Lewisville - Coppell | December 2024

Coppell lines up $48M in projects From the cover

BY JONATHAN PERRIELLO

Project 1

Project 2

Project 3

Looking ahead

The overview

Top 3 projects funded by the $53.5M bond

Construction of the $11.5 million fire station at 157 S. Moore Road is nearly half complete, Fire Chief Kevin Richardson said. The station will be the fifth for the city and its central location will allow for better coverage and increased response times as call volumes increase yearly, Richardson said. The additional fire station could also reduce insurance rates for homeowners. While the new station will be a valuable tool for recruiting new fire candidates, Richardson said there are no plans to hire more personnel. “I’m excited that our community supports our public safety efforts so that we can get out there and provide them high-level service,” he said.

The 30-year old service center houses the Community Experiences Park Operations division, along with Special Events, Community Programs, Special Projects, and administrative teams. The South Coppell Road site will provide additional meeting, work and storage space, and will feature improved locker rooms for staff, Community Experiences Director Jessica Carpenter said in an email. Plans entail constructing additional parking and a new 9,052-square-foot building that will house the departments’ office staff and include a training space for all city staff use, Garza said. The parking lot expansion was completed the first week of December. Afterward, construc- tion of the new building and renovation of the existing service center is anticipated to take about 16 months. The new center will also feature space for collaboration between public works and community members, Garza said.

MAY Council OKs $53M bond JULY Fire station construction begins OCTOBER Coppell Service Center construction begins SPRING Royal Lane construction begins SUMMER Fire Station No. 5

The three projects are funded by a $53.5 million bond package, which the council approved in May. The bonds were then sold in August, said Kim Tiehen, director of strategic financial engagement, in an email. The bond allocated around $12 million each for the fire station and service center, respectively, with the Royal Lane project expected to cost $24 million, according to district documents. The principal and interest for the bonds are repaid with the interest and sinking portion of the city tax rate, Tiehen said. The principal and interest due during fiscal year 2025 is approximately $8.5 million. When issuing the recent bond, city staff maintained the current tax rate. The bonds were to be issued in 2023 and were delayed until 2024 to meet this objective, Tiehen said. Officials plan to repay the bond debt by 2044 at an interest rate of 3.782%.

South Royal Lane reconstruction

2024

• Project to be put out to bid in winter 2025 • Anticipated to remain within the $24 million budget • Currently carries around 15-20K vehicles per day • Existing pavement to be demolished • Temporary road closures and new traffic patterns expected

21.5%

Fire Station No. 5: $11.5 million

W. SANDY LAKE RD.

2025

23.36%

Coppell Service Center: $12.5 million

2026

completes SUMMER Service Center completes SPRING

W. BETHEL RD.

44.86%

Royal Lane reconstruction: $24 million

Coppell

E. SANDY LAKE RD.

2027

Royal Lane completes

121

635

Coppell

SHADOWCREST LN.

SOURCE: CITY OF COPPELL/COMMUNITY IMPACT

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SOURCE: CITY OF COPPELL/COMMUNITY IMPACT

SOURCE: CITY OF COPPELL/COMMUNITY IMPACT

THE COLONY 4901 Hwy 121 (214) 469-2113

LEWISVILLE 2416 S Stemmons Fwy (214) 488-0888

IRVING 1900 Market Place Blvd (214) 379-4695

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