In January 2017, the TREC Foundation Board determined that future funding for the TREC Foundation would shift to a hybrid approach of funding high-impact projects in specific geographies that drive to specific outcomes.
Key components of the grant criteria were:
- Having an existing or planned effort in a specific geographic area within the limits of the City of Dallas
- Have specific project(s) relative to those solutions
- Have collaborative partners already identified
- Have measurable and reportable outcomes and impacts
- Funding over a three-year period
- Opportunity for TREC members to engage in volunteer or professional services opportunities
The total financial commitment is $1 million over three years, beginning in 2018.
TREC members selected the Forest Theater Project in South Dallas/Fair Park. As residents have gradually moved out of the South Dallas/Fair Park neighborhood, the area has been largely neglected, resulting in a state of physical disrepair as well as a spike in poverty, crime, homelessness and blight. The current state of the commercial and residential structures in South Dallas/Fair Park do not reflect the community’s values, culture or rich history, and residents deserve facilities and amenities that encourage a better quality of life for all. St. Philip’s School and Community Center, CitySquare and Cornerstone Baptist Church have proposed to revitalize the iconic Forest Theater and a 12,000 square-foot retail space on Martin Luther King Jr. Boulevard, install more aesthetically-pleasing landscaping and improved lighting and create an innovative communal space using the canopy of the I-45 bridge. Each of these structures proposed in the project is located within a 1,050-foot radius and together create a triangular landscape that will foster a new chapter of art, retail and communal space in South Dallas/Fair Park’s history.