The Vickery Meadow TIF District is located to the east of North Central Expressway (US Highway 75), roughly bounded by Northwest Highway to the south, Twin Hills to the North, and Shady Brook Lane/5-Points at Ridgecrest/Park Lane to the west. The Vickery Meadow TIF district was created in 2006 to serve as a catalyst model for mixed-use development by redeveloping a functionally and structurally obsolete commercial and rental residential area to take full advantage of the DART light rail system, promote transit-oriented development and implement context sensitive urban design standards. The District is now home to The Shops at Park Lane, Half Priced Books (set for additional development), and numerous Vickery Meadow non-profit agencies.

The Shops at Park Lane is a $750 million, 33-acre mixed-use development that contains approximately 1.5 million square feet, consisting of a 250-room hotel, 850,000 square feet of retail and entertainment, 425 residential units, 336,000 square feet of office space and multiple parking structures.