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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)                 Department(s)
             IOE   Economic Development       Recruitment Leads                 Economic Development
             1.2.6  Projects                  Leads to Prospects
             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            Urban Front            Date
             continue within the Entertainment District, Great                (Phase 4)
             Southwest Industrial Park, and Downtown and Lamar‐     Agreement Drafted            Mar. 2020
             Collins areas, among other areas identified as suitable for
                                                                    Agreement Approved by TIRZ   June 2020
             redevelopment.  Per the Economic Development Strategy,   Board.
             redevelopment projects will be supported and prioritized   Agreement Approved by Council   June 2020
             when considered as transformational and having high    First Amendment to Purchase   Sept. 2020
             community impact, both being primary economic
                                                                    Option Agreement
             development goals for the City.  These projects must be   Building Permit           Pending
             game changers, introducing new product into an unproven
             area, have the ability to stimulate future change, and must
             be a desired use.                                        Columbia Medical Center of    Date
                                                                        Arlington (MCA) Project
                                                                    Building Permit Issued (Phase I)   May 2016
             Urban Union
             Type: Redevelopment of buildings near the intersections of   Certificate of Occupancy Issued   June 2019
             Division St., East St., and Front St in Downtown Arlington    (Phase I)
             Capital Investment: $20 million                        Building permit Issued (Phase II)   July 2016
             Size: 60,000 sq. ft.                                   Fire Permit                  Dec. 2020
                                                                    Fire Permits Issued          Feb. 2021
             Deal: Located in Tax Increment Reinvestment Zone #1, the   Phase II Project Complete (CO   Pending
             project will receive TIRZ #1 funding to assist in the public   Issued)
             improvement costs associated with the development.
                                                                           General Motors           Date
             Columbia Medical Center of Arlington Subsidiary, LP    Building Permit Issued       June 2013
             (MCA) (Healthcare/Medical)                             Certificate of Occupancy Issued   Oct. 2019
             Type: Medical Hospital                                 Sewer Line Design Complete   Pending
             Capital Investment: $90 million                        Conveyor Line                TBA
             Size: 20,000 sq. ft. expansion
             Employees: 50
                                                                       Medal of Honor Museum        Date
             Deal:   The City provided a real property tax abatement to   Architecture Firm Selected    Jan. 2020
             offset some of MCA’s construction costs.               Board of Directors Selected   Jan. 2020

             General Motors (Assembly)                              Lease Agreement              Jan. 2021
                                                                    Zoning Approved              Pending
             Type: Assembly Plant Renovation and Expansion
             Capital Investment: $1.4 billion                       Building Permit Issued       Pending
             Size: 1,200,000 sq. ft.  expansion                     Certificate of Occupancy Issued   Pending
             Employees: 4,000+ retained
             Deal:  To assist GM, the City offered an incentive package
             including tax abatements to real and business personal
             property and fee waivers.
             Medal of Honor Museum
             Type: Museum



             FY 2022 Adopted Budget and Business Plan                                        71                                                                City of Arlington, Texas
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