High Street Residential, Inc.
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5550 LBJ Mixed-Income Housing Development (25-1147A)
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April 2025
Authorization for the Dallas Public Facility Corporation to acquire and develop a mixed-income multifamily project at 5550 LBJ Freeway and enter into a 75-year lease with High Street Residential, Inc., with an estimated $170.3 million in general fund revenue foregone.
…as 75240 (Project); and (2) enter into a seventy-five-year lease agreement with High Street Residential, Inc. or its affiliate, for the development of the Project - Estimated Revenue Forgon…
March 2025
The Dallas Public Facility Corporation would acquire, develop, and own 5550 LBJ, a mixed-income multifamily development at 5550 Lyndon B Johnson Fwy, and enter into a 75-year lease agreement with High Street Residential, LLC for the project's development.
Upcoming City Council Agenda Item on April 23, 2025: Authorize the Dallas Public Facility Corporation to acquire, develop, and own 5550 LBJ, a mixed-income, multifamily development to be located at 55