The Leeds City Council is ramping up plans to develop the 100 acres they own at a prime location off Exit 140 at Interstate 20.
At the last two regularly scheduled meetings, the council approved a Memorandum of Understanding with two firms to work on the city’s behalf to find developers that will bring the best projects for the community to that 100 acres.
The MOUs are not contracts and have no fees attached. They are agreements with boundaries set to guide firms toward deals the city wants to make for the land the city received in a swap deal with landowner U.S. Steel.
City officials have discussed looking for big-box retailers and restaurants or other separately built stores as outparcels. They also have plans for a sports complex.
The City Council did not discuss at their meetings any details about either MOU.