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
Adaptive Reuse | Oct 26, 2020
Mall property redevelopments could result in dramatic property value drops
Retail conversions to fulfillment centers, apartments, schools, or medical offices could cut values 60% to 90%.
Codes and Standards | Oct 26, 2020
New seismic provisions for the National Earthquake Hazards Reduction Program released
The provisions present a set of recommended improvements to the ASCE/SEI 7-16 Standard.
Codes and Standards | Oct 22, 2020
More than 130 building projects have engaged LEED’s Safety First Credits in response to COVID-19
Best practices helping companies develop and measure healthy, sustainable, and resilient reopening efforts.
Codes and Standards | Oct 21, 2020
New technologies and techniques can ‘future-proof’ buildings
Net-zero principles may give buildings longer lives.
Codes and Standards | Oct 20, 2020
Updated AIA Contractor’s Qualification Statement and Warranty Bond documents available
Statement now includes safety protocols and plans, sustainability, and BIM experience.
Codes and Standards | Oct 19, 2020
NEXT Coalition chooses five pilot projects to fight COVID-19 on jobsites
Mobile platforms, wearable sensors, AI video systems among the trial solutions.
Codes and Standards | Oct 15, 2020
Neighborhoods Now offers cost-effective, DIY designs in response to COVID-19 pandemic
Designs include barriers for outdoor dining, sidewalk retail displays, and modular seating for public spaces.
Codes and Standards | Oct 14, 2020
Standard contract document for prefab and modular building released
ConsensusDocs addresses the most common prefabricated construction use-case scenario.
Codes and Standards | Oct 13, 2020
Austin is first major Texas city to adopt wildfire code
New ordinance based on the International Wildland-Urban Interface Code.
Codes and Standards | Oct 12, 2020
Guidance offered for K-12 schools to support students with asthma
Green purchasing policies for cleaning, filters, furniture and other products encouraged.