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Agenda - City of Dallas

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Exhibit A<br />

Downtown Connection TIF District<br />

FY 2011 Annual Report<br />

Project<br />

Location<br />

Calendar<br />

Year<br />

Complete Status Units/ SF Approx. Value<br />

Non- TIF<br />

Incentives<br />

1900 McKinney<br />

(Hanover)<br />

1900 McKinney<br />

Avenue<br />

4 th Quarter<br />

2008 Completed 230 res. units $53,500,000 $0<br />

Rosewood Court<br />

2101 Cedar<br />

Springs Road<br />

2 nd Quarter<br />

2009 Completed<br />

400,000 sf <strong>of</strong>fice,;<br />

12,000 sf retail $71,037,000 $0<br />

Alta Rosewood<br />

2728 McKinnon<br />

Street<br />

4 th Quarter<br />

2008 Completed 375 res. units $61,000,000 $0<br />

AMLI/ Quadrangle<br />

Lincoln/ Corrigan<br />

2717 Howell Street<br />

2000 McKinney<br />

Avenue<br />

4 th Quarter<br />

2008 Completed<br />

2 nd Quarter<br />

2009 Completed<br />

220 res. units;<br />

14,800 sf retail $26,550,000 $0<br />

445,000 sf <strong>of</strong>fice, 15<br />

res. units; 6,500 sf<br />

retail $73,900,000 $0<br />

Ritz-Carlton Residences<br />

II<br />

St. Ann’s Court<br />

2555 Pearl Street<br />

2501 Harwood<br />

Street<br />

4 th Quarter<br />

2009 Completed 99 res. units $119,616,850 $0<br />

1 st Quarter<br />

2010 Completed 320,000 sf <strong>of</strong>fice $49,169,900 $0<br />

Granite/Gables<br />

1717 McKinney<br />

Avenue<br />

2nd Quarter<br />

2010 Completed<br />

296 res. units,<br />

330,000 s.f. <strong>of</strong>fice $43,698,890 $0<br />

<strong>City</strong>Walk<br />

511 N. Akard Street<br />

4 th Quarter<br />

2009 Completed 209 res. units $6,939,350 $11,000,000<br />

The Arts Apartment by<br />

JPI<br />

Museum Tower<br />

2611 Ross Avenue<br />

800 Olive Street<br />

3 rd Quarter<br />

2010 Completed 228 res. units $28,750,000 $0<br />

4 th Quarter<br />

2012<br />

Under<br />

Construction 122 res. units $200,000,000 $0<br />

Subtotal<br />

2,636 res. units; 218<br />

hotel rooms;<br />

120,800 sf retail;<br />

1,895,000 sf <strong>of</strong>fice $1,122,892,690 $19,100,000<br />

Projects Utilizing and Not Utilizing TIF Funding<br />

3,951 res. units; 437<br />

hotel rooms;<br />

275,437 sf retail;<br />

2,798,621 sf <strong>of</strong>fice;<br />

1,219,257 sf<br />

renovated space $1,711,674,590 $207,114,217<br />

Total<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 be updated for completed projects based on<br />

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 stated in the development agreement for projects that<br />

are approved or under construction, or 3) DCAD 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> structures is netted out.<br />

4<br />

Principal amounts not to be exceeded per the development agreement.<br />

5 Selected significant projects included.<br />

6<br />

Tax-exempt properties.<br />

7<br />

Includes other incentives not shown. Contact <strong>City</strong> <strong>of</strong> <strong>Dallas</strong> Office <strong>of</strong> Economic Development for more information.<br />

8

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