Summary
EquipmentShare is planning a massive 400,000-square-foot distribution center in Denton, bringing 136 jobs and over $246 million in capital investment. To help offset infrastructure and road extension costs, the board recommended a Chapter 380 incentive package worth up to $926,975.
At a glance
- Total mentions
- 1
- Last 30 days
- 1
- Importance
- 10
Rising — being discussed more frequently. 1 mention in the last 30 days.
Impact analysis
The city will provide up to $926,975 in incentives while gaining an estimated $1.03 million in new net city revenue over 10 years.
Denton residents gain 136 new jobs with competitive wages, and the wider area benefits from extended infrastructure and increased commercial property values.
Mentions & discussions (1)
Related development
EquipmentShare Distribution Center
Brings $246 million in capital investment, 136 new jobs, and funds necessary local road and infrastructure extensions.
EquipmentShare Chapter 380 Incentive Agreement
Aims to attract business investment and job creation to Denton with performance-based safeguards.
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