[Congressional Record Volume 160, Number 67 (Tuesday, May 6, 2014)]
[Extensions of Remarks]
[Pages E692-E693]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




            CELEBRATING THE GRAND OPENING OF CYPRESS WATERS

                                 ______
                                 

                          HON. KENNY MARCHANT

                                of texas

                    in the house of representatives

                          Tuesday, May 6, 2014

  Mr. MARCHANT. Mr. Speaker, I rise today to celebrate the grand 
opening of the Cypress Waters commercial and residential planned 
community. Developed by Henry and Lucy Billingsley, Cypress Waters is a 
1,000 acre development on the 362 acre North Lake. It is anchored by 
the City of Dallas, Texas, with parts also in the cities of Coppell and 
Irving. Cypress Waters is in close proximity to the Dallas-Fort Worth 
International Airport and sits in the heart of the Dallas-Fort Worth 
Metroplex.
  Once completed, the Neighborhoods of Cypress Waters will feature over 
10,000 multi-

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family units. Currently, the Neighborhoods of Cypress Waters contain 
673 multi-family units which are open for lease. The second phase of 
the multi-family construction will commence in early 2015 and will 
offer approximately 500 additional units. The Neighborhoods will be 
within the Coppell Independent School District and a new elementary 
school, junior high school, and high school will all be built to 
educate the young residents.
  The Shops of Cypress Waters sits at the entrance of the development 
and will serve as a retail hub in Dallas-Fort Worth by adding 400,000 
square feet of retail space, most of which has now been built. In 
addition, the development will host 4.5 million square feet of Class A 
office space which will be home to some of Texas' largest corporations. 
As a result, thousands of new jobs will come to the 24th District, 
furthering the area's resilient economic growth.
  Cypress Waters also features a great outdoors environment consisting 
of hiking and biking trails, including a five mile loop around North 
Lake and connections to adjacent cities' trail systems. There are also 
watercourse environments and preservation areas for native species of 
plants and animals.
  Mr. Speaker, I ask all of my distinguished colleagues to join me in 
celebrating the grand opening of Cypress Waters and welcoming its new 
residents to the 24th Congressional District of Texas.

                          ____________________