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Corners of C/Re-CS 920511 May 11, 1992 '! L'2': Mr. Gary Sieb I Director of Planning and Community Services CITY OF COPPELL P.O. Box 478 Coppell, Tx. 75019 Re: Corners of Coppell/Pecan Tree Plaza Dear Mr. Sieb: Per our conversation this morning I am writing this letter to summarize our conversation concerning the replat of the above mentioned property. It is the intent of the Owner of the property, Blue Chip Properties, to replat the property for the purpose of giving the Owner the flexibility to sell portions of the center to individual buyers. After exhaustive retail viability studies of the site the Owner has concluded the site is more suitable to a high tech office park use and is aggressively pursuing this type of user. The following represent the observations I offered this morning: 1. Under current zoning, this type of use, (office) can be qualified as upzoning where the use will require even less parking than that of retail. 2. Furthermore, each individual lot will contain sufficient parking for that lot. There will however, be the need for simple cross access agreements for internal circulation. However, this is not unusual and is quite common in developments where properties abut one another and internal circulation crosses between properties. 3. Additionally, under current zoning the zoning allows zero yard setbacks within the total project. Under this provision, if users purchased individual tracts, the Owner would be compelled to install area separation walls along the property lines to satisfy provisions of the Uniform Building Code for area separation requirements. The Owner is quite amendable to making these modifications if and when a user is intending to occupy the building as a function of a sale of the individual parcel. I think it is important to note, Blue Chip Properties is currently spending funds to correct deficiencies in the current fire protection system within the project. Additionally, they are preparing to launch a significant advertising campaign to increase the market visibility of the project. Each of these actions signifies the Owner's desire to convert an empty shell sitting on the outskirts of Coppell for the last several years into a useful, functioning property which will in turn generate much needed jobs and housing within Coppell and additional tax revenues for the City. I'-'.:',l'.-z'.- !'. '.:.'.t ~ l:' '.' R! '. i' '-, -',',i~,R -i :.;- _':.l. '' !?ii(~'. .I-' -.'_'~ .-:',' Page - 2 As the original Architect for the project we are also excited about the possibility of one of our projects becoming revitalized and utilized. The project is far too attractive to remain a "see through" building. If you have any questions or ifI can be of any further assistance, please do not hesitate to call. Sincerely, Stephen C. Hundley AIA President cc: Arthur Walker