On Tuesday, February 23, 2016, Continental Properties closed on the acquisition of 18 acres for a new Springs community in Waco, Texas. The property is well located just east of I-35 along Bagby Avenue. Nearby demand drivers include a new hospital, retail center and numerous employers. Upon completion, Springs at Cottonwood Creek will consist twelve buildings containing 260 units. Ground breaking occurred yesterday and the first building is scheduled to be delivered in January 2017.