A new video released this week by Realty Capital provides an animated vision of what Flower Mound residents can expect at Lakeside Village, the 35-acre parcel south of The Lakeside Tower.
Proposed zoning changes to the site (as depicted in the video) will be presented formally to the Planning and Zoning Commission on March 12, and to the Town Council on March 19.
“This video suggests that the Stewart Family and Realty Capital plan to raise the bar in Lakeside Village,” said Ron Crosby, who owns 23.8 acres at the northeast corner of Lakeside Parkway and FM 2499.
“It appears,” he added, “that Lakeside Village will have the kinds of qualities that can attract people from all over DFW to Flower Mound. 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 totalling 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. “The sunset views at Lakeside Village will certainly make it especially inviting.”
Representing over a year’s worth of work with residents, architects, and town officials, the two-minute tour takes viewers from Lakeside’s southern roundabout to the property’s southern tip (see graphic).
Along the way, viewers see condominiums over retail spaces on Lakeside Village Parkway west of the roundabout.
As the camera turns to the south, viewers see several residential and office buildings and a small structure in the distance resembling a chapel.
At the :50 mark, a six-story condominium building on the right comes into view. Sunset Point, the popular deck constructed last year to overlook Lake Grapevine, lies to the northwest of this structure.
Shortly after the 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.
As one takes in the amphitheater to the west, the trail that connects to the existing Lakeside Boardwalk can be seen down near the lake.
On the final approach to the southern end of the site, a Mediterranean-style chapel comes into view that represents a proposed wedding venue. On the right, multiple restaurants offer lake views for their patrons.
As the camera pulls back to take in the southern end of the project, one can see a plaza surrounded by restaurants and opportunities for the public to enjoy the views over Lake Grapevine.
Cars at the restaurant plaza will be hidden in a three-level underground parking garage.
“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.”