Northeast Tarrant

‘Southlake’s Bellagio’ to signal expanding downtown

When Southlake Mayor John Terrell pictures the future of Southlake, he sees people shopping, dining and walking beyond Town Square.

That vision is taking a step forward with the construction of the Park Village shopping center catty-corner at the intersection of Southlake Boulevard and Carroll Avenue.

“When you come to the corner of Carroll and 1709 it’s like you’re at the corner of Main and Main at Southlake,” Mayor John Terrell said. “That southwest corner is critical to an overall feel for our shopping and dining experience in the city.”

When Park Village opens this spring, its presence at “Main and Main” will be pronounced with a 3,600-square-foot fountain that can perform aquatic shows of water and light synched to music.

“This is Southlake’s Bellagio,” Terrell said referencing the popular fountain in Las Vegas.

The Mayor and city are counting on the fountain to be an attraction for Soutlake, something people come to see and then shop and dine. That’s why the city is providing financial contributions for the fountain, something it has done for other developments in the city as well, including the parks at Town Square and others.

The city agreed to pay the lesser of either 50-percent of the fountain’s construction costs or $516,000.

“From a city perspective, we are always looking for the highest quality and to create a sense of place,” he said. “As with Town Square, we participated in making sure our town hall and the parks were upgraded to a standard of quality that our citizens would be very proud of and is going to attract visitors.”

Park Village will feature larger retailers on its borders and restaurants and boutiques in its interior shopping space. The interior area will be designed to encourage shoppers to hang out.

Developer Stephen Coslik has called the interior the “living room,” as there will be public seating and fire places.

He said the large fountain will draw people to the development.

“At the end of the day, it’s about presenting an experience to the retail customer,” Coslik said. “Not only are they going there to shop, but they’re going there to experience the environment, the happenings, we would hope that people would just come and wander.”

The city hopes people will continue to wander not only in Park Village but in Town Square and all over its expanding downtown, including the Kimball Oaks shopping center at Kimball Avenue and 1709.

“This really is a shopping opportunity that is unlike any in the DFW area,” Shannon Hamons, Southlake Economic Development and Tourism Director said. “I can go and spend a day, or two days, in this couple-square-mile geographic area and really get anything that I need, including groceries.”