Published on March 26, 2026





Rendering of a mixed-use development that would be constructed in Downtown Arlington by Wolverine Interests, LLC.

By Susan Schrock, Office of Communication

A new four-story, mixed-use development featuring apartments and a variety of shops, offices and restaurant space is planned for Downtown Arlington. 

At its March 24 meeting, the City Council approved a development agreement between Wolverine Interests, LLC and the City of Arlington for the proposed project, which is expected to bring additional housing options and retail activity, create new jobs and significantly increase the appraised property value of the 3.41-acre site.  

Under the agreement, Wolverine Interests would invest at least $60 million by 2029 to redevelop the 500 and 600 blocks of West Abram Street and the 400 and 500 blocks of West Main Street for the mixed-use project.

The future development is required to include:


a minimum of 248 multifamily units
a minimum of 15,000 square feet of commercial space, including office, retail, food and beverage and/or personal services
a multi-level parking garage with at least 300 parking spaces

In return for meeting performance requirements outlined in a Chapter 380 agreement approved by the Council, the City would reimburse the developer up to $2,550,000 for eligible costs. These include expenses such as demolition and environmental remediation, upgrading infrastructure or relocating overhead utilities to underground service, and public streetscape improvements, such as lighting and landscaping.

The agreement requires the mixed-use development to have a minimum appraised value of at least $40 million by the 2031 tax year. The taxable value of the eight parcels already assembled for the project so far is approximately $3.312 million. 

Other required milestones for incentives include:


Acquiring one additional land parcel needed for the redevelopment site. As part of the approved economic development incentives, the City would provide the developer with an additional grant of up to $1.4 million to acquire the necessary piece of land by Aug. 15, 2026.
Completing demolition of all existing structures and site remediation by Dec.15, 2026
Completing construction of the mixed-use development by Sept. 15, 2029
Providing evidence of $60 million spent on the project by Oct. 15, 2029
Providing evidence that 70% of the project’s retail and office space have been leased by the end of 2029.

The proposed mixed-use redevelopment project aligns with the City of Arlington’s Downtown Master Plan, which established a framework to transform Downtown into the ideal place for those seeking opportunity to build their individual American Dream. Some strategies within the plan include fostering a diversity of housing types, developing a critical mass of activity and ensuring a robust, resilient economy. 

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