Source: Hermansen Land Development, Inc.
Three years ago, the city held a series of meetings to gather stakeholders' inputs on the aims of redevelopment of the West Spring Valley Corridor, which includes the land in question here. What rated highest with the stakeholders were the pretty pictures of sidewalk cafes and strolling shoppers. The city had other ideas. It purchased the old Continental Inn, demolished it, and is now (presumably) in the process of acquiring the other parcels of land on the block. Once all the land is in hand, Richardson will likely sell its stake to Hermansen Land Development, Inc., for construction of, not sidewalk cafes with strolling shoppers, but a 1980s-style restaurant row.
After the jump, why that unimaginative development may be one step closer.
The agenda for Monday's city council meeting contains this item:
The item will be discussed in secret, and because Richardson's "code of ethics" makes it a violation for council members to talk to the public about the public's business when the business is conducted in executive session, there's no way for the public to know for sure what's going on. But "The Wheel's" betting line says there's a fair chance they will be talking about property acquisition to get that 1980s-style restaurant row one step closer to reality.In compliance with Section 551.072 of the Texas Government Code, Council will convene into a closed session to discuss the following:
- Deliberation Regarding Real Property
- Property Considerations in the Floyd Rd./U.S. 75 Area
Source: City of Richardson.