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News and Events
Tony Patronella appointed to Position Two of the Board of Directors of Tax Increment Reinvestment Zone Number Twenty-Three
Tony Patronella, broker at Read King Commercial Real Estate, has been appointed to Position Two of the Board of Directors of Tax Increment Reinvestment Zone Number Twenty-Three. With 35 years of real estate experience, Tony Patronella brings a veteran’s perspective to the Board of Directors along with a wealth of real estate contacts. As a fifth generation Houstonian, Tony has deep roots in the Houston community which gives him a vested interest in seeing areas like the East End revitalized. Tony’s impressive professional experience and leadership will be great assets to the board.
Created in October of 2011, Reinvestment Zone Number Twenty Three, City of Houston, Texas, also known as the Harrisburg Tax Increment Reinvestment Zone (TIRZ), is a proposed public finance tool intended to encourage investment and stimulate commercial and residential development in Houston’s East End. The proposed TIRZ will help finance approximately $128 million of improvements and services needed to support the repositioning and revitalization of the 1,600 acres in the East End.