Economic Development
As one of the fastest growing cities in the State of Texas and located in wealthiest county (of 254 counties) in the State, the City of Fate is looking for a variety of development types to meet the needs of its 24,000+ residents.
The City of Fate boasts over 350 acres of available land situated between two major Highways, IH-30 and Highway 66. There are additional parcels of land along Highway 66 and throughout the City as well, perfect for projects both large and small.
Pardon the Dust
Two new downtown mixed-use buildings, “The Park” and “Fate Place” began construction in May 2022.
Construction fencing around the site creates a safe work zone. As a result, parking along portions of Brown Ave, the north side of Old Town Street, and all of Greenhill Lane will be closed until the project is complete. Greenhill Lane will be closed to traffic and intermittent closures of Old Town Street may occur. The anticipated completion is October 2023.
Residents and business patrons can find parking along FM 551, Fate Main Place, Brown Ave., along WT Barnes Ave, and the Fate Station Park parking lot (off WT Barnes). While 95 parking places are temporarily closing, 190 parking places will remain available.
Thank you for your patience as our downtown grows.
Food Haul
𝙁𝙤𝙤𝙙 𝙃𝙖𝙪𝙡 is a collaboration of four food trucks (SMOAK TOWN BBQ, KC Seoul, Rollin’ Beans Coffee Co., and Mamaritas) located in our downtown. The City plans to develop this property in the future, but in the meantime, we’re activating the land and incrementally growing small businesses!
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Demographics
Learn more about Fate's demographics.
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Development Plans
View plans for development areas in the City of Fate.
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Downtown Revitalization
The City of Fate's 2018/2019 Downtown Revitalization project for a walkable destination will include mixed-use developments such as retail, restaurants, boutiques, live-above lofts, street improvements, widened sidewalks, streetscape, landscape, and more!
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Fate Municipal Development District
Learn more about the City of Fate's Municipal Development District
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Residential Building Permits
View a chart of new single-family building permits in Fate, TX.
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Small Business Workshops
Learn more about the Small Business Workshops hosted by the City of Fate.
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Tax Rates
View information about Fate's property tax rate and sales tax rates.
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Tax Abatement Guidelines and Criteria
Texas Law - Property Redevelopment and Tax Abatement Act, Chapter 312 of the Texas Tax Code, as amended, the City may grant a tax abatement on the incremental value of a particular property that is improved pursuant to a specific development proposal, which meets the economic goals and objectives of the City. The abatement will apply only to the incremental increase in valuation. The abatement also may apply to tangible personal property located in the reinvestment zone after the execution of an abatement agreement and may include inventory and supplies.
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Justin Weiss, MPA, ICMA-CM
Assistant City ManagerPhone: 972-771-4601, ext. 110
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Yvonne Lane
Economic & Community Development SpecialistPhone: 972-771-4601 ext. 155