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OKAY.

[00:00:01]

ALL RIGHT.

WE'RE GONNA CALL THIS

[1. Call Meeting to Order]

WORK SESSION THE ASSET PLANNING ZONING COMMISSION ORDER.

IT IS TUESDAY, JANUARY 17TH, 2023.

I PRACTICED THAT LAST NIGHT.

UM, 8:00 AM TREEHOUSE, KEN, YOU

[1. Status update on recent Planning and Zoning Commission cases and planning policy items.]

GO.

WANNA GO AHEAD AND GIVE US AN UPDATE ON SOME RECENT CASES OR POLICY ITEMS, PLEASE? SURE.

SO ALL OF THE ITEMS THAT, UH, MOVE FORWARD, UH, FROM YOUR DECEMBER PLAN AND ZONE COMMISSION MEETING, UH, THAT WERE ON THE AGENDA FOR THE JANUARY COUNCIL MEETING, WERE APPROVED UNANIMOUSLY BY COUNCIL.

SO THAT, UH, INCLUDED THE, UH, NANDO'S PERRY PERRY CHICKEN, UH, RESTAURANT, SEP VILLAGE ON THE PARKWAY, UH, MODERN ANIMAL VETERINARY CLINIC, UH, IN PRESTONWOOD PLACE.

AND THEN THE, UH, OFFICE AND RETAIL BUILDING, UH, PROPOSED IN THE VICINITY OF WHOLE FOODS ON, IN VILLAGE ON THE PARKWAY WAS APPROVED AS WELL.

COOL.

GO.

WHEN I WAS DRIVING AROUND IN THE LAST COUPLE DAYS, LOOKING AT THE T O D STUFF, IT LOOKS LIKE BOWMAN'S BUILDING HAS BROKEN GROUND.

IT'S GOT A LITTLE PARKING STRUCTURE GOING.

YEP.

I MEAN, IS THAT STILL HIS OR DID HE SELL IT, OR WHAT'S THE SITUATION THAT THAT IS? THAT IS VERY MUCH HIS, AND IT'S UNDER CONSTRUCTION.

YOU'LL SEE A, A CRANE ERECTED THERE IN THE, THE NEXT COUPLE WEEKS, AND THEY'RE GONNA START GOING VERTICAL.

SO YOU'RE SEEING THE, THE FOUNDATION, UH, THAT PODIUM, UH, PARKING STRUCTURE THAT, UH, IS INTEGRATED INTO THE FOUNDATION OF THAT BUILDING.

OKAY.

VERY GOOD.

ALL RIGHT.

UH, DECEMBER 14TH, 2022

[2. Discussion regarding items on the agenda for the January 17, 2023 Planning and Zoning Commission Regular Meeting: December 14, 2022 Planning and Zoning Commission Meeting Minutes Appointment of Chair and Vice Chair for the Planning and Zoning Commission Development Plan Amendment request for Frost Bank (1871-Z/3820 Belt Line Road) Rezoning Request for Addison Circle Station - Phase 1 (1860-Z) Development Plan Approval request for Office & Parking Structure, Lots 1 and 5X, Block A, Addison Circle Station - Phase 1 (1872-Z) Development Plan Approval request for Retail Node, Lot 2, Block A, Addison Circle Station - Phase 1 (1873-Z) Development Plan Approval request for Multifamily Tower, Lot 3, Block A, Addison Circle Station - Phase 1 (1874-Z) Development Plan Approval Multifamily Midrise, Lot 1, Block B, Addison Circle Station - Phase 1 (1875-Z)]

MINUTES.

DOES EVERYONE A CHANCE TO REVIEW THOSE? ANY EDITS, COMMENTS, ANYTHING ELSE? OKAY.

WE WILL APPROVE THAT AS A CONSENT AGENDA.

AGENDA ITEM TONIGHT.

UM, HOPE SOMEBODY, JULIE OR NANCY WILL HAVE A MOTION TO APPROVE THE CONSENT AGENDA.

WE ALSO HAVE THE NOMINATION FOR CHAIR AND VICE CHAIR.

HAS ANYBODY CHANGED THEIR MIND AS TO WHETHER THEY WOULD OR WOULD NOT WANT TO RUN FOR CHAIR OR VICE CHAIR? I'M SORRY.

COMMENT ON THAT, CHRIS .

SO IF NOT, UH, I WOULD, I WOULD ASK THAT, UH, SO MANY FOLKS BE PREPARED TO NOMINATE CHAIR AND VICE CHAIR TONIGHT, AND WHY HAVE AN ELECTION FOR THAT.

AND THEN WE'LL GET INTO OUR REGULAR AGENDA ITEMS THIS EVENING.

AND THE FIRST ONE IS THE FROST BANK.

ANYTHING THERE, KEN, WE NEED TO KNOW ABOUT REAL QUICK, OR LESLIE, IS THAT YOURS? YES.

UH, OKAY.

THAT ITEM WILL BE, WE ARE ASKING YOU ALL TO TABLE THAT ITEM TO THE NEXT MEETING IN FEBRUARY.

UM, THEY SHOULD HAVE A COUPLE MORE THINGS THAT THEY NEED TO, WE NEED TO TWEAK ON THEIR PLANS BEFORE IT'S READY FOR YOU.

SO WE'RE GONNA POSTPONE THAT ON THEN.

YES, PLEASE.

SO THE SALAD PLACE IS GOING UP AND THE BANK'S GONNA BE RIGHT BEHIND IT.

IT'S GOING TO BE, UM, IMMEDIATELY TO THE EAST OF IT.

YEAH, RIGHT.

TO THE, IT WOULD, IT'S THE SAME SITE WHERE, UH, THE FORMER HUBING RESTAURANT IS.

SO, UM, THEY'RE PROPOSING TO DI THAT STRUCTURE AND REDEVELOP THE, THE EAST TWO THIRDS OF THE SITE.

OKAY.

ALL OF THE CURRENT STRUCTURE TAKE ALL OF CORRECT.

THEY COULDN'T USE THE EXISTING BACKS THERE HANDS TOO.

UH, NOT, THEY'RE PROPOSING A MUCH DIFFERENT, UM, AND THEY WANNA BUILD THEIR OWN DISTINCTIVENESS.

YEAH, I GET IT.

SMALLER.

THERE'S A GOOD REASON WHY THAT BANK IS, HAS BEEN VACANT FOR A WHILE, SO THEY WANNA PUT THEIR ARCHITECTURAL TOUCH ON THE PROPERTY.

SO THAT'S GONNA BE A QUICKIE.

THEN WE'RE JUST GONNA PUT A MOTION TO POSTPONE THAT.

YEP.

CAN WE HAVE IT TO CONSENT AGENDA POSTPONING IT.

CAN WE, SORRY, PUT IT ON THE CONSENT AGENDA.

THE QUESTION IS, CAN YOU PUT SOMETHING LIKE THAT? OKAY.

NO, BECAUSE IT HAS, IT WAS, HAS TO BE PUBLICLY NOTICED AND ALL THAT STUFF.

IT WAS NOTICED.

SO, UM, YEAH.

OKAY.

WE HAVE A PUBLIC NOTICE OR PUBLIC.

ALL RIGHT.

NOW WE'RE GONNA GET INTO THE WHOLE METER OF THE PROJECT, WHICH IS THE ADDISON CIRCLE ONE.

SO ARE WE GONNA GO THROUGH THESE INDIVIDUALLY OR ARE YOU GONNA PRESENT THEM AS ONE BIG PRESENTATION? WELL, THEY'RE ALL INDIVIDUAL ITEMS. THE, THE PRESENTATIONS WILL BE TAILORED.

THE, THE FIRST ONE WILL BE THE, THE MOST SUBSTANTIAL.

SO THAT WILL BE THE REZONING, UH, FOR ALL OF PHASE ONE, UH, WHICH WILL INCLUDE CONSIDERATION OF A CONCEPT PLAN, A MASTER STREET SCAPE PLAN AND DEVELOPMENT STANDARDS.

UH, ONCE YOU GET THROUGH THAT ITEM, UH, THEN IT'S INDIVIDUAL DEVELOPMENT PLANS FOR SEVERAL COMPONENTS OF THE PROJECT.

UH, SPECIFICALLY, UH, THE OFFICE BUILDING AND PARKING STRUCTURE, THE, UH, RESIDENTIAL TOWER, AND THE RESIDENTIAL, UH, THOSE WILL PRESENTATIONS WILL FOCUS A LITTLE MORE IN DETAIL ON THOSE ITEMS, BUT IT WON'T COVER THE, THE BROAD ASPECTS THAT WILL BE COVERED IN THE, THE RESELLING PRESENTATION.

ARE YOU DOING PRESENTATIONS NOW OR SHOULD WE JUST START ASKING QUESTIONS? UH, I'M HAPPY TO DO WHATEVER THE COMMISSION WOULD LIKE TO DO THIS MORNING.

I THINK WE, IF WE COULD JUST KIND OF QUICKLY, NOT DETAILED, BUT, UH, GO THROUGH THE BIG ONE.

1860.

OKAY.

UM, SURE.

THERE'S GONNA BE A LOT OF COMPONENTS FROM THAT THAT WILL FILTER DOWN INTO THE OTHER INDIVIDUALS.

SURE.

I THINK IT WOULD BE GOOD FOR ME TO, TO GIVE AN OVERVIEW OF THE CONCEPT PLAN AND THEN WE

[00:05:01]

CAN, WE CAN OPEN IT UP THERE FOR QUESTIONS BEFORE WE GET ONTO THE CURRENT, WHAT'S UP HERE.

I HAVE SOME QUESTIONS ABOUT THE HISTORICS ON THIS PROJECT.

SURE.

SO DO YOU HAVE ANY RECORDS OR SCHEMATICS OR DRAWINGS FROM WHAT ADDISON CIRCLE WAS ORIGINALLY DONE IN THE NINETIES AS TO LONG TERM PLANS OF IT? LIKE THESE PEOPLE COULD SEE THAT THIS HAS ALL BEEN PLANNED FOR DECADES AT THIS POINT? SO THIS PROPERTY WASN'T NECESSARILY PLANNED AT THAT TIME.

OKAY.

THERE WAS SOME VERY CONCEPTUAL PLANS DONE.

THE, THE TOWN AT ABOUT THE SAME TIME ADDISON CIRCLE, UH, WAS COMING TOGETHER, UH, ACQUIRED, UH, BOTH THE LAND FOR ADDISON CIRCLE PARK AND, AND, UH, THE 13 ACRES THAT WERE CONSIDERING VIA THIS REZONING QUEST.

UH, SO IT WAS ESSENTIALLY BAKING THAT LAND FOR FUTURE DEVELOPMENT OPPORTUNITIES LIKE THIS, GIVEN THAT IT WAS A ADJACENT PATTISON CIRCLE, ADDISON CIRCLE PARK, AND THE TRANSIT STATION.

UH, A MIXED USE DEVELOPMENT CERTAINLY WAS ENVISIONED HERE.

OKAY.

WHAT DOES CURRENT ZONING NOT GET THEM? BECAUSE YOU'VE GOT URBAN COMMERCIAL ZONING IN THERE, YOU'VE GOT OFF, WHAT IS IT NOT GETTING THEM OF WHY WE'RE HAVING TO GO THROUGH THIS? SO IT NEEDS A ZONING THAT ALLOWS FOR A, UM, CONSIDERATION OF A COHESIVE CONCEPTUAL PLAN AND, AND ESSENTIALLY A MASTER PLAN FOR THIS REDEVELOPMENT PROJECT.

THIS HAS A BUNCH OF SPLIT ZONING.

UM, SOME OF IT'S URBAN CENTER, SOME OF IT'S COMMERCIAL.

UM, THE COMMERCIAL DISTRICT DOES NOT PERMIT MULTI-FAMILY.

UM, SOME OF IT IS A VERY OLD PD THAT REALLY DOESN'T RELATE TO ANYTHING IN THIS AREA NOW.

SO, UH, IT NEEDS A PD TO FACILITATE THE, THE VISION THAT WAS ADOPTED WITH THE SPECIAL AREA STUDY.

AND THEN OF COURSE, UH, THE VISIONING THAT WAS DONE, UH, THROUGH THE MOU PROCESS THAT THE, THE TOWN RECENTLY WENT THROUGH.

AND MAYBE I DIDN'T PICK UP ON THAT.

ARE YOU GONNA STRESS THAT TONIGHT AS TO WHY? NOPE.

ABSOLUTELY.

WE'RE NOT TO GO THROUGH ALL OF THIS, CUZ THAT RIGHT AWAY, I MEAN, I DIDN'T SAY A LOT AND I WAS LIKE, WHY, WHY ARE WE CHANGING THIS? SO THE, THE ZONING WAS NEVER IN PLACE TO FACILITATE A, UH, DEVELOPMENT BECAUSE WE WERE WAITING ON A PROJECT TO COME FORWARD TO, TO HAVE ZONING TO IMPLEMENT THAT PROJECT.

SO WE COULD HAVE BEEN PROACTIVE AND JUST PROVIDED SOME BLANKET ZONING AND, AND THAT WOULD'VE BEEN FINE TOO CUZ IT WAS TOWN PROPERTY.

BUT TYPICALLY YOU WANT TO REZONE SOMETHING WHEN YOU HAVE AN ACTUAL PROJECT, UH, TO CONSIDER.

UH, THE, THE PD ZONING PROCESS, UH, REALLY BEST FACILITATES THAT.

OKAY.

AND DOES THE MEMORANDUM OF UNDERSTANDING OBLIGATES THE TOWN TO ANYTHING IN REGARDS TO THIS? IT IS, UH, STRICTLY A, UH, MEMORANDUM OF UNDERSTANDING, UH, IDENTIFYING A DESIRE BETWEEN THE TOWN AND THE CO-DEVELOPER TEAMS TO IMPLEMENT THIS PROJECT.

IT'S NOT, UH, A CONTRACT AT THIS POINT.

UH, WE DO HAVE TO GO THROUGH ADDITIONAL NEGOTIATION TO DEVELOP DEFINITIVE AGREEMENTS.

BUT WITH THAT BEING SAID, IT IS A, A STRONG POLICY POSITION BY THE ADDISON CITY COUNCIL, UH, BACKED UP BY A LOT OF OTHER POLICY ACTIONS AND LAND ACQUISITIONS THAT COMMUNICATE A STRONG DESIRE TO IMPLEMENT A MIXED USE DEVELOPMENT ON THIS PROPERTY.

CAN YOU, CAN YOU, UH, UM, JUST GIVE A LITTLE BIT OF EXPANSIVE THOUGHT ON THAT MEMORANDUM AND HOW IT AFFECTS WHAT OUR RESPONSIBILITIES ARE, UM, AT THE P AND Z LEVEL NOW SINCE THAT IS, THAT EXISTS? SO THE, THE MEMORANDUM DOES NOT DICTATE YOUR ACTIONS, UH, THE TOWN'S POLICIES.

DO YOU AND YOUR, YOUR TYPICAL DUTIES AS A PLANNING AND COMMISSIONER TO EVALUATE THE PROPOSAL BEFORE YOU? UH, CERTAINLY.

UH, IF, UH, WHAT'S PROPOSED WITH THIS REQUEST IS A MIXED USE DEVELOPMENT IN THE SPIRIT OF THE ADDISON CIRCLE SPECIAL AREA STUDY AT TIME OVER YOU, IT WOULD BE VERY ODD, UH, FOR US TO, TO COME BACK AND SAY THAT WHAT'S PROPOSED IS NOT APPROPRIATE.

UH, THEY'VE, THEY'VE MET THE INTENT OF BOTH.

UH, SO, UH, IT, IT DOESN'T MEAN YOU'RE A RUBBER STAMP, UH, OR ANYTHING OF, OF THAT NATURE.

YOU NEED TO DO YOUR JOB AND YOU NEED TO DO IT THOROUGHLY AS, AS OF COURSE WE, I KNOW YOU WILL DO.

BUT, UH, IT'S CERTAINLY SOMETHING THAT'S OUT THERE THAT SHOULD INDICATE THAT A MIXED USE DEVELOPMENT IS, UH, AN APPROPRIATE CONTEXT FOR THIS PROPERTY.

SO I HAVE ONE QUESTION FOLLOW UP WITH THAT.

SO OUR JOB IS NOT ANY DIFFERENT THAN IT IS ON ANY OTHER CASE THAT COMES BEFORE US, CORRECT.

ON THE MERITS OF WHAT'S PRESENTED, YES OR NO, NOT A DEBATE ABOUT WHETHER WE AGREE WITH THE IDEA OR NOT.

RIGHT.

OKAY.

OKAY.

SO WHEN, AT WHAT TIMEFRAME WAS THIS ERIC?

[00:10:01]

SPECIAL AREA DEVELOPMENT? THE SPECIAL AREA DONE.

CAN I ASK ONE QUESTION JUST TO FOLLOW REALLY QUICK? I'M SORRY.

SO I, I GET THAT THERE'S IS THE TWO-STEP PROCESSES, THE REQUEST AND THEN THE DEVELOPMENT PLAN APPROVAL, BUT YOU WILL TAKE INPUT ON, YOU KNOW, SETBACKS AND, UM, MATERIALS BEING USED AND HOW IT LOOKS, RIGHT.

I MEAN, THAT, THAT, THAT IS WHAT THIS MEETING IS FOR AS WELL.

RIGHT? SO THE YES, THE MEETING IS TO DISCUSS THE OVERALL REZONING AND THEN TO DISCUSS DEVELOPMENT PLANS FOR THREE SPECIFIC COMPONENTS.

SO IF YOU HAVE FEEDBACK ON, UH, THE, UH, STANDARDS AND THE WAY IN WHICH THE DEVELOPMENT IS PROPOSED TO BE IMPLEMENTED, ABSOLUTELY SHARE THAT.

UM, JUST THE, THE, THE CONTEXT OF THAT IS THIS IS A, A HIGHLY CONSTRAINED SITE.

SO, UH, THEY'RE THE, ONE OF THE, THE KEY THEMES OF BOTH THE SPECIAL AREA STUDY AT THE MOU WAS TO PUSH THE, THE DEVELOPMENT CAPACITY TO A POINT WHERE YOU'RE NOT JUST DOING THE, WHAT THE MARKET WILL PROVIDE, WHICH IS A FOUR TO FIVE STORY MULTI-FAMILY BUILDING AND, AND A LITTLE BIT OF OFFICE AND A LITTLE BIT OF RETAIL.

THERE'S THAT 13 STORY BUILDING IS ATTEMPTING TO GO ABOVE AND BEYOND WHAT THE MARKET WILL PROVIDE THE OFFICE, THE OTHER MULTI-FAMILY BUILDING.

SO WHEN I SAY THAT I'M SAYING IS IT'S REALLY A, UM, TIGHT, UH, SITE PHYSICALLY.

SO IT'S NOT GOING TO MOVING A SETBACK 10 FEET, 20 FEET CAN HAVE A VERY SIGNIFICANT IMPACT ON THE VIABILITY OF WHAT'S PROPOSED.

I UNDERSTOOD.

OKAY.

THANK YOU.

SORRY DENISE.

IT'S OKAY.

WELL, I WANTED TO CLARIFY.

SO THE FIRST VOTE WILL BE ON THE REZONING? YES.

AND THEN THE NEXT THREE ARE ON WHAT IF WE PASS IT? YES, IT'LL BE ON WHAT WE WOULD DO IN THREE SPOTS.

OKAY.

SO WHEN THE ORIGINAL AREA STUDY WAS DONE OR WHATEVER, WHEN WAS THAT AND HOW DOES THAT ALIGN WITH THE PLANS FOR THE LIGHT RAIL THAT WAS COMING THROUGH? UH, IT WAS DONE IN 2018, SO IT DEFINITELY WAS, UH, GEARED TOWARDS IMPLEMENTATION OF A MIXED USE PROJECT AT THIS LOCATION AND, AND OTHER PROPERTIES IN THE GENERAL AREA.

SO THAT, THAT STUDY, UH, COVERED TWO SUB AREAS, ONE UP AT AIRPORT PARKWAY AND EDISON ROAD, WHICH YOU'VE SEEN BEFORE.

AND THEN, UH, IT INCLUDES THIS AREA, BUT ALSO VACANT LAND TO THE EAST.

SO THE, THE VACANT PARCEL ON THE TOLLWAY, THE VACANT PARCEL IN FRONT OF THAT GIANT PARKING STRUCTURE, IT CONSIDERED THE EXISTING PROPERTIES, UH, ALONG BROADWAY THAT ARE NOT PART OF THE ZONING CONSIDERATION.

IT INCLUDED THE DARK PROPERTY.

UM, SO IT ACTUALLY ENCOMPASSED 29 ACRES WITH THAT SPECIAL AREA STUDY.

SO IT WAS, THE INTENTION FOR THIS SUB AREA WAS TO IMPLEMENT A TRANSIT ORIENTED DEVELOPMENT VISION, WHICH INCLUDED MY YES, IT, IT INCLUDED RESIDENTIAL.

THERE WAS LANGUAGE IN THAT PLAN THAT SAID OWNERSHIP IS PREFERRED.

OKAY.

AND WITH THAT, DO YOU, I KNOW IT PROCEEDS YOU BEING HERE, BUT DO YOU HAVE RECORDS TO SHOW IF THERE WAS A TON OF PUSHBACK, ARGUMENTS, COMPLAINTS, PEOPLE SENDING IN LETTERS OF DIS YOU KNOW, DISAPPROVAL OF THERE BEING A MULTI-COMPONENT IN HERE? I WOULDN'T SAY THERE WAS A TON, BUT WITH EVERY PROJECT THAT HAS, UM, URBAN HOUSING, WHETHER THAT BE RENTAL OR OWNERSHIP DENSE DEVELOPMENT, UH, THERE'S, THERE'S PUSHBACK.

AND, AND I'M SURE THERE WAS ON THIS CASE, THERE IS LANGUAGE OR THERE IS BACKGROUND IN THAT PLAN.

AND, AND, UH, JULIE, YOU WERE ACTUALLY ON THE COMMITTEE AND, AND SO IF YOU'D LIKE TO PROVIDE CONTEXT, UH, FEEL FREE TO JUMP IN.

WE MET A LOT AND THERE WAS A LOT OF BACK AND FORTHS ABOUT EVERYBODY ON THE COMMITTEE.

IT WAS A PRETTY BIG COMMITTEE.

I REMEMBER.

UM, THERE WAS A LOT ON ALL SIDES.

AND AFTER IT WAS, WE HAD TWO OR THREE OPTIONS AND WE MERGED A COUPLE OF 'EM.

AND, UM, SOME OF THE KEY POINTS THAT I REMEMBER THAT STOOD OUT, I DIDN'T REMEMBER.

I DON'T REMEMBER.

FIRST OFF, NOT MANY PEOPLE CAME YEAH.

TO WATCH US OR COMMENT OR ANYTHING IF THEY COMMENTED IT WAS AFTERWARDS.

UM, BUT THE THINGS IN THE COMMITTEE THAT CAME UP WERE, UM, WE WANTED THE PEOPLE ON THE COMING DOWN ON THE TRAIN TO BE ABLE TO SEE ADDISON'S CIRCLE IN THE EVENTS.

SO WE DIDN'T WANT THAT ALL BLOCKED.

AND I THINK THAT PARK HELPS.

WE TALKED ABOUT ORIENTING THE BUILDINGS LONG WAYS SO YOU COULD SEE THROUGH THEM, THINGS LIKE THAT.

WE ALSO WANTED, UM, THEY WERE TALKING ABOUT HAVING IT ALL.

ONE OF THE THINGS WAS ALL RESTAURANTS AROUND AND THE CONVERSATION WAS, WELL REALLY

[00:15:01]

WE WANT PEOP WE DON'T WANT PEOPLE TO JUST GET OFF THE TRAIN AND EAT AT THE TRAIN STOP AND LEAVE.

WE WANT THEM TO GO TO BELTLINE.

SO WE TALKED ABOUT A CIRCULAR, UH, YOU KNOW, TROLLEY OR SOMETHING DOING THAT.

AND, UH, THEY TALKED ABOUT APARTMENTS, BUT I, I WANNA SAY, I CAN GO LOOK BACK AT MY NOTES.

I WANNA SAY THAT THEY'RE, NOW, THIS IS PRE COVID, BUT THEY WANTED TO DO MORE OFFICE SPACE CUZ OF THE TOLLWAY.

AND THEY WERE JUST DOING SOME APARTMENTS BECAUSE THEY SAID THAT WAS THE AREA WITH APARTMENTS.

AND SO I DIDN'T REMEMBER, UH, MUCH PUSHBACK ON THE APARTMENTS AND ADDISON CIRCLE AS IT SITS TODAY FOR WHAT'S ALL THERE WITH THE CONDOMINIUMS. WHAT'S THEIR BREAKDOWN OF RENTAL TO OWNER RIGHT NOW? UH, IT'S PRIMARILY RENTAL.

I THINK THERE'S JUST THAT ONE CONDO.

YEAH, THERE'S A COUPLE OF THEM.

I DON'T, THERE'S THERE'S TWO.

THERE'S UH, A AND MERIDIAN SQUARE.

UM, BUT IT'S, IT'S MOSTLY RENTAL.

AND IS THERE ANYTHING ELSE ZONED OVER THERE FOR SINGLE FAMILY OWNERSHIP? IT BE IT CONDOMINIUM OR TOWN TOWNHOUSE? NO, IT'S, IT'S BUILT OUT AND WE WOULD, WE WOULD LOVE, SO THAT I, I THINK THE BIG TAKEAWAY HERE IS, IS WE HAVE ASPIRATIONAL VISIONS OF WHAT WE WANT AS IT RELATES TO HOUSING.

THE, THE CHALLENGES THE MARKET GETS A VOTE TO.

WE DID A, A COMPETITIVE PROCESS.

WE HAD FIVE DEVELOPERS BY MARKET.

WHAT ARE YOU TALKING, I WANT YOU TO CLARIFY THAT AS TO RIGHT.

RESIDENTS OR BUSINESSES RIGHT NOW? I'M, I'M ABOUT TO.

OKAY.

SO, UM, WE HAD FIVE DEVELOPERS SUBMIT, UH, CONSIDERATION OF BEING THE, THE MASTER DEVELOPER FOR THIS PROJECT.

NOT ONE INCLUDED, UH, OWNERSHIP HOUSING AS A PART OF THEIR DEVELOPMENT PROGRAM.

UM, IF THEY COULD MAKE MONEY FROM IT AND IT COULD BE A, UH, A DEVELOPMENT CONSIDERATION THAT, THAT, UH, DID NOT HAVE HIGH RISK, I'M SURE THEY WOULD DO THAT CUZ THAT WOULD'VE MADE THEM MORE COMPETITIVE FOR SELECTION FOR THE PROJECT.

THE CHALLENGE IS, IS LIKE MOST OTHER TRANSIT STATIONS IN THIS REGION AND IN TEXAS IS OWNERSHIP HOUSING IS, IS RARELY PROVIDED IN CLOSE PROXIMITY TO A RAIL STATION.

THAT'S, THAT'S JUST THE REALITY.

RENTAL HOUSING IS THE, THE DOMINANT HOUSING TYPE.

UM, SO THAT'S A FAIR QUESTION FOR TONIGHT TO THE DEVELOPER, WHY DIDN'T YOU INCLUDE GOING, UH, AND THE SENIORS HOUSING DEAL UP THE TOLL ROAD THAT ALREADY EXISTS ZONED, NOTHING'S GOING ON WITH IT.

CORRECT, CORRECT.

WE, WE, ANYONE WHO'S INTERESTED IN DEVELOPING HOUSING, WE, WE TELL THEM ABOUT THAT PROJECT AND IT'S AVAILABLE ZONING AND, AND THE, THE FEEDBACK WE GET CONSISTENTLY IS IT'S, UH, THE, IT'S TOO AGGRESSIVE FOR THAT LOCATION.

AND DOES THE SENIOR HOUSING GROUP OWN IT OR THE ORIGINAL PERSON? AND IT JUST GOT REZONED.

UH, IT JUST GOT REZONED, UM, UH, AS A CONTINGENCY.

SO, UH, THE, THE, THE OFFICE DEVELOPER THAT OWNS IT HAS MAINTAINS OWNERSHIP OF THAT.

THANK YOU.

WE HAVE HAD OWNERSHIP, SINGLE FAMILY OWNERSHIP DEVELOPERS PROPOSE PROJECTS AND THE IMMEDIATE VICINITY OF THIS PROJECT.

AND, UH, A A DEVELOPER WHOSE PRIMARY LINE OF BUSINESS IS DOING URBAN OWNERSHIP, SINGLE FAMILY.

AND THEY CAME HERE AND PROPOSED MULTI-FAMILY RENTAL.

IS CUSHMAN COMING TONIGHT? UH, NO, BUT WE DO HAVE PHYLLIS GERALD, UH, OUR, UH, YOU MAY, UH, RECOGNIZE HER.

UH, SHE PREVIOUSLY SERVED AS THE INTERIM DIRECTOR OF DEVELOPMENT SERVICES, BUT PHYLLIS, UH, HAS ALSO BEEN SUPPORTING US, UM, UH, FOR THIS PROJECT AS KIND OF THE LIAISON BETWEEN THE TOWN AND CUSHMAN AND WAKEFIELD.

SO SHE IS, UH, UH, HAS A LONG HISTORY WITH THIS PROJECT, UH, ONE THAT EVEN PREDATES ME.

SO, UH, SHE CAN PROVIDE SOME CONTEXT ON THIS AS WELL, IF YOU HAVE ANY QUESTIONS FOR PHYLLIS.

SO IN GENERAL, WHAT WAS THE RFP WHEN THEY ULTIMATELY PUT OUT TO THE DEVELOPERS? ANYTHING AND EVERYTHING FREE GAME OR HAD THEY ALREADY NARROWED DOWN THE TOPIC? YOU KNOW, IDEAS? THE CITY WENT THROUGH A PROCESS WITH CUSHMAN AND WAKEFIELD, UH, TO, UH, PUT FORTH THEIR, UH, DESIRES FOR THE PROPERTY.

AND IS, KEN MENTIONED, REALLY WANTED TO PUSH DEVELOPERS TO DO SOMETHING OTHER THAN YOUR STANDARD STICK MULTIFAMILY, BECAUSE HAD YOU NOT PUT CONSTRAINTS AND AND DESIRES ON, ON THE RFP, THAT'S PROBABLY WHAT WE WOULD'VE GOTTEN FOR THIS PROPERTY.

BUT WE SAID WE WANTED A MIX OF USES, NOT JUST MULTIFAMILY.

UH, WE WANTED TO PUSH THE DENSITIES.

UH, IN TERMS OF HEIGHT, UH, THE RFP SET A MINIMUM HEIGHT LIMIT OF SIX STORIES.

AGAIN, TRYING TO PUSH THINGS TO A HIGHER DENSITY TO, TO MAKE A,

[00:20:01]

ESSENTIALLY A DIFFERENT MARKET, UH, FOR THIS DEVELOPMENT THAN YOU TYPICALLY WOULD SEE.

SO THERE WERE NO, UH, NONE OF THE, UH, PROPOSALS, UH, SPECIFICALLY RELATED TO, UH, A DESIRE FOR OWNERSHIP.

WE, WE DIDN'T, WE LEFT THAT UP TO THE DEVELOPERS TO PROPOSE AS TO THE TYPE OF HOUSING.

UH, AND, UH, YOU KNOW, WHAT, UH, FORM IT WOULD BE IN.

UH, YOU KNOW, CERTAINLY DEVELOPERS CAN ALWAYS, UH, CONSIDER TO DO CONDOMINIUMS A LOT.

DON'T LIKE TO DO THOSE.

CAUSE THEY USUALLY END UP GETTING SUED BY THE, BY THE HOMEOWNERS, YOU KNOW, THE CONDO OWNERS JUST 10 YEARS.

YEAH.

SO I THINK THAT HAPPENED IN, IN ADDISON CIRCLE WITH THE, THE CONDOMINIUM DEVELOPMENT THERE.

SO, UH, IT, IT'S A, UH, A CHALLENGE FOR A LOT OF DEVELOPERS TO DO.

DO YOU GUYS UNDERSTAND WHY? WELL, 10 YEAR.

YEP.

NO, GO, GO THROUGH IT.

SO, UH, REALLY QUICK, A CONDO, FOUR SALE RENTAL TOWN OR WHATEVER, THEY HAVE A1 YEAR WARRANTY BASICALLY THAT THEY'RE REQUIRED TO ANYBODY.

SO LIKE A MULTI GUY, THAT'S WHY THEY'RE LIKE, NO, WE'RE OUT NOW AT A LATER DATE THEY CAN GO CONDUIT IT, ASSUMING THEY GET ALL THE APPROVALS.

AND THEN THAT AS LONG AS THAT 10 YEAR GAP, LIKE A LOT OF 'EM WILL PUT D DEBRIEF RESTRICTIONS IN THERE THAT THIS PROJECT CANNOT BE CONVERTED TO CONDOMINIUMS FOR LIKE, A1 YEAR BECAUSE THEY GET HOME FOR TOO MUCH LIABILITY.

THAT'S INTERESTING.

THAT'S, I THINK TEXAS SPECIFIC.

CAUSE I DON'T THINK IT'S THE SAME EVERYWHERE.

ONE QUICK QUESTION.

CAN WHAT'S IN THE PACKAGE? THERE'S A THING CALLED PERMITTED USES AND DEVELOPMENT STANDARDS.

WAS THAT PRESENTED TO THE DEVELOPERS FOR THEM TO DEVELOP THE RFP OR IS THIS AS A RESULT OF WHAT'S GOING ON RIGHT NOW? WHAT, WHAT IS THAT DOCUMENT? UH, SO THAT WOULD BE PART OF THE ZONING.

THAT TAKES IN CONSIDERATION THE, THE CONCEPTUAL PLANS, UH, THAT, UH, WOULD BE, UH, ACTED ON WITH THE REZONING.

SO THEY'RE INTENDED TO IMPLEMENT THAT, BUT THEY ALSO ALIGN WITH THE MEMOR MEMORANDUM OF UNDERSTANDING, WHICH DOES HAVE QUITE A FEW STIPULATIONS, UH, ADDRESSING QUALITY OF DEVELOPMENT, UH, FOR THIS PROJECT.

OKAY.

IN, IN THAT DOCUMENT THERE'S A THING CALLED MULTIFAMILY TOWER FORM STANDARDS NUMBER EIGHT MM-HMM.

.

AND IT SAYS THE MINIMUM BUILDING HEIGHT WILL BE 13 STORIES.

EVERYTHING ELSE I'VE SEEN, THE MINIMUM BUILDING HEIGHT IS SIX STORIES.

MM-HMM.

.

SO IS THAT A TYPO OR NO, BECAUSE THEY PROPOSE A 13 STORY BUILDING.

SO IT, IT'S IMPORTANT THAT, UH, WE HAVE A, A STANDARD IN THERE THAT HOLDS THEM TO THAT.

UM, IF THERE IS CONSIDERATION, UH, THAT THEY NEED TO REDUCE IT DUE TO A, UH, ISSUES WITH GETTING CLEARANCE FROM THE FAA, WHICH WE DON'T BELIEVE THERE WILL BE, BUT IF THAT WAS THE CASE, THERE'S FLEXIBILITY TO ALLOW FOR THAT.

BUT WE DON'T WANT A CONSIDERATION WHERE, UH, SOMETHING HAPPENS AND THEN THEY CAN AUTOMATICALLY JUST DROP IT DOWN TO 10 STORIES, EIGHT STORIES.

CUZ AS YOU RECALL, THE GOAL WITH THAT RFP WAS TO, TO GET BUILDINGS OF MORE SIGNIFICANT SCALE.

SO THIS IS PART OF THE MEMORANDUM OF UNDERSTANDING.

SO THEIR, UH, THE MEMORANDUM OF UNDERSTANDING DOES, UH, ACCOUNT FOR THE DEVELOPMENT QUANTITIES, THE MINIMUM DEVELOPMENT QUANTITIES THAT ALIGN WITH THE, THE ZONING.

SO THAT'S, THE ZONING IS NOT PART OF THE MEMORANDUM OF UNDERSTANDING, BUT THE INTENT WAS FOR THE DOCUMENTS TO ALIGN.

SO THIS ZONING ENTITLEMENT PROCESS IS ULTIMATELY HELPING US IMPLEMENT THE CONSIDERATIONS OF THAT MEMORANDUM OF UNDERSTANDING.

AND THEN THE SECOND PIECE OF THAT WILL BE THE, THE DEFINITIVE AGREEMENTS THAT REMAIN TO BE NEGOTIATED, UH, THAT FINALIZE EVERYTHING AND, AND ADDRESS THE FINANCIAL CONSIDERATIONS AS WELL.

OKAY.

SO THE, SO THE MINIMUM WAS SIX STORIES, BUT THERE WAS NO LIMITATION THAT'S ON WHAT IT COULD BE ON THE UPSIDE.

SO THERE ARE LIMITATIONS BASED ON WHERE YOU ARE IN THE STUDY AREA DUE TO THE AIRPORT.

RIGHT.

UM, WE, UH, WOULD CERTAINLY WANTED THEM TO PUSH THE ENVELOPE AS IT IT RELATES TO BUILDING UP.

ALL RIGHT.

LET'S GO THROUGH THE REZONING, GET THE HIGHLIGHTS.

WHAT ARE WE, WHAT ARE YOU ASKING US TO APPROVE TONIGHT? ALL RIGHT.

SO, UH, THE FIRST ITEM IS A REZONING REQUEST ONCE AGAIN TO CONSIDER A CONCEPT PLAN, DEVELOPMENT STANDARDS AND MASTER STREETSCAPE PLAN, UH, FOR A, UH, SEGMENT OF, UH, TOWNLAND THAT IS JUST OVER 13 ACRES.

UM, SO THE COMPONENTS OF THIS, UH, PROPOSAL INCLUDE, UH, AT PARKING STRUCTURE AT THE WESTERN EDGE OF THE SITE.

SO AT THE SOUTHEAST CORNER OF FESTIVAL WAY AND ADDISON ROAD PARKING STRUCTURE WOULD FRONT ADDISON ROAD.

AND THAT WOULD PROVIDE, UM, IMMEDIATE ACCESS TO PARKING ALLOWED FOR REALLY THE ESTABLISHMENT OF A, A PARK ONCE DISTRICT WHERE PEOPLE COME IN AND PARK AND THEN WALK TO, WHETHER THEY'RE WORKING AT THE ADJACENT OFFICE BUILDING OR GOING TO A RESTAURANT OR VISITING SOMEONE,

[00:25:01]

UH, THAT LIVES IN THE DISTRICT OR VISITING ADDISON CIRCLE PARK, THEY HAVE THE OPPORTUNITY TO DO SO.

UM, ADJACENT TO THAT PARKING STRUCTURE IS A SIX-STORY OFFICE BUILDING, UH, COMPRISING 160,000 SQUARE FEET OF OFFICE SPACE.

AND THEN, UH, AT LEAST 3,500 SQUARE FEET OF RETAIL SPACE, UH, AT THE GROUND FLOOR.

THAT PARKING STRUCTURE, UH, PROVIDES OVER 600 PARKING SPACES, UH, SOME OF WHICH WILL BE PUBLIC.

AND ULTIMATELY THE STRUCTURE WILL BE A PUBLIC STRUCTURE THAT IS COMPLETELY AVAILABLE TO THE PUBLIC, UH, AFTER WORK HOURS.

AND ON THE WEEKENDS, UH, TO THE EAST OF THE OFFICE NODE, UH, YOU'LL HAVE A, UM, UH, RETAIL, UH, RESTAURANT AND ENTERTAINMENT NODE.

UH, SO THAT IS REPRESENTED BY THE, UH, FREESTANDING BUILDINGS YOU SEE HERE.

UH, SO THAT REPRESENTS A, UH, REQUIREMENT TO ACHIEVE APPROXIMATELY 25,000 SQUARE FEET OF RETAIL SPACE.

UH, AND THEN ALSO PROVIDING SOME COMMON OPEN SPACE AREAS THAT ALLOW FOR ACTIVE PROGRAMMING AND, AND REALLY SERVE AS AMENITIES TO THAT RETAIL SPACE.

AND, UH, ALLOWS FOR A VISUAL CONNECTION, A PHYSICAL CONNECTION TO BOTH ADDISON CIRCLE PARK, AND THEN ALSO, UH, TO THE, UH, TRANSIT, FUTURE TRANSIT STATION AREA TO THE SOUTH.

AROUND THOSE FREESTANDING BUILDINGS, UH, YOU SEE A LOT OF SPECIALIZED PAVEMENT.

THOSE REPRESENT PEDESTRIAN ONLY AREAS, SO NO VEHICLES WOULD GO THROUGH THERE.

THAT ALLOWS FOR, UH, PEDESTRIAN, UH, PATHWAYS TO AND FROM THE TRANSIT STATION TO THIS DEVELOPMENT.

BUT THEN ALSO TO ADDISON CIRCLE PARK, THE LONG FESTIVAL WAY, UH, DIFFICULT TO SEE HERE, BUT YOU'LL SEE, SEE A LOT OF, UH, SPECIALIZED STREETSCAPE TREATMENTS.

UH, MOST NOTABLY AT THIS RETAIL ENTERTAINMENT NODE, THERE WOULD BE A CURBLESS SECTION OF THE STREET WHERE IT SERVES AS LIKE A FESTIVAL STREET THAT COULD BE CLOSED DOWN FOR SPECIAL EVENTS.

IT ALSO PROVIDES ENHANCED LANDSCAPING, UH, IN THAT IMMEDIATE VICINITY AS WELL.

UH, TO THE EAST, YOU HAVE THE FIRST RESIDENTIAL COMPONENT OF THE, UH, UH, PROPOSAL.

UH, THAT IS A 13 STORY TOWER, UH, COMPRISING 270, UH, RESIDE, MULTI-FAMILY RENTAL RESIDENTIAL UNITS, AND THEN ALSO 10,000 SQUARE FEET OF RETAIL SPACE AT THE GROUND FLOOR, UH, FRONTING, UH, FESTIVAL WAY.

AND THEN YOU'VE GOT AN AMENITY DECK, UH, ON TOP OF THE PARKING PODIUM, UH, ON THE SIXTH LEVEL, UH, TO THE EAST.

THE FINAL COMPONENT OF THE PROJECT, UH, COMPRISES A, UH, SEVEN STORY, UH, MID-RISE, UH, PODIUM, UH, MULTI-FAMILY RENTAL BUILDING, UH, WITH 5,000 SQUARE FEET OF GROUND FLOOR RETAIL AT THE INTERSECTION OF, UH, QUORUM DRIVE, UH, AND ARAPAHOE ROAD.

AND THEN YOU ALSO HAVE A REALIGNED SECTION OF SPECTRUM DRIVE, UH, THAT WILL PROVIDE FOR NEW STREETSCAPE AND THEN ABOUT A HALF ACRE PARK, UH, TO THE EAST OF THAT, UH, THAT WAS NECESSARY TO PROVIDE, UH, DEAL WITH SOME DIFFICULT DEVELOPMENT CHALLENGES RELATED TO SOME ODDLY SHAPED AND SMALLER PARCELS ON THAT AREA.

SO THIS CREATES A BLOCK THAT IS REALLY MORE CONSISTENT, UH, WITH ADDISON CIRCLE PARK, OR EXCUSE ME, THE ADDISON CIRCLE NEIGHBORHOOD.

UH, ONE THING I DID NOT NOTE EARLIER, UH, THERE IS A SMALL OUT PARCEL RIGHT HERE THAT IS VACANT IN TOWNLAND, UH, THAT IS ADJACENT TO THE FUTURE COTTON BELT TRAIL, WHICH WILL BE IMPLEMENTED, UH, CONCURRENT, UH, TO THIS PROJECT THAT WILL BE PROGRAMMED BY THE DEVELOPERS, UH, TO HAVE AN OUTDOOR FITNESS CORD TO PAVILION AND PERHAPS A PICKLEBALL CORD TO, TO SERVE AS A FITNESS AMENITY, UH, NOT ONLY FOR THIS DEVELOPMENT, BUT FOR THE GENERAL PUBLIC, OF COURSE.

CAN I HAVE A QUESTION? YES.

SO, UH, ARE THE 270 UNITS IN THAT 13 STORY BUILDING, IS THAT TYPICALLY MORE OR LESS THAN WHAT WE WOULD HAVE IN OTHER MULTI-FAMILY? SO THAT'S 20 PER FOUR, YOU KNOW, IF EVERYTHING WAS THE SAME, IS THAT ABOUT WHAT IT IS NORMALLY, OR NO, THIS IS, THIS IS MORE COMPACT.

TYPICALLY, WE WOULD HAVE A, A MUCH LARGER, UM, UH, BLOCK, UM, THIS DUE TO THE PHYSICAL CONSTRAINTS AND THE HEIGHT THEY'RE ABLE TO ACHIEVE, IT'S A MUCH SMALLER FOOTPRINT.

UM, SO IT HAS FEWER UNITS IN A TALLER BUILDING, UH, THAT, THAT CREATES A, A BIG RENT DIFFERENTIAL.

SO RENTS FOR THAT BUILDING WILL BE MUCH HIGHER THAN WHAT YOU ALREADY HAVE IN ADDISON CIRCLE.

AND THEN THAT'LL BE A LITTLE BIT HIGHER THAN THE MID RISE TO THE EAST.

HOW MUCH ACREAGE IS THAT THAT THE MULTIS BUILT ON? UH, 1.8 ACRES.

THANK YOU.

REMIND ME WHAT THIS IS GONNA BE.

THE TREE DEVELOPMENT IN TERMS OF HEIGHT AND UNITS.

SO THIS IS, THE TREEHOUSE

[00:30:01]

DEVELOPMENT IS ALMOST THE SAME SIZE AND ACREAGE, ROUGHLY THE SAME AS THIS PROJECT.

UH, SO THAT, UH, THE TREEHOUSE IS, UH, ABOUT 449 UNITS.

ABOUT 45 OF THOSE ARE OWNERSHIP AND RENTAL TOWN HOMES.

SO THE TREEHOUSE PROJECT IS, IS MUCH LESS DENSE THAN THIS, BUT THIS HAS A MUCH BROADER MIX OF USES.

AND WHAT'S THE HEIGHT OF THESE? UH, THESE ARE A MIX OF FOUR AND FIVE STORY.

THAT'S WHAT I THOUGHT.

OKAY.

UNLESS I MISSED IT.

IT SEEMS LIKE WITH THE TOWER, THEY'RE DOING UNITS WITH LARGER SQUARE FOOTAGE.

I DIDN'T SEE THE MIX OF, YOU KNOW, ONE TO TWO BEDROOM OR THREE BEDROOM, SO LESS UNITS IN THE TOWER.

AND IT SEEMS LIKE IN THE MID-RISE THEY'RE PUTTING IN MORE UNITS.

SO SMALLER UNITS, SMALLER SQUARE FOOTAGE.

IS THAT SAME? I'D SAY THAT'S SAME.

I'D SAY OPPOSITE.

IT'S, IT'S SLIGHTLY SMALLER IN THE HIGHRISE TYPICALLY.

I DON'T HAVE THE MIXED MEMORIZED.

I I CAN, I CAN FOLLOW UP WITH YOU AND THE ONLY REASON I SAY THAT IS, I MEAN, YOU'RE GETTING, YOU'RE GETTING OVER 400 UNITS IN THE MID-RISE AND YOU'RE ONLY GETTING TWO 50 TO TWO 70.

RIGHT.

BUT WHAT'S THE, IN THE TOWER? WHAT'S, WHAT'S THE, WHAT'S THE MID-RISE BEAN? HOW MUCH ACREAGE IS THAT OFF? I MEAN, THE, THE MIDRISE IS ALMOST THREE ACRES.

IT'S TWO ACRES LARGER, I GUESS.

IS THERE SMALL IN HIGHLIGHTS, BUT THINK, SO TYPICALLY THERE ARE, YOU COULD ASK THEM TONIGHT, BUT WE'RE NOT TYPICALLY ARE THEY ACTUALLY HAVE, SO THE, THE ORIGINAL M MOU HAD A DIFFERENT MIX.

SO IT ACTUALLY HAD 250 UNITS IN THE TOWER AND 450 UNITS IN THE MID-RISE.

UM, DUE TO THE CHALLENGES OF, UH, REALIGNING SPECTRUM, UH, THEY COULD NOT ACHIEVE THAT YIELD, UH, ON THE MID-RISE.

AND THEY WERE ABLE TO, UH, INCREASE THE UNITS ON THE WEST SIDE.

UH, PREVIOUSLY ON THE WEST SIDE OF THE TOWER, I'LL SHOW YOU IN A RENDERING, THEY WERE NOT ABLE TO, UH, SCREEN THE PARKING STRUCTURE.

SO THIS WAS ACTUALLY, UH, YOU COULD ACTUALLY SEE PARKING STRUCTURE WITH, WITH ENHANCED ARCHITECTURAL SCREENING THERE, THEY WERE ABLE TO GET SOME UNITS IN THERE, WHICH ALLOWED THEM TO INCREASE THE UNITS IN THE TOWER.

IS THEIR, UH, UH, CONCERN WE'RE TRYING TO ADDRESS WITH THE, THE UNIT MIX? OR IS IT NO, I, I, I JUST WANTED TO GET KIND OF THE FEEL FOR THE AVERAGE UNIT ON THE TOWER IS ACTUALLY PRETTY BIG.

IT'S 1100 UNITS OR 1100 SQUARE FEET.

YEAH, I I SAW THAT TOO.

YEAH.

UP TO 1400 SQUARE FEET.

YEAH.

THE AVERAGE IS 1100.

IS THERE, I I WAS, I REALLY ASKED THE QUESTION JUST TO GET A, A FEEL FOR LIKE THE PRODUCT.

LIKE IF YOU LOOK AT WHAT, WHAT THEY DID AT PETROV, THEY DID THE SAME EXACT THINGS WHERE THEY CAME IN WITH SMALLER SQUARE FOOTAGE AND CHEAPER UNITS, THEN THEY BUILT, BUILT FIORI.

AND THAT WAS MORE HIGH END AND, AND LARGER SQUARE FOOTAGE JUST FINISHES WERE A LITTLE BETTER.

I DON'T, AND I DON'T KNOW IF THIS IS KIND OF THE SAME, IF YOU LOOK AT THE TOWER VERSUS THE MID RISE OR NOT, PERMITS ARE ONLY EIGHT 50.

SO IT'S KIND OF BACKWARDS TO THE INDUSTRY STANDARD.

I MEAN, LIKE, I I WOULD ASK EMILY THAT IN A HUNDRED, CAUSE IT'S BACKWARDS TO THE BUSINESS IS TYPICALLY HIGH RISES OR SMALLER UNITS.

CAUSE THEY GO FOR BIGGER RENTS.

SO YOUR MONTHLY CHUNK CHUNK RENT IS TYPICALLY BIGGER IN A HIGHRISE.

SO THAT'S WHY THEY HAVE A HARD TIME.

NORMALLY DOING LIKE 1100 SQUARE FEET FOR A HIGH RISE AVERAGE IS BIG, BIG IN THE, BUT I'M PRETTY SURE IT'S HOW THEY DID FOUNTAIN PLACE.

FOUNTAIN PLACES ARE REAL BIG.

I CAN LOOK THAT UP A QUESTION FOR TONIGHT.

I THINK IT'LL, IT WILL RELATE TO THE DEMOGRAPHICS.

YEAH.

THE FOLKS THAT ARE GOING TO PAY THE RENTS FOR THE HIGH RISE, THEY'LL, THEY'LL TYPICALLY WANT A, WANT MORE SPACE.

SO I, I HAVE SEVERAL QUESTIONS AND, AND I DON'T WANT TO, YOU KNOW, INTERRUPT WHERE YOU'RE GOING, BUT SURE.

WHILE THAT RENDERING IS UP THERE MM-HMM.

, I, I'D LIKE TO KNOW WHY WE'RE GOING WITH SOMETHING LIKE THAT BECAUSE IT DOESN'T FIT IN AT ALL.

LIKE, LIKE THE, THE, THE, THE CHARACTER OF THAT BUILDING, IN MY OPINION.

DOES IT MATCH ANYTHING THAT WE'VE DONE AT ADDISON CIRCLE? IF YOU LOOK AT THE MID-RISE, I THINK THAT CONNECTS VERY WELL WITH ADDISON CIRCLE, BUT THAT DOES NOT.

SO WHAT, WHAT WAS THE THOUGHT BEHIND JUST THE, THE THE FINISHES ON THAT BUILDING, EXTERIOR FINISHES ON THAT BUILDING? I GUESS.

I MEAN, IT'S MOSTLY MASONRY.

SO CAN, I MEAN, I THINK WHERE YOU'RE GOING, BUT I MEAN, THINK ABOUT LIKE A LEGACY, WELL GO TO THE RENDERING.

THEY'RE, THEY'RE MUCH MORE OFFICE.

THEY KINDA WANT MORE OF A BLEND, I THINK TO LOOK MORE LIKE THE OFFICE TOWERS THAT IT'S SITTING NEXT TO.

CAN, YEAH.

CAN YOU GO TO THE RENDERING OF THE MID-RISE? SO IT LOOKS LIKE THE AM EMILY,

[00:35:01]

UH, FORUM AND IT LOOKS A LITTLE DIFFERENT.

LIKE THERE'S MORE OF THAT DARKER BRICK, WHICH IN MY, AND I'M, AND I'M NO ARCHITECT OR DESIGN GUY OR ANYTHING, BUT THE DARKER BRICK SORT OF CONNECTS IT TO ADDISON CIRCLE MORE THAN THE THE TOWER.

AND THAT, THAT WAS JUST ONE QUESTION I'VE HAD ABOUT THAT.

BUT THE MID RISE IS THE FURTHEST EAST, CORRECT.

RIGHT.

SO IT KIND OF PULLS ADDISON CIRCLE IN AND, AND THEN YOU GET INTO THE HIGHRISE TOWER.

I'VE HEARD AS MANY PEOPLE SAY THAT WE DON'T WANT ADDISON TO BE ALL ADDISON CIRCLE.

IT'S JUST DULL AND BORING WHEN ALL YOU HAVE IS ESSENTIALLY RED BRICK AND, AND MASONRY STUFF.

AND SO, I DON'T KNOW WHAT THE THINKING IS AGAIN.

THAT'S A GOOD QUESTION DEVELOPER.

BUT IT, IT IS, IT'S LIKE, WELL WE DIDN'T WANT TO HAVE THIS THINKING LOOK LIKE ADDISON CIRCLE CUZ IT, IT'S JUST, IT'S JUST NOT APPEALING.

WHEREAS THIS IS A NICE TRANSITION TO A DIFFERENT CONCEPT ALTOGETHER.

I DON'T KNOW, I'M JUST GUESSING.

BUT I I THINK THAT'S A, THAT'S A GOOD WAY TO PUT IT.

UM, I I THINK A SIMILAR, UM, CONSIDERATION CAME UP ONE WITH THAT RECENT VILLAGE ON THE PARKWAY PROJECT.

UM, SO THEY WENT WITH, UH, A BUILDING FACADE PLAN THAT WAS VERY HEAVY ON GLAZING, UH, VERY LITTLE.

AND VILLAGE ON THE PARKWAY LOOKS LIKE THAT THEY WANTED IT BECAUSE IT'S OF ITS DIFFERENT SCALE TO DISTINGUISH AND RE DISTINGUISH FROM THE PREVAILING ARCHITECTURAL PATTERN OF VILLAGE ON THE PARKWAY.

I THINK THAT'S THE, THAT'S THE INTENT, UH, HERE, UH, I DON'T NECESSARILY FEEL THAT THIS IS COMPLETELY INCONSISTENT WITH ADDISON CIRCLE.

UM, I THINK IT'S A DIFFERENT SCALE, SO IT'S GOING TO LOOK DIFFERENT, BUT IT'S USING VERY SIMILAR MATERIALS.

UH, COLOR PALETTE CERTAINLY IS, IS DIFFERENT.

UH, ADDISON CIRCLE IS, IS UM, GENERALLY A LITTLE DARKER.

BUT, UH, I I THINK THIS FITS IN WELL HERE AND, AND IT'S A GOOD STATEMENT BUILDING FOR THIS AREA.

FAIR ENOUGH.

WAS THAT ALL YOU PRESENT FOR THE REZONING? IS THAT IT ? NO, I MEAN WE CAN, WE CAN WORK THROUGH MORE.

I MEAN MAINLY WE'RE, WE'RE HERE TODAY TO, TO ADDRESS ANY QUESTIONS THAT YOU HAVE.

I CAN DO MY WHOLE PRESENTATION, BUT I DOUBT YOU GUYS WANNA HEAR IT TWICE.

NOPE.

NO.

SO, OKAY.

THIS IS GONNA BE, YOU KNOW, IT'S THE SAME OLD, UH, QUESTION THAT ALWAYS COMES UP ABOUT TRAFFIC.

SO THERE'S GONNA BE A LOT MORE CARS IN A, YOU KNOW, IN A SMALLER SPACE IN AN AREA THAT IS, YOU KNOW, WHILE NOT CONGESTED, YOU KNOW, SO MUCH TODAY.

IT IS, YOU KNOW, THE ROADS THERE ARE NOT GONNA BE ABLE TO, YOU KNOW, THEY'RE NOT BIG ENOUGH IN ALL OF THAT STUFF, YOU KNOW, TO HANDLE ADDITIONAL TRAFFIC.

SO IS THERE, I'M SURE WE DID THE STUDY AND THERE'S NO IMPACT OF TRAFFIC , YOU GO TO THE WELL, I WOULDN'T SAY, I WOULDN'T SAY THAT.

I MEAN, COULD YOU PULL UP THE STREETS, THE RENDERINGS THEY HAD UP THERE? CAUSE IT, IT, BOB DOES BRING UP A GOOD POINT.

UH, NO, THERE WAS ONE THAT WAS ALL NICELY COLORED.

THEY SHOW THE STREETS YEAH, GO BACK.

THAT'LL PROBABLY WORK.

GO BACK ONE.

YEAH, THAT THAT'LL NOPE.

YEAH, JUST LEAVE IT RIGHT THERE.

SO, SO YEAH.

SO THE ONLY WAY TO GET OUT OF THIS THING ESSENTIALLY ON FESTIVAL WAY NO.

AND THEN GOING EAST, WEST AND THEN YOU DUMP ONTO ADDISON'S ROAD OR YOU DUMP ONTO QUORUM.

YES, AND I, I WAS, I'M WITH BO I WAS, I HAD THE SAME CONCERN ABOUT BOB HAS IS THAT IF I'M TURNING LEFT OFF A FESTIVAL ONTO ADDISON ROAD, I'M NOT GONNA BE ABLE TO DO THAT AT EIGHT O'CLOCK IN THE MORNING.

AND SO, BUT I DIDN'T SEE ANYTHING IN HERE ABOUT A TRAFFIC LIGHT.

I DIDN'T EVEN SEE THE TRANSPORTATION STUDY TO BE HONEST WITH YOU.

BUT I ALSO AGREE WITH BOB PROBABLY SAID THERE'S NO PROBLEM ON THE OTHER END, THE EAST END OF FESTIVAL, YOU CAN ONLY TURN RIGHT ON A QUORUM AND THEN YOU IMMEDIATELY RUN INTO THE LIGHT AT ARAPAHOE.

AND THAT'S PROBABLY GONNA BACK UP IN THE MORNINGS FROM ARAPAHOE PAST FESTIVAL WAY.

CAUSE I MEAN I'VE SEEN THAT DO IT NOW WITHOUT EVEN ADDITIONAL CARS.

AND IT SEEMS TO ME THERE SHOULD BE SOME SORT OF TRAFFIC CONTROL THERE TOO.

SO AT LEAST LETS, SOME OF THESE PEOPLE HAVE A CHANCE TO GET OUT OF FESTIVAL WAY ONTO QUORUM.

SO I, I WAS SURPRISED THAT THAT STREET LIGHTS, TRAFFIC LIGHTS WERE NOT A PART OF ANYTHING I'VE READ HERE SO FAR.

SO THAT'S MY MAIN CONCERN IS THERE'S, YOU'VE GOT A LOT OF PEOPLE AND THEY, THERE'S ONLY TWO WAYS OUT AND NONE OF THEM, NEITHER ONE OF 'EM ARE OPTIMAL.

CAN I JUMP IN REAL QUICK? WHICH I DON'T THINK A FULL TRAFFIC STUDY'S DONE YET.

I THINK THAT'S COMING FORWARD, RIGHT? AND THAT HOW IT READS.

SO, SO THERE'S, IT'S, IT'S, THERE'S TWO PARTS TO IT.

SO THERE'S A WHOLE SECTION IN THE STAFF REPORT ON, ON TRAFFIC.

UH, SO YOU, YOU MAY HAVE SEEN THAT.

[00:40:01]

UM, BUT SO THERE, THERE'S SEVERAL THINGS IN PLAY HERE.

THIS IS A MIXED USE DEVELOPMENT.

IF THIS WAS ALL OFFICE OR ALL MULTI-FAMILY, YOU WOULD NOT HAVE ANY EFFICIENCIES OR ANY BALANCE IN THIS PROJECT.

ADDISON CIRCLE IS HEAVILY MULTI-FAMILY NOW THIS INCLUDES OFFICE, IT INCLUDES RESIDENTIAL, IT INCLUDES RETAIL, UH, ALL OF THOSE HAVE DIFFERENT PEAKS.

UH, CERTAINLY GOING FROM VACANT LAND TO DEVELOPED LAND WITH DENSE DEVELOPMENT IS GOING TO BRING MORE TRAFFIC.

SO BOB, YOUR, YOUR STATEMENT IS CORRECT.

THERE IS, THERE IS A TRAFFIC IMPACT.

FORTUNATELY YOU'RE IN A LOCATION THAT HAS A GREAT GRID.

UH, YOU HAVE MANY OPTIONS TO CHOOSE FROM QUORUM SPECTRUM, ARAPAHOE, ADDISON ROAD.

UH, AND THE WAY THIS PROJECT IS ORIENTED IS IT'S REALLY ORIENTED TOWARDS THE LEAST ACTIVE CORRIDOR IN TERMS OF GETTING IN AND OUT.

SO I, ADDISON ROAD, WHERE THE PARKING STRUCTURE IS, IS HAS THE REALLY, THE, THE LOWEST TRAVEL DEMAND IN THAT AREA.

UH, IT ALLOWS PEOPLE TO GET IN AND OUT PARK AND WALKED OFFICE.

SO IT'S, IT'S QUITE CONVENIENT.

UH, THE MULTI-FAMILY IS ACCESSIBLE FROM THE TOWERS ONLY ACCESSIBLE FROM FESTIVAL WAY.

UH, THE MID-RISE IS ACCESSIBLE FROM, UH, BOTH QUORUM AND THE ARAPAHOE AND OLD SPECTRUM INTERSECTION.

UM, THE T I A UH, THE FIRST STEP OF THE T I A IDENTIFIED A NEED TO HAVE A LEFT TURN LANE, UH, WESTBOUND, UH, AND TURNING SOUTHBOUND ONTO ADDISON ROAD ON FESTIVAL WAY, UH, QUORUM ON THE EASTERN EDGE OF THIS DEVELOPMENT.

UH, CURRENTLY IT IS RIGHT TURN ONLY AND IT'S LIKELY TO, TO UH, REMAIN IN THAT CONDITION WITH THEIR SECOND STEP AT THEIR T I A.

THEY DO WISH TO, TO LOOK AT A NORTHBOUND HOODED LEFT TURN INTO THE, THE DEVELOPMENT OFF A QUORUM.

THAT'S UNLIKELY TO BE APPROVED CUZ IT'S, IT'S TOO CLOSE TO THE, THE RAIL TRANSIT STATION OR THE, THE RAIL CROSSING I SHOULD SAY.

UH, BUT OVERALL THIS IS A HIGHLY ACCESSIBLE SITE.

UM, IT'S GOT A GOOD GRID, UM, AND WE DON'T FEEL THE TRAFFIC IS GOING TO BE OVERWHELMING IN THIS AREA.

WELL, AND YOU HAVE TO REMEMBER YOUR ON A LIGHT RAIL, THAT'S PART OF IT TO ENCOURAGE PEOPLE TO USE LIGHT RAIL TO GO TO THE OFFICE.

AND I WORK AT AN OFFICE BUILDING IN UPTOWN.

I PASS ONE OVER OFF OF ADDISON ROAD EVERY DAY THAT AT PEAK TIMES FOR THE OFFICE, THEY HAVE POLICE PATROL OUT THERE.

AND THAT'S AN EXPENSE OF THE OFFICE HOUSE.

I MEAN THE OFFICE DEVELOPER OWNER THAT GETS THAT TRAFFIC GUY OUT THERE AND DOES TRAFFIC.

AND IF THAT'S WHAT IT COMES TO, THEY MAY HAVE TO.

SO THERE IS A, THERE IS A SIGNAL AT BROADWAY, UM, THAT, UH, IS AS IT STANDS NOW, UH, IDENTIFIED TO REMAIN, UH, AS CONDITIONS CHANGE IN THAT AREA.

COULD THAT SIGNAL LOCATION CHANGE? CERTAINLY THAT'S SOMETHING TO CONSIDER BASED ON THE CONDITIONS PROPOSED HERE.

IT'S NOT NEEDED TO CHANGE AT THIS TIME.

SO I, GO AHEAD.

THE PARKING GARAGE, DID I HEAR CORRECTLY IT'S GONNA BE ALL PUBLIC OR IT'S ALSO FOR TENANTS.

SO DURING THE WORKDAY IT WILL BE FOR TENANTS AND PUBLIC AND THEN, UH, WEEKENDS, EVENINGS IT'S ALL PUBLIC.

AND SO WHERE DO THE TENANTS PARK DURING THE WEEKEND? I MEAN, IF, IF SOMEONE'S, THERE'S NOT GONNA BE A LOT OF PEOPLE WORKING IN THE OFFICE BUILDING ON THE WEEKEND.

I MEAN THEY CAN PARK IN THE PARKING STRUCTURE.

YOU'RE, YOU'RE, YOU'RE RARELY GOING TO HAVE A FULL PARK.

IT'S 625 SPACES.

SO WE'RE NOT GONNA END UP WITH BOB AND I FAVORITE TOPIC, ALL THE TRAFFIC SITTING DOWN THE STREETS.

LIKE WE'VE GOT A TRINITY GROVE WHERE THE STREETS ARE CLOGGED UP WITH, WITH CARS BEING PARKED THERE BY TENANTS AS WELL AS GUESTS AND STUFF.

WE'RE NOT GONNA SEE THAT HERE, ARE WE? NO, BECAUSE THERE'S VERY LIMITED ON STREET PARKING.

ALL THE ON STREET PARKING IS PARALLEL.

THERE'S MAYBE PROBABLY LESS THAN 20 ON STREET PARKING SPACES.

FESTIVAL WAY IS CHANGING.

UM, CURRENTLY IT'S ALL ANGLED PARKING AND THERE'S A LOT OF ON STREETE PARKING.

YOU WOULDN'T WANT THAT CONDITION IN A DEVELOPMENT LIKE THIS.

RIGHT? IT'D BE TOO HECTIC.

UH, SO THE, THE STREET SECTION IS CHANGING.

IT'S GONNA BE HAVE LIMITED PARALLEL PARKING.

THE MOST CONVENIENT PLACE TO PARK WILL BE THE PARKING STRUCTURE.

SO, UH, CLARIFICATION, JUST CUZ I THOUGHT THE PACKAGE KINDA READ A LITTLE MORE OF PUBLIC PARKING DEFINED AS PEOPLE COMING FOR THE RETAIL USAGE.

SO WE'RE ON A SATURDAY AND KABOOM TOWN HAPPENS.

ARE THOSE 625 SPACES AVAILABLE FOR PEOPLE COMING TO KABON TOWN NOW? YES.

OKAY.

AND WHILE WE'RE ON THE PUBLIC OF PARKING, LIKE MY, MY ONLY THOUGHT IS, YOU KNOW, THAT'S A GREAT PARK.

IT'S A GREAT AMENE TO THE TOWN.

AND WHAT I DON'T WANT TO DO IS TAKE IT AWAY FROM THE REST OF US.

DON'T THAT DON'T LIVE AT ADDISON CIRCLE.

AND WHAT I MEAN BY THAT IS THE PARKING, I, I

[00:45:01]

WALKED IT YESTERDAY AND YOU KNOW, THERE ARE SEVERAL PEOPLE THAT JUST PULLED UP, GRABBED THE DOG, WALKED THE PARK, AND WENT BACK INTO THE CAR AGAIN.

AND IT'S GREAT TO SAY THAT THERE'S 600 SOME ODD SPOTS THERE.

I JUST HOPE THERE'S A WAY THAT YOU CAN POLICE IT BECAUSE I MEAN, I'VE SEEN BEFORE, I MEAN, ADDISON GROVES IS A GREAT EXAMPLE.

YOU KNOW, YOU LIVE IN AN APARTMENT, YOU'RE GONNA PARK AT THE MOST CONVENIENT SPOT WHETHER OR NOT THAT'S WHERE YOU BELONG.

BECAUSE IF YOU LOOK AT WHAT'S HAPPENING IN ADDISON GROVES RIGHT NOW, EVERYONE'S PARKING ON THE STREET, EVERYONE'S PARKING IN THE RETAIL.

AND I WOULD HATE, YOU KNOW, TO TAKE THAT PARK AWAY FROM SOMEONE WHO JUST WANTS TO DRIVE OVER AND, AND WALK THE DOG.

AND THERE'S NO SPOTS AVAILABLE.

SO IT'S ACTUALLY ADDING 500, UH, I MEAN REALLY 600, 623 PUBLIC PARKING SPACES.

AND THAT'S, AND THAT'S GREAT.

BUT IF IT DOESN'T GET USED PROPERLY OR POLICED, IT'S NOT GONNA WORK.

BUT THE, THE APARTMENTS ISN'T GONNA BE THE OPEN PARKING SPACE.

IT'S THE OFFICE BUILDING.

IT'S THE OFFICE BUILDING, WHICH IS THE WEST SIDE.

THE, THE PARKING, THE APARTMENTS WILL HAVE THEIR OWN DEDICATED PARKING.

THEY'LL HAVE SOME DEDICATED RETAIL PARKING IN THEIR PARKING STRUCTURE AS WELL.

THIS IS NOT EDISON GROVE.

THIS IS, THIS IS NOT PLANNED LIKE THAT.

I MEAN, THE REALITY IS YES, YOU'RE PROBABLY GONNA LOSE SOME PEOPLE ON THE FESTIVAL WAY THAT'S PARKED THERE TO RUN INTO THE APARTMENT COMPLEX INSTEAD OF GOING INTO THE GARAGE.

BUT I DON'T THINK IT'S TO THE SAME LEVEL OF ADDISON GROVE AT ALL.

I, I HAVE TO SAY, LIVING IN ADDISON'S CIRCLE, PEOPLE ALWAYS SAID THERE'S NO PARKING.

BUT THESE PARKING GARAGES WERE BASICALLY EMPTY.

SOME OF THEM BECAUSE PEOPLE DON'T GET THAT.

YOU CAN PARK IN THE PARKING GARAGE FOR FREE.

MM-HMM.

, YOU KNOW, THEY THINK IT'S A CHARGE OR THAT YOU HAVE TO BE A RESIDENT OVER AND OVER.

I HAD TO TELL, I MEAN, I WAS THERE NINE YEARS OVER AND OVER AND OVER AND OVER.

I HAD TO TELL PEOPLE THAT.

AND I BROUGHT IT UP TO CITY COUNCIL.

I BROUGHT IT UP ANYTIME THE WORD PARKING SHOWED UP AND THEY SAID, WELL WE BUILT IT SO THAT PEOPLE DIDN'T SEE THE PARKING.

AND I SAID, WELL YOU DID A BANG UP JOB BECAUSE NOBODY HAS PARK THERE .

AND SO I'M DONE FOR SIGNS THAT SAY FREE PARKING, YOU KNOW, LIKE PARK HERE OR, AND ALL THOSE PARALLEL, IF THEY'RE LIKE 20 MINUTE, 30 MINUTE PARKING SPOTS SO THEY CAN DO WHAT YOU SAY, JUST PULL UP, GET OUT, WALK THE DOG AND LEAVE.

I DON'T EVEN KNOW WHY YOU HAVE TO HAVE A PARALLEL IF YOU HAVE 600 PARKING SPOTS.

BUT BECAUSE THEY'RE JUST GONNA, PEOPLE ARE JUST GONNA PULL IN THERE.

IF YOU, IF I WORKED IN THE OFFICE BUILDING AND I WAS THE FIRST ONE THERE, I WOULD JUST PULL IN A PARALLEL PARKING SPOT AND WALK IN VERSUS THE GARAGE.

I WOULDN'T, CAUSE IT'S NOT COVERED, BUT THAT'S JUST ME .

UM, WELL IT WAS WAS A HUNDRED DEGREES.

I WOULDN'T, BUT YOU KNOW WHAT I'M SAYING? LIKE YOU, THAT'S WHAT YOU WOULD DO.

WE DON'T WANT TO RIGHT.

DRIVE UP TWO STORIES AND TAKE IT ELEVATOR DOWN.

I WOULD, AND I DON'T KNOW WHERE P AND Z HAS A, IF WE HAVE A ROLE IN THIS, BUT I WOULD AGAIN REITERATE MY 10 YEAR FIGHT TO LIKE ANNOUNCE PARKING, YOU KNOW WHAT I MEAN? LIKE REALLY THIS IS FREE SIGNAGE.

SIGNAGE LIKE CRAZY, YOU KNOW, PARK HERE, DON'T PARK HERE.

AND ALSO, UM, ONE OF MY CLIENTS WAS POLKA DOT BAKER HUGHES TO BE THERE AND THERE WAS A 15, SHE GOT THEM TO DO A 15 MINUTE PARKING SPOT OUT FRONT SO PEOPLE COULD COME IN AND PICK UP CAKES AND STUFF.

WELL, THE NEIGHBOR SON THAT WORKED NEXT DOOR, HE WOULD PARK THERE ALL DAY AND SHE'D CALL AND SAY, YOU CAN'T PARK THERE.

AND THEY'D GO, OH, WELL WE DON'T REALLY DO ANYTHING ABOUT PARK.

WE DON'T HAVE ENOUGH POLICE OFFICERS TO TICKET PARKING.

AND SHE WAS LIKE, WELL, SO , WHAT IS THE POINT OF GETTING MY 15 MINUTE SPOT IF YOU'RE NOT GONNA POLICE IT? AND SO THAT, AND I BROUGHT THAT UP AND THEY SAID, OH YEAH, WE DON'T HAVE ENOUGH.

WELL, OKAY, SO YOU'RE, YOU CAN SIT HERE AND SAY, OH THESE ARE PARALLEL.

THERE'S ONLY SIX, THERE'S THIS GREAT PARKING GARAGE.

BUT UNLESS THERE'S SIGNAGE AND THERE'S CONSEQUENCES FOR BEING THERE LONGER THAN 30 MINUTES, YOU KNOW, ESPECIALLY DURING PEAK TIMES, IT DOESN'T MATTER CUZ LIKE YOU SAID, WE'RE JUST GONNA BE LAZY AND PULL UP AND JUST PARK THERE ALL DAY AND WE'RE GONNA LOSE SOME OF THE THINGS THAT WE CLAIM.

WE WANT THIS TO BENEFIT, YOU KNOW, THE PEOPLE THAT WE WANT IT TO BENEFIT.

SO IS THERE SOMETHING WE CAN DO AS P AND Z OR DO WE JUST PUT A NOTE TO, TO COUNSEL THAT WE STRONGLY WANT.

BUT ONE OF THE THINGS THAT'S ONE OF THE THINGS THAT'S STILL GONNA BE THERE, AND THIS MAY GET BACK TO JULIE THING ABOUT SIGNAGE, WHICH I AGREE IS THERE'S A LOT OF PARKING AT THE CONFERENCE CENTER.

YES.

PARALLEL OR YEAH, PARALLEL PARKING WHERE IF YOU JUST WANT TO DUMP YOUR, STOP YOUR CAR, GET OUT AND TAKE YOUR DOG, GET INTO THE PARK.

CUZ THERE WERE A LOT OF DOGS OUT THERE OVER THE WEEKEND AND YESTERDAY WHEN I WENT AND, BUT A LOT OF 'EM WERE PARKING UP AT THE CONFERENCE CENTER.

SO IN ORDER TO MOVE PEOPLE OUT OF THIS AREA UP TO WHERE THE CONFERENCE CENTER IS, AGAIN, IT GETS BACK TO THE SIGNAGE.

BUT I, YOU KNOW, I'VE DRIVEN AROUND OUTTA A CIRCLE A LOT AND I'VE NEVER GONE IN ONE OF THOSE PARKING GARAGES BECAUSE IT, I THINK IT'S, IT IS TINTED ONLY, THERE'S NO SIGN THAT SAYS FREE PUBLIC PARKING ANYWHERE AS A CIRCLE.

OH YEAH.

THEY'RE ABOUT THIS BIG.

THEY'RE RIGHT AGAINST TO DO A BETTER JOB OF THAT.

HERE I, I HAVE GOOD NEWS FOR YOU.

SO THIS WHAT WORKS WELL WITH THIS PROJECT.

PART OF IT IS CUZ THE MARKET, UH, THE LOCATION ON THE EDGE OF THIS PROJECT ADJACENT

[00:50:01]

TO THE FBO AND DUE TO ALL THE RESTRICTIONS WITH THE AIRPORT, WHAT WORKS BEST WAS A FREESTANDING PARKING STRUCTURE.

SO IT LOOKS LIKE A PARKING STRUCTURE.

IT'S A VERY ATTRACTIVE PARKING STRUCTURE WITH MASON MARIE AND BEAUTIFUL SCREENING AND A MURAL.

BUT NO ONE WILL MISTAKE THIS FOR A MULTI-FAMILY BUILDING.

THIS IS A PARKING STRUCTURE.

.

DO YOU UNDER, DO YOU UNDERSTAND MY, MY MY COMMENT? SO THAT STRUCTURE RIGHT THERE, IF YOU, IF YOU'RE WORKING IN THE OFFICE TOWER, IS THAT WHERE YOU'RE GONNA PARK? IT'S SO HERE, HERE'S HERE'S HOW PARKING IS GONNA WORK IN THIS DEVELOPMENT DURING THE WORKDAY.

IT WILL BE A COMPETITIVE PARKING ENVIRONMENT FOR PEOPLE WHO ARE WORKING AND DINING AND VISITING THE PARK, PEOPLE VISITING THE PARK, AND JUST VISITING THE PARK.

THERE'S, TO TOM'S POINT, THERE'S NEVER NOT PARKING ON THE NORTH SIDE OF THE PARK WHERE YOU COULD PARK LITERALLY RIGHT AT THE EDGE OF THE PARK.

ALWAYS THERE.

ALWAYS.

SO IF THAT'S YOUR MAIN LINE OF BUSINESS, THAT'S, THAT'S WHERE YOU SHOULD PARK.

IF YOU'RE COMING TOINE, IF YOU'RE COMING TO VISIT SOMEONE AT THE OFFICE, PARKING STRUCTURE'S THERE, THIS IS PHASE ONE.

KEEP IN MIND, LET'S GO BACK TO THE CONCEPT PLAN PHASE TWO, WHICH IS THE TRANSIT HUB WILL HAVE HUNDREDS OF MORE PUBLIC PARKING SPACES.

EVENTUALLY, WE'RE GONNA GET TO A POINT WITH THIS PROJECT WHERE WE'LL HAVE MORE PARKING THAN WE NEED DURING THE EVENINGS AND THE WEEKENDS, JUST WITH PHASE ONE, WE'RE GONNA HAVE MORE PARKING THAN WE NEED WITH A 625 SPACE PUBLIC PARKING STRUCTURE.

IT'S THE ONLY TIME IT'S GONNA BE COMPETITIVE IS DURING A HUGE EVENT.

AND DURING THE WORKDAY, WHEN THE OFFICE WORKERS ARE IN THAT PARKING STRUCTURE, WITHOUT SIGNAGE, IT WON'T WORK.

I WILL REITERATE THAT AGAIN.

SO, SO I WOULD TAKE IT JUST A LITTLE BIT OF A DIFFERENT ANGLE ON THIS.

AND I KNOW WE'RE GETTING A LITTLE BIT SORT OF SIDEWAYS HERE.

I'LL KEEP IT BRIEF.

I, I THINK SIGNAGE IS GREAT, BUT THE TOWN HAS TO DO A BETTER JOB OF COMMUNICATING TO, TO THE RESIDENTS THAT LIVE HERE, TO THE PEOPLE THAT WORK HERE, ALL OF THAT SORT OF STUFF ABOUT ALL OF THE THINGS THAT WE'RE TALKING ABOUT.

NOW, WHETHER THEY READ IT OR NOT, OR WHETHER THEY DIGEST IT IS A WHOLE NOTHER STORY.

BUT THE IDEA THAT WE'RE JUST GONNA GET IT FROM A SIGN.

I'M NOT LOOKING FOR A SIGN WHEN I GO OUT, YOU KNOW, I'M, LOOK, I, I WANT TO HAVE A BROADER UNDERSTANDING OF WHAT'S AVAILABLE TO ME AND WHAT'S NOT.

AND AND AGAIN, I'LL PREFACE IT BY SAYING I KNOW PEOPLE DON'T PAY ATTENTION.

UH, I READ THE NEWSLETTER EVERY FRIDAY AFTERNOON.

I CAN'T WAIT FOR IT TO COME BECAUSE I WANNA SEE IF THERE'S ANYTHING IN THERE THAT I DON'T KNOW THAT I HAVEN'T HEARD THAT UH, OH, THAT'S INTERESTING.

I DIDN'T KNOW THAT.

DOES EVERYBODY DO THAT? I HAVE NO IDEA.

DO THE PEOPLE THAT WORK IN THIS TOWN, DO THEY GET THAT? IS THAT IMPORTANT TO THEM? MAY NOT BE IMPORTANT TO THEM, BUT I THINK IT'S IMPORTANT TO US, THE, THE THING THAT IN BUSINESSES, THE NUMBER ONE COMPLAINT THAT EMPLOYEES HAVE ABOUT, TYPICALLY ABOUT WHERE THEY WORK, YOU DON'T COMMUNICATE WITH ME ENOUGH.

YOU, YOU DON'T COMMUNICATE WITH ME ENOUGH.

SO COMMUNICATE, I AGREE.

AND I JUST WENT ON TO THE WEBSITE, TOWN WEBSITE TO SEE IF THERE'S SOME FORM OF MAP, WHICH THERE IS, BUT IT'S NOT NECESSARILY OVERLY EASY TO GET TO.

AND IT DOES IDENTIFY P FOR PARKING.

BUT YET IN THE, THE LEGEND OF WHAT IT'S DESCRIBING IN THIS MAP, P IS NOT DEFINED OR MENTIONED.

AND TO ME, I KNOW IT'S P IT'S PARKING CAUSE I KNOW WHERE THE CONVENTION CENTER IS AND I KNOW THAT'S A PARKING LOT, BUT SOMEBODY COMING HERE DOESN'T.

AND I DON'T THINK THAT MAP'S VERY EASY TO GET TO.

SO, AND AND THIS IS, THIS IS A, THERE'S LOTS OF GOOD EXAMPLES CUZ LOTS OF CITIES ARE TACKLING THE SAME ISSUE.

DOWNTOWN PLANO, DOWNTOWN MCKINNEY.

THERE'S THE, THE DATA SUGGESTS THERE'S WAY MORE PARKING THAN THERE IS DEMAND, BUT NO ONE CLAIMS TO KNOW WHERE THE PARKING IS.

SO WE HAVE TO DO A BETTER JOB TO, TO YOUR POINT BOB.

AND IT'S NOT JUST ONE MEDIUM, IT'S NOT JUST A SIGN, IT'S NOT JUST A WEBSITE.

IT'S, IT'S A WHOLE PACKAGE OF, OF, OF COMMUNICATION TO HELP PEOPLE BETTER USE OUR DEVELOPMENTS, BETTER EXPERIENCE OUR NEIGHBORHOODS.

I WONDER WHAT KIND OF CONVERSATIONS THEY'RE HAVING IN FRISCO ABOUT PARKING.

PEOPLE WANT PARKS.

YEAH.

PEOPLE WANT CONVENIENT PARKING.

MM-HMM , THEY DON'T JUST WANT PARKING, THEY WANT CONVENIENT PARKING AND THE PARKING, THE DART RAIL.

AND THEN YOU MENTIONED PEOPLE BEING ABLE TO COME FROM THE DEVELOPMENT TO CATCH A TRAIN AND PEOPLE ON THE TRAIN THEN GOING INTO THE RECREATIONAL NODE.

HOW DO YOU GET ACROSS THE TRACKS ON THIS THING? LET ME ZOOM IN A BIT FOR YOU SAFELY.

, I MEAN YOU, SO YOU CAN ACTUALLY GO OUT AND LOOK AT THIS RIGHT NOW CUZ MOST OF THE, THE PLATFORM IS BUILT.

SO CURRENTLY THERE'S TWO, UH, CROSSINGS FROM NORTH TO SOUTH, UM, ON THE

[00:55:01]

ACTUAL RAIL PLATFORM, ONE AT THE EDGE.

THIS ONE DUMPS OFF INTO A RANDOM PARKING LOT, DOESN'T WORK WELL.

UH, THERE'S ANOTHER ONE THAT WILL ALIGN QUITE NICELY WITH OUR NORTH SOUTH PEDESTRIAN PATHWAY IN BETWEEN THE TOWER IT WAS RAISED.

UH, OR IS IT JUST SIMPLY WALKING AT GRADE ACROSS THE TRACK? WALKING AT GRADE.

OKAY.

SO DON'T DO IT WHEN THERE'S A TRAIN .

AND THEN, AND THEN THERE'S ALSO, UH, WE'RE GONNA WITH THIS PROJECT ESTABLISH A MID-BLOCK, UH, UH, GATEWAY, UH, TO THE T O D FROM THE NORTHERN UH, PLATFORM.

IT'S NOT A CROSSING POINT.

UM, UH, CUZ THAT, BUT WHAT'S FOR A MEMORY FROM GOING ACROSS? UM, COMMON SENSE.

WE'RE IN TROUBLE.

I MEAN IT'S ALL, ALL OF DOWNTOWN IS, IT'S IT'S ACTUALLY, IT'S ACTUALLY QUITE ELEVATED AT THAT LOCATION.

IT DIPS DOWN AT THE EDGES.

THAT'S WHY YOU CAN WALK ACROSS.

SO, OKAY.

CAN I GO THROUGH A COUPLE LAST FOOT QUESTIONS AHEAD? I NOTICED YOU HAVE DATES ON HERE, BUT ARE THOSE GONNA BE REQUIRED? ARE THERE ANY KIND OF REQUIRED DATES THAT THEY MUST HAVE, UH, SHOVELS IN THE DIRT OR COMPLETION DATES OR ANYTHING REQUIRED AT THIS POINT? SO THIS REFLECTS THE M MOU.

UM, AND IT WILL ULTIMATELY DATES WILL ULTIMATELY BE INCLUDED IN THE DEFINITIVE AGREEMENTS BY WHICH IF THEY FAIL TO COMPLY, THERE'S PENALTIES.

OKAY.

AND THEN, UM, THE, I NOTICED THAT IT READ IN HERE THAT THERE'D BE A MAXIMUM 700 MULTI.

DOES SENIORS GO TOWARDS THAT COUNT? UH, IT, IT COULD, IT DOESN'T NEED TO.

NO, I'M, I'M MORE WORRIED THAT THEY'RE GONNA MAKE THE ARGUMENT THAT WE'RE CUTTING OUT SENIORS.

CAUSE WE ATE UP ALL OF IT WITH THE MULTI THAT WE'RE PROPOSING TONIGHT.

IF A SENIOR HOUSING PROJECT WAS PROPOSED IN, IN THIS AREA, UM, THE, THE CHALLENGE IS, IS, IS YOU DON'T REALLY HAVE ANY MORE LAND.

UH, YOU COULD THEORETICALLY, UM, IF IT WERE INTEGRATED INTO THIS PHASE TWO, YOU COULD THEORETICALLY DO MORE HOUSING THERE.

UM, SO REALLY I WOULDN'T WANNA PUT ANY, UM, MORE HOUSING BEYOND THAT 700 UNTIL WE HAVE AN ACTUAL PROJECT PROPOSAL.

RIGHT.

BUT WE'RE NOT CUTTING OFF ANYTHING.

OKAY.

IT'S JUST 700 UNITS.

OKAY.

IT'S SO THEY, THEY DON'T HAVE A, A HUGE OPEN-ENDED MULTI-FAMILY ENTITLEMENT.

AND JUST TO REMIND EVERYBODY, I WENT BACK AND LOOKED AT OUR NOTES WHEN J'S PROJECT WAS APPROVED, WHEN WE DID IT LAST YEAR, THE ONLY PERSON THAT OBJECTED WAS THE BUSINESS OWNER.

THERE WAS NOT ONE PERSON THAT CAME OUT AND SPOKE AGAINST THE APARTMENT FROM WHAT I SAW FROM THE NOTES.

WILL YOU VERIFY THAT I READ THAT, RIGHT.

I'LL, OKAY, , I'VE GOT A QUESTION ON THE, UM, SETBACK.

UM, 30 FEET FROM CENTER OF THE STREET RATHER THAN 30 FEET FROM THE CURB.

SO IT, LET ME PULL UP THE STREET SCAPE MASTER PLAN.

THE, ACTUALLY I CAN SHOW IT HERE.

YEAH, THE SECTION, SO THAT REFLECTS FESTIVAL WAY THE, THE PART OF THE REASON WHY WE DID THAT IS CUZ THE CURB BERRIES WHERE YOU HAVE PARKING.

I'M JUST TRYING TO PICTURE THAT.

SO, UM, ON AM EMILY'S, UM, PROJECT ON, SO HERE'S WHERE IT'S ILLUSTRATED.

YOU HAVE THE CENTER LINE RIGHT HERE THAT'S STRAIGHT OUTTA THE TRANSPORTATION.

THIS IS, THIS IS THE, THIS IS THE STREET SCAPE MASTER PLAN THAT'S PROPOSED.

SO THIS IS VERY CON THIS IS BASICALLY ADDISON CIRCLE STANDARDS.

OKAY.

YOU'VE GOT A 12 FOOT TRAVEL LANE, EIGHT FEET FOR STREET TREES, AND THEN A 10 FOOT SIDEWALK.

SO THAT WAS REALLY MY QUESTION.

JUST, I JUST VISUALIZING 30 FEET.

SO THAT'S WHAT'S THERE NOW, RIGHT IN EDISON CIRCLE.

GENERAL.

YEAH.

FOR A LOCAL STREET.

YES.

AND THEN AM EMILY'S PROJECT ON, WHAT IS THAT QUORUM? WHAT IS THAT SETBACK? IT'S PROBABLY NOT, NOT THAT THERE, THERE'S PROBABLY A LITTLE MORE LANDSCAPE SETBACK IN, IN THAT IT DOESN'T HAVE QUITE AS URBAN AS AN EDGE IN THAT THERE'S, CUZ THEY HAVE A LOT OF PATIOS ON THE GROUND FLOOR.

UM, BUT AS FAR AS THE SIDEWALK, THIS IS PROBABLY A LITTLE MORE ROBUST IN THE, THE STREET TREE PLANTING AREA.

PROBABLY A LITTLE MORE ROBUST, BUT THIS IS A MORE URBAN EDGE AND, AND YOU WANT A MORE URBAN EDGE ON FESTIVAL WAY VERSUS A, AN ARTERIAL LIKE QUORUM.

OKAY.

AND THEN ON THAT TOPIC, I, I HAVE TO ASK THE TREE.

YEAH.

SO WE REALLY LIKE MY, MY THOUGHT ON THE TREES, YEAH, THEY'RE GREAT FOR THE ENVIRONMENT, BUT REALLY WHAT I LIKE ABOUT IT IS THOSE TREES ARE MATURE, THEY HAVE A CANOPY AND WE'RE GONNA REPLACE IT WITH SOMETHING, YOU KNOW, OBVIOUSLY A LOT SMALLER.

WHAT, WHAT'S THE THOUGHT OF NOT JUST TRYING TO KEEP TREES WITH THAT NICE MATURE CANOPY SO THEY'RE ACTUALLY PROPOSING TO TRANSPLANT? NO, I, I GET ALL THAT RIGHT

[01:00:01]

AND I READ IT AND I KNOW WHERE THEY'RE GONNA GO.

BUT I THINK IF YOU'RE TALKING ABOUT STREET SCAPE, I THINK A MATURE TREE WITH A NICE CANOPY LOOKS MUCH BETTER THAN WHAT YOU MIGHT REPLACE IT.

IT'S, IT'S GREAT THAT THEY'RE REPLACING THAT THEY'RE GONNA TRANSPLANT IT, BUT I, I JUST, WHAT'S THE THOUGHT OF NOT TRYING TO JUST KEEP THE MATURE TREES WHERE THEY ARE? SO THE CHALLENGE IS THAT THE, THE TOWN IS IN A POSITION WITH THE, THE RFP PROCESS THAT WE WENT INTO WHERE WE, WE ADVISED DEVELOPERS TO, TO BE AGGRESSIVE AND, AND TO ACHIEVE BUILDINGS OF GREATER SCALE.

BUT WE HAD A STREET AND FESTIVAL WAY THAT HAD A VERY SUBURBAN CONDITION WITH THE ANGLE PARKING.

THE ANGLE PARKING TAKES UP A LOT OF DEVELOPABLE LAND VERSUS PARALLEL PARKING OR HAVING NO PARKING.

SO FIRST YOU HAD TO GET RID OF THE ANGLED PARKING.

WHEN YOU DO THAT, YOU HAVE, YOU CREATE A GAP BETWEEN THE NEW CURB AND THE EXISTING STREET TREE.

SO WHERE YOU HAVE ESSENTIALLY WHERE THE STREET TREE WOULD NORMALLY BE RIGHT UP AGAINST THE CURB.

YOU HAD THIS, THIS LARGE EXTENDED GAP AND IT JUST MAKES FOR AN AWKWARD URBAN STREET SCAPE.

SO, AND IT'S RESTRICTIVE BECAUSE THEY NEED THE SPACE ANYWAY.

YES.

THEY'RE, AND IT'S ALSO, IT'S ALSO CHALLENGING TO, IF IT WAS, SO THE ARAPAHOE TREES ARE A LITTLE DIFFERENT AND THAT, UM, THEY'RE KIND OF ESTABLISHED AND, AND LIKE, UH, AS PART OF A SIDEWALK, THESE ARE JUST PLANTED AND, UM, IT'S A LITTLE MORE DIFFICULT TO JUST DEVELOP RIGHT UP AGAINST IT.

UM, SO, UH, FESTIVAL WAY WAS JUST A CHALLENGING CONDITION.

OKAY.

SO THAT, THAT MAKES SENSE.

I JUST WANTED TO ASK THE QUESTION.

THANK YOU.

OVER ON THE NORTH WEST CORNER, THERE'S A, A FAIR AMOUNT OF LARGE, VERY LARGE TREES.

CAN I ASSUME THEY'RE ALL GONNA COME OUT, UM, AND PROBABLY NOT.

THEY'RE PROBABLY TOO BIG TO BE TRANSPLANTED AT THE END OF THE DAY.

NET NET.

IS THERE GONNA BE ANY MITIGATION CHARGES OR FEES OR ARE THEY GOING ABOVE AND BEYOND ANYTHING THAT WOULD REQUIRE MITIGATION FUNDS TO BE ESTABLISHED? UH, THEY'RE GOING ABOVE AND BEYOND.

IF FOR INSTANCE, THEY HAD A TREE THAT DID NOT SURVIVE TRANSPLANTING, THEN THEY WOULD EITHER HAVE TO MITIGATE WITH MORE ONSITE PLANTINGS OR, OR PAY INTO THE FUND.

THIS IS WHERE MY LAST ONES ARE.

UH, WHAT, WHAT IS, WHAT DOES THE PARKING GARAGE LOOK LIKE FROM THE RAIL LINE? AS FAR, AS FAR AS THE, THE VIEW OR, YEAH, WHAT, WHAT SOMEONE WOULD SEE.

YOU'RE RIDING THE TRAIN COMING INTO ADDISON CIRCLE.

WHAT THEY WOULD SEE THE, THE OFFICE BUILDINGS WOULD GET, BE OLD, EXISTING OFFICE BUILDINGS ARE GONNA BE IN THEIR WAY.

I THINK THE ONES THAT ARE ON BROADWAY, YOU KNOW, I THINK THEY'RE IN THE WAY.

I GOT A BETTER SEE THE GARAGE.

UM, DENISE, YOUR QUESTION, THERE WAS ONLY ONE, UM, OPPOSITION WAS THE OFFICE THAT WAS THE OFFICE TO THE NORTH OF THE J P PROCESS WAS PROBABLY A LITTLE MORE SELF-SERVING.

YEAH.

UM, AND YOU GUYS HAVE PULLED SOME STATS FOR YOU JUST SO THAT YOU MIGHT FIND INTERESTING.

SO THE SAME DEVELOPER OF ADDISON GROVE BUILT A SENIORS FACILITY AT FOREST IN INWOOD, RIGHT ABOUT THE SAME TIME.

SO I WENT BACK AND PULLED RENTS FROM THE DAY THAT THEY, THEY WERE BOTH OPEN AT THE SAME TIME.

SO ADDISON GROVE OPENED IN DECEMBER, 2019.

FROM THAT TIME UNTIL JANUARY 23, ADDISON GROVE RENTS OF INCREASED 29.5%.

THE SENIORS DEAL HAS DROPPED RENTS 4.4%.

HOW MUCH? SO THAT'S FOUR WHAT? 4%? SO THEY'RE DOWN 12 CENTS, OR EXCUSE ME, SOMETHING LIKE THAT.

A FOOT.

SO JUST SOMETHING TO THINK ABOUT A LOT WHEN ALL THESE PEOPLE REALLY PUSH FOR SENIOR HOUSING IN THE NEIGHBORHOOD.

I MEAN, THAT'S AN AWFUL BIG FACT WHEN YOU HAVE TWO PROJECTS BUILT BY THE SAME DEVELOPER AT THE SAME TIMEFRAME WITHIN RELATIVELY CLOSE TIMEFRAME WITH ONE ANOTHER, WHAT THE ECONOMY HAS REALLY DONE FOR.

SO WHERE'S, SEE WHAT THIS IS LOOKING, SO WHERE'S HAVE ANOTHER VIEW? BUT IT'S ON MY, I I DON'T HAVE ACCESS TO MY DEPARTMENT NETWORK.

I I CAN PUT IT DROP IN THE, WE'RE WE'RE LOOKING SOUTH, RIGHT? SO YOU'RE LOOKING SOUTHEAST.

YEAH.

SO THE, THE STATION IS GOING TO BE RIGHT HERE.

SO YOU WOULD, YOU WOULD CATCH A LITTLE BIT OF A GLIMPSE OF THE PARKING STRUCTURE, BUT IT WOULD LARGELY BE SCREENED BY THE OFFICE.

BUT KEEP IN MIND, WHEN THIS AREA, WHEN THE FULL, UH, DEVELOPMENT BUILDS OUT, THERE WILL BE A PARKING STRUCTURE THAT WILL BE RIGHT AT THE STATION.

WHAT'S ZONED TO THE EAST OF THAT, UH, TECHNICALLY TO THE WEST.

SORRY, TO THE RIGHT OF THAT HOTEL RIGHT WHERE YOU'RE AT.

THAT DIRT.

DIRT THAT'S BOMBING, RIGHT? YEAH.

WHAT IS IT THAT'S GONNA BE A, IT'S AN OFFICE BUILDING UNDER CONSTRUCTION.

IT'S BOMBING IT'S BOMBINGS.

OFFICE BUILDING WE THOUGHT WAS GIVEN THE BACK SIDE OF EVERYTHING ADJACENT TO REAL LINE WILL LOOK LIKE.

I MEAN, I, I, YES.

[01:05:01]

SO I'LL, I'LL SHOW YOU SOME IMAGES ACROSS THE STREET.

THE ENTITLED INDIVIDUAL NO LONGER GO.

YEAH.

YEAH.

THAT ONE BECAUSE HE KNEW PEOPLE.

YEAH.

OKAY.

THAT'S GREAT.

THANK YOU.

SO MY QUESTION IS, ONE OF THE THINGS ON THAT STUDY WAS THAT THEY WANTED FROM THE STATION OR PEOPLE GOING BY ON THE TRAIN TO BE ABLE TO SEE THE, UM, EVENTS GOING ON.

BUT IT LOOKS LIKE THAT ONE BUILDING, YOU KNOW, THERE'S FIVE BUILDINGS AND ONE AT THE END IS BLOCKING ANY VIEW.

WELL, THE MAIN STATION RUNS IN FRONT OF THE RECREATIONAL FACILITY AND YOU'VE GOT SPACES IN BETWEEN.

UH, YOU WILL I SEE IT'S COMING FROM ARAPAHOE.

IT'S AWFUL.

YEAH.

ELEVATED TOO AS YOU'RE COMING DOWN INTO THE PARK AREA.

BUT YOU WON'T SEE VENTS AS YOU'RE PULLING INTO THE STATION BECAUSE OF THAT LARGE, TALLER BUILDING.

BUT YOU WILL AS SOON AS THE TRAIN STOPS, PRETTY MUCH.

NO, I'M SAYING FOR THAT THING WITH THE MURAL ON IT ISN'T THAT ONE? THAT'S THE RECREATIONAL FACILITY.

OKAY.

AND THAT'S ONLY TWO STORIES.

ONE, ONE STORY.

YEAH.

THESE ARE ALL SINGLE STORIES.

TWO STORIES, , IT'S NOT RIGHT.

YOU'RE NOT GONNA BE ABLE TO SEE, EVEN, EVEN IF THERE WAS NOTHING THERE, YOU WOULDN'T BE ABLE TO SEE EVENTS THAT ARE GROUND LEVEL.

WHAT, WHAT I'M TALKING ABOUT WAS KA BOOMTOWN WITH ALL THE FIREWORKS AND STUFF.

BUT FROM WHERE THE TRAIN STATION IS, CUZ I PARKED THERE TO GO TO OCTOBER.

THAT STUFF YOU CAN'T SEE ANYWAY.

EVEN NOW WITHOUT THE FIELD, ALL YOU SEE IS, IS THE CARNIVAL WHEN THEY HAVE THEIR STUFF UP.

BUT YOU REALLY DON'T GET TO SEE THE EVENTS AS FAR AS STUFF GOING ON.

IT'S ONLY THE AREAS.

YOU'LL HAVE SOME VIEW CORRIDORS THROUGH THERE, THROUGH THESE TWO, THOSE TWO PEDESTRIAN PATHWAYS.

BUT REALLY WHAT YOU'RE GONNA SEE IS TREES.

YOU SEE EACH EDGE, A FESTIVAL WAY IS HEAVILY TREATED.

YOU, IT WOULD HAVE TO BE SOMETHING QUITE PROMINENT AND ELEVATED FOR YOU TO SEE IT, UH, DIRECTLY REGARDLESS OF WHETHER THOSE BUILDINGS ARE THERE.

SO LESLIE, GIVE US YOUR FEEDBACK CUZ WHEN I, WHEN YOU PULL INTO THE STATION AT CARROLLTON, IT'S NOT NEAR AS PROMINENT AS THIS GOING TO BE.

AS FAR AS, WOW, THIS IS A, I MEAN THE, THE LANDSCAPING, THE SETBACKS, THE CARROLLTON STATION DOESN'T HAVE ANYWHERE NEAR WHAT THIS, I THINK, FROM WHAT I CAN TELL SO FAR, CARROLLTON REALLY ELEVATED.

AND THEN ON THE NORTH SIDE, IT'S ON THE NORTH SIDE OF BOAT LINE TOO, RIGHT? WHERE THE DOWNTOWN'S ON THE SOUTH SIDE.

YEAH.

OKAY.

WHAT, SORRY, YOU WANT YOUR FEEDBACK ON WHAT SPECIFICALLY? NO, I MEAN, WHEN YOU, WHEN YOU PULL INTO THE STATION AT CARROLLTON, I DON'T THINK IT'S AS IMPRESSIVE AS WHAT THIS IS GONNA MEAN.

NO, NO.

EDISON'S ALWAYS BETTER THAN CAROL'S, BUT THAT'S TRUE.

SO UNRELATED, WELL RELATED TO THIS, BUT DO WE ANTICIPATE A BIG CROWD TONIGHT? SAYS NO.

I SAY YES.

YES.

MY THOUGHT IS THIS ADDISON CIRCLE DEVELOPMENT HAS BEEN, YOU KNOW, PLANNED FOR DECADES.

AND I THINK THERE'S REALLY NOT A WHOLE LOT.

I MEAN, DRIVE IT, THERE'S NOT A WHOLE LOT OF SPACE THERE.

I, YOU KNOW, I I I'M HOPING THESE A PART WHERE PEOPLE ARE SMART ENOUGH TO REALIZE THAT WHAT, WHAT'S BEING PROPOSED HERE REALLY, REALLY, REALLY MAKES SENSE.

YEAH.

I MEAN, BOTH MEETINGS, THIS MEETING AND THAT MEETING IS, IS TELEVISED SO PEOPLE CAN, CAN WALK, UH, OR WATCH FROM HOME.

UM, BUT FOR ME, I LOOK AT IT, IT'S NEVER A BAD THING FOR FOLKS TO COME TO MEETINGS.

CAUSE IT'S, IT, THE MORE PEOPLE THAT TAKE THE OPPORTUNITY TO, TO PARTICIPATE IN, IN GOVERNMENT AND AND TO, TO HEAR ABOUT THE PROJECTS, UH, FROM THE TOWN, IT THAT, THAT'S A GOOD THING.

AND, AND IT'S A CHALLENGING DIALOGUE WE'RE IN RIGHT NOW WITH REGARDS TO HOUSING, BUT IT'S, IT'S THE NATURE OF, OF PLANNING AND, AND, AND THE EVOLUTION OF CITIES IN OUR REGION RIGHT NOW.

IT'S JUST, IT'S A, IT'S A FACT OF LIFE AND AND Y'ALL ARE DOING A GREAT JOB DEALING WITH IT.

AND, AND WE'RE GONNA CONTINUE TO DEAL WITH IT.

AND I THINK IT'S A OPPORTUNITY WORKING THROUGH ALL THOSE ISSUES IS, IS THERE'S A GOOD OPPORTUNITY FOR US TO COME OUT BETTER IN THE END.

SO, UM, IF IF FOLKS COME, UH, Y'ALL WILL BE PREPARED TO RECEIVE THEIR FEEDBACK AND TO ADDRESS IT THOUGHTFULLY.

YEAH.

A LOT OF IT STARTED WITH THE SAM'S CLUB THAT PEOPLE IN MIDWAY MEADOWS FELT THIS SAME CRAMMED DOWN THEIR THROATS.

AND SO A LOT OF THIS STARTED FACT, CITY COUNCIL MEMBERS WERE REPLACED BECAUSE OF THIS WHOLE ISSUE.

YEAH, I THINK, AND, AND THAT'S BEEN SIMMERING FOR A LONG TIME.

AND, AND IT COMES UP EVERY NOW AND THEN.

I THINK WHEN THIS GOT APPROVED JUST A LITTLE WHILE AGO, I THINK ALL OF, SOME PEOPLE ARE LIKE, WE'RE JUST GOING NUTS WITH APARTMENTS.

AND SO I I BUT IT'S STILL DOWN HERE.

I THINK THIS BEING UP THERE ON THE NORTH SIDE, I'M

[01:10:01]

HOPING THAT IT DOESN'T, THERE'S BEEN A RAMP OF EMAILS THE LAST COUPLE WEEKS WAS QUIET OVER THE HOLIDAYS.

BUT THIS, YEAH, I'M JUST LOOKING AT DATES OF WHEN I LAST GOT ONE VERSUS WHAT IT'S BEEN THE LAST TWO WEEKS.

I MEAN, THE WHOLE MONTH OF DECEMBER.

I HARDLY FEEL LIKE I GOT ANY IN JANUARY.

MY QUESTION, MY QUESTION FOR EVERYONE IS, IF WE WERE NOT TO DO A MIXED USE DEVELOPMENT AT THIS LOCATION ELSE, WOULD YOU DO WHAT, WHAT WOULD, WHAT WOULD YOU DO? WELL, AND MY BIG THING IS IS, AND I WROTE IN HERE AND IT'S SAID EARLIER, BUT LIKE, WE DON'T WANT A DART RAIL LIME STATION TO NOWHERE.

I MEAN, THE DEFEAT THE PURPOSE OF HAVING IT, RIGHT? MM-HMM.

, I MEAN, THE BEST TIME TO CAPITALIZE ON THIS LARGE PUBLIC INVESTMENT IN TRANSIT IS RIGHT NOW TO GET A PROJECT GOING.

AT THE SAME TIME.

THE, THE OPPORTUNITY WILL NEVER BE GREATER.

IT'S THE HAVING SOMETHING THAT'S DEVELOPED AND IS A PLACE AND AS A DESTINATION VERSUS, UH, VACANT LAW.

YOU, YOU LEAVE A LOT OF OPPORTUNITY ON THE TABLE THERE.

IT'S JUST, IT'S THE RIGHT APPROACH.

THE TOWN HAS VERY THOUGHTFULLY TAKEN THAT APPROACH FOR DECADES.

THIS IS, THIS IS THE, UH, CRESCENDO OF THAT.

RIGHT? SO YOU'RE GONNA GO THROUGH THE REZONING THING.

I HAVE A COUPLE, AND THEN WE'LL HAVE A MOTION ON THAT AND THEN YOU'RE, AND THEN WE'LL DIVE IN A LITTLE BIT MORE DETAIL ON THE INDIVIDUAL PARTS.

AND YOU'RE GONNA GO THROUGH EACH ONE INDIVIDUALLY.

UM, BUT A LOT OF WHAT WE'VE ALREADY TALKED ABOUT KIND OF ENCOMPASSES A LOT OF THOSE INDIVIDUAL ITEMS. SO THANKS.

WE, THE QUESTIONS WE'VE HAD SHOULD KIND OF ADDRESS SOME OF THAT.

I STILL, I HAVE TWO MORE QUESTIONS.

ONE IS, THIS IS GONNA BE A REALLY NOISY PLACE WITH THE TRAINS AND AIRPORTS.

LIKE DO, IS THERE SOMETHING IN THE ZONING OR SOMETHING IN THE REQUIREMENTS FOR THAT? THE BUILDING MATERIALS? LIKE I SAW THE, THE MATERIALS LISTED, BUT IT DOESN'T, THERE ARE REQUIREMENTS BUT IT MEETS, I MEAN THERE'S A NOISE BAY AREA, BUT THEY'RE OUTSIDE THE NOISE MENT AREA.

YES.

I WOULD THINK THE WINDOWS ARE MORE OF AN EXTRA SOUNDPROOF TECHNOLOGY ON THE LIGHT.

RIGHT? THE NORMAL KEEPS SOMEONE GETTING BETTER AND BETTER.

YEAH.

WELL I LIVED IN THOSE APARTMENTS AND WHEN MY WINDOWS WERE CLOSED, I DIDN'T HEAR THE AIRPORT WHEN THEY OPENED HIM.

I REALLY HEARD THE AIRPORT.

RIGHT.

YOU KNOW, UM, BUT OTHER PEOPLE LIKE IN THE YELLOW APARTMENTS, SO THE BUILDING THE BUILDING CODE, THEY COULD HEAR IT WITH THEIR WINDOWS CLOSED.

THEY COULD ALWAYS HEAR IT.

SO THAT'S WHAT I'M JUST WONDERING IF THERE'S AN ADDED, THE BUILDING CODE DOES REQUIRE, UH, UH, SOUND, UH, ATTENUATION, UH, STANDARDS TO BE APPLIED TO, TO NEW CONSTRUCTION.

UM, DOES THE AIRPORT HAVE ANTI FLY ZONE TIMES? I MEAN, LIKE, LIKE JOHN WAYNE, YOU CAN'T DO IT AFTER 10 O'CLOCK AT NIGHT.

NO.

AIRPORT DON'T HAVE ANY OF THAT.

NOT THERE'S FAR LESS, UH, ACTIVITY IN THE EVENING.

BUT, UH, THERE, IT, IT IS OPEN IN THE EVENING.

SO YOU THINK THAT THE MATERIALS THAT THE CODE ADDRESSES, BOTH THE TRAIN AND THE AIRPORT, THAT AND THAT AND THE MARKET, BECAUSE THE TRAIN WOULD BE NEW, A NEW NOISE.

AND YOU CAN SEE, UM, WITH, UH, HOW THEY'VE, UH, ORIENTED THEIR BUILDINGS.

MM-HMM.

SEE THAT THEY REALLY DON'T HAVE ANY BALCONIES.

PATIOS, UM, HAVE A LARGE SECTION, UH, ADJACENT TO, DIRECTLY ADJACENT TO THE TRAIN WHERE THEY DON'T EVEN HAVE ANY UNITS.

SO THEY ARE PLANNING FOR THAT, UM, IN HOW, NOT ONLY HOW THEY'RE ORIENTING AND PROGRAMMING THE BUILDING, BUT ULTIMATELY, UH, WITH THEIR CONSTRUCTION STANDARDS, THEY'LL HAVE TO, UH, ADDRESS, UH, THE AIRPORT NOISE OF THE TRAIN NOISE.

AND THEN THE OTHER IS THE INFRASTRUCTURE.

AND I UNDERSTAND THAT WE PUT IN THE INFRASTRUCTURE IN ANTICIPATION OF THIS YEARS AGO, BUT AMK, WHEN THEY PUT THEIRS IN, THEY HAD TO, THEY KNEW THEY HAD TO WIDEN THE PIPE, BUT THEN THEY FOUND IT WAS REALLY OLD TOO AND THEY HAD TO DO MUCH MORE.

UH, IS SOMETHING TO ADDRESS THAT IN THIS, CUZ THIS IS CITY OWNED PROPERTY, RIGHT? ARE WE GONNA HAVE TO DO THAT? ARE THEY, OR DO WE NEED TO ADD THAT OR? SO THE MOU ADDRESSES TERMS FOR, UH, COST SHARING ON INFRASTRUCTURE.

UH, THE TOWN'S, UH, TRADITIONAL ECONOMIC DEVELOPMENT APPROACH HAS BEEN TO PARTICIPATE IN PUBLIC INFRASTRUCTURE LARGELY ON PROJECTS LIKE THIS.

UH, WE DO HAVE SOME INCENTIVES DIRECTED, UH, ON THIS PROJECT TOWARDS, UH, OFFICE, UH, DEVELOPMENT SPECIFICALLY TO GET THEM TO BUILD THE BUILDING SPECULATIVELY, UH, VERSUS WAITING FOR PRE-LEASING.

BUT LARGELY THE TOWN'S PARTICIPATION IN THIS PROJECT, UH, ECONOMICALLY RELATES TO, UH, PARTNERING ON INFRASTRUCTURE COSTS.

SO, UM, THERE IS ESSENTIALLY IN THE M MOU, THERE IS CAPS ESTABLISHED, UH, FOR HOW MUCH THE DEVELOPER HAS TO PAY FOR INFRASTRUCTURE.

AND THEN ABOVE AND BEYOND THAT, UH, WHICH WILL BE WORKED OUT, UH, BETWEEN THE ZONING AND THE FINAL AGREEMENTS, THE TOWN WOULD PARTICIPATE.

KEN, I WOULD JUST ADD, THERE WAS A STUDY DONE,

[01:15:01]

UH, PRIOR TO THE RFP GOING OUT TO THE ENGINEERING FOLKS, PUBLIC WORKS FOLKS HAD A STUDY PERFORMED, UH, JUST FOR THE CAPACITY OF THE, UH, SANITARY SEWER AND WATER AND EVERYTHING.

AND IT WAS FOUND TO BE SUFFICIENT, UH, FOR ADDITIONAL DEVELOPMENT IN THIS AREA.

THAT WAS CAPACITY, BUT IT WASN'T LIKE AGE OR THAT'S CRUMBLING.

IT WAS LOOKING AT, IS THERE, IT'S A SEWER LINE BIG ENOUGH TO MM-HMM.

, YOU KNOW, ACCOMMODATE 700 ADDITIONAL UNITS, THAT TYPE OF THING.

THAT WAS ONE OF THE THINGS THAT I HAD IN MY NOTES TO BRING UP TONIGHT.

WILL YOU GO INTO SOME DETAIL ABOUT THAT IN THE PRESENTATION? BECAUSE I JUST KNOW, JUST REMEMBER HEARING FROM PEOPLE, YOU KNOW, HOW IS THIS GOING TO AFFECT MY SERVICES? SO I JUST THINK THAT TO, I MEAN THAT'S SOMETHING THAT PEOPLE JUST KIND OF GLOSS OVER, YOU KNOW, SOME PEOPLE, IF WE MAYBE JUST EMPHASIZE IT A LITTLE BIT.

YEP.

WE, WE CO WE HAVE A SLIDE ON, ON THAT COVER.

OKAY.

I DON'T KNOW IF IT'LL COME UP FROM THE PUBLIC, BUT THERE'S BEEN A FAIR AMOUNT OF, OF PARTICULAR CRIME IN THE PETROV AREA.

SO SOMEBODY MAY ASK, WHAT ARE WE GONNA DO TO MAKE SURE THAT THAT CRIME DOESN'T OH YEAH.

POP UP UP HERE.

AND IN THIS PARTICULAR AREA, THIS PROJECT IS, IS REALLY THE BEST THING YOU CAN DO FOR THAT.

HAVING, HAVING AN ACTIVE AREA VERSUS IT BEING VACANT RIGHT AT THE EDGE OF A TRANSIT STATION THAT EYES ON THE STREET ARE, ARE, ARE IS THE BEST THING YOU CAN DO FOR, FOR THAT.

BEEN QUIET ZACH SOAKING IT ALL IN.

JUST WANNA REMIND EVERYBODY, ASK QUESTIONS OF THE DEVELOPER, THE APPLICANT AND CAN AND STAFF DON'T GET INTO THE BASE WITH THE PUBLIC.

UM, I'M SORRY, GO AHEAD.

I'M NOT, UM, IN OUR MEETING WHENEVER IT WAS, UM, THE ORGANIZATIONAL MEETING WHEN WE WERE TALKING ABOUT HAVING THIS, WE TALKED ABOUT, AND I KNOW WE'VE HAD A LOT OF GOOD QUESTIONS AND, AND DISCUSSION TODAY.

IN YOUR MIND, WE, WE, WE TALKED ABOUT TAKING OPPORTUNITY TO PERHAPS EDUCATE SOME, UH, OF THE INTERESTED PARTIES.

IN YOUR MIND, WHAT ARE THE, WHAT ARE THE AREAS MOST IMPORTANT THAT WE, THAT WE MIGHT TRY TO GET SOME OF THAT EDUCATIONAL INFORMATION AND IDEAS AND THOUGHTS AND REALITY OUT TO THE PUBLIC? I MEAN, WE HAVE AN OPPORTUNITY TONIGHT IF PEOPLE SHOW UP TO DO SOME OF THAT.

I THINK THE, FOR, FOR FOLKS THAT WOULD BE CONCERNED ABOUT A PROJECT LIKE THIS, THEY WOULD, THEY'D PROBABLY, THEIR, THEIR, THEIR CONCERNS WOULD PROBABLY BE SOMETHING EFFECTIVE.

AS, AS, GOSH, WE HAVE A LOT OF HOUSING IN IN THIS AREA.

WHY AREN'T WE DOING MORE OFFICE? OR WHY AREN'T WE DOING MORE SENIOR HOUSING? AND I, I THINK IT'S, IT'S VERY IMPORTANT TO NOTE THAT BOTH OF THOSE USES, UH, PARTICULARLY OFFICE NOW, UM, SENIOR HOUSING AS WELL.

IT'S A VERY SENSITIVE MARKET.

UM, WHERE NEW OFFICE IS BEING DEVELOPED.

IT'S PRIMARILY IN MIXED USE ENVIRONMENTS, LIKE WHAT'S PROPOSED HERE.

SO YOU'RE NOT HAVING A LOT OF, PARTICULARLY WHEN YOU GET SOUTH OF FRISCO AND, AND EVEN PLANO, YOU'RE NOT GETTING A LOT OF FREESTANDING OFFICE DEVELOPMENT CUZ GENERALLY WE HAVE A LOT OF EXCESS CAPACITY.

NOW SOME OF THAT IS, IS JUST COMING FROM, UH, AGING DEVELOPMENT, BUT UH, ALSO COMING OUT OF THE PANDEMIC TOO, WHERE OUR, UH, WORK TRENDS ARE, ARE CHANGING.

SO JUST BUILDING A BUNCH OF OFF 12 STORY OFFICE BUILDINGS IN THIS AREA ON THE MARKET DOESN'T SUPPORT IT.

UH, SO, UH, WE STILL WANT OFFICE OF COURSE.

SO HOW CAN WE LEVERAGE OTHER USES LIKE HOUSING TO, TO ACHIEVE THAT GOAL? SO IN THE COMMERCIAL WORLD, I MEAN THE THING IS THE TWO TWO PRODUCT TYPES THAT ARE RECESSION PROOF ARE APARTMENTS AND INDUSTRIAL.

AND I DON'T KNOW THAT YOU WANT A BUNCH OF TRUCKS KILL INTO THIS AREA EITHER.

AND I, I THINK THE OTHER THING IS DEMOGRAPHICS.

UM, CERTAINLY, UM, SENIOR HOUSING AND AGE RESTRICTED HOUSING IS, IS POPULAR FOR SENIORS.

BUT ALSO HAVING A FIRST CLASS HIGHLY AMENITIZED AREA LIKE THIS ADJACENT TO ONE OF THE BEST PARKS, IF NOT THE BEST PARTS, UH, IN OUR METROPLEX.

UM, AND UH, SUPPORTED BY SOME NEW RETAIL AMENITIES.

BEAUTIFUL STREET, SKATE, EMPLOYMENT, A TRANSIT STATION.

IF I'M A SENIOR, I DON'T CARE IF THAT TOWER IS IS AGE RESTRICTED OR NOT.

IF IT'S ATTRACTIVE

[01:20:01]

TO ME, I'M GONNA LIVE THERE.

IT'S GOING TO HAVE EVERYTHING I NEED AS A SENIOR TO LIVE THERE, THERE COM QUITE COMFORTABLY.

SO, UH, JUST UNDERSTANDING THAT THE QUALITY THAT WE ACHIEVE HERE IN ADDISON IS ATTRACTIVE TO MANY DIFFERENT DEMOGRAPHICS IS, IS VERY IMPORTANT.

AND WE HAVE AN OPPORTUNITY TO ACHIEVE AN EXCEPTIONAL PROJECT THAT GOES ABOVE AND BEYOND MOST TRANSIT AREAS IN OUR, IN OUR REGION.

WE DON'T HAVE THE LARGE CORPORATE RELOCATION THAT CITY LINE IS CUZ WE'RE NOT RIGHT AT THE INTERSECTION OF TWO MAJOR EXPRESSWAYS.

BUT THE QUALITY, THE EXPERIENCE THAT YOU'RE GOING TO ACHIEVE WHEN YOU GET OFF THAT, THAT TRAIN IN ADDISON IS GOING TO ECLIPSE MOST AREAS, IF NOT ALL.

WELL WHAT I HEAR FROM THAT IS SOMETHING THAT I WOULD LIKE TO HEAR AT THE MEETING.

THERE'S A LOT OF INFORMATION, DETAILED INFORMATION THAT WE GET IN HERE, YOU KNOW, ABOUT PARKING, YOU KNOW, ABOUT MATERIALS, ABOUT SOUND, ABOUT INFRASTRUCTURE AND ALL OF THAT.

WE HAVE STAFF, UH, AND TWO GREAT, GREAT DEVELOPERS THAT ARE ATTENDING TO THAT THIS, THAT TYPE OF INFORMATION, YOU KNOW, AND UH, STATEMENT COMING FROM SOMEBODY AS YOURSELF, UM, I THINK PLAYS VERY, VERY WELL TO THE EDUCATION OF, OF THE PUBLIC.

I I WOULD, I WOULD LIKE TO HEAR BASICALLY JUST WHAT YOU SAID.

OKAY.

AND TO THAT POINT, UM, I WAS TALKING TO SOME PEOPLE ABOUT DEVELOPMENT GENERALLY.

WE WERE TALKING ABOUT HOW APARTMENTS ARE THE NEW OFFICE, BUT YOU KNOW, CUZ PEOPLE ARE WORKING FROM HOME.

SO A LOT OF THE NEW BUILDINGS ARE BUILDING IN THINGS THAT MIGHT BE IN AN OFFICE, YOU KNOW, BIGGER OFFICE SPACES.

AND I THINK HAMLEY WAS TALKING ABOUT THEY WERE PUTTING, THEY WERE STARTING TO PUT IN PODCAST STUDIOS IN THEIR BUILDINGS AND UM, MAKE MAKER SPACES AND STUFF.

DO WE KNOW ABOUT THAT? BECAUSE I THINK THAT TOO, TO SAY THE REASON WE DON'T HAVE OFFICES IS THE APARTMENTS ARE BRINGING IN A LOT OF THOSE AMENITIES FOR PEOPLE WHO WORK IN FROM HOME.

I DON'T KNOW IF THIS ONE HAS THOSE, BUT I'M JUST WONDERING IF THERE'S SOMETHING THIS, THIS WILL BE, THESE WILL BOTH BE AT THE UPPER END OF THEIR OFFERINGS, UH, PARTICULARLY IN THE REGION.

SO I I'M SURE THAT THEY WILL HAVE SPACES LIKE THAT.

I'LL DEFER IF THAT WOULD BE A GOOD QUESTION FOR YOU TO TEE UP TO THEM.

THEY'RE GOING TO PARTICIPATE.

AND ONE THING I WANNA, I DO WANNA HIGHLIGHT WITH THE CO-DEVELOPERS, UM, WE'RE FORTUNATE IN THAT WE HAVE TWO, UH, EXPERTS IN THEIR RESPECTIVE FIELDS, UM, FOR OFFICE DEVELOPMENT.

THEY KNOW THIS MARKET BETTER THAN EVERYONE.

THEY'RE GOING TO ACHIEVE A HIGH QUALITY OFFICE PROJECT AM SAME THING EXTENDS TO THEM FOR THE RESIDENTIAL.

THEY'RE EVENTUALLY GOING TO PARTNER WITH A RETAIL ENTERTAINMENT OPERATOR AND DEVELOPER TO ACHIEVE WHAT NEEDS TO BE ACHIEVED AT THAT PROPERTY.

SO WE'VE GOT REALLY BEST IN CLASS FOLKS WHO ARE JUST EXTREMELY WELL SUITED TO EXECUTE THIS PROJECT AND UNDERSTAND THE CONDITIONS THAT, UH, REALLY SET THE TONE FOR THIS PROJECT.

SO WE'RE, WE ARE VERY FORTUNATE TO PARTNER WITH THIS GROUP.

ANYTHING ELSE TO TONIGHT'S WORK SESSION? SO WE'RE NOT GONNA GO ALL THROUGH THIS AGAIN.

I'M JUST GONNA ASSUME TO KIND OF, IF ANYONE HAS ANY OTHER QUESTIONS YOU'VE THOUGHT ABOUT BETWEEN NOW AND FIVE 30.

OTHERWISE IT'S GONNA BE A PRETTY SHORT WORK SESSION.

IS THAT KIND OF WHY EVERYBODY ELSE SEES IT? I'M PROBABLY NOT GONNA ASK FOR STATUS UPDATE ON PROJECTS, SO I'M NOT GONNA, NOT A DEBATE ON CHAIR AND VICE CHAIR , I'M, WE'RE GONNA NEED SPEECHES AND STATEMENTS OF QUALIFICATIONS.

YEAH.

ONLY NEED ABOUT 45 MINUTES.

OTHERWISE, I THINK WE'RE NOTHING ELSE.

WE'RE ADJOURNED.

THANK YOU.