Grand Prairie Votes Yes On $75 Million Economic Development Bond

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Grand Prairie Bond

Grand Prairie Passes Proposition A, $75 Million Bond For Economic Development

Grand Prairie voters said yes to the $75 million dollar Economic Development bond with 57% of voters in favor of Proposition A. The funds are expected to be split in the following ways: $50 million for development of conference hotel facilities in Epic Central; $15 million for restaurant shells in Epic Central; the balance would be invested in downtown with funds spent to purchase land and buildings for economic development.

Current plans would be for Grand Prairie to build two hotels with a connecting conference center. According to Mayor Ron Jensen, the State of Texas is providing Grand Prairie an incentive to build these projects by giving GP back their 6.25 percent sales tax and all sales tax generated at the Hotels and conference center along with anything else located within 1,000 feet of the hotels/conference center.

“This will conservatively return $25,000,000.00 back to us over the 10 years set they do this. $25mil. That does not include the sales tax we normally get, the rent from the restaurants and the revenue from the hotels/conference center. As you can see, the revenue generated will exceed the cost of the bond payments and actually help our tax base,” wrote Mayor Jensen on Facebook.

Grand Prairie Wants Epic Central Area To Become Entertainment District

Grand Prairie has two bills that could impact the city’s revenue House Bill 2127 / Senate Bill 1284. The bills would allow Grand Prairie to establish an entertainment zone encompassing the hotels, new restaurants along with the new Chicken n Pickle and the lakes and grand lawns.

Why is that important? Well, this would allow patrons to carry their alcoholic drink anywhere inside this zone. Instead of having to leave your beer, wine or cocktail at the restaurant where it was purchased. This is important because we will have some sort of entertainment feature on the lake and will have bands playing on the stages set up on the lawn. Both Sundance square in Fort Worth and Texas Live in Arlington have this legislative approval.

Grand Prairie election results

Grand Prairie City Council Election Results

David Espinosa won re-election for GPISD School Board District 5.

City Council District 8 candidates Greg Giessner and Steve “Junior” Ezeonu will be in a runoff as will District 6 candidates Kurt Johnson and Jeff Wooldridge.

The runoff election will be on Saturday June 5th.

 

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Kristin Barclay
Kristin Barclay graduated from the University of South Carolina with a major in Journalism and Advertising. Throughout her career, Kristin has demonstrated a passion for storytelling and a commitment to providing accurate, timely, and informative news coverage. She has a deep understanding of the issues and concerns facing local communities and has earned a reputation as a trusted source for reliable news and information. In addition to her work as an editor and journalist, Kristin is also a skilled writer and has written articles on a wide range of topics, including politics, business, education, and culture. She has a keen eye for detail and a talent for crafting compelling stories that engage and inform readers. Kristin is also an active member of the community and has volunteered her time and resources to numerous organizations and causes. She believes in the importance of giving back and making a positive impact on the world around us. In addition to her professional accomplishments, Kristin Barclay is also a passionate advocate for local journalism and the role it plays in keeping communities informed and engaged. She believes strongly in the importance of supporting local news outlets and is dedicated to ensuring that quality journalism remains a vital part of our society. Outside of work, Kristin enjoys traveling both for business and pleasure. She loves exploring new places, meeting new people, and experiencing different cultures. Whether she's on a business trip or a vacation, Kristin is always eager to discover what makes each place unique and special. Kristin's passions include boots, bourbon, dogs and college football. She is a self-proclaimed boot aficionado and has an impressive collection of cowboy boots that she wears with pride. She also enjoys sipping on a good bourbon and spending time with her husband and beloved border collies. Last but certainly not least, Kristin is the proud mother of two children who bring joy and meaning to her life. She is deeply committed to being a loving and supportive parent, and her children are her greatest source of inspiration and motivation