Trader Joe's, condominium plans target city Downtown District
A major grocer is coming to Southlake Town Square and the idea of condominiums for lease is getting residents' attention, as the city's central development continues to unfold.
The announcement that Trader Joe's will build a location at Central Avenue and Southlake Boulevard was met with enthusiasm when it hit the web. But the latest residential plans were not so popular. In fact, one resident group started a Facebook site called "Southlake Stop Apartments Now."
The plan calls, in part, for a condominium building with 40 units that would be offered for sale, lease to purchase or simply lease for $3,000 to $5,000 a month.
Developer Frank Bliss of Cooper & Stebbins physically cringes when he hears the word "apartments," but many of the residents at a recent public hearing before the City Council recited a mantra: "If it looks like a duck and quacks like a duck it probably is a duck."












