CC MEETING: November 3, 2026
DATE: October 15, 2026
TO: Erin Rinehart, City Manager
FROM: Ravi Shah, Executive Director of Development
Shannon Hicks, Assistant City Manager
Meredith Ladd, City Attorney
Title
Consider A Resolution Of The City Council Of The City Of Carrollton, Texas, Consenting To The Creation Of A Municipal Management District To Be Known As The District 35E Municipal Management District; And Establishing An Effective Date.
Body
BACKGROUND:
On May 26, 2020, the City Council authorized the purchase of approximately 121 acres at the southwest corner of the President George Bush Turnpike and IH35E in an asis condition. The City acquired this property in late November 2020.
The City Council’s vision for the site was to create and establish a sustainable, vibrant destination that benefits both the City and the surrounding area, with the intention of promoting highquality development and enhancing the value of the property through wellcoordinated landuse planning. This includes, but is not limited to, the potential for a oneofakind entertainment venue, an upscale fullservice hotel, an event/conference center, retail uses, and highdensity residential development.
After a preliminary engineering study of the site was conducted, a Request for Qualifications (RFQ) was published on February 4, 2025. In August 2025, a Request for Proposals (RFP) was issued, and the City selected AlpineX as the final respondent.
AlpineX has communicated its commitment to partnering with the City to implement innovative and strategic solutions that enhance the quality and value of the development. To maximize benefits for the City, the community, and the District, AlpineX has determined that establishing a Special Purpose District (SPD) is essential. SPDs in Texas serve as strategic financing and development tools that benefit both municipalities and private partners. A SPD is a local governmental unit created to enable essential infrastructure—such as water, sewer...
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