Major Developments That Will Shape Georgetown in 2026
Georgetown is growing—and fast. From master-planned communities and family entertainment venues to essential infrastructure and vibrant new dining, 2026 is shaping up to be a landmark year. Whether you're exploring neighborhoods or already call Georgetown home, here are the top projects poised to make a difference.
Heirloom Master‑Planned Community
What to Know: Spanning 620 acres west of Ronald Reagan Boulevard, Heirloom is a massive mixed-use development by Columnar Investments. It’ll combine 3,600 homes, a town-center retail district (200,000 sq ft), parks, trails, and even room for a future school .
Timing: Groundbreaking is expected in early 2026, with phased builds over the next 8–10 years .
Why It Matters: Heirloom will shape a walkable, vibrant new pocket of town—a self-contained mini-community offering convenience, greenery, and connectivity.
Bluebonnet Plaza Retail Hub
What to Know: Already leasing the first phase of 33,000 sq ft, Bluebonnet Plaza will welcome national favorites like Shake Shack, Velvet Taco, Chipotle, Mountain Mike’s Pizza, Jetset Pilates, Heartland Dental, and more .
Why It Matters: Retail and dining hubs like this draw foot traffic and make daily life more convenient—a boon for nearby homeowners and renters.
The Commons at Rivery
What to Know: This 12.7-acre mixed-use project near Williams Drive launched Phase 1 in October 2024. It includes apartments, service businesses, retail, restaurants, and a public plaza .
Why It Matters: It’s one of Georgetown's first walkable “live-work-play” developments—perfect for buyers seeking urban convenience in a smaller-town setting.
Downtown Infrastructure & Garey Park Upgrade
What to Know: Georgetown is investing over $105 M in downtown improvements, including the first-ever parking garage, a new Light & Water Works Plaza, and enhancements to Garey Park (adding campsites, amphitheater, skate park, bike trails) .
Timeline: Garage and plaza finish late 2025; Garey park upgrades wrap by spring 2026 .
Why It Matters: Downtown vitality—more events, visitors, and charm—drives real estate appeal and attracts attention to the historic square.
Water Resilience & City Services
What to Know: To meet booming demand, Georgetown is expanding its water systems with a new South Lake Water Plant ($291 M total), doubling capacity by 2026. A new Customer Service Center and maintenance facilities are also on the way .
Why It Matters: Smart infrastructure supports growth sustainably—and assures homeowners their city is planning responsibly.
Why This Matters for Real Estate
New Communities: Heirloom and Rivery bring fresh housing options and amenities that boost local value.
Lifestyle & Convenience: Retail hubs and park upgrades make Georgetown more livable and vibrant.
Long‑Term Stability: Water and city upgrades show strong commitment to growth—and add confidence for future buyers.
How I Track It for You
Each month, I compile the latest in Georgetown developments so you don’t have to:
Big Picture – Master‑planned communities and city-wide investments
Local Moves – Retail, dining, and building openings
Community Enhancements – Parks, plazas, and pedestrian upgrades
City Infrastructure – Water, roads, and public services
Real Estate Insight – Analysis on how each development might influence prices and neighborhoods
If you're curious about how these changes could affect home prices, where to buy near Heirloom or the square, or simply want updates sent straight to your inbox, I’m here to help – just say the word!