FAQ: Palladium Buckner Station Groundbreaking and Development Details

What is Palladium Buckner Station and where is it located?

Palladium Buckner Station is a $107 million transit-oriented, mixed-income multifamily community located at 400 S. Buckner Boulevard, Dallas, TX 75217, adjacent to the Buckner DART Station in Southeast Dallas.

When is the groundbreaking ceremony taking place?

The groundbreaking ceremony is scheduled for Thursday, October 2, 2025, from 11:00 AM to 12:30 PM CST at 400 S. Buckner Boulevard, Dallas, TX 75217.

What types of housing units will be available and how are they priced?

The development will offer 304 residences including one-, two-, and three-bedroom floor plans, with 244 units available at below market rate (60% of area median income) and 60 units at market rate, including 30 three-bedroom two-story townhome units.

What amenities will be available to residents?

Amenities include a resort swimming pool, state-of-the-art fitness center, conference center, business center, children’s playroom, 1,600 sf community room, playground, basketball court, gazebos with grilling stations, and a clubroom with mini-kitchen featuring upgraded appliances and quartz countertops.

Who are the key partners and organizations involved in this project?

Key partners include Tom Huth, President and CEO of Palladium USA, ARRIVE Architecture Group (design), BBL Building Company (general contractor), Operation Community Care (joint venture), Dallas City Council Member Jaime Resendez (District 5), Marcy Helfand, President of the DHFC, Regions Bank, Dallas Housing Finance Corporation, DART, and the City of Dallas.

How is this project being financed?

Financing includes $34m in tax credit equity, $26m in bridge loan proceeds, $47m FHA 221(d)(4) loan from Regions Bank, $14.5m City of Dallas funding, $49.9m in tax-exempt bonds from Dallas Housing Finance Corporation, and $39m in 4% housing tax credits from Texas Department of Housing and Community Affairs.

Why is this development considered significant for the community?

This project provides much-needed mixed-income housing with convenient transit access, represents a successful public-private partnership, and converts underutilized parking at DART’s Buckner Station into quality housing that benefits the surrounding neighborhood.

What makes this development unique compared to other housing projects?

The development features a public pedestrian promenade with enhanced landscaping and is specifically designed as a transit-oriented community adjacent to the Buckner DART Station, providing residents with convenient transportation access.

What will happen at the groundbreaking ceremony?

Attendees will enjoy a brief program with remarks from community leaders and development partners, ceremonial turning of the soil, project renderings, refreshments, and branded promotional items.