Jan 20, 2026 Planning &amp; Zoning Commission

NEXT ON HERE IS CONSENT AGENDA ITEMS. UM, ONE IS CONSIDER ACTIONS ON MEETING MINUTES FROM THE DECEMBER 16TH, 2025, PLANNING AND ZONING, COMMISSION MEETING COMMISSIONERS.

[ Consent Agenda: All items listed under the Consent Agenda are considered routine by the Planning and Zoning Commission and will be enacted by one motion with no individual consideration. If individual consideration of an item is requested, it will be pulled from the Consent Agenda and discussed separately.]

DID ANYONE HAVE ANY COMMENTS TO THOSE? OKAY.

UH, CAN I DO THIS? I CAN DO THE NEXT ONE AT THE SAME TIME.

ADDISON AIRPORT, INDUSTRIAL DISTRICT COMMISSIONERS.

THE NEXT ITEM IS CONSIDER ACTION ON A REPL FOR THE ADDISON AIRPORT INDUSTRIAL DISTRICT BLOCK.

A LOT 14 R FOR AN OFFICE SLASH HANGAR DEVELOPMENT ON APPROXIMATELY 1.57 ACRES LOCATED IN THE NORTHEAST CORNER OF WRIGHT BROTHERS DRIVE AND WILEY POST ROAD INTERSECTION ADDRESSED AS 1 5 5 0 0.

WRIGHT BROTHERS DRIVE, CASE R 2025 DASH ZERO FIVE.

ANY QUESTIONS OR COMMENTS? HAVING SEEN ANY A MOTION? I MOVE APPROVAL OF THE CONSENT AGENDA.

DO I HAVE A SECOND? I HAVE A SECOND.

ALL IN FAVOR? AYE.

AYE.

NEXT WE'LL MOVE TO THE REGULAR AGENDA, DISCUSS AND CONSIDER ACTION ON THE ELECTION OF CHAIR AND VICE CHAIR FOR THE PLANNING AND ZONING COMMISSION.

CONSENT AGENDA ITEMS ARE APPROVED.

[3. Discuss and consider action on the election of a Chair and Vice Chair for the Planning and Zoning Commission.]

WE BRIEFLY DISCUSSED IN THE WORK SESSION, SO IF ANYBODY'D LIKE TO CONTINUE DISCUSSION, I'LL OPEN IT UP THAT, OR OPEN IT UP FOR, UH, UH, FIRST MOTION.

I'D LIKE TO MAKE A MOTION TO, UH, NOMINATE DENISE TO KEEP YOU AS CHAIR FOR THIS, UH, SESSION.

LOOK FORWARD TO SERVING AGAIN.

NOW, DO I HAVE A MOTION IN REGARDS TO VICE CHAIR? I WOULD LIKE TO MAKE A MOTION THAT CHELSEA SERVES AS THE VICE CHAIR FOR THE NEXT SESSION OF THE PLANNING AND ZONING COMMISSION.

I THINK THAT WAS, EVERYBODY SPOKE CORRECT? YEAH.

UH, NO NAYS.

CONGRATULATIONS, CHELSEA.

[4. Hold a public hearing, present, discuss, and consider action on a request to rezone a 0.729-acre property, located at 1 Commercial Drive, from Mixed-Use Suburban (M-2) to Commercial Limited (CL) zoning district, to construct a multi-tenant building. Case 1946-Z/ 1 Commercial Drive Rezoning.]

MOVING ON TO THE NEXT ITEM ON THE AGENDA IS HOLD A PUBLIC HEARING PRESENT, DISCUSS AND CONSIDER ACTION ON A REQUEST TO REZONE A 0.79 ACRE PROPERTY LOCATED AT ONE COMMERCIAL DRIVE FOR MIXED USE SUBURBAN M TWO TO COMMERCIAL LIMITED ZONING DISTRICT TO CONSTRUCT A MULTI-TENANT BUILDING CASE, 1946 DASH Z SLASH ONE COMMERCIAL DRIVE COMMERCIAL DRIVE REZONING, WHICH I WILL TURN OVER TO COREY IN TWO SECONDS.

I FORGOT TO MENTION EARLIER, IF ANYBODY HAS PUBLIC, ONLINE, OR IN PERSON, HAVE COMMENTS, YOU'LL BE GIVEN OPPORTUNITY AT THE OPEN AT THE END OF THE, UM, PRESENTATION HERE.

AND WE WILL LET YOU COME TO THE PODIUM AND SPEAK.

AND IF YOU'RE HERE AND NEED TO SPEAK, PLEASE FILL OUT A CARD THAT LESLIE HAS OVER AT THE DESK.

NOW.

I'LL TURN OFF TO COREY FOR HER REPORT.

UH, GOOD EVENING COMMISSIONERS.

PERFECT.

COREY BACK, ASSISTANT DIRECTOR FOR DEVELOPMENT SERVICES.

UH, TODAY I HAVE A REQUEST FOR REASON FROM MIXED USE SUBURBAN CORRIDOR, WHICH IS OUR M TWO DISTRICT TO OUR COMMERCIAL LIMITED, WHICH IS OUR CL DISTRICT, UH, TO CONSTRUCT A MULTI-TENANT BUILDING.

REALISTICALLY, IT'S TWO TENANTS, NOT , NOT NECESSARILY MULTI-MULTI.

UM, SO, UH, THE PROPERTY ITSELF WAS ZONED, UH, LOCAL RETAIL AND APARTMENT BEFORE 1980, WHICH ALLOWED FOR TYPICAL COMMERCIAL USES AND MULTIFAMILY, UM, AS WELL AS OTHER RESIDENTIAL

[00:05:01]

USES.

UM, AND THEN IN 1980, THE PROPERTY WAS REZONED TO PLAN DEVELOPMENT FOR, UM, TO, FOR JUST COMMERCIAL USES.

UM, IT TOOK AWAY THE APARTMENT AND MULTI-FAMILY COMPONENT.

THEN IN 2006 IT WAS REZONED FROM PLAN DEVELOPMENT TO BELTLINE, UM, TO PROMOTE FLEXIBILITY WITHIN, UH, TO BUILD, UH, REDEVELOP AS A MIXED USE SITE.

UM, THEN IN 2025, WE REZONED A MAJORITY OF OUR BASE DISTRICTS WHEN THE UDC WENT INTO EFFECT WITH THE NEW ZONING DISTRICTS.

UM, AND, UH, SEPTEMBER 21ST WAS WHEN THAT TOOK EFFECT.

NOW TODAY, WE HAVE THE PROPOSAL FROM GOING FROM, UM, MIXED USE SUBURBAN CORRIDOR TO COMMERCIAL LIMITED TO ALLOW THAT CONSTRUCTION.

SOME OF THE ITEMS THAT ARE, UM, FOR THE DESIGN STANDARDS IS VERY FIRST AND FOREMOST THE BUILDING HEIGHT.

OUR M TWO ZONING DISTRICT DOES HAVE A MINIMUM BUILDING HEIGHT.

UPON DISCUSSING THE SITE AND THE PROPOSAL WITH THE APPLICANT AT A PRE-DEVELOPMENT CONFERENCE, UM, THAT THAT MINIMUM BUILDING HEIGHT WAS, UM, GOING TO BE VERY DIFFICULT FOR THE APPLICANT TO PROCEED WITH.

UH, LIKE THEY, THEY ANTICIPATE TO DO A SINGLE STORY BUILDING OF THIS TYPE OF CONSTRUCTION.

WE'RE LOOKING AT PROBABLY AN AVERAGE OF 15 TO 20 FEET IN BUILDING HEIGHT AND REQUIRING AN ADDITIONAL FIVE FEET BEYOND THE AVERAGE OF THAT, UM, WAS SOMETHING THAT THEY WERE VERY CONCERNED THAT THEY WEREN'T GONNA BE ABLE TO DO ON TOP OF THE BUILDING HEIGHT.

ONE DIFFERENCE BETWEEN, UM, M TWO AND CL DISTRICTS IS THE OPEN SPACE REQUIREMENTS M TWO DOES REQUIRE 10% OPEN SPACE AND CL DOES REQUIRE 20%.

SHOULD THIS REZONE BE APPROVED, UH, THAT WOULD ACTUALLY INCREASE THE LANDSCAPE AREA WITHIN THE SITE.

THE APPLICANT DID NOT HAVE CONCERNS ON, UH, INCREASING THE LANDSCAPE AREA, UH, 'CAUSE THEY HAVE A SIGNIFICANT AREA ON THE SOUTHERN PORTION OF THE LOT THAT, UM, WAS TO, UH, POTENTIALLY REMAIN UNDEVELOPED.

ADDITIONALLY, THE BUILDING MATERIAL STANDARDS IS ANOTHER BIG, UM, DIFFERENCE IN, UH, BETWEEN THE M TWO AND CL.

UH, CL DOES ACTUALLY ALLOW FOR CONCRETE TILT, WALL CONSTRUCTION AND PLATE GLASS, WHEREAS M TWO DOES NOT ALLOW FOR EITHER OF THESE CONSTRUCTION MATERIALS.

UH, REZONING THE PROPERTY WOULD ACTUALLY ALLOW FOR THAT.

UH, MORE FLEXIBILITY ON THE TYPE OF CONSTRUCTION FOR THE SITE.

THE COMPLIANCE WITH THE TOWNS COMPREHENSIVE PLAN, THE 2013 COMPREHENSIVE PLAN AS THAT IS OUR ADOPTED, UH, PLAN AT THE MOMENT.

UM, IT ACTUALLY DOES NOT SPEAK TO THIS SITE AND, UM, BUT REZONING THE PROPERTY WOULD ACTUALLY IMPROVE THE VIABILITY OF IT FOR THE COMPATIBILITY WITH THE MASTER TRANSPORTATION PLAN.

UH, BELTLINE IS ACTUALLY DESIGNATED A PRINCIPAL ARTERIAL AS WELL AS ENHANCED PEDESTRIAN CORRIDOR.

THAT, UH, THE, UH, SECTION AT THE BOTTOM ON THE LEFT IS THE, THE TYPICAL SECTION THAT YOU WOULD SEE FOR, UH, BELTLINE.

UH, ONCE IT IS FULLY, UM, CONSTRUCTED FOR THIS, THEN COMMERCIAL DRIVE IS DESIGNATED A RESIDENTIAL LOCAL, AND THE SECTION ON THE RIGHT HAND SIDE IS A TYPICAL SECTION CUT FOR, UH, WHAT YOU WOULD EXPECT FOR THAT TYPE OF STREET.

THERE IS SUFFICIENT CAPACITY FOR BOTH OF THESE STREETS, UH, WITH THE, UM, UH, REQUESTED ZONING CHANGE COMPATIBILITY WITH THE PARKS AND RECREATION OPEN SPACE MASTER PLAN.

UH, AGAIN, THIS SITE IS NOT MENTIONED IN THIS MASTER PLAN.

HOWEVER, UH, THERE SHOULDN'T BE NO PROBLEMS WITH, UH, THE, THE REZONE AND THAT THE PLAN MAINLY FOCUSED ON, UM, BELTLINE ROAD ENHANCEMENTS, WHICH WERE NOT COMPLETED FOR THIS SITE.

THE EXPECTATION WOULD BE AS THE SITE IS DEVELOPED, THEN THE, UH, ENHANCEMENTS ALONG BELTLINE WOULD TAKE PLACE THE COMPATIBILITY WITH THE TRAILS MASTER PLAN.

AGAIN, COMMERCIAL DRIVE IS NOT DESIGNATED OR, UM, IDENTIFIED IN THE TRAILS MASTER PLAN.

UH, HOWEVER, BELTLINE IS DESIGNATED WITH AS A WIDE SIDEWALK WITH BUFFER, AND THE PROPOSED ZONING WOULD NOT INTERFERE WITH ANY PLANS, UH, FOR THE BIKE FIT BIKE, SORRY.

THE TRAILS MASTER PLAN, IT IS COMPATIBLE WITH SURROUNDING, UH, LAND USES.

SOME OF 'EM THAT ARE IN THE AREA ARE, UH, FEE SIMPLE TOWNHOUSES AS WELL AS VARIOUS COMMERCIAL USES ANYWHERE, ANYWHERE FROM RESTAURANTS TO, UH, GROCERY STORES TO, UM, JUST IN GENERAL COMMERCIAL.

[00:10:02]

THE, UM, THE COMMERCIAL LIMITED ZONING DISTRICT IS, LIKE I SAID, IS COMPATIBLE WITH THE EXISTING LAND USE PATTERN.

THE, UH, APOLOGIES, UM, THE COMP COMPATIBILITY WITH ADJACENT ZONING, UM, IT IS SURROUNDED BY PLANNED DEVELOPMENT AND MIXED USE SUBURBAN CORRIDOR.

UM, AS YOU CAN SEE IN THE PINK AND THE ORANGE COLORS AND THE USES PERMITTED IN THE COMMERCIAL LIMITED CL ZONING DISTRICT ARE COMPATIBLE WITH THESE SURROUNDING ZONING DISTRICTS.

UH, MAJORITY OF THOSE PLANNED DEVELOPMENT, UM, DISTRICTS ARE A BASE OF A COMMERCIAL ZONING, SO IT IS COMPATIBLE AND, UH, WE DID NOTICE FOR THE PROPERTY FOR, UH, STATE LAW AND, UH, 20 PEOPLE OR 20 PROPERTY OWNERS RECEIVED NOTICES.

AND AT THE TIME OF CREATING THE PRESENTATION FOR, UH, FOR TONIGHT, NO, UH, NO RESIDENTS OR PROPERTY OWNERS HAD COME FORWARD WITH FOR AGAINST OR NEUTRAL FOR THE PROPERTY AND STAFF HAS REVIEWED THIS PROPOSAL, AND IT IS, IT DOES COMPLY WITH ALL TOWN DEVELOPMENT REGULATIONS AND IS IN, IS CONSISTENT WITH POLICIES AND ADOPTED MASTER PLANS.

THANKS, COREY.

ANY QUESTIONS FOR QUESTIONS OR COMMENTS FOR COREY? DID DO WE KNOW, DID THE, DID THE PROPOSAL, UH, HAVE ANY DIRECT CONTACT OR NEIGHBORHOOD MEETINGS WITH THE TOWN HOMES PRIOR? THERE'S BEEN CONFLICTS WITH TOWN HOMES AND PROPERTY FOR NOISE TRAFFIC AND THOSE THINGS.

DID ANYBODY ORGANIZE A MEETING WITH THEM? DO YOU KNOW? A NEIGHBORHOOD MEETING WAS NOT, UH, REQUIRED FOR THIS.

WHAT WAS THE, UH, SORRY, WHAT WAS THE FEEDBACK FROM FROST BANK ON THIS? HAVEN'T HEARD FROM FROST BANK.

SO THIS PROPERTY IMPINGES ON THEIR ACCESS, DOES IT NOT BASED ON WHAT I'M LOOKING AT.

SO IF YOU GO TO THE SITE MAP, SO THE, THE LEFT PART OF THIS PROPERTY LINE, IF I'M FOLLOWING THIS, IS ACTUALLY THEIR ACCESS TO THEIR, THEIR PROPERTY.

SO I'M A LITTLE CONFUSED AS TO HOW, HOW THIS ALL KNITS TOGETHER.

UH, SO FROST BANK HAS ACCESS EASEMENTS ON, UH, THIS PROPERTY.

SO THE NEW PROPERTY OWNER AND CURRENT PROPERTY OWNER SHOULD, IF THEY WERE TO REDEVELOP THE SITE, WOULD HAVE TO ADHERE TO THOSE ACCESS EASEMENTS.

THEY DID GRANT THEM AT THE TIME OF CONSTRUCTION WITH FROST BANK, UM, AND AGREED TO ALWAYS PROVIDE THOSE, UH, ACCESS EASEMENTS.

SO, AS A FOLLOW UP, SO IF I LOOK AT THE SITE PLAN, IT'S CUT IN HALF MM-HMM .

THE, UH, THE APPLICANT IS SAYING THEY'RE GONNA BUILD AND MAYBE WE SHOULD DIRECT THIS TO THE APPLICANT, BUT THEY'RE GONNA PUT A 3000 SQUARE FOOT BUILDING ON THE FRONT HALF.

IS THAT, IS THAT THE INTENT? UH, THAT IS THE, THE ANTICIPATED DESIGN THAT STAFF HAS SEEN.

THAT DOES NOT NECESSARILY MEAN THAT, UH, THAT'S WHAT WILL COME FORWARD.

UM, SHOULD THIS BE APPROVED.

UM, AT THAT TIME THOUGH, STAFF WOULD REVIEW FOR, UH, FOR COMPLIANCE WITH ALL TOWN REGULATIONS.

IS, UH, IS STAFF ACCEPTING THE LOWER HEIGHT OF THE BUILDING? IS THAT PART OF YOUR RECOMMENDATION AS WELL? UH, YES.

SO, UH, IF IT WERE TO BE, UM, IF THE REZONE WERE TO BE APPROVED, UH, THAT WOULD AL AUTOMATICALLY LOWER THE REQUIREMENT.

THERE WOULD BE NO VARIANT OR MODIFICATION NEEDED.

, ANY OTHER QUESTIONS OR COMMENTS? OKAY.

IS THE APPLICANT HERE AND WANTING TO SPEAK? I DON'T SEE HIM, NO.

AT THIS TIME I WILL OPEN UP FOR PUBLIC HEARING FOR ITEM NUMBER FOUR.

UH, DO WE HAVE ANYONE WHO WISHES TO SPEAK ON THIS ITEM? EITHER IN PERSON OR ONLINE? NO.

MOVING ON TO ITEM NUMBER FIVE.

NONE ONLINE AND NONE IN PERSON.

THEREFORE, UH, NO FURTHER COMMENTS.

I WILL CLOSE THE PUBLIC HEARING.

ANY OTHER COMMENTS FROM COMMISSIONERS? QUESTIONS, STAFF? OKAY.

DO I HAVE A MOTION? I MOVE.

APPROVAL OF CASE 1946 DASH Z SLASH ONE COMMERCIAL DRIVE REZONING AS WRITTEN AND RECOMMENDED BY STAFF.

DO YOU HAVE A SECOND? OKAY.

ALL IN FAVOR? AYE.

AYE.

OPPOSED? HAVING SEEN NONE.

MOTION CARRIES.

[5. Hold a public hearing, present, discuss, and consider action on a request to rezone ±13.7 acres generally located at the southeast corner of Addison Road and Festival Way and the northeast and northwest corner of Quorum Drive and Arapaho Road, from Commercial General (CG) and Planned Development (PD), Ordinance Nos. O24-022, O24-023, O24-024, and O23-011, to a new Planned Development (PD) zoning district, to allow for a transit-oriented mixed-use development comprised of office, parking, hotel, restaurant, retail, and entertainment uses, and associated public and private open space and common areas. Case 1947-Z/Addison Junction (TOD). ]

HOLD A PUBLIC HEARING, PRESENT, DISCUSS AND CONSIDER ACTION ON THE REQUEST TO REZONE APPROXIMATELY 13.7 ACRES, GENERALLY LOCATED AT THE SOUTHEAST CORNER OF ADDISON ROAD AND FESTIVAL WAY, AND THE NORTHEAST CORNER, EXCUSE ME, THE NORTHEAST AND NORTHWEST CORNER OF CORRUM DRIVE

[00:15:01]

AND ARAPAHOE ROAD FOR COMMERCIAL GENERAL AND PLANNED DEVELOPMENT ORDINANCE.

NUMBERS, OH, 24 DASH 0 2 0, 24, 23 0, 24 DASH 24 AND OH 23 DASH 11 TO A NEW PUBLIC PLAN, A NEW PLANNED DEVELOPMENT ZONING DISTRICT TO ALLOW FOR A TRANSIT ORIENTED MIXED USE DEVELOPMENT COMPRISED OF OFFICE PARKING, HOTEL, RESTAURANT, RETAIL AND ENTERTAINMENT USES, AND ASSOCIATED PUBLIC AND PRIVATE OPEN SPACE AND COMMON AREAS.

CASE 1947 DASH Z, ADDISON JUNCTION, TOD.

I'LL TURN OVER TO STAFF REPORT FROM LESLIE.

A REAL, NOT A TRUE ENTERTAINMENT, UH, FACILITY LIKE WE SAW.

LESLIE NI, DIRECTOR OF DEVELOPMENT AND NEIGHBORHOOD SERVICES.

UM, ONCE AGAIN, THIS REQUEST IS, UH, FOR THE AREA SURROUNDING, UM, OR SOUTH OF ADDISON CIRCLE PARK.

IT'S JUST A LITTLE OVER 15 ACRES GENERALLY.

SO THERE IS A VERY LONG HISTORY OF THIS SITE, UM, AND VARIOUS COMPONENTS OF THE SUBJECT PROPERTY.

UM, MANY OF YOU ARE FAMILIAR.

UM, SO THE TOWN BEGAN ASSEMBLING SOME OF THIS LAND, UM, AROUND ADDISON CIRCLE PARK, UM, UH, IN THE 1990S, UM, WITH THE ANTICIPATION THAT THERE WOULD BE A TRANSIT ORIENTED DEVELOPMENT IN THIS AREA AT SOME POINT IN THE FUTURE.

UM, SO WE BEGAN LAND BANKING THAT, UH, FOR FUTURE DEVELOPMENT.

SO THE TOWN HAD, UM, SOME CONTROL WITHIN THAT DEVELOPMENT OR PARTNERSHIP OPPORTUNITY.

SO IN 2018, UM, THE TOWN THROUGH A PROCESS WHICH WAS FACILITATED BY, UM, COUNCIL AT THE TIME, DID, UH, A POINT IN A, UM, COMMITTEE WHO HELPED FACILITATE THE ADDISON CIRCLE SPECIAL AREA STUDY, WHICH WAS ULTIMATELY CONSIDERED BY PLANNING AND ZONING COMMISSION AND CITY COUNCIL WAS ADOPTED IN 2018.

UM, THIS ESTABLISHED A COUPLE OF DIFFERENT OPTIONS, WHICH WE'LL TALK ABOUT.

UM, THERE'S ACTUALLY THREE OPTIONS THERE OUTLINED WITHIN THAT STUDY FOR THE DEVELOPMENT OF THE TOD.

IT ALSO EVALUATED OTHER VACANT SITES WITHIN THE ADDISON CIRCLE DISTRICT, WHICH GENERALLY, UM, CONSIST OF, UH, ON THE NORTH SIDE AIRPORT PARKWAY ON THE SOUTH SIDE ARAPAHOE ROAD.

AND THEN, UH, BORDERED BY ADDISON ROAD AND DNT ON THE EAST AND WEST SIDES IN 20, UH, 20 20 21.

UH, THE TOWN ENGAGED, UH, CUSHMAN AND WAKEFIELD TO ISSUE AN RFP FOR THE DEVELOPMENT OF THIS AREA, UM, IS INCLUDING THE DART LAND.

UM, IN 2022, THE TOWN ENTERED INTO A MEMORANDUM OF UNDERSTANDING OR AN MOU WITH A CO-DEVELOPER TEAM, WHICH INCLUDED AM RESIDENTIAL AS WELL AS STREAM REALTY PARTNERS FOR A, UH, MIXED USE PROJECT THAT INCLUDED OFFICE PARKING, A RETAIL ENTERTAINMENT NODE, AS WELL AS, UM, TWO PRETTY SIGNIFICANT MULTIFAMILY COMPONENTS AS WELL.

UM, AND THEN IN 2023, UH, THEY RE THAT, UH, CO-DEVELOPER TEAM RECEIVED ZONING ENTITLEMENTS FOR THE FIRST PHASE OF THE TOD PROJECT.

UM, OVER THE NEXT, UM, YEAR AND A HALF, UH, INTO 2024.

THERE WERE VARIOUS AMENDMENTS AND EVOLUTION OF THAT PARTICULAR DEVELOPMENT PLAN, UM, FOR OTHER PHASES THROUGH THAT PROCESS, UM, WHICH IS NOT, UM, CLEARLY IDENTIFIED, BUT IS OUTLINED IN THE STAFF REPORT.

UM, STREAM DID, UM, REMOVE THEMSELVES FROM THE CO-DEVELOPER TEAM AND WERE ULTIMATELY REPLACED BY QUADRANT INVESTMENT PARTNERS OR QIP, WHICH IS, UM, ONE OF THE APPLICANTS THIS EVENING FOR THIS PROPOSAL.

AND, UH, IN 2024 IN APRIL OF 2024, UH, THE AM A IDENTIFIED A RESTRICTED USE COVENANT ON A PORTION OF THE PROPERTY THAT, UM, HAD A SIGNIFICANT IMPACT ON THE VIABILITY OF THEIR DEVELOPMENT PLAN, UH, WHICH RESTRICTED RESIDENTIAL USES, UH, IN THE, THE LOCATION OF THEIR MULTIFAMILY TOWER.

UM, OBVIOUSLY THIS, UM, CREATED THE NEED TO REVISIT THE STRUCTURE OF THE PROJECT THROUGH THAT, UH, WE CONTINUED DISCUSSIONS WITH QIP AND ULTIMATELY, UM, THEY WERE INTERESTED IN STAYING ON AND CONTINUING THROUGH THE PROJECT.

UM, THROUGH MANY DISCUSSIONS, UM, WITH ECONOMIC DEVELOPMENT TEAM AS WELL AS COUNCIL AND SO FORTH.

UM, THE TOWN ENTERED INTO A MEM MEMORANDUM OF UNDERSTANDING WITH QIP ON APRIL 22ND, 2025, WHICH GAVE THEM A 120 DAY EXCLUSIVITY AG, UM, PERIOD TO NEGOTIATE WITH THE TOWN.

UM, ULTIMATELY THAT RESULTED IN ENTERING INTO A MASTER DEVELOPMENT AGREEMENT WITH THE TOWN AND QIP, WHICH WAS APPROVED BY COUNCIL ON SEPTEMBER 9TH FOR ADDISON JUNCTION.

UM, WHAT WAS APPROVED WITHIN THAT MDA WAS WHAT IS BEFORE YOU THIS EVENING VIA THE CONCEPT PLAN.

SO TONIGHT, UM, QIP IS SEEKING, UM, IN CONJUNCTION WITH THE TOWN, UH, REQUEST FOR PREMI PRELIMINARY PLAN DEVELOPMENT, UH, ZONING ENTITLEMENTS FOR ADDISON

[00:20:01]

JUNCTION.

WHAT THIS DOES IS APPROVE, UH, THE BASE ZONING, UH, A CONCEPT PLAN AS WELL AS ANY PERMITTED USE AND DEVELOPMENT STANDARDS THAT ARE POTENTIALLY UNIQUE TO THE BASE ZONE.

UM, WE'LL TALK ABOUT THIS LATER IN THE PRESENTATION, BUT THIS OUTLINES A TWO STEP PROCESS.

THE FIRST STEP IS VERY PRELIMINARY AND CONCEPTUAL.

STEP TWO WOULD HAVE TO COME IF APPROVED TODAY OR TONIGHT, AND THEN ULTIMATELY AT COUNCIL.

UM, A SECOND STEP FOR FINAL PLAN DEVELOPMENT APPROVAL WOULD HAVE TO COME BACK AT A LATER DATE THAT HAD A FULL SET OF DEVELOPMENT PLANS, WHICH WOULD INCLUDE THINGS, UM, YOU'RE FAMILIAR WITH SEEING LIKE A SITE PLAN, A LANDSCAPE PLAN, FACADE PLANS IN MUCH, UH, GREATER DETAIL.

SO THIS IS, UH, AN OVERVIEW WE LOOKED A LITTLE BIT ABOUT IN THE WORK SESSION.

THERE ARE MANY COMPONENTS TO THIS PARTICULAR PROJECT.

JUST FOR REFERENCE, UH, YOU'RE LOOKING AT SKYVIEW FACING NORTH.

SO ADDISON CIRCLE PARK IS ON THE, THE TOP SIDE OF THE SCREEN FOR REFERENCE, BUT NOT SHOWN.

UM, THIS AREA, THIS, UH, CONCEPT PLAN INCLUDES THINGS LIKE HOTEL TWO PARKING GARAGES, UH, OFFICE, AS WELL AS A VARIETY OF ENTERTAINMENT, RETAIL AND RESTAURANT SPACES.

UM, UH, ITEM THAT CAME UP IN THE WORK SESSION TALKED ABOUT, UM, PARKING, WHAT WAS REMAINING WITH DART AND WHAT WAS NOT.

THE, UM, OUTLINE IN RED IS GENERALLY, UM, OUTLINING THE AREA, WHICH IS, WOULD NOT BE CONTROLLED UNDER THIS DEVELOPMENT AND IS NOT PROPOSED TO CHANGE UNDER THIS ZONING.

SO JUST FOR REFERENCE THERE, WE DO HAVE A LEGAL DESCRIPTION WHICH OUTLINES THE AREA, WHICH WOULD ACTUALLY BE ZONED, WHICH GENERALLY INCLUDES THE AREA TO THE EAST OF THAT RED OUTLINE.

OKAY, SO MAKE SURE I'M CLEAR THERE.

UM, SO ONCE AGAIN, IT'S KIND OF, IT'S SHOWN HERE ON THE, UH, FORMAL CONCEPT PLAN THAT WOULD, UM, IS PROPOSED TO BE, UM, APPROVED WITH THE REQUEST FOR THE CONCEPT PLAN FOR THE ENTITLEMENTS FOR THE PROJECT.

UH, WE'LL GO THROUGH THE VARIOUS COMPONENTS, UM, STARTING, UH, OF THE PROJECT STARTING ON THE WEST SIDE.

SO AT THE FAR, UH, WEST SIDE OF THE PROJECT ALONG ADDISON ROAD, UM, THERE IS A PROPOSED HOTEL, UH, PARKING GARAGE AS WELL AS A RETAIL FRONTING THE, UH, FESTIVAL WAY.

SO THE HOTELS PROPOSED TO BE APPROXIMATELY 150 KEY FULL SERVICE HOTEL, UM, WITH, UM, A BOUTIQUE HOTEL.

UPPER SCALE QUALITY, UM, IS PROPOSED TO BE SEVEN STORIES WITH, UH, THINGS LIKE AN AMENITY DECK, VARIOUS GUEST AMENITIES, UH, AND MEETING SPACE WITHIN THE FACILITY.

IT WOULD BE ATTACHED TO AND SERVED BY A FIVE LEVEL PARKING STRUCTURE THAT, UM, IS, UH, ON THE HARD CORNER OF ADDISON ROAD AND FESTIVAL WAY WITH APPROXIMATELY 631 PARKING SPACES.

THE, UH, RETAIL SITE WOULD BE APPROXIMATELY 5,600 SQUARE FEET.

UH, ONE OR TWO STORY THAT'S STILL BEING CON CONTEMPLATED AT THIS TIME.

UM, BUT THAT WOULD FRONT ONTO FESTIVAL WAY.

UM, AND JUST FOR REFERENCE, EVERYTHING YOU SEE HERE IN THE, UM, DARK GRAY WOULD BE CO WOULD CONSTITUTE A FIRE LANE JUST FOR REFERENCE.

UM, THAT'S WHAT THE, THE SYMBOLOGY INDICATES.

SO MOVING TOWARDS THE EAST, UH, MORE IN THE CENTER OF THE PROJECT, YOU HAVE THE, UH, ENTERTAINMENT SPACE.

THIS WOULD BE A ONE TO TWO STORY, UM, ENTERTAINMENT, UM, FACILITY, UH, APPROXIMATELY 1400 SQUARE FEET OF INDOOR SPACE.

THERE WOULD ALSO BE SOME OUTDOOR, UH, PROGRAM PROGRAMMABLE, UH, SPACE FOR THE FACILITY.

IT'S INTENDED TO PROVIDE, UH, PROGRAMMED ENTERTAINMENT SUCH AS LIVE MUSIC AS WELL AS FOOD AND BEVERAGE SERVICE.

THEY'RE IMMEDIATELY ADJACENT TO THAT, AND IN FRONT OF A LONG FESTIVAL WAY WOULD BE 98 SURFACE PARKING SPACES, UH, TO ALLOW FOR EASY ACCESS.

AND THIS ALSO DOES PROVIDE AN OPPORTUNITY FOR, UH, FUTURE GROWTH OF THE DEVELOPMENT AS THE MARKET DEMAND CONTINUES IN THE FUTURE.

UH, MOVING FURTHER TO THE EAST, UH, NOW AT THE HARD CORNER OF FESTIVAL WAY AND QUORUM DRIVE, UH, WE HAVE WHAT HAS, UM, BECOME KNOWN AS THE FARMER'S MARKET.

THIS IS A TRIO OF ONE STORY RETAIL BUILDINGS, UM, THAT TOTAL APPROXIMATELY 11,000 SQUARE FEET.

UH, THERE IS, IT'S CENTERED AROUND A COURTYARD WITH VARIOUS OUTDOOR SPACE.

UM, THINGS THAT WOULD BE APPROPRIATE IN HERE WOULD BE, UM, UM, RESTAURANTS, UH, RETAIL PERSONAL SERVICES, UH, TO SERVE THE COMMUNITY.

NOW, MOVING IMMEDIATELY SOUTH ACROSS THE, UM, THE LIGHT RAIL TRACKS STILL ON, UH, QUORUM AND, UH, ARAPAHOE DRIVE.

YOU HAVE THE HANGAR, WHICH IS A 12,000 SQUARE FOOT, UH, FACILITY.

THERE WOULD, IT WOULD BE TWO STORY AND IT WOULD BE RETAIL RESTAURANT, POTENTIALLY HAVE A SMALL ENTERTAINMENT COMPONENT.

UM, NOT, NOT

[00:25:02]

UM, AT THE CENTER OF THE, OF THE PROJECT, THERE IS ANTICIPATED TO BE APPROXIMATELY 29 SURFACE, UH, PARKING SPACES TO BE ADJACENT TO THE HANGAR.

THAT WOULD BE INCLUDED IN THIS SEGMENT.

THAT DOES NOT INCLUDE THOSE OTHER DART SPACES THAT WE SAW IN A COUPLE SLIDES EARLIER.

AND THEN THERE WOULD BE, UM, LIKE A DROP OFF ACCESS OFF STREET IN THAT AREA, MOVING ACROSS CORRUM DRIVE.

SO WE'RE NOW AT THE, UM, CORNER OF CORRUM AND ARAPAHOE, UH, WHICH IS BISECTED BY SPECTRUM DRIVE.

UH, THERE'S PROPOSED TO BE A SIX STORY OFFICE BUILDING AROUND 155,000 SQUARE FEET OF, UH, GROSS FLOOR AREA.

IT WOULD BE HYBRID MASS TIMBER CONSTRUCTION, UM, WHICH HAS BEEN CONSISTENT, UM, THROUGHOUT QIPS COLLABORATION, UH, WITH THE TOWN.

UM, AND THEN IT WOULD BE SERVED BY A SIX LEVEL, APPROXIMATELY 560 SPACE PARKING STRUCTURE.

UH, THAT'S INTENDED TO BE, UM, CONNECTED VIA COVERED, UM, ACCESS ACROSS SPECTRUM DRIVE.

YOU SEE IT DASHED, UM, IN THIS, UH, IMAGE HERE.

IT IS THE INTENT TO USE SOME SORT OF LIVING SCREEN OR OTHER SCREENING MATERIAL ON THE PARKING STRUCTURE TO, UH, MAKE IT MORE AESTHETICALLY PLEASING WITHIN THE AREA.

SO MOVING ON TO ONCE WE'VE BLOCKED, WE'VE WALKED THROUGH THE CONCEPT PLAN OF WHAT IS PROPOSED.

I WANNA TALK, UH, BRIEFLY THROUGH THE PERMITTED USE AND DEVELOPMENT STANDARDS.

SO, UH, WITH THE PROPOSAL, IT IS SUBSTANTIALLY COMPLYING WITH THE MIXED USE CENTER OR M FOUR ZONING DISTRICT.

THIS IS THE DISTRICT THAT WAS CREATED FROM THE ADDISON CIRCLE ZONING DISTRICT, UM, WHICH WAS PREVIOUSLY CALLED THE URBAN CENTER DISTRICT, IF YOU'LL, UH, RECALL THAT.

UH, SO THERE ARE A COUPLE OF MODIFICATIONS AND WE WILL GO THROUGH THOSE.

SO, UM, THERE ARE SOME ADDITIONAL USE STANDARDS FOR THE DEVELOPMENT THAT ARE PROPOSED.

SO JUST, UH, FOR REFERENCE, A OUTDOOR FACILITY IS NOT PERMITTED BY WRIGHT UNDER THE M FOUR DISTRICT.

HOWEVER, AN INDOOR FACILITY IS, UM, THERE COULD BE AN OPPORTUNITY, UM, IN SOME OF THE OPEN SPACED AREA, UM, FOR EXAMPLE, UH, IN THIS AREA.

AND THAT'S TOWARDS THE CENTER OF THE DEVELOPMENT FOR PROGRAMMED OUTDOOR SPACE TO COME WITH ADDITIONAL, UM, DESIGN OF THE PROJECT.

THERE'S ALSO, UM, BREW PUB, DISTILLERY OR WINERY ALLOWED BY APPROVAL OF A SPECIAL USE PERMIT THAT IS CURRENTLY NOT ALLOWED TO BE REQUESTED VIA SPECIAL USE PERMIT IN THE M FOUR DISTRICT.

UM, STAFF FEELS LIKE IT IS APPROPRIATE GIVEN THE PROPOSAL FOR THE LARGE ENTERTAINMENT FACILITY TOWARDS THE CENTER OF THE PROJECT.

UM, A HOTEL FULL, FULL SERVICE, UM, IS, UM, NOT PERMITTED BY WRIGHT IN THE M FOUR.

WE ARE PROPOSING TO ADD IT FOR THE BOUTIQUE HOTEL, WHICH WOULD BE FULL SERVICE.

UH, WE'RE ALSO ADDING AND DEFINING AN ENTERTAINMENT SLASH EVENT FACILITY, INDOOR OR OUTDOOR, TO ACCOMMODATE THE, UH, FACILITY AT THE CENTER OF THE PROJECT.

WE CURRENTLY DO NOT HAVE A CLEAR DEFINITION FOR WHAT THAT WOULD LOOK LIKE.

AND THEN, UM, ALL OTHER USES ALLOWED IN THE M FOUR.

SO THERE ARE, UH, FOUR PROPOSED USES THAT WOULD DEVIATE FROM THE BASE ZONE.

THE OTHER, UM, DEVIATIONS INCLUDE THE BUILD TO RANGE, WHICH IS TECHNICALLY COULD BE CONSIDERED RELIEF FROM THE M FOUR.

SO OUR M FOUR DISTRICT IS INTENDED TO BE VERY URBAN IN NATURE, LIKE THE ADDISON CIRCLE AREA.

HOWEVER, THE ONE VERY UNIQUE THING ABOUT THIS PROJECT IS IT HAS A LOT OF FRONTAGES.

IT OBVIOUSLY FRONTS TO THE COTTON BELT TRAIL TO THE SOUTH, UM, TO THE NORTH RELATION TO THE HANGAR FRONTS ONTO THE, THE RAIL.

IT ALSO HAS FRONTAGES ON QUORUM AND ARAPAHOE DEPENDING ON WHAT SITE YOU LOOK AT.

SO WHEN YOU'RE TALKING ABOUT A BUILD TWO RANGE, IT WAS VERY CHALLENGING TO HAVE ALL BUILDINGS ON ALL FRONTAGES EVERYWHERE WITHOUT CREATING OUTDOOR SPACE.

UM, THAT WAS VERY INTENTIONAL.

SO IN MANY WAY, IN MANY ASPECTS, UM, THE BUILD TO RANGE IS CREATING AN URBAN ENVIRONMENT AND IS CLOSE TO THE STREET FRONTAGE.

HOWEVER, IT'S NOT IN THAT BUILD TO RANGE, WHICH IS ZERO TO 10 FEET FOR ALL FRONTAGES.

AND THEN THE OTHER TWO ITEMS, WHICH ARE ACTUALLY MORE RESTRICTIVE THAN THE UDC ALLOWS IS, UH, MECHANICAL PLACEMENT AND SCREENING.

SO FOR THIS, WE'RE REQUIRING THEM ALL TO BE ROOF MOUNTED TO ALLEVIATE ANY DISRUPTION FROM A PEDESTRIAN PERSPECTIVE AND SOLID WASTE RECYCLING.

WE ARE ASKING, UM, THAT THE DEVELOPER BE VERY STRATEGIC ABOUT THE DESIGN AND PLACEMENT AS WELL AS SHARING.

THOSE WERE FEASIBLE.

ONCE AGAIN, WE DON'T WANT, UM, A LOT OF INDEPENDENT SOLID WASTE FACILITIES THROUGHOUT THE PROJECT, POTENTIALLY DISRUPTING, UH, THE PEDESTRIAN EXPERIENCE.

[00:30:01]

SO FOR A COUPLE ITEMS WE ARE ASKING FOR ACTUALLY MORE RESTRICTIVE STANDARDS.

AND A COUPLE, UM, THERE ARE RELIEF BEING PROPOSED.

SO THE NEXT, UH, SEVERAL SLIDES IS SOME RENDERINGS THAT THE, UM, THAT THE DEVELOPER QIP HAS PUT TOGETHER TO GIVE YOU SOME ADDITIONAL INSIGHT INTO WHAT THE DEVELOPMENT WILL LOOK LIKE.

UM, SO THIS IS THE HOTEL AND PARKING STRUCTURE.

YOU CAN SEE ON THE RIGHT HAND SIDE THERE IS A ROOFTOP POOL WITH OTHER, UM, AMENITY SPACE BEING PROPOSED.

THIS IS ANOTHER, UM, KIND OF SKY VIEW OF THE HOTEL PARKING GARAGE AS WELL AS THE RETAIL SITE.

UH, ALONG FESTIVAL WAY.

THIS IS A VIEW FACING TOWARDS, UH, THE NORTHWEST.

UM, YOU SEE ALLISON CIRCLE PARK IN THE DISTANCE SHOWING THE, UM, POSSIBILITY OF AN OUTDOOR, UH, RECREATION, UM, FACILITY THERE, AS WELL AS SOME OUTDOOR, UM, ENTERTAINMENT PROGRAM SPACE AND OTHER PEDESTRIAN IMPROVEMENTS AND LANDSCAPING.

THIS WOULD BE THE ENTERTAINMENT FACILITY, UM, BOTH FROM THE SOUTH AND NORTH SIDE OF THE FACILITY.

THIS IS THE, UH, FARMER'S MARKET, THE RETAIL TRIO.

UM, YOU SEE THE COURTYARD POSITIONS IN THE CENTER AS WELL AS VARIOUS PEDESTRIAN AREAS, UH, SURROUNDING THAT AND, AND ENGAGING THOSE RETAIL BUILDINGS.

UM, THIS IS TWO OTHER, UH, TWO, THE TWO OTHER RETAIL, UH, SITES ON THE PROJECT.

THE ONE ON THE LEFT IS IN FRONT OF THE HOTEL.

THE ONE ON THE RIGHT IS AT THE HARD CORNER OF QUORUM AND ARAPAHO ADJACENT TO THE OFFICE BUILDING.

UH, THIS IS THE PROPOSED HANGAR FACILITY AT THE CORNER OF ARAPAHO AND QUORUM, UM, KIND OF GIVING A NOD TO THE AIRPORT, UM, WITH THE ARCHITECTURAL STYLE.

AND THEN THIS IS THE PROPOSED MASS TIMBER OFFICE BUILDING AS WELL AS, UH, PARKING STRUCTURE, WHICH WOULD BE ACROSS SPECTRUM DRIVE.

AND HERE'S ANOTHER PHOTO SHOWING THAT, UM, ANTICIPATED, UH, PEDESTRIAN CONNECTION.

SO TALKING A LITTLE BIT ABOUT SOME OF THE DEVELOPMENT STANDARDS.

SO, UH, I JUST WANNA REITERATE RIGHT NOW WE ARE AT A CONCEPTUAL PHASE.

SO WE ARE REVIEWING, BASED UPON THE INFORMATION WE HAVE, THEY, WE ARE IN THE PROCESS OF WORKING WITH THE DEVELOPER TO PARTNER TO FINALIZE A DESIGN TEAM, WHICH WE WILL HAVE TO THEN, UH, WORK WITH THEM TO DEVELOP ALL OF THE PLANS AND GET, UM, INTO THE, THE DETAIL OF THE PROJECT.

HOWEVER, THE NEXT SEVERAL SLIDES IS INFORMATION WE CURRENTLY HAVE BASED UPON THE CONCEPT PLAN.

SO WE DID REVIEW THE PARKING BASED UPON THE APPROVED STANDARDS WITHIN THE UNIFIED DEVELOPMENT CODE, UM, BASED UPON THE PROPOSED USES AND THE PROPOSED SQUARE FOOTAGE AS CONCEPTUALLY SHOWN, UM, THE TOTAL PARKING THAT WOULD BE, UH, REQUIRED IS ON THE RIGHT HAND SIDE IN THE BOTTOM TABLE WOULD BE 1,180 PARKING SPACES.

AND I JUST WANNA RECALL OR REMIND YOU ALL THAT WE ACTUALLY ESTABLISH A PARKING MAXIMUM WITHIN THE UNIFIED DEVELOPMENT CODE, WHICH IS A MAXIMUM OF 125%.

SO ESSENTIALLY YOU CAN ONLY HAVE 25% SURPLUS OF YOUR REQUIRED PARKING.

UM, THE APPLICANT IS PROPOSING, UH, IN TOTAL, INCLUDING ALL PARKING GARAGES, SURFACE PARKING, AS WELL AS STREET PARKING, 1,377 PARKING SPACES, THEY ARE WITHIN THAT THRESHOLD.

SO ONCE AGAIN, THE MAXIMUM ALLOWED IS 125% AND THEY ARE CURRENTLY PROPOSED AT 117%.

UM, NOW I MENTIONED EARLIER THAT THE SURFACE PARKING BETWEEN THE RETAIL TRIO AND THE ENTERTAINMENT FACILITY, UM, IS AN OPPORTUNITY FOR FUTURE DEVELOPMENT SHOULD THE MARKET WARRANT IT.

UM, AND IF THOSE PARKING SPACES WOULD BE ELIMINATED, UH, IN TOTAL ALL OF THEM, UH, THAT WOULD RESULT IN 108% OF THEIR TOTAL PARKING OR 1,279 PARKING SPACES TO SERVE THE PROPOSED USES, UM, FOR THIS CONCEPT PLAN.

I ALSO WANNA TOUCH ON STREETSCAPE.

UM, THAT HAS, THIS HAS BEEN, UM, A PRETTY SIGNIFICANT TOPIC IN PREVIOUS ITERATIONS OF THIS PROJECT.

THE ONE THING, UH, THAT'S REALLY BENEFICIAL ABOUT THE PROPOSED CONCEPT IS MOST OF THE CURRENT IMPROVEMENTS ALONG FESTIVAL WAY ARE ABLE TO BE PRESERVED WITH THE PROPOSAL, UM, BECAUSE THE BUILDINGS ARE NOT BEING, UM, BROUGHT UP SO CLOSE TO THE RIGHT OF WAY AND THE RIGHT OF WAY.

UM, CROSS SECTION IS NOT BEING, UH, COMPLETELY REDESIGNED.

A LOT OF THAT IS BEING PRESERVED AND ENHANCED.

UH, THE ONE THING I DO WANNA NOTE IS THAT THERE ARE A COUPLE OF ACCESS DRIVES THAT ARE BEING PROPOSED.

AND SO THERE WILL HAVE TO BE SOME STREET TREES REMOVED, UM, TO ACCOMMODATE A ACCESS

[00:35:01]

DRIVE, WHICH WOULD BE THE EQUIVALENT OF A FIRE LANE, WHICH IS 24 FEET WIDE.

UM, HOWEVER, UH, IN TERMS OF PREVIOUS ITERATIONS OF THE TOD, SO WOULD BE A SIGNIFICANT INCREASE IN THE NUMBER OF THERE THAT WOULD BE ABLE TO BE PRESERVED ALONG THIS TREE SCAPE.

AND ONCE AGAIN, THAT WILL HAVE TO BE FINE TUNED EXACTLY WHAT THAT INCLUDES AND WE'LL HAVE TO COME BACK BEFORE P AND Z AND COUNCIL FOR CONSIDERATION.

AND THEN COMPLIANCE WITH TOWN POLICIES, UH, BOTH LAND USE AND DEVELOPMENT POLICIES.

UH, STAFF EVALUATED, UM, THREE DIFFERENT, UM, POLICIES INCLUDING THE COMPREHENSIVE PLAN, THE ADDISON CIRCLE SPECIAL AREA STUDY, AND THE TRANSPORTATION PARK AND TRAIL MASTER PLANS.

SO THIS IS OPTION THREE, WHICH I TALKED ABOUT EARLIER FROM THE ADDISON CIRCLE SPECIAL AREA STUDY.

THERE WERE THREE OPTIONS CONSTITUTED.

ONE WAS HEAVY, UH, IN RESIDENTIAL, ONE WAS HEAVY IN OFFICE AND THIS WAS ACTUALLY CALLED THE FOOD FOCUS, UM, OPTION THREE, WHICH REALLY CONTEMPLATED, UM, SOMETHING SIMILAR TO THE FARMER'S MARKET OR THE HANGAR.

UM, AND SO THIS REALLY ALIGNS WITH THAT THINKING ABOUT, UH, THE RETAIL, THE RESTAURANT, AS WELL AS THE OFFICE COMPONENT.

UM, AND THEN IT'S ALSO ALMOST A HYBRID OF OPTION TWO, WHICH CONTEMPLATED A HOTEL AS WELL.

SO, UH, IT TOOK MANY COMPONENTS FROM THAT, UH, STUDY AND COMBINED THEM, UM, INTO THE PROJECT YOU HAVE TODAY.

SOME THINGS THAT REALLY, UM, WERE HIGHLIGHTED BASED UPON, UH, OR FROM THE PLAN BASED UPON THE PROPOSAL TONIGHT INCLUDES, UH, BEING A MAJOR DESTINATION ON THE SILVER LINE, INCLUDING WITH THE, UH, THE ENTERTAINMENT FACILITY, UH, A OPPORTUNITY FOR LIVE, WORK AND PLAY WITHIN ADDISON CIRCLE.

UM, AND THEN ALSO TO STRENGTHEN STRENGTHENS THE TOWN'S TAX BASE AS WELL.

SOME COMMON THEMES, UH, IN GENERAL WE'VE SEEN ACROSS VARIOUS PLANS INCLUDING THE ADDISON CIRCLE SPECIAL AREA STUDY, UM, INCLUDE DIVERSE BUILDING TYPES AND FUNCTIONS.

UH, BOUTIQUE HOTEL, UH, HAS BEEN MENTIONED IN MANY DIFFERENT, UM, PLANS ACROSS THE, THE TOWN, UM, ECONOMIC VITALITY, UH, AND THEN HUMAN STA, HUMAN SCALE STREETS AND BUILDING DESIGN AS WELL AS, UH, HIGH QUALITY PUBLIC SPACES.

SO, UM, STAFF BELIEVES WE'RE REALLY TOUCHING ON ALL THESE COMPONENTS WITH THE CONCEPT PLAN AND, UH, WE'LL BRING FORWARD AT A LATER TIME, UH, A PLAN THAT SHOWS ALL OF THESE IN GREAT DETAIL.

SO GOING THROUGH SOME OF THE MITIGATION, UM, OR MITIGATION OF DEVELOPMENT IMPACTS FOR THE PROJECT, I WANNA TOUCH ON VARIOUS COMPONENTS STARTING WITH THE TRAFFIC GENERATION AND CIRCULATION.

UH, SO FIRST AND FOREMOST I WANNA POINT OUT THAT THERE ARE NO PROPOSED MODIFICATIONS TO THE EXISTING ROADWAY NETWORK.

I KNOW PREVIOUS ITERATIONS DID AND THIS PROJECT DOES OR PROPOSAL DOES NOT.

UM, AND THEN JUST FOLLOWING UP WITH THE FACT THAT WE DO REQUIRE TRIP GENERATION ANALYSIS AND THERE ARE CER CERTAIN THRESHOLDS THAT WOULD THEN TRIGGER A FULL, UH, TRAFFIC IMPACT ANALYSIS AND THIS PROPOSAL DID NOT MEET THOSE THRESHOLDS AND IT WAS DETERMINED THAT OUR EXISTING ROADWAY NETWORK COULD HOLD THE CAPACITY.

UM, PREVIOUS ITERATIONS DID EXCEED THAT THRESHOLD AND DID REQUIRE A TIA STAFF WAS ABLE TO UTILIZE ALL OF OUR KNOWLEDGE FROM PREVIOUS ITERATIONS AND PREVIOUS TIAS.

PLUS WE HAVE CURRENT TRAFFIC DATA, UH, ON THESE ROADWAYS AS WELL AS, UH, VARIOUS STUDIES IN THE AREA TO SUPPORT THE REVIEW OF THIS, UH, PROJECT LOOKING AT THE ADDISON AIRPORT.

UM, SO OBVIOUSLY A PART 77 STUDY WILL HAVE TO BE COMPLETED WITH, UH, THE BUILDING PERMIT, WHICH EVALUATES HEIGHT AND OTHER IMPACTS RELATING TO THE AIRPORT.

UM, SO ANY DEVELOPMENT THAT'S AT THIS LOCATION WILL HAVE TO GO THROUGH THAT PROCESS.

AND THEN THE OTHER THING I WANNA NOTE, JUST BECAUSE, UM, IT HAS BEEN TALKED ABOUT, UH, NUMEROUS TIMES THAT DOES NOT APPLY TO THIS PROPOSAL IS THE NOISE CONTOURS.

SO PREVIOUS ITERATIONS, UM, THE FAA DOES REQUIRE THAT RESIDENTIAL DEVELOPMENTS BE LOCATED OUTSIDE OF THE 65, UM, DECIBEL NOISE CONTOUR.

HOWEVER, THIS PROJECT DOES NOT HAVE RESIDENTIAL AND SO IT DOES NOT IMPACT THIS PARTICULAR PROJECT.

AND THEN LOOKING AT UTILITIES AND PUBLIC SERVICES.

SO WE DID, UM, WORK WITH THE APPLICANT TO DO A FEASIBILITY STUDY, UM, TO DETERMINE IF WE, OUR CURRENT INFRASTRUCTURE WAS ABLE TO SUPPORT THE PROJECT, UM, AND DETERMINE THAT IT EITHER CAN OR THROUGH STRATEGIC, UM, PUBLIC IMPROVEMENTS AND PARTNERSHIP WITH THE DEVELOPMENT, IT WILL BE ABLE TO BE ADEQUATELY SERVED.

UM, IF APPRO, IF THIS PROJECT IS APPROVED AND MOVES FORWARD, IT WILL HAVE TO GO THROUGH A FULL, UH, CIVIL ENGINEERING PROCESS.

AND THEN ADDITIONALLY, UM, THERE IS ADEQUATE ACCESS FOR EMERGENCY SERVICES AND IT IS LIKELY THAT

[00:40:01]

THE DEVELOPMENT OF THIS POTENTIAL, THIS PROPERTY WILL ACTUALLY, UM, PROVIDE MORE EYES ON THE STREET AND MORE ACTIVITY AND COULD DECREASE THE AMOUNT OF LOITERING, UH, WE SEE WITHIN THAT AREA SOUTH OF THE PARK THAT IS UNDEVELOPED TODAY.

SO NEXT STEPS, I KNOW I'VE POINTED THIS OUT SEVERAL TIMES, BUT THIS IS THE PRELIMINARY, UH, PLAN DEVELOPMENT WHICH WOULD APPROVE A CONCEPT PLAN AS WELL AS PERMITTED USE AND DEVELOPMENT STANDARDS.

AND IF APPROVED BY COUNCIL THEN THE TOWN AND QIP WOULD NEED TO DEVELOP A FULL SET OF DEVELOPMENT PLANS TO BE BROUGHT BACK FOR A FINAL DEVELOP PLAN DEVELOPMENT APPROVAL BY PLANNING AND PLANNING AND ZONING, UH, AND UH, CITY COUNCIL AT A LATER DATE.

SO STAFF DID PROVIDE NOTICE, UH, WITH ALL PROPERTY OWNERS WITHIN 200 FEET OF THE SITE, UM, WHICH INCLUDED 34 RECIPIENTS.

AND WE HAVE NOT RECEIVED ANY FEEDBACK, UH, FROM ANY, UM, OF THOSE PROPERTY OWNERS.

WE ALSO HAVE NOT RECEIVED ANY OTHER FEEDBACK, UM, FROM OTHER INDIVIDUALS ON, ON THE PROJECT.

SO STAFF, UM, HAS PROVIDED A RECOMMENDATION, UH, WHICH WE BELIEVE IT COMPLIES WITH THE INTENT OF THE TOWN'S DEVELOPMENT REGULATIONS AS I DISCUSSED EARLIER, AS WELL AS IS CONSISTENT WITH THE TOWN POLICIES AND MASTER PLANS.

UM, IS HOWEVER, IF UH, THE PLANNING AND ZONING COMMISSION RECOMMENDS APPROVAL SHOULD THEY CHOOSE STAFF RECOMMENDS TO THE TWO CONDITIONS, UH, BEFORE YOU INCLUDING THAT THE DEVELOPMENT MUST BE EX EXECUTED, UM, IN ACCORDANCE WITH EVERYTHING WE'VE TALKED ABOUT AS WELL AS THE DEFINITIVE AGREEMENTS WHICH ARE EXECUTED BY CITY COUNCIL.

AND THOSE DO NOT COME BEFORE, UH, PLANNING AND ZONING COMMISSION AS WELL AS THE FINAL PLAN DEVELOPMENT SITE APPROVAL MUST BE COMPLETED PRIOR TO ANY PERMIT FOR CONSTRUCTION ON THE SITE.

I'D BE HAPPY TO TAKE QUESTIONS.

THANKS LESLIE.

THE QIP IS ALSO PRESENT.

I HAVE A QUESTION THAT'S SOMEWHAT RELATED BUT UNRELATED AT THE SAME TIME.

I JUST WANT SOME CLARIFICATION.

SO WHEN YOU DO AN ENTERTAINMENT VENUE, INDOOR OUTDOOR, HOW DOES IT WORK OF A PLACE LIKE THE, LIKE IT'S PROBABLY NOT THE BEST EXAMPLE THAT HAS REMOVABLE DOORS OR OPENED UP GARAGE STYLE, WHATEVER, THAT IT BECOMES ULTIMATELY AN OUTDOOR SPACE IN YOUR WORLD.

DOES THAT HAVE TO GO UNDER AN INDOOR CODE OR DOES IT HAVE TO HAVE BOTH AN INDOOR AND AN OUTDOOR? ARE YOU FOLLOWING WHAT I'M, YES.

UM, SO FROM A, ARE YOU ASKING FROM A ZONING PERSPECTIVE OR LIKE A BUILDING CODE ZONING PERSPECTIVE IF YOU WOULD HAVE TO HAVE ZONED FOR BOTH INDOOR AND OUTDOOR OR DOES IT FALL UNDER INDOOR? THAT'S KIND OF WHAT I'M THINKING.

I WOULD OH, OKAY.

I WOULD UM, SAY BOTH.

UM, BECAUSE IN MOST CASES, UH, THERE WOULD PROBABLY BE ADDITIONAL SCRUTINY IF IT WAS OUTDOORS JUST BECAUSE IT'S YOU, THERE'S VOL, THERE'S MORE OPPORTUNITY FOR NOISE OR LIGHT, RIGHT? BUT THAT, WHAT I'M GETTING AT IS, IS THERE'S MAYBE NOT NECESSARILY A TON OF OUTDOOR SPACE.

THEY JUST HAVE THE ABILITY TO OPEN UP THEIR INTERIOR TO MAKE IT FEEL LIKE IT'S OUTDOOR OR OPEN AIRED.

BUT THERE'D PROBABLY BE A ROOF.

I'M JUST CURIOUS MORE FOR MY OWN KNOWLEDGE.

SO LET ME FIND, UM, SO ON THIS PARTICULAR IMAGE YOU CAN SEE THE BUILDING IS UM, IN AN ABBREVIATED U SHAPE IN THE AREA THAT'S GENERALLY, UM, AN EXTENSION OF THE EXTERIOR WALLS THAT IS INTENDED TO BE, UM, WHAT I'M GONNA CALL ENCLOSED SPACE, NOT PHYSICALLY ENCLOSED LIKE A BUILDING, BUT YOU, IT DOESN'T HAVE FREE FLOWING ACCESS FROM ANY PUBLIC THEY WOULD HAVE TO ENTER INTO THE FACILITY.

UM, SO YOU KIND OF SEE WHERE THERE IS UM, WHAT IS CONTEMPLATED AS SOME SORT OF FENCE OR BARRIER TO KEEP IT INSIDE.

THERE ARE RULES RELATED TO ALCOHOL SALES.

WELL, AND I WASN'T, WASN'T NECESSARILY SPECIFIC TO THIS ASSET, I WAS JUST MORE CURIOUS FROM THE KNOWLEDGE OF US, LIKE HOW THAT FALLS IF IT BECOMES ALL CODED OR ZONED BY INDOOR OR YOU HAVE TO DO BOTH INDOOR AND OR OUTDOOR.

IF YOU GO TO THAT KIND OF CONCEPT OF UNDERSTAND OPENING DOORS 'CAUSE IT BECOMES SOMETHING A LOT WITH SOUND ISSUES IS I WOULD GOTCHA.

THIS IS MORE MY PERSONAL INFORMATION WHILE WE'RE HERE.

SO I WOULD, I WOULD SAY, UM, THEY WOULD NEED TO BE, BOTH WOULD NEED TO BE CONTEMPLATED INDEPENDENTLY, UM, FOR ALL THE REASONS WE TALKED ABOUT.

ANYWAY, COMMISSIONERS QUESTIONS.

YEAH, I GOT A COUPLE FOR LESLIE WHILE SHE'S HERE.

UM, SO FORGIVE ME, I DIDN'T GET A CHANCE TO REVIEW THAT CHART OF PARKING BEFORE.

UM, AND I CAN'T READ IT TERRIBLY WELL, MAYBE I AM GETTING WORSE.

IT'S ON YOUR ONEDRIVE TOO.

OH, IT'S ON THE ONEDRIVE NOW? YEAH.

I'LL NEED TO REFRESH IT AND LOOK.

BUT, SO WE'RE AT A 117% OF THE PARKING REQUIREMENTS CURRENTLY.

MM-HMM DOES THAT INCLUDE THE TRANSIT STATION RELIEF OR IS THAT 117% OF THE DEFAULT M FOUR? THIS IS THIS.

SO WHAT IS INCLUDED IN THIS PARKING SUPPLY THAT IS BEING PROVIDED IS ALL OF THE PARKING THAT THE DEVELOPER HAS CONTROL

[00:45:01]

OVER.

SO JUST FOR ADDITIONAL CLARITY, THIS AREA SHOWN IN RED IS NOT INCLUDED RIGHT? BECAUSE WE AS THE TOWN AS WELL AS THE QIP WILL NOT HAVE CONTROL OVER THAT SPACE.

OH, THAT'S FINE.

UH, SO I GUESS TO REPHRASE MY QUESTION, IT'S THIS ENTIRE DEVELOPMENT LOOKS LIKE IT'S ABOUT WITHIN ONE QUARTER MILE OF A TRANSIT STATION.

IS THAT RELIEF BEING USED TO CALCULATE THE TOTAL REQUIRED PARKING? NO, I UNDERSTAND THAT.

YOU'RE TALKING ABOUT THE 20% RELIEF.

EXACTLY.

NO.

THE, UM, APPLICANT HAS ELECTED NOT TO USE THAT 20% THAT, UM, IF YOU LOOK IN THE CODE, THAT IS A RELIEF.

THAT IS AN OPTION.

IT SAYS IT MAY BE APPLIED, UM, BUT IT IS NOT A REQUIREMENT THAT IT IS APPLIED.

UM, AND THEN THIS ONE MIGHT BE ONE FOR BECKY.

WHY DID WE GO FOR NO UNDERGROUND PARKING AND USING SURFACE LOTS AND STANDING GARAGES? I THINK MAYBE CHAD, CHAD, DO YOU WANNA HIT THAT ONE? LET'S HOLD OFF ON THAT ONE.

YEAH, WE CAN HOLD OFF WHEN YOU GET COME UP CHAD.

YOU CAN ADDRESS THAT.

KEEP GOING.

AND, UM, LET'S SEE.

SORRY HERE.

UM, AND THEN ONE QUESTION, JUST FOR MY UNDERSTANDING.

DOES THE CAPACITY OF THE TRANSIT STATION AFFECT THE TRIP GENERATION THRESHOLDS? IS THAT CALCULATED IN THE METHODOLOGY OR IS IT JUST THINKING ABOUT THE CAR TRAFFIC? I'M GONNA DEFER TO BECKY ON THAT ONE.

GOOD EVENING.

BECKY DIVINITY, DIRECTOR OF PUBLIC WORKS AND ENGINEERING, UM, THE TRIP DURATION AND THE TRAFFIC COUNT DASHBOARD CURRENTLY AND THE INFORMATION THAT WAS PROVIDED AND BEEN USED THROUGHOUT THE SYSTEM IS ONLY USING VEHICULAR TRAFFIC.

UM, OKAY, I'VE GOT BIG QUESTIONS PROBABLY SOUNDS LIKE FOR, FOR CHAD, BUT, UH, I'M ALL GOOD RUSH FOR NOW.

I DO HAVE ONE QUESTION.

UM, SO YOU MENTIONED THAT THERE WAS A TRAFFIC STUDY NEEDED UNDER THE PRIOR, UH, PLAN, THE HEAVY RESIDENTIAL, BUT NOW IT'S NOT.

IS THAT AVAILABLE FOR REVIEW? HOW DOES THAT WORK? HOW, HOW DOES THAT THE PREVIOUS TIA WELL, IN OTHER WORDS, HOW DO YOU DETERMINE IT'S NOT NEEDED NOW? SO YOUR COMMENT WAS IT WAS NEEDED PREVIOUSLY, NOW IT'S NOT.

SO TO ME THAT'S FINE, BUT I'M JUST CURIOUS 'CAUSE I KNOW THERE'S A HUGE ENTERTAINMENT PIECE TO THIS PLAN'S KIND OF DIFFERENT.

HOW DO WE KIND OF GET OUR ARMS AROUND THAT? HOW DO WE UNDERSTAND THAT? SURE.

YEAH, NO, I'D BE HAPPY TO KIND OF ELABORATE.

UM, AND WE CAN PROVIDE YOU THAT INFORMATION AS WELL.

YOU DON'T KNOW, ENTERTAINMENT USE IS VERY BROAD.

I DON'T HAVE IT READILY.

NO, THAT'S FINE.

THAT'S FINE.

UM, SO WE USE THE, UM, INSTITUTE OF TRAFFIC ENGINEER MANUAL, WHICH IDENTIFIES, UM, DIFFERENT LAND USES AND STANDARD TRIP GENERATIONS THAT ARE, THAT ARE, THAT ARE CREATED BASED UPON AN EVALUATION OF A WIDESPREAD SAMPLE OF THAT TYPE OF USE.

SO FOR EXAMPLE, UM, ONE COULD BE A SINGLE FAMILY HOME AND THEN THEY DO A STUDY OVER A LARGE SAMPLE AND IDENTIFY ON AVERAGE, WHICH I DON'T RECALL, THAT'S OFF THE TOP OF MY HEAD.

MAYBE CHELSEA KNOWS .

THE, IT WOULD BE LIKE 1.2 TRIPS PER DAY.

I'M MAKING ALL OF THIS UP JUST FOR, FOR EXPLANATION.

UM, AND THEN BASED UPON THAT WE WOULD SAY THERE ARE, YOU KNOW, 10 SINGLE FAMILY HOMES.

SO OUR AVERAGE TRIP GENERATION PER DAY IS 1.2 TIMES 10.

SO THAT'S HOW WE GENERATE ALL OF THIS.

AND THAT'S FROM THE, UH, ONCE AGAIN THE INSTITUTE OF TRAFFIC ENGINEERS.

UM, AND SO WHEN WE HAVE A CONCEPT LIKE THIS AS WELL AS THE PREVIOUS ITERATIONS, WE UNDERSTOOD THE TYPE OF OF USE AS WELL AS THE UNIT COUNT.

AND WE COULD EXTRAPOLATE THAT BASED UPON THE AVERAGE TRIPS TO GENERATE THE, IF IT, IF IT DID OR DID NOT MEET THE THRESHOLD.

UM, TYPICALLY FOR ALL PROJECTS, UM, THAT ARE OF SIGNIFICANT SCALE IN TERMS OF REDEVELOPMENT OR NEW DEVELOPMENT, UM, WE DO REQUIRE THEM TO PROVIDE A TRIP GENERATION BECAUSE OUR THRESHOLD IS A THOUSAND TRIPS PER DAY OR A HUNDRED PER PEAK.

IT'S, I THINK IT'S SOMETHING APPROXIMATELY A THOUSAND TRIPS PER DAY AS OUR THRESHOLD.

SO ONCE AGAIN, WE, UH, GATHER ALL OF THAT DATA AND DETERMINE IF IT IS OR IS NOT OVER THE THRESHOLD.

AND THAT'S WHAT ULTIMATELY DETERMINES IF A FULL TIA IS NEEDED OR NOT.

AND I CAN PROVIDE YOU THAT INFORMATION.

ANY OTHER QUESTIONS? HOW MANY? YES, I HAVE SEVERAL.

HOW MANY PEOPLE ARE EXPECTED AT THE ENTERTAINMENT VENUE? HOW MANY PEOPLE IS IT'S GONNA HOLD? I SAW SQUARE FOOTAGE, I DIDN'T SEE THE NUMBER OF PEOPLE.

SO, UH, OCCUPANCY IS NOT ESTABLISHED UNTIL, UM, I MEAN WE COULD PROBABLY HAVE AN ESTIMATE, BUT OCCUPANCY T TYPICALLY ISN'T ESTABLISHED UNTIL WE REVIEW FOR FIRE.

SO HOW COULD WE FIGURE OUT HOW MANY PEOPLE WERE GONNA BE INVOLVED IN TRAFFIC IF WE DON'T KNOW HOW MANY PEOPLE ARE GONNA GO TO THE VENUE? ONCE AGAIN, WE USE THE INSTITUTE OF TRAFFIC ENGINEERS, UM, WHICH IS INDUSTRY STANDARD TO EVALUATE THE NUMBER OF TRIPS ANTICIPATED TO BE GENERATED BY A PARTICULAR USE SUCH AS AN ENTERTAINMENT USE.

BUT

[00:50:01]

YOU COULD HAVE A FOOTBALL STADIUM WITH 50,000 PEOPLE OR YOU COULD HAVE A VENUE WITH A THOUSAND PEOPLE.

AND WE DON'T HAVE, DO WE HAVE A RANGE? HOW MANY PEOPLE ARE GOING TO BE IN THIS KIND OF FACILITY SIZE? SO, SO I'LL ALSO ADD THAT PEOPLE, THE NUMBER OF PEOPLE OR OCCUPANCY IS NOT A GOOD, UM, MEASURE OF NUMBER OF TRIPS BECAUSE YOU HAVE TO FACT THAT, AND THAT'S WHY WE USE THE IT IS BECAUSE IT FACTORS IN THINGS LIKE, UM, AVERAGE NUMBER OF PEOPLE THAT MAY UTILIZE UBER OR OTHER SORTS OF, UM, MODES OF TRANSPORTATION.

IF YOU FACTOR PEOPLE AND SAY ONE OF EVERY TWO PEOPLE IS GOING TO DRIVE A CAR, THAT'S LIKELY NOT AN APPROPRIATE MEASURE OF HOW MANY OF TRAFFIC.

I I AT SOME LEVEL.

YOU HAVE TO KNOW HOW MANY PEOPLE, WELL, I MEAN, I'D BE HAPPY TO GO BACK TO THE BUILDING CODE AND LOOK AT, UH, THE NUMBER OF OF PEOPLE.

PER BUILDING CODE.

I I I FIND IT ODD THAT WE JUST DON'T KNOW HOW MANY PEOPLE YET WE'RE SAYING WE DON'T NEED A TRAFFIC STUDY.

I'M, I'M A LITTLE BIT PERPLEXED BY THAT HOW MANY, HOW MANY, UM, HOTEL ROOMS ARE WITHIN A QUARTER MILE OF, OF THIS NEW PROPOSED HOTEL.

YOU HAVE THE INTERCONTINENTAL OBVIOUSLY, AND I THINK YOU ALSO HAVE THE COURTYARD.

I DID YOU SAY QUARTER MILE? YEAH, I'M, I'M TRYING TO GET THE MAJOR HOTELS THAT ARE, UM, I BELIEVE, DO YOU HAVE ANY OF THAT INFO? YEAH, HALF A MILE.

THEN THERE'S THAT ONE ON ADDISON ROAD THAT'S GOTTA BE WITHIN A QUARTER MILE.

THERE'S TWO ON ADDISON OR ON ARAPAHO.

I MEAN THERE'S, THERE'S MAINSTAY, THERE'S QUALITY SUITES, IT'S FURTHER DOWN ARAPAHOE, THERE IS HYATT HOUSE.

UM, WHICH ONE? RIGHT ON THE SOUTH SIDE OF THE AIRPORT.

I WOULD SAY.

I WOULD SAY THAT THERE ARE NO HOTEL ROOMS THAT HAVE BEEN CONSTRUCTED IN THE LAST 25 YEARS, UH, WITHIN A MILE OF THIS PROPERTY.

DID WE TAKE ANY SPECIAL CONSIDERATION OF THE NUMBER OF HOTELS AND DENSITY OF HOTELS IN THAT AREA? IN IN, IN THIS PLANNING PROCESS? DID WE REACH OUT SPECIFICALLY TO THE HOTELS MM-HMM .

AND SAY, WILL THIS IMPACT YOUR BUSINESS? IS IT OF A CONCERN TO YOU, NOT CONCERN? DID WE DO ANY OF THOSE THINGS? WELL, YEAH, AND I THINK WES, I'M GONNA CALL HIM UP BECAUSE I THINK HE'S WAYNE.

WAYNE, SORRY.

SORRY WAYNE.

'CAUSE I THINK THERE'S SOME STUFF THAT, THAT CORRECT.

THAT DEPARTMENT HAS GOTTEN BACK FROM FEEDBACK ABOUT BUSINESSES THAT ARE IN THIS TOWN AND WHAT THEY'RE, THEY TELE ECONOMIC DEVELOPMENT.

WE'VE JUST HAD PROBLEMS WITH HOTELS RECENTLY, SO I'M JUST WANNA REALLY NOTE THAT.

SORRY ABOUT THAT.

WE'VE GOT OUR HANDS ON IT.

I GOT A W RIGHT.

I'M SORRY, .

IT HAPPENED MULTIPLE TIMES GROWING UP.

I SHOULD REMEMBER IT.

MY DAD, MIDDLE NAME WAS WAYNE, SO NOW I GOT IT.

I GOT IT.

I, OR DWAY, I, YOU KNOW, WADE, I GO BY MANY THINGS, BUT IT'S ACTUALLY WAYNE EMERSON, DIRECTOR OF ECONOMIC DEVELOPMENT.

UM, NO, TO ANSWER YOUR QUESTION, WE DID DO A HOTEL, UH, MARKET STUDY IN CONJUNCTION WITH QIP AND THEN WE DID REACH OUT TO THE RENAISSANCE SPECIFICALLY AND THEN, UH, THE COURTYARD BY MARRIOTT, WE HEARD SOME FEEDBACK FROM THEM.

UM, GENERALLY SPEAKING, UH, VERY EXCITED ABOUT THE ENTERTAINMENT COMPONENT OF THE DEVELOPMENT BECAUSE, UH, MOST OF THEIR BUSINESSES, UH, LIMITED TO WEEKDAY ACTIVITY.

SO BRINGING IN THE ENTERTAINMENT COMPONENTS, UH, SEEN AS A, A VAST POSITIVE FOR THEIR WEAK OR THEIR WEAKENED BUSINESS.

AND THEN ALSO, UH, SPECIFICALLY TO THE RENAISSANCE, MUCH OF THEIR CONVENTIONS, THEY ACTUALLY DON'T EVEN HAVE ENOUGH SPACE IN THEIR HOTEL TO CURRENTLY, UH, PROVIDE ENOUGH ROOMS. AND SO, UH, QUOTE ASKED AND ANSWERED, I JUST WANTED TO KNOW IF WE HAD DONE SPECIAL WORK.

OH YEAH, ABSOLUTELY.

GIVEN OUR RECENT CONCERN WITH HOTELS.

YEP.

ANYTHING ELSE? WELL, AND I THINK THERE'S A TRICKLE UP HOPEFULLY THAT YOU BRING THE QUALITY ALONG WITH IT AND MAYBE GET RID, JUST WANTED TO MAKE SURE THE QUESTION WAS ASKED WAS THAT IT OR TYLER? I SAW, I JUST DON'T, I JUST DON'T KNOW IF IT'S PRUDENT FOR LAND USE.

BECAUSE I'M JUST KIND OF CURIOUS ABOUT WAYNE'S PERSPECTIVE ON DART STAYING OR LEAVING AND HOW, AND HOW THIS IS USED.

WOULD THERE BE ANY CALCULUS IN THE, THE LAND USE THAT YOU WOULD WANT FROM AN ECONOMIC DEVELOPMENT PERSPECTIVE? IF DART WERE TO LEAVE? HONESTLY, I'D PROBABLY DEFER TO, TO CHAD ON THAT JUST 'CAUSE IT IS A MARKET QUESTION AND HE'S GONNA BE A BIT MORE OF AN EXPERT ON THAT.

SURE.

UM, IF YOU'RE OKAY, ANY OTHER QUESTIONS BEFORE? OKAY, CHAD, WHY DON'T YOU COME UP, UH, STATE YOUR NAME AND ADDRESS FOR THE RECORD PLEASE.

UH, CHAD COOK, UM, 46 0 5 BLUFF VIEW BOULEVARD IN DALLAS.

AND DID YOU HAVE A FORMAL PRESENTATION OR DID YOU JUST WANNA FIRE AWAY A QUESTION YOU YOU'RE JUST READY FOR? NO, UH, I WAS KIND OF HERE TO ANSWER QUESTIONS AND OKAY.

IT'S HARD TO TOP LESS.

BIG FAN OF THE ORIGINAL WITH THE HOUSING.

NO PRESENTATIONS.

SO.

ALRIGHT, GO AHEAD TYLER.

ALRIGHT.

HI CHAD, NICE TO MEET YOU.

TYLER WRIGHT, TYLER.

UM, SO I, I'VE BEEN FOLLOWING THIS FOR A WHILE.

I WILL ADMIT I'M A, I WAS A

[00:55:01]

UM, I THINK WHAT YOU HAVE IS, WHAT YOU HAVE IS GOOD.

I, I WANT A LITTLE MORE AND I LIKE THAT THERE'S SPACE IN THE PARKING LOT FOR EVENTUALLY A LITTLE MORE.

SO REGARDING MY QUESTIONS, UM, I'LL START WITH THE PARKING.

SO WE TALKED ABOUT HOW YOU DIDN'T MAKE USE OF THE RELIEF RADIUS AND THERE'S NO UNDERGROUND PARKING.

COULD YOU TALK MAYBE BROADLY ABOUT YOUR RATIONALE FOR HOW YOU DEVELOPED THE PARKING AND, UH, YOU KNOW, WHY YOU WANT A SURPLUS? SURE.

UH, THERE'S A COUPLE DIFFERENT THINGS, I GUESS, UM, TO YOUR POINT ON UNDERGROUND PARKING, ESPECIALLY FOR THIS MUCH, YOU KNOW, FOUR OR FIVE LEVELS DOWN, RIGHT? IT'S EXTREMELY EXPENSIVE IN THIS ENVIRONMENT TO TRY TO MAKE THIS WORK.

OBVIOUSLY.

UM, WE ALREADY NEED SOME SUPPLEMENT, WHICH, YOU KNOW, WE'VE WORKED FOR A LONG TIME NOW WITH THE EDC ON, SO IT'S NOT REALLY COST FEASIBLE.

WE ALSO WERE VERY CONSCIOUS OF WHAT ARE WE GONNA DELIVER DAY ONE OR IN THESE FIRST INITIAL PHASES, HOW WILL THAT FEEL AND HOW MUCH IS REALISTIC FOR DENSITY THAT WE THINK WE CAN GO FIND, BRING IN.

AND WE FELT LIKE THIS PLAN, UH, AND AGREE WITH YOU, LOVE THE ORIGINAL PLAN THAT WE GOT BROUGHT IN JUST TO THE OFFICE ON WHEN THAT, UH, HIT THE DEED RESTRICTION ISSUE.

THIS WAS SORT OF WHAT KIND OF CAME TO MIND WITH US AS WE WORKED THROUGH IDEAS AND WE'RE ACTUALLY VERY EXCITED ABOUT NOW.

BUT, UM, SO THAT'S ANSWERS YOUR QUESTION ON UNDERGROUND PARKING, RIGHT? W WE ARE BUILDING MORE PARKING THAN WE WOULD IF WE WERE GONNA BE DONE AT THIS STAGE.

THERE ARE A COUPLE DIFFERENT THINGS THAT FACTOR INTO WHAT YOU SEE IN THE PLAN WHEN YOU FIRST OPEN SOMETHING NEW LIKE THIS, LIKE A NEW DESTINATION ENTERTAINMENT DISTRICT.

UH, IT'S VERY IMPORTANT THAT IT'S VERY EASY FOR YOUR NORMAL EVERYDAY PATRON TO FIND PARKING.

UM, OVER TIME YOU CAN ADD IN MORE THINGS LIKE VALET OR IF THEY NEED TO GO IN A GARAGE.

BUT PART OF THE THOUGHT WITH THE 98 PARKING SPOTS THAT ARE IN BETWEEN, UH, THE FARMER'S MARKET AND THE, THE BEER GARDEN WAS, YOU'D HAVE AN INITIAL SPOT THAT WAS, AGAIN, EASY, UM, WOULD HELP PLAY INTO ALL THE DIFFERENT ACTIVITIES WITH THE CITY OR WITH THE TOWN.

AND THEN ULTIMATELY THAT COULD BE A DEVELOPMENT PARCEL WHERE THEY, YOU CAN REPLACE SOME OF THAT PARKING MM-HMM .

AND ALSO KNOW A LITTLE BIT MORE ABOUT YOUR CONSTITUENCY AND WHAT YOU MIGHT WANT TO ADD LATER INSTEAD OF TRYING TO SORT OF GUESS AT IT NOW.

SO WE THINK THAT PARKING DENSITY, UH, GOES DOWN OVER TIME AS PEOPLE KIND OF LEARN THE WAY AND A CHANCE TO UNDERSTAND DART HOW MANY USERS WILL USE IT.

YOU KNOW, SOME TODS IT'S NOT USED VERY MUCH AT ALL.

OTHER ONES THAT CAN BE USED MORE.

OBVIOUSLY THERE ARE SOME OTHER QUESTIONS ABOUT WHAT HAPPENS LONG TERM, SO, WHICH DIDN'T FACTOR INTO THIS OBVIOUSLY AT THE TIME.

BUT, UM, GIVING US TIME TO SORT OF UNDERSTAND THAT AND HOW MUCH WOULD THAT BE USED FOR, THE DIFFERENT SORT OF ACTIVITIES WE HAVE PLANNED.

UM, THANKS FOR THAT, UH, CONTEXT.

AND SO KIND OF CONTINUING ON WITH THIS, I KNOW I WAS WALKING THROUGH THE NEIGHBORHOOD TODAY 'CAUSE I, I LIVE HERE IN THE CIRCLE AND I WENT THROUGH THE PARKING GARAGES IN MAA KIND OF JUST CLOSE TO THE PROPOSED OFFICE BUILDING YEAH.

AS WELL AS THAT MASSIVE ONE ON THE OTHER SIDE OF YOUR PROPOSED PARKING GARAGE.

THEY, I, I SHARED THE PICTURES OF THE PLANNING AND ZONING COMMISSION, THE UTILIZATION, YOU KNOW, IT'S NOT, UH, A REPLACEMENT FOR A PARKING STUDY, BUT THE UTILIZATION WAS NOT AS CONSISTENT IS SOMETHING THAT WOULD DEMAND EVEN MORE PARKING HERE.

HAVE YOU EXPLORED THE IDEA WITH THE NEIGHBORING BUSINESSES ABOUT SHARED PARKING, UM, TO KIND OF GIVE YOU GUYS SOME MORE SPACE TO BUILD SOMETHING THAT'S NOT JUST CAR STORAGE? SURE.

THAT'S A VERY GOOD QUESTION.

WE, AND WE'VE DONE THAT IN THE PAST AS WE'VE KIND OF DEVELOPERS OR RE DEVELOPERS LIKE URBAN MM-HMM .

AND INFILL, WE'RE USUALLY GONNA BE A LITTLE MORE RESTRICTED ON YOUR PARKING THAN WHAT YOU'D LIKE.

SO THE THOUGHT PRESS IS MAYBE TWOFOLD THERE.

NUMBER ONE, THERE'S A LOT OF EMPTY RETAIL YEP.

IN THOSE PROJECTS.

WE HOPE WHAT WE'RE DOING WILL HELP SPUR THAT TOO.

IF YOU GO TO AN OWNER OF THAT PARKING AND ASK FOR THE RIGHT TO USE IT, THE BEST WE'VE EVER BEEN ABLE TO GET IS SORT OF A MONTH.

A MONTH OR MAYBE IT'S A SIX MONTH OR ONE MONTH AT A TIME, BUT THEY BUILT THAT FOR A REASON AND THEY'LL WANNA MAKE SURE THAT'S THERE IF THEY NEED IT FOR HIGHER OCCUPANCY, ESPECIALLY ON THE RETAIL.

I, I BELIEVE IT'S A GREAT IDEA IS LIKE WE GO FORWARD IF WE'RE GONNA DEVELOP MORE DENSELY MM.

AND WE WANT TO TRY TO LEVERAGE THAT WE HA HAVE HAD SUCCESS, ESPECIALLY LIKE YOUR IMAGES SHOWED.

IF THAT'S EMPTY DURING THE DAYTIME WHEN YOU HAVE APARTMENT, YOU KNOW, USERS OUT AT WORK, THEN SOME FLEXIBILITY THERE IS GREAT.

BUT WE FELT THAT WAS SOMETHING WE COULD SORT OF ADDRESS DOWN THE ROAD.

IT WAS AT LEAST PARKING A HUNDRED PERCENT TO A BUILDING AND YOU'LL GET LENDERS THAT ARE LIKE, WE'RE OUT.

I, I'M SORRY, THE OTHER PART I MENTIONED TWOFOLD, RIGHT? WHEN WITH CERTAIN USES THE RESTAURANTS AND OFFICE, THEY WANNA KNOW THAT PARKING PERMANENT IF THEY'RE GONNA MAKE A COMMITMENT TO COME LEASE YOUR SPACE.

SO THEY WANNA KNOW THAT THAT WILL BE THERE.

AND IF IT'S NOT A PERPETUAL AGREEMENT THAT LIKE THE TOWN OF ADDISON IS A PARTY TO, SO IT CAN'T BE CHANGED, THEN USUALLY IT'S AN, IT'S AN ISSUE FOR THE END USER AND THEIR ADVISORS WHEN THEY'RE LOOKING AT THE SPACE.

WELL, AND NOT TO OVERCOMPLICATE THINGS, BUT YOU CAN GET INTO ISSUES WITH GETTING FINANCING AND THINGS LIKE THAT.

AND I MEAN, I'VE WORKED ON DEALS WHERE

[01:00:01]

YOU, WE WILL NOT LOAN ON THAT.

SO THERE IS, THERE IS BIGGER ISSUES THAN JUST PURELY SEEING THAT PARKING MAYBE ISN'T USED AS MUCH.

THAT'S A GREAT POINT.

YOU KNOW, YOU GOTTA ALSO LOOK AT OCCUPANCIES OF THOSE BUILDINGS.

IF THEY'RE NOT FULL BUILDINGS, OF COURSE THERE'S GONNA BE EMPTY SPACES AND IT, IT'S A COMPLICATED, IT'S NOT JUST SO SIMPLE AS LIKE, HEY, DON'T BUILD AS MUCH AND LET'S USE EVERYBODY ELSE'S.

HE ALSO HAS AN, AN ADDITIONAL COST THEY'D HAVE TO PAY EVERY MONTH TO THAT.

ANYBODY THAT THEY'RE LEASING FROM, AND I DON'T HAVE ANY IDEA THAT RATE WOULD BE WILLING TO DRAMATICALLY OVERPAY FOR THAT.

USE UHHUH FOR THE OWNER.

IT'S NOT REALLY WORTH IT FOR THEM.

EVEN THAT ADDITIONAL INCOME TO GIVE UP SOMETHING PERMANENTLY, LIKE HOWEVER MANY PARKING SPOTS.

NO, I, I THINK THAT'S ALL.

IT'S A GREAT QUESTION THOUGH THAT THAT IS SOMETHING THAT SHOULD HAPPEN MORE, RIGHT? THE, THE MIX OF MULTI THAT PARKING THAT'S EMPTY DURING THE DAY AND, YOU KNOW, COMMERCIAL USES.

AND, AND, AND IDEALLY YEAH, THAT WOULD ALL BE FULL BECAUSE WE BROUGHT IN MORE OCCUPANCY.

SO THANK YOU FOR THE CONTEXT THERE.

I, YOU KNOW, I THINK WE HAVE JUST SO MUCH PARKING, UM, BUT THAT'S A PERSONAL TAKE THAT DOESN'T AFFECT THE LAND USE OF WHAT WE'RE TALKING ABOUT TODAY.

UM, SO MAKING SURE I JUST COVERED ALL MY STUFF.

I'M ALMOST DONE CHAD.

UM, NOW YOU, NOW IN THE MARKETING, WE TALK ABOUT THE SILVER LINE, ALL THIS SORT OF CONNECTION YOU'VE KIND OF BUILT AROUND IT.

UM, DO YOU HAVE ANY CONCERNS, YOU KNOW, THAT YOU'RE ABLE TO SHARE, UH, REGARDING, YOU KNOW, IF ADDISON WERE TO LEAVE AND THAT SILVER LINE WERE TO PASS RIGHT THROUGH, HOW DOES THAT AFFECT YOUR PLANS? IT DOESN'T RIGHT NOW.

AGAIN, SORT OF WHAT I WAS SAYING EARLIER, WE HOPE IT'S AMAZING.

WE HOPE IT STAYS, WE HOPE THAT IT'S USED AND IT BECOMES FULL.

AGAIN, THAT TAKES TIME NOT KNOWING.

THERE ARE A LOT OF, IN DALLAS ESPECIALLY, THERE ARE, YOU KNOW, WHICH I THINK IS PART OF WHY THERE'S SOME POLITICAL BLACK BACKLASH RIGHT NOW.

UH, NOT KNOWING HOW THAT LINE WILL AFFECT, UM, HOW IT'LL BE USED.

ESPECIALLY NOW IT'S KIND OF A NEW EAST, WEST LINE.

YEP.

WE WOULDN'T MAKE ANY DECISIONS BASED ON SOME ASSUMPTION OF THAT.

WE'RE NOT GONNA ASSUME A THOUSAND PEOPLE ARE GONNA COME IN A DAY ON THAT.

IF THAT HAPPENS, THAT'S GREAT.

AND AGAIN, AS WE GO FORWARD WHERE WE'VE GOT ROOM TO DO ADDITIONAL DEVELOPMENT, WHATEVER THAT, UH, WHATEVER THAT IS, WE WOULD REALLY LEAN ON THAT.

BUT FOR TODAY, WE JUST REALLY COULDN'T COUNT ON, YOU KNOW, ANYONE'S SORT OF ESTIMATES OF THAT.

UM, DOES THAT MAKE SENSE? IT DOES.

UM, WE, AND SORRY, NOT TO INTERRUPT, BUT WE DID DESIGN IT INTENTIONALLY THAT IF THAT WASN'T THERE, WE WOULD DO THE SAME DESIGN VIRTUALLY.

LIKE WHERE THE PARK OPENS UP AND FUTURE DEVELOPMENT, UH, WHERE OUR HANGAR BUILDING IS, UM, WHICH WE'LL USE A PORTION OF THAT.

WE THINK THERE COULD BE MORE FUTURE DEVELOPMENT THERE, DEPENDING ON WHAT DART DOES WITH IT.

SO, UM, YEAH, THAT'S WHAT I WAS CURIOUS ABOUT.

HOPEFULLY THOUGH WE'RE JUST AS CONFIDENT WITH OUR BUSINESS PLAN.

GOOD.

AND WE WANNA BE SUPPORTIVE OF DART TO BE CLEAR, UM, WE, WE WOULDN'T LOOK FOR IT TO GO AWAY.

UH, WE'D LOVE TO SEE IT STAY, BUT IF IT GOES AWAY, WE'RE JUST AS CONFIDENT ON OUR PLAN.

UM, AND THEN FINALLY, UH, A, A MORE FRIVOLOUS ONE, I SAW A PICTURE OF A PICKLEBALL COURT RIGHT UP AGAINST THE TRAIN TRACKS.

UM, AND THAT'S PROBABLY A CONCEPTUAL, IS THAT, IS THAT A LOCKED IN IDEA? IT'S PRETTY LOCKED IN.

UM, THERE ARE THREE THERE.

TWO OF THEM ARE COVERED.

WE DO WANNA SEE THAT COVER OVER TIME.

MAYBE HAVE MORE OF A PITCH ROOF TO KINDA MATCH SOME OF THE OTHER DESIGN, WHICH WOULD BE KIND OF COOL FROM THE INTERIOR.

BUT WE FEEL THAT THAT WOULD BE GREAT.

WE'D LOVE FOR PEOPLE ON THE DART TO SEE THAT AS A, A REASON TO WANNA HOP OFF AND PLAY.

UM, DON'T, SO THAT'S A DON'T PUBLIC OR YES.

THAT'S ON PUBLIC LAND.

YES, THAT IS PART OF THE PUBLIC IMPROVEMENT.

UM, THAT'S A, A LITTLE PARCEL THAT'S OWNED BY ADDISON.

SO THAT'S WHERE ALL THREE OF THOSE GO.

THAT, THAT MAKES ME FEEL A LITTLE BETTER THAT IT'S NOT JUST THE HOTEL'S LAND, UM, WHICH COULD BE REGULATED.

YEAH, NO, THAT'D BE PUBLIC.

WE THINK IT'LL BE ACTUALLY A BIG DRAW.

WE CAN GET IT RIGHT.

AND YEAH.

SO I GUESS IT, I SEE WHERE YOU'RE GOING, WHERE THIS INTEGRATES WITH KIND OF THE PUBLIC OPEN SPACE.

I WAS KIND OF CURIOUS, WHAT ARE YOUR, TO ME THAT'S A STATION RIGHT THERE.

I'D WANT SOME RETAIL.

I CAN SEE FROM THE TRAIN IF I'M WAITING FOR A TRANSFER GOING, UM, I OFTEN HAVE TIME TO STAY AND YOU KNOW, THERE'S NOT A LOT OF DART LAND WHERE I TRANSFER WHERE THEY LET YOU GRAB A DRINK EXCEPT FOR MAYBE DOWNTOWN.

WHY NOT PUT SOME OF THAT RETAIL RIGHT THERE WHERE THE PICKLEBALL COURTS IS AND UH, I THINK MAYBE OVER TIME, UH, WE WOULD BE ABLE TO PUT THAT DIRECTION, BUT OKAY.

TO ANYONE TODAY THAT FEELS LIKE IT'S IN THE BACK AGAIN IF YOU DON'T KNOW.

I SEE.

SO IF THE BEER GARDEN WORKS AS WELL AS WE HOPE IT WILL, WHICH FIRST OF ALL, YOU GET THE BEST SHOT OF BEER GARDEN REALLY FROM THE DART.

ABSOLUTELY.

EVEN THOUGH THAT'S KIND OF THE BACK, UM, THEN YOU COULD SEE AN EXTENSION OF THAT COMING DOWN.

THAT'S PARKLAND RIGHT THERE.

BUT OVER TIME WE MIGHT ALL DECIDE, HEY, THOSE PICKLEBALL COURTS CAN BE PUT SOMEWHERE ELSE.

LIKE THAT SHOULD BE ANOTHER THING KIND OF IN THE MIDDLE OF THE DISTRICT.

UM, WE'RE TRYING TO SORT OF GET THEIR IDENTITY AND LINE OF SIGHT BETWEEN EACH OF THE DIFFERENT, UH, IF YOU WILL, PROJECTS THAT YOU SEE THERE WHERE WE CAN FILL THEM IN OVER TIME.

BUT DAY ONE, IT DOESN'T FEEL LIKE IT'S HALF BUILT.

I SEE.

I THINK THAT'S EVERYTHING.

[01:05:01]

THAT'S A GOOD QUESTION THOUGH.

I HAVE A COUPLE THINGS FOR YOU.

SO, FARMER'S MARKET OR IS YOUR PLAN TO KIND OF REPLICATE WHAT DALLAS ULTIMATELY DID WITH SOME RESTAURANT SLASH IF THAT'S WHAT YOU'RE CALLING RETAIL OR WHATEVER IN THERE? AND IF SO, I HAVEN'T BEEN THERE IN A WHILE.

HAVE YOU KEPT UP WITH HOW IT'S DOING AND CAN YOU SPEAK TO ITS PERFORMANCE? SO THE SHORT ANSWER IS YES, KIND OF WITH A QUESTION MARK AT THE END.

UM, IT'S A MUCH SMALLER SCALE AND THAT WE THINK THAT MAKES IT EASIER.

AND WE INTENTIONALLY DID THREE DIFFERENT BUILDINGS INSTEAD OF LIKE, ONE OF OUR ORIGINAL RENDERINGS WAS ONE LONG BUILDING, SO WE'D HAVE SOME FLEXIBILITY.

UH, THE USES WE'RE ENGAGED WITH RIGHT NOW, AN URBAN GROCER OF SOME KIND IS VERY IMPORTANT.

UM, SOME KIND OF LITTLE MARKET OR PLACE WHERE YOU CAN GET SOME SUNDRY BUT LIKE A LUNCH OR MAYBE EVEN A DINNER TYPE THING TO GO.

AND SOME OF THOSE WILL HAVE OTHER USES LIKE WINE, IF NOT, YOU KNOW, WE'RE TALKING TO WINERIES, UH, A BIKE SHOP, UH, GROUP THAT'S INTERESTED, A BOOKSTORE THAT DOES OTHER URBAN BOOK, YOU KNOW, THINGS LIKE THAT, THAT THE GOAL IS THAT SOMEWHERE YOU MIGHT GO TWO OR THREE DAYS A WEEK, NOT ONCE A QUARTER.

UM, SO THAT WAS SORT OF THE IMPETUS.

UH, THE LEASING TEAM WE'RE ENGAGED WITH IS ACTUALLY LEASING THE FARMER'S MARKET DOWNTOWN.

SO WE GET SOME, UM, INTEL FROM THEM, ASSUMING OKAY, IT'S HARD.

IT'S SO BIG AND THERE ARE SO MANY SMALL USERS THERE THAT IT, YOU KNOW, AND THEY ALL SHARE A BIG COMMON AREA.

SO PART OF OUR INTENTION IS WE DON'T REALLY HAVE A SHARED COMMON AREA THAT ISN'T OUTDOORS.

WE'LL HAVE A SHARED RESTROOM THAT YOU CAN ACCESS FROM OUTDOORS ON THE END CAP OF YOUR, I THINK IT'S BUILDING C ON THE SOUTH SIDE.

AND THEN YOU'LL HAVE A LITTLE BIT OF SHARED KIND OF BACK OF THE HOUSE BETWEEN THE USERS.

BUT FOR THE MOST PART, THE SHARED AREA WILL BE OUR IMPROVED AREA WHERE PEOPLE WILL BE ABLE TO GATHER OUTSIDE.

SO EVERYONE GETS THEIR SIGN ON THE OUTSIDE AND WE'RE TALKING ABOUT SIX OR SEVEN, MAYBE EIGHT USERS AS OPPOSED TO, I THINK THERE'S LIKE 32 OR SOMETHING.

AND NO TRINITY GROVES CONCEPT OR IS THAT BEING WORKED IN IN HERE ANYWHERE? NO, NO.

I MEAN THAT REALLY HASN'T WORKED ULTIMATELY, WHICH IS ASTOUNDING 'CAUSE IT WAS SUCH A POPULAR DESIGN, A GOOD IDEA.

BUT, YOU KNOW, FINDING OPERATORS AND INCUBATING 'EM.

ALTHOUGH I DO BELIEVE THERE'S A SIMILARITY OF AN OPERATOR THAT DOESN'T HAVE A HUNDRED DIFFERENT LOCATIONS THAT LIKES A SMALLER SPOT.

MAYBE SOMEONE MOVING OUT OF A SUCCESSFUL FOOD TRUCK BUSINESS THAT NOW WOULD LIKE TO HAVE SOMETHING MORE STATIONARY, UM, THAT CAN FIT INTO.

AND WHAT WE'RE OFFERING IS A VERY SMALL SPACE THEY CAN LEASE.

SO THEIR OVERHEAD CAN BE LOWER WITH A NICE SHARED AMENITY AND OTHER SHARED USES THAT, YOU KNOW, WON'T CANNIBALIZE THEIR BUSINESS.

AND IS YOUR OFFICE LEASING DONE IN-HOUSE OR DO YOU ALSO THIRD PARTY? WE USE THIRD PARTY FOR THAT TOO.

SO I'M, I'M HOPING YOU'VE BEEN IN THIS BUSINESS LONG ENOUGH TO ANSWER THIS QUESTION.

OFFICE IS NOT MY EXPERTISE, BUT IS THERE A FEELING THAT YOU'LL STRUGGLE WITH SOME TENANTS FOR THE FACT IF DART GOES AWAY, THAT THEY, THEY WILL INSIST ON HAVING ACCESS TO PUBLIC TRANSPORTATION OR IT WILL NOT BECOME OFFICE LOCATION FOR THEIR I DON'T, I DON'T BELIEVE SO.

RIGHT NOW, ONE OF THE BIGGEST DRIVERS IN THIS LOCATION IS ADDISON IS THE CENTER RIGHT BETWEEN NORTH SOUTH.

AND YOU'RE SEEING THAT WITH EVEN SOME BUILDINGS THAT REALLY NEED SOME TLC AND DON'T HAVE IT YET.

YOU'RE STILL SEEING TENDED DEMAND IS PRETTY STRONG.

AND OUR CONVERSATIONS WITH USERS, A THEY'RE LOOKING FOR SOMETHING OF BETTER QUALITY.

THEY'RE STILL PRICE SENSITIVE, BUT, AND THEY'LL PAY MORE THAN WHAT THEY'RE PAYING, BUT THEY'RE REALLY LOOKING FOR SOMETHING NEWER.

'CAUSE THERE ISN'T VERY MUCH OF THAT AROUND.

UH, I THINK THE WAY WE WOULD APPROACH OUR MARKETING IS THIS IS DART, IT'S GREAT, THIS GOES, UH, ALL THE WAY TO THE AIRPORT, WHICH IS A HUGE PLUS IF YOU THINK ABOUT BEING, LEAVE YOUR OFFICE BUILDING AT A DFW.

BUT WE WOULD BE CAREFUL TO MAKE SURE WE'RE NOT, YOU KNOW, BRINGING SOMEONE, DEPENDING ON HOW THINGS GO THE NEXT HOWEVER LONG, SIX MONTHS OR WHATEVER.

THAT'S WHERE I'M MORE OF IT.

IF, IF WE PULL OUT, DOES IT BECOME A PROBLEM FOR YOU FOR OFFICE LEASING? YES.

THAT'S, THAT'S A CONCERN.

IS IT A CONCERN OF YOU, YOURS? I, IT DOESN'T CONCERN ME OVERLY.

I BELIEVE WE CAN STILL LEASE AND IT'S JUST ONE, IT'S ONE WEAPON I DON'T HAVE TO OFFER.

BUT AGAIN, THERE ARE SOME PEOPLE I'VE HAD REALLY BAD EXPERIENCES IN DIFFERENT AREAS WITH DART BRINGING THE WRONG KIND OF PEOPLE IN, YOU KNOW, UM, AND THAT'S MORE THE NORTH SOUTH KIND OF, YOU KNOW, DEEP URBAN ENVIRONMENTS.

BUT, UM, I, IT DOESN'T CONCERN ME.

WE BELIEVE THEY'LL DRIVE A BIT FURTHER TO COME HERE.

AND MY LAST IS, IS ARE YOU GETTING FEEDBACK FROM RESTAURANT, LET'S GO DOWN THE RESTAURANT SIDE OF THIS, YOU KNOW, ADDISON OR, BUT LINE ROAD IS RESTAURANT ROW.

I DON'T PEOPLE, IT MIGHT BE AN OLD NAME, BUT IT IS STILL A RESTAURANT ROW.

IF YOU ASK ME, ASTOUNDING SALES BELONG TO ME.

WHAT DO YOU, WHAT'S THE FEEDBACK YOU'RE GETTING FROM RETAIL PEOPLE? IS THERE INTEREST IN GOING TO THIS? 'CAUSE IT'S A TRUE, A MIXED USE THAT THAT'S OVERRIDING THE COMPETITION ON BELTLINE ROAD.

SO WE DON'T LOOK AT IT AS COMPETITION, OBVIOUSLY.

IT ALWAYS IS.

WHERE ARE YOU GONNA GO TO DINNER OR FOR A DRINK? WE FEEL IF PEOPLE ARE WILLING TO DRIVE TO BELTLINE, WHICH ALMOST EVERYONE IS, RIGHT? 'CAUSE THERE'S NOT A LOT OF DIRECT CONNECTABLE, LIKE WALKABILITY.

[01:10:01]

OR MAYBE IT'S NOT AS FAR DEPENDING ON WHERE YOU'RE COMING FROM.

UH, FOR US IT WAS HAVING ENOUGH CRITICAL MASS TO CREATE THAT DRAW AND HOPEFULLY HAVE A COUPLE DIFFERENT THINGS YOU DO, RIGHT? IF WE HAVE AN ICE CREAM SHOP NEXT TO A RESTAURANT, YOU MIGHT WALK OVER, BE PRONE TO, DEPENDING ON KIND OF THE WEATHER.

UM, SO WE, THE FEEDBACK WE'VE GOTTEN FROM RETAIL USERS, WE HAVEN'T HAD ANY REAL NEGATIVE FEEDBACK.

IT'S LIKE, OH, THIS IS, THIS LOCATION'S TOO HARD.

IT'S TOO OUTTA THE WAY.

ESPECIALLY WITH THE GREEN SPACE AND THE USES OF HOTEL AND OFFICE COMING IN, ET CETERA.

UH, WE ACTUALLY HAVE EVEN HAD INTEREST FROM SUCCESSFUL RESTAURATEURS WHO HAVE LOCATIONS ON BELTLINE AND EXPANDING AND DOING OTHER CONCEPTS AS PART OF THIS.

UH, THANK YOU.

I'M DONE.

THE ANY COMMISSIONER? GO AHEAD ELLEN.

I JUST HAVE THE ONE QUESTION.

SO HOW MANY PEOPLE DO YOU THINK WILL BE IN YOUR ENTERTAINMENT? WHAT, DO YOU HAVE A RANGE? UH, WHAT KIND OF NUMBERS ARE YOU TALKING ABOUT? ARE YOU SPEAKING TO LIKE THE HANGAR BUILDING OR THE ENTIRE DISTRICT? LET'S JUST TALK ABOUT THE HANGAR BUILDING FIRST OR THE, THE ENTERTAINMENT SPECIFIC VENUE.

SO IT'LL DEPEND ON WHO LEASES THAT.

IT'S A LITTLE TRICKY HERE.

THERE'S SOME CHICKEN OR THE EGG.

THIS IS A CONCEPT PLAN.

WE FEEL VERY GOOD ABOUT IT.

BUT SOME USER MIGHT SHOW UP AND WANT 5,000 LESS SQUARE FEET, 5,000 MORE.

THEY MIGHT WANNA ADD A SECOND LEVEL.

THEY MIGHT NOT.

SO OUR STEPS ARE TO GET DISAPPROVED, YOU KNOW, GET THE INFRASTRUCTURE DONE, KEEP MOVING FORWARD.

WE'RE ENGAGED WITH CONVERSATIONS IN THAT EXACT BUILDING.

THAT GROUP WOULD WANT TO HAVE HALF OF THAT BUILDING BE A VERY SMALL CONCERT VENUE, LIKE TWO TO 300 PEOPLE AT THE MOST.

THAT'S ALL I, I'M JUST TRYING TO GET A FEEL FOR THE NUMBER OF PEOPLE.

AND YOU'RE TELLING ME IT'S NOT GONNA BE TWO OR 3000 PEOPLE EVER IS WHAT I'M HEARING? NO, NOT TWO OR 3000 EVER.

THAT SITE WON'T REALLY ACCOMMODATE IT UNLESS SOMEHOW WE DRAMATICALLY EXPAND ONTO LAND THAT'S NOT INCLUDED IN THE CURRENT DEAL WITH JAR.

SO WELL UNDER A THOUSAND, THAT'S ALL.

I HAD IT RIGHT THERE AND I LOST IT IF I REMEMBER IT.

I'M, I'M SORRY.

YOUR TIME IS NOT READY TO RUN OUT OR YOU'LL HAVE TO REGROUP AT THE END.

ANY OTHER QUESTIONS FROM COMMISSIONERS? OKAY, THANKS CHAD.

AT THIS TIME I'LL OPEN UP FOR PUBLIC COMMENT.

IS ANYONE ONLINE OR HERE WANT INTERESTED IN SPEAKING? HAVING SEEN NONE? I NOW CLOSE THE PUBLIC HEARING.

ONE LAST CHANCE.

ANY OTHER QUESTIONS OR COMMENTS FROM COMMISSIONERS? IT'S GONE.

TYLER, YOU'RE THE YOUNG.

YOU SHOULD BE WRITING THESE THINGS DOWN.

I KNOW IT'S GONE.

YEAH, THE TRICK THE OLDER AND GET YOU WRITE IT DOWN.

HAVING SEEN NONE, UM, DO I HAVE A MOTION? I WILL PRESENT A MOTION FOR APPROVAL OF CASE NUMBER 1 9 4 7 DASH C ADDISON JUNCTION, TOD, WITH THE RECOMMENDED CONDITIONS OF APPROVAL TO INCLUDE THE DEVELOPMENT SHALL BE EXECUTED IN ACCORDANCE WITH THE ATTACHED CONCEPT PLANNED, PERMITTED USES AND DEVELOPMENT STANDARDS AND THE DEFINITIVE AGREEMENTS FOR THE PROJECT, AS WELL AS THE FINAL PLAN DEVELOPMENT SITE PLAN APPROVAL SHALL BE COMPLETED PRIOR TO ISSUANCE OF A PERMIT FOR THE CONSTRUCTION OF SITE INFRASTRUCTURE.

I'LL SECOND.

ALL IN FAVOR? AYE.

AYE.

ANY OPPOSED? HAVING HEARD NONE.

MOTION PASSES.

CONGRATS NOW.

AT THIS TIME I'LL OPEN UP FOR CITIZENS' COMMENTS.

AT THIS TIME, CITIZENS WILL BE ALLOWED TO SPEAK ON ANY MATTER OTHER THAN PERSONAL MATTERS UNDER LITIGATION FOR A LENGTH OF TIME NOT TO EXCEED THREE MINUTES.

NO PNZ ACTION OR DISCUSSION MAY TAKE PLACE ON ANY MATTER UNTIL SUCH MATTER HAS BEEN PLACED ON AN AGENDA AND POSTED IN ACCORDANCE WITH LAW.

IS THERE ANYONE ONLINE THAT WOULD LIKE TO SPEAK AND ANYONE HERE HAVING SEEN NONE? UH, I WILL ADJOURN THIS EVENING'S MEETING.