New Braunfels considers $3M in tax breaks to lure in Topgolf

Topgolf News

New Braunfels considers $3M in tax breaks to lure in Topgolf
New Braunfels City CouncilBuc-EeTexas Department Of Licensing And Regulation
  • 📰 ExpressNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 22 min. at publisher
  • 📊 Quality Score:
  • News: 83%
  • Publisher: 51%

Topgolf is considering an $18 million facility in New Braunfels, if the city OKs $3 million in tax breaks for the company and developer.

New Braunfels is considering $3 million in tax breaks to lure a new $18 million Topgolf facility to its Creekside commercial area east of Interstate 35 . The New Braunfels City Council is scheduled to discuss the proposed agreement at a meeting Monday, but it is not yet scheduled to vote on the measure. Topgolf , which has more than 80 sites around the country, bills itself as a “sports entertainment complex” offering a high-tech golf game with food and drinks.

New Braunfels council OKs funding to buy downtown HQ from NBU Discussions with Topgolf have been ongoing since at least 2019, New Braunfels city staff wrote in a report to the City Council. “While Top Golf expressed some initial interest, there were questions around market and site viability that have since been resolved through negotiations on economic development incentives, as well as a plan to make a site ready for the proposed project,” the report said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ExpressNews /  🏆 519. in US

New Braunfels City Council Buc-Ee Texas Department Of Licensing And Regulation NBU Neal Linnartz Lawrence Spradley L.P. New Braunfels Creekside Interstate 35 Interstate 10 Austin Loop 1604 San Antonio North Side Creekside Town Center Tax Increment Reinvestment Zone Tax Increment Fund FM 306 A-L

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New Braunfels council OKs funding to buy downtown HQ from NBUNew Braunfels City Council approves $4.55 million plan to buy downtown headquarters from New Braunfels Utilities.
Read more »

Here's how to vote on new art on North New Braunfels bridge muralCommunity members can choose their favorite art pieces among 25 choices from artists across Bexar County
Read more »

New Braunfels native helped bring new Pixar animated movie Inside Out 2 to lifeNew Braunfels native helped bring new Pixar animated movie Inside Out 2 to lifeNew Braunfels native Jacob Brooks lets his 12- and 14-year-old sons know that back when he was a kid,
Read more »

Topgolf opening new location in North TexasTopgolf opening new location in North TexasThe rap star posted on Instagram that he dropped a $500,000 bet on Dallas to win the NBA Finals over the Boston Celtics.
Read more »

New Braunfels prepares for bustling summer amid accolades and water level concernsNew Braunfels prepares for bustling summer amid accolades and water level concernsSAN ANTONIO - As Memorial Day approaches, signaling the unofficial start of summer, officials in New Braunfels are bracing for what they anticipate to be their
Read more »

Reagan baseball evens playoff series with New BraunfelsThe Reagan Rattlers scored nine runs in the second inning to beat New Braunfels 9-5 in their 6A baseball third round playoff series.
Read more »



Render Time: 2025-02-15 04:17:30