Real Property Acquisitions
Summary
The Temple Revitalization Corporation sold a 2.5-acre city property along I-35 to Cotton Real Estate Ventures for $1,635,000. The developer plans to build a new sit-down restaurant, adding dining options and boosting economic activity in the corridor.
At a glance
- Total mentions
- 11
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Aug 18, 2026.
Impact analysis
The city will receive $1,635,000 from the sale, minus agreed closing costs, which will be transferred to Reinvestment Zone No. 1.
Temple residents and visitors gain a new sit-down restaurant and enhanced commercial amenities along the I-35 corridor.
Mentions & discussions (14)
Parks and Recreation Advisory Board (Regular) - Aug 18, 2026
The city is considering a donation of land to be turned into a nature park. This could mean more green space for residents to enjoy in the future.
City of Temple rescinds offer to buy animal rescue after identifying new property for storage tank
City of Temple rescinds offer to buy animal rescue after identifying new property for storage tank KCENTV.com
‘I’m too old to start over’: Temple mobile home park residents face uncertain future after city purchases property
‘I’m too old to start over’: Temple mobile home park residents face uncertain future after city purchases property KWTX
Pearl's Place Animal Rescue in Temple, Texas, losing property to eminent domain
Pearl's Place Animal Rescue in Temple, Texas, losing property to eminent domain KWTX
‘We’re not moving without our animals’: Temple rescue losing property to eminent domain, battling for fair compensation from city
‘We’re not moving without our animals’: Temple rescue losing property to eminent domain, battling for fair compensation from city KWTX
'I want the city to be fair' | Temple animal sanctuary owner fights for fair compensation as city seeks property
'I want the city to be fair' | Temple animal sanctuary owner fights for fair compensation as city seeks property KCENTV.com
Temple family fears city development plan could cut through long-time homestead
Temple family fears city development plan could cut through long-time homestead KXXV
Congregation of Longview Jewish temple proposes donating historic property to city
Congregation of Longview Jewish temple proposes donating historic property to city KLTV.com
Temple Revitalization Corporation Meeting - Apr 2, 2026
The Temple Revitalization Corporation sold a 2.5-acre city property along I-35 to Cotton Real Estate Ventures for $1,635,000. The developer plans to build a new sit-down restaurant, adding dining options and boosting economic activity in the corridor.
City Council Workshop - Mar 5, 2026
The council met in private sessions with the City Attorney to get advice on ongoing legal issues and potential property purchases. These discussions are confidential to protect legal strategy and negotiations.
Temple Revitalization Corporation Meeting - Mar 5, 2026
The corporation is purchasing a property on Industrial Boulevard in the Garden District. This acquisition is part of their ongoing efforts to improve the area, with an estimated $190,000 set aside for closing costs.
Temple Housing Residential Corporation Board of Directors Meeting - Feb 25, 2026
The board updated its policy on how it handles selling or disposing of properties. This ensures clear procedures are in place for managing CTHC's real estate assets.
City Council (Special) - Feb 10, 2026
The council reviewed potential purchases of land, likely for future city projects or economic development initiatives. These discussions are confidential to prevent impacting property values or negotiation outcomes.
Central Texas Housing Consortium Board of Directors Annual Meeting - Jan 28, 2026
Resolutions regarding property disposition and fund transfers between properties were approved. These decisions affect how CTHC manages its assets and allocates resources for property maintenance and development.
Related development
503 N. General Bruce Drive Restaurant Development
Brings new dining options to the I-35 corridor and returns the property to private commercial use.
612 Industrial Boulevard Purchase
This acquisition is part of the corporation's efforts to develop and revitalize the Garden District.
1702 Bray Street Listing
This action aims to facilitate the redevelopment of the property by engaging a broker to market it.
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