Town of Blanket Awards $15,000,000 Development Agreement Contract to Gulf Coast Commercial (April 2025)
Town of BlanketCity · TX- Disclosed value
- $15,000,000
- From meeting minutes
- Approved
- Apr 14, 2025
- Term
- 10 years (2028 through 2037)
The 30-second brief
Agreement with Gulf Coast Commercial Group contingent upon amendment to existing Lafayette Crossing development agreement removing impact fee credit east of Woodcreek Blvd and for this project. City reimburses the developer for the actual cost of required infrastructure, not to exceed $15 million, whichever is lower. Term: 10 years (2028 through 2037), plus 2027 if anchor stores open in 2027
Gulf Coast Commercial holds this development agreement contract with Town of Blanket. Its other public contracts on record include work for City of Fate and Naples Municipal Airport.
Term as filed: 10 years (2028 through 2037).
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Contract details
- Contract type
- Development Agreement
- Amount
- $15,000,000
- Document date
- April 14, 2025
- Term
- 10 years (2028 through 2037)
- Vendor
- Gulf Coast Commercial
- Agency
- Town of Blanket
- Source document
- town-of-blanket-meeting-minutes-2025-04-14_313.pdf (Meeting Minutes)
Gulf Coast Commercial's other public contracts
More Town of Blanket contracts
Questions about this contract
Who was awarded the development agreement contract by Town of Blanket?
Gulf Coast Commercial was awarded this development agreement contract by Town of Blanket, as recorded on April 14, 2025. The contract value is $15,000,000.
How much is the Gulf Coast Commercial contract with Town of Blanket worth?
The Gulf Coast Commercial contract with Town of Blanket is valued at $15,000,000, covering development agreement work.
What type of contract is this?
This is a Development Agreement contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in town-of-blanket-meeting-minutes-2025-04-14_313.pdf (Meeting Minutes), dated April 14, 2025 from Town of Blanket. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Gulf Coast Commercial hold?
Gulf Coast Commercial may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Town of Blanket currently buying?
Explore Town of Blanket's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.