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Mansfield council approves Chapter 380 framework to pursue Costco at Lone Star and US‑287
Summary
The Mansfield City Council voted 6-0 to approve a Chapter 380 agreement framework with Costco that would support a roughly 150,000-square-foot store on a 21‑acre portion of a 46‑acre site; rezoning and property acquisition remain required next steps.
The Mansfield City Council on May 12 approved a Chapter 380 performance‑based incentive framework that could pave the way for a 150,000‑square‑foot Costco at the northwest corner of Lone Star Road and U.S. 287.
City planner Jason Moore told the council the agreement would require a minimum $25 million capital investment by the developer and anticipates roughly $40 million in annual sales. The proposal includes an initial infrastructure grant to fund about $1.5 million in street and utility improvements to make the site…
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