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The Neue is on to the next stages of development after New Braunfels City Council approved a $2.2 million expenditure for the mixed-use development project Nov. 24.
The Neue will be a four-story mixed-use condominium development located at 699 W. San Antonio St. in New Braunfels, which aims to further the city’s comprehensive strategic plan, Envision New Braunfels, as previously reported by Community Impact.
The update: Costs include the development of the project and public infrastructure improvements. The improvements will be along Guenther Avenue and San Antonio Street, and include sidewalk, drainage and utility improvements and Americans with Disabilities Act-compliant enhancements, Deputy City Manager Jordan Matney said in the presentation to City Council.
The New Braunfels Economic Development Corp., or NBEDC, plans to use the development of The Neue as a way to fulfill other policy objectives, such as walkability, connectivity and the expansion of underground utilities, Matney said. Funding for the project will come from NBEDC ‘s purse, funded primarily by a portion of sales tax.
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