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Perkins approves amended development deal to add Dunkin’/Jimmy John’s combo after developer seeks longer tax incentive
Summary
The Perkins commission approved an amendment to the Duncan development agreement to allow a combined Dunkin’/Jimmy John’s tenant and to extend the project’s sales‑tax incentive timetable to help the developer recoup $150,000; Jeffrey Beasley said the change would support more than 20 jobs and speed project completion.
The City of Perkins on Feb. 10 approved an amendment to the economic development agreement for the Duncan development at 418 East Highway 33, allowing a Dunkin’/Jimmy John’s combo tenant and adjusting the incentive timetable to make the project financially feasible.
Jeffrey Beasley, owner of Beasley Technology Inc. and Build It LLC, told commissioners he needed two changes: move the incentive deadline to February 2027 and extend the incentive term from seven to 10 years so the investor could “get the full $150,000 back over the lifespan of the sales tax incentive.” He said the combined tenants and modified timeline would help stabilize revenues and staffing as the business launches.
Why it matters: Beasley said the change would help fill a longtime empty restaurant site and generate local jobs. He described operational plans — including shared dining space, a dual drive‑through and staggered hours so Dunkin’ covers early mornings and Jimmy John’s supplements afternoons and evenings — and said the Perkins location could outperform an early site the company opened in Cushing. On staffing, Beasley estimated the location would create more than 20 new jobs and cited payroll of about 23 employees at his Cushing operation as evidence of local employment impact.
City staff and the commission pressed for timing and performance assurances. Staff said the project’s architecture and planning are well along, and Beasley estimated interior architectural changes and equipment orders would add 45–60 days at most before work could proceed. City staff recommended approval of the amendment.
The commission moved to approve the amendment and the motion carried on roll call (commissioners present voting in the affirmative). After the vote, Beasley said he expected the Perkins location to open this year if contractors remain on schedule.
The approved amendment modifies the existing economic development agreement to permit the dual‑brand tenant and adjusts the sales‑tax incentive schedule and recovery term as requested by the developer. Next steps include finalizing building permits, vendor equipment orders and coordination with the city for any required inspections and signage approvals.
