The proposed TIRZ No. 3 would generally include property along Dallas Parkway from US 380 to Frontier Parkway and parts of the downtown area. (Colby Farr/Community Impact)
Prosper officials are moving forward with plans to create a new tax increment reinvestment zone, or TIRZ, aimed at encouraging development along the Dallas North Tollway and surrounding areas.
The proposed TIRZ No. 3 would generally include property along Dallas Parkway from US 380 to Frontier Parkway and parts of the downtown area. At their Nov. 25 meeting, Prosper Town Council held a public hearing on the creation of the new TIRZ and reviewed the proposed investment plan…