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Developer pitches car-wash and auto uses for narrow 600 W Kennedale Parkway parcel

Kennedale Economic Development Corporation (EDC) · October 22, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Developer Daryl Pennington told the EDC the 600 West Kennedale Parkway parcel is narrow and best suited to auto uses such as a tunnel car wash and smaller retail, estimating a car-wash building value of $2–3 million and an 18-month timeline to first revenue; the board asked for updated surveys and potential setback waivers.

Developer Daryl Pennington presented the board with a development vision for 600 West Kennedale Parkway and explained why the parcel’s geometry and rights-of-way make conventional retail difficult.

Pennington said a recent right-of-way for Bowman Springs reduced the usable depth to roughly a 45‑ to 50‑foot buildable pad, limiting typical retail footprints. Citing market research and examples from area car washes, he recommended an auto-oriented approach — a tunnel car wash and complementary low‑impact office or service uses. "The 1 over on Bowen, they do between 18, on a great day, they do over 1,800 cars," he said, and estimated a car-wash building value at "between $2 and $3,000,000." He told the board that a survey update is the first necessary step.

Pennington estimated an aggressive timeline but cautioned that approvals, land planning and construction mean the site would likely not generate revenue for about 18 months. "I think within 6 months, we could have identified the franchise, got the land planning done, got approvals… and every bit of 18 months before it started to generate any revenue," he said.

Board members probed traffic, access and setback issues. Staff and the board agreed to pursue a current survey and further analysis of setbacks and potential variance or waiver needs before any sale or contract is finalized. The EDC said staff will continue negotiating rights and options with Pennington and report back with a proposed structure (sale, discounted rate, or a 380 agreement/tax incentive) for board consideration.

Next steps include ordering an updated survey, clarifying access points (entry off Bowman Springs rather than Kennedale Parkway), and returning a proposal to the board for consideration of sale terms or incentives.