<\/p>\n
The abandoned hospital building at 2929 South Hampton Road in Oak Cliff photographed on Wednesday, Jan. 28, 2026 in Dallas.<\/p>\n
Juan Figueroa\/Dallas Morning News<\/p>\n
Dallas has a deal to sell the vacant Oak Cliff hospital site in southern Dallas for nearly $6.9 million to a developer who plans to build a mix of apartments, townhomes and retail space, city officials said Friday.<\/p>\n
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The sale comes as a relief to community leaders who objected to the city\u2019s previous plan <\/a>to use the property for homelessness services.<\/p>\n The buyers could be turning \u201clemons into lemonade\u201d with their plans to invest an estimated $60 million to redevelop the 14 acres near Kiest Park, said area council member Zarin Gracey. The land has largely sat vacant for more than a decade. The hospital closed in 2014<\/a>.<\/p>\n Dallas bought the property for about $6.5 million in 2022, but scuttled its plans to put housing and other services for homeless people there when neighbors balked at the idea because the land is so close to a library, elementary school and the park. In a statement, city officials confirmed the purchase and sale agreement became effective Friday.<\/p>\n Residents have said they didn\u2019t want to see the area treated as a dumping ground for people with nowhere else to go, instead preferring amenities they say would put them on par with areas north of Interstate 30. Gracey called it the best possible outcome, with a developer the community seems excited about.<\/p>\n The city chose Options Real Estate for the sale. Monte Anderson, president of Options Real Estate, and planner Patrick Kennedy are leading the development. Anderson stressed the investment amount could change. And the deal, while in motion, is not done. According to the city, closing must occur by April 30, 2027. The buyer has a 90-day due diligence period to inspect the property, with the option to extend for a fee.<\/p>\n Anderson is looking to close within six months, going over the title, zoning, environment and expenses, anything that \u201ccould stop us from doing this project.\u201d<\/p>\n Related: Glendale Park in Oak Cliff could see long-envisioned revitalization in southern Dallas \u201cI would like to think, in my idealistic part of me, that this is helping rebuild the middle class and it gives people opportunities,\u201d Anderson said. \u201cEspecially in a place like Oak Cliff \u2014 it’s pretty hot these days \u2014 it’s hard to get opportunities for small businesses or affordable housing, for people to own things.\u201d<\/p>\n Article continues below this ad<\/p>\n Anderson, an incremental developer, has been involved with several projects across southern Dallas and other parts of North Texas. The list includes the revitalization of the Texas Theatre in north Oak Cliff, work on the Belmont Hotel and surrounding housing in West Dallas, and Tyler Station<\/a>, a mixed-use space in Oak Cliff. A sign for University General Hospital Dallas still on display at the abandoned hospital grounds at 2929 South Hampton Road in Oak Cliff on Wednesday, Jan. 28, 2026 in Dallas.<\/p>\n Juan Figueroa\/Dallas Morning News<\/p>\n
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Anderson said he\u2019s not looking to gentrify or displace neighbors, instead offering \u201cgentlefication,\u201d where locals participate in growth. An advocate for revitalization in southern Dallas, Anderson noted he grew up playing at Kiest Park.<\/p>\n
<\/a>He said the community deserves opportunities to build wealth and ownership and spoke to residents about his vision for the space at 2929 South Hampton Road in November before submitting the offer. The plan aims to create a \u201cvillage\u201d that includes rental apartments and could have amenities like restaurants, dance studios or salons.<\/p>\n<\/p>\n