Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Development Agreements topic
No spam. Unsubscribe anytime.
Council approves Oak Ridge development agreement; Tri Pointe Homes to lead large West‑side project
Summary
Council approved a development agreement to annex the Oak Ridge project (about 808 acres) into Anna, authorizing a multi‑phase, mixed‑use master plan with over 3,000 single‑family lots, public infrastructure commitments and a 5% cap on institutional investor sales.
The Anna City Council on May 27 approved a development agreement with Old Prospect Partners (OPP) that authorizes annexation of the Oak Ridge master‑planned development and sets terms for infrastructure, amenities and certain sales restrictions.
City staff described the project as an approximately 808‑acre master planned, mixed‑use development on the city’s west side, along FM 455, northwest of the Crystal Park subdivision. Under the agreement, the developer will construct public infrastructure—streets, lighting, drainage, parks, trails and water and sewer improvements—and dedicate land for future municipal uses and a school site. The developer committed to completing the first amenity center by the time 250 single‑family permits are issued; two amenity centers and parkland are included in the agreement.
City staff estimated the project could produce more than 3,000 single‑family units and generate roughly $10.2 million in PID fees under city policy. The developer and staff said the project will be annexed into the city within 90 days of agreement adoption and will be constructed in phases with city approvals for each phase.
Tri Pointe Homes (Tri Pointe / Tricoid Homes in transcript) vice president Bruce French, who said Tri Pointe has the property under contract, told council the company builds at scale across Dallas–Fort Worth and plans to bring one or two other builders to the project to provide complementary products. French said market analysis guided the decision not to include a multifamily component and projected average sales prices in the “upper $500,000s to $850,000” range for product in the community.
Several nearby residents urged council to require development to conform to the city’s 2050 comprehensive land‑use plan, to preserve trees and to slow the pace of change. Betty Sharp and Terrell Culbertson, among others, asked council to impose conditions that would retain larger lot patterns shown in the comprehensive plan and to ensure the project’s design does not replicate developments the speakers considered lower‑quality.
Council members praised the project’s trail and park plans and asked the developer to preserve trees and consider traffic‑calming measures at the FM 455 intersection; Mayor and councilmembers noted the project’s potential to attract higher‑end homebuyers to Anna. The developer agreed to continue discussions with the school district about a site location.
Councilmember moved and the council approved the resolution to accept the development agreement and proceed with annexation; the motion passed unanimously.
