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Lewisville council unanimously approves Suntex subleases for Eagle Point Marina redevelopment
Summary
The Lewisville City Council voted unanimously Jan. 30 to approve sublease agreements allowing Suntex Marinas to redevelop Eagle Point Marina on Lewisville Lake; Suntex told the council it plans a phased project costing about $70 million and said work would proceed to the limits allowed by the U.S. Army Corps of Engineers.
Lewisville — The Lewisville City Council on Jan. 30 approved sublease agreements with Suntex Marinas that clear the way for a multi‑phase redevelopment of Eagle Point Marina on Lewisville Lake. The motion, made by a councilmember and seconded by Scott Stephenson of Suntex Marinas, passed unanimously; the council also authorized the city manager or her designee to execute the agreements.
Scott Stephenson, investment manager for Suntex Marinas, told the council the company is "set to close" with the current concessionaire in the next few days and recommended approval after a short presentation on the project. "We plan to spend $70,000,000 here, in developing this over the years," Stephenson said, describing a phased plan that would replace in‑cove docks with new in‑water facilities and move marina operations onto the water so the uplands can be redeveloped for a lodge, cabins and restaurants following the Lake Park master plan.
Stephenson said Suntex intends to avoid displacing the marina's roughly 700 customers during…
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