Developers want to convert the historic Cabana Hotel near downtown Dallas into affordable housing.
Preliminary plans for the project were presented this week to Dallas’ Urban Design Peer Review Panel by developer Sycamore Strategies’ Zachary Krochtengel. The building will have about 160 apartments.
Krochtengel told the design panel that his group is seeking historic tax credits and Low-Income Housing Tax Credits to help finance the project.The redevelopment plan includes removing part of an existing parking garage, adding new construction and opening up the back side of the hotel along Slocum Street to create better pedestrian connection.
The Cabana Hotel was constructed in 1962 by Las Vegas hotelier Jay Sarno, who also built the landmark Caesar’s Palace. The hotel — originally the Cabana Motor Hotel — in its heyday hosted a parade of celebrities from the Beatles to Led Zeppelin and Richard Nixon.The county sold the vacant building in 2017 to Farmers Branch-based Centurion American Development Group whichBut following permitting delays and the COVID-19 pandemic, plans to redevelop the property stalled.The Cabana Hotel is one of the last large vacant buildings in Dallas’ downtown area that haven’t been repurposed or replaced with newer structures.
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