City of Aledo - East Parker County Chamber of Commerce

City of Aledo
A Foundation Built on Tradition,
Education and a Great Location
By Marsha Brown
elebrating 50 years as an incorporated city
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and the Parker County city nearest to the
West end of the Metroplex, Aledo represents one
of the most promising opportunities for retail
development in North Texas.
But, according to Mayor Kit Marshall, Aledo’s
greatest feature is its citizens.
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East Parker County Chamber of Commerce | relocation & Area Guide 2014 - 2015
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817.441.7016
200 Old Annetta Road
Aledo, Texas 76008
www.aledo-texas.com
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Within a 10-minute drive time of
Aledo, sits 7,881 homes with an
average income of $97,816 and it’s
only going to get better.
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Aledo is the first incorporated city
west of Fort Worth near the fast
growing I-20 corridor and the Walsh
Ranch Development.
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Photos provided by City OF Aledo; map courtesy of the community news
www.EastParkerChamber.com 17
Economic Development Corporation
QUICK BUSINESS FACTS
ALEDO: Small Is An Advantage
Location: Aledo is located in the western
part of the Dallas/Fort Worth/Arlington
Metropolitan Statistical Area (MSA) and
the Dallas/Fort Worth Metroplex.
Upscale Housing Means
Upscale
Shoppers
Distance in miles to:
Fort Worth..............................16
Dallas....................................48
D/FW Airport..........................42
Aledo Trade Area:
5-Min.10-Min.
Drive Time Drive Time
Population5,023 25,737
Households1,498 7,881
Work Place
1,210
4,206
Household Income:
Average $77,447$97,816
Median $70,796$82,375
Population:
Aledo
Parker County
19901,169 64,785
20001,726 88,485
20102,716 116,927
20206,050 187,892
A number of master-planned neighborhoods within Aledo’s market area are
in various stages of development, including the Parks of Aledo, a development
that has 296 residential lots platted; Brookhollow, a mixed-use development,
will have 127 single-family homes when completed.
“Aledo’s residents tend to do a great deal of their shopping outside the community,” Aledo Mayor Kit Marshall said. “That represents a solid opportunity
Sources: Buxton; U.S. Census. NCTCOG
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East Parker County Chamber of Commerce | relocation & Area Guide 2014 - 2015
for new retail development and expansion, particularly in the areas
of food and beverage stores, food
services, building materials, garden
equipment and supply dealers, not
to mention general merchandise retailers.”
The Aledo Economic Development
Corporation is actively courting a
number of companies, hoping to
lure Grocery Stores, Restaurants,
Specialty and Boutique retail shops
and services, franchise operations
and a Farmer’s Market.
Aledo residents and business owners
tend to be fiercely loyal to their community and have a deep appreciation for the community’s history and
a strong loyalty to local businesses.
“They make very good, honest customers,” Marshall said.
Economic Development Corporation
QUICK BUSINESS FACTS
Aledo Retail Sales and Outlets:
Year
Gross Sales $
2011
63,344,756
2010
61.222.515
2009
59,032,287
2008
59,599,343
2007
53,556,001
2006
66,242,354
2005
61,211,998
2004
54,094,996
2003
49,927,469
2002
53,428,100
Outlets
307
271
267
246
257
265
262
267
256
232
Sales Tax Rate:
State of Texas...............0.062500
Parker County...............0.005000
City of Aledo..................0.015000
Total..............................0.082500
Sources: Buxton
www.EastParkerChamber.com 19
Roadwork Today
Equals Easy
Access Tomorrow
Aledo’s main thoroughfare, FM 1187, will be completed
later this year. It will be a concrete four-lane, divided
landscaped highway serving thousands of vehicles a day
and providing access to new neighborhoods and commercial development.
City Hall Grounds, a planned multi-activity civic plaza,
will open in the center of the City at a later date.
Better Education is
an Aledo Tradition
The Aledo Independent School District serves 4,878 students from East Parker County and a portion of Tarrant
County. Five campuses of this large district are located in
the city limits of Aledo. That’s a daily business opportunity.
Aledo’s Historic Downtown Business District and three
commercial corridors create a fertile environment for new
businesses, retail and restaurant opportunities.
Economic Development Corporation
QUICK BUSINESS FACTS
Property Tax Rate:
City of Aledo................0.394300
Aledo ISD.....................1.425200
Parker County..............0.306540
College District............0.104920
Hospital District...........0.113000
Road District................0.083180
Total............................2.427140
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East Parker County Chamber of Commerce | relocation & Area Guide 2014 - 2015
Utilities, Transportation,
Services
Electric Power:
Tri-County Electric – 817-279-7010
Oncor – 977-460-7066
Electric Service – 886-797-4839
Communications:
AT&T – 800-464-7923
Natural Gas:
Texas Gas Service – 817-599-2722
Water/Sewer:
City of Aledo – 817-441-7016
Waste Disposal:
Duncan Disposal – 800-644-3961
Highways:
Aledo is two miles from I-20 and three
miles from the intersection of I-20 and
I-30.
Rail:
Aledo is served by the main line of the
Union Pacific
Traffic Count:
Downtown Aledo – 14,200 vehicles per
day.
Government
Incorporated in 1963, The City of
Aledo operates as a Type A General
Law City with a City Administrator.
The City Council is composed of the
Mayor and five Council Members.
The nonprofit Aledo Economic Development Corporation is funded by
the ½ cent sales tax and the seven
member board is appointed by the
City Council.
A strategic economic development
plan was adopted by the Aledo City
Council in 2010.
Target
Businesses:
Grocery Store, Restaurants, Farmers Market, Specialty and Boutique
Retail Shops/Services, Franchise Operations and Developers/Investors.
Target
Incentives:
Targeted businesses that locate or
operate in Aledo’s Commercial Corridors may be eligible for the following incentives:
•F
açade Matching Grants
•S
ignage Matching Grants
• I nfrastructure Cost Rebates
Organizations holding events that
bring visitors to the city may be eligible for Marketing Matching Grants. n
The City of Aledo and the Aledo Economic
Development Corporation are eager to
work with and assist businesses, developers and investors who desire to locate or
expand in the City or its Extraterritorial
Jurisdiction and will make every effort
to expedite all processes and to meet timelines.
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East Parker County Chamber of Commerce | relocation & Area Guide 2014 - 2015