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Council authorizes performance agreement for Benton Plaza redevelopment in international corridor

3513596 · April 22, 2025

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Summary

The council approved a resolution authorizing a performance agreement between HKT Management Corporation and the Arlington Economic Development Corporation for Benton Plaza redevelopment.

The Arlington City Council on April 24 voted to authorize a performance agreement between HKT Management Corporation and the Arlington Economic Development Corporation to support redevelopment of Benton Plaza in the city's international corridor.

Josh Mackey, an economic development specialist with the Office of Economic Development, presented the resolution and recommended approval. He described the agreement as relating to the Benton Plaza redevelopment project and said staff supported the resolution.

No members of the public spoke on the item; the record shows one registered non-speaker in support. Council Member Hunter moved to approve the resolution, Council Member Gonzales seconded, and the motion passed.

The resolution authorizes a performance agreement; the transcript does not specify financial incentives, contract dollar amounts, or detailed performance milestones on the public record. Staff offered to answer questions and none were raised during the public hearing.