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Reading: Keller City Council Approves 38-Acre Mixed-Use Development
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DALTX Real Estate > Keller City Council > Keller City Council Approves 38-Acre Mixed-Use Development
Keller City Council

Keller City Council Approves 38-Acre Mixed-Use Development

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32342
The Keller City Council approved the concept plan of the brand-new Center Stage development near US 377 on Jan. 22. Courtesy photo/Realty Capital, LLC

The Keller City Council approved a 38-acre mixed-use development along US Highway 377 and Mount Gilead road during Wednesday’s council meeting. The “Center Stage” planned development would include 57 single-family residential lots, 475 urban residential lofts and 59,500 square feet of retail shops, restaurants, and office spaces.

The development will also have 5.7 acres of open space. This outdoor space would have a community lawn and performance area, a trailhead, landscape buffers, six outdoor plazas and a bosque — made of a small pond, shaded by a 30-foot tree canopy with 20 trees per acre.

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Realty Capital’s concept plan of the new Center Stage development includes single-family residential lots, urban residential lofts and commercial space.
Courtesy photo/Realty Capital, LLC

“The intent of this project is to enhance the US 377 corridor with a project that includes a mixture of uses in an urban format, employing pedestrian-oriented streets to connect living, working and entertainment uses within a walkable, tree-shaded environment,” developers Realty Capital, LLC, wrote in its cover letter for the project.

The stand-alone urban lofts will be located on the northern two-thirds of the property, while the single-family residential homes will be placed in the lower one-third of the property.

Commercial and retail facilities will be located throughout the development. The plans for the approximate 5.2 acres of development include indoor and outdoor entertainment venues; bars and, pubs and taverns; grocery stores; minor medical emergency clinics; restaurants; and spas.

The development will also have three different types of streetscape for the different types of facilities. The primary streetscape, along Main Street, will include a 30-foot buffer that has a 12-foot sidewalk and trees. The entire edge of the development will be surrounded by parking spaces, which are lined with trees.

Due to the shared nature of the development region — which allows patrons of commercial facilities to park in places during the day, while residents have taken their vehicles for work or school — parking will be limited.

The project’s completion date has not yet been determined.

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TAGGED:Center StageCommercial Real EstateKellermid-citiesNorth Texas Real EstateRealty Capital
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