The purpose of this project is to analyze and prioritize investments within the study area to best position catalyst areas identified in the adopted West Dallas Urban Structure and Guidelines document for redevelopment. The desired outcome of the project is a detailed redevelopment and investment strategy for the area that can inform the City's Capital Improvement Program, upcoming bond cycle and other opportunities for nontraditional funding.
The study will identify implementation and funding opportunities among the development community, the City and incentive programs, such as new or existing tax increment financing tools, expanding or activating municipal management districts, and/or additional potential incentive tools. The project seeks to prioritize capital projects to align with the proposed phasing of the build-out of the urban structure in order to support development and amenities in accordance with established community standards.