PEDC signs performance agreement with Precision Landscape

PROSPER (February 28, 2011) Prosper’s economy got a shot in the arm recently as the Town Council approved a Prosper Economic Development Corporation (PEDC) Performance Agreement as well as a Town of Prosper Chapter 380 grant to Precision Landscaping Management, L.P., according to Town Manager Mike Land, who is also serving as PEDC Interim Director.

A Chapter 380 grant is a reference to Chapter 380 of the Texas Local Government Code which authorizes Texas municipalities to provide financial assistance to private companies for the purpose of stimulating economic development. The PEDC is a 4A Economic Development Corporation and collects one-half cent sales tax designated for assisting businesses with certain infrastructure needs, as in this case.

The Performance Agreement and the Chapter 380 grant were designed to support the landscape company’s new Prosper location by funding a number of infrastructure improvements.

Precision Landscape Management (PLM) provides comprehensive landscape services to commercial clients. Established in 1979, the firm’s area of specialization is the year-round maintenance of commercial properties using “green” commercial practices. The company not only encourages recycling and water management with their clients, but is also known for designing and implementing sustainable landscape architecture.

Currently, the company’s only location is a seven-acre site at Valwood Parkway and I-35 in Dallas and employs more than 250 full-time landscape professionals. The company operates a fleet of more than 100 vehicles and 1,000 pieces of equipment. All equipment is maintained on a regular schedule by a staff of trained mechanics.

PLM purchased the former Bruce Miller Nursery site at 555 Prosper Trail and has rezoned the property to accommodate their business model. The company has begun to remodel the existing buildings and is embarking on some new construction as well. Overall the new location’s footprint will be over 5,000 square feet. Plans call for the hiring of approximately 55 new employees at this location.

The company is owned and operated by CEO Bruce Birdsong and his family. “The Prosper EDC Board is extremely excited about the decision by the Birdsong family to locate their second plant in our community. While the impending Preston Road expansion as well as the construction of the Dallas North Tollway through Prosper is attracting lots of attention, we believe that our aggressiveness with programs like performance based grants is what the business community sees and understands,” said Land.

Birdsong also expressed excitement with the new facility and had words of praise for the way the Town pushed the process along. “The Town staff has been very helpful with the expansion of my business, they have provided great customer service and taken the time to explain the process and anticipate future needs that we might have,” he said.

The Prosper location will be fully operational later this spring.