Dallas Morning News
Wendy Hundley // October 23, 2009
The A-train commuter railway is more than a year away from rolling into Lewisville, but plans are already in the works for the city's first transit-oriented development.
Hebron 121 Station will be part of a 427-acre city reinvestment zone on the northeast corner of Interstate 35E and the State Highway 121 bypass. The developer is describing it as the largest transit-oriented development in Texas. Huffines Communities Inc. is the primary developer of the project.
"Most [transit-oriented developments] are in more urbanized areas and are on smaller properties," said Elizabeth Trosper, economic development specialist for Lewisville. The city will pay for infrastructure improvements on the vacant land through a 30-year tax-increment financing plan.
"We don't know of any other projects of this size and scope," said Phillip Huffines, co-owner of the Dallas company that is also developing a mixed-use community in Arlington.
Hebron 121 Station is expected to break ground next spring on a 90-acre tract that will eventually include more than 1,700 apartments and 20,000 square feet of commercial space. Huffines said the project will take five to eight years to complete.
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