Lancaster Urban Village

The first of three residential, office and retail developments to take shape along the Lancaster corridor by City Wide Community Development Corp., which began assembling tracts along Lancaster corridor for redevelopment for years, as well as Catalyst Urban Development.

Investment

  • NMTC Amount: $11,155,000
  • Total Project Cost: $11,918,310

IMPACT

  • 14 FTE jobs
  • 143 construction jobs

Investor

Project Description

Retail space in mixed-use development: This project is the first of three residential, office and retail developments to take shape along the Lancaster corridor by City Wide Community Development Corp., which began assembling tracts along Lancaster corridor for redevelopment for years, as well as Catalyst Urban Development.

MAP

Address: 4417 South LANCASTER ROAD, Dallas, TX 75216

Census Tract: 48113005700

Other Texas Projects

This project serves the most vulnerable homeless people through a wide array of social, medical, and mental assistance. It will also provide 59 “Tiny Homes”, which will be permanent housing.

Interfaith Family Services, a nonprofit dedicated to empowering families in crisis to break the cycle of poverty, used NMTC financing for facilities improvements.
NMTC financing generated 150 jobs for Eatery Essentials
A project doubled the overall facility to 204,000 sq. ft., more than double food storage capacity, and triple the cold storage space available for healthy fresh and frozen foods.