Economic Development Report – November 12th

Lewisville-Clemmons Chamber of Commerce

Economic Development Report

By: Dana Lu Bryson,

Owner, Village Inn Event Center

November 12th, 2013


Economic Development (by definition):

* The planned and guided growth of business that brings new energy and affluence to the community not only in the form of new jobs and higher wages and salaries, but also in terms of better education, stronger infrastructure and a more rewarding lifestyle.


* Promoting “the Quality of Life”.


Commercial Development / New Business


Dari O has submitted an application to develop on 1.82 acres in the Village Point area between the two (2) banks adjoining Lewisville-Clemmons Road.


The Stop Light at Panera Bread and Allegacy Way is moving forward. The design has been approved locally and submitted to Raleigh for approval. Once that is done and expected easements are in place, then it will be put it out to bid.


The development of a 312 unit apartment complex by developer Chris Parr in Village Point should start grading as early as next week. It will feature a mix of one-two-and three-bedroom units ranging from 800 S.F. to 1,300 S.F. in size and $769 to $1,150 in rent per month. There is a total of 22 acres purchased by Parr in February and the total construction plus purchase price is estimated around 24.6 million. Target completion is February 2015.


There is also an unnamed retail developer pursuing a mixed-use project in Village Point also known as Clemmons Town Center and will consist of a retail shopping center, retail outparcels, and additional commercial space.


There is a Cell Tower (AT&T) application plan submitted with a location on the back side of Morgan Place Apartments – goes to board of adjustment this week for final approval.


There is a new Automotive Repair and Tire Store moving in to the former Clemmons Discount Center. The owner says he plans to make extensive changes to the exterior and add a buffer.


Roundabout at Harper Road and PeaceHaven – They are still moving utilities. The Right away issues will be complete once the AT&T utility box right away is approved. The utility poles & lines are in process of being moved. Duke Energy is putting in their new utilities, and DOT wants to start soon. Then we will see some grading.


New Assisted Living development across from Jerry Long West Forsyth YMCA called “Carrillon Assisted Living”.


Yadkin River Greenway Project – the sidewalk portion from the river to Harper Road at Tanglewood is almost finished.


At Village Point Lake – the right away around lake has been certified and is waiting on DOT design approvals before it’s put out to bid. In the next phase, we will be getting some greenway around the lake and possibly another pier next yearIf you haven’t visited the lake yet, it really is nice to bring the family out or go fishing.


Village of Clemmons Developments


Update on the exploration of an Overlay District on Lewisville-Clemmons Road between I-40 and Hwy 158.


The Village Council has assembled a committee of stakeholders facilitated by Megan Ledbetter & Gary Looper, and they have had their second meeting. They discussed what they would like to see for re-development in the affected area. There will be a total of six (6) monthly meetings with a goal of presented the results of the discussions to the Village Council in March.


Goals of the committee include:

1)      Come up with recommendations for the UDO or Unified Development Ordinance and redevelopment strategies.

2)      Come up with recommendations for the Village financial support such a façade and landscaping grants, loans, and tax incentives.

This is all part of the private/public partnership.


Residential Developments.


Shugart Realty is looking at more residential development across from Agape Church for townhomes. Shugart re-acquired this land recently.


Shugart Realty is also looking at a small subdivision down Hampton Rd. before you get to Idols.



In Clemmons –

279 Current Listings for Sale

31 Sold in September


In Lewisville –

132 Current Listings for Sale

12 Sold in September



Other Developments that are being followed and are in process:


The Town of Lewisville is purchasing land and developing a lift / pump station on Harper Road.


New round about at corner of Oaks Shopping Center that will take in Shallowford Rd., Williams Rd., and Heritage Drive


New Skilled Nursing Home development at the Harper Rd./Fair Oaks


There is a new residential development called Lauren Acres underway on Kinnamon Rd.


NCDOT discussions regarding the Western Beltway project changes.


There are discussions for WS/FC Schools to buy two parcels of land and build a middle school adjacent to Southwest Elementary School that is in a preliminary stage. They have exercised an option to buy these parcels.


Recent Developments/Openings


East Coast Wings is opened in August 2013.


Brothers Restaurant

Steak Escape

Taco Bell at 421 and Lewisville-Clemmons Rd.


Medical Office complex on Shallowford Rd. called Lewisville Family Medicine.


Dog Park at Tanglewood opened in May.


Milner’s American Southern has opened “Brothers” Restaurant in the former I Bambini building on Lewisville-Clemmons Rd just North of I-40


Clemmons Medical Center – opened in February



Business Achievements


If you have any questions or would like more details on these developments, please contact me at (336) 971-6567.