Texas Trust Credit Union will move its headquarters to their location at 1531 North Cooper St. and has committed to creating 175 jobs by mid-2026. The project – totaling over $15 million – will include substantial building enhancements, including updates to HVAC and elevator systems, lobby renovations and exterior improvements.
“We are excited about the impact this partnership will have on the City of Arlington and Texas Trust Credit Union,” said Josh Mejia, economic development specialist at the City of Arlington.
“From the outset, we’ll see significant capital investment in a well-known building site, growth in the company’s employee base, and the initiation of Class A development that will attract more corporations to our community. We are proud to partner with Texas Trust Credit Union, a great steward of our community,” Mejia said.
The Arlington City Council voted on Nov. 19 to approve a tax abatement agreement between the City and Texas Trust Credit Union, which was established in Arlington in 1936. Under the agreement, Texas Trust will receive a 75% tax abatement on the increased property value for 10 years, conditional upon meeting specific improvement and employment conditions by the end of 2025.
"The City of Arlington is thrilled to support Texas Trust Credit Union's strategic expansion at the key I-30 and Cooper St. intersection," said Gus Garcia, director of economic development for the City of Arlington.
"This project not only signifies a major investment in Arlington but also introduces at least 175 jobs, boosting our city's prominence as a central hub in the DFW metroplex and attracting transformative redevelopment and corporate relocations. We eagerly anticipate Texas Trust becoming a landmark in our community as they embark on this significant growth phase."