Affordable Housing Development in Dallas
A Kentucky developer, LDG Development, is planning to build a fully affordable apartment complex near one of the city’s logistics hubs. The development, called Gateway at Trinity Forest, will be located at 2050 Dowdy Ferry Road and will consist of 330 units. The complex will be restricted to residents making 60% of the Dallas area median income, which is around $70,380 for a family of four, according to the Department of Housing and Urban Development.
Developer’s Plan and Approval
In February, the Dallas City Council approved the developer’s plan to apply for 4% housing subsidies with the Texas Department of Housing and Community Affairs. The developer is waiting for the application to be approved before breaking ground on the project. “We have to wait to break ground until the application is approved, so we’ll submit it in a month or two. It’s a 75-90-day process,” said Jake Brown, development manager for LDG’s Dallas office. “Assuming we get through it successfully, we’ll be ready to start construction around December 2025.”
Location and Accessibility
The location of the development is considered fantastic due to its direct access to I-20. 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. “As a whole, the location of the development is fantastic since it gets direct access to I-20,” Brown said. The area has seen significant growth in recent years, with nearly 600,000 square feet of new space delivered last quarter and nearly 2 million square feet absorbed this year, according to research from global real estate brokerage JLL.
Meeting the Demand for Housing
The development is expected to meet the demand for housing in the area, which has seen little new housing stock in recent years. “Not much has happened with new housing stock in the area. There are many warehousing and manufacturing jobs, so it fits perfectly with what we’re planning,” Brown said. The complex will provide much-needed affordable housing options for families and individuals working in the area.
Amenities and Features
The complex will feature a range of amenities, including a clubhouse, children’s playground, pool, fitness center, yoga studio, and dog park. The community will also be located across from trails and a lake at Great Trinity Forest Gateway and Horse Trail. The units will feature granite counters, hardwood floors, and stainless steel appliances, with a range of floor plans available, including 39 one-bedroom, 147 two-bedroom, 132 three-bedroom, and 12 four-bedroom units.
Project Costs and Timeline
While the project costs have not been officially revealed, a state filing puts a tentative $100,000,000 price tag on the development. The developer is expected to start construction on the project in December 2025, pending approval of the housing subsidies application.
Conclusion
The Gateway at Trinity Forest development is an exciting project that will provide much-needed affordable housing options for families and individuals in the Dallas area. With its fantastic location, range of amenities, and affordable pricing, the complex is expected to be a popular choice for those looking for a new place to call home. As the demand for housing in the area continues to grow, developments like Gateway at Trinity Forest will play an important role in meeting the needs of the community.
Frequently Asked Questions
Q: What is the location of the Gateway at Trinity Forest development?
A: The development is located at 2050 Dowdy Ferry Road, near the Union Pacific rail hub along Interstate 45 and several large logistics warehouses.
Q: How many units will the development consist of?
A: The development will consist of 330 units, ranging from one-bedroom to four-bedroom floor plans.
Q: What is the income restriction for residents of the development?
A: The development is restricted to residents making 60% of the Dallas area median income, which is around $70,380 for a family of four.
Q: What amenities will the development feature?
A: The development will feature a range of amenities, including a clubhouse, children’s playground, pool, fitness center, yoga studio, and dog park.
Q: When is construction expected to start on the project?
A: Construction is expected to start in December 2025, pending approval of the housing subsidies application.
