The Pearl at Lake Pointe Planned Development
The City received a zoning application for a Planned Development District (PD) – Final Development Plan for 6.5 acres of property located at the intersection of Creekbend Drive and Creekbend Drive just south of the Fluor Corporation. The project proposal consists of a mix of multi-family units and live/work units with a structured parking garage to serve the development.
The proposal is for 370 multi-family units and 5 live/work units. The 370 multi-family units will consist of a mix of one-bedroom and two-bedroom units. The 5 live/work units will be located along the southern portion of the building facing Creek Bend Drive and the Milano Event Center, and will provide for office focused uses to be located on the ground floor of these units.
The development includes 9,600 sf of flex office co-working space for lease adjacent to a 4,425 sf meeting space fronting Creek Bend Drive. The development will also include a 2,000 sf café/coffee shop and co-working business lounge open to the public located on the ground floor.
This site is located in the Lake Pointe Regional Activity Center as identified in the City’s Land Use Plan, adopted by City Council in August of 2018. Please refer to this link for information on what a Regional Activity Center is in the Land Use Plan. The Land Use Plan identifies that uses in this center should include offices, residential, retail/entertainment, and hotels. Please refer to this link to the Lake Pointe Regional Activity Center for details.
The Land Use Plan also provides guidance when multi-family developments are proposed that provides for a cap on the amount of multi-family units allowed, and outlines specific design features to ensure appropriate integration of multi-family within an overall development proposal.
The Zoning Process
The Planning & Zoning Commission held a public hearing on March 23, 2023 where there were a handful of public speakers that were in support of the project, and the Commission was able to provide their feedback on the item to staff and the applicant team. The Commission held their second meeting on April 11, 2023 where the Commissioners unanimously voted to recommend approval of the Final Development Plan to the members of City Council.
On May 2nd, the City Council held their public hearing and first reading of the ordinance for the proposed Final Development Plan. Some members of the public spoke in support of the project, and the City Council voted unanimously to approve the zoning ordinance on first reading. The second and final reading of the ordinance for this development proposal will be scheduled for the next upcoming City Council meeting in May.
|March 23, 2023||Planning & Zoning Commission Public Hearing|
|April 11, 2023||Planning & Zoning Commission - Consideration & Action|
|May 2, 2023||City Council Meeting Public Hearing|
|May 16, 2023||City Council Meeting Second Reading|