Development
BY HEATHER MCCULLOUGH
Council OKs Argyle Marketplace site plan Argyle Town Council unanimously approved a new site plan at the Oct. 20 meeting for the Argyle Marketplace retail and office development, which will be located adjacent to Little Joe’s Farmstead. Council members also unanimously approved waiving town fees in the amount of $195,000 for the development and a reimbursement grant of $300,000 to Colo Development Partners for Argyle Marketplace. The grant will be given to the developer after a building permit is acquired, Town Manager Mike Sims said. The development will cost $9.7 million, Sims said. The overview The site plan has three buildings for retail or office use, according to town documents. The building along US 377 is proposed to be 13,600 square feet, and the two buildings proposed for the back of the property are nearly 5,000 square
Argyle approves Knight’s Ridge
COOK ST.
377
NORA LN.
4,982 square feet
4,999 square feet
A new single-family home development will be built west of FM 1830 in Argyle following council approval of a preliminary
13,600 square feet
plat Oct. 20. The details
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The subdivision, named Knight’s Ridge, consists of 25 custom-built single-family homes. Construction is expected to start in January and finish by the end of 2026.
feet, per town documents. The development could generate $280,000 a year in sales taxes, assuming 40% of the develop- ment will be retail businesses, Sims said. “That’s a part of how the [Municipal Develop- ment District] looks at [if this] is worth putting the investment toward,” Sims said. The development will also have a space for the Argyle Farmers Market with lighting provided. What else Construction could begin in the first quarter of 2026 and last 18 months, town officials said.
1830
1830
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