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26-1693A

Authorize the Dallas Public Facility Corporation to (1) acquire an improved property, and develop and own Thirty21, a 86-unit mixed-income multifamily development to be located at 3021 Martin Luther King Jr. Boulevard, Dallas, Texas 75215 (Project); and (2) enter into a seventy-five-year lease agreement with Phoenician Development Group, LLC and/or its affiliate(s), for the development of the Project - Estimated Revenue Foregone: General Fund $533,246.70 (for 60 years; see Fiscal Information) *In alignment with Dallas Housing Resource Catalog.

CONSENT AGENDA Approved as an Individual Item Introduced May 6, 2026

What this record is

Held by
Phoenician Development Group, LLC 2 records across this site
Runs until
May 6, 2031 5 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.

Phoenician Development Group, LLC also holds

Upcoming Agenda Item: June 24, 2026, City Council Agenda Item #26-1693A: Authorize the Dallas Public Facility Corporation (DPFC) to acquire, develop, … Dallas, TX ends May 8, 2031
Committee
Office of Housing and Community Empowerment
Requested by
Office of Housing and Community Empowerment (HCE)
Introduced
May 6, 2026
On agenda
June 24, 2026
Enactment no.
26-1036; APPROVED AS AN INDIVIDUAL ITEM

Where it was heard

City Council Jun 24, 2026