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Dallas developer Hoque Global is plotting a big mixed-use neighborhood in southern Dallas, subsequent to the campus of The University of North Texas at Dallas (UNT Dallas), near the intersection of I-20 and Lancaster Road.
According to a launch, the event, referred to as University Hills, will comprise a 270-acre property with tons of of city houses, industrial buildings, a city heart, and inexperienced areas all through. It’ll be the primary large-scale mixed-use neighborhood of its variety in southern Dallas.
Hoque has been buying undeveloped land whereas working with the town of Dallas and different stakeholders in the neighborhood, and has submitted a proposal for incentives and infrastructure to the Dallas City Council’s Economic Development Committee.
Hoque Global CEO Mike Hoque says in a press release {that a} large-scale, mixed-use improvement in this location will “re-write perceptions” of investing in and shifting to Southern Dallas.
“We hope University Hills will be the first of many community-driven and neighborhood-building developments bringing much needed quality jobs and housing for the area to grow,” Hoque says.
Hoque is concentrated on investing and growing in underserved communities, and the realm is very fertile because it’s lower than 20 minutes from downtown Dallas, making it one of many few on the periphery of downtown which has not seen this sort of improvement or development.
At its full build-out, the mission is deliberate to have
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tons of of single-family houses -
1,500 residences in multifamily communities -
1.5 million sq. ft of economic area -
greater than 50 acres of open inexperienced area
The first section alone is slated to have over 500 single-family houses, 250 multifamily items, and almost 200,000 sq. ft of economic area together with workplace and retail.
With hundreds of thousands of sq. ft of commercial and warehouse area targeting the south aspect of I-20 and its proximity to UNT Dallas, there’s demand for high quality workplace area, life science amenities, and flex buildings from corporations doing enterprise in the southern sector in addition to their suppliers, prospects, and companions.
Important public sector investments have helped set the stage for this sort of mission, together with the DART Blue Line into southern Dallas. The University of North Texas at Dallas’ campus has turn out to be an integral a part of the local people, and the plan for University Hills requires programming that enhances the University’s choices and responds to its wants that embrace high quality housing and employment facilities.
Hoque Global is a diversified firm with properties in hospitality, occasion planning, expertise, logistics, and transportation.
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