Design District TIF District

Ascension Design District (Credit Kauwuane Burton Photography)_MG_9766
The Design District TIF District is located just to the northwest of downtown, straddling Stemmons Freeway from roughly Wichita Street to Medical District Drive. It was established to assist in the transformation of the old Stemmons Industrial area into a diversified, pedestrian friendly, mixed-use neighborhood near the heart of Downtown Dallas. The mission of the Design District TIF District is to provide a source of funding for public infrastructure improvements to assist in redeveloping an industrial and warehouse district to take full advantage of the expanding DART light rail system, to promote transit-oriented development, to improve access to the Trinity River, and to enhance the quality of development adjacent to the Trinity Corridor.

Design District TIF District Map

  1. Design District Sub-district
  2.                     Market Center/                   Stemmons Sub-district
This Sub-district follows the original boundaries of the Design District, plus additional property along Slocum/Dragon Streets and Riverfront Boulevard.

The Design District Sub-District's 2016 taxable value was $543,129,404, an increase of 180% of the base year. The positive increase in the Sub-district's tax base can be attributed on an approximate percentage basis to new construction (77%), property transactions (6%), and appreciating property values (17%).

District Characteristics
TIF Lifespan


  • Creation Date: June 8, 2005
  • Expiration Date: December 31, 2027

Size


  • 292 Acres (excluding Right of Way)

Participating Jurisdictions


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

Design District TIF District Success Stories

DD-Success Story-Alexan Riveredge
DD-Success Story-Trinity Strand Trail Phase I

Design District TIF Projects Summary

Projects & Potential Projects Within TIF District Utilizing Funding

Units / SF
Approximate Value TIF Investment
Total
523 res. units $80,000,000 $12,202,000
Projects & Potential Projects Within TIF District Not Utilizing Funding

Units / SF
Approximate Value TIF Investment
Total
1,871 res. units;
214,703 SF
retail/showroom;
13,520 SF
gallery/arts venue;
298,000 SF office; 
50,000 SF hotel space; 483 hotel rooms  
$485,307,840 $0
Total (TIF & Non-TIF)

$565,307,840 $12,202,000