Posted: Mon, 26 Apr 2010 12:41 PM - 11,772 Readers

By: Austin Business Journal

National residential developer Standard Pacific Homes has purchased 63 lots in a lakefront master-planned community in West Austin, for an undisclosed amount.

Standard purchased nine separate lot plans in the Lake Travis-side Rough Hollow community in Lakeway, and officials plan to build homes between 2,200 and 3,200 square feet. Prices will begin at $330,000, according to the release.

Construction will begin in the Cypress Ridge area of the neighborhood.

Rough Hollow covers about 1,787 acres in eight separate neighborhoods and includes 260 boat slips, an amphitheater, pool, fitness center and tram to the community marina and restaurant.

Plans to build a clubhouse, day spa, coffee bar, deli and corporate offices are in the works.