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The opportunity
You are invited to view The Canyon in Oak Cliff, one of the most exciting and largest urban infill development opportunities
in North America. Envisioned as a close-in, cohesive community environment designed for real livability, workability, and
convenience. Located less than five miles from Downtown Dallas, at the southwest corner of North Westmoreland Road and
Interstate 30. The site is 1 mile in length north to south, with a unique topography by Dallas standards. The area contains rolling
hills and valleys, offering vistas of this spectacular property with views of the downtown skyline and a running stream traversing
the property south to north. At 186 acres, a developer has the opportunity to create a significant 30 acre highway fronting lifestyle
retail project. The Property caps the west boundary of the North Oak Cliff neighborhood.
The canyon’s Development Agreement with the City of Dallas provides for financing through a Tax Increment Finance District
(“TIF”) that can reimburse the developer for up to $69 million in eligible improvements and up to $59 million for interest on
unreimbursed expenses for a total project benefit not to exceed $128 million.
The Canyon is also part of the North Oak Cliff Municipal Management District (“NOCMMD”), which allows the district to issue
tax-exempt bonds to reimburse the developer for eligible public infrastructure expenses. The combination of the TIF and the
UPTOWN
DESIGN DISTRICT ARTS DISTRICT BAYLOR
VICTORY PARK
DEEP ELLUM
MARGARET HUNT HILL
BRIDGE
WEST END
HISTORIC DISTRICT
FARMERS
DALLAS MARKET
CBD
TRINITY GROVE
CONVENTION
CENTER
Create an entirely new community! CEDARS
KESSLER
METHODIST DALLAS
MEDICAL CENTER
STEVENS PARK GOLF
COURSE
PINNACLE PARK
BISHOP ARTS DISTRICT