Economic Development

TOASE has extensive experience in all areas of economic development. The promotion of economic development is often a primary objective of local governments in maintaining or achieving the community's goals and financial viability. Economic development, whether through new projects and development, or redevelopment, often requires creative public incentive packages and a full understanding of the legal requirements. Regardless of the size of the economic development project, the lawyers at TOASE are adept in the proper utilization of the numerous statutory authorities available to achieve the intended goal.

Draft development agreements complying with complex State laws, and negotiate allowed incentives with developers on behalf of our client cities
Assist in creating Type A and Type B Economic Development Corporations, establishing the sales tax for the benefit of the Corporations and drafting Economic Development and Performance Agreements to implement permitted projects for the Corporations
Provided legal counsel in the creation of Reinvestment Zones, drafted criteria for tax abatement, and negotiated and drafted tax abatement agreements
Assisted in the creation of Tax Increment Financing Zones, provided legal advice to TIF boards, and negotiated and drafted TIF agreements
Drafted special state legislation to create the Kennedale Town Center Municipal Management District

Southlake - DPS Southlake - DPS Parking Garage Parking Garage Shopping Center Renfro Square Fountain Mansfield - Big League Dreams Sports Park Mansfield - Hawaiian Falls Water Park Southlake - DPS South - Water Tower Burleson - Golf Course Burleson - Golf Course Burleson - Community Center Burleson - Community Center

TOASE has handled a number of multi-million dollar development projects involving both public and private developments including:

Southlake Town Center and Parking Garage
Kennedale Town Center
Mansfield Big League Dreams Sports Park
Mansfield Hawaiian Falls Water Park
Southlake DPS Building
Southlake Water Storage Tanks
Hidden Creek Golf Course
Burleson Community Center