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Dallas’ public housing agency has selected a dozen real estate companies to help redevelop some of its aging properties.
In June the Dallas Housing Authority said it was seeking proposals from developers to come up with new uses for seven of its properties spread around town.
The properties – mostly in Southern and Central Dallas – total 146 acres and now have 650 housing units.
The housing authority said the initial group of firms it will work with on proposals to redevelop the properties include AMTEX Multi-Housing, Carleton Development, Fairfield Residential, Matthews Southwest, McCormack Baron Salazar, Michaels Development Co., Ojala Partners, Steele Properties, The NRP Group, Trammell Crow Co., Volunteers of America National Services and the combined team of DFW Advisors, KRR Construction and Michael R. Coker Co.
"We appreciate the willingness of these leading developers to form a public-private partnership to create more affordable housing across North Texas," Troy Broussard, president and chief executive officer for Dallas Housing Authority, said in a statement. "Our goal is to increase the amount of much needed affordable housing across the communities we serve.
"We look forward to working with this network of premier developers to generate fresh ideas for accomplishing this goal," he said. "We can deliver better housing solutions by working together."
The housing agency said additional developers will be vetted and added to the roster of private sector partners.
Dallas Housing Authority has not selected which developers will handle individual projects yet.
But the agency said the first site it plans to rebuild will be the almost 7-acre the former Brooks Manor site at 630 S. Llewellyn St. in Oak Cliff. The vacant property is zoned for retirement housing.
The company that is picked to develop the Brooks Manor site will also have an opportunity to redevelop the Cliff Manor property at 2424 Fort Worth Avenue in Oak Cliff, the housing agency said.
"I am pleased to see that the Brooks Manor and Cliff Manor public housing communities will be redeveloped by DHA with both market and subsidized rental housing so that these properties can better serve the community," Scott Griggs, City of Dallas Councilman for the district, said in a statement. "As we continue to address poverty across our great city, ensuring our citizens have access to safe, decent affordable housing is key."
Also on the housing authority’s list for new development are prime prosperities in Dallas’ Uptown and Oak Lawn neighborhoods.
That includes the Little Mexico Village community on Harry Hines Boulevard in Uptown and the Cedar Springs Place apartments between Maple Avenue and Cedar Springs Road in Oak Lawn.
The Dallas Housing Authority last summer said it is hoping to parlay the funds generated by its redevelopment strategy to build more much-needed affordable housing.
"We have identified several land holdings we have control of that are part of our five-year plan for redevelopment," Broussard said when he announced the program in June. "Some of it may not be an outright sale.
"Some of it might be partnership where we are a co-developer."
The cadre of property firms the Dallas Housing Authority has put on its list includes several major North Texas apartment and mixed-use development firms.
Carleton Development, Fairfield Residential, Matthews Southwest and Trammell Crow Co. are best know for their multi-family housing and redevelopment projects.
DHA execs have warned that it may take a while to kick off the redevelopments, because of federal approval processes, meetings with the community and financing.
The agency owns nearly 3,900 public housing units in total as part of its housing program.