FINANCIAL_SERVICESAMENDED

Pershing Development TIRZ Grant Amended and Assigned

Arlington’s previously approved TIRZ Chapter 380 Grant Agreement with Pershing Development, LLC for $1,550,000 in public improvement funding is being amended and restated. The total reimbursement amount is increased to $2,250,000 and the agreement is assigned to Balfour Flats Venture, LP to reflect the expanded development scope.

Status
AMENDED
Document date
August 3, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Pershing Development Llc
Agency
City of Arlington · TX

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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
$1,550,000 (original grant), increased to $2,250,000 under amendment
Contract type
FINANCIAL_SERVICES
Renewal
Original Chapter 380 Grant Agreement approved in December 2024 is now amended and restated to increase funding and assign rights and obligations to Balfour Flats Venture, LP. No specific renewal or expiration dates are described 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?

Pershing Development Llc was awarded this financial services contract by City of Arlington, as recorded on August 3, 2026. The contract value is $1,550,000 (original grant), increased to $2,250,000 under amendment.

How much is the Pershing Development Llc contract with City of Arlington worth?

The Pershing Development Llc contract with City of Arlington is valued at $1,550,000 (original grant), increased to $2,250,000 under amendment, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a staffreport record.

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 Pershing Development Llc hold?

Pershing Development Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Pershing Development Llc's profile

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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