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GARLAND CITY COUNCIL STAFF REPORT
			Agenda Item 8.
City Council Regular Session
Meeting Date: 05/21/2024   Title:    Request for Development Assistance from Scout Cold Storage Dallas, LP (Building C) Submitted By: Ayako Schuster Strategic Focus Area: Growing Economic Base
Issue/Summary
Council is requested to consider a development incentive request from Scout Cold Storage Dallas, LP. in regards to a proposed cold storage redevelopment project.
Background
Scout Cold Storage Dallas, LP plans to demolish an existing 40,000 square foot dry storage facility and build a new 132,600 square foot cold storage facility (‘Building C’). This new facility will become part of the larger 52.295 acre site at 2600 McCree Rd, adding to the approximate 922,851 SF of industrial space on the site. The development will involve approximately $22.8 Million in capital investment. This is in addition to the conversion of Building B, also being considered for incentives separately.
Consideration / Recommendation
Approval of the incentive agreement with Scout Cold Storage Dallas, LP. Agreement includes a rebate of roadway impact fees up to $40,000 for Building C.
Attachments Proposed Economic Development Incentive Agreement

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