For the second time, the Bryan city council gives more time to finish construction of the Midtown Park entertainment complex that began with a movie theater, bowling, and restaurant.
The council with no public discussion, approved a second amendment to an economic development agreement at their October regular meeting.
Click HERE to read and download the original development agreement.
Click HERE to read and download the first amendment.
Mayor Bobby Gutierrez, visiting on WTAW’s The Infomaniacs, says the developer is getting more time because it took longer for the city to get within its budget, a $3 million dollar boardwalk at Midtown Park lake.
Gutierrez says there are things at the back of the movie/bowling/restaurant building that can not be completed until the boardwalk is finished.
The first delay was to add indoor and outdoor pickleball, an amphitheater, and an outdoor games area connecting to the boardwalk.
That will increase the minimum appraised value of the property from $19 to $24 million dollars.
The second amendment extended the completion date from December 31, 2024 until September 1, 2025.
The second amendment also says the developer is spending a minimum $37 million dollars to build the complex.
Click below to hear comments from Bobby Gutierrez, visiting with Scott DeLucia on WTAW’s The Infomaniacs on October 9, 2024.