Prosper Board Recommends Higher Blue Star Construction Reimbursement
Town of Prosper townCity · Prosper, TX- Disclosed value
- Maximum construction payment increased from $58,000,000 to $76,714,144; maximum construction payment plus interest remains capped at $93,079,000
- From resolution
- Document date
- Nov 7, 2026
- Renews
- Free account
The 30-second brief
Prosper’s TIRZ No. 1 Board recommended amending its agreement with Blue Star Land Development to increase the maximum construction reimbursement to $76,714,144. The reimbursement cap including interest remains $93,079,000, with construction reimbursements projected to conclude in September 2033.
Blue Star Land Development holds this construction contract with Town of Prosper town.
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Contract details
- Contract type
- Construction
- Amount
- Maximum construction payment increased from $58,000,000 to $76,714,144; maximum construction payment plus interest remains capped at $93,079,000
- Document date
- November 7, 2026
- Term
- Projected completion of construction reimbursements: September 2033
- Renews
- On record
- Agency
- Town of Prosper town
- Source document
- Town of Prosper Resolution Amending TIRZ No. 1 Project Plan 2026-11-10 (Resolution)
Blue Star Land Development's other public contracts
More Town of Prosper town contracts
Questions about this contract
Who was awarded the construction contract by Town of Prosper town?
Blue Star Land Development was awarded this construction contract by Town of Prosper town, as recorded on November 7, 2026. The contract value is Maximum construction payment increased from $58,000,000 to $76,714,144; maximum construction payment plus interest remains capped at $93,079,000.
How much is the Blue Star Land Development contract with Town of Prosper town worth?
The Blue Star Land Development contract with Town of Prosper town is valued at Maximum construction payment increased from $58,000,000 to $76,714,144; maximum construction payment plus interest remains capped at $93,079,000, covering construction work.
What type of contract is this?
This is a Construction contract, documented as a resolution record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in Town of Prosper Resolution Amending TIRZ No. 1 Project Plan 2026-11-10 (Resolution), dated November 7, 2026 from Town of Prosper town. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Blue Star Land Development hold?
Blue Star Land 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.
What is Town of Prosper town currently buying?
Explore Town of Prosper town's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.