Amarillo Globe News

AMARILLO, TX — The Amarillo City Commission today directed staff to proceed with the next steps in the redevelopment of downtown, including drafting a formal agreement with Wallace-Bajjali Development Partners for public-private partnership efforts on city-owned land. The recommendation and confirmation of a redevelopment partner for the City followed extensive research and a lengthy due diligence process.

“Redeveloping downtown is crucial to Amarillo’s continued and future prosperity,” says Mayor Debra McCartt. “Selecting Wallace Bajjali as our development partner is a significant milestone among the many steps in this process. Wallace Bajjali is an experienced public-private developer with a record of success and we’re looking forward to the resources and leadership the Wallace Bajjali team brings to the table.” (full story)