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Reading: Dallas Public Facility Corporation Closes on Shoreline Church, 300 Mixed-Income Apartments in The Works
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DALTX Real Estate > Affordable Housing > Dallas Public Facility Corporation Closes on Shoreline Church, 300 Mixed-Income Apartments in The Works
Affordable Housing

Dallas Public Facility Corporation Closes on Shoreline Church, 300 Mixed-Income Apartments in The Works

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Shoreline
Rendering of ‘The Hayden,’ a mixed-income development planned for 10715 Garland Road.

A controversial Garland Road apartment complex is moving forward, as officials with the Dallas Public Facility Corporation announced recently they’ve closed on the property. Keith Pomykal, president of the Dallas PFC shared the news with board members in an Oct. 27 email. 

“This afternoon the DPFC closed on ‘The Hayden,’” Pomykal said in the email. “This is the Standard Shoreline project by Ojala Partners at 10715 Garland Avenue. This development will add another 153 units at 80 percent [area median income] and 147 units at market rate to the DPFC portfolio for the benefit of the citizens of our great city. Many thanks to the city staff for their hard work on this project.”

We last heard from Ojala in September, when partner Matthew Vruggink said developers were waiting on permits from the City of Dallas. 

The PFC Board’s next meeting is scheduled for noon on Tuesday, Nov. 7. The Garland Road development is not on the agenda. 

https://daltxrealestate.com/2023/10/02/developer-of-east-dallas-pfc-project-standard-shoreline-says-hes-waiting-on-city-permits/

The Hayden 

The Standard Shoreline project, now referred to as “The Hayden” was one of the first mixed-income projects to be approved under the PFC structure. 

The site was previously owned by Shoreline City Church, sold to the Dallas PFC, and will be leased to Ojala Partners tax-exempt for 75 years. 

In exchange for the tax exemption, developers using the PFC model agree to offer at least half the units to tenants earning less than 80 percent of the area median income. 

Ojala is planning a 300-unit, four-story apartment complex with townhomes, an art park, and buffering to protect the privacy of surrounding neighborhoods. The planned height is 60 feet. 

Late last year, residents in East Dallas’ Lochwood Neighborhood Association raised concerns about the tax exemption, the building height, and increased traffic. 

They acknowledged a need for affordable housing but said the project doesn’t provide much-needed missing-middle housing. 

Developers changed the plan to address the neighbors’ concerns, and the proposal was unanimously approved by the City Plan Commission and Dallas City Council. 

We expect to see Ojala Partners breaking ground on the new development in early 2024. 

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Why Aren’t There More Affordable Housing Units? This Mixed-Use Project is a Case-in-Point
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TAGGED:10715 Garland RoadAffordable housingLochwood Neighborhood AssociationOjala HoldingsPublic Facility CorporationsStandard ShorelineThe Hayden
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