Block 20 - Garden District Residences Presentation - Preliminary Submittal 2021.03.29THE GARDEN DISTRICT RESIDENCES
March 2021
FROM CONCEPT TO REALTY
SITE PLAN REQUEST
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SITE PLAN CONFORMS TO AND IMPROVES UPON
THE 2013 APPROVED CONCEPT PLAN.
2021 SITE PLAN –58 UNITS
2013 CONCEPT PLAN –60 UNITS
1)Fewer Buildings/Units:Up to 58 two
and three-bedroom Residences in 2
buildings;1,500 SF minimum unit size
and 2,000 SF estimate average unit
size.
2)Direct Access:Elevators rise from a
private garage to semi-private elevator
lobbies.
3)Class A Buildings:Quality in design,
construction and finishes inside and
out will appeal to Town Square’s
upscale residential market.
SITE PLAN REQUEST (CONT.)
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4)4-story buildings fit within
52’height limit.4th floor
Penthouse setbacks create
large walk-out terraces.
5)East building steps down
to 3 stories at Meeting
Street.
6)Elimination of 3rd building
creates new pocket park
opportunity at NW corner
of Meeting Street and
Park Ridge Boulevard.
VIEW LOOKING NORTH
SITE PLAN CONFORMS TO AND IMPROVES UPON THE CONCEPT PLAN APPROVED IN 2013.
WORLD CLASS ARCHITECTURE
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TIMELESS DESIGN COMPLEMENTS THE SURROUNDING DISTRICT
•David M. Schwarz Architects
recognized as one of the
world’s best in creating
upscale places for people.
•4-sided brick buildings with
cast stone and other
masonry accents incorporate
Neo-classical influences.
•Buildings designed to fit in
with adjacent Brownstones
and Residences.
VIEW LOOKING EAST
LANDSCAPE PLAN
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ENHANCING THE NEIGHBOURHOOD’S OUTDOOR LIVING ROOM
•New Public Park: “The Grove” adds new public park space and walking trails for residents
and visitors.
•The Terrace: Private amenity deck adjacent to Stebbins Park provides rich and varied
outdoor living spaces for residents to meet and socialize.
•New Connections: New pathways add interest and enhance walkability around the Garden
District and throughout Southlake Town Square.
PUBLIC PARK SPACE
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SOUTHLAKE 2035 SUPPORTS DEDICATION OF
STEBBINS PARK AND THE GROVE
1)These Park facilities serve the
public and provide linear linkages
meeting the needs of the City’s
residents, businesses and visitors.
2)Both Parks are desirable for
dedication as part of the
development process based on
classification, location and
maintenance cost.
3)Town Square Parks provide
strategic opportunities for land
acquisition for community and
economic development.
A NEW WAY OF LIVING
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DESIGN & AMENITIES ENHANCE LIFESTYLE
HALF A TYPICAL FLOOR PLAN SHOWING SERVICE CORRIDOR IN GREY
•Semi-private
elevators serve
each pair of
Residences.
•Design maximizes
views and natural
light for each
Residence.
•Fire/Service
corridors enhance
building safety
and operations
while adding to
Resident privacy.
A NEW WAY OF LIVING (CONT.)
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DESIGN & AMENITIES ENHANCE LIFESTYLE
•1st floor Residents’
terraces provide walk-
out access to adjacent
Parks.
•The Terrace provides a
large outdoor living
room for all Residents
to enjoy.
•Community Room and
Fitness Room provide
additional areas to
socialize and work out.
A NEW WAY OF LIVING (CONT.)
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•Private entry drive
and arrival court
facilitates guest and
service delivery and
pick-up.
•Private, secured
underground
parking garage
provides 2 spaces
per Residence.
•Each Residence has
indoor climate-
controlled storage
on its floor.
DESIGN & AMENITIES ENHANCE LIFESTYLE
TRAFFIC AND SAFETY ENHANCEMENTS
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PROPOSED CHANGES ON CENTRAL AVENUE
1)New crosswalks will
enhance safety and
connectivity to and from
Town Square’s mixed-use
districts.
2)New stop signs will help
regulate speed and
improve walkability on
Central Avenue.
3)Meandering sidewalk
enhances landscape and
public art opportunity.
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1 2
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ECONOMIC ENGINE
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THE POWER OF DOWNTOWN RESIDENTIAL
•Garden District Residences value
projected to exceed $1M per
Residence and over $60M for the
development.
•With Garden District Brownstones,
total value of the District on
completion will exceed $100M.
•Together with Phase 1 & 2 of
Brownstones and the Parkview
Residences, Town Square’s
residential program is expected to
grow to an estimated $200M on
completion.
ADVANCING THE VISION
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GARDEN DISTRICT RESIDENCES THE LATEST CHAPTER IN THE VISION TO:
1)Build a Stronger Community.
2)Build a Stronger Downtown.
3)Build a Stronger School District.
BUILD A STRONGER COMMUNITY
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RETAIN AND ATTRACT VALUABLE RESIDENTS
THE HEART AND SOUL OF SOUTHLAKE IS OUR COMMUNITY
Downtown residential is providing
options to valuable residents as their
lifestyles change,and attracting new
residents who are an asset to the
Community:
1)Seniors and other Empty Nesters
2)Family Situations (Parents and
In-Laws of Southlake Residents,
Divorcees,etc.)
3)Traveling Lifestyle (Corporate
Executives,Frequent Fliers,etc.)
4)SINKs and DINKs
BUILD A STRONGER DOWNTOWN
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“THE BEST DOWNTOWNS HAVE PEOPLE LIVING IN THEM.” –BRIAN R. STEBBINS
1)Goal #1 of City’s Land Use Plan:“Promote quality development that…contributes to an overall
sense of place and meets the needs of a vibrant and diverse community.”
2)Growing the Town Square Community of Residents:Helps support,retain,and attract
retailers,restaurants,office,entertainment and other commercial uses.
3)Smart Tax Base Growth:Quality residential in mixed use developments adds significant tax
revenues allowing more flexibility to keep our taxes low.
BUILD A STRONGER SCHOOL DISTRICT
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PROPERTY TAX IS PROTECTED FROM ROBIN HOOD
•$60M+Garden District Residences will generate an
estimated $1M+in annual CISD property taxes
which are protected from Robin Hood recapture
due to its location in the City’s Tax Increment
Reinvestment Zone.
•With the Garden District Residences,Town Square’s
residential property values are projected to grow to
over $200M,on just 15 of Town Square’s 125 acres
–a yield of over $13M per acre.
•Downtown residents have fewer kids and so are not
a burden to schools but pay property taxes as if they
did.
EMBRACING CHANGE
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“Southlake’s economy will continue to change in response to technology, social change, and global
trends. Zoning and land use must respond to these changes.”
(2016) Southlake Economic Development Master Plan