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Council approves rezoning for 61.7‑acre "Bella Prosper" mixed‑use development with conditions

Prosper Town Council · June 9, 2026
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Summary

Prosper Town Council approved rezoning of roughly 61.7 acres to a planned development for the "Bella Prosper" mixed‑use project, attaching multiple development‑standard changes and a required development agreement. The project team projected a $240 million investment and a 25‑year net fiscal benefit of about $88.3 million.

The Prosper Town Council voted unanimously to rezone approximately 61.7 acres in the Tollway District for a mixed‑use project called Bella Prosper, approving the change subject to a development agreement and a set of specific edits to the draft development standards.

Alexa Knight, representing the applicant, walked the council through the project plan, describing a horizontal mixed‑use district with about 146,000 square feet of retail, roughly 106,000 square feet of office, 86 townhomes, a 139‑key waterfront hotel, a parking structure and a childcare site. The applicant’s materials projected about $240,000,000 in total private investment, some 1,500 permanent jobs, roughly $58,000,000 in annual taxable sales and a 25‑year net fiscal benefit to the town of about $88,300,000. “Bella Prosper blends retail, dining, office, hospitality and carefully integrated residential uses around activated public spaces,” Knight said during the presentation.

Council discussion focused on tightening development standards and sequencing. One council member moved approval with multiple edits — including limiting the neighborhood subdistrict to a maximum of 86 townhomes, increasing a minimum front‑yard setback on townhomes from 20 to 25 feet, requiring a minimum townhome size of 1,300 square feet, constraining use of certain facade materials on primary facades, and adding hotel amenity and room‑service provisions — and the motion was seconded and passed unanimously.

Paul Freeland of Kimley Horn and Brian Moore of GFF Design described revisions to the open‑space plan, emphasizing a central green heart, promenades and an activated water feature intended to connect the hotel, restaurant pavilions and public programming. Moore said the design uses a tighter building‑edge relationship to create an urban park character and pushes parking behind building fronts.

The council’s approval is subject to final right‑of‑way approvals and the town’s development agreement. The council did not receive any public testimony during the public hearing on the item; the mayor opened and closed the hearing after no speakers registered.

The next procedural step is execution of the development agreement and final engineering sign‑offs required by the motion.