Value Capture Webinar Series

Capacity Building Webinar:
Value Capture: Incremental Growth Techniques and Case Studies - Presentations

August 22, 2019

View as PDF

Introductory Slide

Value Capture Incremental Growth Techniques and Case Studies

Upcoming Webinars

Topic Date Time Register Online Webinar Materials
Understand Value Capture Tools and Federal Resources June 20, 2019 Event completed

Presentations: PDF | HTML

Transcript: HTML

Webinar: Listen online

Value Capture: Developer Contributions Techniques and Case Studies June 27, 2019 Event completed

Presentations: PDF | HTML

Webinar: Listen online

Value Capture: Capital Improvement Plan July 18, 2019 Event completed

Presentations: PDF | HTML

Webinar: Listen online

Value Capture: Special Assessment Techniques and Case Studies July 24, 2019 Event completed

Presentations: PDF  |  HTML

Webinar: Listen online

Value Capture: Incremental Growth Techniques and Case Studies August 22, 2019 Event completed

Presentations: PDF  |  HTML

Webinar: Listen online

Value Capture: Joint Development, Use ROW Agreement, and Case Studies September 19, 2019 1-2:30 pm ET Register login required to access
Value Capture: Capture Value from Existing Assets to Fund Previously Unfunded Infrastructure Projects and Case Studies October 24, 2019 1-2:30 pm ET Register   login required to access
Value Capture: Advertising, Naming Rights, and Case Studies November 21, 2019 1-2:30 pm ET Register   login required to access

Presentation 1

Value Capture: Incremental Growth Technique & Case Studies

Value Capture Techniques Summary

  • Developer Contributions - One-time charges collected by local governments from developers to offset the cost of infrastructure and services necessitated by new development.
  • Special Assessments - An additional fee or tax assessed on businesses or residents in specified geographic areas benefiting proximity to a highway or other transportation facility or corridor.
  • Fees - Similar to a utility fee, transportation fees are assessed based on how individual businesses and households use transportation facilities.
  • * Incremental Growth - A mechanism allocating back to infrastructure from some specified portion of increased property tax revenues fostered by new infrastructure - often for a specified period of time.
  • Joint Development - Sale or lease of land or air rights on or adjacent to transportation facilities. This can include donations of land or other in-kind resources from the private sector in ongoing commercial operations.
  • Concessions - Sale or lease of government owned assets - such as toll roads or bridges - to private-sector investors/operators.
  • Advertising and Naming Rights - Sale of advertising space or naming rights on a transportation facility. Note: Commercial uses within Interstate Highway System right of way, including rest areas, is prohibited by law; however, they may be allowed on toll facilities and in transit stations.

* Topic of this webinar

Outline of Presentation

  • Tax Incremental Finance Overview
  • Why is There a Need for Incremental Revenues?
  • Process to Create a TIF District
  • Federal Roles
  • Case Studies
  • Q&A
Logo -  Value Capture: Every Day Counts Innovations / Federal Highway Administration

Tax Incremental Finance Overview

Glossary of Terms

  • Tax Incremental Financing (TIF): a revenue/funding tool available to local authorities to encourage economic development that would not occur without public assistance.
  • A Tax Increment District (TID): the contiguous geographical area within a municipality consisting solely of whole units of property that are assessed for general property tax purposes.
  • "Blight" - The legal term "blight" describes a wide array of urban problems, which can range from physical deterioration of buildings and the environment, to health, social, and economic problems in a particular area.
  • Neighborhood blight and the presence of vacant and abandoned properties have profound negative impacts on afflicted communities. Blighted properties decrease surrounding property values, erode the health of local housing markets, pose safety hazards, and reduce local tax revenue.

Glossary of Terms: Base & Incremental Revenues

TIF Revenue Chart

View summary of TIF chart

  • TIF established in 2005, 25 year duration, terminated in 2032
    • TIF takes in Property Tax Revenues
      • Property Tax Base is frozen with TIF is created
      • Local government juristictions continue to collect tax revenue on that tax base
    • Incremental Tax Revenues also collected and increase as properties redevelop and develop, tax revenue increases used to pay for eligible costs
      • Redevelopment stimulates increase in property tax revenue
  • At TIF Termination, Post TIF property tax revenue available for local government jurisdictions as part of the new tax base

Tax Incremental Finance by Other Names

  • California: Redevelopment Agency (RDA)
  • Georgia: Tax Allocation District (TAD)
  • Massachusetts: District Improvement Financing (DIF)
  • New Jersey: Revenue Allocation District (RAD)
  • North Carolina: Project Development Financing
  • Pennsylvania: Transportation Revitalization Investment Districts (TRIDs)
  • Texas: Tax Increment Reinvestment Zones (TIRZ)

Overview of TIFs

  • A revenue tool that captures and uses increased property tax revenues from new development within a defined geographic area to fund public infrastructure
  • Available in 49 of 50 states and the District of Columbia
  • Represents the new tax revenues generated from new development properties within the Tax Incremental District and are split into two components:
    • Base Revenues
    • Incremental Revenues

Incremental Revenues Financing Tools

  • Pay-as-you-go financing: expenditures are undertaken as incremental revenue is realized
  • Developer financing: Local reimburses the developer for TIF-eligible costs as it obtains incremental revenues
  • Municipal financing:
    • Revenue bonds & general obligation
    • Taxable revenue bond
  • Municipal financing with developer participation: Local authority issues bonds while the developer simultaneously pledges to purchase all or a significant portion of bonds

What is the Need for Value Capture: Tax Increment Financing?

Infrastructure Crisis

National Highway System Conditions (ASCE 2017)

  • One out of every 5 miles of highway pavement is in poor condition
  • 8% or 47,000 bridges rated in poor condition
  • 43% or 260,209 bridges are over 50 years old
  • $836 billion backlog of highway and bridge capital needs
2017 Infrastructure Grades
Source: ASCE Infrastructure Report Card 2017

Text of 2017 Infrastructures Grades graphic

2017 Infrastructure Grades
Aviation D Parks and Recreation ↓ D+
Bridges C+ Ports ↑ C+
Dams D Rail ↑ B
Drinking Water D Roads D
Energy D+ Schools ↑ D+
Hazardous Waste ↑ D+ Solid Waste ↓ C+
Inland Waterways ↑ D Transit ↓ D-
Levees ↑ D Wastewater ↑ D+

America's Cumulative Infrastructure Grade - D+

A: Exceptional / B: Good / C: Mediocre / D: Poor / F: Failing

Funding Challenges

collage of various infrastructure issues
  • Eroding infrastructure diminishes mobility, public safety, and quality of life
  • State and local governments often struggle to mobilize necessary funds to maintain, rebuild, and expand their local transportation networks
  • Revenues at federal or state levels may be insufficient
  • Debt ceilings may prevent local authorities from financing capital costs

Benefits-Tax Incremental Finance District

  • Promotes development which leads to job creation, increases in property values, helps eliminate blighted areas, and protects the local tax base
  • Allows the local authority to undertake economic development activities or provide subsidies that otherwise might not be possible
  • Used to combat blight or deterioration within city districts or neighborhoods
  • Appealing tool for politicians because they do not require the local authority to raise tax rates
  • Preservation and strengthening of tax base

Who Can Form a TIF District?

  • Locals (City, County, Township, etc.)
  • Economic Development Authorities or EDAs
  • Housing and Redevelopment Authorities or HRAs
  • Port Authorities


How Tax Incremental Finance Works

Infographic: How TIF works
Source: Department of Agricultural Economics

Text of "How Tax Incremental Finance Works infographic

  1. City TIF
  2. Property Taxes, Pre-TIF Base AV (County, City, School, Other)
  3. City Sells Bond
  4. Infrastructure
  5. Development
  6. Added Property Taxes to City for Debt Service
  7. Debt paid, TIF expires, Property tax goes to all units

Process to Create a TIF District

How to Create a TIF District

Text of "How to Create a TIF District" flow chart

  • Project Initiation (Determine project feasibility)
    • Discuss with Overlapping Taxing Entities
      • Plan Formulation
        (Create redevelopment "but for" test & financial plans)
        • Outreach
          (Stakeholders & especially property owners in the district)
          • Adoption
            (Conduct public disclosure & get political and legal approvals)
            • Implementation
              (Manage construction process & manage project finances)
              • Evaluation & Termination
                (Dissolve tax increment district)

The "But For" Test

The "But-For" Test

  • A key statutory requirement
  • The fundamental purpose of TIF is to attract investment to an area in which little or no new development or growth would take place without the use of the TIF
  • This is sometimes called the "but for" test - no growth/development would happen but for the use of TIF

TIF District Maintenance

  • Annual TIF audited reports
  • Update district database to provide information for interested parties
  • On-going monitoring and continuing disclosure requirements
  • Investor quarterly reports

Termination of Tax Incremental Finance District

  • Reach the end of maximum Tax Incremental Finance District statutory life (25-30 years)
  • A TIF District may be terminated by a resolution from the municipality's government
  • The Department of Revenue must be notified
  • A final accounting report (audited financial statement) must be completed

Challenges: Community Buy-In

  • Redevelopment and economic development do not happen in a vacuum, and the process can be highly political
  • Diversion of tax dollars for private development can be controversial
  • Raises policy questions regarding the proper role of government
  • Issuance of "public" debt for "private" development can be unsettling
  • Tax revenue "diverted" from other municipal services
  • The TIF mechanism can be difficult to understand
  • Redevelopment can trigger emotional responses

Federal Roles

Federal Role in Value Capture Strategies

Federal Role in Value Capture Strategies Infographic

Text of "Federal Roles" Infographic

Universe of Land under State Legal Authority

Land Owned/Regulated by City/County

  • Depends on local policies
  • Decision at the city/county level
  • State DOT and FHWA have no direct influence
  • Land Owned/Acquired by State DOT with State Funds

    • Decision at the State level
    • FHWA has no direct influence

    Land Purchased with Federal Funds

    • State DOT and FHWA have direct influence
    • US DOT supports value capture

Value Capture Implementation Team


  • Thay Bishop, FHWA Center for Innovative Finance Support, OIPD
  • Stefan Natzke, FHWA Office of Planning, Environment, and Realty


  • Jennifer Ahlin, Virginia Department of Transportation
  • Janine Ashe, FHWA District of Columbia Division
  • David Cohen, FHWA Office of Project Development & Env. Review
  • John Duel, FHWA Office of Planning, Environment, and Realty
  • Kathleen Hulbert, FHWA Infrastructure Office
  • Andrea Kirk, FHWA Center for Local-Aid Support, OIPD
  • Chip Millard, FHWA Freight Management & Operation
  • Diane Mobley, FHWA Chief Counsel Office
  • Kevin Moody, FHWA Resource Center
  • Ben Orsbon, South Dakota Department of Transportation
  • Jill Stark, FHWA Office of Planning, Environment, and Realty
  • Lindsey  Svendsen, FHWA Office of Planning, Environment, and Realty
  • Jim Thorne, FHWA Office of Planning, Environment, and Realty
  • Bingxin Yu, FHWA Transportation Policy Studies

VCIT Focus Areas

Communication - Developing the tools to help FHWA staff and others promote Value Capture to local public agencies (Value Capture Implementation Manual)

Technical assistance - Providing technical assistance to local public agencies interested in pursuing Value Capture (Peer Program)

Clearinghouse (website) - Identification of best practices and lessons learned and promoting further discussion on innovative funding options for local public agencies, lessons learned from past and current efforts, etc

Value Capture Implementation Manual

Implementation Manual cover

1. Introduction

2. Assess Funding Options and Need for Value Capture

3-8. Select Appropriate Value Capture Technique

9. Develop Business and Economic Case and for Stakeholders

10. Address Real Estate Risk

11. Establish Regulatory Framework

12. Implement Funding and Financing Plan

Case Studies

EDC-5 Funding Opportunities

State Transportation Innovation Council (STIC) Incentive

Accelerated Innovation Deployment (AID) Demonstration


Thay N. Bishop,

Questions & Answers

Presentation 2

logo: Invest Atlanta


August 22, 2019





Tax Allocation Districts and Corridors

map of Atlanta's Tax Allocation Districts

Atlanta's Tax Allocation Districts

  • Westside (1992/1998 expanded)
  • Atlantic Station (1999) - All proceeds pledged to debt repayment. No new projects
  • Princeton Lakes (2002) - All proceeds pledged to debt repayment. No new projects
  • Perry Bolton (2002)
  • Eastside (2003)
  • Atlanta BeltLine (2005)
  • Campbellton Road (2006)
  • Hollowell/ML King (2006)
  • Metropolitan Parkway (2006)
  • Stadium Area (2006) 3

Objectives of Atlanta's TAD Program

Each TAD was established with a redevelopment plan that addresses specific challenges.

infographic outlining key TAD goals
Source: Redevelopment Plans for Atlanta's TADs, which describe goals and challenges for each district.

Text of TAD Challenges infographic

  • Economic Development:
    • Reinforce Atlanta's competitive position. Create a "large number of jobs with a wide range of skills."
    • Bring residential and commercial development to previously under-developed areas.
    • Encourage additional public and private investment in Atlanta's redevelopment.
  • Community Redevelopment & Revitalization:
    • Revitalize blighted residential neighborhoods.
    • Replace dilapidated public housing projects with mixed-income/mixed-use communities.
    • Revitalize declining commercial corridors.
    • Build affordable housing.
    • Create an attractive, pedestrian-oriented community.
    • Connect assets, including the CBD and universities.
  • Infrastructure, Sustainabilitt abd Open Space:
    • Support the creation of pedestrian-oriented communities near public transportation.
    • Support connections to public transportation.
    • Create new open space and trails.
    • Build new urban infrastructure.
    • Conduct environmental remediation.

TAD Success Stories

TAD funding has been utilized to develop a wide array of residential, office, retail, hotel, and public amenity projects.

  • Usage: TAD bonds and incremental tax revenues have been committed to or already provided gap funding to leverage over
    $9.0 billion in private development.
  • Projects: TAD bonds and incremental tax revenues have helped fund or have been committed to:
    • Over 12 million square feet of new residential development, producing over 12,000 units, more than 20% of which are affordable
    • Over 7 million square feet of new commercial development, including hotels, stores, office buildings and a film production studio.
  • The TAD program has also helped to fund two fire stations, several community and educational facilities, open space and trail projects, and infrastructure improvement projects.
photo collage

Captions for photos in this collage

  • Moores Mill Village - Perry Bolton
  • Tribute Lofts - Eastside
  • Center for Civil & Human Rights - Westside
  • The Remington Senior Housing - Hollowell-ML King

How Have the TADs Performed?

Growth in Assessed Value

bar chart of TAD growth

Summary of TAD Cumulative Growth chart

Growth in Assessed Value ($ in millions)
  Base 2017 Digest
BeltLine $543 $1,600
Eastside $300 $761
Westside $271 $747
Atlantic Station $7 $537
Perry Bolton $66 $172
Campbellton Road $116 $142
Princeton Lakes $1 $119
Hollowell $37 $59
Metropolitan $42 $51
Stadium (Old Turner Field) $27 $26
All TADSs Cumulative Groth in Assessed Value
Base $1.41B
2017 $4.22B

Since the creation of each TAD, the cumulative increment in assessed value for all TADs is $2.81B.

Atlanta Beltline

  • Atlanta BeltLine, Inc. (ABI) was created in 2006.
  • ABI is managing the planning, design and implementation of all aspects of the project.
  • +/- 3,000 acres of underutilized land along the corridor will become available for public and private redevelopment opportunities.
  • Funding for the Atlanta BeltLine project comes from a combination of federal, state, local, and private sources.
Atlanta Beltline area map

Atlanta Beltline & Transit

  • A Coordinated Approach
  • More MARTA
    • 16 projects throughout the City of Atlanta will be funded through the More MARTA sales tax. This includes approximately $1.2 billion in funding for Atlanta BeltLine transit projects.
  • The Big Picture
    • The plan calls for 50 miles of new streetcar routes and 12 miles of connected transit, which includes investment in other forms of public transportation to provide additional connectivity to the streetcar system. The SSP was adopted by the Atlanta City Council on December 8, 2015.

Atlanta Beltline Challenges



Thank you

Presentation 3

Incremental Growth Techniques:
Transportation Reinvestment Zones

Federal Highway Administration
EDC-5 Value Capture Webinar

August 22, 2019


  • Introduction and Background
  • The Texas TRZ
  • Evolution of the TRZ Legal Framework
  • The TRZ Implementation Process
  • Opportunities and Limitations
  • Active Texas TRZs


  • Funding Transportation Needs
  • Creative Thinking
    • Doing more with less
    • Alternative Funding sources
  • Texas Legislature SB 1266 (2007) Created TRZs
  • 14 Local TRZs Since 2007


Types of Value Capture Mechanisms used in Transportation #1 of 2
Mechanism Definition Applicable Purpose Examples (State)
Impact Fees (IF)
  • One-time charge
  • Local governments collect from developers to finance new infrastructure and services for new development.
Cost recovery
  • Transportation System Development Charges
  • In OR used to fund existing and new capacity
  • Also used in WA and NJ
Special Assessment District (SAD)
  • Additional fee on properties benefiting from proximity to a new facility
  • District vote is needed
  • Projects require district vote
Capture of project expansion benefits
  • VA and OH (Downtown Improvement Districts),
  • IL Special Service Areas
Sales Tax District (STD)
  • Type of SAD requiring project beneficiaries to pay limited sales tax instead of property tax
Capture of project expansion benefits
  • IL Special Service Areas;
  • MO and KS Transportation DD
Negotiated Exaction (NE)
  • One-time charge similar to IFs but not requiring a formal process
  • Example: in-kind contributions to local infrastructure (roads, parks, etc.) for development approval
Capturing opportunity for value creation and cost recovery
  • VA proffer
Joint Development (JD or P3)
  • Development of a transit facility and adjacent private real estate
  • Private partner provides facility or makes financial contribution to offset construction costs
Capturing opportunity for value creation and cost sharing and revenue sharing with private sector
  • Massachusetts Turnpike (MA) and Washington Metropolitan Transit Authority (VA)
Air Rights (AR)
  • Form of JD
  • Dev. rights above or below infrastructure facility used to generate / capture incremental increase in land value
Capturing opportunity for value creation and cost sharing and revenue sharing with private sector
  • Massachusetts Turnpike (MA) Interstate 5 (WA)
Land Value Tax (LVT)
  • Tax imposed on land value benefiting from infrastructure
Capture of project expansion benefits
  • Pennsylvania counties (PA)
Transportation utility fees (TUFs)
  • Utility fees assessed on characteristics more closely related to transportation demand than property taxes
Cost recovery: operating and maintenance costs
  • Oregon TUF for pavement maintenance (OR)
Tax increment financing (TIF)
  • Mechanism to allocate any increase in total property tax revenues toward public investment within a designated district
Capture of project expansion benefits
  • TRZs (TX)

The Texas TRZ - Definition

  • Texas TRZs
    • Designated contiguous zone around a planned transportation improvement where properties are expected to benefit from the project through land development, value increases
    • Legal arrangement to facilitate value capture via the property and sales tax mechanism and allow the local government to use incremental tax revenue as collateral
  • Texas TRZs are not a new tax
    • Tax rates do not change
    • Revenue realized only if real property develops / increases in value
  • TRZs Expedite Transportation Projects
    • Local match contributions
    • Multiple funding sources leveraged
  • TRZ Legal Framework Has Evolved
    • Process / requirements clarified
    • Uses / types modified or expanded
  • Three TRZ Types
    • Municipal
    • County
    • Port Authority

The Texas TRZ - How it Works

Texas TRZ infographic

The Texas TRZ - Financing Options

Three Financing Options Available for TRZ Revenue Funds

Type Form Advantage Disadvantage
  • Expenditure within the budget limit
  • No financial cost
  • Slow/late delivery due to capital constraints
Municipal bond financing
  • Public financing from capital markets
  • Earlier availability of capital
  • Flexibility to finance different project types
  • Higher transaction costs
  • Higher financial (interest) costs
State Infrastructure Bank (SIB)
  • Long-term debt from the state
  • Earlier availability of capital
  • Lower transaction, (interest) costs
  • Competition with other local governments
  • Federalization: added time and cost
  • Restrictions on financing of projects off the state system

The Texas TRZ - How Funds Flow

Bond and SIB Loan Financing

Start: Public entity borrows money with TRZ revenue as collateral.

Construction: Government starts construction

Operation: Government repays debt using tax increment

TRZ Funds infographic

Summary of TRZ Funds infographic

  • Ad-Valorem Tax Increment Account is the Source of funds
    • City - Issues Bonds, Loans from SIB
      • City - uses those funds for Project Capital Expenses and Other Admin Costs, also sends repayments to Financial Entities
    • City - TRZ pays back increment revenue into the Ad-Volorem Increment Account
    • Financial Entities - Repayment income from the City, as well as debt paid back to the City
      • Surplus funds upon project completion are given to the City TRZ Zone

Evolution of the TRZ Legal Framework

Categories 2007
(SB 1266)
(HB 563)
(SB 1110 HB 2300
SB 971)
& (SB 1305)
Project Type
  • State Highway (pass- through toll)
  • State Highway
  • Local Roads
  • Transit
  • Port
  • Multimodal
TRZ Type
  • Municipal
  • County
  • County Energy TRZ
  • Port Authority TRZ
  • County Energy TRZs repealed
TRZ Management
  • Property Tax TRZ
  • Partial allocation of tax increment 10-year termination if project is not identified
  • Contracting with public/private entities
  • Bonding
  • Real property may be added in future years
  • Fund multiple projects
  • TRZ joint administration
  • Multiple administration for multiple TRZs

TRZ Implementation Process

Five Steps: Initiation to Termination

  1. Initiation
  2. Zone Formation
  3. Public Hearing and Adoption
  4. TRZ Operation
  5. Termination

1. Initiation

infographic: 1. Data collection 2. Definition of TRZ boundaries 3. Value Capture (Financial) Analysis
  1. Data Collection
  2. Definition of TRZ Boundaries
  3. Value Capture (Financial) Analysis
  • Project Identification and Need
    • Specific development/economic benefits from project(s)
    • Determine area eligibility/preliminary boundaries
    • Conduct preliminary feasibility analysis
  • Developing Stakeholder Relations and Champions

2. Zone Formation

Refine Establish Provide Notice Analyze

Refine Boundaries, Zones, Parcels

  • Must be contiguous
  • Unproductive/ underdeveloped region
  • Practical considerations drive boundaries
  • Can establish boundaries without knowing exact project limits
Establish Benchmark Year for Tax Increment Collection

Provide 60-day Notice

  • Hearing 30 Days Before Expected TRZ Designation
Refine Value Capture Revenue Analysis

3. Public Hearing and Adoption

Public Hearing Timing 30 Days after Hearing
  • Public notice
  • What government can do during 30-day period
    • Update expected project costs
    • Consider joint funding agreements
    • Conduct final boundary/parcel review, assess expected revenue impacts
    • Finalize parcel list included in TRZ
  • TRZ adopted/designated by order/resolution

4. Operation

Every Year after TRZ Adoption Monitoring, Evaluation Become Critical
  • Tax increment transferred into account
  • Not a legal requirement
  • Optimizes revenue, payment streams
  • Monitoring information valuable
  • E.g., if revenue is below expectations, develop insights to activate contingency plan

5. Termination

Dissolution of TRZ OR Dissolution of TRZ
Dec. 31 of compliance year with contractual requirement Dec. 31 of the 10th year after establishment if not used

TRZs: Opportunities

Opportunities flow chart

Text of Opportunites diagram

  • Partnership opportunities (common goal) »
    • Multimodal networks (resulting from project scope) »
      • Easier to operate compared to other finance mechanisms »
        • Opportunities

TRZs: Limitations

Limitations flow chart

Text of Limitations diagram

  • Limitations
    • « Constitutional restrictions on counties
      • « SIB: only cost-effective lending Institution

Active TRZs - 14 in Planning or Operation Phase (2017)

TRZ Name and Location TRZ Type Date Established
City of El Paso TRZ No. 2 Municipal December 2010
City of El Paso TRZ No. 3 Municipal December 2010
City of El Campo TRZ No. 1 Municipal December 2012
Town of Horizon City TRZ No. 1 Municipal November 2012
City of Socorro TRZ No. 1 Municipal October 2012
City of San Marcos TRZ No. 1 Municipal December 2013
Cameron County, TRZ No. 6 County December 2015
Hidalgo County TRZ No. 2 County December 2011
El Paso County TRZ No. 1 County December 2012
Hays County TRZ No. 1 County December 2013
Port of Beaumont TRZ No. 1 Port Authority and Navigation District December 2013
Port of Arthur TRZ No. 1 Port Authority and Navigation District December 2013
Sabine-Neches Navigation District TRZ No.1 Port Authority and Navigation District December 2013
Port of Brownsville TRZ No. 1 Port Authority and Navigation District December 2013

Active Texas TRZs:
City of El Paso TRZ

  • Comprehensive Mobility Plan 2008 ~ $1 Billion investment in federal, state and local funds
  • TRZ Contribution: $70M (7%)
  • Four project types:
    • Capacity expansion on existing roadways
    • Aesthetic improvements to I-10 corridor
    • Bus rapid transit corridors on arterials
    • New toll roads
Traffic in El Paso, Texas

Transportation Reinvestment Zone No. 2

  • Boundaries:
    • Between 1/16 - 1/4 miles from corridor centerline
    • Area: 4,434 Acres
    • Project: direct connectors from Loop 375 to I-10 (Americas Interchange and Zaragoza DC)
Transportation Reinvestment Zone No. 2 Area Map
Highway infrastructure in TRZ No. 2

Transportation Reinvestment Zone No. 3

  • Boundaries:
    • 1/16 - 1/4 mile from centerline
    • TRZ No.3: 5,513 Acres
    • Project: Loop 375 Transmountain NE Mainlane Expansion
TRZ No. 3 Area Map
Aerial view of TRZ No. 3 development

TRZ Monitoring Dashboard

sample screen of TRZ Monitoring Dashboard


User Code:


Rafael Aldrete, Ph.D.
Senior Research Scientist
(915) 532-3759 Ext. 14101