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Dallas Cabana Hotel Switch to Apartments Underway
The former Cabana Hotel, at 899 North Stemmons Freeway, will be transformed into a mixed-use housing development. The development will provide 175 multi-family units, 70 of which will be affordable at a range of income bands from 30% to 80% area median family income (AMFI) for 45 years.
The total project cost is over $116 million and is supported by a City of Dallas subsidy of up to $41 million from the Design District Tax Increment Financing (TIF) District.
Sycamore Development, in partnership with Hunt Capital Partners, is the developer. The building has been vacant for over 10 years and is on the National Register of Historic Places.
The property was originally developed in 1962 by Las Vegas hotelier Jay Sarno as the Cabana Motor Court Hotel. In its heyday, celebrities like The Beatles and Led Zeppelin visited it. A young Raquel Welch worked as a cocktail waitress in the “Bon Vivant Room.” Many of the historic features will be brought back to life.
- ◦Development
