In a nutshell
Lewisville City Council approved Transwestern Development Company’s zone change request for a planned business park development Nov. 6.
Valley Parkway Business Park will be generally located along the north and south sides of Spinks Road, west of South Valley Parkway and east of Duncan Lane. It will have 10 office and warehouse buildings ranging from 150,000 square feet to 442,000 square feet, according to project details.
“We’re looking to keep [Lewisville-based] companies here,” said Denton Walker, the project’s applicant. “We’re looking to recruit national corporations to the city of Lewisville. This is a high-end business park.”
Explained
The business park will be located in the city’s largest remaining greenfield, according to the agenda item.
Council adopted the Southwest Lewisville Small Area Plan in 2018. The plan outlines two possible uses for the undeveloped area: either a cluster-style, single-family residential development or a business park.
“Staff has looked extensively at the two different options,” Lewisville Planning Director Richard Luedke said. “Any neighborhood that would be established there would have to go through an industrial area. A business park is probably the best use given the surrounding environment and the feel of this area.”
What to expect
The Southwest Lewisville Small Area Plan recommends retaining natural open space. Valley Parkway Business Park’s site plans include preserving 20% of the existing open space and 15% of the existing tree canopy.
It is also anticipated to have public use trails that connect to the Creekside Mobile Home Park to the southeast, the LISD property to the north and future Grapevine trails to the south.
“The 20% open space is a huge deal, we think that maintains the quality of the business park,” Walker said. “This is the nicest business park you'll ever see.”
