Tuesday, October 27, 2009
Major agreement approved for downtown Bryan
The City of Bryan entered a pre-development agreement Tuesday with Stonehenge Companies LLC to develop the north end of Downtown Bryan. The development is planned for mixed-use development, including residential lofts.
The Houston-based company has developed portions of downtown Houston and Waco.
“We’re excited to continue the dynamic business boom we’ve started in downtown,” said Deputy City Manager Joey Dunn. “We think Stonehenge is going to be the group that takes us to the next level.”
Stonehenge developers submitted a proposal stating their wish to tie the new development into existing downtown infrastructure.
“Downtown Bryan offers an array of shops and eating establishments. Our goal is to increase this by focusing on the family,” the proposal states. “We believe the key element to a successful downtown revitalization is to attract people to the area on a regular basis. This is typically accomplished by creating loft or student housing, retail focused on a local unique flair and an urban park setting as a central meeting area.”
Further evidence of the thriving downtown activity includes the following:
* The City recently contracted with Denver-based Magnolia Hotels to take over management of the LaSalle Hotel.
* The third annual Texas Reds Festival, held downtown in June, experienced a record-setting turnout.
* Texas A&M University’s Forsyth Gallery recently relocated to the Wimberly building downtown, where it will be housed for at least the next three years.
* Astin Redevelopment recently acquired The Queen Theater and is planning to renovate the building.
Additional Contact Information
Deputy City Manager
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