{"id":53958,"date":"2025-07-10T11:15:09","date_gmt":"2025-07-10T11:15:09","guid":{"rendered":"https:\/\/www.europesays.com\/us\/53958\/"},"modified":"2025-07-10T11:15:09","modified_gmt":"2025-07-10T11:15:09","slug":"affordable-apartments-proposed-near-southern-dallas-logistics-hub","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/53958\/","title":{"rendered":"Affordable apartments proposed near southern Dallas logistics hub"},"content":{"rendered":"<p class=\"body-text-paragraph\">A Kentucky developer is planning to build <a href=\"https:\/\/www.dallasnews.com\/topic\/affordable-housing\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.dallasnews.com\/topic\/affordable-housing\/\">a fully affordable apartment complex<\/a> near <a href=\"https:\/\/www.dallasnews.com\/business\/real-estate\/2022\/01\/11\/another-huge-warehouse-project-in-the-works-in-southern-dallas-county\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.dallasnews.com\/business\/real-estate\/2022\/01\/11\/another-huge-warehouse-project-in-the-works-in-southern-dallas-county\/\">one of the city\u2019s logistics hubs<\/a>. <\/p>\n<p class=\"body-text-paragraph\">LDG Development, which is based in Kentucky and operates an office in <a href=\"https:\/\/www.dallasnews.com\/topic\/dallas\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.dallasnews.com\/topic\/dallas\">Dallas<\/a>, is planning to restrict the 330-unit Gateway at Trinity Forest apartment complex for residents making 60% of the Dallas\u2019 area median income. <\/p>\n<p class=\"body-text-paragraph\">That figure is around $70,380 for a family of four, according to the Department of Housing and Urban Development.<\/p>\n<p class=\"body-text-paragraph\">In February, Dallas City Council approved the developer\u2019s plan to apply for 4% housing subsidies with the Texas Department of Housing and Community Affairs. <\/p>\n<p>D-FW Real Estate News<\/p>\n<p class=\"dmnc_features-cta-social-cta-social-module__zWZy- mb-4\">Get the latest real estate news you need to know.<\/p>\n<p class=\"body-text-paragraph\">\u201cWe have to wait to break ground until the application is approved, so we\u2019ll submit it in a month or two. It\u2019s a 75-90-day process,\u201d said Jake Brown, development manager for LDG\u2019s Dallas office. \u201cAssuming we get through it successfully, we\u2019ll be ready to start construction around December 2025.\u201d<\/p>\n<p class=\"body-text-paragraph\">While project costs have not been officially revealed, a state filing puts a tentative $100,000,000 price tag on the development, which will be located at 2050 Dowdy Ferry Road. <\/p>\n<p class=\"body-text-paragraph\">\u201cAs a whole, the location of the development is fantastic since it gets direct access to I-20,\u201d Brown said.<\/p>\n<p class=\"body-text-paragraph\">The community is located near the Union Pacific rail hub along Interstate 45 and several large logistics warehouses boasting footprints of more than 1 million square feet. <\/p>\n<p class=\"body-text-paragraph\">Last quarter, nearly 600,000 square feet of new space was delivered in the area according to research from global real estate brokerage JLL, and nearly 2 million square feet have been absorbed this year.<\/p>\n<p class=\"body-text-paragraph\">\u201cNot much has happened with new housing stock in the area. There are many warehousing and manufacturing jobs, so it fits perfectly with what we\u2019re planning,\u201d Brown said. <\/p>\n<p class=\"body-text-paragraph\">The complex includes 39 one-bedroom, 147 two-bedroom, 132 three-bedroom and 12 four-bedroom floor plans featuring granite counters, hardwood floors and stainless steel appliances. <\/p>\n<p class=\"body-text-paragraph\">Amenities at the community will include a clubhouse, children\u2019s playground, pool, fitness center, yoga studio and dog park.<\/p>\n<p class=\"body-text-paragraph\">The community is also located across from trails and a lake at Great Trinity Forest Gateway and Horse Trail.<\/p>\n","protected":false},"excerpt":{"rendered":"A Kentucky developer is planning to build a fully affordable apartment complex near one of the city\u2019s logistics&hellip;\n","protected":false},"author":3,"featured_media":53959,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5135],"tags":[5229,347,12611,1596,4329,358,3187,67,586,132,5230,68,2969],"class_list":{"0":"post-53958","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-dallas","8":"tag-america","9":"tag-article","10":"tag-commercial-real-estate","11":"tag-dallas","12":"tag-real-estate","13":"tag-texas","14":"tag-tx","15":"tag-united-states","16":"tag-united-states-of-america","17":"tag-unitedstates","18":"tag-unitedstatesofamerica","19":"tag-us","20":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114828654995595073","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/53958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=53958"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/53958\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/53959"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=53958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=53958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=53958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}