Agenda - City of Dallas

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Sports Arena TIF District Exhibit A - FY 2011 Annual Report The following chart shows developments within the Sports Arena TIF District. All information in the chart is current as of September 30, 2011. Project Location TIF Related Projects 1 Calendar Year Complete Status Units/ SF 2 Approx. Value 3 TIF Investment 4 840,000 sf American Airlines Center 5 2500 Victory Ave 2001 Complete entertainment space $184,175,010 $0 Center Operating Company 2427 N. Houston St 2001 Complete Parking Garage $3,816,450 $0 W Dallas Victory Hotel & Residences 2440 Victory Park Ln 2006 Complete The Terrace 2323 N. Houston St 2006 Complete The Vista 2345 N. Houston St 2007 Complete Victory Plaza Buildings 3030 & 3090 Olive St 2007 Complete Cirque 2500 N Houston St 2008 Complete One Victory Park 2323 Victory Ave 2008 Complete The House by Starck & Yoo 2200 Victory Ave 2009 Complete 145 condos 251 hotel rooms 42,500 sf retail $116,853,066 $0 97 condos 24,000 sf retail $19,180,309 $0 127 apartments 28,000 sf retail $17,040,000 $0 65,000 retail 155,000 office $26,976,920 $0 252 apartments 11,000 sf retail $43,014,700 $0 9,000 sf retail 430,000 office $69,862,280 $0 150 condos 30,000 sf retail $62,048,106 $0 TIF Infrastructure 2001 Complete $23.9M Subtotal 771 homes 251 hotel rooms 209,500 sf retail 585,000 sf office $542,966,841 $0 840,000 sf entertainment parking garage 1 All information updated as of September 30, 2011. Previously planned projects that are not anticipated to be imminently under construction have been removed from the chart. 2 Based upon information gathered from the developer. May be updated for completed projects based on actual unit mix and square footage. 3 Based upon 1) approximate private investment for anticipated projects, or 2) DCAD market value for completed projects (unless project has not yet been assessed). Arena value includes roads and parking. Values may not be fully captured by the TIF District for redevelopment projects once pre-existing value and/or the demolition of structures is netted out. 4 Sports Arena TIF funds were dedicated for infrastructure for the TIF district, not individual projects. 5 Tax-exempt property. Directly adjacent to the district, the ground breaking for the Perot Museum of Nature & Science was held for November 18, 2009, and construction began on April 26, 2010. The 180,000-square-foot museum will have a 300-seat theater and hands-on exhibits. The new building will give the museum room for exhibits and programs 7
Sports Arena TIF District Exhibit A - FY 2011 Annual Report that it has never had before in its much smaller facility in Fair Park. It is unable to display more than about 5 percent of its collection in the current location. The museum is currently under construction and scheduled to open in early 2013. Project Location Projects Adjacent to TIF Calendar Year Complete Perot Museum of Nature and Science 1155 Broom St 2013 Status Units/ SF 2 Approx. Value 3 TIF Investment 4 Under Construction 180,000 sf $185,000,000 $0 Subtotal 180,000 sf $185,000,000 $0 1 All information updated as of September 30, 2011. 2 Based upon information gathered from the developer. May be updated for completed projects based on actual unit mix and square footage. 3 Based upon 1) approximate private investment for anticipated projects, or 2) DCAD market value for completed projects (unless project has not yet been assessed). Arena value includes roads and parking. Values may not be fully captured by the TIF District for redevelopment projects once pre-existing value and/or the demolition of structures is netted out. 4 Sports Arena TIF funds were dedicated for infrastructure for the TIF district, not individual projects. 5 Tax-exempt property. District Initiatives Activity Scope Status Investment Source Orange Roadways Improvements to Houston St, McKinney Ave., Ross Ave., Continental Ave., Complete $20,988,088 TIF Funding Lamar Street and Wichita St. Improvements to Woodall Rodgers Plaza between Woodall Rodgers McKinney Ave., Plaza Continental Ave., and Houston Street Complete $2,000,000 TIF Funding Victory Sustainable Development Project Trinity Strand/Katy Trail Connection Victory Park Lane, DART Street, Laws Street, and related public improvements, including lighting improvements to the Katy Trail. Other Initiatives Trail connecting the Katy Trail, over Goat Hill, through Stemmons Park, to the base of the Trinity Strand Trail at Oak Lawn Avenue Roadway construction completed November 2007. Katy Trail lighting completed August 2009 Engineering underway. Design and construction pending funding $8,505,000 $310,620 Total budget: $8.5 million Sustainable Development Funds and developer match 2006 Bonds for engineering Remainder to be raised 8
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FEBRUARY 22, 2012 CITY COUNCIL AGEN
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AGENDA CITY COUNCIL MEETING WEDNESD
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February 22, 2012 2 CONSENT AGENDA
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February 22, 2012 12 PUBLIC HEARING
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February 22, 2012 14 Tax Foreclosur
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AGENDA DATE February 22, 2012 ITEM
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BACKGROUND (Continued) As part of t
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BUSINESS INCLUSION AND DEVELOPMENT
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KEY FOCUS AREA: A Cleaner, Healthie
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ETHNIC COMPOSITION (Continued) JBa
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COUNCIL CHAMBER BE IT RESOLVED BY T
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BACKGROUND (Continued) This service
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BID INFORMATION The following bids
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COUNCIL CHAMBER BE IT RESOLVED BY T
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BACKGROUND (Continued) As part of t
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KEY FOCUS AREA: AGENDA ITEMS # 7,8
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BACKGROUND (Continued) The successf
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KEY FOCUS AREA: AGENDA ITEM # 9 Mak
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KEY FOCUS AREA: Economic Vibrancy A
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COUNCIL CHAMBER February 22, 2012 W
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Cityplace Area TIF District FY 2011
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Cityplace Area TIF District City of
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Oak Cliff Gateway TIF District FY 2
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Exhibit A - Cedars TIF District FY
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Exhibit A City Center TIF District
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Exhibit A Vickery Meadow TIF Distri
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Exhibit A Vickery Meadow TIF Distri
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PRIOR ACTION/REVIEW (COUNCIL, BOARD
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Exhibit - A Southwestern Medical TI
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Exhibit A Southwestern Medical TIF
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Exhibit A Downtown Connection TIF D
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Deep Ellum TIF District FY 2011 Ann
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Grand Park South TIF District FY 20
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Exhibit A Skillman Corridor TIF Dis
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Exhibit A - Skillman Corridor TIF D
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Exhibit A Fort Worth Avenue TIF Dis
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Exhibit A - Fort Worth Avenue TIF D
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Exhibit A - Davis Garden TIF Distri
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Exhibit A TOD TIF District FY 2011
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Exhibit A - TOD TIF District FY 201
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Exhibit - A Maple/Mockingbird TIF D
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Exhibit A Maple/Mockingbird TIF Dis
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Exhibit A Cypress Waters TIF Distri
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Exhibit A - Cypress Waters TIF Dist
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BACKGROUND (Continued) The City wil
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FISCAL INFORMATION 2005-06 Communit
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COUNCIL CHAMBER February 22, 2012 S
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Exhibit A City of Dallas Affordable
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BACKGROUND (continued) Per the Code
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KEY FOCUS AREA: AGENDA ITEM # 34 Ma
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KEY FOCUS AREA: AGENDA ITEM # 35 Be
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OWNER Denali Construction Services,
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Swiss Avenue Median Council Distric
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BACKGROUND (Continued) The selectio
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PRIOR ACTION/REVIEW (Council, Board
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Rogers-O'Brien Construction January
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KEY FOCUS AREA: AGENDA ITEM # 37 Ec
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TOTAL M/WBE PARTICIPATION This Acti
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KEY FOCUS AREA: AGENDA ITEM # 41 Pu
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MAPSC045H
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ETHNIC COMPOSITION HKS, Inc. Hispan
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TOTAL M/WBE PARTICIPATION This Acti
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[ Irving Boulevard at Sylvan Avenue
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SECTION 3. That the City Secretary
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ORDINANCE NO. __________________ An
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MAPS Attached. Agenda Date 02/22/20
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~'... 1:15,000 Planned Development
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BACKGROUND (continued) The City Cou
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BACKGROUND (continued) The City Cou
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PRIOR ACTION (continued) On January
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® 1:6,000 VICINITY MAP W078·007 1
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1:1,800 Ordinance 27395
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® 1:4,800 VICINITY MAP Map no: Cas
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PRIOR ACTION/REVIEW (COUNCIL BOARDS
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BACKGROUND (Continued) Dallas Water
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COUNCIL CHAMBER February 22, 2012 A
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DRAINAGE EASEMENT J.W. Grandstaff A
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BACKGROUND (Continued) The current
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EXHIBIT A CERTIFICATE OF FORMATION
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Exhibit A The Corporation will have
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Exhibit A IN WITNESS WHEREOF, this
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EXHIBIT B BYLAWS OF CITY OF DALLAS
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Exhibit B Section 2.5. Special Meet
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Exhibit B ARTICLE IV PROVISION REGA
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BACKGROUND (Continued) The project
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NCTCOG Funded Infrastructure Improv
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BACKGROUND (Continued) Although the
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Z112-123(MW) BACKGROUND INFORMATION
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Z112-123(MW) LAND USE ELEMENT Goal
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Z112-123(MW) Sustainable Constructi
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Z112-123(MW) Partners/Principals/Of
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Z112-123(MW) Z112-123 CPC Recommend
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Z112-123(MW) 12
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Z112-123(MW) 14
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Z112-133(RB) BACKGROUND INFORMATION
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Z112-133(RB) CPC ACTION (January 19
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Z112-133(RB) RECOMMENDED CONDITIONS
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Z112-133(RB) 12. GENERAL REQUIREMEN
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Z112-133(RB) 12
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Z112-133(RB) CPC RESPONSES 14
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Z112-133(RB) Vote Label Address Own
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HONORABLE MAYOR & CITY COUNCIL WEDN
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Z112-135(CH) Land Use: Site Zoning
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Z112-135(CH) Landscaping: Landscapi
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Z112-135(CH) CPC Action: January 19
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Z112-135(CH) PROPOSED SITE PLAN 9
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Z112-135(CH) Single-family & Office
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Z112-135(CH) 1/24/2012 Notification
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Z112-137(WE) BACKGROUND INFORMATION
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Z112-137(WE) The number of required
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Z112-137(WE) BOARD OF TRUSTEES RISD
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Z112-137(WE) (c) Except as provided
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Z112-137(WE) SEC. 51P-572.109. FENC
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Z112-137(WE) (8) circulation; (3) W
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Z112-137(WE) Aikin Elementary Schoo
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Z112-137(WE) existing fence from th
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Z112-137(WE) - ~ Aikin Elementary S
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Z112-137(WE) 1:3,600 ZONING AND LAN
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Z112-137(WE) Notification List ofPr
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Z112-137 (WE) Vote Label Address Ow
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Z112-137 (WE) Vote Label Address Ow
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HONORABLE MAYOR AND CITY COUNCIL WE
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Z112-118(WE) Land Use: Zoning Land
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Z112-118(WE) CPC Action (January 5,
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Z112-118(WE) Library Undeveloped Ge
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Z112-118(WE) CPC RESPONSES 9
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Z101-342(WE) BACKGROUND INFORMATION
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Z101-342(WE) will be designated sol
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Z101-342(WE) Conflict: 1 - M. Davis
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Z101-342(WE) Juan Gamez, 5307 Parry
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Z101-342(WE) BOARD OF TRUSTEES DISD
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Z101-342(WE) SEC. 51P- .105. DEVELO
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Z101-342(WE) (1) landscaping must b
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Z101-342(WE) traffic circulation; e
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Z101-342(WE) PROPOSED LANDSCAPE PLA
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Z101-342(WE) 1. Calculate the site
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Z101-342(WE) Staff Assistance To op
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Z101-342(WE) CPC RESPONSES 26
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Z101-342(WE) Vote Label Address Own
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Z101-196(RB) Road, the applicant pr
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Z101-196(RB) Vacancy: 1 - District
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Z101-196(RB) Absent: 3 - R. Davis,
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Z101-196(RB) DEED RESTRICTIONS THE
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Z101-196(RB) 11
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Z101-335(RB) Policy 1.2.1 Use Visio
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Z101-335(RB) Second: Lavallaisaa Re
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Z101-335(RB) Notices: Area: 500 Mai
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Z101-335(RB) CPC RECOMMENDED CONDIT
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Z101-335(RB) SEC. 51P-XXX.108. YARD
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Z101-335(RB) the current traffic ma
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Z101-335(RB) (C) Detached videoboar
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Z101-335(RB) Existing Conditions SU
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