Title
Resolution - A Resolution of the City of Mansfield, Texas, Selecting Neltex Development Pursuant to Texas Local Government Code Ch. 271, and Authorizing the City Manager, or his Designee, to Negotiate an Exclusive Negotiating Agreement Between the City of Mansfield, Texas, and Neltex Development for New Public Facilities at the Lone Star 360 Development; and Providing an Effective Date
Requested Action
Consider Approval Selecting Neltex Development
Recommendation
Approve the Selection of Neltex Development Pursuant to Texas Local Government Code Ch. 271, and Authorizing the City Manager, or his Designee, to Negotiate an Exclusive Negotiating Agreement Between the City of Mansfield, Texas, and Neltex Development for New Public Facilities at the Lone Star 360 Development; and Providing an Effective Date.
Description/History
Since December 2021, staff has been working on a potential sports and entertainment development, also known as Harvest Point. As part of the process, staff has worked with Neltex Sports as a potential operator of the multi-sports venue to deliver USL Men's soccer, Professional Rugby, and concerts and events, among other potential offerings. As of last fall, 2022, City Council authorized an agreement between the City and Hunden Strategic Partners to study the market feasibility, economic impact, and financial requirements to deliver on the Harvest Point mixed-use development.
The results of the study illustrated sufficient demand to move forward in the process and as a result, staff issued a Request for Qualifications for infrastructure developers to propose on regarding the development of the public infrastructure. This included the stadium itself, potentially a conference center, and a performing arts center, as funding would allow.
Staff received two fully responsive proposals from Hunt and Neltex. Each group provided their similarly constructed projects and approach. While both proposals represent extremely qualified dev...
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