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Dallas City Council
10/11/23

Welcome to Ultraground. Your see how housing is built here.
October 11
District: 7
2.69-Acre Mixed-use | 620 S Hill Ave | Postponed
New | Development Data: PFC Deals
Updates
Analysis back to PFC inception
Financing Sources
Unit Mixes
You saved: 3h 15m

DISTRICT: 7

620 S Hill Ave
620 S Hill Ave 620 S Hill Ave
South Dallas | 2.69 Acres | Deferred to 11//8
Larkspur Capital’s 620 S Hill Ave, a 2.69-acre WMU mixed-use, was deferred by District 7 Council Member Adam Bazaldua with hopes to see a PFC in his district.

‟I've also been working with the group hoping that this project will be coming back with some excitement to pass as a PFC deal.
This was a deal that first came up in front of us as a 10% affordability. And they've been more than willing to work with the community on the feedback that we've heard about maintaining more affordability in the area.
And this is going to be a great addition to South Dallas.
The project proposes a Planned Development District to allow multifamily and ground floor retail uses on a site zoned IR Industrial/Research.
It received positive recommendations from City Staff with a 13-1 vote in favor from the City Plan Commission.
The only one in opposition at the CPC meeting was recently appointed Commissioner Tabitha Wheeler-Reagan.

Developer: Larkspur Capital, Carl Anderson LinkedIn
Case Report: Z212-287(MP)

Let’s look into all of the PFC deals that have moved through the process so far.

PFC Financing

PFC Unit Mix
There has only been one deal in Bazaldua’s district since the PFC started.
District 7 PFC
The Legacy at White Rock | LDG Development | 212 Units | 80/60% AMI Split : 10%/40% | 12/14/22

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