Municue

EDC Fort Worth LLC

organization
2 mentions across 2 events
2 eventsLast active Tracked since

Topic Distribution

Topics

tax (1)
policy (1)
development (1)
award of contract - report of cm (1)

Roles

applicant (2)
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Activity Timeline

March 2026

Award Of Contract - Report Of Cm
applicant

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.

…eale Ranch); and Authorize Execution of a Ten-Year Tax Abatement Agreement with EDC Fort Worth LLC, or an Affiliate, for Development of a Data Center to be Located on Property wi…

Press Release
applicant

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