Lancaster Urban Village brings a base for revival in Oak Cliff
The new Lancaster Urban Village, at 4400 South Lancaster Road, is the first of three housing, retail and office projects underway in the Lancaster Corridor. The area includes the Veterans Affairs Medical Center and a DART rail station, positioning developments to be transit-oriented.
The nonprofit City Wide Community Development Corp owns and manages the new property with 193 apartments and 14,000 square feet of commercial space. Ninety-three apartments will rent at market rate, with the balance reserved for limited-income residents. Retail space is leased by Subway, and other interest has surfaced to open a coffee shop and pizza restaurant, with a few potential office tenants interested.
City Wide and partner Catalyst Urban Development developed the 3.5 acre project that will also include an expanded job-training center at the Urban League of Greater Dallas headquarters next door. A package of local and federal funding, including $3.85 million grant from the city, are bolstering the Urban Village project.
An nearby 2.5-acre site will soon be the location of 45 new apartments for formerly homeless families, and 7,800 square feet of commercial space, including a new Rudy’s Chicken restaurant.
The planned Lancaster OPal Village will sit on an almost 2-acre parcel, with 63 apartments, 10 townhomes, and 15,000 square feet of retail and offices, projected to open June 2016.
Source: Dallas Morning News, June 12, 2014.
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