A key player in an effort to revive a controversial Lake Highlands development that includes at least 100 affordable housing units will decide Tuesday whether...
that only allows for office buildings, hotels, motels and restaurants to be built. Sycamore Strategies’ latest plan is for the city of Dallas to acquire the property through the public facilities corporation and lease it back to the developer.
“We have plenty of poor people living here among us,” Sherman said. “I don’t want to share North Dallas because I like it just the way it is. And I don’t want to destroy it by bringing in all this population here. Urbanizing Dallas is a threat to my way of life.” About 8 acres covered by the original 30-acre deed are still under its restriction, Krochtengel has said.
Marc Ishmael, a lifelong Dallas resident who has lived in the neighborhood, said the project would align with the city’s urban land use plan in“If you’re someone who doesn’t own a car, and you’re looking for lower-income housing, a place like this would be perfect,” Ishmael said. “It’s right by what will be a very accessible trail network. It’s near employment opportunities.”
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