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Invest in Our Economy
Goal 1: Enhance Economic Impact Through Development and
Redevelopment Efforts, Partnerships, and Investment Opportunities
Objective 2: Build a Strong and Diverse Business Community
Project Performance Measure(s) City Service Team (Department)
IOE Economic Development Recruitment Leads Economic Development and Capital
1.2.6 Projects Leads to Prospects Investment (ED)
On‐Site Business Visits
Summary:
Urban Union Date
To build and sustain Arlington’s tax base, Economic (Phase 3)
Development staff will remain focused on developing Building Permit Issued May 2018
Arlington’s remaining greenfield sites with the highest and Certificate of Occupancy Issued Sept. 2019
best uses. Additionally, redevelopment efforts will continue Urban Front Date
within the Entertainment District, Great Southwest Industrial (Phase 4)
Park, and Downtown and Lamar‐Collins areas, among other Agreement Drafted Mar. 2020
areas identified as suitable for redevelopment. Per the
Agreement Approved by TIRZ June 2020
Economic Development Strategy, redevelopment projects will Board.
be supported and prioritized when considered as Agreement Approved by Council June 2020
transformational and having high community impact, both First Amendment to Purchase Sept. 2020
being primary economic development goals for the City.
Option Agreement
These projects must be game changers, introducing new Building Permit Pending
product into an unproven area, have the ability to stimulate
future change, and must be a desired use.
Columbia Medical Center of Date
Urban Union Arlington (MCA) Project
Building Permit Issued (Phase I) May 2016
Type: Redevelopment of buildings near the intersections of
Division St., East St., and Front St in Downtown Arlington Certificate of Occupancy Issued June 2019
(Phase I)
Capital Investment: $20 million
Size: 60,000 sq. ft. Building permit Issued (Phase II) July 2016
Deal: Located in Tax Increment Reinvestment Zone #1, the Fire Permit Dec. 2020
project will receive TIRZ #1 funding to assist in the public Fire Permits Issued Feb. 2021
improvement costs associated with the development. Phase II Project Complete (CO Pending
Issued)
Update:
The developer for Urban Front has been working to identify General Motors Date
new tenants for the new spaces that will be created. A new Building Permit Issued June 2013
professional office building has been approved by the TIRZ #1 Certificate of Occupancy Issued Oct. 2019
Board will serve as a catalyst for the completion of the Urban Sewer Line Design Complete Pending
Front Development. Conveyor Line TBA
Columbia Medical Center of Arlington Subsidiary, LP (MCA) Medal of Honor Museum Date
(Healthcare/Medical) Architecture Firm Selected Jan. 2020
Type: Medical Hospital Board of Directors Selected Jan. 2020
Capital Investment: $90 million Lease Agreement Jan. 2021
Size: 20,000 sq. ft. expansion Zoning Approved Pending
Employees: 50
Building Permit Issued Pending
Deal: The City provided a real property tax abatement to Certificate of Occupancy Issued Pending
offset some of MCA’s construction costs.
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