Invest In Our Economy | Page 3

Transformative Redevelopment

City recognizes that our community is largely built out , and plays an integral role in advancing efforts to redevelop aging properties , as well as directing infrastructure repairs and replacement that will contribute to its sustained economic health and revitalization . As part of its strong public sector role , the City will engage in practices that remove barriers to beneficial infill and redevelopment projects , such as the utilization of public and private partnerships , the promotion of targeted areas to prospective developers , coordination with the real estate and business community , and the implementation of policies that align with its redevelopment goals .
Arlington has identified desired outcomes and established a clear framework for redevelopment projects , providing a foundation on which to encourage highimpact projects that positively contribute to the tax base , create a quality of place , and retain and draw new residents and businesses . Key economic centers , including the Downtown / University District , Great Southwest Industrial District , Entertainment District , I-20 Retail Corridor , and the Lamar / Collins Overlay Area , will further transform into vibrant destinations and employment centers .

Vibrant Business Community

Arlington ’ s economic environment fosters innovative programs that will secure the City ’ s position as a desirable location to do business . Targeted outreach to attract a diverse and thriving business clientele will further strengthen our economy . Existing businesses that expand will provide the best opportunity to grow the City ’ s employment and tax base . Business retention efforts are conducted through building relationships with existing businesses , which provides partnership opportunities and promotes a sense of community . The City encourages stakeholder support of technology and business incubator initiatives .