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Council staff: Lancaster Corridor site to include Frost Bank and Wingfield's Breakfast & Burger under revised subsidy
Summary
City staff said a 1.5-acre city-owned parcel on the Lancaster Corridor will be developed by UCR as two build-to-suit buildings for Frost Bank and local restaurant Wingfield’s Breakfast & Burger; the city intends to increase its contribution and convert prior TIF support to a Chapter 380-style economic development grant.
City staff told the committee that a long-stalled redevelopment effort on the Lancaster Corridor will move forward with two build-to-suit buildings for Frost Bank and the locally owned Wingfield’s Breakfast & Burger.
Kevin Spath of the Office of Economic Development said the site is 1.5 acres of city‑owned land and that the city selected UCR as developer in late 2022 after an RFP. The project originally envisioned multiple speculative buildings; in the last 18 months the developer secured two local anchors…
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