Lewisville - Flower Mound - Highland Village | July 2022

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The Realm at Castle Hills will continue to expand through 2025. COURTESY THE REALM AT CASTLE HILLS

The Realm at Castle Hills to continue growth through 2025

BY SARA RODIA

completed, and The Realm manage- ment is in the process of renting these spaces to tenants. Some of these recently opened and coming soon dining and retail spaces include Salubrious Juice & More, Castle Hills Animal Hospital, Cool Heads, Salon Bellus, Wild Fork, Worth the Pour and Hotworx, according to the The Realm website. Phase 3 is now underway at The Realm. Phase 3 is not yet built, but it will “most likely include around 300 multifamily units over retail,” Patterson said. There is no budget for Phase 3. Ocials hope to also add phases 4 and 5 in the future, according to Pat- terson. However, there are no existing plans, budget estimates or timelines for these phases. “We are hoping to create a jewel for Lewisville, a jewel for Castle Hills,” Patterson said. “I think ownership has always envisioned—once all those homes of Castle Hills were in place—creating a really nice commer- cial destination, and we believe that’s what we’re doing here at The Realm.”

Flower Mound talks tennis center LEWISVILLE The Realm at Castle Hills has been consistently growing over the past few years, and plans for the area extend through approxi- mately 2025, according to ocials. The Realm consists of a mix of apart- ments, oces, restaurants and retail shops, which began to open in 2019. In late 2019, The Realm rst opened an oce building and 15,000 square feet of restaurant space. However, due to the COVID-19 pandemic starting in early 2020, The Realm was not quick to lease many of these spaces, said Lucas Patterson, executive vice president for Bright Realty. “We’ve really seen an uptick in activity since the pandemic has started to recede,” Patterson said. “Over the last six to nine months, we have seen an increase in leasing activity.” The open and coming soon ame- nities at The Realm are results of the Phase 1 and Phase 2 projects. The budget for these two phases was about $150 million, Patterson said. The construction of new build- ings for phases 1 and 2 has been

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If the item is placed on the May ballot and approved by voters, funds

for the project would be general obligation bonds and funded by 4B sales tax collections. “I think we all agree it needs to go to voter approval,” Mayor Derek France said. The council has until February to put it on the May ballot. “This is a situation where we have time to be thoughtful,” Town Manager James Childers said. COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM

Lewisville, TX

BY SAMANTHA DOUTY

We are right around the corner and understand the local job market.

FLOWER MOUND The town council discussed the potential for a May bond election for a tennis center during its June 20 meeting. The center is projected to cost at least $13 million and would be located at Trotter Park.

(972) 855-8009 • ebrHRexperts.com