2005-04-11 Meeting Report (Central Market)A
4ECSPIN�►
16
IV
Neighborhood Meeting
Report Form
SPIN Neighborhood 8
Meeting Date 4/11/05
Meeting Topic and Description: Proposed Shops of Southlake /Central
Market Development
Featured Speakers: David Palmer, Executive Vice President of Cencor
Realty Services; Representatives from H.E.B.
Number of neighbors attending: 80 90, however only 60 signed in.
Location of meeting: Town Hall, Training Rooms #3a, and #3b
Notification Process: (ie: flyer mailed, hand delivered, calls, city publications, etc.) Postcards
mailed Citywide, eight signs placed throughout the City, posted on website.
Follow -Up Information: Attached questions and comments summary.
Signature Pattie Minder, SPIN 98 Representative
SPIN #8 Shops of Southlake /Central Market Development
Presentation given by: David Palmer and representatives from HEB
Questions:
What kind of trees will you be planting?
We will be planting a variety of mature trees.
2. I see more traffic on South Carroll generated because of the entrances to the
development from South Carroll. How many cars do you anticipate coming from
the south?
4,000 5,000 cars.
3. Will this development have any impact on the traffic light/intersection that is
currently in place at 1709 and Carroll? Will a right turn lane be installed on South
Carroll?
That is not for us to decide or implement.
4. What do you expect the total number of visits to Central Market will be?
The Fort Worth store sees 25,000 customers visiting during the week,
with 5,000 of those occurring on Saturday.
5. Where will the truck entrances be?
The most southern entrance off of South Carroll.
6. I am concerned with the impact this development will have on the home values in
the area. Why can't Central Market back up to the hospital?
The way Central Market must be situated on this property won't
allow that to happen.
7. This development does not seem to resemble the Town Square development's
parking arrangements.
The unique design of Town Square does not really work for a
development with a food emporium. The parking must be closer to
the food emporium, because of customers utilizing shopping carts.
Will the catch basin for this development be similar to what is in front of Town
Square?
Town Square's catch basin is more of a detention pond with a water
feature. Ours will just be a detention pond.
9. Will there be any outdoor entertainment at this Central Market site, like some of
the other stores?
That is something HEB is interested in doing.
10. Why will truck traffic be used at the southern entrance of South Carroll, and not at
the intersection of 1709 and Central?
Central is a drive and not designed for truck traffic.
11. How big will the Central Market be?
70,000 square feet.
12. Is there another Central Market development that abuts a residential development
on the loading dock side?
I'm sure there is, but I don't know for sure.
13. Have you looked at doing the tree buffer and a masonry fence? I believe the
fence will provide better security to the home owners in Oak Tree Estates.
We feel the tree buffer is better than the masonry fence.
14. How does Central Market plan to operate their trash?
Trash is disposed of from the inside of the building into a concealed
box.
15. Do you have any other firm tenants for this development?
Not that we are announcing at this time.
16. Can you not move the park space to the middle of the development to save some
of the existing trees?
The way the drainage runs on this property does not make that
possible.
17. Has the possibility of creating a burm with trees on top been evaluated?
Yes.
18. What is the total development cost?
Low to Mid $30 million
19. What are the proposed hours of operation?
We do not know at this time.
20. At what times are your other stores generally open?
Usually from 8:00 a.m. to 10:00 p.m.
21. When are truck deliveries generally scheduled at your other stores?
Usually from 6:00 a.m. to 8:00 a.m. and in the evening some time no
later than 10:00 p.m.
22. How long will it take to build this development?
12 months.
23. Where do you plan on construction traffic coming off of?
We haven't done that analysis yet.
24. Will the entire development be built at the same time or constructed in segments?
Our intent is to build the entire development at once.
25. Will there be outdoor dining at Central Market like the others?
We would like to do so.
26. Would you be willing to extend the sidewalk to Oak Tree Estates?
We are willing and are currently talking with City officials about
doing so.
27. Is there an estimate on how much tax revenue will be generated from this
development?
The estimate is over $1 million annually.
Comments:
1. This is probably the best commercial strip market that could be developed at this
site. I am grateful that you are coming.
2. I'm in real estate and I'm anticipating that our home values will rise with this
development.
We like your proposal. We just want it done right, and the burm would really
help.
4. I see some major traffic problems with this type of development.
Will this Central Market be similar to the one in the Woodlands? The one there is
beautiful.
6. The last time you came forth with a proposal to develop this property you
proposed a burm along the southern edge of the property.