EDC PROJECT
Town North Redevelopment
In 2022 , the Arlington EDC approved a resolution for the renovation and redevelopment of the Town North Shopping Center located at 975 North Cooper Street .
The center , which was purchased by Town North Arlington Partners in 2020 , sits on 9.7 acres , has 112,000 sq . ft . of tenant space and is a prime location for redevelopment . With the Arlington EDC ’ s grant funding of $ 2,361,600 , the renovation includes infrastructure and facade enhancements , new tenant spaces , upgrades to the parking lot , entryway , landscaping , and plaza / public space improvements . The project has been making progress and is nearing completion .
EDC PROJECT
Mozee
Mozee , Inc ., a leader in autonomous mobility innovation , will establish its U . S . headquarters and a new automotive manufacturing and assembly plant ( over 87,000 sq . ft .) in Arlington . The Dallas-based company manufactures some associated parts through a 3D printing process to assemble autonomous 12-passenger shuttles that are road-legal and capable of speeds up to 45 mph . They will hire over 100 new positions with a minimum average salary of $ 100,000 / year , with plans to hire local residents and graduates from the University of Texas at Arlington .
The Arlington EDC will provide financial support to assist with tenant improvements to relocate and establish their U . S . headquarters , as well as offset lease costs over the next 7 years . The agreement requires that Mozee announces their headquarters in Arlington by the end of 2024 , create the projected number of high-wage jobs and invest in new manufacturing equipment to receive annual grant payments , which shall not exceed a total of $ 4,179,102 .