Sycamore Strategies
Housing is definitely going vertical in Dallas, and the latest project serves a special population of “active adults” 55 and older. Mariposa at Western Heights is a $30.5 million mixed-income residential facility at 1641 N. Windomere Avenue along Fort Worth Avenue. Developer Zachary Krochtengel with Sycamore Strategies worked with the City of Dallas to finance…
The owners of a Lake Highlands office building next to a planned affordable housing development said they were going to file a lawsuit, and they did just that. The Cypress Creek at Forest Lane Class A project will offer 189 units in a high-opportunity area of North Dallas, according to advocates for the project. It…
The Dallas City Council approved Wednesday $41 million in tax increment financing funds for the redevelopment of the former Cabana Hotel into mixed-income housing. Developer Zach Krochtengel with Cabana Sycamore Development Inc. requested the Tax Increment Financing funds to boost a $116 million redevelopment project on 3.27 acres at 899 North Stemmons Freeway. The former…
A local developer announced last week that he’s buying the Cabana Hotel and redeveloping it into affordable apartments. Zachary Krochtengel of Sycamore Strategies recently made headlines for his plans to build a mixed-income project, Cypress Creek at Forest Lane, in the Lake Highlands area. That project was denied by the Dallas City Council due to…
The Dallas City Council on Wednesday authorized City Manager T.C. Broadnax to move forward with closing and land acquisition for the Cypress Creek at Forest Lane project in the Lake Highlands area, while remanding a lease agreement to the Housing Committee for consideration May 22. Following a lengthy debate over racial equity, legal ramifications, and…
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