Economic Impact
According to a preliminary analysis conducted by UNT Dallas, the Park’s economic impact will be approximately $1 billion during its first five years, including:
$14 million in property tax revenue
$325 million in retail/restaurant sales
The areas adjacent to the deck park are some of the most impoverished in the country — many lacking basic resources like grocery stores, health clinics, and employment centers. This new, iconic Deck Park will support economic development, the environment, education, and community access.
Community First Plan
The deck park will attract economic investment on a scale similar to other landmark projects like Klyde Warren Park and the Margaret Hunt Hill Bridge. The foundation has is created a Community First Plan to ensure responsible growth.
Education
Six DISD schools are in a one-mile radius of the park. Out-of-school programming, a partnership with the Dallas Zoo, and additional curriculum that incorporates the Park's physical amenities will improve the area’s education metrics.
Environment
The Texas Trees Foundation released its Urban Heat Management Study in 2017 and noted the fact that Dallas is heating up faster than every city in the country except Phoenix. The study suggests tree planting and additional green space is needed to reverse these effects. The deck park will create more than five acres of brand new green space over a man-made concrete canyon.
Community Access
The North Central Texas Council of Governments (NCTCOG) has committed $9 million to engineering enhanced connectivity from the Park to the future high-speed rail station, the Trinity Strand Trail, and the Loop Trail. Projects include hike and bike trails, pedestrian-friendly bridges, and streetcar access.
