Listen to this article 2 min
A hospital, a wholesale club and plans for the world's biggest soccer tournament are being kicked around. An aerospace firm and a cold storage company could nab tax breaks tied to creation of hundreds of jobs. And a city building is due for a makeover. These items and more are in this week's "On the Agenda."
Welcome back to On the Agenda, a Dallas Business Journal feature that digs into public meeting agendas to highlight topics of importance to business people, such as new developments, corporate relocations and economic incentives. Tips for On the Agenda can be emailed to bhethcock@bizjournals.com.
A facelift for a parks-and-rec building is in play in a Collin County city. A hospital and a wholesale club are slated to slide forward in one of the nation’s fastest-growing cities. An aerospace firm and a cold storage company may get tax breaks in deals that would bring more than 350 jobs to Fort Worth. And a playbook for the 2026 FIFA World Cup is being kicked around at the regional level.
Hospital, big box store up for votes in Forney
Plans for a new Texas Health Resources hospital and a BJ’s Wholesale Club could advance if the Forney City Council approves site plans for both projects.
Texas Health Resources plans to build a 242,000-square-foot hospital on 50 acres along U.S. Route 80, adjacent to the Villages at Gateway project already underway and set to be anchored by H-E-B, Target and Home Depot. The Texas Health Resources campus will also have a four-story professional office building. Arlington-based Texas Health Resources expects to have construction completed in 2027.
In the same meeting, BJ’s Wholesale Club requests approval of a site plan for the development of a 107,000-square-foot membership-only warehouse with fuel pumps, a propane refilling station and tire center. The store would be built on an 11.6-acre property within the Villages at Gateway.
Both projects come amid an economic development boom in the fast-growing city east of Dallas. In addition to the major retailers opening at Villages at Gateway, Costco has plans to build a store on the west end of town at U.S. 80 and Clements Drive.
City council is scheduled to consider the site plans at its meeting scheduled for 6:30 p.m. on Oct. 15 at the City Hall Annex.
Tax breaks considered
Fort Worth City Council is set to vote on tax breaks for aerospace company Embraer and cold storage company Americold. The deals could help bring a combined 355 jobs to the area and will be considered in a meeting that starts at 6 p.m. Oct. 15 at old city hall, 200 Texas St. in Fort Worth.
The maintenance arm of the Brazilian aircraft manufacturer Embraer would be the larger project in terms of jobs. Embraer Aircraft Maintenance Services would commit to hiring 250 people with a minimum annual salary of $67,000 by December 2029, according to a prior public presentation. The company is seeking to spend $42 million on property and $15 million on equipment for a facility on 15.8 acres in Alliance in far northern Fort Worth. Embraer (NYSE: ERJ), the world’s third-largest manufacturer of commercial jets, has has confirmed plans for a facility.
Americold Realty Trust (NYSE: COLD) wants to expand one of its existing cold storage buildings on 42 acres at 4900 Blue Mound Road, near Meacham International Airport in north Fort Worth. The company plans to invest $68 million in property and $55 million in equipment.
Embraer could qualify for a seven-year tax break worth up to $1.2 million. The city is proposing a seven-year tax break for 50% of incremental value of Americold’s property and equipment, worth up to $2.5 million.
Details first emerged in September about the companies’ expansion plans.
FIFA World Cup transportation plans
Michael Morris, director of transportation at the North Central Texas Council of Governments, will present on the development of transportation plans related to the 2026 FIFA World Cup. The plans will encompass the nine matches coming to AT&T Stadium in Arlington, as well as Fan Fest at Dallas’ Fair Park and the prospective International Broadcast Center.
NCTCOG is requesting consultant assistance to prepare for the World Cup, according to an agenda for the Regional Transportation Council meeting set for 2 p.m. Oct. 17 at 616 Six Flags Dr. in Arlington.
NCTCOG states plans are already in place and need to be documented in a “nationwide common format.” First drafts are needed by next March and consultants are staying on board until Sept. 30, 2026. The estimated cost to develop the plans is $1 million.
Princeton City Council is set to vote on a resolution to allocate $300,000 toward the design of the city’s new parks and recreation office and maintenance building at the northwest corner of J.M. Caldwell Sr. Community Park.
If passed, the resolution would usher in the first project under the city’s 2023 parks and recreation bond program, which was endorsed by 72% of voters. Plans for the project began in April. Funding for this contract will be sourced from park development fees.
The meeting is scheduled to begin at 4:30 p.m., Oct. 15, at the Princeton Municipal Center, 2000 East Princeton Dr.
Dallas Business Journal reporters Aayush Gupta, Holden Wilen, Seth Bodine and Plamedie Ifasso contributed.
Number
2024 Best Places to Work Awards
Join us at this years Best Places to Work event where college gameday excitement meets company success! Don’t miss the kickoff of this unforgettable event—where the Best Places to Work in North Texas are unveiled center stage!
© 2024 American City Business Journals. All rights reserved. Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (updated August 13, 2024) and Privacy Policy (updated July 3, 2024). The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of American City Business Journals.