FINANCIAL_SERVICESAPPROVED

City of Arlington Awards Financial Services Contract to Balfour Flats Venture Lp (August 2026)

The City of Arlington is approving an Amended and Restated TIRZ Chapter 380 Grant Agreement with Balfour Flats Venture, LP to support expanded public improvements for a 99-unit multifamily project downtown. TIRZ 1 will reimburse up to $2,250,000 for eligible infrastructure costs, and the City will waive key construction-related fees. The amendment also formalizes assignment of the prior agreement from Pershing Development, LLC to Balfour Flats Venture, LP.

Status
APPROVED
Document date
August 3, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Balfour Flats Venture Lp
Agency
City of Arlington · TX

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Not to exceed $2,250,000
Contract type
FINANCIAL_SERVICES
Renewal
Agreement is amended and restated to reflect expanded project scope, increased units, additional reimbursement, and assignment from Pershing Development, LLC to Balfour Flats Venture, LP. Term and any renewal provisions are not specified in the staff report.
Document type
StaffReport
Source document
City of Arlington Staff Report Balfour Flats Venture, LP – Amended and Restated TIRZ Chapter 380 Grant Agreement 2026-08-04

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Arlington?

Balfour Flats Venture Lp was awarded this financial services contract by City of Arlington, as recorded on August 3, 2026. The contract value is Not to exceed $2,250,000.

How much is the Balfour Flats Venture Lp contract with City of Arlington worth?

The Balfour Flats Venture Lp contract with City of Arlington is valued at Not to exceed $2,250,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a staffreport record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Arlington Staff Report Balfour Flats Venture, LP – Amended and Restated TIRZ Chapter 380 Grant Agreement 2026-08-04 (StaffReport), dated August 3, 2026 from City of Arlington. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Balfour Flats Venture Lp hold?

Balfour Flats Venture Lp may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is City of Arlington currently buying?

Explore City of Arlington's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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