The city of Coppell has established a pro-business attitude to encourage the development of high-quality business and corporate relocation projects.
City Recognized by NAIOP
The city of Coppell was recognized with two prestigious awards. NAIOP conducted a survey of its members on their subjective perceptions on how receptive local municipalities are to new industrial and office developments, and surveyed cities on their development processes and costs. The City of Coppell was awarded First Place for being “Most Open to Business” and came in a close second on “Timing for Building Permits.” The city also ranked well in the areas of Economic Development Incentives Available and Development Costs. Click here for more information on how Coppell ranked in relation to the other 28 municipalities surveyed.
Pro-Business City Council
A responsible City Council makes business and industry welcome by working with them on all facets of their location or relocation in the city. Coppell was the first city in Texas to approve the issuance of bonds for a Public Improvement District.
Expedient Permit Process
City departments work closely with business and industry to expedite procurement of building and other required city permits. The goal is to become a partner in future city growth
Tax Abatement Policy
Coppell has targeted several specific types of business that are ideally suited with the future development of the community. To help make Coppell more attractive to those targeted businesses, the City offers an aggressive tax abatement policy that helps offset the cost of relocation. The policy provides for a variable abatement rate based on the company investment in the community.
Freeport Tax Exemption
The freeport tax exemption is also known as a "goods in transit" exemption. This policy allows tangible business inventory to be exempt from business and property taxes if the goods or merchandise are purchased in Texas or imported from outside Texas to be assembled, stored, manufactured, processed or fabricated in their Coppell facilities, and then shipped outside of Texas within 175 days.
Development Grant For Sales Tax Rebate
The city of Coppell offers an economic development grant for sales tax rebate. The amount of the grant and the length of time are determined on a case by case basis.
Development Fee Rebate Policy
The city of Coppell considers a rebate of company development fees on a case by case basis.
Infrastructure Cost Share Policy
The city of Coppell considers participating in a company infrastructure costs on a case by case basis.