City of Mesquite Council Meeting Minutes March 16 2026
Alto Alcott Station Assumes Alcott TIRZ Incentives
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Description
The City of Mesquite approved assignment of its TIRZ #14 and Chapter 380 economic development agreements for the Alcott Station site to Alto Alcott Station, LP. Alto will construct a minimum 350,000-square-foot industrial facility and complete specified infrastructure work in return for land conveyance, impact fee reimbursement, and up to $5.25 million in TIRZ-funded reimbursements.
Contract Details
Contract Amount
Up to $5.25M in TIRZ reimbursements plus fee reimbursements
Vendor
ALTO ALCOTT STATION LP
Agency
SPRADLEY FARMS IMPROVEMENT DISTRICT, TX
Contract Type
FINANCIAL_SERVICES
Document Date
March 16, 2026
Contract Term
Must commence construction by July 31, 2027 and complete by July 31, 2030; remove East Glen Boulevard pavement and utilities by July 31, 2027
Renewal Date
2030-07-31
Renewal Info
Assignment preserves all original terms and obligations, with Alto Alcott Station, LP stepping into the role of developer under the 2021 agreement and 2025 First Amendment.
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