Developer seeks $7.3 million subsidy on Fort Worth Avenue

Cliff View
Cliff View street elevation

An apartment developer wants the city to increase its tax subsidy to $7.3 million for a project near the Belmont Hotel.

Henry S. Miller’s Cliff View in 2014 received approval for $4.65 million in tax increment financing. But after working out changes to the plans suggested by the city’s Urban Design Peer Review Panel​, the project costs increased, and the company is asking the city to make up the difference. The total cost of the project is $58 million.

Without the $7.3 million in future tax reimbursements from the city, the developer says, the project isn’t feasible.

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Here are some visual examples of the design changes.

Screen Shot 2016-04-04 at 10.58.58 AM

Tree preservation and less building mass at street level.

Screen Shot 2016-04-04 at 10.59.16 AM

Buildings stepped back from the streets.

Screen Shot 2016-04-04 at 10.59.44 AM

The developer also encountered an “unexpected issue” with an Oncor transformer, which also required design modifications.

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About 326 apartments are planned for buildings between two and seven stories on a 4.37-acre tract northwest of the Belmont. Of those, about 65 apartments would be “affordable,” meaning they would be reserved for families earning 80 percent of the median income in Dallas, or about $40,000.

The developer also will reconstruct Seale Street between Sylvan and the project site, including building sidewalks.

Economic Development Committee chairman Rickey Callahan said he didn’t want developers to think of the city as a bank, a sentiment echoed by others on the panel. Councilman Lee Kleinman pointed out the irony that the peer review panel is supposed to ensure that project receiving tax breaks will fit the city’s vision for design, but then their suggested changes in this case could cost taxpayers $2.6 million.

But a majority f the panel voted to move the subsidy request to the full City Council for a vote on April 27.

Only one City Councilmember, Carolyn King Arnold, voted against it.

“It’s ludicrous for us to act as a bank,” for developers, she said. “To come back to the city for more money is an insult to the citizens of the city of Dallas.”

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  • John

    Hopefully people saw the change in perspective in the previous and current corner rendering. The higher more distant view makes the buildings look smaller.
    And Mr Miller dropped the lawsuit against the 93 year old women, not because he agreed they had probably taken advantage of her state of mind to try to get her to sell in the first place or because he thought they made a mistake suing her, but because it was the best decision rather than the continuing bad publicity. Even turned up to her house unannounced with that personal touch of donuts. Lucky they had sense to tell him to come back when they had a lawyer. At least that’s how I read it.
    http://thescoopblog.dallasnews.com/2016/03/not-evil-bearing-cupcakes-henry-s-miller-ceo-visits-alzheimers-patient-and-offers-to-stop-suing-her.html/

  • Tex

    Why do the real estate weasels get every tax break and funding known to man from the City of Dallas? Name one other industry that gets this much grease. Let them stand on their own feet and compete in a free market. This is corporate welfare at its most blatant. And folks complain about food stamps!!!

  • lakewoodhobo

    Good news. This is not in Oak Cliff.

  • Brad

    Bye, Felicia!

  • Christopher Kelley

    So these are the same people suing a 93 year old women. I bet if we asked them to help out the homeless they would said something about boot straps but of course they want millions of tax payer dollars to fund their private project.

  • KeepOurFreedoms

    Stop messing up Oak Cliff.