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DHFC approves Palladium Buckner Station partnership; developer expects $15 million city subsidy
Summary
The DHFC board approved resolutions to support Palladium Buckner Station, a proposed roughly 300‑unit transit‑oriented development at 8008 Elam Road, and heard that the developer expects a $15 million economic development commitment from the City of Dallas subject to council approval.
The DHFC board approved a package of resolutions to support Palladium Buckner Station, a multifamily transit‑oriented development proposed at 8008 Elam Road. Staff introduced developer representatives from Palladium USA (identified in the record as Kim Parker and others) and said the project had advanced through zoning and obtained a bond reservation, placing it on a closing timeline similar to other projects presented to the board.
Project details presented: Developers described the proposal as approximately 300–304 units, configured with about 80% of units restricted to 60% of area median income and 20% market‑rate…
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