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Developer presents a scaled-back Pecan District plan, asks Tourist Board to consider $5M for Festival Street upgrades
Summary
Presidium representatives presented a lower-density initial phase for the Pecan District, estimating $20M in infrastructure needs and requesting roughly $5M from the TIRS to fund streetscape upgrades. Staff said a PUD rezoning and a formal TIRS amendment will be required before any funding decision.
Presidium representatives presented a revised, lower-density initial phase for the 45-acre Pecan District and asked the Tourist Board to consider possible TIRS support to help bridge a financing gap.
Sid Galindo (Presidium) framed the update as an effort to preserve the original public-realm vision while adapting to post-COVID financing realities. Kenley Reed (master planning) and Harrison Petrovich…
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