Authorize (1) a real property tax abatement agreement and all necessary documents with CP Land Owner, LLC and/or affiliate (“Cityplace Phase 1 Owner”) for a period of ten years in an amount equal to the City’s taxes assessed on ninety percent of the added taxable value to the real property resulting from and in consideration of Cityplace Phase 1 Owner’s real property investment in and delivery of Phase 1: The Apron (“Cityplace Phase 1 Project”) on approximately 5.3 acres of unimproved land addressed as 2711 North Haskell in the City of Dallas Neighborhood Empowerment Zone Number 21 (“NEZ No. 21”); (2) a real property tax abatement agreement and all other necessary documents with CP Tower Owner, LLC and/or affiliate (“Cityplace Phase 2A Owner”) for a period of ten years in an amount equal to the City’s taxes assessed on ninety percent of the added taxable value to the real property resulting from and in consideration of Cityplace Phase 2A Owner’s real property investment in and delivery of Phase 2A: The Tower (“Cityplace Phase 2A Project”) on approximately 3.3 acres of improved land addressed as 2711 North Haskell in the City of Dallas NEZ No. 21; (3) a real property tax abatement agreement and all other necessary documents with CP Tower Owner, LLC and/or affiliate (“Cityplace Phase 2B Owner”) for a period of ten years in an amount equal to the City’s taxes assessed on ninety percent of the added taxable value to the real property resulting from and in consideration of the Cityplace Phase 2B Owner’s real property investment in and delivery of Phase 2B: The Tower (“Cityplace Phase 2B Project”) on approximately 3.3 acres of improved land addressed as 2711 North Haskell in the City of Dallas NEZ No. 21; and (4) a real property tax abatement agreement and all other necessary documents with CP Tower Owner, LLC and/or affiliate (“Cityplace Phase 2C Owner”) for a period of ten years in an amount equal to the City’s taxes assessed on ninety percent of the added taxable value to the real property resulting from and in consideration of the Cityplace Phase 2C Owner’s real property investment in and delivery of Phase 2C: The Tower (“Cityplace Phase 2C Project”) on approximately 3.3 acres of improved land addressed as 2711 North Haskell in the City of Dallas NEZ No. 21, in accordance with the City’s Economic Development Incentive Policy - Estimated Forgone Revenue: $13,849,498.00, over a ten-year period (all four phases)

What this record is

Held by

CP Land Owner, LLC

Runs until

May 5, 2035 9 years away date calculated from a contract term stated in the record, not quoted directly

Type

contract

See which contracts are coming up for rebid →

Read automatically from the title of the official record. The source document below is authoritative.

Committee

Office of Economic Development

Requested by

Office of Economic Development (ECO)

Introduced

May 5, 2025

On agenda

May 28, 2025

Enactment no.

25-0837; APPROVED

Where it was heard

City Council May 28, 2025

Watch what Dallas buys

This is one award. Dallas signs them continuously, and each one names a company and a date it runs out. Say what you sell and we will email you when the next one matches.

Watch this

Free for 14 days, no card — and nothing charges itself: at day 14 the emails simply stop unless you choose to subscribe ($19 a month). One email when something matches, and nothing else. Unsubscribe from any of them. Searching stays free — it is public record.