$10 million development project approved for Downtown Tyler

Updated: Apr. 12, 2017 at 2:15 PM CDT
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(Source: City of Tyler)
(Source: City of Tyler)
(Source: City of Tyler)
(Source: City of Tyler)

TYLER, TX (KLTV) - In a council meeting Wednesday, the City of Tyler approved the sale of a City-owned tract of land in downtown Tyler.

From the City of Tyler: 

Located on North Bonner Avenue across from City Hall, the Westpark at Downtown will include 96 apartment lofts and 4,800 square feet of commercial/retail space.

The site, which totals 3.75 acres, is bounded by W. Ferguson St. on the north and W. Erwin St. on the south.  The project represents a $10 million investment in downtown Tyler by the Scarborough family of Tyler, principals of Three Princes Partners and the developers of the project.

The project, designed by Mike Butler of Butler Architectural Group,  will include a .75 acre green dedicated as open space. The property was formerly the site of King Chevrolet and has been owned by the City since 2009.

"This is a very exciting and very well designed project that will add tremendously to the ongoing redevelopment of downtown Tyler," said Chris Burrow who directs the Land Advisory Group at Henry S. Miller Company, the Dallas firm representing the City on the planning and marketing of the property.

"This represents the largest single investment ever in terms of residential development in downtown Tyler," Burrow said.

"Major improvements in downtown in recent years have made this project possible.  Gallery Main Street, Liberty Hall, the new parking garage on Broadway, the success of the renovated People's Petroleum Building, and great restaurants  – all of these efforts help make Tyler attractive to residents who want to live downtown," Burrow added.

"We are now working with the City to attract a boutique hotel to another portion of the property," he stated.

The Scarborough family, originally from Henderson, have been successful in the energy and real estate industries for many years and are passionate about Tyler and are very excited about the Westpark at Downtown.

"We would like to thank the City of Tyler for working with us on this project. We believe this will be a great addition to the historic downtown district and allow Tyler's residents to enjoy all that it has to offer," stated Samuel Scarborough who will oversee the family's latest project.

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