August 28, 2021
The city council has approved a neighborhood improvement district (NID) for the Paragon Star sports complex and mixed-use village project.
In an update to the council at their Aug. 24 session, developers shared the current construction schedule and showed aerial footage of the work that is already being done. In the past year, construction of roads and parking lots has begun and site work for the sports complex is underway.
The sports complex, including ten soccer fields and concession stands, is expected to be completed in time for a September 2022 grand opening. The mixed-use village – including office space, retail, multifamily residential and hotels – will be completed in phases through 2023.
The NID is a special taxing district, allowing additional revenues to be generated to help fund infrastructure projects related to the project. The Paragon Star NID will encompass a portion of the village and will help fund two bridges, improvements to View High Drive, the construction of View High Parkway and River Road, stormwater infrastructure, sanitary and water lines, and seven total miles of electrical and telecom conduit.
The council voted unanimously in favor of the NID’s creation, with Councilmember Andrew Felker recusing himself from the vote. All councilmembers were present.