The goal of the Arlington Highlands Tax Increment Reinvestment Zone (TIRZ) is to construct needed public infrastructure improvements and encourage private development that will yield additional tax revenue to all jurisdictions. The Arlington Highlands TIRZ is predicated on the private investment of over 1 million square feet of retail and office development along Interstate Highway 20 east of Matlock Road.
The Preliminary Financing and Project Plan outlines funding for $16 million of needed public infrastructure to address traffic concerns in the area. The TIRZ funds these improvements through the ad valorem tax rate participation of eligible taxing jurisdictions and a contribution of the city’s incremental sales tax from the revenue realized within the TIRZ.
- Architecture by others
500 West 7th Street, Suite 1400