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Tax Abatement for Business Moving to Downtown Tyler

Posted/updated on: November 15, 2017 at 12:58 pm
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TYLER- A Smith County business relocating to Tyler is receiving a tax abatement from Smith County. County Commissioners Tuesday approved a three-year tax abatement for Estes, McClure & Associates, Inc. The engineering firm that plans to renovate and relocate to the long-vacant The Forum Building in downtown Tyler. The company plans to invest $3.5 million in renovations and equipment. Tyler Economic Development CEO/President Tom Mullins told the Commissioners Court the firm will be bringing high-paying, technology jobs to downtown Tyler. The business plans to completely gut the building for a total renovation. They expect construction to begin in February and the work take about a year.

Estes, McClure & Associates has an office in Smith County, on Westway Drive, just southwest of Tyler. Smith County Judge Nathaniel Moran said the tax abatement allows for the local business to stay in Tyler when they could relocate to a larger city. He said the project will help revitalize the corner of Front Street and Broadway, which he called a gateway to downtown Tyler.

The city of Tyler granted the firm a tax abatement last week. The city said the new offices will allow the firm to create 8 new jobs and maintain their current employment base of 69 employees.


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