Email Peter Vaky
Deputy City Attorney
Transactional Division Chief
Peter Vaky joined the City Attorney’s Office in May 1991. He is head of the 16-lawyer Transactional Division.
During his tenure, he has served as the primary legal advisor to various City Council committees, the boards of directors of all tax increment reinvestment zones, various city corporation boards, and numerous city departments. His practice focuses on structuring tax and financing transactions that can be utilized to achieve economic development, job creation, and urban revitalization. Representative projects include:
- State tax and local financial incentives to leverage the private financing and operation of the 600-room Omni Fort Worth Hotel adjacent to the Fort Worth Convention Center
- Combination of tax abatement and economic development program agreements for development of a $250 million data center for Facebook on vacant land in the Alliance Corridor.
- Economic development program agreement for development of West 7th, a 760,000 square-foot mixed-use retail, restaurant and residential development on formerly vacant and underutilized land west of downtown Fort Worth.
- Combination of Tax Abatement and Economic Development Program Agreements to redevelop Montgomery Plaza, historically significant six-story former retail warehouse, into a 265,000 square foot mixed-use development
- Combination of tax increment financing and economic development grants to redevelop a vacant 35-story downtown office tower into a residential condominium building
- Combination of tax increment financing and economic development grants to redevelop the former 63-acre Masonic Home site in southeast Fort Worth into a 300,000 square foot retail development
- Tax Increment Financing Development Agreements to preserve the historic Art Deco (Zigzag Moderne) facade of the Texas & Pacific Railway Terminal building and to redevelop the upper floors of the building into loft apartments
- Economic development program agreement for development of a 900,000 square-foot locomotive manufacturing facility and a 230,000 square-foot mining equipment plant for GE Manufacturing.
- Real estate financing documents and an Economic Development Program Agreement to redevelop a 24-acre former housing project into corporate offices and a downtown college campus
- Economic Development Program Agreement for construction of a 20-story building and retention of the corporate headquarters for Pier 1
- J.D. – University of Texas at Austin, School of Law (1990)
- B.A., cum laude – University of the South, Sewanee, TN (1987)
Affiliations & Activities
- State Bar of Texas
- Life Fellow, Texas Bar Foundation
- Tarrant County Bar Association
Publications & Presentations
- Speaker, “TIFs and PIDs: Legal Issues of Public Finance,” International Downtown Association Annual Conference, Fort Worth, TX, October 4, 2010
- Speaker, “Municipalities: Their Organization and the Law,” Fort Worth Paralegal Association, Fort Worth, TX, July 26, 2007
- Most Valuable Player Award from Fort Worth South, Inc. for Magnolia Green development project, 2005