The City of Houston designated the TPMS DA LLC Reinvestment Zone to support a $25 million mixed-use development project. The zone, located at 1315-1325 S. Dairy Ashford and 12550 Briar Forest, will include approximately 90,000 square feet of modern retail, restaurant, and office space. This project is projected to create $90 million in new taxable value. A public hearing was held on November 6, 2024, and the zone meets the criteria established in the City's tax abatement guidelines.
The creation of this reinvestment zone promotes economic growth by incentivizing significant investment in a mixed-use development that will enhance the local economy and community amenities.