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Central
Dallas CDC Closes
on Downtown Housing Project
On November 13, 2006, the
Central Dallas CDC completed the
acquisition of 511 N. Akard. The fifteen story office tower in
Downtown Dallas will be re-developed into 209 apartments, ground floor
retail and two floors of office space. Construction on the project,
tagged CityWalk@Akard, will begin in 2007 and occupancy is projected to
begin in 2008 (read
press release here). |
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FUNDING
COMMITTED
Central Dallas
CDC, the sister organization of Central Dallas Ministries
(CDM), secured commitments of $2.25M from the City of Dallas,
$12M in low-income, housing tax credits from the Texas
Department of Housing and Community Affairs (TDHCA), $4M from
Fannie Mae and $3.25M Historic Tax Credits.
Additional partners include JPMorgan Chase Bank, the
Enterprise Community Loan Fund, and the Corporation for
Supportive Housing, The Real Estate Council and The Real
Estate Council Foundation, the Baron and Blue Foundation, WKMC
Architects, McCaslin Properties, the BECK Group, Sowell &
Company and the United Way of Metropolitan Dallas.
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Renderings of Plan
(Click Images)
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View at Entrance
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Studio A (Isometric and Plan)
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Studio C (Isometric and Plan)
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Overall
Designs/Floorplans
(Click Images)
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North Elevation
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East Elevation
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West Elevation
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Ground Floor (1)
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Floor 2 / 3
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Floor 4 to 14
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Floor 15
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Room Layouts
(Click Images)
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Efficiency 2
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Efficiency 3
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Studio A
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1 Bedroom A
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1 Bedroom C
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1 Bedroom D
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1 Bedroom E
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2 Bedroom
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Downloads |
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For more information on this project,
download:
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Our
Plan |
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We do
not seek to provide a shelter or social services
center.
We do
seek to provide 209 units of housing:
We also plan to move several of our
administrative offices into the same building. So,
in essence, we will be living with the folks day-by-day.
Above all, we seek to
build a community. Contact us
to learn more. Or, download our presentation to the
Dallas City Council below.
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Photos of Current Building |
Click to see images. |
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What is in the building today?
511 N. Akard is
currently housing homeless folks who are living on the property without
permission or supervision. This photo show reveals some of what is going on
in the building.
With your
support, we can turn this building into a source of hope and renewal for
many of our neighbors who are currently on the street! |
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Please direct questions to
John Greenan, Executive Director
Central Dallas Community Development Corporation
JGreenan@cdm-hope.org
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