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Item 7B - NarrativeHighland Terrace Narrative: The proposed Highland Terrace neighborhood is intended to be a high -quality, half -acre lot development, consistent with "Medium Density Residential" designation of the City of Southlake Future Land Use Plan. We are requesting SF-20A zoning, and all lots will be at least 20,000 s.f. in size. It will be developed by Hat Creek Development, with a long track record of delivering high quality neighborhoods in Southlake. Development Layout: The property is currently an open space area owned by the adjacent church. It falls off from the frontage along White Chapel (on the western boundary) to the east a total of almost 40'. The plan anticipates a single cul-de-sac road from White Chapel, with lots on either side "terracing" down the slope. Each home will be approximately 8 feet, in elevation, higher or lower than the neighboring home, allowing each to access the great views to the east. Home Design: Each of the 9 homes in this development are intended to be built by local Southlake area based custom home builders. The plans for each homesite will be subject to a comprehensive design and review process to ensure the high level of quality for design, layout, materials and construction methods.