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    Downtown News

    Dallas City Council approves major subsidy for new West End Lofts

    Teresa Gubbins
    Dec 12, 2024 | 10:20 am
    805 Elm St West End

    805 Elm St. in the West End.

    Google Maps

    The Dallas City Council approved a $49 million incentive package for the development of the West End Lofts Project, a proposed mixed-use, mixed-income, and transit-oriented development project.

    The project would take up three parcels within the historic West End: 805 Elm St., 711 Elm St., and 211 N. Austin St., directly south of the West End DART light rail station and directly north of El Centro (Dallas College).

    Led by Sycamore Strategies, LLC, the estimated $103.2 million project will include 154 mixed-income apartments comprised of 56 efficiencies, 25 one-bedroom, 69 two-bedroom, and 4 three-bedroom units to be constructed within the historic 805 Elm Street building and in a new 6-story building to be constructed on the existing adjacent surface parking lot.

    Of the 154 apartments, 63 (41 percent) will be income-restricted and leased solely to households earning at or below median income.

    The project will include residential amenities, ground floor retail/commercial space, the creation of an approximately 25,751-square-foot plaza and promenade, and approximately 140 parking spaces in the historic 711 Elm Street parking garage.

    The project’s funding includes $54,224,085 in non-City sources, including equity in the form of low income housing tax credits and historic rehabilitation tax credits.

    The City’s incentive package includes an amount not to exceed $28,275,676 in City Center TIF District funding as well as up to $20,724,324 from other economic development funding sources administered by the City’s Office of Economic Development, including general obligation bond proceeds from the economic development/housing propositions in the City’s 2012 and 2024 bond programs.

    In a statement, Interim City Manager Kimberly Bizor Tolbert said that the project will provide affordable housing and ground floor activation within downtown’s West End Historic District.

    Prior to the City Council's December 11 approval of a subsidy for the project, it got a thumbs up from the City Center TIF District Board of Directors, with the added condition that best efforts be made to provide a minimum of two square feet per residential unit for pet relief facilities.

    home-for-saledowntown
    news/real-estate

    Hottest Headlines of 2025

    Popular suburbs move into Dallas' hottest real estate headlines of 2025

    Lindsey Wilson
    Dec 29, 2025 | 2:45 pm
    Downtown McKinney
    Photo courtesy of City of McKinney
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    Editor's note: As the year comes to a close, we look back at the 10 most-read real estate stories in Dallas for 2025 — including new honors for several local suburbs, market trends, and all-important Walmart news. These are the 10 hottest real estate headlines of 2025 in Dallas:

    1. Dallas-Fort Worth suburb blooms as No. 1 best place to live in U.S. One Dallas-area city took the top slot on a list of "the 100 Best Places to Live in 2025." The list — from relocation marketing platform Livability.com — put Flower Mound at No. 1 for its appealing size and affordability. The suburb also claimed the No. 7 spot in a ranking of America's most livable small cities.

    2. North Dallas neighbor ranks as No. 1 most affordable city in U.S. A Dallas suburb landed on top of a list of the most affordable places to live: McKinney ranked No. 1 based on its relative cost of living and high median household income.

    3. Massive mixed-use development coming to key intersection in McKinney. McKinney is getting a new $1.3 billion mixed-use development. Called Long Branch, it will be a 155-acre project at the northwest corner of US-75 and the future 380 bypass, consisting of housing, retail, office, grocery, and hospitality. The development has 80 acres slated for active development, and will unfold over the next decade in four tracts.

    4. Dallas-area suburb ranks as 3rd best place to live in Texas in 2025. The Dallas-Fort Worth mid-city of Coppell has been ranked the third best place to live in Texas in 2025 by rankings and review website Niche.com. The survey determined the best places to live in based on crime rates, public school rankings, the local cost of living, job opportunities, and more using data from the U.S. Census Bureau, the FBI, and others.

    Coppell, Dallas suburb Coppell was ranked the third-best place to live in Texas for 2025. City of Coppell, TX Municipal Government/Facebook

    5. 11 Dallas suburbs soar as fastest-growing U.S. cities in last decade. It's no secret that Dallas-Fort Worth's population is growing faster than most other metros in the U.S., but now several surprising Dallas neighbors have been named among the top 10 fastest-growing suburb nationwide over the last decade. Celina nearly led the nation with an astonishing 314 percent increase in population from 2014 to 2023, according to a growth study by marketplace platform StorageCafe.

    6. Dallas neighbor is the No. 1 fastest-growing affordable city in U.S. A national study has declared Texas is home to the most affordable, fast-growing cities in the country, with Dallas suburb Frisco taking the lead at No. 1. Frisco and five more Dallas neighbors ranked high on GoBankingRates.com's list of "50 Most Affordable, Fastest-Growing Cities in 2025."

    Millennials moved to Texas more than any other state in 2019, with Frisco being\na top choice. Frisco is the most-affordable, fastest-growing city in the country. Photo by Roger Robinson/Visit Frisco

    7. Dallas neighbor beckons movers as top U.S. suburb with small-town feel. Wylie, a city less than 30 miles from downtown Dallas, ranked as the No. 7 most highly sought-after U.S. suburb of 2025 in MoveBuddha's national survey. In addition to being recognized as the 7th most desirable American suburb, Wylie also ranked as the second-most desirable suburb to move to in Texas.

    8. 2 Dallas neighbors rank among fastest-growing wealthy suburbs in U.S. Celina and Prosper, two boomtowns north of Dallas, are among the top three fastest growing affluent suburbs in the country. The cities' affluent status was unveiled in a GoBankingRates' study ranking the "30 Fastest-Growing Wealthy Suburbs in America" for 2025.

    The Old Celina Park in Celina, Texas Celina is the No. 2 fastest-growing wealthy 'burb in America. Photo courtesy of celina-tx.gov

    9. 6 Dallas suburbs make top 10 list of best Texas cities to move to. Advisors at ConsumerAffairs, a customer review and news platform, ranked the 50 most populated Texas cities across five main categories — affordability, safety, economy, health care and education, and quality of life — to determine which were the best places to move to. Each city was given a score out of 100 possible points. Four of the top five best places to move to in Texas are located in Dallas-Fort Worth: Allen (No .1), Frisco (No. 2), Plano (No. 3), and McKinney (No. 4). Two more DFW suburbs, Mansfield (No. 6) and Richardson (No. 10), rounded out the top 10.

    10. Booming Celina hits the big time with its first Walmart Supercenter. The city of Celina is getting its first mega Walmart: According to a release, it will be a Walmart Supercenter located at the northwest corner of Preston Road (Highway 289) and the West Outer Loop. The store has been in the works for a few years, but the Celina Economic Development Corporation celebrated the opening in a groundbreaking on April 16.

    top stories2025 most readcelinafriscomckinneyflower moundbest places to livemost affordable places to livebest suburbswalmartcoppelllong branchpropserwealthy suburbsmost popular stories
    news/real-estate

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