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Kennedale council approves sale of EDC parcel at 600 W. Kennedale Parkway; developer, council to negotiate Chapter 380 terms
Summary
The Kennedale City Council voted unanimously Dec. 17 to approve the Economic Development Corporation's recommendation to sell the EDC-owned parcel at 600 W. Kennedale Parkway to a private developer; council discussed a Chapter 380 incentive agreement and a 9–24 month development timeline.
The Kennedale City Council on Dec. 17 unanimously approved the sale of a city Economic Development Corporation property at 600 West Kennedale Parkway, clearing the way for a private developer to pursue retail and service uses on the long-vacant lot.
The sale was recommended by the Kennedale Economic Development Corporation and approved after developer Jason Pennington (referred to in the meeting as Mr. Pennington) presented conceptual plans for the narrow, shallow parcel. Pennington described potential uses that include a drive-through coffee prototype, retail pads and a tunnel-style car wash, and said site constraints would limit…
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