Page 38 - CityofArlingtonFY26AdoptedBudget

Business Plan

Main 7 Wallbox USA, Inc. Date
Type: Housing Development Shell Building Complete Dec. 2021
Capital Investment: $14.7 million Tenant Building Permit Issued Apr. 2022
Townhomes: 53 Project Complete (CO Issued) Pending
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 Park Place Date
at the corner of W. Main Street and Cooper Street in June Tenant Building Permit Issued Oct. 2022
2020. Project Complete (CO Issued) Pending

Bowery Farming, Inc. Boss Office Date
Type: Indoor modern farming operation Building Permit Issued Pending
Capital Investment: $20 million
Size: 205,000 sq. ft. Project Complete (CO Issued)
Employees: 90
Deal: Chapter 380 Grant Agreement of 35% for 7 years on Sutton Frost Cary Date
City taxes paid on business personal property and waiver of Building Permit Issued Pending
building permit fees for the cost of installation of equipment, Project Complete (CO Issued) Pending
machinery, and furnishings in the building.

Wallbox USA, Inc. Salcomp USA Date
Type: First North American and U.S. manufacturing Building Permit Issued Pending
operation Project Complete (CO Issued) Pending
Capital Investment: $70 million
Size: 129,000 sq. ft. Texas Trust Credit Union Date
Employees: 144 up to 250
Deal: Arlington City Council approved a Chapter 380 Grant Building Permit Issued Pending
Agreement at 80% for 7 years on business personal Project Complete (CO Issued) Pending
property and building permit fee waivers to reduce the costs
to retrofit the facility and ramp up the operation.

Park Place
Type: Mixed Use Retail and Residential
Capital Investment: $38 million
Size: 14,777 sq. ft. of retail
Employees: TBD
Deal: Arlington City Council approved a Chapter 380 Grant
Agreement for $220,000 to incentivize finish out of flooring
and HVAC in first floor retail of development, which offsets
the cost of public improvements the developer took on
during construction.

Boss Office
Type: Flexible Office Space
Capital Investment: $25 million
Size: 32,000 sq. ft.
Employees: TBD
Deal: Arlington City Council approved a Chapter 380 Grant
Agreement and 75% tax abatement. The Chapter 380
Agreement waives all development fees for the project.

FY 2026 Proposed Budget and Business Plan 32 City of Arlington, Texas