DTX-FHA: Impact 11/11/2025

Two mixed-use projects, Silveron Park and Lakeside East, are set to build out in southern Flower Mound, adding more mixed-use living options in town. Council approved Lakeside East on Oct. 6, after other Silveron Park projects got greenlit in August and September.

The gist: At build-out, Lakeside East is expected to have 132 townhomes, while Silveron Park will have up to 200 apartments. Further development in the area includes a full-service hotel, an office building and commercial spaces.

The impact: The Class-A office space within Silveron Park is expected to be “highly desirable” because of its proximity to restaurants and residences, Director of Economic Development Ray Watson said.

“It is important because that keeps the money here in Flower Mound,” Watson said. “When somebody leaves to go to lunch, they're not going outside of Flower Mound.”

Going forward: Future development in Lakeside Village and Lakeside west of FM 2499 includes another residential tower and Marriott Autograph Collection hotel, Archie said.

Ambition Dance Productions plans to add a second location next year, co-owner and Executive Director Wendy Jenkins said. 

What they offer: The dance studio teaches class for students starting at 2 years old and continuing to adults, Jenkins said. Classes are offered for several dance styles, including ballet, tap, lyrical, jazz and contemporary.

What they're saying: “We believe in the power of dance to inspire confidence, creativity, and connection,” Jenkins said in an email. “Through expert instruction and a kind, and supportive environment we empower every dancer to grow with purpose, perform with heart, and thrive as both artists and individuals.”

One more thing: The dance studio is expected to open next January.

• 2800 Village Parkway, Ste. 710, Highland Village

A coworking area, Success Space, has closed in Flower Mound, co-owner Tisha White said. 

The overview: The business was operated by Tisha White and her husband, Brian. Success Space offered membership-based services, including rentals for private office space, a multimedia studio and conference rooms.

In their words: “We’re incredibly grateful for the time we had serving the Flower Mound community—from hosting local businesses and nonprofit events to supporting entrepreneurs through coaching and coworking,” Tisha White said in an email.

• 6050 Long Prairie Road, Ste. 100, Flower Mound

Gov. Greg Abbott announced his bid for a fourth gubernatorial term Nov. 9, laying out an ambitious six-pronged plan to make “out-of-control property taxes finished in Texas.”

The details: Abbott's goals include eliminating property taxes charged by public school districts, which make up the majority of an average homeowner’s property tax bill. Some conservative groups and lawmakers pushed for an end to school property taxes during recent state legislative sessions.

The governor’s plan to limit local tax increases includes:

• Limiting annual local government spending
• Requiring approval from two-thirds of local voters for all tax hikes
• Allowing local residents to petition for an election to roll back tax rates
• Requiring property appraisals to occur once every five years
• Capping appraisal increases at 3% per year, down from 10% today
• Asking voters to eliminate school property taxes