Lewisville Considers Office Park Agreement With Legacy Parks VR
City of LewisvilleCity · AR- Disclosed value
- Minimum capital investment of $10 million by developer; estimated City incentives of $272,740 in property-tax grants, $71,837.50 in waived building-permit fees, and $14,938.18 in impact-fee grants
- From agenda
- Document date
- Nov 2, 2026
- Term
- 10 years
The 30-second brief
The City Council is set to consider an economic development agreement with Legacy Parks VR, LLC for a proposed 30,000-square-foot office condominium park. The 10-year agreement would provide property-tax grants and one-time fee waivers in exchange for a minimum $10 million investment and continued office-park operations.
Legacy Parks Vr LLC holds this contract with City of Lewisville.
Term as filed: 10 years.
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Contract details
- Amount
- Minimum capital investment of $10 million by developer; estimated City incentives of $272,740 in property-tax grants, $71,837.50 in waived building-permit fees, and $14,938.18 in impact-fee grants
- Document date
- November 2, 2026
- Term
- 10 years
- Vendor
- Legacy Parks Vr LLC
- Agency
- City of Lewisville
- Source document
- City of Lewisville Agenda City Council Meeting November 2, 2026 (Agenda)
Legacy Parks Vr LLC's other public contracts
More City of Lewisville contracts
Questions about this contract
Who was awarded the government contract by City of Lewisville?
Legacy Parks Vr LLC was awarded this government contract by City of Lewisville, as recorded on November 2, 2026. The contract value is Minimum capital investment of $10 million by developer; estimated City incentives of $272,740 in property-tax grants, $71,837.50 in waived building-permit fees, and $14,938.18 in impact-fee grants.
How much is the Legacy Parks Vr LLC contract with City of Lewisville worth?
The Legacy Parks Vr LLC contract with City of Lewisville is valued at Minimum capital investment of $10 million by developer; estimated City incentives of $272,740 in property-tax grants, $71,837.50 in waived building-permit fees, and $14,938.18 in impact-fee grants.
What type of contract is this?
This is a government contract, documented as a agenda record.
Where was this contract approved?
This contract appears in City of Lewisville Agenda City Council Meeting November 2, 2026 (Agenda), dated November 2, 2026 from City of Lewisville. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Legacy Parks Vr LLC hold?
Legacy Parks Vr LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Lewisville currently buying?
Explore City of Lewisville's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.