SECTIONS
By Will Busby
Mansfield Record
The Mansfield City Council approved a resolution between the city, the Mansfield Economic Development Corporation and High Five Entertainment LLC as the first step to bringing the entertainment complex to Mansfield.
Austin-based High Five Entertainment provides a unique experience of dining, games, and fun for the whole family. The company has two locations in the Austin area, and Mansfield would be its third.
Mansfield Mayor Michael Evans said a request for an entertainment center has been the top ask from Mansfield residents.
“An entertainment center has been the No. 1 request from our residents for a long time,” Evans said. “Residents of all ages should be excited to get a place to play, have fun and create memories here in Mansfield”
The agreement passed at the July 24 council meeting outlines MEDC incentives for the deal of up to $6,250,000. The proposed land is outlined in the resolution at the corner of Texas 360 and Lone Star Road. The site plan and final location of the project will require City Council approval during a regular meeting, which is expected to occur in September.
This agreement provides a cash incentive of $6 million and the land will be conveyed for $1. Upon opening, the company must produce a minimum annual sales tax threshold of $750,000 in local sales taxes. If High Five falls short in any given year, they will pay the city the difference. The agreement continues for 20 years.
Should the project move forward, the agreement states the first $1 million will be paid to High Five Entertainment within 30 days of signing the contract. Then the other $5 million would be paid within 30 days of the commencement of construction.
The final $250,000 would be paid from General Fund Sales Tax Revenue as a one-time payment for materials incorporated into the construction of the establishment.
The city says they expect this location to bring up to 50 full-time jobs, and while there isn’t a date set for groundbreaking, they anticipate that it would be soon. The hopeful completion date is sometime in 2024.
The MEDC agreement with High Five Entertainment states that the first two floors will be completed at the company’s expense, with 45,000 square feet devoted to a restaurant, entertainment and bowling lanes.
There is also to be a 50,000 square-foot miniature golf course and other activities, such as laser tag and arcades.
The third floor and roof space is yet to be determined and will be confirmed in a future amendment to the agreement. The resolution states that 30,000 square feet of concert space will connect to the city’s conference center, or what is referred to as Project Mansfield Live Floors.
Jason Moore, with the City of Mansfield Economic Development Department, says this project could lead to a prominent entertainment district.
“The city is excited to partner with High Five on what we believe to be the catalyst for a major entertainment district here in Mansfield,” said Moore. “The agreement contemplates flexibility in many ways regarding the High Five construction, such as parcel location, land-use adjacency and a potential entertainment venue built above its roof.”
While this project still has a few more boxes to check within the next two months, the Mansfield City Council should have more information to consider for final approval.
“Over the next 60 days, the city will continue working on these details with High Five and will present options to City Council for consideration,” said Moore.
High Five Entertainment didn’t respond to a request for comment.
Mansfield, Texas, is a booming city, nestled between Fort Worth and Dallas, but with a personality all its own. The city’s 76,247 citizens enjoy an award-winning school district, vibrant economy, historic downtown, prize-winning park system and community focus spread across 37 square miles. The Mansfield Record is dedicated to reporting city and school news, community happenings, police and fire news, business, food and restaurants, parks and recreation, library, historical archives and special events. The city’s only online newspaper launched in September 2020 and will offer introductory advertising rates for the first three months at three different rates.
The Mansfield Record is the only local newspaper serving Mansfield, Texas. Established in 2020, the Mansfield Record is bringing the focus back where it should be.
