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Dallas City Council
10/25/23
Welcome to Ultraground. We go to zoning meetings for you.
October 25, 2023
District: 1
289-Unit PFC Multifamily | 2020 N Beckley Ave | Approved
District: 7
164 Senior Units | 9220 Ferguson Rd | Approved
New Section | PFC Data : MOU fees, AMI Percentages, and more.
You saved: 4h 35m
City Council-Approved PFC Deals in District 1
DISTRICT: 1
Banyan Flats 2020 N Beckley Ave
Kessler | 289 Units | Approved
‟If anybody has affordable housing units in their district that are 75 years or older, I'd love to know about them. I think it would be rare or non-existent.
This was the debate around Banyan Flats, a 289-unit mixed income product in a District 1 Opportunity Zone. At the October 25th Council meeting, the Texas-based developer Banyan Residential sought a 75-year tax abatement for the project.
Mendelsohn ‘philosophically opposed’ the abatement, arguing affordable units are never viable for that long. She referenced the CPAL report calling for more 30% AMI units, whereas Banyan Flats targets 80-100% AMI.
The project received praise from District 1 Council Member Chad West, who pointed out that the higher AMI units help the housing need by replenishing overall housing stock.
At its DPFC meeting, Banyan Flats initially faced some apprehension from the East Kessler Park Neighborhood Association due to misconceptions about ‘workforce housing.’ It aims to address the acute workforce housing deficit by housing employees of the nearby Methodist Hospital.
However, after enlightening interactions with the association's president Dr. Charles Haley, involving him touring another Banyan property, the community's perspective shifted to seeing the value in workforce housing.
The developer stressed the disparity between the mere 34 affordable units constructed in the area since 2014 against 1,200 market rate units. Banyan Flats looks to significantly increase that number, with 145 of the 289 total units in a blend of 60-80% AMI.
Developer: Banyan Residential, Cameron Nikroo LinkedIn
Memorandum of Understanding (MOU) Fees
One-time fees going to the Public Facility Corporation
Area Median Income (AMI) Percentages
Income bands reflected in rent prices
80% AMI Only:
The Elms | Smart Living Residential | Legislation Details | 05/24/23
The Park at Northpoint | LDG Development | Legislation Details | 04/26/23
The Reserve at Lancaster | LDG Development | Legislation Details | 12/14/22
Standard Shoreline | Ojala Partners | Legislation Details | 06/22/22
Standard West Commerce | Ojala Partners | Legislation Details | 04/27/22
Oakhouse at Colorado | MSquared | Legislation Details | 03/09/22
Mountain Creek Apartments | NRP Holdings | Legislation Details | 01/26/22
Follow along as we continue to publish more PFC information here:
DISTRICT: 7
Estates at Ferguson 9220 Ferguson Rd
White Rock Hills | 5.7 Acres | 164 Senior Units | Approved
The applicant, Generation Housing Partners, LLC, requested modifications to development standards primarily related to setbacks, density, height, design standards, and parking in order to develop the site with 164 units of retirement housing under MF-2(A).
This request to redevelop a church site into retirement housing was non-controversial. It aligned with the City's comprehensive plan and did not face opposition from the community.
The request received no negative feedback from the City Council or neighborhood associations. At the City Council meeting, no one signed up to speak against the application. The motion to approve passed unanimously 14-0 without any discussion.
Developer: Generation Housing Partners, Adrian Igesias LinkedIn
Case Report: Z223-122(MP)
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