Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Mayor: legal dispute is stalling development at Spot at Myra; city seeks to recover infrastructure costs
Summary
City officials told council the Spot at Myra site on Medical Parkway is tied up in a legal dispute between Market Space Capital and Prime (the original owner), limiting new development interest; the mayor said the city has spent roughly $2.14 million on infrastructure and will pursue recovery while pausing outreach until the dispute is resolved.
City officials told the Farmers Branch City Council on Jan. 7 that development of the Spot at Myra site (12150 Medical Parkway) is stalled by an ongoing legal dispute between Market Space Capital and the property’s original owner, Prime Real Estate (Prime). The mayor said the parties must resolve that dispute before other developers can move forward.
Perla Tavera, director of economic development, tourism and planning, summarized the site as part of Planned Development 18 and said the conceptual plan submitted included 306 units across three subdistricts and that city…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
