Dallas City Council Approves $49 Million City Subsidy to Support Development of West End Lofts Project

On December 11, 2024, the Dallas City Council approved a $49 million incentive package to support the development of the West End Lofts Project, a proposed mixed-use, mixed-income, and transit-oriented development project. The project will be developed on three existing parcels within the historic West End addressed as 805 Elm Street, 711 Elm Street, and 211 N. Austin Street within and adjacent to the City Center tax increment financing (TIF) district. The proposed project, led by Sycamore Strategies, LLC, is directly south of the West End DART light rail station and directly north of El Centro (Dallas College). “This is an exciting project that will convert underutilized/vacant historic buildings and surface parking lots into active residential and commercial uses abutting the West End DART light rail station and across the street from El Centro College,” said City Councilmember Paul Ridley (District 14), a member of the City Council’s Economic Development Committee. Council Member Ridley added, “With the reconstruction and expansion of the Kay Bailey Hutchison Convention Center and impactful projects such as West End Lofts, we can expect to see significant positive changes to the west side of downtown Dallas over the next several years.” The estimated $103.2 million project ...