Developer at center of Benbrook floodplain debate indicted on felony charges

The real estate developer who angered Benbrook residents this past summer with his plan to build in a floodplain has been indicted on felony charges in Parker County for alleged misappropriation of funds and theft.

In July, the Benbrook Planning and Zoning Commission recommended rezoning a portion of the Mary’s Creek floodplain to allow Corey Waldrop, 37, of Fort Worth, to develop a 178-home community called Rowan Ranch near the intersection of West Loop 820 and Veterans Parkway.

Immediately, nearby residents mobilized to block the development, worrying that manipulating the floodplain would have disastrous consequences for downstream neighborhoods. The Benbrook City Council ultimately denied the rezoning request in August after dozens of residents spoke against the project…

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