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Council approves annexations, then backs Falcon Commercial park with fee waivers and incentives
Summary
Council approved voluntary annexations for Hawthorne Estates and the Northlake Business Park, then returned from executive session to approve a development agreement with Falcon Commercial for roughly 1.4 million square feet of industrial space that includes fee waivers and an ag‑rollback reimbursement mechanism.
The Northlake Town Council approved two voluntary annexations and later, after executive session, approved a development agreement with Falcon Commercial that unlocks an industrial development south of the speedway.
Staff presented voluntary annexation material for Hawthorne Estates (final plat approved, development agreement originally approved Feb. 2020) and the Northlake Business Park (development agreement approved Feb. 2023). Council…
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