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Economic Development Committee

May 5, 2025 ·1:00 PM Final

COUNCIL CHAMBERS, CITY HALL bit.ly/cityofdallastv

Agenda — 14 items

  1. 1 The City Council Economic Development Committee meeting will be held by videoconference and in the Council Chambers, 6th Floor at City Hall. The public may attend the meeting virtually; however, City Hall is available for those wishing to attend the meeting in person. The following videoconference link is available to the public to listen to the meeting and Public Affairs and Outreach will also stream the Economic Development Committee on Spectrum Cable Channel 95 and bit.ly/cityofdallastv: https://dallascityhall.webex.com/dallascityhall/j.php?MTID=m33c00b61b4cd7159d91a0a1b7bc32976 Call to Order
  2. 2 MINUTES
  3. 1. Approval of April 7, 2025 Economic Development Committee Meeting Minutes. 25-1353A
  4. 4 BRIEFING AND POTENTIAL ACTION ITEMS
  5. 5 If Agenda item A is approved then Agenda Item B will be considered.
  6. A. Reconsideration of non-recommendation taken on April 7, 2025, for the Off-Street Parking & Loading Development Code Amendment [Emily Liu, FAICP - Director Dr. Andreea Udrea, PhD, AICP - Deputy Director Planning & Development Department] [Mayor Pro Tem Atkins] 25-1423A
  7. B. Off-Street Parking & Loading Development Code Amendment [Emily Liu, FAICP - Director Dr. Andreea Udrea, PhD, AICP - Deputy Director Planning & Development Department] 25-1352A
  8. C. Visit Dallas FY 2024-25 Update [Rosa Fleming, Director Convention and Event Services and Craig Davis, CEO/President Visit Dallas] 25-1424A
  9. 9 BRIEFING MEMOS
  10. D. Upcoming Agenda Item: Authorize an economic development incentive agreement and all other necessary documents with Palladium Buckner Station, Ltd. and/or its affiliates (“Developer”) to include: (1) a Chapter 380 Economic Development Grant in an amount not to exceed $8,316,907.16 (“Grant”) and (2) a Chapter 380 Economic Development Loan in an amount not to exceed $6,183,092.84 (“Loan”), in consideration of the Palladium Buckner Station Project, a mixed-income and transit-oriented development project proposed on real property currently addressed as 8008 Elam Road, in accordance with the Economic Development Incentive Policy - Total not to exceed $14,500,000.00 - Financing: Economic and Southern Area Transit-Oriented Development Funds (2006 General Obligation Bond Fund) ($1,583,815.53), ECO (I) Fund (2017 General Obligation Bond Fund) ($1,738,275.42), Economic Development (G) Fund (2024 General Obligation Bond Fund) ($4,994,816.21), and Public/Private Partnership Fund ($6,183,092.84) (subject to current and annual appropriations) [Kevin Spath, Director (I) Office of Economic Development] 25-1425A
  11. E. Cityplace Tower and The Apron a mixed-income, mixed-use, and transit-oriented development project located at Cityplace Tower and surrounding undeveloped land at 2711 N. Haskell Avenue. (City Council District 14) [Kevin Spath, Director (I) Office of Economic Development] 25-1429A
  12. F. Quarterly Update: Economic Development Incentives Awarded via Administrative Action [Kevin Spath, Director (I) Office of Economic Development] 25-1428A
  13. G. D CEO’s 2025 Commercial Real Estate Awards [Kevin Spath, Director (I) Office of Economic Development] 25-1426A
  14. H. Dallas Business Journal’s 2025 Best Real Estate Deals [Kevin Spath, Director (I) Office of Economic Development] 25-1427A