On Monday, January 12, City Council will hold a public hearing and vote on a zoning amendment request for the Ironwood at Princeton multifamily site at 599 W. Princeton Drive, near Tickey Creek and U.S. 380, east of Walmart.
What Is Being Requested
The applicant, 599 W Princeton LP (Blom Capital), is requesting an amendment to the site’s zoning from PD 12 to PD 12A for the 15.157-acre property.
What the Amendment Would Change
1. Building materials
The amendment would expand what can qualify as masonry under the PD standards by allowing additional exterior material options, including certain cementitious products.
2. Parking
The amendment would replace previously required garages with covered parking carports.
3. Amenities
The amendment would remove the previously listed dog wash and car wash amenities.
4. Gate requirement
The amendment would remove the requirement for a staffed, manned entrance gate.
5. Unit count
The amendment would update the total number of units to 306, aligning the project count with the PD language and related project documents.
Background Residents May Recognize
The project was originally approved in 2017 as a luxury-style multifamily development.
Construction began in 2021, then stalled in 2023 following disputes that led to city enforcement actions and partially unfinished structures remaining on site.
Blom Capital purchased the property in early 2025, rebranded the project as Eco-opulent, stabilized the site, secured new financing, and later obtained a full building permit.
What City Staff Is Recommending
City staff recommends approval, but with additional quality-related conditions, including:
• at least two exterior materials and two color tones per building
• stricter limits on which cementitious panels may qualify as masonry
• stronger landscaping and fully screened parking near homes
• decorative metal or powder-coated balcony railings, rather than chain-link or temporary systems
Process and Current Status
• Notices were mailed to nearby property owners and published publicly
• As of the staff report filing, no public comments had been received
• The Planning and Zoning Commission voted 4 to 0 in favor
• City Council may approve, modify, table, or deny the request
How to Comment
Princeton Municipal Center, Council Chambers
Monday, January 12, 2026
6:30 PM
Residents who cannot attend may send written comments to the Planning Department before the meeting at:
Why This Matters
This case affects one of the city’s most visible stalled multifamily sites along the U.S. 380 corridor.
If approved, the amendment could shape how the project is revived, what design standards are applied, and how the final development fits into the surrounding area.
