{"id":339048,"date":"2026-06-16T23:13:14","date_gmt":"2026-06-16T23:13:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/339048\/"},"modified":"2026-06-16T23:13:14","modified_gmt":"2026-06-16T23:13:14","slug":"hunt-capital-sycamore-to-turn-122-year-old-warehouse-into-loft-housing-in-dallas-west-end-dallas-innovates","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/339048\/","title":{"rendered":"Hunt Capital, Sycamore To\u00a0Turn 122-Year-Old Warehouse Into Loft Housing in\u00a0Dallas’ West\u00a0End \u00bb Dallas Innovates"},"content":{"rendered":"

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Rendering of West End Lofts [Image: Hunt Capital Partners]<\/p>\n

Hunt Capital Partners has announced the financial closing of West End Lofts, a $125 million mixed-income, mixed-use redevelopment to be located at 711 and 805 Elm Street in downtown Dallas\u2019 West End.<\/p>\n

Led by Sycamore Development, the project will transform a portion of the West End district into \u201can innovative and pedestrian friendly hub for housing and retail while preserving the area\u2019s architectural heritage,\u201d Hunt Capital said.<\/p>\n

News of the development offers a glimmer of sunlight for downtown Dallas, which is still reeling from the news of big planned departures including AT&T<\/a>, the Dallas Mavericks<\/a>, and the Dallas Stars<\/a>.<\/p>\n

Sycamore\u2019s Zachary Krochtengel said the West End \u201chas extraordinary bones, and these two buildings tell an important story about Dallas\u2019 early commercial history.\u201d<\/p>\n

\u201cOur vision from the beginning was to honor that history through careful adaptive reuse while creating a place that draws people back to the neighborhood every day,\u201d he added in a statement. \u201cWest End Lofts isn\u2019t just housing; it\u2019s a long-term investment in the vitality of this entire district.\u201d<\/p>\n

West End Lofts will offer 154 new homes in a five-story former furniture warehouse originally constructed in 1904, complemented by a new six-story building. The development will also preserve and restore a five-story building dating to 1925 that\u2019s thought to be the city\u2019s first parking garage. A \u201cthoughtfully designed\u201d pedestrian plaza will connect the buildings, bringing green space to a former surface parking lot at 211 N. Austin Street.<\/p>\n

Amenities and financing<\/p>\n

Per Hunt Capital and Sycamore, West End Lofts will offer:<\/p>\n

:: 154 residential units, including 63 income-restricted units serving households earning up to 30%, 60%, 70%, and 80% of Area Median Income and 91 market-rate units.<\/p>\n

:: Common areas include a swimming pool and courtyard, dedicated co-working and meeting space, a rooftop lounge, a game room and fitness center, along with bike storage and a pet spa.<\/p>\n

:: Ground-floor commercial spaces at 711 Elm and 805 Elm totaling more than 20,000 square feet.<\/p>\n

:: Dedicated student learning space for school-age children, notary services, and tax services will be available to residents.<\/p>\n

\u201cWest End Lofts is a strong example of what\u2019s possible when the right financing structure comes together around a project with real community impact,\u201d said Jeff Weiss, president of Hunt Capital Partners. \u201cOur role as syndicator was to bring the tax credit equity, Federal Low Income Housing Tax Credits and Federal and Texas State Historic Tax Credits to the table in a way that makes the economics work for long-term affordability and historic preservation.\u201d<\/p>\n

\u201cWe\u2019re proud to partner with Sycamore Development on a project that does both,\u201d Weiss added in a statement.<\/p>\n

Financing for the project includes construction and TIF bridge loans from Bank OZK. Permanent loan financing will be provided by Grandbridge. The City of Dallas has committed $49 million in Tax Increment Financing (TIF) support to the project, part of the city\u2019s broader strategy to activate the historic West End, coordinate redevelopment around the West End DART light rail station, and align improvements with catalysts such as the reconstruction of the Kay Bailey Hutchison Convention Center. Hunt Capital Partners syndicated $19.5 million in Federal Low Income Housing Tax Credits, $7.9 million in Federal Historic Tax Credits and $9.8 million in certificated Texas State Historic Tax Credits.<\/p>\n

David Seeley contributed to this story.<\/p>\n

Don\u2019t miss what\u2019s next. Subscribe\u00a0to\u00a0Dallas\u00a0Innovates.<\/p>\n

Track Dallas-Fort Worth\u2019s business and innovation landscape with our curated news in your inbox Tuesday-Thursday.<\/p>\n

\u00a0<\/p>\n

\tR E A D\u00a0\u00a0 N E X T\t<\/p>\n

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The new office is designed to simplify how organizations work with SMU\u2014whether through research partnerships, workforce development, or student engagement.<\/p>\n

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\t\"An<\/a><\/p>\n

CRE platform BLDUP reported the $25 million West Dallas filing on April 17. Amazon CEO Andy Jassy calls Prime Air’s drone delivery effort “a multi-year invention cycle,” with test flights from the new paddock possible as early as August.<\/p>\n

Headquartered in Lakeland, Georgia, with offices in Charleston, South Carolina, Super-Sod\u2019s omnichannel approach and reputation for product quality and innovation have made it a trusted brand for professional landscapers and homeowners throughout the region, Kainos Capital said.<\/p>\n

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Colossal Biosciences took home a gold Edison Award for developing\u00a0a first-of-its-kind mammalian cloning method from blood samples\u2014which led to what the company called “the world\u2019s first true de-extinction” of the dire wolf. Also, Breakout Learning won a silver for its NextBook learning platform, while OhmBody took home a bronze for its period-easing wearable nerve stimulation device.<\/p>\n

Founded in 1973, Interstate Threaded Products has built a reputation for supplying high-quality threaded fasteners for customers operating in infrastructure, power generation, construction, telecommunications, industrial manufacturing, agriculture, and other critical industries.<\/p>\n

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Using a digital twin of Parkland Memorial Hospital for its blocky hospital, UTD’s MCAT prep course playbook was designed by IvyBee, a Plano-based startup founded and led by Dr. Walter Voit, founder of UTD’s Center for Engineering Innovation.<\/p>\n","protected":false},"excerpt":{"rendered":"Rendering of West End Lofts [Image: Hunt Capital Partners] Hunt Capital Partners has announced the financial closing of…\n","protected":false},"author":2,"featured_media":339049,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[102,104,86460,103,120840,120841,120842,120843,120844],"class_list":["post-339048","post","type-post","status-publish","format-standard","has-post-thumbnail","category-dallas","tag-dallas","tag-dallas-headlines","tag-dallas-mixed-use-development","tag-dallas-news","tag-hunt-capital-partners","tag-jeff-weiss","tag-sycamore-development","tag-west-end-lofts","tag-zachary-krochtengel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/339048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=339048"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/339048\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/339049"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=339048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=339048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=339048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}