The Dallas City Council had high hopes for Victory Park when it opened in 2001 near Downtown Dallas. It hasn’t hit the initial goal of becoming an economic epicenter, but help is on the way.
A $100 million plan called “Reimaging Victory Park” was approved earlier this week by an economic committee. On October 23rd, the full City Council will hear all sides on the project. With hopes of expanding business with better tax incentives, better parking, and an increased network between neighborhoods and the Katy Trail, the project was mostly funded privately.
The plan would convert Houston Street and Victory Avenue to one-way traffic and improve pedestrian access to Olive Street and Victory Park Lane.
The city also hopes to attract "a large food and beverage tenant" to anchor the Victory Plaza office building. The city is even willing to consider "non-traditional uses" such as food trucks, street vendors and an artisan market.
The first phase of the project would begin in May 2014 with an estimated completion in December 2015.