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[1. Call Meeting to Order]

[00:00:06]

25 AND I, UH, THIS IS THE BEGINNING OF THE PLANNING AND ZONING COMMISSION WORK SESSION.

UM, LESLIE, I'LL TURN IT OVER TO YOU.

YEAH, THANK YOU.

UM, ALL RIGHT, SO

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

THE FIRST ITEM IS JUST A STATUS UPDATE ON RECENT CASES OR PLANNING POLICY ITEMS. SO, UM, A CO JUST A COUPLE OF UPDATES.

THE, UH, UNIFIED DEVELOPMENT CODE ZONING MAP WENT TO CITY COUNCIL, UM, EARLIER THIS MONTH ON THE 12TH, I THINK.

UM, AND THAT HAS BEEN, UH, APPROVED BY COUNCIL SO THAT THE UDC WILL TAKE EFFECT ON SEPTEMBER 1ST.

AND THEN THE OTHER ITEM I WANTED TO MENTION IS, UM, THERE WERE SOME SCHEDULING CONFLICTS WITH THE NOVEMBER PNZ MEETING, UM, DUE TO THE VETERANS DAY HOLIDAY AND THEN THANKSGIVING.

SO, UM, WHAT THAT MEANS IS, UH, COUNCIL'S TWO MEETINGS A MONTH, THE SECOND AND FOURTH, UM, TUESDAY, THE FIRST TUESDAY FELL ON VETERANS DAY, WHICH IS A TOWN HOLIDAY.

AND THEN THE, UH, SECOND MEETING, WHICH IS THE 25TH FELL TWO DAYS BEFORE THANKSGIVING.

SO THEY, UM, ELECTED TO TAKE OUR MEETING DAY ON THE 18TH.

SO WHAT THAT MEANS IS WE WILL, UM, EITHER RESCHEDULE OR POTENTIALLY, UM, CANCEL THAT NOVEMBER MEETING.

UM, SO RIGHT NOW WE ARE GETTING SOME POTENTIAL DATES FOR THAT AND WE WILL SEND, UM, PROBABLY LIKE A SURVEY MONKEY OUT TO JUST, UM, GET AVAILABILITY FROM YOU ALL BEFORE WE SET THAT.

UM, BUT WE'LL, AND WE'LL ALSO DO A LITTLE BIT, UM, OF DIGGING TO SEE WHAT CASES WE MIGHT HAVE ON THE AGENDA AS WELL TO SEE WHAT OUR CASELOAD LOOKS LIKE.

SO, UH, THAT EMAIL WILL BE COMING FROM US PROBABLY HERE LATER THIS WEEK OR EARLY NEXT WEEK.

SO, UM, THIS JUST JUST CAME UP LAST WEEK, SO WANTED TO LET YOU ALL AWARE.

SO, UH, IF YOU, WE WILL SEND OUT A CANCELLATION FOR OUR REGULARLY SCHEDULED MEETING FOR NOVEMBER 18TH AND PENDING A NEW MEETING OR A RESCHEDULE TO FOLLOW.

AND THEN DID YOU GET THE, DID WESTWOOD OPEN UP LIKE WESTWOOD SCHOOL, UHHUH, ? UM, NO, THEY HAVE NOT.

OKAY.

I JUST KEEP SEEING OLDER KIDS WALKING SOMEWHERE ELSE IN THE MORNING, SO I WAS CURIOUS WHERE THEY WERE GOING.

UH, GO SCROLL TO THE BOTTOM.

ALRIGHT.

YEAH.

[2. Status update, announcements, and discussion on the Comprehensive Plan, Advance Addison 2050. ]

OKAY.

AND THEN THE NEXT ITEM IS, UH, JUST A STATUS UPDATE OR SCHEDULE UPDATE ON THE COMPREHENSIVE PLAN ADVANCE ADDISON 2050.

SO THE WHOLE PROJECT HAS ESSENTIALLY BEEN PUSHED TWO MONTHS FROM TWO MONTHS AGO, .

SO WE WERE GONNA BRING THIS FORWARD AT THE PREVIOUS MEETING, WHICH WAS JULY.

AND THEN TONIGHT, HOWEVER, UM, DUE TO SOME CIRCUMSTANCES, UM, AND DIRECTION FROM UM, SYDNEY MANAGER'S OFFICE, WE'VE PUSHED IT TWO MONTHS.

AND SO WHAT THAT MEANS IS WE ARE PLANNING TO GET THE, UM, BRING THIS BACK TO YOU FOR DISCUSSION AT THE SEPTEMBER MEETING.

AND SO WE WILL BE OPENING THE REVIEW SHORTLY.

UM, THAT DATE SAYS TODAY, UM, I CHECKED IN AND WE'RE STILL GETTING REVIEW COMMENTS, SO IT'S GONNA BE IN A FEW DAYS.

UM, BUT WE'LL STILL, UM, GIVE YOU ALL AMPLE TIME TO REVIEW THE DOCUMENT, UM, PRIOR TO OUR SEPTEMBER 16TH DISCUSSION.

UM, FOLLOWING THAT, THE SCHEDULE'S THE SAME AS IT WAS ALWAYS IN INTENDED, JUST THE DATES PUSHED.

UM, SO WE'LL SEND THIS OUT VIA EMAIL AS WELL.

WE'LL ALSO MAKE SURE IT GETS DROPPED ON YOUR ONEDRIVE.

UM, BUT I WANNA BE TRANSPARENT 'CAUSE WE'VE SAID NOW FOR THE LAST TWO MONTHS THAT WE ARE GONNA HAVE A CONVERSATION AND WE HAVE NOT, UM, GOTTEN AROUND TO IT.

UM, BUT WE ARE STILL WORKING IN THE BACKGROUND.

SO ANY QUESTIONS ON THAT PROJECT? ALRIGHT, THANK YOU VERY MUCH.

YOU PULL BACK THE PRESENTATION AND THEN ITEM THREE

[3. Discussion regarding items on the agenda for the August 19, 2025 Planning and Zoning Commission Regular Meeting: July 15, 2025 Planning and Zoning Commission Meeting Minutes. Development Plan Approval for construction of an airplane hangar and office at 15500 Wright Brothers Drive (Case AZR2025-0061). Rezone a property from Planned Development District (PD, Ordinance No. 079-517) to a new Planned Development (PD) district with use and development standards for multifamily residential and associated private open space and common areas (Case 1925-Z).]

IS JUST DISCUSSION ON ZONING ITEMS, UM, ON TONIGHT'S AGENDA, REGULAR AGENDA.

THE FIRST IS THE JULY 15TH, UM, PNZ MEETING MINUTES.

ARE THERE ANY COMMENTS OR CORRECTIONS ON THOSE? OKAY.

AND THEN THE NEXT IS A DEVELOPMENT PLAN APPROVAL FOR A NEW, UM, HANGAR AT, UH, UH, 1 5 5 0 0 WRIGHT BROTHERS DRIVE.

UM, THIS, JUST A LITTLE BIT OF BACKGROUND ON THIS PARTICULAR, THIS IS A PRIVATE PROPERTY, BUT IT HAS ACCESS TO THE AIRPORT AND THE AIRPORT ACTUALLY APPROVED A, AN ACCESS AGREEMENT.

SO THIS HANGAR WILL HAVE DIRECT ACCESS TO A TA, THE TAXIWAY, AND ULTIMATELY THE RUNWAY.

UM, AND THEY DID HAVE TO GET, UM, A APPROVAL FOR A SETBACK VARIANCE VIA THE BOARD OF ZONING ADJUSTMENT, WHICH WAS APPROVED LAST MONTH.

UM, AND SO THAT WAS KIND OF ONE

[00:05:01]

OF THE FINAL ITEMS THEY WERE, UH, THAT WAS PENDING ON THAT PARTICULAR PROJECT.

THEY DID RECEIVE CONDITIONAL APPROVAL FROM STAFF PENDING, UM, THE BZA HEARING, WHICH ULTIMATELY WAS APPROVED, WHICH IS WHY IT'S ON, UM, TONIGHT'S AGENDA.

UM, THIS ALSO INCLUDES A SMALL OFFICE SPACE AS WELL IN THE FRONT, SOME KIND OF LOUNGE AREA, UM, FOR PILOTS AND, AND VISITORS AND SO FORTH.

AND THEN IT PRIMARILY, UM, HANGAR SPACE AND WILL BE USED FOR THE STORAGE OF PRIVATE AIRCRAFT.

SO IT'S ON THE CONSENT AGENDA.

ANY QUESTIONS ON THAT? YEP, I HAVE JUST A QUICK ONE.

DO WE HAVE ANY SECURITY REVIEW OF A PROPERTY LIKE THAT WITH POLICE SINCE IT'S A PRIVATE PROPERTY WITH ACCESS? ARE THERE ANY OTHER PROCEDURES WE USE? YOU MEAN YOU MEAN SPECIFIC TO THE AIRPORT? YES.

YEAH, SO IT HAS TO GO THROUGH, UM, THEY HAVE TO GET AN ACCESS AGREEMENT THROUGH THE AIRPORT.

SO THERE ARE, THERE ARE VARIOUS STEPS OF APPROVAL INCLUDING THE FAA, UM, AND OUR AIRPORT STAFF FOR THEM TO DO THAT.

YEAH.

AND IT, IT, SO THEY'VE BEEN APPROVED, BUT IT'S, IT'S PENDING A CERTIFICATE OF OCCUPANCY.

SO, UH, RIGHT NOW, UM, OBVIOUSLY THEY DON'T HAVE ACCESS AND THEY CANNOT OBTAIN ACCESS UNTIL THE, THE PROJECTS IS COMPLETE.

DO YOU HAVE A QUESTION? SORRY, I JUST HAD ONE QUICK QUESTION.

SURE.

SO REMIND ME MM-HMM .

BZA, THEY CAN, THEY CAN GO TO BZA BY ANY, SOMEBODY CAN COME TO, TO COME TO US AND SAY, I WANT TO PUT THE, BRING US IN FRONT OF BZA INSTEAD OF COMING THROUGH P AND Z AND COUNCIL.

UM, NO.

SO, UM, THE BOARD OF ZONING, SO WE ACTUALLY HAVE TWO BOARDS.

THIS GETS A LITTLE CONFUSING.

SO WE HAVE THE BOARD OF APPEALS, WHICH HERE HEARS APPEALS OF, UM, INTERPRETATIONS FROM STAFF, AND THEN WE HAVE THE BOARD OF ZONING ADJUSTMENT THAT, UM, MAKES DETERMINATIONS ON VARIANCE AND, UH, SPECIAL EXCEPTION REQUEST.

AND SO REALLY THE WHATEVER'S IDENTIFIED IN THE CODE THAT THEY CAN SEEK A SPECIAL EXCEPTION FOR IS VERY SPECIFICALLY IDENTIFIED AND THAT THE CRITERIA ARE VERY, UM, DEFINED.

AND THEN A VARIANCE IS ESSENTIALLY YOU CAN, UM, SEEK A VARIANCE ON, ONCE AGAIN, ANYTHING THAT'S DEFINED, BUT IT'S MUCH MORE BROAD.

SO IN THAT PARTICULAR CASE, IT WAS A SETBACK.

UM, THE SIDE YARD SETBACK, UH, WAS, UM, BECAUSE IT WAS A CORNER, IT'S A CORNER LOT.

AND SO THEY HAD TWO FRONT YARDS, A 25 AND 25.

AND THE, UM, KIND OF JUST THE UNIQUENESS OF THAT PARTICULAR LOT IS THE, UM, WILEY POST, WHICH WAS THE SIDE DIRT SETBACK, REALLY FUNCTIONED AS AN ALLEY BECAUSE IT JUST PROVIDED ACCESS INTO A, THE AIRFIELD, WHICH WASN'T ACTUALLY LIKE IT'S USED FOR MAINTENANCE AS NEEDED.

SO IT WAS NOT REALLY FUNCTIONING AS A, UM, PUBLIC RIGHT OF WAY, WHICH IT IS DESIGNATED.

SO IN, IN THE, IN THE DOCUMENTS THERE YOU WERE, THEY WERE TALKING ABOUT THERE'S NOT A LOT OF ROOM FOR THE AC EQUIPMENT AND THEY SAID IT HAD TO BE AT THE SET AT THE FRONT OF THE BUILDING.

IS THAT MM-HMM .

WHILE THEY POST, OR IS IT SO THE, IT'S ADDRESSED OFF OF WRIGHT BROTHERS.

SO THAT'S TECHNICALLY IN THE FRONT, BUT BECAUSE IT'S A CORNER LOT, OUR, UM, SETBACK STANDARDS SAY THAT ESSENTIALLY IF YOU ARE IN A CORNER LOT, YOU HAVE A 25 FOOT FRONT YARD SETBACK, BUT THEN YOU ALSO HAVE A 25 FOOT SIDE YARD SETBACK OR TWO FRONT YARDS ON THE SAME.

SO, UM, BUT ONCE AGAIN, A VARI, THE VARIANCES THAT BZA CAN HEAR ARE ALSO DEFINED.

THEY CAN'T LAND USE VARIANCES ARE NOT ALLOWED.

SO, SO IF SOMEONE COMES TO YOU AND SAYS, I WANT AND ZONING ENTITLEMENTS FOR AN OFFICE BUILDING AND YOU DENY IT, OR COUNSEL ULTIMATELY DENIES IT, THEY CAN'T GO TO BZA AND SAY, CAN I GET A VARIANCE TO PUT AN OFFICE BUILDING? UM, THEY CANNOT CONSIDER LAND USE VARIANCES.

THAT'S ACTUALLY A STATE LAW.

SO YEAH.

ANY OTHER QUESTIONS? ALRIGHT, MOVING ON TO THE NEXT ITEM.

SO THE NEXT ITEM IS OUR ONLY PUBLIC HEARING THIS EVENING.

AND THIS IS A REZONING REQUEST FOR, UM, THE PRINCETON OFFICE BUILDING.

UM, IT'S CURRENTLY ZONED PLAN DEVELOPMENT TO A NEW PLAN DEVELOPMENT FOR A MULTIFAMILY, UM, PROJECT.

I WANT TO NOTE, UM, THAT, AND I SENT THIS OUT VIA EMAIL NOT LONG AGO THAT THE APPLICANT DID REQUEST A, UM, POSTPONEMENT INDEFINITELY OF THIS ITEM.

HOWEVER, THIS ITEM HAS BEEN PUBLISHED AND NOTICED.

SO THIS, UH, THEY SENT THIS, UM, I'M GONNA SAY MODIFIED REQUEST TO POSTPONE INDEFINITELY AFTER THE PACKET HAD ALREADY BEEN PUBLISHED ON FRIDAY.

UM, AND SO IN THE

[00:10:01]

CASE THAT WE MAY HAVE, UH, WHETHER IT'S RESIDENTS OR OTHERS, UM, WHO HAVE AN INTEREST IN THIS PROJECT THAT WILL, UM, COME TO THE MEETING THIS EVENING, UM, STAFF IS GONNA PROCEED ON AS TYPICAL, UH, WITH THE PRESENTATION.

UH, WE WILL NEED TO HOLD A PUBLIC HEARING.

'CAUSE ONCE AGAIN IT WAS NOTICED.

UM, BUT THE APPLICANT AND AND STAFF'S RECOMMENDATION HAS GENERALLY REMAINED THE SAME BASED UPON THE APPLICATION OR IT HAS REMAINED THE SAME BASED UPON THE APPLICATION, WHICH IS DENIAL.

UM, HOWEVER, THE APPLICANT HAS REQUESTED A POSTPONEMENT INDEFINITELY.

SO JUST WANNA SHARE THAT BEFORE WE GET STARTED.

UM, AND SO JUST, I'M GONNA SKIP AHEAD HERE.

I WENT TOO FAR.

SO JUST, UH, A COUPLE OF REMINDERS, UM, THAT THIS REQUEST ACTUALLY CAME BEFORE YOU, THE FIRST TIME IN JUNE, AND THEY HAD ASKED AT THAT TIME FOR A TWO MONTH POSTPONEMENT INTO, TO THIS MEETING TONIGHT, TO THE AUGUST MEETING IN ORDER TO WAIT FOR THE FINAL DETERMINATION FOR THEIR OUTSTANDING ENTITLEMENTS IN FARMER'S BRANCH.

UM, THIS THERE, THE FARMER'S BRANCH PORTION, WHICH IN THIS PARTICULAR RENDERING IS, UM, THIS ADDITIONAL THREE STORIES YOU SEE, UM, IN THE BACK OF THAT IMAGE THAT WENT TO THE FARMER'S BRANCH CITY COUNCIL ON AUGUST 5TH.

AND THEY DID, UH, RECEIVE, UM, ENTITLEMENTS FOR 135 MULTIFAMILY UNITS ON TOP OF THE EXISTING FIVE STORY PARKING GARAGE.

SO THAT PORTION IS APPROVED.

UH, ONCE AGAIN, THAT'S IN FARMER'S BRANCH.

UM, THEY, HOWEVER, CURRENTLY DO NOT HAVE ENTITLEMENTS FOR THE ADDISON PORTION, UH, WHICH IS THE, UM, THE VAST MAJORITY OF THE, THE MULTIFAMILY UNITS IN THIS PARTICULAR INSTANCE.

UM, 'CAUSE THE, THE FAR THE ADDISON SIDE, EXCUSE ME, IS 400 MULTIFAMILY UNITS.

AND THE FARMER'S BRANCH IS 1 35, UH, FOR A TOTAL OF 5 35.

UM, SO THIS KIND OF DEFY DEFINES THE, UM, EXISTING TOWN LIMIT LINE OR TOWN BOUNDARY BETWEEN FARMER'S BRANCH ON THE LEFT HAND SIDE AND ADDISON ON THE RIGHT.

UM, ONCE AGAIN, THIS PARTICULAR PROPERTY IS SPLIT, IT IS SPLIT TODAY THIS WAY.

UM, THE EXISTING OFFICE BUILDING, WHICH IS IN THE BALLPARK OF 375,000 SQUARE FEET, HAS A FLOOR PLATE OF AROUND 60,000.

UM, IT EXISTS TODAY.

IT WAS BUILT IN THE EARLY EIGHTIES AND IT CURRENTLY IS SERVED BY THE EXISTING FIVE STORY PARKING GARAGE THROUGH A PRIVATE, UM, PARKING AGREEMENT VIA DEED RESTRICTIONS.

SO, UM, THAT IS KIND OF, IT IS A VERY UNIQUE SCENARIO.

WE DON'T HAVE ANO A LOT OF OTHER SCENARIOS LIKE THIS IN ADDISON.

UM, HOWEVER, UH, I WILL SAY THAT THAT PARTICULAR CONDITION THAT THE PARKING IS IN FARMER'S BRANCH AND THE MULTIFAMILY ADDISON IS NOT NECESSARILY, UM, AN ISSUE.

IT'S A CONDITION, LIKE I SAID, THAT CAN EXIST TODAY.

IT'S JUST A DIFFERENT LAND USE, UM, COUPLE OF OTHER THINGS.

SO THE AMENITIES ARE INTENDED TO BE SHARED BETWEEN THE TWO SIDES.

UM, AND THEN, UH, ANOTHER JUST POINT I WANNA MAKE IS I HAVE TRIED TO MAKE THIS PRESENTATION AS CLEAR AND TRANSPARENT AS POSSIBLE WHEN IDENTIFYING WHEN IT'S TALKING ABOUT JUST THE ADDISON SIDE SPECIFICALLY AND WHEN IT'S TALKING ABOUT THE FARMER'S BRANCH SIDE AND WHEN IT'S TALKING ABOUT THE, UM, BOTH COLLECTIVELY.

UM, SO IF YOU HAVE ANY QUESTIONS, PLEASE LET ME KNOW.

BUT I'VE TRIED, UM, VERY, UM, TO BE VERY DETAIL ORIENTED WHEN IDENTIFYING THIS.

UM, THIS PARTICULAR PROJECT DOES GET ACCESS DIRECTLY OFF OF THE DALLAS, UM, NORTH TOLLWAY.

SO DALLAS, THE TOLLWAY IS RIGHT HERE.

UM, AND THEN IT DOES GET, THIS IS ALL OWNED BY THE SAME, IT'S THE SAME PROPERTY.

UM, AND THEN IT ALSO HAS ACCESS ULTIMATELY OFF OF INWOOD ROAD.

UM, BUT VIA LANDMARK BOULEVARD, ONCE AGAIN, THE CITY LIMIT LINE, UM, SPLITS LANDMARK BOULEVARD RIGHT HERE.

UM, LET'S SEE.

SO A COUPLE OF THINGS TO NOTE.

UM, THERE IS A, SORRY, I'M GONNA TRY TO FIND IT.

THERE IS A VERY SUBSTANTIAL, UM, REMOVAL OF TREES ON THE SITE, UH, BECAUSE OF THE REDEVELOPMENT SCENARIO.

A LOT OF THESE EXISTING TREES ARE AT THE, AROUND THE FOUNDATION OF THE EXISTING OFFICE BUILDING.

AND JUST DUE TO THE EXISTING SCALE AS WELL AS THE NATURE OF THE REDEVELOPMENT, THERE

[00:15:01]

ARE ALMOST NONE OF THOSE TREES ARE ABLE TO BE PRESERVED.

HOWEVER, THEY HAVE, UM, PRESERVED AS MANY TREES ALONG THE PERIMETER ON THE ENTRY DRIVE AS POSSIBLE.

UM, ONCE AGAIN, DUE TO THE, JUST THE BUILD OUT, UM, OF THE PROPOSED MULTIFAMILY, THE, THERE'S LESS THAN HALF OR OF THE, UM, CALP BRANCHES ARE PROPOSED TO BE MITIGATED ON SITE THROUGH REPLACEMENT TREES.

AND THEN THE APPLICANT IS PROPOSING TO PAY THE REMAINDER, WHICH IS APPROXIMATELY $116,000 INTO THE TREE MITIGATION FUND.

UM, AND THEN, UM, ANOTHER POINT I WANTED TO MAKE IS THAT, UM, NOTIFICATIONS WERE SENT, UM, THERE WERE A PACKET OF LETTERS OF SUPPORT THE APPLICANT PROVIDED, AND THOSE ARE IN THE PACKET THAT'S POSTED ONLINE AND THEY'RE IN YOUR ONEDRIVE AS WELL.

UM, THERE WAS 15 LETTERS INCLUDED.

TWO OF THEM ARE FROM PROPERTIES THAT ARE WITHIN THE NOTICE BOUNDARY, AND THEN 13 OF THEM ARE VARIOUS LETTERS OF SUPPORT FROM OTHER PROPERTY OWNERS AND TENANTS OF THE SURROUNDING AREA.

SO THAT DOES INCLUDE, UM, AT ADDISON FARMER'S BRANCH AS WELL AS DALLAS PROPERTIES.

SO, UM, AND THEN I GUESS IS THERE ANY OTHER SPECIFIC QUESTIONS YOU WANT ME TO DIVE INTO AT THIS POINT? RIGHT, SO SINCE THERE'S NO NOTHING BEING CONSIDERED, I DON'T GET TO ASK MY QUESTIONS.

NO, I CAN, I DON'T, I I DON'T WANNA, UH, I DON'T WANNA, I WAS JUST KIND OF CURIOUS ABOUT WHAT YOU GUYS THOUGHT OF THIS.

UM, YOU KNOW, I, I THOUGHT THE, THE PROPOSAL AS IT WAS, I SEE WHY WE WERE, UH, WHY THE RECOMMENDATION WAS FOR DENIAL, BUT KIND OF GOING THROUGH THE COMP PLAN, UM MM-HMM .

UH, THE ONE THAT'S COMING UP AS WELL.

UH, I THOUGHT THIS COULD BE WITH SOME CHANGES, RIGHT? A A DECENT FIRST STEP INTO KIND OF REDEVELOPING INWOOD.

AND I KNOW MAYBE FROM THE TOWN PERSPECTIVE, LESLIE, I COULD ASK YOU THIS.

SO YOU GUYS RECOMMEND TRYING TO GET HIGHER QUALITY OFFICE.

HOW FEASIBLE IS THAT REALLY IN TODAY'S MARKET? HAVE YOU HEARD FROM, UH, YOU KNOW, BASED ON WHAT YOU KNOW AND WHAT THE OTHER DEPARTMENTS KNOW MM-HMM .

IS THAT ACT, WOULD THAT ACTUALLY HAPPEN? YEAH.

SO THAT'S WHAT OUR 2013 COMPREHENSIVE PLAN SAYS.

OKAY.

UM, I THINK, SO OBVIOUSLY IT'S NOT THIS PARTICULAR PROPERTY AND WE'RE TALK, WE'RE COMPARING, YOU KNOW, TWO DIFFERENT FRUITS IF YOU WILL.

BUT WE HAVE EXPERIENCED, UM, THE SPECTRUM CENTER IS A GREAT EXAMPLE.

THEY INVESTED, UH, I BELIEVE IT WAS 28, $30 MILLION.

AND THEY'VE SEEN INCREDIBLE SUCCESS WITH THEIR, UM, THEIR TENANT MIX AND, AND NEW TENANTS MOVING IN.

UM, DUE TO THAT INVESTMENT, ONCE AGAIN, VERY DIFF DIFFERENT SCENARIO.

THEY ARE ON THE HARD CORNER OF BELT LINE AND THE TOLLWAY, UM, THIS IS SET BACK.

UM, AND THIS, I WILL SAY THIS PARTICULAR BUILDING, THEY DID, UM, LIKE A LOBBY REMODEL IN 2018 MM-HMM .

TIMEFRAME, HOWEVER, THAT WAS RIGHT BEFORE COVID.

THIS, I MEAN, THIS IS NOT THIS PARTICULAR SCENARIO WHERE YOU HAVE AN OFFICE THAT'S, UM, AGING MM-HMM .

AND ALSO HAS UM, YOU KNOW, HIGH VACANCY RATE.

LIKE THERE'S, IT'S THE PERFECT STORM, RIGHT.

AND IT'S OFF ALSO OFF THE TOLLWAY.

YEAH.

AND SO THIS PARTICULAR PROPERTY WENT INTO FORECLOSURE, UM, AND I CAN'T TELL YOU THE EXACT TIMEFRAME.

IT WAS LIKE 20 22, 20 23 MM-HMM .

AND THE APPLICANT PURCHASED THE PROPERTY OUT OF FORECLOSURE WITH THE INTENT TO DEVELOP IT AS FEE SIMPLE CONDOS.

UM, UNFORTUNATELY THAT WAS NOT A VIABLE OPTION AND FINANCIALLY AND SO THE APPLICANT HAD PIVOTED INTO A MULTIFAMILY PRODUCT, WHICH IS, WHICH IS WHY WE'RE, WE'RE HERE TODAY.

SO I, UM, I THINK TO ANSWER YOUR QUESTION DIRECTLY, I AM DON'T KNOW THAT OFFICE IS THE HIGHEST AND BEST USE OF THIS PARTICULAR PROPERTY MM-HMM .

UM, HOWEVER, UH, I CAN'T SAY THAT STAFF DOES NOT FEEL LIKE MULTIFAMILY, UM, AT THIS PARTICULAR LOCATION, THIS PARTICULAR LOCATION AT THIS PARTICULAR TIME, YEAH.

IS THE BEST MIX OF USES IN THIS AREA, UM, FOR VARI FOR VARIOUS REASONS.

NO, I, I, I AGREE OVERALL, UM, AND I WAS THINKING IT'S LIKE, I JUST WISH THERE WAS SOME LEVEL OF MIXED USE ADDED TO THIS BECAUSE YOU'VE GOT AN ISLAND OF PEOPLE WHO WILL HAVE TO DRIVE FOR THE NEXT 10 YEARS TO EVERYTHING.

UM, AND WELL, YOU COULD TAKE THE 2 39 AT THE END OF THAT IF YOU NEEDED TO GET TO DOWNTOWN, BUT ON THE WAY BACK, YOU'D HAVE TO GO ALL THE WAY AROUND TO TO, TO, UH, SPECTRUM DRIVE AND WALK OR WHATEVER.

NOBODY'S GONNA DO THAT.

MAYBE I WOULD, BUT I'M WEIRD .

UM, SO, YOU KNOW, I THINK, I THINK AS PART OF A LARGER VISION WITH THE COMP PLAN, THIS HAS POTENTIAL

[00:20:01]

WITH MIXED USE, ASSUMING THE COMP PLAN PASSES AS I SAW IT.

UM, THAT'S WHAT I WAS GONNA SAY.

IT'S LIKE I, I I THINK HOUSING IS NOT A TERRIBLE IDEA HERE IN THE LONG RUN, BUT RIGHT NOW IT IS A LITTLE WEIRD.

UM, AND I WON'T, I WON'T BELABOR THE POINT ANYMORE, BUT JUST DID WANT TO SEE WHAT THE BOARD THOUGHT OF THIS.

YEAH.

'CAUSE IT'S VERY INTERESTING PROPERTY.

MM-HMM .

UM, DID WE LOOK AT THE AREA STUDY? WE LOOKED AT THE COMP COMP PLAN AND HOUSING.

HOW WOULD THIS HAVE RELATED TO THE, DIDN'T WE DO A 2017 AREA STUDY FOR INWOOD? SO THIS PARTICULAR PROPERTY IS, IT'S NOT, YEAH, IT'S NOT ACTUALLY INCLUDED IN THE INWOOD.

IT'S NOT IN THAT SPECIAL AREA.

YEAH.

OKAY.

SO WE DON'T CONSIDER THAT PART OF IT.

THE PLAN WAS TO THE WEST OF THE NORMAL.

YEAH.

SO THE IN WOULD SAY IT, IT DEFINED, IT HAS A VERY DEFINED AREA.

OKAY.

THANK YOU.

YEAH.

ANY OTHER QUESTIONS? ALRIGHT, WELL I WILL BE SURE TO DO MY, MY FULL PRESENTATION, UH, DURING THE, THE REGULAR MEETING.

UM, THE APPLICANT DOES HAVE A PRESENTATION.

IT'S BEEN DROPPED IN YOUR ONEDRIVE AS WELL, THIS PRESENTATION TOO.

UM, YEAH, AND THAT'S, THAT'S EVERYTHING I HAVE ANYTHING FROM COMMISSIONERS.

OKAY.

UM, THIS IS JUST A PERSONAL REQUEST FOR ME FOR, FOR REGULAR WORK MEETINGS, LIKE THE REGULAR OFFICIAL MEETING.

LET, LET'S TRY TO GET COMMENTS AND COMMENTARY, THINGS WE NEED TO DISCUSS OUT AS SOON AS WE CAN VERSUS WAITING UNTIL WE'RE IN LIKE THE MIDDLE OF A MOTION.

I GET SOME OF THE COMMENTS ARE RELATED TO THAT MOTION, THAT'S FINE.

BUT I FEEL LIKE A LOT LATELY, WE'VE SPENT A LOT OF TIME ON STUFF THAT SHOULD HAVE BEEN PRIOR TO THE MOTION.

SO I, I WOULD ASK THAT YOU ALL TRY TO CONCENTRATE ON THAT IF YOU CAN PLEASE.

THANK YOU.

UM, ANYTHING ELSE LESLIE? OR CAN I CLOSE WORK SESSION? WE CAN CLOSE IT.

OKAY.

WE ARE OFFICIALLY CLOSED AND WE WILL REGATHER IN ABOUT SEVEN MINUTES.

PERFECT.

THANK YOU.