Title
Conduct a public hearing and consider a resolution approving the terms and conditions of a program to promote local economic development and stimulate business and commercial activity in the City, authorizing the City Manager to finalize, execute and administer a Chapter 380 Economic Development Performance Agreement ("Agreement") for such purposes by and between the City of Mesquite, Texas, and 80 Jane Industrial, LLC, ("Developer") and granting to the Developer certain economic development incentives, and authorizing the City Manager to take such actions and execute such documents as are necessary or advisable to consummate the transactions contemplated by the agreement, and administer the agreement on behalf of the City.
Body
The City of Mesquite proposes to enter into an agreement with 80 Jane Industrial, LLC, to facilitate the commercial development of a seven-acre tract by Simple Development Partners at 2100 East U.S. Highway 80, in Mesquite, Texas, building a minimum 80,000-square-foot industrial building with Manhattan Project Beer Company as the primary tenant.
The City Council approved Planned Development Zoning for the tract of land at 2100 East U.S. Highway 80, on July 21, 2025, including allowing industrial development along with the ability to build and operate a tasting room/restaurant/pavilion on the property which abuts Mesquite's Heritage Trail system.
The proposed agreement requires the developer construct the 80,000-square-foot industrial building with at least 50 percent of the building leased to Manhattan Project Beer Company, being operational by July 31, 2027, under a minimum seven-year lease term.
The City, upon full payment of development and impact fees by the developer, would begin reconstruction of Jane Street to a two-lane, curb and gutter City road with sidewalks, a length from the U.S. Highway 80 service road on the north to the end of the land tract on the south. The value of the incentive is approximately $860,000.00....
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