Lakewood - April 2017

Biz Buzz

2017-03-22 03:37:48

WHAT’S UP WITH NEIGHBORHOOD BUSINESSES DEVELOPMENT The one-story Teter’s Faucet Part building, serving Lakewood since 1947, could be replaced with a six-story retail and 140-apartment complex (top). Southern Land Company sought public input about the proposed project on Oram Street from neighbors last month. The land is currently zoned for a five-story mixed-use project, but developers hope to increase density higher than Planning District 281 allows. It’s estimated that the project would bring 2,682 cars per day onto the street. The Village on Northwest Highway is one of the largest North Texas apartment complexes, and it’s planning to become even bigger. Lincoln Properties Co. Filed for a $40-million project permit to add 300 more units to the development and a parking garage to the north side of the property. The 300-acre property already houses 7,000 units. Casa View shopping center is getting a facelift, with new sidewalks, overhangs, signage, lighting and parking. The Dallas City Council agreed to match a $1 million investment from property owner Waymon Levell with an economic development grant to fund the project. Gus Thomasson also is shrinking from six to four lanes near Ferguson Road. SCHOOL UPGRADES The next wave of funding for Dallas ISD bond projects received the green light from trustees, including three schools in our neighborhood. Trustees unanimously voted to approve 23 construction projects that are part of the $1.6 billion 2015 bond program. Mata Montessori, Sanger Elementary and Lakewood Elementary all are slated to receive renovations. ANNIVERSARY Monster Yogurt in Casa Linda marked its fifth year in business. The frozen yogurt shop plans to celebrate by looking for opportunities to expand the chain in the metroplex.

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