Page 36 - CityofArlingtonFY26AdoptedBudget
P. 36
Business Plan
Grow Our Economy
Drive Development in Key Areas
Project Performance Measure(s) Department(s)
Development of West Airport – E- Strategic Initiatives and Economic
Space Development Corporation
Summary:
In April 2023, the Arlington Economic Development Milestone Estimated Actual
Corporation (EDC) and City Council approved a master Completion Completion
agreement with E-Space, a startup satellite manufacturer. Phase I Design Dec. 2024 Jan. 2025
The master agreement provides a framework for the Complete
project and contemplates development of future Develop and execute all Oct. 2025
agreements, including a lease, development agreement, subsequent agreements
and performance agreement. The EDC plans to construct Begin Construction of July 2025
a 250,000 square foot manufacturing facility and Phase I
associated infrastructure for E-Space to occupy. E-Space
will commit to provide a minimum of 400 jobs within 5
years of initial occupancy of the space.
FY 2026 Proposed Budget and Business Plan 30 City of Arlington, Texas