Preload Spinner

City of Buda says signed term sheet is step toward resolution with MileStone on 775-acre Persimmon project

BACK

City of Buda says signed term sheet is step toward resolution with MileStone on 775-acre Persimmon project

Multiple representatives from the city of Buda issued statements on Oct.30 after the Austin Business Journal confirmed that MileStone CEO Garrett Martin sent a signed term sheet to the city the week prior. This means a tentative deal has been reached to bring forth thousands of homes south of Austin after years of at-times contentious negotiations. Read more about the city’s response and the next steps for the Persimmon development. Also, subscribers can access ABJ’s list of the biggest homebuilders.