This is an excellent development opportunity due to its location on a hard corner with convenient direct access to two intersections on I-35, and the Corinth Downtown district is less than 1 mile. The subject is located just .5 miles from the newly announced "Parkway At the District" a new 20 acre mixed use site for hotel and entertainment at the corner of I-35 and S Corinth St (to be Corinth Parkway.)
The location has optimal access to I-35 from two directions. It is approximately 1/2 mile from I-35 in both directions from the site providing easy access with minimal intersection traffic. One of the I-35 intersections is multi-directional and the other leads one way to the south bound service road.
The subject property is situated in the heart of Corinth on the west side of I-35 and will be significant in the build out of the city's downtown area. Meadow Oaks Park is caddy corner across the street from this location, and residential dwellings of single and multi family surround the location.
The underground utilities were originally constructed for apartments. Then later approved for townhomes with approximately 56 townhome sites platted. The project stalled and was never completed. Some flatwork exists but the original installed utilities are not suitable for townhomes. This property may have a variety of development uses. Located right in the heart of Corinth, TX and convenient to DFW, this property offers great potential.
