Leasing Opportunities Available at Historic Building

SCM Real Estate, who has beautifully renovated the historic “V” building located at 255 N. Center St. in downtown Arlington, is offering leasing opportunities that are sure to be popular. The firm, which acquired the old Chevrolet dealer site in 2006 for a new corporate headquarters, has successfully converted the structure into one of the first showcases of Arlington’s new multi-use downtown urban re-development plan.

“We’re proud of Arlington’s business heritage and we hope The V becomes a tribute to the hard work and loyalty of so many who planned for where we are today,” said Mark Joeckel, SCM’s Director of Brokerage Group. “It’s an exciting time to be a company in the midst of one of Texas’ top urban re-development districts.”

Constructed in 1927, the Vandergriff building is regarded by historic preservationists as the oldest intact commercial structure in Arlington on its original town site. Wherever possible, the building’s original features were carefully restored. SCM worked with the Texas Historical Commission to make The V building part of the National Register of Historic Places.

SCM plans to occupy the second floor of the restored Vandergriff building. The company celebrated its new headquarters and the opening on Friday, July 18. For more information about The V, visit http://www.vandergriffbuilding.com.

The Vision

The vision for downtown Arlington includes developing a unique identity and brand for the Downtown/University area, separate from other known destinations but related geographically to major generators.  

Downtown Arlington and the University of Texas at Arlington co-exist – inherent in our vision is the opportunity to brand and differentiate this part of Arlington together from other commercial and visitor areas, and to build on its unique strengths.  

Downtown Arlington recruitment efforts will focus on defining a niche for tenants interested in catering to the University audience as well as the 67,000 daytime employees in the area.

A key part of our vision is about making downtown more walkable and attractive, creating an environment that attracts both creativity and investment.

Existing attractions located near I-30 will be enhanced by the new Dallas Cowboys Stadium and the proposed development that will be adjacent to these major sporting attractions.

While we can certainly benefit from business and visitors generated by major sporting and attraction venues located nearby, our downtown Arlington vision will secure a more year-round, community base of tenants and uses that can set us apart from the “run-of-the-mall” tenant mix that pervades large scale development.

Our Master Plan includes defining key corridors and areas that are most condusive to redevelopment, and providing infrastructure, improvements and an active street life in order to enhance the built environment. 

Making connections along  Abram Street and UTA Boulevard, parallel to the University of Texas at Arlington’s campus edge, will be a fundamental part of our strategy to achieve the vision for the Downtown/University District. 

Strategies also include providing long-range planning and solutions to calm traffic, and assist in addressing urban design and transportation issues associated with rail and automobile traffic.

Revitalization  |  Downtown Arlington Master Plan  |  Work Plan Priorities

Several exciting projects are already underway in downtown Arlington, building investor confidence and community support for more.  The Downtown Arlington Management Corporation will assist and facilitate public/private business leaders in connecting, leveraging and promoting economic development projects in the downtown area.

Incentives for Development and Investment in Downtown Arlington

• Tax Increment Financing (all taxing authorities participate)
• Tax Abatements
• CDBG Grants
• Enterprize Zone

Downtown and Mixed Use Design Standards

• Adopted in October 2005
• Helps shape Downtown’s architectural character - look and feel
• Aid in revitalization of Downtown
• Adds predictability to City development review process
• Encourages high intensity, pedestrian-oriented development

Automated Permitting, Inspections and Registration

The City's regulatory environment has been streamlined by the launch of ArlingtonPermits.com, online services designed to provide builders and contractors with a single point of contact for development resources. Property owners, contractors, engineers and architects have 24-hour web access to apply for permits, check the status and view the results of inspections, and make electronic payments for building fees.

Planning & Zoning Requirements