Development agreement details retail project, infrastructure backing
City Council unanimously voted last week to move forward with a long-discussed 60-acre retail and hotel project, expected to bring around $2 million annually and 1,300 new jobs to the city’s front door.
The city Dec. 16 approved an economic development agreement with the new Elgin Commons coming to U.S. 290, west of the Whataburger. The arrangement provides the Economic Development Corporation funding assistance for public infrastructure to accelerate construction of the project, according to director Kaley Frye.
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