City tax break is OK'd for hospital

Posted Monday, Jan. 28, 2013  comments  Print Reprints
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The City Council unanimously approved $45,360 in economic incentives last week for the expansion of the Sundance Hospital in southwest Arlington.

RCR Healthcare Llc. has already broken ground on a 24,019-square-foot medical office building and will make other improvements to its 30-acre site at 7000 U.S. 287.

The $5.4 million hospital expansion will add 60 beds and create between 75 and 100 new full-time jobs, according to a staff report and hospital representatives. Sundance Hospital, which treats children, adolescents and adults for psychiatric disorders or chemical dependency or both, currently has 56 beds and about 150 employees.

On Jan. 22, the council approved a 5-year, 40 percent tax property abatement on the hospital's added property value, estimated to be $3.5 million. The agreement will save the hospital $9,072 in city property taxes annually during the abatement period.

The hospital property is currently valued at $2.8 million and generates about $18,144 in property tax revenue annually for the city.

The expansion, which should be complete in July or August, will generate an additional $22,000 in property taxes for the city annually after the abatement period.

Susan Schrock, 817-709-7578

Twitter: @susanschrock

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