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Agenda - City of Dallas

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Exhibit A<br />

Southwestern Medical TIF District<br />

FY 2011 Annual Report<br />

Project<br />

Southwestern Medical TIF District Projects 1<br />

Location<br />

Projects Within TIF District Utilizing TIF Funding<br />

Calendar<br />

Year<br />

Complete<br />

Status Units/ SF 2 Approx.<br />

Value 3<br />

TIF<br />

Investment<br />

4<br />

Project<br />

<strong>City</strong>ville at<br />

Southwestern<br />

Medical<br />

Alexan Project<br />

by Trammell<br />

Crow<br />

Residential<br />

Parkland<br />

Ambulatory<br />

Center 6<br />

Ronald<br />

McDonald<br />

House 6<br />

Maple Garden<br />

Apartments<br />

Parkland<br />

Hospital 6<br />

Subtotal $0 $0<br />

Projects Within TIF District Not Utilizing TIF Funding 5<br />

Location<br />

2222<br />

Medical<br />

District<br />

Drive<br />

4805 Bengal<br />

Street<br />

4900 Harry<br />

Hines<br />

Boulevard<br />

4707 Bengal<br />

Street<br />

5219 Maple<br />

Avenue<br />

5201 Harry<br />

Hines<br />

Boulevard<br />

Calendar<br />

Year<br />

Complete<br />

Status<br />

2007 Complete<br />

Units/ SF<br />

278 res. units; 45,000<br />

SF commercial<br />

Approx.<br />

Value<br />

TIF<br />

Investment<br />

$22,034,850 $0<br />

2009 Complete 396 units $31,500,000 $0<br />

2006 Complete<br />

2009 Complete<br />

62,267 SF medical<br />

<strong>of</strong>fice<br />

64,000 SF lodging for<br />

60 families<br />

$20,487,430 $0<br />

$10,693,800 $0<br />

2011 Complete 120 apartments $4,924,230 $0<br />

2014<br />

Under<br />

constructi<br />

on<br />

2,000,000 SF medical<br />

<strong>of</strong>fice space<br />

Total<br />

Completed: 794 res.<br />

units;<br />

45,000 SF retail;<br />

62,267 SF medical<br />

<strong>of</strong>fice and<br />

$89,640,310 $0<br />

61,000 SF lodging.<br />

Under-construction:<br />

2,000,000 SF medical<br />

<strong>of</strong>fice<br />

1<br />

All information updated as <strong>of</strong> September 30, 2011.<br />

2<br />

Based upon either the TIF application or required minimum stated in the development agreement. May<br />

be updated for completed projects based on actual unit mix and square footage.<br />

3<br />

Based upon 1) market value <strong>of</strong> comparable projects for anticipated projects, 2) private investment<br />

stated in the development agreement for projects that are approved or under construction, or 3) DCAD<br />

market value for completed projects (unless project has not yet been assessed). Values may not be fully<br />

captured by the TIF district for redevelopment projects once pre-existing value and/or the demolition <strong>of</strong><br />

structures is netted out.<br />

4<br />

Principal amount not to be exceeded per the development agreement. TBD indicates that development<br />

agreement has not yet been adopted. Asterisk indicates investment also includes interest not shown.<br />

5 Selected significant projects included.<br />

6<br />

Tax-exempt properties.<br />

$0<br />

12

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