LITTLE ELM, DENTON COUNTY - Holt Caterpillar received a 50 percent tax abatement from Denton County Commissioners. The approval clears the way for work to begin for a 50,000-sf dealership and support buildings at the southeast corner of FM 1385 and US Hwy. 380.
Holt Caterpillar expects an initial capital investment of $11.5 million with anticipated taxable annual sales of $28 million.
The initial phase of the project will use about 25 acres of the 42-acre property.
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