Lancaster Urban Village is a mixed-use transit-oriented development located in an area of the City targeted for growth and redevelopment. The project, the first major development in many years in the area, consists of 193 units of housing, 14,000 sq. ft. of retail and structured parking of 395 spaces. One hundred of the units will house tenants whose income is 80% or less of the City median. The project is directly across from a rapid transit station and the 2nd largest VA Hospital in the country, with over 3,500 employees.

While dependent upon public financing, the project is expected to be the catalyst for future development that will bring amenities to an underserved community and support the expanding VA Hospital. City of Dallas supported though Public Private Partnership Program, New Markets Tax Credits, HUD Section 108, HUD 221(d)(4) Loan Guarantee, Tax Increment Financing – TOD TIF District.

http://www.lancasterurbanvillage.com/

DEVELOPER
City Wide CDC & Catalyst Urban
4417 S. Lancaster Road Dallas TX 75216

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