Headwater Companies held a building kickoff ceremony October 4 at the Commons at the Rivery, a 12.69 acre mixed-use development on the northside of Williams Drive between Park Lane and Rivery Boulevard.
Commons at the Rivery will include retail, residential and office spaces. In the center of the development, there will be a park area.
The first retail building on Williams Drive is under construction. It will be 15,000 square feet. Golden Nails and My Dental have pre-leased space in the building. Current development plans include two more 9,600-square-foot retail buildings on Williams Drive.
After completing this project, the company plans to reserve 1.28 acres of the site for a 10,500-square-foot development for sale or lease.
Headwater Construction has been operating in Williamson County for 20 years. Ken Mongold and his father Randy founded the company. Until four years ago, it was called San Gabriel Property management. They have built commercial facilities for local distributors including Texas Outdoor Power Equipment, Champion Site Prep, Inc., and Woodgate Corporate Park.
Jarrett Dooley became a Partner at Headwater Construction in 2020. Mr.Dooley said the company is trying to help grow business in Georgetown through building new developments. The Commons at the Rivery will give retail, restaurants and service-based businesses a place to thrive.
“Most of it is what you call speculative retail development,” Mr. Dooley said of the building’s design. “The exterior of the building is Class A retail. It’s done very well as far as architectural appeal and stuff like that. [...] It’s a steel structure with various glasses and metals and fiber cement board. A lot of architectural awning and canopy-type decorative metal as well.”
Mr. Dooley saw this project as a way to “pour back into” the Georgetown community.
“A cool component to the site is that it used to be what was called McCoy Elementary School,” he said. “Friends of mine went to elementary school there. It is a location that a lot of Georgetown people know as something different and they’re excited to see it develop again into something useful for the community.”