Local News Only.com
"Only Local News All the Time"

News

 

 

Colleyville Main Street Officially Opens with Ribbon Cutting

Dateline: September 27, 2001 12:45 PM


RIBBON CUTTING FOR MAIN STREET

click on photos to enlarge

The ribbon cutting officially opening Main Street, into the Villages of Colleyville, was held this morning.

An estimated crowd of 50 showed up to witness the event. Main Street will be the major entrance into the Villages of Colleyville project and a stone bridge has been constructed.

 

There has been some speculation that the success of the Southlake Town Center may be problematic for the Villages, since some tenants were rumored to originally be considering the Villages. Richard Myers, the developer of the Villages, stated that the success of the Southlake center actually bodes well for his efforts.
He said, if the Southlake project was not having success, there would be a concern. Myers indicated that he is still seeking a different tenant mix and the Southlake center has absorbed some "big box" type retailers, and the Villages were not seeking those type tenants.
(left to right) Mike Soab, City Economic Dir., Richard Myers, Developer Villages, Barry LeBaron, City of Colleyville, Jo Ann Gasper, Candidate City Council Place 4
Regarding the relationship with the City of Colleyville, Mr. Myers confirmed that he had received some reimbursement for limited infrastructure, such as expanding drainage pipes, but not other funds. Myers said no TIF Funds would be received until the project began to generate property taxes.

On the matter of the medians, Mr. Myers was asked why the necessity to put the medians in at this time. Myers indicated that the medians were part of an overall improvement and that he understood that TexDot recommended the median because of the many driveways that currently access Hwy. 26. Myers confirmed the cost of the medians was actually $70,000 not $700,000 as reported in the Fort Worth Star-Telegram editorial. Myers pointed out that he owns the shopping center immediate to the East of the median and he has received complaints from his own tenants in that area.

Myers further noted that he would have preferred not to put the medians in at this time. He indicated that if he felt the medians could have waited for another two years, he would gladly not spent the funds for construction now.


(Left to Right) Mayor Donna Arp, Council Members Joe Hocutt, Brad Rice John Orrell, behind Councilman Orrell is Ginny Tigue

 Myers also indicated that Main Street and Hwy 26 will be a 4 lane intersection in the future. He said that Main Street will connect to Thompson Terrace providing access from Glade Road. He also stated that part of Pleasant Run, being constructed by TexDot, was now under construction. He concluded the completion of this area will provide better traffic flow

AVE COMMENTS ABOUT THIS OR OTHER STORIES?
SEND AN EMAIL TO THE EDITORS
Comments will be posted on Editor Emails unless otherwise requested.