Originally Posted by
UrbanNebraska
This looks like a great project. DART at the front door, walkable to the farmers market and a future Tom Thumb, tons of job opportunities between the core and Deep Ellum, easy freeway access. This looks like an example of when LIHTC works to its fullest extent, I hope they get the award to move forward.
It is anecdotal, but I just helped someone move out of a large apartment complex this past weekend in the Deep Ellum area and she told me that apparently the complex wasn't raising rents this year b/c of all the new product that is recently opened and currently going up. There are maybe 6 tower cranes on the east side of DT Dallas right now, the phrase "Don't Uptown My Deep Ellum" is popular down there and I hope that ends up staying true. A development like this with a number of affordable units will help to keep that side of the city attainable for people that don't fit Uptown and make Deep Ellum the unique neighborhood it is.
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