Old Parkland Hospital Campus Phase 2

Dallas,
TX
(2010)

Old Parkland Hospital Campus Phase 2

Community, Historic Rehabilitation, Mixed-use

Investment

NMTC Amount: $13,550,000
Total Project Cost: $20,321,926

IMPACT

42 FTE jobs
152 construction jobs
Rehabilitation of a vacant or under-utilized historic structure.

CDEs

Bank of America

Investor

Bank of America

Project Description

NMTC financing supported renovation of vacant hospital campus into boutique office space, dinning hall and coffee shop.

Details: The Old Parkland lands stood vacant for years at Maple and Oak Lawn Avenues before Crow Holdings restored the historic hospital campus into a significant landmark in 2009. This project expanded the Old Parkland campus across Maple Avenue to fill the block bounded by Maple, Fairmount, Reagan, and Throckmorton.

Previously, the parcels totaled 111,220 square feet (or 2.56 acres). At their existing FAR, that would result in buildings totaling of roughly 211,318 square feet. At 4:1 FAR, this more than doubles to 445,320 square feet of buildings.

MAP

Address: 3819 Maple Avenue, Dallas, TX 75219

Census Tract: 48113000500

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