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Gateway BP(1.1)-AG 900410 (2) .--_~~~ ......... ~. N/A - . ...,.'--- CITY OF ¢OPPELL PLAN~ING DEPARTMENT STAFF REPORT P & Z HEARING DATE: March 15, 1990 LOCATION: Vicinity of Beltline, Southwestern and Royal Lane REQUEST: Amendment of the Master Thoroughfare Plan APPLICANT: Santa Fe Pacific Prentiss Properties Thompson Interest 5429 LBJ Freeway 1509 LBJ Freeway 8333 Douglas Suite #600 Dallas, TX. 75234 Dallas, TX. 75225 Dallas, TX. 75240-2609 HISTORY: Please see attached THOROUGHFARE AMENDMENT report. ITEM 5 AMEI~STF TI'IOROU~IF,~E ,~-'I~I~I~T (March 15, 1990, Planning & Zoning Commission Hearing) BACKGROUND: The attached letter was delivered to me on December 27, 1989, requesting consideration to amend the Master Thoroughfare Plan. As you will note, the letter was signed by Thompson Interests, Prentiss Properties and Santa Fe Pacific. Each of these property owners control land directly affected by the size of the public thoroughfare which runs through their respective property. Because of a pending Barton-Aschman thoroughfare study, I suggested that this request be held until recommendations by the consultant were firmed up. Although Barton-Aschman is not yet in position to finalize its report, substantial progress has been made which prompts the applicants to ask for consideration of this thoroughfare amendment at the March 15 Planning Commission meeting. CURRENT PLAN: As depicted by the Thoroughfare Plan, one roadway under consideration for amendment, and commonly known as Southwestern Drive/Gateway Boulevard, is currently proposed to be a six-lane divided thoroughfare. The 1987 adopted Comprehensive Plan recommends a six-lane divided road built within 110 feet of right-of-way with three 11 foot lanes (33 feet) separated by a seventeen foot landscaped median, and an additional 33 foot pavement width. The approved Plan recommended a six-lane divided thoroughfare and was projected to extend from its intersection with Royal Lane on the west across Coppell to the city limits line on the east. Beyond our eastern boundary, Beltline Road continues through Carrollton/Farmers Branch and Dallas as a six-lane divided roadway. Beltline is currently being constructed as a six-lane divided highway from MacArthur Boulevard to our eastern city limits. It is projected to extend west from MacArthur Boulevard to Denton Tap as a six-lane divided thoroughfare, where it then progresses south to I.H. 635 as a six-lane divided roadway, which is currently in place. The other proposed amendment is a re-alignment of Cotton Road west of Freeport Parkway, and the deletion of Southwestern Drive west of Freeport. Staff has reviewed this request and has no objection to realigning Cotton Road, deleting Southwestern west of Freeport Parkway. We have additional comments regarding Southwestern/Gateway. These comments appear below. - i - REASON BEHIND REQDEST: Late last year Prentiss Properties approached the Planning Commission with a request to amend the Thoroughfare Plan as it relates to alignment. Prentiss' objective was to move the six-lane divided roadway from the interior of the property to its northern boundary. In undertaking that task, the consultant Prentiss hired to justify the relocation (DeShazo, Starek & Tang), suggested that not only could the road be relocated without adversely affecting the flow of traffic, but the thoroughfare could be reduced in size from six lanes to four, based on projected future traffic demands. The above mentioned letter asking for thoroughfare amendment consideration was precipitated by that study. Within the last few weeks, Barton-Aschman has developed some preliminary recommendations which address the width of Southwestern/Gateway. As understood by the thoroughfare amendment petitioner, Barton-Aschman's analysis suggests that Southwestern/Gateway might be reduced to a four-lane divided thoroughfare through the Prentiss property, reduced to a four-lane undivided thoroughfare through Santa Fe's property, and not affect the carrying capacity nor demand on this thoroughfare to at least the year 2010. Although the conclusions reached by our consultant are tentative at best (and Barton-Aschman is the first to point that out), two of the three thoroughfare amendment petitioners have subdivision plats which are being considered at the March 15 Planning Commission hearing, and would like to see the road reduced in width. Prentiss Properties has a final plat being considered which actually dedicates 110 feet of R.O.W. to accommodate either a four or six lane divided thoroughfare. If the Planning Commission approves this plat, and subsequently revises the thoroughfare plan to require only a four-lane divided street through the property, the 110 foot R.O.W. could be replatted to 85-90 feet, and the developer would construct the four-lane divided roadway. Because the submission shows a 110 foot dedicated R.O.W., action by the Planning Commission to amend the current Thoroughfare Plan at the March 15 hearing is not critical to Prentiss. The Santa Fe request is a different matter. This applicant has taken the tentative recommendations of our consultant at face value and requests a preliminary plat approval showing 65 feet of street dedication where, today, 110 feet of width is required to conform to the approved Thoroughfare Plan. If Commission elects to not recommend approval of a Thoroughfare Plan amendment at the hearing, this preliminary plat will necessitate a denial recommendation. The applicant is fully aware of this possibility, and has elected to 'roll the dice" on this request. If, on the other hand, Commission recommends an amendment to the Thoroughfare Plan, this plat could be approved as submitted, although staff would recommend dedication of 70 feet of R.O.W. -2- STAFF ANALYSIS: Staff is attempting to address the ti~e concerns of these applicants' requests for amendment to the Thoroughfare Plan, and this is the major reason we are submitting this amendment to you now. There are, however, several points which need to be considered at this time. Among them: · the conclusions of our consultant have not been finalized the conclusions are based on extended 2010 traffic volumes · the consultant's analysis is based on a thoroughfare system which shows Sandy Lake Road as six-lane, Bethel Road as six-lane, which may or may not occur the traffic generation figures project an approximate 80% build out on currently vacant land any action taken by Commission must be approved by Council before a development can occur - we can not guarantee that Council will follow any definitive recommendation of Commission One final staff comment. City staff has been diligently working with these developers for over three months· Our collective goal - both the developer and staff - has been to bring these developments on line as soon as possible. To that end staff has attempted to accommodate all requests for meetings, clarification of issues, interpretation of regulations, and any other issues which have been brought to our attention. We continue to maintain that attitude and pledge to assist in bringing these development issues to a speedy conclusion, predicated on Planning Commission recommendat ions. PLANNING COMMISSION ACTION On March 15, 1§90, the Planning Commission voted to recommend re-alignment of Cotton Road west of Freeport Parkway, deletion of Southwestern as it extends west of Freeport. In addition, by that same vote (4-2), the Commission recommends to Council that Southwestern/Gateway be downgraded to a four-lane divided thoroughfare, containing a minimum 90 feet of R.O.W. from Denton Tap/Beltline to Royal Lane. -3- December 15, 1989 Mr. Gary L. Sieb, A.I.C.P. Director of Planning and Community Services The City of Coppell P. O. Box 478 Coppell, Texas 75019 RE: Revision to Major Thoroughfare Plan Gateway Boulevard/Southwestern Drive/Cotton Road Dear Mr. Sieb: By this letter, the below named Coppell landowners formally request adjustment in sizing of that future roadway now known as Gateway Boulevard, running from Royal Lane (Parkway Boulevard) on the west to Belt Line Road (Denton Tap/Main Street) on the east. In conjunction with the requested adjustment in sizing of Gateway Boulevard, we request realignment of Cotton Road, west of Freeport Parkway, and elimination of Southwestern Drive, west of Freeport Parkway. We acknowledge and support a current request submitted to the City of Coppell, by Prentiss Properties Limited, Inc., to realign Gateway Boulevard from Freeport Parkway, on the west, to Beltllne Road (Denton lap/Main Street), on the east, northward to partially align with the present Southwestern Drive. Our joint request to adjust the sizing of Gateway Boulevard from the current P6D to a combination of C4U, from Royal Lane to Freeport Parkway, and C4D, from Freeport Parkway to Beltline Road, is based upon our separate and combined analysis of: 1. Current and future land use potential 2. Ultimate roadway traffic flow 3. Potential traffic hazard of current sizing Our request is supported by the Thoroughfare Alignment Study and Roadway Sizing Study, dated December 8, 1989, by De Shazo, Starek and Tang, Inc., previously submitted to your office. Gary L. Sieb ~ Page Two December 15, 1989 Our requested revisions are illustrated on the attached exhtblts. If you have any questions or request further Information, please contact Mr. Pat Acker with Albert H. Halff Associates at 739-0094. Thank you for your time and consideration. Sincerely, Thompson Interests Prentlss Properties Limited, Inc. William G."Thompson Michael R. Tucker ' Vice President Santa Fe~ac~t,F/~ealtyy~orptratton /. /.., ~T. Weldon Davis Vice President of Development TWD/trr Attachments .... .~l .l I _~, '. ll~:l.l .''~l . l~3~ --. :~ ~ ~. , l ....... liT__l/ '~~B' " ~ ' - _ v...-~e~. ~,~ ~:~*' ' ~ -'~ -' - ..~';z,.~~ ~ _..~- ~,7~~ ~ %~ _ - m(. - ~'~ ~ '0~-::. . :1:1.~i, .,,.,.l,,,.~ ,.~l~~~.._,, .  / ll C I T Y 0 F C 0 P P E L L ............................. Minutes of March lS , 1990 ~~4~~ PLANNING AND ZONING COMMISSION The Planning and Zoning Commission of the City of Coppell met in pre-session at 6:30 p.m. and in regular session at 7:30 p.m., on Thursday, March 15, 1990, in the Coppell Town Center, 255 Parkway Boulevard, Coppell, Texas 75019. The following members were present: Chairman Joe Munsch Commissioner Robert Green Commissioner Melvin Gross Commissioner George Redford Commissioner Robert Scott Commissioner Marsha Tunnell Commissioner Peyton Weaver was absent. Also present were Director of Planning and Community Services Gary L. Slab, P&Z Coordinator Taryon Bowman, Civil Engineer Shohre Danesh~and and Administrative Secretary Lends Glidewell. Chairman Munsch called the meeting to order and everyone was asked to stand while Commissioner Gross gave the invocation. Item 4: Approval of Minutes of February 15, 1990 Commissioner Scott moved to approve the minutes of February 15, 1990. Commissioner Redford seconded the motion; motion carried (6-0) with Chairman Munsch and Commissioners Green, Gross, Redford, Scott and Tunnel1 voting in favor of the motion. Item 5: Consideration of an amendment to the City of Coppell Thoroughfare Plan regarding Southwestern Drive/Gateway (proposed) Boulevard. Request is to downgrade plan from 6-lane divided to 4-lane divided/undivided thoroughfare, and R.O.W. from 110 feet to 90 feet or less. Director of Planning Gary L. Sieb introduced the item to the Commission. Mr. Sieb stated that this request co,es from three property owners: Prentis Properties, Santa Fe Realty and Thompson Properties, all located within this area. Mr. Sieb stated that the applicants request is to have the Thoroughfare Plan amended in two respects: 1) down graded from a six-lane divided to a four-lane divided from Denton Tap Road to Freeport Parkway. The right-of-way width with the four-lane divided would be 85-90 feet. 2) from Freeport Parkway to Royal Lane the request on the Santa Fe and Thompson portions is that it be down graded from a six-lane divided, requiring 110 feet, to a four-lane undivided, which would normally be a 75 foot right-of-way, however, staff is asking to have an 80 foot Minutes of March 15, 1990 Planning & Zoning Co~mission Page 2 right-of-way. In addition, the applicants request suggested realignment of Cotton Road, eliminating Southwestern, both west of Freeport Parkway. Staff has no objections to the realignment/deletion request. Mr. Sieb further stated that the Focus Group is studying all the thoroughfares west of Denton Tap Road. He then stated that K.R. Marshall of Barton-Aschman was at the meeting to answer any technical questions. In closing, Mr. Sieb stated that the outcome of this amendment will directly affect two of the plats to be considered later on the agenda. Civil Engineer Shohre Daneshmand stated that the Public Works Department is recommending the four-lane divided thoroughfare. Mr. K.R. Marshall of Barton-Aschman was present to represent this item before the Comission. Mr. Marshall started that they basically did a more detailed technical analysis of the traffic in the area, and have determined that a six-lane thoroughfare is not necessary in this area. Following discussion Commissioner Gross moved to ~mend the Thoroughfare Plan per the applicants request, and from a six-lane divided thoroughfare to a four-lane divided thoroughfare. Commissioner Tunnell seconded the motion: motion carried (4-2) with Chairman Munsch and Commissioners Gross, Redford and Tunnell voting in favor of the motion, and Commissioners Green and Scott voting against the motion. PUBLIC HEARINGS Item 6: Consider a zoning change, Case #ZC-524, from (R) Retail to (SF-9) Single Family-9, located at 316 W. Bethel Road, at the request of Julianna Otis. P&Z Coordinator Taryon Bowman introduced the item to the Commission. Ms. Bowmen stated that at the last Planning and Zoning meeting the Commission informed Mrs. Otis it would not be necessary for her to attend this meeting. She stated that this zoning change is being requested in order to allow the boarding of horses on the property. Ms. Bowman then stated that the Historic Committee had met, and this request doe~ fit in with their intentions for the area. Chairman Munsch opened the public hearing and asked for persons wishing to speak in opposition to this request. There were none. He then asked for persons wishing to speak in favor of the request. Again there were none. The public hearing was then declared closed. M~MO TO: Alan D. Ratliff, City Manager FROM: Ga~~b, Director of Planning & Conuaunity Services SUBJECT: THOROUGHFARE PLAN AMENDMENT - SOUTHWESTERN/GATEWAY (PROPOSED NAME CflANGH) - MEDIAN ISSUE DATE: April 4, 1990 Alan, you had asked me to review Mr. Davis' letter of March 28 and addressed to the Mayor (attached), regarding the median issue, collaborate with Public Works, and respond to the issues raised. Opening with a general con~nent, Coppell is at an exciting Juncture in its development, and needs to decide the kind of City it wishes to become. There is no question that economic development is important to the health of this connnunity, and our City ~elcomes that growth. Mr. Davis' co~ents relative to that issue are well taken. A complimentary element to proper cos~unity growth is the preservation, enhancement, recognition, and encourageaent of the physical order of the City - and a very important element of that objective is the aesthetic quality of our community. It has been historically sho~n that communities which place a high value on the physical quality of its growth benefit with expanded economic development opportunities. A major component of physical quality is, of course, the aesthetic contribution. It is my position (also Public Works, incidentally), that a divided, landscaped median which enhances the physical attractiveness of this community far outweighs any perceived liabilities outlined in Mr. Davis' correspondence. With regard to the specific issues raised in Mr. Davis' correspondence, I direct your attention to the attached ~e_-~o from Public Works and the comments contained therein. In summary, City staff recognizes the issues raised in the correspondence, feels the concerns expressed regarding maintenance problems, cost factors, and physical deterioration are exaggerated, and strongly encourages Council to support a solid, aesthetic program throughout the community. To that end, staff supports a four-lane divided thoroughfare with landscaped median through this property identical to that already agreed to on the identically zoned property to the inmediate east. If you need additional comments relative to this issue, or if points made here need elaboration/clarification, please notify me at your convenience. GLS/lsg Attacha~nt G~A~O COPP~tJ. PUBLIC WORES ii': - .................. April ~ 1~0 ~ 1,~ ...... TO: Gary L. Sieb, Director of Planning & C~.~ity Services FROM: Steven G. Goram, Director of Public Wo~' RE: Thoroughfare Plan - Gateway Boulevard; Letter to Mayor Staff has reviewed the letter submitted from T. Weldon Davis dated March 28, 1990 referencing Gateway Boulevard. In response to a comment made concerning median openings, left turn lanes can be modified to accommodate tractor trailer traffic. It is true that the median would restrict curb cuts and driveway placements along Gateway Boulevard because of the median opening requirement of the City of Coppell. However, there are also restrictions for driveway and curb cuts, separate from median opening restrictions, therefore total flexibility still could not be achieved. The Streetscape Plan for the City of Coppell is a guideline for landscaping/streetscape treatment. Staff would expect the median landscape to follow the guidelines identified under secondary image zones. The landscaping scheme would consist of Bradford Pear as the accent tree with Cedar Elm being the dominant tree of the landscaping. The economic factors outlined in the letter identified as cost to City (items 3, 4, 5, & 6) are considered subjective. Staff did not have the opportunity to review data used to determine these costs. In requiring a C4D on Gateway Boulevard from Freeport Parkway to Royal Lane a landscaped divided roadway from Denton Tap to Royal Lane would exist, further enhancing the area landscape/streetscape scheme; additionally, sufficient right-of-way would be available in the future if additional traffic capacity was needed. Mr. Davis is correct in that Barton-AschmanAssociates, the traffic consultant, obtained bythe City to review and recommend revisions to the Thoroughfare Plan has indicated a C4U would satisfy the future traffic demand in the area referenced. If you wish to discuss this matter, please advise. SGG/sm cc: Alan D. Ratliff, City Manager ill ~ _,_: ./j .. ~ ~.,~/~.~ :..~. .z~--/~ ~/~.~- ~.. !.~ :- / ..: ,'.~_ ~'~. ~ '7~: March 28, 1990 ~ (~ &~-'~. ~ . / ~ ,ono~b~ .~ ~o~ ~ ~z.';~ ~/~~' C~ty of Coppe11 P. O. Box 478 Coppell, Texas 75019 RE: Gateway Boulevard Dear ~ayor Nolle: On March 12, 1990, ~ ma~l~d to you a packag~ outlining th~ r~ason~ng behind our request that the City of Coppe11 amend the Thoroughfare Plan to allow Gateway Boulevard to be constructed as a C4U road from Royal Lane on the west to Freeport Parkway on the eas~. On ~arch 15, the Coppell Planning and Zoning Commission voted to amend the Thoroughfare Plan ~o require ~hat Gateway Boulevard be a C4D road w~th an oversized r~ght of way. Barton-Aschman Associates, Inc., the traffic consultant re~a~ned by the .... C~y to update the Coppell Hajor Thoroughfare Plan, reco~ended tha~ Gateway Boulevard b~ constructed as a C4D road from Belt L~n~ to Freeport Parkway, and as a C4U road from Freepor~ Parkway to Royal Lane. Although accepting the traffic flo~ recommendation of Barton-Aschman, the Planning and Zoning Commission sta~ed tha~ the requirement for an oversized C4D, rather than the r~commend~d C4U, for Gateway Boulevard from Freeport Parkway to Royal Lane, was based on their desire for ~ ~re heavily landscaped streetscape. N~ will be submitting our preliminary plat to the C~y Council r~quest~ng ~hat Gateway Boulevard b~ C4U from Freeport Parkway ~o Royal Lan~. Our continued concern ~s that forcing us ~o construct a d~vid~d thoroughfare, where one ~s not technically required, ~s ~xtr~m~ly detrimental to th~ successful and timely development of our industrial property. ]f we fa~l ~o at~rac~ ~enan~s ~o our park because of ~he ~raffic problem caused by ~he medians, the ultimate loser ~s the C~y of Coppe11 and Coppe11's residential tax payer. The re~son for our request for ~n undivided thoroughfare Js s~mple. To b~ most ~ff~ct~v~ ~n quickly attracting ~ndustr~al tenants to our park and to the City of Coppe11, we must be totally market driven. ~e cannot d~s~gn and attempt to develop buildings which adhere ~o th~ artificial Honorable Mark Wolfe March 28, 1990 Page Two restraints of median openings. We must have total flexibility in where we place curb cuts and driveways along Gateway Boulevard. Furthermore, industrial tractor trailer vehlcles simply cannot maneuver around medians, therefore they go over them. Requiring a median to enhance landscaping is not the most effective landscaping tool. The Coppell landscape/streetscape code is very lenient in requirements for median landscaping by developers. If allowed to install a C4U road with 65' R.O.W., as opposed to a C4D road with 90' R.O.W., Santa Fe Pacific Realty wtll commit to provide more extensive landscaping. Several economic factors should also be taken into consideration when considering the C4U-65' R.O.W. vs C4D-gO' R.O.W. 1. Delayed Development of Tax Base: Potential tax base created by industrial development of our Gateway Business Park Phase I is in excess of $147,000,000. Annual ad valorem property tax revenue to the City of Coppell, from this park, would exceed $828,000, assuming no tax increases; and annual ad valorem property tax revenue to Coppell ISD would exceed $1,3B3,000, also assuming no tax increases. Inventory tax revenue would be in addition to the quoted amounts. By requiring a medianed thoroughfare, the City is creating a ma~or obstacle to the timely development of our property; thereby drastically delaying the development of this valuable tax base. 2. Loss of Tax Base: The required R.O.W. for the recommended C4U road is 65'. The designated thoroughfare is a C4D road with a 90' R.O.W. This oversized roadway results in the loss to developer, and to the City, of 65,000 square feet of land and 41,000 square feet of developable building area. Based upon this lost tax base, the City loses annual tax revenue of $7,118.O0 and Coppell ISD loses annual tax revenue of $11,884.00. 3. Cost to City: Any additional median landscaping and sprinklering would have to be funded by the City at an approximate cost of $50,000.00 or $5,000/year amortized over ten years. 4. Cost to City: Medians are maintained by the City. Approximate annual cost of landscape and sprinkler maintenance, including replacement of truck damaged landscaping and sprinkler heads, is $16,750.00. Honorable Mark Wolfe March 28, 1990 Page Three 5. Cost to City: Medlans are maintained by the City. Approximate annual water bill for sprinkler Irrigation of median, including water loss caused by sprinkler heads broken by trucks is $4,500.00. 6. Cost to City: Irrigation of medians means additional water penetrating under concrete roadway causlng damage and failure of roads. Approximate annual cost to repair and replace roads, based upon a ten year cycle, is $11,200.00. The costs quoted in items 2 - 6 above are calculated on the approximate 2,600 linear feet of Gateway Boulevard running through Gateway Business Park. Combining lost tax revenue and potential costs to the City, the requirement to provide a C4D road with 90' R.O.W., as opposed to a C4U road with a 65' R.O.W., will cost the City approximately $44,568.00 annually. This equates to an annual cost to the City, per mile of roadway, of in excess of $90,000.00. Through prudent review of the factors involved, I think you will agree that the proper decision for the City and citizens of Coppell is to size Gateway Boulevard as a C4U road with a 65' R.O.W. Another factor discussed in the Planning and Zoning Commission meeting was restricting the Gateway-Royal interchange to block certain turns. This is further detrimental to the development of both the property owned by Santa Fe Pacific Realty and the property owned by Thompson Interests, therefore it is detrimental to the development of tax base for the City of Coppell. The four way interchange is already in place and is workable. The addition of traffic lights, as traffic volume dictates, will resolve any intersection problems. I will be contacting you to request an appointment to discuss Gateway Boulevard prior to the April 10th City Council meeting. Thank you for your time and consideration. Sincerely .,/ 'T. Heldon Davis Vice President of Development TWD/lsf Enclosures FOUR LANE UNDIVIDED ROADWAY VERSUS FOUR LANE DIVIDED ROADWAY GATEWAY BOULEVARD FROM ROYAL LANE TO FREEPORT BOULEVARD I. REASON FOR/AGAINST DIVIDED/UNDIVIDED ROADWAYS A. REASONS FOR UNDIVIDED ROADWAY 1. Unrestricted access for vehicles 2. Lower construction cost for developer 3. Lower maintenance cost for city 4. Recommended by clty's traffic consultant (exceeds all requirements for projected future traffic volume) 5. Better use of landscaping (subjective) B. REASONS FOR DIVIDED ROAOWAY 1. Landscaping (subjective) 2. Protected turning movement (detrimental to industrial use) 3. Higher traffic volume capacity (not needed) 4. Limited access (detrimental to industrial use) C. REASONS AGAINST DIVIDED ROADWAY 1. Restricted access turning in and out of driveway 2. Higher construction cost to developer 3. Higher maintenance cost to city 4. Restricts development of industrial property 5. Traffic hazard - median landscaping blocks vtston D. REASONS AGAINST UNDIVIDED ROADHAY H. COSTS TO CITYRELATED TO DIVIDED ROADWAY (ANNUAL) A. Lost ad valorem tax $ 7,118.00 B. Median landscaping & sprinklertng 5,000.00 C. Median landscape & maintenance 16,750.00 D. Medtan landscape irrigation 4,500.00 E. Paving repairs 11,200.00 Total $44,568.00 Plus ad valorem taxes deferred because of delayed development schedule. GATEWAY BUSINESS PARK ULTIMATE TAX BASF. YDEVELOPED VALUE PHASE 1-104ACRES DEVELOPED Basic Industrial - 52 Acres @ 50'/. Coverage @ $27.00 = $ 30,579,120 High End Industrial - 52 Acres @ 507. Coverage @ $35.00 = 39,639,600 PHASE H-90ACRES DEVELOPED R&O/Htgh Tech - 35 Acres @ 40% Coverage @ $45.00 = 27,442,800 Office/Hotel - 55 Acres @ 35% Coverage @ $60.00 = 50,311,800 TOTAL DEVELOPED VALUE (3,713,490 SQ. FT.): $147,973,320 DEVELOPED VALUE TAX BASE: $147,973,320 DEVELOPED VALUE TAX REVENUE TO CITY: $147,973,320 - lO0 x $.56 = $ 828,650 x lO years 10 YEAR TAX REVENUE TO CITY: $ 8,286,500 (ASSUMING NO TAX INCREASES) DEVELOPED VALUE TAX REVENUE TO ISD: $147,973,320 - 100 x $.935 = $ 1,383,550 x l0 Years 10 YEAR TAX REVENUE TO ISD: $ 13,835,500 (ASSUMING NO TAX INCREASES) GATEWAY BUSINESS PARK GATEWAY BOULEVARD SFPR FRONTAGE ALONG GATEWAY BOULEVARD IS 2,600' RECOMMENDED GATEWAY BOULEVARD - C4D Road DESIGNATED R.O.W. FOR RECOMMENDED C4D: 90' R.O.W. REQUIRED FOR C4U: 6~' DEVELOPABLE LAND LOST: 25' (REQUIRED R.O.W. FOR C4D IS 80') POTENTIAL TAX BASE LOST TO CITY AND ISD BECAUSE OF ADDITIONAL UNDEVELOPABLE R.O.W.: Building Area = 3,250 L.F. x 12.5' 41,000 SQ. FT. Building Value = 50% @ $27.00/50~ @ $35.00 $31.00 Taxable Value of Undevelopable Area = $ 1,271,000 CITY TAX LOST DUE TO UNDEVELOPABLE AREA: $1,271,000 - 100 x $.56 = $ 7,118/YR x lO Years 10 YEAR TAX LOSS TO CITY: $ ? 1,180 (ASSUMING NO TAX INCREASES) ISD TAX COST DUE TO UNDEVELOPABLE AREA: $1,271,000- 100 x $.935 = $ 11,884/YR x 10 Years 10 YEAR TAX LOSS TO ISD: $ 118,840 (ASSUMING NO TAX INCREASES) ° .NCREASED ACCESS FLEXIBILITY WITH N"'"IEDIAN IN GATEWAY BLVD. WILL MAKE GATEW"-~USINESS PARK SIGNIFICANTLY MORE · . 'AT. TRACTIVE TO LARGE CORPORATIONS . ,CH CAN ADD TO THE FINANCIAL SOUNDNESS COPPELL. AND INCREASE ITS ATTRaCtiVENESS OVER OTHER CITIES' INDUSTRIAL PARKS. Maximum flexibility of entrances Any size boilding type can ~ I~1 ~S do not ~ve and drives al~w major ~ndustr~s ~com~t~. ~tm~ ddv~ ~t ~ and corporations to con.der ~te z ....... r · - .... ~- ~ I~ib~ ~ ~n~ ...... . .-.; . . ' ~ :~ I ~ ~c. ~.:~~ ,, ~ -. .......... .... · : ......... ................................ .... ', ', liJ~~ Treks coming from ~t. / _: "~,"~,. ~ --.. --:=, ~ dirKtions ~ve llexibili~ to turn :g ................ " -- into entries from eider li~ of G~iy. ' .................... OATE~AY BLVD.- UNDIVIDED MAXi~U~ ,ACCESS FLEXIBILITY No median I)reak po$$il~le Placement of median breaks to I \ \ meet the raquirementsof ~ ~ _~ .~ .................. . ~.~- . ~ ~ : - __=_. .......... ~ ............ - ~, ~ ~ ,~ · , . / - ;. OPTION A MEDIAN BREAKS TO MATCH DESIRED DRIVE LOCATIONS / 420' Minimum / Median length . ~ Potential conflict pot~ls it u~rs _~ ......... -'' / requ;re specific s~ze bu~l~[nqs. _ ..................... ~ .............................. i : / ; il ~ ~ ..:..'. · .'.' '"? ..... - .... ~'" ' _.- ~1_ I ' (;.-~['E~AY BLVD. - DIVIDED OPTION B MAXIMUM NUMBER OF MEDIAN BREAKS [.[ M IT UD ACCESS F LEX ! Bi L[TY GATEWAY BUSINESS PA.EK DRAFT - April 10, 1990 PLAT CONDITIONS FOR PARK WEST COMMERCE CENTER, FINAL PLAT 1. Final construction plans and profiles for sewer, water and storm sewers, shall be submitted and approved by July 10, 1990. 2. Covenants and restrictions shall be executed by the owners by May 10, 1990. 3. The development shall comply with the Floodplain Management Ordinance. Hydraulic studies must be submitted and approved by July 10, 1990. 4. The 12" sanitary sewer out-fall is almost at capacity and the installation of additional piping (capacity) will be required. The developer may be required to participate in the costs of such improvement in accordance with city ordinances. 5. A minimum of 20 foot utility easements are required except 10 foot easements may be provided at locations to be approved by staff. 6. A note shall be placed on the final plat stating that ... "all applicable development fees must be paid as each lot develops ...". 7. PHASING: a. Construction Plans: Construction plans for the infrastructure of the entire 328 acre development will be provided within ninety (90) days of approval of the final plat by City Council. Providing drawings for the entire development assures the City that the infrastructure will be constructed in accordance with a master plan. Any significant deviations from the master plan will require complete review of the entire 328 acre development. b. Construction of Infrastructure: Utilities and roadways will be constructed when needed to support development of any new lot. Construction permits must be obtained from the Public Works Department for such infrastructure improvements and a letter of final acceptance of infrastructure is required before a building permit can be issued. However, if in the opinion of the Director of Public Works it is warranted, the Director may recommend to the Building Inspection Department that a temporary building permit be issued with the understanding that the final letter of acceptance will be procurred within a reasonable time. Prior to construction, the builder must obtain a building permit. Before a structure is occupied, a certificate of occupancy must be obtained. Any requirements for infrastructure or building development in effect at ~he time of construction must be followed unless otherwise addressed in these conditions. During the replatting phase, the infrastructure needs will be assessed. Obtaining a building permit will trigger the construction of any additional infrastructure necessary. Finally, the additional infrastructure needed for the construction of buildings on any replatted lot will need to be fully installed prior to the issuance of a certificate of occupancy for that lot. c. Construction Permit Fees: The City currently requires that 100% of the of the filing fee for the final plat be escrowed prior to approval of the final plat (the "inspection fee"). Additionally, the Subdivision Ordinance requires the Developer to escrow an amount equal to 1.5% of the cost of items to be constructed for dedication to the City (the "Construction Permit Fee"). A variance to Section XVI, Paragraph E of the Subdivision Ordinance is hereby granted to allow the Developer to (i) pay inspection fees prior to the approval of final replats in amounts equal to 100% of the filing fee for each respective replat; and (ii) pay the construction permit fees prior to obtaining construction permits for improvements necessary for each replat in amounts equal to 1.5% of the items to be constructed for dedication to the City necessary for each respective replat. d. Southwestern Drive: Southwestern Drive shall be constructed as a four lane divided thoroughfare. Construction of Southwestern Drive shall be deferred until such time that traffic on Southwestern Drive exceeds 8000 trips per day or as determined by the City Engineer. - 8. SIDEWALKS: Sidewalks shall be provided along Belt Line Road in accordance with the City Subdivision Ordinance. Sidewalks for the remainder of the development will be installed by the property owners' association when deemed necessary by a majority of property owners, or the City. The covenants and restrictions shall be amended accordingly to require the property owners' association to construct the sidewalks when so advised. -2-