Omar Narvaez

Dallas, We Have a $1.25 Billion Bond on The May 4 Ballot, And There’s No Money For City Hall 

By April Towery / February 15, 2024 /

Following a lengthy debate over how to divvy up funds on a May 4 bond election ballot, Dallas City Council members agreed Wednesday to let voters decide on the following amended proposals:  The deteriorating Dallas City Hall and Stemmons Municipal Center propositions remain at $0 and were deleted from the ordinance. Some discussion occurred around how…

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Watermark Rezoning For South Dallas Megachurch Denied by Dallas City Council 

By April Towery / January 2, 2024 /

The final Dallas City Council meeting of 2023 was a long one, and a rezoning request for a Dallas megachurch got lost in the shuffle amidst hours of debate over daycare facilities and permitting fees.  The discussion about Watermark Community Church only lasted about 20 minutes during the Dec. 13 council meeting. Dallas elected officials…

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Dallas Leaders Expand Underperforming Fort Worth Avenue TIF District to Include New Sprouts Grocery

By April Towery / November 10, 2023 /

Dallas is moving forward with plans to expand the Fort Worth Avenue Tax Increment Financing District to fund more housing and commercial development in North Oak Cliff and West Dallas. Dallas City Council members voted Wednesday to expand the district to include a planned Sprouts grocery store, so they can funnel the tax increment from that…

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More Multifamily is on The Way as LDG Development Plans Park at Northpoint Apartments

By April Towery / September 8, 2023 /

Dallas Development Services issued 33 permits for new multifamily construction in July, representing an economic impact of about $76 million. Although significantly less than the 65 multifamily permits issued in July 2022, it appears the housing business remains steady. The latest apartment complex being heralded is LDG Development’s 615-unit Park at Northpoint.  On another note,…

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Bridge Labs to Build Biotech Research Space in Pegasus Park With $8M Incentives Package

By April Towery / July 13, 2023 /

Bridge Labs is expanding downtown Dallas’ biotech operations in a 23-acre mixed-use office campus known as Pegasus Park.  The Dallas City Council touted its commitment to biomedical and health research during a June 14 council meeting by awarding a $3 million economic development grant, along with about $5 million in other incentives.  The funds will…

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