Authorize the Dallas Public Facility Corporation to (1) acquire, develop, and own the Burnett Lofts, a mixed-income, multifamily development to be located at 512 North Ewing Avenue, Dallas Texas 75203 and 801 North Lancaster Avenue, Dallas, Texas 75203; and (2) enter into a seventy-five-year lease agreement with Savoy Equity Partners, LLC or its affiliate, for the development of the Project - Estimated Revenue Forgone: General Fund: $50,583,880.60 (see Fiscal Information)

What this record is

Held by

Savoy Equity Partners, LLC 5 records across this site

Runs until

November 7, 2029 3 years away calculated from the contract term stated in the record

Type

contract

Field

Real estate

See everything else expiring in this field →

Read automatically from the title of the official record. The source document below is authoritative.

Savoy Equity Partners, LLC also holds

Upcoming Agenda Item: February 11, 2026 City Council Agenda Item #26-259A, Authorize the Dallas Public Facility Corporation (DPFC) to acquire, develop… Dallas, TX ends Jan 9, 2031 Authorize the Dallas Public Facility Corporation to (1) acquire, develop, and own Trinity Basin, a mixed-income, multifamily development to be located… Dallas, TX ends Jan 7, 2031 Upcoming Items on the March 26, 2025 City Council Agenda: Authorize the Dallas Public Facility Corporation (1) to acquire an improved property, develo… Dallas, TX December 11, 2024 City Council Agenda Item: Authorize the Dallas Public Facility Corporation to acquire, develop, and own the Burnett Lofts, a mixed-i… Dallas, TX ends Dec 2, 2029

Committee

Department of Housing and Community Development

Requested by

Department of Housing and Community Development (HOU)

Introduced

November 7, 2024

On agenda

December 11, 2024

Enactment no.

24-1765; APPROVED AS AN INDIVIDUAL ITEM

Where it was heard

City Council Dec 11, 2024