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  5. ›Mixed-Use Development on Holford Rd and President George…

City of Garland·Texas

Mixed-Use Development on Holford Rd and President George Bush Turnpike (PGBT)

Closes 7/10/2026$20M – $100MRequest for Proposal
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Description

The City of Garland is seeking a master developer for a mixed-use development on a 13.5-acre site at the intersection of Holford Rd and President George Bush Turnpike (PGBT). The city envisions a high-quality development that will enhance public and private amenities, increase tax revenue, and position Garland as a destination. The development should include a convention hotel, restaurant, retail, residential multifamily, office, family-oriented entertainment, and other destination-based uses. The city is open to considering public participation to support project feasibility and is committed to partnering with developers to deliver strategic incentives. Key points to consider: • The development should be a mixed-use project with a variety of components, including a convention hotel, restaurant, retail, and residential units. • The city is seeking a developer with experience in similar projects and a strong understanding of the local market. • The development should be designed to enhance the surrounding area and provide a positive economic impact on the community. • The city is open to considering public participation to support project feasibility and is committed to partnering with developers to deliver strategic incentives. • The developer should provide a comprehensive cost proposal, including a 10-year cost and revenue forecast model, and identify any requested incentives and their rationale.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Casee Sanders(Contract Specialist)

[email protected]

(972) 205-2423

Key dates

Opened
5/20/2026
Questions due
6/26/2026
Pre-bid meeting
6/3/2026
Site visit
6/3/2026
Closes
7/10/2026

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531000
Solicitation №
REQ00002241 Addendum 2

Budget estimate

$20,000,000 – $100,000,000

The budget for this project is difficult to estimate without more specific information about the development costs, revenue projections, and incentive packages. However, considering the size of the project (13.5 acres) and the city's commitment to partnering with developers to deliver strategic incentives, the budget could be substantial. A rough estimate for the development costs could be in the range of $50 million to $200 million, depending on the scope and complexity of the project. The city's incentive package could include tax abatements, infrastructure investments, and other forms of support, which could increase the budget for the developer. Based on these factors, a possible budget range could be $20 million to $100 million, although this is highly speculative and should be taken as a rough estimate rather than a precise figure.

AI estimate from the solicitation

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