Parks at Wynnewood Could Become Mixed-Income Development
Big news, potentially, for folks in Wynnewood North: A proposal to rework the Parks at Wynnewood apartments (owned by Banc of America/front and center in concerns about Wynnewood Village Shopping Center) will go before the Dallas City Council on Sept. 7. If all goes as planned, rezoning would be in order by December.
As City Councilman Scott Griggs told neighbors last night, Phase I would mean razing 108 existing units that are in “functional obsolescence,” building 140 new ones for low-income senior housing, and making way for a mixed-income development that would “revitalize Wynnewood [Village] Shopping Center.”
The gist, here, is that Griggs and others want to release part of the deed restrictions that have limited the Parks at Wynnewood to low-income folks — meaning about half the complex would still be income specific, and half of it would be open season for market-value apartments.