“We call it economic gardening. You plant the seeds, you help them grow, and then you hope that they’ll want to stay here.”
Jason Moore
Executive Director
Mansfield Economic Development Corporation
.…on an incubator space to be featured in Hoque Global’s $50M mixed-use development in downtown Mansfield, via Dallas Business Journal.
Dallas’ Hoque Global plans to build a $50 million mixed-use development in downtown Mansfield, the DFW suburb south of Arlington, with 249 residences, nearly 12,000 square feet of retail, office, and restaurant space, and a nearly 8,000-square-foot civic plaza, the DBJ reports.
In a conversation with Moore and Todd Tonore, Mansfield’s Mayor Pro Tem and Chairman of the Historic Downtown Mansfield Revitalization Subcommittee, the DBJ explores how “one of the oldest historic downtowns” in North Texas is about to get rebuilt.
And one of those ways is through an incubator space that’s part of the project.
“Getting a small business started [is difficult], and yet, most of our businesses in the United States are technically small businesses,” Moore tells the DBJ. “That’s where a lot of our GDP comes from. So how do we foster that growth?”
That’s where the economic gardening comes in.
“You have those amenities and things for them to want to stay here and grow, and we’ve seen that with several of our companies,” Moore adds. “They’ve offered to partner with us on these innovation spaces because they want to continue to see that for other companies in the city.”
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R E A D N E X T
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The Dallas City Council recently approved up to $31.4 million in tax increment financing for the first phase of the Dallas-based developer's planned mixed-use development near the UNT Dallas campus. University Hills could ultimately include 1,500 multi-family units, hundreds of single-family homes, 1.5 million square feet of commercial properties, and more than 50 acres of green space.
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