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Mesquite council approves Towne East plan, $25M redevelopment and 10‑year sales‑tax incentive for former Sears
Summary
The city approved a plan to convert the vacant Sears at Towne East Mall into a mixed retail, entertainment and potential hotel complex and a Chapter 380 agreement that offers a 10‑year, 1‑cent sales‑tax performance incentive if the project meets investment and sales thresholds.
Mesquite City Council unanimously approved zoning changes and a Chapter 380 economic development agreement that clear the way for redevelopment of the former Sears building at Towne East Mall.
Adam Bailey, director of planning and development services, told council the plan would convert the roughly 18‑acre Sears site into Parcel 1 (the redeveloped Sears building) and seven outparcels, allowing a mix of entertainment, retail, restaurants, a conference center and an eventual hotel under a conditional use permit. Bailey said the PD includes development standards for landscaping, signage and shared parking and reduces some retail parking ratios to encourage walkable, parcel-to-parcel access.
The applicant, Steve Meyer of SRB…
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