$3.5 million in TIF money for Trinity Groves’ next phase

Screen shot 2014-03-12 at 11.18.27 AMConstruction could begin in June on Phase II of Trinity Groves, which includes nine new restaurant spaces, widening sidewalks on Singleton and creating parking lots.

Trinity Groves is expected to receive more than $3.5 million from the Sports Arena TIF Board to improve sidewalks, redevelop vacant buildings and offset business upstart costs. City Council is expected to approve giving Trinity Groves the $3,505,000 March 26.

Screen shot 2014-03-12 at 11.18.39 AMTwo buildings, at 3011 Gulden and 331 Singleton will be renovated and used as restaurant space. That will cost about $250,000. The rest of the $3.5 million will be spent offsetting “the costs of redevelopment” and encouraging retail occupancy, according to a briefing for City Council members.

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Phase 1 of Trinity Groves, 80,000 square feet of restaurant space, Four Corners Brewery and an event space, cost about $42 million and were paid for mostly with the owners’ money. Phase II is expected to cost about $9.9 million and could be finished by June 2015.

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  • RompingWillyBilly

    Restaurants are retail, aren’t they? Look at the city of Addison with over 200 of them?
    But this is just an extension of the Dallas Design District in that it has a wholesale aspect to it while the overall concept is kind of ballsy. Go into a part of town that has long been notorious for being crime ridden and establish within it an exclusive restaurant concept. Indeed, not just anyone can open a restaurant here.

  • texashugs

    What about Davis? We’ve been waiting forever for something to happen there. The city has been planning Davis improvement for years…

  • downtownworker

    I see too many restaurants and not enough supporting retail or residential planned. The park on Continental will be a great complementary public space to this, but without the neighborhood component, this project is just a destination. And Dallas has a history of getting tired of destinations, moving on to the next hot location.