Ojala Holdings
It’s long been debated in the weeds of land use planning circles: what to do with the “bodies” of dead big box stores? When retail giants like Toys ‘R’ Us and Bed Bath & Beyond shuttered in recent years, they left large footprints and sprawling parking lots. The former Bazaar grocery store at 10710 Garland Road…
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A controversial Garland Road apartment complex is moving forward, as officials with the Dallas Public Facility Corporation announced recently they’ve closed on the property. Keith Pomykal, president of the Dallas PFC shared the news with board members in an Oct. 27 email. “This afternoon the DPFC closed on ‘The Hayden,’” Pomykal said in the email. “This…
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The biggest obstacles to developing affordable housing in Dallas are money and bureaucracy, a panel of experts said during an Oct. 20 webinar. Builders of Hope president and CEO James Armstrong, Hunt Realty developer KaDarius “KD” Smith, and Ojala Partners LP associate Kirk Presley served as panelists in a discussion hosted by Dallas Housing Coalition. …
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The Standard Shoreline multifamily project attracted a lot of attention back in 2022 when it became one of the first proposals to be approved under the Dallas Public Facility Corporation financing structure. Residents in East Dallas’ Lochwood Neighborhood Association raised concerns about what they called a 75-year tax break. They were worried that the 60-foot…
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Two housing projects seeking funding through the Dallas Public Facility Corporation have drawn the ire of neighbors and City Council members alike. At a Tuesday meeting of the Dallas PFC Board of Directors, 11 residents raised concerns or outright opposed the controversial projects through which developers get a 75-year tax-free lease in exchange for providing…
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