Shipley Do‑Nuts has inked a one‑unit franchise agreement with SouthFair Community Development Corporation to bring a Shipley shop to South Dallas, in what the company is calling its first nonprofit franchise deal. The neighborhood nonprofit will juggle an unusual triple role as landlord, tenant and franchisee. SouthFair says the shop will operate under the name Community Donut Corporation, led by Executive Director Annie Evans, and is planned inside the Malcolm’s Point retail project near Malcolm X Boulevard and Al Lipscomb Way.
As reported by the Dallas Business Journal, Shipley Do‑Nuts announced on Wednesday that it had signed the agreement with SouthFair Community Development Corp., describing the deal as a win for South Dallas and part of Shipley’s broader push to grow its franchise network.
Industry coverage and Shipley’s announcement say SouthFair will run the store through a new entity called Community Donut Corporation, with Annie Evans overseeing operations, according to Bake Magazine. The setup, which has SouthFair acting as landlord, tenant and franchisee, is being pitched as a way to route a portion of the storefront’s revenue back into neighborhood programs and small‑business space.
Malcolm’s Point Site And Public Funding
City filings describe the Malcolm’s Point Retail Project as a ground‑up, 4,859‑square‑foot building at 2807 Al Lipscomb Way with a roughly $2.3 million project budget and initial tenants that include SouthFair offices and Aunt Irene’s Kitchen, according to the City of Dallas. The packet also shows about $1.5 million in conditional city incentives tied to the project and details construction and disbursement milestones for grant payments and certificates of occupancy…