Title
Consider/Discuss/Act on a Resolution Authorizing the City Manager to Execute a Chapter 380 Economic Development Agreement with McIntyre Phase I Owner, L.P., for the Construction of Certain Segments of Wilmeth Road to Facilitate the Development of an Industrial Warehouse Project in an Area situated East of McDonald Street (State Highway 5)
Summary
COUNCIL GOAL: Operational Excellence
MEETING DATE: April 21, 2026
DEPARTMENT: Engineering
CONTACT: Gary Graham, P.E., PTOE, Director of Engineering
RECOMMENDED CITY COUNCIL ACTION:
* Approval of the Resolution and Agreement.
ITEM SUMMARY:
* This Resolution authorizes the City Manager to execute a Chapter 380 Economic Development Agreement with McIntyre Phase I Owner, L.P., (the "Developer") that allows the City to encourage the Developer's investment of $75,000,000 in the development of three or more industrial warehouse buildings containing a cumulative total of at least 600,000 square feet of industrial ground floor space ("Phase I of the Chi McIntyre Development") in an area north of future Wilmeth Road and east of McDonald Street (State Highway 5) containing approximately 139.077 acres or 60,581,194 square feet of land in the John Duncan Survey, Abstract No. 259 and the J. B. Wilmeth Survey, Abstract No. 984, within the City's corporate limits.
* The Chapter 380 Agreement requires the Developer to build the full four lane divided roadway section of Wilmeth Road ("Future Wilmeth") from its intersection with McDonald Street transitioning to a two-lane roadway as it crosses the Dallas Area Rapid Transit railroad right-of-way, including a large drainage culvert near McDonald Street, as well as traffic signal and intersection improvements at McDonald Street.
* The Chapter 380 Agreement contains a number of milestones that must be met by the Developer which will trigger the City's obligation to reimburse the Developer for up to $8,200,000 in actual costs for the Developer's design and construction o...
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