City of Dickinson Agenda Packet 2026-06-09
Collaborate Development LLC Signs Economic Development Pact for Retail Project
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Description
The City of Dickinson and its partners finalized a Chapter 380 Economic Development Agreement with Collaborate Development LLC for a retail center project, with incentives including infrastructure improvements and tax rebates. The contract runs through December 31, 2033, and outlines property purchase, development, and valuation commitments.
Contract Details
Vendor
COLLABORATE DEVELOPMENT LLC
Agency
City of Dickinson, TX
Contract Type
OTHER
Document Date
June 9, 2026
Contract Term
Effective upon execution until December 31, 2033, unless earlier terminated
Renewal Date
2033-12-31
Renewal Info
Option to purchase additional property within 60 months for project expansion. Agreement may be assigned to Village Center Retail and Office LLC within twelve months of certificate of occupancy issuance. Additional Chapter 380 agreement may be negotiated for future tracts.
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