Specialty Retail & Restaurant Incentive Program

The City of Corinth (the “City” or “Corinth”)) seeks to recruit new, unique, and specialty retailers and restaurants that help to differentiate Corinth from dining and entertainment venues in other communities within the Dallas Metroplex and to contribute to the City Council’s overall vision of enhancing quality of life for Corinth’s residents. The City establishes this Specialty Retail & Restaurant Incentive program to serve the community’s desires for attracting unique, quality retailers and restaurants that do not already have a strong presence in the marketplace.
 

Incentives are targeted to the following types of retailers and restaurants:

1. “Destination” retailers and restaurants that

1. Have the capability to attract customers from outside the community;
2. Do not have another existing location within a 5-mile radius; and
3. Fit well into the existing retail/restaurant economy to provide new and different shopping and/or dining and entertainment experiences.
4. Local, regional, and national retailers or restaurants may apply if qualified under subsection (a), (b), and (c) above.

2. Developers/Shopping Center Owners leasing space to destination retailers and restaurants may apply.

* In order to qualify for incentives, specialty retailers and/or restaurants are required to sign a minimum five (5)-year lease with the Developer/Shopping Center Owner, no matter which party is the applicant and potential recipient of the incentive.