As part of the Dallas Catalyst Project (DCP), The Real Estate Council (TREC)—in partnership with St. Philip’s School & Community Center, Cornerstone Baptist Church, and CitySquare—began its work to revitalize parts of South Dallas and Fair Park in late 2017. Last week, the project hit a milestone with the We-Cycle Resource Center becoming one of the first new storefronts to open.
Operated by Bike Friendly South Dallas, a nonprofit dedicated to promoting bicycle safety and personal wellness, the We-Cycle Resource Center aims to help residents purchase, repair, and understand bicycles and cycling in the South Dallas area.
The center was made possible by TREC’s Associate Leadership Council (ALC). This selective, 10-month leadership development program for commercial real estate professionals gives participants the opportunity to attend educational programs, receive personalized coaching, and implement a community service project.
For the project, the ALC Class of 2019 coordinated and oversaw all efforts that went into the creation of the We-Cycle Resource Center. The TREC Foundation, which is currently celebrating its 25th anniversary, provided funding for the space renovation.
“It was a project that allowed us to focus our resources and time in a way that we thought would have a very, very big impact,” Peter Yates, project manager and ALC Class of 2019 member, said. “It’s truly a community center as much as anything else.”
As its latest success, the We-Cycle Resource Center serves as a reminder of how far the DCP has come.
Initially launched as a three-year investment of $1M in grants and pro bono professional services, the project has since grown to an investment of over $4M.
Along with the We-Cycle Resource Center, this expansion has included a $2M Legacy Project Grant from the Dallas Stars Foundation; the Young Guns Casino Night-funded renovation of an abandoned retail building; and additional improvements to the Dr. Martin Luther King Jr. Learning Center, a Dallas ISD school in the DCP area.
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