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TIF 3: Downtown

  • Trolley
  • Crowd at Building
  • Streetscape

TIF 3 (Downtown) was created to promote the redevelopment of downtown Fort Worth. This TIF is administered by Downtown Fort Worth Inc..

Date Created: Dec. 19, 1995
End of Term: Dec. 31, 2025
Total Acreage: 279 (TIF 3); 128 (TIF 3A)</p>

Property Description: Generally bounded to the north by the Trinity River, east by the Burlington Northern Santa Fe Railroad (BNSF), south by Lancaster Avenue, Calhoun Street, Seventh Street, Burnett Street, and Third Street, and west by Henderson Street and Weatherford Street. View the boundary map.

Projects: Historic preservation through façade leases (for example, Ashton Hotel, Jett Land and Title), environmental remediation (for example, the Tower), utility relocation and removal (for example, the Marriott Hotel site), streetscape improvements to create a pedestrian friendly environment (for example, Cassidy Corner, Trinity Bluff), Santa Fe Freight House operations. Sundance Square plaza, parking garage leases, affordable housing (including Hunter Plaza), residential density and parking incentives, infrastructure and transportation improvements to ease transit accessibility, retail façade matching grants, school support, signage, and administration.

Project and Financing Plan

Last amended March 3, 2015. Download the full plan.

Financial Information

3 3A
Base Value $217,893,395 $104,557,242
2015 Taxable Value $800,739,067 $256,525,970
Percent Growth 267% 145%
2015 City of Fort Worth Contribution $2,777,779 $724,314

Level of Participation by Entity

3 3A
City of Fort Worth 60% 60%
Tarrant County Hospital District 40% 40%
Tarrant County College 20% 20%
Regional Water District 40% 40%
Tarrant County 40% 40%
Fort Worth ISD* 0% 0%

*At City of Fort Worth tax rate

Board Members

  • Ann Zadeh, City of Fort Worth
  • Johnny Campbell, City of Fort Worth
  • Roy C. Brooks, Tarrant County
  • Victor Henderson, Tarrant Regional Water District
  • Mark McClendon, Tarrant County College District
  • Scott Rule, Tarrant County Hospital District
  • Rep. Nicole Collier, State Representative
  • Adrian Murray, State Senator

For more information about TIFs, email TIF@fortworthtexas.gov.

Contact

Economic Development Department
1150 South Freeway, Suite 106
Fort Worth, TX 76104
817-871-6021 (phone)
817-332-6465 (fax)

Office of Small Business
1150 South Freeway, Suite 106
Fort Worth, TX 76104
817-871-6021 (phone)
817-332-6465 (fax)

Office of Business Diversity
1150 South Freeway, Suite 144
Fort Worth, TX 76104
817-871-6021 (phone)
817-332-6465 (fax)

Director:
Robert Sturns

News

Reports

Calendar

Green Breakfast Networking Event: 9 a.m. May 31, 2018; Business Assistance Center, James E Guinn Entrepreneurial Campus, 1150 S. Freeway.
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Copyrights, Patents and Trademarks: 9 a.m. June 2, 2018; Business Assistance Center, James E. Guinn Entrepreneurial Campus, 1150 S Freeway.
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Certification Training for Minority, Women, Small, or Disadvantaged-Own Business Enterprises: 6 p.m. June 12, 2018; James E. Entrepreneurial Campus - Fort Worth Business Assistance Center, 1150 South Freeway .

HR 101: Key Issues and How to Solve Them in 2018: 11:30 a.m. June 14, 2018; Business Assistance Center, James E. Guinn Entrepreneurial Campus, 1150 S Freeway.
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Business Plan Competition: Last Day to Enter: 8 a.m. June 15, 2018; Office Of Small Business, 1150 South Fwy.
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City of Fort Worth Workshops: RFP, RFQ, ITB, A+B & Best Value Solicitations: 8 a.m. June 21, 2018; James E. Guinn Entrepreneurial Campus - Fort Worth Business Assistance Center, 1150 South Freeway .

Canceled City of Fort Worth “Monthly Informational Forum for M/WBEs”: 11:30 a.m. June 21, 2018; James E. Guinn Entrepreneurial Campus - Fort Worth Business Assistance Center, 1150 South Freeway.

Breakfast at the BAC - This Is One Awesome Sales Guru: 7:30 a.m. June 28, 2018; Business Assistance Center, James E. Guinn Entrepreneurial Campus, 1150 S Freeway.
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