Town adjusts Lakeside East Chapter 380 for townhomes
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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.
More from Town of Flower Mound town
tips-contract-240901-sames-bastrop-ford_95a.pdf
Town of Flower Mound AgendaPacket Regular Meeting 2026-06-15
Town of Flower Mound AgendaPacket Regular Meeting 2026-06-15
Town of Flower Mound AgendaPacket Regular Meeting 2026-06-15
Town of Flower Mound AgendaPacket Regular Meeting 2026-06-15
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