Jun 23, 2026 SPIN Town Hall Forum

[00:00:01]

GOOD EVENING. WE'RE GOING TO GO AHEAD AND GET STARTED WITH TONIGHT'S MEETING. MY NAME IS RYAN FIRESTONE AND THIS IS JENNY CROSBY.

WE ARE WITH THE CITY'S PLANNING AND DEVELOPMENT SERVICES DEPARTMENT, AND WE ARE HERE TO ENSURE THIS MEETING RUNS SMOOTHLY AND EVERYONE HAS AN OPPORTUNITY TO BE HEARD. THE PURPOSE OF THE SOUTHLAKE PROGRAM FOR THE INVOLVEMENT OF NEIGHBORHOODS IS TO GAIN FEEDBACK FROM CITIZENS ON DEVELOPMENT, DEVELOPMENT RELATED PROJECTS AND OTHER ITEMS OF INTEREST IN THE COMMUNITY.

SPIN IS AN INFORMATIONAL MEETING AND NO VOTES ARE TAKEN DUE TO THE ANTICIPATED ATTENDANCE FOR THIS MEETING.

AN OVERFLOW ROOM HAS BEEN ESTABLISHED FOR CITIZENS.

SHOULD SEATING IN THIS ROOM BECOME FULL? THE OVERFLOW ROOM IS LOCATED ACROSS THE HALL IN THE COURTROOM.

SINCE THERE ARE TWO ITEMS ON TONIGHT'S AGENDA, WE ENCOURAGE ANYONE HERE FOR THE SECOND ITEM TO USE THE OVERFLOW ROOM WHILE THE FIRST ITEM IS BEING DISCUSSED SO THAT WE CAN ACCOMMODATE AS MANY ATTENDEES AS POSSIBLE.

SPIN IS STREAMED LIVE THROUGH SOUTHLAKE TV ON THE CITY'S MAIN WEBSITE.

CITY OF SOUTHLAKE.COM. OUT OF RESPECT FOR ALL PARTICIPANTS AND THOSE WATCHING REMOTELY, WE ASK THAT ATTENDEES REFRAIN FROM CLAPPING, CHEERING, BOOING, SHOUTING OUT COMMENTS OR OTHERWISE DISRUPTING THE MEETING.

MAINTAINING PROPER MEETING DECORUM HELPS ENSURE CLEAR AUDIO FOR REMOTE VIEWERS AND ALLOWS ALL COMMENTS, QUESTIONS AND RESPONSES TO BE ACCURATELY CAPTURED IN THE RECORDING.

NEXT, WE WILL SHOW A BRIEF VIDEO INTRODUCTION OF THE SPIN PROGRAM BY SOUTHLAKE. MAYOR. SHAWN. MCCASKILL.

GOOD EVENING. THIS IS SHAWN MCCASKILL, THE MAYOR OF SOUTHLAKE, AND I WOULD LIKE TO WELCOME YOU TO TONIGHT'S SPIN MEETING.

FIRST OF ALL, SPIN STANDS FOR SOUTHLAKE PROGRAM FOR THE INVOLVEMENT OF NEIGHBORHOODS.

AND THAT'S WHERE YOU COME IN. THIS IS THE FIRST STAGE IN OUR VERY THOROUGH AND EXHAUSTIVE REVIEW PROCESS FOR NEW DEVELOPMENTS HERE IN SOUTHLAKE, AND WE APPRECIATE YOU BEING PART OF THAT PROCESS.

TONIGHT, YOU'LL HEAR A PRESENTATION FROM THE APPLICANT WHO'S LOOKING TO DO POSSIBLY A NEW DEVELOPMENT HERE IN SOUTHLAKE.

YOU WILL GET A CHANCE TO ASK QUESTIONS, BUT THERE WILL NOT BE ANY VOTES TONIGHT THAT WILL COME LATER WITH THE PLANNING AND ZONING COMMISSION AND CITY COUNCIL.

WE LOOK FORWARD TO HEARING YOUR COMMENTS AND GETTING A REPORT ON WHAT IS DISCUSSED TONIGHT AS WE GO THROUGH THIS REVIEW PROCESS AT THE PLANNING AND ZONING AND CITY COUNCIL LEVELS, YOUR INPUT, BOTH FOR AND AGAINST A PROPOSED DEVELOPMENT IS ESSENTIAL AS WE LOOK AT WHAT OUR RESIDENTS THINK WHEN WE'RE MAKING OUR DECISIONS.

WE APPRECIATE YOU BEING HERE TONIGHT AND BEING PART OF OUR PROCESS.

THANK YOU VERY MUCH FOR YOUR TIME TONIGHT.

BEFORE WE BEGIN OUR FIRST PRESENTATION TONIGHT, WE ASK THAT YOU PLEASE HOLD YOUR QUESTIONS AND COMMENTS UNTIL THE END OF THE APPLICANT'S PRESENTATION. FOLLOWING THAT PRESENTATION, ANYONE WISHING TO ASK A QUESTION OR PROVIDE COMMENTS MAY DO SO AT ONE OF THE MICROPHONES LOCATED IN THE AISLES.

THERE IS NO NEED TO SIGN UP TO SPEAK. GIVEN THE LARGE ATTENDANCE, WE ASK THAT OUR SPEAKERS KEEP THEIR COMMENTS CONCISE TO ENSURE THAT EVERYONE HAS AN OPPORTUNITY TO BE HEARD. WE ALSO ASK THAT ATTENDEES LINE UP IN AN ORDERLY FASHION AND APPROACH THE MICROPHONES ONE AT A TIME.

AFTER SPEAKING, WE ASK THAT YOU ALLOW OTHERS AN OPPORTUNITY TO SPEAK BEFORE RETURNING TO THE MICROPHONES.

I'D ALSO LIKE TO NOTE THAT CITY STAFF ARE PRESENT TO MANAGE THE MEETING PROCESS AND ENSURE THE MEETING RUNS SMOOTHLY.

QUESTIONS AND RESPONSES SHOULD BE DIRECTED BETWEEN THE APPLICANT AND MEMBERS OF THE AUDIENCE, AND NOT TO CITY STAFF. PLEASE NOTE THAT NEITHER OF THE AGENDA ITEMS BEING PRESENTED TONIGHT HAVE BEEN FORMALLY SUBMITTED TO THE CITY, AND STAFF HAVE NOT CONDUCTED A REVIEW OF EITHER PROPOSAL.

I'D ALSO LIKE TO NOTE THAT WE DO HAVE AN ONLINE FORUM FOR RESIDENTS TO SUBMIT THEIR QUESTIONS AND COMMENTS IN ADVANCE OF THE MEETING, IF THEY ARE UNABLE TO ATTEND. WE WILL READ THROUGH ALL THOSE SUBMISSIONS THAT WE'VE RECEIVED FROM THE RESIDENTS IN ATTENDANCE. AFTER THE RESIDENTS IN ATTENDANCE HAVE BEEN ABLE TO SPEAK WITH THAT, I'D LIKE TO GET TO OUR FIRST APPLICANT'S PRESENTATION.

[2. SPIN2026-06 – An applicant is proposing an approximately 26-acre mixed use development, known as Celeste, to be located on the northeast intersection of E. State Highway 114 and N. White Chapel Boulevard, and generally located south of the Carillon Parc residential subdivision, within SPIN Neighborhood #3.]

THIS IS A PROPOSAL FOR AN APPROXIMATELY 26 ACRE MIXED USE DEVELOPMENT KNOWN AS CELESTE, TO BE LOCATED ON THE NORTHEAST INTERSECTION OF EAST STATE HIGHWAY 114 AND NORTH WHITE CHAPEL BOULEVARD AND GENERALLY LOCATED SOUTH OF THE CARILLON PARK RESIDENTIAL SUBDIVISION WITHIN SPINE NEIGHBORHOOD NUMBER THREE MR. TORO. THANK YOU JENNY. GOOD EVENING. I'M MARK TORO WITH TORO DEVELOPMENT COMPANY.

I'M HERE TO DISCUSS CELESTE OUR PROPOSED PROJECT AT CARILLON, 114 NORTH WHITECHAPEL ROAD.

SO WHAT'S AHEAD? FIRST OF ALL THIS IS NOT A PRESENTATION.

THIS IS A CONVERSATION. I HOPE TO HEAR FROM ANY AND ALL OF YOU TO UNDERSTAND WHAT CONCERNS AND QUESTIONS YOU MAY HAVE.

WE'VE BEEN LISTENING TO SOUTHLAKE RESIDENTS AND ELECTED STAFF OFFICIALS FOR ALMOST A YEAR NOW.

I'M GOING TO SHARE WITH YOU THE PROCESS THAT WE'VE BEEN UNDER WAY WITH TO DATE AND WHAT WE'RE WHERE WE ARE IN THAT PROCESS GOING FORWARD.

THEN I'D LIKE TO SHARE WITH YOU WHY, CELESTE.

WHY NOW AND WHY US SHARE THE VISION FOR CELESTE.

[00:05:02]

AND THEN LASTLY, ENGAGE IN A DISCUSSION, HEAR FROM EACH OF YOU AS TO YOUR CONCERNS.

SO AS I SAID, WE'VE BEEN LISTENING. LAST FALL, WE ENGAGED WITH SOUTHLAKE ELECTED OFFICIALS AND STAFF AND WENT AWAY WITH AN UNDERSTANDING OF WHAT WAS POSSIBLE HERE, WHAT THE COMMUNITY MIGHT EMBRACE.

AND WE CREATED A CONCEPT PLAN THAT WE PRESENTED TO CAROLINE, THE MOST CLOSELY IMPACTED COMMUNITY BY OUR OUR PROPOSAL.

ON MAY 12TH, WE HAD ABOUT 75 RESIDENTS OF CAROLINE IN ATTENDANCE THAT EVENING AND HAD A.

HAD A GREAT RESPONSE. THE FOLLOWING DAY WE LAUNCHED A COMMUNITY FEEDBACK SURVEY.

WE'VE HAD HUNDREDS OF RESPONSES FROM THE THE COMMUNITY AND THE SOUTHLAKE COMMUNITY AT LARGE.

AND I'M GOING TO SHARE THOSE RESULTS WITH YOU.

THEN WE HAD A VIRTUAL MEETING ON MAY 5TH. ON JUNE 15TH WITH THE COMMUNITY AND THE BROADER COMMUNITY OF SOUTHLAKE.

AND THEN THE MOST CLOSELY IMPACTED RESIDENTS OF SOUTHLAKE ARE THOSE WHO RESIDE ON RIVIERA LANE, WHICH IS THE STREET THAT DIRECTLY ABUTS THE CELESTE SITE.

CARL AND TRACY ELVING WERE KIND ENOUGH TO OPEN THEIR HOME TO 25 OR 30 OF THEIR NEIGHBORS SO THAT WE COULD GET VERY GRANULAR WITH THOSE WHO WOULD HAVE CELESTE LITERALLY IN THEIR BACKYARD.

AND HERE WE ARE AT SPIN TONIGHT. THIS IS OUR FIRST OPPORTUNITY TO ADDRESS SOUTHLAKE AT LARGE.

AND I SEE SOME FAMILIAR FACES. CAROLINE RESIDENTS.

I SEE A LOT OF NEW FACES. I'M ASSUMING THEY ARE NOT FROM CAROLINE.

AND THAT WE WILL HEAR FROM YOU AS TO WHAT YOUR CONCERNS MIGHT BE.

COMMUNITY SURVEY, 91% OF THE RESPONDENTS WERE SOUTHLAKE RESIDENTS.

80% WANT BOUTIQUE AND LOCAL RETAIL, 71% WANT FARMERS MARKETS, 63% WANT FAMILY FRIENDLY DINING AND EVENTS, 57% LIVE MUSIC PROGRAMING, 47% LOCAL CHEF DRIVEN RESTAURANTS AND 45% VOLUNTARILY COMMENTED AGAINST APARTMENTS.

WE'RE GOING TO HAVE A LIVELY CONVERSATION ABOUT THAT THIS EVENING.

WHY CELESTE, WHY NOW AND WHY US? WE'RE IN THE BUSINESS OF CREATING PLACES AND THIS SITE, WE LOOK AT COMMUNITIES ALL OVER THE US. AND THIS SITE IS PERFECTLY SITUATED TO SERVE CARILLON, WHICH HAD.

FOR MANY OF YOU RESIDENTS WHO HAVE BEEN HERE FOR SOME TIME, BEEN PROMISED A EUROPEAN VILLAGE DECADES AGO, LITERALLY. AND THAT PROMISE HAS NOT BEEN REALIZED.

WE HAVE THE OPPORTUNITY TO DELIVER THAT WALKABLE COMMUNITY THAT WAS PROMISED.

YOU NOTE THAT THE IN THIS PHOTOGRAPH, THIS AERIAL PHOTOGRAPH, YOU'LL NOTE THAT THE VILLAGE DISTRICT OF CARILLON IS SOME OF THE MOST DENSELY DEVELOPED RESIDENTIAL, IF NOT THE MOST DENSELY DEVELOPED RESIDENTIAL IN ALL OF SOUTHLAKE.

AND IT PROVIDES THE PERFECT SETUP TO TO DELIVER WALKABILITY FOR.

FOR HOMEOWNERS. WE ARE. WE HAVE THE OPPORTUNITY TO PROVIDE A GATHERING PLACE, ACTIVATE PUBLIC REALM.

WE TYPICALLY HOST 200 EVENTS A YEAR, EVERYTHING FROM MOTHER'S MORNING OUTS ON TUESDAY MORNINGS TO TREE LIGHTINGS AND SAINT PATRICK'S DAY EVENTS. WE HAVE THE OPPORTUNITY TO ATTRACT BEST IN CLASS F AND B.

I WAS SPEAKING WITH A FRIEND FROM DALLAS HERE RECENTLY, THIS AFTERNOON, IN FACT, ABOUT THE CULINARY SCENE HERE IN DALLAS AND FORT WORTH AND THEN BROADER IN TEXAS, AUSTIN AND HOUSTON AND ELSEWHERE, WHERE MANY OF THOSE RESTAURATEURS AND THOSE OPERATORS THAT HAVE REALLY RAISED THE BAR THROUGHOUT THE STATE OF TEXAS HAVE NOT COME TO SOUTHLAKE BECAUSE THEY ARE NOT THEY DON'T HAVE A PLACE TO SITUATE.

THEY ARE NOT LIKELY TO LOCATE IN SOUTHLAKE TOWN SQUARE, NEXT TO CHEESECAKE FACTORY AND TRULUX.

THEY NEED TO HAVE A CADRE OF OTHER BEST IN CLASS, CHEF DRIVEN RESTAURANTS IN ORDER TO CONGREGATE WITH.

AND THAT'S THE BUSINESS THAT WE'RE IN. WE HAVE THE OPPORTUNITY TO PROVIDE STABLE, LONG TERM OWNERSHIP.

THIS CLASS OF REAL ESTATE. IT IS, I WOULD SAY, NOW, A NEWLY CREATED SEPARATE ASSET CLASS.

MIXED USE HAS ATTRACTED THE THE INVESTMENT OF LONG TERM, STABLE INSTITUTIONAL INSTITUTIONAL INVESTORS,

[00:10:01]

AND WE ALSO HAVE THE OPPORTUNITY TO ENHANCE PROPERTY VALUES, WHICH I'LL DESCRIBE TO YOU, WHICH WE'VE EXPERIENCED IN OTHER PROPERTIES THAT WE'VE DEVELOPED IN THE US. WE'RE IN THE BUSINESS OF MAKING PLACE IN THOSE PLACES, HOST LARGE EVENTS AND SMALL.

THEY HAVE EVENTS THAT CONGREGATE THE COMMUNITY AT LARGE AND THE COMMUNITY ON THE PROPERTY, AND THEY ALSO PROVIDE A PLACE TO HAVE SOLITUDE AND SMALL GATHERINGS.

AS I SAID, WE CREATE PLACE AND PROBABLY THE BEST EXAMPLE OF THE PLACE MAKING THAT WE'VE ENGAGED IN FOR THE LAST DECADE IS A COMMUNITY IN ALPHARETTA, GEORGIA, CALLED AVALON. IT'S AN 86 ACRE SITE, 2.5 MILLION SQUARE FEET.

LARGE REGIONAL IMPACT, PROBABLY AKIN TO YOUR SOUTHLAKE TOWN SQUARE, BUT MORE DENSE WITH HALF 1,000,000FT² OF CLASS A OFFICE, A LARGE HOTEL, HALF 1,000,000FT² OF OF RETAIL, 526 LUXURY MULTIFAMILY RESIDENTIAL UNITS, 101 SINGLE FAMILY HOMES, AND 45,000 SQUARE FOOT CONFERENCE CENTER.

MUCH LARGER IN SCALE THAN WHAT WE'RE PROPOSING HERE, BUT THE SAME PIECES AND PARTS, A PLACE FOR FAMILIES TO GATHER, FOR PEOPLE TO ENGAGE IN EVENTS AND TAKE ADVANTAGE OF CONCIERGE LEVEL SERVICE AND A PLACE WE SAY IT'S A PLACE TO BE. I LIVE AT AVALON. I DEVELOPED IT 14 YEARS AGO.

AND IT IS A LIFE ALTERING EXPERIENCE AS SOME I THINK SOME OF YOU IN THE ROOM HAVE BEEN THERE WOULD WOULD ATTEST.

BUT EVERY COMMUNITY IS ONE OF ONE. WE ARE CURRENTLY UNDER CONSTRUCTION WITH WHAT WE'LL CALL AVALON'S LITTLE SISTER NEARBY IN A COMMUNITY CALLED JOHNS CREEK, GEORGIA, WHICH IS VERY SIMILAR IN DEMOGRAPHIC MAKEUP TO SOUTHLAKE MUCH SMALLER.

IT'S A 42 ACRE SITE INCLUDES 133 TOWNHOME UNITS, 165,000FT² OF RETAIL, 115,000FT² OF OFFICE AND A HOTEL.

IT IS ON THE SCALE OF SOMETHING MORE LIKE WHAT WE WOULD PROPOSE HERE AT CELESTE.

IT IS UNDER CONSTRUCTION AND OPENS ON OCTOBER 28TH.

AVALON CHANGED HOW PEOPLE FELT ABOUT MIXED USE.

ONCE AVALON WAS BUILT, THEN WE HAD PEOPLE THAT WERE ENJOYING THE MIXED USE.

THEY APPRECIATED THE QUALITY AND THEY WANTED TO SEE MORE QUALITY.

AVALON WAS ABLE TO SHOW PEOPLE THAT TYPICALLY LIVE IN A SUBURB OUTSIDE OF AN URBAN AREA, THAT YOU CAN HAVE THOSE URBAN ENVIRONMENTS AND WALKABILITY AND BRING THE COMMUNITY TOGETHER. LIVING AT AVALON IS LIKE A FIVE STAR HOTEL.

EVERYONE IS SPECIAL, EVERYONE IS IMPORTANT, AND IT'S ALL ABOUT THE EXPERIENCE.

I LOVE THE MIXED USE. I LOVE THE EASY ACCESS TO EVERYTHING.

GRABBING A BIRTHDAY GIFT QUICKLY, GETTING MY HAIR DONE AT DRYBAR.

IT'S JUST INCREDIBLE. ALL THE CONVENIENCES HERE.

I ALWAYS TELL PEOPLE I FEEL LIKE I'M ON VACATION AT 5:00 IN THE AFTERNOON EVERY DAY.

IT'S LIKE TRAVELING TO A GREAT CITY IN THE UNITED STATES AND YOU STAY ON MAIN STREET.

MOST PEOPLE WANT TO COME HERE TO BE SOCIAL, SO I DON'T REALLY HAVE TO GO ANYWHERE.

SOMEONE WHO HAS BECOME A DEAR FRIEND LIVES TWO DOORS DOWN.

WE CALL EACH OTHER AND BE LIKE, HEY, WANT TO GO DOWNSTAIRS AND WORK OUT? HEY, WANT TO GO FOR A WALK? I LOVE THAT ON DAYS WHEN I'M LAZY AND DON'T WANT TO COOK, I CAN GO RIGHT DOWNSTAIRS.

AMAZING THAI FOOD, SUSHI ROOMIES. SUPER EASY.

I LOVE GRABBING A GLASS OF WINE AT CRU. SOMETIMES MY PARENTS WILL COME UP AND VISIT AND WE WILL SHOP.

[00:15:01]

THAT IS ONE THAT WE LOOK FORWARD TO EVERY YEAR.

WE ALWAYS GO AND VISIT OUR NEIGHBORS WHO LIVE ON THE CORNER UNITS AND WE OVERLOOK THE TREE.

SO THAT'S ALWAYS MY PERSONAL FAVORITE THAT I NEVER MISS.

WHEN I THINK ABOUT LIVING IN AVALON, TO ME, IT FEELS LIKE YOU'VE CAPTURED A SLICE OF WHAT LIVING IN THE MIDDLE OF A BIG CITY IS LIKE, BUT YOU'VE TAKEN AWAY KIND OF THE NEGATIVES THAT CAN COME FROM LIVING IN A BIG CITY.

AND YOU'VE REALLY JUST GOT THE FUN AND EXCITEMENT.

WE WERE PAINTING A PICTURE OF WHAT ALPHARETTA COULD AND SHOULD BE.

96 OLYMPICS CAME TO ATLANTA. SUDDENLY, EVERYBODY ALL ACROSS THE WORLD KNEW WHO ATLANTA WAS, AND I FELT LIKE AVALON STILL GET QUESTIONS FROM OTHER COMMUNITIES AND CITIES ACROSS THE COUNTRY.

IT IS STILL A CALLING CARD FOR THE CITY, NOT JUST IN THE IMMEDIATE AREA, BUT REALLY ALL ACROSS THE COUNTRY AND PERHAPS THE WORLD.

IT IS SOMETHING THAT HAS SPURRED BUSINESSES MOVING HERE.

WE'VE HAD ADDITIONAL REQUESTS WITHIN A MILE OF AVALON AND BEYOND TO MAKE SURE THAT PEOPLE CAN BE CLOSE TO AVALON, AND THEY WANT TO BE PART OF THAT ENERGY.

SO I'M GOING TO SHARE A LITTLE BIT OF THE VISION FOR CELESTE.

AND AGAIN, WE'RE IN THE BUSINESS. WE'RE IN THE PROCESS OF LISTENING AND LEARNING.

THIS IS OUR FIRST CONCEPT PLAN, WHICH WAS DEVISED A NUMBER OF MONTHS AGO.

IT'S STILL IN PROGRESS. AND I'M INTERESTED IN IN Y'ALL'S OPINIONS ABOUT HOW WE MIGHT REFINE IT.

THIS IS THE PLAN OVERLAID ON THE CAROLINE COMMUNITY.

YOU SEE THE THE LOTS BEING DEVELOPED TO THE NORTH OF OUR SITE.

THOSE HOMES ARE ALMOST ALL BUILT OUT. THERE ARE A NUMBER OF THEM THAT ARE UNDER CONSTRUCTION.

THIS IS A CLOSE UP OF THE PLAN. IF YOU START DUE NORTH ON THE CENTER OF THE TOP OF THE PLAN, 100,000 SQUARE FOOT OFFICE BUILDING MOVING TO THE LEFT COUNTERCLOCKWISE.

A FITNESS AREA OVER RETAIL. ANYBODY FAMILIAR WITH EQUINOX, THE NEW YORK BASED FITNESS PROVIDER.

WORLD CLASS OPERATOR. TWO. TWO UNITS IN TEXAS SO FAR.

SOUTHLAKE IS ON THEIR TARGET LIST FOR FOR THE NEXT CLUB.

AND CELESTE IS IS AN OPTION FOR THEM. NEXT TO THEM MOVING COUNTERCLOCKWISE 187 KEY BOUTIQUE HOTEL AND THEN CONTINUING CLOCKWISE 326 UNITS OF LUXURY RESIDENTIAL. AND THEN ON 114.

THE SECOND 100,000 SQUARE FOOT OFFICE BUILDING.

A FEW RENDERINGS OF THE TYPE OF EXPERIENCE THAT WE INTEND TO DELIVER TO CAROLINE AND THE COMMUNITY OF SOUTHLAKE AT LARGE.

NUMBER OF STREET LEVEL SCENES PATIO SEATING, EVENT SPACES, LIGHTING, VALET CONCIERGE MUSIC ALL OF THE SORT OF SOFT SKILLS THAT WE'VE LEARNED OVER THE LAST 15 YEARS IN DELIVERING THIS EXPERIENCE.

THIS IS A VIEW FROM THE 114 FRONTAGE ROAD LOOKING EAST.

A VIEW FROM LOOKING NORTH. I GUESS IT WOULD BE NORTH THAT WAS LOOKING WEST, LOOKING NORTHEAST AT THE HOTEL ON THE END CAP.

THIS IS LOOKING IN THE OPPOSITE DIRECTION FROM THE HOTEL.

AND THIS IS ON 114 HEADED EAST ON THE FRONTAGE ROAD.

CELESTE IS 26 ACRES, 165,000FT² OF RETAIL, 12 TO 15 CHEF DRIVEN RESTAURANTS, 10 TO 12 BOUTIQUE RETAILERS.

A BEST IN CLASS FITNESS OPERATOR. 200,000FT² OF CLASS A OFFICE.

187 KEY BOUTIQUE HOTEL. 326 UNITS OF LUXURY RESIDENTIAL AND ACTIVATED PUBLIC REALM, WHICH IN SOME RESPECTS IS OUR ACE OF SPADES. AS I MENTIONED, WE HOST 200 EVENTS A YEAR, EVERYTHING FROM STROLLER BRIGADES ON TUESDAY MORNINGS TO LARGE EVENTS FOR HOLIDAYS.

AND IT HAS BECOME AVALON. AND NOW MEDLEY HAS BECOME THAT COMMUNITY'S THIRD PLACE, THAT PLACE BEYOND WORK AND HOME, WHERE WE GO TO DO LIFE TOGETHER. CELESTE IS IS A KIND OF COMMUNITY THAT WE BELIEVE SOUTHLAKE IS

[00:20:06]

THE SURVEY RESPONSES RESPONSES WERE THOUGHTFUL, PASSIONATE, AND REMARKABLE.

REMARKABLY CONSISTENT MESSAGE WAS THAT WASN'T THAT PEOPLE DON'T WANT DEVELOPMENT.

THE MESSAGE WAS THAT PEOPLE WANT SOMETHING BETTER THAN CONVENTIONAL DEVELOPMENT.

RESIDENTS TOLD US THEY WANT GREAT RESTAURANTS, BOUTIQUE RETAIL, BEAUTIFUL PUBLIC SPACES, WALKABILITY, LIVE MUSIC, COMMUNITY EVENTS, FARMERS MARKETS, AND PLACES WHERE FAMILIES CAN GATHER.

IN OTHER WORDS, THEY WANT A PLACE, NOT A PROJECT.

WE BELIEVE CELESTE CAN BECOME EXACTLY THAT KIND OF PLACE.

AND WHY A THOUGHTFULLY DESIGNED, MIXED USE COMMUNITY IS ESSENTIALLY ESSENTIAL TO ACHIEVING THAT VISION? ONE OF THE STRONGEST THEMES IN THE SURVEY WAS CONCERN ABOUT APARTMENTS.

I UNDERSTAND AND RESPECT THAT CONCERN, BUT I ALSO BELIEVE THE HOUSING CONVERSATION HAS CHANGED DRAMATICALLY OVER THE LAST DECADE.

TODAY'S LUXURY MULTIFAMILY COMMUNITIES ARE INCREASINGLY HOME TO EXECUTIVES, ENTREPRENEURS, PHYSICIANS, RETIREES, EMPTY NESTERS AND PROFESSIONALS WHO COULD BUY HOMES BUT CHOOSE NOT TO.

THEY ARE RENTERS BY CHOICE. MANY WANT FLEXIBILITY.

SOME WANT A LOCK AND LEAVE LIFESTYLE. OTHERS ARE RELOCATING TO A COMMUNITY BEFORE MAKING A LONG TERM PURCHASE DECISION.

THE REALITY IS THAT MODERN MULTIFAMILY HOUSING IS NO LONGER DEFINED BY INCOME LEVEL.

IT IS INCREASINGLY DEFINED BY LIFESTYLE PREFERENCE.

THE QUESTION ISN'T WHETHER PEOPLE OWN OR RENT.

THE QUESTION IS WHETHER THEY CONTRIBUTE TO THE COMMUNITY.

SUPPORT LOCAL BUSINESSES AND HELP CREATE A VIBRANT PLACE.

THE COMMON MISCONCEPTION IS THAT RESIDENTIAL USES ARE INCLUDED TO TO INCREASE DENSITY.

THAT'S NOT WHY SUCCESSFUL MIXED USE DEVELOPMENTS INCLUDE HOUSING.

THE RESIDENTIAL COMPONENT EXISTS BECAUSE IT HELPS SUPPORT EVERYTHING ELSE RESIDENTS SAY THEY WANT.

RESTAURANTS NEED CUSTOMERS ON MONDAY NIGHTS, JUST NOT JUST ON SATURDAYS.

COFFEE SHOPS NEED REGULAR PATRONS EVERY MORNING.

BOUTIQUE RETAILERS NEED CONSISTENT FOOT TRAFFIC.

LIVE ENTERTAINMENT VENUES NEED ACTIVITY BEYOND SPECIAL EVENTS.

THE RESIDENTS LIVING WITHIN WALKING DISTANCE HELP CREATE THAT DAILY ENERGY.

THE HOUSING DOESN'T COMPETE WITH THE RESTAURANTS, RETAIL AND PUBLIC SPACES. IT HELPS SUSTAIN THEM.

THE PLACE IS THE DESTINATION. RESIDENTIAL SIMPLY HELPS TO MAKE THIS DESTINATION VIABLE.

WE LIVE IN THE MOST DIGITALLY CONNECTED SOCIETY IN HISTORY, YET LONELINESS AND SOCIAL ISOLATION CONTINUE TO RISE.

PEOPLE ARE SPENDING MORE TIME CONNECTED ONLINE AND LESS TIME CONNECTED TO EACH OTHER.

THAT'S WHY GREAT PLACES MATTER MORE THAN EVER.

A WALKABLE, MIXED USE ENVIRONMENT CREATES OPPORTUNITY FOR SPONTANEOUS HUMAN INTERACTION.

MEETING A FRIEND AT A COFFEE SHOP, ATTENDING A FARMER'S MARKET.

LISTENING TO LIVE MUSIC. RUNNING INTO NEIGHBORS ON A WALK.

THESE MOMENTS MAY SEEM SMALL. BUT THEY ARE THE BUILDING BLOCKS OF COMMUNITY.

THE FUTURE OF GREAT DEVELOPMENT. DEVELOPMENT ISN'T JUST ABOUT BUILDINGS, IT'S ABOUT CREATING OPPORTUNITIES FOR BELONGING.

WHEN YOU VISIT THE MOST BELOVED PLACES AROUND THE WORLD, WHETHER IN SPAIN, ITALY, FRANCE OR ELSEWHERE, YOU NOTICE SOMETHING IMPORTANT. PEOPLE AREN'T DRAWN THERE BECAUSE OF THE BUILDINGS.

THEY'RE DRAWN THERE BECAUSE OF THE EXPERIENCE.

BEAUTIFUL PUBLIC SPACES. OUTDOOR DINING. WALKABILITY.

ARCHITECTURE THAT RESPECTS THE HUMAN SCALE. PLACES DESIGNED FOR PEOPLE RATHER THAN CARS.

THOSE ARE EXACTLY THE QUALITIES SOUTHLAKE RESIDENTS TOLD US THEY WANT.

THE OPPORTUNITY AT CELESTE IS NOT TO COPY ANOTHER PROJECT.

IT'S TO CREATE A UNIQUELY SOUTHLAKE PLACE INSPIRED BY THE TIMELESS PRINCIPLES THAT MAKE THIS COMMUNITY MEMORABLE AND MEANINGFUL.

FOR DECADES, ECONOMIC DEVELOPMENT WAS PRIMARILY ABOUT ATTRACTING COMPANIES.

TODAY, THE MOST SUCCESSFUL COMMUNITIES UNDERSTAND THAT TALENT COMES FIRST.

PEOPLE CHOOSE WHERE THEY WANT TO LIVE. BUSINESSES FOLLOW TALENT.

[00:25:03]

THAT MEANS CREATING PLACES WHERE PEOPLE WANT TO SPEND TIME, BUILD RELATIONSHIPS AND CREATE MEMORIES.

A SUCCESSFUL MIXED USE COMMUNITY DOESN'T JUST BENEFIT THE PEOPLE WHO LIVE THERE.

IT SUPPORTS LOCAL BUSINESSES. IT STRENGTHENS THE TAX BASE.

IT CREATES JOBS. IT INCREASES COMMUNITY PRIDE, AND IT BECOMES AN ASSET FOR THE ENTIRE CITY.

THE SURVEY RESULTS TOLD US SOMETHING VERY IMPORTANT.

RESIDENTS WANT COMMUNITY. THEY WANT GATHERING PLACES.

THEY WANT WALKABILITY. THEY WANT EXPERIENCES AND THEY WANT BEAUTIFUL PUBLIC SPACES.

AND THEY WANT SOUTHLAKE TO CONTINUE TO BE ONE OF THE MOST DESIRABLE PLACES TO LIVE IN AMERICA.

WE SHARE THAT VISION. THE GOAL OF CELESTE IS NOT SIMPLY TO BUILD BUILDINGS.

THE GOAL IS TO CREATE A PLACE, A PLACE THAT REFLECTS THE VALUE OF THIS COMMUNITY, A PLACE THAT BRINGS PEOPLE TOGETHER AND A PLACE THAT FUTURE GENERATIONS WILL BE PROUD TO CALL PART OF SOUTHLAKE.

WE'RE STILL LISTENING. AND IF YOU'D LIKE TO CONTRIBUTE TO OUR SURVEY, PLEASE SHOOT THAT QR CODE AND FEEL FREE TO SHARE YOUR THOUGHTS. THAT'S ALL I HAVE. ALL RIGHT. AT THIS TIME, WE WELCOME ANYONE WITH COMMENTS OR QUESTIONS TO LINE UP AT EITHER OF THE TWO MICROPHONES AND SPEAKERS WILL BE RECOGNIZED IN ALTERNATING ORDER BETWEEN THE TWO.

PLEASE DO NOT REMOVE THE MICROPHONES FROM THEIR STANDS.

STAFF IS HAPPY TO HELP YOU ADJUST THEM IF NEEDED.

AS A REMINDER, GIVEN THE LARGE ATTENDANCE, WE ASK THAT ANYONE WISHING TO SPEAK KEEP THEIR COMMENTS CONCISE TO ENSURE THAT EVERYONE HAS AN OPPORTUNITY TO BE HEARD.

AFTER SPEAKING, WE ASK THAT YOU ALLOW OTHERS AN OPPORTUNITY TO SPEAK BEFORE RETURNING TO THE MICROPHONES.

WE ALSO ASK THAT ATTENDEES REFRAIN FROM CLAPPING, CHEERING, BOOING, SHOUTING OUT COMMENTS OR OTHERWISE DISRUPTING THE MEETING TO ENSURE CLEAR AUDIO FOR REMOTE VIEWERS AND TO ALLOW ALL COMMENTS, QUESTIONS AND RESPONSES TO BE ACCURATELY CAPTURED IN THE RECORDING.

YEAH. HI, MY NAME IS DAVE. I'M A CAROLINA RESIDENT.

I DID NOT ATTEND THE PRIOR MEETINGS, BUT I'M HERE NOW.

SO MY APPROACH A LITTLE BIT DIFFERENT THAN MOST.

I GUESS A FEW QUESTIONS. SO FROM MY TAKE FROM YOUR PRESENTATION AS THAT YOUR DEVELOPMENT COMPANY WILL OWN 100% OF EVERY PROPERTY ON THAT DEVELOPMENT.

IS THAT CORRECT? THAT'S CORRECT. AND SO YOU WILL GET THE REVENUE FROM EVERY THING THAT HAPPENS THERE.

YES. OKAY. DO YOU KNOW HOW WHAT THE TOTAL NUMBER OF SQUARE FOOTAGE OF RESIDENTIAL YOU'RE PLANNING ON PUTTING IN THE DEVELOPMENT? ABOUT 350,000FT². OKAY. IS THAT THAT'S RENTABLE SQUARE FEET.

SO THERE'S OVERHEAD ON TOP OF THAT TO COVER HALLWAYS AND AND THEN AND THEN PARKING GARAGE ON TOP OF THAT, CORRECT? YES. OKAY. I TOOK A LITTLE BIT DIFFERENT APPROACH.

JUST I WANT TO GIVE PEOPLE AN IDEA OF THE MAGNITUDE OF A STRUCTURE THAT'S THAT SIZE.

AND SO I GOT TO MY BUDDY, I FIRED UP AND I PUT A BUNCH OF CRITERIA IN THERE AND ABOUT 350, I USE 350. I'M A LITTLE HIGH. YOU SAID 328 OR SOME SMALLER NUMBER.

EVERYBODY HERE KNOWS THE DELTA HOTEL. EVERYBODY KNOWS THE WESTIN HOTEL.

MY CALCULATIONS SAY THE APARTMENT PORTION OF YOUR DEVELOPMENT IS ABOUT FOUR TIMES THE SIZE OF THE DELTA HOTEL, ABOUT THREE AND A HALF TIMES THE SIZE OF THE WESTIN HOTEL.

I DID OTHER CALCULATIONS BASED ON USAGE AND SQUARE FOOT.

I JUST WANT PEOPLE TO UNDERSTAND THAT THIS, THIS APARTMENT COMPLEX THAT'S GOING IN RELATIVE TO THE DEVELOPMENT OF THE 26 ACRES HE'S USING IS QUITE LARGE.

SO I'M SORRY, I HAVE A QUESTION FOR YOU. IS THIS WHAT ARE YOU IN THE DEVELOPMENT BUSINESS? I'M AN ENGINEER ENTREPRENEUR, AND I DO I DO DEVELOPMENT.

YES. OKAY. SO YOU SPEAK WITH AUTHORITY WHEN YOU SAY THAT THIS FOUR TIMES AND THREE TIMES AND ALL THESE NUMBERS, I'M LOOKING AT THE DELTA HOTEL. I'VE GOT NUMBERS HERE. I WANT TO BORE PEOPLE, BUT THE DELTA HOTEL IS 240 ROOMS. IT'S ON FIVE ACRES. THE AVERAGE ROOM IS 350FT².

IF YOU DO THE MATH ON THAT, YOU GET SO MANY THOUSAND SQUARE FEET.

I CALCULATED YOU NEED 420,000 TOTAL GROSS SQUARE FOOTAGE OF RESIDENTIAL, WHICH INCLUDES ABOUT A 20% OVERHEAD FOR FIRE ROOMS, HALLWAYS, ELEVATORS, STAIRS, ALL THE WORK YOU NEED ON THERE.

SO I WENT THROUGH ALL THE NUMBERS, AND THAT'S WHAT I CAME UP WITH ON A, ON A FOOTPRINT, DEPENDING ON HOW MUCH GROUND THEY USE ON THE WHOLE PROCESS.

AND I'LL LEAVE YOU A COPY OF THIS. SO YOU LOOK AT MY NUMBERS 30% OF THE SITE IS, IS FOR JUST ROADS, OVERHEAD STREETS AND ALL THAT. AND I HAVE 35% SPLIT BETWEEN THE 5050 RESI AND 5050 FOR OFFICE AND MIXED DEVELOPMENT COMMERCIAL.

IS THERE A QUESTION? NOT A QUESTION. JUST WANT PEOPLE TO UNDERSTAND JUST HOW BIG THIS THIS PROPERTY IS GOING TO BE.

SO I HAVE A COMMENT THAT I'LL SAVE FOR LATER.

[00:30:08]

I LIVE HERE IN SOUTHLAKE 26 YEARS. INTERESTINGLY ENOUGH, THERE IN MY EMAIL TODAY, THIS AFTERNOON, ABOUT 230, I GOT AN EMAIL ADDRESS TO ALL THE CITIZENS OF SOUTHLAKE FROM OUR MAYOR IN WHICH HE WAS SENDING NOTIFYING US THAT HE WAS SENDING INFORMATION TO THE STATE THAT THEY STILL DO NOT WANT LARGE DEVELOPMENTS. HE, HE SAID OUR DECADES LONG POSITION WITH THE LEGISLATURE, EACH LEGISLATIVE SESSION IS TO PROTECT THE INTEGRITY OF SOUTH LAKES LAND USE PLANS AND ZONING ORDINANCES, INCLUDING LOCAL RESIDENTIAL DEVELOPMENT STANDARDS. SOUTHLAKE WAS INTENTIONALLY PLANNED AS A LOW DENSITY SUBURBAN COMMUNITY, WITH ZONING THAT REFLECTS THE VISION OF OUR RESIDENTS TO PRESERVE OUR SMALL TOWN CHARACTER.

I SUGGEST THAT WHAT YOU'RE WANTING TO DO IS DIRECTLY IN OPPOSITION OF THAT.

I HOPE THAT AS YOUR PROPOSAL MOVES THROUGH THE THE APPROVAL PROCESS THAT OUR COUNCIL REMEMBERS WHAT HAS BEEN WRITTEN TO THE STATE. THERE WAS ONE STATEMENT ON ONE OF THE SLIDES THAT YOU LIKE TO DISRUPT COMMUNITIES. WELL, I GUARANTEE YOU, YOU WOULD DISRUPT US BY PUTTING THOSE APARTMENTS IN.

WE HAVE BEEN TOLD TIME AND AGAIN THAT ANY APARTMENTS ARE RESTRICTED TO TOWN SQUARE.

I DO NOT WANT APARTMENTS ANY PLACE. IT'S NOT OUR RESPONSIBILITY TO BAIL OUT YOUR INVESTMENTS IF YOU CAN BUILD IT WITHOUT APARTMENTS. THAT'S WONDERFUL. IF YOU CAN'T, IT'S NOT OUR RESPONSIBILITY TO BAIL YOU OUT.

MAY I? ALL RIGHT. AT THIS TIME, I NEED TO ASK THAT ALL TENANTS REFRAIN FROM INTERRUPTING THE PRESENTATION.

CONTINUE. DISRUPTIONS WILL RESULT IN THE MEETING BEING PAUSED.

WE ASK THAT EVERYONE REMAIN RESPECTFUL AND EXERCISE PROPER MEETING DECORUM, AND ALLOW THE MEETING TO MOVE FORWARD IN AN ORDERLY MANNER. PLEASE KEEP IN MIND THAT THIS MEETING IS BEING RECORDED AND STREAMED LIVE, AND MAINTAINING A QUIET ENVIRONMENT HELPS ENSURE CLEAR AUDIO FOR THOSE WATCHING REMOTELY, AND ALLOWS ALL COMMENTS AND QUESTIONS TO BE ACCURATELY CAPTURED IN THE RECORDING. THANK YOU.

BEFORE I'M SORRY. BEFORE THE NEXT SPEAKER, I WANT TO ADDRESS THE LAST GENTLEMAN'S SUGGESTION THAT WE ARE.

WE ARE COMMUNITY DISRUPTERS. I THINK HE MAY HAVE MISREAD THAT SLIDE.

WE ARE INDUSTRY INDUSTRY DISRUPTORS. WE LEAD THE INDUSTRY IN CREATING A NEW ASSET CLASS IN AMERICA CALLED MIXED USE THAT HAS BEEN A DISRUPTIVE FORCE, HAS BEEN WELCOMED BY EVERY COMMUNITY THAT WE'VE ENTERED, AND I'M HOPEFUL THAT WE'LL BE WELCOMED HERE.

MY NAME IS SCOTT EVANS. I'VE LIVED IN SOUTHLAKE FOR 18 YEARS.

I THINK THE SENTIMENT THAT HE WAS SAYING IS WE, WE OPEN THE FLOODGATES IF WE ALLOW MIXED OR THE, THE 328 APARTMENTS. THIS IS A MASTER PLAN, THIS, THIS COMMUNITY.

AND IT IS, IT'S A COMMUNITY. AND THAT'S WHY WE'RE HERE.

WHEN, WHEN, WHEN MY WIFE AND I LOOKED AT MOVING TO SOUTHLAKE, IT WAS A SCHOOLS, BUT IT WAS ALSO THE LOW DENSITY.

WE LOOKED AT NEXT TO US.

COLLIERVILLE. THANK YOU. SORRY. BUT THEY DON'T, THEY DON'T ALLOW GAS STATIONS TO BE BUILT BECAUSE THEY DON'T WANT PEOPLE COMING THROUGH.

RIGHT. THE BIG CHALLENGE WE HAVE IN SOUTHLAKE IS, YOU KNOW, IS 114 COMING THROUGH AND IT'S DENSE.

IF YOU'RE LOOKING FOR CUSTOMERS, I DON'T THINK YOU NEED TO PUT THEM IN THE COMMUNITY.

YOU'VE GOT THEM COMING AND GOING ALL DAY LONG.

SO THAT WOULD BE MY, MY ASSURANCE THAT, THAT YOU'RE GOING TO BE PROFITABLE AND SOMETHING WITHOUT THE THE 328 APARTMENTS WOULD BE A SUCCESS IN THAT LOCATION IN THE CITY. IF THAT'S YOUR INSISTENCE, YOU MIGHT NOT BE THE RIGHT DEVELOPER FOR THAT LOCATION. AND SO THAT MIGHT BE SOMETHING YOU SHOULD CONSIDER.

THANK YOU. THANK YOU. HELLO, MR. TORO. HOW ARE YOU DOING?

[00:35:05]

WILLOW TREE CUSTOM HOMES. WE ARE PROBABLY ONE OF THE TOP LOT.

THE THE LONGEST RESIDENCE FAMILY IN TOWN. MOVED HERE IN 1955.

I DIDN'T I'M NOT THAT OLD, BUT WE DID MOVE HERE A LONG TIME AGO.

SO WE'VE SEEN A LOT OF CHANGES. AND THIS IS THE SAME THING.

IF YOU LOOK BACK FROM 1955, WE'VE BEEN SAYING SINCE THEN.

I STARTED MY BUSINESS 14 YEARS AGO HERE BECAUSE I, I REALLY CHERISH OUR TOWN.

I HAVE 17 GRADUATES FROM CARROLL HIGH SCHOOL.

THIS TOWN MEANS A LOT TO ME. AND I'M DOING THIS TO SET IT UP FOR A QUESTION, BUT I'M GOING TO TELL YOU A LITTLE BIT OF HISTORY HERE.

WE HAD THIS THING PROPOSED IN CAROLINE, NOT CAROLINE PARK, BUT CAROLINE SO MANY YEARS AGO.

IF YOU GUYS LOOK BACK AND WHY YOU BOUGHT HOUSES IN CAROLINE, YOU KNEW THERE WAS COMMERCIAL BEING BUILT AND YOU BOUGHT THERE TO TO HAVE THAT ACCESS TO COMMERCIAL. THEN FAST FORWARD, IT KEPT GETTING IT KEPT GETTING PUSHED BY DEVELOPERS.

THEY KEPT RESELLING IT. AND WE GOT TO A PROPOSAL THAT GOT APPROVED, LIKE ACTUALLY TODAY IS APPROVED TO BUILD EXACTLY WHAT HE'S SHOWING HERE WITH CONDOS, NOT NECESSARILY THE LUXURY APARTMENTS, BUT IT'S THE SAME THING, BUT WAY BETTER FROM AN ENTERTAINMENT VALUE FROM A RESTAURANT VALUE, THINGS THAT ARE MAKING THIS TOWN BETTER. WE ARE A SLEEPY TOWN AT 7 P.M.

EVERY SINGLE NIGHT, AND I'VE LIVED HERE MY ENTIRE LIFE.

I WILL TELL YOU AT 7 P.M., DRIVE DOWNTOWN SQUARE TO SEE HOW BUSY IT IS, WHAT WE ARE GOING TO REALIZE IF WE DON'T WAKE UP AND ENCOURAGE GROWTH IN THIS TOWN, WE ARE GOING TO BE HURTING IN THIS TOWN. I'VE INVESTED MILLIONS OF DOLLARS IN CAROLINE PARK. THAT'S MY DEAL. I UNDERSTAND THAT I'VE INVESTED MILLIONS OF DOLLARS IN CAROLINE PARK BECAUSE OF THE THE EXPECTATION. THE COMMERCIAL IS GOING TO GET BUILT AND THE WALKABILITY.

THERE'S A DEVELOPMENT NEXT DOOR CALLED THAT TRADEMARK IS DOING.

IT'S GOING TO HAVE WHOLE FOODS. THIS IS A WALKABILITY SCENARIO THAT TO ME, WE MIGHT COMPLAIN ABOUT THE DENSITY.

WE UNDERSTAND DENSITY. I'VE SEEN WHAT MY CLIENTS AND WHAT WE GET CALLS FOR ON A DAILY BASIS IS THE SUPPORT THAT THEY WANT TO BUILD A HOUSE WITH ME, BUT THEY GOT TO LIVE SOMEWHERE IN THAT INTERIM OF BUILDING A HOUSE.

OUR HOUSE IS THIS HOUSE WE BUILT A YEAR AND A HALF TO TWO YEARS.

SO THERE YOU GO. THERE YOU HAVE A RESIDENT THAT'S SPENDING, YOU KNOW, 5 TO $10 MILLION BUILDING A HOUSE, BUT WANTS TO HAVE A COMMUNITY FEEL AND GET INTO COMMUNITY QUICKER.

AND THIS ALLOWS THIS OPPORTUNITY TO DO THAT. ON TOP OF THAT, FRIDAY NIGHT MUSIC PERSONALLY, I MEAN, I'M ALL IN FOR THAT. IF YOU GUYS LIKE MUSIC, I DON'T KNOW IF YOU GUYS DO THAT. BUT FOR ME, AT THE END OF THE DAY, MR. TORO, I WOULD SAY THAT I HAD SOME QUESTIONS REGARDING TRAFFIC, AND I'VE DONE A LOT OF TRAFFIC STUDIES ON SOME DEVELOPMENTS I'VE DONE.

COULD YOU EXPLAIN TO ME WHAT THE WHAT THE TENDENCIES ARE FOR THE PEOPLE WHO ACTUALLY LIVE IN THIS COMMUNITY AND WHAT THE IMPACT THEY WOULD DO FOR THE ENTIRE SOUTHLAKE COMMUNITY.

SO THE ADVANTAGE WE HAVE IN BUILDING SEAMLESSLY INTEGRATED MIXED USE.

IS THAT MANY OF OUR RESIDENTS WORK ON THE PROPERTY.

MANY OF OUR RESIDENTS SHOP AND DINE ON THE PROPERTY THERE.

I LIVE AT AVALON, AS I MENTIONED. I MOVE MY CAR MAYBE EVERY TWO WEEKS IN A.

IN A WORLD WHERE MOST AMERICANS CLEARLY SUBURBAN HOUSEHOLDS LIVE WHERE A LIFE WHERE THEY'RE BETWEEN THEM AND THE REST OF THEIR LIFE IS THEIR CAR.

YOU HAVE AN OPPORTUNITY TO LIVE YOUR LIFE WITHOUT GETTING ON.

114. AND THAT THAT'S A GAME CHANGER. I KNOW IT'S HARD TO UNDERSTAND.

I DIDN'T UNDERSTAND IT UNTIL I LIVED IT. AND I CAN TELL YOU THAT THAT CUTS TRAFFIC BY CAPTURING THEIR CALLED IT CALLS THEM INTERNAL CAPTURE BY BRINGING BY PEOPLE HAVING MULTIPLE TRIPS ON ON THE PROPERTY.

SO WE'LL DO AN EXHAUST AS PART OF THE ZONING PROCESS THAT WE'LL GO THROUGH.

WE'LL DO AN EXHAUSTIVE TRAFFIC IMPACT STUDY. THE GOOD NEWS IS WE ARE RIGHT AT 114, RIGHT AT THE NORTH WHITECHAPEL INTERCHANGE.

AND WE CAN PUSH PEOPLE IN AND OUT OF THE PROPERTY VERY EFFICIENTLY, VERY QUICKLY.

THANKS, SIR. APPRECIATE IT. THANK YOU. MY NAME IS RENEE THOMAS.

I HAVE LIVED IN SOUTHLAKE FOR ALMOST 20 YEARS.

I LIVE IN ESTES PARK, WHICH IS DIRECTLY BEHIND THE PROPOSED DEVELOPMENT.

I STRONGLY OPPOSE THIS DEVELOPMENT IN ITS CURRENT FORM.

THE CURRENT ZONING ALLOWS 50 LOFT CONDOS IN THE MIXED USE DEVELOPMENT, WHICH IS REASONABLE.

326 RENTAL APARTMENTS IS RIDICULOUS FOR THIS AREA.

IN MY OPINION, THE INFRASTRUCTURE CANNOT SUPPORT ANY SORT OF DEVELOPMENT LIKE THIS.

IT IS MY UNDERSTANDING THAT THE TORO DEVELOPMENT'S COMMUNITY IN GEORGIA NEEDED A $4 BILLION INFRASTRUCTURE EXPANSION.

THERE IS NO CURRENT PLAN IN PLACE IN SOUTHLAKE, AND WE CANNOT ACCOMMODATE THE INCREASE IN TRAFFIC.

THE ZONING IN SOUTHLAKE HAS BEEN CAREFULLY PLANNED OUT TO ENSURE THAT SOUTHLAKE IS A DESTINATION COMMUNITY.

[00:40:03]

THIS IS NOT SIMPLY ABOUT NO APARTMENTS. IT IS ABOUT MAINTAINING A STANDARD SYNONYMOUS WITH SOUTHLAKE.

SO I SAY TO THE PROPOSED DEVELOPER, PLEASE GO BACK TO THE DRAWING BOARD.

GIVE US THE RETAIL AND THE 50 UNITS THAT ARE CURRENTLY ALLOWED AND WHAT WAS ORIGINALLY PROMISED.

OTHERWISE, PLEASE TAKE YOUR PROPOSAL SOMEWHERE ELSE.

SOUTHLAKE IS SPECIAL AND OUR COMMUNITY WILL FIGHT HARD TO PROTECT EVERYTHING THAT WE HOLD DEAR.

THANK YOU. EXCUSE ME. EXCUSE ME BEFORE YOU LEAVE THE MIC.

YOUR NAME AGAIN? I'M SORRY. RENEE. THOMAS. RENEE.

THANK YOU. I'M STILL REELING FROM THE $4 BILLION INCENTIVE.

THAT WAS THE RESEARCH THAT WAS ONLINE, SIR. YOU PROBABLY NEED TO CHECK YOUR RESEARCH.

OKAY. AVALON WAS BUILT, OPENED IN 2014 THROUGH 2019.

ZERO PUBLIC SUBSIDY. NOT A SINGLE NICKEL OF PUBLIC MONEY WENT INTO THE DEVELOPMENT OF AVALON MEDLEY.

UNDER CONSTRUCTION RIGHT NOW OPENS IN OCTOBER.

ZERO PUBLIC SUBSIDY. THESE COMMUNITIES ARE SELF-SUSTAINING.

SO ARE YOU GOING TO PUT IN THE MONEY TO INCREASE THE INFRASTRUCTURE THAT IS NEEDED WITH THE INCREASED TRAFFIC? WELL, YOU TELL ME WHERE YOUR ASSERTION, HOW YOUR ASSERTION, THE BASIS OF YOUR ASSERTION.

325 UNITS. ARE YOU TELLING ME THAT EACH OF THOSE UNITS ARE NOT GOING TO HAVE A VEHICLE.

THEY WILL VERY LIKELY. SO DOES THAT NOT INCREASE THE AMOUNT OF TRAFFIC? YES. OKAY. I LIVE RIGHT BEHIND THIS COMMUNITY.

I TRAVEL DOVE ROAD, I TRAVEL CARROLL AVENUE, I CARE, I TRAVEL ON WHITECHAPEL.

THESE AREAS ARE ALREADY VERY, VERY CROWDED, EVEN WITH THE CURRENT EXPANSION THAT IS ALREADY TAKING PLACE.

SO FOR YOU TO COME IN AND SAY THAT 325 UNIT APARTMENTS ARE NOT GOING TO INCREASE THE TRAFFIC.

I DIDN'T SAY THAT. YOU ASKED ME ABOUT INCREASED TRAFFIC. I SAID YES, OKAY, SO WE ALREADY ARE MAXED OUT.

SO I DON'T SEE HOW THIS DEVELOPMENT CAN MOVE FORWARD IN THE CURRENT STATE.

THE PLANNING STAFF OF THE CITY OF SOUTHLAKE HAS DONE A SPECTACULAR JOB OF CONTROLLING AND MONITORING PROGRESS AND INFRASTRUCTURE AVAILABILITY.

THE PROJECT THAT WAS JUST APPROVED RIGHT ACROSS THE STREET.

THE SHIVERS FARM PROJECT WITH WHOLE FOODS WENT THROUGH AN EXHAUSTIVE TRAFFIC IMPACT STUDY.

THE CITY APPROVED IT BASED ON THAT STUDY. IF THERE WERE IMPROVEMENTS NECESSARY IN ORDER TO PROVIDE INFRASTRUCTURE TO SUPPORT IT, THEY WOULD HAVE BEEN IMPLEMENTED. AND THEY MAY BE.

FOR ALL I KNOW, I DON'T KNOW. I'M NOT MAKING CLAIMS THAT I HAVE NO FOUNDATION, BUT I CAN TELL YOU IS WE WILL DO A TRAFFIC IMPACT STUDY.

IF THERE ARE IMPROVEMENTS NECESSARY TO PROVIDE THE INFRASTRUCTURE, WE'LL PROVIDE THEM. THAT'S FAIR.

AS FAR AS HAVING A AN IMPACT ON THE ENTIRE COMMUNITY AND AS FAR AS HAVING A PULSE ON THE ENTIRE COMMUNITY, I HOPE YOU REALIZE THAT SOUTHLAKE HAS, UP UNTIL THIS POINT, HAS HAD ZONING IN PLACE CURRENTLY THAT WE WOULD LIKE TO MAINTAIN AND A 326 OR WHATEVER DEVELOPMENT APARTMENT IS NOT IN LINE WITH WHAT THE COMMUNITY'S VISION OF SOUTHLAKE IS GOING TO BE. THANK YOU, THANK YOU.

GOOD EVENING, MR. TORO. MY NAME IS MIKE BIRCH.

I LIVE AT ONE SIX, THREE THREE RIVIERA LANE. AND BY THE GLORIOUS GRACE OF GOD, I'VE BEEN THERE FOR 14 YEARS, SO ENJOYED EVERY MINUTE OF IT. GOT FANTASTIC NEIGHBORS.

AND ERICA AND BOB AND NANCY KATHY. THEY'RE HERE, AND THEY'RE GREAT.

IF I MAY, LET ME ASK A QUESTION THAT'S KIND OF OVERRIDING IN MY MIND, SEEING THAT YOU ARE VERY EMPATHETIC IN YOUR POWERPOINT AND VERY SUCCINCT AND BASICALLY SAYING, GOSH, YOU WISH FOR COMMUNITY, YOUR SURVEYS ARE WANTING WALKING, RESTAURANTS, ETC..

WHAT IS YOUR OVERRIDING OBJECTIVE AS A DEVELOPER? MIKE, FIRST OF ALL, THANK YOU FOR YOUR EMAIL RECENTLY.

IT'S UNFORTUNATE YOU WEREN'T ABLE TO JOIN US AT THE RIVIERA LANE MEETING LAST WEEK.

HOPEFULLY HAD YOU BEEN. MAYBE WE COULD HAVE HAD.

I WAS AT AN INVESTOR MEETING MYSELF. I COULDN'T MAKE IT, SIR. UNDERSTOOD. OF COURSE. BUT THE IT'S VERY SIMPLE.

WE INTEND TO CREATE PLACE AND WE INTEND TO BUILD COMMUNITY, NOT JUST BUILD BUILDINGS.

OKAY. IF YOU AND I WERE SITTING OUTSIDE, I'D SAY, LET'S KEEP IT REAL, BROTHER.

WHAT IS YOUR OVERRIDING OBJECTIVE AND GOAL? DOES IT EQUATE TO FINANCIAL? WE ARE A FOR PROFIT BUSINESS. YES. FOR. RIGHT.

SO SHORT ANSWER IS NO. IF I WAS DEVELOPER, I'D SAY, YEAH, I WANT TO MAKE A LOT OF MONEY.

[00:45:11]

IF THEY'RE HAPPY, THEN IT GOES WELL. SO AM I CLEAR TO SAY IT'S MONEY? WELL YOU'RE CLEAR. WHAT YOU SAID IS IF YOU KEEP PEOPLE HAPPY, IT GOES WELL.

I'M I'M ALL OVER THAT SEMANTICS NOW. SO WITH THAT SAID.

HERE'S WHERE I'M AT. YOU'RE A BUSINESS. YOU'RE HERE TO DRIVE DOLLARS FOR YOUR ENTITY.

CAPITALISM. I'M A BELIEVER IN IT. GOD BLESS YOU.

HOWEVER, YOU'RE ASKING ME THAT I MOVED INTO THIS COMMUNITY 14 YEARS AGO, AND I WAS ACTUALLY ABLE TO HAND FEED COWS.

AND I WAS ABLE TO SEE ACTUALLY DEER AND RABBITS, ETC..

AND I GET THE SERENITY. THE SERENITY, THE CARILLON HAD.

BEST TIME OF MY DAY IS 63645 IN THE MORNING. I'M WALKING MY DOG AROUND THE LAKE.

WHY? IT'S QUIET AND SERENE. THAT'S IRREPLACEABLE.

YOU CAN'T BUY THAT. AND FOR 14 YEARS I'VE ENJOYED THAT WITH THE BUILDING OF THIS.

AND I'M ALL FOR PROGRESS. HOWEVER, THIS WITH, I DON'T KNOW, A YEAR TO THREE YEARS INFRASTRUCTURE BUILDING AND BUILD OUT LITTER, DEBRIS, CONSTRUCTION, LITTER. THEN WHEN IT IS BUILT, OKAY, WE'VE GOT THE OUTSIDERS COMING IN BASICALLY CASING THE JOINT.

AND THAT'S A CYNICAL PERSPECTIVE, BUT IT'S A REAL PERSPECTIVE.

SO YOU'RE ASKING ME TO MAKE YOU MONEY? HEY, MIKE BIRCH, I WANT YOU TO SACRIFICE YOUR LEVEL OF GREAT LIVING.

THAT'S MY CONTENTION. THAT'S WHY I'M OPPOSED.

THANK YOU. BEFORE THE NEXT SPEAKER. REALLY QUICK, IF I COULD.

IF WE COULD JUST ASK ALL ATTENDEES TO HELP MAINTAIN A QUIET ENVIRONMENT.

WE ARE RECORDING THIS MEETING, AND IT'S BEING STREAMED LIVE, AND MAINTAINING THE PROPER DECORUM HELPS ENSURE CLEAR AUDIO FOR THOSE WATCHING REMOTELY, AND ALLOWS ALL OF OUR COMMENTS AND QUESTIONS AND RESPONSES TO BE ACCURATELY CAPTURED IN THE RECORDING.

SO WE REALLY APPRECIATE YOUR YOUR COOPERATION.

THANK YOU. OKAY, MARK, I JUST HAVE AN OPEN LETTER THAT I'D LIKE TO READ IF I CAN PULL IT UP.

I'M SORRY. YOUR NAME? OH, MY NAME IS JOHN THOMAS.

I'VE BEEN A SOUTHLAKE RESIDENT FOR 20 YEARS. SO I'D JUST LIKE TO SAY WE'VE SEEN MANY PROPOSALS TO DEVELOP THIS LAND OVER THIS TIME PERIOD.

SOME OF IT BETTER THAN OTHERS, BUT NOTHING EVER CAME OUT OF ALL THESE PROPOSALS.

I DO HAVE TO SAY THAT YOU'RE AS A DEVELOPER, THAT YOU'RE BOLD.

AND I USUALLY DO ADMIRE BOLDNESS, BUT I'M THINKING MAYBE THIS IS NOT AS MUCH BOLDNESS AS IT IS DISDAIN FOR THE COMMUNITY OF SOUTHLAKE.

I'M SO SORRY. THIS DESIGN MAKES ME THINK OF THE LUKA DONCIC TRADE.

IT MAKES NO SENSE AND WILL LEAVE OUR COMMUNITY A LOT WORSE OFF THAN IT WAS BEFORE.

IT SPEAKS TO A LACK OF UNDERSTANDING OF WHO WE ARE AS A COMMUNITY AND WHERE WE WOULD LIKE TO GO.

SOUTHLAKE IS SPECIAL BECAUSE IT'S A COMBINATION OF FANTASTIC SCHOOLS, GREAT COMMUNITY SPIRIT AND LOW DENSITY HOUSING.

THE PROPOSAL THAT YOU BRING FORTH WOULD DESTROY ONE OF THESE THREE PILLARS, AND MY FEAR THAT IT'S GOING TO AFFECT THE OTHER TWO.

I THINK YOUR PROPOSAL IS A LITTLE BIT MORE THAN ZONING OVERREACH.

IT'S A COMPLETE REVAMPING OF WHAT WAS PROMISED TO BE ON THIS PARCEL OF LAND.

I THINK THIS CAN HAS BEEN KICKED DOWN THE ROAD FOR A GOOD REASON.

TRAFFIC IS ALREADY HORRIBLE. DRIVING DOWN 114, AS MY WIFE HAS TALKED ABOUT, AND THE ACCESS ROADS WOULD BE JUST MISERABLE.

GIVEN 325 APARTMENTS, TWO CARS PER APARTMENT, 750 MORE CARS DRIVING DOWN THAT AREA.

SO IT DOES NOTHING TO HELP WITH OUR SCHOOLS. SINCE YOU'RE ADMITTEDLY TALKING ABOUT A DEMOGRAPHIC THAT WOULD NOT LIKELY NOT HAVE YOUNG CHILDREN IN THE SCHOOLS.

AND YOUR DRAWINGS AND RENDERINGS SHOW THAT YOU HAVEN'T EVEN REALLY TALKED AS MUCH TO THE WHOLE COMMUNITY OF SOUTHLAKE, WHICH I KNOW THAT YOU'RE DOING NOW.

SO AND ASK US WHAT WE WOULD LIKE IN THAT SPACE.

SO LIKE MANY TEXANS, MY PARENTS TAUGHT ME TO BE POLITE AND RESPECTFUL TO THOSE WITH AN OPPOSING VIEWPOINT.

SO I'M SURE MANY IN THIS ROOM WOULD ECHO THE SENTIMENT, BUT PLEASE DON'T TAKE OUR RESPECT AND MANNERS AS A SIGN OF WEAKNESS OR APATHY.

THANK YOU SO MUCH. THANK YOU. HI, MY NAME IS PAUL SIEGEL.

I'M A RESIDENT OF SOUTHLAKE. I MUST SAY, YOUR PRESENTATION WAS VERY IMPRESSIVE.

WHEN? HOWEVER, WHEN I WAS LOOKING AT THE BUILDINGS AND THE PICTURES AND THE SITES FROM 114, IT'S LIKE MY HEART STOPPED. LIKE THERE IS NO WAY THAT COULD BE THE TOWN THAT WE ALL GRAVITATED TO.

IT LOOKS LIKE, YOU KNOW, A HUGE CITY AND THAT'S NOT WHAT WE WANT.

YOU KNOW, YOU MENTIONED, WELL, IT'S A GOOD PLACE FOR PEOPLE TO WALK AND SEE THEIR NEIGHBORS.

WE GOT THAT NOW. YOU KNOW, YOU KNOW, PEOPLE WANT APARTMENTS.

THEY'RE BUILDING A FEW HUNDRED APARTMENTS RIGHT NEXT DOOR IN GRAPEVINE. IF SOMEBODY WANTS THAT, THEY'RE PROPOSING A NICE DEVELOPMENT WITH WHOLE FOODS RIGHT NOW.

SO WE'VE GOT THAT, YOU KNOW, AND WHAT IF YOUR HOUSING PORTION IS NOT SUCCESSFUL? YOU KNOW, WE'VE GOT A VACANT BUILDING FOR THE MOST PART IN SOUTHLAKE TOWN SQUARE.

IT'S MAYBE 14, 15% OCCUPIED. THERE'S PLENTY OF ROOM THERE.

WHAT IF IF THIS FAILS, DOES IT GO BACK TO THE LENDER AND WE END UP WITH A BIG WHITE ELEPHANT?

[00:50:01]

OUR FRIEND GEORGE HAS GOT WAY MORE CRIME THAN SOUTHLAKE.

SO ONE OF THE REASONS WE ALL LIKE THE WAY WE HAVE IT HERE IS IT'S CONTROLLED GROWTH.

PEOPLE MOVED HERE BECAUSE IT WASN'T GOING TO BE PACKED WITH APARTMENTS AND HOUSING.

IT'S A PLANNED GROWTH AND THAT'S THE WAY THE CITY FOUNDERS PLANNED IT.

WE ONLY HAVE ONE CHANCE TO MAINTAIN THIS. AND, YOU KNOW, I APPLAUD YOU FOR YOUR EFFORTS.

BUT IF WE SCREW THIS UP WITH ALL APARTMENTS, WE NEVER GET IT BACK.

THANK YOU. THANK YOU. HI, I'M DANA LASH. I'VE LIVED IN SOUTHLAKE.

NOW GOING ON 14 YEARS. WE'VE RAISED OUR FAMILY HERE, AND I AM ENTIRELY OPPOSED TO THIS PROPOSITION.

RESPECTFULLY, I REALLY DON'T UNDERSTAND. ACTUALLY, I DON'T THINK THAT YOU UNDERSTAND.

SOUTHLAKE JUST COMING HERE AND DOING SOME SURVEYS AND SEEING WHAT OUR TOWN SQUARE IS LIKE.

AND I'VE READ SOME OF THE THINGS THAT HAVE BEEN ONLINE SAYING THAT OUR TOWN IS, YOU KNOW, IT'S NOT HAPPENING. I THINK THAT THAT'S JUST A GROSS UNDERESTIMATION OF WHAT SOUTHLAKE IS AND WHAT SOUTHLAKE HAS TO OFFER.

I LOVE THIS TOWN. THIS TOWN IS LIKE THE SHIRE.

THIS TOWN IS WHERE EVERYONE GOES. THIS IS WHERE THIS IS.

THERE'S NO OTHER TOWN LIKE THIS TOWN IN AMERICA.

AND THIS IS. THIS IS SMALL TOWN AMERICA. YOU TALKED ABOUT HOW PEOPLE ARE MORE AND MORE ISOLATED AND THAT WE ARE MOVING TO THAT.

YOU KNOW WHAT? WE'RE ALSO MOVING TO NOT OWNING YOUR PROPERTY.

AND WHAT YOU'RE INTRODUCING IS ANYWHERE FROM 325 TO 350 UNITS THAT ARE GOING TO BE LEASED.

DO YOU KNOW WHAT HAPPENS WHEN YOU DROP THAT INTO A PRETTY BIG RED DOT? IT SIGNIFICANTLY ALTERS VOTING. AND I HOPE OUR CITY COUNCIL MEMBERS, ESPECIALLY THE CITY COUNCIL MEMBERS WHO HID FROM US WHEN THEY FLEW DOWN ON THE TAXPAYER DIME TO GO AND MEET WITH YOU IN ATLANTA. I SURE HOPE THAT THEY REMEMBER, BECAUSE I KNOW I WILL WHEN CAMPAIGN SEASON COMES.

I DON'T HAVE ANY QUESTION BECAUSE I'M NOT HERE FOR NEGOTIATION.

I'M NOT HERE TO BE PERSUADED. I DON'T WANT TO KNOW ANYTHING ELSE ABOUT THIS PROJECT.

THE 50 UNITS WERE FINE. THE APARTMENTS IT'S DISRESPECTFUL TO ONCE AGAIN FOR ANY DEVELOPER TO BRING THIS TO THIS CITY WHEN WE HAVE SO MANY YEARS, TIME AND TIME AGAIN REJECTED THIS, IT'S DISRESPECTFUL TO THE VOTERS, THE CITIZENS HERE.

IT'S DISRESPECTFUL TO THE HOMEOWNERS WHOSE PROPERTIES ARE GOING TO TAKE A HIT IF THIS HASN'T BEEN DONE, IT'S DISRESPECTFUL TO THE PEOPLE WHO HAVE TO LINE UP AND TAKE THEIR KIDS TO SCHOOL.

I CAN'T EVEN BELIEVE THAT YOU HAVEN'T COMMITTED TO A TRAFFIC STUDY ALREADY.

WHEN WE HAVE PEOPLE COMING UP HERE ASKING QUESTIONS, AND THAT'S A PROBLEM THAT HASN'T EVEN BEEN FIGURED OUT.

SO LONG STORY LONG, I'M OPPOSED TO IT. RESPECTFULLY, THIS IS NOT ALPHARETTA.

THIS IS NOT MCKINNEY. THIS IS NOT GRAPEVINE. THIS IS SOUTHLAKE.

AND I THINK YOU'RE GOING TO FIND A LOT OF RESISTANCE HERE AND PEOPLE WHO ARE VERY MOVED TO ACT ON THAT.

GOD BLESS. THANK YOU. HI, I'M LAURIE SPIEGEL.

I'VE BEEN HERE FIVE YEARS AND OUR JOURNEY STARTED IN 2016 TO LOOK FOR A PLACE WE LOVE. SOUTHLAKE. I DON'T WANT HIGH DENSITY WHERE YOU GET APARTMENT PEOPLE.

OKAY, WHERE WHERE'S THEIR INVESTMENT IN OUR TOWN? WHERE'S THEIR INVESTMENT IN IN THE COMMUNITY HERE? I DON'T WANT IT TO CHANGE. I LIKE IT HERE. I MOVED FROM CALIFORNIA AND THE CHAOS.

I LOVE SOUTHLAKE THE WAY IT IS, AND WE SEARCHED ALL THE DIFFERENT COMMUNITIES AND WE CAME HERE AND WE DON'T PLAN ON LEAVING. AND I THINK A LOT OF PEOPLE FEEL THE SAME WAY.

WE LOVE IT HERE. AND SO I'M HIGHLY OPPOSED TO IT.

THANK YOU. THANK YOU. GOOD EVENING MARK. HOLD ON ONE SECOND.

I JUST WANT TO INTERRUPT ONE MORE TIME. PLEASE REFRAIN FROM CLAPPING AS IT DOES DISRUPT THE AUDIO ONLINE.

WE DO APPRECIATE YOUR PARTICIPATION AND COOPERATION. THANK YOU.

GOOD EVENING. MARK. MY NAME IS NICK SMITH. I'M A LOCAL BUILDER WITH KENSINGTON CUSTOM HOMES IN THE AREA SURROUNDING CELESTE.

SO I WANT TO BE TRANSPARENT. I HAVE INVESTMENT OF MANY MILLIONS OF DOLLARS IN THE COMMUNITY AND I HAVE A VESTED INTEREST IN SEEING THIS DEVELOPMENT SUCCEED.

I'VE SPENT MY ENTIRE CAREER BUILDING FOR THE LAST 25 YEARS IN THE SOUTHLAKE AREA, HELPING FAMILIES CHOOSE WHERE THEY WANT TO LIVE.

AND ONE THING HAS BECOME VERY CLEAR. PEOPLE TODAY ARE LOOKING FOR MORE THAN HOMES.

THEY'RE LOOKING FOR COMMUNITY. THEY'RE LOOKING FOR A PLACE THAT THEY CAN GATHER, WALK, DINE, SHOP LOCALLY, ATTEND EVENTS, AND CONNECT WITH THEIR NEIGHBORS.

THAT'S EXACTLY WHAT, IN MY OPINION, CELESTE IS DESIGNED TO CREATE.

I UNDERSTAND CONCERNS ABOUT APARTMENTS, BUT THESE ARE LUXURY RESIDENTS WITH MANY THOUSANDS OF DOLLARS OF RENTAL INCOME OR EXPENDITURE ON BEHALF OF THE OWNERS OR RENTERS THAT WILL ATTRACT BUSINESS PEOPLE.

[00:55:01]

WHILE THAT HAPPENS, WHILE THEY INVEST FURTHER IN THE SOUTHLAKE COMMUNITY.

EMPTY NESTERS ARE LOOKING FOR A HIGH QUALITY OF LIFE.

PROFESSIONALS, EXECUTIVES. THESE ARE THE PEOPLE THAT CELESTE WILL ATTRACT.

MORE IMPORTANTLY, THAT RESIDENT COMPONENT, AS WE'VE HEARD EARLIER, HELPS SUPPORT THE RESTAURANTS, THE CAFES, THE SHOPS AND THE PUBLIC SPACES THAT THEY THAT WE'VE ALL SEEN THAT THEY SAY THEY WANT.

THE QUESTION BEFORE US IS, ISN'T WHETHER TO APPROVE APARTMENTS IS WHETHER SOUTHLAKE WANTS TO CREATE A DESTINATION THAT PEOPLE WILL ENJOY FOR GENERATIONS, LONG AFTER WE'VE ALL LEFT. I BELIEVE CELESTE IS AN OPPORTUNITY TO BUILD NOT JUST A DEVELOPMENT, BUT A TRUE COMMUNITY GATHERING PLACE. THANK YOU.

THANK YOU. MY NAME IS GINA GRIFFIN AND I'VE BEEN HERE FOR 20 YEARS.

I LIVE ON WEST CONTINENTAL AND CLOSE TO PATTONVILLE.

WE'RE FLOODING. WE CAN'T TAKE ON ANY MORE STORM WATER.

WE CAN'T HAVE ANYTHING ELSE CONNECT TO OUR DRAINAGE.

WE HAVE EASEMENTS THAT ARE CLOSED OFF BY DEAD TREES LAYING IN THEM.

SO UNTIL WE CLEAN UP SOUTHLAKE, WE DON'T HAVE ANYWHERE FOR THE STORMWATER TO GO.

THAT BEING SAID, WHEN WE HAVE ASKED FOR HELP, THEY JUST DON'T HAVE IT.

MOST OF THE PARKS THAT DEVELOPERS BRING IN, I BELIEVE SOUTHLAKE MAINTAINS THEM.

THEY HAVE A MAINTENANCE AGREEMENT WITH THEM, BUT WE ARE FLOODING.

OUR NEIGHBORHOOD IS EXPERIENCING MAJOR EROSION ON CONTINENTAL AND TIMBER LAKE.

WE HAVE TO SHUT DOWN THE ROAD WHEN WE HAVE MASSIVE FLOODING AND WE HAVE PICTURES OF ALL OF IT.

I WATCHED A BUS BACK UP. IT COULDN'T BACK UP FAR ENOUGH BECAUSE THE OTHER CARS WERE BEHIND IT, AND IT'S TOO SHORT TO MAKE ANY KIND OF TURNABOUT, AND THE WHOLE EASEMENT THERE IS COMPLETELY COVERED.

NOW, I DO KNOW THAT T, C, E, Q IS BACK THERE, AND THEY WERE BACK THERE AGAIN ABOUT A WEEK AGO BECAUSE OF THIS HORRIBLE SMELL THAT WE SMELL FROM THE DRAINAGE. SOME OF THE GASKETS AND THE WESTERN PART OF SOUTHLAKE WERE NOT PUT ON THE STORM DRAINS BECAUSE THEY NEVER WENT UNDERWATER.

NOW WE LIVE, THE OLDER HOA'S ARE GETTING INUNDATED WITH WATER AND IT'S NOT HEALTHY WATER.

IT'S LITERALLY GOING DOWN INTO THE SEWER, FLOODING IT AND COMING BACK UP.

ACCORDING TO TCEQ. SO I AM AGAINST ALL DEVELOPMENT WITH ANYTHING SMALLER THAN AT LEAST A HALF AN ACRE, AND WE NEED TO MAKE SURE THAT WE MAINTAIN THE SOUTHLAKE THAT WE MOVE TO.

BECAUSE WHEN I MOVED HERE, I MOVED HERE FOR THE SCHOOLS.

NEVER BUY ON A DOUBLE YELLOW LINE. AND I ALSO WANTED TO MAKE SURE THAT THE ZONING WAS GOOD IN THIS AREA.

WE HAD P AND Z TO HOPEFULLY LISTEN TO ALL OF OUR COMMUNITY AT SPIN MEETINGS TO SAY WHETHER WE'RE APPROVED OR NOT APPROVED.

NOW IT JUST SEEMS LIKE IT JUST GETS PASSED THROUGH AND NOBODY LISTENS TO US AND OUR PROPERTIES ARE DAMAGED.

WE HAVE 64 ACRES BEHIND US AND THE WHOLE THING FLOODS.

SO I DON'T THINK IT'S FAIR TO THE CURRENT CITIZENS TO BE ABLE TO ALLOW CONTINUED DEVELOPMENT WITHOUT FIXING THE THINGS THAT WE HAVE ISSUES WITH AND THAT ARE DAMAGING OUR PROPERTY, INCLUDING TREES FALLING ON STREETS WHEN CARS ARE DRIVING.

IT'S GETTING TO BE TOO MUCH. SO I WOULD ASK YOU TO RECONSIDER AND JUST THINK ABOUT IS THERE A RETENTION POND? CAN YOU DO THE CONDOS? GO BACK AND JUST BRING US SOMETHING THAT WE BELIEVE IS GOING TO HELP SOUTHLAKE PUT A LOT OF MONEY INTO THE MARK.

AND THE MARK HAS A GEM. IT HAS A POOL FOR ALL THE LITTLE ONES INSIDE AND OUT, BECAUSE IT'S VERY HOT IN TEXAS AND THEY HAVE SENIOR ACTIVITIES. AND WE ALSO HAVE SENIOR COMMUNITIES THAT ARE VERY WELL KEPT AND VERY WELL DEVELOPED. SO I JUST ASK YOU TO PLEASE JUST CONSIDER ALL OF US IN WHAT WE'RE, WHAT WE LOVE ABOUT SOUTHLAKE.

WE JUST LIKE A SMALL TOWN AND WE LIKE TO RAISE OUR KIDS IN THAT.

[01:00:01]

AND WE ARE WITH CHRISTIE'S INTERNATIONAL REAL ESTATE RIGHT HERE IN SOUTHLAKE.

AND WE ARE LOCAL REALTORS. AND BEFORE WE START, WE JUST WANT TO SAY THAT WE ARE NOT HERE AS DEVELOPERS.

WE'RE HERE AS THE LOCAL BOOTS ON THE GROUND REAL ESTATE AGENTS.

EVERY DAY WE'RE SITTING WITH BUYERS, WE'RE SHOWING THEM HOUSES.

LINDSEY, CAN YOU SPEAK UP A LITTLE BIT? WE ARE HERE AS LOCAL REAL ESTATE AGENTS.

EVERY DAY WE'RE SITTING DOWN WITH THE LOCAL BUYERS THAT ARE SHOPPING FOR HOMES.

WE'RE SHOWING THEM HOMES, AND WE'RE HELPING FAMILIES HERE MAKE DECISIONS ABOUT WHERE THEY WANT TO LIVE.

AND WE SIMPLY JUST WANTED TO SHARE WHAT WE'RE HEARING IN OUR MARKETPLACE.

AS AGENTS, WE'RE IN A UNIQUE POSITION TO BE BOOTS ON THE GROUND EVERY DAY, AND WE'RE DIRECTLY HEARING FROM BUYERS THAT ARE RELOCATING FROM EVERYWHERE IN THE COUNTRY, AND ALSO SOUTHLAKE RESIDENTS THAT ARE LOOKING FOR THE NEXT CHAPTER OF THEIR LIFE.

WHAT WE SEE VERY CONSISTENTLY IN A BUYER PROFILE IS NOT ONLY PROFESSIONALS, BUT FAMILIES, RETIREES, BUSINESS OWNERS WHO CHOOSE SOUTHLAKE BECAUSE OF THE SCHOOLS, THE COMMUNITY, AND THE QUALITY OF LIFE THAT THEY HAVE HERE.

ONE THING THAT WE REALLY WANTED TO POINT OUT TONIGHT IS THAT THE BOAT, THE BUYER PROFILE, ISN'T NECESSARILY CHANGING SIMPLY BECAUSE THEY HAVE NEW HOUSING OPTIONS.

MANY OF THE PEOPLE THAT ARE INTERESTED IN THIS TYPE OF LUXURY LIFESTYLE ARE ALREADY IN SOUTHLAKE.

IN FACT, MANY OF THEM ARE LOOKING FOR A WAY TO STAY IN SOUTHLAKE AND NOT A WAY TO GET INTO SOUTHLAKE.

AND SINCE THAT'S EXACTLY WHAT WE HEAR EVERY SINGLE DAY, MANY OF OUR CLIENTS WANT LESS MAINTENANCE BUT DON'T WANT TO LEAVE THEIR CHURCH HERE IN THE COMMUNITY, THEIR FRIENDS, THEIR FAMILY, AND THEY WANT TO BE A PART OF THIS COMMUNITY THEY'VE SPENT MANY YEARS BUILDING.

FROM OUR PERSPECTIVE, THIS IS REALLY ABOUT PROVIDING AN OPTION TO STAY IN SOUTHLAKE BECAUSE WE HAVE THE SAME SOUTHLAKE BUYER OVER AND OVER AND OVER. YEAH. JUST TODAY I SPOKE WITH THE TEAM THAT REPRESENTS THE LUXURY RESIDENTS HERE IN SOUTHLAKE TOWN SQUARE, AND WHAT THEY REPORTED TO ME ABOUT THE CALIBER OF THE CLIENTELE THAT THEY'RE SEEING OVER THERE REALLY ALIGNS WITH WHAT TRICIA AND I THINK WE'RE SEEING OVER HERE AS WELL, THAT THERE IS DEFINITELY A DEMAND FOR A LUXURY LOCK AND LEAVE LIFESTYLE WITHIN SOUTHLAKE.

AND WHAT MANY OF OUR CLIENTS ARE EXCITED ABOUT ISN'T JUST ANOTHER HOUSING OPTION, IT'S THE IDEA OF ACTUALLY GATHERING TOGETHER IN PLACES LIKE RESTAURANTS, WALKABILITY, THE EXPERIENCE THAT BRINGS ALL THE PEOPLE TOGETHER.

AND AS AGENTS, ONE OF OUR QUESTIONS WE HEAR MOST OFTEN IS WHAT MAKES SOUTHLAKE SPECIAL? PEOPLE AREN'T LOOKING TO CHANGE SOUTHLAKE. THEY'RE LOOKING FOR MORE WAYS TO ENJOY THE COMMUNITY THAT THEY ALREADY LOVE.

WE SIMPLY WANTED TO SHARE WHAT WE ARE HEARING FROM BUYERS EVERY SINGLE DAY, AND WE THANK YOU FOR YOUR TIME.

THANK YOU LADIES. HI, I'M PHIL KIM. I'M A LONG TIME RESIDENT HERE.

I MOVED TO THE AREA ALMOST 20 YEARS AGO AND MY WIFE AND I, WE FIRST LIVED IN EAST DALLAS, AND AT ONE POINT, SHE GREW UP IN UPSTATE NEW YORK AND REALIZED THAT WE REALLY WANTED TO, TO BE IN A SMALLER TOWN.

SO WE MOVED HERE TO SOUTHLAKE. WE LOVE THE SCHOOLS.

SO EVEN THOUGH WE WERE NEAR LAKEWOOD, WE FELT LIKE THIS WOULD BE A BETTER PLACE.

SOMEONE HAD MENTIONED THE LUKA DONCIC TRADE. AND SO THAT REMINDED ME, YOU KNOW, I'M A NATIVE HOUSTONIAN.

PLEASE HOLD YOUR APPLAUSE. BUT, YOU KNOW, I GREW UP A ROCKETS FAN AND I STILL THOUGHT THAT LUKA TRADE WAS AWFUL.

AND, YOU KNOW, OVER THE COURSE OF THE YEARS THAT I'VE LIVED HERE, I'VE REALLY GROWN TO TO LOVE THIS AREA.

SO MUCH SO THAT MY PARENTS, WHO I WAS BORN IN HOUSTON, THEY LIVED IN HOUSTON FOR OVER 40 YEARS, AND THEY JUST MOVED HERE INTO TOWN SQUARE, RIGHT BY THE BROWNSTONES A COUPLE YEARS AGO BECAUSE THEY COULDN'T BE WITHOUT THE GRANDKIDS.

AND SO WE LOVE SOUTHLAKE. WE LOVE THE SMALL TOWN.

I THINK ONE THING THAT I HAD DONE RESEARCH ON, AND YOU CAN CORRECT ME IF I'M WRONG, IS YOU KNOW, MY UNDERSTANDING AND I WAS BORN BEFORE THIS, BUT IN 96, WHEN TOWN SQUARE WAS BEING DEVELOPED, THERE WAS HUGE OPPOSITION AGAINST TOWN SQUARE BECAUSE IT WAS GOING TO BE HIGH DENSITY.

WE'RE HAVING THIS, IRONICALLY, IN TOWN SQUARE, AND WE REALLY DO ENJOY TOWN SQUARE.

AND I THINK MOST PEOPLE HERE DO AS WELL. AND I THINK THE UNIQUE THING ABOUT SOUTHLAKE IS YOU CAN HAVE A COMBINATION OF A SMALL TOWN FEEL AND HAVE A PLACE LIKE TOWN SQUARE. I THINK WE ARE IN SOME WAYS OUTGROWING TOWN SQUARE.

MY QUESTION TO YOU IS, WHAT HAPPENS TO THAT AREA THAT CELESTE IS DEVELOPING ON.

IF YOU CHOOSE NOT TO DEVELOP. IF. AND MAYBE IT'S NOT BINARY, MAYBE IT'S NOT EITHER 320 APARTMENTS OR NOTHING.

[01:05:02]

THE PROPOSALS THAT HAD BEEN MADE AND THE ONE THAT'S BEEN TALKED ABOUT HERE TONIGHT, THE 2008 APPROVAL WITH 50 UNITS OF RESIDENTIAL AND OTHER IS JUST NOT VIABLE. IT'S NOT FINANCEABLE. IT'S NOT BUILDABLE.

IT'S NOT VIABLE. IF WE WERE TO PULL UP STAKES AND GO HOME AND WE MAKE MAKE A LOT OF PEOPLE IN THIS ROOM HAPPY IF WE DID THAT.

I CAN'T TELL YOU WHAT HAPPENS. I CAN TELL YOU WHAT HAPPENS IF AND WHEN.

AND BY THE WAY, FOR THOSE OF YOU WHO ARE IN AT CARL AND TRACY ELVING'S HOME ON ON RIVIERA LAST A WEEK AGO TONIGHT.

MY FIRST QUESTION WAS, HOW WILL YOUR LIFE CHANGE WHEN WE OPEN? CELESTE AND I ASKED THEM AT THE OUTSET TO THINK ABOUT IT.

AS I WENT THROUGH THE PRESENTATION AND THEY HAD A CONVERSATION.

I LIVE, AS I MENTIONED, I LIVE AT AVALON. I LIVE IN ALMOST THE EXACT SAME SITUATION PHYSICALLY THAT THOSE ON RIVIERA LANE LIVE TO CELESTE, THE PROPERTY VALUES AT WITHIN ONE MILE OF AVALON HAVE INCREASED 191% IN TEN YEARS.

THE PROPERTY VALUES IN THE CITY OF ALPHARETTA HAVE INCREASED INCREASED LESS THAN HALF OF THAT.

THE HALO EFFECT. SO THE FIRST THING THAT HAPPENS THE DAY WE OPEN IS THAT THE CAROLINE RESIDENTS WHO CURRENTLY OWN HOMES, THEIR THEIR HOME VALUES INCREASE. I WAS ABOUT TO SAY EXPONENTIALLY.

THAT'S I GUESS MY QUESTION IS, WOULD THERE BE A CHILLING EFFECT IF YOU GUYS AREN'T ABLE TO DEVELOP THERE, NO QUESTION. YOU KNOW, WE WE HAVE WE WERE RECRUITED HERE.

THERE WERE THERE'S A SMALL HANDFUL OF DEVELOPERS NATIONALLY.

AND I'M FORGIVE ME IF THIS SOUNDS SELF-CONGRATULATORY.

I'VE BEEN TOLD THIS BY INDUSTRY LEADERS, INVESTORS AND OTHERS, SMALL HANDFUL DEVELOPERS NATIONALLY WHO OPERATE AT THIS LEVEL, THAT CAN OPERATE AT THIS QUALITY LEVEL, THAT CAN SEAMLESSLY INTEGRATE USES AND BUILD COMMUNITY AND PLACE.

WE'VE WE'VE BEEN RECRUITED A NUMBER OF OTHERS PAST, ONE OF WHICH VERY NOTABLE DEVELOPERS DONE AN AMAZING PROJECT IN AUSTIN.

AN AUSTIN BASED DEVELOPER SAID, I'M NOT GOING TO SOUTHLAKE AND GET MY ASS KICKED.

I'M HERE IF I GO. IF WE PACK UP OUR TENT, GO HOME.

I CANNOT TELL YOU WHAT WILL HAPPEN. I CAN TELL YOU, HOWEVER, THAT THOSE WHO.

WE'VE HEARD FROM TWO BUILDERS IN SOUTHLAKE IN CAROLINA TODAY, THAT THOSE BUILDERS IN CAROLINA WILL BE IMPACTED, AND THOSE HOMEOWNERS IN CAROLINA WILL BE IMPACTED BECAUSE THE PROMISES THAT HAVE BEEN MADE THAT HAVE NOT BEEN DELIVERED ON FOR 20 YEARS WILL CONTINUE.

BECAUSE I CAN TELL YOU THAT THE CHILLING EFFECT IN THE IN THE REAL ESTATE COMMUNITY IS NATIONAL.

SOUTHLAKE HAS A TREMENDOUS REPUTATION FOR QUALITY OF LIFE, TREMENDOUS REPUTATION FOR DEMOGRAPHICS, TREMENDOUS REPUTATION FOR A PLACE TO INVEST. THE INVESTOR THAT IS CURRENTLY FUNDING MY MY PARTNER AT IN MEDLEY IN JOHNS CREEK.

AGAIN, A REASONABLE FACSIMILE TO WHAT WE WOULD PROPOSE HERE IN IN IN SOUTHLAKE IS A LARGE WEST COAST PENSION FUND WHO ONLY INVESTS IN WHAT THEY CALL GENERATIONAL ASSETS.

THIS IT COULD BE A GENERATIONAL ASSET. IF WE GO, THE INVESTMENT COMMUNITY GOES.

AND THEY. THEY WILL LOSE FAITH IN THE IN THIS OPPORTUNITY AND VIRTUALLY ANYTHING ELSE IN SOUTHLAKE.

THANK YOU. PHIL. MR. TORO. I'M CHRIS NIEDERNHOFER.

I'VE LIVED IN SOUTHLAKE FOR 43 YEARS. SPECIFICALLY ON THE NORTH PART OF CAROL, WHERE IT'S LARGELY RURAL.

BACK WHEN WE MOVED HERE, YOU HAD TO BUILD ON AN ACRE, AND AN ACRE BACK THEN WAS $100,000, WHICH IS PROBABLY NOT NOW. WOW. I DON'T THINK WHAT YOU'RE.

THERE'S NOT, FROM WHAT I HEAR, A QUESTION ABOUT QUALITY.

THE QUESTION SEEMS TO BE CAPACITY. AND THAT IS A CONCERN BECAUSE WHAT I SEE WITH THE CITY IS YOU MENTIONED EARLIER THAT MULTIFAMILY ISN'T NECESSARILY DEFINED BY INCOME LEVEL.

THESE CERTAINLY WOULD BE THESE ARE LUXURY UNITS.

THEY'RE NOT GOING TO BE CHEAP. I DON'T THINK THEY'RE AN OPTION FOR MAYBE SENIORS WHO WANT TO STAY IN PLACE.

TEACHERS, FIRST RESPONDERS, OR EVEN ADULT CHILDREN OF LONGTIME RESIDENTS WHO CAN'T FIND A HOME IN A COMMUNITY THAT THEY GREW UP IN.

I DON'T KNOW IF WE NEED ANOTHER VISION STATEMENT WITH WALKABLE PLAZAS AND CHEF DRIVEN RESTAURANTS.

I DON'T KNOW IF WE NEED THAT. IT'S A QUESTION OF WHAT DO WE WANT? WHAT DO WE HAVE? IT'S A NEWER, BRIGHTER VERSION OF MAYBE TOWN SQUARE IN SOME WAYS, AND IT IS GOING TO BE SOMETHING WITH CAPACITY WITH

[01:10:05]

AND CITIZENS, WE HAVE TO ASK, DO WE HAVE THE CAPACITY? WE HAVE TO THINK ABOUT WHAT IS THE LAND USE VERSUS THE COST HERE.

AND I KNOW YOUR NAME, CELESTE IS THE FRENCH WORD CELESTIAL, HEAVENLY.

WE DON'T WANT THIS TO BE INFERNAL, WHICH IS THE FRENCH WORD FOR HELLISH.

AND IT COULD EASILY BE THAT WE HAVE GOT TO HAVE A BALANCE HERE, AND I THINK YOU CAN DO BETTER WITH A BETTER APPLICATION.

THERE IS USE FOR THE LAND. I JUST DON'T KNOW IF WHAT YOU'VE PRESENTED IS THE BEST USE FROM WHAT I'VE HEARD AND WHAT OTHER PEOPLE ARE SAYING.

AND I AGREE WITH YOU, THE BEST TIME OF THIS CITY IS AT SIX IN THE MORNING WHEN THE BIRDS ARE OUT AND NOBODY'S BOTHERING YOU.

AND SO THAT'S WHAT I WANT. AND I THINK THAT'S WHAT A MAJORITY OF PEOPLE WANT.

FROM WHAT I'VE HEARD. BUT I THANK YOU FOR YOUR TIME AND YOUR WILLINGNESS TO BE HERE AND HEAR US.

THANK YOU. YEAH. HI, MY NAME IS SHERRI BERMAN.

I'M A 30 YEAR RESIDENT OF TIMBERLAKE. I HAVE A QUESTION FOR YOU.

WHAT TWO TOWNS OR COMMUNITIES HAVE LESS THAN 50 APARTMENTS? WHAT IN THIS AREA OR IN TEXAS? ONE. OKAY. TWO SOUTHLAKE, HIGHLAND PARK AND SOUTHLAKE.

WHAT TWO COMMUNITIES HAVE THE HIGHEST PRICE RANGE IN THE DFW AREA.

I CAN TELL YOU THAT HIGHLAND PARK AND SOUTHLAKE.

THERE'S A REASON THAT WE HAVE KEPT OUR HOME VALUES ITS LOW DENSITY.

HIGHLAND PARK'S LOW DENSITY. IT'S RIGHT IN THE MIDDLE OF TOWN. THERE ARE DIFFERENT STORY, BUT THAT'S WHAT WE MOVED HERE FOR.

AND THIS IS WHAT MAKES US SPECIAL. SO THE NEXT QUESTION I HAVE FOR YOU.

ARE YOU IN THE DENTON CREEK TRIBUTARY OR ARE YOU IN THE BIG BEAR CREEK TRIBUTARY? I HAVE NO IDEA. OKAY, SO TODAY I WAS JUST WITH THE WATER GURU OF TEXAS.

WE'RE IN TIMBERLAKE'S. WE HAVE A TRAIL SYSTEM THERE, AND OUR TRAIL SYSTEM HAS BEEN DEVASTATED.

GINA TALKED ABOUT IT EARLIER. WE HAVE 100 YEAR OLD TREES FALLING, 500 YEAR OLD TREES FALLING, 20 INCH TREES FALLING BECAUSE WE ARE FLOODING.

WE ARE HITTING THE FLOODPLAIN. I WOULD SAY FIVE TIMES A YEAR, THE 100 YEAR FLOODPLAIN.

I MEAN, THE WATER IS COMING UP TO THE HOUSE, TO THE FENCES, AND IT'S HIT SOME POOLS.

I BELIEVE YOU'RE IN THE BIG BEAR CREEK TRIBUTARY.

YOUR WATER IS COMING TO US. WE ARE COMPLETELY DOWNSTREAM.

THAT'S GOING TO BE A PROBLEM BECAUSE THE IMPERVIOUS COVERAGE THAT YOU'RE SHOWING HERE IS GOING TO CREATE MORE WATER.

AND UNTIL WE GET THIS PROBLEM SETTLED, I MEAN, THERE'S NO WAY THAT WE SHOULD BE ABLE TO SEE A DEVELOPMENT LIKE THIS UNTIL THE CITY FIGURES IT OUT. THE CITY SAYS THEY'RE NOT RESPONSIBLE.

THEY SAY WE AS HOMEOWNERS RESPONSIBLE, AND A DEVELOPMENT LIKE THIS IS GOING TO CREATE A LOT OF PROBLEMS. AND, YOU KNOW, I'M SORRY THAT YOU'VE SPENT ALL THIS TIME ON DOING THIS, BUT I MEAN, LOOK AT YOUR AUDIENCE.

WE'RE OLD. WE'VE BEEN HERE A WHILE. AND MAYBE WHEN WE DIE AND THE NEW PEOPLE COME IN, THEN THAT MIGHT BE VIABLE.

BUT RIGHT NOW, WE'RE WE'RE STAYING UNTIL WE DIE.

AND WE JUST YOU KNOW. THANK YOU FOR COMING. AND WE WISH YOU LUCK.

THANK YOU. HI, THERE. MY NAME IS TARA EVANS. MY HUSBAND AND I, WE DO PLAN ON LIVING HERE UNTIL WE DIE.

WE HAVE FOUR KIDS. WE MOVED HERE. I WAS 23. WE DIDN'T HAVE ANY CHILDREN THEN.

WE WANTED A FEW THINGS. WE WANTED NO CURBS OVER AN ACRE.

AND JUST A QUIET, PEACEFUL AREA. MY LOT, I, YOU KNOW, IT'S ONE OF THE BEST LOTS IN SOUTHLAKE LOVE IT.

WE ARE ALSO NORTH OF 114 ALONG WHITECHAPEL. A FEW THINGS.

FIRST THING I READ ONE OF YOUR POSTS ON SOCIAL MEDIA.

YOUR TONE WAS SMUG AND ARROGANT. I READ AUSTIN REYNOLDS, THE CITY COUNCILMAN WHO FOUND YOU IN ATLANTA.

HIS SOCIAL MEDIA POST READS LIKE, I'M SO SORRY I LET THE FOX IN THE HEN HOUSE.

OKAY? AND YOU CAN SEE ALL OF US COLLECTIVELY AS HENS.

WE ARE HERE TO, YOU KNOW, WE ARE OPPOSED. I WANT TO BRING UP AN AREA OF FORT WORTH.

MY HUSBAND AND I ARE BOTH FROM FORT WORTH CALLED WOODHAVEN.

WOODHAVEN IS VERY SIMILAR TO SOUTHLAKE. IT'S GOT BEAUTIFUL TOPOGRAPHY.

IT'S GOT A COUNTRY CLUB BEAUTIFUL HOME AT BEAUTIFUL HOMES IN THE 70S AND 80S THEY LET IN APARTMENTS.

MY HUSBAND AND I WERE GOING THROUGH MIDDLE SCHOOL ALMOST GOING THROUGH MIDDLE SCHOOL IN THE LATE 80S, EARLY 90S. WE COULD NOT ATTEND PUBLIC SCHOOL, BOTH HIS FAMILY IN WEST FORT WORTH AND MINE IN EAST FORT WORTH,

[01:15:01]

THE OVERTIME NOT. NOT IN THE FIRST FIVE YEARS.

IN TEN YEARS. IN 20 YEARS, THE AREA CHANGED. THOSE APARTMENTS BECAME DILAPIDATED.

THEY WERE SOLD. THEY WERE RESOLD. THEY HAD TO HAVE A PORTION OF THE FORT WORTH POLICE DEPARTMENT SET UP A CRIME UNIT FROM ALL THE CRIME AND TRANSIENT PEOPLE LIVING THERE. SO WHAT YOU'RE SAYING, YOU'RE SAYING YOU KEEP BRINGING UP THESE GENTRIFIED WORDS, LOCK AND LEAVE LUXURY RESIDENTIAL.

IT DOESN'T MATTER WHAT YOU CALL IT. IF YOU DRESS IT UP, IT'S STILL.

YOU CAN PUT LIPSTICK ON A PIG. IT IS STILL A PIG AND I AM DIAMETRICALLY OPPOSED TO APARTMENTS.

IS IF YOUR PROPOSAL STAYS THE WAY IT IS. IF YOU CANNOT BE PROFITABLE WITHOUT APARTMENTS, I SUGGEST YOU PACK IT UP.

THANK YOU, THANK YOU. HI, MARK. MY NAME IS SANDEEP.

I SPOKE TO YOU EARLIER THIS PAST WEEK. I'M THE HOA BOARD MEMBER FOR ESTES PARK.

IT'S 177 SINGLE FAMILY RESIDENCE. AND JUST TO KEEP IT SHORT, WE COMPLETELY OPPOSE THE USE OF ANY SORT OF HIGH DENSITY APARTMENTS IN OUR COMMUNITY. WE SPEND A LOT OF OUR COMMUNITY FUNDS IN ORDER TO MAINTAIN OUR CATCHMENT AREAS.

OUR OUR PONDS ARE TURNING FROM GREEN TO BROWN, SORT OF THE SAME ISSUE AS THE REFLECTION POND.

SO WE, WE'D WANT TO KIND OF, WE DO ENCOURAGE, COMMERCIAL ACTIVITY.

SO WE THANK YOU FOR COMING IN. WE THANK YOU FOR GIVING SOUTHLAKE AN OPPORTUNITY TO HEAR YOU, BUT I THINK WE SHOULD PROBABLY GO BACK AND SHARPEN OUR PENCILS ON THE PROPOSAL, WHICH DOES NOT INCLUDE ANY SORT OF APARTMENTS.

SOME OF THOSE CAPABILITIES THAT YOU BRING IN THROUGH THIS DEVELOPMENT ARE BENEFICIAL TO THE OLDER COMMUNITY, THE, THE ADULT LIVING LIFESTYLE. IT DOESN'T DO ANYTHING FOR OUR YOUNGER FAMILIES.

WE DESPERATELY NEED MORE YOUNGER CHILDREN TO MOVE INTO OUR COMMUNITY.

AND THOSE APARTMENTS REALLY DOESN'T DO MUCH. SO WE DO RECOGNIZE THE TIME AND EFFORT YOU PUT INTO THIS PROPOSAL, BUT WE DO, WE WANT TO MAKE SURE THAT WE CAN GET SOMETHING THAT WORKS FOR ALL OF US THAT ARE ALREADY HERE, RATHER THAN PEOPLE WHO DON'T WANT TO BUY A HOME AND JUST WANT TO RENT AND WALK TO PLACES IN TEXAS.

WE LOVE TO KIND OF DRIVE AROUND EVERYWHERE, AND WE CAN CONTINUE TO DO THAT.

WE KNOW RESPECTFULLY, RIGHT? I THINK OUR COMMUNITY IS NOT HERE TO SHARE YOU WITH YOUR PROPOSAL AND KIND OF MAKE IT AWKWARD.

BUT WE ALSO WANT TO KIND OF WANT YOU TO UNDERSTAND COMMUNITIES SELF-SELECT WHERE WE LIVE.

AND WE MADE A CHOICE. IF YOU LOOK AT OUR SPIN LOGO, THE LOGO HAS SINGLE FAMILY HOMES AROUND IT.

SO WE WANT TO KIND OF KEEP IT THAT WAY. AND WE APPRECIATE YOU TAKING TIME TO COME IN HERE.

THANK YOU. THANK YOU SANDEEP. SO MY NAME IS JEFF MEDICI.

I'M A 19 YEAR RESIDENT OF SOUTHLAKE. I MOVED HERE WITH FIDELITY FROM BOSTON OF ALL PLACES BACK IN 2007, AND SERVED ON VARIOUS BOARDS AND COMMISSIONS HERE FOR 16 YEARS.

I WAS THE PRESIDENT OF THE ESTES PARK HOA, AND I LOVE, I LOVE SOUTHLAKE SO MUCH THAT I QUIT MY JOB AND NEVER WENT BACK TO BOSTON.

BECAME A REAL ESTATE DEVELOPER. YOU MIGHT KNOW KIMBALL PARK, THAT'S SORT OF MY DEVELOPMENT AND JUST SORT OF LIVED OUT MY LIFELONG DREAM OF ACTUALLY BUILDING THINGS BIGGER THAN LEGOS. I HAVE ONE QUESTION FOR YOU.

IT'S AROUND SOUTHLAKE TOWN SQUARE. WHEN I MOVED HERE, ONE OF THE BIG REASONS WE MOVED HERE WAS BECAUSE OF SOUTHLAKE TOWN SQUARE.

I DRIVE UP TO THE BOARDROOM, GET MY HAIR CUT, GO TO DIFFERENT SHOPS, DIFFERENT RESTAURANTS.

I CAN COUNT ON ONE HAND HOW MANY TIMES IN THE LAST FIVE YEARS I'VE ACTUALLY GONE TO SOUTHLAKE TOWN SQUARE.

SERIOUSLY, I CAN'T GO GET A HAIRCUT AT 1030. EVERY PARKING SPOT IS TAKEN.

I MEAN, IT'S BRUTAL. I DON'T LIKE GOING THERE AT CHRISTMAS.

IT'S A NIGHTMARE. I'VE BEEN TO SOME OTHER DEVELOPMENTS.

AVALON. I'VE BEEN THERE ABOUT 15 TIMES. MY SISTER LIVES IN JOHNS CREEK.

AND THE MINUTE THAT I SHOWED UP AT AVALON, I LOOKED AT IT AND SAID, THIS IS WHAT WE NEED.

I DON'T KNOW HOW MANY OF YOU ALL HAVE BEEN TO AVALON. I'M A REAL ESTATE DEVELOPER, AND I LITERALLY GOT CHILLS WHEN I WENT THERE.

I'D NEVER MET THIS THIS MAN BEFORE. I DID MEET HIM A MONTH OR SO AGO, AND I WAS JUST SUPER EXCITED BECAUSE IF ANYBODY'S EVER BEEN TO MY DEVELOPMENT, I'M PRETTY PARTICULAR. I LIKE THINGS A CERTAIN WAY.

YOU'LL SEE ME CLEANING UP TRASH MOWING THE YARD.

I MEAN, LIKE, IT'S REALLY IMPORTANT TO ME. THIS CITY IS EVERYTHING TO ME.

WE'VE RAISED OUR KIDS HERE. AND, AND I WAS PROMISED IN 2007 WHEN, WHEN MY REAL ESTATE AGENT SAID, YOU GOT TO LOOK AT ESTES PARK BECAUSE THERE'S GOING TO BE THIS AMAZING DEVELOPMENT.

YOU'RE GOING TO BE ABLE TO WALK TO RESTAURANTS. AND MY DAUGHTER'S GETTING MARRIED THIS SUNDAY. SHE WAS FIVE WHEN WE MOVED HERE, AND WE STILL HAVE NOTHING. SO WE HAVE WE HAVE OPTIONS, RIGHT? AS FAR AS I SEE IT, WE CAN JUST LET IT BE GRASS THAT THAT WILL ONLY LAST SO LONG BECAUSE EVENTUALLY IT'S NOT GOING TO BE GRASS.

[01:20:03]

HOW HAS THAT GONE FOR US? HOW MANY DIFFERENT APPLICATIONS HAVE COME HERE? AND THAT 57 ACRES THAT WAS SUPPOSED TO BE FOR ALL WONDERFUL RESTAURANTS AND RETAIL THAT HAS CONTINUED TO GET COMPRESSED AND COMPRESSED.

WHY? BECAUSE EVERY DEVELOPER THAT CAME IN THERE SAID THE SAME THING.

WE CAN'T DO IT WITHOUT SOME RESIDENTIAL. SO NOW WE'RE LEFT WITH THIS, WHAT, 20, 30 ACRE PARCEL? WHAT IS IT GOING TO BE? IT'S ON A PERFECT CORNER IN SOUTHLAKE.

IT'S WHY, WHEN I DEVELOPED KIMBALL PARK, I KNEW BECAUSE KIMBALL PARK WAS WAS A PRESENCE.

IT WAS RIGHT ON KIMBALL IN 114. WE HAD TO GET IT RIGHT.

I BUILT A DRAGON, THE LARGEST IN THE WORLD. DIDN'T GET A DOLLAR FROM THE CITY BECAUSE IT WAS THE RIGHT I WANTED.

I WANTED THE BEST FOR MY CITY. AND THIS GUY IS THE BEST.

HE'S THE ONLY DEVELOPER I'VE EVER GONE TO WHERE I'VE WALKED INTO HIS DEVELOPMENT.

AND I LITERALLY GOT HAIR LIKE MIKE STANDING UP TO.

I WAS LIKE, THIS IS AMAZING. THERE WASN'T A PIECE OF TRASH ANYWHERE.

ALL OF THE THINGS THAT MY FELLOW RESIDENTS HAVE SAID, I AGREE WITH.

IF WE'RE TALKING ABOUT APARTMENTS IN THE LIKE THE WEBSTER'S DICTIONARY DEFINITION OF APARTMENTS.

I DON'T WANT TO SEE THEM ANYWHERE NEAR SOUTHLAKE.

THIS IS THIS IS A DIFFERENT DEFINITION OF WHAT APARTMENT IS.

I WAS LOOKING AT THE NUMBERS. I WAS LIKE, THE RENT IS MORE THAN MY MORTGAGE IN ESTES PARK.

SO IF WE'RE TALKING ABOUT LIKE, I HEAR THE GENTRIFICATION, LIKE, LIKE WHAT HAPPENED TO WOODHAVEN IN FORT WORTH.

THAT'S THE LAST THING I WANT. THIS DEVELOPER IS NEVER GOING TO LET THAT HAPPEN EVER.

AND IF IT'S AND HE'S NOT A BUILT IN FLIP KIND OF GUY BECAUSE I'VE JUST LOOKED AT HIS PORTFOLIO.

SO GIVE HIM A CHANCE. MAYBE 324 IS NOT THE RIGHT NUMBER.

MAYBE IT NEEDS TO BE SOMETHING LESS. I WOULD TELL YOU THAT I WOULD BE OPPOSED IF, IF THE POTENTIAL FOR THIS TO BECOME WHAT SOUTHLAKE TOWN SQUARE IS TO ME SOMEPLACE, I JUST DON'T WANT TO FIGHT PEOPLE RUNNING ACROSS THE ROAD AND CAN'T FIND A PARKING SPACE.

I MEAN, I HAD TO PARK BY, BY BY THE CONTAINER STORE WHEN I GET WHEN I CAME IN HERE, I NEVER USED TO HAVE TO DO THAT 17 OR 19 YEARS AGO.

YOU NEED TO PROMISE TO EVERY AT LEAST TO ME THAT THAT'S NOT GOING, THAT YOU'RE GOING TO HAVE A PLAN THAT IS THAT IS GOING TO MAKE SURE THAT WE CAN ACTUALLY WALK. AND WE'RE NOT WALKING HALF A MILE TO GET TO WHERE WE NEED TO GET TO.

THERE'S A LOT OF DEVELOPMENTS THAT DO PARKING UNDERGROUND, AND YOU JUST POP UP AND YOU'RE RIGHT WHERE YOU NEED TO BE. I DON'T KNOW IF THAT'S THE RIGHT THING TO DO. IT'S TOUGH HERE IN TEXAS, BUT IF IT'S GOING TO END UP BEING SOUTHLAKE TOWN.

AND DON'T GET ME WRONG, SOUTHLAKE TOWN SQUARE IS WHAT MADE SOUTHLAKE. I JUST DON'T HAPPEN TO LIKE, FIGHTING TO GET THROUGH, TO GET TO WHERE I WANT TO GO.

IF THAT'S WHAT YOU'RE PROPOSING, THAT I WOULD BE AGAINST IT. BUT THERE'S NO PERSON IN THIS COUNTRY THAT IS GOING TO PUT THEIR BLOOD, SWEAT AND TEARS. AND BY THE WAY, I HEARD ANOTHER RESIDENT TALK ABOUT LIKE, WHAT IS YOUR MOTIVE? WHAT IS YOUR, YOUR WHAT, WHAT WAS YOUR, WHAT WAS YOUR END GAME? GUESS WHAT? THERE IS NOT A SINGLE DEVELOPER IN THIS COUNTRY THAT ISN'T IN IT FOR THE MONEY.

AND HERE'S THE THING. I DID KIMBALL PARK AND SPENT A TERRIFIC AMOUNT OF MONEY WAY MORE THAN I NEEDED TO BECAUSE I LOVE THIS PLACE.

IT WAS A IT WAS A VERACITY CHECK. IT WAS A QUESTION.

I WANTED A GENUINE ANSWER, AND I DIDN'T GET IT.

WELL, I'LL TELL YOU WHAT IT SAID. IT'S A CAPITALIST MOVE. WELL, I CAN APPRECIATE THAT. I LOVE CAPITALISM.

WELL, BUT BUT BUT YOU ASKED A QUESTION THAT EVERY PERSON IN HERE AND EVERY DEVELOPER KNOWS THE ANSWER TO AND IS SORT OF LIKE A GOTCHA KIND OF THING, LIKE, OH, YOU SHOULD HAVE ANSWERED IT. HEY. WELL, I'M JUST SAYING IT'S, I'M JUST SAYING I THAT THAT THE ANSWER OF IT IS A FOR PROFIT ENTITY.

THAT'S TRUE. IF I CAN INTERRUPT FOR JUST A SECOND.

I'M SORRY. WE CAN'T HAVE. SO THAT'S MY MY THING.

THERE'S A LOT OF THINGS ABOUT IT THAT I LIKE.

AND I'VE SAID MY PIECE, BUT DON'T LET IT BECOME EXACTLY WHAT TIMES SQUARE IS.

THANK YOU. I JUST WANT TO REMIND PEOPLE WE CAN'T PICK UP ANYBODY SPEAKING FROM THE AUDIENCE.

IT DOESN'T SHOW UP ON OUR AUDIO. SO IT'S REALLY IMPORTANT THAT YOU COME TO THE MICROPHONES MICROPHONE IF YOU WANT TO SPEAK. AND JUST A REMINDER AGAIN ABOUT NO APPLAUSE OR CHEERING OR BOOING OR ANY OF THOSE THINGS BECAUSE WE ARE RECORDING THIS MEETING AND WE WANT TO BE RESPECTFUL TO ALL DIFFERENT VIEWPOINTS.

THANK YOU. WELL, WE CLEARLY HAVE THE ESTES PARK CONTINGENT HERE THIS EVENING.

MY NAME IS LESLIE MITCHELL. AND I MOVED TO BEAUTIFUL SOUTHLAKE ABOUT 21 YEARS AGO TO ESTES PARK, THIRD HOUSE BUILT THERE, PRESIDENT OF THE HOMEOWNERS ASSOCIATION.

I WASN'T GOING TO COME TO THIS MEETING. LISA, YOU WERE RIGHT.

SHE TOLD ME THAT THE CARILLON DEVELOPMENT WAS PROPOSING APARTMENTS.

AND I SAID, NO, THEY'RE NOT. AND I WASN'T GOING TO COME.

BUT I DECIDED TO COME BECAUSE I WANTED TO HEAR WITH MY OWN EARS.

AND I MISSED YOUR PRESENTATION. BUT I'VE SEEN QUITE A BIT OF INFORMATION PASSED THROUGH THE CARILLON HOA.

[01:25:01]

I WOULD BE DELIGHTED TO SEE LUXURY CONDOMINIUMS VERY SIMILAR TO WHAT'S HAPPENING IN TOWN SQUARE.

I HAPPEN TO LIKE TOWN SQUARE. I AM VERY CURIOUS AS TO WHAT YOU CAN PUT IN PLACE TO ENSURE THE RESIDENTS OF SOUTHLAKE THAT ANY APARTMENTS THAT YOU COULD POTENTIALLY PUT IN OUR COMMUNITY WILL BE GUARANTEED TO BE LUXURY APARTMENTS FOREVER. AND THAT'S MY QUESTION.

I'D BE DELIGHTED TO DO THAT. THERE ARE A NUMBER OF MECHANISMS THAT WE HAVE TO DO THAT. WE DID IT A LITTLE HISTORY, AND THIS DATES BACK TO 2012 WHEN WE FIRST PROPOSED AVALON WITH 526 UNITS OF LUXURY RESIDENTIAL.

THE CITY. THE CITIZENS OF. OF ALPHARETTA. THE CITY PLANNING AND ZONING TEAM.

THE CITY COUNCIL AND THE MAYOR WERE ALL INITIALLY OPPOSED.

WE PATTERNED. MODELED THE AVALON PROJECT AFTER A COMMUNITY IN IN CALIFORNIA CALLED SANTANA ROW IN SAN JOSE. ANYBODY EVER BEEN THERE? THANKFULLY, THERE WERE THREE CITY COUNCILMEN ON THE EVE OF THE ZONING VOTE, WHICH WOULD HAVE BEEN NO.

HAD THEY NOT TAKEN THE INITIATIVE TO GET ON A PLANE, GO TO SAN JOSE, WALK INTO THE LEASING OFFICE AND SAY, WHO LIVES HERE? BECAUSE WHAT WE'RE TALKING ABOUT HERE IS FEAR.

THIS ROOM HAS A NUMBER OF PEOPLE WHO ARE FEARFUL OF HOW APARTMENTS WILL IMPACT THEIR LIFESTYLE, THEIR HOME VALUES, THEIR SCHOOLS, ALL OF THE THINGS THAT TYPICALLY SUBURBAN COMMUNITIES OPPOSE.

CITY OF ALPHARETTA OPPOSED IT. THREE CITY COUNCILMEN WALKED IN TO THE SANTANA ROAD LEASING OFFICE.

WHO LIVES HERE? DOCTORS, LAWYERS. INDIAN CHIEFS.

THAT APARTMENT RENTS FOR $10,000 A MONTH. THERE'S A THREE YEAR WAITING LIST.

THEY GOT BACK ON THE PLANE. THEY CAME HOME. THEY REPORTED BACK TO THEIR CITY COUNCILMAN.

WE WERE APPROVED SEVEN ZERO. FAST FORWARD 12 YEARS.

THE CITY OF JOHNS CREEK, GEORGIA, AGAIN, SIMILAR DEMOGRAPHICALLY TO SOUTHLAKE, HAS NEVER APPROVED APARTMENTS.

THERE ARE APARTMENTS IN SOUTHLAKE. THERE ARE 55 UNITS A STONE'S THROW FROM WHERE WE'RE STANDING OF RENTAL.

RESIDENTIAL. LUXURY. RENTAL. RESIDENTIAL. CITY OF JOHNS CREEK NEVER APPROVED APARTMENTS.

THE ADVANTAGE THEY HAD IS THEY DIDN'T HAVE TO GET ON A PLANE TO GO TO SAN JOSE. THEY COULD JUST COME TO AVALON, WALK INTO THE LEASING OFFICE, MEET SOME OF THE RESIDENTS, AND THEY SPEND THEIR LIVES AT AVALON, SO THEY'RE FAMILIAR WITH IT. ONE THING THAT WE I SHARED, AND YOU MAY NOT HAVE BEEN PART OF THE ZOOM INFORMATION SESSION THAT WE HAD ON THE. I GUESS IT WAS ON THE 15TH A WEEK, A WEEK, A LITTLE MORE THAN TWO WEEKS AGO, I SHARED A SCREENSHOT OF ZILLOW, AVALON, CAROLINE SIDE BY SIDE. THE SIMILARLY SIZED UNITS AT AVALON TO THE VILLAS AT CAROLINE ARE DOUBLE AND TRIPLE THE VALUE ACROSS THE STREET FROM 526 UNITS.

WHY? BECAUSE THOSE APARTMENT RESIDENTS DON'T IMPACT NEGATIVELY THIS COMMUNITY.

THEY DON'T UNPACK THE CRIMES. THEY DON'T IMPACT THE SCHOOLS.

THEY DON'T IMPACT THE HOME VALUES EXCEPT POSITIVELY, BECAUSE THEY ARE SITUATED ABOVE A RETAIL STREET THAT PROVIDES THE ENERGY AND THE ACTIVITY THAT THE CARILLON RESIDENTS WHO BOUGHT TEN YEARS AGO, 15 YEARS AGO, 20 YEARS AGO, AND YOU AND ESTES PARK RESIDENTS WERE PROMISED.

OKAY. I HATE TO INTERRUPT YOU, BUT TO MY QUESTION, WHAT GUARANTEES CAN YOU GIVE US? I CAN I'LL LEAVE IT TO THE PLANNING AND ZONING TEAM AT SOUTHLAKE TO LAYER ON A NUMBER OF REQUIREMENTS THAT WILL CONNOTE LUXURY IN RESIDENTIAL REAL ESTATE, IN LUXURY RENTAL.

RESIDENTIAL REAL ESTATE. THE THE THE, THE COMMUNITY THAT WE'RE BUILDING AT MEDLEY TODAY.

I WOULD HOLD UP AGAINST ANY LUXURY PRODUCT ANYWHERE IN AMERICA, AND I'D BE GLAD TO BRING THAT TO SOUTHLAKE SAY THESE ARE THE SPECS FOR THE UNITS.

[01:30:06]

THIS IS HOW WE HANDLE EVERY ASPECT OF THE OPERATIONS OF THAT COMMUNITY.

AND I'D BE GLAD TO DO THAT. AND TO THE EXTENT THAT THAT CAN PROVIDE A GUARANTEE AND IT CAN BE INCLUDED AS ZONING CONDITIONS OR DEED RESTRICTIONS OR HOWEVER IT IS IN PERPETUITY, I'D BE GLAD TO DO THAT. THANK YOU. THANK YOU.

GOOD EVENING. MY NAME IS CANDACE CAPERTON MANLEY AND I AM A PROUD SIXTH GENERATION NATIVE TEXAN.

I LOVE MY STATE AND I LOVE MY COMMUNITY. AND I HAVE A LOT OF CONCERNS ABOUT YOUR PROPOSAL.

WE WATCHED YOUR PRESENTATION AND THANK YOU FOR THE TIME YOU SPENT ON THAT.

BUT NOTICEABLY ABSENT WAS ANY MENTION OF WHAT YOU'RE GOING TO DO WITH ALL THE WATER? YOU DIDN'T TALK ABOUT DRAINAGE. YOU DIDN'T TELL US WHERE IT'S GOING.

AND IN FACT, WHEN ASKED, YOU DON'T EVEN KNOW WHAT TRIBUTARY YOU'RE DEVELOPMENT IS GOING TO DRAIN INTO.

BUT I KNOW, I KNOW BECAUSE MY FAMILY LIVES IN WHISPERING DELL ESTATES, WHICH IS EAST OF CARROLL AND JUST EAST OF CARROLLTON. WE ARE EXPERIENCING MAJOR FLOODING PROBLEMS, AND I WILL TELL YOU THAT YOUR DEVELOPMENT IS ONLY GOING TO EXACERBATE OUR ISSUES AND ADVERSELY IMPACT US DOWNSTREAM.

IT'S NOT GOING TO BE GOOD. SO WE HAVE REAL CONCERNS WITH FLOODING.

SECONDLY, I'M JUST GOING TO REITERATE WHAT EVERYONE ELSE HAS SAID, AND THAT IS WE DON'T WANT APARTMENTS IN SOUTHLAKE. WE JUST DON'T WANT THEM. GOD BLESS YOU.

I KNOW YOU'RE TRYING, BUT WE DON'T WANT IT. WE DON'T WANT IT IN CAROLINE.

WE DON'T WANT IT ANYWHERE IN OUR TOWN. PLEASE DON'T PLAY.

NO. OUR SOUTHLAKE. PLEASE DON'T. AND YOU SAID THIS IS A CONVERSATION.

SO I HAVE ONE QUESTION FOR YOU. PLEASE TELL ME WHO INITIATED THE TORO CITY OF SOUTHLAKE RELATIONSHIP? DID YOU REACH OUT TO US OR DID WE AS A CITY, REACH OUT TO YOU? THE CITY OF SOUTHLAKE REACHED OUT TO ME. THANK YOU.

LET ME, LET ME BEFORE I GO TO THE NEXT SPEAKER.

I'M SORRY. BEFORE I GO TO THE NEXT SPEAKER I WANT TO ADDRESS DRAINAGE AND TRAFFIC.

THOSE ARE TWO ASPECTS OF ANY DEVELOPMENT PROJECT THAT ARE STUDIED IN DEPTH.

AD NAUSEAM BEFORE AN APPLICATION IS MADE. WE HAVE MADE ONE APPLICATION TO THE CITY OF SOUTHLAKE, AND THAT IS FOR THIS SPIN MEETING. WE HAVE NOT SUBMITTED FOR A ZONING REQUEST.

WE HAVE NOT SUBMITTED FOR CHARTER COMMITTEE, PNC OR CITY COUNCIL.

THAT WILL ALL COME IF AND WHEN WE PROCEED WITH THIS PROJECT BASED ON THIS FEEDBACK.

THIS IS WE'RE LISTENING, WE'RE LEARNING, AND THIS IS A CONVERSATION.

THAT'S WHY WE'RE HERE. WE'RE NOT HERE TO ADDRESS SPECIFIC ASPECTS OF THE PROJECT UNTIL, UNLESS, AND UNTIL WE'RE READY. WHEN WE ARE, WE CAN TALK ABOUT WHAT TRIBUTARIES AND WHAT DRAINAGE PIPE SIZES AND HOW MUCH DETENTION AND WHAT KIND OF WATER QUALITY AND FACILITIES WE PUT IN. AND WE CAN TALK ABOUT TRAFFIC AND WE CAN TALK ABOUT BUILDING FACADE TREATMENTS AND HEIGHTS, AND WE CAN TALK ABOUT ALL THAT. WE'RE HERE NOW TO PROPOSE A CONCEPT AND TAKE FEEDBACK.

AND THAT'S WHAT WE'RE DOING. SO I'M SORRY. THANK YOU.

HI, MY NAME IS LAURA SCHNEIDER AND I HAVE LIVED HERE FOR 22 YEARS.

IN FACT, I HAVE ABOUT 200 PEOPLE LIKE THE GENTLEMAN WHO SPOKE EARLIER WHO ARE COMING TO TOWN FOR OUR DAUGHTER'S WEDDING.

I WAS PREGNANT WITH HER WHEN WE MOVED HERE, AND WE MOVED HERE FOR THE SCHOOLS.

AND I DO NOT WANT TO BE HERE. I'VE GOT A WHOLE FAMILY AT HOME, BUT THIS IS VERY IMPORTANT TO ME.

YOU KEEP TALKING ABOUT THE FACT THAT THIS PROJECT WILL NOT BRING SCHOOL AGE KIDS.

I THINK YOU SAID 12 OR SOMETHING IN YOUR EXAMPLE WITH YOUR ALVARADO DEVELOPMENT.

THAT IS NOT TRUE. I DON'T THINK WE'RE COMPARING APPLES TO APPLES.

OUR SCHOOL DISTRICT IS ONE WHERE PEOPLE MOVE IN AND FIND ANY LOOPHOLES, GRANDPARENTS, LOOPHOLES, ANYTHING TO GET INTO THIS COMMUNITY. SO I DON'T BELIEVE YOUR ASSERTION THAT PEOPLE WILL NOT MOVE HERE FOR THE KIDS.

AND WHY DO I KNOW ABOUT THIS? AND WHAT IS MY EXPERTISE? I'M NOT A DEVELOPER. I'M. I'M FAR FROM IT. BUT I KNOW THIS BECAUSE MY HOMETOWN OF LAGUNA NIGUEL,

[01:35:07]

THE SCHOOL SYSTEM WAS. IT IS A HIGH NET WORTH COMMUNITY LIKE THIS.

PEOPLE MOVED IN JUST TO GET IN THE SCHOOLS. THEY WERE RENTERS.

THEY DIDN'T HAVE STAKE IN THE COMMUNITY. OUR SCHOOLS FAILED.

OUR ELEMENTARY SCHOOLS ARE NO LONGER. THEY ARE.

CHARTER SCHOOLS BOUGHT OUT THEIR PRIVATE SCHOOLS.

OUR COMMUNITY SCHOOLS ARE GONE BECAUSE THE SCHOOLS FAILED TO GET LONG TERM COMMITMENTS FROM FAMILIES.

THEY WERE FLY BY NIGHT PEOPLE. OUR SCHOOLS FAILED BECAUSE CHILDREN MOVING IN AND OUT.

THEY WERE NOT UP TO SPEED. OF THE KIDS THAT WERE BEING EDUCATED THERE, ALL THE TEACHERS RESOURCES WENT TO THOSE CHILDREN.

OUR CHILDREN, ME, WE GOT LEFT BY THE WAYSIDE BECAUSE OF IT.

OUR SCHOOLS FAILED DUE TO THE LACK OF INVOLVED FAMILIES BECAUSE RENTERS ARE NOT INVOLVED LIKE HOMEOWNERS.

MY KIDS WERE INVOLVED IN SPORTS TEAMS, CHEER TEAMS, AND WHAT MADE OUR SCHOOLS IMPORTANT FOR ACADEMICS.

ATHLETICS ACTIVITIES WERE PARENT INVOLVEMENT AND RENTERS DO NOT DO THAT.

AND YOUR ASSESSMENT THAT KIDS WILL NOT COME IN FOR THIS REASON TO OUR COMMUNITY, I THINK IS INCORRECT.

AND I DO NOT FEAR YOUR APARTMENTS. IN YOUR WORDS, I AM SIMPLY EDUCATED ON THE APARTMENTS OR THE PITFALLS THAT APARTMENTS BRING.

THANK YOU. THANK YOU. HELLO, I'M RYAN JACOBSON.

I JUST WANT TO SAY THANK YOU FOR COMING OUT. THANK YOU FOR SHOWING INTEREST IN OUR TOWN.

LIKE WE TALKED ABOUT ON THE PHONE THIS DEVELOPMENT WOULD BE SUCCESSFUL AND A LOT OF OTHER LOCATIONS, BUT SOUTHLAKE IS UNIQUE AND YOU'VE HEARD THAT OVER AND OVER.

OUR FAMILY MOVED HERE IN 92. WE'VE WATCHED IT CHANGE AND GROW FROM THE HORSE FARMS TO ALL THESE BEAUTIFUL DEVELOPMENTS.

MY, MY BEST FRIEND'S DAD'S LITERALLY BUILT THIS TOWN.

SO I'M A LIFER. I'M GOING TO BE HERE TILL THE DAY I DIE.

OUR CONCERNS ARE ALWAYS WHEN YOU OWN SOMETHING, YOU TAKE PRIDE IN IT, YOU RESPECT IT, YOU TREAT IT BETTER.

RENTERS JUST DON'T DO THAT. I'M A LANDLORD. I KNOW WHAT THAT'S LIKE.

SO TO PROMISE US THAT THESE APARTMENTS WILL STAY AT SUCH A HIGH STANDARD DOWN THE ROAD IS SOMETHING THAT NO DEVELOPER CAN PROMISE.

WE DON'T KNOW WHAT THE FUTURE IS GOING TO BE LIKE TEN YEARS FROM NOW. WE DON'T KNOW WHAT THE ECONOMY IS GOING TO BE LIKE TWO YEARS FROM NOW AND FOR THE NUMBERS TO WORK.

I UNDERSTAND THAT, YOU KNOW, FROM EVERY DEVELOPER I'M IN THE BUSINESS, I GET IT.

BUT NEXT DOOR TRADEMARK CAN FIGURE IT OUT. OTHER DEVELOPMENTS HAVE BEEN ABLE TO FIGURE IT OUT IN TOWN.

AND IF THE NUMBER IS SO HIGH, THEN MAYBE THAT SELLER NEEDS TO UNDERSTAND THE NUMBERS TOO HIGH. AND IF IT'S A PIECE OF DIRT FOR A WHILE, IT'S A PIECE OF DIRT FOR A WHILE. BUT WE HAVE A STANDARD THAT I'M NOT WILLING TO BEND ON, AND I KNOW A LOT OF PEOPLE IN THIS TOWN AREN'T WILLING TO BEND ON.

YOU KNOW, I GRADUATED FROM CARROLL IN 2004, AND I SPENT THE LAST 20 YEARS WORKING MY BUTT OFF TO GET BACK HERE.

AND THAT'S SOMETHING THAT ALL OF THESE FAMILIES TEACH THEIR KIDS IS TO BE DRIVEN TO WORK FOR IT.

AND TO ME, APARTMENTS ARE A SHORTCUT, AND IT TAKES AWAY WHAT MAKES THIS TOWN SO SPECIAL AND UNIQUE.

YOU DON'T HAVE TO BE AS DRIVEN TO GET HERE. AND THAT CHANGES THE CULTURE.

NOW, I DON'T CARE WHAT YOU LOOK LIKE, BUT I CARE ABOUT YOUR INSIDE.

I CARE ABOUT YOUR DRIVE IN LIFE. AND SO AN APARTMENT.

TODAY'S RATES. IT'S NEARLY $10,000 FOR A MORTGAGE.

ARE YOUR APARTMENTS GONNA BE $10,000 A MONTH? WHAT'S THE PRICE RANGE OF YOUR APARTMENTS GOING TO BE? WE HAVEN'T ESTABLISHED THAT YET.

OKAY. HAVE YOU HAD ANY SECTION EIGHT HOUSING IN YOUR PAST DEVELOPMENTS? NEVER. WHY NOT? I KNOW NOTHING ABOUT IT. IT'S NOT WHAT WE DO.

WE CREATE. WE CREATE PLACE AND BUILD COMMUNITY.

AND THAT THAT REQUIRES A CERTAIN LEVEL OF QUALITY AND SEAMLESS INTEGRATION.

OKAY. THAT'S WHAT WE DO. WE'RE NOT IN THE BUSINESS OF BUILDING APARTMENTS. OKAY.

SO THERE'S A CERTAIN LEVEL OF QUALITY THAT YOU CARE ABOUT. CORRECT.

SO I JUST HOPE YOU TAKE BACK FROM THIS MEETING OUR LEVEL OF QUALITY, WHICH IS SINGLE FAMILY HOUSING IN THIS TOWN, WHICH IS WHAT IT'S ALWAYS BEEN, BECAUSE WHICH IS WHAT WE'VE BEEN FIGHTING FOR BEHIND THE SCENES FOR SO LONG, AND PAST COUNCILS THAT HAVE APPROVED ANYTHING WITH DENSITY, THEY'RE SENT PACKING, THEY DON'T LAST LONG.

AND THIS NEW COUNCIL, THEY VOTED NO ON A SNOW CONE STAND BECAUSE IT'S NEXT TO RESIDENTIAL.

SO I DON'T KNOW HOW 326 UNITS ARE GOING TO GET APPROVED NEXT TO RESIDENTIAL.

THAT'S GOING TO BE AN ISSUE. SO I THINK IT IS GOING TO BE A WASTE OF YOUR TIME.

[01:40:05]

I'M A DESIGNER. THE VITRUVIAN MAN IS IMPORTANT TO ME.

DA VINCI. ALL THAT THIS TOWN SQUARE. IT HAS A HEIGHT RATIO.

TWO STORIES. WHAT YOU'RE SHOWING IS THE FIVE OVER ONE FOUR LEVELS OF APARTMENTS, OVER ONE LEVEL OF RETAIL AND OFFICE.

THAT'S WHAT LEGACY WEST IS. THAT'S PLANO. THAT'S NOT SOUTHLAKE THE BROWNSTONES.

WE'VE PUSHED BACK ON THAT, BELIEVE IT OR NOT, BACK IN THE 90S, AND THAT GOT PASSED.

AND EVERY SINGLE TIME THE GOALPOST KEEPS GETTING PUSHED AND THERE'S A LOT OF LAND STILL LEFT TO BE DEVELOPED IN THIS TOWN THAT WE'RE CONCERNED THAT IF WE SET THE PRECEDENT HERE, THERE'S GOING TO BE MORE COMING. SO I REALLY DO RESPECT WHAT YOU DO FOR A LIVING.

I APPRECIATE THAT YOU GIVE A LOT BACK TO THE COMMUNITY.

YOU'RE A GOOD PERSON. I HOPE EVERYONE UNDERSTANDS THAT.

I TRULY BELIEVE THIS IS A GOOD MAN. BUT IT'S JUST NOT WHAT SOUTHLAKE WANTS.

SO THANK YOU FOR YOUR TIME. THANK YOU. HI THERE.

MY NAME IS KRISTY WALTERS AND I'M AN 11 YEAR SOUTHLAKE RESIDENT LIVE IN SHADY OAKS.

AND FIRST, THANK YOU FOR BEING HERE. IT'S NOT EASY TO TAKE US ON AND SO WE APPRECIATE YOUR WILLINGNESS TO BE HERE.

THIS IS MY DAY JOB. I'D HATE TO SEE YOUR NIGHT JOB.

SO I, I MOVED HERE FROM CALIFORNIA FROM IRVINE, CALIFORNIA 11 YEARS AGO BEFORE THE MASS EXODUS, I ALWAYS SAY. AND IF YOU'RE FAMILIAR WITH IRVINE.

THE IRVINE COMPANY IS THE MOST WELL REGARDED AND WELL KNOWN MASTER PLAN PLACE MAKER IN THE COUNTRY, HANDS DOWN. AND I THINK WOULD YOU AGREE WITH ME ON THAT STATEMENT? IT'S LOOK IT UP. IT'S THE IRVINE COMPANY IS PHENOMENAL.

THEY DO THE HIGHEST QUALITY AND I GREW UP IN IRVINE.

I WENT TO THE SCHOOLS. BEST SCHOOLS IN THE COUNTRY.

UNTIL WE LET THE STANDARDS GO. WE LET IN APARTMENTS, WE LET IN AN APARTMENT DEVELOPMENT, WE LET IN ANOTHER APARTMENT DEVELOPMENT. THE TRAFFIC IN IRVINE IS OUT OF CONTROL.

YOU CAN'T GET ANYWHERE. THE CRIME HAS INCREASED ENORMOUSLY.

THE QUALITY OF THE RESTAURANTS, THE RETAIL, THE SCHOOLS, EVERYTHING HAS GONE DOWN BECAUSE THE DEMOGRAPHIC HAS CHANGED. SO THE RETAILERS AND EVERYTHING THAT SUPPORTS THE COMMUNITY, THEY DON'T HAVE A CHOICE BUT TO SERVE THE COMMUNITY THAT THEN EXISTS.

I THINK THAT'S WHAT WE'RE ALL SAYING WE DON'T WANT TO SEE.

FUNNY ENOUGH, MY HUSBAND IS ALSO FROM SAN JOSE, NOT FAR FROM SANTANA ROW.

WE'VE SEEN THE EXACT SAME THING THERE. WE WOULD NEVER GO BACK TO LIVING THERE BECAUSE WE LOVE IT HERE.

AND THERE IS A PLACE FOR THOSE KINDS OF DEVELOPMENTS.

ABSOLUTELY. I THINK WHAT YOU'RE HEARING IS THE PLACE JUST ISN'T HERE.

MY QUESTION RELATES TO TRAFFIC AND POWER, AND I'M CERTAINLY NOT AN ELECTRICITY OR A POWER EXPERT BY ANY MEANS, BUT IT IS CLEARLY A HUGE ISSUE. POWER'S BEEN OUT FIVE TIMES IN THE LAST SIX WEEKS, TWO HOURS PER AT OUR HOUSE.

WE CAN SAY IT'S THE TREES, WE CAN SAY IT'S ALL THAT.

BUT THERE'S ENORMOUS PRESSURE ON OUR GRIDS BECAUSE OF EVERYTHING THAT WE ALL KNOW ABOUT TODAY.

THE NUMBER OF ACCIDENTS ON THE 114 HAS GROWN EXPONENTIALLY, AND UNFORTUNATELY, THEY TEND TO BE FATAL ACCIDENTS.

SO THE TRAFFIC THAT THIS WOULD BRING, AND WE ALL KNOW IT WOULD INCREASE THE TRAFFIC.

THAT'S JUST, YOU KNOW, REALITY, THE TRAFFIC THAT IT WOULD BRING ON THE 114, THE INCREASED DEMANDS ON THE POWER AND WATER, AS PEOPLE HAVE POINTED OUT. HOW DOES THAT GET ADDRESSED? DO WE EXPAND THE. 114 WHAT I MEAN, WE I THINK WE'RE ALL SAYING WE NEED ANSWERS.

AND THOSE ANSWERS WILL BE PROVIDED IF AND WHEN WE PROCEED WITH THIS PROJECT AT THE APPROPRIATE TIME.

THOSE STUDIES, AS I MENTIONED, DRAINAGE, TRAFFIC POWER, OTHER UTILITIES, SEWAGE.

THOSE STUDIES ARE DONE WHEN THE PROJECT IS DESIGNED.

THE PROJECT HAS NOT BEEN DESIGNED. THIS IS A CONCEPT, SO I'M SORRY IF IT HASN'T BEEN DESIGNED.

HOW DO WE KNOW THAT THERE ARE LUXURY APARTMENTS? BECAUSE THAT IS WHAT WE WILL DEVELOP. BUT IT HASN'T BEEN.

WE WILL DESIGN LUXURY APARTMENTS. THE DECISION HAS BEEN MADE IN.

IN MY MIND, IN YOUR MIND, IN MY IN MY MIND, THE DECISION HAS BEEN MADE THAT WE WILL MAINTAIN A CERTAIN LEVEL OF QUALITY AT CELESTE,

[01:45:03]

WE DO NOT. YOU MEAN TO THE PENNY? NO. YEAH. OKAY.

I'M JUST TRYING TO. I'M TRYING TO CONNECT THE DOTS.

FOLLOW THE DOTS, AND I UNDERSTAND. I UNDERSTAND THIS IS A COMPLEX PROCESS.

WE'RE IN THE EARLY STAGES. WE ARE SEEKING FEEDBACK AND INPUT FROM THE COMMUNITY.

WE HAVE CONCEIVED OF THIS PROJECT. RIGHT. THERE IS A CERTAIN LEVEL OF QUALITY THAT IS REQUIRED IN ORDER TO ATTRACT THE INSTITUTIONAL INVESTMENT TO HOLD AND MAINTAIN THE QUALITY OF THIS LONG TERM.

WE THEN DESIGN TO THAT STANDARD. I UNDERSTAND.

SO IS THAT STANDARD? WOULD THAT BE SIMILAR TO THE APARTMENTS IN TOWN SQUARE? I DON'T KNOW. WE DON'T KNOW. NO I DON'T. OKAY.

OKAY. JUST TRYING TO UNDERSTAND AGAIN HOW YOU WHAT YOU'RE PRESENTING.

OKAY. WHAT DO YOU KNOW? THE OCCUPANCY OF THE APARTMENTS IN TOWN SQUARE.

I DON'T. OKAY. I BELIEVE IT'S AROUND. I COULD BE WRONG.

AROUND 20% OR SO. 14%. REALLY? SO EXCUSE ME. TO THE GENTLEMAN WHO SPOKE.

14. HAVE YOU SPOKEN WITH CAIRO TODAY? OKAY. POSSIBLY.

YOU KNOW, MY MY CONCERN AND FRUSTRATION. MAYBE YOU SENSE THIS IS WHEN PEOPLE THROW OUT THINGS LIKE FOUR TIMES AS BIG AS DELTA AND WESTON AND $4 BILLION INVESTED BY THE PUBLIC IN AVALON. PEOPLE THROW OUT THINGS THAT THEY DON'T QUITE KNOW, AND THEN THAT INFECTS THE THE MINDS OF THOSE WHO ARE HERE.

LET'S EVEN SAY LET'S LET'S SAY IT'S 50%. LET'S GIVE IT A LIKE 250 X.

DO YOU KNOW WHEN THEY STARTED LEASING? I DON'T KNOW.

DO YOU. YES. NOVEMBER. IN NOVEMBER. OKAY. SO LET'S SAY IT'S 50%.

I'M JUST CURIOUS WHAT YOU DO WHEN THEY'RE NOT LEAST WHAT DO YOU DO TO THE RENTAL RATE? I ASSUME YOU REDUCE IT, YOU REDUCE IT. I'VE NEVER HAD THAT ISSUE.

OKAY. ALL RIGHT. OKAY. THANK YOU, THANK YOU. MY NAME IS CHRIS LASH.

I'VE LIVED IN SOUTHLAKE SINCE 2013. MUSICIAN AND MUSIC PRODUCER BY TRADE.

MOVED HERE FROM SAINT LOUIS AND IN ORDER TO FURTHER MY CRAFT IN BUSINESS, I BECAME A DEVELOPER IN SAINT LOUIS.

I TOOK A PIECE OF PROPERTY THAT HAD SAT VACANT FOR ALMOST 40 YEARS KIND OF A BOMBED OUT OLD ICE AND FUEL FACILITY.

AND I HAD TO TURN IT INTO A MIXED USE THING TO MAKE IT WORK TO MAKE THE NUMBERS WORK.

SO WE HAD RETAIL, MY STUDIO, AND THEN ON THE BACKSIDE, WE PUT IN LUXURY CONDOS.

THAT WAS WHAT WE SOLD TO THE CITY. THAT'S WHAT WE WANTED TO DO.

BUT AS WE GOT INTO THE PROJECT AND STARTED MAKING IT AND STARTED ADVERTISING THE LUXURY CONDOS, WE HAD TO KICK IT DOWN TO LUXURY APARTMENTS BECAUSE WE WEREN'T GETTING PEOPLE TO BUY IN ON IT AT THE RATE THAT WE NEEDED THEM TO, TO MAKE THAT SUCCESSFUL. SO THE APARTMENT IDEA CAME IN.

IF YOU'RE SENSING A PATTERN, IT'S BECAUSE THIS IS WHAT'S BEEN DONE TO THIS PROJECT SINCE IT'S BEEN APPROVED EONS AGO.

OKAY, I'VE EXPERIENCED THIS. WE HAD THE APARTMENTS, WE BUILT LUXURY APARTMENTS.

THEY WERE VERY NICE. WE HAD DOCTORS AND LAWYERS THAT CAME AND RENTED THEM.

WE HAD ONE DOCTOR WHO CAME AND RENTED AN APARTMENT THAT SHE NEVER EVEN SAW.

SHE NEVER EVEN CAME THERE. IT WAS COMPLETELY AFFRONT FOR HER AND HER ASSOCIATES THAT WERE DOING ILLICIT SALES OF DRUGS OUT OF THAT APARTMENT. SO THERE WERE PEOPLE COMING IN AND OUT OF THE APARTMENTS ALL THE TIME, AND WE'RE LIKE, WHO IS GOING IN THERE? WHERE IS THIS DOCTOR WHO RENTED THIS APARTMENT? YOU KNOW, AND THE CLIENTELE WAS ALL THE LOCAL YOUNGER PEOPLE THAT LIVED IN THE AREA WE'RE COMING IN AND OUT OF THERE.

OKAY. WHEN WE WHEN WE TRIED TO RENT MORE APARTMENTS OUT AND THEY SAW THE KIND OF PEOPLE THAT WERE COMING IN AND OUT OF THERE, KIND OF A ROUGH CREW. SCARY FOLKS. IF YOU LOOK SCARY TO ME, YOU'RE PRETTY SCARY.

I'VE SEEN THIS. I'VE EXPERIENCED IT. I KNOW THAT YOU'RE TALKING ABOUT ANOTHER PROJECT THAT IS FROM A TOWN THAT'S TWICE AS BIG AS OURS THAT MAY BE ABLE TO ABSORB A LITTLE BIT MORE, BUT WE HAVE AN AWESOME TOWN SQUARE RIGHT NOW THAT IS NOT EVEN AT CAPACITY.

[01:50:04]

IS THIS A 2000 $3,000 A MONTH APARTMENT? IS THAT WHAT WE'RE TALKING ABOUT? NO, YOU SAID NOT TO. WHERE ARE WE TALKING? FOUR, SEVEN, 5 TO 7.

OKAY, THAT'S NOWHERE CLOSE TO WHAT PEOPLE ARE PAYING ON THEIR MORTGAGES HERE.

YOU'RE TALKING ABOUT TAKING THE VALUE OF PEOPLE'S PROPERTY AND LOWERING IT.

LOWERING THE SQUARE FOOT VALUES BIG TIME. SO I'M SORRY, WERE YOU ON THAT ZOOM CALL ON MONDAY? I WAS NOT. SO YOU DIDN'T SEE THE ZILLOW COMP COMPARISON IN REAL TIME.

THAT INDICATES THAT THAT COMMUNITY, WHICH YOU SAY IS TWICE THE SIZE OF SOUTHLAKE, HAS HOME VALUES, DOUBLE WHAT CAROLINE IS TODAY BECAUSE OF THAT COMMUNITY.

NO, WHAT I'M SAYING IS OUR HOME VALUES RIGHT NOW ARE SOME OF THE HIGHEST IN THE NATION.

CORRECT ME IF I'M WRONG. WE HAVE WE HAD ANOTHER ESTEEMED DFW COMMUNITY MENTIONED EARLIER.

I KNOW YOU HAVE MORE INFO ON THIS, BUT PRESTON HOLLOW, FOR INSTANCE, THE COMMUNITIES THAT HAVE KEPT THEMSELVES SPECIAL, THAT HAVE TREATED THEMSELVES LIKE A PRECIOUS THING HAVE REMAINED SPECIAL AND PRECIOUS THINGS.

NOW, THIS COMMUNITY, YEARS AGO, BEFORE I EVEN MOVED HERE, HAD APPROVED A PROJECT THAT I WOULD HAVE BEEN AGAINST HAD I BEEN HERE.

I SUGGEST THAT YOU FIND A WAY TO MAKE THAT ONE WORK, BECAUSE WE ARE NOT GOING TO GO FOR THIS.

YOU CAN SAY IT'S LUXURY APARTMENTS, BUT THE MOMENT YOU HAVE UNSAVORY PEOPLE MOVE IN.

OTHER PEOPLE DON'T WANT TO LIVE THERE. AND YOU'RE GOING TO HAVE TO LOWER THE RENT, LIKE YOU SAID EARLIER. THE OTHER PART OF THIS EQUATION THAT IS BOTHERING ME JUST A LITTLE BIT. HAVING GONE THROUGH THIS SONG AND DANCE MYSELF A FEW TIMES THERE'S QUITE A FEW DEVELOPERS THAT LIVE IN SOUTHLAKE, SHOCKINGLY. BUT WE ARE WE'RE NOT PEOPLE WITH FEAR.

WE DON'T FEAR THINGS. WE'RE NOT FEARING THE UNKNOWN.

SAYING THIS IS FEAR IS, IS REALLY A SLAP IN THE FACE TO PEOPLE WHO ACTUALLY UNDERSTAND THESE THINGS, HAVE LIVED THROUGH THEM, HAVE BEEN ON BOTH SIDES OF THEM.

UNDERSTANDING AND EXPERIENCE IS NOT THE SAME THING AS FEAR.

IF IT WAS FEAR, I WOULD ALSO SAY THIS. IF FEAR OF A DAD SWATTING YOU ON THE BUTT BECAUSE YOU RAN OUT IN THE ROAD TO CATCH A BALL, KEPT YOU FROM GETTING HIT BY A CAR.

FEAR IS YOUR FRIEND. IT'S NOT ALWAYS A BAD THING.

THERE ARE SOME THINGS WE SHOULD BE A LITTLE SCARED OF.

AND AGAIN, IF I FIND IT A LITTLE SCARY, EVERYBODY SHOULD THANK YOU.

MY NAME IS JIMENA POIRIER AND I WAS IN THE OVERFLOW BECAUSE TRAFFIC.

OH. WE'RE AN EXCLUSIVE COMMUNITY. MANY, MANY DEVELOPERS HAVE HAVE TRIED TO BRING APARTMENTS AND INCLUDING IN MY NEIGHBORHOOD, WHICH IS ONE ACRE.

I'VE BEEN IN SOUTHLAKE FOR 26 YEARS AND THREE TIMES.

NO, ACTUALLY, PROBABLY FIVE DIFFERENT DEVELOPERS CAME.

THEY TRIED TO BRING IN AND CHANGE THE ZONING.

WE FOUGHT IT AND GUESS WHAT? IT'S BUILT OUT AND WE DIDN'T BUDGE.

AND IT'S ONE ACRE. THAT'S IT. AND WHAT HAS CHANGED? NOTHING. WE STILL HAVE A GREAT, GREAT NEIGHBORHOOD AND WE INTEND TO KEEP IT THAT WAY.

SO I MEAN, IN TERMS OF US. SO YOU SAY 20. THIS CELESTE DEVELOPMENT DEVELOPER.

THIS DEVELOPMENT IS 23 ACRES OR 26 ACRES. 26 YEAH.

IN OUR TOWN, IN MY LITTLE NEIGHBORHOOD, THAT'S 26 HOUSES.

THAT'S SOUTHLAKE. OKAY. I HAVE NO FEAR OF APARTMENTS.

I GREW UP IN NEW YORK CITY. I WENT TO SCHOOL IN UPSTATE NEW YORK AT CORNELL.

ITHACA. SPACIOUS. I CAME TO SOUTHLAKE. WE ALL CHOOSE AT DIFFERENT POINTS OF OUR LIVES WHERE WE WANT TO BE.

YOU KNOW THERE'S PLENTY OF SPACE HERE IN TEXAS.

[01:55:06]

WE'RE NOT FEARFUL OF A FEW ACREAGES JUST STAYING GREEN, REALLY.

AND YOU ALSO SAY THAT WE GRAVITATE TO FRANCE, SPAIN, ITALY BECAUSE OF THE WALKABILITY.

IF YOU WANT TO MAKE THIS FRANCE, SPAIN, ITALY PUT A HUGE PLAZA WITH FOUNTAINS, YOU KNOW, OMIT THE APARTMENTS.

BUT THAT'S ALL WE NEED. BRING EMPLOYERS, BRING BUSINESS.

THAT'S COOL. BUT DON'T CHANGE OUR COMMUNITY FOR YOUR FOR YOUR PROFIT.

JUST DO SOMETHING CLASSY. BUT WE DO. AND ALSO, YOU SAY WE'RE DRIVEN BY FEAR AND YOU QUESTION SOME OF OUR NEIGHBORS NUMBERS. THIS IS A REALLY SMART, EDUCATED POPULATION.

I THINK THAT'S PRETTY INSULTING. AND I REALLY THINK THAT YOU REALLY.

I HAVE NO IDEA WHAT SURVEY YOU TOOK, BUT THERE.

EVERYTHING THAT YOU THINK YOU'RE GOING TO CREATE IS ALREADY HERE.

WE'RE VIBRANT. WE'RE WE'RE. I MEAN, THAT YOU'RE GOING TO BE PLANNING THE EVENTS THAT ARE HAPPENING.

AND SOMEHOW THAT'S GOING TO BRING US ALL TOGETHER WHILE, YEAH, THAT'S NOT THAT'S NOT OKAY.

AND THE DRAINAGE THAT YOU HAVE NO RESPECT FOR DRAINAGE THAT, YOU KNOW, YOU HAVEN'T REALLY LOOKED INTO IT OR THE TRAFFIC.

YEAH. I THINK YOUR COMPANY'S NAME IS TORO, WHICH TRANSLATES TO BULL.

YOU'RE COMING INTO THIS COMMUNITY TRYING TO COME INTO THIS COMMUNITY LIKE A BULL.

AND I DON'T THINK WE NEED TO ASK YOU FOR PRETTY.

PLEASE DON'T BUILD APARTMENTS. WE ALL, AS RESIDENTS, JUST NEED TO SHOW UP BECAUSE THAT'S WHAT WE DID IN OUR COMMUNITY FOR 26 YEARS AND IT HAS STAYED ONE ACRE. WE JUST NEED TO VOICE IT. THANK YOU, THANK YOU.

HI THERE. ALEX. I'VE BEEN HERE SINCE 2007. MOVED UP FROM HOUSTON.

WE LIVED DOWNTOWN AND WATCHED WHAT HAPPENS WHEN YOU HAVE NO ZONING.

WHEN WE CAME HERE, THE NUMBER ONE THING THAT WE LOVED ABOUT SOUTHLAKE WAS THAT IT WAS LANDLOCKED AND IT COULD ONLY GROW SO MUCH.

AND I THINK BACK THEN WE WERE AT 25, 26,000 PEOPLE AND THE EXPECTED GROWTH WAS TO 32,000.

THE ACREAGE STATEMENT, THE NORTH SIDE OF SOUTH LAKE HAS ALWAYS BEEN ACRES.

THE SOUTH SIDE HAS ALWAYS BEEN HALF AN ACRE. THE GENERAL RULE WAS ALWAYS ONE HOUSE, ONE RESIDENCE PER ACRE.

I WAS HERE AND FOUGHT THE CARILLON PROJECT WHEN THEY CAME IN AND TOLD US THAT THEY WERE GOING TO GIVE SOUTHLAKE A SENSE OF IDENTITY.

THAT'S SOMETHING THAT IS REPEATED OVER AND OVER AND OVER WHEN AN OUTSIDER WHO DOESN'T LIVE HERE COMES IN THINKING THAT WE NEED A SENSE OF IDENTITY.

WE DON'T. WE'RE A HIDDEN SECRET. PEOPLE ON THE OUTSIDE SEE US LIKE HIGHLAND PARK OR ELSEWHERE.

WHEN YOU'RE IN SOUTHLAKE, WE SEE US AS SOUTHLAKE PEOPLE.

WE'VE BEEN HERE FOR A LONG TIME. WHAT MAKES THIS PLACE GREAT IS THE FACT THAT WE'VE KEPT LOW DENSITY.

I WON'T SAY APARTMENTS, LOW DENSITY OUT OF HERE.

EVERY TIME WE GET A DEVELOPER ON OUR COUNCIL, THEY START WHITTLING AWAY AT IT.

AND EVERY TIME. SO IF YOURS GETS APPROVED, THE NEXT ONE IS GOING TO GO EVEN SMALLER.

AND WE'RE GOING TO HAVE 600 PEOPLE LIVING ON AN ACRE AND THEN 800 PEOPLE AND THEN A TOWER.

TO YOUR POINT ON THOSE RENTS, I HAD AN OFFICE IN MCKINNEY IN UPTOWN THAT LITERALLY IN MY OFFICE LOOKED AT THE APARTMENT COMPLEX.

THERE WERE 6000 A MONTH. AND I'M TELLING YOU WHAT YOU SAW WALKING IN AND OUT OF THERE.

I DON'T WANT IT HERE. AND I DON'T THINK THEY'D WANT TO BE HERE.

THEY WANT TO BE IN A DOWNTOWN, VIBRANT AREA. THAT'S WHY 14% OF THAT PROPERTY IS RIGHT NOW.

THE ONLY THING THAT'S BEEN TAKEN ON THE APARTMENTS THAT WE DID APPROVE, WHICH WE SHOULDN'T HAVE. ALL YOU'RE GOING TO DO IS BUILD EMPTY SPACE, I THINK. AND I GUESS THE LAST THING I'LL SAY IS YOU CAN'T DO THIS WITHOUT AN APPROVAL FOR A VARIANCE.

CORRECT. IT WOULD BE A REZONING. YES. BUT YOU'D HAVE TO GET A YEAH.

YOU'D HAVE TO REZONE WITHOUT THAT APPROVAL. SO OUR CALL TO ACTION IS TO FIGHT AND MAKE SURE THAT OUR COUNCIL KNOWS WHAT OUR BELIEFS ARE.

AND I DON'T UNDERSTAND WHY YOU CAN'T COME IN HERE AND JUST FIT IN THE ZONE.

THAT'S WHAT MAKES THIS STATE, THIS THIS WHOLE AREA GREAT IS ZONING.

AND WHEN EVERY DEVELOPER COMES IN HERE SAYING, YEAH, BUT I HOPE YOU DON'T DO THAT LIVE WITHIN THE ZONING, THE ZONING WE PLANTED OUT TEN YEARS AT A TIME FOR TEN YEARS.

WE HAD A PLAN OF WHAT THE DEVELOPMENT SHOULD BE.

WHY DOES IT HAVE TO CHANGE? SO THANK YOU FOR YOUR TIME.

I APPRECIATE YOU ANSWERING THE QUESTIONS. THANK YOU.

THANK YOU. HI. GOOD AFTERNOON. THANK YOU FOR YOUR TIME.

[02:00:03]

I CAME HERE TONIGHT. MY NAME IS BEATRICE QUARE.

I'VE BEEN LIVING IN SOUTHLAKE FOR 16 YEARS. MY YOUNGEST IS CAMILLA.

SHE'S 11, AND I BROUGHT HER HERE JUST TO SHOW HER TO SPEAK UP.

IF YOU FEEL SOMETHING THAT YOU DON'T WANT IN YOUR COMMUNITY.

I'M HERE ON BEHALF OF MY HUSBAND. HE PROBABLY WOULD HAVE TALKED YOUR EAR OFF, BUT I'M NOT GOING TO DO ALL THAT.

HE I GREW UP JUST A LITTLE BACKSTORY ABOUT ME.

I GREW UP OUT IN EAST TEXAS, 20 ACRES. I MET MY HUSBAND.

HE LIVED IN THE CITY, DALLAS. WE GOT MARRIED.

WE'VE BEEN MARRIED 21 YEARS TOGETHER, 30. THE FIRST THING HE TOLD ME WAS, I DON'T WANT TO LIVE IN THE CITY.

AND I SAID, OKAY, LET'S MOVE OUT TO EAST TEXAS.

HE SAID, NO, HE GOT HIS FIRST JOB HERE IN SOUTHLAKE BEFORE SOUTHLAKE BOULEVARD WAS 1709, TWO ROADS SOUTHLAKE TOWN SQUARE DIDN'T EXIST, HE TOLD ME, I LOVE SOUTHLAKE BAY. WE HAVE TO MOVE IN.

WE WERE IN OUR. WHEN WE MOVED HERE. WE WERE YOUNG.

WE WERE IN OUR 20S. IT'S LIKE WE CAN'T AFFORD HERE.

THERE'S NO WAY. ANYWAY, WE FOUND A HOUSE. WE MOVED IN AND MY HUSBAND SAID, I'M SO IN LOVE WITH THIS CITY.

MY HUSBAND WAS A CITY BOY. HE GREW UP IN APARTMENTS.

HE NEVER HAD A HOME. SO SOUTHLAKE IS VERY SPECIAL TO HIM.

I'M GONNA CRY. NO I'M NOT. HE SAID, IT'S JUST GREAT.

THE COMMUNITY IS GREAT. HE'S HISPANIC. HE FELT LOVED.

HE LOVED THAT THEY DIDN'T HAVE APARTMENTS. THE WHITE ELEPHANT IN THE ROOM.

RIGHT. HE GREW UP IN APARTMENTS. I GOT TO SEE THE TRANSITION, THE TRANSITION OF APARTMENTS.

THE COMMUNITY IS BEAUTIFUL. I MEAN, I SAW IT, IT'S GREAT.

I JUST DON'T THINK THAT THAT'S WHAT SOUTHLAKE IS.

FRISCO. PLANO SOUTHLAKE IS VERY UNIQUE. MY HUSBAND DIDN'T HAVE THE OPPORTUNITY TO GO TO REALLY GOOD SCHOOLS.

SO WHEN WE HAD OUR KIDS, HE WAS LIKE, I'M NOT LIVING IN DALLAS.

WE'RE LIVING HERE AND WE'RE LIVING HERE. WE'RE STAYING HERE, AND WE WANT TO KEEP SOUTHLAKE.

YOU KNOW, THE WAY IT IS. WE'RE DRAGONS. WE'RE GONNA PROBABLY DIE HERE.

SOMEBODY SAID WE'RE OLD. I DON'T THINK I'M OLD, BUT I GUESS I AM BECAUSE I'M HERE.

AND I JUST WANTED TO SHOW MY DAUGHTER, LIKE, PART OF THE COMMUNITY, WHAT A BEAUTIFUL COMMUNITY YOU CAN LIVE IN.

IT'S GREAT. I MEAN, IT'S BEAUTIFUL, BUT I WOULD LOVE YOU KNOW, I STILL HAVE A FIVE YEAR OLD AT HOME.

I WOULD LOVE THE LIBRARY TO BE MOVED OVER THERE.

I LOVE OPEN SPACES. IT'S JUST WE HAVE A LOT OF ALREADY RETAIL HERE.

WE HAVE A LOT OF STUFF. LIKE I STILL HAVE YOUNG KIDS STILL TRYING TO WORK ON HAVING ONE MORE.

YES, AT MY AGE, BUT I JUST THANK YOU FOR THIS EVENING AND THANKS FOR EVERYBODY FOR SHOWING UP AND THANKS FOR MY DAUGHTER.

I KNOW SHE DIDN'T REALLY WANT TO BE HERE, BUT SHE'S SUPPORTING ME AND MY HUSBAND AND IT'S JUST A BEAUTIFUL CITY.

IT'S JUST BEAUTIFUL HERE. AND AGAIN, EVEN IF YOU SAY IT'S LUXURY, IF WE ALLOW SOMEBODY TO COME IN AND PUT AN APARTMENT, IT ALLOWS SO MUCH MORE. JUST LIKE HIGHLAND PARK STAYS IN IT.

WE HAVE TO STAY KNIT AND IT'S YOU'RE NOT A BAD PERSON.

I LOOKED AT YOUR PORTFOLIO. YOU'RE AMAZING GUY. BUT I THINK FOR SOUTHLAKE, IT'S SOMETHING THAT WE'RE NOT WANTING TO DO THAT YET HERE.

IT'S VERY UNIQUE AND SPECIAL. AND I THINK THAT'S WHY WE WE LIVE ALL HERE.

THANK YOU. HI, I'M NATASHA SMITH, I'M A CARILLON RESIDENT AND I.

MY CURRENT ADDRESS IS 1605 RIVIERA LANE. I AM DIRECTLY IN FRONT OF THIS PROPOSED DEVELOPMENT, LITERALLY ACROSS THE STREET, AND I'M ALSO A 20 YEAR RESIDENT OF SOUTHLAKE RAISED OUR TWO CHILDREN HERE AND FIVE YEARS IN CARILLON.

AND IN FACT, THE LAST TIME I STOOD UP AT THIS MIC WAS ABOUT 15 YEARS AGO TO PROPOSE A CUSTOM HOME THAT I DESIGNED AND BUILT ON WHITECHAPEL.

SO THIS HAS BEEN A MOVE FOR US FIVE YEARS AGO TO THE CARILLON AREA.

SO I BLEED GREEN TOO. OKAY, I UNDERSTAND I'M A DRAGON.

I'M WITH ALL OF YOU. I UNDERSTAND WHAT IT FEELS LIKE TO TO EAT AND BREATHE THIS TOWN.

AND I WANT TO SAY THAT WE ARE IN FULL SUPPORT OF THIS PROJECT, CELESTE.

AND I'M GOING TO SPEAK A LITTLE BIT TO MY. WHY? BECAUSE I HAVE BEEN AT EVERY SINGLE MEETING THAT WE'VE CALLED, EVERY ZOOM CALL, EVERYTHING THAT TORO DEVELOPMENT HAS OFFERED.

I'VE BEEN THERE, I'VE ASKED MY QUESTIONS. I'VE HAD ALL MY QUESTIONS ANSWERED.

I VOICED MY CONCERNS. SO I'M NOT UP HERE REALLY JUST TO VOICE MY CONCERNS, BECAUSE YOU'VE BEEN VERY GRACIOUS WITH ALL OF YOUR ANSWERS AND ALSO BEEN REALLY

[02:05:05]

BUT, YOU KNOW, LET'S TALK APARTMENTS BECAUSE THAT'S WHY EVERYBODY'S HERE, RIGHT? TO TALK ABOUT APARTMENTS. SO I GENERALLY I'M VERY PRO VERY PROTECTIVE OF CELTIC'S LOW DENSITY CULTURE.

AND TORO HAS SHARED THEIR PLANS AND THEIR SUPPORTING RESEARCH TO ACCOMPANY THE SUCCESS OF SUCH A DEVELOPMENT.

AND I AGREE THAT THIS PROJECT IS TRULY UNIQUE.

IT'S NOT JUST UNIQUE BECAUSE OF THE COMPOSITION OF OFFERINGS OR THE ABILITY TO PLACE MAKE IN AN URBAN DEVELOPMENT OR GENERATE ECONOMIC BOOST.

AND LET ME JUST SAY THIS LIKE, I DON'T WORK FOR FREE EITHER, RIGHT? WE ALL GO TO WORK AND WE WORK TO MAKE MONEY. SO TO PUT ANYONE ON A SPOT ABOUT WHY YOU'RE DOING SOMETHING FOR ME IS JUST, YOU KNOW, WE UNDERSTAND WHY WE WORK. SO THIS IS NOT JUST ABOUT GENERATING ECONOMIC BOOST, RIGHT? BUT BY DESIGN, THIS COMMUNITY IS ACTUALLY MEANT TO TO BE A CONTINUED OVERALL COMMITMENT TO, TO MANAGEMENT AND MAINTENANCE. AND I THINK THAT'S WHAT SETS IT APART, RIGHT? THIS ONE COMPANY MANAGING AND MAINTAINING THAT COMMITMENT IS WHAT MAKES IT GUARANTEED THAT WE'RE NOT GOING TO, AS I'VE HEARD, HAVE I'VE HEARD THIS ON CALLS RIFF RAFF LESSER THAN WHICH IS BLOW MIND TO, TO CONCEIVE.

BUT AGAIN, WHEN SOME ONE, ONE COMPANY IS MANAGING THIS, THAT'S WHAT IT AVOIDS.

CAROLINE RESIDENTS HAVE FACED A DECADE OF STOPS AND STARTS AND EMPTY LAND.

AND PROVING THAT THE HIGH END AND EXPERIENTIAL RETAIL AND CHEF DRIVEN CONCEPTS REQUIRE A BUILT IN, AFFLUENT DAYTIME CUSTOMER BASE TO SURVIVE. SO THESE ARE NOT STANDARD HIGH DENSITY APARTMENT BLOCKS.

THEY ARE HIGHLY RESTRICTIVE, LOW IMPACT LUXURY RESIDENCES ENGINEERED TO SUBSIDIZE THE FIVE STAR RETAIL ENVIRONMENT THAT, WHEN SURVEYED, WE AS A SOUTHLAKE COMMUNITY HAVE EXPRESSED WANTING NOT JUST KARELLEN WANTED, BUT SOUTHLAKE ACTUALLY EXPRESSED THAT THIS IS WHAT THEY WANT IN THEIR SURVEYS.

AND THAT'S A FACT. AND IN THE LAST TEN YEARS, SOUTHLAKE POPULATION HAS INCREASED 12% VERSUS A NATIONAL AVERAGE OF 2%.

AND WE ARE ALL WE'RE ALL DRAGONS AND WE ALL SHARE TOWN SQUARE WITH NEIGHBORING VISITORS.

WE ARE GROWING. AND WHAT AN INCREDIBLE PROPOSITION OR PROPOSED OPPORTUNITY TO SUPPORT OUR GROWTH IN THIS DEVELOPMENT.

TWO THINGS CAN BE TRUE. WE CAN, AS A CITY, BE CONCERNED ABOUT HIGH DENSITY AND STILL SEE THE ENORMOUS BENEFIT THAT THIS PROJECT CAN PROPOSE.

WE ARE. YES, PEOPLE ARE EXPERIENCING FLOODING.

YES, WE HAVE CONCERNS AND SOMETHING'S GOING TO HAPPEN WITH THAT LAND EVENTUALLY ANYWAY, SO WE CAN TAKE CONTROL AND HAVE A DISCOURSE AROUND WHAT WE CHOOSE TO PUT IN THAT LAND AND HOW THAT IS DONE WITH THE RIGHT PARTNERS WITHOUT THAT INTEGRATED RESIDENTIAL COMPONENT, THE DESTINATIONS BECOME RELIANT ON WEEKEND AND OCCASIONAL TRAFFIC.

AND RIGHT NOW, I CAN ASSURE YOU, THOUSANDS OF DAYTIME CORPORATE EMPLOYEES ARE ALREADY PASSING THE 114 AND LEAVING SOUTHLAKE TO DINE AND ENTERTAIN DOLLARS ELSEWHERE.

BECAUSE WE LACK DEDICATED UPSCALE VILLAGE. A VILLAGE OF THIS KIND SUPPORTING THIS MIXED USE FOOTPRINT CAPTURES THE MASSIVE TAX BASE ALSO FUNDS OUR PUBLIC PARKS AND SCHOOLS WITHOUT PLACING THE TAX BURDEN ON INDIVIDUAL SOUTHLAKE HOMEOWNERS.

SO YEAH, WE MAY NEED STUDENTS IF THEY DON'T MOVE INTO THE APARTMENTS.

YOU KNOW, WE ARE THERE'S STILL TAXING AND I'M STILL PAYING TAXES.

WHEN I HAVE ADULT CHILDREN, I'M STILL CHOOSING TO LIVE HERE AND PAY MY TAXES FOR EVERYONE ELSE'S KIDS TO ENJOY THE SCHOOLS.

YOUR TRADITIONAL ROLE AS A ZONING AND PLANNING COMMITTEE, SPEAKING TO THEM IS TO PROTECT OUR IMMEDIATE NEIGHBORS FROM UNWANTED DEVELOPMENTS.

I GET THAT, AND AS AN IMMEDIATE NEIGHBOR, I AM TELLING YOU THAT WE ACTIVELY SUPPORT THIS MASTER PLAN.

THE PROS OF A WALKING, WALKABLE, VIBRANT LIFESTYLE DISTRICT WITH THIS LEVEL OF MANAGEMENT FAR OUTWEIGH ANY DENSITY CONCERNS FOR US.

WE WANT THIS PROJECT COMPLETED. WE WANT TO TRUST TORO TO EXECUTE IT IF GIVEN THE FLEXIBILITY TO DO SO, AND I WILL URGE ANY COUNCIL, SHOULD THIS MOVE FORWARD, TO VOTE YES, BECAUSE THAT POWER TO IMPLEMENT AN AGREEMENT, THEY CAN NOW HAVE POWER TO IMPLEMENT AN AGGRESSIVE DESIGN OVERSIGHT.

THEY CAN ENFORCE HIGH MINIMUM SQUARE FOOTAGE REQUIREMENTS AND MANDATE THE COMMERCIAL COMPONENTS THAT ARE BUILT ALONGSIDE THE RESIDENTIAL PHASE.

TO AVOID ANY REPEAT TRAUMA. WE CAN HAVE SOME CONTROL AS WE MOVE FORWARD.

SO I'M JUST ASKING THAT WE GIVE THEM THE TOOLS TO HOLD AND THEN HOLD THEM ACCOUNTABLE TO OUR SOUTHLAKE STANDARDS.

AND YOU KNOW, JUST WANT TO SAY THAT THIS IS ON THE HEELS OF IT ALREADY PREVIOUSLY APPROVED DEVELOPMENT THAT IS, YOU KNOW, APPROVED RESIDENCES THAT WE HAVE HERE IN SOUTHLAKE.

AND I DO NOT FEEL I DO NOT AGREE AND DO NOT FEEL THAT THIS IS THE BEGINNING OF SOME MASSIVE DOWNFALL.

I THINK THAT WITH THE RIGHT CARE AND CONCERN AND MEASURES IN PLACE, WE CAN CONTINUE TO PROTECT AND TREAT THIS AS IT IS A TRULY UNIQUE DEVELOPMENT.

SO JUST STATING MY SUPPORT FOR YOU AND EVERYTHING THAT YOU'VE DONE, AND THANK YOU FOR ANSWERING ALL QUESTIONS AND TRYING TO ACCOMMODATE ALL OF OUR CONCERNS

[02:10:02]

I'VE BEEN HERE SINCE 2013, AND I'VE LIVED IN A LOT OF CITIES THAT ARE WALKABLE.

I LIVE IN SORRY, I LIVED IN MANHATTAN, IN CHICAGO, AND WHEN WE MOVED HERE IN 2013 I THINK PEOPLE MADE FUN OF ME BECAUSE I WAS CALLING ALL THE SCHOOLS AND SAYING, CAN MY DAUGHTERS RIDE THEIR BIKES TO SCHOOL LIKE A COUPLE MILES DOWN ON 14TH? I DON'T THINK SO. SO I, I REALLY THINK THE WALKABILITY IT THIS THIS DEVELOPMENT IS AN ISLAND. IT'S NOWHERE NEAR THE REST OF SOUTHLAKE.

AND SURE, PEOPLE, A FEW PEOPLE MIGHT BE WALKING, BUT I THINK YOU'RE GOING TO BE DRIVING THERE AND WALKING AROUND.

SO I THINK THE WALKABILITY IS KIND OF LAUGHABLE.

I'M, I'M TRYING TO THINK OF LIKE SOMEBODY PUSHING A BABY CARRIAGE OVER THE 114 OVERPASS.

IT'S JUST IT'S NOT IT'S JUST NOT IN MY MIND. THE OTHER THING IS DO YOU KNOW HOW MANY RENTAL APARTMENTS ARE IN ALPHARETTA? NO. ACCORDING TO GROCK, ABOUT 8000.

SO I REALLY DON'T THINK ALPHARETTA IS A FAIR COMPARISON TO SOUTHLAKE.

THE OTHER ISSUE THAT I'M, I'M CONCERNED ABOUT IS THE FLOODING.

I'VE FOUGHT SOME OTHER DEVELOPMENTS, AND THEY ALWAYS SAY IT'S AN AFTERTHOUGHT.

OH, WE'LL FIGURE THAT OUT LATER. WE'LL, WE'LL JUST, YOU KNOW, DUMP IT OUT ONTO 121.

AND I JUST THINK THAT, OH, WE'LL FIGURE THAT OUT LATER.

PLAN IS JUST NOT FEASIBLE. I ALSO THINK SURE, YOU YOU'RE SAYING THIS IS LUXURY, BUT THAT'S SUCH A RELATIVE TERM.

AND THE OTHER THING IS, SURE, IF YOU'RE IF YOU'RE LUCKY ENOUGH TO KEEP THESE LUXURY APARTMENTS, THIS IS GOING TO OPEN THE FLOODGATES FOR EVERY OTHER DEVELOPER IS GOING TO COME IN AND SAY, OH, WELL, THEY DID IT THERE. AND I KNOW BECAUSE THEY'VE COME TO MULTIPLE MEETINGS AND OVER AND OVER THEY'LL SAY, OH, WELL, WE DID THAT THEN. SO THAT'S OKAY, WE CAN DO THIS NOW.

SO IT JUST, IT JUST SAYS, OKAY, WELL, YOU KNOW, IT'S WHAT WE'RE GOING TO HAVE TONS OF APARTMENTS IN SOUTHLAKE.

SO AND THAT'S WHERE DIAMETRICALLY OPPOSED TO THAT.

THE OTHER I'M GOING TO CLOSE WITH ONE QUESTION.

SO EVERY COMMERCIAL LENDER WILL ASK FOR A PRO FORMA ON A PROJECT.

THIS IS NOT A SET IN STONE NUMBER, BUT IT IS AN ESTIMATE.

WITH ALL THE PROJECTS YOU'VE DONE, YOU MUST KNOW THIS NUMBER.

WHY ARE YOU HESITANT TO DISCLOSE THAT NUMBER? I DON'T KNOW THAT NUMBER ON THIS PROJECT. WE HAVE NOT DONE THE INITIAL PRO FORMA AT CELESTE.

CELESTE IS A CONCEPT IS BEING BROUGHT TO THE COMMUNITY TO SEEK FEEDBACK.

WE'RE RECEIVING FEEDBACK TONIGHT. WE'VE BEEN DOING IT FOR A YEAR.

WE HAVE COME TO THE CITY OF SOUTHLAKE TO ASK, WHAT IS IT THAT YOU ARE PLEASED ABOUT THIS? WE JUST HEARD FROM NATASHA WHO LIVES ACROSS THE STREET.

BY THE WAY, LET ME ADDRESS YOUR WALKABILITY COMMENT, WHICH YOU CHARACTERIZE AS LAUGHABLE.

THERE ARE 404 HOMES, IS THAT RIGHT? NUMBER ANY CAROLINE 404, 404 HOMES PLUS 79.

RIGHT. SO LET'S SAY THAT THERE ARE THREE PEOPLE IN EACH OF THOSE HOMES.

DO THAT MATH. CALL IT 500 ISH, 1500 RESIDENTS.

THERE ARE 326 UNITS IN CELESTE. CALL THAT TWO PEOPLE PER RESIDENT.

THAT'S ANOTHER 600. IS IT LAUGHABLE THAT THOSE 2000 PEOPLE CAN WALK SOMEWHERE AND NOT GET IN THEIR CAR AND DRIVE ACROSS TOWN AND SIT IN TRAFFIC? THAT IS NOT LAUGHABLE TO ME. I LIVE, I LIVE.

WHAT'S THE SAFETY THING? PEOPLE IN SOUTHLAKE YOU PEOPLE HAVE BEEN KILLED.

OKAY. IN SOUTHLAKE, HAVE YOU WALKED IN A SIDEWALK? 14. IS IT THEY. PEOPLE DON'T REALIZE IT'S A HIGHWAY.

ALL RIGHT. YOU KNOW, I PEOPLE ARE GOING 60 MILES AN HOUR REGULARLY.

SO ONE OF THE FIRST TIMES I CAME TO SOUTHLAKE, I STAYED AT THE WESTIN.

AND I LOOKED ACROSS THE STREET AT SOUTHLAKE TOWN SQUARE.

I SAID, I'M JUST GOING TO WALK THERE. THAT IS A DANGEROUS PROPOSITION.

WALKING ON SIDEWALKS IN CAROLINE, WHICH WERE DESIGNED TO SUPPORT THIS COMMERCIAL DISTRICT THAT WILL ENDURE TO THE BENEFIT OF EVERY RESIDENT IN CAROLINE. DO YOU LIVE IN CAROLINE BY CHANCE? NO, I DON'T.

OKAY, WELL, FOR THOSE WHO LIVE IN CAROLINE, I CAN TELL YOU WE'VE ADDRESSED THEM FIRST AND FOREMOST, INCLUDING NATASHA, WHO LIVES ON RIVIERA LANE AND THE OTHERS WHO WE ADDRESSED THE OTHER NIGHT.

IT IS IMPORTANT TO THEM TO HAVE WHAT THEY WERE PROMISED, A WALKABLE VILLAGE THAT THEY DON'T HAVE TO GET IN THEIR CAR OR TRUCK AND RISK THEIR OR RISK THEIR LIVES WALKING ACROSS. 114 BEING WALKABLE TO THE REST OF SOUTHLAKE IS NOT OUR PROPOSAL.

[02:15:02]

I HAVE NO PROBLEM WITH YOU PUTTING STORES OR OR WHATEVER RESTAURANTS, BUT THE THE APARTMENTS, THEY'RE LITERALLY OPENING ALL OF SOUTHLAKE. IT'S YOU'RE OPENING THE BARN DOORS.

YOU MIGHT JUST SAY ADVERTISE, EVERYBODY COME ON IN.

IT'S AFFECTING ALL OF US. AND THAT'S WHY WE'RE, WE'RE UPSET.

SO I JUST HAVE TO TO CLOSE WITH THAT. THANK YOU.

HI, MY NAME IS HILLARY AND I WANTED TO ASK BEFORE I SAVE MY COMMENTS, YOU KEEP REFERRING TO A YEAR THAT YOU'VE BEEN WORKING ON THIS JUST SO THAT I'M CLEAR. WAS IT SO LAST JUNE OF 25 IS ABOUT WHEN YOU WERE RECRUITED? IT MIGHT HAVE BEEN JULY, AUGUST, I MIGHT IT'S CLOSE TO A YEAR.

YES. OKAY. I JUST IT HELPS ME KIND OF UNDERSTAND THE WHOLE CONCEPT HERE.

SO I'M HERE AGAIN TO EXPRESS MY OBJECTION TO ANY FORM OF HIGH DENSITY RESIDENTIAL HERE IN SOUTHLAKE.

AS YOU'VE HEARD TONIGHT, THIS THIS TOWN IS UNIQUE BY DESIGN AND AS COMMUNITY MEMBERS, WE INTEND TO KEEP IT THAT WAY.

SO I UNDERSTAND THAT A SELECT FEW OF OUR COUNCIL MEMBERS TRAVELED TO SEE YOUR GEORGIA PROJECT.

AND MY HOPE, JUST AS A CONSTITUENT OF THEIRS, IS THAT THEY MADE IT VERY CLEAR TO YOU FROM THE START THAT HIGH DENSITY RESIDENTIAL DOESN'T BELONG IN SOUTHLAKE. I HAVE COME HERE MANY TIMES TO SPEAK AT SOUTHLAKE CITY COUNCIL MEETINGS AGAINST THE HIGH DENSITY RESIDENTIAL. AND SO AGAIN, JUST I'M BAFFLED WHY WE'RE HERE TALKING ABOUT OVER 300 APARTMENTS.

THAT IS UNBELIEVABLE IN SOUTHLAKE, TEXAS. SO OBVIOUSLY YOU HAVE A PRODUCT TO SELL AND I HOPE, I JUST HOPE THAT YOU'RE LISTENING TO THE COMMUNITY HERE AND WE'VE MADE IT CLEAR THAT WE'RE NOT INTERESTED.

YOU HAD IN YOUR PRESENTATION TALKED ABOUT THE CHRISTMAS.

WHAT IS IT, THE CHRISTMAS TREE LIGHTING? YES.

AT YOUR CELESTE. AND LIKE A PIECE OF ME WAS LIKE, OH MY GOSH, IT'S NOT IN TOWN SQUARE.

THAT WOULD BE CRAZY NOT TO HAVE OUR TRADITIONAL CHRISTMAS IN TOWN SQUARE.

SO I APPRECIATE YOUR TIME AND I AM AGAINST THIS.

THANK YOU. LET ME CLARIFY I NOBODY'S PROPOSING A TREE LIGHTING AT CELESTE.

WE HAVE A TREE LIGHTING AT AVALON THAT THE PROJECT WE'RE BUILDING TODAY CALLED MEDLEY.

THE CITY OF JOHNS CREEK HAS THEIR OWN TREE LIGHTING. WE WILL NOT HAVE A TREE LIGHTING THERE. THE IDEA THAT WE'RE GOING TO SOMEHOW USURP SOMETHING THAT THE CITY OF SOUTHLAKE CURRENTLY HAS IS NOT THE PROPOSAL, SIR.

THANK YOU. HELLO, MARK ZITO. HELLO, SOUTHLAKE.

YOU OWE ME AN EMAIL RESPONSE. GOOD TO SEE YOU.

HAPPY TO SEE YOU WHEN YOU'RE HERE AS WELL, IF YOU LIKE, DEPENDING ON WHEN YOU'RE GOING TO BE LEAVING.

I YEAH, YEAH, YEAH. FIRST THING DID ANYBODY WHEN YOU HAD THOSE FIRST MEETINGS SAY THAT HIGH DENSITY RESIDENTIAL AND APARTMENTS WOULD OR WOULD NOT BE ACCEPTABLE FOR THIS DEVELOPMENT? WE ARE IN THE EARLY IN THE EARLY CONVERSATIONS THAT YOU HAD WHEN IN JULY, AUGUST, SEPTEMBER, WHATEVER MAY HAPPEN, AS YOU MIGHT EXPECT, NO ELECTED OFFICIAL IN ANY CITY THAT I'VE EVER WORKED IN WOULD, EVER, WOULD EVER INDICATE THAT THEY WOULD OR WOULDN'T APPROVE SOMETHING AT THE OUTSET WITHOUT SEEING A PROPOSAL.

SO NO, NOT APPROVED. I DIDN'T ASK THAT. I SAID, DID THEY SAY THAT IT WOULD NOT BE ACCEPTABLE FOR THIS DEVELOPMENT? SAME THING. OKAY. YOU KNOW, ONE OF THE THINGS THAT WE HAVE QUITE A LONG HISTORY HERE WITH CAROLINE IS IT SHOULD BE REALLY RENAMED THE FRENCH WORD COMPROMISE. COMPROMISE. EVERYTHING'S BEEN A COMPROMISE THERE FROM THE INITIAL APPROVAL TO THE SUBSEQUENT APPROVALS THAT HAPPENED AFTERWARDS. AND IT KEPT ON GETTING WHITTLED DOWN ONE BY ONE BY ONE TO HAVE MORE HIGH DENSITY, MORE STUFF THAT WAS PUT IN THAT WAS NOT PART OF THE ORIGINAL PLAN.

THE FIRST PLAN WAS DONE WITH THIS GORGEOUS AREA THAT WAS PROMISED BY HEINZ, WHO DECIDED THEN TO DO THE RESIDENTIAL AND THEN HIGHTAIL IT OUT OF TOWN. NOT DOING THIS PORTION. THEN WE HAVE ANOTHER DEVELOPER COME UP AND THEY SAY, OKAY, WE ARE GOING TO DO THIS, BUT WE NEED MORE HIGH DENSITY RESIDENTIAL TO COMPLETE THIS.

THEN WE HAVE ANOTHER COMPROMISE. NOW THAT NOW THAT DEVELOPER IS DOING THE HIGH DENSITY RESIDENTIAL AND THEY'RE DONE, THEY'RE SAYING GOODBYE. I KNOW YOUR COMPANY AND YOUR HISTORY HAS BEEN DIFFERENT THAN THAT, AND I COMMEND YOU FOR THAT. THE ONE THING THAT WE'VE SAID IN OUR FIRST CONVERSATION AND OUR ONLY CONVERSATION WAS THAT GET IT DONE WITH THE RETAIL,

[02:20:06]

ALL GOOD, ALL GREAT. FINISH IT TO THE WAY IT WAS ORIGINALLY ENVISIONED.

IN FACT, IF YOU CAN TAKE OUT THE 50 UP TO 50 CONDOS THAT WERE APPROVED IN THE LAST COMPROMISE, THAT WOULD BE EVEN BETTER, BUT IT JUST KEEPS ON GOING DOWNHILL AND GOING DOWNHILL IN A MANNER THAT'S NOT POSITIVE FOR OUR COMMUNITY.

WE ARE NOT ALPHARETTA. WE ARE NOT JOHN, SAINT JOHN'S, JOHNS CREEK.

JOHNS CREEK, YOU KNOW, BOTH COMMUNITIES ARE A LITTLE BIT LARGER FROM A SQUARE MILE STANDPOINT.

BOTH OF THEM ARE OVER 1000 MORE PEOPLE PER SQUARE MILE THAN SOUTHLAKE.

YOU KNOW, THIS 1000 PEOPLE MORE SOUTHLAKE DON'T KNOW 15.

OKAY, I'LL THROW YOU A FACT AND YOU PROBABLY SHOULD SEND ME THAT BECAUSE I'LL BE HAPPY TO.

AGAIN, THROWING NUMBERS AROUND THAT NOBODY HAS ANY WAY TO VERIFY IS A CHALLENGE FOR ME PERSONALLY.

IT'S BEEN IT'S BEEN VERIFIED. I DON'T SPEAK ANYTHING. I DON'T OPINE WITH ANYTHING. THAT'S NOT FACT.

OKAY, SO IT IS FACT. I'LL BE HAPPY TO SEND YOU THE INFORMATION.

WE'RE ABOUT 1500. BOTH OF THOSE COMMUNITIES ARE ABOUT 24 2500 PER SQUARE MILE.

NEW YORK CITY, BY THE WAY, IS ABOUT 25,000 PER SQUARE MILE, WHICH WE'RE NOT IN NEW YORK CITY.

THERE'S A PACE COMMERCIAL ABOUT THAT WITH SALSA, I THINK.

SO THE COMMUNITIES ARE DIFFERENT. THE AVERAGE HOUSEHOLD INCOME IS DIFFERENT.

WE'RE AT AROUND $250,000 A YEAR. BOTH OF THOSE COMMUNITIES ARE IN THE $150,000 RANGE.

IT'S A DIFFERENT COMMUNITY AGAIN. AL, YOU'RE CITING NUMBERS THAT ARE NOT IN THOSE NUMBERS.

I KNOW INSIDE OUT. WHAT ARE THEY? 201. 75. OKAY.

THEN SOME OF THE YEAR. 250. OKAY, I GET IT. THANK YOU VERY MUCH.

APPRECIATE THAT. WE HAVE OVER 100 RENTAL OPPORTUNITIES RIGHT NOW TODAY IN SOUTHLAKE, BOTH HERE IN TOWN SQUARE AND AROUND TOWN.

THERE'S PLENTY OF PLACES FOR PEOPLE THAT ARE WANTING TO MOVE INTO A SITUATION WHERE IT'S JUST NOT AN OWNERSHIP SITUATION AND INTO A TEMPORARY OR PERMANENT RENTAL SITUATION. IT'S HERE TODAY. IT IS. IT'S NOT LIKE IT DOES NOT EXIST.

IT'S HERE TODAY. SO AS WE GO DOWN THIS PATH, AS WE'VE AS WE'VE TRIED TO COMMUNICATE TO YOU THAT, HEY, COME ON IN. FINISH IT THE WAY THAT IT WAS ORIGINALLY DESIGNED.

HECK, WE GOT TOWN SQUARE OVER HERE THAT NEEDS TO BE FINISHED THE WAY THAT IT WAS ORIGINALLY DESIGNED AND ENVISIONED.

THERE'S PLENTY OF OPPORTUNITY HERE. OR TEXAS IS 95% UNDEVELOPED, 255 OR 95,000. EXCUSE ME IF I DON'T HAVE IT EXACTLY RIGHT.

SQUARE MILES. THERE'S PLENTY OF ROOM TO GO AND DO THINGS IN TEXAS, THIS BIG STATE BIGGER THAN YOUR BEAUTIFUL GEORGIA.

THAT'S WHERE MY BEAUTIFUL WIFE HAS COME FROM IS THE GEORGIA PEACH.

SO. DOWN IN THE SOUTHERN PORTION OF GEORGIA WITH THE WITH THE PEANUT LAND AND SO ON AND SO FORTH, WITH WHERE MR. CARTER USED TO BE. SO THERE'S PLENTY OF OPPORTUNITY HERE, PLENTY OF OPPORTUNITY TO DO THINGS THAT TORO LOOKS TO BE ABLE TO DO GREAT. I WOULD LOVE TO SEE THAT. I WOULD INVITE YOU TO THAT.

BUT ANYTHING THAT HAS TO DO WITH HIGH DENSITY RESIDENTIAL IS THE THIRD RAIL HERE.

IT'S A PROBLEM WE HAVE. FOR THOSE THAT DON'T KNOW, WE HAVE A APARTMENTS ORDINANCE IN SOUTHLAKE 12 UNITS PER ACRE.

THAT'S OUR APARTMENT ORDINANCE. SO DO 12 UNITS IN AN ACRE.

MAYBE YOU HAVE A LITTLE BIT BETTER LUCK WITH ACTUALLY GETTING THAT DONE.

CONDOS, MAYBE WE HAVE UP TO 50 THAT ARE ALREADY APPROVED.

THERE'S BEEN INFRASTRUCTURE ALREADY DONE. OF COURSE, THAT'S A DIFFERENT ISSUE IN REGARDS TO WHAT YOU GOT TO DO TO CHANGE THAT AROUND.

THAT'S THAT'S ON YOU TO FIGURE THAT OUT AS IT MAY BE.

BUT IT'S IT'S JUST A BAD FIT. AND AS MUCH AS I WOULD LOVE TO SEE YOU SUCCEED HERE, AND I DO WANT TO SEE YOU SUCCEED HERE AND ENTER INTO THE TEXAS MARKET AND GROW YOUR COMPANY AND YES, AT A PROFIT.

I'M HAPPY TO SEE A PROFIT FOR YOUR COMPANY, AS ANY COMPANY THAT MAY WANT TO BE IN SOUTHLAKE OR DO BUSINESS IN SOUTHLAKE DOING BUSINESS AT A NONPROFIT, THAT'S USUALLY NOT A GOOD IDEA UNLESS YOU'RE ACTUALLY WORKING FOR A NONPROFIT, LIKE FOOD BANKS AND SO ON AND SO FORTH, WHICH I VOLUNTEER A LOT OF TIME WITH, THEN THAT'S A DIFFERENT STORY.

BUT HELP US, HELP US HELP YOU TO DO SOMETHING THAT IS ACTUALLY WANTED IN OUR TOWN.

I FEEL FOR THE PEOPLE IN CAROLINE, I REALLY DO.

WHEN HEINZ DESERTED THEM, THAT PLAN WENT OUT THE WINDOW.

AND IT IS SAD FOR THAT COMMUNITY THAT WAS PROMISED.

THOSE THINGS THAT HEINZ TOOK AWAY FROM THEM. THE CITY DIDN'T TAKE IT AWAY FROM THEM.

YOU DIDN'T TAKE IT AWAY FROM THEM. I DIDN'T TAKE IT AWAY FROM THEM.

HEINZ DID, AND IT'S A SHAME. IT'S A DARN SHAME, BUT IT IS THE WAY THAT IT IS.

WHATEVER GUARDRAILS THAT COULD HAVE OR SHOULD HAVE BEEN DONE WEREN'T DONE. AND THEY HIGHTAILED IT OUT.

[02:25:04]

IT'S NOT RIGHT. YES. CAROLINE DESERVES WHAT THEY THEY ARE EXPECTING TO HAVE IN THEIR COMMUNITY.

I'M HAPPY TO SEE THAT FOR THEM. BUT ALSO THE THE COMMUNITY AT LARGE DESERVES TO MEET THEIR EXPECTATIONS AS WELL.

YOU'RE A DECENT GUY. YOU'RE GETTING A CLEAR MESSAGE HERE TONIGHT.

I KNOW YOU ARE. AND YOU'RE YOU'RE A SMART GUY.

YOU KNOW, YOU'VE GOT CHOICES OF DOING BUSINESS HERE IN SOUTHLAKE OR DOING BUSINESS SOMEWHERE ELSE, AS IT MAY BE. SO COME ON IN AND DO BUSINESS HERE WITHOUT THE HIGH DENSITY RESIDENTIAL.

YOU'RE GOING TO BE WELCOME. I'LL DO EVERYTHING IN MY POWER TO HELP YOU IN THAT ENDEAVOR.

FOR FREE. FOR FREE. THAT'S HOW I USUALLY WORK.

AND MY WIFE GETS UPSET AT ME FOR DOING THAT ALL THE TIME.

SO WORK WITH US, AND YOU'RE GOING TO FIND THAT THE COMMUNITY WILL WORK WITH YOU AND WILL WELCOME YOU WITH OPEN ARMS. WORK AGAINST US. AND IT'S GOING TO BE A IT'S GOING TO BE A BATTLE THE WHOLE WAY DOWN THE ROAD.

AND I DON'T WANT TO SEE YOU WASTING YOUR MONEY, YOUR TIME, YOUR EFFORT, YOUR YOUR EXPERTISE, YOUR TEAM'S EXPERTISE ON SOMETHING THAT'S GOING TO JUST BE A BATTLE THE WHOLE WAY.

AND IF YOU'RE IN TOWN, CALL ME. HAPPY TO SPEND TIME WITH YOU.

I THINK YOU PROBABLY NEED A DRINK AT THIS POINT, SO I'D BE HAPPY TO BUY YOU THAT DRINK AS WELL.

IT'S 830. I'M GETTING THERE. I'LL BE HAPPY TO BUY THAT DRINK.

WE'LL GO HEAD RIGHT ACROSS THE STREET IF WE'RE ABOUT TO FINISH UP. THEY MAKE A GREAT MARGARITA OVER AT THE CASINO IF THEY'RE STILL OPEN.

THANK YOU. THANK YOU. THANKS FOR YOUR TIME. THANKS FOR YOUR RESPECT.

THANKS FOR YOUR COURTESY TO US IN OUR COMMUNITY.

NOW RESPECT WHAT THE COMMUNITY WANTS AS WELL AND WE'LL BE IN GOOD SHAPE.

THANK YOU. APPRECIATE YOU. I'LL BE QUICK, I PROMISE.

HI, MY NAME IS MELISSA PARROTT. I'M A SOUTHLAKE COMMUNITY MEMBER.

I MOVED HERE IN 2018 WITH MY FAMILY OF FOUR. A COUPLE THINGS IN YOUR PRESENTATION KIND OF RESONATED WITH ME.

YOU SAID YOU'RE IN THE BUSINESS OF, QUOTE, CREATING PLACES.

WELL, I THINK YOU'RE GETTING THE GIST OF WHAT SOUTHLAKE IS.

AND OUR PLACE HAS ALREADY BEEN CREATED. YOU KNOW, WE HAVE THE BIGGEST SENSE OF COMMUNITY I HAVE EVER SEEN.

WE ALL MOVED HERE FOR SIMILAR REASONS THE SCHOOLS, THE COMMUNITY.

SO YOU MIGHT BE A LITTLE LATE ON TRYING TO CREATE PLACES.

THE OTHER THING YOU SAID WAS THAT YOUR AVALON HAS LESS THAN A DOZEN SCHOOL AGED KIDS.

WELL, I MEAN, SOME WOULD PROBABLY TRY TO SELL THE APARTMENTS ON, LIKE, GETTING MORE KIDS INTO OUR SCHOOL DISTRICT.

I CAN PROMISE YOU THERE WOULD BE MORE KIDS IN THESE APARTMENTS.

AND THAT IS FINE, BUT IT DOES CREATE A LITTLE BIT OF A SENSE OF PRESSURE AND TRANSIENCY ON OUR TEACHERS, PEOPLE COMING AND GOING, SHORT TERM LEASES. IT IS VERY HARD IN THIS COMMUNITY TO EVEN TRY TO RENT A HOME FOR LESS THAN A YEAR.

SO I THINK THAT, YOU KNOW, THE FACT THAT THERE'S ONLY 12 STUDENTS THERE THAT WOULD BE VERY DIFFERENT HERE.

I'M JUST CURIOUS. IT ALSO SAID BEAUTIFUL PUBLIC SPACES.

YOU'RE GOOD AT CREATING BEAUTIFUL PUBLIC SPACES.

I'M SORRY. LIKE YOUR APARTMENTS. THEY'RE NOT GOING TO BE BEAUTIFUL.

THEY'RE NOT GOING TO BE EVEN PRETTY. I JUST THINK THAT YOU SHARE WITH ME HOW YOU ARRIVED AT THAT.

WELL, I GREW UP IN ALASKA, WHERE THERE'S MOUNTAINS IN THE OCEAN, SO I'M PRETTY SURE YOU COULD BUILD, YOU KNOW, WHATEVER BUILDING YOU WANT. IT'S NOT GOING TO BE A BEAUTIFUL PLACE, HOWEVER HIGH IT IS IN THE EYE OF THE BEHOLDER.

WELL, ANYWAYS, I THINK YOU GET THE GIST THAT I HEAR SOUTHLAKE IS VERY OPPOSED TO HIGH DENSITY.

MOST OF SOUTHLAKE I CAN PROMISE YOU THIS IS JUST A SMALL PORTION OF THE PEOPLE WHO WOULD BE OPPOSED TO THE APARTMENTS.

I JUST WANT YOU TO GET THE SENSE OF THAT. THIS IS A COMMUNITY THAT WILL FIGHT FOR WHAT THEY BELIEVE IN.

WE ARE DRAGONS. WE WILL DO WHAT WE HAVE TO DO.

BUT THANK YOU FOR YOUR TIME. THANK YOU. HI. DIANE DORMAN, BEEN HERE 21 YEARS.

KIND OF LIKE EVERYBODY SAID. OLD MOVED HERE WITH A THREE YEAR OLD AND A 14 YEAR OLD WHO HAVE NOW RETURNED HOME AND HAVE A SIX DAY OLD, A THREE YEAR OLD, A FIVE YEAR OLD AND A TEN YEAR OLD LIVING OUT OF MY HOUSE NOW.

SO I DON'T PLAN ON MOVING TILL I DIE. AND I'M SURE MY KIDS WILL KEEP THE HOUSE UNTIL THEY DIE.

BUT DO THE SCHOOLS AND THE COMMUNITY, WHICH IS THE REASON THAT I CHOSE SOUTHLAKE INITIALLY WHEN I MOVED TO TEXAS FOR MY CAREER THE TOUCHING BASE ON WHAT SHE SAID. ARE YOU FAMILIAR WITH SOUTHLAKE SHORT TERM RENTAL? I'M NOT KNOW. THE CITY BANNED THE ABILITY TO DO SHORT TERM RENTALS, SO THE THOUGHT OF JUST EVEN

[02:30:04]

RENTING A ROOM OUT SHORT TERM IS NOT EVEN A VIABLE OPTION.

SO THEY'VE YOU KNOW, THE CITY HAS PUT THEIR FOOT DOWN.

SO THE COMING IN AND TRYING TO ASK THEM TO OVERTURN THAT.

BUT LOOK AT LET'S SAY I WANTED TO MOVE OUT OF STATE BECAUSE I BOUGHT MY HOME 21 YEARS AGO.

COULD I RENT IT OUT AND MAKE A TON OF MONEY? ABSOLUTELY.

BUT THAT IS NOT WHAT I PLAN FOR MYSELF AND MY FAMILY.

AND GOING INTO WHEN YOU WHEN I THINK IT WAS MISS YEAGER THAT WAS UP HERE SPEAKING ABOUT SAFETY IN OUR COMMUNITY, ARE YOU FAMILIAR ABOUT HOW MANY SOUTHLAKE RESIDENTS, MUCH LESS STUDENTS OR MINORS IN OUR COMMUNITY HAVE BEEN UNFORTUNATELY, KILLED ON OUR ROADS IN TRAFFIC? I'M NOT NO. I CAN SPEAK FROM A VOICE OF EXPERIENCE.

RIGHT AT 114 AND WHITECHAPEL, THE SERVICE HIGHWAY 114.

THREE YEARS AGO, MY CORPORATE LIFE ENDED. I GOT NAILED BY A RED LIGHT RUNNER, ENDED UP WITH MULTIPLE BRAIN BLEEDS, A BROKEN C1, AND JACKED UP MULTIPLE OTHER THINGS.

MY CAREER WORLD IS OVER, BUT I STILL WANT TO REMAIN HERE IN SOUTHLAKE.

I DON'T WANT TO MOVE TO AN APARTMENT. I DON'T WANT ANY OF THE THINGS AND LOOKING LIKE JUST FOR MY GRANDCHILDREN ALONE.

I WOULDN'T WANT THEM TO HAVE AN APARTMENT LIFE SO THEY CAN HAVE THE THE LAND TO RUN, THE ROOM TO PLAY, AND THE SAFETY OF A OF OUR YARD TO PLAY IN IN OUR HOMES.

SO THE AS MANY HAVE ECHOED HERE, APARTMENTS IS NOT WHAT WE MOVED HERE.

WHEN I MOVED HERE, THERE WAS LONGHORNS WHERE CAROLINE NOW IS.

I WAS SAD TO SEE THOSE GO, BUT WHEN I MOVED HERE, MY CLIENTS.

WHEN I SAID I LIVED IN SOUTHLAKE, THEY'RE LIKE, OH, YOU LIVE IN THE COUNTRY? AND I WAS LIKE BECAUSE I MOVED FROM THE EAST COAST.

SO I WAS LIKE, THAT'S COUNTRY. BUT THROUGH THE YEARS YOU'VE SEEN IT, YOU KNOW, THE BEAUTIFUL OPEN SPACES JUST NARROW DOWN AND DOWN AND DOWN.

AND THAT IS NOT SOMETHING THAT WE AS A. THE MAJORITY OF OUR COMMUNITY REALLY WANTS.

WHEN I SAT THROUGH THE CARILLION MEETINGS BACK IN THE DAY AND THE INITIAL PROPOSALS FOR THE OPEN SPACES AND THE BUSINESSES, MINUS THE THE RENTALS, CONDOS AND ALL THAT STUFF WAS FINE.

BUT AS AL MENTIONED, EVERY TIME THEY WENT BACK, THEY PROPOSED THAT THE AREA FOR THE BUSINESSES AND THE MULTI-STORY CHEF INSPIRED RESTAURANTS ALL DEGRADED TO WHERE WE ARE NOW.

I THINK I DON'T EVEN KNOW WHAT NUMBER, INVESTOR OR PLAN THIS IS FOR A GROUP TO WANT TO COME IN AND CHANGE THINGS UP.

IT SEEMS LIKE WHEN EVERYTHING GETS STARTED, THE BRAKES HIT AND THEN CRICKETS, AND THEN WE'RE BACK HERE AGAIN TRYING TO BE THE VOICES THAT WE WERE.

YOU KNOW, MANY OF US HAVE BEEN HERE, LIKE YOU'VE HEARD RESIDENT AFTER RESIDENT GET UP HERE AND SAY 20 YEARS, 15 YEARS, 18 YEARS, 30 YEARS, WHATEVER. AND THE GENTLEMAN THAT SPOKE ABOUT GETTING UP AT 5 A.M.

BEFORE MY ACCIDENT. I USED TO GET UP AND RUN AT FOUR AND 5:00 IN THE MORNING.

IT WAS PEACEFUL TO GO OUT AND RUN AT THAT TIME AND HAVE ALONE TIME, SO TO SPEAK.

BUT AND THEN THE OTHER UNIQUE PERSPECTIVE IS I LIVE ON WHITECHAPEL FROM THE FROM THE WIDENING OF WHITECHAPEL.

I CAN TELL YOU IT WENT FROM A NICE TWO LANE LITTLE ROAD TO A FOUR FIVE LANE WITH A TURN LANES EXPRESSWAY.

IT'S TURNED INTO A RACEWAY. I MEANT THE TRAFFIC UP AND DOWN THAT ROAD IS HORRENDOUS.

AND DESPITE MY ACCIDENT IN JANUARY 2023, WHERE THE LADY CRASHED INTO ME AND RAN A RED LIGHT, MY DAUGHTER IN LAW WAS JUST WHACKED, PULLING OUT A TOM THUMB SEVEN AND A HALF MONTHS PREGNANT AND ENDED UP IN THE LABOR AND DELIVERY.

SO I CAN TELL YOU FROM A VOICE OF EXPERIENCE ONE TWO BLOCK, ONE BLOCK, YOU KNOW, ONE DIRECTION, TWO BLOCKS, ANOTHER DIRECTION. YOU KNOW, FORTUNATELY, THE BABY GOT TO HANG OUT A LITTLE WHILE LONGER BEFORE HE.

HE ARRIVED LAST WEEK. BUT MY WORLD TWO, YOU KNOW, TWO BLOCKS THE OTHER DIRECTION COMPLETELY UPENDED.

SO I WOULD REALLY IMPLORE YOU TO COME BEFORE YOU SPEAK ANY FURTHER ON THIS, TO LEARN THE DEMOGRAPHICS, LEARN WHAT GOES ON, LEARN OUR TRAFFIC. LEARN THE FATALITIES.

114 IS A HOT MESS AND 1709 IS A HOT MESS. JUST DRIVING HERE TONIGHT, HAVING TO TAKE THE ACCESS ROAD BECAUSE 114 WAS A GRIDLOCKED. SO IT IT'S LIVING ON WHITECHAPEL FOR SEEING THE WHAT TWO CARS PER HOME THAT YOU'RE SAYING THAT'S NOT INCLUDING IF THEY'RE MULTI BEDROOM UNITS THERE COULD BE YOU KNOW MULTI PEOPLE PER HOUSE OTHER THAN TWO CARS.

IT COULD BE LIKE 4 TO 6 PER UNIT. AND THAT WOULD DEFINITELY ADD TO, TO THE TRAFFIC PROBLEMS THAT WE ALREADY HAVE HERE.

BUT I DO OPPOSE THE APARTMENTS. THANK YOU. THANK YOU.

THANK YOU FOR BEING HERE TONIGHT, AND IT'S BEEN A GREAT EXPERIENCE TO LISTEN AND TO SEE THE GREAT AMERICAN PROCESS WHERE PEOPLE

[02:35:07]

MY NAME IS ROBERT CLARK. I'M A RETIRED SURGEON FOR 41 YEARS.

WE'VE RETIRED DOWN HERE FOR THE LAST 14 YEARS.

WHEN I ANTICIPATED CAROLYN AND LOOKED AT THE PROJECT, IT WAS NOTHING BUT A WASTELAND, A FEW CATTLE AND A TRAILER WITH POTENTIAL. THERE WAS A LOT OF PROMISES THAT WERE BEING MADE WITH THE RETAIL CHATEAU, HOMES, ESTATE, HOMES, LAKE HOMES, VILLA HOMES AND HINES CAME THROUGH WITH MOST OF THE PROJECT.

THEY FINALLY BAILED OUT AND SOLD OFF PARTS AND THAT'S WHY WE'RE HERE TODAY.

I DON'T HAVE A LONG HISTORY IN TEXAS OR IN SOUTHLAKE LIKE A LOT OF PEOPLE HAVE HERE.

WE STUMBLED ON TO SOUTHLAKE AND CAROLINE ALMOST BY ACCIDENT.

ONE OF THE GREATEST THINGS THAT'S HAPPENED TO US.

LOVE, CAROLINE, LOVE TEXAS, LOVE THE PEOPLE OF TEXAS.

AND IT'S BEEN A GREAT PLACE TO RETIRE. I FEEL LIKE WE'RE KIND OF AT THE NINTH INNING OF A BASEBALL GAME HERE TONIGHT, AND I FEEL LIKE WE'RE KIND OF BATTING IN THE LAST HALF OF THE INNING.

BUT. I SEE CAROLINE IS IS JUST A JEWEL AND THERE ARE SO MANY FINE PEOPLE HERE AND SO MANY PEOPLE TONIGHT WITH GREAT INTENTIONS AND REALLY SHARING THEIR CONSCIENCE.

BUT ALSO, WE'VE SEEN A LOT OF PROMISES MADE FOR THE RETAIL SECTION, A LOT OF PROMISES NOT KEPT.

A LOT OF BEAUTIFUL PICTURES BEING MADE, A LOT OF DOME STRUCTURES, A LOT OF PEOPLE TELLING WHAT THEY'RE GOING TO DO AND HAVEN'T COME THROUGH.

WE NOW HAVE A CORNER THAT IS A DESOLATION. IT IS A DESERT.

IF YOU PASS BY THAT CORNER, YOU SEE SOME CONCRETE, PROBABLY SOME ASPHALT.

A FEW OF THE TREES HAVE BEEN TAKEN DOWN AND IT'S A MESS.

I'VE BEEN HERE 14 YEARS. AM I GOING TO BE LOOKING AT THAT FOR ANOTHER 14 YEARS? SOMEBODY IS GOING TO DEVELOP THAT AND THE DEVELOPMENT THEY'RE GOING TO PUT THERE IS NOT GOING TO BE COMPLETELY HAPPY TO ME, BUT. YOU HAVE TO GIVE SOME AND YOU NEED TO TAKE SOME.

IF ANYBODY HAS SKIN IN THE GAME, WE DO, BECAUSE I LIVE ON RIVIERA AND I'M AT THE CORNER OF PALLADIUM, AND I LOOK DIRECTLY ONTO THIS PROJECT. AND I BELIEVE THAT WITH SOME CHANGES IN YOUR PLANNING AND SOME ADDITIONAL INPUT, I BELIEVE THIS PROJECT NEEDS TO BE DONE.

AND I BELIEVE IT NEEDS TO BE DONE SOON. AND I BELIEVE YOU'RE THE BUSINESS THAT IS GOING TO DO IT.

AND I THROW MY BACKING BEHIND WHAT YOU'RE DOING.

BUT I DO HEAR PEOPLE TELLING ME THAT THEY DON'T LIKE, ESPECIALLY THE APARTMENT ASPECT.

AND I THINK YOU'RE LISTENING TO THAT. AND WITH THOSE CONCESSIONS AND SOME CHANGES, I SEE A TREMENDOUS PROJECT WITH A GREAT FUTURE AS A GREAT ADDITION TO SOUTHLAKE IN THE FUTURE.

THANK YOU, THANK YOU. ROBERT. HI, I'M SUSIE NORMAN.

I AM NOT A 20 YEAR SOUTHLAKE RESIDENT. I'VE MOVED AN AWFUL LOT, AND I FIRST WANT TO SAY HOW MUCH I ENJOY THE SPIN CONCEPT.

I THINK IT MAKES A LOT OF SENSE. I WISH I COULD USE IT IN MY JOB BECAUSE WE COULD SAVE A LOT OF TIME AND MONEY.

I REALLY CAME TO THIS MEETING TO GATHER INFORMATION, SO I HAVE A QUESTION REALLY FOR YOU TODAY.

IN FACEBOOK THE SHIVERS FARM DEVELOPMENT WAS BRAGGED ABOUT SAYS IT'S GOING TO FEATURE RETAIL RESTAURANTS, BOUTIQUE OFFICE SPACE, NEW HOMES, PUBLIC ART, AND A NEARLY ONE ACRE PARK CENTERED AROUND HERITAGE LIVE OAK TREES.

WHOLE FOODS WILL BECOME THE FIRST MAJOR GROCER WITH OUTDOOR DINING, WALKABLE GATHERING SPACES AND MORE RETAILERS STILL TO BE ANNOUNCED.

SHEBAA FARMS IS SHAPING UP TO BE ONE OF SOUTHLAKE MOST ANTICIPATED DEVELOPMENTS.

CAN YOU TALK TO ME ABOUT HOW YOUR VISION FOR YOUR PROJECT HAS CHANGED SINCE THIS HAS BEEN ANNOUNCED?

[02:40:01]

BUT I CAN TELL YOU THAT IT IS APPLES AND ORANGES.

THE CHAVEZ FARM PROJECT IS A SHOPPING CENTER.

YOU'VE GOT LOTS OF SHOPPING CENTERS IN SOUTHLAKE. YOU'LL HAVE YOUR FIRST WHOLE FOODS, WHICH IS A REALLY BIG THING. I THINK THAT EVERYONE IS I ASSUME THAT EVERYONE'S SUPPORTIVE OF THAT. BUT WHAT WE'RE PROPOSING IS A COMMUNITY IS A VILLAGE IS WALKABLE.

THE DENSITY BRINGS WALKABILITY. AND TO THE LADY WHO THOUGHT IT WAS LAUGHABLE I APOLOGIZE FOR SINGLING YOU OUT, BUT IT IS AN IMPORTANT COMPONENT AND I LIVE IT EVERY DAY, AND I CAN TELL YOU THAT IT HAS CHANGED MY LIFE, AND IT HAS CHANGED THE LIFE OF THE 900 RESIDENTS THAT LIVE AT AVALON, AND IT WILL CHANGE THE LIFE OF THE 1200 RESIDENTS THAT WILL LIVE AT MEDLEY, AND IT WILL CHANGE THE LIFE OF THE 1500 RESIDENTS OF CARILLON AND CELESTE.

SO THE SHIVERS THAT SHIVERS. SHIVERS. I DON'T KNOW.

SHIVERS. SHIVERS. IS IT I THE THE DEVELOPERS ARE PERSONAL FRIEND OF MINE.

I LOVE THEM. HE DOES GREAT WORK. YOU'RE GOING TO BE VERY HAPPY WITH IT.

BUT IT IS A SHOPPING CENTER. SO WHEN HE SAYS NEW HOMES AND WALKABLE AND RESTAURANTS, THAT SOUNDS A LOT TO ME LIKE WHAT YOU'VE BEEN DESCRIBING. IT MAY AND IT MAY. I'M NOT SURE THAT'S INTENTIONAL OR NOT, BUT THE FACT IS THAT THERE ARE SINGLE FAMILY RESIDENTIAL LOTS ON THAT PLAN. THOSE SINGLE FAMILY RESIDENTIAL LOTS ABUT THE SHOPPING CENTER.

SO THEORETICALLY, YOU COULD LEAVE YOUR HOME AND WALK ACROSS THE PARKING LOT OR THE TRUCK DOCK TO WHOLE FOODS.

THAT IS NOT WALKABLE TO ME. WALKABILITY IS WHAT'S CRITICAL ABOUT WALKABILITY AND SOUTHLAKE TOWN SQUARE IS VERY WALKABLE, VERY WELL EXECUTED. IT'S A FABULOUS SHOPPING CENTER.

AND, AND IT'S ONE OF THE IT'S ONE OF THE MOST HIGHLY ACCLAIMED SHOPPING CENTERS IN AMERICA BECAUSE OF ITS WALKABILITY.

BUT THAT IS NOT IT'S IT'S JUST A DIFFERENT ANIMAL.

AND IT'S GOING TO BE GREAT. I'M NOT CASTING ASPERSIONS.

I THINK IT'S GOING TO BE A PHENOMENAL ADDITION TO SOUTHLAKE.

AND IT'S BY A CLASS A DEVELOPER WHO DOES A REALLY GREAT JOB.

SO WOULD YOU BE WORKING WITH HIM TO MANAGE THE TRAFFIC? BECAUSE IF BOTH DEVELOPMENTS HAPPEN, THAT'S SO HE'S DONE.

HE'S WELL AHEAD OF THE PROCESS, OBVIOUSLY, BECAUSE HE'S BEEN APPROVED AND HE'S ABOUT TO START CONSTRUCTION. HE'S DONE HIS TRAFFIC IMPACT STUDY.

WE ESSENTIALLY, THE WAY TRAFFIC IMPACTS ARE DONE, YOU TAKE THE BACKGROUND TRAFFIC, ASSIGN A GROWTH RATE, AND THEN LAYER ON THE VARIOUS TRAP TRIP GENERATION USES.

SO SINGLE RESIDENTIAL, RETAIL OFFICE, THEY EACH HAVE RATES THAT WE APPLY.

AND THEN WE DETERMINE WHERE THOSE PEOPLE ARE COMING FROM.

AND THEN WE WILL OVERLAY IT ON ON TRADEMARKS TRAFFIC STUDY.

SO THE CITY OF SOUTHLAKE WILL TAKE THEIR TRAFFIC TRANSPORTATION ENGINEERS AND THEIR PNC TEAM WILL TAKE THE BACKGROUND TRAFFIC.

THEY'LL TAKE THEY'LL OVERLAY THE TRADEMARK TRAFFIC, AND THEN THEY'LL OVERLAY OUR TRAFFIC ON TOP OF THAT.

AND SO TECHNICALLY WE'RE WORKING WITH THEM, BUT THEY'VE ALREADY THAT HORSE HAS LEFT THE BARN.

OKAY. SO THIS IS THIS IS A GO AND YOU'RE A MAYBE VERY MUCH SO.

OKAY. THANKS. THANK YOU. GOOD EVENING. I'M MARY LEE.

A LOT OF PEOPLE HAVE MENTIONED THE TRAFFIC ON HIGHWAY 114, AND WHILE IT'S FRESH ON MY MIND, I WANT TO SAY THAT MANY YEARS AGO. OH, BY THE WAY, MARY LEE ALFORD AND I DO LIVE IN CAROLINE.

MANY YEARS AGO, JUST ANTICIPATING THAT THIS PROJECT WOULD BE FINISHED.

I DID VISIT WITH THE FOLKS AT TEXDOT, THE TEXAS DEPARTMENT OF TRANSPORTATION, TO MAKE SURE THAT THEY WERE AWARE OF THIS, AND THEY HAVE ALREADY DESIGNED NEW TRAFFIC PATTERNS.

THEY HAVE ALREADY HELD ALL OF THEIR PUBLIC MEETINGS.

AND, YOU KNOW, TEXDOT DOESN'T MOVE QUICKLY. AND, BUT ALL THAT DESIGN IS ALREADY IN PLACE.

THEY'VE ALREADY HAD THEIR PUBLIC MEETINGS. THEY'VE ALREADY ANTICIPATED THE TRAFFIC PATTERNS IN THAT, IN THAT AREA. CARL AND I MOVED TO CAROLINE SPECIFICALLY BECAUSE OF THE MIXED USE DEVELOPMENT BEFORE WE BOUGHT OUR LOT.

WE'VE LEARNED THE HARD WAY BECAUSE WE'VE BOUGHT LOTS OF LAND AND BUILT LOTS OF HOUSES THAT YOU BETTER KNOW WHAT'S BEING PLANNED BEFORE YOU MOVE INTO AN AREA.

SO BEFORE WE EVEN BOUGHT OUR LOT, WE WENT TO PLANNING AND ZONING TO SEE WHAT WAS ALREADY PLANNED THERE.

AND WE SAW THAT IN NOVEMBER 2008, CITY COUNCIL HAD APPROVED THE MIXED USE AND THE DENSITY.

AND I LIVE IN ONE OF THOSE VILLA HOMES THAT A LOT OF PEOPLE HATE.

[02:45:03]

I SPENT TO THE PENNY THE EXACT DOLLAR AMOUNT FOR MY TINY LITTLE LOT IN CARROLL ON AS WE DID FOR 220 ACRES.

BUT I WAS WILLING TO DO THAT, NOT TO BUY DIRT IN SOUTHLAKE, BUT TO BUY A LIFESTYLE.

AND THAT LIFESTYLE WAS SOMETHING THAT WE'VE TRAVELED THE WORLD AND WE REALLY LOVE THE OLD WORLD COMMUNITIES IN EUROPE WHERE PEOPLE LIVE, THEY, THEY LITERALLY LIVE, WORK AND PLAY.

SO WE WOULD STAY IN PLACES UPSTAIRS AND WE WOULD GO DOWNSTAIRS AND WE WOULD GET OUR FOOD AND OUR GROCERIES AND SHOPPING.

AND THAT WAS SOMEPLACE THAT WE REALLY, REALLY WANTED.

AND SO THAT WAS ONE OF THE MAIN REASONS WE CHOSE TO MOVE TO CAROLINA.

IT WAS IT, IT WAS ALREADY APPROVED. SO WHO KNEW THAT ALL THESE YEARS LATER, WE WOULD STILL BE WANTING THAT? I WANT TO THANK CITY, THE CITY COUNCIL MEMBERS BEFORE ANY ELECTIONS, I INVITE CITY COUNCIL MEMBERS TO MEET WITH ME. AND AND I TELL THEM ABOUT CAROLINE AND HOW EXTREMELY IMPORTANT IT IS TO FINALLY GET SOMETHING DEVELOPED. AND SO TO HAVE CITY COUNCIL MEMBERS THAT ARE CONCERNED ENOUGH ABOUT.

WE'RE ONLY 2% OF THE POPULATION, BUT WE'RE ABOUT ON AVERAGE, 11% OF THE VOTE FOR SOMEBODY TO BE CONCERNED ENOUGH TO FINISH OUR DEVELOPMENT, TO BE WILLING TO GO AND LOOK AT THE AVALON DEVELOPMENT.

AND I LISTENED TO THE SAME PODCAST THAT SOME OF THE CITY COUNCIL MEMBERS HAVE BECAUSE I DIDN'T, I DON'T, I DIDN'T KNOW YOU, I DIDN'T KNOW ANYTHING ABOUT AVALON.

I, I LIVED THERE, I'M JUST AS CONCERNED AS ANYBODY ELSE IS ABOUT THE QUALITY AND HOW IT'S GOING TO AFFECT MY HOME PRICES YOU KNOW, WHAT'S GOING TO GO ON HERE. AND SO I LISTENED TO ALL THE PODCASTS.

I WATCHED YOU ON YOUTUBE. I LEARNED ABOUT YOU.

I SPENT MY OWN MONEY TO FLY TO AVALON. AND THANK YOU SO MUCH FOR SHOWING ME AVALON.

I STAYED IN THE HOTEL AT AVALON, WHICH WAS SPECTACULAR.

AND BY THE WAY, AS CHAIR OF THE SENIOR ADVISORY COMMISSION, EVERY YEAR WE HAVE DANIEL SANDFORD, WHO IS THE DIRECTOR OF ECONOMIC DEVELOPMENT AND TOURISM, DO A PRESENTATION.

HE JUST DID A PRESENTATION AT OUR MEETING THIS LAST MONTH.

I ASKED HIM QUESTIONS LIKE, CAN WE SUPPORT ANOTHER HOTEL? HIS ANSWER WAS, WE CAN SUPPORT THREE MORE HOTELS.

AND PEOPLE SAY, BUT BUT OUR HOTELS AREN'T BUSY ENOUGH.

HE SAID, NO, JUST BECAUSE YOU DON'T SEE CARS ON THE PARKING LOT DOES NOT MEAN THAT THEY'RE NOT DOING WELL.

THEY ARE DOING WELL. WHAT YOU DON'T SEE ARE THE CONTRACTS WITH THE AIRPORT AND THE AIRLINES AND AND THE SHUTTLES THAT ARE BRINGING PEOPLE TO THE HOTELS. SO WE DEFINITELY NEED AND CAN USE MORE HOTEL MORE OF THE BOUTIQUE, YOU KNOW, HE SAID WHAT WE COULD USE HERE IN SOUTHLAKE IS A LOT OF PEOPLE WANT TO COME HERE FOR PLASTIC SURGERY.

AND, YOU KNOW, SOMETHING KIND OF BOUTIQUEY ALONG THOSE LINES THAT WOULD MARKET TO THAT TYPE OF CLIENTELE.

AND I STAYED IN YOUR HOTEL IN AVALON. IT WAS ABSOLUTELY PHENOMENAL.

GORGEOUS. AND SOMETHING THAT WOULD BE SPECTACULAR.

HERE A LOT OF PEOPLE ARE CONCERNED ABOUT THE SECURITY.

AND I WANT TO ASK YOU, AND I HAVEN'T ASKED YOU THIS YET, I'VE MADE ASSUMPTIONS, BUT ON MY TOUR OF AVALON, I GOT TO SEE THE SECURITY OFFICE AND THE SECURITY PEOPLE.

WOULD YOU HAVE THAT TYPE OF SECURITY IN CELESTE? YES. IDENTICAL. OKAY. SO MY EXPERIENCE WITH THAT SECURITY, YOU TOLD ME THINGS, BUT I LIKE TO RESEARCH STUFF MYSELF. AND SO YOU TOLD ME THAT EVERY MORNING BETWEEN 8:00 AND 10:00.

THAT IS WHEN ALL THE LANDSCAPING AND CLEAN UP AND THOSE TYPES OF THINGS HAPPEN SO THAT WHEN THE BUSINESS IS OPEN AT 10:00, IT'S PRISTINE, LIKE DISNEYLAND DOES PRISTINE STUFF.

SO I WANTED TO SEE THAT FOR MYSELF. AND SO I GOT UP EARLY, I GOT MY STARBUCKS COFFEE, I WALKED THE STREETS, AND SURE ENOUGH, THERE WERE PEOPLE TRIMMING SHRUBS.

THERE WERE POWER WASHERS. IT WAS JUST CRAZY TO, TO SEE ALL THAT HAPPENING.

AND AT 10:00, THEY WERE GONE. AND THAT PLACE WAS PRISTINE.

WHILE I'M WALKING AROUND THAT MORNING A BIG WHITE VAN CAME THROUGH AVALON.

[02:50:08]

ONE GOT BEHIND AND ONE GOT IN FRONT, AND THEY GOT THE GUY OUT.

AND APPARENTLY, YOU KNOW, HE WAS SHOWING PAPERWORK, SO IT LOOKED LIKE THEY WERE JUST SAYING, YOU KNOW, WHAT ARE YOU DOING HERE? AND SO WE ALSO WATCHED YOUR SECURITY TEAM ESCORT THAT TRUCK OUT.

IN YOUR SECURITY OFFICE, I SAW A GIANT WALL WITH LOTS OF TVS AND SEVERAL SECURITY STAFF CONSTANTLY WATCHING WHAT WAS GOING ON TO MAKE SURE EVERYTHING WAS SAFE AND SECURE.

SO THESE PEOPLE THAT ARE WORRIED ABOUT DRUGS BEING DEALT OR WHAT ALL WAS GOING ON, THEY DON'T UNDERSTAND THE KIND OF SECURITY THAT WOULD KEEP SOMETHING LIKE THAT FROM HAPPENING. SO I JUST, I WANTED TO ADDRESS THAT REGARDING YOU KNOW, I KNOW, I UNDERSTAND THE LOVE OF WATCHING COWS BUT WHAT HAPPENED FIRST, THE APPROVAL FOR THE MIXED USE DEVELOPMENT THAT WAS ALWAYS PLANNED TO BE THERE SINCE NOVEMBER 2008, OR THE HOUSES BEING BUILT IN THE VILLA DISTRICT.

THE APPROVAL OCCURRED FIRST. AND SO I UNDERSTAND WANTING TO SEE MOTHER NATURE AND THAT TYPE OF THING.

BUT BEFORE THEY EVEN MOVED INTO CARILLION, MIXED USE WAS ALREADY DEVELOPED.

AND QUITE FRANKLY, MOTHER NATURE SOMETIMES IS CRUEL.

I MEAN, WE EVEN HAD AN EVENT WHERE A COW WAS SUFFERING IN THE PASTURE.

PEOPLE LINED UP ALONG THE FENCES. THEY WERE FREAKING OUT.

WE HAD TO CALL THE POLICE. THE POLICE HAD TO KILL THE COW AND PUT THE COW DOWN.

SO, YOU KNOW, THERE'S GOOD THINGS. YOU CAN SEE THERE. THERE'S BAD THINGS. BUT ALL TOGETHER IT WAS PLANNED TO BE A MIXED USE DEVELOPMENT, WHICH IS WHY WE MOVED THERE. WHEN YOU WALK THROUGH CAROLINE WHEN YOU WALK THROUGH AVALON.

I LOVE THAT YOU HAD THIS LARGE MEDIAN WHERE YOU HAVE WHAT YOU CALL THE JEWEL BOXES.

THOSE ARE YOUR RESTAURANTS. THEY'RE BEAUTIFUL.

BOUTIQUE SHOPS. YOU'VE GOT A JEWELRY STORE SELLING ROLEX WATCHES, BUT THERE'S A BIG SIGN THAT SAYS THE ROLEX COMPANY IS BUILDING A THEY'RE HAVING A THEIR OWN SPECIAL SPACE THERE. SO YOU'RE ATTRACTING THE REAL HIGH QUALITY, HIGH LEVEL TYPE OF RETAIL THAT I THINK SOUTHLAKE REALLY WANTS. THE JEWEL BOXES GOING DOWN THE MEDIAN.

IT WAS AN AMAZING EXPERIENCE BECAUSE YOU HAVE OUTDOOR SPACES THAT ARE CALLED LIVING ROOMS AND DINING ROOMS AND AND SO IT REALLY WAS A COMMUNITY SPACE. YOU HAVE EVERYTHING SHADED THERE.

AND, AND WE TALKED ABOUT HOW EXTREMELY IMPORTANT OUR TREES ARE HERE, BUT YOU HAVE TREES, YOU HAVE SUNSHADES, YOU HAVE ARBORS. UNDER THOSE THINGS. YOU HAVE BENCHES, YOU HAVE COMMUNITY SEATING AREAS.

IT'S NOT JUST A HARD BENCH NEXT TO A RETAIL SHOP.

YOU HAVE PLACES WHERE PEOPLE COME AND GENUINELY EXPERIENCE COMMUNITY.

THESE BENCHES, MANY OF THEM HAVE CUSHIONS ON THEM, WHICH, BY THE WAY, ARE WASHED AND CLEANED EVERY MORNING BEFORE PEOPLE, YOU KNOW, BY 10:00. AND SO JUST WALKING AROUND ONE MORNING AT BREAKFAST, KARL AND I SAT IN FRONT OF A RESTAURANT WASN'T OPEN YET, BUT WE SAW A GROUP OF GENTLEMEN JUST SITTING, A OLDER GENTLEMAN JUST SITTING THERE AND CHATTING.

AND IT TURNS OUT THAT THESE GUYS DO THIS EVERY MORNING, AND THEY'VE DONE IT FOR YEARS.

THEY HAVE FOUND THEIR COMMUNITY, THE THEY LIVE IN THE APARTMENTS, BUT THEY COME DOWN AND THEY CHAT WALKING AROUND AT NIGHT.

I GOT TO MEET THE LADY YOU'VE YOU'VE TALKED ABOUT A CAROL VERY ELEGANT, CHARMING 89 YEAR OLD WOMAN EXTREMELY HIGH CLASS. AND SHE SHARED WITH ME THAT SHE HAD LIVED IN A RETIREMENT HOME.

BUT SHE WANTED MORE MULTI-GENERATIONAL EXPERIENCES.

SHE DIDN'T WANT TO JUST STAY IN A ROOM IN A BUILDING.

AND SO SHE EVERY DAY SHE COMES OUT, SHE GETS DRESSED UP, SHE WALKS AROUND.

THAT'S HER COMMUNITY. WHILE I WHILE WE WERE WITH YOU, WE BUMPED INTO BRANDON BEACH, THE UNITED STATES TREASURER. THAT'S THE KIND OF PEOPLE THAT ARE HANGING OUT IN AVALON.

AND WHAT RELEVANCE IS THAT? EXCUSE ME, SIR, WOULD YOU PLEASE SUGGEST.

[02:55:02]

I HEARD WORDS LIKE RIFF RAFF OR, YOU KNOW, OH MY GOD, WHAT ARE THESE PEOPLE GOING TO ATTRACT? THE RELEVANCE IS I'M SHARING WHAT KIND OF PEOPLE I EXPERIENCED THAT WERE ATTRACTED TO AVALON AND LIVING IN IN THE APARTMENT.

SO THERE IS RELEVANCE TO THAT STATEMENT. LET'S SEE WHEN YOU, BECAUSE OF THE BEAUTY AND THE TREES AND EVERYTHING THAT'S AROUND, YOU DON'T EVEN SEE OR NOTICE THE APARTMENTS.

IT HAS TO BE REALLY POINTED OUT TO YOU. SO I DID APPRECIATE THAT.

I ALSO ENJOYED THE IDEA THAT THERE WAS A CONCIERGE DESK AND THE CONCIERGE DESK PROVIDES SERVICES TO THE PEOPLE THAT LIVE THERE.

AND A QUESTION FOR YOU. WILL THERE BE A CONCIERGE DESK SIMILAR TO AVALON THAT WILL PROVIDE THE SAME KIND OF SERVICES TO THE PEOPLE THAT LIVE THERE? ACTUALLY, THE CONCIERGE AVALON PROVIDE SERVICES TO ANYONE.

BUT IDEALLY, IF YOU'RE IF YOU'RE AN A, A RESIDENT IN HAVEN OR VERANDA, WHICH ARE OUR LUXURY RESIDENTIAL COMMUNITIES, YOU CAN CALL ANY ONE OF YOUR RESTAURANTS, ORDER A PITCHER OF MARGARITAS FROM SUPER RICA, AND CONCIERGE WILL DELIVER IT TO YOUR UNIT.

OKAY. I'M ONE. ALL RIGHT. YOU SAID THAT THEY'LL DELIVER EVERY ANYONE.

I'M ONE STREET OVER. YES. DO YOU THINK I COULD CALL? THAT MIGHT BE A REACH. OKAY. MAYBE. YEAH, HONEY, WE'LL MAKE AN EXCEPTION FOR YOU.

YOU CAME TO AVALON? I DON'T THINK ANYONE ELSE HERE DID.

YOU TOOK IT ON YOUR INITIATIVE TO UNDERSTAND WHAT IT IS WE'RE TALKING ABOUT.

AND GO SEE AND TOUCH AND FEEL IT. IT'S MY NEIGHBORHOOD.

I'M CONCERNED ABOUT IT. AND I'M GOING TO TELL A QUICK STORY.

I'M MARY LEE. WHEN MARY LEE TOLD ME SHE WAS GOING TO COME TO AVALON SHE CALLED ME OUT OF THE BLUE AND SAID, HEY, I LIVE IN CAROLINE. I'M CONCERNED ABOUT THIS.

I'VE BEEN ENGAGED IN THE CAROLINE COMMUNITY. I WAS THE FIRST HOA PRESIDENT RIGHT WHEN IT WAS FIRST FOUNDED.

AND I'M GOING TO BE HEAVILY IMPACTED BY THIS AND I'M GOING TO TAKE THE INITIATIVE TO COME SEE YOU.

WOULD YOU HAVE ME? I WALKED INTO THE HOTEL AT AVALON, AND MARY LEE SAID TO ME FIRST THINGS OUT OF HER FIRST WORDS OUT OF HER MOUTH WERE, TODAY'S APARTMENTS ARE TOMORROW'S GHETTO. I SAID, GIVE ME A MINUTE.

WE WALKED OUT OF THE FRONT DOOR OF THE HOTEL, WALKED ABOUT MAYBE 40 YARDS, AND WALKED INTO THE LEASING OFFICE OF VERANDA AT AVALON, WHICH IS A 276 UNIT APARTMENT COMMUNITY BUILT ABOVE RETAIL ON THE BOULEVARD WITH A CLASS A OFFICE BUILDING ACROSS THE STREET AND ON THE FRONT STREET, AND A 333 KEY FOUR STAR HOTEL ON THE SIDE STREET.

WE MET RESIDENTS. WE TALKED TO THE LEASING TEAM.

WE LOOKED AT APARTMENTS SIX HOURS LATER. THIS MAY BE SLIGHT EMBELLISHMENT BECAUSE WE SPENT SOME TIME WITH MY WIFE AND CARL ON THE ROOFTOP AT THE CAPE, HAD A FEW COCKTAILS. MARY LEE AND MY WIFE, NANCY, WERE ARM IN ARM, SKIPPING DOWN AVALON BOULEVARD BACK TO THE HOTEL SINGING. THIS COCKTAIL ON TOP OF THE BAR HAD A LITTLE.

THERE YOU GO. THIS HAS TO BE EXPERIENCED. AND IT'S LIKE.

AND I'VE DESCRIBED THIS TO MANY COMMUNITIES ALL OVER AMERICA.

IT'S LIKE DESCRIBING A SUNSET TO A BLIND MAN.

WE CAN SHOW YOU ALL THE PICTURES AND ALL THE VIDEOS AND ALL THE EXPERIENCES AND ALL THE WE.

IF YOU WALK INTO MY OFFICE, YOU'LL SEE A WALL OF PHOTOGRAPHY IN MY CONFERENCE ROOM.

NOT A SINGLE PHOTO HAS A BUILDING IN IT, EXCEPT AS A BACKGROUND TO WHAT WE CALL HAPPY PEOPLE DOING FUN STUFF.

WE CREATE EXPERIENCES. WE BUILD COMMUNITY. IT IS VERY DIFFICULT FOR ME TO EXPLAIN IT TO YOU WITH A VIDEO OR A PHOTOGRAPH.

I INVITE ANY OR ALL OF YOU TO COME EXPERIENCE WHAT MARY LEE EXPERIENCED, EXPERIENCED, WHAT YOUR CITY LEADERS EXPERIENCED, AND WHY I AM HERE. I RECOGNIZE I SEE A FEW PEOPLE SHAKING THEIR HEADS, I GET IT.

YOU'RE FIXED IN YOUR MINDSET. BUT IF YOU'RE ABLE, COME FREE.

IT'S A WIDE OPEN INVITATION. EXPERIENCE WHAT MARY LEE EXPERIENCED.

EXPERIENCE WITH THE CITY LEADERS EXPERIENCE AND UNDERSTAND WHY IT IS THAT WE'RE HERE SUGGESTING TO YOU THAT THIS IS SOMETHING YOU SHOULDN'T BE FEARFUL OF.

SORRY, MARY LEE. NO, THAT THAT THAT'S VERY VALID.

IT WAS. YOU'RE RIGHT. IT'S DEFINITELY SOMETHING THAT NEEDS TO BE EXPERIENCED TO UNDERSTAND IT.

SO I'M VERY GLAD THAT I DID MAKE THAT TRIP. AND BY THE WAY, YOU DIDN'T INVITE ME.

I TOOK THAT ON MYSELF. I KNOW THAT. AND BECAUSE, YOU KNOW, MY, MY HOME IS THERE AND I AM VERY CONCERNED,

[03:00:08]

I THINK YOU'VE HEARD LOUD AND CLEAR THAT QUALITY IS EXTREMELY IMPORTANT HERE.

WHEN WE WHEN WE WERE THINKING ABOUT MOVING INTO SOUTHLAKE, WHICH WE DID, WE BOUGHT OUR LOT IN 2013.

HOWEVER, MY HUSBAND HAS A BUSINESS HERE IN SOUTH LAKE THAT EMPLOYS ABOUT 100 PEOPLE AND HIS, HIS BUSINESS HAS BEEN, HE'S HAD HIS BUSINESS FOR OVER 33 YEARS.

SO WE WANTED TO BE IN, WE WANTED TO GET OFF THAT 220 ACRES BECAUSE WE'RE AGING AND WE HAVE DIFFERENT NEEDS AS AGING SENIOR CITIZENS. AND SO THE BIG LOT, THE GIANT HOUSE THAT WAS NOT SUITABLE, WHICH IS WHY WE WANTED TO BE IN CAROLINE WITH A, WITH ALL THE DENSITY. LET'S SEE.

SORRY. I JUST WANT TO MAKE SURE I'VE COVERED EVERYTHING.

OKAY. WHEN I'VE LISTENED TO YOUR PODCAST, YOU'VE MADE CERTAIN STATEMENTS THAT I WANTED TO RESEARCH MYSELF.

YOU KNOW, PEOPLE SAY THINGS, BUT HOW DO YOU REALLY KNOW? RIGHT? SO I WOULD ASK AI AND I KNOW THAT THERE'S SOME POSSIBILITY OF SOME MISTAKES WITH AI, BUT I WOULD ASK QUESTIONS IN SOME OF YOUR PODCASTS, I BELIEVE YOU SAID SOMETHING ABOUT MORE MILLIONAIRES ARE RENTING APARTMENTS THAN EVER BEFORE. SO IF YOU ASK AI IF THAT, YOU KNOW, ARE MORE MILLIONAIRES RENTING APARTMENTS, IT TALKS ABOUT THE DRASTIC INCREASE IN MILLIONAIRES RENTING RENTING MORE APARTMENTS, OUR MORE SENIOR CITIZENS SELLING THEIR HOMES IN RENTING.

AND THE ANSWER IS YES. AND THERE'S A HUGE VARIETY OF REASONS FOR THAT.

AND I DON'T NEED TO STAND HERE AND JUST READ ALL OF THIS.

I THINK PEOPLE SHOULD DO WHAT I DID AND START DOING RESEARCH FOR THEMSELVES BECAUSE THINGS, THINGS ARE CHANGING. DEMOGRAPHICS ARE CHANGING.

WE HAVE A BECAUSE OF BABY BOOMERS, WE HAVE AN AGING POPULATION IN AMERICA.

THERE'S A TERM CALLED NORCS, NATURALLY OCCURRING RETIREMENT COMMUNITIES.

AND SOUTHLAKE IS ONE OF ONE OF THOSE THE CITY OF SOUTHLAKE HIRES FIRMS, CONSULTING COMPANIES TO PROVIDE DATA FOR THEM. AND THEY, IN THE PAST, THEY HIRED A FIRM CALLED ESRI AND THE DEMOGRAPHIC DATA SHOWED THAT BY 2023, I'M STILL LOOKING FOR SOME MORE UP TO DATE DATA.

THAT 30 ABOUT 37% OF THE POPULATION OF SOUTHLAKE WILL BE OR WOULD OR IS 55 AND OLDER. THESE ARE YOUR EMPTY NESTERS, YOUR BABY BOOMERS, THE A HUGE YOU KNOW, A THIRD OF THE POPULATION OF SOUTHLAKE THAT OUR NEEDS ARE CHANGING AND AND, AND THERE ARE REASONS WHY PEOPLE ARE STARTING TO, TO RENT NOW MORE THAN EVER.

SO I JUST ASK THE PEOPLE THAT ARE TOTALLY AGAINST THIS TO PLEASE DO SOME RESEARCH.

I QUALITY IS EXTREMELY IMPORTANT HERE. THE TRAFFIC LIGHTS, SCREEN QUALITY, ALL THE TREES ALONG OF OUR, ALONG OF OUR OUR HIGHWAY SCREEN QUALITY, THE TYPE OF HOUSES THAT ARE BEING BUILT HERE, SCREEN QUALITY.

AND WHAT I SAW WHEN I VISITED AVALON, IT SCREAMS QUALITY.

SO THANK YOU, THANK YOU. AND JUST REAL QUICK, BEFORE WE GET TO OUR NEXT SPEAKER, I KNOW WE'RE GETTING TO THE TAIL END OF THE SPEAKERS HERE, BUT I JUST WANT TO REMIND THE AUDIENCE ABOUT MAINTAINING A PROPER DECORUM AND AVOIDING INTERRUPTING.

AND SO I JUST REALLY APPRECIATE YOUR COOPERATION. THANK YOU.

ONE, ONE QUICK QUESTION. FIRST OF ALL, I DON'T THINK SOUTHLAKE PEOPLE ARE FEARFUL OF APARTMENTS.

WE JUST DON'T WANT OUR QUALITY OF LIFE TO CHANGE.

AND I DON'T THINK THAT'S A LOT TO ASK. WE ALL MOVED HERE FOR A CERTAIN REASON.

WE'RE GOING TO STAY HERE FOR A CERTAIN REASON. AND I DON'T CARE HOW OLD I GET.

I'M NEVER GOING TO RENT AN APARTMENT. YOU HAVE TO CARRY ME OUT IN A BOX FROM MY HOUSE.

SO THAT'S THAT. CAN I EXCUSE ME? I'M SORRY TO INTERRUPT, BUT I HAVE A QUESTION.

SURE. WHAT IS IT THAT MAKES YOU THINK YOUR QUALITY OF LIFE IS GOING TO CHANGE AND DEGRADE? I ASSUME FOR YOUR. I'M SORRY. SAY AGAIN. YOUR YOUR QUALITY OF LIFE WOULD BE DEGRADED BY ALLOWING CELESTE TO BECOME THE.

IT'S JUST A NATURAL PROGRESSION. THE MORE PEOPLE YOU HAVE, THE MORE FRIENDS THEY HAVE, THE MORE VISITORS YOU BRING.

YOU CAN END UP WITH THOUSANDS OF ADDITIONAL PEOPLE.

YOU KNOW, YOUR CRIME RATE IN FLORIDA IS NICE AS A TOWN AS IT MAY BE, IS SUBSTANTIALLY HIGHER THAN IN SOUTHLAKE.

[03:05:06]

THEY HAVE FRIENDS, ETC. YOU KNOW, YOU CAN'T YOU HAVE YOU HAVE A SECURITY OFFICE FOR A REASON.

YOU KNOW, THERE ARE GOING TO BE PEOPLE THERE WHO AREN'T GOING TO BE, AS YOU KNOW, UP AND UP, LET'S SAY, AS SOME OTHER PEOPLE. OH, I'M SORRY.

IF YOU HAVE AGAIN, ANYBODY, I'M GOING TO INVITE THIS.

I'M SORRY. YOUR NAME? PAUL. PAUL. I'M GOING TO INVITE PAUL SPECIFICALLY TO COME TO AVALON TO TALK ABOUT QUALITY OF LIFE. YOU'RE TALKING ABOUT MY QUALITY OF LIFE.

I PERSONALLY LIVED THERE, AND I DON'T LIVE THERE BECAUSE I DEVELOPED IT.

I DIDN'T LIVE THERE. WHEN I DEVELOPED IT. I WENT AND BOUGHT THE HOUSE THAT I SOLD FOR X.

BOUGHT IT FOR TWO X. THE HOUSE ACROSS THE STREET CAME UP FOR SALE.

MY WIFE HAD COVERED IT FOR EVER. BOUGHT IT FOR THREE X.

WHAT WE SOLD THAT LIFESTYLE. THAT QUALITY OF LIFE EXCEEDS ANYTHING I'VE EVER EXPERIENCED.

I'VE LIVED A LOT OF DIFFERENT PLACES IN MY LIFE.

I'M. GRANTED, I'M NOT OBJECTIVE, BUT YOU CAN TALK TO MY NEIGHBORS, CAROLYN AND JACK, OR YOU CAN TALK TO CAROL.

WHOO HOO! MARY LEE MENTIONED. OR MY FRIEND'S FRIEND BIANNA, WHO JUST HAD A BABY THERE.

WHO'S GOING TO LIVE THERE AS LONG AS SHE CAN? THIS MAKING A SUGGESTION, A SUPPOSITION, AN ASSUMPTION THAT BECAUSE PEOPLE WHO CHOOSE TO RENT THEIR HOME INSTEAD OF BUY IT ARE GOING TO SOMEHOW IMPACT YOUR LIFESTYLE IS A REACH FOR ME.

AND I AND I COME FROM A PLACE OF KNOWLEDGE BECAUSE I DO LIVE THERE.

I DO LIVE RIGHT ACROSS THE STREET FROM 526 APARTMENTS AND TO MY KNOWLEDGE, RIFF RAFF IS NOT WHO LIVES THERE.

SO I'M JUST STRUGGLING WITH ALL OF THE STATEMENTS THAT ARE BEING MADE FROM THAT ARE STATEMENTS THAT ARE APPARENTLY A FACT. THAT IS NOT A FACT. SO EXCUSE ME, WOULD YOU? YES. WE HAVE SECURITY HERE. PLEASE. PLEASE DON'T.

FIRST OF ALL, OKAY. IT'S IMPORTANT THAT WE MAINTAIN PROPER DECORUM.

WE ARE RECORDING THIS MEETING, AND WE WANT TO CATCH EVERYBODY'S COMMENTS ON THE RECORD. THANK YOU.

YOU EVEN SUGGEST CALLING SECURITY ON SOMEONE WHO LIVES IN OUR TOWN IS SHOWS THAT THAT'S NOT THE MINDSET WE HAVE.

I APOLOGIZE. DON'T INTERRUPT ME. MY APOLOGIES.

MY APOLOGIES. I'M SORRY. OKAY. HE SAID MY APOLOGY.

THANK YOU. I SAW YOU CROSS YOUR FINGERS. SECONDLY, YOU KNOW, I GREW UP IN BEVERLY HILLS, AND WHEN I WAS YOUNGER, WE HAD, YOU SOME APARTMENTS, BUT AS LIFE PROGRESSED THERE, THEY BUILT MORE APARTMENTS, GOT MORE, AND CRIME EXPONENTIALLY GOT HIGHER. AND YES, IT'S NEAR MAJOR CITY.

IT'S A PART OF LOS ANGELES. BUT YOU KNOW, WE HAVE THE BEST POLICE FORCE, BEST SCHOOLS, BEST SECURITY, EVERYTHING. AND YOU COULDN'T KEEP THE DRUG DEALERS OUT.

YOU COULDN'T KEEP THE PEOPLE WHO WOULD STEAL CARS OUT.

THEY HAD FRIENDS. YOU KNOW, YOU CAN'T CONTROL EVERYTHING.

AND THE WAY YOU'RE PROPOSING IT IS LIKE, WE CAN CONTROL THIS WITH A SECURITY OFFICE.

OR IN GEORGIA, WE DO THIS. OBVIOUSLY, YOU SERVE GREAT COCKTAILS.

YOU GOT A 30 MINUTE DIATRIBE FROM HER. SO, YOU KNOW, WE DON'T HAVE THAT.

YOU KNOW, WE DON'T HAVE THAT PROBLEM HERE. AND THE OTHER QUESTION I HAVE IS A LOT OF PEOPLE HAVE ASKED WHAT YOUR RENTAL RATES ARE GOING TO BE FOR THE APARTMENTS.

AND CORRECT ME IF I'M WRONG, YOUR RESPONSE IS YOU'RE NOT SURE YOU HAVEN'T SET THOSE.

IS THAT CORRECT? THAT'S CORRECT. OKAY. I WOULD ANTICIPATE THEY'D BE ANYWHERE BETWEEN 5 AND $7000 TO START.

OKAY. NOW, YOU SAID YOU'VE SPOKEN TO YOUR LENDERS AND THEY KNOW.

I HAVE NEVER SAID I'VE SPOKEN TO MY LENDERS. I HAVE SAID THAT THERE IS AN INSTITUTIONAL INVESTOR WHO HAS CHOSEN SOUTHLAKE TO INVEST WITH US BECAUSE THEY BELIEVE THIS IS A GENERATIONAL ASSET. THAT IS WHAT I SAID. I DID NOT SAY I SPOKE WITH OKAY.

THAT BEING SAID, YOU HAVE SPOKEN IN THE PAST ON DIFFERENT PROJECTS AND DIFFERENT LENDERS.

THIS LENDER OBVIOUSLY DIFFERENT FROM OTHER ONES.

ARE YOU TELLING US THAT YOU WOULD PROPOSE AND SPEND THIS MUCH TIME AND EFFORT PUTTING TOGETHER A, YOU KNOW, A PACKAGE AT A PRESENTATION LIKE THIS WITHOUT EVEN HAVING PENCILED OUT A NUMBER? I MEAN, IF I WERE AN INSTITUTIONAL LENDER OR A PRIVATE LENDER, I'D SAY, GREAT, LET ME SEE YOUR NUMBERS.

BECAUSE HOW DO YOU, WHEN YOU SAY, OH, WE DON'T HAVE NUMBERS FOR THE APARTMENTS, THEN HOW DO YOU KNOW THE WHOLE PROJECT IS EVEN VIABLE? HOW DO YOU KNOW IT'S NOT A NEGATIVE CASH FLOW PROPERTY IF YOU HAVEN'T SAT DOWN AND PENCILED OUT EVERY EXPENSE, EVERY ITEM OF INCOME FROM THE RETAIL, FROM YOUR TRIPLE NET CHARGES, FROM THE UNITS, FROM MAINTENANCE, ETC.

VACANCIES. HOW DO YOU KNOW THAT IT'S EVEN A VIABLE PROJECT? IF YOU SAY YOU HAVEN'T LAID OUT A, YOU KNOW, A PRINCIPAL INCOME EXPENSE STATEMENT.

THIS ISSUE OF SEEKING APPROVAL FROM THE CITY OF SOUTHLAKE IS THRESHOLD.

[03:10:04]

AND I THINK A LOT OF PEOPLE HAVE SUGGESTED IT TO ME THAT DON'T SPEND ANY MORE MONEY IN TIME. GO HOME.

BEFORE WE DO THAT. WE'VE GOT TO KNOW WITH A RELATIVELY HIGH DEGREE OF CERTAINTY THAT WE'RE GOING TO GET SUPPORT FOR THIS PROPOSAL TO BRING THIS PLACE TO THIS COMMUNITY. OKAY. BUT WHEN YOU MAKE A PROPOSAL AND YOU SAY YOU WANT TO MAKE SURE THAT IT GETS SUPPORT, DON'T YOU EVEN PUT ON THE BACK OF A NAPKIN TO SEE IF IT'S EVEN GOING TO MAKE YOU MONEY? YES. OBVIOUSLY, YOU'RE NOT IN THIS FOR YOUR HEALTH. YES.

THAT'S CORRECT. SO HAVE YOU PUT THAT OUT? I MEAN, HAVE YOU PUT THAT TOGETHER? I HAVE A BACK OF THE ENVELOPE. OKAY. SO YOU KNOW HOW MUCH THESE APARTMENTS ARE GOING TO RENT FOR.

NO. OKAY. SO YOU PUT EVERYTHING ELSE TOGETHER, BUT THAT COMPONENT.

NO, I HAVEN'T DONE ANY OF THE OTHER I HAVEN'T, I DON'T I DON'T KNOW WHAT THE RETAIL RENTS ARE GOING TO BE. I DON'T KNOW WHAT THE OFFICE RENTS ARE GOING TO BE. I DON'T KNOW WHAT THE HOTEL RATE RATES ARE GOING TO BE.

I DON'T KNOW WHAT THE FITNESS CLUB IS GOING TO PAY IN RENT. BUT I DO KNOW THAT AT THIS RELATIVE DENSITY, THIS PROJECT WILL WORK ON THIS LAND VALUE IN THIS DEMOGRAPHIC THAT I KNOW.

OKAY. IT JUST SEEMS VERY UNUSUAL TO ME THAT YOU WOULD NOT.

WELL, WHAT'S YOUR. FORGIVE ME, PAUL, WHAT'S YOUR BUSINESS? REAL ESTATE. OKAY. SO THEN YOU KNOW WHAT I YOU KNOW WHAT I DO.

THAT'S CORRECT, I DO. SO YOU'RE YOU DO YOU DO WHAT I DO.

AND MY FAMILY HAS A LARGE SPACE IN THIS. OKAY.

A LARGE ONE. SO GREAT. I KNOW ABOUT WHAT I'M TALKING ABOUT.

EVERYBODY PUT TOGETHER BEFORE. I DON'T CARE IF YOU'RE BUYING A DUPLEX OR A HIGH RISE BEFORE YOU EVEN GO TO YOUR LENDER, YOU'RE GOING TO SAY, CAN I MAKE MONEY? AND THEN YOU INPUT DIFFERENT INTEREST RATES, DIFFERENT TERMS. CAN I MAKE IT? DO I NEED TO PUT THIS MUCH DOWN THAT MUCH? DO I NEED TO GET IT FOR SUCH A PRICE? HOW MUCH IS IT GOING TO COST ME PER SQUARE FOOT? AND THE FACT THAT YOU SAY YOU DON'T EVEN HAVE A PROFORMA FOR YOURSELF.

IT JUST DOESN'T SMELL RIGHT. BUT EVERYBODY'S DIFFERENT.

THANK YOU, THANK YOU. HI, MARK. HI. MY NAME IS LACEY MALLOY, PRESIDENT OF 14 YEARS. AND I JUST HAVE A FEW QUICK QUESTIONS FOR YOU.

I WILL NOT BE LONG. WHO SPECIFICALLY REACHED OUT FROM THE CITY? I THINK YOU SAID YOUR INITIAL COMMUNICATION CAME FROM THE CITY OF SOUTHLAKE TO YOU, AUSTIN REYNOLDS.

OKAY. AND THAT'S PUBLIC KNOWLEDGE. I'M NOT REVEALING THAT HERE TONIGHT.

HE'S SHARED THAT ON HIS FACEBOOK PAGE AND THAT'S OKAY.

AND BY THE WAY, THAT'S NOT UNCOMMON. WE'VE BEEN RECRUITED BY LOTS OF COMMUNITIES ACROSS THE US, AND INVARIABLY IT'S THE DIRECTOR OF ECONOMIC DEVELOPMENT OR ONE OF THE ELECTED OFFICIALS.

ABSOLUTELY. WHO ALL ATTENDED THE AVALON MEETING FROM THE CITY OF SOUTHLAKE.

MAYOR. MCCASKILL. COUNCIL MEMBER. TALLEY. COUNCIL MEMBER REYNOLDS AND ALISON.

ORTOWSKI. THE CITY MANAGER WAS EVERY COUNCIL MEMBER INVITED OR AWARE OF THE MEETING? KNOW WHY NOT? I DON'T KNOW. OKAY. AND WHO'S YOUR INSTITUTIONAL LENDER THAT YOU KEEP REFERRING TO? I, WELL, I CAN'T REVEAL THAT. ARE THERE ANY TIES TO THE CITY OF SOUTHLAKE? NO. OKAY. ALL RIGHT. THAT'S ALL I GOT. THANK YOU.

GOOD EVENING. GOOD EVENING. MY NAME IS ANANT MALLAVARAPU.

I LIVE AT I LIVE AT 825 EASTER ROAD IN MY OWN ESTATE.

I'M ONLY A FIVE MINUTES WALK FROM THIS SPACE WHICH YOU ARE PLANNING TO DEVELOP.

I WOULD LOVE TO HAVE A COFFEE SHOP WHERE I CAN WALK THERE ON A SUNDAY MORNING OR A SATURDAY MORNING AND ENJOY IT PERFECTLY FINE FOR ME, BUT WE DON'T WANT HIGH DENSITY. I'LL TELL YOU.

I USED TO LIVE IN VALLEY RANCH IN COPPELL AREA.

I MOVED TO SOUTHLAKE TEN YEARS BACK. THE REASON I MOVED FROM COPPELL VALLEY RANCH AREA TO SOUTH LAKE IS THERE WAS A DEVELOPMENT KNOWN AS CYPRESS WATERS.

I DON'T KNOW WHETHER YOU HEARD OF IT OR NOT. CYPRESS WATERS IS A HUGE DEVELOPMENT.

A LOT OF TRAFFIC. TOO MANY APARTMENTS. YOU KNOW, THE QUALITY.

QUALITY OF LIFE WENT DOWN. SO I CAME IN SEARCH OF A CLEAN OXYGEN.

BECAUSE THERE IS 139 ACRES OF OPEN SPACE AND PARKS IN SOUTH LAKE.

WE EVERY DAY WE GO TO LAKE TO ENJOY THE SUNSET AND SUNRISE, YOU KNOW? THAT'S THE KIND OF LIFESTYLE WE STILL HAVE. THE DEER, THE DUCKS CROSSING OUR ROAD.

YOU KNOW, WE STOP FOR THE DAYS, WE STOP FOR THE DUCKS WHEN THEY ARE CROSSING THE ROADS.

THAT'S THE KIND OF LIFESTYLE, THE RURAL LIFESTYLE WE HAVE BEEN ENJOYING.

AND I HAVE FRIENDS AND FAMILY IN INCOME IN ALPHARETTA, JOHNSON CREEK.

THOSE TOWNS ARE NO WAY IT'S A COMPARISON TO SOUTHLAKE, BUT I WOULD LOVE IF YOU DEVELOP SOMETHING LIKE, YOU KNOW, A HIGH END HOTEL, YOU KNOW, HIGH END BOUTIQUE SHOPS, HIGH END RESTAURANTS, YOU KNOW, HIGH END COFFEE SHOPS, SOME CONCEPT PLAN WORLD WITH AI WORLD HAS EVOLVED SO MUCH.

WE CAN COME UP WITH A REAL BEAUTIFUL CONCEPT PLANS WITHOUT APARTMENTS.

I'M TELLING YOU, IF YOU ARE CONCERNED ABOUT DENSITY, NUMBER OF PEOPLE WHO SUPPORT THE BUSINESSES WHO HAVE FIDELITY INVESTMENTS WITH 5000

[03:15:03]

THERE ARE 15,000 TO 20,000 EMPLOYEES WITHIN A COUPLE OF MILES, A COUPLE OF MILES AWAY FROM THE SPACE WHERE IF YOU HAVE BOUTIQUE HOTEL OR CONCEPT RESTAURANTS, SOMETHING LIKE THAT. I MEAN, HIGH END SHOPS, PEOPLE WILL COME AND SHOP THERE.

OTHERWISE ALL THOSE. MY FAMILY WORKS AT FIDELITY, BY THE WAY.

ALL MY FAMILY WORKS AT FIDELITY, SO IT'S ONLY A COUPLE OF MILES FROM THERE. EVERYBODY GOES TO EITHER GRAPEVINE OR ARGUING OR FURTHER TO HAVE THEIR LUNCH TO SHOP THERE.

RIGHT NOW SOME OF THEM COME TO TOWN CENTER. SO IF YOU HAVE HIGH END VALUABLE BOUTIQUE SHOPS AND RESTAURANTS, CONCEPT PLAN PEOPLE WILL STILL COME AND SUPPORT EVEN THOUGH THEY DON'T LIVE IN SOUTHLAKE.

THERE'S ENOUGH EMPLOYMENT CLOSE BY, SO THEY COME AND SUPPORT THE CONCEPT YOU DEVELOP.

EXCEPT THAT APARTMENT HIGH END, YOU KNOW, THE HIGH DENSITY PORTION.

EVERYTHING ELSE WILL LOVE IT. YOU KNOW, WE WANT IT TO BE DEVELOPED. WE WANT TO ENJOY WHERE WE CAN WALK TO THE, YOU KNOW, SHOP WHERE WE CAN WALK AND SHOP AND, YOU KNOW, ENJOY THE RESTAURANTS, DINE THERE.

WE CAN DO ALL THAT. BUT RIGHT NOW, MY MAJOR CONCERN IS THE TRAFFIC MORNING, 7 TO 10, EVENING, 4 TO 7. SINCE I LIVE ON THE ROAD, I DON'T EVEN COME OUT BECAUSE I'M SCARED OF THE TRAFFIC.

THERE'S SO MUCH TRAFFIC. THE 114 IS JAMMED IN FRONT OF MY HOUSE.

THE ENTIRE, YOU KNOW, ROAD IS JAMMED IN THE EVENING.

I DON'T EVEN COME OUT TO COLLECT MY MAIL FROM MY MAILBOX UNTIL LATE NIGHT, 10:00, BECAUSE PEOPLE ARE GOING AROUND.

I MEAN, I CAN'T EVEN COME OUT AND COLLECT MY MAIL.

THAT'S THE KIND OF SITUATION SO FAR. RIGHT NOW.

MY HOUSE. YOU KNOW WHERE I LIVE. I DON'T EVEN CLOSE MY GARAGE DOORS.

I DON'T EVEN MY FRONT DOOR. SOMETIMES I JUST THAT'S THE KIND OF SENSE OF SECURITY I'M ENJOYING RIGHT NOW IN SOUTHLAKE.

BUT WHEN MORE PEOPLE MOVE IN, I DON'T KNOW WHAT KIND OF WHAT SENSE OF SECURITY WILL HAVE SO CLOSE.

LET'S SAY ANOTHER 5000 PEOPLE MOVE ON. ANOTHER 3000 PEOPLE MOVE SO CLOSE TO MY HOUSE.

WHAT KIND OF SENSE OF SECURITY I ENJOY, I DON'T KNOW RIGHT NOW. I ENJOY THE SENSE OF SECURITY.

I DON'T EVEN LOCK MY DOOR. SOMETIMES. IT'S STILL SAFE. I HAVE BEEN LIVING THERE FOR THE LAST TEN YEARS. I NEVER HAD ANY PROBLEM. I ENJOY THE GREEN SPACE.

YOU KNOW, LIKE TEN YEARS BACK WHEN I BUILT MY HOUSE, GETTING TWO LOTS OF TWO ACRES OF MY PROPERTY IS A BIG DEAL.

I FOUGHT HERE TO GET TWO LOTS ON TWO ACRES. NOW WE ARE TALKING ABOUT THOUSANDS OF APARTMENTS WITHOUT THAT HIGH DENSITY THING.

PLAN SOMETHING LIKE CONCEPT PLAN LIKE 55 PLUS.

JUST NOW, SOMEBODY SAID 37% OF THE POPULATION IS 55 PLUS IN SOUTHLAKE PLAN, SOMETHING LIKE COUNCIL PLAN, LIKE 55 PLUS COMMUNITY OR SOMETHING LIKE THAT.

I MEAN, WE DON'T MIND. I MEAN, I'M JUST SAYING MY KIND REQUEST IS PLEASE, PLEASE CONSIDER THE OPINIONS OF THE LONG TERM CITIZENS OF THIS BEAUTIFUL TOWN, YOU KNOW, AND TAKE SOME INPUTS, PLEASE DEVELOP IT.

A QUALITY DEVELOPMENT WHERE IT'S NOT HIGH DENSITY, BUT STILL, WE'LL BE ABLE TO SUPPORT THE BUSINESSES THAT ARE GOING TO COME THERE.

THANK YOU FOR YOUR TIME. THANK YOU. HI, MY NAME IS SANDRA WILSON.

JUST A COUPLE OF QUESTIONS. DID THEY DID YOU SAY THAT THE APARTMENT COMPLEXES WILL BE ABOUT FIVE STORIES TALL? IS THAT FOR FOUR STORIES ABOVE RETAIL? SO TOTAL FIVE STORIES.

OKAY. AND WHERE WILL THE PEOPLE PARK? THEY. THE DECK IS TOTALLY ENCLOSED WITHIN THE BUILDING.

SO THEY PARK. THEY PULL INTO THE BUILDING PARKING DECK AND ARE PARKED ON THEIR THEIR FLOOR LEVEL.

HOW MANY PARKING SPOTS ARE YOU ALLOWING FOR THAT? IS THAT SHARED WITH THE RETAIL? NO. SO THE RETAIL LEVEL, THE RETAIL PARKING WILL BE ON THE GROUND LEVEL AND THE GATED.

ALL THE RESIDENTIAL PARKING WILL BE ON THE UPPER LEVELS.

IT WILL BE GATED KEY CARDED TO THE RESIDENT. I DON'T KNOW WHAT THE PARKING RATIO IS HERE IN IN SOUTHLAKE.

I'M GUESSING ONE AND A HALF TO TWO CARS PER UNIT.

OKAY. ARE YOU ALSO CONSIDERING THOSE OF US WHO LIVE BEYOND CARILLON? IT'S IT'S IT'S VERY CAROLINE CENTRIC. WELL CENTRIC.

IT SOUNDS. BUT I LIVE AT THE VERY END OF WHITE'S CHAPEL, NORTH WHITECHAPEL.

I MEAN, YOU'RE GOING TO FALL INTO THE LAKE IF YOU GET TO MY HOUSE.

I, I AM REAL CONCERNED ABOUT THE TRAFFIC. I KNOW THERE'S STILL TRAFFIC STUDIES TO BE DONE, BUT MY BIGGEST CONCERN IS I WORK IN DALLAS. I HAVE A HOUR COMMUTE.

THAT'S JUST STANDARD. I'M WORRIED I'M GOING TO HAVE AN HOUR AND A HALF COMMUTE BECAUSE OF THE TRAFFIC FLOWING IN AND OUT, BECAUSE WE'VE GOT A VERY SHORT PERIOD SPACE OF FOUR LANES, AND THEN IT'S JUST BACK AND FORTH.

AND I'M JUST CONCERNED ABOUT THE CONGESTION THAT'S GOING TO SIT IN THOSE FOUR LANES.

SO I REALLY JUST ASK THAT YOU REALLY STUDY THAT BECAUSE WALKABILITY IS GREAT, BUT THE AMOUNT OF TRAFFIC FROM APARTMENTS HAS REALLY GOT ME CONCERNED.

AND YOU KNOW, I'VE GOT, I'VE BEEN HERE K THROUGH 12, MY KIDS, I'VE GOT THREE DRAGONS.

MY LAST ONE'S GRADUATING NEXT YEAR. AND I JUST, YOU KNOW, THE TRAFFIC, NEW DRIVERS.

[03:20:01]

I JUST THAT CONCERNS ME PROBABLY THE MOST ABOUT EVERYTHING.

AND I MEAN, I GUESS THAT'S MY BIGGEST CONCERN.

SO THANK YOU. THANK YOU. I HAVE A FOLLOW UP QUESTION.

SURE. YOU HAD MENTIONED. CORRECT ME IF I'M WRONG.

YOU HAD MENTIONED USED A PHRASE AND I APOLOGIZE BECAUSE MY BRAIN INJURY.

I MAY NOT GET THIS RIGHT. I THINK YOU MAY HAVE USED THE TERM PRECONCEIVED NOTIONS THAT WE HAVE PRECONCEIVED NOTIONS.

I WOULDN'T SAY THAT IT'S NECESSARILY PRECONCEIVED, PRECONCEIVED NOTIONS.

SORRY. IT'S MORE REALLY THAT WE WERE ALL BLINDSIDED AS A COMMUNITY THAT THIS BE BACK.

I HATE TO USE THIS ADAGE, BUT LIKE BACKWARDS CONVERSATIONS WERE GOING ON AND AS A COMMUNITY, WE DIDN'T KNOW IT THAT YOU WERE BEING, YOU KNOW, RECRUITED HERE.

AND TO FOLLOW UP ON TO HER CONVERSATIONS. SO YOU HAD AUSTIN CONTACT YOU FIRST.

WAS THAT BEFORE OR AFTER MARY ALFORD CAME TO VISIT YOUR PROPERTY? BEFORE. BEFORE. AND HOW MANY OTHER COMMUNITY MEMBERS FROM SOUTHLAKE HAVE BEEN OUT THERE? HAS JOHN TERRELL OR JOHN TERRELL WAS THERE. HE REPRESENTS THE SELLER IN THIS CASE.

SO HE WAS THERE FOR THAT. HE WAS THERE. OKAY.

AND YOUR OTHER COMMUNICATIONS THAT YOU'VE HAD.

I KNOW THAT NOT ALL NECESSARILY. ALL OF OUR COUNCIL MEMBERS UNFORTUNATELY WERE WERE LOOPED INTO THE CONVERSATIONS THAT WERE BEING HAD FOR, GOSH, MONTHS, BUT THE CONVERSATIONS THAT WERE BEING HAD WERE ANY OF THE OTHER CITY COUNCIL MEMBERS WAS RANDY WILLIAMS OR RANDY ROBIN? ROBIN'S ROBINSON? I CAN'T REMEMBER HIS NAME, BUT WAS HE DID YOU HAVE ANY COMMUNICATIONS WITH EITHER OF THEM? HE'S BEEN INVITED. OKAY. AND THEN, IF I MAY ASK.

SO THERE WAS A LOT OF IT. I'VE HAD STUFF GOING ON, SO I DIDN'T PAY ATTENTION, A LOT OF STUFF GOING ON, BUT I SAW I THINK IT WAS MAY ISH IS WHEN THIS KIND OF, YOU KNOW, PANDORA'S BOX OPENED WITH US LEARNING ABOUT THIS.

WITH THAT BEING SAID, THE PEOPLE IN OUR COMMUNITY WERE A LITTLE PERTURBED THAT OUR TAX DOLLARS WERE PAID TO FUND THIS TRIP, AND I UNDERSTAND THAT. HAVE YOU ALL REIMBURSED THE CITY RECENTLY FOR THOSE FUNDS? SO YOU ALL HAVE NOT REIMBURSED THE CITY? NO. FOR FUNDS BEING PAID.

DID YOU PAY? NO. FOR ANYBODY COMING OUT? NO. OKAY.

THANK YOU VERY MUCH. ON THAT POINT, IT'S IMPORTANT TO UNDERSTAND THAT THIS IS A VERY COMMON PRACTICE AMONG MUNICIPAL AGENCIES IN AMERICA ECONOMIC DEVELOPERS, MAYORS, COUNCILMEN, OFFICIALS, CITY OFFICIALS IDENTIFY PROJECTS THAT THEY EMULATE. THEY OFTEN HAVE SORT OF, YOU KNOW, LIKE SISTER CITY OR, OR EXCHANGE PROGRAMS WITH, IN FACT, THE CITY OF PLANO, SOMEBODY MENTIONED PLANO EARLIER, CITY OF PLANO WAS VISITING AND STUDYING AVALON JUST RECENTLY TO ABOUT TWO WEEKS AGO A CONTINGENT OF ABOUT 12 PEOPLE. IT THAT IS, IT IS AN, IN MY VIEW, AN ADMIRABLE PRACTICE FOR THEM TO GO OUT AND STUDY SUCCESSFUL COMMUNITIES AND HOW THEY WORK AND LEARN HOW, IN THIS CASE SOUTHLAKE COULD SUCCEED IN EMULATING WHAT WAS WAS SUCCESSFUL THERE. SO AGAIN, I YOU ALL FORM YOUR OWN OPINIONS FROM MY SEAT.

HAVING BEEN RECRUITED IN MANY COMMUNITIES ALL OVER THE US.

IT IS A VERY COMMON PRACTICE. IF I CAN ASK. SO IN YOUR CONVERSATIONS WITH AUSTIN HE'S NEWLY ELECTED.

I DON'T KNOW IF HE SHARED THAT WITH YOU. HE WAS NEWLY ELECTED IN OUR TOWN. AND IF YOU'RE NOT FAMILIAR AND HAVEN'T VISITED HIS POLITICAL PLATFORM, HE RAN ON LOW DENSITY. SO TO HEAR THIS WAS GOING ON AND HE RECRUITED YOU REALLY DID BLINDSIDE THE VAST MAJORITY OF US.

AND WE'RE LIKE, WE VOTED FOR YOU. AND NOW YOU SAID YOU WERE GOING FOR LOW DENSITY AND YOU DIDN'T BELIEVE IN APARTMENTS AND BLAH BLAH, BLAH. IT'S ALL OVER, YOU KNOW, PRETTY MUCH EVERY POLITICAL, YOU KNOW, ADVERTISEMENT THAT WAS PUT OUT THERE.

AND NOW WE'RE HERE, WHAT, THREE? I DON'T EVEN KNOW MY MATH, BUT 3.5 HOURS IN TO A CONVERSATION THAT, YOU KNOW, WE'RE A LOT OF US ARE JUST PISSED THAT WE DIDN'T KNOW.

AND IT WAS JUST LIKE THE BOMB DROPPED IN MAY.

SO A LOT OF US ARE PRETTY. I THINK IF IT WASN'T VACATION TIME, YOU'D PROBABLY HAVE A LOT MORE PEOPLE HERE.

THANK YOU. GOOD EVENING MARK, I'M GREG KRAUSE.

I'M A 19 YEAR PLUS SOUTHLAKE RESIDENT. I WANTED TO WAIT TOWARDS THE END, JUST TO TAKE EVERYTHING IN AND

[03:25:01]

AND I SAY THAT WITHIN THE CONTEXT OF THIS IS THE FIRST TIME I'VE BEEN TO A SPIN MEETING, PLANNING AND ZONING OR COUNCIL MEETING WHERE I'VE SHOWN UP TO SUPPORT A PROJECT IN SOUTHLAKE. I TEND TO IN, IN MY WIFE AND MY PERFECT WORLD PREFER TO SEE THE PASTORAL, IDYLLIC SETTING THAT THAT WAS SOUTHLAKE WHEN WE MOVED IN OH SEVEN.

WE ARE NOW 94% DEVELOPED. THAT IS A STATISTIC THAT CAME FROM ONE OF OUR COUNCIL MEMBERS THAT, FOR THE RECORD, WAS NOT PART OF THE INVITED GROUP.

THAT WAS JUST DISCUSSED. AND THAT SAME, I'M GOING TO JUST SHARE SOME ANECDOTES, THAT SAME CONVERSATION.

I WAS TOLD THAT MY WIFE AND I ARE PART OF THE PROBLEM THAT THIS, THE SCHOOL DISTRICT IS LOSING STUDENTS BECAUSE WE'RE EMPTY NESTERS.

WE WANT TO LIVE IN SOUTHLAKE. WE LIKE SOUTHLAKE AND THAT WE'RE STAYING IN OUR HOUSE.

AND I SAID, WELL, WE DON'T HAVE OTHER OPTIONS.

AND HE SAID, MOVE TO TROPHY CLUB, MOVE TO GRAPEVINE.

FOR ADDITIONAL CONTEXT, I LED THE CAPITALIZATION OF LEGACY WEST.

I'M IN THE COMMERCIAL REAL ESTATE INVESTMENT BUSINESS AND WORK WITH INSTITUTIONAL CAPITAL, SO I'M VERY FAMILIAR WITH THE PRODUCT THAT TORO CREATES.

AND IT'S IT'S A COMPLIMENT TO THIS COMMUNITY THAT YOU'RE HERE.

FOR THE RECORD, TORO IS ONE OF, IF NOT THE PREMIER MIXED USE DEVELOPERS IN THE COUNTRY.

THEY TAILOR THEIR PROJECTS TO THE COMMUNITY AS, AS HE SAID, IS IT GOING TO BE PERFECT? I DON'T KNOW. WE LIVE ACROSS 114 AND WE'RE OUR FRONT DOOR IS 23 ACRES OF NATURAL WOODED LAND BETWEEN SHADY OAKS AND. 114 THAT THE CITY HAD ZONED OR PUT A LAND USE, NOT ZONING, BUT A LAND USE DESIGNATION OF COMMERCIAL. COMMERCIAL MEANT THAT THAT ENTIRE NATURAL FOREST, BECAUSE OF THE GRADE DIFFERENCES, WAS GOING TO BE CLEAR CUT, ELIMINATED, AND IT WAS GOING TO BE SURFACE PARKING, SIMILAR TO THE OTHER THREE FOUR STORY SUBURBAN BUILDINGS THAT LINE 114 THAT, IN MY OPINION, ARE VERY COMMODITY. IT IS A TESTAMENT TO THE QUALITY OF THIS COMMUNITY THAT TORO IS HERE.

HE IS CREATING A COMMUNITY. I DON'T KNOW WHAT THE ALTERNATIVES WOULD BE, AND I THINK YOU'VE GOT A STEEP HILL TO CLIMB, FRANKLY. BUT LOOK, PEOPLE SHOW UP WHEN THEY'RE AGAINST SOMETHING AND WE HAVE A VERY, VERY PASSIONATE GROUP HERE.

I DON'T THINK ANYBODY YOU'RE NOT GOING TO CHANGE ANYBODY IN THIS ROOM'S MIND, BUT I ENCOURAGE YOU TO CONTINUE TO WORK THROUGH THIS PROJECT.

IT IS A CONCEPT I'M APPRECIATIVE. HAVING GONE THROUGH THIS, THE AMOUNT OF TIME YOU'RE SPENDING UP FRONT, YOU'RE SPECKING. PRELIMINARY UNDERLYING PRELIMINARY DESIGNS AND SCHEMATICS TRYING TO COME UP WITH SOMETHING.

THAT, TO YOUR POINT, IS BACK OF THE NAPKIN. THERE'S NO WAY BECAUSE YOU DON'T KNOW WHAT YOU'RE GOING.

TO GET ZONING FOR THAT, YOU'RE GOING TO RUN A PROFORMA AND BE ABLE TO SHOW IT TO AN INSTITUTIONAL INVESTOR LIKE ME.

YOU'RE JUST NOT ABLE TO. SO I ENCOURAGE YOU TO FIGHT THE FIGHT.

YOU MAY WIN. YOU MAY LOSE. I'M HOPEFUL BECAUSE YOU'RE OFFERING SOME OPTIONS.

I'D LIKE NOT TO HAVE TO DRIVE TO FORT WORTH OR TO DALLAS FOR A CHEF DRIVEN, NICE, DIFFERENTIATED MEAL.

THAT'S NOT A CHEESECAKE FACTORY OR BREO. I KNOW WE'VE GOT A FEW OTHER, YOU KNOW, OKAY, OPTIONS, BUT BUT IT'S DIFFERENTIATED. AND FRANKLY, WE'D LIKE TO BE ABLE TO STAY IN THE COMMUNITY NEAR OUR KIDS AND GRANDCHILDREN, BUT ALSO ENJOY OUR OTHER HOME AND HAVE A LOCK AND LEAVE ENVIRONMENT.

AND IT WOULD BE NICE FOR THIS COMMUNITY TO HAVE OTHER OPTIONS THAT ARE ON THE HARD CORNER.

ONE OF THE MAJOR NORTH SOUTH THOROUGHFARES IN 114.

THERE'S BEEN A LOT OF GREAT FEEDBACK THAT'S BEEN OFFERED TONIGHT.

THE HYDROLOGY, THE DRAINAGE. I MEAN, IT'S AN ISSUE.

WE DEAL WITH THAT ACROSS. 114 AND I HOPE THAT THE CITY REALLY TAKES YOU TO TASK TO, TO PROVIDE A PLAUSIBLE SOLUTION FOR WHAT YOU'RE GOING TO CREATE. I, YOU KNOW, WE TALK ABOUT TRAFFIC.

THE WHOLE FOODS IS GOING TO GENERATE A HELL OF A LOT MORE TRAFFIC TRIPS FROM NON SOUTHLAKE PEOPLE.

IT'S ON THE DRIVE HOME, PEOPLE COMING OFF, STOPPING SHOPPING AND GOING, THEN A 325 UNIT APARTMENT COMPLEX THAT MAYBE,

[03:30:04]

BUT I LIKE WHAT, WHAT YOU'RE OFFERING. I THINK ABOUT WHAT THE ALTERNATIVES ARE.

AND I SUSPECT THAT IF SOMEHOW YOU GET THIS BUILT, A LOT OF THE PEOPLE SITTING IN HERE ARE GOING TO BE YOUR FREQUENT CUSTOMERS, AND THEY'RE GOING TO FALL IN LOVE WITH WHAT YOU BUILD. THANKS SO MUCH.

THANK YOU. I'LL BE BRIEF. I JUST WANTED TO SAY SOMETHING QUICKLY.

FIRST OF ALL, WHO IS OPPOSED TO THIS DEVELOPMENT? IF IT HAS APARTMENTS, WOULD YOU RAISE YOUR HAND? OKAY. WHO WOULD BE SUPPORTIVE OF THIS DEVELOPMENT IF IT DIDN'T HAVE APARTMENTS AS SHOWN? SO THAT SHOWS THE MASSES THERE. THE OTHER THING I JUST WANT TO QUICKLY SAY IS ON BEHALF OF THE MAYOR, AUSTIN REYNOLDS. KATHY. TALLEY. ALISON. I ACTUALLY LIKE THAT THEY WENT OUT THERE.

I KNOW THAT WAS A DIFFICULT POSITION FOR THEM TO DO THAT, BUT WE ELECT OUR OFFICIALS TO VET AND LOOK INTO ALL OPTIONS FOR US.

AND THEY ALSO HAVE CONSTITUENTS, YOU KNOW, IN CARILLION THAT THEY LISTEN TO AS WELL.

AND I LIKE ELECTED OFFICIALS THAT LISTEN TO EVERYONE.

AND I THINK THIS IS GOOD AND HEALTHY FOR OUR COMMUNITY TO GET UP HERE, DEBATE, TALK THROUGH THINGS WE LIKE OR DISLIKE AND KIND OF WORK THE AMERICAN PROCESS ON THIS. OUR MAYOR REYNOLDS, THEY HAVEN'T APPROVED THIS.

THEY HAVEN'T PUBLICLY SUPPORTED APARTMENTS OR ANYTHING LIKE THAT. BUT THEY LISTEN TO THEIR COMMUNITY THAT FOR OVER A DECADE, YOU KNOW, PEOPLE ARE TIRED OF SEEING A DIRT MOUND.

SO THEY LISTEN TO THEIR PEOPLE AND THEY'RE TRYING TO GO OUT AND SEEK QUALITY DEVELOPERS.

SO I LOVE YOUR WORK. I DO THANK YOU. I JUST DON'T THINK APARTMENTS WOULD WORK HERE.

AND I THINK MOST PEOPLE DON'T EITHER. AND IF YOU BUILT EVERYTHING ELSE, I THINK IT COULD WORK HERE BECAUSE YOU HAVE 10,000 HOMES HERE ALREADY, A VERY WEALTHY PEOPLE THAT WOULD SHOP AND DINE AND KEEP THOSE BUSINESSES IN BUSINESS.

THE 300 PEOPLE IS NOT GOING TO KEEP THEM IN BUSINESS. THE 10,000 WEALTHY PEOPLE HERE WILL.

SO THANK YOU. HI, HILLARY AGAIN. WE'RE TALKING ABOUT THE TRIP AND WHO WAS AWARE AND THAT KIND OF THING AND HOW RESIDENTS WERE CAUGHT OFF GUARD AND THINGS LIKE THAT.

AND I CAN'T HELP BUT SIT HERE. WE HAVE ONE OF OUR COUNCIL MEMBERS HERE COUNCIL MEMBER TAGGART AND I, I'M JUST KIND OF CURIOUS. WAS HE INVITED ON THIS? NO, NO. OKAY. CAN YOU GIVE US THE REASON? NO.

OKAY. SO I GUESS I'M JUST HAVING A HARD TIME UNDERSTANDING WHY.

I DON'T KNOW, INTENTIONALLY. SOME OF OUR ELECTED LEADERS WHO WE PUT FAITH AND TRUST AND ELECT ARE NOT PART OF SOMETHING LIKE THIS. WE I THINK IT'S IMPORTANT TO KIND OF GIVE GIVE THEM AN UNDERSTANDING OF WHY THEY WEREN'T INVITED AND WHERE THE DISCONNECT IS OBVIOUSLY YOU'RE NOT GOING TO GIVE ME ANY INFORMATION HERE.

AND I THINK THAT'S VERY UNFORTUNATE. BECAUSE AGAIN, THIS IS OUR TOWN, WE AS CITIZENS ELECT OUR LEADERS.

AND SO I GUESS IN MY MIND WHEN I HEAR, EXCUSE ME THAT SOME PEOPLE THAT I VOTED FOR AND I SUPPORT HAVE BEEN IN THE DARK. I MEAN, YOU'RE SAYING YOU'VE BEEN WORKING ON THIS FOR A YEAR WITH AUSTIN? AND THEY JUST FOUND OUT ABOUT IT. I DON'T KNOW, WHAT ARE WE IN JUNE A MONTH AGO.

I DON'T DO SECRETS. I WOULD HOPE IN OUR TOWN OF SOUTHLAKE, WE WOULD BE WE ARE A STRONG COMMUNITY, AS YOU CAN TELL. WE HAVE LOTS OF PEOPLE OUT SHOWING HERE TODAY.

AND SO I DON'T UNDERSTAND WHY WE ARE DISMISSING SOME OF OUR ELECTED LEADERS AND TAKING SOME OTHERS.

DO YOU HAVE ANY RESPONSE? YES. SO YOU ASKED ME IF COUNCIL MEMBER TAGGART WAS INVITED ON THAT TRIP, AND THE ANSWER WAS NO. AND THE ANSWER IS, I DON'T KNOW WHY, EXCEPT I WILL SUPPOSE, PRESUME THAT THERE'S SOME REQUIREMENT THAT NOT MORE THAN A CERTAIN NUMBER OF COUNCIL PEOPLE BE CONVENED WITHOUT IT BEING A PUBLIC HEARING.

THAT'S THAT'S MY UNDERSTANDING OF MUNICIPAL GOVERNMENT GOVERNANCE ELSEWHERE IN AMERICA.

I HAVE NO IDEA IF THAT'S THE SITUATION IN SOUTHLAKE.

OKAY. I CAN TELL YOU THAT COUNCILMAN TAGGART WAS INVITED SUBSEQUENTLY TO AVALON.

I HAD LUNCH WITH HIM, HAD COFFEE WITH HIM LAST WEEK, TUESDAY MAYBE, AND INVITED HIM TO AVALON.

ONE OF THE NEWLY AFFECTED NEWLY ELECTED COUNCIL MEMBERS HAS BEEN INVITED.

SO? SO THOSE INVITATIONS ARE ARE COMING UP. BUT THEY WERE NOT THEY WERE NOT INCLUDED IN THAT INITIAL VISIT.

SO BACK IN OCTOBER. SO THE TRIP HAPPENED IN OCTOBER, AND WE'VE GONE FROM OCTOBER TO MAY, I THINK WHEN WE LEARNED OF THIS

[03:35:01]

WE'VE HEARD FROM THE MAYOR, THANKFULLY SOME TRANSPARENCY ON REIMBURSEMENTS.

I'M JUST NOT UNDERSTANDING WHY WE WERE THIS WAS A SECRET THING BETWEEN SOME OF OUR BOARD MEMBERS AND SOME NOT.

IT'S, IT'S DISCOURAGING AS A SOUTHLAKE RESIDENT AND I KNOW OTHERS SHARE THE SAME VIEW THAT THIS HAPPENED THIS WAY.

ESPECIALLY IN A TOWN WHERE WE ARE WE DO HAVE A LOT OF UNITY IN OPPOSITION TO HIGH DENSITY.

I ON THAT SUBJECT OF A SECRET, I DON'T KNOW IF IT WAS A SECRET, NOT A SECRET.

I CAN TELL YOU THAT AGAIN, MY EXPERIENCE BEING RECRUITED ALL OVER THE U.S., THE ECONOMIC DEVELOPMENT TEAMS ARE OFTEN VERY BUTTONED UP BECAUSE OF THE OPPORTUNITY FOR NEWS TO GET OUT ABOUT RECRUITING AND EMPLOYER RECRUITING A DEVELOPER WITH RESPECT TO THE LAND VALUATIONS AND OTHER CONSIDERATIONS.

I DON'T KNOW THAT THAT WAS THE CASE HERE. I DON'T KNOW THAT IT WAS A SECRET.

I JUST KNOW THAT WHEN WE ANNOUNCED OUR INTEREST IN SEEKING INPUT, THAT'S ALL WE'RE DOING.

WE'RE LISTENING. WHEN WE ANNOUNCED OUR INTEREST TO GO TO CAROLINE AND HAVE THE MEET AND GREET, HAVE THE, THE, THE ZOOM CALL, HAVE THE MEETING ON RIVIERA LANE AND HAVE THIS MEETING.

THAT'S WHEN THE PUBLIC LEARNED OF THIS PROJECT AND HOW WE ARRIVED HERE.

I DON'T KNOW THAT IT WAS A SECRET. IT WASN'T A SECRET, BUT AND I AND I CAN'T SPEAK FOR YOUR ELECTED OFFICIALS.

YOU SHOULD TAKE IT UP WITH THEM. BUT I CAN TELL YOU AGAIN THAT THIS IS THE BUSINESS I'M IN.

AND WE ARE RECRUITED FREQUENTLY BY ELECTED OFFICIALS AND ECONOMIC DEVELOPMENT AGENCIES FROM ALL OVER AMERICA.

SURE. AND I UNDERSTAND THAT. I WOULD HOPE YOU WOULD UNDERSTAND OUR FRUSTRATION WITH I'M A YOU KNOW, A COMMUNITY MEMBER. I SUPPORT OUR, OUR ELECTED LEADERS HOWEVER I CAN.

AND SO I JUST FEEL LIKE THE WAY THIS WENT DOWN AND JUST LACK OF TRANSPARENCY.

AND HOW NOW ALL OF A SUDDEN SOME OF THESE THINGS ARE YOU'RE HAVING COFFEE AND WHY DIDN'T THOSE THINGS HAPPEN IN OCTOBER? AND WE LEARN ABOUT IT BEFORE THE TRIP OR WHATEVER.

SO I APPRECIATE YOUR ANSWERS. THANK YOU, THANK YOU.

WELCOME BACK. THANK YOU. I HAVE A QUESTION. THE, THE SECURITY, THE CONCIERGE DESK, THE GUIDES THAT COME OUT AND ARE DOING THE POWER WASHING AND THE TRIMMING.

HOW IS THAT ALL FUNDED? HOW IS THAT PAID FOR? SO THAT'S FUNDED WITH WHAT WE CALL THE EXPERIENCE FEE.

SO THE USES THAT ARE NON RETAIL. SO AS AN EXAMPLE SOUTHLAKE TOWN SQUARE CANNOT PROVIDE THOSE SERVICES BECAUSE THEY CAN'T AFFORD THEM.

THIS IS A THIS IS A SHOPPING CENTER. RETAILERS PAY WHAT'S CALLED COMMON AREA MAINTENANCE.

AND THAT'S A FIXED FEE. AND IT'S A RELATIVELY MEAGER AMOUNT OF MONEY REQUIRED TO SWEEP THE PARKING LOT AND KEEP THINGS GENERALLY IN GOOD SHAPE.

THE LEVEL OF QUALITY OF CLEANLINESS, AS AN EXAMPLE, OR SECURITY OR SERVICE AT AVALON IS FUNDED BY TAXING THE USES THAT ARE NON RETAIL. SO OFFICE, RESIDENTIAL, HOTEL, ALL PAY WHAT WE CALL AN EXPERIENCE FEE TO AVALON IN ORDER TO PROVIDE THOSE SERVICES THOSE, THOSE SERVICES CAN'T GREG MENTIONED LEGACY WEST LEGACY WEST DOES NOT PROVIDE THAT LEVEL OF SERVICE BECAUSE THEY DON'T CHARGE THE USES THAT BENEFIT FROM THE COMMERCIAL DISTRICTS ACTIVITY.

THEY DON'T CHARGE THEM FOR FOR THE PREMIUM THAT THEY'RE ACHIEVING.

SO THESE THESE RESIDENTIAL RENTS, THE OFFICE RENTS, THE HOTEL RATES AND THE SINGLE FAMILY HOME VALUES AT AVALON, AT MEDLEY, AT COLONY SQUARE, WE DIDN'T TALK ABOUT COLONY SQUARE ARE ALL AN EXTREMELY OUTSIZED RELATIVE TO THE MARKET.

AND IT'S ALL BECAUSE OF THE EXPERIENCE THAT IS CREATED ON THE STREET LEVEL THAT'S FUNDED BY THEM.

OKAY, SO ALL OF THAT WONDERFUL EXPERIENCE THAT DISNEY LIKE EXPERIENCE, THE SECURITY AND THOSE TYPES OF THINGS DO COST A LOT OF MONEY.

AND THAT IS FUNDED BY THE HOTEL, NOT THE RETAIL.

CORRECT. BECAUSE IT WOULD BE WAY TOO EXPENSIVE FOR THE RETAIL TO BE ABLE TO HAVE A BUSINESS THERE IF THEY HAD TO PAY FOR THAT.

BUT IT'S FUNDED BY THE RESIDENTIAL AS WELL. RESIDENTIAL OFFICE.

OKAY. ALL RIGHT. SINGLE FAMILY AND MULTIFAMILY.

SO. OKAY. I PAY I OWN A HOME THERE. I PAY AN ANNUAL FEE FOR THOSE STREET SWEEPERS AND CONCIERGE AND VALET AND MUSIC AND LIGHTING AND SECURITY. OKAY. THANK YOU.

[03:40:01]

WELL, I'M JIMENA POIRIER. OH, HI. HI. WELL, I SEE WE'RE GOING AROUND, SO I'M SURE WE ALL NEED TO KIND OF HIGHLIGHT WHAT WE. WE SAID THIS IS NOT A HIGH DENSITY KIND OF COMMUNITY.

WE WELCOME YOU FIT IN. WE GOT EVERYTHING THAT YOU ARE SAYING YOU'RE GOING TO BRING IN AND CAROLINE, THEY WERE PROMISED SOMETHING. THEY DIDN'T DELIVER.

YOU'RE TRYING TO DELIVER FOR THEM, RIGHT? LOTS OF PROMISES, BUT FOR THEM, A SMALL PERCENTAGE.

YOU WANT US ALL TO, YOU KNOW, GIVE UP WHAT YOU KNOW, WE SIGNED UP FOR, YOU KNOW, COME INTO THE COMMUNITY. APPARENTLY YOU BUILD, YOU KNOW YOU KNOW, TOP, TOP, TOP TIER DEVELOPMENT.

COME IN. BUT BELIEVE ME, YOU'RE NOT GOING TO GET APARTMENTS HERE.

WE WILL FIGHT YOU. I MEAN, OUR SMALL NEIGHBORHOOD, 26 YEARS, TIME AND TIME AGAIN, DEVELOPERS CAME. IT DIDN'T HAPPEN. AND WHAT HAS FLOURISHED IS A BEAUTIFUL COMMUNITY.

IT'S ONLY, WHAT, 26 ACRES THAT YOU YOU KNOW, YOU GOT 26 ACRES AND YOU WANT TO EXPLODE THIS HUGE DEVELOPMENT. NO WAY, NO WAY, NO WAY. WE WILL FIGHT YOU.

AND IF YOU WANT TO WASTE YOUR TIME, GO AT IT.

THANK YOU. MARK, I APOLOGIZE. I KNOW IT'S GETTING LATE.

I APOLOGIZE TO EVERYBODY STILL HERE. I REALLY APOLOGIZE TO ANDREA BECAUSE I OWE HER SOMETHING TO EAT.

SHE'S HUNGRY. I JUST IT'S DINNER TIME. YES. I JUST WANTED TO.

I DON'T KNOW, WHERE ARE YOU GOING TO FIND OPEN AT THIS HOUR? WE'RE GOING TO FIND SOMETHING LEAVING THE WHATABURGERS OPEN. WHATEVER YOU FIND, LET ME KNOW, BECAUSE I'M STARVING. OKAY.

AND I COULD REALLY USE A DRINK. YEAH, I, I JUST WANT TO ADD A LITTLE CLARITY TO MY FORMER COMMENT.

AND THAT IS I LIVE AT 1633 RIVIERA. AND FOR THOSE WHO DON'T KNOW, ON A WINDY DAY, I COULD PROBABLY TWO HOP A BASEBALL TO WHERE THIS CONSTRUCTION IS GOING TO BE. AND RIGHT NOW, FOR 14 YEARS, I WALK OUT OF MY HOUSE, I WATER MY PLANTS.

I SAY HELLO TO MY DEAR NEIGHBORS RIGHT THERE, AND MY DOGS CHILL AND IT'S COOL, BUT I ANTICIPATE WITH THE EXPANSION OR THE DEVELOPMENT OF THIS RIVIERA LANE TURNING INTO AN ABSOLUTE PERENNIAL PARKING LOT.

AND WITH THAT MAN, IT JUST IT BRINGS PEOPLE IN FRONT OF MY HOUSE ALL THE TIME.

I HEAR DISNEY LIKE EXPERIENCE, MAYBE. SO FOR SOME, TO ME, THAT AIN'T DISNEYLAND.

SERENITY, QUIET AND PEOPLE NOT BEING AROUND MY HOUSE IS MY IS IS MY SANCTUARY.

AND I JUST SEE WITH THE CONSTRUCTION, THE TRUCKS, THE DEMOLITION, THE DIRT, THE TRANSPORTATION, THE BUILDING, THE CONCRETE, THAT'S THREE YEARS, THREE YEARS.

AND I DON'T KNOW, YOU KNOW THIS A LOT BETTER THAN ME. I'M ANTICIPATING 18 MONTHS ON THE LOW SIDE, THREE YEARS ON THE OUTSIDE FOR BUILD. AND SO I'VE GOT THE DUST, THE DIRT, THE LITTER, THE PEOPLE.

OH YEAH. WE'VE GOT WHITE WAGONS WITH SECURITY.

GET THAT. I DON'T WANT THAT. I FRANKLY DON'T WANT MORE SECURITY.

I THINK THE THE PROBLEMS WORLD IS TOO MUCH GOVERNMENT, TOO MUCH BUREAUCRACY, TOO MUCH OVERSIGHT.

AND I DON'T NEED WAGONS WITH SECURITY CIRCLING AROUND.

AND YEAH, YOU KEEP A CLEAN PROPERTY. BUT WITH THAT COMES NIGHT CREWS AND PRESSURE WASHERS AND NOISE.

AND AT 1633 RIVIERA, WHERE I'VE LIVED FOR 14 YEARS WITH THE VISION OF.

THAT'S WHERE I WANT TO LIVE BECAUSE I'M LOOKING AT A CLUSTER OF TREES, YOU KNOW? SO ANYWAY, I JUST WANTED TO. MIKE, I'M SORRY THAT YOU WERE UNABLE TO JOIN US AT YEAH, AT THE ELVING'S HOME BECAUSE WE ADDRESSED THAT ISSUE. SO THAT STAND OF TREES YOU'RE LOOKING AT, SO YOU'RE EAST OF.

I'M THE CORNER OF PALLADIUM AND PALLADIUM. I'M SORRY.

RIGHT ACROSS THE STREET OR NEXT DOOR STREET FROM THAT ON THE EAST SIDE, WE'RE BOTH ON THE CORNERS.

OKAY, GOOD, GOOD, GOOD. SO SO WHAT YOU WHAT YOU MISSED IS THAT WE ARE SAVING THE ENTIRE STAND OF TREES THAT'S CURRENTLY THERE.

FOR A DEPTH OF. CALL IT 200FT. SO WHAT YOU EXPERIENCED TODAY IS WHAT YOU'LL EXPERIENCE THEN WHAT WE ALSO TALKED ABOUT.

AGAIN, I NOW RECOGNIZE YOU WEREN'T ABLE TO BE THERE WAS SECURITY AND PARKING.

AND HOW DO WE POLICE THAT AND HOW DO WE WORK WITH THE CITY OF SOUTHLAKE? AND HOW, HOW DOES OUR PRIVATE SECURITY DEAL WITH THAT? AGAIN, I LIVE ACROSS THE STREET, JUST LIKE YOU WILL.

[03:45:02]

AND IT WAS RESOLVED IN RELATIVELY SHORT ORDER.

THE CITY OF ALPHARETTA POLICE AND OUR PRIVATE SECURITY IS IN IN CONCERT.

THEY SHARE OUR SECURITY CAMERAS. THIS THIS IS AN OPPORTUNITY FOR US TO BRING YOU A WALKABLE LIFESTYLE WITHOUT IMPACTING YOUR HOME. I UNDERSTAND THAT STATEMENT, I APPRECIATE IT.

WHAT ABOUT THE NOISE FOR THREE YEARS OF THE DEMOLITION? CONCRETE CONSTRUCTION? THAT'S. THAT'S A THING.

THAT'S A THING. SO NOW. NOW THE STAND OF TREES BETWEEN YOU AND US WILL MITIGATE THAT.

BUT THAT IS THAT'S GOING TO BE A THING REGARDLESS OF WHAT HAPPENS THERE. SOMETHING IS GOING TO BE DEVELOPED THERE. NOW, THE BAD NEWS IS IF WE PACK UP OUR BAGS AND GO HOME, I. WHAT WHAT GREG SUGGESTED, THANK YOU, BY THE WAY, FOR THAT, THAT ENDORSEMENT.

THERE ARE FIVE, MAYBE TEN DEVELOPERS WHO DO WHAT WE DO IN THE UNITED STATES.

AT LEAST TWO OF THEM HAVE SAID, I'M NOT GOING TO SOUTHLAKE.

THEY WEREN'T AS CRAZY AS I AM. THEY WEREN'T GOING TO STAND HERE FOR FOUR HOURS AND GET THEIR ASS KICKED.

BUT WHAT WE WILL DEVELOP, WHAT WE BELIEVE WE WILL DELIVER TO YOU IS IS AS PROMISED, BECAUSE WE.

THAT'S WHAT WE DO. IT'S ALL WE DO. AND THE INVESTORS IN MY COMPANY AND IN THIS PROJECT REQUIRE THAT.

AND, AND THEY REQUIRE THE LONG TERM STABILITY OF THAT.

NOW, I UNDERSTAND THAT THEY WANT TO BE SHORT SIGHTED, AND I SURE AS HELL DON'T WANT IT TO BORDER ON ARROGANCE.

BUT CORPORATE ARROGANCE IS PREVALENT. I'VE SEEN IT, I'VE LIVED IT.

I'VE BEEN A PART OF IT. AND FOR SOMEBODY TO SAY, LISTEN, MY BUILDING AND MY REVENUE IS MORE IMPORTANT THAN, YOU KNOW, THAN YOUR QUIET LITTLE CORNER LOT. THAT BUGS ME.

AND I DO UNDERSTAND WE'VE GOT TO PROGRESS. WE'VE GOT TO MOVE ON.

THERE'S THE THE CONSENSUS THAT PEOPLE WANT STUFF.

AND I WILL SOFTEN MY APPROACH. BUT FOR RIGHT NOW, IT'S A LITTLE BIT RAW AND IT'S A LITTLE WHAT WE'RE COMING IN.

WE'RE BUILDING THIS BIG THING FOR YOUR LIFESTYLE.

MY LIFESTYLE IS PRETTY COOL RIGHT NOW. I GOT A CHILL DOG.

I GOT A BEAUTIFUL GIRLFRIEND. I MEAN, LIFE'S GOOD.

I'M BLESSED. SO. SO I FIRST OF ALL, WE'RE NOT COMING IN.

WE'RE HERE LISTENING AND LEARNING. AND I'M LEARNING A LOT FROM YOU TODAY. THE FACT IS, THE POINT I WAS MAKING IS WHEN YOU MENTION CORPORATE ARROGANCE, IF SOMEONE IS GOING TO DEVELOP THIS SITE, IT'S A BIT OF A DEVIL, YOU KNOW, KIND OF THING.

WE'RE HERE LISTENING AND LEARNING. THE NEXT GUY WON'T BE.

MY PEERS IN THIS INDUSTRY WOULD BE FOOLISH, THOUGH.

THEY GOT. IF YOU COULD PLEASE RETURN TO THE MICROPHONE, WE WANT TO CATCH YOU ON.

OKAY. ALL RIGHT, MIKE, THANK YOU. I THINK WE'RE DONE.

THREE HOURS AND 48 MINUTES IN. ALL RIGHT. WE'RE ALL.

WE'RE ALMOST THERE. OH. WE'RE NOT. GOTTA READ THROUGH SOME COMMON FORMS THAT WERE SUBMITTED ONLINE PRIOR TO THE 5 P.M.

DEADLINE. SO PLEASE BEAR WITH US WHILE WE GET THROUGH THESE.

THIS ONE IS FROM DAVID LOVATO. HE SAYS AS A RESIDENT OF ESTES PARK NEIGHBORHOOD IN SOUTHLAKE, I STRONGLY OPPOSE TOROS DEVELOPMENT PROPOSAL.

CITY FILES APPROVE ONLY 50 LOFT CONDOMINIUMS ON THE SITE, YET THE PLAN SEEKS 326 APARTMENTS OVER SIX AND A HALF TIMES THE ALLOWED DENSITY, PLUS MASSIVE RETAIL OFFICE, HOTEL AND EVENT SPACE.

THIS ZONING OVERREACH WILL WORSEN ALREADY HEAVY, HEAVY TRAFFIC ON STATE HIGHWAY 114.

INCREASED NOISE AND LIGHTS FROM LATE NIGHT OPERATIONS AND FAIL TO SUPPORT CAROL ISD WITH YOUNG FAMILIES.

IT SETS A BAD PRECEDENT FOR THE CORRIDOR. PLEASE DENY THE DENSITY INCREASE AND UPHOLD THE ORIGINAL APPROVAL.

THANK YOU FOR PROTECTING SOUTHLAKE CHARACTER.

NEXT ONE'S FROM YVETTE DIOT. SHE SAYS HELLO. I AM WRITING TO OPPOSE ANY INCREASE IN THE NUMBER OF HOUSING UNITS FOR CELESTA CARILLON.

I BELIEVE THERE ARE A SMALL NUMBER OF UNITS CURRENTLY APPROVED, BUT THE DEVELOPER IS TRYING TO INCREASE IT TO HUNDREDS OF UNITS. PLEASE DO NOT INCREASE THE HOUSING DENSITY IN THE AREA. THANK YOU. NEXT ONE IS FROM PATRICK WHITFIELD.

HE SAYS, I DON'T KNOW OF A SINGLE PERSON WHO LIVES IN SOUTHLAKE WHO IS IN FAVOR OF PUTTING AN APARTMENT COMPLEX IN CARILLON, EXCEPT FOR THOSE WHO MIGHT HAVE A FINANCIAL INTEREST IN THE PROJECT, OR IN SOME WAY BEING COMPENSATED BY OTHERS WHO HAVE FINANCIAL INTEREST.

OVER TIME, THE PROPERTY VALUES IN AND AROUND APARTMENT COMPLEXES THROUGHOUT THE METROPLEX ARE NEGATIVELY AFFECTED BY THESE TYPES OF PROJECTS.

THERE IS NO REASON TO BELIEVE THIS ONE WILL BE ANY DIFFERENT.

THEY BRING EXCESSIVE TRAFFIC AND CRIME AND OVERALL DECREASE THE PROPERTY VALUES OF THE SURROUNDING AREAS.

THE CITY DOES NOT NEED THIS TYPE OF HOUSING. NEXT ONE IS FROM RACHEL TOWNSEND.

SHE SAYS WE OPPOSE ANY DEVELOPMENT WITH APARTMENTS.

[03:50:02]

WE MOVED TO SOUTHLAKE AND PAID A PREMIUM FOR THE LOW DENSITY MASTER PLAN ALREADY IN PLACE.

RACHEL SIEGEL SAYS NO APARTMENTS OR HIGH DENSITY HOUSING.

AND THAT ONE'S THERE. CANDICE CAPERTON MANLEY SAID, MY HUSBAND AND I ARE STRONGLY OPPOSED TO BOTH PROPOSED PROJECTS.

THE CELESTE PROJECT WILL DRAIN INTO DOVE CREEK, ULTIMATELY CAUSING FLOODING ISSUES FOR THOSE OF US DOWNSTREAM AND WHISPERING DELL ESTATES.

WE DO NOT WANT APARTMENTS THERE OR ANYWHERE ELSE IN SOUTHLAKE.

ALSO, THE OPEN SPACE ASPECT OF THIS PROJECT IS SUBSTANTIALLY SMALLER THAN THE ORIGINAL VISION FOR THE COMMERCIAL PART OF CAROLINE.

THE TOUCHMARK PROJECT. YEAH. SHE ALSO COMMENTED ON TOUCHMARK, WHICH I WILL READ LATER.

THIS ONE IS FROM LINDA KRISHNA. SHE SAID THE COMMUNITY, INCLUDING MY WHOLE FAMILY AND I, ARE AGAINST THE PROPOSED HIGH DENSITY DEVELOPMENT.

THE TRAFFIC ALONE WILL BE CUMBERSOME AND UNSAFE.

IT ALSO IS A VAST CHANGE IN THE ORIGINAL PLANS FOR THE CITY OF SOUTHLAKE. THIS DEVELOPMENT SHOULD HAVE NO. A RESOUNDING NO FROM ALL COUNCIL MEMBERS.

THE COMMUNITY. THE COMMUNITY WILL WATCH CLOSELY HOW ALL THE COUNCIL VOTES.

SARAH BEAGLE SAYS, I OPPOSE THIS DEVELOPMENT AND CAROLINE.

EVERY CANDIDATE IN SPIN AND CITY COUNCIL HAS RUN ON THE PLATFORM OF NO HIGH DENSITY.

WE WILL KEEP TO THE SOUTHLAKE MASTER PLAN. WE BOUGHT INTO THIS MASTER PLAN WHEN MOVING HERE FROM A NEIGHBORING CITY IN 2014.

THE RESIDENTS OF SOUTHLAKE WANT CAROLINE TO BE DEVELOPED THE WAY IT WAS PROMISED, AND ENVISION APARTMENTS WERE NEVER A PART OF THAT EQUATION.

WE DO NOT NEED TO LOWER OUR STANDARDS OR CITY STANDARDS JUST BECAUSE THE DEVELOPER IS INTERESTED.

AARON MURNAGHAN SAYS, I OPPOSE ANY DEVELOPMENT WITH APARTMENTS.

ELLIOT DILLMAN SAYS I STRONGLY OPPOSE THE CONSTRUCTION OF AN APARTMENT DEVELOPMENT IN SOUTHLAKE.

OUR COMMUNITY HAS BEEN CAREFULLY PLANNED TO PRESERVE ITS UNIQUE CHARACTER, MAINTAIN MANAGEABLE TRAFFIC LEVELS, AND PROTECT THE QUALITY OF LIFE THAT RESIDENTS VALUE.

ANY HIGH DENSITY HOUSING WILL INCREASE TRAFFIC CONGESTION, PLACE GREATER DEMANDS ON PUBLIC INFRASTRUCTURE AND SERVICES, AND POTENTIALLY ALTER THE RESIDENTIAL NATURE OF OUR CITY.

I ENCOURAGE CITY LEADERS TO PRIORITIZE RESPONSIBLE GROWTH THAT PRESERVES SOUTHLAKE CHARACTER AND LONG TERM LIVABILITY.

NO APARTMENTS. JONATHAN SAYS WE OPPOSE ANY DEVELOPMENT WITH APARTMENTS.

MEGAN HEMINGWAY SAYS THE SAME THING. CRISTINA SAYS THE SAME THING.

LILY WONG SAYS, I'M OPPOSED TO PROPOSED TO THE PROPOSED 300 PLUS UNIT APARTMENT COMPLEX ON CELESTE ON THE SOUTH, ON THE LOT SOUTH OF CAROLINE PARK. RESIDENTIAL SUBDIVISION WITHIN NEIGHBORHOOD NUMBER THREE. THIS DEVELOPMENT RAISES SEVERAL CONCERNS.

AN APARTMENT COMPLEX OF THIS SCALE DOES NOT ALIGN WITH SOUTHLAKE CITY PLAN OR ITS ESTABLISHED CHARACTER OF LOW DENSITY, SINGLE FAMILY NEIGHBORHOODS. I'M ALSO CONCERNED ABOUT POTENTIAL PUBLIC SAFETY IMPLICATIONS AND THE STRAIN IT COULD PLACE ON THE SURROUNDING COMMUNITY.

IN ADDITION, THE PROJECT IS LIKELY TO WORSEN ALREADY CHALLENGING TRAFFIC CONDITIONS IN THE AREA.

FOR THOSE REASONS, I URGE THE CITY COUNCIL TO REJECT THIS PROPOSAL.

THAT WAS ALREADY READ, JEFFREY BOPP SAYS. FOR THE RECORD, MY FAMILY OPPOSES ANY DEVELOPMENT, WHICH WOULD INCLUDE APARTMENTS. JOANNA LILLIS SAYS, I WOULD LIKE TO BE NOTED THAT I LIVE IN SOUTHLAKE, AND WHILE I CANNOT ATTEND THE MEETING TODAY, I OPPOSE ANY DEVELOPMENT OF APARTMENTS IN SOUTHLAKE. PLEASE DO NOT PASS ANYTHING THAT WOULD ALLOW DEVELOPERS TO COME INTO LUXURY OR TO COME INTO SOUTHLAKE AND BUILD APARTMENTS OF ANY KIND, LUXURY OR OTHERWISE. FRED COLLINS SAYS, I AM STRONGLY AGAINST THE APARTMENT DEVELOPMENT BECAUSE OF THE SEVERE CONCERNS OVER SAFETY AND TRAFFIC, AS WELL AS THAT IT IS NOT IN KEEPING WITH THE TRUE MASTER PLAN OF SOUTHLAKE AND PRESERVING ITS UNIQUE LOW DENSITY LIVING.

KAWHI ELLSBERG SAYS, I RESPECTFULLY OPPOSE THE PROPOSED APARTMENT DEVELOPMENT, AS IT REPRESENTS A FUNDAMENTAL DEPARTURE FROM THE CHARACTER SCALE AND LONG TERM VISION THAT SOUTHLAKE RESIDENCES RESIDENTS HAVE CONSISTENTLY UPHELD.

OUR CITY HAS THRIVED BECAUSE OF THOUGHTFUL PLANNING, INTENTIONAL DENSITY LIMITS, AND A COMMITMENT TO PRESERVING THE QUALITY OF LIFE THAT MAKES THE COMMUNITY EXCEPTIONAL. INTRODUCING HIGH DENSITY MULTIFAMILY HOUSING WOULD PLACE UNNECESSARY STRAIN ON OUR INFRASTRUCTURE, SCHOOLS AND PUBLIC SAFETY RESOURCE RESOURCES, WHILE OFFERING LITTLE BENEFIT TO THE RESIDENTS WHO HAVE INVESTED DEEPLY IN SOUTHLAKE.

S UNIQUE IDENTITY. I URGE THE COUNCIL TO PROTECT THE INTEGRITY OF OUR COMMUNITY AND REJECT THIS PROPOSAL.

TAYLOR DOMBROWSKI SAYS, I'M A RESIDENT OF ESTES PARK COMMUNITY IN SOUTHLAKE, TEXAS.

I AM WRITING TO FORMALLY EXPRESS MY STRONG OPPOSITION TO THE PROPOSED MIXED USE DEVELOPMENT AT THE CORNER OF STATE HIGHWAY 114 IN NORTH WHITE CHAPEL BOULEVARD.

I RESPECTFULLY URGE THE CITY COUNCIL AND PLANNING AND ZONING COMMISSION TO DENY ANY REZONING OR DEVELOPMENT PLAN APPROVAL FOR THIS PROJECT IN ITS CURRENT FORM.

THANK YOU. DANIELLE ADELMAN SAYS WE OPPOSE ANY DEVELOPMENT WITH APARTMENTS.

[03:55:02]

JENNA MACK SAYS I AM IN OPPOSITION TO THIS DEVELOPMENT WITH APARTMENTS.

WE DO NOT WANT APARTMENTS IN SOUTHLAKE. THEY DIMINISH OUR COMMUNITY AND BRING STRAIN ON OUR RESOURCES.

SOUTHLAKE IS ALREADY OVERPOPULATED AND WE DO NOT NEED 300 PLUS APARTMENTS.

BRINGING IN MORE PEOPLE SHOPPING AND OFFICES WOULD BE GREAT, BUT IT'S A HUGE NO TO APARTMENTS.

TORO MAY SAY THAT THEY WILL MANAGE THEM, BUT FOR HOW LONG? WHO IS GOING TO PAY 3000 TO $6000 A MONTH FOR AN APARTMENT WHEN THEY COULD EASILY BUY A HOME FOR THAT? BEFORE LONG, TORO WILL SELL THEM, AND AFTER SEVERAL YEARS, THE APARTMENTS WILL BECOME RUNDOWN.

KEEP OUR COMMUNITY BEAUTIFUL. MARLENE BOPP SAYS, I OPPOSE ANY.

I OPPOSE DEVELOPMENTS WITH APARTMENTS AND THE PROPOSED LOCATION IS PROBLEMATIC.

MORNING AND AFTERNOON TRAFFIC TO AND FROM CARROLL SENIOR HIGH SCHOOL AND CARROLL HIGH SCHOOL ARE ALREADY COMPLICATED WITHOUT THIS ADDITION.

JASON WANG SAYS NO NEW APARTMENTS. NEIL GRAY SAYS, I AM COMPLETELY AGAINST THE CONCEPT OF ANY RENTAL UNITS OR ANY HIGH DENSITY UNITS TO BE BUILT AT THE CARROLL ON SITE NEAR WHITECHAPEL AND 114.

SHERRY LEE SAYS PLEASE DO NOT ENTERTAIN OR PROVE ANY APARTMENTS IN THE CITY OF SOUTHLAKE.

PUBLIC OPINION HAS NOT CHANGED IN OVER 28 YEARS.

WE DO NOT WANT MULTIFAMILY HOUSING APARTMENTS.

WE ARE GREAT BECAUSE WE HAVE HOMEOWNERS THAT CARE ABOUT THIS COMMUNITY AND HAVE BOUGHT INTO SUPPORTING THE COMMUNITY, PRIDE AND OWNERSHIP, AND WE PAY THE PROPERTY TAXES, DANA SAYS.

TOTALLY AGAINST THE PROPOSED DEVELOPMENT, ONCE AGAIN, CERTAIN MEMBERS OF OUR CITY GOVERNMENT ARE GOING OUT OF THEIR WAY TO CHANGE OUR CURRENT MASTER PLAN. I'M REQUESTING FULL DISCLOSURE OF WHICH MEMBERS WENT TO ATLANTA TO DISCUSS THIS PLAN AND HOW IT WAS FINANCED.

KAREN BUMGARDNER SAYS, MY HUSBAND AND I HAVE BEEN RESIDENTS OF SOUTHLAKE FOR 32 YEARS AND BEEN OPPOSED TO APARTMENTS FROM THE BEGINNING, AND STILL STAND BY OUR BELIEFS THAT NO APARTMENTS ARE NEEDED OR WANTED IN SOUTHLAKE. MANY OF YOU RAN BEING OPPOSED TO HIGH DENSITY.

NOW, ONE OF YOU SOUGHT OUT THIS DEVELOPER TO BUILD 300 PLUS APARTMENTS IN SOUTHLAKE AND A SELECT CHOSEN OF.

YOU TRAVELED TO GEORGIA ON TAXPAYERS MONEY TO SEE A SIMILAR DEVELOPMENT.

SO WHAT HAS CHANGED YOUR MIND? BECAUSE FROM WHAT I HAVE SEEN ON SOCIAL MEDIA AND HEARD AMONG FRIENDS, WE ARE ALL STILL OPPOSED TO HIGH DENSITY HOUSING, WHICH IN THIS CASE IS THE PROPOSED 300 PLUS APARTMENTS.

WE DON'T NEED THEM, AND WE SHOULD HAVE AND WE SHOULD NOT HAVE TO GIVE IN JUST BECAUSE THIS DEVELOPER WANTS TO MAKE BIG BUCKS ON THIS PROPOSED DEVELOPMENT.

THAT'S NOT THE CITIZENS PROBLEM. IF THE DEVELOPER CANNOT FOLLOW THE RULES THAT HAVE BEEN ESTABLISHED. MAYBE THIS ISN'T THE RIGHT RELATIONSHIP WE NEED TO BE INVOLVED IN. PLEASE DON'T BEND ON THIS BECAUSE IF YOU LET THESE APARTMENTS IN, MORE WILL FOLLOW.

WE DON'T NEED THEM AND WE DON'T WANT THEM. PLEASE STAND BY. WHAT YOU RAN ON BEING OPPOSED TO HIGH DENSITY HOUSING AND SOUTHLAKE REPRESENT THE PEOPLE THAT YOU VOTED IN. LACEY MILANI SAYS AS A SOUTHLAKE RESIDENT MOM OF TWO YOUNG DRAGONS AND BUSINESS OWNER IN SOUTHLAKE, I SUPPORT THE RETAIL AND DINING THAT CELESTE WOULD BRING SOUTHLAKE. HOWEVER, I AM VEHEMENTLY OPPOSED TO APARTMENTS OR RENTAL HOUSING OF ANY KIND.

THE FACTS. THE FACT THAT SOUTHLAKE DOES NOT ALLOW THAT CURRENTLY IS WHY WE CHOSE SOUTHLAKE OVER HIGHLAND PARK.

SOUTHLAKE DOES NOT NEED OR WANT HIGH DENSITY HOUSING. IT WOULD ONLY BRING OUR SCHOOLS DOWN IF THINGS LIKE THIS START COMING TO OUR COMMUNITY. WE WOULD CONSIDER SELLING OUR HOME AND MOVING BACK TO HIGHLAND PARK. STACY LOCKE SAYS WHAT PRECEDENT IN SOUTHLAKE SUPPORTS APPROVAL OF THIS LEVEL OF MULTIFAMILY DENSITY.

AND HOW DOES THIS PROJECT ALIGN WITH SOUTHLAKE LONG STANDING IDENTITY AS A LOW DENSITY ESTATE LAW COMMUNITY? CALE GREEN SAYS THE PLOT OF LAND BETWEEN 114 DOVE AND WHITECHAPEL HAS BEEN A COW FIELD SINCE SOUTHLAKE CAME INTO EXISTENCE.

MEANWHILE, SOUTHLAKE HAS GROWN AND BEEN A MASTERFULLY PLANNED COMMUNITY OF GREAT SUCCESS OVER ALL THOSE YEARS.

NOW, SUDDENLY, WE NEED HIGH DENSITY HOUSING AND APARTMENTS FOR SOUTHLAKE TO CONTINUE THAT SUCCESS. PLEASE EXPLAIN WHY THAT IS THE CASE SO THAT PEOPLE CAN UNDERSTAND ANYONE WHO SUPPORTS THAT IDEA. KATHY SAYS, I AM WRITING TO EXPRESS MY OPPOSITION TO THE PROPOSED DEVELOPMENT.

THE PROPOSAL DOES NOT MEET CITY OF SOUTHLAKE ORDINANCES FORBIDDING APARTMENT COMPLEXES OF THIS OR ANY SIZE.

SOUTHLAKE HAS BASED ITS IDENTITY ON TOUTING A LEGACY OF LOW DENSITY, NO APARTMENT HOUSING.

IT ALSO WOULD SET A DISTURBING PRECEDENT THAT WOULD MAKE IT EXTREMELY DIFFICULT TO DENY SIMILAR OR LARGER DEVELOPMENTS IN THE FUTURE. IT IS ALSO DISTURBING TO KNOW THAT THIS DEVELOPER WAS APPROACHED BY THE CITY CONTINGENT, WHO TRAVELED TO ATLANTA ON TAXPAYER MONEY.

IT SMELLS OF IMPROPRIETY. DONNA HARRIS SAYS, I DO NOT AGREE WITH PROPOSAL TO HAVE HIGH END APARTMENTS ADDED TO THE CAROLINA DEVELOPMENT. I BELIEVE THIS DEVELOPER DOES NOT UNDERSTAND SOUTHLAKE.

HE HAS REDUCED THE AREAS THAT WOULD BE FOR GATHERING AND OUTSIDE COMMON AREAS TO ENSURE HE HAS MORE SPACE FOR APARTMENTS.

TORO ATLANTA DEVELOPMENT WILL NOT WORK IN THIS SPACE IN SOUTHLAKE NO APARTMENT DEVELOPMENT.

JULIE MANDEVILLE SAYS PLEASE VOTE NO AND DO NOT LET THIS DEVELOPMENT PROCEED.

ABSOLUTELY NO APARTMENTS. KATHLEEN CIPRIANO SAYS AS A 24 YEAR CITIZEN OF SOUTHLAKE HERE, I STRONGLY OBJECT TO THE DEVELOPMENT OF HIGH DENSITY RENTAL APARTMENTS IN OUR TOWN. IF THE DEVELOPER CANNOT GET FUNDING FOR THE PROPOSED PROJECT, INCLUDING RETAIL AND OFFICES WITHOUT RENTAL APARTMENTS, WE SHOULD CONSIDER OTHER DEVELOPERS. THANK YOU.

GABRIELLA BOBER SAYS I AM OPPOSED TO THIS DEVELOPMENT.

HIGH DENSITY, MIXED USE DEVELOPMENTS ARE NOT RIGHT FOR SOUTHLAKE.

THIS DEVELOPMENT IS NOT RIGHT FOR SOUTHLAKE. AS THE MOTHER OF TWO YOUNG CHILDREN, I AM CONCERNED ABOUT THE IMPACTS OF THIS DEVELOPMENT ON THE SCHOOL DISTRICT. ONE OF THE

[04:00:01]

MR. TORO SEEMS TO HAVE NO IDEA HOW THIS. HOW HIS DEVELOPMENT WILL IMPACT THE COMMUNITY ON SEVERAL FRONTS, FROM TRAFFIC TO PARKING TO ENVIRONMENTAL IMPACTS FROM THE DEVELOPMENT. THE HOUSE IS GOING UP IN THE CANYON.

DEVELOPMENT NEXT TO THIS AREA ARE ALREADY HIGH DENSITY AND AN EYESORE, TURNING SOUTHLAKE INTO THE NEXT FRISCO WITH HIGH DENSITY HOMES AND NO MATURE TREES OR GREEN SPACES. IF THIS GETS APPROVED, MY HUSBAND AND I HAVE ALREADY DISCUSSED MOVING FROM SOUTHLAKE TO WESTLAKE.

BENEFITS OF HAVING THE C ISD WITHOUT THE IMPACT OF THE TERRIBLE DEVELOPMENT DECISIONS PROPOSED BY MR. TORO. TABITHA HANEY SAYS, IN NO WAY DO HIGH DENSITY APARTMENTS FIT THE SMALL TOWN FEEL OF SOUTHLAKE, AND WOULD VERY NEGATIVELY IMPACT THE TRAFFIC ISSUES, WHICH ARE ALREADY AWFUL IN SOUTHLAKE. THERE IS ALSO NO PLAN HOW THE SCHOOLS WILL BE ABLE TO ABSORB ANY INFLUX OF NEW STUDENTS, ESPECIALLY SINCE THE TWO INTERMEDIATE SCHOOLS ARE BEING CLOSED DOWN.

AND JOAN GONZALEZ SAYS PLEASE VOTE NO TO APARTMENTS.

WE WANT LOW DENSITY. CAN'T BELIEVE WE ARE HERE AGAIN.

SOUTHLAKE DOES NOT WANT ANY APARTMENTS. THANK YOU.

SO, MR. TORO. YOU'RE WELCOME TO ADDRESS ANY OF THOSE COMMENTS OR HAVE ANY.

IF YOU HAVE ANY CLOSING WORDS. SINCE WE'RE FOUR HOURS AND ONE MINUTE IN.

I WAS THINKING YOU WHEN YOU HAD 33 SECONDS LEFT AND YOU HAD THREE MORE TO READ.

I WAS HOPING YOU COULD, LIKE, SPEED IT UP SO THEY COULD JUST GET IN UNDER FOUR HOURS.

THANK YOU ALL FOR BEING HERE. THIS IS NOT UNCOMMON IN OUR BUSINESS THAT WE SPEND TIME WITH COMMUNITIES, NEIGHBORHOOD GROUPS, ELECTED OFFICIALS.

IT'S NOT THE FIRST TIME THAT I HAVE BEEN ASKED TO LEAVE A CITY.

PROBABLY WOULD NOT BE THE LAST TIME. I WAS ACTUALLY ASKED TO LEAVE ALPHARETTA BEFORE AVALON.

AND I MY UNDERSTANDING IS THAT BEFORE SOUTHLAKE TOWN SQUARE WAS DEVELOPED, THAT COOPER AND STEVENS WAS ASKED TO LEAVE SOUTHLAKE.

SO I WAS ABOUT TO SAY I'M UNDAUNTED, BUT NOT UNDETERRED.

I'M NOT SURE THERE'S. THAT MAY BE A DISTINCTION WITHOUT A DIFFERENCE.

BUT WE'LL BE BACK. THANK YOU ALL. BEFORE WE MOVE ON TO OUR FINAL AGENDA ITEM THIS EVENING, WE'RE GOING TO TAKE A BRIEF RECESS TO TRANSITION TO THE NEXT PRESENTATION, SO WE'LL BE BACK IN JUST A FEW MINUTES. OKAY, EVERYONE, WE'RE ABOUT TO GET STARTED AGAIN IF EVERYBODY WANTS TO.

IF ANYBODY NEEDS TO TAKE A SEAT. WE GOT PLENTY OF SEATS NOW.

SO WE'RE GOING TO GET STARTED ON OUR NEXT ITEM.

[3. SPIN2026-07 – An applicant is proposing an approximately 18-acre senior living development, known as Touchmark at Southlake, to be located on the southeast corner of N. Carroll Avenue and E. Highland Street, and generally located north of The Westin Dallas Southlake Hotel and east of Cedar Ridge Office Park, within SPIN Neighborhood #3.]

AN APPLICANT IS PROPOSING AN APPROXIMATELY 18 ACRE SENIOR LIVING DEVELOPMENT KNOWN AS TOUCHMARK AT SOUTHLAKE, TO BE LOCATED ON THE SOUTHEAST CORNER OF NORTH CARROLL AVENUE AND EAST HIGHLAND STREET AND GENERALLY LOCATED NORTH OF THE WESTERN DALLAS SOUTHLAKE HOTEL AND EAST OF CEDAR RIDGE OFFICE PARK WITHIN SPIN NEIGHBORHOOD NUMBER THREE.

MR. YOUNG.

GOOD EVENING. MY NAME IS CURTIS YOUNG WITH THE SAGE GROUP HERE IN SOUTHLAKE.

AND FOR THOSE OF YOU THAT HAVE STUCK AROUND FOR THIS, WE APPRECIATE YOUR PATIENCE.

THIS IS A PROJECT THAT WE'VE BEEN WORKING ON FOR SOME TIME.

IN FACT, IT'S ALREADY BEEN TO THE CORRIDOR MEETING MANY MONTHS AGO.

BUT WE'D LIKE TO, WE GOT A LOT OF GREAT INPUT FROM THE CITY THEN WE'VE, WE'VE GOT INPUT FROM VARIOUS PEOPLE AROUND THIS TOWN ON THIS, INCLUDING THE, THE SENIOR ADVISORY COMMISSION.

AND FIRST OF ALL, WE'VE, WE'VE GOT A GREAT TEAM DESIGN TEAM HERE PLUS THE DEVELOPMENT COMPANY TOUCH MARK.

AND I'D LIKE TO INTRODUCE FIRST KENDRA LACKEY WITH TOUCH MARK TO LET YOU KNOW A LITTLE BIT ABOUT THEM AND THEIR APPROACH.

HELLO, EVERYONE, AND WE'LL TRY TO KEEP THIS SHORT SO THAT WE CAN GET TO YOUR QUESTIONS.

FIRST, I'LL SHARE WITH YOU A LITTLE BIT ABOUT TOUCH MARK.

TOUCH MARK IS A 45 YEAR OLD PRIVATELY HELD COMPANY.

WE HAVE DO I, CAN I DO THIS OR DO YOU ALL HAVE TO DO IT? OKAY. ALL RIGHT. 45 YEAR OLD PRIVATELY HELD COMPANY.

WE HAVE 4000 RESIDENTS CURRENTLY. WE HAVE ABOUT 3000 TEAM MEMBERS.

THIS IS A LITTLE OLD. AND WE ARE ONE GROUP OF PEOPLE WHO OWN THE COMPANY.

WE HAVE NINE SHAREHOLDERS. WE ALL WORK AT TOUCH MARK, AND OUR CHAIRMAN AND FOUNDER HAS BEEN DOING THIS FOR 45 YEARS OLD.

HE'S FROM NORTH DAKOTA AND HE STARTED THIS BECAUSE HIS MOM, WHO WAS VERY VIBRANT, WAS A LITTLE READY TO COME OFF THE FARM, AND HIS DAD WAS SUFFERING EARLY DEMENTIA AND THEY COULDN'T LIVE TOGETHER.

[04:05:01]

AND WE DO THAT THROUGH OUR HOME TYPES. WE HAVE SINGLE FAMILY HOMES, WE HAVE COTTAGES, WE HAVE VILLAS, WE HAVE INDEPENDENT LIVING, ASSISTED LIVING AND MEMORY CARE.

AND WE DO THAT ON ALL IN ONE COMMUNITY. SO WHEN SOMEONE MAY MOVE A FEW TIMES AS THEY'RE GOING THROUGH THE AGING PROCESS, THEY THEY MOVE TO TOUCHMARK AND THEY CONSIDER THAT THEIR MOVE.

AND THEN THEY GET INTO THE PLACE IN THAT HOME.

THAT'S THE HIGHEST LEVEL OF CARE AND THE HIGHEST LEVEL OF INDEPENDENCE THEY CAN HAVE.

SO YOU OFTENTIMES MAY HAVE A MOM LIVING IN INDEPENDENT LIVING AND A STEPDAD LIVING IN MEMORY CARE, WHICH WAS ME UNTIL ABOUT THREE MONTHS AGO WHEN MY STEPDAD PASSED AND HE WAS AT A TOUCH MARK, AND MY MOM IS STILL HITTING 20,000 STEPS A DAY AND LIVING HER LIFE AT TOUCH MARK.

WE'VE WATCHED THE OTHER PROJECTS THAT OUR SENIOR LIVING THAT HAVE COME THROUGH SOUTHLAKE, AND WE LISTENED TO WHAT YOU HAD TO SAY ABOUT THOSE PROJECTS, ONE OF WHICH IS IF ONLY THIS WAS NEAR 114, WE WOULD LOVE IT.

AND SO WHEN THIS OPPORTUNITY CAME ALONG OF A PIECE OF PROPERTY THAT WAS FOR SALE BY THE SOUTHLAKE CAROL ISD, WE THOUGHT THIS WAS THE REALLY A GOOD FIT FOR NOT ONLY TOUCH MARK, BUT FOR THE SOUTH LAKE COMMUNITY.

WHY DOES SOUTH LAKE COMMUNITY NEED SENIOR LIVING? CURRENTLY, YOU HAVE 1600 RESIDENTS THAT ARE OVER 75 YEARS OLD.

IN TEN YEARS THAT WILL DOUBLE. IN 30 YEARS YOU'LL HAVE OVER 7000.

AND EVEN IF NO ONE MOVES IN OR MOVES OUT, THAT WILL OUTPACE THE STATE OF TEXAS BY 20%.

AS AS AS IT RELATES TO THE POPULATION GROWTH OF SENIOR LIVING.

THE SILVER TSUNAMI IS COMING. AND YOU KNOW WHAT? Y'ALL DON'T WANT TO LEAVE SOUTHLAKE. I HEARD THAT VERY CLEAR ON THIS THIS FIRST TESTIMONY.

AND WE DON'T WANT YOU TO HAVE TO EITHER, BUT WE NEED TO PROVIDE A GREAT PLACE THAT IS TO THE LEVEL OF LUXURY AND LIFESTYLE AND REFINEMENT THAT YOU'RE USED TO, USED TO LIVING. RIGHT NOW, YOU HAVE NO COMMUNITIES THAT ARE SENIOR LIVING IN SOUTHLAKE THAT PROVIDE THAT CONTINUE THAT CONTINUING CONTINUATION AS CARE. AND THE ONES THAT YOU DO HAVE SOME A LITTLE INDEPENDENT LIVING, OTHERS ASSISTED LIVING AND MEMORY CARE, THEY ARE FULL.

NOW WE LOOK TO BE THE BEST IN EACH COMMUNITY AT WHEREVER TOUCHMARK IS.

IF IT'S IN FARGO, NORTH DAKOTA, OR GEORGETOWN, TEXAS, WE WANT TO BE THE BEST.

AND WHEN WE COME TO SOUTHLAKE, WE INTEND TO BE THE BEST IN THAT COMMUNITY.

WE LOOK TO TARGET THE TOP 25% OF THE HOUSEHOLD AND INCOME.

SO THAT GIVES YOU AN IDEA OF THE LEVEL OF QUALITY OF THIS PROJECT, BECAUSE WE NEED TO DELIVER A PROJECT THAT HITS THAT TARGET MARKET AND THAT IN SOUTHLAKE IS QUITE HIGH. WE CREATE VIBRANT SPACES.

WE HAVE AMENITIES OUT THE WAZOO FOR OUR RESIDENTS, ANYWHERE FROM MOVIE THEATERS TO MULTIPLE DINING VENUES, POOLS, HEALTH AND FITNESS CLUBS, MAN CAVES, YOU KNOW, GOLF COURSE, HITTING STUDIOS, THOSE ARE ALL IN A TOUCH MARK.

THAT'S A THAT'S GREAT BECAUSE OUR RESIDENTS LOVE TO WALK AND THEY DON'T LIKE TO DRIVE.

SO WE BRING ALL THEIR AMENITIES AND THEIR LIFESTYLES.

THEY'RE EXPECTING TO OUR TOUCH MARK COMMUNITY.

AND THE REASON WHY OUR COMMUNITIES ARE DEVELOPED THE WAY THEY DO IS BECAUSE OF THAT.

OUR RESIDENTS LOVE TO WALK. THEY CAN'T WALK THREE MILES ACROSS 114 TO DO ALL THESE THESE AMENITIES.

SO WE BRING THEM TO THEM. AND THAT MEANS THAT WE HAVE TO HAVE THEM IN PROXIMITY TO WHERE THEY LIVE.

TOUCH MARK WILL BRING VERY LITTLE TRAFFIC COMPARED TO OTHER USES.

WE WILL HAVE NO CRIME. WE WILL HAVE NO ADDITIONAL LOAD ON YOUR PARKS AND SCHOOLS.

WE PAY A LOT OF PROPERTY TAXES. WE ARE A FOR PROFIT COMPANY.

THAT MEANS THAT A LOT OF NONPROFIT SENIOR LIVINGS DON'T PROVIDE TO THE TAX BASE.

WE PLAN TO BE A COMMUNITY PARTNER FOR YEARS TO COME.

WE HAVE WE DEVELOP, OWN, AND OPERATE EVERY SINGLE ONE OF THE COMMUNITIES THAT WE HAVE.

SO THIS A YEAR AGO, WE STARTED TALKING TO PEOPLE IN SOUTHLAKE AND FOR DECADES TO COME, THE SAME TOUCH MARK, COMMUNITY MEMBERS WILL BE HERE TALKING TO YOU.

THIS IS VERY RARE IN SENIOR LIVING. ONLY 5% OF SENIOR LIVING OPERATORS ARE DEVELOPERS, OWNERS, OPERATORS. USUALLY IT'S A DEVELOPER. THEY HIRE AN OPERATOR.

A COUPLE OF YEARS LATER, THEY SELL IT TO A REIT.

AND THOSE THOSE OWNERS TRADE ON THE ON THE COMMERCIAL INVESTMENT SPACE.

AND EVERY 3 OR 4 YEARS YOU'LL GET A NEW OPERATOR THAT IS NOT TOUCH.

MARK, WE'LL BE HERE FOR DECADES TO COME. THIS IS NEEDED FOR SOUTHLAKE SENIORS.

WE'RE REALLY EXCITED TO SHOW YOU WHAT WE HAVE TO SHARE WITH OUR PROJECT.

[04:10:02]

I'M GOING TO GIVE IT BACK TO CURTIS, WHO'S GOING TO TELL YOU A LITTLE BIT ABOUT THE SPECIFIC LOCATION THAT WE HAVE, THAT WE'VE PARTNERED WITH THE PUBLIC, THE PUBLIC ISD CAROL, TO BRING THIS PROJECT TO YOU.

THANK YOU. THANK YOU. KENDRA. THE NEXT SLIDE SHOWS SOME OF THE OTHER USES FACILITIES THAT KENDRA WAS MENTIONING, NONE OF WHICH ARE AS NEAR AS COMPREHENSIVE OR THE QUALITY LEVEL OF WHAT WE'RE PROPOSING HERE TODAY. AND YOU CAN SEE THAT MANY OF THEM ARE OUT AND INTO THE COMMUNITIES.

THE RED STAR THERE IS OUR SITE AND IT'S SELECTED THERE FOR A VERY SPECIFIC REASON.

WE'VE BEEN LISTENING NOW FOR SOME TIME ABOUT THE USE IT'S BEEN TRIED ELSEWHERE IN SOUTHLAKE AND NOT APPROVED.

WE HEARD THAT IT NEEDS TO BE IN THE COMMERCIAL CORRIDOR ALONG SOUTHLAKE ALONG 114.

AND SO THIS, THIS DIAGRAM SHOWS YOUR LAND USE PLAN.

ONE THING WE WANT TO MAKE SURE WE ARE HERE IS CONSISTENT WITH THE LAND USE PLAN OF SOUTHLAKE.

SOUTHLAKE. ESSENTIALLY THIS IS HIGHWAY 114 HERE.

THIS IS KIRKWOOD BOULEVARD, WHICH WIGGLES AND WAGGLES A LITTLE BIT BUT BASICALLY PARALLELS 114 AND BETWEEN KIRKWOOD AND 114 IS ESSENTIALLY THE COMMERCIAL CORRIDOR. ALONG 114 TO THE NORTH OF 114.

THIS PROPERTY IS HERE WITHIN THAT, ITS LAND USE PLAN HAS ACTUALLY THREE DIFFERENT DESIGNATIONS RETAIL, COMMERCIAL, MIXED USE AND OFFICE COMMERCIAL. IT'S CURRENTLY OWNED BY THE SCHOOL DISTRICT, AS KENDRA SAID.

AND IT HAS CEASED TO BE A SCHOOL SITE ON THAT.

ONE OF THE THINGS WE'VE DONE HERE IS TO REALLY TRY TO SPECIALIZE THIS, TO RESPOND TO WHAT SOUTHLAKE IS.

AND SOME OF US HAVE BEEN AROUND HERE A LONG TIME, AND WE'VE TALKED ABOUT THIS, WE'VE TALKED ABOUT WITH A LOT OF THE NEIGHBORS HERE AND WHAT SOME OF THE SITUATIONS ARE IN SOUTHLAKE, WE KNOW THAT THAT THE SCHOOL DISTRICT IS LOSING ENROLLMENT AND STUDENT POPULATION.

AND SO THEY'RE, THEY'VE CLOSED A COUPLE SCHOOLS.

ONE OF THE REASONS THAT THIS PROPERTY IS AVAILABLE IS BECAUSE NUMBER ONE, THE SCHOOLS ARE PRETTY OLD, BUT NUMBER TWO, IT'S NO LONGER NEEDED IN A SCHOOL DISTRICT THAT'S LOSING STUDENTS.

THE OTHER THING IS THAT YOU KNOW, WHEN A COMMUNITY IS NEW, IT HAS A LOT OF YOUNG FAMILIES MOVE INTO IT AS A COMMUNITY MATURES.

IT GETS A LOT OF PEOPLE LIKE ME, EMPTY NESTERS WHO TEND TO AGE IN PLACE.

THEY DON'T WANT TO MOVE BECAUSE THEY WANT TO LIVE IN THE COMMUNITY THAT THEY'VE GROWN THEIR FAMILY UP INTO AND THEY LOVE.

BUT ONE OF THE THINGS HERE IN SOUTHLAKE IS WE DON'T HAVE A LOT OF OPTIONS FOR THEM TO MOVE TO OUT OF THEIR FOUR AND FIVE BEDROOM HOME THAT PREVIOUSLY HELD SCHOOL AGE CHILDREN. SO I THINK THE, THE EMPTY NESTERS IN RESPONSE ARE REINVESTING INTO THEIR HOMES, FIXING THEM UP, BUT THEY'RE NOT MOVING OUT AND ALLOWING SCHOOL AGED CHILDREN TO MOVE IN.

SO THAT'S ALSO CONTRIBUTED TO THE LOWERING OF OF ENROLLMENT.

THE VALUATION OF THE HOMES ARE GOING UP. IT'S IT'S MORE DIFFICULT FOR A FAMILY WITH WITH SCHOOL AGED CHILDREN TO PURCHASE HOMES.

AND AS THEY GET HIGHER AND HIGHER IN VALUE ONE OF THE THINGS WE'VE TRIED HARD TO DO IS TO UNDERSTAND THE SENIOR LIVING LIFESTYLE FOR SOUTHLAKE. AND IT'S NOT JUST A ONE SIZE FITS ALL.

IT'S A VARIETY OF NEEDS. IT'S A VARIETY OF PEOPLE IN THEIR BACKGROUNDS.

SOME OF THEM ARE EXTREMELY INDEPENDENT, EVEN WHEN THEY WOULD LIKE TO MOVE TO A SENIOR LIVING COMMUNITY LIKE THIS.

BUT THEY APPRECIATE THE RESORT TYPE LIFESTYLE THAT THEY CAN LIVE HERE.

BUT THE PROBLEM IS THERE'S A VERY LIMITED AVAILABILITY OF THOSE KIND OF USES HERE IN THIS AREA, AND CERTAINLY NONE OF THE QUALITY THAT WE'RE PROPOSING.

THE OFFERING, THE MIX OF LIVING OPTIONS HERE FOR THE INDEPENDENT LIVING WILL BE VAST.

IT'LL RANGE ANYWHERE FROM THE COURTYARD VILLAS, WHICH ARE SINGLE STORY WITH SPECIALTY COURTYARDS, BEAUTIFUL LANDSCAPING AROUND THE OTHER ONE WE'RE CALLING THE RESIDENTIAL FLATS TEN BUILDINGS OR TEN UNITS

[04:15:02]

THAT'S THE CLUB LIFE THAT WILL HAVE FOCUS ON HOSPITALITY.

THAT'LL BE LIKE LIVING IN A RESORT HOTEL SOMEWHERE.

IT'S REALLY GOOD SPECIALTY DINING SERVICE, EXCEPTIONAL LEVEL OF CARE SOCIAL ACTIVITIES, FITNESS ACTIVITIES JUST, JUST A REALLY ELEVATED LIFESTYLE. AND OF COURSE, ANYTIME YOU HAVE RESIDENTS THAT ARE SENIORS, ESPECIALLY ADVANCED SENIORS SOME OF THEM WILL NEED MORE CARE AS THEY GO ALONG.

SO THE, THEY'RE ALSO GOING TO BE DEVELOPING ASSISTED LIVING AND MEMORY CARE FACILITIES FOR THE RESIDENTS TO BE ABLE TO UTILIZE HERE IS THE PROPERTY KIND OF AN OBLIQUE VIEW.

THIS SHOWS KIRKWOOD TO THE LEFT HERE. 114 TO THE RIGHT.

YOU CAN SEE THIS IS THE COMMERCIAL CORRIDOR ALONG.

114 I WAS SPEAKING OF THIS IS THE SCHOOL PROPERTY HERE.

THE OLD SCHOOL THAT WAS IN HERE AT ONE POINT WAS ACTUALLY CARROLL HIGH SCHOOL YEARS AND YEARS AGO.

YOU CAN SEE THE SIX STORY WESTIN HOTEL NEXT DOOR TO US OVER HERE, RIGHT ON THE FREEWAY.

SOUTHLAKE TOWN SQUARE IS IN THE BACKGROUND HERE.

WE'RE ACROSS THE STREET TO THE WEST OF THE CEDAR RIDGE OFFICE PARK, WHICH IS A ONE STORY BUILDING ON CARROLL TRANSITIONING TO TWO STORY BUILDINGS FURTHER IN. AND THEN THERE'S OFFICES AND SCHOOLS AND CHURCHES TO THE NORTH OF US AS WELL.

IN THE FAR BACKGROUND, THERE IS GATEWAY CHURCH.

IF SOME OF YOU AREN'T FAMILIAR WITH THE EXACT SITE.

THIS IS A THREE STORY OFFICE BUILDING RIGHT ON KIRKWOOD.

THAT'S THAT'S ACROSS THE STREET ACROSS GRACE LANE FROM US HERE THAT USED TO BE WAS DEVELOPED BY OFFSHOOT OF, OF GATEWAY CHURCH THERE. HERE'S THE SITE AND WE'LL GO THROUGH THE, THE SITE PLAN HERE IN DETAIL, BUT WE'RE ABOUT 280FT OFF OF THE EDGE OF THE FRONTAGE ROAD HERE.

HERE'S THE WESTIN HOTEL HERE. HERE'S THAT THREE STORY OFFICE HERE.

CHURCH HERE. CEDAR RIDGE OFFICE PARK, WHICH IS THIS COLLECTION OF ALL THESE BUILDINGS INCLUDES A BANK OFFICE BUILDINGS, A TWO STORY OFFICE BUILDINGS, ONE STORY OFFICE BUILDINGS, OFFICE TO OUR NORTH CHURCH THERE.

THE CLOSEST RESIDENTIAL IS OVER HERE, NOT IMMEDIATELY ADJACENT TO US, BUT WE'VE CERTAINLY TAKEN THAT INTO ACCOUNT IN OUR, OUR PLANNING. IT DOES LEAVE ENOUGH ROOM HERE ON THE HARD CORNER, IF YOU WILL, FOR FUTURE RETAIL.

THAT'S WHAT THE LAND USE PLAN CALLS FOR THERE.

AND SO WE'RE NOT, WE'RE NOT REMOVING THE CORNER RETAIL ON THAT.

BUT I'M SURE YOU'RE ALL INTERESTED IN THE SITE PLAN, WHAT WE'RE PLANNING ON THERE.

AND I'D LIKE TO INTRODUCE SIOBHAN FARVARDIN HERE WITH HKS WHO HAS IN CHARGE OF THE DESIGN.

GREAT. THANK YOU CURTIS. SO THANK YOU FOR ORIENTATING US AROUND THE PERIMETER OF THE SITE.

AS I'LL WALK YOU THROUGH THE MIDDLE OF THE CAMPUS.

THIS IS REALLY RESORT PLANNING AT ITS BEST, AND WE REALLY WANTED TO KEEP MOST OF THE DEVELOPMENT OFF OF KIRKWOOD BOULEVARD AND REALLY BRINGING MUCH OF THE CONCENTRATION TO THE SOUTH END OF THE PROPERTY.

WE SEE NORTH CARROLL AVENUE AS THE MAIN ENTRANCE.

IT'S THE GATEWAY TO THE TOWN CENTER, SO THAT BECOMES ESSENTIALLY THE MAIN ENTRANCE TO THE INDEPENDENT LIVING RIGHT HERE THAT YOU CAN SEE.

WE REALLY YOU'LL SEE A DIAGRAM IN A LITTLE BIT WHERE WE TALK ABOUT THE RELATIONSHIP FROM THE PROPERTY LINE TO THE MAIN BUILDING, BUT IT'S ESSENTIALLY A FOOTBALL FIELD AWAY. CURTIS HAD MENTIONED THE ONE STORY OFFICES ALONG THE STREET.

WE HAVE ONE STORY VILLAS. THESE ARE APPROXIMATELY 1700 TO 2000FT².

THEY ARE GROUPED TOGETHER IN THREES SO THAT THEY HAVE MORE OF A WALKABLE ENVIRONMENT AND COMPLEMENTARY TO THE THE I L BUILDING. AND THEN HERE WE HAVE THE HEALTH CARE.

THIS IS MAINLY ASSISTED LIVING PEOPLE WITH HIGHER ACUITY NEEDS.

THAT MAY HAVE A LOVED ONE THAT LIVES IN THE INDEPENDENT LIVING AND MEMORY CARE.

AND THEN OVER TO THE NORTHEAST, WE HAVE THE RESIDENT FLATS.

THESE ARE MUCH LIKE AN, A RANGE OF 1700 TO 2000FT².

THERE'S TEN IN EACH BUILDING AND THEY WILL HAVE TUCK IN GARAGES.

YOU'LL SEE THAT THERE'S NOT A LOT OF PARKING.

[04:20:01]

WE HAVE MUCH OF THE RESIDENT PARKING UNDERNEATH THIS GARDEN AREA HERE, HERE AND THEN UNDERNEATH THE BUILDING.

AND THE REASON FOR THAT IS WE REALLY WANTED TO PRESERVE THE GREEN SCAPE.

AND THERE WAS A LOT OF NATURE AROUND THE EDGES THAT WE WANTED TO MAINTAIN.

AND MAKE SURE THAT, THAT WE KEPT THAT DEVELOPMENT SECURE.

I'LL ORIENTATE YOU TOWARDS THE CIRCULATION OF THE SITE WHAT YOU SEE IN RED HERE, THIS IS MAINLY FOR VISITORS THAT WOULD BE COMING HERE. THEY COULD COME HERE AND DROP OFF, BUT IF YOU'RE A RESIDENT THAT LIVES IN AN INDEPENDENT LIVING, YOU COME INTO THE PARKING UNDERGROUND HERE. OR YOU COULD COME INTO THE SOUTH END.

THAT WOULD BE THE PARKING. SO REALLY JUST CENTRALIZING IT SO THAT IT DOESN'T GO BEYOND THIS POINT RIGHT HERE.

THEN WE HAVE IN BLUE IT'S THE LOWER DENSITY HYBRID HOMES.

AND THEN THE VILLAS RIGHT HERE THEY WOULD HAVE THEIR OWN LITTLE ALLEYWAYS THAT WOULD TAKE THEM TO THEIR GARAGES.

AND THEN FOR LOADING, WE REALLY WANTED TO BE COMPLEMENTARY TO THE WESTIN AND NOT HAVING SERVICE THAT WOULD BE DISTRIBUTED ANYWHERE ELSE.

SO TUCKING THAT IN CLOSE PROXIMITY TO WHERE THE WESTON IS AT THE SOUTH EAST CORNER, THAT WOULD BE THE DOCK RIGHT HERE. IT WOULD BE ESSENTIALLY SHIELDED BY A LOT OF THIS BUILDING RIGHT HERE.

SO THERE WOULDN'T BE A LOT OF ACTIVITY THERE THAT YOU WOULD SEE FROM KIRKWOOD OR NORTH OF CARROLL.

SO I'LL WALK YOU THROUGH THE DIFFERENT DIFFERENT TYPE OF TYPOLOGIES.

SOME OF THESE WILL BE IN VARIOUS PHASES. WHAT WE'RE TALKING ABOUT TODAY IS JUST PHASE ONE.

TOUCH MARK WILL EVALUATE IF THERE IS A NEED FOR PHASE TWO.

MARKET CONDITIONS CAN CHANGE, SO WE WON'T BE TALKING ABOUT THAT.

AT THIS TIME THIS IS ESSENTIALLY THE ONE STORY VILLAS THAT ARE COMPLEMENTARY TO IN SIZE TO THE OFFICES ACROSS THE STREET.

AS I MENTIONED, THERE'S THREE AND EACH HAS THREE UNITS INSIDE OF THEM RANGING IN 1800FT².

AND THEN THEY HAVE COURTYARDS WITHIN THERE THAT BRING IN NATURAL LANDSCAPE INSIDE AND OUTSIDE CONNECTION.

WE REALLY LOOKED AROUND ON ZILLOW AND LOOKING AT THE PROPERTIES IN AND AROUND SOUTH LAKE, AND THERE WAS QUITE A, QUITE A FEW VARIETY OF PRODUCT IN FRENCH MEDITERRANEAN ALL, ALL DIFFERENT KIND OF STYLE.

AND WHAT REALLY APPEALED TO INSIDE OUTSIDE CONNECTION WAS KIND OF A MISSION STYLE HACIENDA STYLE.

SO YOU'LL SEE THAT COMING TO FRUITION IN A COUPLE OF THESE IMAGES.

SO HERE ARE THE RESIDENT LIFESTYLE FLATS. THESE ARE THREE STORIES WITH A TUCKING GARAGE.

THEY HAVE A VERY SMALL CORE. SO ESSENTIALLY THE EFFICIENCY IS VERY HIGH.

IT'S JUST FOUR UNITS PER FLOOR. AND THEN ON THE GROUND FLOOR WE HAVE TWO UNITS.

WE WORKED WITH TALLEY ASSOCIATES TO MAKE SURE THAT THERE WAS A LOT OF CONNECTIVITY WITH THE COURTYARDS.

AND THE ARCHITECTURE IS REALLY RELATING WELL TO EACH OTHER.

AND THEN THE HEALTH CARE BUILDING. WE'RE SHOWING THE PHASE TWO POTENTIAL, BUT INITIALLY IN THE PHASE ONE, WE'D BE LOOKING AT ABOUT 84 UNITS. THIS IS A COMBINATION OF MEMORY CARE AND ASSISTED LIVING.

IN FACT, IT'S ACTUALLY 52 ASSISTED LIVING AND 32 MEMORY SUPPORT.

IN THE FIRST PHASE. THIS IS A DIAGRAM JUST TO DEMONSTRATE THE DISTANCE.

I'M SURE YOU GUYS ARE AWARE OF YOUR DRAGON FOOTBALL FIELD.

THIS IS THE DEMONSTRATION OF HOW FAR THIS IS FROM THE PROPERTY LINE TO THE MAIN BUILDING.

AND THE REALLY, THE IDEA IS TO PUSH AWAY THE HIGHER STRUCTURE TO THE CENTER OF THE SITE.

SO WE'RE NOT SEEING THAT AT THE PERIMETER. SO THIS IS 365FT AWAY.

LOOKING AT THE MAIN BUILDING, THIS WOULD BE YOUR HIGHEST POINT.

AND THEN WE STEP DOWN TO DROPPING ONE STORY OFF THE TOP RIGHT HERE.

TOWARDS THE RESIDENTIAL AREA. AND THEN ALSO DROPPING ONE STORY OFF AT THE TOP OF THIS.

SO WE'RE ESSENTIALLY FIVE STORIES IN THE MIDDLE AND THEN FOUR STORIES ON THE WINGS.

THESE, THIS BUILDING DEMONSTRATES 150 UNITS. IT'S HIGHLY AMENITIZED, LIKE KENDRA HAD SAID.

SO WE'RE LOOKING AT MULTIPLE DINING VENUES, WELLNESS, FITNESS AEROBICS.

WE HAVE A SWING ROOM FOR GOLF SIMULATOR. THERE'S A LOT OF CONNECTIVITY FROM INSIDE AND OUTSIDE ARCHITECTURE SO THAT PEOPLE CAN ENJOY A LOT OF THE ACTIVITIES OR JUST, JUST LOOK AT IT FROM THE INSIDE THAT FOR FOLKS THAT MAY NOT BE ABLE TO GO OUTSIDE.

AND THEN THIS IS JUST TO HIGHLIGHT THE AMOUNT OF WHAT YOU'RE SEEING IN BLACK AND WHITE IS,

[04:25:02]

SO WE HAVE AN ELEVATED COURTYARD THAT'S SITTING ABOVE THE SUBTERRANEAN PARKING DECK RIGHT HERE.

ALSO, THIS AREA RIGHT HERE IS SITTING ABOVE SUBTERRANEAN AREA RIGHT THERE.

WE'VE GOT THESE COURTYARDS RIGHT HERE, ANOTHER COURTYARD AND ANOTHER COURTYARD.

AND THEN WE HAVE THE MEMORY CARE COURTYARD RIGHT HERE.

SO THERE'S QUITE A BIT OF REALLY HIGHLY CURATED PROGRAMED OUTDOOR SPACE.

AND THEN I'LL LET TALLEY EXPLAIN THE REST OF THE PERIMETER AREA.

THANK YOU. I'M COY TALLEY WITH TALLEY ASSOCIATES.

AS, AS SIOBHAN ARTICULATED, THE COURTYARDS HAVE MUCH HIGHER LEVEL DEFINITION, AND IT'S AN INSIDE, OUTSIDE LIVING ENVIRONMENT. FROM THE LIVING ROOM OUT FROM THE DINING ROOM IN, IF YOU WILL ASSOCIATED WITH THIS AND, AND HOW WE WORKED ON THE PLAN IS, IS THE IDEA OF THIS USE LOW TRAFFIC COUNTS, BUT VERY MUCH ABOUT OPEN SPACE. PERVIOUS COVER IS 47%, SO 47% OF OPEN SPACE.

TYPICALLY, ON A MIXED USE DEVELOPMENT LIKE THIS, WITH RETAIL OR COMMERCIAL, YOU GET 22%, MAYBE 25%.

SO IF WE KEEP ALL THIS AS 47%, THEN AS WE DO, YOU GO PAGE DOWN AS WE GO TO 47%, WE HAVE THE TREE PRESERVE ON THE, ON THE NORTH NORTHEAST SIDE.

AND THEN WE ALSO WILL PAY ATTENTION TO NORTH CARROLL AVENUE.

WE ARE SAVING APPROXIMATELY 55% OF THE EXISTING TREES THAT ARE ON SITE NOW, WHICH IS A VERY SIGNIFICANT NUMBER.

IN PARTICULAR, ACROSS THE RESIDENTS. YOU SEE THE UPPER CORNER PICTURE OF THOSE TREES ARE EXISTING NOW AND WE WILL PRESERVE ALL OF THESE TREES ON THE EDGE. AS IT RELATES TO NORTH CAROLINA.

VERY IMPORTANT EDGE BECAUSE THIS IS, YOU KNOW, THIS IS SOUTHLAKE, IF YOU WILL.

SO WE'RE ENHANCING THIS WHOLE TREE EDGE CONNECTION.

AND AS YOU SEE THESE TREES ON THE RIGHT, THESE ARE EXAMPLES OF PROJECTS THAT WE'VE DONE WHERE WE'RE PUTTING IN TREES FROM 25 TO 30FT TALL IMMEDIATELY.

SO AS, AS SIOBHAN ILLUSTRATED, WE HAVE THE MAIN BUILDING THAT'S 100 FOOTBALL FIELD LENGTH OFFSET.

AND THEN WE HAVE 35 FOOT TALL TREES. AND IT'S VERY SIGNIFICANT.

IT CONTINUES THE WHOLE BUFFER EDGE AROUND, AROUND THE PROJECT.

SIGNIFICANT TO THAT IS, IS AS YOU COME IN AND YOU ARRIVE AT THE MAIN ENTRY ON THE LEFT YOU SEE THE VILLA, AND THEN ON THE RIGHT YOU SEE THE MAIN ENTRY.

SO IT BECOMES A BACKGROUND AND THE ARRIVAL PIECE TO THE MAIN BUILDING.

AS AS WE GO TO KIRKWOOD, THE BUILDING STEPS DOWN AND THEN AGAIN ON KIRKWOOD.

THERE IS NO TRAFFIC ENTRY TO THAT AREA. MUCH OF THE ARCHITECTURE THAT YOU'RE SEEING HERE IS TO REALLY BREAK DOWN THE MASSING AND MAKE SURE THAT WE HAVE A STRONG DATUM THAT IS INDICATIVE OF CLASSICAL ARCHITECTURE AT THE BASE.

AND THEN WE HAVE SOME VARIETY IN THE ARCHITECTURE DELINEATION RIGHT HERE.

AND THEN WHAT WE'RE CALLING THE ORANGERY AT THE TOP.

AT THE MOST CENTERPIECE, BUT THAT ORANGERY DROPS OFF AT THE WINGS OF THE BUILDING.

AND MUCH OF THIS ARCHITECTURE. WE ALSO TOOK INSPIRATION FROM HIGHLAND PARK VILLAGE.

SO YOU MAY SEE SOME OF THOSE ELEMENTS THAT ARE COPIED FROM THERE.

AND THIS IS THE PROMENADE BETWEEN THE RESIDENT FLATS AND THE I L BUILDING WE REALLY WANTED TO CREATE.

THIS IS ACTUALLY A FIRE LANE, BUT WE WANTED TO CREATE A WOONERF, SO TO SPEAK, WHERE IT'S REALLY ABOUT RESIDENTS THAT ARE JUST WALKING ALONG A HARDSCAPE, BUT THEIR LANDSCAPE IS VERY INTEGRATED. AND IT JUST FEELS LIKE A VILLAGE AND A VERY RESORT STYLE SPACE.

ONE OF THE COMPONENTS OF THE LANDSCAPE, WE'RE PLANNING OVER 1200 TREES AND 5000IN OF TREES.

WITHIN TEN YEARS, WE'LL ADD ANOTHER 50% TREE CANOPY TO THIS PROJECT.

THIS IS A VIEW LOOKING SOUTH EAST. YOU CAN SEE THE WESTIN HOTEL IN THE BACKGROUND RIGHT HERE.

YOU CAN SEE THE VARIETY THAT IS STEPPING UP TOWARDS THE BUILD UP TOWARDS THE INDEPENDENT LIVING ARRIVAL AND THEN STEPPING DOWN TOWARDS CAROL AVENUE AND THEN STEPPING DOWN TOWARDS KIRKWOOD.

THERE YOU SEE IN THE DISTANCE THE CHURCH BUILDING, OFFICE BUILDING.

[04:30:02]

THIS IS THE WESTIN HOTEL. YOU CAN SEE ALONG GRACE LANE.

THIS IS ACTUALLY THE PHASE TWO PROPOSAL. NOT FOR TODAY'S CONVERSATION, BUT WHAT THAT COULD POTENTIALLY LOOK LIKE.

YOU SEE THE RESIDENT FLATS RIGHT HERE, THE CHURCH IN THE BACKGROUND.

THE HEALTH CARE ASSISTED LIVING AND MEMORY SUPPORT AREA AND THEN THE VILLAS TOWARDS THE BACK OF THAT CARROLL AVENUE.

THIS IS JUST A DIAGRAM TO SHOW THE HEIGHT COMPARISON AGAINST THE WESTIN.

YOU CAN SEE IT'S A LOT LOWER IN COMPARISON TO THE WESTIN AND A LOT MORE ARTICULATED IN THE FACADE FENESTRATION.

BACK TO THE CORNER OF CARROLL SOUTHLAKE. SO MUCH KNOWN FOR THEIR EDGES AND CONDITIONS.

THIS IS A FOUNTAIN FEATURE THAT THAT WE HIGHLIGHT FOR THE COMMUNITY.

AND WE CONTINUE THE, TREE GROVE AROUND THAT. PAY ATTENTION TO THIS BECAUSE THIS IS THE EXISTING TREE GROVE, THE TREE PRESERVE, IF YOU WILL, A LOT OF POST OAKS, A LOT. A LOT OF SPECIMEN TREES, SOME 40FT TALL.

BUT AS A CLUSTER THEY. THEY PROVIDE A GREAT ASSET TO TO THIS EDGE.

AND IT'S ABOUT PRESERVING THAT EDGE. AND THIS SHOWS HOW THINGS FIT IN AND HOW THE DATUM WORKS AS A REAL PROJECT. AND IT'S, IT FITS NICELY BEHIND THE EXISTING TREES AND IT'S HARDLY NOTICEABLE FROM THE PERIMETER EDGE.

AND THAT'S WHAT WILL CREATE NOT ONLY ALONG KIRKWOOD, NOT ONLY ALONG GRACE, BUT IN PARTICULAR ALONG CARROLL BECAUSE OF THE NEW TREES WE'RE HAVING PLANTED. THESE ARE RELATIVE IMAGES IN THE VIEW VIEW CONES ASSOCIATED WITH THAT.

THANK YOU SIOBHAN. AND THAT'S BASICALLY OUR PRESENTATION.

WE HAVE A LOT OF DATA AND WORK, ENGINEERING WORK AND THINGS TO BACK THIS UP.

BUT INSTEAD OF GOING INTO ALL THAT DETAIL, WE THOUGHT WE'D, WE'D GIVE YOU THE, THE OVERVIEW HERE AND THEN ADDRESS ANY QUESTIONS YOU HAVE.

WE'D BE HAPPY TO HEAR YOUR COMMENTS. WE'VE BEEN WORKING ON THIS HARD FOR A LONG TIME.

WE'VE REALLY TRIED TO TAKE THE COMMENTS THAT WE'VE RECEIVED TO DATE INTO ACCOUNT FOR THIS AND REALLY MAKE THIS A, A SOUTHLAKE CENTRIC DESIGN AND FACILITY. WE REALLY FEEL LIKE THIS IS THE TOP QUALITY THING, THE THING THAT SOUTHLAKE DEMANDS AND WANTS AND, AND SHOULD HAVE.

SO ANYWAY, WE'D BE HAPPY TO ANSWER ANY QUESTIONS YOU HAVE OR COMMENTS.

HELLO, CURTIS, I'M MARY LEE ALFORD I'M CHAIR OF THE SENIOR ADVISORY COMMISSION APPOINTED BY THE CITY OF SOUTHLAKE.

AND THANK YOU. AS SUCH I DO LIKE TO STUDY A LOT OF DATA REGARDING THE AGING POPULATION OF SOUTHLAKE AND THE NEEDS OF THE PEOPLE OF SOUTHLAKE.

AND LIKE YOU SAID, THERE ARE THERE ARE A LOT OF PEOPLE THAT LIVE HERE THAT HAVE THE BIG HOUSES AND THEY'RE NOT LEAVING.

THEY'RE NOT GOING TO LEAVE THEIR HOUSE UNLESS THEY HAVE SOMETHING TO MOVE INTO.

THIS IS BEAUTIFUL. THE ARCHITECTURE IS STUNNING.

ABSOLUTELY GORGEOUS. IS THERE A SWIMMING POOL? YES YES, YES. OKAY, I MISSED THAT. OKAY. ALL RIGHT.

ALL RIGHT. SO WE COULDN'T GET TO ALL OF IT. OKAY.

OKAY. I'LL POINT TO THE SWIMMING POOL. SO THE SWIMMING POOL IS ACTUALLY INDOOR.

AND SO THIS THIS TERRACOTTA THAT YOU SEE RIGHT THERE, THAT'S WHERE IT WOULD SIT UNDERNEATH THE TERRACE HERE.

SO IT'S A REALLY ELEVATED THINK LIKE LIKE A FAIRMONT KIND OF QUALITY.

OKAY. SENIOR CITIZENS LIKE HAVING THEIR LITTLE COCKTAILS IN THE EVENING.

IS THAT GOING TO BE AVAILABLE? YES. THERE ARE MULTIPLE DINING VENUES.

SO HERE'S, HERE'S THAT INDOOR POOL, JUST AS AN EXAMPLE THIS AREA RIGHT HERE IS ALL I WILL SAY.

TOUCH MARK DOES A GREAT JOB OF ELEVATED AMENITIES MORE SO THAN PROBABLY ANY FOR PROFIT DEVELOPER.

SO THEIR THEIR PERCENTAGE OF AMENITIES ARE A LOT HIGHER.

WHEN YOU LOOK AT HOW MANY UNITS ARE IN THE BUILDING?

[04:35:04]

THEY TAKE A GOOD, GOOD CARE TO BRING PROGRAMED ACTIVITIES SO THAT THEY'RE ACTUALLY NOT DEAD SPACES.

THESE LARGE SPACES ARE ACTUALLY UTILIZED. THERE'S ALSO A LARGE MULTI-PURPOSE SPACE THAT'S ABOUT 2400FT² THAT CAN ACCOMMODATE UP TO LIKE 160 FOLKS. AND THEN THERE'S A FULL FITNESS SUITE IN THIS POOL AREA WITH SALON AEROBICS.

AND SKYBAR. SO, OKAY, SO I'VE HAD THE HONOR OF WORKING WITH A SENIOR FRIEND OF MINE TRYING TO FIND SOMETHING LIKE THIS. SHE WANTED TO AFTER HER HUSBAND DIED, SHE WANTED TO BE SOMEPLACE THAT WAS INTELLECTUALLY STIMULATING FOR HER.

AND FROM EVERYTHING I'VE SEEN, THIS WOULD BE A PLACE LIKE WHAT SHE WAS LOOKING FOR.

WE COULDN'T FIND ANYTHING LIKE IT IN TEXAS. SHE ENDED UP AT ROGUE VALLEY MANOR IN PORTLAND, OREGON. I THINK IT WAS PORTLAND OR MEDFORD, RIGHT? MEDFORD, OREGON. SO THIS IS DEFINITELY A BEAUTIFUL, BEAUTIFUL OPTION.

KIRKWOOD BOULEVARD CAROLINE KIRKWOOD BOULEVARD, EAST KIRKWOOD.

IT IT'S GOING TO BE EXTENDED INTO THAT NEW SHIVERS PROPERTY GOING TO THE WEST.

IT GOES THROUGH. CAROLINE. AND SO IT'S GOING TO COME DOWN PAST WILL IT CONNECT? WILL, WILL, WILL WILL THAT WHERE IT'LL, IT'LL EVENTUALLY CONNECT.

IT ENDS ABOUT HERE RIGHT NOW, BUT IT'LL EVENTUALLY CROSS THE DRAINAGE HERE AND THEN CURVE INTO HIGHLAND.

THERE'S NOW AND CONNECT TO HERE. IT'S IT'S EITHER HIGHLAND OR KIRKWOOD ALL THE WAY THROUGH HERE.

IT'S NOT ENTIRELY BUILT, BUT THIS IS THE MAIN LINK THAT AT SOME POINT THE CITY WILL BUILD TO CONNECT THROUGH THAT.

OKAY. BECAUSE I KNOW THAT OTHER SENIOR COMMUNITIES HAVE TRIED TO DEVELOP THERE OR IN THAT NOT THERE EXACTLY, BUT KIND OF IN, IN THE GENERAL AREA.

AND SO KIRKWOOD HAS BEEN JUST A LITTLE BIT CHALLENGING GOING OVER SOME DRAINAGE AREAS.

SO THE CITY'S GOING TO DEVELOP KIRKWOOD OR IS THAT A PARTNERSHIP WITH TOUCH MARKET OR WITH.

YEAH, TOUCH MARKET IN THE CITY. WELL, AS, AS, AS IT RELATES RIGHT NEXT TO OUR PROJECT HERE.

PART OF THE DEVELOPMENT OF THIS PROJECT MAY INCLUDE TOUCH MARK IMPROVING KIRKWOOD WHERE IT'S ADJACENT TO US THERE.

THAT'S SOMETHING THAT WE'VE TALKED ABOUT WITH STAFF. AND THAT MAY END UP WHAT WE'RE DOING AS FAR AS IT AS FAR AS WELL, OFF SITE OVER HERE GOING ACROSS THE CREEK. THAT WOULD NO DOUBT BE A CITY PROJECT THAT WE WOULDN'T BE INVOLVED IN AT SOME POINT IN THE FUTURE.

OKAY. WELL, IT'S DEFINITELY BEAUTIFUL. IT'S DEFINITELY NEEDED.

YOU DID A GREAT JOB GETTING YOUR DATA TOGETHER.

SO I'M DEFINITELY IN SUPPORT OF THAT. THANK YOU.

THANK YOU. THANK YOU. CURTIS. YES, SIR. YOU KNOW, WHAT'S CRAZY ABOUT THIS PLACE IS I WENT TO SIXTH, SEVENTH AND EIGHTH GRADE THERE.

AND MAYBE ONE DAY IF I GET OLDER, I'LL HAVE A PLACE THERE.

BE, LIKE, TALK. I MEAN, TALK ABOUT FULL CIRCLE, RIGHT? I MEAN, I MAY NOT REMEMBER IT WAS A MIDDLE SCHOOL, BUT IT WAS SO IT'S JUST YEAH.

AND THE PART THAT YOU'RE THAT IT WAS JUST ONE BUILDING AT FIRST.

AND THEN THEY BUILT ON THE NEWER PART FACING CARROLL.

ONE QUESTION I HAVE IS WHAT'S GOING TO HAPPEN TO THE HISTORIC BUILDING THERE RIGHT NOW? THAT WAS THE FIRST SCHOOL IN SOUTHLAKE. WELL WE'VE TALKED ABOUT THAT.

UNFORTUNATELY, THAT BUILDING HAS A LOT OF ISSUES.

AS YOU MIGHT KNOW, IT'S FULL OF ASBESTOS. IT'S BASICALLY FALLING DOWN.

YEAH. WE ASKED THE SCHOOL DISTRICT IF THERE WAS, IF THEY NEEDED, THEY WANTED TO PUT THAT SOMEWHERE OR TAKE THAT OFF.

AND I BELIEVE THE ANSWER WAS NO. THERE IS HOWEVER A HISTORIC MARKER THERE BECAUSE I THINK IT'S A, IT'S A HISTORIC SITE IN, IN SOUTHLAKE FOR THE CARROLL SCHOOL DISTRICT.

AND WE'VE HAD DISCUSSIONS WITH CITY STAFF ABOUT, ABOUT, ABOUT HIGHLIGHTING THAT MARKER IN A PROMINENT PLACE NEAR THE CORNER THERE AS THIS DEVELOPMENT GOES, BECAUSE I THINK IT'S AN IMPORTANT THING FOR US TO RECOGNIZE.

YEAH. GOTCHA. ARE ANY BUILDINGS BEING USED THAT ARE THERE NOW? THEY'RE ALL GOING TO BE THERE. IT'S PROBABLY IN THE BEST SHAPE EITHER.

BUT ANY BUILDINGS PLANNED TO BE USED THAT YOU KNOW OF.

NO. THIS WILL ALL BE ALL BE NEW. OKAY. THE THEATER KIDS IS THAT PART OF THE CARROLL SCHOOL DISTRICT OR IS THAT PRIVATE?

[04:40:07]

BASICALLY, IT WAS A, YOU KNOW, AN AUDITORIUM AND A CAFETERIA, AND THEY HAD A STAGE IN IT.

DO YOU KNOW IF THAT'S PRIVATE OR WHAT? BECAUSE I SEE KIDS ALL THE TIME.

IT'S K THROUGH 12. WOULD YOU MIND GOING TO GET YOU ON ON AUDIO.

THANK YOU. DIRECTOR. FACILITIES FOR THE DISTRICT.

I'M SORRY. THEY'RE JUST A RENTAL FROM US. AS SOON AS THE SALE GOES THROUGH, WHEN IT GOES THROUGH THERE, THEY PLAN. THEY HAVE ANOTHER LOCATION TO GO TO.

OKAY. I WAS JUST CURIOUS. IT'S NORTH TEXAS PERFORMING ARTS.

YEAH, RIGHT. IN A PERFECT WORLD, IT'S, YOU KNOW, THESE PEOPLE PROBABLY AREN'T GOING TO AT&T PERFORMING ARTS AND FAIR PARK AND MAYBE THE KIDS, YOU KNOW, IF THEY HAD SHOWS AND STUFF. THE ONLY THING I SEE THAT MAY BE A CHALLENGE IS THIS THE HEIGHT.

I KNOW IT'S LOWER THAN THE WESTIN, BUT IT'S STILL I SEE WHAT THEY DID THAT I THINK IS REALLY NICE.

AND THE CARROLL PARK, THE PARK CLOSEST TO CARROLL ANYWAY, LOOKS THE LOWEST.

BUT THEN GETTING TO THE NORTHEAST, IT GOT HIGHER.

THAT'S THE ONLY THING I SEE THAT COULD LOOK A LITTLE ODD. YEAH, THESE ARE THREE STORY, WHICH BASICALLY MATCHES THE OFFICE BUILDING THAT WAS BUILT HERE ABOUT SIMILAR FAR. THE CITY HAS YOU KNOW, A HEIGHT ADJACENCY REQUIREMENT NEXT TO RESIDENTIAL WITH A 4 TO 1 SLOPE.

AND WE'VE DONE THE ANALYSIS AND WE'VE MADE SURE TO STAY UNDERNEATH THE, THE SLOPE THING THERE.

AND, AND YOU KNOW, THIS, THE SAVING OF THE TREES HERE WAS VERY INTENTIONAL.

THE CLOSEST RESIDENTIAL IS UP HERE. AND THERE ARE SOME PEOPLE RIGHT TO THE NORTH.

I'M SORRY. SOUTH. CORRECT. RIGHT THERE. THERE'S A DENTIST OFFICE.

THERE'S A VERY SMALL SUBDIVISION WHERE THERE'S SOME HOMES.

THE ASSUMPTION IS THAT THAT'LL GO AWAY AT SOME POINT THERE.

BUT THE LONGER TERM RESIDENTIAL ONES, ONCE YOU YOU CUT OFF OF KIRKWOOD HERE AND THEN GO DOWN HIGHLAND THIS NEIGHBORHOOD HERE AND, AND FURTHER ONE DOWN THIS TREE GROVE THAT WE'RE SAVING HERE WAS INTENTIONALLY DONE TO ADDRESS THAT RESIDENTIAL.

YES. JUST A LITTLE. THAT WAS OUR PRACTICE FIELD.

AND THEN TO THE SOUTH OF IT WAS THE BUS BARN.

I'M SORRY, TO THE. YEAH, TO THE SOUTH AND THEN THE FOOTBALL FIELD RIGHT THERE.

I GUESS THAT'S GOING TO IT'S ABOUT HERE WHERE THE FOOTBALL FIELD IS NOW.

YEAH. I WAS JUST CURIOUS IF THEY WERE GOING TO LEAVE THAT FOR WALKING SINCE YOU'D MENTIONED SOMETHING ABOUT WALKING. OKAY.

WELL AGAIN, IT'S I MEAN, MY PARENTS LIVE HERE AND THEY'RE STILL IN THEIR SAME HOME FOR 43 YEARS.

AND, I DON'T KNOW, MAYBE MAYBE SOMETHING HAPPENS TO MOM OR MY DAD AND THEY COULD FIT THERE.

AND AGAIN, I'VE ALWAYS LIVED IN THIS NORTH PART, AND IT SOUNDS FUNNY TO SAY, BUT IT COULD BE AN OPTION.

SO ANYWAY. OKAY, GOOD. THANK YOU VERY MUCH FOR YOUR COMMENTS.

RYAN JACOBSON I JUST WANT TO SAY BEAUTIFUL WORK.

ABSOLUTELY LOVE IT. THIS IS DEFINITELY SOMETHING SOUTHLAKE NEEDS.

THIS IS COMPLETELY DIFFERENT THAN THE LAST PRESENTATION. WE WANT OUR ELDERLY COMMUNITY TO STAY HERE IN SOUTHLAKE.

WE GREW UP WITH THEM. WE SEE THEM AROUND TOWN.

I HOPE TO BE ONE OF THESE PEOPLE HERE ONE DAY.

BEAUTIFUL WORK. GOOD JOB AS ALWAYS. AND IN TERMS OF WAITLISTS, WE'LL SOUTHLAKE RESIDENTS MAYBE GET PRIORITY OVER THE REST, BECAUSE THAT WOULD BE GREAT. OKAY. GOOD JOB.

PUT YOUR NAME IN NOW. RYAN. I'M SORRY. HI.

HI. GOOD EVENING. THANKS FOR WAITING THROUGH THAT VERY LONG. FIRST AGENDA ITEM.

YOUR PATIENCE IS APPRECIATED. THANK YOU FOR WAITING TOO. SO I'M JUST CURIOUS.

ARE THESE RENT OR PURCHASE? THIS. THIS IS ALL RENTAL.

TOUCH MARK WILL OWN THIS, AS SHE SAID FOREVER.

OKAY. BUT THE INDIVIDUALS WHO WILL BE MOVING IN WILL BE RENTING SPACE, CORRECT? YEAH. YOU WANT TO EXPLAIN THAT A LITTLE BIT MORE IN DETAIL? I'LL TAKE THIS ONE. THANK YOU. WE EXCUSE ME. WE HAVE TWO WAYS THAT OUR RESIDENTS LIVE WITH US.

ONE IS A MONTHLY SERVICE PLAN AND ONE IS A DEPOSIT PLAN.

THE REASON WE OWN 100% OF OURS. THIS IS NOT A CONDO.

THERE'S, YOU KNOW, THERE'S AN ACTIVE ADULT THAT HAS CONDOS.

THE REASON WE DON'T HAVE A A OWNERSHIP OPTION IS BECAUSE NOT BECAUSE WE'RE TRYING TO HAVE SOMEONE PAY FOR OUR PROJECT? YOU KNOW, THAT'S A LOT OF TIMES THAT PEOPLE WILL DO A CONDO.

WE DO THAT BECAUSE NONE OF US LIKE CHANGE AS WE GET OLDER.

WE DON'T LIKE CHANGE EVEN MORE, BUT YOUR LIVING CONDITIONS START CHANGING MORE QUICKLY AS YOU GET OLDER.

WHEN YOU HAVE AN OWNERSHIP MODEL FOR SENIOR LIVING, AND THEY NEED TO GO TO A HIGHER LEVEL OF CARE, THAT IS SOMETHING THAT THEY THAT YOU NEED TO HAVE HAPPEN QUICKLY, RIGHT?

[04:45:01]

YOU KNOW, WE'LL ALL EVENTUALLY GET PROMOTED TO.

BUT THEY'RE GETTING PROMOTED A LITTLE, YOU KNOW, IN A LITTLE SHORTER AMOUNT OF TIME THAN ALL OF US.

SO WE DON'T DO OWNERSHIP OPTIONS. BUT IT IS A CHOICE AND IT EMPOWERS THEM TO LIVE IN THE RIGHT PLACE AT THE RIGHT TIME.

AND IT'S NOT LIKE A TRANSIENT RENTAL SITUATION.

IT'S A MONTHLY SERVICE FEE THAT INCLUDES ALL OF THAT.

A LOT OF TIMES OUR RESIDENTS WILL PUT A DEPOSIT DOWN, WHICH IS KIND OF JUST A WAY TO TAKE ALL OF THE EQUITY THEY HAVE IN THEIR HOME AND NOT HAVE TO PAY TAXES BY PUTTING IT IN A, YOU KNOW, AN INVESTMENT FEATURE.

OKAY. SO CAN THEY RETROFIT THE INSIDE TO SUIT THEIR NEEDS? THEY CAN. WE USUALLY HAVE WE USUALLY HAVE A POLICY THAT IF THEY DO SOME CRAZY STUFF, IT HAS TO GO BACK TO WHAT WE HAVE SO THAT THE NEXT RESIDENT WHO COMES IN DOESN'T HAVE TO DEAL WITH PINK CARPET OR, YOU KNOW, BLACK ONYX FLOORS.

AND DO YOU HAVE PRICING? NO, WE DON'T HAVE PRICING EITHER.

SO WE DON'T HAVE PRICING EITHER BECAUSE WE'RE AT THE VERY SIMILAR AND WE DO HAVE A GENERAL PRO FORMA IN OUR, IN OUR, YOU KNOW, OUR INDEPENDENT LIVING, YOU KNOW, PROBABLY OUR MONTH, MONTH, I'M NOT GOING TO DO THE DEPOSIT BECAUSE THERE'S TWO DIFFERENT WAYS. I'M JUST GOING TO SAY THEM, YOU KNOW, THE MONTHLY SERVICE FEE PROBABLY STARTS AT 5000 WHEN YOU GET INTO MEMORY CARE OR VERY LARGE HOMES.

THAT COULD BE, YOU KNOW, UP TO ABOVE $10,000 A MONTH.

THANK YOU. A COUPLE OF OTHER QUESTIONS RELATED TO THE TRAFFIC FLOW.

SO I LIVE IN CARROLLTON, AND I HIT THE INTERSECTION OF 114 SERVICE ROAD AND NORTH CARROLL DAILY.

I CAN'T IMAGINE ANYONE MAKING A LEFT INTO THAT PROPERTY COMING SOUTH ON ON CARROLL TOWARDS 114 WHEN THE SCHOOL OF ROCK WAS THERE AND WE TRIED TO DO THAT, I WOULD LITERALLY CROSS OVER THE SERVICE BRIDGE TO MAKE A U-TURN AND TURN AROUND AND COME BACK THE OTHER WAY SO I COULD TURN INTO THE SCHOOL OF ROCK.

SO I'M JUST WONDERING, THEY RECENTLY DID SOME UPDATING TO THAT INTERSECTION.

THEY WIDENED, IT, MADE A DIFFERENT LANE. THEY CHANGED THE LEFT TURN COMING NORTH ON CARROLL ONTO THE SERVICE DRIVE.

AND YOU HAVE ONE LANE TURNING RIGHT NOW ONTO CARROLL.

IT'S A LITTLE DICEY THERE. WHERE YOU LOOKING AT OTHER RENDERINGS OR OTHER PLACES WHERE YOU COULD ENTER THE PROPERTY, 40% OFF HIGHLAND OR I SEE THE ENTRANCE OFF OF, SHALL WE SAY.

I'M VERY FAMILIAR WITH IT, HAVING OFFICE ACROSS THE STREET FOR ALMOST 20 YEARS.

SO I'M VERY FAMILIAR WITH CAROL AND THE TRAFFIC COMING UP THERE.

IT'S REALLY ONLY BAD WHEN THERE'S A LONG SCHOOL PICK UP LINE.

AND THAT RARELY THAT, THAT RARELY REACHES REACHES THIS INTERSECTION HERE.

THERE'S TWO ENTRIES TO THE CEDAR RIDGE OFFICE PARK.

WE'RE ALIGNING OUR ENTRY DIRECTLY ACROSS FROM THIS.

THE VAST MAJORITY OF OUR TRAFFIC WILL BE COMING TO AND FROM THE SOUTH.

I DON'T SEE, YOU KNOW, UNLESS THEY HAVE NEIGHBORS OR RELATIVES THAT, THAT ARE GOING UP NORTH.

CAROL. I CAN'T IMAGINE THAT. THE OTHER THING IS OUR LEVEL OF TRAFFIC COMPARED TO WHAT THIS IS, LAND PLANNED FOR COMMERCIAL DEVELOPMENT WILL BE IN THE MUCH.

IT'D BE A FRACTION OF WHAT NORMALLY COULD BE HERE.

YEAH. YOU KNOW, VERY LITTLE. YOU KNOW, PEOPLE LIVE HERE, THEY EAT HERE, THEY RECREATE HERE.

THEY DO A LOT OF THINGS HERE. AND WHEN THEY GO SHOPPING OR WHEN THEY GO TO THE AIRPORT, OFTENTIMES THEY'RE IN A VAN OR OTHER KIND OF THING LIKE THAT.

SO. YEAH. AND, AND OF COURSE, WE HAVE TWO OTHER ENTRIES OFF OF GRACE LANE HERE, WHICH HAS VERY LITTLE TRAFFIC.

THE EMPLOYEES WILL COME IN HERE, ALL THE EMPLOYEES WILL BE ON THE SOUTH SIDE HERE.

AND YOU KNOW, SOMEONE COULD COME IN HERE EVEN TO ENTER INTO THE UNDERGROUND PARKING OF THE INDEPENDENT LIVING. LITTLE TO NO TRAFFIC ENTERING THERE NOW.

SO I'M JUST, I'M, I'M JUST ANTICIPATING THAT IS GOING TO BE PROBLEMATIC.

IT MAY BE BETTER TO HAVE SOME OPTIONS THAT ARE NOT AS CLOSE TO THAT INTERSECTION.

HAVE YOU CONSIDERED THAT OR TO WHICH INTERSECTION ARE YOU TALKING ABOUT? 114 AND CARROLL. RIGHT. WELL, WE'RE APPROXIMATELY 500 PLUS FEET FROM THAT INTERSECTION THERE.

I THINK THAT'S THE APPROPRIATE PLACE FOR IT. THERE'S ALSO ELEVATION CONCERNS.

THAT'S PRETTY MUCH THE TOP OF THE HILL THERE.

THE VISIBILITY IS BEST THERE. ALL TOLD, BECAUSE IT LINES UP WITH THE ENTRY ACROSS THE STREET.

I THINK THAT'S THE PROPER PLACE FOR. YOU'VE DONE A TRAFFIC STUDY.

YOU SAID OUR ENGINEERS HAVE LOOKED AT IT AND COME UP WITH SOME TRAFFIC NUMBERS AND, AND WHAT, WHAT WE THINK THE TRAFFIC AMOUNTS WILL BE. YES.

HAVE YOU LOOKED ON A SUNDAY AROUND 1045? WELL, I'M REFERRING TO GATEWAY BECAUSE WE CAN'T MAKE A LEFT ON EAST HIGHLAND TO GET TO OUR

[04:50:09]

YOU KNOW, ONE OF THE GREAT THINGS ABOUT THIS AND THE PEOPLE WHO LIVE HERE IS THEY'RE NOT TRAVELING AT RUSH HOUR.

THEY'RE NOT GOING TO WORK SOMEWHERE. THEY'RE NOT COMING HOME IN RUSH HOUR AT NIGHT, AND PRESUMABLY ON A SUNDAY MORNING, OR EVEN WHEN THEY HAD A SIGNIFICANT SATURDAY EVENING SERVICES THERE.

THOSE ARE PROBABLY NOT WHEN A LOT OF TRAFFIC IS GOING TO BE COMING IN AND OUT OF HERE.

ONE LAST QUESTION. THE DRAINAGE. SO WE HEARD A LOT TONIGHT ABOUT DRAINAGE.

WE HEARD A LOT OF CONCERNS, ESPECIALLY ABOUT PEOPLE LIVING ON THE NORTH SIDE OF 114.

CAN YOU ADDRESS THE CONCERNS ABOUT DRAINAGE FOR OUR NEIGHBORS? YES. AND WE'VE WE'VE THOUGHT THAT THROUGH. AND I'D LIKE TO INTRODUCE OUR CIVIL ENGINEER ALEX.

HEY, ALEX RATHBUN WITH KIMLEY-HORN. CIVIL ENGINEER BY TRADE AND LICENSE.

AND WE'VE DONE A PRETTY EXTENSIVE DOWNSTREAM ANALYSIS.

OUR PLAN IS TO DETAIN ON SITE IN TWO SEPARATE AREAS TO ACTUALLY REDUCE THE PEAK RUNOFF FROM EXISTING CONDITIONS TODAY.

SO KIND OF LIKE THE BE THE BLUE BE AREA ON THE EAST IS A DETENTION AREA THAT EVENTUALLY OUTFALLS INTO GRACE LANE AND THE BELOW GRADE STORM SYSTEM IN GRACE LANE, AND THEN OUR OTHER DETENTION AREAS, A KIND OF ALONG CAROL THAT OUTFALLS AGAIN TO THE BELOW GRADE SYSTEM IN CAROL AVENUE.

OKAY. SO I'LL SAY ONE THING THAT HE SAID AGAIN JUST FOR MY SIMPLE NON-ENGINEERING MIND, THE RUNOFF THAT IS THERE RIGHT NOW. BY THE TIME WE DEVELOP THIS, WE WILL HAVE LESS THAN THE EXISTING CONDITIONS THAT ARE THERE RIGHT NOW.

MY NEXT QUESTION. THANK YOU FOR ADDRESSING THAT.

I ALSO THINK YOU HAVE AN EXCEPTIONALLY BEAUTIFUL PROPERTY AND PRODUCT.

YOU DID A VERY NICE JOB. SO CONGRATULATIONS AND THANKS.

VERY GOOD. THANK YOU MA'AM. YES. MY NAME IS WENDY TUB AND I LIVE RIGHT AROUND THE CORNER FROM THERE.

I'M ONE OF THOSE NEIGHBORHOODS RIGHT THERE. OH, GOOD.

AND SO YOU SAID YOU TOOK THAT INTO CONSIDERATION.

TELL ME WHAT YOU MEAN BY THAT. WELL, THE PROXIMITY TO THAT THERE.

WE WE'VE STUDIED CAREFULLY THE WHAT YOUR VIEW WILL BE FROM OVER HERE.

YOU SAW THE ONE PHOTOGRAPH THAT WAS TAKEN AT THIS INTERSECTION HERE, WHICH WOULD BE WHERE THOSE THAT LIVE ALONG HIGHLAND LEAVE YOUR NEIGHBORHOODS AND ULTIMATELY COME TO KIRKWOOD THERE AND WHAT THE VIEW WILL LOOK LIKE THERE.

THAT'LL BE REALLY THE, THE FIRST TIME YOU'LL BE ABLE TO SEE THIS PROPERTY AND WHAT HAVE YOU.

AND WE'RE KEEPING ALL THESE TREES HERE, WHICH IS ONE OF THE, THE MOST EXISTING TREED AREAS ON THE SITE AS, AS REALLY A BUFFER AND BETWEEN ANY OF OUR DEVELOPMENT AND ALL OF THE RESIDENTIAL THAT'S, THAT'S ALONG HIGHLAND.

OKAY. SO BASICALLY IT'S SIGHTLINES THAT YOU'RE REFERRING TO.

YES. OKAY. SO WHAT ABOUT NOISE? YOU SAID YOU'RE GOING TO HAVE LIVE ENTERTAINMENT BANDS, THINGS LIKE THAT.

WHAT ARE WE GOING TO DO? THAT'LL ALL BE INSIDE.

NOTHING OUTSIDE? YEAH, WE. WE MAY BE THE QUIETEST USE IN SOUTHLAKE.

OKAY. OKAY. AND THEN THE TRAFFIC FLOW. IT IS HARD, DIFFICULT TO GET OUT.

EAST HIGHLAND TO TAKE A LEFT ON NORTH CARROLL WITH THAT SCHOOL THERE.

AND SOMETIMES YOU'RE WAITING FOREVER. SO ARE THEY PROPOSING A LIGHT TO GO IN OR ANYTHING LIKE THAT AT EAST HIGHLAND IN CARROLL? RIGHT HERE. YEAH. IS THERE IS THERE ANYTHING? THERE'S JUST A STOP SIGN RIGHT NOW. AND IT DOES GET VERY BACKED UP ON NORTH CARROLL, JUST AS SHE WAS SAYING. AND YOU'LL SIT THERE BEING TRYING TO TAKE A LEFT, BUT THE TRAFFIC GETS VERY BACKED UP ALMOST TO HIGHLAND.

AND THEN IF YOU HAVE PEOPLE COMING OUT TAKING TRYING TO TAKE A LEFT, ALSO BACK OVER TO 114 FROM YOUR MAIN ENTRANCE.

YEAH, THAT'S ONE OF THE REASONS WHY WE HAVE NO DRIVEWAYS ONTO ONTO KIRKWOOD.

ALL OF OUR DRIVEWAYS ARE EITHER DIRECTLY ONTO CARROLL, THE MAIN ENTRY AND THE TWO ON THE GRACE LANE.

AND ONCE YOU'RE ON GRACELAND, OF COURSE YOU CAN GO DOWN TO THE FRONTAGE ROAD.

I SEE THAT, BUT I ALSO SEE YOUR ENTRANCE RIGHT THERE ON NORTH CAROL, SO PEOPLE WILL BE ALLOWED.

OBVIOUSLY, I WOULD PRESUME TO TAKE A LEFT OUT OF THERE.

AND THEN YOU GET STRAIGHT TO THE STOPLIGHT. AND IT IS DIFFICULT FOR THE PEOPLE, EVEN AT THE DENTIST OFFICE, TO TRY TO COME OUT, BECAUSE IT'S ALWAYS BACKED UP PAST THOSE BUILDINGS WITH TRAFFIC.

RIGHT. THE THE DENTIST OFFICE IS. YES. DRIVEWAY IS DOWN HERE.

AND WE'RE SIGNIFICANTLY FURTHER AWAY FROM THAT.

WILL THERE BE TIMES WHEN IT'S BLOCKED? YES. THAT'S TRUE WITH ALMOST ANY STREET.

BUT THE THE AMOUNT OF TRAFFIC COMING OUT OF HERE IS VERY, VERY LOW.

WHAT IS YOUR WHAT IS YOUR MAX OCCUPANCY? AS FAR AS THE NUMBER OF PEOPLE LIVING THAT ARE ALLOWED TO LIVE THERE AND ALSO THE AGE,

[04:55:05]

WELL, WE LIKE FAMILIES TO COME VISIT. OUR AVERAGE AGE OF OUR COMMUNITIES IS 80 RIGHT NOW, AND EVEN WHEN WE START A NEW COMMUNITY, IT'S USUALLY ABOUT 80. YOU KNOW, RESIDENTS LIVE LONGER.

SO SO, YOU KNOW, 880 IS THE OLD 70. BUT SO IT'S STILL ABOUT 80.

OUR RESIDENTS, WE WELCOME ANY FAMILY MEMBERS TO COME VISIT, YOU KNOW, ONCE A WEEK, YOU KNOW, WE WILL USUALLY HAVE A FAMILY MEMBER COME STOP BY.

EVERYONE KIND OF HAS THEIR DIFFERENT HOURS. OUR RESIDENTS DON'T THEY, A LOT OF THEM HAVE CARS, WHICH WE HAVE, YOU KNOW, PARKING FOR OUR RESIDENTS UNDER THE BUILDING, BUT THEY MAY GO OUT ONCE OR TWICE A WEEK.

WE HAVE, YOU KNOW, WE HAVE A TOUCH MARK BUS THAT PROBABLY WILL GO TO SOUTHLAKE ONCE OR TWICE A DAY.

AND THAT'S, YOU KNOW, THEY OFTEN LIKE TO TAKE OUR CONCIERGE TRANSPORTATION, OUR BUSSES, BUT THEY STILL HAVE THEY STILL HAVE TRAVEL. SO TO ANSWER YOUR QUESTION, SO WE'RE, WE'RE GOING TO BE DOING THIS IN PHASES.

OUR, FOR OUR, OUR FIRST PHASE HAS I THINK ALMOST 200 INDEPENDENT LIVING RESIDENTS THAT ARE THE 150, 150. AND THAT INCLUDES THE VILLAS AND I'M ADDING THEM ALL UP TOGETHER.

YEAH, ABOUT 200. THAT ARE USUALLY KIND OF THE, THE ONES THAT ARE DRIVING ASSISTED LIVING AND MEMORY CARE USUALLY IS THAT 200 UNITS OR 200, 200 HOMES. AND THEN, AND THEN SO AT OUR, SO THOSE ARE 200 HOMES.

AND THEN SO USUALLY WE HAVE ABOUT AT THIS. WHEN WE FIRST OPEN A COMMUNITY, WE'RE PROBABLY ABOUT 1.25 RESIDENTS PER HOME.

AND THAT THAT GOES DOWN AS A, AS A COMMUNITY GETS OLDER BECAUSE MAYBE A LOVED ONE HAS PASSED AWAY.

AND YOU KNOW, WHEN YOU'RE 87, SOME PEOPLE DO, BUT DON'T OFTEN REMARRY.

AND IF THEY DO, THEY MARRY SOMEONE AT TOUCHMARK.

WHAT AGE DOES THIS BEGIN? AT CAN I, CAN I I'M 51 CAN I, CAN I GO LIVE THERE? WHAT? WHAT AGE? YOU GOT FOUR MORE YEARS. OKAY.

YEAH. SO 55. BUT IT'S VERY, VERY, VERY RARE THAT WE HAVE ANYONE AT THAT AGE GROUP.

AGAIN, OUR AVERAGE AGE THAT OUR AVERAGE AGE IS 80.

AND SO THAT'S, THAT'S NOT LIKE PEOPLE, PEOPLE WHO ARE AS OLD AS 80 ARE AVERAGE AGE AS 80.

WE HAVE VERY I CAN'T THINK OF ONE, ACTUALLY, I CAN I, I JUST MET A PERSON WHO HAS PARKINSON'S.

AND THEN A COUPLE OF YEARS AGO, THERE WAS A GENTLEMAN WHO HAD A STROKE WHO WAS IN HIS 60S WHO LIVED WITH US, BUT WE'RE NOT A LONG TERM CARE FACILITY. SO THOSE USUALLY PEOPLE WHO ARE YOUNGER THAT NEED A HIGHER LEVEL OF CARE ARE IN A IN A SKILLED NURSING.

OKAY. THE REASON I WAS ASKING IS BECAUSE IF THIS SOME COMMUNITY MEMBERS ARE SO EXCITED ABOUT THIS BECAUSE IN EMPTY NESTERS CAN MAYBE GO LIVE SOMEWHERE ELSE.

BUT THIS WOULD NOT REALLY BE THAT. YEAH. YOU KNOW, WHEN I LOOK AT IT EMPTY NESTER, I'M 52 AND I'M GOING TO BE AN EMPTY NESTER HERE PRETTY QUICKLY. I'M NOT I'M NOT GOING TO MOVE INTO A TOUCH MARK.

BUT AFTER I MOVED INTO MY PLACE, THIS IS PROBABLY WHERE I'M GOING.

SO BUT WHEN WE'RE LOOKING AT THE THE NUMBERS THAT I GAVE YOU ON THE DEMOGRAPHICS OF SOUTHLAKE, I INTENTIONALLY DID 75, NOT 55, BECAUSE 75 PLUS IS REALLY WHEN RESIDENTS ARE STARTING TO THINK ABOUT MAKING A MOVE WHERE THEY DON'T WANT TO DEAL WITH EVEN CHANGING A LIGHT BULB AT THEIR HOME OR WITH THEIR AIR CONDITIONING GOES OUT.

IT'S A MAJOR STRESSOR. AND THAT'S WHY THEY START THINKING ABOUT, YOU KNOW, MOVING IN A PLACE LIKE THIS VERSUS JUST A, A, A VILLA. I THINK I THINK ONE OF OUR RESIDENTS HAD JUST MOVED ONE OF OUR AT THE PRIOR ONE HAD JUST MOVED INTO A VILLA OFF THE FARM.

WELL, AFTER SHE'S READY TO NOT GO UP THOSE STAIRS SIX TIMES A DAY, SHE MAY COME MOVE HERE LATER.

OKAY. AND REGARDING THE LARGER HOMES, YOU SAID 2200 ZERO SQUARE FEET.

YES, MA'AM. SO THEN, YOU KNOW, OBVIOUSLY A LOVED ONE MIGHT JOIN THEM.

CAN THEY SAY, OH, GOODNESS, I REALLY WANT MY GRANDCHILD OR GREAT GRANDCHILD TO GO TO CAROL AND I'M GOING TO HAVE THEM COME MOVE IN.

THEY'RE NOT ALLOWED TO. OKAY. NO, THAT'S IT'S IT'S PART OF THE PART OF OUR RULES AND REGULATIONS.

ABSOLUTELY. NO ONE IS ALLOWED TO STAY. I THINK OVER A WEEK IF YOU'RE.

UNDER 18 AND YOU CAN'T. ISN'T THAT RIGHT? NO, NO.

YEAH. YOU CAN LIKE IF I IF MY GRAND MY MOM WAS IN A TOUCHMARK.

IF MY GRANDDAUGHTER IS ALLOWED TO COME VISIT HER FOR A COUPLE OF DAYS, BUT NO ONE'S ALLOWED TO BE A PERMANENT RESIDENT.

THAT'S UNDER 55. OKAY. AND THEN YOU MENTIONED MAYBE DOWN THE ROAD YOU MIGHT BE DOING SOME KIND OF EXPANSION OR SOME KIND OF WORK ON

[05:00:01]

AND THIS WING RIGHT HERE WOULD BE A PHASE TWO.

WE INTENTIONALLY DON'T DO A FULL BUILD OUT BECAUSE WE WANT TO SEE WHAT THE LOCAL MARKET IS NEEDING.

SO WE TAKE THAT SECOND PHASE AND MAKE ADJUSTMENTS AS AS NEEDED.

AND THOSE ARE ABOUT 50 MORE HOMES I THINK WOULD POTENTIALLY FIT IN HERE.

BUT WE DON'T KNOW THAT THAT COULD BE LESS IF IF WE THE COMMUNITY SAID WE REALLY WOULD LIKE SOME LARGER HOMES, WHICH IS USUALLY WHAT HAPPENS. WE USUALLY IN THE PHASE TWO, BRING ON SOME LARGER SQUARE FOOTAGE HOMES.

SO THAT WOULD PROBABLY BE LESS. WHAT IS YOUR WHAT IS YOUR TOTAL FULL BUILD OUT? SO THAT WOULD BE 250 INDEPENDENT LIVING HOMES.

IF IF WE IF WE BUILT THIS AS 50 HOMES, SO 240 TO 250 INDEPENDENT LIVING HOMES.

OKAY. AND THEN YOU DID SHOW THE, THE HEIGHT OF THE BACK BUILDINGS THAT WE WOULD SEE THE THREE STORY ARE COMPARABLE TO THE HOTEL HE COMES IN UNDER. BUT IS THAT TAKING INTO ACCOUNT TOPOGRAPHY? THIS IS A. YEAH. I MEAN, YOU CAN SEE THAT THE THREE STORIES THERE ARE.

EVEN TAKING INTO TOPOGRAPHY ARE CENTRAL. THE VERY HIGHEST POINT IS STILL LOWER THAN THE HOTEL.

OKAY. AND THOSE THREE STORIES YOU'RE TALKING ABOUT ARE MUCH LOWER THAN THE HOTEL.

THEY'RE THE EXO. THEY'RE THE SAME LEVEL AS EXO BUILDING.

YEAH. THIS IS ACTUALLY. SORRY, I DIDN'T MEAN TO INTERRUPT.

THIS IS ACTUALLY A DIAGRAM TAKING TOPOGRAPHY INTO CONSIDERATION SO YOU CAN SEE WHERE BEYOND THE LARGER BUILDING THAT'S ACTUALLY SUBTERRANEAN GARAGE. SO WE'RE JUST SHOWING THAT.

SO YOU CAN SEE BECAUSE THE, THE EARTH IS RISING UP.

AND THEN YOU CAN SEE THE THREE STOREY BUILDINGS THAT ARE AT THE NORTHEAST.

THOSE ARE AT A LOWER ELEVATION. SO IT'S ACTUALLY SHOWN WE'VE ACTUALLY MODELED THIS IN SKETCHUP.

AND WITH THE RIGHT TOPOGRAPHY IN GOOGLE EARTH TO GET THE RIGHT DATA POINTS.

AND THEN DRAINAGE. WE HAVE A LOT OF ISSUES WITH THAT POND THAT I'M SURE THAT YOU'RE AWARE OF THAT'S OVER THERE.

THAT'S PART OF GATEWAYS FLOODING INTO OUR BACKYARDS.

WE HAVE A CULVERT GOING DOWN OUR STREET AND I BELIEVE IT'S CALLED IS IT CALLED, IS IT IS THERE A HOUSE, A RETENTION POND, OR WHICH ONE IS THEIRS? THEY CALL IT A RETENTION POND, BUT THEY DON'T RETURN IT.

OKAY. AT THE END OF THE STREET. AND SO I'M STILL CONCERNED ABOUT THIS DRAINAGE BECAUSE I KNOW YOU SAID IT'S AN UNDERGROUND, BUT I KNOW WE DO SHOW ON THE DRAINAGE MAP SOME KIND OF UNDERGROUND GOING DOWN THE MIDDLE OF OUR STREET.

YEAH. WHAT? WHAT? I CAN'T REPEAT WHAT KENDRA SAID.

AND WE WORKED WITH STAFF A LITTLE BIT ON THIS.

WE ARE DECREASING THE PEAK RUNOFF FLOWS OFF THIS DEVELOPMENT BY HOLDING THE WATER AND LETTING IT OUT SLOWLY.

LETTING IT OUT SLOWLY. SO WE'RE LETTING OUT SLOWLY.

WHERE TO THE EXISTING BELOW GRADE DRAINAGE SYSTEM.

OH, OKAY. WHICH IS BACK TO OUR STREET. YEAH. THAT'S RIGHT.

GOING OUT THAN WHAT IS GOING OUT NOW? AFTER THE FULL DEVELOPMENT IT WILL BE LESS GOING OUT THAN WHAT'S GOING OUT NOW.

YEAH, WE'RE. WE ARE TOUCHMARK HAS LET ME BE CREATIVE AND GO ABOVE WHAT CITY CODE REQUIRES BY ACTUALLY OVER DETAINING ON SITE FLOWS TO EXCEED EXISTING CONDITIONS. OKAY.

AND YOU'RE, YOU'RE DETAINING IN THOSE TWO AREAS THERE AND SLOWLY LETTING OUT.

IS THAT WHAT YOU'RE. THAT'S EXACTLY RIGHT. YEAH.

THAT'S RIGHT. OVER TWO AND A HALF ACRES AREA AROUND.

ALL RAINWATER WILL EVENTUALLY GO DOWNSTREAM. THAT'S RIGHT.

THE QUESTION IS, AT WHAT RATE? WHEN IT GOES DOWN ALL AT ONCE OR QUICKLY, THEN IT CAUSES PROBLEMS. WHEN IT GOES DOWN MORE SLOWLY. IT DOESN'T HELP.

BECAUSE, YES, A LOT OF IT WILL PERCOLATE INTO THAT SITE AS IT IS.

THOSE TWO WERE SHOWING YOU THERE. OKAY.

OH I'M SORRY, I DIDN'T I DIDN'T, I DIDN'T YEAH. GO AHEAD. NO, I THINK I THINK I MIGHT COME UP WITH ANOTHER.

OKAY. VERY GOOD. GO AHEAD. YOU MENTIONED 200 PEOPLE LIVING.

YEAH. OUR OUR PHASE ONE IS 200 INDEPENDENT LIVING HOMES.

INDEPENDENT. HOW MANY INDEPENDENT LIVING ARE YOU GOING TO HAVE? AS FAR AS OUR ASSISTED LIVING AND MEMORY CARE, I THINK WE HAVE A TOTAL IN PHASE ONE OF 84 HOMES IN THE ASSISTED LIVING AND MEMORY CARE. THIS. OKAY, SO ABOUT 300 SOME. OKAY. HI.

[05:05:05]

NO, THE MIDDLE SCHOOL. SO EAST HIGHLAND CAN BE JAMMED BECAUSE YOU BASICALLY CANNOT GET OUT FROM EAST HIGHLAND THROUGH NORTH CARROLL FOR A WHILE.

SOMETIMES CAN BE HALF AN HOUR. THE REASON IS THE KIDS ARE OUT PROBABLY 230 OR 3.

THE PARENTS ARE GOING TO BE LINED UP ON THE EAST HIGHLAND, WHICH IS ONLY TWO LANE ROAD, FOR HALF HOUR EARLIER.

SO IF YOU DON'T PAY ATTENTION FOR GOD TO GO THE OTHER WAY, YOU WILL BE JAMMED IN THERE.

AND THAT IS A VERY BAD SITUATION. WE TALKED TO THE CITY ABOUT IT.

THE CITY SAID, WELL, WE KNOW IT. THE REASON IS WE DON'T DO IT IS BECAUSE WE JUST THINK THE PARENTS ARE GOING TO JAM UP TO THE CITY TO SAY THEY HAVE TO.

BUT THIS IS THE ISSUE BECAUSE THEY ONLY HAVE ONE TRAFFIC GUARD IN FRONT OF THE JACKSON ELEMENTARY SCHOOL.

AND. BUT IT'S. HIGHLAND IS ABOUT 200FT FROM THE HIGH SCHOOL ENTRANCE, SO THERE'S NO TRAFFIC.

PLUS, BEFORE THE CITY ISSUED THE TICKETS FOR ANYONE TRYING TO GO THROUGH THE CHURCH.

AND THAT WAS UNFORTUNATE, REALLY BAD SITUATION.

SO RIGHT NOW I SEE YOU HAVE THREE ENTRANCES TO THIS DEVELOPMENT.

AND I WOULD THINK BECAUSE IF I HAVE A PARKING GARAGE, IF I HAVE A PARKING SPACE AND A LOT OF PEOPLE PROBABLY WILL HAVE CARS BECAUSE THEY ARE STILL YOUNG. SO I FIGURED THEY WILL GO THROUGH THE GRACELAND, GRACELAND AND THE KIRKWOOD, AND THEN THEY WILL EVENTUALLY GO TO EAST HIGHLAND BECAUSE THEY TRY TO GET AWAY FROM IT, JUST LIKE WE ARE TRYING TO AVOID THAT INTERSECTION WHERE I WILL MAKE A RUN THROUGH SOME WAY TO GO TO DIFFERENT DIRECTION TO GET OUT, WHICH IS THE CURRENT SITUATION. SO THIS WILL CONTRIBUTE A BIG JAM TO THE TRAFFIC BECAUSE WE HAVE CHURCH GATEWAY CAN BE CONTRIBUTE A GREATER AMOUNT OF TRAFFIC ON FRIDAY NIGHT, SATURDAY AND SUNDAY AROUND NOON TIME.

WE HAVE A CHURCH COMING OUT FROM THE KIMBALL STREET AND THEN WE HAVE A RESOLUTION CHURCH.

SO THIS IS A MESS BECAUSE LAST WEEKEND THE TRAFFIC WAS BACKED UP ABOUT TO THE PAST THE INTERSECTION ABOUT KIRKWOOD INTERSECTION AND GRACELAND.

SO THIS IS THE SITUATION WE HAVE TO TAKE CARE OF BECAUSE IF THERE'S AN EMERGENCY OR SOMEHOW THE PEOPLE CANNOT GET OUT.

AND SECOND QUESTION I HAVE WE KNOW THE PROBLEM EXISTED FOR A VERY, VERY LONG TIME IS THE DRAINAGE YOU SHOW THE DRAINAGE IS MAINLY GOING TO GO DOWN THAT WAY, BUT THE SLOPE CURRENTLY FOR THIS LAND IS RIGHT AROUND THAT INTERSECTION OF THE EDGE OF THE KIRKWOOD AND THE EAST HIGHLAND.

YOU ARE DOWNSLOPE ALL THE WAY TO THE GRACELAND RIGHT NOW IS IN BETWEEN THE CHURCH GATEWAY CHURCH AND WESTERN HOTEL.

THE DRAINAGE WAS NEVER DEVELOPED RIGHT AND ACTUALLY IS ILLEGAL BECAUSE THEY TURNED THE SURFACE WATER.

GO TO THE UNDERGROUND COURT, WHICH GOES THROUGH DOWN THROUGH THE RETAINING POND, WHICH IS NOW THE RETAINING POND AND THE DOWNFALL TO THE EAST HIGHLAND. WHEN THE RAIN IS HARD, THE CAR CAN BE SWEPT OFF THE ROAD.

IT HAPPENED TO OUR NEIGHBORS AND IT GOES THROUGH THE NEIGHBORHOOD, GOES THROUGH THE COVERS, THROUGH THE NEIGHBORHOOD AND BY. THE CULVERT WAS BUILT WHEN THE HOUSE WAS BUILT BACK IN 2007, WHICH IS ONLY ABOUT SIX SIX INCH TALL AND THREE INCH WIDE, WAS NEVER, NEVER BUILT TO HOLD THIS KIND OF WATER WHEN THE MORE DEVELOPED, WHEN THE CHURCH GATEWAY CHURCH WAS DEVELOPED, THIS WAS NEVER SUPPOSED TO HAPPEN BECAUSE WE DIDN'T CALL IT IN TIME.

THEY OPEN UP TO THE UNDERGROUND THROUGH THE KIRKWOOD, WHICH IS THE WESTERN HOTEL.

THE DRAINAGE GOES THROUGH ACROSS THE GRACELAND, AND WE GO UNDER THE ACTUAL BUILDING AND PASS THROUGH THE KIRKWOOD FROM SERVICE. WOULD WATER, GO TO UNDERGROUND WATER AND THEN GO TO THE UNDERGROUND WATER,

[05:10:07]

THAT'S WHY WE BUILT THIS ONE. IF YOU SEE EVENTUALLY CITY GOING TO WORK OUT THE DRAINAGE PROBLEM, WE BUILD DOWN TO THAT ROAD. SO HOW MUCH ARE YOU GOING TO COVER ABOUT THAT IN THE MIDDLE OF THAT? PROBABLY ALL OF THEM. YOU CONTRIBUTE MAYBE DOUBLE THE DRAINAGE PROBLEM TO THE EXISTING PROBLEM RIGHT NOW.

SURE. AND AND THEN THAT'S NOT GOING TO WORK BECAUSE YOU FLOOD THE NEIGHBOR'S HOUSE.

THAT'S GOING TO WORK BECAUSE THAT DRAINAGE POND IS EXTREMELY SHALLOW, BECAUSE THAT'S WHAT'S MADE ACTUALLY FOR THE COWS TO DRINK THE WATER.

THEY STAY IN THERE IS ONLY THIS TALL. WE TOOK THE PICTURE, WE LOOK AT IT AND IT'S HOW MUCH WATER IS IS NOT DRAINING WATER.

IT'S NOT DRAINING. THE POND CITY IS TRYING TO SAY, WELL, WE WE KNOW THAT.

I THINK THERE IS SOME PROBLEM. MAYBE IT'S A COLLUSION BETWEEN.

I'M JUST SAYING THAT BETWEEN THE GATEWAY AND THE CITY WHEN IT WAS BUILT, BECAUSE THERE'S NEVER SUPPOSED TO GATEWAY THE WATER THROUGH GATEWAY, PASSING OUT THROUGH THE NEIGHBORHOOD AND THEN GO TO ANOTHER NEIGHBORHOOD THAT'S A PRIVATE AND PUBLIC ISSUE. PRIVATE WATER, PUBLIC WATER AND GOES THROUGH THE PRIVATE PROPERTY IN A WAY WAS NEVER RIGHT BECAUSE YOU SAID, OH, WE'RE TALKING ABOUT WE CONTAIN THE WATER TO RELEASE IT IN A CERTAIN AMOUNT OF TIME.

AND BECAUSE THE CITY WAS SAYING WE HAD 8.61. OKAY.

THAT'S THE RATE. BUT IN THE REALLY IN THE REAL WORLD, THAT NUMBER WAS NEVER BEEN ACHIEVED.

NEVER HAVE SUCH. 8.61 SO CITY WAS SAYING, WOW, THAT WAS DEVELOPED FOR THE GATEWAY TOLD US WE ALREADY KNOW THAT'S TOTALLY FALSE. WELL, THERE'S A LOT OF THINGS GONNA WORK BECAUSE THIS IS A TALL BUILDING AND THERE'S NO DRAINAGE.

DRAINAGE CAN BE CONTAINED, THAT AMOUNT OF WATER.

SO RIGHT NOW FROM THE HUGE WATERFALL AND THE CAR WITH LINCOLN BIG LINCOLN CAN BE SWEPT OFF THE ROAD WHEN IT RAINS BECAUSE THERE'S NO CURRENT CAPABILITY TO HOLD IT.

RIGHT. WELL, WE CAN'T SPEAK TO WHAT GATEWAY CHURCH DID WHEN THAT WAS THE HOTEL OR WHATEVER, USING THE CURRENT EXISTING SYSTEM, STILL TRYING TO PUT IN THE INSTANT BUILD, EQUITABLE THE CAPABILITY, YOU'RE GOING TO HANDLE THOSE WATER. WHAT WE CAN, WHAT WE CAN DO, AND WHAT WE'RE OBLIGATED TO DO IS TO NOT MAKE THE DRAINAGE ANY WORSE THAN IT IS NOW. WHAT WE ARE GOING TO DO IS GO ABOVE AND BEYOND THAT AND SLOW DOWN THE RATE OF DRAINAGE THAT LEAVES THIS PROPERTY.

SO IT SHOULD AT LEAST OUR PART OF IT. IT SHOULD MAKE THAT BETTER.

IT SHOULD. YOU SEE, YOU SEE HOW IT MAKES SHOULD MAKE IT BETTER.

YOU ARE DETENTION. THAT'S THAT'S THE PURPOSE OF DETENTION.

YOU SLOW DOWN. YOU SEE THE RETENTION. WHERE IS YOUR RETENTION.

THERE'S THERE'S TWO LOCATIONS ON THIS SIDE. IT'S RIGHT IN HERE.

YES. IT'S GOING THROUGH WHERE I THINK THAT RETENTION IS GOING THROUGH THE KIRKWOOD.

YEAH. IT'LL ALL EVENTUALLY GO. YEAH. DOWN DOWNSTREAM IT'LL BE IT'LL GO AT A SLOWER RATE.

BUT YOU ASK WHERE THE RESERVOIR YOU HOLD THE WATER.

WE DON'T KNOW. THAT'S HOW SOUTHLAKE IS. WELL, WE KNOW IS BECAUSE GRAPEVINE LAKE IS DOWN THAT DIRECTION.

ALL THE LAND WATER GOING TO EVENTUALLY GO THERE.

YES, BUT THERE'S A FLOOD PROBLEMS BECAUSE WE KNOW NOW THE SUNSHINE IS NEXT TO EAST HIGHLAND.

WHEN A HOUSE BUILT THERE FOUR YEARS AGO OR SIX YEARS AGO IS WHEN THAT HOUSE BUILT.

IT ONLY TAKES THREE ACRES, RIGHT? THE BIGGEST PROBLEM WHEN A BIG HOUSE IN SOUTHLAKE AND THAT HOUSE BUILT.

DO YOU KNOW WHO FLOODED THE NEIGHBOR NEXT DOOR AND NEXT ACROSS THEM, AND THREE NEIGHBORS DOWN THE NEXT STREET.

YOU KNOW WHY? BECAUSE THERE'S NO DRAINAGE. BECAUSE THEY SAID, WELL, WE ALREADY HAVE THOSE SHALLOW WATER DRAINAGE.

WE CAN GO THROUGH IT. BUT IN REALITY, IT DIDN'T WORK.

RIGHT. WELL, THANK YOU VERY MUCH FOR BRINGING THIS TO OUR ATTENTION. WE'LL WORK WITH CITY STAFF TO TRY TO ADDRESS THIS.

THIS LAND IS DEVELOPED. ALL THOSE WATER IS GOING TO GO THROUGH ABOUT 40%.

[05:15:04]

AND IF YOU SAY THE CITY IS GOING TO BUILD THE ANOTHER ONE GOES THROUGH THE CORONA.

CORONA IS CRYING HARD RIGHT NOW ABOUT THEIR DRAINAGE SYSTEM BECAUSE ALL THE WATER IS FLOODING THE CAROLINE RIGHT NOW.

SO IT'S NOT GOING TO WORK. SO WE WANT TO SEE, WELL, IF YOU WANT TO RATE.

FINE. WHAT'S THE RATE? IT IS. AND IF YOU RELEASE IT, HOW ARE YOU GOING TO RELEASE IT? THROUGH THE PUBLIC LAND OWNED BY THE CITY AND PART OF LAND OWNED BY CHURCH.

AND THEN YOU SAY, WELL, WE GO THROUGH YOUR NEIGHBORHOOD BECAUSE YOU HAVE A CULVERT.

WELL, THAT'S THE PROBLEM BECAUSE THERE'S A CASE.

IF YOU DAMAGE IT, WE FIX IT. NO, THERE'S A CASE THAT SAYS WHOEVER DAMAGED WHOEVER FIXED IT, THAT'S NOT THE ISSUE. THAT'S TOO LATE. BUT WE WANT TO PREVENT IT.

BECAUSE FOR WHATEVER THE MAP RIGHT NOW IS, IT'S NOT GOING TO WORK BECAUSE YOU CANNOT SAY, EVENTUALLY WE'RE GOING TO DO THAT.

NO, YOU HAVE TO DO IT BEFORE IT IS DEVELOPED TO PREVENT IT, BECAUSE RIGHT NOW IT'S ALREADY NOT WORKING.

HOW MANY PEOPLE JUST BEFORE THIS MEETING SAID, WOW, WE'RE FLOODING.

WE'RE FLOODING. WE'RE FLOODING. WHY? THEY ARE FLOODING.

BECAUSE SOMEONE BUILD WATER, BUILD THINGS IN THERE.

THERE IS NO DRAINAGE. GO THE PROPER WAY TO DRAIN IT.

WE BUILD IT. WELL, WATER GOES WHATEVER IS LOWER.

WELL, THAT'S NOT SUPPOSED TO. I HEAR WHAT YOU'RE SAYING.

I'M NOT A. I'M NOT, I'M NOT. I'M NOT A CITY ATTORNEY WITH WITH WATER.

BUT I HEAR WHAT YOU'RE SAYING. AND WE'LL HAVE DISCUSSIONS TO SEE WHAT'S HAPPENING OFF SITE.

I KNOW THAT OUR TEAM HAS EXCEEDED THE DRAINAGE REQUIREMENTS AND HAVE ACTUALLY MADE IT BETTER, BECAUSE I KNOW IT'S AN IMPORTANT ISSUE WITH THE CITY OF SOUTHLAKE.

NOW WE NEED TO GET A LITTLE BIT SMARTER ON WHAT'S HAPPENING OFF SITE, SO I CAN'T ANSWER OR GIVE YOU ANY FEEDBACK, BUT I CAN SAY THAT WE'LL HAVE DISCUSSIONS WITH THE CITY WATER SO THAT WE CAN GET A LITTLE BIT BETTER INFORMED OF WHAT'S HAPPENING DOWNSTREAM OF US.

THAT'S A TOO BIG A PROBLEM. ALSO, EVEN EVEN THOUGH THERE IS A WIDE RELEASE, YOU RELEASE IT TO THE NEIGHBORHOOD DOWN THERE AND THEN GUESS WHAT? THE MOSQUITO IS A BIGGER PROBLEM BECAUSE IT GOES TO.

SO HERE AS AN ENGINEER, YOU CAN TELL ME. EVERYBODY SAYS HOW THE DRAINAGE GOING TO GO WHEN THE CITY GOING TO BUILD THE OTHER 40 OR 60% OF WATER GOES THROUGH HERE. YOU SAID IT GOES THROUGH THE CAROLINE DIRECTION WHEN THAT WEREN'T GOING TO BE BUILT.

BECAUSE I KNOW CAROLINE, PEOPLE WILL SAY, OH NO, BECAUSE THEY ARE ALREADY CRYING.

EVERYBODY IS CRYING RIGHT NOW. THANK YOU. THANK YOU.

I JUST HAVE A QUICK COMMENT OR A QUESTION. HAS THERE BEEN ANY CONSIDERATION OF DOING MAYBE A ROUNDABOUT AT EAST HIGHLAND AND CAROL, HAS THE CITY LOOKED INTO THAT. COULD THAT MAYBE HELP THE TRAFFIC.

YEAH, WE ASKED THAT QUESTION. EAST HIGHLAND WILL EVENTUALLY BE KIRKWOOD.

IT'LL BE A DIVIDED ROAD ALL THE WAY THROUGH THERE.

WHAT? HOW BEST TO DO THAT INTERSECTION. I'M SURE THE CITY IS GOING TO LOOK AT IT AND DETERMINE.

IT MAY BE A TWO LANE ROUNDABOUT SIMILAR TO HIGHLAND AND WHITECHAPEL.

IT MAY JUST BE A SIGNALIZED EVENTUALLY. I MEAN, IT ALL DEPENDS ON THE LEVEL OF TRAFFIC.

OKAY. AND WHAT HAPPENS THERE. BUT THEY'RE ALREADY TALKING ABOUT IT.

YEAH. THE CITY'S ALREADY LOOKED AT THAT. OKAY, AL.

CURTIS, HOW ARE YOU DOING? TIRED, LIKE EVERYBODY ELSE.

IT'S GOOD TO SEE YOU. FOOTNOTE THE DRAINAGE STORMWATER.

WE NEED TO GET TALKING ABOUT IT EVEN MORE BESIDES THIS, BECAUSE IT'S A BIG ISSUE.

WE'VE HEARD IT ALL NIGHT. WE'RE GOING TO KEEP HEARING IT.

IT'S A BIG ISSUE. SURE. FIRST COMMENT EAST KIRKWOOD, TO MY RECOLLECTION, IS SUPPOSED TO BE MEDIAN DUAL LANE. THANK YOU. MEDIAN DUAL END. SO WOULD IT BE IN CONSIDERATION TO FINISH THAT PIECE WHERE IT'S THERE A LITTLE BIT EAST OF HERE? YEAH.

UP TO CARROLL TO GET THAT COMPLETED THE WAY THAT I THINK IT'S IN.

YEAH. WE'VE HAD SOME DISCUSSIONS WITH THE CITY, AND THEIR PRELIMINARY THOUGHT IS THAT IT MIGHT BE BEST FOR THEM TO HAVE US GO AHEAD AND COMPLETE THAT ALL THE WAY TO CARROLL AS A PART OF THIS DEVELOPMENT.

BUT NOTHING'S BEEN FINALIZED THERE. WE'LL COOPERATE WITH WHATEVER THE CITY FEELS BEST.

I THINK THAT'S THAT'S A NECESSARY THING TO GET DONE WHILE THIS DEVELOPMENT LOOKS TO GET COMPLETED.

[05:20:04]

BUT WHAT DRAINAGE COEFFICIENT ARE YOU USING NOW? COEFFICIENT ARE YOU USING NOW? WHAT? WHAT NUMBERS ARE YOU USING NOW AT THE SITE AS IT IS.

AND THEN WHERE ARE YOU GOING TO BE AFTER? SURE.

SO YOU USE THE WORD COEFFICIENT. SO I'M READY TO GET NERDY.

SO I APPRECIATE THAT. SORRY. SO SO THERE'S A COUPLE DIFFERENT WAYS THAT, THAT WE TYPICALLY ANALYZE SITES.

ONE IS CITY CODE IS GENERALLY 0.3 FOR AN UNDEVELOPED SITE.

WE DID NOT TAKE THAT APPROACH. WE ACTUALLY USED WHAT THE DOWNSTREAM CONSTRAINT SYSTEM WAS DESIGNED FOR.

SO FOR EXAMPLE, THE CULVERTS THAT DRAIN THROUGH THE CHURCH ACROSS EAST HIGHLAND TO THE NORTH, LIKE RIGHT HERE, WE'RE ACTUALLY DESIGNED TO A MUCH LOWER COEFFICIENT.

AND SO WE'RE ACTUALLY BACKING INTO FLOWS INSTEAD OF LOOKING AT COEFFICIENTS FROM EXISTING CONDITION, LIMITING OURSELVES TO WHAT, WHAT THE EXISTING SYSTEMS WERE DESIGNED FOR FROM A FLOW STANDPOINT, NOT JUST SIMPLY COMPARING EXISTING AND PROPOSED IN A COEFFICIENT STANDPOINT.

OKAY. I THINK AS THIS THING POTENTIALLY MAY MOVE FORWARD OR WHATEVER, ANYTHING YOU CAN DO FOR NEGATIVE ATTRIBUTE IS CRITICAL. IT'S VERY IMPORTANT. SO THERE'S ONLY SO MUCH THAT CAN BE DONE ON ANY SINGLE SITE.

THAT'S UNDERSTANDABLE. BUT A HALF ACRE IS ONE THING.

AN ACRE IS ANOTHER THING. SO WHEREVER THAT CAN BE INCORPORATED ANYWHERE ON THE SITE TO BE AS NEGATIVE AS POSSIBLE COMING OFF THE SITE, IT WE'VE GOT TO START THINKING THAT WAY IN TOWN BECAUSE WE'VE GOT A BIG PROBLEM.

IT'S A BIG PROBLEM. AND WE'RE, AS I'VE SAID BEFORE, NOT HERE, BUT HERE.

BUT NOT WITH YOU. YOU NICE PEOPLES IS WE'RE THE VICTIM OF OUR OWN SUCCESS, OF ALL THE DEVELOPMENT THAT HAS HAPPENED AND, AND NOT HAVING AS COMPREHENSIVE OF A STORMWATER MANAGEMENT PLAN THAT WE, THAT WE SHOULD HAVE HAD 20 YEARS AGO AND 30 YEARS AGO AND APPROPRIATE TOOLS.

THE NEXT THING THE IT WAS ASKED EARLIER ABOUT RENTAL AND OWNERSHIP WHEN A GOOD FRIEND HAD GIVEN ME A HEADS UP AND ENLIGHTENED ME ON THIS PROJECT A WEEK OR TWO AGO, ONE OF THE FIRST THINGS I HAD TOLD HER IS I SAID IS IT GOING TO BE OWNERSHIP OR IS IT GOING TO BE OWNERSHIP? THAT'S A BIG THING YOU SAW A LOT OF PEOPLE JUST GAVE UP AFTER FOUR HOURS IN ONE MINUTE OR WHATEVER THE GENTLEMAN SAID RENTAL HIGH DENSITY IS AN ISSUE IN SOUTHLAKE AND THIS IS STILL RENTAL HIGH DENSITY.

I UNDERSTAND THAT THIS IS A DIFFERENT PRODUCT THAN REGULAR APARTMENT BUILDING. I GET THAT I, AND I THINK THE COMMUNITY POTENTIALLY CAN GET THAT, BUT IT STILL IS RENTAL HIGH DENSITY.

SO IS THERE ANY BREAK IN YOUR MODEL FROM YOUR OTHER SITES THAT YOU HAVE ACROSS THE UNITED STATES WHERE THERE IS AN OWNERSHIP ELEMENT? NO. AND AND THERE WELL, I'M GOING TO I'M GOING TO CAVEAT THAT IN CANADA, WE HAVE A TOUCH MARK THAT THE SINGLE FAMILY COTTAGES ARE AN OWNERSHIP MODEL, AND THAT IS BECAUSE THE PROVINCE OF ALBERTA WON'T REQUIRES IT. IT WAS. IT WAS A LEGAL REASON. THE REASON THAT WE LIKE TO OWN THINGS IS BECAUSE WE LIKE TO PRESERVE OUR EXCELLENCE.

AND SO IF WE HAVE A HOME THAT GOES FROM ONE PERSON TO ANOTHER TO ANOTHER THAT WE ARE NOT RESPONSIBLE FOR, WE CAN'T KEEP THE LEVEL OF EXCELLENCE OF EVERY HOME.

SO IF YOU LOOK AT A TOUCH MARK THAT'S 40 YEARS OLD, IT LOOKS AS GOOD AS A TOUCH MARK THAT'S BEEN DONE THREE YEARS AGO.

AND IF WE GAVE ALL OF OUR HOMES AWAY, WE COULDN'T PRESERVE THAT EXCELLENCE.

THEN YOU START HAVING WHERE THE HOA'S RUN THINGS AND THEN THE HOA'S SAY, WELL, WE DON'T REALLY WE'LL PAINT NEXT YEAR, NOT, YOU KNOW, WE'LL PAINT TWO YEARS FROM NOW. NOT THIS YEAR BECAUSE EVERYONE WANTS TO SAVE THEIR OWN MONEY. SO WE, WE HAVE THIS, THIS, THIS PROGRAM TO ELEVATE OUR COMMUNITIES, NOT TO DOWNGRADE THEM IN ADDITION TO THE ONES, THE OTHER THINGS THAT I TALKED ABOUT WERE SENIORS.

WHEN THEY'RE GOING THROUGH THE LEVELS OF AGING, WHEN THEY'RE 80 PLUS, THEY MAY NEED TO THEY MAY MOVE IT TO TOUCHMARK, BUT THEY MAY NEED TO MOVE THEIR HOME TWO TIMES.

AND IF THEY HAVE TO SELL AND RESELL, THEY'RE NOT LIVING IN THE BEST PLACE FOR THEMSELVES BECAUSE THEY'RE TIED TO A REAL ESTATE TRANSACTION.

SO WE, WE, WE VERY INTENTIONALLY DO IT. BUT I REALLY THINK IF YOU LOOK AT THE CORE VALUES OF WHY WE DO IT, IT COMPLETELY ALIGNS WITH WHAT SOUTHLAKE WANTS AS FAR AS EXCELLENCE.

WHEN SOMEONE COMES INTO A TOUCHMARK, THEY DON'T CHANGE THEIR VOTING.

THEY DON'T HAVE THEY'RE NOT DOING IT TO TRY TO GET INTO A SCHOOL, AND THEY'RE NOT DOING IT BECAUSE THEY'RE TRANSIENT, AND THEY'RE GOING TO MOVE OUT IN A YEAR. SO THAT I UNDERSTAND IN THE SENSITIVITY OF WHAT WHEN WHEN YOU SAY RENTAL, BUT OUR MONTHLY SERVICE PLAN IS MEANT TO PRESERVE THE EXCELLENCE AND THE LUXURY THAT WE HAVE IN OUR COMMUNITIES AND THAT MONTHLY SERVICE PLAN,

[05:25:07]

THE OTHER CONCEPT THAT'S UP IN CANADA, FOR WHATEVER THE REASONS THAT THAT ARE THERE.

YOU I THINK YOU HAD MENTIONED EARLIER, I THINK IT WAS YOU THAT WHEN YOU WERE SPEAKING THE TWO OF THEM, BUT WATERMARKS, FULL WATERMARK, WATER MIRRORS, FULL HARBORCHASE IS FULL AS YOU, AS YOU MENTIONED, THE WATER MIRRORS ALL OWNERSHIP TO MY KNOWLEDGE, EXCEPT FOR, I THINK THE MEMORY CARE.

AND THERE IS A DEMAND FOR THAT AND IT'S, IT'S A PRETTY STRONG DEMAND.

WE ALSO HAVE ASSISTED LIVING TYPE FACILITIES THAT ARE IN THE AREA.

WE HAVE BRAND EM DOWN THE DOWN THE STREET OVER IN KELLER.

I ALSO PROMISED MY FRIEND THAT I SPOKE TO A WEEK AND A HALF AGO TO GO DO A SITE VISIT.

SO I WENT ON THE COMMUNIST ROADWAY UP ALL THE WAY UP TO MCKINNEY CALLED COMMUNIST ROADWAY BECAUSE WE'RE FORCED TO PAY TOLLS, WHICH I DON'T LIKE, BUT THAT'S A, THAT'S A DIFFERENT ISSUE.

AND THAT CAN BE SETTLED HERE. AND IT'S A BEAUTIFUL SITE.

IT'S IT'S BEAUTIFUL. IT IS ABSOLUTELY GORGEOUS.

MY MY DAD IN HIS LAST YEARS SPENT IN BRAND M IN NEVADA HIS LAST YEARS.

AND HE VERY MUCH ENJOYED THE, THE QUALITY LIFE THAT HE WAS ABLE TO ABLE TO HAVE AT, AT THE SAME, SAME TYPE OF PLACE LIKE, LIKE YOU'RE TALKING ABOUT HERE. BUT IF THERE WOULD BE SOME TYPE OF AN OWNERSHIP TYPE PIECE OR ELEMENT OR PORTION OF IT THAT MAY BE LOOKED AT MORE FAVORABLY. THE HIGHLAND STREET THAT'S CURTIS HAS BEEN DOING THIS A LONG TIME.

HE'S GOT THE T SHIRT, SO HE UNDERSTANDS EXACTLY WHERE I'M GOING FROM THERE. THE DRAINAGE, THAT'S AN IMPORTANT ONE AS WELL. BUT YOU KNOW, THE HOT BUTTON, THE THIRD RAIL, THE THE BIGGEST ISSUE IN SOUTHLAKE BIGGEST BY FAR IS DENSITY.

THAT'S IT'S IT IS THE BIGGEST ISSUE. THAT IS WHY, WHY PEOPLE DON'T GET ELECTED IF THEY VOTE FOR DENSITY.

AND SO IT GETS DOWN TO COUNTING THE VOTES. AND AS AGAIN, CURTIS KNOWS VERY WELL OF WHAT'S THE WHAT'S THE ATTITUDE OF COUNCIL AND WHAT ARE THEY GOING TO TOLERATE, WHICH IS WHAT THE CITY, WHAT THE RESIDENTS WANT OR DON'T WANT.

SO I WOULD HIGHLY RECOMMEND AT LEAST LOOK AT THAT PIECE.

IS THERE A PORTION? IS THERE THE LARGER UNITS? IS WHATEVER THE BILL IS, I THINK YOU MENTIONED.

YES. THAT COULD BE AN OWNERSHIP ELEMENT OF IT THAT MAY THEN GET LOOKED AT DIFFERENTLY AS FAR AS THE COMMUNITY IS CONCERNED.

THIS IS A GREAT SITE. IT'S A BEAUTIFUL SITE. I THINK IT ALSO IT'S OFFICE COMMERCIAL.

CURTIS, BUT I DON'T I'M NOT SURE ABOUT THE OVERLAYS ON IT.

IT'S RETAIL, COMMERCIAL, COMMERCIAL AND MIXED USE.

YEAH, I'LL LEAVE IT WITH, YOU KNOW, SEEING A RESIDENTIAL USE AS OPPOSED TO A WHATEVER OTHER USE.

I DON'T SEE THAT BEING A PROBLEM REALLY. I'M NOT VOTING ON COUNCIL ANYMORE, BUT I DON'T SEE THAT AS BEING THE ISSUE.

WE'LL CHANGE IT ALL TO. WE'LL REQUEST TO CHANGE IT ALL TO MIXED USE JUST TO MAKE IT TOTALLY COMPATIBLE.

WELL, AND TELL ME MORE ABOUT THANK YOU. AND MAYBE MIXED USE, MAYBE SOMETHING ELSE, WHATEVER.

WHATEVER'S GOING TO FIT THAT'S APPROPRIATE FOR IT.

ON THE MEMORY CARE AND THE CARE BUILDING THAT YOU MENTIONED, IS THIS GOING TO BE MORE LIKE A HOSPITAL FORMAT OR.

NO. WHAT IS IT LIKE? NO ASSISTED LIVING AND MEMORY CARE? WE DO NOT PROVIDE DIRECT HEALTH SERVICES TO OUR RESIDENTS.

THAT'S LIKE SKILLED NURSING. AND WE AND THIS WILL NOT HAVE THAT ASSISTED LIVING AND MEMORY CARE DO HAVE YOU KNOW, WE DO GIVE PEOPLE MEDICINE, MAKE SURE THEY GET, YOU KNOW, GET TO BED AND GET TO THEIR THREE MEALS A DAY.

BUT IT'S NOT A SKILLED NURSING OR A HOSPITAL COMPONENT.

SO WHAT HAPPENS WITH THOSE? WHAT HAPPENS WITH THOSE PEOPLE THAT NEED THAT SKILLED NURSING? THIS IS NOT THE SITE. WELL, WE'RE GOING TO GO EVENTUALLY HAVE THE WHATABURGER AND BEER, AND I CAN TALK ABOUT WHAT OUR GOVERNMENT DOES WITH SKILLED NURSING AND GETTING PEOPLE HAVE REIMBURSEMENT. BUT THAT IS THAT THAT IS GOING DOWN ALL AROUND THE COUNTRY BECAUSE OF WHAT MEDICARE REIMBURSEMENTS AND EVERYTHING LIKE THAT.

SO WHAT HAPPENS IS YOU WILL HAVE IF SOMEONE NEEDS SKILLED NURSING, THEY GO TO A SKILLED NURSING FACILITY.

THE GOOD THING IS THAT THE WAY THAT MEDICAL PROVIDERS, THEY'LL, THEY'LL BE ABLE TO SERVE RESIDENTS, YOU KNOW, THIRD PARTY, WE DON'T PROVIDE THE CARE.

BUT, YOU KNOW, THEIR DOCTOR MAY COME IN TOWARDS END OF LIFE ONCE A WEEK TO, TO HELP THEM OUT, BUT WE DON'T HAVE YOU KNOW, SKILLED STAFF AND DOCTORS ON OUR YOU KNOW, WORKING, ADMINISTERING HEALTH CARE IN OUR BUILDINGS. OKAY. SO IT'S NOT, IT'S NOT FULL SERVICE, SO TO SAY TO HOSPICE AND, AND MORE, MORE DETAILED MORE. THAT'S RIGHT, I UNDERSTAND.

[05:30:04]

HI. HOW ARE YOU? I AM GOOD. I HAVE SEEN YOUR FACILITY.

WE DID IT FOR A LITTLE WHILE, IN FULL DISCLOSURE.

TALK ABOUT PUTTING THIS ON OUR PROPERTY. THAT'S NOW GOING TO BE SHIVER'S FARM.

I THINK THIS IS A MUCH BETTER FIT JUST BECAUSE IT'S SO CLOSE TO TOWN SQUARE AND DIFFERENT THINGS LIKE THAT, AND A LITTLE BIT MORE OFF THE HIGHWAY. I LOVE IT.

I LOVE EVERYTHING ABOUT IT. THE ONLY THING I WOULD LIKE TO ASK IS THAT YOU SERIOUSLY CONSIDER SOMEHOW, AND I KNOW Y'ALL ARE GOOD AT THIS. THAT'S WHY I WAS EXCITED TO KNOW YOU WERE BEHIND IT.

IS REALLY SOMEHOW INTEGRATING AND PLAYING UP THE HISTORICAL.

OH. CAN I TALK ABOUT THIS? YES. SO THIS IS REBECCA.

SHE IS WITH THE SHIVERS FAMILY, AND THAT WAS REFERRED TO SEVERAL TIMES, AND THE OTHER THAT WITH THE.

WE'RE GOING TO CALL IT THE WHOLE FOODS ANCHORED. RIGHT? RIGHT. SO I, WE THOUGHT WE WOULD BE A GOOD FIT FOR REBECCA'S PIECE OF PROPERTY A COUPLE OF YEARS AGO.

AND SO I'M ACTUALLY OKAY BECAUSE I FEEL LIKE YOU'VE GOT WHAT NEEDS TO BE ON YOUR PROPERTY.

AND I'M REALLY HOPEFUL THAT WE CAN BE THAT THIS IS THE RIGHT PROPERTY FOR US.

SO, YOU KNOW, WE DON'T WE WANT EVERYONE TO FIT.

SO THAT'S, THAT'S WHY THAT'S WHY WE HAVE SOME.

SO BACK TO YOUR, YOUR SPECIFIC QUESTIONS, I AND YOU KNOW, I'M PASSIONATE ABOUT THAT BECAUSE WE WERE TALKING ABOUT YOUR FARMHOUSE.

AND SO I, I KNOW THAT THAT, THAT BUILDING AND I'VE TRIED TO WALK THROUGH IT AND THEN IMMEDIATELY GOT THE HECK OUT OF THERE BECAUSE IT WAS QUITE DANGEROUS. I KNOW THAT THAT BUILDING IS GOING TO LIVE ON.

IT'S NOT GOING TO LIVE ON IN THAT FORM. BUT WE HAVE DONE SOME AMAZING THINGS AT COMMUNITIES.

WE HAVE A COMMUNITY THAT IS IN THE REGISTER OF HISTORIC PLACES IN SIOUX FALLS THAT USED TO BE A WOMEN'S CONVENT, AND OUR OUR COMMUNITY UP IN PORTLAND IS AN OLD FARM PLACE.

OUR PUB IS CALLED THE SWEET HILL PUB. I CAN IMAGINE TAKING THOSE BRICKS AND CREATING A GREAT PAVING SPACE TO HONOR AND HAVE A HISTORY WALL.

WE'VE ALSO GOT THE, YOU KNOW, THAT THAT LITTLE PARK AREA THAT WE WERE TALKING ABOUT.

SO I DON'T KNOW WHAT WE'RE GOING TO DO TO HONOR THAT ORIGINAL SCHOOLHOUSE, BUT I KNOW IT WILL BE SOMETHING GREAT.

AND WE'RE GOING TO DO THAT BECAUSE WE CREATE THESE SENSES OF PLACE.

EVERY COMMUNITY THAT WE DO IS COMPLETELY DIFFERENT.

AND SO WHY WOULDN'T WE REALLY LEAN INTO IT? AND, YOU KNOW, MAYBE OUR BAR IS CALLED THE SCHOOLHOUSE.

MAYBE NOT GREAT. WE'LL LET THE MARKETING PEOPLE DO THAT.

BUT I, I, I DEFINITELY WANT TO HONOR THE HISTORY OF THAT SCHOOL BUILDING, WHICH ACTUALLY MOVED THERE ALONG LIKE BACK IN THE 60S.

IT WAS IN ANOTHER LOCATION AND I HEARD IT MOVED THERE.

YEAH. YEAH. IT WAS EXPANDED. ITS. ON THE. IT WAS BUILT IN 1919 BY THE SAME PEOPLE WHO BOUGHT.

WHO BUILT OUR FARMHOUSE? OKAY. WELL, GOOD. SO.

SO I DON'T KNOW WHAT IT IS GOING TO BE, REBECCA, BUT I AM SO EXCITED ABOUT DOING SOMETHING TO HONOR THAT. SO I WOULD LIKE TO WORK WITH YOU ON THAT. AND SO I'M HERE ON BEHALF OF THE OF THE HISTORICAL SOCIETY.

OKAY. IN PARTICULAR, AS A MEMBER OF THAT, WE REALLY WANT TO HELP YOU DO SOMETHING TO HONOR THAT.

AND, AND I'M VERY EXCITED THAT YOU ARE WILLING TO DO THAT.

WELL, GO, GO START FINDING THOSE PICTURES. SO I WAS GOING TO SAY WE GOT PLENTY OF PICTURES AND DIAGRAMS AND ALL KINDS OF COOL STUFF.

MY GREAT GREAT GRANDFATHER AND WAS ON THE SCHOOL BOARD AND THE, ON THE, THE CORNERSTONE OF THAT, OF THAT BUILDING. BUT THE SCHOOL NOW HAS THE CORNERSTONE.

THEY TOOK IT OFF. I KNOW. SO HOPEFULLY MAYBE THEY'LL RETURN IT AND MAYBE IT CAN BE PART OF THAT AS WELL.

SO WE WILL SEE WHAT WE CAN COME UP WITH. BUT THANK YOU VERY MUCH FOR THAT.

THANK YOU. OKAY. I HAVE ONE QUICK QUESTION FOR THE ENGINEER.

YOU SAID YOU BUILD A RETAINING POND IN THE FACILITY THERE TO RETAIN THE WATER, RIGHT? YES. CORRECT. THIS IS A RETAINING POND TO DETAIN, WHICH THE ONLY DIFFERENCE IS, IS THERE WATER IN IT ALL THE TIME OR IS THERE WATER IN IT ONLY RETENTION OR DETENTION? DETENTION IS OUR PROPOSED APPROACH HERE, WHICH IS IT'S ONLY WET WHEN IT DOES RAIN ONLY.

SO THAT MEANS DEFINITELY YOU'RE GOING TO CONTRIBUTE ANOTHER.

ABOUT TEN ACRES OF RAIN WATER GOES THROUGH OUR NEIGHBORHOOD.

IT'S DEFINITELY GOING TO FLOOD IT 100%. WE ALREADY HAVE A RIVER RIGHT NOW AFTER GATEWAY.

YEAH. AND IF THAT'S THE CASE, I THINK IT'S DEFINITELY GOING TO BE.

YEAH, WE, WE WOULD HONESTLY LOVE TO WORK WITH THE CITY TO HELP WITH THIS.

THAT MAKES A DIFFERENCE ON THIS SITE. WE, WE ARE DOING WHAT'S IN OUR POWER.

AT THIS MOMENT TO REDUCE THE PEAK RUNOFF FROM THIS SITE AND THE RETENTION.

SO YOU SAID THEY WILL RELEASE THE RATE, WHATEVER, BECAUSE THE RETENTION POND SOUTHLAKE DEFINITION,

[05:35:04]

IF DETENTION, THEN YOU'LL SAY, WELL, YOU'RE GOING TO GO THROUGH THE SAME CHANNEL, WHATEVER IS THERE, GO THROUGH OR WHATEVER THERE IS, IT'S NOT GOING TO WORK.

I'M JUST SAYING THAT BECAUSE THERE'S NO THERE'S NO SCENARIO GOING TO WORK.

IF YOU DEVELOP 25 ACRE, 18 ACRE, YOU DON'T HAVE RETAINING WATER, RETURN WATER.

THAT'S DRAINAGE PROBLEM FOR SOUTH LAKE. AND IT IS EXTREMELY HARD RIGHT NOW IS FOR THE EAST HIGHLAND AND AND THE CAROLINA, WHICH YOU ARE STILL CONTRIBUTING TO IT BECAUSE DETENTION WORK IS NOT GOING TO WORK HAS TO BE RETENTION.

YEAH. THANK YOU SO MUCH. HI, DIANE. SO TO CONFIRM, THIS WILL BE BOTH AGE AND MEDICAL CONDITION RESTRICTED OR LIMITED.

CORRECT. SO THAT THEY'RE NOT IT'S NOT LEVEL OF A SKILLED NURSING, SO TO SPEAK, BUT MORE OF AN INDEPENDENT LIVING.

SO IF THEY IF THEIR MEDICAL CONDITION SHOULD CHANGE, DO YOU HAVE IT IN YOUR PAPERWORK THAT THEY NEED TO.

YES. YEAH. IT'S IT'S THAT WE'RE WE'RE IF WE'RE UNABLE TO SATISFY THEIR CARE NEEDS, THAT'S A, THAT'S A POINT WHERE RESIDENTS SOMETIMES LEAVE TOUCH.

MARK. IF WE'RE UNABLE TO SATISFY THEIR CARE NEEDS, I DON'T WE DON'T CALL THAT MEDICAL RESTRICT RESTRICTED.

BUT I THINK THAT'S WHAT YOU WERE TALKING ABOUT. YEAH. AND OF COURSE AGE RESTRICTED THAT WE SHARED ABOUT BEFORE.

OKAY. AND ANOTHER QUESTION IS I DON'T EVEN KNOW IF THIS IS POSSIBLE.

I DON'T EVEN KNOW ALL THE SOUTHLAKE VARIANCES. SO EXCUSE THIS NEXT ONE, BUT KIND OF TOUCHING ON WHAT AL SAID.

HAVE YOU CONSIDERED DOING A VARIANCE SO THAT WHAT'S BEING REQUESTED IS THAT WE'RE NOT REALLY SKIRTING THE APARTMENT AND SHORT TERM RENTAL STIGMAS AND OPENING PANDORA'S BOX BY IF THIS DOES GET APPROVED, MAYBE LOOKING AT SOMETHING OUTSIDE OF THE APARTMENT CLOSER TO THE OWNERSHIP INTEREST RIGHTS THAT AL MENTIONED. I DON'T EVEN KNOW IF THAT IS A THING.

I SOUTHLAKE I KNOW WHAT YOU'RE I, I REALLY WANT TO, I REALLY WANT TO CALL ALAN ANOTHER TIME TO REALLY TALK.

HE'S GONE. THERE'S THERE'S NOT A SHORT CIRCUIT IN OUR RESIDENCY AGREEMENT BECAUSE THIS ISN'T RENT.

IT'S A RESIDENCY AGREEMENT WHERE, WHERE SOMEONE'S GOING TO BE A SHORT TERM UNLESS THEY GET PROMOTED.

LET'S SAY THEY MOVE IN IF THEY MOVE IN WITH US, AND TWO MONTHS LATER THEY HAVE A STROKE AND THEY ARE NOT ABLE TO MOVE, THEY'RE GOING TO HAVE TO LEAVE TO LEAVE TOUCH MARK.

THAT IS THAT IS WHAT SHORT TERM LOOKS LIKE TO US.

WE DON'T HAVE ANOTHER. BUT WE HAVE THIS FLEXIBILITY BECAUSE WHEN YOU'RE AT TOWARDS THE END OF YOUR LIFE, SOMETIMES YOU ARE NOT AROUND TO, TO. YEAH. BUT THAT'S, THAT'S THE ONLY KIND OF SHORT, SHORT TERM STAYS WE HAVE.

THANK YOU. AND THE QUESTION YOU MENTIONED ABOUT FEES EARLIER WAS THAT INCLUSIVE OF JUST THE SERVICES OR DID THAT INCLUDE THE MONTHLY.

I HATE TO SAY RENT. YEAH. OUR MONTHLY SERVICE FEE INCLUDES THE COST OF THEIR HOME, COST OF YOUR ELECTRICITY, THE COST OF YOUR SWIMMING POOL, THE COST OF THE WINE DOWN WEDNESDAYS, THE THIRSTY THURSDAYS, THE ZAPPY SATURDAYS, YOUR YOUR BIBLE STUDY, EVERYTHING, YOUR HOUSEKEEPING, THE THE CONCIERGE WHO COMES AND SETS YOUR WI-FI PASSWORD EVERY NIGHT BECAUSE YOU MESS UP YOUR WI-FI. THAT'S THAT'S ALL A MONTHLY SERVICE FEE.

AND THEN THE NUMBER, THE NUMBER OF BEDROOMS YOU HAVE DESIGNATED FOR WHAT YOU'VE.

I DON'T KNOW IF THE VERBIAGE IS RIGHT, BUT LIKE YOUR INDIVIDUAL UNITS VERSUS THOSE AS HOMES.

IS THERE A BEDROOM NUMBER VARIANCE, I GUESS WITH ONE, TWO, THREE OR WE DON'T WE HAVE ONE BEDROOM AND TWO BEDROOM HOMES AND SOME OF OUR TWO BEDROOM HOMES WILL HAVE A DEN LIKE A READING ROOM.

IT'S NOT, DOESN'T HAVE A CLOSET. SO IT'S NOT A THIRD BEDROOM, BUT WE HAVE ONE BEDROOM AND TWO BEDROOM HOMES.

AND IF I CAN ASK THIS NEXT ONE, HAVE YOU ALL DONE STATS ON? I GUESS THERE'S REALLY NO LIKE MEDICAL CALLS TO YOUR FACILITIES TO WHERE IT MIGHT, I DON'T KNOW, USE TERM BURDEN, BUT TO OVERTAX OUR CURRENT MEDICAL, OUR CURRENT EMS AND OUR, YOU KNOW, FIRE DEPARTMENT, SO TO SPEAK. I SEE IT, IT SEEMS LIKE WHENEVER I DRIVE PAST HARBORCHASE.

YEAH, IT'S QUITE FREQUENTLY VISITED BY EMS. ARBOR.

ARBOR. I DON'T HAVE STATS, BUT I'M GOING TO GIVE YOU MY ANECDOTAL GUESS.

AND I'M GOING TO LOOK AT MIKE CARROLL, WHO'S RIGHT BEHIND YOU GIVING ME. HE'S DOING MATH IN HIS HEAD.

MIKE HARRELL IS OUR PROJECT LEAD FOR ALL OF OUR TEXAS COMMUNITIES.

HE LIVES IN GRAPEVINE. AND SO HE'S, HE'S, I'M GOING TO GUESS PROBABLY WE PROBABLY HAVE A MS VISIT MAYBE THREE TIMES A WEEK. THAT'S DIFFERENT THAN THAT'S DIFFERENT THAN WHAT DO YOU THINK, MIKE, DOES THAT FEEL ABOUT RIGHT NOW?

[05:40:07]

IT IS I, AND I WOULD TAKE THAT OVER POLICE CALLS AND TRAFFIC ACCIDENTS ANY DAY, BUT OKAY.

OF THOSE CALLS, I DON'T KNOW IF BE YOU OR HIM OF THOSE CALLS, DO YOU HAVE IT BROKEN DOWN ON THOSE THAT ARE LIKE, YOU KNOW, SOMEBODY THAT FELL VERSUS THAT NEEDING ADVANCED LIFE SUPPORT OR MOBILE INTENSIVE CARE UNITS? NO, NO, WE DON'T HAVE THOSE STATS. SO I'D BE CURIOUS TO HAVE THOSE.

AND MY NEXT QUESTION, IT'S KIND OF A LITTLE OUT OF SCOPE HERE.

BUT IF IF APPROVED. IF THIS PROJECT DOES GO THROUGH AND KIND OF ASKING FOR THE RAINBOW HERE IS, IF APPROVED, ARE YOU WILLING TO COVER THE EXPENDITURES RELATED TO THE PURCHASE OF A NEW MEDICAL UNIT TO HELP OFFSET NEW, NEW ASSETS THAT MAY BE REQUIRED TO PROVIDE THE ADDITIONAL MEDICAL COVERAGE AS NEEDED? THE CITY HAS SOMETHING CALLED SDCS AND THE FEES THAT ARE ASSOCIATED FOR THIS PROJECT.

VERY OFTEN IT'S GOING TO BE A LOT. THIS IS NOT A CHEAP WELL, WE'LL PROBABLY BUY ONE OF THOSE.

SO WHAT. BUT I DON'T BUT THAT'S THAT'S NOT UP TO ME.

THAT'S UP TO THAT'S UP TO. AND I DON'T KNOW IF THE CITY OF SOUTHLAKE PROVIDES.

THE MUNICIPALITY PROVIDES FIRE AND RESCUE. THEY DO.

THEY DO. YEAH. SO THAT'S UP TO THAT'S UP TO YOU.

YOU HAVE A MEDICAL CALL, RIGHT? I DON'T KNOW IF YOU HEARD ME TALK ABOUT MY ACCIDENT EARLIER. THAT WAS LIKE, I THINK A $900 FLAT FEE.

BUT MY QUESTION IS WITH THAT IS LIKE KNOWING THE COST OF THE EQUIPMENT.

AND OBVIOUSLY IT'S ONLY RISING AS WE GO FURTHER DOWN THE ROAD, LIKE A NORMAL MS UNIT COULD BE ABOUT 250,000, WHERE ALS OR MCW WOULD BE ABOUT A HALF A MILLION.

SO THAT WOULD BE MY QUESTION ON IF IF YOU ALL, GIVEN THE NUMBER OF ESTIMATED CALLS OF THREE A WEEK.

YEAH. AND OUR GUY, I MEAN, YOU SEE THEM RUNNING.

WELL, I LIVE ON WHITECHAPEL, SO I HEAR THEM RUNNING TO ALL DIRECTIONS, WHETHER IT'S ONE DIRECTION OR THE OTHER, DEPENDING ON WHAT STATION THEY'RE COMING FROM.

JUST TO HELP, I HATE TO SAY COVER, COVER THE EXPENSES OF POSSIBLE ASSETS THAT WE MAY NEED FOR FOR THE ADDITIONAL COVERAGE REQUIRED.

I CAN'T SPEAK TO ALL OF THE FEES THAT THE CITY OF SOUTHLAKE IS GOING TO COLLECT FROM US, BUT IT'S GOING TO BE SUBSTANTIAL.

AND I ALSO KNOW THAT THE AMOUNT OF PARKING FEES THAT WE'RE GOING TO PROVIDE AND HOW MANY, YOU KNOW, THE PLAYGROUND THAT THAT OUR COMMUNITY IS GOING TO BUILD FOR OUR THIS PROJECT WOULD BUILD FOR THE COMMUNITY.

WE'RE NOT GOING TO USE THAT PLAYGROUND, SO I'M GOING TO LEAVE THAT UP TO THE CITY AND WILL FULLY COOPERATE.

I KNOW THAT THE THERE'S GOING TO BE A, A, A SUBSTANTIAL AMOUNT OF FEES PAID FOR THIS.

AND I LEAVE IT UP TO THE CITY. HOW BEST TO DEPLOY THOSE.

ALL RIGHT. THANK YOU. HI. HI. HOW ARE YOU DOING? MY NAME IS ROXANNE TAYLOR. AND COME THIS NEXT YEAR WILL BE 30 YEARS.

I'VE LIVED HERE IN SOUTHLAKE A LONG TIME NOW.

I'M VERY GLAD YOU'RE NOT PRESENTING APARTMENTS TONIGHT.

WE ARE NOT. OR WOULD WE BE HERE FOR ANOTHER FOUR HOURS? AND THE ROOM WOULD STILL. WE'RE GLAD TO. SO THANK YOU VERY MUCH.

BUT I'M HERE TO TALK IN SUPPORT OF YOUR PROPOSAL AND YOUR DEVELOPMENT.

THERE ARE SO MANY OF US. AND YOU HEARD THAT FROM THE PEOPLE PREVIOUSLY.

THEY'RE GOING TO DIE IN THEIR HOMES. I DON'T WANT THEM TO DIE IN THEIR HOMES BECAUSE THEY DIE IN THEIR HOMES, BECAUSE THEY CAN'T EVEN TAKE CARE OF THEMSELVES ANYMORE. BECAUSE IT'S TOO MUCH TO TAKE CARE OF A LARGE HOME.

YOU'RE OFFERING A PLACE FOR THOSE OF US WHO NO LONGER WANT TO TAKE CARE OF A HOME, IN A YARD, IN A POOL, A PLACE TO LIVE, AND STILL HAVE SOUTHLAKE AS OUR MAILING ADDRESS.

AND AT THE SAME LEVEL OF QUALITY YOU'VE COME TO EXPECT IN SOUTHLAKE.

I'VE ALREADY CHECKED A LOT OF THIS OUT BECAUSE I WILL BE 80 YEARS OLD NEXT YEAR.

NOW, I'M STILL A VERY BUSY BUSINESS WOMAN, BUT I DO HAVE TO THINK ABOUT MY LIFE DOWN THE ROAD, AND I DON'T WANT TO LIVE ANYWHERE WITHOUT A SOUTHLAKE MAILING ADDRESS.

YOU BET. I LOVE MY TOWN, AND I'M VERY HAPPY THAT YOU'RE HERE AND PROPOSING A VERY FIRST CLASS DEVELOPMENT FOR AFFLUENT PEOPLE THAT HAVE WORKED VERY HARD IN THEIR LIFE TO BE ABLE TO AFFORD THE LEVEL OF LIVING THAT THEY WANT TO LIVE IN. AND I'M SORRY, BUT THE OTHER DEVELOPMENTS THAT ARE IN OUR AREA I WOULD NOT LIVE IN.

NOW, YOU ASKED ABOUT WATER MAYOR AND THERE ARE SOME FOR SALE, BUT A LOT OF THOSE PEOPLE LEASE THOSE OUT TO TO OTHER PEOPLE.

[05:45:02]

YOU'RE PROVIDING A PLACE FOR AFFLUENT PEOPLE THAT DEMAND A FIRST CLASS LIFESTYLE, A PLACE TO MOVE TO THAT HAS A QUALITY OF LIFE, ENTERTAINMENT, AND SOMETHING TO DO WHEN WE NO LONGER WANT TO GET IN OUR CAR AND GO ANYWHERE. NOW I'VE SEEN PICTURES AND VIDEOS OF YOUR OTHER FACILITIES THAT YOU OFFER, DIFFERENT KINDS OF DINING AND HIGH END DINING AND CHEFS AND THINGS TO DO. WE WON'T HAVE TO GET IN OUR CARS AND GO ANYWHERE.

YES. YOU'RE NOT GOING TO HAVE PEOPLE COMING AND STAYING WITH YOU FOR WEEKS, BUT THEY CAN COME SPEND THE NIGHT WITH YOU OR VISIT YOU ONCE IN A WHILE.

BUT I'M VERY MUCH FOR AND WILL SUPPORT 100% THIS DEVELOPMENT.

THANK YOU VERY MUCH. I THINK IT'S VERY WELL NEEDED. THANK YOU VERY MUCH. YES, MA'AM.

OKAY, BACK TO THE MEMORY CARE PART. MY STEPDAD HAD PARKINSON'S, AND WE WERE LOOKING AT PUTTING HIM AT SOMETHING LIKE THIS. YOU DID PURCHASE MORE OF THE VILLA HOMES AT THE PLACE HE WAS WE WERE LOOKING AT IN THE BAYTOWN AREA FOR HIM. THEY DID HAVE WEAR ON THE MEMORY CARE. THE DOORS WOULD BASICALLY KIND OF LOCK SO THEY COULDN'T LIKE GET OUT AND MAYBE END UP WALKING IN THE IN THAT NEIGHBORHOOD IN THEIR NEIGHBORHOOD.

YEAH. SO HOW ARE YOU HANDLING THAT FOR PEOPLE? YEAH. SO WE HAVE DEMENTIA, ANYTHING LIKE THAT.

YEAH. AND THAT'S THAT. NOW THAT'S LIKE HIGHLY REGULATED IN EVERY STATE.

SO I DON'T KNOW WHAT IN THE BAY AREA IN TEXAS, THEY THE MEMORY CARE NEIGHBORHOOD IS THE OUTER DOOR IS LOCKED.

AND THAT'S. WE ALL WANT THAT. NO ONE WANTS WILBUR TO BE ON 114 AND IS UNDER PANTS AT 9:00 AT NIGHT.

RIGHT. SO BUT WHAT THOSE NEIGHBORHOODS HAVE, YOU KNOW, ACTIVITY, DINING, TV ROOMS, YOU KNOW, LITTLE OUTDOOR GARDENS. WAS THAT BAD? SORRY IT'S LATE, MAN.

THAT'S HILARIOUS. CURTIS IS JUST KILLING EVERYBODY.

SO YES, THE ANSWER IS YES. WE ALSO HAVE THAT NEIGHBORHOOD THAT'S CALLED MEMORY SUPPORT.

THAT IS NOT, NOT NOT LOCKED. AND, YOU KNOW, YOU KIND OF HAVE TO WALK AROUND AND BE REALLY COGNIZANT TO GET THERE.

BUT WE STILL BRING ALL OF THOSE SERVICES SO OUR RESIDENTS DON'T LEAVE.

BUT THEY THEY COULD IF THEY WANT. BUT YOU KNOW, MY, MY STEPDAD WAS A MEMORY CARE.

I WOULD GO GRAB HIM AND GO FOR A WALK. BUT AND I KNEW HOW TO GET I KNEW THE CODE TO GET IN AND OUT.

YES, WE DO HAVE MEMORY CARE. YEAH. AND THEN WE HAVE MEMORY CARE SUPPORT.

THAT'S A LITTLE LESS. OKAY BACK TO WHAT AL BROUGHT UP, YOU KNOW, THE WHOLE HIGH DENSITY.

AND I, I UNDERSTAND THIS IS LOOKING AT IT FROM WHAT ARE YOU CALLING IT A RETIREMENT? WHAT IS THIS? YOU CAN CALL IT A RETIREMENT COMMUNITY. OKAY. BUT THEN WE GO BACK TO 55 IS WHEN IT STARTS.

SO TECHNICALLY, I COULD SAY I, I WANT TO SELL MY HOUSE AND I, I WANT TO GO LIVE OVER HERE.

I'M ONLY 55. I'M GOING TO GO LIVE OVER THERE AND GET SOME MORE PEOPLE OUT OF THEIR HOUSES SO THE AGENTS CAN SELL THEIR HOUSES.

THIS NOW BECOMES HIGH DENSITY SENIOR. SO WE DON'T HAVE SOMETHING WHERE YOU JUST LIVE HERE.

SO WE HAVE A MONTHLY SERVICE PLAN THAT INCLUDES WHAT PEOPLE WILL DO THAT AND THEY'LL JUST PAY IT.

I'M TELLING YOU. OKAY. IT'S SO I GUESS IF YOU ARE 55 AND YOU WANT TO PAY FOR HOUSEKEEPING AND THE BREAKFAST AND THE, THE DINNER, AND I'VE JUST NEVER, WE'VE NEVER HAD IT ON WEDNESDAY AND I'M A HAPPY HOUR AND I WANT THE BAND TO COME IN AND PLAY.

AND I WANT TO DO ALL THE FUN THINGS WE DO. JUST.

IT'S LIKE RESORT LIVING. WELL, YOU COME ON IN.

WELL, YOU GOT FOUR MORE YEARS. WE JUST DON'T HAVE.

WE JUST. WE'VE GOT 16 COMMUNITIES. WE'VE NEVER HAD THAT BEFORE.

WE'VE WE'VE NEVER WE'VE NEVER HAD THAT BEFORE.

AND I DON'T KNOW WHERE ALL YOU'RE AT, BUT I MEAN, I'M ASSUMING YOU'VE BEEN IN A AN AFFLUENT AREA LIKE THIS WHERE DROPPING THAT IS.

YEAH. WE HAVE ONE ON THE DESCHUTES RIVER IN BEND, OREGON.

WE HAVE ONE UP IN THE NORTHWEST HILLS OF PORTLAND.

YOU KNOW, OUR GEORGETOWN ONE IS RIGHT NEXT. I MEAN, IT'S, IT'S RIGHT NEXT TO A 55 ACTIVE ADULT.

WE JUST PEOPLE COME WHEN THEY NEED US A LITTLE.

NOT SO I, I HEAR WHAT YOU'RE SAYING, BUT IT JUST DOESN'T, IT JUST DOESN'T HAPPEN.

BUT IF YOU WANT TO COME IN FOUR YEARS AND SEE WHERE I'M GOING WITH THIS.

YEAH, I SEE WHERE YOU'RE GOING. I JUST, I THINK MAYBE OUR MONTHLY SERVICE FEES WOULD PRICE PEOPLE OUT OF THAT OPTION.

[05:50:04]

AND WE, YOU KNOW, WE GOT VERY EARLY PRO FORMAS AND WE HAVEN'T, WE HAVEN'T DONE OUR PRICING.

PRICING YET. SO. OKAY. AND WHAT IS THE THE, AND THAT 5000 IS LIKE A STUDIO, RIGHT? AND THEN WHAT, WHAT IS THE MINIMUM? BASICALLY, LIKE, I, I REALLY ONLY NEED TO, LIKE, I, I WANT TO COME LIVE, DO I NEED AND I'M YOUNGER AND I'M NOT 80 IS IT? WILL YOU HAVE TO SIGN FOR A YEAR? YOU CAN DO IT MONTH TO MONTH.

HOW DOES THAT WORK? DO YOU WANT SOMEONE. I AM TRYING TO THINK OF THE THE OPTIONS THAT MOST OF. MOST OF OUR RESIDENTS HAVE A DEPOSIT PLAN.

OKAY. AND IT'S USUALLY LIKE THE. IT'S. THAT MAKES SENSE FINANCIALLY.

THAT'S LIKE ABOUT 2 TO 2 AND A HALF YEARS BEFORE.

IT'S LIKE A FINANCIAL PENALTY TO TO LEAVE. SO I'M GOING TO USE THAT AS A DATE.

NOW, IF YOU'RE IN ASSISTED LIVING AND SOMETHING HAPPENS, WE DON'T MAKE PEOPLE PAY RENT IF THEY'RE NOT AROUND.

WE JUST DON'T DO IT. IT'S NOT RIGHT FOR THEIR FAMILIES.

OKAY. AND ONE MORE TIME, GIVE ME THE THE INITIAL CAPACITY, THE PHASE ONE WE HAVE, INCLUDING THE INDEPENDENT LIVING, THE FLATS AND THE VILLAS IS ABOUT 200 INDEPENDENT LIVING.

200 INDEPENDENT LIVING HOMES, HOMES. AND WE YOU'RE SAYING ABOUT TWO PEOPLE PER HOME OR.

NO. WE STARTED ABOUT AS HIGH AS WE EVER GET AS 1.25.

AND THEN WHEN WE'RE STABILIZED, IT'S USUALLY ABOUT 1.15.

FOR THOSE, YOU KNOW, JUST WHEN YOU'RE 80, THE CHANCES OF YOU HAVING YOUR MATE STILL IS IS LESS SO THAT.

OKAY. WE DON'T HAVE THREE. WE DON'T WE DON'T HAVE ANY PLACE THAT HAS THREE PEOPLE IN IT.

SO IT'S USUALLY YOUR MATE AND YOU AND THEN SOMETIMES JUST YOU.

OKAY. THANK YOU. NO PROBLEM.

I'M IN MY 70S AND MY HUSBAND IS IN HIS 80S. AND SOMETIMES I FEEL THAT PEOPLE DO NOT UNDERSTAND OUR NEEDS.

AND I FEEL THAT PEOPLE ARE NOT LOOKING INTO THE FUTURE OF SOUTHLAKE AS FAR AS THE DEMOGRAPHICS, THE AGING, AGING DEMOGRAPHICS. AND I MENTIONED AT A PREVIOUS MEETING THAT A CONSULTANT FOR THE CITY OF SOUTHLAKE IDENTIFIED THAT PEOPLE, THE DEMOGRAPHICS OF, OF SOUTHLAKE AGE 55 AND UP WAS GOING TO BE ABOUT 33, MAYBE 37, JUST TO BE CONSERVATIVE, 33% OF THE POPULATION OF SOUTHLAKE.

AND THAT GROUP IS GROWING. I'M RETIRED, MY HUSBAND'S RETIRED.

AND AS PEOPLE IN OUR 70S AND 80S AND RETIRED, THE LAST THING WE WANT TO DO IS GET ON THE STREET WHEN THERE'S A WHOLE BUNCH OF TRAFFIC ON THE STREET. WE DON'T WANT TO BE OUT AT NIGHT.

WE DON'T WANT TO BE OUT ON THE WEEKENDS. SO I DON'T SEE US AS A TRAFFIC PROBLEM.

WE HATE IT JUST AS MUCH AS ANYBODY ELSE HATES IT.

AND SO WE DO EVERYTHING WE CAN TO AVOID IT. I AND JUST LOOKING AND TRYING TO STUDY THE TRENDS BECAUSE I'M CHAIR OF THE SENIOR ADVISORY COMMISSION. SO I DO WANT TO KNOW AND UNDERSTAND THE TRENDS.

IT SEEMS THAT YOUNG PEOPLE ARE NOT AS INTERESTED IN INHERITING OUR STUFF THAT THEY USED TO BE.

THEY DON'T WANT OUR HOUSES. THEY DON'T WANT OUR FINE CHINA.

THEY DON'T WANT ANY OF THAT STUFF ANYMORE. SO IT SEEMS THAT THE TREND IS THAT PEOPLE, THAT OLDER SENIOR CITIZENS ARE SELLING THEIR HOMES IN ADVANCE OF DYING AND THEY DON'T WANT TO TURN AROUND AND BUY ANOTHER HOME BECAUSE WHAT THEY WANT TO DO, THEY'RE HEARING THEIR KIDS SAYING, I DON'T WANT TO HAVE TO DEAL WITH THIS WHEN YOU'RE, WHEN YOU'RE DEAD.

SO THEY'RE, THEY'RE WANTING TO GO AHEAD AND SELL THEIR HOMES AND JUST GET THEMSELVES SITUATED IN A PLACE WHERE WHEN I DIE, MY RENT QUITS. AND AND, AND MY MY KIDS DON'T HAVE TO DEAL WITH MY ESTATE BECAUSE I CAN SELL MY HOME BEFORE THEN. I CAN TAKE THE PROCEEDS FROM MY HOME.

I CAN INVEST IT WITH MY FINANCIAL INVESTOR. I CAN DESIGNATE MY KIDS AS BENEFICIARIES.

[05:55:06]

IT'S ALL CLEAN AND TAKEN CARE OF, AND AS THE POPULATION OF SOUTHLAKE IS AGING, THIS IS A NEEDED PRODUCT. AND I REALLY WISH PEOPLE WOULD START UNDERSTANDING WHAT WE AS SENIOR CITIZENS NEED.

AND I APPRECIATE THAT YOU ARE COMING IN AND GIVING A PRODUCT, GIVING AN OPPORTUNITY.

AND YES, IT'S FOR RENT. YOU'RE PAYING RENT MONTH TO MONTH, BUT THE WHOLE IDEA OF SELLING YOUR HOUSE AND GETTING YOURSELF MORE SITUATED IS SO YOU DON'T HAVE TO DEAL WITH ALL OF THAT LEGAL ISSUES AFTER THE FACT.

SO AND THEN I'M REGARDING THE NEED FOR MORE MS TRUCKS.

IF I LIVE IN SOUTHLAKE AND I'M STAYING IN MY HOUSE, OR I'M MOVING TO YOUR FACILITY IF I'M GOING TO HAVE THE NEED FOR MS. IT'S THE SAME NEED WHETHER I'M IN MY HOUSE OR IN YOUR FACILITY.

NO, PROBABLY WILL BE LESS BECAUSE WE BUILD SENIOR LIVING FRIENDLY SPACES WITHOUT STAIRS AND TRIPPING HAZARDS AND SHOWERS YOU CAN GET IN AND OUT OF EASILY. SO MY MONEY'S ON.

WE'RE A LITTLE LESS. YEAH, I COMPLETELY GET THAT.

I'M HAVING A HARD TIME KEEPING MY HUSBAND OFF OF A LADDER IN MS HAS BEEN DOING A GREAT JOB WITH US, SO BUT I JUST DON'T SEE THAT IF I'M IN SOUTHLAKE AND I'M MOVING FROM ONE LOCATION TO ANOTHER, THAT I'M GOING TO CREATE A FINANCIAL BURDEN ON THE CITY.

ANY MORE OF A FINANCIAL BURDEN ON THE CITY? OKAY.

THANK YOU, THANK YOU. ANYONE ELSE? WE MADE IT TO MIDNIGHT.

NO WAY. VERY GOOD. BRIAN, DO WE HAVE ANY COMMENTS? YEAH, WE HAVE A FEW. NOT AS MUCH AS THE FIRST AGENDA ITEM, BUT I'LL READ THROUGH THEM REAL, REAL QUICKLY FOR YOU AND THEN YOU CAN RESPOND IF YOU HAVE ANYTHING TO ADD.

FIRST ONE WAS FROM CANDACE CAPERTON MANLEY. SHE SAID THE TOUCHMARK PROJECT WOULD PRESENT A LOGISTICAL NIGHTMARE FOR THE CARROLL 114 AREA.

THE TRAFFIC IS ALREADY UNMANAGEABLE AND GETTING OUT OF OUR OWN NEIGHBORHOOD ONTO CARROLL IS A CHALLENGE.

TOUCHMARK IS JUST AN APARTMENT COMPLEX FOR ELDERLY PEOPLE SEE ABOVE.

NO APARTMENTS. PLEASE VOTE NO ON THIS PROPOSAL.

ANOTHER COMMENT FROM I'M GOING TO BUTCHER THIS NAME AND I APOLOGIZE.

ARABS WISE PLEASE TAKE INTO CONSIDERATION THAT WE HAVE A SENIOR LIVING DEVELOPMENT ON CARROLL AND HIGHLAND RIGHT OFF OF THE 114 SERVICE ROAD.

ALSO, I ASK THAT YOU TAKE INTO CONSIDERATION THAT THE PLACE OF THIS DEVELOPMENT AND WHAT IT WILL DO TO THE RESIDENTIAL AREA IF IT IS BEING ASKED TO PUT OR IF IT IS BEING ASKED TO BE PUT IN. ANY LIST SOME POINTS HERE. ONE BEING TRAFFIC AND CONGESTION.

INCREASED VEHICLE TRAFFIC FROM STAFF, VISITORS, DELIVERY SERVICES FOR EMERGENCY VEHICLES AND VENDORS.

ADDITIONAL CONGESTION ON RESIDENTIAL STREETS NOT DESIGNED FOR HIGHER VOLUME USE, NUMBER TWO BEING EMERGENCY SERVICE DEMAND.

SENIOR LIVING COMMUNITIES USUALLY REQUIRE MORE FREQUENT AMBULANCES, FIRE AND LOCAL AND POLICE RESPONSE.

THE RESIDENTIAL AREA WILL BE OVERFLOODED WITH NOISE AND SOUND.

INCREASED DEMAND CAN PLACE ADDITIONAL PRESSURE ON LOCAL EMERGENCY SERVICES.

COMBAT COMPATIBILITY WITH NEIGHBORHOOD CHARACTER.

RESIDENTIAL FEEL. THE DEVELOPMENT CHANGES THE ESTABLISHED CHARACTER OF THE COMMUNITY.

NOISE AND ACTIVITY DELIVERIES. MAINTENANCE OPERATIONS.

LANDSCAPING, CREW SHIFT CHANGES AND VISITOR TRAFFIC CAN INCREASE NOISE ACTIVITY WILL EXTEND BEYOND WHAT IS TYPICAL FOR RESIDENTIAL AREA.

PARKING CONCERNS STAFF, VISITORS, CONTRACTORS AND SERVICE PROVIDERS MAY CREATE PARKING OVERFLOW ONTO NEIGHBORHOOD SAFETY ISSUES.

INCREASED TRAFFIC AND LARGER VEHICLES CAN CREATE CONCERNS FOR CHILDREN RIDING THEIR BIKES.

PEDESTRIANS WALKING THE AREA IN QUESTION. AND AS THIS AREA SEES MANY CHILDREN AND PEDESTRIANS ENJOYING THE QUIETNESS OF THE STREETS, WE WOULD LIKE TO SEE IT REMAIN THE SAME. THE SPECIFIC AREA ALREADY SEES AN INCREASE IN TRAFFIC DURING SCHOOL AND REGULAR HOURS.

OUR SIDE STREET, HIGHLAND, CANNOT AFFORD MORE TRAFFIC AS THERE IS ALREADY A STRAIN THERE.

NEXT POINT IS PROPERTY VALUE CONCERN. AS HOMEOWNERS, WE WORRY THAT A LARGE INSTITUTIONAL OR COMMERCIAL STYLE FACILITY WILL AFFECT PROPERTY VALUES. LAST POINT HERE IS ALTERNATIVE LOCATIONS MAY BE BETTER SUITED.

COMMERCIAL CORRIDORS, MIXED USE DISTRICTS OR AREAS NEAR MEDICAL FACILITIES AND MAJOR ROADS MAY PROVIDE BETTER ACCESS TO SERVICES WHILE MINIMIZING NEIGHBORHOOD IMPACT. HE SAYS, WHILE I AND MY FAMILY RESPECT THE NEED FOR QUALITY SENIOR HOUSING AND CARE FACILITIES, WE BELIEVE THIS PROPOSED DEVELOPMENT IS NOT COMPATIBLE WITH THE EXISTING RESIDENTIAL CHARACTER OF THE NEIGHBORHOOD. PLEASE REMEMBER, WE ALREADY HAVE A SENIOR LIVING COMMUNITY ON HIGHLAND STREET OFF OF THE 114 SERVICE ROAD, NOT EVEN ONE MILE FROM THE PROPOSED PROJECT.

[06:00:04]

NEXT ONE IS FROM JENNIFER WHITFIELD. SHE SAYS I AM WRITING TO EXPRESS MY STRONG OPPOSITION TO THE PROPOSED DEVELOPMENT OFF NORTH CARROLL AVENUE AND EAST HIGHLAND STREET. AS A RESIDENT OF ONE OF SOUTH LAKES ORIGINAL NEIGHBORHOODS FEATURING TRADITIONAL ONE PLUS ACRE LOTS, I BELIEVE AN 18 ACRE INSTITUTIONAL CAMPUS COMPLETELY DISRUPTS THE CHARACTER AND SAFETY OF OUR IMMEDIATE COMMUNITY.

MY CONCERNS ARE EXISTING TRAFFIC FLOW AND SCHOOL TO SCHOOL CONGESTION.

WE ALREADY FACE SEVERE TRAFFIC AND PARKING CHALLENGES AT THIS INTERSECTION.

PARENTS FROM JOHNSON ELEMENTARY FREQUENTLY OVERFLOW INTO THE WHISPERING ESTATES NEIGHBORHOOD TO PARK AND DROP OFF PICK UP STUDENTS, WHICH IS ALREADY A MAJOR SAFETY AND LOGISTICAL CONCERN FOR OUR RESIDENTS.

TRYING TO EXIT OUR NEIGHBORHOOD IS ALREADY DIFFICULT.

ADDING A SENIOR LIVING FACILITY TO THIS EXACT CORNER WILL EXACERBATE AN ALREADY STRAINED SITUATION.

SHE ALSO LISTS EMERGENCY VEHICLE INFLUX AND NOISE POLLUTION AS A CONCERN, AS WELL AS COMMERCIAL ENCROACHMENT ON RESIDENTIAL ZONING.

HOMEOWNERS LOCATED JUST NORTH AND EAST OF THIS INTERSECTION VIEW THIS MASSIVE 18 ACRE CAMPUS AS AN UNWELCOME COMMERCIAL ENCROACHMENT INTO A TRADITIONALLY RESIDENTIAL SPACE.

TO PRESERVE OUR SOUTHLAKE CHARM, LAND CLOSER TO HIGHLAND STREET MUST REMAIN ZONED FOR LOW DENSITY SINGLE FAMILY HOMES TO SERVE AS A PROPER BUFFER.

WE DO NOT WANT TO SEE NORTH CARROLL AVENUE LINED WITH MORE OFFICE STYLE OR INSTITUTIONAL BUILDINGS. WE MUST PROTECT THE INTEGRITY OF SOUTHLAKE OF ORIGINAL SOUTHLAKE NEIGHBORHOODS.

I URGE YOU TO UPHOLD OUR LOW DENSITY MASTER PLAN AND DENSITY AND DENY THIS ZONING TRANSITION.

COUPLE MORE HERE. SARAH BEAGLE. SHE SAYS I AM OPPOSED TO THIS ZONE ZONING CHANGE AND DEVELOPMENT PLAN.

THIS IS A VERY BUSY INTERSECTION OFF THE FEEDER OF 114 IN CARROLL AND HIGHLAND STREETS.

THESE STREETS CANNOT ACCOMMODATE THE HIGH DENSITY OF A SENIOR LIVING RETIREMENT CENTER OR WHATEVER IS GOING TO BE PROPOSED.

CARROLL AND HIGHLANDS ARE ONE WAY EACH DIRECTION.

THESE TWO STREETS HELP GET PEOPLE TO THE WEST END RESTORATION CHURCH, JOHNSON ELEMENTARY BUSINESSES, THE ISLAMIC CENTER AND ALL THE SOUTHLAKE RESIDENTS THAT CALL HOME NORTH OF 114.

THIS WOULD PUT TOO MUCH STRAIN ON THESE STREETS.

AND THEN LAST ONE IS FROM BRAD AND SUSAN DURST.

HE SAYS, MY NAME IS BRAD DURST, 35 YEAR RESIDENT, EIGHT ACRE OWNER ON SUNSHINE LANE NEAR HIGHLAND.

WE OVER THE YEARS WERE TOLD AND PROMISED NORTH OF 114 WOULD BE ONE ACRE SINGLE FAMILY RESIDENCES.

NOW BETWEEN THE TWO SCHOOLS ON HIGHLAND STREET DURING SCHOOL MONTHS AND LOADING AND OFFLOADING HOURS, HIGHLAND AND CAROL ARE UNPASSABLE ALREADY. THE PROPOSAL SOUNDS LIKE FAR MORE DENSE LIVING THAN WHAT THE STREETS AND NEIGHBORHOOD CAN SUSTAIN, AND I, FOR ONE, OPPOSE ANYTHING OTHER THAN SF.

ONE, AS PROMISED COMMERCIAL WAS TO BE LOCATED IN EXIT ONTO 114 FRONTAGE ROAD OF UPSCALE COMMERCIAL WERE TO BE NORTH OF 114, WITH NO ACCESS TO ANY STREETS NORTH OF 114 FRONTAGE ROAD.

SO THAT'S ALL I HAVE. OKAY. WELL, ALMOST EVERY ONE OF THOSE MENTIONED TRAFFIC.

AND I THINK THE GOOD NEWS IS THAT WE'RE GOING TO GENERATE A LOT LESS TRAFFIC THAN CERTAINLY THE COMMERCIAL USES THAT ARE MASTER PLAN BY THE CITY ON AIR. AND THE TIMES WHEN THAT TRAFFIC IS GENERATED WILL PROBABLY NOT LINE UP WITH WHEN THE SCHOOL IS HAVING A BACKUP OR WHAT HAVE YOU. YOU KNOW, YOU HEAR A LOT ABOUT ONE ACRE LOTS NORTH OF 114.

IT'S REALLY ONE ACRE LOTS A WAYS NORTH OF 114.

THERE'S NO ONE ACRE LOTS LINING UP. 114 AS I MENTIONED EARLIER.

AND THIS IS THE LAND USE PLAN OF THE CITY. WE'RE LOOKING AT RIGHT HERE, ALL THESE COLORS THE PURPLE, THE RED, THE BLUE AND EVERYTHING. THOSE ARE ALL NONRESIDENTIAL LAND USES THAT HAVE BEEN DESIGNATED FOR THE CORRIDOR ALONG 114 AND SPECIFICALLY BETWEEN KIRKWOOD AND HERE. SO YOU KNOW, I THINK CERTAINLY THIS IS NOT A PLACE THAT THE CITY EVER THOUGHT OF ONE ACRE LOTS WOULD BE GOING.

SO BUT, YOU KNOW, THOSE PEOPLE DIDN'T HAVE THE BENEFIT OF LISTENING TO OUR PRESENTATION.

SO A LOT OF, A LOT OF THOSE HOPEFULLY THEY WOULD CHANGE THEIR MIND ON SOME OF THEM IF THEY COULD.

BUT ANYWAY. VERY GOOD. THANK YOU. ALL RIGHT. THANK YOU ALL FOR YOUR PARTICIPATION IN SPIN.

REMEMBER, SPIN REPRESENTS THE FIRST OR FIRST STEPS IN THE DEVELOPMENT PROCESS IS SPIN MEETING REPORT WILL BE MADE AVAILABLE AFTER THE MEETING TAKES PLACE.

WE WILL INCLUDE THE SUBMITTED SPIN QUESTION AND OR COMMENT FORMS IN THE MEETING REPORTS.

THESE REPORTS ARE GENERAL OBSERVATIONS OF THE FORM. THEY ARE NOT VERBATIM. INTERESTED PARTIES ARE ENCOURAGED TO FOLLOW THE CASE THROUGHOUT THE ENTIRE DEVELOPMENT PROCESS.

MEETINGS ARE RECORDED AND WILL BE MADE AVAILABLE ON THE CITY'S WEBSITE APPROXIMATELY 24 HOURS AFTER THE MEETING TAKES PLACE.

* This transcript was compiled from uncorrected Closed Captioning.