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Generation Housing Partners Acquires 6.5-Acre Development Site In Dallas From Templo De Alabanza

Property Image
SOLD
Corbin Tanenbaum
Scott Smith

Texas

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Development Site
Sold 07/25/2025
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Property Image
SOLD

Generation Housing Partners Acquires 6.5-Acre Development Site In Dallas From Templo De Alabanza

4710 West Illinois Avenue

See Similar Deals
Development Site
Sold 07/25/2025
Corbin Tanenbaum
Scott Smith
the dealplayerscompscontact
Contact now

Summary

TEXAS
Asset Type:Development Site
Transaction Type:Sale

A 6.5-acre development site located at 4710 West Illinois Avenue in Dallas has been acquired by Generation Housing Partners from Templo De Alabanza. The transaction involves plans to develop HiLine Illinois, a mixed-income multifamily project consisting of 200 units at an estimated project cost of $70 million.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $70,000,000
  • Address: 4710 West Illinois Avenue
  • Market: Dallas
  • Buyer: Generation Housing Partners
  • Seller: Templo De Alabanza
  • Brokers: Scott Smith & Corbin Tanenbaum - Weitzman

The project will provide affordable housing tailored for residents earning between 30% to 70% of the area median income, supported through bonds, grants, and tax credits in partnership with the city.

Players

Corbin Tanenbaum
Weitzman⁠
Corbin Tanenbaum
5 deals
BROKER
Scott Smith
Weitzman⁠
Scott Smith
1 deal(817) 719-7679
BROKER
Weitzman⁠
Weitzman⁠
BROKERAGE

Details

SOLD
IMAGE: Scott Smith & Corbin Tanenbaum DATE: 07/25/2025 ADDRESS: 4710 West Illinois Avenue MARKET: Dallas ASSET TYPE: Development Site ~ ACRES: 6.5 BUYER: Generation Housing Partners SELLER: Templo De Alabanza BROKERS: Scott Smith & Corbin Tanenbaum - Weitzman⁠ NOTE: Generation Housing Partners acquired a 6.5-acre site at 4710 W. Illinois Ave. in Dallas to develop HiLine Illinois, a $70M, 200-unit mixed-income multifamily project in partnership with the city. The development, funded by bonds, grants, and tax credits, will offer affordable housing for residents earning 30–70% of area median income. ⁠

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