About Tirz 15
WHAT IS A TIRZ?
Tax Increment Reinvestment Zones (TIRZs) are special zones created by City Council to attract new investment in an area. These zones help finance costs of redevelopment and promote growth in areas that would otherwise not attract sufficient market development in a timely manner. Taxes attributable to new improvements (tax increments) are set-aside in a fund to finance public improvements within the boundaries of the zone.
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WHO WE ARE AND WHAT WE DO
The creation of TIRZ 15 was passed and approved by the city of Houston, TX on July of 1999. View Document.
The purpose of the Zone is to set forth goals, expectations, and redevelopment plans and programs necessary to create and support an environment attractive to private investment; and to ensure that the improvements will result in the long-term stability and viability of the area. Find out more.
DEVELOPMENT GOALS FOR TIRZ 15 ARE:
To provide for high-quality area amenities and connectivity to venues such as the Buffalo Bayou, Discovery Green, Emancipation Park, the proposed EaDo Cap and Greater Houston by various modes including pedestrians and bicyclists.
To put in place development policies that would help achieve a vibrant, walkable, safe and urban environment.
To provide incentives through reimbursement of capital funds to businesses that would help achieve the desired physical character and functionality of the area.
To enhance the user experience of the Entertainment District within EaDo, by building around the location of the existing entertainment venues and to attract users from the Greater Houston area.
- To recognize the coming changes in transportation technologies that would affect land as well as built space utilization.
BUDGET, ORDINANCES AND OTHER DOCUMENTS
MAPS & BOUNDARIES
Meetings of the Board of Directors for the East Downtown Management District are held every month on the 3rd Monday at 12:00 PM.
Meetings for 2019 will take place at: Lucky’s Lodge at 2024 Rusk Street, Houston TX 77003
The first meeting of the calendar year is in January and the last in November. On occasion, the date or time of a board meeting may change, or special meetings may take place as necessary.
The next public Meeting is on: TBD
Past Public Meetings:
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