Page 83 - Microsoft Word - FY 2022 Adopted Budget Document
P. 83
Business Plan Return to Table of Contents
to
Return
Contents
of
Table
In October 2019, the NMOH Museum announced that
Arlington would be the home of their new museum. The UPS Date
site will be in the Entertainment District. Building Permit Issued Aug. 2017
Certificate of Occupancy Issued Pending
United Parcel Service (UPS), Inc.
Type: Regional Distribution Center Main 7 Date
Capital Investment: $200 million Building Permit Issued Dec. 2020
Size: 1,100,000 sq. ft. Certificate of Occupancy Issued Pending
Employees: 1,400
Deal: The Arlington City Council approved a Chapter 380
PHC Equities, LLC Date
grant that provides a tax rebate of 85% over seven years Building Permit Issued Pending
on business personal property.
Certificate of Occupancy Issued Pending
Main 7
Type: Housing Development
Capital Investment: $14.7 million
Townhomes: 53
Deal: The Arlington City Council approved a Tax Increment
Reimbursement Agreement by and between Savannah
Main 7, LLC relative to the construction of the
development at the corner of W. Main Street and Cooper
Street in June 2020.
PHC Equities, LLC.
Type: Industrial Warehouse and Office Facility
Capital Investment: $15‐20 million
Size: 162,000 sq. ft.
Employees: 50
Deal: The Arlington City Council approved a Chapter 380
grant agreement that provides a tax rebate of 80% over
seven years on real property.
FY 2022 Adopted Budget and Business Plan 72 City of Arlington, Texas