Council To Look At Molina’s Deal
The West University Place City Council will discuss whether to bring the popular family-own Molina’s restaurant back to the city, during an executive session scheduled at 6 p.m. Monday.
The council will consider whether to lease city-owned property – across the street from the RecyclExpress recycling center – to the restaurant for a two-story building that would include a restaurant and parking garage. The council met in executive session Thursday night, but made no decisions about the deal, said Assistant City Manager Chris Peifer.
The proposal would bring Molina’s to about an acre of land now leased by the city to Goode Company Seafood across from RecycleExpress, near Westpark between Dincans and Westpark.
“The council took no vote,” Peifer said. “That will be considered during their regular session on Monday.”
Goode Company currently has a seven-year lease on the city property. Molina’s closed its location on Buffalo Speedway last year, to make room for HEB’s new Buffalo Market.
Goode Company currently pays the City of West U about $4,300 per month for its lease on the property.
Under the proposed deal with Molina’s, the resaurant would lease the property from the city of West U for 15 years, with five 5-year renewal options. During the primary terms of the lease agreement, the restaurant would pay $7,000 per month, with a 4 percent increase every two years. The proposed agreement also provides that Goode Company would continue to pay $2,500 per month until construction is finished on the new building.
The deal would include an office and a restroom in the new building, to meet the city of West U’s needs.
The building is expected to be a two-story structure, with a parking garage to accommodate customers of both eateries.
Also Thursday, the West U Board of Adjustment and Zoning and Planning Commission gave the go-ahead for a temporary building to be placed on the campus of West U Elementary School.
“All of the roadblocks have now been removed,” Peifer said. “There will be one temporary building on the rear of the campus as soon as they can get it moved in.”