The government’s version of pay-to-play is when a locale offers incentive packages to companies or developers to build a major project in that town. For Goldenrod Cos., Fort Worth has come to play.

The City of Fort Worth will weigh an incentive program for two projects by Goldenrod Cos.’ in the city, representing $400 million in mixed-use development between the pair. The Dallas Business Journal reports the incentives total $30 million over a 15-year period. In return, Goldenrod will agree to spend at least $300 million out of the total in hard construction costs and 15% of its construction costs on minority, disadvantaged and women-owned businesses. 

Goldenrod plans to build two projects with a total of 195,000 square feet. The Van Zandt to go in on the 2800 block of West 7th Street will feature 95,000 square feet of office space, 10,000 square feet of retail and 226 multifamily units. One University, on the 3000 block of Morton Street, will bring 100,000 square feet of office space, 10,000 square feet of retail, 240 multifamily units and a 175-key Autograph Hotel.