370-Unit Oak Cliff Project to Set Aside Apartments for “Essential Workers”
Mintwood Real Estate and MSquared broke ground on Loma, an Oak Cliff development that will deliver 370 luxury apartment homes, with 187 reserved for essential workers earning between 50% and 80% of the area median income (AMI).
Amenities will include a pool, rooftop sky lounge, sauna, cold plunge, co-working spaces, children’s play areas, dog park, and state-of-the-art fitness center
The Design Team is led by WDG Architecture and Swoon, the Studio (interiors).
Loma is being developed in partnership with the Dallas Public Facility Corporation.
Mintwood has a portfolio of 5,000 residential units, 500,000 square feet of retail space and a capitalization of $2 billion.
MSquared says it is a women-owned real estate impact platform focused on creating mixed-income, mixed-use projects that promote affordability, sustainability, and diversity.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout