Lincoln Katy Trail Meeting Correction

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At last week’s Lincoln meeting at Turtle Creek Terrace concerning their Lincoln Katy Trail project a question was asked about affordable housing units.  It was asked how many Toll Brothers was providing.  Some didn’t think there were any affordable units in that project.  I volunteered that there was a 10 percent affordable component.

I was wrong.

Toll Brothers is reserving three percent of their units as affordable (9 units) but they are also going to accept Section 8 vouchers (“over 12”) making for a combined 7-ish percent of units that will be available below market rates.

My mixup was from a proposed project by Alliance at Cole and Armstrong (Broadstone) that is offering a 10 percent affordable component (and who, along with Lincoln, will be presenting at tomorrow’s Oak Lawn Committee meeting at the Melrose Hotel at 6:30 p.m. … open to all).

I’m writing this to clarify (I don’t like being inaccurate), but also to propitiate a note from Angela Hunt correcting my 10 percent claim by noting the city told her the number was 3 percent affordable … though she did not account for the Section 8 component. 

 

Remember:  High-rises, HOAs and renovation are my beat. But I also appreciate modern and historical architecture balanced against the YIMBY movement.  If you’re interested in hosting a Candysdirt.com Staff Meeting event, I’m your guy. In 2016 and 2017, the National Association of Real Estate Editors has recognized my writing with two Bronze (2016, 2017) and two Silver (2016, 2017) awards.  Have a story to tell or a marriage proposal to make?  Shoot me an email [email protected].

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Jon Anderson is CandysDirt.com's condo/HOA and developer columnist, but also covers second home trends on SecondShelters.com. An award-winning columnist, Jon has earned silver and bronze awards for his columns from the National Association of Real Estate Editors in both 2016, 2017 and 2018. When he isn't in Hawaii, Jon enjoys life in the sky in Dallas.

2 Comments

  1. Dee Hassell on February 5, 2018 at 9:49 pm

    Apartments were once located where The Vine sits today. The apartments that were torn down looked very similar to Turtle Creek Terrace Condominiums. Did The Uptown Neighborhood Association (TUNA) or the Oak Lawn Committee (OLC) oppose the loss of those “affordable housing” units so that The Vine could be built there?

    • Jon Anderson on February 5, 2018 at 9:58 pm

      Dallas has only recently been seriously concerned about affordable housing in response to the rapid loss of such properties over the past 15 years (better late than never). I think the affordable component (while important) will not be the deciding factor here.
      .
      The 1980s Oak Lawn plan calculated that high-density was inappropriate in MF-2 zoned areas due to overcrowding and traffic. Sure, nearly 40 years have passed, but we can all agree those issues are even more acute today then they were back then.
      .
      There is a lot of already-zoned, higher-density MF-3 property available. Build there.

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