Billion-dollar lagoon project boon for Rowlett tax base

A huge development project is promising to change Rowlett's economic future. News 8's David Goins has more.

ROWLETT -- Its still years away from completion, but neighbors in Rowlett are already noticing the changes that will become "Bayside."

It’s the beginning of an ambitious, $1-billion mixed-use project on the edge of Lake Ray Hubbard that will include a marina, hotels, shops, and restaurants.

The signature element is an eight-acre blue lagoon -- the equivalent of 10 football fields worth of water.

"It's absolutely fantastic,” said Rowlett City Manager Brian Funderburk.

Funderburk says it’s a project three years in the making, and once complete, it will increase the tax base by one-third.

"We're going to have an entertainment venue that Rowlett has never had," Funderburk said.

Heavy machinery was already in motion on the former Elgin B. Robertson Park on Thursday, preparing a part of the 257-acre property for the project.

The park used to be owned by the City of Dallas, but was transferred to Rowlett in an arrangement that included a $32-million purchase of the land by developer Kent Donahue.

The project will be called Bayside, and will include over 1 million square feet of office, retail, restaurant, and entertainment space.

Copyright 2016 WFAA


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