Major Retail Development Agreement Awarded to Collaborate Special Projects LLC
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Description
The City of Dickinson and its partners entered a long-term economic development agreement with Collaborate Special Projects LLC for the construction and management of a new retail center, providing infrastructure and tax incentives through 2033.
Contract Details
Vendor
COLLABORATE SPECIAL PROJECTS 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 remainder tract within 60 months; possible assignment to Village Center Retail and Office LLC within 12 months of occupancy. Reverter provisions apply; further Chapter 380 agreement possible for expansion.
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