Colony Park Development Agreement

TIRZ Council Approval

  • On November 3, 2022, City Council held a public hearing and approved an ordinance authorizing the creation of Tax Increment Reinvestment Zone (TIRZ) No. 20 as key component of the Colony Park Sustainable Community project funding strategy.  A TIRZ is a financing tool enabled by Texas Tax Code to encourage economic development within a defined geographic area or zone. A TIRZ for Colony Park would provide a means of financing the costs of public works, public improvements, programs, and other projects benefiting the zone.  Follow this link to download the Colony Park Sustainable Community Preliminary Project and Financing Plan

Exclusive Negotiating Agreement (ENA)

Planned Unit Development (PUD) Zoning Ordinance

Master Plan    

Master Plan Open House

Workshop IV: Presentation of the Draft Master Plan

Workshop III: Scenario Planning

Workshop II: Building Blocks

Workshop I: Listening Session

U.S. Department of Housing and Urban Development (HUD) Grant Documents

  • Project summary, goals, activities, and partnerships [Download]
  • HUD Award Memo, Released November 2011 [Download
  • Challenge Grant Application, Submitted September 2011 [Download

Project Area Documents

  • Neighborhood Housing and Community Development, Community Profile [Download]
  • Planning and Development Review Department, Complete Communities Report [Download
  • Watershed Protection Department, Site Analysis Report [Download]
  • LJA Engineering & Surveying, Inc., Development Feasibility Study [Download]