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Mount Pleasant council unanimously approves Home2 Suites development agreement
Summary
The Mount Pleasant City Council approved a five-year development agreement with MPTX 2 LLC to build an 84-room Home2 Suites, offering multi-year tax and permit rebates subject to a city rebate cap. The motion passed unanimously and authorizes staff to finalize the contract.
The Mount Pleasant City Council voted unanimously to approve a development agreement with MPTX 2 LLC to build a Home2 Suites extended-stay hotel near Christus Hospital.
City Manager Vine told the council the project is a "$14,100,000 investment," would include 84 rooms and about 19.5 full-time equivalent positions, and would be located close to Christus Hospital. Vine said the city will offer a package of incentives…
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