Nichols Jackson’s attorneys have extensive experience in all areas of economic development and can help your city utilize all of the tools in its belt to bring development, redevelopment and viability to the City. Regardless of size and geographical location, the proper utilization of economic development tools can stimulate growth, stabilize or increase the tax base, generate employment, and control development. The Firm is extremely knowledgeable in all aspects of tax abatement, tax increment financing, freeport exemptions, foreign trade zones, hotel occupancy taxes, Type A and Type B economic development corporations and sales taxes, economic development grants and incentives under Chapter 380 of the Local Government Code, public improvement districts, tax increment reinvestment zones, local government corporations, and municipal management districts. The Firm’s experience in the economic development area is recognized throughout the state, as evidenced by the frequency with which our attorneys are called upon to speak at meetings and seminars on the topic.Current or recent client economic development projects include, but are not limited to, the following: a convention center and hotel in Allen, Texas; the expansion of an existing Outlet Mall in Allen, Texas; KDC project for the State Farm Regional Headquarters located
Current or recent client economic development projects include, but are not limited to, the following: a convention center and hotel in Allen, Texas; the expansion of an existing Outlet Mall in Allen, Texas; KDC project for the State Farm Regional Headquarters located with a Tax Increment Financing District in Richardson, Texas; two Tax Increment Financing projects for Town of Prosper, including one with Blue Star Development (Dallas Cowboys) for 500 acre mixed-use retail development; and the Bayside Project in Rowlett, Texas, a $1 billion development project which is slated to include residential, retail, hotel and resort development at the former Elgin Robertson Park area.
We understand how important it is for your city and community to attract businesses and other commercial projects. That is why we consider it a high charge to be able to partner with your municipality to create an environment that is sustainable for growth and to implement incentives and attractability for your city. Our team of professional attorneys bring years of experience and expertise to your city and ensure that your growth is the forefront of the initiative.
Moving to a new city and a new market is a complex decision to make for business owners, and convincing those business owners to make that move to your city is even more difficult. Our team here at Nichols Jackson is prepared to help with the burden of creating incentives such as tax abatements. Whatever your needs are, NJDHS has a team of attorneys and unlimited resources that are offered to your fingertips to ensure that your city grows.
One of the major keys to making your city and municipality succeed and innovate is what your public property and land looks and feels like. At Nichols Jackson, we help cities with the complicated processes of establishing public improvement districts to propel them to the next level.