Allen's economic development board has five deals on its plate for its Wednesday, Oct. 21, meeting, from assistance for the Sloan Corners development to a possible land purchase near Greenville Avenue and Bethany Drive.
The agenda for the Allen Economic Development Corporation, posted Oct. 13, lists the items for discussion in a closed executive session, which state law allows for economic development negotiations and real estate. Any action would come after the board returns to open session. The agenda gives no dollar amounts or terms.
On the list
- Sloan Corners: The board is to consider assistance to support the Sloan Corners project at State Highway 121 and U.S. 75.
- Downtown Catalyst Project: A design cost participation agreement with Rough Creek Capital Services LLC and related parties is up for approval.
- Watters Creek: The board is to consider items related to an existing incentive agreement among the AEDC, the Allen Community Development Corporation and GPG Watters Creek Member LLC.
- Greenville Avenue: A land purchase on Greenville Avenue near Bethany Drive is up for consideration.
- Linos LLC: The board will weigh incentives through its SBGP program to support an expansion by Linos LLC. The agenda does not describe the company or the program.
Directors are also scheduled to discuss other business recruitment, real estate, retention and expansion prospects along the SH 121 and U.S. 75 corridors.
