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Developers and commission discuss commercial‑only rezoning for Sh78 ‘Mounds of Wylie’ site; no vote taken
Summary
In a working session, developers and commissioners discussed converting the previously approved mixed‑use PD on the east side of State Highway 78 to a commercial‑only planned development that would remove multifamily entitlements, speed approvals for commercial tenants and prioritize higher‑quality retail and office uses.
A working session at the Oct. 7 Wylie Planning and Zoning Commission meeting brought developers, the city and community members together to discuss rezoning an undeveloped tract on the east side of State Highway 78 — informally referred to during the meeting as the "Mounds of Wylie." No vote was taken; the session was advisory.
James Delon, representing Crestline (an investment manager out of Fort Worth), said Crestline foreclosed on the asset after the prior developer defaulted on a loan. Delon and other representatives explained the site currently carries entitlements that include 144 multifamily units and roughly 36,258 square feet of retail and office space with 11 pad sites under a prior PD approved in 2019. Crestline said an earlier…
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