P&Z recommends Lakeside DFW approval
The Flower Mound Planning and Zoning Commission unanimously recommended approval of three items Monday to bring the Lakeside DFW mixed-use project to fruition. The town council is expected to vote on the item Nov. 19.
Lakeside DFW is a 150-acre project that would be located near the intersection of FM 2499 and Lakeside Parkway, backing up to portions of Grapevine Lake.
The commission gave the approval for a land use plan change 155 acres from Lakeside Business District and Low Density Residenital to Mixed Use and to allow residential to be included within the project.
It also approved a request to rezone the area from Agricultural District and Planned Development District-39 with commercial uses to Mixed-Use District uses.
The third item was to amend the thoroughfare plan to change Lakeside Parkway from 265 feet west of International Parkway to the southernmost traffic circle to an Urban Minor Arterial with On-Street Parking.
The project, which is highlighted by its access to the lake, is set to include shops, restaurants, outdoor/lakeside dining, a hotel, offices, parks, trails and entertainment venues, such as an amphitheater.
A mix of residential pieces, including single-family detached homes, condominiums, townhomes, apartments, villas and senior housing, are also planned.
If approved by the council, it would be the first project in Flower Mound to fall under the mixed-use ordinance, created in 2008 as a result of a recommendation from the master plan update committee.
Residents at the meeting voiced support for the project, though some questioned parts of it.
"Over the years, we have requested high-end restaurants and retail," said resident Carol Kohankie. "We get second tier. We have a huge black hole in the southern end of town, but this is an opportunity to fill that with an exquisite development."
Others, however, were fearful of the impact of the residential units would have on the town's infrastructure and the school system. They also questioned the sustainability of the retail components, noting the nearby options of in Highland Village and Southlake.
"I don't think there is enough evidence that the market can support it at this point," said resident Christine Richter. "We want high-end retail and restaurants, but what if we can't support it? Once we're rezoned, we're stuck."
Richard Myers of Realty Capital said the first phase of the project would likely include the retail/restaurants at the entrance of the project, as well as some of the single-family homes adjacent to existing neighborhoods and the multi-family component in the center of the project. He said the first phase would be complete within three years.
Myers said the project would be a true mix of uses, which he said will help it become sustainable.
"It's not just going to have one thing," Myers said, adding that each use goes hand in hand. "We're developing a multitude of things, and all of it will come together."
Other concerns included safety between the project and the U.S. Army Corps of Engineers property, and the view from adjacent neighborhoods to the proposed condominium towers, which are expected to be 18 and 25 stories tall. The towers closest to the residential areas would be 18 stories tall.
In addition, 18 residents sent emails to the town to voice support while seven people emailed opposition.
Despite the unanimous vote, commissioners questioned parts of the project.
Among some of the concerns the commission had centered on the project's development code. Chairman Tom Goss questioned the wording of the code, where at one point it noted the town's planning director could make minor changes to the project, including the addition/subtraction of road lanes.
He was concerned that some of the parks in the project didn't appear to include various items such as benches, trash cans, etc. Both of those concerns were addressed in the motion.
With Lakeside Parkway's designation change, it would adopt the concept of angle parking. This would be the first location in Flower Mound that uses this type of parking.
Another piece to this classification is the reconfiguration of the lanes on this segment of Lakeside Parkway from six to four. There would be a 16-foot median installed, 18-foot parking lanes on each side and a new 14-foot parkway would be used for utilities and a sidewalk.
Officials said walkability is crucial for a project like this.
Myers said the project, at build-out, is expected to generate between $2.5 million and $3 million in sales tax and between $3 million and $3.5 million in property taxes for the town.