New Economic And Community Development Project Project To Bring New Restaurants, Office Space And Trail To Cedar Park Town Center

Press release from the City of Cedar Park:

April 23, 2021

A new Economic and Community Development project is bringing more destination development to the popular Cedar Park Town Center. Cedar Park City Council voted for the project at its April 22, 2021 Regular Scheduled Meeting.

The 5.2 acre tract being developed is located at the southwest corner of Discovery Boulevard and Main Street adjacent to the Cedar Park Recreation Center and near Cedar Park’s major economic corridor, Whitestone Boulevard (RM 1431)

The purpose of this project is two-fold: economic and community development. CP North Shore, LLC agrees to purchase and develop the tract from the City’s Community Development (Type 4B) Corporation and build two new restaurants (5,500-6,500 sf each), purchase and donate one sculpture for permanent installation in a future sculpture garden (up to $15,000) and construct a minimum of 41,000 square foot office building. This project will total 52,000-61,000 square feet of new taxable development. The City of Cedar Park, in turn, agrees to create a trailhead, dedicate, operate and maintain a future sculpture garden, install an underground storm water drainage pipe from Main Street to a water quality pond in Town Center and create reciprocal access to shared parking.

The developer behind the project is Doug Denman with CP North Shore, LLC. Denman is best known as the developer and owner of Springhill Suites located in Cedar Park Town Center. He is also a member of the Cedar Park Chamber of Commerce Board of Directors.

The development will occur in three phases. Phase one will be completed in June 2024 and the final phase will be finished in 2026.

This press release was produced by the City of Cedar Park. The views expressed are the author's own.