Written by Phil Cerroni
To further plans for the development of Irving’s Heritage Crossing, City Council authorized the sale of 20.64 acres of land primarily along Delaware Creek, just north and south of Sixth Street. This allows private investors to bid on the properties in south Irving’s historic Heritage Crossing district. To be considered, bidders will be required to submit a bid along with a design/development plan for the properties that aligns with the vision for Heritage Crossing.
“We’re looking to bring high-quality residential developments consistent with the character and the vision of the region to Heritage Crossing,” said City of Irving Redevelopment and TIF Administrator Kevin Kass. “We know there are a number of investors interested in purchasing the properties to bring such development to Heritage Crossing.”
Bidders also will be required to demonstrate their ability to deliver the projects in a timely fashion and will be required to provide performance assurances to the city in the form of a bond, letter of credit or other acceptable performance assurance.
Upon receipt of all bids, submissions will be presented to the Irving City Council for consideration with the understanding that the City of Irving is under no obligation to accept any bid. The city will retain the right for final approval of the plans, specifications and use of the property.
Heritage Crossing is the 640-acre area bound by West Pioneer Drive, Britain Road, Shady Grove Road and MacArthur Boulevard.
Source: City of Irving