Board approves joint development agreement with GV Spring Hills; amends Commerce Center plan amid timeline concerns

The Spring Hill Board of Mayor and Aldermen voted to approve a revised joint development agreement with GV Spring Hills LLC and adopted changes to the Spring Hill Commerce Center master development plan after the developer and city staff negotiated adjustments to construction and right-of-way timelines and cleared perceived conflicts between the development agreement and plan conditions.

City staff presented the revised agreement and supporting materials and described an amendment to Exhibit B1 that sets the schedule for required improvements: 18 months for design, 24 months for right-of-way and easement acquisition, followed by 24 months for construction, with the clock starting on the agreement’s effective date. Assistant City Administrator Dan Allen told the board the amendment “clarifies that there’s 18 months for design, 24 months for right of way acquisition and easements, and then another 24 months for construction.”

The Board approved the main resolution authorizing the amended joint development…