Posted: Fri, 29 Apr 2011 12:00 AM - 15,389 Readers

By: Cody Lyon

Austin’s first and only proposal for a neighborhood that floats on water is in limbo as regulators figure out what — if anything — to do.

Landowner Brian George’s idea to build as many as 150 floating homes on Lake Travis in Cypress Cove is opposed by many nearby landowners, and has become tangled in public processes after public hearings with the Lower Colorado River Authority and, more recently, Travis County Commissioners Court.

The LCRA, the ultimate arbiter of the lake’s future, isn’t sure how to handle the proposal.