Welcome to Downtown Abilene
In 1982, Abilene became the first city in Texas to create a downtown reinvestment zone as allowed by the state legislature. The governing board of this zone, commonly referred to as TIF (Tax Increment Financing), has distributed more than $10.4 million to a wide range of projects such as building rehabilitation, business expansion, beautification projects, etc. Historically, the City Council has viewed projects in this area favorably. The City is as committed to downtown today as it was when it first led the nation into an era of innovation for downtown revitalization.
As the business and financial core of the city, downtown boasts hundreds of private, public and non-profit organizations that employ thousands of people.
With four multi-level financial headquarters, banks and the public sector compose the largest segment of downtown employers. Abilene City Hall, the Taylor County Courthouse, and the offices of U. S. Senator Kay Bailey Hutchison, U. S. Representative Randy Neugebauer, State Senator Troy Fraser and State Representative Susan King are all located in this central area.
Numerous upscale shops, bars and restaurants dot the downtown map, meeting the retail demands of Abilenians every day.
A new and growing sector in the central business district is telecommunications, including several telemarketing companies and telecommunication servicing companies.
Abilene has an active and successful downtown association. Organizations from all sectors of the downtown economy are linked together in a spirit of cooperation and self-promotion. The association helps plan numerous events throughout the year that entice Abilenians to visit downtown in even greater numbers than usual. When appropriate, the alliance has participated in lobbying efforts that help promote the interests and mission of downtown businesses.