BAY CITY, Texas (Friday, Feb. 3, 2023) – Lynn Development invites the public to a groundbreaking ceremony for Valor Park, a new first-class residential development located on Carey Smith Blvd. in Bay City.
The 54.5-acre tract will feature more than 200 single-family homesites and amenities.
The event, taking place on Friday, February 10, 2023, at 11:00 a.m. at Valor Park (2624 Carey Smith Blvd., Bay City), will officially kick off Phase 1 of the development. The public is invited to attend and see the future site of the new homes, as well as meet the first featured builder of the project.
A major announcement from the developer is also expected at the event.
Valor Park has the potential to significantly increase the City of Bay City’s tax base and that of the Bay City Independent School District (BCISD). The development is expected to generate over $4 million per year in new revenue for the BCISD once completed.
“We are delighted that BCISD bought into our vision to bring this project to life,” said Stuart A. Lynn, P.E., Founder and CEO of Lynn Development. “Our company believes in this project and the local school system, and we are demonstrating that belief with a substantial up-front investment without the need for issuing bonds or funding the project through proposed tax increases on existing residents.”
Lot sizes in the subdivision will range from 50’ to 70’, allowing for homes of various sizes to be constructed throughout the neighborhood. The developer plans to feature a lead builder and grant additional builders access to offer a diversity of floor plans and price points for residents. Lynn Engineering worked closely with the City of Bay City Public Works and Matagorda County Drainage District 1 to become the first residential development project in the pipeline to obtain the necessary approvals to move the project forward.
“This project is excellent for our community,” said Jessica Russell, executive director of the Bay City Community Development Corporation. “Every study tells us that Bay City needs housing at this price point. I’m overjoyed to work with a local developer to bring this project to fruition.”
Local industry and its expansion have created an urgent need for quality, single-family housing in the Bay City area. Demand and purchasing power exist to support the development of housing and amenities inside city limits. Few locations are as natural an environment for business growth as Matagorda County.
“This development will help Matagorda County businesses attract and retain a talented workforce,” said D.C. Dunham, Lynn Development’s Chief Operating Officer. “It also solves a problem for the local school district regarding what to do with the property that had become a liability, while becoming a net positive for enrollment. We’re proud of this win-win-win scenario.”
The public is invited to participate in the groundbreaking ceremony to celebrate the official kick-off of Bay City’s first large-scale new homes project in several years.
ABOUT LYNN DEVELOPMENT
Partners from the ground up. Building homes is one thing, building communities is another. Lynn Development understands that a successful project is more than a great floor plan paired with an attractive elevation. It’s about access and amenities. It’s about the long-term plan and the overall vision.
We’re experts in planning and project management, design, and engineering through construction. When you work with us, you benefit from access to a robust engineering firm known across Texas for its creativity, innovation, and quality of service. Additionally, our construction arm has served the Texas Gulf Coast for more than 40 years, building quality commercial and residential projects. From start to finish, your project will be a five-star experience.
We build much more than subdivisions and shopping centers. We build lifestyles. We’re building the American Dream. Visit us online at lynn-development.com.
ABOUT LYNNGROUP
LynnGroup is a family of engineering, development, and construction companies serving the Texas Gulf Coast with offices in Bay City, Edna, Rockport, Port Lavaca, and Corpus Christi. LynnGroup also has a presence in the Dallas metropolitan area with an office in Grapevine. The four Lynn companies – Lynn Engineering, Lynn Construction, Lynn Development, and Lynn Steel Buildings – serve their communities and give back in a big way. The company’s motto is “We think BIG, to work BIG, to give BIG.” Learn more about LynnGroup and its philanthropic mission to positively impact the lives of our employees, clients and communities at lynngroup.com.
