Energy Tower Developers Cancel Contract With the City of Midland

Energy Tower Developers Cancel Contract With the City of Midland

Staff Report
NewsWest 9

MIDLAND - There won't be an Energy Tower in Midland after all. The developers have pulled out of the project.

The city received the news in a letter around 5 p.m. Wednesday afternoon saying that Energy Related Properties asked to pull out of the deal.

This may not be a total surprise as the developers didn't show up for a presentation at the City Council meeting on Tuesday.

The city canceled their original agreement with them in July.

That happened after the developers changed their plan from one tower to two towers.

They were supposed to submit their final plan to the council by the end of this month to get a new agreement.

In a statement, the city says they appreciated the opportunity to work with Energy Related Properties and it said the developers, which are in Midland, are dedicated to the community.

NewsWest 9 spoke with Midland Mayor Jerry Morales about the fate of the old courthouse.

"What does this mean for Midland? Nothing other than we do retain the county courthouse and the land that it stands on and so, at this time, we don't have any projects on the books for that property," Morales said.

Morales said the City Council will discuss the old courthouse in an October meeting.

He said they will talk about asbestos testing in the building and moving forward with tearing down the building.