Arlington, Texas


Viridian is a 2,083-acre mixed-use master-planned community located in the City of Arlington. The development is projected to include over 4,000 residential units and 600,000 square feet of commercial space at buildout. DTA is developing a financial model and strategy for the monetization of the existing pay-as-you-go Public Improvement District (“PID”) assessment program. This financing program will be the first phased issuance of PID bonds in Texas secured by multiple development phases. The bonding capacity is anticipated to exceed $40 million.