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Council approves amendment resetting AEDC land sale deadlines for Endries Enterprises, 4-0
The council voted 4-0 on Amendment No. 2 to the AEDC's purchase and sale agreement with Endries Enterprises LLC for about 19.97 acres on Axiom Drive in CenterPort Business Park. It moved the effective date to August 1, 2025, extending the deadlines to close, start construction and spend at least $10 million, and the AEDC committed to extend Axiom Drive 75 feet. The memo says the project "experienced delays with funding."[1][2]
Cole StanleyTim ReidDon TippsLes SimpsonDoug NelsonAmarillo Economic Development Corporation (AEDC)Endries Enterprises LLC
What the sources say
- ✓ Verified
Les Simpson moved and Don Tipps seconded item 9.N; it passed 4-0 (Stanley, Reid, Tipps, Simpson). The memo says the AEDC agreed in 2024 to sell the 19.97 acres for $550,000 with a possible rebate of $114,250 if $10 million in capital spending is made, that Endries planned 100,000 square feet of cold storage with a $13 million phase one, and that the AEDC board approved the amendment 5-0 on August 12, 2025.[1][2]
- Acres
- 19.97
- Price
- $550,000
- Rebate
- $114,250
- ✓ Verified
On November 19, 2025 AEDC staff told the board that Endries 'Should be starting construction in January.' No fetched source confirms that construction started.[3]