Southwestern Medical TIF District

The Link on Maple Ave-5219 Maple Ave (OED-Patskin)
The mission of the Southwestern Medical District TIF District is to provide a source of funding for public infrastructure improvements anticipated to enhance the real estate market for this area. The Southwestern Medical TIF District represents the outgrowth of the City of Dallas’ effort to provide a model for redeveloping a former industrial and warehouse district to take full advantage of the expanding DART light rail system, to promote transit oriented development, especially in areas that are major employment centers like the Medical District, and to implement appropriate urban design standards. 

Southwestern Medical TIF District Map

District Characteristics
TIF Lifespan


  • Creation Date: April 27, 2005
  • Expiration Date: December 31, 2027 or when the budget of $27.5 million (2006 dollars) has been collected

Size


  • 302 Acres

Participating Jurisdictions


  • City of Dallas 
  • Dallas County 
More information can be found in the annual report, available here.

Southwestern Medical District TIF District Success Stories


Southwestern Medical District TIF-Success Story-Parkland

Southwestern Medical TIF District Projects Summary

Projects Within TIF District Utilizing TIF Funding

Units / SF
Approximate
Value
TIF
Investment
Total
112 townhomes $41,398,336 $8,724,866
Projects Within TIF District Not Utilizing TIF Funding

Units / SF
Approximate
Value
TIF
Investment
Total
1,136 res. units; 
64,000 SF lodging; 
2,712,267 SF medical office; 45,000 SF
comm
Taxable Value:
$177,387,360;
Non-Taxable Value: 
$1,336,640,510
$0
Total (TIF & Non-TIF)
  Taxable Value:
$218,785,696;
Non-Taxable Value:
$1,336,640,510
$8,724,866