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PID #3/TIF #5: Parkside

The City of Irving Public Improvement District (PID) #3/Tax Increment Financing district (TIF) #5 was established in 2014 and consists of 275 acres of land, bounded by State Highway 114 and Cabell Road.

The purpose of PID #3/TIF #5 is to help pay for the project costs associated with development. Development is underway and is expected to deliver approximately 869 single-family residential homes. The projected costs are primarily related to:


  1. Water and sewer improvements.
  2. Drainage and storm water improvements.
  3. Landscaping and hardscaping improvements.
  4. Streets, sidewalks, bridges and streetscaping improvements.
  5. Street lighting.
  6. Open space and recreational facilities.
Additional Resources
2024 Parkside PID Assessment - October Bills | View
FY 2024-25 Parkside Service and Assessment Plan | View
PID 1, 2, 3 Inception Report (PDF) | View
Presentation: 2016 City of Irving PID Service and Assessment Plan Update (PDF) | View
Presentation: Public Infrastructure Update - October 2016 (PDF) | View

FAQs

How do I pay my Special Assessment?

What is the Parkside PID?

How is the Special Assessment amount determined for my property in Parkside?

How long do property owners need to pay the Special Assessment?

Will my property’s annual installment of the Special Assessment obligation change from year to year?