The developer planning to build 200 apartments over ground-floor retail in the Bishop Arts District is seeking $11.25 million in future tax reimbursements.
The Oak Cliff Gateway TIF District board of directors, in a meeting Thursday, will consider whether Alamo Manhattan LLC should receive an eight-figure tax recoup for its planned Bishop Arts Station project.
The project being considered for tax reimbursements includes developments on the northwest and southeast corners of corners of West Davis at Zang. That’s where Sonic Drive-In, Zoli’s NY Pizza and a collision repair shop are now. The development also includes a streetcar stop and plaza on Zang at West Seventh.
When Alamo Manhattan’s original plans for the project came to light last summer, Oak Cliff residents hated the proposed design with its massive, overwhelming buildings. But the developer came back in September with a new design featuring stepped-back building heights and varied facades.
The TIF board likely will approve the reimbursements for Bishop Arts Station and send the proposal to City Council for consideration.
Alamo Manhattan could begin demolition as soon as this summer.