Agreement to net Westlake $10,000 per residence

A total estimate for all the road improvements is not ready, but Town Manager Tom Brymer said the Solana Boulevard extension is expected to cost $1.1 million.

The Town Council approved the agreement after a closed session at its Oct. 28 meeting.

The developers also must maintain irrigation, landscaping, sidewalks and trails, water features, public art, streets and drainage. The town will maintain public water, sewer and telecommunications infrastructure.

Westlake will waive parkland dedication fees for the 10-acre lake, 12-foot perimeter trails and open spaces.

Brymer said the developers estimate their investment in streets, water/sewer, a telecom duct bank, the lake, plazas, open space and trails at $25–$30 million.

The town has agreed to consider a PID, or Public Improvement District to help pay for the development. Under a PID, property owners at Entrada would pay an amount assessed by the city that would be used to reimburse the developer for public infrastructure.

Entrada has been retooled since it originally was presented to the council.

Apartments, which some residents opposed, have been dropped.

Besides residential villas, the development near Solana Business Park is to include several hotels, a large amphitheater, two chapels, a cathedral, retail stores, restaurants and possibly an independent living center.

The current plan also includes lake with stores on one shore creating a "retail harbor" and vineyards used as landscaping along Hwy. 114.

The project received zoning and preliminary plat approvals from the Town Council when the revamped plan was presented.

Blackard, of McKinney, showed the council basic renderings of the development, along with slides of villages in Spain reflecting the architecture he plans to replicate.

The concept is similar to Blackard's Adriatica in McKinney, a mixed-use development that replicates parts of a Croatian village. His aim is to create a community feel by mixing homes with retail in a pedestrian-oriented village environment.

Blackard is partnering with Moayedi, a Carrollton developer and property owner, on Entrada.

The two men, together and separately, have developed North Texas subdivisions involving thousands of homes over the years, according to their business websites.