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Old Posted Mar 25, 2016, 12:14 AM
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Alamo Manhattan to start $57M project after getting $11.25M in TIF funds
Candace Carlisle
March 24, 2016



Quote:
Our design has been moving along for awhile and we have already made great progress," Wade Johns, vice president at Alamo Manhattan, told the Dallas Business Journal."This is a major milestone for sure and we plan to get underway as early as September."
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We have done development in different parts of Texas and the West Coast and we have never seen a community engaged or care so much as this project," he told at the time. "They love north Oak Cliff and are interested in it doing well and making sure this property fits into the neighborhood."

Bishop Arts Station includes plans for 209 apartments and 25,200 square feet of restaurant and retail space at the northwest and southeast corners of Zang Boulevard and W. Davis Street in the Bishop Arts neighborhood.
Quote:
The project will also be funded with private equity (a little more than $20 million) and a construction loan (more than $37.1 million). If the deal is approved by the council, the developer could begin the project in September and expect completion by May 2018.
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