CITY OF HALTOM CITY  5024 Broadway Ave. Haltom City, Texas 76117 817-222-7700

2021 ECONOMIC DEVELOPMENT UPDATE

April 2021

LGE groundbreaking
Haltom Live

In recent years Haltom City has enjoyed record growth in terms of economic development. Many of these developments have recently been completed while others are in the construction process. There are numerous other developments in the planning mode as well.

The Mayor, City Council Members, staff and citizens appointed to the Economic Development Corporation have utilized a two-prong strategy...bringing an influx of new quality residential single and multi-family developments and new commercial developments. Once completed, these commercial developments will require the fulfillment of thousands of job openings.

Haltom city - entry sign

Together, these will add to the quality of life for both residents and the area's workforce. This strategy has and will continue to serve as a catalyst...attracting new industry, distribution centers (critical for capitalizing on the future of E-commerce), corporate headquarters and retail options for our city. A significant amount of city/Economic Development Corporation (EDC) owned land was marketed and negotiated to secure these residential and commercial developments.

2021 Economic Development Update - April 2021

As this new growth develops and matures, an environment will exist where Haltom City's tax base and sales tax revenue is expanded. These new revenue sources will enable our city to keep up with infrastructure and service delivery costs, while eventually lowering the property tax rates for our valued residents.

Ours and surrounding communities will have more choices for where we choose to work, shop, dine, play and live. Haltom City is becoming a place where businesses prosper and families flourish.

2021 Economic Development Update - April 2021

Below are examples of commercial and residential developments that are currently under construction, followed by some of the projects completed in Haltom City in recent years. A full list of completed, ongoing and future developments is posted just below these visual examples.

Projects Under Development

820 Business Exchange
820/Northern Cross/Anderson Blvd.
  • 820 Exchange Business Park
  • 820 Exchange Business Park
  • 820 Exchange Business Park
  • 820 Exchange Business Park

820 Business Exchange

The new 72-acre, one million square foot “820 Business Exchange” Business Park will bring a significant number of jobs supporting distribution facilities, warehousing and corporate headquarters.

Estimates of 1500+ jobs will be added to support operations at these facilities.

David E. Sellers, President & CEO of LGE Development, speaks at the groundbreaking ceremony in December 2019.

High Pointe Subdivision

The new High Pointe Residential Subdivision, located just south of Haltom High School, has developed faster than anyone anticipated. This subdivision will bring 225 beautiful single-family homes to the west side of Haltom Road and 900 luxury apartment homes to the east side of Haltom Road.

High Pointe Subdivision

5305 Waterview Ct. Haltom City, TX 76137
  • High Pointe Subdivision
  • High Pointe Subdivision
  • High Pointe Subdivision

Midway Logistics Industrial Park

6101 Midway Rd. Haltom City, TX 76117

  • Midway Industrial Park

Midway Logistics Industrial Park

This 54-acre "Class A" Industrial Park will bring 1000+ jobs once completed and operational.

Heritage Village Subdivision

The Heritage Village Subdivision will consist of 441 homes built by Our Country Homes & CB Jennings Homes.

Heritage Village Subdivision

Glenview/Haltom Rd. Haltom City, TX 76117

  • Haltom City Economic Development Update Heritage Village Apr 2021 1
  • Haltom City Economic Development Update Heritage Village Apr 2021 1 Copy
  • Haltom City Economic Development Update Heritage Village Apr 2021 1 2

Recently Completed Projects

  • Fire Cup Coffee
    Fire Cup Coffee
    3501 Denton Hwy. Haltom City, TX 76117
  • Bellrock Upper North Apts.
    Bellrock Upper North Apts.
    4100 Northern Cross Blvd. Haltom City, TX 76137
  • Q Car Wash
    5410 N Beach St. Haltom City, TX 76137
  • O'Reilly Auto Parts
    O'Reilly Auto Parts
    5160 E Belknap St. Haltom City, TX 76117
  • Chicken Express
    Chicken Express
    5516 Denton Hwy. Haltom City, TX 76148
  • Ollie's Bargain Outlet
    Ollie's Bargain Outlet
    3316 Denton Hwy. Haltom City, TX 76117
  • El Tejas Restaurant
    El Tejas Restaurant
    3408 Denton Hwy. Haltom City, TX 76117
  • AutoZone Auto Parts
    AutoZone Auto Parts
    5110 E Belknap St. Haltom City, TX 76117
  • Life Storage
    Life Storage
    4820 Western Center Blvd. Haltom City, TX 76137
  • Texas Bingo
    3500 Denton Hwy. Haltom City, TX 76117
  • Wade's Auto Repair
    6120 Huddleston St. Haltom City, TX 76137
  • Collins Aerospace
    Collins Aerospace
    4630-100 N. Beach St. Haltom City, TX 76137
  • Fuel City
    Fuel City
    1715 Haltom Rd. Haltom City, TX 76117
  • Haltom Live
    Haltom Live
    5601 E. Belknap St. Haltom City, Texas 76117
  • Pump & Munch
    Pump & Munch
    5025 Broadway Ave. Haltom City, TX 76117
  • Dunkin Donuts
    6201 Denton Hwy. Haltom City, TX 76148
  • La Unica Meat Market
    4300 Broadway Ave. Haltom City, TX 76117
  • waynes boot shoe repair
    Wayne's Boot & Shoe Repair
    2524 Carson St. Haltom City, TX 76117
  • Advance Auto Parts
    Advance Auto Parts
    2300 Haltom Rd. Haltom City, TX 76117
  • WaveMAX Laundry
    3534 Denton Hwy. Haltom City, TX 76117

2021 Economic Development Update - April 2021

Below are examples of the many developments and businesses that have come to Haltom City in recent years. The list consists of recently completed developments that are now open, those currently under construction and those that are verging on construction.

There are many other development projects looking to locate their businesses here in Haltom City. The COVID-19 crisis slowed the scheduled hotel developments and the event center, but all indications are that they will resume development efforts as the health crisis subsides.

Completed

Commercial Developments

  • Fuel City - complete
  • Starbucks - complete
  • Dunkin Donuts - complete
  • New Wayne’s Boot Barn - complete
  • Haltom Theatre - complete (newly restored and open for business)
  • El Tejas Mexican Restaurant - complete
  • New Chicken Express - complete
  • Wanna Taco - complete
  • Collins Aerospace – complete (high tech jobs)
  • New convenience/restaurant stores – complete, with some under construction (across from City Hall, Stanley-Keller/Beach, 377/Diamond Oaks Drive South)
  • Life Storage – complete
  • Q Car Wash - complete
  • Fire Cup Coffee - complete
  • Ollie's Department Store - complete
  • La Unica Meat Market - complete
Planned or Currently Under Construction

Commercial Developments

  • 820 Exchange Business Park – near completion (1500+ jobs)
  • Midway Industrial Park - under construction (1000+ jobs)
  • Rocky’s Live Bar & Restaurant – under construction
  • Hoffbrau Grill and Steakhouse and Brau BQ – scheduled 2023
  • Broadway Animal Clinic – under construction
  • Gomez Western Wear Store – near completion
  • Two Marriot Hotels W/ six retail/restaurant pads – scheduled to start post COVID
  • Holiday Inn w/ restaurant pad – scheduled to start post COVID
  • Alexis Event Center – scheduled to start post COVID
Under Construction

Residential Developments

  • High Pointe – near completion (new residential subdivision with 225 homes)
  • Heritage Village – under construction (new residential subdivision with 412 homes)
  • Bellrock Upper North Apartments - complete (350 units)
  • The Stream Luxury Apartments - under construction (850 units)

Haltom City

Economic Development


Haltom City's Economic Development Department exists to enhance community development within the city. This includes encouraging people and businesses to relocate to Haltom City.

Business Incentives

The Economic Development Corporation has a variety of resources available to prospective businesses who are looking for a place in Haltom City to call home. Please contact City Manager Rex Phelps at 817-222-7733 if you have any questions.
Tax Abatement

The Haltom City Tax Abatement Program exempts the value of improvements up to 10 years on the construction of a new facility or for real expansion/modernization of an existing facility. The investment must be $2.5 million and create and sustain 10 new full-time jobs.

Economic Development Assistance Grant

The City of Haltom City is committed to the promotion of high quality development in all parts of the City and to an ongoing improvement in the quality of life for its citizens. Because these objectives are generally served by the enhancement and expansion of the local economy, the Haltom City Economic Development Corporation (the “Corporation”) will, on a case-by-case basis, give consideration to providing incentives to stimulate economic development in the City. Nothing herein shall imply or suggest that the Corporation is under any obligation to provide Economic Development Assistance Grants to any applicant. All applicants shall be considered on a case-by-case basis, and the decision to approve or deny assistance grants shall be at the sole discretion of the Economic Development Corporation.

Download a detailed explanation of this program along with an application here.

Property Enhancement Incentive Policy

The Property Enhancement Incentive Policy (PEIP) offers a 50% matching grant up to $10,000 for improvements to commercially zoned properties. The PEIP has varying participation limits on the type of enhancement. Improvements eligible for grant monies include façade enhancements, interior renovation, landscaping, lighting, parking/driveways, pedestrian amenities, signage, utilities and code compliance.

The policy and application can be downloaded in PDF format here.

Foreign Trade Zones

U.S. foreign-trade zones (FTZs or Zones) are the domestic equivalents of what are internationally known as ‘free-trade zones.’ They are usually located in areas with geographic trade advantages, such as major seaports, international airports, and national frontiers. Within FTZs, company goods can be unloaded, manufactured, reassembled, tested, sampled, processed, repackaged, and re-exported without the intervention of U.S. customs authorities. Only when goods are moved outside a Zone do they become subject to U.S. customs duties. Zone status may also make sites eligible for state and local tax benefits. A Foreign Trade Zone is located in Haltom City on property owned by Mercantile off of Beach Street.

For more information download this PDF file.

State of Texas Enterprise Zone Program

Designated projects are eligible to apply for state sales and use tax refunds on qualified expenditures. The level and amount of refund is related to the capital investment and jobs created or retained at the qualified business site. The program is administered through the Texas Comptroller. For more information visit this link.

Tax Rate

Haltom City's municipal ad valorem tax rate is $0.66576 per $100 valuation.

Triple Freeport Exemption

A freeport exemption is a property tax exemption. Freeport property includes various types of property that are detained in Texas for a short period of time (175 days or less) to be transported out of Texas. The county, city and school district participate. This is administered by the Tarrant Appraisal District.

Tax Increment Finance District

To encourage new development on vacant land along the IH 820 Corridor, Tax Increment Finance Districts have been created. For more information please contact the Economic Development Department at 817-222-7733 or via email.

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Economic Development
City Hall
5024 Broadway Ave.
Haltom City, TX 76117
Monday - Friday
8:00 a.m. - 5:00 p.m.
Economic Development
817-222-7745

Email Staff

IH 820 Retail Development Opportunities

Haltom City has opportunities for commercial growth along the IH 820 corridor with outstanding accessibility and visibility. The completion of expanded lanes in conjunction with new frontage roads, backage roads and exit ramps make this area prime for development.

With over 300 acres available for new development, Haltom City is offering incentives and development assistance grants to maximize economic potential to attract quality tenants whom wish to take full advantage of the property and its unique attributes.

Foreign Trade Zones, Enterprise Zones and Triple Freeport are examples of other incentives that are available and listed above.

For more information please contact the Economic Development Department by filling out this contact form (City Manager Rex Phelps) or by calling 817-222-7745.

  • 5024 Broadway Ave.
  • Haltom City, Texas 76117
  • 817-222-7700