Real Estate Development

The Oak Cliff Community Investment Fund, LLC was formed to finance a planned mixed use development that will positively affect the lives of over 300 families and stimulate lasting wealth.

 

The development of this 63 acre planned community, located in the fast growing southern region of Dallas known as Oak Cliff, will include mixed income high quality housing as well as a wide range of amenities.

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Project Description

Oak Cliff Community Investment Fund (OCCIF) hired a leading Urban Planning and Architectural firm with expertise in  building community to provide a vision document for a new mixed-use development, called Parks @ Oak Cliff, located just minutes south of Downtown Dallas. The Parks at Oak Cliff will include:

  • Restaurant         

  • Boutique Hotel

  • Retail Center

  • Education Center

  • Cultural/Community/Recreation center

  • Health Clinic

  • Grocery Store

  • Community Garden

  • Green Space

What Does It Mean To Build A Community?

  • Housing - How do we want to live, as families and together?

  • Community Park and Recreational Facility with Pool - How do we play and come together outside?

  • Family Health Clinic - How do we take care of our bodies?

  • Boutique Hotel - Opportunities for work, and income for the community

  • Retail Spaces - Opportunities for work, and income for the community

  • School - How do our kids learn? How do we support their education?

  • Grocery Store With Attached Community Garden and Restaurant - How do we eat?

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Who We Are

Management Team

Joe Estelle, Founder, Oak Cliff Community Investment Fund

Joe Estelle

Senior Manager of Acquisitions

Joe Estelle serves as a Principal and Senior Manager of Oak Cliff Community Investment Fund, LLC (OCCIF). Mr. Estelle has enjoyed a career in the real estate and mortgage finance industry spanning over 20 years with a broad array of expertise in the acquisition and management of real estate assets. Mr. Estelle is responsible for the overall management of the fund and has senior approval of all operating decisions regarding the fund. Prior to serving as a primary principal with OCCIF, Mr. Estelle was principal partner with Goddard Surell, Inc. a Dallas based real estate investment firm. He also served as Managing Director of a mortgage lending firm which he founded in 2004.

 

Mr. Estelle is a licensed real estate agent in the State of Texas and is a Nationally Certified Financial Educator. He is a member of a number of business and civic organizations to include the Conference for New Urbanization, The Greater Dallas Planning Council and the Texas Organizing Project.

Allison Brim, Managing Partner, Oak Cliff Community Investment Fund

Allison Brim

Senior Manager of Community Affairs

Allison Brim serves as a Principal and Senior Manager of Oak Cliff Community Investment Fund, LLC. Ms. Brim, a native of Charlotte, NC, earned her BA from Duke University to which she received a prestigious full-tuition scholarship. After moving to Dallas, TX in 2005, she began her professional community organizing career. In 2009 Ms. Brim co-founded the Texas Organizing Project, a nonprofit organization fighting for racial and economic justice, where she currently serves as Organizing Director.

 

She has since worked with a team to grow the organization to a staff of 50 that has won $126 million in annual revenue for Dallas public schools, reformed the bail system in Harris County, and encouraged disengaged 1.6 million voters of color to cast their ballots. Ms. Brim partnered to found the Oak Cliff Community Investment Fund, where she brings her wealth of community and political organizing skills to realize the company’s vision of lessening the racial wealth gap by building the first of many planned mixed-use developments where families can live, work, and thrive economically through ownership of their homes and the communities themselves. 

Board of Advisors

James McGee, Board of Advisors, Oak Cliff Community Investment Fund

James McGee

James McGee is a transformational leader with vast experience in the banking industry. Mr. McGee has held positions with major financial institutions such as Citibank, Caliber Home Loans and Bank of America, as well as with a local Community Bank where he spent four years as a Senior Compliance Officer.

 

Throughout his career he has demonstrated a strong commitment to equitable investment in marginalized communities by serving on committees and Boards of organizations working toward this goal and leading community advocacy efforts toward this end. Mr. McGee was recently elected as President and Chair of the Southern Dallas Progress Community Development Corporation. A native Texan, James was raised in the southern sector of Dallas.

Akwete Tyehimba, Board of Advisors, Oak Cliff Community Investment Fund

Akwete Tyehimba

Akwete Tyehimba is the owner of the Pan-African Connection Bookstore and Resource Center, located in Dallas Texas.  The Pan-African Connection Bookstore and Resource Center was started in 1989, and was the vision of her late husband Bandele. Bandele and Akwete’s vision has manifested into one of the largest independent institutions of education and culture in the country. 

 

The Pan-African Connection is a community space which holds one of the largest collections of authentic African Art, Books on the Black /African experience, African Clothing, Jewelry, Shea Butter, and holistic health care products in the South. The community institution and resource center hosts lectures, children’s activities, classes and community events and has served as a small business incubator for hundreds of local minority entrepreneurs.  Among her many awards Ms. Tyehimba was named one of thirty of the most interesting people in Dallas by the Dallas Observer. She also received the Lifetime Achievement Award from the Dallas Peace and Justice Center. She and her late husband have three children, Adjwoa, Bambata and Sekou.

Daniel Parrish, Board of Advisors, Oak Cliff Community Investment Fund

Daniel Parrish is a Principal of Vizual Architecture, LLC. Mr. Parrish is a skilled architectural manager with 13 years of experience in commercial, residential, educational, recreational, retail, aviation, public housing, water treatment plants, and religious projects.

 

He received a Masters of Architecture from Hampton University in 2009. Mr. Parrish has extensive knowledge around partnering with local government entities to ensure the success of construction projects. He was raised in Oak Cliff and currently resides in southern Dallas County.

 

Daniel Parrish

OCCIF Team

Willie Briscoe, Legal Counsel, Oak Cliff Community Investment Fund

Willie Briscoe leads The Briscoe Law Firm’s Business/Securities and Personal Injury practice. For more than 17 years, Mr. Briscoe has dedicated his practice to both prosecuting and defending matters for small and emerging companies and individuals. Mr. Briscoe has extensive trial experience in both federal and state court. Over the past 13 years, Mr. Briscoe litigated a variety of complex civil matters resulting in recovery for his clients.


Mr. Briscoe also has extensive experience representing both emerging and large companies, and individuals before the Texas State Securities Board, FINRA and the United States Securities and Exchange Commission.

Willie Briscoe

Legal Counsel

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Jamie Bacahui is the Owner of Easy & Better Finances where she provides accounting and finance services to Small to Mid-Sized Organizations in Dallas, Texas and remotely. Ms. Bacahui built a career overseeing accounting and finance for construction and civil engineering firms for over 18 years before starting Easy & Better Finances.

 

Her skills are extensive in the areas of cash flow management and expense tracking, account management, financial statements and reports, and forecasting and projecting.

Jamie Bacahui

Accountant

Stephen Cato, Builder, Oak Cliff Community Investment Fund

As the founder and Managing Partner of Symone Construction Service, LLC, Stephen possesses 16 years of construction experience. He has successfully completed 200 plus projects. These projects have ranged from the development of a senior housing complex (featured in Texas Architect), the development of a resort style lake house lodge/hotel, to the construction of several single-family residences throughout the DFW metroplex. His attitude for excellence has been the foundation for the outstanding reputation Symone has built over the years, so much, the company is considered to be the premier contractor with at least three of its entities.

 

Throughout the years Stephen has partnered with municipalities, commercial & multi-family developers, property management companies, architects, CHDOs/ noneprofits and custom home owners, which has given him a great edge over other construction/general contractors.

Stephen Cato

Builder

Oak Cliff Community Investment Fund

Our Process

Research

 

  • Gather feedback from the Oak Cliff Community: Completed

    • Through discussions and meetings with a diverse group of community stakeholders, a well thought-out plan to create a Live/Work/Enjoy mixed use community was established. Conversations included business owners, community organizers, faith leaders, housing and education advocates, notable cultural figures, and more. Their ideas were incorporated into a plan dedicated to building community and generating attractive investor returns.

  • Program and Neighborhood Research: Ongoing

    • We will continually discover, research and collaborate with other communities in cities and neighborhoods across the country to establish and maintain a development dedicated to the needs of its residents and providing wealth building opportunities for its investors. Through this research, we have discovered precedents for the various program elements that will be replicated, as well as examples of problems we can avoid. Additionally, we will continue studying the needs, demographics, economic development, and local culture of this Dallas neighborhood.

Plan
 

  • Concept Sketches: Completed

    • We worked closely with the urban planning and architecture firm  to incorporate community stakeholder feedback into a bold and exciting new vision for development. The concepts may be seen throughout this website.

  • Neighborhood Design Vision: Ongoing

    • Incorporating the insights from our research, we have created an overall vision for what residences, buildings, and public spaces will be incorporated into the development. Once a project site is selected, this vision will be updated to reflect the specifics of the location. ​

Development

  • Neighborhood Development: Ongoing

    • We are currently creating a funding strategy utilizing both public and private sources. Our first phase of funding will fund the acquisition and entitlement of the development site

  • Gathering Funding and Investments: Currently in Progress

    • After funding is fully secured for the first phase, development will begin at our newly acquired site.

 

Community Development Strategy

Our entire strategy is backed up by thorough, inclusive research. Oak Cliff Community Investment Fund (OCCIF) has made every effort to ask community members from all segments of society what they want out of this development, and what it means to build a community. These findings, along with thorough planning and practical experience in both community organizing and real estate investment, ensure that the Parks at Oak Cliff development is sure to be a success.

The first phase of development, which we are currently engaged in, consists of land acquisition and entitlement. Once the permitting and zoning requirements are met, we will start the vertical process. The first step in going vertical will be to subdivide the land for the construction and sale of the single family residences. 

We will then build three model homes, one of which will serve as the sales office. The remaining single family residences will be built as a contract for sale is obtained on the units that are already constructed. The construction of the residential rental units, i.e. apartments, will begin midway through the process of dealing with the single family homes. 

The final commercial construction phases will consist of one retail strip anchored by the health care facility on one end and the grocery store on the other. The cultural center and hotel will be stand- alone facilities constructed in their own separate, subsequent phases.

For more information on investment opportunities, please contact OCCIF today. We’d be pleased to hear from you.

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