FY 2011 Popular Annual Financial Report FY 2011 Popular Annual Financial Report | Page 13
Economic Development
With the expansion, GM will add an estimated 110 positions
to its existing 2,324 full-time employee base. The net benefit of the
proposed plant expansion during the first 10 years is predicted to be
$5.5 million.
Moving Forward With New Developments
Arlington and Huffines Communities officials broke ground on
Viridian, a $2 billion mixed-use development comprising 2,300 acres.
Viridian will feature custom homes, shops, restaurants, offices,
more than 20 miles of trails, and 1,100 acres of protected wetlands.
Residents are expected to begin moving into the
development in the fall of 2012.
Hosting the World Series & Super Bowl
Arlington was lucky to host the World Series
and Super Bowl XLV only months apart. The Texas
Rangers’ playoff run to the World Series netted the
City an estimated $1.3 million in sales tax revenue
from the crowds at the Ballpark alone.
Local businesses benefited as well. For
instance, Bobby V’s saw a 25 to 30 percent
increase in its customer base during the baseball
series.
The Super Bowl brought an estimated 200,000 visitors on
game day, and about 70 aircraft landed at Arlington Municipal
Airport.
Beyond the economic impact, Arlington benefited from
Super Bowl outreach programs. Several Arlington homes were
renovated, Speer Elementary received a new playground, and
45 new Habitat for Humanity homes were built.
tulate, and Consider the Possibilities”
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