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Item Number 7A1kc REAL ESTATE'" MEMO To: City of Southlake City Council From: Mark Huonder, Development Manager, N3 Real Estate Date: 4/16/19 RE: Nolen Office Park Phase II Objection Dear Councilmembers, 1240 N. Kimball Ave Southlake, Texas 76092 P: 817.348.8748 F: 817.348.8468 www.n3realestate.com DCTN3 373 SOUTHLAKE TX, LLC owns the property adjacent to the proposed Nolen Office Park Phase II project. Our property features an approximately 12,000 square feet retail building and houses tenants such as Jersey Mike's and Starbucks. We would like to formally object to this project until enough parking is made available for Building 1. As of now, the largest building on the property is Building 1, which is proposed to be 7,966 square feet. However, there is not enough parking nearby for a building that size. The table below shows the different scenarios if that building were a stand-alone building. Currently Shown Medical Office Scenario General Office Scenario Bldg Square footage Current Ratio 1 r 7966 497.87 Bldg Square footage Med Office Ratio 1 r 7966 150 Bldg Square footage Gen. Office Ratio 1 r 7966 300 Spaces Provided 16 Spaces Required 53 Spaces Required 26.5 There is a large parking field to the north of Building 2 and to the east of Building 4, which is proposed to provide the additional parking for Building 1. However, the location of that parking field is about the same distance from Building 1 as it is from our parking lot, which is located just north of the detention pond. This means that it is highly likely that some Building 1 users will use our parking. Our parking lot in that corner of our property is already very busy throughout the day since that is the side of the building that Starbucks occupies. We originally brought up our concerns about parking in writing to the City on 1/17/2019. We also sent an opposition email and presented our concerns to the Planning Commission on 4/4/2019. Our parking objection was summarily dismissed by Commissioner Springer, thus shutting down any discussion. This flippant refusal to even acknowledge our main concern is troubling, which is why we are objecting to this project as it is currently designed. We will be attending the public hearing at City Council to discuss further. Thank you for your consideration. Sincerely, Mark D. Huonder Development Manager N3 Real Estate