Item 7 - Applicant PresentationSouthlake Marketplace
City of Southlake Planning & Zoning Meeting September 21, 2023
TABLE OF CONTENTS
• Existing Proper ty Conditions
• Proposed Improvements
o Common Area Improvements
o New Greenspace & Patio Areas
o New Restaurant Building
o Façade Improvements
• Social, Environmental & Economic Metrics
• Leasing Update
SHOP Development works on
projects that make an impact beyond
real estate. At SHOP, we measure
our success in terms of improvements
to the Social, Environmental and
Economic health of the communities
that we work with.
EXISTING PROPERTY
EXISTING CONDITIONS
• Inefficient Entry Points to Shopping Center
• Poor Wayfinding & Signage
• Lack of Trees at Parking Lot
• Lack of Outdoor Social Spaces
• Dated Storefront Facade
• Poor Street Presence
• Minimal Landscape
• Not Pedestrian Friendly
COMMON AREA IMPROVEMENTS
COMMON AREA IMPROVEMENTS
BEFORE PROPOSED
NEW GREENSPACE & PATIO AREAS
NEW GREENSPACE & PATIO AREAS
Patio with Cafe Seating and Railing
Overhead Decorative Pergola
Planted Area
Pedestrian Walkway
Open Lawn with String Lights
Decorative Screen Wall
1
1
1
2
2
3
3
4
5
66
4
5
LEGEND
0 10’ 20’40’
SCALE: 1”= 20’
N
NEW GREENSPACE & PATIO AREAS
BEFORE
PROPOSED
NEW RESTAURANT BUILDING
NEW RESTAURANT BUILDING
BEFORE PROPOSED
SOUTHLAKE BLVD SOUTHLAKE BLVD
• Addition of 3,500 SF of outdoor patio
seating
• Improvement to pedestrian scale
experience
• Heat island reduction by removing
existing parking lot and replacing with
open space and additional canopy trees
• Addition of 33 canopy trees, increasing
carbon sequestration by 23,727
pounds a year and reducing
stormwater runof f by 37,257 gallons a
year in 20 years
• Addition of 8,270 SF of planted area
• New full and part-time job creation
• Increased Net Operating Income drives
significant incremental ad valorem and
sales tax revenue
• Improves values of surrounding
residential and commercial properties
• Attracts (net) new tenants to Southlake
• Reinvestment supports existing area
business
METRICS OF PROPOSED IMPROVEMENTS
LEASING UPDATE
Southlake Marketplace
City of Southlake September 21, 2023
THANK YOU