Page 387 - Microsoft Word - FY 2020 Adopted Budget Document

Southwest Restaurant Equipment, Inc. (SWR) Southwest Restaurant Equipment Status
Southwest Restaurant Equipment, Inc. (SWR) Agreements Drafted Complete
Type: Warehouse, Retail Center and Class A Office space City Council action – Tax Abatement Complete
Address: 2909 E. Arkansas Lane Agreement/Fee Waivers
Capital Investment: $10 million Agreements Fully Executed Complete
Size: 55,000 sq. ft. 60,000 SF Building Permit Issued Complete
Employees: 20 Project Complete (CO Issued) Pending
Deal: In 2016, the City provided an abatement associated
with the $10 million real property improvements for the
Kroger Marketplace Status Date/Target
new facility.
CH 380 Agreement 100% Apr. 2016
Amendments: In December 2017, City Council approved a
Executed
one‐year extension for the completion deadline.
Construction Complete 100% Jan. 2019
Update: The developer is waiting on a final inspection to Certificate of Occupancy 100% Apr. 2019
apply for a certificate of occupancy (CO). Construction of Issued
the facility is almost complete and will be open for
business in late October 2019. The developer and his staff UPS Status Date
are interested in leasing office space to start‐up companies City Incentive 100% Mar. 2016
and aspiring entrepreneurs who are looking to grow their Agreements Drafted
business in Arlington. They have a unique model to Council Action on 100% Mar. 2016
support company growth and sustainability. There is Incentive Agreements
interest in the Class A office space that has been created, Agreements Executed 100% Apr. 2016
and negotiations are currently in the works in anticipation Building Permit Issued 100% Aug. 2017
of receiving the CO to officially open. Under Construction 99% Sept. 2019
Certificate of Occupancy
Kroger Marketplace Issued
Type: Upscale Grocery Store
Capital Investment: $2.6 million
Size: 123,000 sq. ft.
Deal: The City provided a Chapter 380 program agreement

to cover costs related to the Sublett Road and U.S.

Highway 287 roadway improvements.
Amendments: In 2017, the agreement was amended to
provide and extension of the time to complete roadway
improvements, construction of the project, deadline to

obtain COO and deadline to increase taxable value.

Update: This project is complete.

United Parcel Service (UPS), Inc.

Type: Regional Distribution Center

Capital Investment: $200 million
Size: 1,100,000 sq. ft.
Employees: 1,400

Deal: The Arlington City Council approved a Chapter 380

grant that provides a tax rebate of 85% over seven years
on business personal property.

Update: Plans have been submitted and approved to

resume work on the second driveway and truck staging

area to the southeast of their facility. The additional
driveway is necessary to support better ingress/egress
from the building to the truck staging area and alleviate

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