A Dallas-based apartment builder is eyeing plans for the first phase of an ambitious mixed-use development just south of downtown Dallas.
Corsair Ventures is planning a 266-unit rental community on Cesar Chavez Boulevard south of Interstate 30.
The apartment project is in a 15-plus-acre development between Good-Latimer Expressway and Cesar Chavez, about four blocks south of downtown. The site is next to the Cedars neighborhood.
Dallas’ Hoque Global has been working on plans for the mixed-use development it calls SoGood for more than two years. The project includes redevelopment of the former Pilgrim’s Pride chicken plant on Cesar Chavez, which closed in 2011.
SoGood is planned to include a combination of renovated buildings and new construction. Commercial, retail and residential uses are planned in the project.
Corsair Ventures’ The Chole at SoGood apartments will be built at 2010 S. Cesar Chavez and will start later this year, according to planning documents filed with the state.
The 384,000-square-foot multifamily development will cost more than $43 million and will include a parking garage, a club, a pool and courtyards, the planning documents state.
Corsair Ventures builds apartment and health care projects and has built rental communities in Dallas, Rockwall, Houston, Fort Worth and San Antonio.
SoGood is one of two major developments Hoque Global is planning on downtown Dallas’ south side.
Hoque and Omaha, Neb.-based Lanoha Real Estate also are planning the 20-acre Newpark mixed-use development on Canton Street near City Hall. The first phase of that project would include a 40-story tower.