Rowlett Aims to Get ‘back on Track' With Bayside Property After Reaching Deal With Developer

After years of back and forth with developers, the city of Rowlett has announced a deal to acquire the contentious southern Bayside property along Lake Ray Hubbard so another company can develop it.Officials announced Friday that the city had reached an agreement with Bayside Land Partners to acquire 119 acres for $37 million using funds from a new developer. The city has enlisted a new developer but did not reveal who it was.“Our goal, first and foremost, has been to facilitate development of the land in a manner that optimizes its value to the citizens of Rowlett,” Mayor Tammy Dana-Bashian said in a statement on the city’s website. “This agreement gets us back on track toward this goal.”City Manager Brian Funderburk said the city will acquire only the southern portion of the original 262-acre project, citing officials' satisfaction with the mostly residential development on the north side of Interstate 30. The agreement also allows the city to acquire the license for a crystal lagoon, as well as the marina and 1,005 boat slips. Officials said negotiations will continue over the next four months to hammer out the details.  Continue reading...

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