Midway Development: Potential Economic Incentives for hotel project
City of San Marcos cityCity · San Marcos, TX- Document date
- Aug 5, 2025
- Term
- 10 years
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THE 30-SECOND BRIEF
City Council to Consider an agreement of incentives for economic development, pursuant to chapter 380, with Midway Development, LLC. The agreement offers incentives in the form of partial reimbursements for hotel occupancy and sales taxes during ten years for the construction of a full-service hotel in the city center, at 429 North Guadalupe Street, with a minimum capital investment by Midway of $40,000,000.00.
Midway Development holds this incentives contract with City of San Marcos city. Its other public contracts on record include work for Hays County.
Term as filed: 10 years.
Contract details
- Contract type
- Incentives
- Document date
- August 5, 2025
- Term
- 10 years
- Vendor
- Midway Development
- Agency
- City of San Marcos city
- Source document
- city-of-san-marcos-city-council-meeting-agenda-august-5-2025_ba0.pdf (Agenda)
Midway Development's other public contracts
More City of San Marcos city contracts
Questions about this contract
Who was awarded the incentives contract by City of San Marcos city?
Midway Development was awarded this incentives contract by City of San Marcos city, as recorded on August 5, 2025.
What type of contract is this?
This is a Incentives contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-san-marcos-city-council-meeting-agenda-august-5-2025_ba0.pdf (Agenda), dated August 5, 2025 from City of San Marcos city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Midway Development hold?
Midway Development may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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What is City of San Marcos city currently buying?
Explore City of San Marcos city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.