Economic Development Committee

COUNCIL CHAMBERS, CITY HALL bit.ly/cityofdallastv

Agenda — 14 items

1. 1 This Council Committee meeting will be held by video conference and in the Council Chambers, 6th Floor at City Hall. The Public may attend the meeting virtually; however, City Hall is available for those wishing to attend the meeting in person. The meeting will be broadcast live on Spectrum Cable Channel 16 and online at bit.ly/cityofdallastv. The public may also listen to the meeting as an attendee at the following video conference link:
2. 2 Call to Order
3. 3 MINUTES
4. 1. Approval of April 6, 2026, Economic Development Committee Meeting Minutes 26-1473A
5. 5 BRIEFING ITEMS AND ACTION ITEMS
6. A. Opportunity Zones 2.0 [Heather Lepeska Deputy Director, Office of Economic Development] 26-1474A
7. 7 BRIEFING MEMOS AND POTENTIAL ACTON ITEMS
8. B. Upcoming Agenda Items: Authorize (A) an amendment of the Project Plan and Reinvestment Zone Financing Plan (“Plan”) for Tax Increment Reinvestment Zone Number Eighteen, the Maple/Mockingbird Tax Increment Financing (“TIF”) District (“Zone”) to: (1) increase the geographic area of the Zone by approximately 9.3 acres to add the property currently addressed as 1545 West Mockingbird Lane; (2) make corresponding modifications to the Zone’s boundary and Plan; and (3) include findings that (a) vacant and underutilized property in the proposed expansion area substantially arrests or impairs the sound growth of the City, (b) development or redevelopment in the proposed expansion area will likely not occur solely through private investment in the foreseeable future, and (c) inclusion of the proposed expansion area will have an overall benefit to, and further the purposes of, the Zone; and, at the close of the public hearing on May 27, 2026, consider an ordinance amending Ordinance No. 27689, previously approved on September 23, 2009, as amended, and (B) a tax increment financing (“TIF”) development agreement and all other necessary documents (“Agreement”) with Mockingbird Owner LP, a Texas limited partnership, and/or its affiliates (“Developer”) in an amount not to exceed $29,000,000 (“TIF Subsidy”), payable from existing and future Maple/Mockingbird TIF District funds, in consideration of the Oak Park Mixed-Use and Mixed-Income Development Project (“Project”) on approximately 5.9 acres currently addressed as 1545 West Mockingbird Lane (“Property”), in accordance with the Economic Development Incentive Policy [Tamara Leak, Deputy Director and Urban Core Initiatives Officer, Office of Economic Development] 26-1476A
9. C. Upcoming Agenda Item: Authorize a Chapter 380 Economic Development Agreement and all other necessary documents (“Agreement”) with Veterans Community Project and/or its affiliates (“Developer”) for the Veterans Community Project Village (“Project”), including the conveyance (fee simple estate) of approximately 7.33 acres of City-owned real property located west of S. Lancaster Road, south of Mentor Avenue, and east of Denley Drive (“Property”) in consideration of the development and operation of a transitional housing community for veterans experiencing homelessness, consisting of small residential units, a community center, and on-site supportive services, in accordance with the Economic Development Incentive Policy [Heather Lepeska, Deputy Director, Office of Economic Development] 26-1530A
10. D. Authorization of public hearing to amend the Dallas Development Code in response to SB 15 with consideration of implementing design standards foe small lot developments and amendments to the subdivision; uses permitted: yard, lot, and space: design standards: and any other associated regulations. [Andreea Udrea, Deputy Director, Planning and Development Department] 26-1478A
11. E. Update on Call for Concepts for City Hall [Robin Bentley, Assistant City Manager, City Manager’s Office] 26-1532A
12. F. Quarterly Update: Economic Development Incentives Awarded via Administrative Action [Kevin Spath, Director, Office of Economic Development] 26-1475A
13. G. Dallas Business Journal’s 2026 Best Real Estate Deals [Kevin Spath, Director, Office of Economic Development] 26-1477A
14. 14 ADJOURNMENT