What you need to know
The development project involves both residential and commercial components, as previously reported by Community Impact, with retail and multifamily closer to the street. The developer of the future project is Magnolia Paragon, LLC, according to the agenda.
The annexation of the land allows the city to receive taxes and obligates the city to provide services like water and wastewater connections, City Attorney Leonard Schneider said.
At the meeting, residents spoke out against mass developments coming into the city with concerns of losing the city’s small-town charm.
How we got here
In August 2023, the City Council came to a development agreement with Red Hill Ventures for this development, according to prior reporting.
At the time, the center was expected to have a mid-size grocery store or fitness center as its anchor, with green space and walking trails.
