Submitted by Realty Capital Management, LLC: Lakeside Dining, Lake Grapevine Views top the wish-list of Flower Mound Residents for Lakeside DFW project
Over the past month, Realty Capital Management, LLC (“RCM”), has been meeting with Flower Mound residents in an effort to gather input to create a long-term development plan for Lakeside DFW, a 117-acre, master-planned project overlooking Lake Grapevine in southern Flower Mound. The project is located at FM 2499 and Lakeside Parkway
Overwhelmingly, the residents of Flower Mound have communicated through surveys and focus group meetings that the amenities they would most like to see at the project are lakeside dining, lakefront views, and pedestrian trails. The least requested amenities from those residents surveyed were dog parks and athletic fields. RCM is continuing to seek resident input and encourages all Flower Mound residents to complete the survey available on the Lakeside web site, www.LakesideDFW.com
“We are so thankful for the contribution our neighbors have made thus far,” said Jimmy Archie, Managing Director of RCM. “While the process we are undertaking may seem simple, it is quite unusual for the development industry. By gathering resident input prior to presenting a plan, we hope to incorporate all of the most desired amenities into the Lakeside DFW project for the residents of Flower Mound to enjoy.”
Because of the property’s unique location along the edge of Lake Grapevine, the development team has been meeting with the Corps of Engineers to determine what amenities can be offered that involve the Corps property along the lakefront. In addition to meeting with residents and the Corps, RCM has been meeting with brokers, developers, and businesses to determine the market demand for development at Lakeside DFW.
The next step in the planning process will be to mesh the citizen input and the Corps property rules and regulations with the market demand for the property to create a first class development plan for the site. RCM will begin drafting a plan shortly after a scheduled work session with the Flower Mound Town Council on December 5th with the goal of applying for zoning entitlements in the first quarter of 2012.
For additional information on Lakeside DFW, please visit the property’s website at www.LakesideDFW.com
or call Jimmy Archie at 469-533-4131.