Southlake City Council on Sept. 15 declined to give Southlake Town Square’s first condominium project, The Parkview Residences, an extension of a specific-use permit issued in November 2013.
Parkview is a planned development of 36 two- ,three- and four-bedroom condominiums.
A representative from the Marquis Group, developers of the project, said the condos will average 2,100 square feet and sell for an average of $1 million each.
Parkview developers went before the council to ask for the permit expiration date to be extended from Nov. 19 to March 31, 2016. Developers were also asking for the permit to be adjusted to increase the maximum building height from 52 feet to
59 feet to allow for an increase in ceiling height of the building’s lobby as well as residential units.
City Council denied the permit changes by a 4-2 vote, with several council members saying they did not care for the high-density product or its location.
Council Member Randy Williamson, who supported the project along with Council Member Brandon Bledsoe, pointed out the council’s task at the meeting was not to approve or disapprove of the project, but to vote on whether the permit could be extended and the ceiling height increased.
The original permit requires developers sell 50 percent of the residences prior to breaking ground, which must happen before the permit expires. The developer told council members they began selling the condos in June, and 35 percent of the condos are sold.
Frank Bliss, president of Cooper & Stebbins, the developer of Southlake Town Square, said he has already refiled the application, and it will come before the council again in October.
He said if approved the new permit would extend the expiration date to April 30.
“I’m sure we will probably be 50 percent sold by Nov. 19—that’s not a concern,” Bliss said. “We need the additional time to finish design plans for the additional height of the ceilings that we want to do.”
For more information on Parkview, call 817-345-6578, or visit
www.ownsouthlake.com.