Item 6D (3)Multi-Purpose Field Site Evaluations - March 17, 2009 - Page 1 of 5
Multi-Purpose Field Site Evaluations Summary
Ref Item
1 Trophy Club Property
13.98573 Acres, Tad Value: $1,226,260.00, Value/SF: $2.01
Existing lighted fields
Existing parking
- Only 12 acres
- Only access through neighborhood
- Heavily used for soccer
2/3 Saddleback Property
20.98845 Acres, Tad Value: $1,014,746.00, Value/SF Site 2: $1.10, Value/SF Site 3:
$1.23
Proximity to BJP
Good topography
Good access
Limited trees
Limited residential adjacency
- Require road improvements (site distance)
- Tough sell - lights
- Require lift station
4 Clariden School Property
5.75394 Acres, Tad Value: $970,996.00, Value/SF: $3.88
Good access
Good proximity to BJP
Limited residential adjacency
- School on property
- Available property too small
5/6 GV/Lonesome Dove Property
61.06098 Acres, Tad Value: $5,071,516.00, Value/SF Site 5: $2.28, Value/SF Site 6:
$1.55
Lighted fields – est. for sports use
- GV soccer fields
- ILA required
- Topography tough (Site 6)
- Joint use of fields would result in wear and tear of area
- Modifications required
- No mix of fields
7 Maguire
24.69446 Acres, Tad Value: $1,620,987.00, Value/SF: $1.50
Access
Size
Residential density/trade
- Trees/creek
- Close to KW Hollow
- Commercial property off tax base
Multi-Purpose Field Site Evaluations - March 17, 2009 - Page 2 of 5
8 CISD Site
8.94852 Acres, Tad Value: $828,596.00, Value/SF: $2.30
Good access
- New elementary planned
- Trees/topography
- Residential adjacency
9 Ridgecrest/Dove (DPS North)
31.33427 Acres, Tad Value: $1,374,876.00, Value/SF: $0.97
City owns
Good access
Central location
Topography
Lack of trees
Concept plan
Potential joint use with DPS (shared parking)
Located near other parks
- Residential adjacency
- Value determination
- Transmission line
- LDN
10 CMS/Church/Subdiv.
16.05702 Acres, Tad Value: $6,596,631.00, Value/SF: $9.44
Existing field space
Good access
- Building there (planned uses)
- Would require adjacent private property
11 Durham Property
10.70420 Acres, Tad Value: $1,083,263.00, Value/SF: $2.30
CISD ownership
- Drainage area
- Residential adjacency
12 Milner Property
64.32272 Acres, Tad Value: $5,229,895.00, Value/SF: $1.87
Large acreage
Good access
Back half good (but residential adjacent)
- Primer real estate
- Topography/trees/ponds
- Pull valuable property off tax rolls
13 Partial CISD and Harold Knight Property
37.64467 Acres, Tad Value: $3,272,595.00, Value/SF: $2.03
13 A. Harold Knight Property
_____ Acres, Tad Value: $____________ , Value/SF: $________
Back/East flat
Good access
- Topography
- Probably too small
- Residential adjacency
Multi-Purpose Field Site Evaluations - March 17, 2009 - Page 3 of 5
13 B. CISD
_____ Acres, Tad Value: $____________ , Value/SF: $________
CISD owned
Good access
- Planned middle school
- Limited field space
14 Gateway
12.07731 Acres, Tad Value: $920,858.00, Value/SF: $1.75
Already off tax rolls
No immediate planned uses
Willing to work with us (?)
Good access
No major residential adjacency
- Not a permanent solution
- Not previously interested
15 Keener Piece
10.77459 Acres, Tad Value: $1,145,158.00, Value/SF: $2.54
Flat/no trees
- No adjacency options
16 Chesapeake
21.30666 Acres, Tad Value: $4,324,401.00, Value/SF: $4.66
Good access
- Wetlands-environmental issues
- Prime property
Drill Impacts?
17 City of Southlake / Bicentennial (stadium)
17.54 Acres, Tad Value: $1,416,596.00, Value/SF: $1.85
Cheaper / cost
Good access to Shady Oaks
Good adjacency to other park uses
- Master plan already adopted
- Steep Grade / drainage
- Planned detention basin displaced
18 Greenway / Quicksall
25.64 Acres, Tad Value: $5, 991,221.00, Value/SF: $5.36
Potential off-site parking adjacency with Gateway Church
Size
Adjacency to school
- Residency adjacency
- High cost per sq/ft
- Loss of commercial value on tax roll
- Steep slopes on east side of property
- Would require road construction
- View of fields from 1709
Multi-Purpose Field Site Evaluations - March 17, 2009 - Page 4 of 5
19 Prade / Rucker
133 Acres, Tad Value: $13,530,728.00, Value/SF: $2.34
Acreage
Topography
- Flood plain issues (manageable)
- Residential adjacency (Timarron)
- Limited access unless future Rucker Rd. used
- Under contract
- Loss of residential stock / ad valorem value
- Expensive land
- Unwillingness to sell
20 Watermere Phase II
30 Acres, Tad Value: $1,359,033.00, Value/SF: $1.06
- Near new development
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21
20.78 Acres, Tad Value: $1,404,973.00, Value/SF: $1.55
- Residential adjacency
- West topography
- Size
22 South Brumlow
45 Acres, Tad Value: $2,777,420.00, Value/SF: $1.39
Good access
Size
Topography
No residential adjacency
- Drainage along east line
- Unwilling seller
- Potential commercial development
23 Conoco Property / Tank Farm
31.77 Acres, Tad Value: $2,705,165.00, Value/SF: $1.95
Size
Good access
- Adjacency to petroleum tank farm
- Trees
Multi-Purpose Field Site Evaluations - March 17, 2009 - Page 5 of 5
24 A & B Property
24.11 Acres, Tad Value: $2,625,905.00, Value/SF: $2.50
Topography
Size
Access to Kimball
Adjacency to CISD Dragon stadium
- Would eliminate last prime industrial property
- Drainage impact
- Trees
25 GCISD Property
54.83 Acres, Tad Value: $49,085,360.00, Value/SF: $20.55
Good access
Size
Existing fields
- Outside City limits (Grapevine)
- GCISD property (Mustang Stadium)
- Existing fields
26 DFW Airport Property
168.16 Acres, Tad Value: $21797073.00, Value/SF: $2.98
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27 Highland / White Chapel
_____ Acres, Tad Value: $____________ , Value/SF: $________
- Topography
- Under contract for residential development