A commercial-industrial tax-abatement reinvestment zone has been established, covering 283.786 acres. This zone is known as Hitchcock Reinvestment Zone 3. It is located at 8340 FM 2004.

The creation of this zone was approved unanimously by the city council on August 17.

Further details about Hitchcock Reinvestment Zone 3 are available from the source publication, which reported on the city council's decision to create this zone to prepare for future development.