Tax Increment Reinvestment Zones (TIRZs) & Development Authorities
Reinvesting In Community Infrastructure and Revitalization
TIRZs enable municipalities to reinvest property tax and sales tax revenues into targeted geographic areas.
ABHR provides comprehensive legal counsel for TIRZs, including:
Creating TIRZs
Drafting and amending project and financing plans
Annexation negotiations and agreements
Negotiating inter-local agreements for the participation of taxing entities
Facilitating development and financing agreements
Serving as bond counsel in the issuance of tax-exempt contract revenue bonds, securitizing tax increment revenue streams.
Project Spotlight
East River Mixed-Use Development
Land Planning and Negotiation | Tax Increment Reinvestment Zones (TIRZ) & Development Authorities | Economic and Community Development | Government Relations
This large-scale urban redevelopment required coordination among multiple taxing entities and structuring long-term financing to balance public infrastructure needs with private development economics
Scale
150+ acres, with more than 6,000 feet of waterfront
Residential Development
1,400+ multifamily units
Commercial Development
Nearly 9 million square feet of Class-A office space
Retail Development
500,000 square feet
Economic Impact
300% increase in taxable assessed value since 2021
The establishment of the City of Houston TIRZ 18 created a self-sustaining model for funding roads, utilities, and open spaces, to enable the conversion of underutilized land into Houston’s largest mixed-use district.
Lago Mar Development Authority
Uptown Development Authority
Eastern Glades
Memorial Park Land Bridge
Related TIRZ Projects
The firm pioneered the practice of creating Local Government Corporations (commonly called Redevelopment Authorities) to manage and finance TIRZs and has been instrumental in shaping the legislation governing these entities.
Baytown Redevelopment Authority
East Fort Bend County Development Authority
Katy Development Authority
Lago Mar Development Authority
Lake Houston Redevelopment Authority
Medical Center Area Redevelopment Authority
Memorial City Redevelopment Authority
Mission Redevelopment Authority
Missouri City Development Authority
Montrose Redevelopment Authority
Nassau Bay Redevelopment Authority
St. George Place Redevelopment Authority
South Manvel Authority
Sugar Land Town Square Development Authority
Sunnyside Redevelopment Authority
Uptown Development Authority