Lockhart Approves Development Deal, $1.43B TIRZ Plan for Hillwood’s 1,100-Acre, 2,600-Home Harken Community

Lockhart City Council approved a development agreement and a tax increment reinvestment zone plan for Hillwood Communities' Harken, a 1,100-plus-acre master-planned community between Dry Creek Road and U.S. Highway 183 that calls for more than 2,600 homes and a $1.43 billion investment, with roughly $794 million to be financed through the zone.