Lakeside office gets city approval, incentives

​​​​​​FLOWER MOUND – The city has approved construction of the first major office building in the Lakeside business district on Grapevine Lake.

Realty Capital Management’s ten-acre Lakeside Center project includes two- and four-story office buildings near FM 2499 and Northwood Dr. 

The 138,500-sf project will be the city’s largest new office development.

The city made an economic incentive agreement with the developers that will allow them to finance the project without preleasing.