Banyan Residential and Bridge Investment Group are pleased to announce the first move-ins at Banyan Flats, a 289-unit apartment community located just west of downtown Dallas. This development is one of the city’s initial projects under the Public Facility Corporation program, which offers rent-restricted pricing on 50% of the building for qualifying residents.
Situated in an Opportunity Zone, Banyan Flats is part of Texas’ Public Facility Corporation program that aims to develop and preserve mixed-income workforce housing communities. These communities serve individuals earning at or below 80% of the area median income and also provide non-income-restricted units.
Conveniently located at 2022 N. Beckley Avenue, Banyan Flats features a variety of apartment options such as micro-units, studios, one-, two-, and three-bedroom units ranging from 415 to 1,425 square feet. Residents can enjoy top-notch amenities including a unique resort-style pool – considered one among Dallas’ finest – along with a fitness center clubhouse , dog wash facility ,and rooftop deck .
