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Agenda - City of Dallas

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Oak Cliff Gateway TIF District<br />

FY 2011 Annual Report<br />

John Barr &<br />

Associates<br />

Expansion<br />

Grand Peaks at<br />

Founders Park<br />

Beckley<br />

Properties<br />

Wachovia Bank<br />

Trinity Town<br />

Homes<br />

Trinity Town<br />

Homes II<br />

203 E. Colorado<br />

Boulevard<br />

1401 North Zang<br />

Boulevard<br />

1101- 1121 North<br />

Beckley Avenue<br />

126 E. Colorado<br />

Boulevard<br />

439, 443 East<br />

Greenbriar Lane<br />

423 East<br />

Greenbriar Lane<br />

2003 Complete<br />

19,449 SF<br />

<strong>of</strong>fice<br />

$694,330 $0<br />

2004 Complete 338 units $18,384,360 $0<br />

2007 Complete<br />

2008 Complete<br />

2007 Complete<br />

TBD<br />

7 Units<br />

Completed<br />

15,282 SF<br />

retail/<br />

commercial<br />

3,000 SF<br />

commercial<br />

23 town<br />

home units<br />

44 town<br />

home units<br />

$665,670 $0<br />

$1,042,620 $0<br />

$6,634,379 $0<br />

$20,000,000 $0<br />

Methodist<br />

Medical Hospital<br />

– Pavilion III<br />

1441 N. Beckley<br />

Avenue<br />

2008 Complete<br />

109,774 SF<br />

medical <strong>of</strong>fice<br />

$15,301,000 $0<br />

Child Care<br />

1321 North Zang<br />

Boulevard<br />

Less Property Demolished, or Relocated<br />

(4,812 SF<br />

1999 Demolished<br />

school)<br />

741 units<br />

Subtotal<br />

246,149 SF commercial<br />

Total - All Projects Utilizing and Not Utilizing TIF Funding<br />

($445,600) $0<br />

$92,407,969 $0<br />

1,050 units<br />

Total<br />

$138,783,057 $9,603,806<br />

278,159 SF commercial<br />

1 All information updated as <strong>of</strong> September 30, 2011.<br />

2 Based upon either the TIF application or required minimum stated in the development agreement. May be updated for<br />

completed projects based on actual unit mix and square footage.<br />

3 Based upon 1) market value <strong>of</strong> comparable projects for anticipated projects, 2) private investment stated in the development<br />

agreement for projects that are approved or under construction, or 3) DCAD market value for completed projects (unless project<br />

has not yet been assessed). Values may not be fully captured by the TIF district for redevelopment projects once pre-existing<br />

value and/or the demolition <strong>of</strong> structures is netted out.<br />

4 Principal amount not to be exceeded per the development agreement. TBD indicates that development agreement has not yet<br />

been adopted. Asterisk indicates investment also includes interest not shown.<br />

5 Selected significant projects included.<br />

6 Tax-exempt property.<br />

7 Includes other incentives not shown. Contact <strong>City</strong> <strong>of</strong> <strong>Dallas</strong> Office <strong>of</strong> Economic Development for more information.<br />

8 Infrastructure funded as a part <strong>of</strong> the $4.1 million for Lake Cliff Tower.<br />

6

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