CITY COUNCIL WORKSESSION, April 28, 2026
Votes on Proposed tax abatement for Celestica electronics manufacturing project
What happened
This Fort Worth City Council work session featured no formal votes; it was a briefing session with two proposed economic development tax abatement agreements set for Council consideration on May 12th.
- Jurisdiction
- Fort Worth, TX
- Governing body
- Final authority
- Date
- April 28, 2026
- Decisions
- 3 zoning decisions
- Outcome
- Voted
Free sample: decision 1 of 3
Proposed tax abatement for Celestica electronics manufacturing project
Cherie Gordon presented a proposed 10-year tax abatement agreement to abate 80% of incremental real and BPP property taxes for Celestica, an electronics manufacturing company. Two sites at Alliance Center North: Site 1 (Alliance Center North 4, 15301 North Beach, an existing building) and Site 2 (Alliance Center North 6, ~1 million sq ft planned greenfield building). Minimum capital investment $876 million ($400M real property, $476M BPP), minimum 1,715 full-time jobs, average salary $75,000, 30% small business goal. All-or-nothing deal. Estimated incentive $41.7 million ($30.6M NPV), city participation 3.5%, public-private ratio 28.8 to 1. For MNC consideration on May 12th. No vote taken.
- Must deliver on both sites to receive incentives
- minimum 1,715 full-time jobs
- failure to meet minimum capital investment results in proportional abatement reduction up to 10% less, beyond which default
- failure to meet jobs or $75,000 salary requirement forfeits annual abatement
- abatement halved to 40% in any year more than 50% of jobs earn less than $60,000
The other decisions are listed below by title. The full write-up, verbatim conditions, and the audio at each vote are in Pro.
Meeting Summary
This Fort Worth City Council work session featured no formal votes; it was a briefing session with two proposed economic development tax abatement agreements set for Council consideration on May 12th.
Key Decisions (3)
Proposed tax abatement for Celestica electronics manufacturing project
Proposed tax abatement for Morand US Holdings aerospace project
Proposed fee for missed/skipped building inspections
Development Activity (3)
Celestica electronics manufacturing campus at Alliance Center North
Industrial
Morand US Holdings aerospace facility at Campus Park
Industrial
TexRail Medical District Extension
Infrastructure
Market Signals (5)
Commercial Demand
Two large advanced-manufacturing operators (Celestica electronics, $876M/1,715 jobs; Morand aerospace,…
Infrastructure
Trinity Metro reports TexRail ridership growing 15-20% compounded annually with…
Commercial Demand
Celestica positioned itself as 'rocket fuel to the AI current…
Who Spoke (20)
On the record: 2 councilmembers, 8 staff members, the applicant, and 2 witnesses.
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