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Georgetown approves $20.9M in PID bonds for 3,600-home Heirloom, groundbreaking set for Nov. 5

Georgetown OKs $20.89M in PID bonds for Heirloom, a 620-acre, 3,600-home community, to fund a 2-mile road, utilities and trails. Groundbreaking is Nov. 5.

The Williamson County Courthouse in Georgetown, Texas (Photo: Larry D. Moore / Wikimedia Commons, CC BY 4.0)

Heirloom, the 620-acre mixed-use community planned for northwest Georgetown, has its infrastructure money lined up. City Council on Oct. 27 approved the project's public improvement district agreement and authorized $20.89 million in PID bonds, with a groundbreaking set for Nov. 5 (via Community Impact).

After a public hearing, council voted unanimously for the special assessment ordinance and the service and assessment plan for the Heirloom PID. Those documents set how the cost of the bond-funded improvements gets spread across property in the district.

The bond money is earmarked for three things: a collector road about 2 miles long, water and wastewater lines, and public trails inside a park the city will eventually own.

Heirloom sits near Williams Drive and Ronald Reagan Boulevard, a corridor that has been filling in fast with master-planned neighborhoods such as Parmer Ranch, Nolina and Woodside. Plans call for about 3,600 homes, a mix of single-family houses and townhomes, along with commercial space and a future Georgetown ISD school site. Zoning on the property also allows a corporate campus, multifamily housing, big-box retail and smaller shops.

The developer is Dallas-based Columnar Investments. Logan Kimble, the firm's vice president of land operations, told Community Impact that homebuilders are already signed on, with announcements coming soon. The first work on site will be infrastructure, including the main commercial loop road and the opening phases of residential lots, and Kimble said the first phase is targeted for completion in May or June 2027.

On the commercial side, Kimble has floated a big grocer such as Trader Joe's as an aspiration, not a commitment. "We're open to being flexible with the market," he said.

The approval caps a process that has run more than a year. City records show council handled the Heirloom PUD zoning, a development and construction agreement, and the creation of the Heirloom Public Improvement District at its Aug. 26, 2025 meeting. In July 2026, council agreed to increase the upfront infrastructure funding, according to Community Impact. An April 2026 council agenda also listed a developer deposit agreement between the city and two Heirloom entities tied to the PID.

For anyone unfamiliar with how a PID works in Texas: under Chapter 372 of the Local Government Code, property owners inside the district pay an annual special assessment on top of regular property taxes to cover public improvements that benefit that area. In Heirloom's case, the city issues the bonds to pay for roads and utilities up front, and future homeowners repay them through those assessments.

The roads around the site are changing too. Williamson County is rebuilding Ronald Reagan Boulevard toward an eventual eight-lane controlled-access road. The county's project page shows the segments on both sides of Williams Drive with construction starting in 2026 and running into 2028 or 2029.

Why it matters for Contractors

PID-funded infrastructure is usually the first real money to move on a master-planned community, and here it's about $20.9 million for a 2-mile road, water and sewer lines and trails. That's work for civil and site contractors: earthwork, utility installation, paving, and trail building. If you're a small excavation, underground utility or concrete outfit in Williamson County, find out who's been picked as civil engineer and general contractor for the first phase, and ask about sub bids now.

For residential trades, the timeline matters more than the headline number. Columnar says builders are lined up, but names haven't been announced, and the first phase of lots isn't targeted to be finished until mid-2027. Framers, roofers, plumbers and electricians who want a piece of Heirloom's home construction should watch for those builder announcements and reach out once they're public. With nearby communities like Parmer Ranch and Nolina still building, northwest Georgetown is shaping up as a steady source of new-home work for the next several years.