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Council approves development agreement for Border Region retail project near Belvoir
5590349 · August 15, 2025
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Summary
Council approved Resolution 37‑14 authorizing a development agreement with ER Investment LLC for a proposed retail center; staff projected taxable sales and an incentive split under the development agreement.
The council approved Resolution 37‑14 on Aug. 14 authorizing execution of a development agreement with ER Investment LLC for a proposed retail project near the Belvoir intersection.
City staff explained the Industrial Development Board unanimously recommended approval. The developer proposes a small shopping center of at least three tenant spaces…
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