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Mansfield's rolling out the red carpet for Costco with an $8 million incentive deal. The city hopes this brings in jobs and more stores, but some are questioning if it's the best way to spend our tax dollars.
At a glance
Rising — being discussed more frequently. 1 mention in the last 30 days, 1 the 90 before that.
The proposed changes would involve city funding for grants and incentives, though specific budget impacts are still being developed.
Local business owners, property owners in the historic district, and residents who want a more vibrant downtown.
Taxpayers might wonder if this massive incentive is the most efficient use of their money.
We'll include it in your weekly brief whenever the council takes it up.
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The city is looking at ways to make it easier for businesses to open and stay in historic downtown. This includes new grants for building improvements and help for small businesses to get established.
The committee is exploring ways to update programs that offer grants and incentives to businesses in the historic downtown area. The aim is to make these programs more effective in encouraging development and revitalization.
Suburban Texas city offers $8M in incentives to rope in a Costco Chron
Costco could build its first store in Mansfield after city approves up to $8M in incentives Fort Worth Report