Lewisville City Council approves economic incentive agreement with TurboChef Technologies for $5 million facility investment

lewisville city hall
Lewisville City Council approved an economic incentive agreement with TurboChef Technologies on Feb. 3. (Anna Herod/Community Impact Newspaper)

Lewisville City Council approved an economic incentive agreement with TurboChef Technologies on Feb. 3. (Anna Herod/Community Impact Newspaper)

TurboChef Technologies, Inc. will move forward with developing a $5 million facility after Lewisville City Council unanimously approved an economic incentive agreement with the company Feb. 3.

The 31,000-square-foot facility already exists at 301 Leora Lane, Lewisville. According to the incentive agreement, TurboChef Technologies will be required to invest millions of dollars into improving the building to include a state-of-the-art showroom for cooking equipment.

TurboChef Technologies, which was founded in 1991, is a company that produces rapid-cook ovens and other cooking technology geared toward energy efficiency.

As part of the agreement, the city will waive $20,000 worth of permit fee waivers for TurboChef Technologies. The city will also provide the company with about $30,000 in tax incentives during the facility’s construction and another $10,000 over the course of five years, according to the document.

In return, the agreement states that TurboChef Technologies will allow the city to use the facility for quarterly events and business retention meetings. Additionally, TurboChef Technologies will be required to provide cooking demonstrations at one city event each year.


TurboChef Technologies must complete the $5 million of improvements to the facility by the end of this year, according to the agreement.

SHARE THIS STORY
By Anna Herod

Anna Herod covers local government, education, business and the environment as the editor of Community Impact Newspaper's Lewisville/Flower Mound/Highland Village edition. In the past, Anna served as the reporter for Community Impact's San Marcos/Buda/Kyle paper. Her bylines have appeared in the Austin American-Statesman, Hays Free Press and The Burleson Star. She is a graduate of Texas State University's School of Journalism and Mass Communication.


MOST RECENT

Patients need blood every two seconds somewhere in the U.S., Hale said, and Type O is the most in-demand, according to the American Red Cross. (Courtesy Sanford Myers and American Red Cross)
American Red Cross sees urgent need for blood donations

The American Red Cross urgently needs blood donors of all types, according to Jan Hale with the organization's biomedical services department.

The Lewisville Adoption Center and the city of Lewisville will host their annual Paws in the Park event March 28. (Courtesy Lewisville Adoption Center)
Here's 10 things to do in March and April in Lewisville, Flower Mound and Highland Village

From basketball games to easter egg hunts, here are 10 upcoming events.

(Courtesy Adobe Stock)
Improvements to Yucca Drive and Churchill Drive in Flower Mound near completion

Construction crews are nearing completion on the Yucca Drive and Churchill Drive improvements project in Flower Mound. 

Denton County Commissioners Court meetings are held Tuesdays at 9 a.m. at 110 W. Hickory St., Denton. (Anna Herod/Community Impact Newspaper)
Denton County to apply for drug court grant

Denton County will submit an application to Texas Gov. Greg Abbott’s office for a $71,833 grant, which would benefit the Denton County Drug Court Program.

The Garden Ridge Trail is expected to be completed by the end of April. (Photo courtesy city of Lewisville)
Lewisville's Garden Ridge Trail expected to be completed in April

Although the city originally estimated that the project would be completed in February, officials say the project is now on track to be finished in April due to weather delays.

Makers on Main of Lewisville will relocate in March. (Photo courtesy Makers on Main)
Makers on Main of Lewisville to relocate in March

The gift and crafting boutique is set to relocate in March.

SignatureCare Emergency Center opened Feb. 19 in Lewisville. (Brian Pardue/Community Impact Newspaper)
SignatureCare Emergency Center now open in Lewisville

The emergency center, which is staffed with board certified physicians, will be open 24/7 year-round.

Lewisville City Council approved a special use permit Feb. 17 for a hotel planned for Rockbrook Drive. (Anna Herod/Community Impact Newspaper)
Lewisville City Council approves special use permit for hotel planned for Rockbrook Drive

Lewisville City Council unanimously approved a special use permit which will allow Nortex Hotel Group to build a 125-room, four-story hotel on Rockbrook Drive off of SH 121.

Early voting for the March 3 primary elections begins Feb. 18 for Denton County voters.
Denton County 2020 Primary Election Guide

Early voting for the March 3 primary elections begins Feb. 18 for Denton County voters.

Green Truck Cafe opened Feb. 11 in Lewisville. (Courtesy Green Truck Cafe)
Green Truck Cafe opens in Lewisville

The cafe serves a variety of handcrafted coffee and espresso drinks as well as breakfast and lunch.

(Courtesy ReClaim Construction)
ReClaim Construction now open in Lewisville

The business, which was previously located in Frisco, offers general contractor services.

Back to top