The community is taking a major step toward the development of its Urban Center. The project is called “Water Street.” The city has invested $4 million to create that promenade around the lake. “We’re going to have a reason for people to come down to it and take advantage of it”, says Irving Mayor Beth Van Duyne. It” is a 125-million dollar
private development by Gables Residential, a national company with 38,000 apartments and 400-thousand square feet of retail space, according to its website. With zoning newly approved by the city, the company hopes to build a hotel, residences, shops, and restaurants around Lake Carolyn. According to Irving’s mayor, it would be a water attraction unique for North Texas.