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FINANCIAL_SERVICESAMENDED

Town of Flower Mound AgendaPacket Regular Meeting 2026-06-15

Town adjusts Lakeside East Chapter 380 for townhomes

Town of Flower Mound townFM 2499 RETAIL VENTURE LPJune 15, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Town of Flower Mound is considering approval of a Residential Site Restriction Agreement and a Partial Release of its existing Chapter 380 Agreement with FM 2499 Retail Venture, LP for roughly 11 acres within the Lakeside East project. The action removes the townhome area from economic incentive provisions while preserving townhome development standards and does not change the original financial terms.

Contract Details

Vendor

FM 2499 RETAIL VENTURE LP

Agency

Town of Flower Mound town, TX

Contract Type

FINANCIAL_SERVICES

Document Date

June 15, 2026

Renewal Info

Original Chapter 380 Agreement approved October 6, 2025 remains in effect for the balance of the property; this action partially releases the residential townhome area while restating townhome requirements in a separate agreement that runs with the land.

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