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Seguin launches historic retail development project

September 17, 2024 | Seguin, Guadalupe County, Texas


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Seguin launches historic retail development project
In a recent city council meeting, the Seguin City Council approved several significant initiatives aimed at enhancing local development and infrastructure.

The council first authorized the city manager to execute a purchase and sale agreement for approximately 55.867 acres of land along Huber Road, facilitating the GLO Drainage project. This decision, made following a closed session discussion, is set to be finalized by September 30, 2024.

Next on the agenda was the approval of a performance agreement between the Seguin Economic Development Corporation (EDC) and ajjseguin1, LLC, marking the launch of the Seguin Crossing retail development project. This ambitious project is expected to host major retailers, including Hobby Lobby and James Avery, with anticipated openings by fall 2025. Council members highlighted this as the largest retail development in Seguin in over two decades, emphasizing its potential impact on the local economy.

Additionally, the council adopted a Chapter 380 agreement with ajjseguin1, LLC, further solidifying the partnership for the retail project. The EDC also received approval for an amendment to its fiscal year 2023-2024 budget, which includes funding for infrastructure grants related to the new retail development and a previously approved Chick-fil-A project.

These initiatives reflect a concerted effort by the Seguin City Council to stimulate economic growth and improve infrastructure, positioning the city for future development opportunities.

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Scribe from Workplace AI
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