From: AustinBusinessJournal
By: Kate Harrington // July 31, 2009
A protracted legal battle over water in Southeast Travis County may finally be at an end, paving the way for a massive planned development to move forward.
A Travis County District Court judge ruled earlier this month in favor of Carma Texas, the Texas arm of Calgary, Canada-based Carma Developers LP, dismissing a case from Creedmoor-Maha Water Supply Corp.
The dispute between the two groups goes back more than a year. Carma has been buying land just west of Austin-Bergstrom International Airport in far East Austin since 2005 and has amassed about 2,300 acres.
The developer plans a master-planned community that will include about 16,000 homes, roughly 4 million square feet of commercial space, several schools and parklands at buildout, but a construction timeline has not yet been put together.
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