Arlington Industrial Development Board enhances economic growth through strict pilot scoring method

In a recent meeting of the P.I.L.O.T. Ad Hoc Committee in Shelby County, discussions highlighted the economic development strategies of Arlington, Tennessee. Catherine Durant, the town administrator for the Arlington Industrial Development Board, presented an overview of the town's approach to fostering a robust business environment that supports community growth.

Durant emphasized that Arlington's economic development mission is rooted in the belief that high-quality town services depend on a strong business community. The town aims to enhance its economic base by promoting clean retail, commercial, and industrial development that aligns with residential areas. A key tool in this strategy is the use of Payment in Lieu of Taxes (P.I.L.O.T.) incentives, which are designed to stimulate growth and attract businesses.

Arlington's Industrial Development Board operates under an interlocal agreement established in 2010, which outlines the guidelines for P.I.L.O.T. incentives. Notably, Arlington has implemented a stricter scoring method for P.I.L.O.T. compliance, requiring higher wage standards compared to Shelby County and the Edge partnership. This approach reflects Arlington's commitment to ensuring that any industrial development not only benefits the town but also contributes positively to the broader Shelby County economy.

Durant pointed out that Arlington actively tracks investments through a matrix that considers community investment, job creation, minimum wage levels, and overall economic impact. This comprehensive evaluation helps the town determine the viability of potential investments.

The collaboration among local governments in Shelby County was also a focal point of the discussion. Durant noted that all municipalities are essentially competing for industrial development, but effective communication and cooperation among them can lead to mutual benefits. The Tennessee Department of Economic Development plays a supportive role by providing updates on businesses exploring opportunities in the region.

In the past year, Arlington has successfully managed three active P.I.L.O.T. projects, demonstrating its proactive stance in attracting and retaining businesses. As the meeting concluded, the importance of continued collaboration and strategic planning among Shelby County municipalities was underscored, setting the stage for future discussions on economic development initiatives.