IH-20 Business Park TIRZ

The IH-20 Business Park Tax Increment Reinvestment Zone (TIRZ) was created in July 2018 and expanded in July 2021 to have a 33 year term, expiring on December 31, 2051. The TIRZ tax increment is 50 percent of the City’s captured value and the City is the lone jurisdiction participating. The TIRZ consists of two noncontiguous areas:

• A 248-acre area located along McKenzie Road (IH-20 Area) includes a 34.94 acre tract that will be developed as retail and the remaining assemblage of land will be developed as on contiguous industrial park with distribution cross-dock and cold storage uses and possible data center.

• A 934-acre area including the Mesquite Airport and generally located south of Scyene Road, west of Lawson Road, north of Berry Road, and east of Ash-ley Furniture Distribution Center, 3790 Faithon P Lucas Sr. Boulevard. This area will be developed mostly industrial with some private airport hangar development east of the Mesquite Metro Airport. The area plans to include Class A Industrial buildings specializing in build-to-suit facilities to house dis-tribution/cross-dock and cold storage operations.