Lewisville - Flower Mound - Highland Village - April 2022

LAKESIDE BUSINESS DISTRICT The district is about 87% built out with two more projects in the works.

SPINKS RD.

The Shops at Lakeside is located in the Lakeside DFW development. LAKESIDE square feet restaurant/ retail/commercial space 110,000 Includes over restaurants and stores 40 single-family homes 260 ($600K-$1.5M) 1,100 multifamily units Complete

LAKESIDE PKWY.

GRAPEVINE LAKE

N

450 in Elan Lakeside, 450 in Nexus Lakeside, 200 in Overture (age 55-plus)

SOURCE: TOWN OF FLOWER MOUNDCOMMUNITY IMPACT NEWSPAPER

Completion estimate 2027

LAKESIDE VILLAGE

DEVELOPMENT

This will be town’s rst development on the lake’s shoreline.

SILVERON PARK

DEVELOPMENT

Completion estimate 2024

single-family homes starting at High-rise luxury condos are already completed. 56 450 55 $1.2M hotel rooms

The project is scheduled to break ground in 2023.

The plan includes 525,200

45,880

square feet of oce space located within eight buildings ranging from one to four stories.

square feet of retail/restaurant space located within ve one-story buildings

810

square feet of restaurant space 42,000

55,000

square feet of retail and commercial space

high-rise luxury residential units

square feet in a ve- story parking garage

multifamily dwelling units

200

281,400

square feet of oce space

300,000

can be used for wedding receptions and a wedding chapel, Archie said. “LakesideVillage is going tobecome a tourist attraction and create revenue to the town at levels the town’s never seen froma development before,’’ he said.

be located in Lakeside, Stewart said. “People like to come to Lakeside,” he said. “It has a vibe and a charm.” Lookingahead More is slated to comewith the Silve- ron Park and Lakeside Village projects. Silveron Park was approved during a Feb. 21 Flower Mound Town Coun- cil meeting. The plan includes oces,

retail and restaurant spaces, multifam- ily units and a parking garage, according to the project’s information packet. Lakeside Village includes luxury condos, residential units, single-fam- ily homes, a hotel, restaurant space, retail space and oce space. Construc- tion has begun on the project, and the high-rise luxury condos are already completed, said Archie, who works for

Realty Capital Management. The company is the master devel- oper of the Lakeside Village mixed-use project on 160 acres. The next phase of the project involves developing the 40 acres that is actually on the lake’s shore, Archie said. Lakeside Village will include tourist attractions, such as restaurants with patios on the lake, boutique hotels that

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LEWISVILLE  FLOWER MOUND  HIGHLAND VILLAGE EDITION • APRIL 2022

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