Cottonwood Shores gives final approval on redesigned condo-villa project
A potential layout of the Bluffview Waters development site in Cottonwood Shores. Courtesy image from the city of Cottonwood Shores
A redesigned version of the Bluffview Waters development is expected to bring a mix of condominiums and villas to Cottonwood Shores, though construction is not expected to begin until 2029.
Cottonwood Shores City Council approved the project’s final site plan and development agreement in its June 18 meeting, authorizing a revised plan that replaces two condominium towers of 113 units and 15 villas with a single 98-unit tower and 22 villas on a hilltop site near the border of Horseshoe Bay city limits off of RM 2147.

Staff photo by Maci Cottingham
To accommodate underground parking and the site’s terrain, the building’s maximum height was increased from 80 feet to 85 feet. Short-term rentals will be permitted under city ordinances and state law.
The project’s cost was previously estimated at $75 million, but updated projections were not released following the redesign. An estimate from when the project was first pitched publicly in 2025 put the development’s completed value at around $150 million. At the time, City Manager J.C. Hughes noted that the total value of property in Cottonwood Shores was only about $200 million.
The original timeline called for a three- to five-year completion, though construction is now not expected to begin until early 2029. According to City Manager Hughes, developers are moving forward with plans for an entry roadway and detailed building design work ahead of the projected start date.
As part of the development agreement, the developer must install construction entrance signage along RM 2147 and provide directional signs for construction traffic. Heavy trucks and construction vehicles will be prohibited from using streets within the Castle Terrace subdivision or entering through the neighborhood’s main entrance.
Possible amenities include an outdoor pavilion, spa, infinity-edge pool, pickleball courts, fitness center, café and bar, dog park, hiking trails and a tennis court.

