The Fort Harrison Reuse Authority voted to approve Resolution 2025‑07 on Nov. 17, authorizing a project agreement with Rebar for a proposed mixed‑use development tentatively called The Overlook at Fort Bend at the corner of Lee Road and Memorial Parkway.

The authority’s presiding speaker said the reuse authority would contribute a portion of property it acquired earlier this year, make a small cash investment and pledge tax‑increment financing (TIF) for the project. The speaker said there remain several steps before closing and that staff hopes to close "next August," a date that was not specified to indicate year in the record.

Board members discussed no additional details in the meeting transcript before proceeding to a vote. The board confirmed that member Zach would recuse himself from the vote because of a relationship between the developer and Mr. Banks’ employer; Zach acknowledged the recusal. With Zach recused, the authority approved Resolution 2025‑07 by a 3‑0 vote.

The board also authorized a separate engagement agreement for Barnes & Thornburg to serve as FHRA’s TIF counsel for the Rebar development. The engagement was described as a standalone agreement to be paid from the project’s cost of issuance; members approved that engagement by unanimous vote.

What the board approved in the meeting record was authorization to enter the project agreement and to pay for TIF counsel as part of project issuance costs. The record does not include final project financing details, the total public contribution, dates for construction or full design plans, nor a definitive closing month year beyond the comment that staff hopes to close "next August."