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Balch Springs EDC approves $2.2 million amendment for Alexander Village mixed‑use project
Summary
The Balch Springs Community and Economic Development Corporation (Type B) on May 28 approved an amendment to a Chapter 380 economic development agreement to provide incentives not to exceed $2,200,000 for the Alexander Village mixed‑use development; the board voted 4–1 to forward the measure to city council.
The Balch Springs Community and Economic Development Corporation (Type B) approved a $2.2 million amendment to a Chapter 380 economic development agreement for the Alexander Village Mixed‑Use Development on May 28, voting 4–1 to recommend the amendment to city council.
The amendment would add incentives and a contribution toward a new collector road to serve a roughly 14‑acre site behind local businesses identified in the packet as the Alexander Village project. The board’s action covers incentives, a reimbursement schedule for infrastructure work and revised allocations for restaurant, retail and family‑entertainment users; the EDC Type B motion was made by Director Wanda Adams and seconded by Director Katisha Bruner.
Why it matters: the developer projects a $50 million buildout including four restaurants, about 15,000 square feet of retail, a family‑entertainment user and roughly 200 market‑rate apartments. The amendment adds a share of funding for a collector road that would connect the site to Interstate 20 and South Beltline Road and changes how the EDC’s incentives are…
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