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MEDC approves timetable extension for Water Mill District; demolition set to start
Summary
The Mansfield Economic Development Corporation board unanimously approved a First Amendment to its agreement with NAC Development LLC that extends land‑acquisition and construction deadlines for the downtown Water Mill District; staff said demolition is scheduled to begin "no later than next week" and that no financial terms are changing.
The Mansfield Economic Development Corporation Board of Directors on Sept. 9 approved a First Amendment to its economic development agreement with NAC Development LLC to extend key project deadlines for the downtown Water Mill District project. The measure passed by a 5–0 vote.
Staff said the amendment shifts dates for land acquisition and demolition after the developer completed acquisition of the Texas Tire parcel in April 2025. "Nothing financially has changed," the Staff member told the board, while outlining a temporary…
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