On March 4, 2014, Remington Estates and neighboring residents both went before Southlake City Council. Remington Estates wanted to change a plot designation from low density to medium density. They were hoping to develop 22 new lots, as well as a new access road.
Dozens of residents showed up to the meeting to voice their concerns. These citizens marked traffic, drainage and density as major concerns with the proposed changes in the Southlake development.
They overwhelmingly mentioned that the change in density were not acceptable to what they bought into when they chose to live in this neighborhood.
The current designation of low density is a detached single-family development with a net density of one or fewer dwelling units per acre. However, by the proposed change aiming to make the area medium density, it would merely define it as any detached single-family home, with no set limitations or propositions of how many dwelling units per acre.
Residents argue that this jeopardizes the value of the lots and could threaten this established and unique community.
While these proposed changes were ultimately denied at the meeting after more than 40 residents attended to show their opposition, the developer does have the option to tweak the plan and resubmit without having to wait a year. This means that this may not be the end for development on Shady Lane.
Have questions about the Southlake real estate market or land values in the area? Feel free to contact me for further discussion! My team is experienced in the listing and buying of residential lots in and around Southlake, so we are here to help whenever you need us!
Kevin Rhodes with Keller Williams Realty Dallas/Fort Worth
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