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Dickinson EDC approves MOU with Collaborate for Bayou Village Phase 2
Summary
The Dickinson Economic Development Corporation approved a memorandum of understanding with developer Collaborate to pursue development of about 54–58 acres across FM 517 known as Bayou Village Phase 2; the developer is expected to purchase the land rather than receive it as an incentive.
The Dickinson Economic Development Corporation voted to enter a memorandum of understanding with Collaborate to pursue development of Bayou Village Phase 2, a roughly 54–58 acre tract across FM 517 that abuts Westcomb Bayou.
The action, taken at the EDC meeting and approved by voice vote, followed staff remarks about the property aggregation and a presentation of expectations for future negotiations. The board moved and seconded the measure and members responded “aye”; no recorded votes in opposition were announced.
The MOU covers preliminary collaboration on a mixed-use vision for the east side corridor and…
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