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The Tuxedo Park - SPIN2019-33 SPIN MEETING REPORT SPIN Item Number: SPIN2019-33 City Case Numbers: NA Project Name: Tuxedo Park SPIN Neighborhoods: SPIN #4 Meeting Date: October 22, 2019 Meeting Location: 1400 Main Street, Southlake, TX City Council Chambers Total Attendance: 24 Host: Sherry Berman, Community Engagement Committee Vandana Tanneru, Community Engagement Committee Applicants Presenting: Grant Robinson/Preston Munster; Phone: (817) 905-3180 Email: grant@cpgdevelopment.com City Staff Present: Patty Moos, Planner Presentation begins: 6:30 pm Presentation ends: 7:30 pm Town Hall Forums can be viewed in their entirety by visiting http://www.cityofsouthlake.com and clicking on “I Want to” and “View” “Video on Demand” – forums are listed under SPIN by meeting date. FORUM SUMMARY: Property Situation: The property is located east of the intersection of Blessed Way and the E. SH 114 access road. Details: The applicant is proposing a luxury resort community on 21.10 acres located at 111 Blessed Way. The 300-unit apartment complex will be high quality with high quality exterior and interior finishes. The complex will be development for existing residents of Southlake wishing to downsize, young professionals, and traveling executives. The development will take advantage of the natural site features; trees and water features will be integrated into the site design. Overall site plan: • Luxury clubhouse with fishing pond and pool for residents • Dog park with two sized areas • Public park at the north end • Running trails • Water for canoeing and paddle boarding • Exterior site trails for walkability • Maintain existing tree cover • Landscaping • The development will have a neighborhood feel Presentation: Questions and Concerns: • Many concerns with the apartments in Southlake and don’t know why this is being proposed. • Concerns with traffic located adjacent to Gateway Church which has heavy traffic for their events. • How many units are proposed? 300 units. • How may floors with each unit have? 2-3 floors. • Do you own the property on E. SH 114 and Blessed Way? We have the property under contract. • What is the rent for the apartments? $3,000/month average, $2,300/month for the lowest rent. • Concerns with overcrowding in the schools at the north end of Southlake. Applicant spoke with the school district. Impact is 1/10 of the total complex units for approximately 30-35 students. • Several comments: Don’t want apartments • What type of fence will be installed for the neighbors to the east? Applicant will work with neighbors for possible materials- may be wrought iron, masonry wall or whatever the neighbors want- it will be high quality. • Comment: Against rental property due to property quality decline and quality of rental tenants. Prefer to see ownership. • Applicant may change to ownership, but prefers to maintain ownership for many years. Applicant wants to maintain the property. • Concern: With the future of the development over time. • Is this going to be a Section 8 housing development? No. There will be no government involvement or tax credit with this development. The tenants will need to have an annual salary of $125,000 to qualify to live in the development. • Concerns with drainage downstream. Will the development be able to support the site drainage and drainage from Town Square and Gateway Church? Wants to make sure there is a drainage study to determine the steps are taken to prevent drainage issues for residents downstream. Yes, we will work with an engineer and the City to alleviate the drainage concerns. • Concern with multi-family units in Southlake and the potential traffic issues. • What is the density of the units? 1-3 bedroom units with 70% 1 bedroom units and 30% 2-3 bedroom units with an average rental of $3,000 per unit. • Concern with apartments bringing public transportation to Southlake. • Concern with the comment that Applicant stated that there is a demand for apartments in Southlake. • Concern with multi-bedroom subleasing. Applicant stated that there would be no subleasing of the units. There will be an average of 1 student/ 10 units. • Is there on street parking? There will be approximately 1.8 – 2 parking spaces per unit. Garage parking is included in each unit on the first level with direct access to each unit. There is parallel parking within the street. Both parallel and head-in parking along with the garages. • Comment: Condominiums quickly become rental properties. • Comment: This development will set a precedent for apartments. • Concern with apartments in Southlake. SPIN Meeting Reports are general observations of SPIN Meetings by City staff and SPIN Representatives. The report is neither verbatim nor official meeting minutes; rather it serves to inform elected and appointed officials, City staff, and the public of the issues and questions raised by residents and the general responses made. Responses as summarized in this report should not be taken as guarantees by the applicant. Interested parties are strongly encouraged to follow the case through the Planning and Zoning Commission and final action by City Council. Southlake Connect Results for the October 22, 2019 SPIN Town Hall Forum