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	<title>Develop Austin Texas &#187; Lake LBJ</title>
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		<title>Skywater on Lake LBJ up and running again</title>
		<link>http://www.developaustintexas.com/skywater-on-lake-lbj-up-and-running-again/</link>
		<comments>http://www.developaustintexas.com/skywater-on-lake-lbj-up-and-running-again/#comments</comments>
		<pubDate>Wed, 02 Sep 2009 14:42:32 +0000</pubDate>
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				<category><![CDATA[Waterfront Land]]></category>
		<category><![CDATA[Horsehoe Bay Homes]]></category>
		<category><![CDATA[Horseshoe Bay]]></category>
		<category><![CDATA[Horseshoe Bay Property]]></category>
		<category><![CDATA[Lake LBJ]]></category>
		<category><![CDATA[Lake LBJ Homes]]></category>
		<category><![CDATA[Lake LBJ Land]]></category>
		<category><![CDATA[Skywater]]></category>
		<category><![CDATA[Waterfront Development]]></category>

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		<description><![CDATA[Skywater Oer Horseshoe Bay auctioned off, up and running again.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.hsbbeacon.com/news/article/13050">After a turbulent spring in which the original developers faced bankruptcy</a>, The proposed $1 Billion Skywater Over Horseshoe Bay project was recently auctioned off to a new investment group, SW Ownership LLC.  The new owners have scaled back the project to a more modest $245 Million but are still retaining the <a href="http://www.nicklaus.com/design/overview.php">Jack Nicklaus Signature Golf Course </a>which promises to be one of the premier golf courses in <a href="http://www.highlandlakes.com/horseshoebay/">Horseshoe Bay</a>.  The 1,600 acre development will feature lot sizes ranging from 1/3 of an acre up to 8 acres and will feature a clubhouse, pool, recreation facilities, hiking and biking trails as well as membership privileges to neighboring <a href="http://www.hsbresort.com">Horseshoe Bay Resort</a> with 3 golf courses and Lake LBJ access.</p>
<p>With fantastic Hill Country views, 3 golf courses, airport and access to constant level water on Lake LBJ, Horseshoe Bay has become a premier destination for retirees and second homeowners throughout Texas.  It&#8217;s a tremendous success with over $1 Billion in appraised property values, dubbing it the &#8220;Billion Dollar Bay.&#8221;</p>
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