What is Silveron Park, and how will it affect homes near Lakeside in Flower Mound?

Silveron Park is a new mixed-use development that broke ground in May 2026 at the corner of Lakeside Village Blvd and International Parkway (FM 2499) in southern Flower Mound. At full buildout it will bring 40,000 square feet of retail, 525,000 square feet of office space, and 200 apartments to an area that's already home to some of the town's newest construction. The first phase of retail is expected to open this fall, and the town projects at least $527,000 a year in new tax revenue once it's built out.

By Brian White | August 13, 2026

If you've been watching the Lakeside area of Flower Mound and wondering what's actually happening south of the lake, Silveron Park is the answer. It's not a rumor or a rendering on a developer's website. Crews broke ground in May, the retail phase is scheduled to open this fall, and Flower Mound's town council has already approved up to $2 million in incentives to get the office component built.

Here's what's coming, and what it actually means if you're thinking about buying, selling, or holding a home in that part of town.

What's Actually Being Built

Silveron Park sits at the southeast corner of Lakeside Village Blvd and International Parkway, close enough to Lakeside and Grapevine Lake that most people driving past this fall will notice the construction. Weitzman is developing and leasing the retail piece. Thompson Realty Capital is handling the residential and office components.

At full buildout, the project includes:

• 40,000 square feet of retail, restaurant-focused, with the first 17,400-square-foot phase (plus drive-thru pads) targeted for completion this fall
• 525,000 square feet of office space, starting with a roughly 65,000-square-foot, three-story Class A building
• 200 apartments, proposed as three four-story buildings on just under 9 acres
• About 50 acres of green space, including parks, trails, and gathering areas

The center is pre-leasing now. Specific restaurant and retail tenants haven't been announced publicly yet, but the town's own goal for the project is straightforward: bring more daytime activity to a part of Flower Mound where a lot of residents currently commute out for work.

Why This Matters If You're Buying or Selling Near Lakeside

You've probably already noticed how much new-construction activity is stacking up in this part of Flower Mound. Lakeside East is adding roughly $160 million in new townhome development nearby. The Villas at Lakeside has its own price and HOA structure that buyers are already comparing against other options. Silveron Park is a different kind of project than either of those: it's commercial, not residential, and that distinction actually matters for your decision.

Here's the honest read on it.

For sellers, a real commercial anchor going in nearby is generally a good thing for long-term desirability, but it won't move your home's value overnight. The office and apartment phases are still in early construction. What you can say to a buyer right now, honestly, is that the area is adding walkable retail and daytime employment, not just more rooftops. That's a meaningfully different pitch than "more houses are coming."

For buyers, this is worth factoring into your timeline, not your urgency. If having restaurants, shops, and a shorter commute to a local employer matters to your family, Silveron Park's Phase I retail opening this fall gives you a real date to watch. It's also a reason to look closely at homes in the immediate area now, before the retail opens and word gets around.

For everyone weighing this area against Furst Ranch or Whyburn, Silveron Park doesn't change the fundamental trade-off between new construction and an established, closer-in location. It does add one more data point: this part of Flower Mound is getting real commercial investment, not just residential growth. If you're still comparing Whyburn, Furst Ranch, and Lakeside as move-up options, this is one more piece of the picture.

What's Still Uncertain

To be straight with you: the office and apartment phases don't have confirmed completion dates yet, and no specific restaurant or retail tenants have been named publicly as of this writing. The $527,000 annual tax revenue figure is the town's own projection at full buildout, not a number tied to this fall's Phase I opening alone.

None of that makes this less real. It's a funded, permitted, under-construction project with the town's own financial incentives behind it, which puts it in a different category than a rezoning request or a developer's pitch deck. But if you're timing a purchase around "walk to dinner," you're probably looking at 2027 or later for the fuller build-out, not this fall.

How This Fits Your Move-Up Timing

If you're already planning a move in the Lakeside area, whether you're comparing it to The Villas at Lakeside or a resale elsewhere in Flower Mound, a development like Silveron Park is exactly the kind of thing worth factoring into a real conversation about timing. It's not a reason to rush, and it's not a reason to wait. It's context.

That's the piece that's easy to miss when you're reading headlines about a groundbreaking: the right response usually isn't "buy now" or "wait it out." It's understanding how a specific project's timeline lines up with your own. That's where a local market analysis, and someone who's actually watching these projects move through the town's approval process, makes the difference.

Frequently Asked Questions

Where exactly is Silveron Park in Flower Mound?

Silveron Park is at the southeast corner of Lakeside Village Blvd and International Parkway (FM 2499) in southern Flower Mound, near Lakeside and Grapevine Lake.

When will Silveron Park open?

Phase I retail, about 17,400 square feet plus drive-thru pads, broke ground in May 2026 and is targeted for completion this fall. The office and apartment components don't have public completion dates yet.

Will Silveron Park increase home values near Lakeside?

It's reasonable to expect a real commercial and office anchor to support long-term desirability in the area, but there's no guarantee on price or timeline. The clearest near-term impact is added retail and daytime activity, not an immediate jump in comparable sale prices.

Is Silveron Park the same as Lakeside East?

No. Lakeside East is a separate, roughly $160 million townhome development also planned for southern Flower Mound. Silveron Park is commercial and residential-apartment, not for-sale housing, and the two projects are being built by different developers.

Who's developing Silveron Park?

Weitzman is developing and leasing the retail portion. Thompson Realty Capital is handling the residential apartments and the office building.

If you're thinking through a move like this, whether it's timing a sale near Lakeside or comparing new-construction options across Flower Mound, schedule a free Move-Up Strategy Call... thirty minutes, no pitch, just a clear-headed look at where you are and what your best next move looks like.

About Brian White

Brian White helps families in Northwest DFW make their move-up cleanly, selling and buying in one synchronized step. He built BlueFuse Group on a simple standard: other-first service, proactive at every turn, faith and excellence in equal measure. Brian has been married to Tisha for 27 years and is dad to three adult sons. When he's not protecting a family's equity or untangling a tight closing timeline, you'll find him chasing a round of golf or at Valley Creek Church.

Schedule a Move-Up Strategy Call... no pitch, just a clear-headed look at your next move.