OTHERRECOMMENDED

NBEDC Recommends Five-Year 210 Castell Extension

New Braunfels Economic Development Corporation recommended a first amendment with 210 S. Castell, LLC, extending the Co-Op Marketplace redevelopment deadline from December 31, 2026, to December 31, 2031. The agreement provides a total incentive of up to $4.5 million, including a $2 million initial payment and $250,000 annual payments for 10 years after compliance audits.

Document date · October 11, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
$4,500,000 total incentive; $2,000,000 initial payment; $250,000 annually for 10 years
Contract type
OTHER
Contract term
Original performance deadline: December 31, 2026; proposed extension through December 31, 2031
Renewal date
2031-12-31
Renewal
First amendment requested to extend performance deadlines by five years. The original agreement requires completion by December 31, 2026; the proposed amended deadline is December 31, 2031. Incentive payments remain subject to annual compliance audits and continued marketplace operation and public access.
Document type
AgendaPacket
Source document
New Braunfels Economic Development Corporation AgendaPacket 2026-10-15

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of New Braunfels city?

210 S Castell Llc was awarded this government contract by City of New Braunfels city, as recorded on October 11, 2026. The contract value is $4,500,000 total incentive; $2,000,000 initial payment; $250,000 annually for 10 years.

How much is the 210 S Castell Llc contract with City of New Braunfels city worth?

The 210 S Castell Llc contract with City of New Braunfels city is valued at $4,500,000 total incentive; $2,000,000 initial payment; $250,000 annually for 10 years.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in New Braunfels Economic Development Corporation AgendaPacket 2026-10-15 (AgendaPacket), dated October 11, 2026 from City of New Braunfels city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does 210 S Castell Llc hold?

210 S Castell Llc 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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