Authorize the Dallas Public Facility Corporation to (1) acquire, develop, and own 5550 LBJ, a mixed-income multifamily development to be located at 5550 Lyndon B. Johnson Freeway, Dallas, Texas 75240 (Project); and (2) enter into a seventy-five-year lease agreement with High Street Residential, Inc. or its affiliate, for the development of the Project - Estimated Revenue Forgone: General Fund: $170,331,504.00 (see Fiscal Information)

What this record is

Held by

High Street Residential, Inc 2 records across this site

Runs until

March 27, 2030 3 years away date calculated from a contract term stated in the record, not quoted directly

Type

contract

Field

Real estate

real estate contracts in TX that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

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High Street Residential, Inc also holds

Upcoming City Council Agenda Item on April 23, 2025: Authorize the Dallas Public Facility Corporation to acquire, develop, and own 5550 LBJ, a mixed-i… Dallas, TX ends Mar 17, 2030

Committee

Department of Housing and Community Development

Requested by

Department of Housing and Community Development (HOU)

Introduced

March 27, 2025

On agenda

April 23, 2025

Enactment no.

25-0636; APPROVED AS AN INDIVIDUAL ITEM

Where it was heard

City Council Apr 23, 2025

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