Investments expanding From the cover
The big picture
Projects funded with TIF dollars This is not a comprehensive list.
1 SH 26 median landscaping project Cost: $6.3M Completed: May 2024 2 SH 26 Christmas lights expansion Cost: $512,894 Completion: 2025 3 Economic development programs Cost: $6.05M* Completion: ongoing
4 Colleyville towers Cost: $7.9M Completed: Sept. 2024 5 Glade Road reconstruction project Cost: $13.2M Completed: Aug. 2023 6 Heroes Park Cost: $6.07M Completion: ongoing
Ethridge Auto Center received a Colleyville grant in 2023 to update the 50-year-old building, co- owner Craig Tracy said. This grant was funded using TIF dollars. “People have told me how the building looks great now,” he said. “Prior to [the renovations,] it was an eyesore.” Ethridge Auto Center also applied for a TIF- funded city grant that allowed businesses to receive half the cost for holiday lights. “We want to be a positive partner with the community and keep the community beautiful,” said Jacquie Tracy, co-owner of Ethridge Auto Center. Since 2020, the city generated $35.7 million in revenue from TIF zones and spent $25.9 million on city projects, Wood said. “The TIF has been an important nancing tool for the city,” he said at the Nov. 5 Colleyville council meeting. “We’ve been able to fund a lot of infrastructure projects.” City o cials expanded the geographical zones to gain more TIF revenue and improve more areas in the city, Wood said.
*NOTE: SINCE THE START OF THE PROGRAMS IN 2018 AS OF NOV. 20
DAVIS BLVD.
4
TIF boundaries:
121
JOHN MCCAIN RD.
W. MCDONWELL SCHOOL RD.
TIF No. 1: original boundary established in 1998 TIF No. 1A: established in 2012
TIF No. 1B: established in 2025 (newest expansion)
TINKERRD.
360
HALL JOHNSON RD.
1
PLEASANT RUN RD.
2
MONTCLAIR DR.
6
5
3
GLADERD.
121
26
MID CITIES BLVD.
BROWN TRL.
CHEEK SPARGER RD.
MAP NOT TO SCALE N
SOURCES: CITY OF COLLEYVILLE, PETTIT & AYALA CONSULTING COMMUNITY IMPACT
The impact
this year using Colleyville’s advertising grant funds. “We’re fairly unique in that our city continues to prioritize supporting small businesses,” Vance said.
of putting our own marketing dollars on the line,” she said. Vance used the grant to host a ra e for free memberships, which resulted in new member- ships, she said. She plans to use the same strategy
Christina Vance, owner of Rise Collective Well- ness, has used Colleyville’s TIF-funded advertising grant for years, she said. “We treat it as an opportunity to experiment with ways to nd new customers without the risk
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