Long-Term Lease for Apperson Mixed-Income Project

Dallas plans to authorize the Dallas Public Facility Corporation to enter into a 75-year lease with Slate Properties, LLC for development of the Apperson mixed-income multifamily project on Apple, Caddo, and San Jacinto streets. The arrangement is expected to result in an estimated $5.6 million in foregone General Fund revenue over 60 years.

Scope & details

The full contract record, as filed.

Contract amount

Estimated Revenue Foregone: General Fund $5,616,793.05 (for 60 years)

Contract type

FACILITIES

Contract term

Seventy-five-year lease

Renewal

Initial lease term is 75 years; agenda notes revenue foregone calculated over 60 years.

Document type

Agenda

Source document

City of Dallas Council Agenda 2026-06-24

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City of Dallas Council Agenda 2026-06-24

APPROVED

Dallas county Housing Assistance Program, TexasEstimated Revenue Foregone: General Fund $5,616,793.05 (for 60 years)Jun 24, 2026

City of Dallas Agenda Housing and Homelessness Solutions Committee 2026-05-26

PENDING

City of Dallas city, TexasMay 26, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by City of Dallas city?

Slate Properties Llc was awarded this facilities contract by City of Dallas city, as recorded on June 16, 2026. The contract value is Estimated Revenue Foregone: General Fund $5,616,793.05 (for 60 years).

How much is the Slate Properties Llc contract with City of Dallas city worth?

The Slate Properties Llc contract with City of Dallas city is valued at Estimated Revenue Foregone: General Fund $5,616,793.05 (for 60 years), covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Dallas Council Agenda 2026-06-24 (Agenda), dated June 16, 2026 from City of Dallas city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Slate Properties Llc hold?

Slate Properties Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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