Page 37 - CityofArlingtonFY26AdoptedBudget

Business Plan

Grow Our Economy
Drive Development in Key Areas
Project Performance Measure(s) Department(s)
Economic Development Projects Economic Development Services and
Economic Development Corporation

Summary: Urban Union
To build and sustain Arlington’s tax base, Arlington (Phase 3) Date
Economic Development Corporation (EDC) staff will remain Building Permit Issued May 2018
focused on developing Arlington’s remaining greenfield sites Certificate of Occupancy Issued Sept. 2019
with the highest and best uses. Additionally, redevelopment Urban Front
efforts will continue within the Entertainment District, Great (Phase 4) Date
Southwest Industrial Park, Downtown and Lamar-Collins Agreement Drafted Mar. 2020
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 which are primary economic Option Agreement
development goals for the City. These projects must be Building Permit Pending
innovative, introduce new desired uses into an underutilized
areas and stimulate positive economic change. Columbia Medical Center of
Arlington (MCA) Project Date
Urban Union 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
Capital Investment: $20 million (Phase I)
Size: 60,000 sq. ft. Building permit Issued (Phase II) July 2016
Deal: Located in Tax Increment Reinvestment Zone (TIRZ) Fire Permit Dec. 2020
#1, the project will receive TIRZ #1 funding to assist in the Fire Permits Issued Feb. 2021
public improvement costs associated with the development. Phase II Project Complete (CO Pending
Issued)
Columbia Medical Center of Arlington Subsidiary, LP
(MCA) (Healthcare/Medical) General Motors Date
Type: Medical Hospital Building Permit Issued June 2013
Capital Investment: $90 million Certificate of Occupancy Issued Oct. 2019
Size: 20,000 sq. ft. expansion Sewer Line Design Complete Pending
Employees: 50 Conveyor Line TBA
Deal: The City provided a real property tax abatement to
offset some of MCA’s construction costs. Main 7 Date
Building Permit Issued Dec. 2020
General Motors (Assembly) Certificate of Occupancy Issued Pending
Type: Assembly Plant Renovation and Expansion
Capital Investment: $1.4 billion Bowery Farming, Inc. Date
Size: 1,200,000 sq. ft. expansion Tenant building Permit Issued June 2022
Employees: 4,000+ retained Project Complete (CO Issued) Pending
Deal: To assist GM, the City offered an incentive package
including tax abatements to real and business personal
property and fee waivers.

FY 2026 Proposed Budget and Business Plan 31 City of Arlington, Texas