The City of Rowlett, Texas, has sued the developer of a $1 billion mixed-use project for not adhering to approved plans.
According to city officials, the Bayside development is in default of their development agreement with the city. The developer is accused of changing features that city officials felt were critical to the project’s success after the city met its obligations.
Rowlett had agreed to economic development incentives, created a tax increment reinvesting zone, and sought state tax support for a convention center. The city said the developers changed the original vision by eliminating a planned eight-acre Crystal Lagoon, trolley, and one-acre show fountain, and reduced the amount of restaurant, retail and entertainment space by 55%. The revised plan also would increase the space for residential development from 29 acres to 50 acres.
“Bayside is a public-private partnership, and our development partner is obligated to adhere to the vision for Bayside with which both parties are contractually committed; any changes to the vision require city approval,” Mayor Tammy Dana-Bashian said in city news release. “We are disappointed that it has reached this point and that we are forced to take this action.”
Related Stories
Codes and Standards | Dec 9, 2020
Investors want building resiliency plans and risk mitigation practices
Owners should assess risk, insurance coverage, and ability to withstand disasters.
Codes and Standards | Dec 4, 2020
OSHA cites more than 200 employers for COVID-19 violations
Agency releases guidance on lessons learned from pandemic inspections.
Codes and Standards | Dec 1, 2020
Pandemic spurs nearly 16 million people to move from major cities
Most of the movement seems permanent.
Codes and Standards | Nov 30, 2020
USGBC ready to catalyze LEED Positive future
New programs, updates will spur shift to regenerative strategies.
Codes and Standards | Nov 30, 2020
Updated spec for self-adhering flashing surrounding exterior fenestration products released
FGIA document was last updated in 2013.
Codes and Standards | Nov 30, 2020
Finalized 2021 Energy Code leaves out future-proofing provision
Appeals process nixed requirement for residential electrification readiness.
Codes and Standards | Nov 23, 2020
GBCI turns over GRESB ownership to global investment firm
Organization assesses sustainability performance of real estate and infrastructure portfolios and assets.
Codes and Standards | Nov 23, 2020
New industrywide clay brick EPD launched
Contributes toward LEED v.4.0 and v.4.1 materials and resources requirements.
Codes and Standards | Nov 19, 2020
The ‘15-minute city’ could transform municipal planning
Concept aims for car-free living.
Codes and Standards | Nov 18, 2020
Commissioning study finds median energy savings of 3% to 16%
Berkeley Lab examines results of commissioning across building types.