Page 32 - CityofKennedaleFY25AdoptedBudget

highly accessible location for both major retail and professional office space. This
transportation corridor provides quick and easy access to the Dallas/Fort Worth International
Airport. Downtown Fort Worth is just fifteen minutes to the northwest and downtown Dallas is
less than thirty minutes to the east. The City's central location in the fourth largest
metropolitan statistical area (MSA) in the nation means that Kennedale is just a short drive
from major entertainment venues including Six Flags over Texas, Hurricane Harbor, Texas
Motor Speedway, Globe Life Field (home of the MLB's Texas Rangers), AT&T Stadium (home of
the NFL's Dallas Cowboys), and Fort Worth's cultural district and nationally ranked zoo.
Kennedale is home to the Kennedale Speedway Park, which hosted the World of Outlaws Sprint
Car Series for the first time in 2024.

Kennedale has experienced steady population growth in the last decade. Beautiful Village Creek
slowly winds through the City, providing a feeling of tranquility in the community. Much of the
City's land is undeveloped, allowing for incoming developments and offering residents a respite
from the crowds and traffic congestion existing in much of the Dallas-Fort Worth Metroplex.

The Kennedale Economic Development Corporation (KEDC) was formed in 1996 to spearhead
the City's economic growth. The KEDC is funded by a voter approved half-cent sales tax, which
is used to offer grants and other economic incentives to existing and new businesses. The KEDC
employs a four-pronged approach: (1) land acquisition, assembly, and clearing for resale, (2)
manufacturing expansion, (3) retail retention and development, and (4) quality of life
improvements. In accordance with the adopted master plan, the redevelopment of the Oak
Crest area continues. Link Street to Kennedale Parkway was opened in 2015 and an extension
was opened in October 2016. The improved access led to the development of a Popeye's and
Burger King which opened in 2015. McDonald's opened in the Oak Crest area in October 2016.
A hotel site is in the process of development. The KEDC is also working with property owners in
the area to develop their land.

The TownCenter shopping center has room for expansion with three pad sites still
undeveloped. The TownCenter currently hosts service offerings such as a small event venue,
salon, physical therapy, and a roofing contractor. Retail offerings include an antique mall, an
electrical supplier, the Dollar General variety store, and Wally’s Pickles. Current restaurants in
Town Center include Subway, Dickey’s Barbeque, Bravo Eats, Chicken Express, the new
Valentino’s Pizza, and the incoming Thrive Coffee startup.

Over 35 new structures are scheduled for completion in 2024-2025, including the new Chipotle
restaurant, The Learning Center daycare, a new gas station at Eden Rd., a new 20,000 SF
building to support the expansion of Southwest Ambulance on East Kennedale Parkway, and
new office/retail buildings on Potomac Parkway. Residential projects currently in development
include Emerald Crest, Russell Ranch, Kennedale Oaks, and a 32-unit townhome project on
Crestview.

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