The Second Community at Canyon in Oak Cliff Breaks Ground

By Camelia Bulea, Associate Editor The Canyon development in Oak Cliff has reached a new milestone — the groundbreaking of its second community, now that the first community is at 100 percent occupancy. The 200-acre mixed-use project, owned by Stratford Land and developed by GoundFloor Development, will be a community environment designed for livability, workability [...]

The Canyon development in Oak Cliff has reached a new milestone — the groundbreaking of its second community, now that the first community is at 100 percent occupancy.

The 200-acre mixed-use project, owned by Stratford Land and developed by GoundFloor Development, will be a community environment designed for livability, workability and convenience. It will include residential, retail and office uses, according to a news release by Stratford Land.

The second community, called The Hillside West Seniors Community, is expected to be completed in the winter of 2013 and to include 130 units, featuring one-bedroom and two-bedroom configurations. The age-restricted community will also feature amenities such as a swimming pool with sundeck and seating area, a clubhouse with fitness and wellness centers, and an herb planting garden.

The first community, which recently reached 100 percent occupancy, is a 160-unit affordable multifamily property completed in October 2011; it has achieved a LEED Gold certification.

According to the Web site dedicated to the entire mixed-use project, the commercial component’s retail and office projects are planned for approximately 84 acres.

Meanwhile, a downtown Dallas skyscraper has been posted for the July foreclosures. The 33-story, 845,000-square-foot skyscraper at 2100 Ross Ave. was last assessed at $60 million, the Dallas Business Journal quoted from the Dallas Central Appraisal District. The tower, previously known as San Jacinto Tower, is owned by New York City-based The Moinian Group and was last sold for $73 million.

Photo showing the Canyon tract map; Image credits: www.thecanyoninoakcliff.com