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Court advances 10‑year, 60% tax‑abatement request for proposed 421,000‑sq‑ft logistics facility
Summary
The court moved to advance a reinvestment‑zone process and a proposed 10‑year, 60% tax abatement for TGSTP 5300 East McKinney LLC, a proposed 421,000‑square‑foot logistics/distribution project that county counsel said would represent roughly $25 million in capital investment and about 20 full‑time jobs; the court set a public hearing for Oct. 28, 2025.
County counsel and a TGSTP representative presented an application from TGSTP 5300 East McKinney LLC for a reinvestment zone and a requested 10‑year, 60% tax abatement to support construction and operation of a 421,000‑square‑foot logistics and distribution facility.
The presenter said the project footprint matches a previously approved reinvestment zone for a now‑cancelled Seba Logistics project and described anticipated capital investment and inventory activity: roughly $25 million in capital investment, an estimated annual inventory level of approximately $50 million and staffing of about 20 full‑time jobs. "What is being requested is a 10 year, 60% tax abatement," the TGSTP representative said.
Commissioners asked about the inventory estimate and whether there is a stipulated minimum; the presenter confirmed the $4.25 million figure referenced and said there is a minimum inventory requirement contemplated in the agreement. The court approved advancing the abatement process and set a public hearing for Oct. 28, 2025, at 10 a.m. to allow public comment on establishing the reinvestment zone.
