After a year of development, the city of Dripping Springs moved forward with Phase 2 of the Headwaters development construction plan after the completion of Phase 1, which began in late 2015.

The city recently approved a Planned Development District that regulates the type of development within the District.

The Headwaters property includes more than 1,500 acres of undeveloped land, which the owner intends to develop as a “master-planned, mixed-use community that will include commercial and...