Also seeFlower Mound approves Lakeside Village
The Flower Mound Town Council unanimously approved the zoning for Lakeside Village on April 19, 2018.
The plan for the 38+ acre property south of Lakeside Tower and Lakeside DFW features a restaurant plaza that offers ground-floor views of Grapevine Lake to the south, west, and northwest. Mid-rise residential, villa homes, lofts above ground-floor retail, a hotel, a proposed performing arts center, and office will round out the built environment.
The zoning for Lakeside Village includes amenities like a naturally formed amphitheater and trails along the treed areas close to the lake. A series of view corridors will give the public a variety of perspectives on Grapevine Lake.
Features included in zoning for Lakeside Village
- Starts at Lakeside’s southern roundabout with residences over retail
- Mid-rise residential and office
- 50-second mark, a six-story condominium building on the right comes into view. (Sunset Point, the popular deck completed in March of 2017 to overlook Lake Grapevine, lies just outside the frame to the right.)
- After 1:00 mark, a hotel appears that sits behind a community green where visitors will overlook the lake to the west. The two-story structure adjacent to the hotel (on the southern side) represents the possibility of a performing arts center.
- Naturally formed amphitheater to the west with a trail behind it (close to the lake) that connects to the existing Lakeside Boardwalk
- A Mediterranean-style chapel that represents a proposed wedding venue. On the right, multiple restaurants offer lake views for their patrons.
- Cars at the restaurant plaza will be out of sight in a three-level underground parking garage.
“Lakeside Village will be of great benefit to the community from an economic development perspective,” said Andrea Roy, Flower Mound’s economic development director.
“The proposed project’s ultimate contribution to the property tax values in the community is estimated to exceed $1 billion,” Roy added.
“That is just the beginning,” she suggested. “The positive economic impact of the project is far-reaching, and beyond the borders of the project.”
“Lakeside Village will have the kinds of qualities that can attract people from all over DFW to Flower Mound,” said Ron Crosby about the zoning for Lakeside Village. Crosby owns 23.8 acres at the northeast corner of Lakeside Parkway and FM 2499.
“That’s good for development prospects at our corner and should stimulate quality development for the entire Lakeside Business District.
“It looks like a genuine tourist attraction for the town.”
“Lakeside Village will be a real draw,” said Mike Martinez, an executive with CTDI, a cable box manufacturer and testing firm with three separate facilities in Flower Mound totaling 500,000 SF of office and warehouse.
“My business associates and I have been very impressed with the shops and restaurants at Lakeside DFW,” said Martinez, a Flower Mound resident and supporter of smart growth, regarding the zoning for Lakeside Village. “The sunset views at Lakeside Village will certainly make it especially inviting.”
“Attracting employers to the Lakeside Business District,” said Crosby, “has been viewed as a chicken and the egg kind of scenario — we need the restaurants to attract employers, while we need employers to attract restaurants.
“With its outstanding amenities for residents, current employers, and future employers,” Crosby suggested, “Lakeside Village can be Flower Mound’s golden egg.”
The zoning approval did not come without some controversy. During the weeks leading up to the hearing on the proposed zoning for Lakeside Village, some town residents suggested that the plan (especially the mid-rise residential towers) did not properly reflect the town’s identity.