24.12.2014 Views

Agenda - City of Dallas

Agenda - City of Dallas

Agenda - City of Dallas

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<strong>City</strong>place Area TIF District<br />

FY 2011 Annual Report<br />

Drexel Grand<br />

Perry Homes<br />

Town Homes<br />

Cascada<br />

Town Homes<br />

Borders<br />

Books/Chase<br />

Bank<br />

Valencia<br />

Town Homes<br />

JLB<br />

Apartments<br />

3303<br />

Blackburn<br />

Street<br />

S. Haskell &<br />

Office<br />

Parkway<br />

3334-68<br />

Blackburn<br />

Street<br />

3600<br />

McKinney<br />

Avenue<br />

Blackburn<br />

Street and<br />

Cole Avenue<br />

3925 N.<br />

Central<br />

Expressway<br />

2002 Complete 28 Units $6,883,380 $0<br />

2002 Complete 31 Units $4,117,756 $0<br />

2003 Complete 22 Units $19,532,040 $0<br />

2004 Complete<br />

26,500 SF<br />

Retail/Comm.<br />

$4,500,000 $0<br />

2007 Complete 56 Units $20,374,858 $0<br />

2013 Planned 294 Units $50,000,000 TBD<br />

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

<strong>City</strong>place<br />

Lowes<br />

Theater<br />

2600 N.<br />

Haskell<br />

Avenue<br />

2013 Planned<br />

281 Units<br />

68K SF Retail<br />

$50,000,000 TBD<br />

Property Built/Demolished during term <strong>of</strong> TIF District – No Net Change<br />

2600 N.<br />

Haskell<br />

Avenue<br />

1996 Demolished<br />

(210,000 SF<br />

Retail)<br />

($7,977,000) $0<br />

Hank Haney<br />

Golf Center<br />

3636<br />

McKinney<br />

Avenue<br />

1993 Relocated N/A ($6,068,280) $0<br />

Subtotal<br />

1,756 Units<br />

443,532 SF<br />

Retail/Comm.<br />

$289,923,074 $0<br />

Total – All Projects Utilizing and Not Utilizing TIF Funding<br />

Total<br />

2,987 Units<br />

724,438 SF<br />

Retail/Comm.<br />

$491,441,454 $17,517,917<br />

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

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

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

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

development agreement for projects that are approved or under construction, or 3) DCAD market value for<br />

completed projects (unless project has not yet been assessed). Values may not be fully captured by the TIF<br />

District for redevelopment projects once pre-existing value and/or the demolition <strong>of</strong> structures is netted out.<br />

4 Principal amounts 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 />

12

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!