FY 2017 Popular Annual Financial Report FY 2017 Popular Annual Financial Report | Page 11

101 Center Creates New Living Options Downtown Tenants began moving into the new 101 Center mixed-use development, which has transformed the corner of Abram and Center streets in Downtown. HOME PLATE D.R. Horton Celebrates Opening of Arlington Headquarters NEWS City and community leaders celebrated the opening of the Fortune 500 STORY HOME PLATE company D.R. Horton’s new headquarters in late 2017. D.R. Horton, celebrating its 40th anniversary, invested more than $20 million NEWS to relocate its corporate headquarters to Arlington. The four-story building, home STORY to more than 400 employees, is located on a six-acre campus on the north side of Interstate 30 between Collins Street and Baird Farm Road. Arlington Commons Helps Revitalize Lamar Boulevard The Roosevelt, the first phase of the Arlington Commons apartment development, began pre-leasing in summer 2017. The 353-unit, built by The Nehemiah Company of Arlington, is located at 425 E. Lamar Boulevard north of Interstate 30. The four-story complex, which opened in late 2017, features a pool, outdoor entertaining amenities and nearby linear park. The Arlington Commons is a 10-year, $200-million project designed to revitalize Lamar Boulevard and bring high-quality, urban-style apartment living to Arlington. The development, which has additional phases, will feature approximately 1,300 HOME PLATE units by its 2024 completion. UPS Selects Arlington as a Regional Hub The City of Arlington approved tax incentives in March to facilitate the opening of a UPS regional hub, a project expected to bring an estimated 1,400 full-time jobs and fill one of the The six-story redevelopment project is a partnership between the City and a private development group headed by Catalyst Urban Development. Besides creating new living options, 101 Center also brought additional parking for Downtown through a 600-space structured parking garage, with entrances off Main, Center and Mesquite streets, and 90 on-street parking spaces lining the site. Other Business News Around Arlington • Multi-platinum gospel artist Kirk Franklin completed work on his $2- million, state-of-the-art recording studio in Downtown Arlington. • The Arlington City Council approved a development plan for Drury Plaza Hotel, a new full-service hotel slated for the Entertainment District. • Six Flags Over Texas opened its newest ride, The Joker. NEWS STORY City’s largest warehouse/industrial spaces. The 1.2-million-square-foot facility is set to open in early 2019 south of Interstate 20 near Bardin Road and SH 360. Popular Annual Financial Report | 11