About Downtown Redevelopment Authority

About company

Downtown Redevelopment Authority facilitates the positive development of the area within the Tax Increment Zone #3 (TIRZ #3) boundaries. In 1995 Houston City Council created TIRZ #3. The Zone originally consisted of nine city blocks located in the northwest quadrant of the Central Business District. In 2005, the City Council approved the addition of two city blocks located in the eastern portion of the Central Business District to the Zone and in 2007, Council approved the enlargement of the zone to include the city blocks that encompass various public buildings, including City Hall, the Jones Building and the Julia Ideson Building of the Central Library. Most recently, Council approved the addition of all the property adjacent to Buffalo Bayou from the Sabine Street Bridge to Shepherd Drive in 2011. The Zone is currently scheduled to terminate on December 31, 2043.