Stafford advances $500M Grid development with restaurants and infrastructure investments

March 25, 2025 | Stafford, Fort Bend County, Texas

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This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

Stafford's Economic Development Corporation is making significant strides in transforming a 192-acre site into a vibrant hub for dining, retail, and residential living. During a recent meeting on March 25, 2025, officials highlighted the successful rezoning efforts that have allowed for the addition of residential units and numerous restaurants, which are expected to draw both local and out-of-town visitors.

The project, often compared in size to Disneyland, has seen an investment of approximately $24.8 million in infrastructure improvements, funded primarily through a defined area tax that has alleviated the financial burden on Stafford's citizens. This investment is projected to generate substantial sales tax revenue, benefiting the city financially. Currently, the site boasts 20 restaurants and is on track to increase its taxable value from $442 million in 2024 to an estimated $589 million in 2025.
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The development has attracted 5.2 million visitors annually, with nearly 40% coming from outside Stafford, which underscores the project's role in enhancing the city's economic landscape. Notable dining establishments like In-N-Out Burger and Torchy's Tacos are thriving, contributing to the area's reputation as a dining destination.

Looking ahead, the Economic Development Corporation is focused on further enhancing the site with new restaurants and retail spaces, including the anticipated openings of Portillo's and Hopdoddy Burger Bar in the coming months. Additionally, plans are in place to create a gathering space surrounded by dining options, fostering community engagement and attracting more visitors.

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Security remains a priority as the area grows, with the installation of surveillance cameras to ensure safety for residents and visitors alike. The corporation is also advocating for the inclusion of security funding in future agreements to maintain a safe environment.

As Stafford continues to evolve, the Economic Development Corporation is committed to creating a thriving community that not only meets the needs of its residents but also attracts visitors and businesses, positioning Stafford as a key player in the Fort Bend County economic landscape.

Converted from Stafford - Economic Development Corporation - Mar 25, 2025 meeting on March 25, 2025
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