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Prosper eyes new tax zone to boost development along Dallas North Tollway

Prosper officials are moving forward with plans to create a new tax increment reinvestment zone, or TIRZ, aimed at encouraging development along the Dallas North Tollway and surrounding areas.

Some context: A TIRZ allows a municipality to use a portion of future increases in property tax revenue to fund public improvements within the zone.

Zooming in: The proposed TIRZ No. 3 would generally include property along Dallas Parkway from US 380 to Frontier Parkway and parts of the downtown area. At their Nov. 25 meeting, Prosper Town Council held a public hearing on the creation of the new TIRZ and reviewed the proposed investment plan. According to town documents, the TIRZ could fund just over $193 million in projects over a 20-year period.

What’s next? Ewings said council will not take action on the proposed TIRZ until its Dec. 9 meeting.

 
On The Business Beat
TruBlue Home Services serves handyman needs in Frisco, Prosper, Celina

TruBlue Home Services has launched its handyman services in Frisco, Prosper and Celina.

What they offer: The service's mission is to take care of home repairs and provide "worry-free" living for busy adults and seniors, owner Jay Ericson said in an email. Services can range from fence repair, drywall patching, tiling, light fixture replacement and door framing, among other household needs. 

 
metro news monday
6 Dallas-Fort Worth neighborhood, business developments in progress

Developers have broken ground on a master-planned community in Denton that will feature homes from nine builders, trails, park space, on-site schools and retail space, including the city's first H-E-B. Meanwhile, TeraHop, a Singapore-based tech company, is expanding its operations to a new Richardson facility.

Here are six development stories you may have missed from Community Impact's Dallas-Fort Worth coverage areas.

Landmark breaks ground in Denton, model homes coming soon

VanTrust Real Estate announces 121 Commerce Park project in McKinney

Flower Mound council approves zoning for 335-acre conservation development Eden Ranch

Tech company TeraHop to open Richardson manufacturing facility

Grocery store development in North Texas continues to surge

Fort Worth launches Alliance Logistics District to streamline regional freight traffic

 
Stay In The Know
Check out 14 places for children to play indoors around Dallas-Fort Worth

As cold weather and winter break approach, check out these options for children to be warm and entertained at these Dallas-Fort Worth indoor playgrounds.

1. Bright Side Play: The company offers craft rooms, costume play and a play structure that features climbable walls and rope bridge. The playground also offers several birthday party packages, as well as kids classes for arts and crafts.

  • 445 W. Southlake Blvd., Ste. 100, Southlake

2. Super Llama: The business in Plano is a bounce house that features obstacle courses and slides. The venue also offers an arcade with several games and interactive activities. Weekday and unlimited memberships are available.
  • 6505 W. Park Blvd., Plano

 

Your local team

Samantha Douty
Senior Editor

George Rodriguez
General Manager

Email [email protected] for story ideas, tips or questions.

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