Page 177 - Haltom City Budget FY21

CITY OF HALTOM CITY aNNUAL BUDGET, FY2021 SUPPLEMENTAL INFORMATION

Haltom City continued to grow through the 1960’s and economic opportunities. The City was also a founding
the City’s population reached 28,000 by 1970. Growth member of the Northeast Tarrant County Chamber of
during the 1970’s was more modest as developments Commerce in 1968. The Chamber, located in Haltom
to the east around the Dallas-Fort Worth airport
drew residential and commercial development. City, works for business development in Haltom City,
North Richland Hills, Richland Hills and Watauga.

Haltom City was rediscovered as a place to live in
the 1980’s. Despite the recession of the early 1980’s
and the real estate bust of the late 1980’s Haltom City
grew from 29,000 in 1980 to nearly 33,000 in 1990.
The north end of town, north of Loop 820 became
a focal point of real development in the 1990’s and
the population in the City climbed to 39,000 in 2000.

Today the City is home to an estimated 42,740
residents and some 3,468 businesses. Estimates by
demographic experts are that the City is 88% developed
and should achieve build-out prior to 2030. The
population at build out is estimated to reach 44,000.
In 2006 the City engaged a firm to assist in the
creation of a redevelopment plan for the Belknap
Street Business Corridor. This community focused
The composition of the population has changed effort will include participation by businesses along
markedly over the years. For much of its early Belknap as well as nearby residents in order to
history Haltom City was primarily white. Since the develop a vision for a revitalized business sector.
more recent growth spurt of the past 25 years the The master plan was completed during 2007 and
demographics have changed. The 2010 Census continued through review by Boards, Commissions
indicates Hispanics make up 39% of the population and the City Council during 2008. The plan is now
and Asians another 8%. African-Americans a component of the City’s 2009 Comprehensive
comprised 4% of the population and whites 47%. Land Use Plan (CLUP). In FY2013 the realignment
of the intersection of Belknap and Denton Highway
will enhance the traffic patterns in the corridor
and create new redevelopment opportunities.
City is the Sara Lee (Hillshire Brands) plant responsible
for the State Fair Corndogs and Medtronics, a major
medical supplier. Today, Haltom City is the location
of a rapidly growing Asian community and a vibrant The long-awaited expansion of Loop 820 presents
Asian commercial district, which is redeveloping for Haltom City a unique opportunity for new

Belknap Street on the south side of Haltom City. development in the last large open space in the City

has completed in FY2017. Improved access from
the widening project will make the property on both
the north and side sides of the highway attractive for
Haltom City, by virtue of its strategic location in development. Business campuses are envisioned
Tarrant County, is attractive for new development for the area along with a possible town center. New
and redevelopment. The City created the Haltom exciting additions to the Loop 820 corridor include
City Economic Development Corporation in 1995 High Pointe Development, Grand on Beach, Haltom
in order to provide for cultural, recreational and City Business Park and two Marriott Flag Hotels.

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