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Council approves 'Grand Escape' plan to redevelop Lloyd Park under two‑year management agreement
Summary
The council approved a developer‑led 'Grand Escape' plan for Lloyd Park: a short‑term management agreement from May 1, 2026 through May 1, 2028 with $1,000,000 annual fixed rent to the city and a matching $1,000,000 per year in hard‑cost improvements, while the parties seek formal Army Corps approvals for longer‑term development.
The Grand Prairie City Council on Jan. 6 approved a city staff proposal to begin a phased, developer‑led redevelopment of Lloyd Park that city officials say will bring glamping, water‑based attractions and nature amenities to the southern sector of the city.
Deputy City Manager Megan Mahan told the council the city negotiated a short‑term management agreement with the developer that will run from May 1, 2026, through May 1, 2028 while staff and the developer work through a larger development and lease agreement with the U.S. Army Corps of Engineers, the landowner.
Former City Manager Tom Hart, who led the presentation for the private development team,…
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