Page 369 - City of Arlington FY19 Adopted Operating Budget
P. 369

required progress towards completion.  Kroger’s remaining
             work involves applying asphalt under the Highway 287          UPS            Status      Date
             bridge to satisfy TxDOT standards.                   City Incentive         100%    Mar. 2016
                                                                  Agreements Drafted
             United Parcel Service (UPS), Inc.                    Council Action on      100%    Mar. 2016
             Type: Regional Distribution Center                   Incentive Agreements
             Capital Investment: $200 million                     Agreements Executed    100%    Apr. 2016
             Size: 1,100,000 sq. ft.
             Employees: 1,400                                     Building Permit Issued    100%   Aug. 2017
             Deal: The Arlington City Council approved a Chapter 380   Under Construction    98%   Sept. 2018


             grant that provides a tax rebate of 85% over seven years   Certificate of Occupancy
             on business personal property.                       Issued
             Amendment: In April 2018, City Council approved an
             extension of the deadline to complete the project.    Arlington Logistics Center   Status   Date
                                                                 City Incentive Agreements   100%   June 2017
             Update: Building plans are being finalized for submittal.    Drafted
             Equipment is currently being stored onsite in preparation   Under Construction   99%   June 2018
             for the install.  Installation of the conveyor belt system will   CO – Shell Building Issued   100%   Aug. 2018
             begin as soon as the construction work is complete and a   Commercial Building
             certificate of occupancy (CO) is issued.  The parking   Permit
             agreement has been executed, and plans are also being
             designed for additional ingress/egress to the east of the   Rent the Runway   Status    Date
             facility and south of an adjacent business.  The City’s   City Incentive Agreements   100%   Feb. 2018
             Planning and Development Services Dept. has provided   Completed
             necessary feedback to guide the plan development
                                                                 Under Construction       50%    Sept. 2018
             process.  Their goal is to be fully operational by late third
             quarter 2019.

             Arlington Automotive Logistics Center
             Type: Industrial warehouse and supplier park
             Capital Investment: $250 million
             Size: 1.2 million sq. ft.
             Employees: 850
             Deal: The Arlington City Council recreated a reinvestment
             zone for the supplier park property and approved
             economic incentives including an 100% tax abatement,
             public infrastructure improvements and chapter 380 grant.

             Update: A CO has been issued for the shell building. The
             suppliers move‐in date is pending.

             Rent the Runway
             Type: Distribution warehouse
             Capital Investment: $35.2 million
             Size: 300,000 sq. ft.
             Employees:  950
             Deal: In February 2018, City Council voted to reimburse
             65% of ad valorem taxes beginning in 2021.

             Update:
             Rent the Runway is still in the process of making
             improvements to the building. The company is planning to
             start operations beginning in April.




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