Assistant Director of Economic Development
4 days ago
Fort Worth
Job DescriptionEconomic Development Assistant Director City of Fort Worth, Texas Mackenzie Eason & Associates has been retained by the City of Fort Worth to recruit the next Assistant Director of Economic Development. Reporting to the Director, the Assistant Director will provide leadership over the Business Recruitment and Retention operations and activities. The vision for the Assistant Director is to assess the current internal processes, models, and team to better align the department with the City Manager’s vision to partner with and support the Fort Worth Economic Development Partnership, develop unique incentive packages that support economic growth and community investment, and provide tangible returns to the community and city. This role will work with the Director to effectively plan, design, develop and evaluate economic initiatives that support the City’s strategic vision and goals. THE OPPORTUNITY Fort Worth is experiencing incredible growth—having just eclipsed one million residents while emerging as a national hub for aerospace, advanced logistics, and data‑driven innovation. This role is the day‑to‑day operating lead on active corporate projects and employer expansions. You will qualify prospects with the Fort Worth Economic Development Partnership (FW EDP), size incentive requests with discipline, and move projects from first call to Council action. The focus is practical: build a reliable pipeline, recommend incentives only when there is a clear public return, and deliver measurable results for Fort Worth. ABOUT THE CITY & DEPARTMENT Fort Worth’s Economic Development Department (EDD) is a 21‑person team responsible for diversifying the tax base and improving the city’s quality of place. The department manages a $190 million portfolio, oversees ten active Tax‑Increment Financing (TIF) districts, and directs projects that support growth across Fort Worth. The Fort Worth Economic Development Partnership (FW EDP) markets Fort Worth to companies, site selectors, and real‑estate professionals before projects reach City Hall. The EDD supports these projects by using policy tools, such as incentives, land, and infrastructure, to meet city goals. The FW EDP builds the project pipeline by promoting Fort Worth. The Department evaluates each opportunity, structures incentive packages, and guides projects through approval. The Assistant Director works at this intersection—translating interest into clear proposals, aligning City resources, and ensuring timely decisions. The department manages a multi‑fund portfolio, oversees multiple active Tax‑Increment Financing (TIF) districts, and advances projects across Fort Worth’s major employment centers and corridors. KEY FUNCTIONS & IMPACT • Recruitment & Site Selection Qualify prospects with FW EDP; align sites, zoning, utilities, workforce, and timing needs., • Business Retention & Expansion (BRE) Leads proactive outreach to priority employers and legacy anchors such as Lockheed Martin, Bell Textron, BNSF, and American Airlines, ensuring expansions stay in Fort Worth; develop account plans and early‑warning indicators; coordinate rapid‑response solutions to protect jobs and capital investment., • Deal Screening & Term Sheets Apply consistent ROI and risk standards; recommend incentives only when there is a defined gap and public benefit., • Deal Architecture Deploys Chapter 380 performance grants, tax abatements, TIF reimbursements, Public Improvement Districts, and state incentives to achieve ≥ 10:1 public‑to‑private leverage and ≥ $60 k average wages., • Project Management Drive milestones from interest to M&Cs and implementation; remove roadblocks; keep timelines visible., • Compliance & Reporting Track performance, issue compliance reports, and recommend adjustments or termination if terms are not met. Key Responsibilities Pipeline & Recruitment • Run a joint City–FW EDP pipeline review with stage definitions, materials, and decision points., • Manage site‑selector and corporate relationships; prepare company briefs and options.Retention & Expansion, • Maintain account plans for priority employers; identify risks and opportunities., • Coordinate workforce, training, permitting, and infrastructure support for expansions.Incentives & Financial Analysis, • Build project models (investment, jobs, wages, tax impact, and timing)., • Recommend use of Chapter 380 grants, tax abatements, TIF participation, PIDs, and related tools when they close a real gap., • Draft term sheets and M negotiate performance milestones and clawbacks.Project Delivery & Governance, • Coordinate interdepartmental reviews; track permits, infrastructure, and schedules., • Prepare briefings for the Director, Assistant City Manager, City Council, and TIF boards., • Oversee compliance tracking and annual reporting.Team Leadership & Operations, • Set team goals, assign work, coach staff, and recruit for needed skills. Some challenges that the Assistant Director will help overcome in the next 2-3 years include: • Build a disciplined, transparent pipeline process with FW EDP and internal departments., • Standardize ROI modeling, term sheets, and compliance tracking; publish a practical incentive playbook., • Reduce time from inquiry to Council action; establish close plans and milestone tracking., • Strengthen relationships with employers in aerospace, logistics, data centers, and life sciences; anticipate expansion needs. Powered by JazzHR hFgiK4uxCS