Agenda - City of Dallas

Exhibit A - Fort Worth Avenue TIF District
FY 2011 Annual Report
Sylvan|Thirty, a mixed-use residential and retail development, is expected
to add 200 multi-family units and 53,800 square feet of retail on previously
under-utilized land.
The Coombs Creek Trail, Trinity Overlook, West Dallas Signature Project,
Fort Worth Avenue Streetscape Improvements, reconstruction of West
Commerce Street and Beckley Avenue, and reconstruction of Sylvan
Avenue will provide public infrastructure projects that comply with PD 714
and provide wide sidewalks, street trees, and pedestrian amenities central
to the dense urban design as envisioned in the Urban Design Study and
as required in PD 714. These projects, when fully funded, will add an
additional $23,399,590 in non-TIF funds for district-related projects.
• Improve access and connections to the planned improvement of transit services,
including a light rail or modern streetcar line, within the district.
Each development is reviewed individually for wide sidewalks, shade,
and improved transit stops. In addition, landscape design for each project
includes planning for a potential light rail or streetcar line.
The Fort Worth Avenue Streetscape Study will provide for wide
sidewalks, shade, and transit station locations along the corridor.
Planned extensions of the Coombs Creek Trail will connect the center of
the corridor to Union Station and additional transit services.
• Increase recreational opportunities and improve connections to the City of Dallas
trails and open space system in the district, especially the Trinity River and
Coombs Creek.
The Collective, east of Avalon at Kessler Park, will connect to an
extension of the Coombs Creek Trail. Phase I of the trail, from Beckley
Avenue to Sylvan Avenue, was completed in March 2009. Future phases
will follow Coombs Creek, continue through Stevens Park Golf Course,
and connect to the proposed development.
• Maintain the stability of local schools as redevelopment occurs in the housing
market.
Leaders from the neighborhood schools have been invited to participate in
the TIF district meetings.
• Generate approximately $69 million (NPV; 2008 dollars) in increment over 21
years, with up to 85 percent participation by the City and 55 percent participation
by the County.
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