Knudson, LP is uniquely suited to develop economic development initiatives on behalf of your city or project due to our multi-disciplinary competencies in real estate development, financial analysis, public finance methods, transit-oriented development, and urban planning. We understand how to guage the effects of development and capitalize on those effects to the benefit of the clients and cities we work for.
Knudson, LP has extensive experience in special district creation and management, public private partnerships (PPP), public involvement, and real estate redevelopment strategies. Special districts offer cities and developers each unique opportunities for financing and achieving their development goals. Over the last 20 years, Knudson, LP has been instrumental in the creation of over $14 billion in new taxable value from over $1billion in signed developer agreements through the use of public private partnerships. That means for every $1.00 of tax money spent on developer reimbursement, the municipality or political jurisdiction received $14.00 in new taxable property revenues. We believe public private partnerships are a “win-win” strategy for cities, counties, and private sector developers.
Knudson, LP has extensive experience with the following types of economic development tools:
- Chapter 380 and Chapter 381 Agreements
- Industrial Development Agreements
- Foreign Trade Zones (FTZ)
- Municipal Utility Districts (MUD) and all other water districts in the State of Texas
- Tax Abatements
- Tax Increment Financing (TIF) and Tax Increment Reinvestment Zones (TIRZ)