Feature Photo: An aerial view of the proposed sites where Urban Genesis is proposing to build multifamily developments. Image: Google Earth/VBX graphic.
by Art Benavidez
Dallas (Dallas County) — A Houston real estate company received rezoning approval from the Dallas Plan Commission at a meeting last week on two different properties in which they are proposing to develop multifamily units.
The Houston based real estate company Urban Genesis is proposing to develop the sites in the northwest portion of the city.
The multifamily projects are located just north of the University of Texas Southwestern Medical Center and are separated by Maple Avenue.
One of the undeveloped properties is located on 0.78-acres at the northeast intersection of Kimsey Drive and Maple Avenue.
The property was rezoned to a MF-2, multifamily district, from mixed-use district and an industrial research district.
If approved by the city, the development would need a minimum of 98 parking spaces on the premise that every unit would consist of one bedroom. Parking requirements will increase if the units have more bedrooms.
The MF-2 zoning requires that the proposed development also have 60% impervious cover.
Landscaping must adhere to the Dallas Development Code. The Dallas based company Ithaca Gp, LLC led by Justin Small, their president, created the special entity Red Barn Holdings LP to own the land.
Urban Genesis also received a rezoning to MF-2 from industrial manufacturing district for a 0.62-acre undeveloped property on the west corner of Maple Avenue and Stutz Drive, which is diagonally across the 76-unit property located at the intersection of Kimsey Drive and Maple Avenue.
Urban Genesis is proposing to develop 62 units on this site. The zoning also calls that the proposed development to have 60% impervious cover.
The Dallas based company Kimley Stutz LLC, also led by Small, owns the land.
A minimum of 78 parking spaces would be required by the MF-2 zoning for 62 one-bedroom unit apartments. If the units consist of more than one bedroom, the amount of parking will increase accordingly.