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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 throughout 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, Bravo Eats, Chicken Express, Valentino’s Pizza, and Thrive Coffee.

Over 15 new structures are scheduled for completion in FY26, including the new 3-story
national brand hotel and a 7,000 SF national brand retailer. The 24-acre RMC Business Park,
providing over 100,000 SF of industrial space, is slated to begin site construction in the Fall of
2025. Notable residential projects currently in development include 10 new single-family
homes at Russell Ranch, 34 new single-family homes in the Moderno Addition on S New Hope
Rd, a 39-unit townhome site called Harris Hills on Mansfield Cardinal Rd., and a 32-unit
townhome project on Crestview Dr.

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