According to a city council agenda with the City of Irving, Fluor Enterprises Inc., a subsidiary of Fluor Corp. (NYSE: FLR), is looking to convert more than 22 acres of the company’s headquarters grounds into a residential development.
One ordinance within the agenda proffers the option of changing the future land use plan for 22.099 acres at 6700 Las Colinas Boulevard from a business district to a residential neighborhood. A second ordinance requests approval for a single-family residential development plan.
Alexander Hunt Distinctive Homes, a custom home builder based in Dallas, is the applicant for the filings, with the Fluor subsidiary being listed as the owner of the property.
The pursuit of converting at least part of acreage for the Fortune 300 engineering and construction juggernaut to another use has been floated by sources for years.
The ordinances are slated to be considered by the Irving City Council on Sept. 1. They are both recommended to be denied at this point – though they were approved by the Planning & Zoning Commission – due to the lack of proximity to existing residential and the potential to “erode the amount of available commercial tracts left for development in the city,” among other reasons.
Earlier this month, Irving City Council approved incentives totaling $31 million for a forthcoming office development that is expected to be home to a new Wells Fargo regional campus.
The banking giant has settled on two 400,000-square-foot buildings with the potential to hold 4,000 workers that are expected to be set within a broader mixed-use development.
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