Funds generated within individual TIRZ are used to fund local redevelopment projects that improve the quality of life for neighborhood residents and visitors.
The Majestic Courtyard is located in the Houston Street TIRZ #9 and is only one of many Houston Street projects completed utilizing TIF funds. Its completion has brought to the TIRZ an urban park, a beautiful setting in which to relax, in what is now a lively sector of the City's Central Business District.
Between 1980 and 1990 the Brookside area experienced a 129% increase in population compared to 19% population growth citywide. This TIRZ, located near the Brooks City-Base TIRZ, now a thriving and relevant commercial district, provided needed affordable and mixed-income housing. Approximately $1.9 million of TIF funds were used to upgrade streets, utilities, sidewalks and drainage.
Hays Street Bridge
Built in 1881, this historic bridge was deemed structurally unsound and barricaded in 1982. After 28 years of community activism to restore its use, it has reopened to bicycle and pedestrian traffic and now provides a link between the historic Eastside and downtown San Antonio. Included in its $3.7 million rehabilitation budget were $200,000 in Inner City TIRZ #11 TIF funds. The restoration of this historical landmark includes benches, informational signage on the history of the bridge and a public art component along the new approach railings.
Texas A&M University - San Antonio
Located in the Verano TIRZ #28, the new Texas A&M - San Antonio campus will have an estimated enrollment of 25,000 students at full build-out. The TIRZ will reimburse costs associated with the public improvements for these plans and at its completion, will enhance the quality of life for the existing residents of the region. Additionally, the City will gain a self-sustaining, mixed use community in the spirit of the initiatives set forth by existing community plans.
Houston Street Walgreens
Although Houston Street was once San Antonio's preeminent retail street, over the past thirty years, many of the area's structures experienced high levels of vacancy, neglect and deterioration. As one of the many improvements in the Houston Street TIRZ #9, facade improvements to one of downtown San Antonio's largest drugstores provides a new and vibrant welcome to downtown residents and visitors.
Presa Street Linkage
San Antonio's historic Riverwalk now has greater pedestrian access through the Presa Street Linkage. This linkage helps to create a more walkable downtown neighborhood. It includes a stepped foot path, an elevator that provides access between street level and the Riverwalk, landscape and streetscape improvements, improved lighting and other pedestrian enhancements.