Page 19 - Grapevine Budget FY21

Goal: Address future transportation needs

• The FY21 budget provides funding fort the City’s participation in a Local Project Advanced
Funding Agreement (LPAFA) with the Texas Department of Transportation (TxDOT) for the
widening of Euless Grapevine Road from two lanes to four lanes with a new traffic signal at
the intersection of the SH 360 Frontage Road.

• The FY21 budget also provides funding fort the City’s participation in a LPAFA with TxDOT
for the widening of Fairway Drive from two lanes to three lanes with a new minim ten-foot
wide shared use path from SH 26 to Marina Drive.

• Continued participation in the partnership between Grapevine and Trinity Metro in support of
the TEXRail commuter rail program. The FY21 budget allocates 3/8-cent of 4B sales tax
collections ($8.7 million) in payments to Trinity Metro.

Goal: Continue to enhance tourism development

• Stand Rock Phase 1: 490 rooms and 100 timeshare units - $160 million project.
• Meow Wolf: Major entertainment complex to be located at Simon’s Grapevine Mills Mall -
$30 million project.
• Southland Holdings: Headquarters relocation - $5 million project.
• Grapevine Main – Train station opening: $110 million project.
• Payton Wright redevelopment: Multiple restaurant concepts on old Payton Wright Ford
dealership property.
• Hilton Inn – Silver Lake: 152 guest rooms

Goal: Invest in “Quality of Life” capital projects

• The FY21 budget includes funding for the design, production and installation of a large scale
custom 3-piece Christmas Train display to be installed at the Peace Circle plaza outside of the
Grapevine Main train station.

• FY21 projects includes allocations for Grapevine’s continued participation in TxDOT’s Green
Ribbon highway beautification project.

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