Economic Development Council explores options for new restaurant on two-acre lot

November 26, 2024 | Kennedale, Tarrant County, Texas

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Economic Development Council explores options for new restaurant on two-acre lot

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

Kennedale's Economic Development Corporation (EDC) is exploring exciting opportunities for a two-acre lot that could soon become a hub for dining and retail. During the recent meeting on November 26, 2024, members discussed the potential for developing the property into a restaurant or a combination of dining options and a strip center, reflecting current trends in the fast-food and takeout market.

The EDC emphasized the importance of selling the property at fair market value while ensuring it meets community needs. The discussions highlighted a growing interest from developers in the Dallas-Fort Worth area, with many new restaurants looking to establish themselves in the region. This presents a unique opportunity for Kennedale to attract new businesses that align with local preferences for dining options.

A consultant will be brought in to assist in identifying the best fit for the property, which could include multiple fast-food establishments or a sit-down restaurant with a focus on takeout. The EDC is optimistic about the potential for this development, noting that the current zoning allows for commercial use, which should facilitate the process.

While no formal offers have been made yet, the EDC is preparing for negotiations to move forward with the project. The outcome of these discussions could significantly enhance the local economy and provide residents with more dining choices. As the EDC continues to explore these possibilities, the community can look forward to potential new developments that cater to their needs and preferences.

Converted from November 26, 2024, Kennedale EDC meeting on November 26, 2024
Link to Full Meeting

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