A new residential offering will come to Flower Mound in 2024, as the Oakbridge Crossing development cleared another hurdle at the Flower Mound Town Council meeting April 17.
Council approved an agreement with Toll Southwest LLC for parkland dedication and construction of park improvements and for construction of Aberdeen Drive with associated utility improvements for the Oakbridge Crossing residential development for $1.3 million and approved authorization for the mayor to execute the same on behalf of the town.
Toll Southwest LLC is developing the 76-acre, 127-lot Oakbridge Crossing residential subdivision. As part of the overall Oakbridge Crossing development, Toll Southwest’s plans include, according to council agenda information:
- Dedication of a 2-acre public park to the town
- Construction of park improvements
- Construction of roadway and utility improvements on Aberdeen Drive to provide a four-lane divided road section from FM 2499 to Spinks Road.
These improvements are listed on the town’s master plan documents, and the developer is entitled to reimbursement for its costs that exceed its impact fee requirements, the agenda stated. This agreement allows for Flower Mound to reimburse Toll Southwest for the town’s share of the costs associated with these infrastructure improvements.
Construction began in mid-March on the Oakbridge Crossing residential development, said Bob Pegg, assistant director of engineering for the town. The preliminary plat on the project was approved last year, and the record plats were approved in February.
“The development agreement had some information on park dedication and the road, Aberdeen Drive, and a waterline,” Pegg said.
Pegg said the single-family housing project, which is being constructed in three phases, is slated to be completed in May 2024. Lots will be 15,000 square feet each.
The first two phases lie to the north of the site, or the north side of Aberdeen, and those two phases are called Oakbridge.
“This is pretty much a continuation of that development,” he said.
The park will resemble a flat, grassy field, but at some point, the town will put amenities in the park, with the town park board deciding what features, such as playgrounds and benches, it will have, Pegg said.
“It will be a town project,” he said.
For the road portion, Aberdeen is a two-lane road, and the two additional lanes are immediately adjacent to them. The lanes will go in with the development in a master-plan road project, Pegg said.
“This development agreement will reimburse them to put them in as part of their plan,” Pegg said. “They need the lanes to get access to their site. We've also got a waterline that needs to go in because the paving will be over it, so we’re going to put the waterline in at the same time. It’s also part of the master-plan project.”
Developers will implement utilities, except the waterline, Pegg said, which will be a 12-inch line.
“We’re putting it in now so we don’t have to mess with the road later,” he said.
