1007 Folsom Street
Proposed High-Rise Development
Opposed by The West Dallas Neighborhood Coalition
1007 Folsom Street
Currently an architecturally significant photography studio and event space, 1007 Folsom Street is a true asset to our community. However, it is the site of a proposed high-density, luxury residential development.
Currently listed at $4,000,000 as a lot for redevelopment, 1007 Folsom Street is one of the most expensive parcels of land for sale in Dallas. Its development would dramatically inflate West Dallas real estate prices and reduce access to affordable housing.
Agents for the property have proposed that it could be developed into a high-rise apartment building, which is prohibited by the current zoning regulations in PD 714. They also insinuate that zoning could be modified to suit commercial developers better. Simply put, they’re not thinking about the neighborhood.
Real estate companies want to fit more people onto this lot than it can support, putting a burden on surrounding infrastructure and residents. This development goes against the spirit of the zoning ordinance set in PD 714. It would set an awful precedent, leading to rapid growth in density and other undesirable changes to the neighborhood. Further, high-rise development would block unique downtown views from the single-family neighborhood, which is explicitly prohibited by zoning ordinances.
At the West Dallas Neighborhood Coalition, we will take an ardent stand against any development or land use that does not respect the spirit of PD 714. It’s time for giant commercial developers to think about the community before they build.