Invest In Our Economy
The Arlington City Council identified “ Invest In Our Economy ” as a vital component to ensure our community continues to thrive . From welcoming nationally known businesses or celebrating reinvestment and expansion of long-term corporate partners , Arlington continued striving to foster a pro-business climate and keep investment momentum going strong in The American Dream City .
City Celebrates 101 Center Groundbreaking
Downtown Arlington ’ s revitalization continued with the November 2015 groundbreaking of Catalyst Urban Development ’ s 101 Center mixed-use development project .
The six-story project , set to open in fall 2017 on the corner of Abram and Center streets , is a public-private partnership with the City . When complete , it will include 244 high-end residential units , more than 18,000 square feet of ground-level retail , restaurants and loft office space . 101 Center will also feature a 600-space structured parking garage with public parking spaces .
Summit Racing to Invest $ 82 Million
Summit Racing Equipment , which Development worked for three years bills itself as the world ’ s largest direct to secure the Summit Racing deal . marketer of performance automotive In August 2016 , the City Council parts and accessories , announced unanimously approved economic it would open a new $ 82-million development incentives to facilitate warehouse facility , retail super store and the project , expected to generate customer support center in Arlington . substantial property and sales tax
The 700,000-square-foot facility , revenue . Summit Racing ’ s fourth U . S . location , is The development will also bring new expected to open in early 2017 at the jobs . By 2021 , Summit Racing expects southwest corner of Interstate 20 and to employ an estimated 330 workers , SH 360 . with average salaries ranging from Arlington ’ s Office of Economic $ 37,994 to $ 56,910 .
Champions Park Breaks Ground
Greenway Investment Company broke ground in December 2015 on the first phase of its $ 30 million Champions Park mixed-use development in the Entertainment District .
The project , located at the northeast corner of I-30 and Collins Street , will include four retail / restaurant buildings as well as four premier restaurant sites nestled into a half-acre festival park area . Several restaurants have signed leases , including Tokyo Joe ’ s , The Social House and Urban Bricks Pizza , which is set to open in 2017 .
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