New Construction Alert: Lake Carolyn Promenade Phase V Breaks Ground in 2025
Las Colinas is getting a major upgrade! The City of Irving has announced the launch of Phase V construction on the Lake Carolyn Promenade, a long-awaited final stretch that will complete the popular pedestrian and biking loop around Lake Carolyn.
Whether you're a resident, jogger, cyclist, or business owner near the water, this project is expected to boost foot traffic, improve scenic access, and increase business visibility along the waterfront.
Project Name: Lake Carolyn Promenade – Phase V
Location: Along Las Colinas Blvd and California Crossing
Timeline: Construction begins early Fall 2025
Completion target: Mid-to-late 2026
Cost: $5.2 million (city-funded with partial state infrastructure grants)
This final phase will complete the 6-mile loop around Lake Carolyn with:
New 10-foot-wide pedestrian paths
Updated LED lighting and landscaping
Public art installations and seating areas
Safer crosswalks and improved accessibility
Connection points to Campion Trail and DART stations
Once complete, the Lake Carolyn trail system will link Las Colinas residents and visitors to the Toyota Music Factory, Irving Convention Center, and Gondola Adventures docks—all without getting in a car.
“This is the missing piece,” said one local business owner along O’Connor Blvd. “We’ve seen so many people come off the trail for coffee or lunch—this just brings more of that foot traffic full circle.”
Popular with runners, pet owners, and families, the Promenade has become one of the most Instagrammed spots in Irving, especially during golden hour.
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With construction wrapping the loop around the lake, nearby businesses are likely to see a steady boost in exposure and walk-in customers.
Here are just a few within a 5-minute walk of the new Phase V stretch:
| Business Name | Category | Location |
|---|---|---|
| Pax & Beneficia Coffee | Coffee & tea | 0.2 mi |
| Two Mules Cantina | Tex-Mex | 0.3 mi |
| CycleBar Las Colinas | Fitness Studio | 0.4 mi |
| Thirsty Lion Gastropub | Casual dining | 0.5 mi |
| Omni Las Colinas Hotel | Lodging | 0.5 mi |
| mi |
This isn’t just a walking path—it’s a connective spine for local tourism and business in Las Colinas. By finishing the loop:
Visitors will stay longer and explore more
Outdoor events will expand around the lake
Foot and bike access to businesses will improve
Property values and rental interest will rise
rise
Public parking lots available at Toyota Music Factory & Convention Center
DART access: Las Colinas Urban Center Station and Lake Carolyn Station nearby
Bike rentals from VBikes or Lime (seasonal)
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Q: Can I still access the trail during construction?
A: Yes. Detour signs will be posted. Sections under development will be temporarily blocked off for safety.
Q: Will there be any closures on Las Colinas Blvd?
A: Minor lane closures are expected during early construction but no long-term road shutdowns.
Q: Is this part of a larger Las Colinas redevelopment?
A: Yes. The promenade is tied into Irving’s broader Las Colinas infrastructure and tourism upgrades through 2026.
Snap photos of the promenade progress and tag #LakeCarolynLoop
Share your feedback at upcoming city planning meetings
Support nearby small businesses during the construction window
The Lake Carolyn Promenade Phase V project represents the best of Irving’s growth—forward-thinking, community-centered, and designed to elevate both quality of life and local economic activity. Whether you’re a business owner, a weekend jogger, or just looking for a scenic lunch break, this new trail segment is for you.
Stay updated on local development, small business news, and events right here on our Irving Las Colinas News page.