Brownwood City Council members will consider approving a financial incentive agreement Tuesday with United Supermarkets, which has tentative plans to build 42,000-square-foot grocery on the site that formerly housed Holley Auto and later Bruner Auto.
Details of the financial incentives the city and Brownwood Economic Development Corp. are proposing to offer were not available Friday. The BEDC board and the council will discuss the proposed agreement in executive sessions Tuesday morning.
The BEDC will meet at 8 a.m., and the council will meet at 9 a.m.
Mayor Stephen Haynes said earlier that the city involved in negotiations with the Lubbock-based company but said it was "not a done deal" for United to come to Brownwood. Haynes said the company had a proposed agreement with the Holley family to buy the property.
In an email to the Bulletin, United spokesman Eddie Ownes said the project "is still in the due-diligence phase on our side."
One of the most significant steps for United to complete is obtaining corporate approval from Albertson's, which recently closed a $385 million purchase of United.
"We recently became a wholly-owned subsidiary of Albertson's, so that is an important part of our process now," Owens said. "Our plan is to construct a new store from the ground up, so we would not use any existing facilities on the property. Right now, our plans call for a store in the 42,000-square-foot range, and it would be under our United Supermarkets banner.
"It's too early to know what our construction timeline might be, but we're certainly excited about the prospects of becoming a part of the Brownwood community."
Owens said by email he did not have details on the status of United's purchase of the Holley property.