Veale Ranch
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March 2026
Following a public hearing, the council will adopt an ordinance creating Tax Abatement Reinvestment Zone No. 116 at Veale Ranch and authorize a 10-year tax abatement agreement with EDC Fort Worth LLC for development of a data center on approximately 186.5 acres near IH-20 and FM 2871.
(CD 3) Conduct Public Hearing and Adopt an Ordinance Designating Tax Abatement Reinvestment Zone No. 116 (Veale Ranch); and Authorize Execution of a Ten-Year Tax Abatement Agreement with EDC Fort Wort
City Council is considering an $18.2 million tax abatement incentive for EDC Fort Worth LLC to construct a $1.1 billion two-phase data center at Veale Ranch in west Fort Worth, contingent on phased construction and business personal property commitments and creation of at least 50 full-time jobs averaging $73,000 annually.
City Council to consider incentives for EDC Fort Worth LLC