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Commission approves development agreement with Stewart Development LLC for market-rate single-family housing
5764088 · March 17, 2025
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Summary
The commission unanimously approved Resolution 7596, a development agreement with Stewart Development LLC covering new single-family subdivisions (Units 2 and 3) with prior incentives and infrastructure work noted.
The Hobbs City Commission approved Resolution No. 7596, authorizing a development agreement with Stewart Development LLC for market-rate single-family housing in a subdivision near Del Norte.
Todd Randall, assistant city manager and planner, said Stewart Development has had 16 development agreements for roughly 258 housing units and…
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