PMB Capital Investments, Fort Worth negotiating development agreement on 5,200 acres - Dallas Business Journal

  • 📰 DallasBizNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The 5,200 acres, which includes the Veale Ranch project along with several other parcels, could span industrial, commercial, mixed-use, institutional and residential uses.

PMB Capital Investments and the City of Fort Worth are in negotiations about how and when development will unfold across thousands of acres that include the Veale Ranch project.

“We want to do this in a quality way that’s lasting and thoughtfully planned from a master-planning standpoint,” said Taylor Baird, partner at PMB Capital Investments. “The development of Veale will be significant for the local area.” City management is expected to recommend that the city provide economic incentives for eligible industrial and commercial development opportunities within the project, according to the document. Available TIF revenue may be used for those incentives.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 525. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines