The Balch Springs Economic Development Corporation (EDC) Type A Board made significant strides in their recent meeting on April 21, 2025, focusing on the approval of funding for appraisal services on a key piece of EDC-owned land. The board unanimously approved a motion to allocate funds not exceeding $17,500 for an appraisal of a 14-acre parcel located at 13049 Interstate Highway 20.

President David Ruffino highlighted the importance of this appraisal, noting that the last valuation was conducted in 2020, when the land was appraised at over $1.4 million. With recent developments in the area, including increased interest in the site, the board recognized the need for an updated appraisal to facilitate negotiations for potential development.

The board has been proactive in marketing the site, having previously approved funding for cleanup efforts to enhance its appeal. This includes removing trash and debris, which has already begun to attract inquiries from potential buyers. The current appraisal will provide a crucial benchmark for future negotiations, ensuring that the EDC can effectively engage with developers interested in the property.

As Balch Springs continues to experience growth, this appraisal is a strategic move to capitalize on the city's evolving economic landscape. The board's decision underscores their commitment to fostering development and maximizing the value of city-owned assets.