Virginia-based CustomInk, a customizable apparel e-commerce company, will soon open its first Central U.S. location in Flower Mound’s Lakeside Business District.
Flower Mound council members Monday night approved waiving $720,852 in taxes for the online T-shirt retailer to create 160 new full-time jobs and generate $4.2 million in revenue to the town over a 20-year period.
“The benefit to the town is 160 people coming to work in Flower Mound, 160 people eating lunch in Flower Mound, 160 people shopping at Lakeside. This is the kind of thing we need to do 100-times over,” said Flower Mound Mayor Tom Hayden.
CustomInk has consistently been ranked on Inc. Magazine’s fastest-growing private companies list and received numerous awards for its customer service and corporate culture for employees.
“CustomInk opening its doors in Flower Mound is a win-win for our community,” said Hayden. “We continue to grow the job base in Flower Mound which strengthens our property values and increases our ability to attract restaurants and retail to our town. Flower Mound is really popping, and the interest in our town is as strong as it has been in decades.”
CustomInk signed a 10-year lease agreement at 1600 Lakeside Parkway for 52,000-square feet of space that will serve as a production and distribution facility. An opening date has not yet been determined.
“CustomInk is just the type of business that will thrive in our community; one that prides itself in producing a great product, providing excellent customer service, and prioritizing its employees,” Flower Mound Town Manager Jimmy Stathatos said. “We welcome them to our community and wish them continued success.”