May 21, 2024 Planning and Zoning Commission

[00:00:02]

MR. HARRIS? ALL RIGHT, LET'S ROLL. GOOD EVENING. THIS IS THE REGULAR MEETING OF THE TUESDAY,

[1. Call to Order / Roll Call.]

[CONSENT AGENDA]

DO WE HAVE A SECOND A SECOND, HAVE A SECOND FROM COMMISSIONER JACKSON. ALL THOSE IN FAVOR OF APPROVING THOSE SAID CONSENT AGENDA ITEMS, PLEASE RAISE YOUR HAND IN MOTION UNANIMOUSLY CARRIES WITH ALL COMMISSIONERS VOTING IN FAVOR. SO AT THIS POINT, I'LL TAKE IT BACK TO THE TOWN STAFF. AND LET'S, TALK ABOUT ITEM THREE. C WE'LL JUST GO IN ALPHABETICAL ORDER, THREE

[3b. Consider and act upon a request for a Final Plat of Star Trail, Phase 18 on 30.1± acres, located on the north side of First Street and 900± feet west of Legacy Drive. (DEVAPP23-0223)]

THE FINAL PLATS PHASE 1017. THE STAR TRAIL IS ALSO BEEN APPROVED. THE MOST RECENT PHASE TWO, PHASE 17, ABOUT 23 0169, WAS APPROVED ON MARCH 5TH OF THIS YEAR. ACTUALLY, STAFF, HE PUT TOGETHER THIS, INFORMATIONAL SLIDE FOR US. I'M SORRY. I'M TOO FAR. NOW, TO ADDRESS ANY QUESTIONS FROM THE COMMISSIONERS. COMMISSIONER LANSON. YEAH, SORRY, CHAIRMAN.

[00:05:01]

THANK YOU. SO THERE'S A POINT OF PROCESS. DO WE WANT TO TAKE THESE ITEMS ONE AT A TIME AS WE GO THROUGH THEM AND LET'S SO IF WE HAVE A MOTION ON ITEM THREE BE HERE WITH ANY CHANGES. WE'LL TAKE A VOTE ON THAT. AND THEN WE'LL GO TO THE NEXT CONSENT ITEM. WELL, MR. CHAIRMAN, I WOULD MOVE THAT. WE APPROVE ITEM THREE B SUBJECT TO THE ADDITION OF A 12 FOOT. YOU HAVE A 12 FOOT HIKE AND BIKE TRAIL, AS TO BE ADDED TO THE PLAT. AND IF I MIGHT ADD TO THAT, COMMISSIONER, AS REFLECTED ON THE PRELIMINARY PLAN, AS REFLECTED ON THE PRELIMINARY PLAT. YES ALL RIGHT.

SO I APPRECIATE THAT, HAVE A MOTION TO THAT EFFECT FROM COMMISSIONER BLANCHETT. DO WE HAVE A SECOND TO HIS MOTION ON ITEM THREE B? I'LL SECOND IT. ALL RIGHT. HAVE A SECOND FROM COMMISSIONER HAMILTON. ALL THOSE IN FAVOR OF APPROVING ITEM THREE B WITH THAT NEW, WORDING INCLUDED, PLEASE RAISE YOUR HAND. AND THE MOTION CARRIES 6 TO 0. UNANIMOUS ALL RIGHT. THANK

[3c. Consider and act upon a request for a Site Plan for a Retail Building on Hunter Gateway Centre, Block A, Lot 3, on 0.8± acre, located on the north side of University Drive and 185± feet east of La Cima Boulevard. (DEVAPP-23-0225) (Part 1 of 2)]

[00:10:07]

AT THE SAME TIME, THERE IS NO ACCESS POINT TO THE CAR WASH THAT MAY OR MAY NEVER COME. AND GOING INTO LASEMA RIGHT THERE AT THAT CORNER, YOU DID DRIVE IT INTO A COMMUNITY WHERE RIGHT NOW IT SHOULDN'T HAVE ANY TRUCKS AND THINGS GOING THROUGH THERE, BUT BECAUSE OF HOW HOW THINGS WERE APPROVED PROBABLY TEN YEARS AGO. RIGHT. WE'RE SITTING IN A SITUATION WHERE WE HAVE ONE ACCESS POINT THAT ONLY COULD TAKE TWO CARS COMING IN OFF OF LASEMA, WHICH SEEMS LIKE IT SHOULD BE WIDENED TO AT LEAST FIT A COUPLE MORE. OR BECAUSE WHEN THEY GO TO MAKE THAT FIRST LEFT TO TRY TO GO TO THIS FIRE LANE, IF THEY CAN, IT'S JUST GOING TO BE MORE CONGESTION, ESPECIALLY GOING UP TOWARDS THOSE GAS PUMPS. YOU KNOW, COMMISSIONER BLANCHARD SAID HE SAW JUST TODAY NO WAY TO GET IN THE PLACE BECAUSE OF ALL THE TRAFFIC FOR THE CARS. SO I DON'T WITHOUT WITHOUT THIS ACTUALLY HAVING SOME REAL POINTS OF ENTRY VERSUS JUST THIS ONE. 711 PARKING LOT. IT SEEMS LIKE LIKE WE'RE GOING TO CAUSE MORE ACCIDENTS AND MORE THINGS ON THAT, ON THAT INTERSECTION THAT WE DON'T NEED RIGHT NOW. YEAH, I'D ECHO, THE COMMENT ON RICHLAND, IT'S ABSOLUTELY A BIT OF A HAZARD. AND I DIDN'T THINK ABOUT THAT, COMMISSIONER JACKSON BUT THAT STREET IS AN OPEN STREET. IT'S THERE. WHICH IS IRONIC. IT'S NOT OPEN, AND SO IT DOES ACTUALLY PINCH THAT DOWN. THAT'S A VERY VALID POINT. SO WHAT'S THE TIME FRAME FOR IT TO OPEN? I MEAN, I MEAN, IS IT READY TO GO. IT'S BEEN IT'S BEEN UNDER CONSTRUCTION IF IT'S DONE.

BUT IS IT DONE. STRIPED AND IT JUST BLOCKED OFF RIGHT NOW. YEAH. YEAH. BECAUSE THEY HAVE TO OPEN UP GOING TOWARDS COIT AND THEY HAVE TO OPEN UP GOING TOWARDS THE WALMART ON. WELL BUT ACTUALLY TO YOUR POINT THERE'S A TURNAROUND RIGHT HERE THAT'S THERE. SO I DON'T KNOW WHY THAT COULDN'T BE OPEN. YEAH SO MAYBE IS THAT I GUESS I ASKED STAFF I WONDER IF THIS MOVING FORWARD. I MEAN DO WE KNOW THE TIMELINE FOR WHEN RICHLAND WILL OPEN? I GUESS I MEAN, I WOULD ASSUME IT'S COMING PRETTY QUICK, BUT AT LEAST A PORTION OF IT AND YOU SEE THERE'S TWO MORE PLATS RIGHT BEHIND IT, WHICH MEANS THERE'S GOING TO BE MORE MORE STUFF THERE WITH ONLY THE TWO LITTLE ENTRYWAYS. IT JUST DOESN'T SEEM FEASIBLE. WE DENIED THE STUFF ON ON THE ON THE WEST SIDE BECAUSE OF CONGESTION. CORRECT. SO I HAVE A QUESTION AND I'VE ASKED THIS MANY YEARS AGO, BUT ON A ON A CONSENT AGENDA ITEMS. WHAT IF A CONSENT AGENDA IS NOT APPROVED. WHAT WHAT WOULD WHAT HAPPENS THEN. BECAUSE CONSENTS ARE REALLY NOT MUCH CHANGES ON THAT. RIGHT. WELL THE, THE COMBINATION OF DIFFERENT CASES UNDER CONSENT IS JUST A MATTER OF CONVENIENCE. AND THE COMMISSION OR THE COUNCIL HAS THE ABILITY TO DRAW ITEMS DOWN OFF OF A CONSENT AND ACT ON THEM SEPARATELY, AS YOU ALL ARE DOING HERE THIS EVENING. SO THE FACT THAT AN ITEM IS ON CONSENT AGENDA VERSUS ON A REGULAR SESSION AGENDA DOES NOT HAVE AN IMPACT. MORE IMPACT COMES INTO PLAY WHEN WE'RE TALKING ABOUT, SOMETHING THAT IS BEING CONSIDERED UNDER PLANNING UNDER

[00:15:02]

THE SEVEN ELEVENS, THE EXXON OVER AT PRESTON AND PROSPER TRAIL, THEY ALL GET LOADED UP WITH WITH PRIMARILY LANDSCAPE FOLKS. THEY HAVE THEIR TRAILERS ON THE BACK AND IT TAKES UP A LOT OF ROOM. THEY GENERALLY ARE NOT IN A PARKING SPACE, SO THEY'RE BLOCKING THE DRIVE THROUGH LANES AS AS YOU'RE SAYING, WHY? RIGHT. ANOTHER ENTRANCE. ABSOLUTELY. AND I CAN TELL YOU YOU WILL SEE SHORTLY, REVISION OF THE 711 THAT'S UP ON PRESTON AND FRONTIER BECAUSE OF THAT VERY PROBLEM. AND THEY'RE TAKING OVER THE LOT NEXT DOOR AND THEY'RE PUTTING IN ADDITIONAL PARKING. THE DRIVE THROUGH, LIKE YOU SEE IN RV AND BUS STYLE PARKING WHERE THERE'S, YOU KNOW, MULTIPLE SPACE FOR THE TRAILERS TO GET IN. THEY'RE PUTTING EV CHARGING STATIONS, ALL SORTS OF THINGS LIKE THAT. IT'S THE FIRST ONE THAT 711 IS DONE LIKE THAT. IT'S IN THEIR PLANS TO START GOING AND RETROFITTING OTHER PLACES WHERE THEY CAN. THEY REALIZE IT'S A PROBLEM, OUR ORDINANCES DON'T REALLY ADDRESS IT. AS I SAID IT, JUST BECAUSE THEY'RE SUCCESSFUL, WE CAN'T NECESSARILY PUNISH THEM FOR THAT AND SAY, WELL, WE'RE NOT GOING TO LET YOU HAVE ANY MORE BUSINESS. WELL, YOU KNOW, WE'LL SHOW YOU. SO, AS I SAID, WHAT I'D LIKE TO BE ABLE TO DO IF THE COMMISSION IS AGREEABLE, IS IT AT LEAST ON THIS ONE, YOU KNOW, IF WE COULD TABLE IT AND GET SOME REAL ANSWERS AND BRING IT BACK AND MAKE SURE THAT IT'S LIKE IF WE'RE GOING TO TABLE IT NOW. RIGHT. YOU GUYS SHOULD HAVE DONE THE DUE DILIGENCE AHEAD OF TIME TO ACTUALLY COME BEFORE US WITH THESE, WITH THIS INFORMATION. SO TO SAY WE'RE GOING TO YOU WANT US TO TABLE IT NOW SO YOU CAN GO BACK AND GET FURTHER INFORMATION. SOMEONE SHOULD HAVE DROVE THE PROPERTY.

WE ALL DO IT WHEN YOU GUYS SEND US OUT THESE PACKETS, OUR INFORMATION CURRENTLY IS THAT IT MEETS THE CODE REQUIREMENTS, WHICH IS WHY IT'S HERE. IF THE DRIVE THROUGH AT THE KROGER ON THE WEST SIDE, WITH ALL THOSE DRIVE THROUGH STATIONS MET ALL THOSE DRIVE THROUGH RESTAURANTS, MET THE CODE AT ONE POINT TO SOMEBODY GOT HIT BY A CAR. RIGHT. THEN WE HAVE TO GO BACK AND SAY, OKAY, DID WE DO THE RIGHT THING? THIS IS ONE OF THOSE THINGS WHERE YOU'RE GOING

[00:20:04]

[Executive Session]

ITS CURRENT TIME IS 6:26 P.M, SO WE ARE ADJOURNED TO DO EXEC PLEASE NOTE, 6:51 P.M, PLANNING

[Reconvene to Open Session]

[3c. Consider and act upon a request for a Site Plan for a Retail Building on Hunter Gateway Centre, Block A, Lot 3, on 0.8± acre, located on the north side of University Drive and 185± feet east of La Cima Boulevard. (DEVAPP-23-0225) (Part 2 of 2)]

GOOD QUESTION. GOOD CLARIFICATION. SO ALL THOSE IN FAVOR OF APPROVING THE MOTION TO TABLE ITEM THREE C TO THE JUNE 4TH MEETING, PLEASE RAISE YOUR HAND. AND WE HAVE 12345 IN FAVOR OF THAT. ANY OPPOSED. AND I'M GOING TO RAISE MY HAND ONE AGAINST. SO ITEM THREE C IS TABLED TO THE JUNE 4TH MEETING. ALL RIGHT. MOVING RIGHT ALONG. WE HAVE ITEM THREE D. THIS IS

[3d. Consider and act upon a request for a Final Plat of Hunter Gateway Centre, Block A, Lot 3, on 0.8± acres, located on the north side of University Drive and 185± feet east of La Cima Boulevard. (DEVAPP-23-0224)]

THEN OKAY, I MAY CIRCLE BACK TO YOU ON THAT ONE. THAT'S ALL, IF THERE ARE NO OTHER QUESTIONS, I'LL ENTERTAIN A MOTION ON ITEM THREE. D A MOTION THAT WE APPROVE ITEM THREE D OKAY, SO YOU HAVE A MOTION FOR APPROVAL. COMMISSIONER JACKSON, DO WE HAVE A SECOND, SECOND, SECOND.

COMMISSIONER HARRIS, ON ITEM THREE. D ALL THOSE IN FAVOR OF APPROVING ITEM THREE D, PLEASE RAISE YOUR HAND IN MOTION. CARRIES 6 TO 0. UNANIMOUS ON ITEM THREE D. ALL RIGHT. OUR

[3g. Consider and act upon a request for a Preliminary Site Plan for a Medical Office, Office, and Retail Buildings on Prosper Center, Block A, Lots 10-12, on 6.2± acres, located on the northwest corner of Legacy Drive and Prairie Drive. (DEVAPP-24-0033)]

OKAY GOOD EVENING. COMMISSION, THREE G IS A PRELIMINARY SITE PLAN TO CONSTRUCT A TWO STORY, 16,665 SQUARE FOOT MEDICAL OFFICE BUILDING AND 11,000 SQUARE FOOT OFFICE BUILDING, AND A 14,725 SQUARE FOOT RETAIL BUILDING, ON THE WEST SIDE, INSTEAD OF THE REQUIRED, TYPICALLY REQUIRED MAY 6TH FOOT MASONRY WALL, WE ARE PROPOSING A LIVING SCREEN. AS YOU CAN SEE

[00:25:01]

AND THERE'S. THAT APPLIES ON BOTH SIDES, RIGHT? CORRECT IS THAT EXCUSE ME, IS THAT DIFFERENT ON A TWO STORY VERSUS A SINGLE STORY? ONE STORY, I THINK IT'S 30FT. OKAY AND THEN WAS THERE ANY I GUESS IT'S NOT A . I GUESS WAS THERE ANY INPUT OR ANYBODY ANY COMMENTS FROM SURROUNDING RESIDENTS OR OTHERWISE AT ALL IN ANY OF THESE CONVERSATIONS? I HAVEN'T HEARD ANYTHING FROM ANYONE. ON THE 60 FOOT SETBACK, WHAT'S THE DEFINITION OF THAT SETBACK? AND THEN I'LL GIVE YOU THE QUESTION BEHIND THE QUESTION, THE DUMPSTER LOCATION. IT'S ABOUT 16, 17FT OFF OF THE PROPERTY. IT LOOKS LIKE. DOES THAT IS THAT NOT HAVE TO BE OUTSIDE OF THAT SETBACK OR CAN THAT BE WITHIN THE SETBACK? WELL, FOR THE SETBACK, IT'S THE BUILDING, SO THE DUMPSTER CAN BE IN THAT SETBACK. THE SETBACK IS FOR THE BUILDING SPECIFICALLY. THIS IS PROBABLY AN ELEMENTARY QUESTION, BUT WHAT DEFINES A BUILDING AS OPPOSED TO AN EIGHT FOOT BIG WALL OF DUMPSTERS IN IT? WHAT'S, A DUMPSTER DOESN'T NECESSARILY HAVE A USE THAT CAN GO IN IT, SO IF YOU JUST PUT A DUMPSTER ON SITE, WE WOULDN'T CONSIDER THAT A BUILDING PER SE, VERSUS A, 16,000 SQUARE FOOT BUILDING. YEAH I THINK IT SOUNDS LIKE YOU GUYS GAVE SOME CONSIDERATION TO WHERE THE DUMPSTER MIGHT MAKE SENSE. WELL, YEAH, I MEAN, BECAUSE IT'S. WE KNOW IT'S KIND OF CLOSER TO RESIDENTIAL, BUT, THERE'S A EIGHT FOOT MASONRY CLOSURE. THEN THERE'S FIVE FOOT LANDSCAPING AROUND THE DUMPSTER. THEN INSTEAD OF, ADJACENT TO RESIDENTIAL, THERE'S A 15 FOOT LANDSCAPE BUFFER INSTEAD OF YOUR NORMAL FIVE FROM BETWEEN COMMERCIAL. AND THEN THERE'S THAT LIVING SCREEN. SO WE FEEL LIKE IT'S BEEN ADEQUATELY SCREENED AWAY. IT SOUNDS LIKE IT MEETS THE REQUIREMENTS. I DON'T NECESSARILY LIKE IT, BUT IT WORKED. ANY OTHER QUESTIONS OR THIS IS JUST SITE PLAN IS DO WE DO DO WE HAVE TO APPROVE ANYTHING WITH FACADE OR BUILDING? NO. AT THE WELL, SO FOR FACADE PLANS, I DON'T THINK THIS PD SPECIFIES THAT IT HAS TO COME IN FRONT OF YOU GUYS, BUT THEY WOULDN'T HAVE A FACADE PLAN PROVIDED UNTIL THE SITE PLAN FOR THIS MEDICAL OFFICE HERE. SOUNDS GOOD. THANK YOU. YEP ANY OTHER QUESTIONS ON 3G THIS EVENING? IF NOT, I'LL ENTERTAIN A MOTION ON ITEM 3G. A MOTION TO APPROVE ITEM 3G. ALL RIGHT, WELL, WE HAVE A MOTION TO APPROVE ITEM 3G FROM COMMISSIONER CARLSON. DO WE HAVE A SECOND? A SECOND? WHO IS FIRST? EXCUSE ME. BEFORE YOU MAKE COMMISSIONER HARRIS SECOND.

I THINK WE HAD A COUPLE OF SECONDS. WE'LL SAY COMMISSIONER HARRIS FOR THE RECORD. CHAIRMAN.

YES, CAN YOU MAKE THAT WITH THE LIVING SCREEN, THE REQUEST. SO JUST APPROVAL WITH THAT LIVING SCREEN ON THE WESTERN SIDE. OKAY, SO LET'S, MAYBE REDO THAT. LET'S REDO THAT. SO I'LL MOTION TO APPROVE ITEM 3G WITH THE, LIVING SCREEN AS SPECIFIED IN THE, THE NEW LIVING SCREEN IN THE SITE PLAN. THANK YOU. SO A MOTION TO APPROVE 3G FROM COMMISSIONER CARLSON WITH THE LIVING SCREEN. DO WE HAVE A SECOND TO THAT MOTION? I'LL SECOND IT SECOND FROM COMMISSIONER HAMILTON. ALL THOSE IN APPROVING ITEM 3G WITH THE LIVING SCREEN. PLEASE RAISE YOUR HAND. AND THE MOTION CARRIES 6 TO 0. ALL RIGHT. NEXT UP THIS EVENING, CITIZEN COMMENTS. THE

[00:30:07]

[4. Consider and act upon a request to rezone 47.0± acres from Planned Development75 to a Planned Development for Multifamily and Mixed-Use, located at the northwest corner of Dallas Parkway and Prosper Trail. (ZONE-24-0001)]

SO PAGE SEVEN OF 12 OF THE BRIEF. OKAY, IT TALKS ABOUT THE MULTIFAMILY ZONE AND THE MIXED USE ZONE, BUT I DON'T SEE WHERE THOSE ARE DEFINED. I DIDN'T KNOW IF THERE'S A CORRESPONDING

[00:35:03]

BOTH ONE. YOU'RE CORRECT. ONE DOES ENCOMPASS THE OTHER, BUT THE OTHER THE LARGER ENCOMPASS THE FIRST, SO TO SPEAK. WHEN YOU THINK OF A COCKTAIL LOUNGE, AND PRIMARILY WHAT WE WERE THINKING ABOUT IS THE LOBBY BAR IN THE HOTEL, TO ME THAT'S A CLASSIC COCKTAIL LOUNGE. OKAY, WHEREAS AS HAVING AS USED IN YOUR EXAMPLE, A COUPLE OF COUCHES WITH A FIRE PIT OUT IN THE LAWN, YOU KNOW, I MEAN, THAT'S NOT A BAD EXAMPLE. DON'T GET ME WRONG. YOU KNOW THAT. YOU SEE THAT SOMETIMES IN RESORT HOTELS, YOU KNOW, BY THE BEACH OR THE SWIMMING POOL AND ALL THAT STUFF THAT DOESN'T FIT INTO THAT BECAUSE IT'S NOT SPECIFICALLY LISTED. SO IT WOULD HAVE TO BE INCLUDED AS PART OF A HOTEL OR THE, CABANAS. I'VE FORGOTTEN WHAT THEY'VE CALLED THEM NOW, BUT, YOU KNOW, THE OTHER COMPONENTS THAT ARE IN THE HOTEL, WHICH IS THE ONE ON THE OTHER SIDE. SO GOT IT. IT JUST HAS TO BE A LITTLE MORE SPECIFIC DEFINITION AS OPPOSED TO BEING OPEN ENDED FOR A SPECIFIC USE PERMIT, TYPICALLY BOUNDED BY TIME OR IS IT AN OPEN OPEN ONCE, ONCE OBTAINED? IT'S INDEFINITE. IT DEPENDS. THEY CAN BE. IF THE CONDITION IS AT THE BEGINNING, THEY CAN BE, BUT YOU CAN'T COME BACK AFTER THE FACT AND SAY, OH, YOU DIDN'T DO ANYTHING. SO WE'RE GOING TO CANCEL THIS NOW. SO IT'S TRANSFERABLE TO. RIGHT, TRANSFERABLE, TRANSFERABLE, RIGHT. IT DEPENDS. YOU CAN LIMIT THAT TOO DEPENDING UPON THE USES AND LOCATIONS AND, AND OTHER

[00:40:07]

AND SO FORTH. IT'S JUST ABOUT TRYING TO BE ABLE TO MANAGE THESE DIFFERENT TYPES OF USES.

DOES THE EXTENDED STAY HOTEL APPROVAL BECAUSE IT'S, IN THE BY RIGHT. I KNOW THAT THE INTENTION IS THE REHABILITATION ASPECT OF THE MEDICAL CENTER OR FACILITY OF THEIR BUILDING. YES, SIR.

COULD THAT BECAUSE IT'S A PART OF A BY RIGHT APPROVAL IF THE PROPERTY IS. I'M NOT SAYING LET'S SAY IF THE PROPERTY WAS SOLD, THIS WOULD TRANSFER TO THE NEW OWNER. COULD THEY INTERPRET AN EXTENDED STAY HOTEL DIFFERENTLY AND PUT POTENTIALLY PUT AN EXTENDED STAY HOTEL ON THE PROPERTY? IT COULD HAVE BEEN WHEN WE HAD THE EXTENDED STAY AT THE BEGINNING, AND WE'VE TWEAKED THIS LIST SEVERAL TIMES, BUT WE WENT BACK AND WE PUT THE NOTICE IT'S NUMBER 24. IT SAYS HOTEL RESIDENTS EXTENDED STAY. AND THEN IN PARENTHESES IT HAS H02. THAT'S THE I CALL IT THE OBELISK. AND I KNOW THEY PROBABLY CRINGE WHEN I SAY THAT, BUT IT'S THE TOWER BUILDING THAT THAT'S THERE. THAT'S THE ONLY PLACE THE EXTENDED STAY COULD BE. AND THAT'S PRIMARILY WHAT THAT'S FOR. THERE IS. AND YOU'LL GET A BETTER EXPLANATION THAN WHAT I'M DOING RIGHT NOW. BUT THAT'S FOR PEOPLE WHO ARE IN REHAB FROM, SOME TYPE OF SURGERY RIGHT OUT KNEES, ELBOWS, WHATEVER IT HAPPENS TO BE. AND SO THEY WOULD STAY THERE FOR AN EXTENDED PERIOD OF TIME UNTIL THEY'VE RECOVERED. BUT IT'S SPECIFICALLY LIMITED TO JUST THE H02. AND SO IF THEY SOLD IT AND SOMEBODY ELSE CAME IN LATER, UNLESS THEY BUILT AN H02, THEY WOULDN'T BE ABLE TO DO THE EXTENDED STAY. OKAY. THANK YOU. YES, SIR. THAT'S IT FOR ME. OKAY . SO AT THIS POINT, ARE WE

[00:45:02]

THANK YOU. THANK YOU FOR THAT. LORI MEDINA FOR 308 SHAMROCK DRIVE, FRISCO, 75034. THANK YOU, AND SO FIRST WE HAVE KRISTEN MAGANA, THE OWNER OF THE LAND WHO'S OWNED IT FOR A COUPLE OF YEARS. SEAN ELLIS, THE CEO AND FOUNDER OF HOUSE OF TANGRAM, THE DEVELOPER ON THE PROPERTY, HIS CHIEF DEVELOPMENT OFFICER, BRIAN LOCKRIDGE FOR HOUSE OF TANGRAM. WE HAVE MIKE MARTINI, THE ENGINEER FROM SPEARS, IT'S OUR CIVIL ENGINEER WORKING ON THE PROJECT. BARRY HAND WITH GENSLER. OF COURSE, WE HAVE JOHN CHIEF. HE'S OUTSIDE COUNSEL FOR HOUSE OF TANGRAM. HE'S HERE WITH CHIEF AND STONE. AND THEN WE HAVE MOLLY JOHNSON, IN-HOUSE COUNSEL FOR HOUSE OF TANGRAM ALSO. SO WE'RE ALL HERE, AND WE'RE EXCITED ABOUT WHAT WE'RE GOING TO PRESENTED TONIGHT BECAUSE LIKE I SAID, I, THERE'S SOME REALLY BIG THINGS I THINK THAT WE'RE GOING TO BE BRINGING TO THE TOWN OF PROSPER, ONE OF THE THINGS JUST, YOU KNOW, IS THAT THIS WOULD BE THE FIRST FULL SERVICE HOTEL THAT'S GOING TO BE IN PROSPER. THIS IS THE FIRST STRUCTURED PARKING GARAGE IN THE TOWN OF PROSPER. SO THERE'S SOME REALLY SIGNIFICANT THINGS THAT WE'LL BE BRINGING TO YOU, THAT I HOPE YOU SEE AS A, AS A COMMERCIAL ECONOMIC ENGINE THAT WILL BE ON THE DALLAS NORTH TOLLWAY FOR YOU. THANKS. KRISHNA NIMMAGADDA 5804 SOUTH WIND LANE AND, MCKINNEY 75070. THANK YOU ALL FOR HAVING US HERE. REALLY APPRECIATE ALL THE FEEDBACK WE GOT FROM THE COMMISSION, FROM THE COUNCIL SESSION AND ALL THE GUIDANCE FROM THE STAFF. THANK YOU ALL. I'D ALSO LIKE TO INVITE BARRY, WHO'S A GANGSTER, AND THEN SEAN, MY GROUP, MY PARTNER IN CRIME ON THIS. WE THOUGHT WE COULDN'T HAVE DONE THIS WITHOUT THEM, SO AS WE THANK YOU, I JUST WANTED TO STATE THAT, WE HEARD ON ALMOST ALL OF THE CONCERNS WE HEARD WE HAVE TAKEN ALL OF THAT SERIOUSLY AND TRIED TO IMPLEMENT IT. SOME OF THE THINGS AROUND. HEY, IS THIS FLOOD RECOVERY POSSIBLE TO, LIKE, WHAT'S THE MULTIFAMILY STRUCTURE? PARKING WHATEVER THAT THOSE THINGS ARE. BUT BEFORE WE GO INTO THE DETAIL AND LET BARRY TALK, I WANT TO STATE THAT WE HAD A HOLISTIC VIEW FOR THIS PROPERTY. I HAD PEOPLE THAT WANTED TO BUILD A DAYCARE AND WHERE YOU SEE RETAIL, I STILL HAVE PEOPLE LINED UP TO BUY IT FOR A DAYCARE SITE AND A STRIP MALL. WE DIDN'T WANT TO DO THAT. WE WANTED TO DEVELOP A DESTINATION THAT WE ALL CAN FEEL PROUD OF, THAT I STATED EARLIER AND THAT'S THIS DESIGN WAS DONE ON PURPOSE, THE FLOOD AREA WAS NOT TO JUST RECOVER MORE LAND, BUT IT'S TO MAKE SURE THERE IS WATER AROUND THE YEAR AND YOU CAN HAVE A WATER FEATURE IN THE CURRENT STATE. THERE'S NO WAY WE COULD HAVE A WATER FEATURE. OUR ARCHITECTS ARE THERE. THIS WAS ALL. MOST OF IT WAS DONE CONSCIOUSLY TO CREATE LIKE AN AMBIANCE OF WHERE PEOPLE CAN COME AND HANG OUT, BUT AGAIN, WE HAVE TAKEN ALL OF YOUR FEEDBACK, TRY TO IMPLEMENT IT. I'LL HAVE, YOU KNOW, BARRY TALKED THROUGH SOME OF THESE CHANGES, AND I STATE THAT OUR INTENT IS TO DEVELOP ALL OF IT, AT THE SAME TIME. IF WE COULD, BUT BUT PRACTICALLY PRACTICAL REASONS, WE ARE PHASING IT, BUT ONE THING THAT I'LL SAY IS, LIKE WE'RE DOING THE ENTIRE INFRASTRUCTURE IN PHASE ONE, THE ENTIRE 35 ACRES OF INFRASTRUCTURE WITH THE WATER, WITH EVERYTHING. THE RECOVERY IN PHASE ONE. RIGHT. WE DON'T WANT WE WANT RETAIL AS MUCH AS PROSPEROUS DON'T WANT, BECAUSE RETAIL IS THE DEFINING FEATURE FOR US. WE HAVE BEEN HAVING DISCUSSIONS WITH ALL THE WAY FROM LINCOLN PROPERTY TO BIG MALL OPERATORS LIKE YOU. R.W. RIGHT, THE RETAIL IS VERY IMPORTANT FOR HEART, HOTEL CARBON AND EVERYTHING. SO THAT'S ONE COMMITMENT WE HAD LIKE ENTIRE INFRASTRUCTURE IN PHASE ONE FOR ENTIRE 34 ACRES, INCLUDING. SO NO QUESTIONS, NO NO VORTEX FOR US. RIGHT. SO THAT'S AND THEN AGAIN, JUST FOR WHAT IT'S WORTH, THE ENTIRE DEVELOPMENT IS LIKE MORE THAN $350 MILLION, RIGHT? LIKE WHETHER IT'S MULTIFAMILY, WHETHER IT'S INFRASTRUCTURE, 10 MILLION MULTIFAMILY IS A SMALL COMPONENT OF IT. IT'S A FRACTION, 25% MAX OR 30% IN TERMS OF THE COST FOR CARBON IS JUST MORE THAN HOTEL. WE'LL HAVE SEAN TALK ABOUT IT. IT'S A $150 MILLION INVESTMENT FOR THE HOTEL AND ALL ALL THE OFFICE AND THE FEATURES AND 100,000FT■!S OF RETAIL. THE ENTIRE PROPERTY HAS 200,000FT■!S OF RETAIL. WE ARE BUILDING 100,000 IN PHASE ONE, IN HOCKEY CARBON. SO THAT'S OUR INTENT IS TO ACTIVATE THE ENTIRE 35 ACRES AND THE ENTIRE INTERSECTION, NOT JUST MAKE MONEY OFF A SMALL PORTION.

[00:50:02]

WE HEARD AND DAVID SENT US A SUMMARY, I THINK, TO ALL OF US OF KIND OF THE CONSENSUS THAT CAME OUT OF THE WORK SESSION A COUPLE OF WEEKS AGO. SO I'M GOING TO TALK ABOUT JUST VERY BRIEFLY, AND I'VE GOT SOME EXHIBITS HERE. I'M GOING TO MAXIMIZE THIS. DAVID SO WE CAN, THUMB THROUGH WITH PAGE DOWN HERE. SEAN, THIS IS THE NEW CONCEPTUAL MASTER PLAN THAT YOU'VE KIND OF BEEN SEEING IN AND AROUND SOME IMAGES. WE ACTUALLY HAD A CHANCE TO GO BACK IN AND REALLY RICHEN THIS CORE, WE HEARD YOU LOUD AND CLEAR ON ED PARKING, RAP TYPE, MULTIFAMILY. WE HEARD YOU VERY CLEAR ON COUNTS AS FAR AS KIND OF WHERE YOUR GUIDELINES ARE LIMITING YOU. IN THE TOWN OF 7 TO 7000. SO WE'RE GOING TO TALK BRIEFLY ABOUT THAT. AND THEN I'M GOING TO TAKE A LITTLE INTERLUDE AND LET SEAN SPEND THE TIME THAT WE DIDN'T SPEND TWO WEEKS AGO WITH YOU WALKING THROUGH WHAT HOTEL CARBON IS. TRUST ME, IT'S WAY MORE THAN JUST A HOTEL. THIS IS A UNIQUE STRUCTURE AND INFRASTRUCTURE, KIND OF REINVENTING THE WAY WE DO HOTEL BUSINESS, ESPECIALLY AROUND SPORTS AND PERFORMANCE. THERE ARE SO MANY SPORTS, PROPOSALS UP AND DOWN THE TOLLWAY NOW, IF YOU COULD ONLY JUST SEE IT IN OUR STUDIO, SOME OF THE THINGS WE'RE WORKING ON THAT ARE, OF COURSE, UNDER UNDER INDIA'S. BUT THE, THE CORE OF SPORTS AND SPORTS MEDICINE THAT FRISCO HAS BEGUN DOWN AROUND THE STAR AND THEN POTENTIALLY COMING UP INTO PROSPER IS GOING TO BLOW YOU AWAY IN 10 TO 20 YEARS. SO WE'RE TAPPING INTO THAT. AND THAT'S WHAT SEAN WILL TALK ABOUT AGAIN, AS DAVID SAID, WE'VE BEEN ABLE TO TIGHTEN UP OUR SUZANNE SAID, WE TIGHTENED UP THE MULTIFAMILY. THIS THIS ONE HURTS. BUT WE DID IT, IT'S GOING TO TAKE SOME PAIN, WE ARE SHOWING A WRAP STRUCTURED PARKING PRODUCT ON THE NORTH WEST CORNER, AND THAT ALLOWS US A LITTLE BIT OF SPACE TO MOVE HOTEL CARBON AND THE XA2 TOWER NORTHWARD, BUT ALSO STILL HAVE ABOUT A THREE ACRE PARCEL FOR, THAT OFFICE BUILDING, WHICH COULD ALSO SUPPORT MEDICAL OR REHAB TYPE USES, YOU'LL NOTICE THAT THE CORE OF THE MIXED USE HAS ALSO BEEN KIND OF RICHENED.

AND THEN THERE'S AN AXIS THAT RUNS BETWEEN THE TWO HOTELS. KIND OF LIKE YOU SEE AT THE STAR, THAT LITTLE PLAY FIELD YOU HAVE AT THE STAR, THAT AXIS THAT RUNS EAST WEST THROUGH THE PROJECT. WE REALLY HAPPY ABOUT THAT. AND WE THINK THAT'S POTENTIAL PLACEMAKING AS WELL.

SO LET ME JUST KIND OF THUMB THROUGH THESE QUICKLY AND THEN I WANT TO I SAID I WAS GOING TO DO THIS RIGHT. BUT IT SOUNDS LIKE WE'LL JUST HAVE TO SCROLL. DAVID OKAY. SO WE TALKED A LITTLE BIT ABOUT THE PHASING. NOT A HUGE DIFFERENCE OVER WHAT WE TALKED ABOUT A COUPLE OF WEEKS AGO, OTHER THAN JUST KIND OF DIALING IN AGAINST THE NEW PLAN AND SOME OF THE REVISIONS THAT ARE A PRODUCT OF THAT. SO IF YOU CAN SEE THE CURSOR, OUR PHASE ONE BAND IS THIS, I GUESS THAT IS AN ORANGE COLOR, PINK ORANGE COLOR. AND THEN AGAIN, BUILDING OUR WAY ACROSS PHASE THREE TWO, WHICH WOULD BEGIN AT ABOUT 50% OF PHASE ONE. A LOT OF THIS HAS TO DO WITH CONSTRUCTION, LOGISTICS, AND THEN WORKING OUR WAY OFF THE SITE WITH PHASE THREE, WITH THE RETAIL VILLAGE DOWN HERE. AND THEN ONCE WE CAN GET OFFICE, REALLY GOING ENOUGH TO BUILD THAT OFFICE BUILDING, WHICH

[00:55:04]

AND IF YOU'VE DRIVEN THROUGH THE STAR, I'M SORRY, THE GATE WHICH IS NORTH OF THE STAR, YOU'LL SEE SOME PRETTY SERIOUS WORK, FOR HOW THAT WETLAND WAS CURATED. THAT IS A VERY DENSE ALSO DEVELOPMENT IN THAT. AND SO YOU'LL SEE A LOT OF INFRASTRUCTURE. WE HAD ANOTHER WETLAND PROJECT SIMILAR TO THIS, IN PLANO AT 121, WHERE THAT WETLAND WAS A VERY SMALL MANIPULATION. I BELIEVE YOUR ENGINEER MENTIONED EARLIER THAT IF YOU KEEP IT AT ABOUT 300 LINEAR FEET, IT'S A VERY MINOR KIND OF A FORM TYPE APPROVAL. SO THIS STUFF HAPPENS ALL DAY, EVERY DAY AROUND US IN NORTH TEXAS. AND AGAIN, IF I COULD CLOSE ON THIS IMAGE BY SAYING THE WATERWAY REALLY IS THE VALUE HERE, WE WANT TO KIND OF SHRINK IT DOWN. IT'S ABOUT 100 YARDS WIDE RIGHT NOW, AND THAT'S TOO WIDE TO MAINTAIN THE ENERGY ACROSS THIS MIXED USE VILLAGE.

SO WE NEED TO SHRINK IT DOWN HORIZONTALLY TO A WIDTH THAT PEOPLE CAN SEE ONE ANOTHER AND INTERACT ACROSS WITH. SO IF YOU THINK OF THE FLOODPLAIN AS YOU HAVE IT NOW, IT'S A VERY SHALLOW BUT WIDE RAVINE. WELL, AND I WAS TALKING TO MIKE, OUR ENGINEER AT THE BREAK. WHAT WE'LL DO IS DEEPEN IT AND NARROW IT LIKE THAT. YOU STILL HAVE TO HAVE THE SAME AMOUNT OF HYDROLOGY AND STORAGE, BUT INSTEAD OF IT BEING VERY FLAT AND WIDE, LIKE THAT, IT'LL BE DEEPENED AND NARROWED.

SO IT PROBABLY WILL HAVE A CONSTANT LEVEL IN IT, LIKE THE ONE AT THE GATE DOWN IN FRISCO.

BUT IT'S ALSO DEEP ENOUGH AND WIDE ENOUGH TO HANDLE ANY FLOOD EVENTS. SO THIS STUFF HAPPENS ALL DAY, EVERY DAY. AND THEN YOU CAN SEE ON RIGHT HERE UNDER PHASE ONE, YOU CAN SEE THE COMPONENTS THAT GO INTO PHASE ONE, INCLUDING HOTEL CARBON. SEAN'S GOING TO COME AND TALK.

JUST WE'RE GOING TO KIND OF LIGHTNING ROUND THROUGH SOME REALLY RICH IMAGERY THAT'S BEEN DEVELOPED FOR HOTEL CARBON AND THE XA2 TOWER, SO THAT YOU UNDERSTAND A LITTLE BETTER WHAT EXACTLY IS HAPPENING THERE. SO LET ME MOVE ON TO THAT. SO AGAIN , HOTEL CARBON IS THAT COMPLEX ALONG THE TOLLWAY, KIND OF A GATEWAY IN AND OUT OF PROSPER. IT'S ACROSS THE WATER. THAT'S PART OF PHASE ONE. AND THEN WE DID HAVE THESE ILLUSTRATIVE IMAGES ALONG THE TOLLWAY SERVICE ROAD OF WHAT HOTEL CARBON. THESE ARE CONCEPT CARS. WHAT HOTEL CARBON IN THE XA2 TOWER WILL LOOK LIKE SETTING A KIND OF SETTING IT, SETTING A MOOD. THESE THESE THIS IS A HOTEL FOR ATHLETES. OKAY, SEAN. YEP. OKAY. SEAN ELLIS, FOUNDER AND CEO OF HOUSE OF TANGRAM. WE'RE AT, FIVE COWBOYS WAY, IN FRISCO, I LIVE IN DENVER, COLORADO UNTIL JULY 1ST, AND THEN I'LL BE HERE IN PROSPER. SO WE'VE WE'RE LOOKING FOR HOUSES. OH, WELL, IT TAKES A WHILE. THANK YOU. SO, I'M GOING TO JUST SORT OF TAKE A STEP BACK FOR A YOU A LITTLE BIT OF HISTORY OF, OF US AND, HOTEL CARBON AND THEN BILL AND THEN WE CAN CATCH UP. AND THEY'VE KEPT ME BEHIND THE SCENES FOR A WHILE. SO I NEED TO CATCH UP. SO, WE ARE A INCUBATION COMPANY. WE INCUBATE HOTELS AND HOTELS ESSENTIALLY HAVE NOT CHANGED IN 1400 YEARS. BASICALLY YOU HAVE A ROOM, YOU SLEEP IN IT. MAYBE THERE'S SOME FOOD AND BEVERAGE. THAT'S IT. RIGHT. AND YOU, YOU HEAR ALL THE TIME, ALL THE WAY THROUGH UNIVERSITY, THAT SORT OF THING. THAT'S IT'S LOCATION. LOCATION LOCATION. RIGHT. WE DON'T BELIEVE THAT. WE BELIEVE THAT IT'S TIME TO LOOK AT HOTELS IN A WAY THAT IS SPECIFIC TO A DEMOGRAPHIC, IN THIS CASE, ATHLETES. WE KNOW THAT ATHLETES

[01:00:05]

AND THAT'S, THAT'S SWITCHED JUST A FEW YEARS AGO. AND, AND THE WAY THAT SWITCHED IS WHEN ALL THAT MONEY CAME IN. NOW, IT WAS THE MOST QUALIFIED ATHLETES. NOBODY BETTER TO TALK TO THAN PROSPER ABOUT SPORTS. AND THE 12 TO 18, 19 YEARS OLD. AND IT JUST KEEPS GOING. RIGHT. WE ALREADY KNOW COLLEGE SPORTS, ALL THAT SORT OF THING. BUT I KNOW I'M PREACHING TO THE CHOIR. RIGHT.

THE ISD HERE IS LEADING EDGE. SO THAT'S WHY WE'RE HERE RIGHT? WE PUT THIS TOGETHER. WE PUT HOTEL CARBON TOGETHER. AND SPECIFICALLY WE ADDED TECHNOLOGY TO WHAT ATHLETES NEED. AND I'LL TAKE YOU THROUGH THAT IN JUST A SECOND. WE PUT OUR MONEY TOGETHER $140 MILLION. AND WE FOUND LORI MEDINA AND WE SAID TO LORI, TELL US WHERE TO GO. AND SHE'S TAKEN US THROUGH THIS WHOLE PROCESS. WE'RE HERE BECAUSE SHE SAID, YOU'VE GOT TO MEET KRISHNA. SO WE BEAT KRISHNA. WE NOW ARE TRYING TO TELL SOMEONE ABOUT TECHNOLOGY AND HOTELS. WHEN YOU LOOK AT REGULAR HOTELS, THERE'S ZERO TECHNOLOGY, RIGHT? THANK GOODNESS KRISHNA GETS IT, LORI GETS IT. AND NOW HERE WE ARE TRYING TO SHOW YOU WHAT $140 MILLION HOTEL LOOKS LIKE. IT'S 144 ROOMS AND IT COSTS $140 MILLION. SO A MILLION DOLLARS A ROOM THAT DOESN'T PENCIL. SO SO IT'S A MIXED USE FACILITY. SO THE IDEA IS WE ADD THE TECHNOLOGY PART OF IT AND THE TECHNOLOGY IS A TRACKING DEVICE. SO BASICALLY YOU WHERE THE ATHLETES WEAR RINGS NOW THAT TRACK THEIR HEART RATE, THEY PUT SOMETHING BEHIND THEIR EAR. THEY WEAR IT ON THEIR WRIST. WHATEVER HAPPENS TO BE WE ADDED THAT INTO A HOTEL. SO THAT WEARABLE THEN ACTIVATES THE SPACE YOU'RE IN.

IT OPENS YOUR ROOM, YOU CAN LOAD IN YOUR ALLERGIES SO YOU WON'T EVEN SEE A MENU ITEM THAT DOESN'T. THAT HAS PEANUTS. IF YOU'RE ALLERGIC TO PEANUTS, RIGHT. SO WE USE A SYSTEM THAT'S, MORE DETAILED THAN GPS. WE CAN TELL WITHIN FIVE CENTIMETERS WHERE SOMEONE'S AT.

THIS IS IMPORTANT. IF YOU SEND YOUR CHILD, TO A HOTEL. AND WHAT ROOM AND WHAT FLOOR THEY'RE ON, OR WHO'S NEAR YOUR CHILD, THAT SORT OF THING, THIS MATTERS, RIGHT? IT MATTERS ALL THE WAY THROUGH. SAFE SPORT IS WHAT LOOKS AFTER OUR KIDS THESE DAYS WHEN THEY TRAVEL. AND AGAIN, THEY'RE STARTING TO TRAVEL AT 12 YEARS OLD WITHOUT PARENTS. THIS IS THIS IS NOW. THIS IS HAPPENING. SO A HOTEL CARBON TAKES THAT TECHNOLOGY. SHE PUTS THE WEARABLE ON, AND THEN THE ATHLETE CAN OPT IN. THEY CAN SAY, YEP, I'LL SHARE MY INFORMATION OR I'LL ONLY SHARE A PART OF IT, THAT SORT OF THING. AND THEN WE CAN THEN CURATE THE SPACES FOR THOSE ATHLETES. WE FIRST START WITH NINE FOOT BEDS, RIGHT? OUR BEDS ARE NINE FEET LONG, SHOWERS ARE TALLER, WE TAKE THE, WET ROOM OUT OF THE, SHOWER AREA. THE SINKS, THAT SORT OF THING. IF YOU LOOK AT THE WAY THE ROOM IS LAID OUT ON THE LEFT, IT'S FOR STUDENT ATHLETES. THERE'S TWO PLACES WHERE THEY CAN TWO DOUBLE OCCUPANCY, WHERE THEY CAN STUDY, AND THEN THE CLOSET IS LIKE A PROFESSIONAL, LOCKER RIGHT AT THE END OF THE HALLWAY, THERE'S A LOCKER ROOM, LIGHT PHYSIO, THAT SORT OF THING. AND THEN THE OTHER END OF THE HALLWAY IS WHAT WE CALL A SOCIAL SPACE. AND THAT KEEPS THOSE ATHLETES ON ONE FLOOR. RIGHT. SO IF IT'S THE YOUNGER ATHLETES THAT ARE JUST STARTING TO TRAVEL, RIGHT, THEY'RE NOT UP AND DOWN THE ELEVATORS. IF THEY'RE THE OLDER ATHLETES WHO ARE SEASONED, THEY HAVE A PLACE. IT'S THEIR SENSE OF PLACE. THEY DON'T HAVE TO LEAVE THEIR FLOOR. IT'S EITHER THEIR THEIR POSITION OR THEIR TEAM, THAT SORT OF THING THAT

[01:05:01]

THERE'S ONLY ONE RIGHT NOW THAT'S AVAILABLE TO THE PUBLIC. AND IT'S ONLY A SLIVER OF THE PUBLIC, IN COLORADO SPRINGS, YOU CAN TRAIN AT ANY ELEVATION YOU WANT. WELL, WITH US, YOU CAN DIAL IT IN, RIGHT? YOU CAN. YOU CAN TRAIN AT 6000FT, BUT THEN YOU SLEEP AT SEA LEVEL. THIS IS ATHLETES OF TOMORROW. THIS IS WHAT'S HAPPENING, RIGHT? ANYBODY WHO HAS A HIGH SCHOOL ATHLETE RIGHT NOW, YOU'RE PAYING $125 A MONTH HERE IN NORTH TEXAS FOR YOUR CHILD TO HAVE COMPRESSION AT THE END OF EACH AT THE END OF EACH, WORKOUT, AT THE END OF EACH COMPETITION, THEY GO THROUGH THAT WHOLE RECOVERY PROCESS, GETTING THEIR BLOOD FLOW. THEY THEY KNOW A LOT BETTER THAN WE DO HOW TO TAKE CARE OF BODIES. RIGHT IN THIS DAY AND AGE. LET ME SEE IF I CAN GO FORWARD SO THAT CARBON CULTURE I WAS TALKING TO YOU ABOUT THE BAND THEN GOES ALL THE WAY THROUGH, AND IT ALSO AFFECTS THE WAY RETAIL HAPPENS. RIGHT. AND WE'RE GOING TO TALK ABOUT RETAIL IN JUST A SECOND HERE ABOUT US ACTIVATING HALF OF ALL THE RETAIL IN THE FIRST PHASE, 104,000FT■!S. IN THE FIRST PHAS, MOST OF IT COMES IN THE HOTEL CARBON AND SURROUNDING AREA. AND IT'S RETAIL, IT'S RECREATION, IT'S EXPERIENTIAL MARKETING. IT'S EVERYTHING THAT YOU WOULD WANT TO DO TO ATTRACT SOMEONE TO THE AREA AND THEN LOOK AFTER THEM. THAT MIDDLE SECTION THERE, YOU SEE THE THREE, PICTURES ON THE RIGHT, THE ONE IN THE MIDDLE IS AN EXPERIENTIAL MARKETING PIECE. IT'S CALLED A DROP. SO LET'S SAY THERE'S A THERE'S A PICTURE HERE THAT IS OF A NIKE SWOOSH. RIGHT. SO YOU HOLD YOUR CAMERA UP. IF YOU'VE GOT THE APP, YOU HOLD YOUR CAMERA UP AND THERE'S A SHOE DROP THAT'S ONLY AVAILABLE HERE AND IT'S ONLY AVAILABLE NOW. SO IF YOU'RE IN THE SPACE YOU HOLD IT UP AND YOU'RE LIKE, OH, THERE'S A DROP HAPPENING. YOU PICK YOUR SIZE AND IT'S DELIVERED TO YOUR ROOM. THAT'S US. THAT'S THE FIRST PHASE OF WHAT'S HAPPENING HERE.

SO WHAT HAPPENS IS YOU CREATE THAT THAT I'M I'M IN IT, I'M GOING TO BUY IT. I'M GOING TO BE A PART OF IT. AND YOU START TO LOOK AFTER PEOPLE'S HEALTH AND, AND, AND THEIR FITNESS. SO THAT TOP LEVEL ON THIS IS THE HIGH ALTITUDE TRAINING CENTER. SO IF YOU LIVE IN THE AREA YOU CAN DIAL IN, I'M GOING TO COME AND I'M GOING TO RIDE MY BIKE AT, AT, YOU KNOW, FOR 20 MINUTES AT 10,000FT. OR CONVERSELY, I'M GOING TO I'M GOING TO TRAIN AT A LOWER ELEVATION FOR A LONGER PERIOD OF TIME, THAT SORT OF THING. YOU NOTICE THERE'S ONLY A TINY LITTLE FRONT DESK ON THE LEFT HAND SIDE. WE DO THAT ON PURPOSE. WE TAKE THE PEOPLE THAT NORMALLY WORK AT THE FRONT DESK AND GIVE THEM TO THE ATHLETES THERE ON THE FLOORS. SO THERE'S A SMALL THERE'S A SMALL DESK THERE IT IS ON THE LEFT HAND SIDE. THAT'S CARBON CULTURE. SO EACH FLOOR. SO WHEN YOU'RE THERE YOUR TEAM IS LOOKED AFTER. SO IF YOU WANT TO HAVE A YOU KNOW, IF YOU'RE TOP LEVEL AND YOU'RE 21 PLUS AND YOU WANT TO HAVE A CHAMPAGNE AT AFTER THE PRO COMPETITION, GREAT. IF YOU'RE ENTRY LEVEL AND YOU WANT TO HAVE T SHIRTS MADE, THAT'S THE PERSON THAT'LL DO IT FOR YOU. THEY'RE ON EVERY FLOOR AND IT'S NOT ADDED STAFF. IT'S NOT ANY OF THOSE THINGS. WE DISTRIBUTE THEM THROUGHOUT. YOU CAN SEE THE SOCIAL SPACE THERE. SO NOW IF YOU HAVE THAT WEARABLE AND YOU'VE OPTED IN, NOW WE SEE YOU RIGHT? AND WE KNOW YOU'RE A 19 YEAR OLD FEMALE VOLLEYBALL PLAYER D1 FROM INDIANA. SO BOOM YOU'RE ADVERTISING COMES UP. THAT'S YOU THAT YOU WANT TO SEE THAT YOU'VE CURATED AND IF THERE'S A DROP YOU GOT YOUR NEW SHOES, THAT SORT OF THING.

RIGHT. AND WE WANT YOU TO PRESENT ON YOUR SOCIALS. RIGHT. WE WANT YOU TO DO A BOX OPENING OF THE NEWEST SHOE, THE NEWEST THIS, THE NEWEST THAT. AND FRANKLY, THIS IS THE WAY WE CAN BUILD $140 MILLION HOTEL. IF IT'S JUST THE OCCUPANCY, THEN YOU'VE GOT A FINITE AMOUNT OF MONEY TO BE SPENT IF YOU CAN MARKET TO PEOPLE. SO SPECIFIC TO WHO THEY ARE IN THE HOTEL NOW, THERE'S AN ADVERTISING COMPONENT. THAT'S A BAD WAY TO PUT IT. BUT THAT'S WHAT IT IS.

AND ADVERTISING COMPONENT THAT COMPOUNDS THE NUMBER OF PEOPLE THAT ARE IN THE HOTEL. NOW, YOU KNOW WHY IT WAS SO IMPORTANT FOR SOMEONE LIKE KRISHNA WITH HIS BACKGROUND AND, AND LORI TO SAY, OKAY, YOU'VE GOT TO PUT YOU GUYS TOGETHER BECAUSE NO ONE ELSE IS GOING TO GET THIS AND IT TAKES A LONG TIME FOR PEOPLE TO GET IT RIGHT. SO THE GUEST ROOMS, DOUBLE OCCUPANCY ON THE LOWER FLOORS, SINGLE OCCUPANCY ON THE UPPER, SO YOU CAN'T CONVERT A HOTEL TO BE A HOTEL CARBON,

[01:10:01]

TRANSLATION MORE EXPENSIVE, MORE EXPENSIVE ROOM, MORE EXPENSIVE WET ROOM, THAT SORT OF THING.

RIGHT? THAT'S WHAT'S DELIVERED HERE. INTERIOR TRACK. WE HAVE AN INTERIOR AND EXTERIOR TRACK, THE IDEA IS THAT YOU'RE PROBABLY NOT IF YOU'RE TRAVELING, YOU'RE PROBABLY NOT GOING TO DO A HARD WORKOUT, BUT YOU'RE ALWAYS GOING TO WANT TO ROLL OUT. YOU'RE ALWAYS GOING TO WANT TO DO THAT.

THAT LIGHT PHYSIO TO GET YOUR HEART RATE UP OR GET THE LACTIC ACID DOWN. THIS IS THE IDEA IS INSIDE, OUTSIDE, YOU CAN TRAIN CONDENSING STAIRWAY. THESE ARE THESE ARE PEOPLE THAT ARE IN A TEAM AND THEY'RE TRAVELING RIGHT. SO THERE'S A CONGREGATION AREA EVEN THOUGH THEY CAN'T BE ON EACH OTHER'S FLOORS, WHICH IS RESTRICTED BY THE WEARABLE, BUT THEY CAN MEET AND GREET AND INTERACT, ON THE CONDENSING STAIRWAY, ALWAYS A MARKETING OPPORTUNITY FOR, ANYTIME VISUAL.

RIGHT. AND THIS SORT OF GIVES YOU THIS THE LAST, THE LAST SLIDE I HAVE THIS GIVES YOU A VISUAL OF THE QUALITY LEVEL HERE. THIS IS NOT A LOW END KIDS HOTEL, THAT SORT OF THING. YOU HAVE PLENTY OF THOSE IN IN THE AREA THAT ARE WHAT WE CALL SELECT SERVICE. THIS IS A FULL SERVICE, QUALITY HOTEL, NOT OVER THE TOP. THERE'S NOT FOUR SEASONS, BUT IT'S A QUALITY HOTEL THAT'S SMART FOR THE WELLNESS AND THE ATHLETE TRAVELER. AGAIN WE YOU GUYS WANT TO TALK ABOUT THE SPECIFIC AREAS . JUST ONE QUICK COMMENT I WANT TO MAKE ABOUT SEAN AND HIS INVESTORS. WHEN THEY CAME IN, THEY SAID, IT'S JUST NOT THE SIX ACRES OF HOTEL. THEY WANTED CONTROL ON THE ENTIRE PROPERTY, RIGHT. WHAT GOES NEXT TO IT? BECAUSE IT DRIVES THE EXPERIENCE AND EVERYTHING. RIGHT? SO THEY ARE HELPING US GET THE RIGHT RETAIL OR CURATED RETAIL LIKE THEY HAVE. HOTEL WAS BEHIND IT RIGHT AT THE SAME TIME. THE WHOLE 35 ACRES IS JUST GOING TO BE REALLY, REALLY THE AMBIANCE AND THE EXPERIENCE AND THE HIGH END. YOU'LL NOT SEE LIKE A STRIP MALL. IT'S NOT IN OUR BENEFIT TO PUT SOMETHING CHEAP IN THERE, BECAUSE WE HAVE A $150 MILLION HOTEL GOING IN THERE. SO I JUST WANTED TO REITERATE THAT THEY WERE ALL IN ON THE ENTIRE PROPERTY. THEY WANTED TO MAKE SURE IT'S THE RIGHT THING. THAT'S HAPPENING. VERY. YEAH, IT'S A GREAT POINT. HOTEL CARBON IS THE DESIGN DRIVER HERE, THERE ARE LESS EXPENSIVE HOTELS TO BUILD, AND MAYBE THE PROJECT WOULD BE DIFFERENT IF THAT WAS THE CASE, BUT THAT'S. I THINK THE REASON SEAN CALLED US IS I NEED SOMETHING REALLY DIFFERENT HERE THAT SUPPORTS THE HOTEL CARBON ETHOS, SEAN MENTIONED SOMETHING ABOUT, STUFF THAT YOU CAN ONLY GET HERE. WE DID THAT, AT&T HAD HORDES OF MARKETING AND BRANDING PEOPLE THAT WE WORKED WITH AT THE DISCOVERY DISTRICT AND IN THEIR EXPERIENCE STORE DOWNTOWN, JUST LIKE THE NIKE STORE IN NEW YORK, YOU CAN ONLY GET THINGS THAT ARE UNIQUELY AT&T AT THAT EXPERIENCE STORE. AND I THINK THAT'S WHAT SEAN IS TALKING ABOUT FOR PART OF THE RETAIL HERE, THAT IT'S UNIQUELY PROSPER ARTS DISTRICT. YOU HAVE TO GO THERE TO GET IT, THAT'S AND THAT'S PART OF THE WHOLE BRAND, THE TARGET MARKETING HE'S TALKING ABOUT. LOOK, I'M I'M NOT. I DON'T UNDERSTAND A LOT OF THE TECHNOLOGY THAT'S IN THIS STUFF. SOME OF YOU GUYS MAY BE TECH GUYS, BUT TARGET MARKETING IS. IT'S EVERYTHING NOW. SO WE'RE TRYING TO DESIGN THESE SPACES TO FACILITATE THAT. SO, BACK TO THE TOP HERE. WE WANT TO KIND OF GET THROUGH THIS SO WE CAN TALK MORE, ARRANGEMENT OF MULTIFAMILY BUILDINGS. WE HEARD YOU, THAT MIDDLE CORE THERE, IS THE WRAP. KIND OF STACKED VERTICAL, MIXED USE IN THE CORE OF THE PROJECT. AND THEN THIS NORTHWESTERN PRO, MULTIFAMILY HAS GONE BACK AS WELL TO A WRAP SYSTEM WITH STRUCTURED, PARKING. OF COURSE, WE'RE GOING TO NEED A FIRE LANE. WE'VE ALREADY VISITED WITH YOUR STAFF ABOUT THAT. YOU WILL NEED A FIRE LANE AROUND THIS BUILDING. SO THAT'S WHAT YOU'RE SEEING HERE. IT WILL HAVE SOME PARALLEL ON STREET PARKING, THAT'S CALLED ANCILLARY. AND WE AGAIN VISITED WITH STAFF ON ON THAT, IN THE MIXED USE ZONE. I MENTIONED THIS PARTICULAR PIECE HERE THAT WILL BE PARKED IN THIS MULTI-PURPOSE GARAGE. THERE'S A LOT OF SCIENCE HERE IN THE SHARING, YOU KNOW, PLANNING GOING FORWARD IS ALL ABOUT PARKING SHARING AS SOME CITIES ARE LITERALLY ABANDONING PARKING REQUIREMENTS AND KIND OF TURNING IT BACK TO THE DEVELOPERS. LOOK, JUST BUILD WHAT YOU NEED. WE'RE NOT GOING TO GET IN THE BUSINESS OF THIS. CITIES LIKE AUSTIN AND FORT WORTH HAVE JUST LITERALLY ZEROED OUT THEIR PARKING REQUIREMENTS IN THEIR DOWNTOWN AREAS. WE KNOW THAT WON'T WORK HERE, BUT SEAN, I DON'T THINK HE MENTIONED THIS, BUT A LOT OF THE PEOPLE COMING TO HOTEL CARBON, THEY'RE GOING TO BE COMING ON BUSSES. WE STILL BUILT ENOUGH PARKING PLACES FOR EVERYONE, BUT A LOT OF THE PATRONS AT HOTEL CARBON WILL COME IN ON BUSSES,

[01:15:01]

IT'S A GREAT WAY TO ACTIVATE A RETAIL SPACE ON SATURDAY MORNINGS. THEY TEND TO BE TEMPORARY. THEY KIND OF SET UP IN THE MORNING AND THEY'RE GONE BY NOON. BUT IF WE COULD HAVE A FARMERS MARKET TYPE THING, WE THINK THAT'S VERY APPROPRIATE FOR THE BRAND OF PROSPER. AND WHAT WHAT WAS BUILT INTO SOME OF THE ORIGINAL IMAGES WE SHOWED YOU. PET DAYCARE. I'M NOT GOING TO COMMENT ON THAT. I DON'T KNOW THAT WE'VE GOT A BUSINESS PLAN FOR THAT. ANYWAY, BUT ANYWAY, THE, THE FARMERS MARKET AND, THE LIQUOR LICENSE THAT WAS MENTIONED, THE ALCOHOL WILL BE MANAGED SO CAREFULLY. THERE'S NOTHING MORE REGULATED IN TEXAS. MIXED USE PROJECTS THAN THAN ALCOHOL SALES. THAT SAID, IT'S ALSO ALONG WITH PARKING, KIND OF THE LIFEBLOOD OF THESE PROJECTS.

AND THAT WILL BE A SEPARATE CHANNEL THAT WE NEED TO WORK IN WITH THIS APPLICANT. CURATING THE RIGHT LIQUOR LICENSE. THESE ARE SOME OF THE IMAGES THAT YOU SAW A COUPLE OF WEEKS AGO. THERE WAS A QUESTION ABOUT HOW DO WE KNOW WE'RE GOING TO GET THAT? WE WANT TO BUILD THIS, BUT WE'VE ALSO CURATED HERE AT NUMBER EIGHT SOME LANGUAGE THAT ASSURES YOU, PLAY OFF THE HISTORICAL FEATURES THROUGHOUT THE TOWN OF PROSPER. AND THEN AS, DEVELOPMENT FEELS CONNECTED TO THE TOWN AS A WHOLE, MODERN ELEMENTS AND ARTISTIC SUPPRESSION, JUST LIKE HOTEL CARBON, HOTEL CARBON IS A BIT OF A MODERN INTERPRETATION, BUT IT'S PRAGMATIC, UTILITARIAN MATERIALS AND THAT'S THE KEY FOR HOW WE ACCOMPLISH THAT. WE WANT TO SEE A COHESIVE VISION THROUGHOUT THE ENTIRE PROJECT. SO I'M GOING TO STOP RIGHT THERE AND PARK ON THIS PLAN, BECAUSE I KNOW YOU MIGHT HAVE SOME QUESTIONS AND END OUR VERBAL PRESENTATION RIGHT THERE. SO REALLY APPRECIATE THAT REVIEW. SO THAT THAT'S KIND OF THE END OF YOUR PRESENTATION THIS EVENING. WE GOT OTHER GRAPHICS IF QUESTIONS QUESTIONS COME UP OKAY. AS FAR AS YOU KNOW FINANCIAL METRICS AND HOTEL POPULATION METRICS, YOU KNOW, KIND OF THE SCIENCE BEHIND SOME OF THIS. YEAH. BUT WE'LL STOP RIGHT THERE FOR ANY QUESTIONS. NO, I APPRECIATE THAT. SO BACK TO THE COMMISSION. I THINK AS WE LOOK, I KNOW THERE'S GOING TO BE A LOT OF QUESTIONS COMING FROM A LOT OF DIFFERENT PEOPLE THIS EVENING. AND I DON'T KNOW IF IT MAKES SENSE AS WE KIND OF GO THROUGH IF, YOU KNOW, COMMISSIONER HARRIS, YOU HAVE A BUNCH OF QUESTIONS, WE SAY, HEY, IT'S YOUR TURN. YOU GO THROUGH YOUR LIST OF QUESTIONS. IF WE WANT TO DO THAT. I DON'T KNOW HOW MANY QUESTIONS EVERYONE HAS, BUT IT MIGHT MAKE IT GO A LITTLE QUICKER THAN US JUMPING AROUND AND ASKING THE APPLICANT OR THE STAFF. SO ON THIS CASE, ONE THING, BEFORE WE GET INTO QUESTIONS AND THIS IS FOR STAFF, I GUESS JUST KIND OF REITERATE THAT, STAFF IS RECOMMENDING APPROVAL OF THIS CASE THIS EVENING AND, AND KIND OF DO THE JUSTIFICATION OF THAT APPROVAL.

[01:20:04]

THE APPLICANT INDICATED 500 IN THE MEETING, THOUGH IT WAS NOT IN THE, STANDARDS. IT INDICATED 500 IN THE MEETING. BUT WHAT WAS THE. IT COULD GO HIGHER THAN THAT, RIGHT? YEAH. THE CALCULATION THAT I HAD WAS LIKE 800. BUT THEY AT THAT MEETING HAD CONFIRMED THAT 500 WOULD BE THE CAP, WHICH I, I GUESS I WAS A LITTLE CONFUSED ON THE COMMENT ABOUT 515 WAS A LITTLE BIT LOW WHEN I THOUGHT IN THE MEETING WE WERE UNDER FIVE. WE WERE AT 500 AT THAT MEETING. KIND OF WHAT I WAS THINKING IN RELATION TO THE MARKET AND THE MARKET. SO MAYBE IF THERE'S A SLIDE THERE, I JUST WANT TO SEE WHERE WE STARTED AND WHERE WE'RE AT. LIKE KIND OF THE YEAH, THERE WE GO. THAT'S WHAT I WANTED RIGHT THERE. PERFECT OKAY. SO THESE WERE THE MAIN POINTS OF ALTERATIONS. SO ADDED A MAXIMUM NUMBER OF RESIDENTIAL UNITS FOR THE OVERALL DEVELOPMENT BEING 515. ADDED LOT COVERAGE OF 45% TO THE MULTIFAMILY ZONE THAT IS ALREADY A STANDARD FOR JUST GENERAL MULTIFAMILY DISTRICT. BUT WE WANTED TO CLARIFY IT IN THE IN THE STANDARD, THE MINIMUM DWELLING AREA, WAS EDITED IN ORDER TO REMOVE EFFICIENCY UNITS AND THEN INCREASE THE MINIMUM UNIT SIZE TO 850, YOU CAN HAVE ONE AND TWO BEDROOMS AND THEN A MAX 10% OF ANY THREE BEDROOMS. WE THE STANDARDS WERE MODIFIED, IN ORDER TO ENSURE THAT THE MULTIFAMILY WAS A WRAPPED AND ON THEIR CURRENT PLAN AND IN THE STANDARDS IT SAYS, YOU KNOW, 75% SHALL BE WRAPPED, AND ANY, EXPOSED GARAGE WILL HAVE TO BE HAVE A CLADDING AND KIND OF LOOK LIKE A BUILDING AND, AND DISGUISE THAT DOESN'T LOOK LIKE A GARAGE, REMOVED SPECIFIC EXAMPLES FOR THE MULTIFAMILY AMENITIES, THAT WAS JUST IN AN EFFORT TO THE APPLICANT HAD INDICATED THAT THERE WOULD BE UPSCALED AMENITIES AND THEN THEY JUST TO HAVE THE FLEXIBILITY OF PROPOSING THOSE THEY WILL BE REVIEWED BY THE DIRECTOR WHENEVER THE APPLICATION COMES IN, SO, SO ANOTHER ITEM THAT WAS IDENTIFIED AND MODIFIED WAS UPDATED OFF STREET PARKING TO ACCOUNT FOR THE REMOVAL OF EFFICIENCY UNITS. SO RATIOS WE DIDN'T GET INTO RATIOS INITIALLY WITH THE STANDARDS, BUT WE JUST ENSURED THAT, THAT THE EFFICIENCY UNITS WERE REMOVED UPDATED PERMITTED USES. AND WE'VE KIND OF TALKED ABOUT THAT WHERE I HAVE A LIST HERE AND IN YOUR PACKET OF WHAT WAS REMOVED AND WHAT WAS ADDED BOTH TO PERMITTED USES AND THE SCP. WE ADDED A SECTION ABOUT LINKING THE ARCHITECTURAL ELEMENTS IN THE MIX WITHIN THE MIXED USE ZONED HISTORICAL FEATURES THROUGHOUT THE TOWN. PROSPER, AS THE APPLICANT JUST INDICATED, ADDED TO THE PLANTING STANDARDS, REQUIREMENTS FOR USABLE OPEN SPACE AND TRAILS AND THEN ADDED A SECOND SENTENCE IN THE DETENTION RETENTION SECTION THAT ADDRESSED THE MAN MADE WATER FEATURE. AND THAT WOULD BE SIZED TO ACCOMMODATE PROPOSED DEVELOPMENT ON BOTH SIDES, AS SHOWN ON THE CONCEPTUAL PLAN AND THEN UPDATED PHASING PLAN AND YOU KNOW, THERE WERE THERE WERE OTHER TEXT, LITTLE SMALLER TEXT AMENDMENTS. YOU HAVE A RED LINE OF THE MODIFICATIONS. THE INTENT REALLY WAS TO ENSURE THAT THE TEXT DESCRIBED THE PICTURES BECAUSE THAT HAD BEEN SOMETHING THAT HAD BEEN REQUESTED TO MAKE SURE. THE IMAGES ARE IN THE ARE YOU TALKING ABOUT THE FACADES? THEY ARE PART OF THE WINDOWS.

[01:25:11]

THERE'S PART OF IT THAT'S IN THE MIDDLE OF THE DEVELOPMENT. SO YOU HAVE SO IS THAT NINE STORIES OR IS THAT 14 STORIES? IF YOU WANT TO PULL UP THE MAP, YOU'LL BE ABLE TO SEE WHAT I'M REFERRING TO. I'LL JUST SAY THE INTENT WAS TO ENSURE THAT THAT WE HAVE SOME RESIDENTIAL ZONING ON THE, THE WEST SIDE OF SHAWNEE TRAIL. SO THE INTENT WAS TO ENSURE THAT, YOU KNOW, THAT I THINK INITIALLY THE MAX HEIGHT WAS JUST GOING TO BE 14 STORIES THROUGHOUT THE WHOLE DEVELOPMENT, AND WE WANTED TO ENSURE THAT THAT WHAT WAS ALONG SHAWNEE TRAIL WAS A LITTLE BIT LESS TO JUST, TO OFFSET BASED ON WHAT THE USES WERE ON THE WEST, WHICH WE DEFINITELY NEED TO DO, IS THAT MIDDLE STRUCTURE SECTION WITH THAT LIMIT BE NINE STORIES, OR WOULD THAT BE 14? I THINK THAT COULD FALL ANYWHERE BETWEEN NINE AND 14. SO IT'S FAR ENOUGH AWAY THAT IT'S NOT A LINE OF SIGHT, ISSUE FOR THE HOUSING THAT WOULD BE WEST OF SHAWNEE TRAIL. I GUESS AS FAR AS HEIGHT THERE IS NO DEFINED STANDARD THAT SAYS, OKAY, IF YOU GET 100FT OFF OF SHAWNEE TRAIL, YOU CAN HAVE TEN STORIES, BUT THEN ANOTHER 100FT IS 12 STORIES. AND SO IT'S JUST A RANGE OF 9 TO 14, SO I BELIEVE THAT THE CENTER IS WOULD ALLOW FOR THAT ADDITIONAL HEIGHT. OKAY ALL RIGHT, AND THEN I THINK WE ALREADY ADDRESSED THE, THE 515 CAP ON THE MULTIFAMILY PART, WHICH, IS, IS FINE, ON THE MIXED USE ZONE, THE ITEMS THAT WERE PERMITTED WITHIN THE, THE LIST OF, PERMITTED.

YES. THE WHEN YOU HAVE THAT BIG LONG LIST OR THE WHOLE LIST, THE WHOLE LIST. OKAY, THERE'S A COUPLE OF, THAT I GUESS I WOULD EITHER WANT TO MOVE TO SUP, OR MAYBE REMOVE JUST BECAUSE I DON'T SEE THEM FITTING IN WITH THIS CALIBER OF PROJECT THAT WE'RE DOING, LIKE, I DON'T I DON'T PHYSICALLY SEE SOME OF THESE HAPPENING, BASED ON THE CALIBER OF THIS PROJECT COMING IN. AND THERE WAS THREE OF THEM I HAD IN GENERAL, WHICH ONE WAS COMMERCIAL COMMERCIAL AMUSEMENT INDOOR, I GUESS I WOULD LIKE TO MOVE THAT TO AN SUP. POSSIBLY. YOU'RE TALKING BEHIND ME. I I RECALL, THAT THE INTENT WAS POTENTIALLY FOR THE, THE LOWER RIGHT CORNER. SO EAST CORNER OF THE PROJECT TO HAVE MAYBE AN INDOOR SKI ELEMENT. YES. AND I TOTALLY SUPPORT THAT. I THINK THAT'S A GREAT IDEA AND I WANT TO SEE THAT HAPPEN. BUT I GUESS LEAVING IT WHERE IT IS, IT, IT IT DOESN'T MEAN THAT THAT'S WHAT COULD GO THERE. AND SO I'M ONLY WANTING TO MOVE IT TO AN SUP, TO

[01:30:04]

[01:35:08]

AND THAT CHANGES OUR DISCUSSION WITH LEASING SHOPS BECAUSE THEY SEE THEM NORTH TEXAS IS A IS A SHOW ME TYPE LEASING ENVIRONMENT . BUT THEY HAVE TO SEE THAT YOU'RE BUILDING IT. SO WORK WITH US ON THAT, WE DIDN'T TALK. I DON'T THINK AS MUCH ABOUT THE RETAIL AND FOOD AND BEVERAGE THAT'S IN THE HOTEL CARBON PODIUM, ALONG WITH THAT MEETING FACILITY, THAT'S ON THE NORTH PODIUM UNDER THE, THE X02 TOWER AND THEN UNDER THE PODIUM OF THE HOTEL, THERE'S QUITE A BIT OF RETAIL, DINING AND FOOD AND BEVERAGE TYPE, YOU KNOW, BARS AND THINGS LIKE THAT IN THAT PODIUM. NOW IS THAT THE FINAL BUILD OUT OF RETAIL? NO. ABSOLUTELY NOT. THE REAL MONEY IN THIS IS TO BE MADE FOR KRISHNA AND HIS TEAM. ON THE ULTIMATE DEVELOPMENT DOWN IN PHASES TWO AND THREE. SO THAT'S WHAT WE'VE SPENT A LOT OF TIME WITH DEVELOPERS AND LEASING PEOPLE, TAKING THEIR COUNCIL, NOT NOT NOT THE LEAST OF WHICH IS WE GOT TO HAVE SOME TIME TO

[01:40:06]

RIGHT. THEY SAID NO, YOU. WE ARE NOT LEASING A STRIP. I DON'T WANT A SUBWAY OR SOMETHING THERE. RIGHT. I WANT THIS CURATED. HE SAID, NO, YOU GOT TO. YOU GOT TO HAVE HOTEL CARBON OR YOU GOT TO HOTEL HAVE HOTEL WAS UP AND RUNNING BEFORE I CAN GET YOU THOSE NICE ONES. RIGHT SO THAT'S THE CHALLENGE WE HAD, RIGHT? OTHERWISE WE COULD WE COULD BUILD A STRIP MALL OUT THERE. IT WILL LEASE OUT TONIGHT, THAT'S THE DEMAND WE HAVE. BUT TO. I JUST WANT TO PLEAD ON THAT. RIGHT. WE ARE NOT GETTING WE'LL NOT GET THE RIGHT TENANTS, BUT ONCE THEY SEE IT, LIKE, JUST IMAGINE YOU'RE STANDING ON THE RETAIL SIDE AND YOU SEE THE HOTEL WARS WITH ALL THE ARTISTRY, THE FOUNTAINS, THE THINGS AND THE MIXED USE AND A MOVIE THEATER, WHATEVER THOSE ARE. IT JUST REALLY BRINGS IN LIKE A HIGHLY CURATED, LIKE MUCH MORE EXPERIENTIAL RETAIL. AND THAT'S THAT'S WHAT WE'VE BEEN HEARING. SO JUST SORRY TO WRAP IT UP. 34 YEARS AS WELL. WHAT IS , HOW THIS STUFF WORKS? JUST A COUPLE OF THINGS, I'M, I'M A DATA GUY. RIGHT. SO I WANT YOU TO LOOK AT AT NUMBERS AND 2020. RIGHT. FOR OBVIOUS REASONS, PET OWNERSHIP WENT UP 900% IN THE UNITED STATES. PETCO WILL. YOU CAN RESEARCH THAT THERE'S TWO NEW AIRLINES THAT FLY DOGS.

CANINE FLIGHTS FLIES OUT OF NEW YORK IN SAN FRANCISCO. SO ADDING OTHER CITIES THEY FLY AROUND THE WORLD FLYING DOGS IN A FIRST CLASS ENVIRONMENT. WE'VE MOVED FROM, PET FRIENDLY TO PET FORWARD IN THE HOTEL BUSINESS RIGHT. AS A HOTEL GUY, IT'S THE NUMBER ONE SEARCHED ITEM, PET FRIENDLY. SO WE HAVE A WE HAVE A CONCEPT THAT'LL GO DOWN THE STREET. THAT'S THAT'S CALLED LAVENDER LAND. THAT IS SPECIFIC TO DOGS. SO I WOULD ENCOURAGE YOU KNOW, PUT IT SO THAT WE COME AND REVISIT IT LATER. I'M OKAY WITH THAT. BUT THE DOG PART OF THIS THING IS, IS PEOPLE ARE OBSESSED WITH THEIR DOGS AND IT'S AN INCREDIBLE AMOUNT OF MONEY AND THEY BRING THEM WITH EVERYWHERE. I SAY THAT TO MY WIFE EVERYWHERE, RIGHT, FRENCHIE? SO THE, THE, THE NOTION THAT WE HAVE TO COME BACK, I'M GOOD WITH THAT. BUT BUT LET'S NOT ELIMINATE THE DOG STUFF, RIGHT. THERE'S ANOTHER ONE THAT YOU SHOULD PROBABLY LOOK UP IS, GABRIEL, F I E T O S HE WILL, HE'S A GUY THAT WE'RE GOING AFTER, AND IT'S A IT'S A DOG SALON, AND HE'LL. FOR $900.

THAT'S RIGHT, $900. HE TURNS YOUR DOG, PAINTS IT LIKE A GIRAFFE, ALL THAT KIND OF STUFF.

SO THAT'S THE KIND OF THING I HATE TO SEE. SOMETIMES YOU LEAVE THEM OVERNIGHT. RIGHT? SO I WOULD HATE TO SAY, LIKE, TAKE IT OUT. LIKE, LET'S TALK ABOUT IT WHEN IT WHEN IT'S TIME AND I'M OKAY. AS TO MY POINT, I'M OKAY WITH MOVING THOSE THREE TO AN SCP WHERE WE'RE ABLE TO HAVE ANOTHER VIEWPOINT OF IT TO MAKE SURE IT IS THE RIGHT FIT FOR THE PROJECT. SO THAT'S THAT'S FAIR, THAT'S REALLY WHAT I'M GETTING AT VERSUS JUST LETTING IT BY. RIGHT. THANK YOU. LET ME JUST ADD ONE THING ON THAT, COMMISSIONER HAMILTON. AND I KNOW YOU'VE BEEN IN THE TRENCHES. I CAN TELL FOR A LONG TIME DOING THIS. SO SO THE PROBLEM, THE ONLY HICCUP OR RELUCTANCE WE HAVE ON MOVING CERTAIN OF THESE, LIKE THE INDOOR ENTERTAINMENT TO SUV IS THAT'S EFFECTIVELY ANOTHER ZONING PROCESS FOR US. AND THAT TENANT. AND THEY TEND TO GO WHERE THE PATH OF LEAST RESISTANCE IS. WE CAN DO IT IF THAT'S WHAT YOU WANT. BUT I JUST I WANT TO TALK ABOUT THAT AS A COMMUNITY THAT IT IS A HINDRANCE TO SOME TENANTS. I HEAR WHAT YOU'RE SAYING. I, I THINK IT'S IMPORTANT TO HAVE THE RIGHT INDOOR, AMUSEMENT, SO I DO FEEL LIKE IT'S IMPORTANT FOR US TO BE ABLE TO LOOK AT THAT. THAT'S JUST MY PERSONAL OPINION. I COULD BE I COULD BE WRONG. I'M JUST SAYING I LOVE WHAT YOU'RE DOING, AND I LOVE WHAT YOUR INTENT IS, BUT ON THAT, I FEEL LIKE, WE SHOULD HAVE MAKE SURE THAT THAT'S REALLY WHAT COMES THROUGH. OKAY. SO. OKAY. ALL RIGHT. I THINK THAT'S IT. ALL GOOD. AND THEN WE'LL OPEN IT UP.

WE CAN GO. CONSECUTIVE ORDER. COMMISSIONER HARRIS, IF YOU WANT TO GO NEXT OR WHOEVER WANTS TO.

[01:45:01]

IT JUST ENSURES THAT IF SOMETHING WERE TO HAPPEN, MAYBE YOU SELL AND SOMEONE ELSE COMES IN, NO ONE ELSE COULD COME IN AND JUST TOTALLY GO OFF SCRIPT, THAT'S ALL. THE ONLY OTHER ISSUE THAT I HAD WAS IN THE PHASING, AND I DID HEAR YOUR RESPONSE. I STILL DO HAVE THE, THE ONE IT WHAT THE PHASING AS YOU DESCRIBED IS NOT IN THE DATA. WE HAVE WHAT WE HAVE HERE BASICALLY SAYS THAT THE MULTIFAMILY ZONE TRAIL SYSTEM, THE HOTEL THIS IS ON PAGE 82. THAT SORT OF BREAKS DOWN THE PHASING, IT TALKS ABOUT THE HOTEL, THE GARAGE, AND THE MEDICAL OFFICE TOWER. THAT'S ALL THAT'S HAPPENING IN PHASE ONE. ALL OF THE OTHER THINGS THAT YOU ALL MENTIONED, INFRASTRUCTURE, FUTURE, PORTIONS OF THE RETAIL, THOSE THINGS DON'T HAPPEN AT ALL BASED ON THIS. THAT WOULD NEED TO BE UPDATED TO, OKAY. I NEED I WOULD ALSO WHEN YOU SAY INFRASTRUCTURE, ARE YOU ONLY TALKING ABOUT THE, RIVER BECAUSE YOU SAY INFRASTRUCTURE FOR RETAIL. BUT I'M CURIOUS AS TO WHAT. RIGHT. WHAT DO YOU MEAN WHEN YOU SAY YOU'RE MAINLY TALKING ABOUT YOUR MAJOR UTILITIES, BRINGING THEM TO THE PERIMETER OF THE SITE, GETTING THAT SET, GETTING ROUGH, GRADING SET, IT'S GOING TO TAKE SOME TIME AS YOU DISCUSS TONIGHT JUST TO GET THE APPROVALS FOR THE FLOODWAY. OR I SHOULDN'T CALL IT FLOODWAY BECAUSE I DON'T THINK IT IS A FLOODWAY, BUT GET THAT CREEK SCULPTED AND WE'RE PROBABLY GOING TO HAVE SOME WALLS THAT NEED TO BE BUILT BEFORE IT'S FILLED. SO GET THAT BUILT. BUT WE'VE ALSO GOT SOME ROUGH GRADING THAT'S GOING TO BE A PRODUCT OF THAT. WE'RE GOING TO PROBABLY DISTRIBUTE SOME DIRT TO THE SITE THAT'S GOING TO NEED TO BE MOVED AROUND. BUT THEN ALSO THE MAJOR UTILITIES, STORM SEWER, THINGS LIKE THAT, THAT NEED TO BE LAID INTO THE SITE. MIKE, DO YOU HAVE ANY OTHER THINGS YOU WANT TO ADD? SO ONE, ONE QUESTION TO ANSWER YOUR THING. WE WANT TO MAKE IT AS PAD READY AS POSSIBLE GIVEN THE CIRCUMSTANCES OF WHAT WE WORK WITH ENGINEERING TOMORROW. IF WE HAVE, SAY, THE CORNER, WE WANT TO BRING A LEGOLAND. YEAH, WE CAN GET IT READY. RIGHT? THAT'S LIKE AN ATTRACTION. THAT'S THE TARGET WE'RE GOING TOWARDS. WE WILL TRY TO MAKE IT AS BAD AS POSSIBLE. ITS ENTIRE INFRASTRUCTURE WITH THE UTILITIES, WITH THE GRADING. WE DON'T WANT TO. YEAH. WE DON'T WANT TO SHOVEL READY. SORRY. THEY CAN CONSTRUCT IF SOMEBODY WANTS IF SOMEBODY COMES TO YOUR TOWN AND SAYS, HEY, I WANT A RESTAURANT HERE, WE HAVE THE SITE READY FOR THEM TO OPEN IN SIX MONTHS. SO THAT'S HOW WE'LL BE READY. IF THERE'S A TENANT, THAT'S THE INTENT. OKAY THE, SO.

YEAH. SO IT SOUNDS LIKE IT'S JUST PRIMARILY, TO SUPPORT THE, I DON'T I FORGOT THE TERM THAT WE'RE USING FOR IT, BUTUT JUST E WATERWAY WAS JUST PRIMARILY TO SUPPORT THAT. AND IN AND AROUND THE WATERWAY. YES, EXACTLY. SO MIKE MARTINI WITH SPIRES ENGINEERING, 765 CUSTER ROAD, PLANO. SO, YES, I THINK THE TERM INFRASTRUCTURE IS VERY BROAD. RIGHT. SO I THINK WE'RE TRYING TO GET SOME CLARITY THERE. SO TYPICALLY ON THESE PHASE TYPE DEVELOPMENTS, WE'RE DOING, YOU KNOW, YOU HAVE TO DO A LOT UP FRONT TO TEE UP THE FUTURE PHASES. RIGHT. SO I THINK KRISHNA'S POINT IT'S, YOU KNOW, MAKING SURE EVERYTHING'S TWO AND THROUGH THE FUTURE PHASES TO WHERE THEY CAN GET RELEASED LATER WITHOUT HAVING TO TEAR UP ALL OF PHASE ONE. THAT MAKES SENSE. SO THE, YOU KNOW, THE FLOODPLAIN, OBVIOUSLY TO BARRY'S POINT, YOU KNOW, THERE'S GOING TO BE A LOT OF ACTIVITY IN THERE. THERE'S GOING TO BE A LOT OF GRADING FOR THE ENTIRE AREA.

SO IT'S A LOT OF THAT TEEING UP FOR FUTURE PHASES. SO CURRENTLY OUTSIDE OF INFRASTRUCTURE, THERE WILL BE NO RETAIL ADDED TO. AND I DO SEE HOTEL WITH RETAIL AMENITIES, BUT I'M NOT REALLY INCLUDING THAT IN THE PHASE ONE. THERE WILL BE NO RETAIL INCLUDED IN PHASE ONE. IN THESE CHANGES, THE ONLY THING THAT YOU'RE DOING IS INFRASTRUCTURE. AS YOU'VE EXPLAINED IT, THAT'S BEING ADDED TO PHASE ONE VILLAGE RETAIL, COMMISSIONER HARRIS, IS PHASE TWO. JUST WHEN WE CAN GET TO IT IN PHASE TWO AND THREE. BUT THERE IS HOW MANY SQUARE FEET DID YOU SAY IN HOTEL PARTY? DO YOU WANT TO JUMP IN JUST FOR A SECOND FOR SQUARE 104,500FT■!S N PHASE ONE OF RETAIL, RECREATIONAL, A RESTAURANTS, THAT WHOLE THING. AND I KNOW WE DON'T TALK ABOUT IT MUCH, BUT I'M SPENDING $10 MILLION IN PHASE ONE FOR RETAIL, FOR INFRASTRUCTURE, FOR RETAIL. SO

[01:50:04]

THERE'S A PLAYING FIELD HERE, AND THERE'S A CONFERENCE CENTER HERE IN THE MIDDLE CONNECTING HERE, WHICH IS SIMILAR TO THE START, BUT THERE'S A LOT OF RETAIL IN THESE GROUND FLOORS AS WELL. RIGHT? SO IT'S JUST NOT PEOPLE. IT'S NOT ONLY INSIDE WHAT THE LANGUAGE IS, BUT IT'S THE ENTIRE COMPLEX WITH THE WITH THE WITH THE PODIUM KIND OF THING. SO OKAY, ALL RIGHT.

THAT'S IT FOR IN TERMS OF QUESTIONS, I HAVE SOME COMMENTS LATER. BUT HEY, THANKS TO MR. HARRIS, I APPRECIATE THAT. COMMISSIONER CLARKSON. I'LL JUMP IN, A I WOULD SAY FOR SURE YOU GUYS HAVE DONE A PHENOMENAL JOB LISTENING, REACTING, I THINK BEING VERY, FAIR AND BALANCED WITH WHAT, WHERE YOU'VE BEEN ABLE TO GIVE YOU HAVE TO PROTECT THE INTEGRITY OF YOUR, YOUR DEVELOPMENT. BUT I THINK YOU'RE TRYING TO DO IT WITHIN THE SPIRIT OF WHAT WE LIKE HERE AND PROSPER. AND SO I THINK IT'S IMPORTANT TO NOTE, APPRECIATE THAT. I THINK ALL OF US WILL ECHO THAT, AND THAT HELPS US GET TO A YES A LOT QUICKER. RIGHT. SO LET'S BE HONEST, SO, SO BIG, BIG WINS. I THINK THE WRAP IS A SIGNIFICANTLY BETTER SOLUTION. I KNOW IT'S MORE COST PROHIBITIVE, BUT I THINK THAT'S A GOOD THING, I THINK THE, THE MINIMUM ON GRADE PARKING IS A VERY POSITIVE. I PERSONALLY LOVE THE PHASE FOR OFFICE. I DON'T THINK WE'RE THERE READY FOR A TEN STORY OFFICE IN PROSPER YET, BUT YOU DON'T WANT TO NOT HAVE THAT WHEN YOU WANT IT. AND YOU CAN GO DRIVE THROUGH FRISCO AND SEE SOME EXAMPLES OR PLANO AND SEE SOME EXAMPLES OF THAT, SO I LIKE THAT. THAT'S PHASE FOUR. THAT DOESN'T BOTHER ME. I THINK THAT'LL BE A GOOD THING AT THE RIGHT TIME, WHICH IS A GOOD WHICH IS POSITIVE, YOU KNOW, ONE THING I THINK THAT THE THAT MOST OF THE COMMISSIONERS, EVERYONE'S HUNG UP ON THE PHASING, BUT I THINK, MAYBE, MAYBE IF YOU COULD SPEAK TO, WOULD THERE BE ANY CONCESSION OR THOUGHT TO POSSIBLY PUTTING TWO AND THREE TOGETHER INTO ONE PHASE WHERE WE COULD? I UNDERSTAND THE INTENT OF PHASE ONE. IT MAKES SENSE HOW YOU JUST DESCRIBE IT. BUT, OR AT LEAST TALK TO WHY ARE THOSE BROKEN APART? BECAUSE IT FEELS LIKE PHASE THREE NATURALLY GOES BEFORE PHASE TWO AND THE FLOW. BUT TALK THROUGH THE PHASES IN JUST A SECOND, BARRY. IF YOU DON'T, IF YOU DON'T MIND, AND MAYBE CONSIDER IF THOSE WOULD A COUPLE COMMENTS ON THE WATER JUST TO WELL, YOU WANT TO GO AHEAD AND TALK THROUGH THAT. DO YOU WANT TO GO AHEAD AND TALK THROUGH THE PHASING REAL QUICK. AND THEN I'LL COME BACK. LET ME LET ME ADDRESS ONE THING. YOU DID SAY BECAUSE WE'VE NOT TALKED ENOUGH ABOUT IT. AND I APOLOGIZE FOR THAT. ACTUALLY, IN PHASE THREE, THE BOTTOM LEFT CORNER OF THE NEIGHBORHOOD VILLAGE, THERE IS BOUTIQUE OFFICE ON FLOORS TWO AND THREE. ABOVE THIS, THIS BUILDING RIGHT HERE, IF YOU DRIVE DOWN WINDROSE AT LEGACY WEST AND LOOK ON THE EAST SIDE, THERE'S TWO AND THREE AND FOUR STORIES OF BOUTIQUE OFFICE ABOVE THAT RETAIL PODIUM. WE FIND THAT THAT LEASE IS REALLY WELL FOR CREATIVE CLASS CO-WORKING TYPE TENANTS, AND WE THINK ONCE THE VIBE IS RIGHT HERE AND REALLY COOKING, THERE WILL BE A TREMENDOUS DEMAND FOR THAT PROFESSIONAL SERVICE, CREATIVE CLASS TYPE BOUTIQUE OFFICE IN THIS VILLAGE. YOU WILL HAVE PEOPLE IN PROSPER THAT WANT TO HAVE THEIR FAMILY OFFICE THERE, BECAUSE IT'S A COOL PLACE TO BE, RIGHT? SO I THINK WE SHOULD REMEMBER THAT THERE IS OFFICE THERE IN THAT BOTTOM CORNER. AND YES, AFFILIATED WITH THE, THE HOTEL CARBON AND XA2 TOWER. IF WE COULD BRING IN SOME, YOU KNOW, 3 OR 4 FLOORS OF OFFICE TO BE THERE AS WELL. AND, YOU KNOW, WE COULD EVEN DO A LOT OF DIFFERENT FORMATS THERE ON THE PHASING. AND WE'VE HAD A LOT OF DISCUSSIONS ABOUT THIS DEPENDING ON WHO YOU TALK TO, WHETHER IT'S A CONTRACTOR OR A DEVELOPER, THE FIRST THING THE CONTRACTOR IS GOING TO GO TO IS THE LOGISTICS.

WELL HOW DO I STAGE THIS? WHERE DO I STORE, YOU KNOW, HOW DO I GET THIS THING BUILT. SO THEY ALWAYS KIND OF WANT TO WORK THEIR WAY OUT OF THE SITE. BUT IT'S A REALLY GREAT POINT. AND AGAIN, I CAN TELL YOU I'VE BEEN DOING THIS A LONG TIME. I THINK IT'S POSSIBLE. I'M I'M GOING TO SPEAK BEFORE KRISHNA, WHO'S BEEN MAKING DEALS. HOPEFULLY I'M GOING TO SPEAK BEFORE HE DOES. I THINK FROM A RETAIL PERSPECTIVE, IF WE COULD SOMEHOW INCLUDE THIS , I'M GOING TO POINT THIS CORE.

IT'S ALWAYS WHAT I CALL THE URBAN CORE OF THE PROJECT. IF WE COULD INCLUDE THAT WITH WHAT'S

[01:55:04]

SOME SECTIONS AT LEAST. RIGHT. THIS THIS FRONT PORTION AT LEAST GIVES ACCESS TO BECAUSE THERE'S RETAIL IN THE MIXED USE, SO THAT'S THAT'S ABSOLUTELY. YEAH. YEAH. THE TO YOUR POINT, IF YOU'RE PUTTING THE INFRASTRUCTURE IN AND ONE OF MY, ONE OF MY FUTURE COMMENTS IS GOING TO BE JUST WE NEED TO REALLY DEFINE THAT. I THINK YOUR COMMENTS REALLY VALID OF WHAT'S INFRASTRUCTURE A I THINK THE WATERWAY IN SOME SHAPE OR FORM IS REALLY PART OF PHASE ONE, AS YOU'VE DESCRIBED IS DEFINITELY NOT NOT CAPTURED THERE. SO WE WOULD DO THAT, AND I THINK IF YOU PUT THE WATERWAY IN THEN YOU DON'T HAVE ACCESS ON THAT TOP SIDE ANYWAY. SO YEAH, YOU'RE RIGHT. DIFFERENT OPINION. BUT BUT IT'S ABSOLUTELY TRUE. THE WATERWAY IS THE VALUE HERE.

THAT'S THE ADDED VALUE. OTHERWISE IT'S JUST A 35 ACRE PLATFORM SITE I THINK TO COMMISSIONER HAMILTON'S POINT, YOU KNOW, I, I APPRECIATE WHAT YOU'RE DESCRIBING IN, IN, CARBON AND KIND OF THE RETAIL ON THE SIDE. BUT TO ME UNTIL THIS THING REALLY HAS ITS LIFE AND IT'S ALL THREE PHASES, THAT'S A VERY INTERNAL FACING RETAIL. I DON'T SEE A LOT OF FOLKS NECESSARILY DRIVING HERE, BECAUSE THERE'S JUST NOT ENOUGH YET UNTIL YOU GET THE MASS FOR THE REST. SO I, I THINK THAT'S WHENEVER COMMISSIONER, I'LL SPEAK FOR HIM . BUT I THINK THE CONCERNS AS WE DESCRIBED LAST MEETING AND THIS IS WHEN YOU DON'T HAVE THE RETAIL, YOU'RE NOT GAINING ANY VALUE INTO PROSPER. YOU'RE GETTING RESIDUAL VALUE, BUT YOU'RE NOT GAINING AMENITY VALUE. I KNOW THERE'S A COUPLE RESIDENTS HERE THAT SPOKE LAST TIME AND THEY'RE REALLY EXCITED ABOUT THAT RETAIL. WE UNDERSTAND THE CONCEPT THERE, BUT I DON'T KNOW THAT IT QUITE SELLS AS WELL BECAUSE TO ME IT'S REALLY GOOD FOR MAYBE THE MULTIFAMILY AND MAYBE FOR THE TENANTS OR YOUR YOUR SMALL OFFICE THAT'S IN THE MEDICAL OFFICE. BUT I THINK THAT'S WHY THERE'S SO MUCH FOCUS. THE PURPLE BRINGS A LOT OF VALUE FOR THE FIVE AND TEN MILE RADIUS THAT YOU'VE DESCRIBED IN PREFERENCE. YES THE EXPERIENCE VALUE DID ONE QUESTION ON THE WATER. WE KIND OF WENT BACK AND FORTH IS THE CONCEPT FOR THIS TO BE A CONSTANT CONSTANT LEVEL. SO IT'S GOING TO LOOK LIKE A POND. THAT'S GOING TO HAVE TO BE RIGHT. YEAH. OKAY AND THERE'S A LOT OF REASONS. ONE OF WHICH IS AND I'M I'M THE EXPERIENCED GUY. SO I'M GOING TO ADDRESS THIS.

YOU DON'T WANT TO DRIVE DITCH SITTING THERE THAT YOU'RE SELLING TO YOU KNOW OUTDOOR DINING RIGHT. SO YOU CAN GO UP AND DOWN THE TOLLWAY AND LOOK AT A FEW DIFFERENT DEVELOPMENTS WHERE THEY DO HAVE CONSTANT, YOU KNOW, CONSTANT LEVEL OF WATER RETENTION PONDS. YOU DON'T WANT TO DETENTION POND, YOU WANT A RETENTION POND. SO WE'RE GOING TO PROBABLY HAVE TO DROP THAT LEVEL A LITTLE BIT, BUT THEN ALLOW FOR THE FLOOD OVERFLOW TO BE UP AT KIND OF THE LEVEL OF THE CULVERT. RIGHT NOW THERE'S A LOT OF THERE'S A LOT OF HYDROLOGY AND SCIENCE THAT STILL NEEDS TO BE DONE ON THAT, BUT IT'S GOING TO TAKE ARTISTRY TO YEAH, I THINK THERE WE THOUGHT THAT WAS THE CASE, BUT I THINK A COMMENT WAS MADE EARLIER THAT MAYBE IT WASN'T GOING TO BE CONSTANT LEVEL. SO I JUST WANT TO CLARIFY THAT IF YOU LOOK AT IT RIGHT NOW I THINK THE WORD HE USED WAS EPHEMERAL, IT'S JUST A DRY LOW SPOT THAT FLOODS WHEN THERE'S A HEAVY RAIN EVENT.

YOU WOULD NOT WANT TO PUT OUTDOOR DINING NEXT TO THAT. AND I THINK A POSITIVE JUST TO NOTE, BECAUSE IT KIND OF GOT LOST. BUT YOU DESCRIBE A LOT OF HIKE AND BIKE. THERE'S A FAIR AMOUNT OF OBVIOUS OUTDOOR OPEN SPACE, AND I KIND OF THINK WE GLOSSED OVER IT BECAUSE WE LOVE HOTEL CARBON AND WANT TO GET TO ALL. YEAH, WE GET DISTRACTED RIGHT. I THINK A GOOD NOTE JUST FOR THE COMMISSION TO THINK THROUGH IS THAT'S NOT IN OUR PARKS MASTER PLAN. SO IT'S A BIG POSITIVE FOR THE AREA. AND I THINK IF YOU'RE IN A RESIDENT ACROSS THE STREET, YOU WANT TO GO ON A FIVE MILE

[02:00:01]

ABSOLUTELY. WE WANT AS MUCH OF THAT NETWORK COMING HERE AS POSSIBLE, COMMISSIONER CARSON, ONE OF THE RESIDENTS, WHEN WE SPOKE TO ONE OF THE NEIGHBORHOOD, THEY SAID, HEY, CAN WE DRIVE OUR GOLF CARTS? CAN YOU CREATE PARKING FOR OUR GOLF CARTS? WE WANT TO DRIVE IN A GOLF CART AND, YOU KNOW. YEAH WHEN YOU SAID THAT THE TOWN JUST ISSUED GUIDANCE ON THAT LAST WEEK BECAUSE I READ THE TOWN EMAILS, I THINK THAT'S ALL I'VE GOT FOR NOW. I MIGHT I RESERVE MY RIGHT TO COME BACK. I WASN'T AT THE, THE LAST, WORK SESSION WITH YOU GUYS, SO MAYBE SO. SO I APPRECIATE EVERYTHING YOU PUT INTO IT, I ECHO MY FELLOW COMMISSIONERS THAT HAVE PRESENTED, I WAS REALLY HOPING TO SEE SOMETHING COME BACK WITH THE RETAIL AND PHASE ONE, THAT WAS JUST WHERE WE LEFT OFF AT THE MEETING, SO THAT WAS THAT PROBABLY BE MY. I'M NOT GOING TO REITERATE EVERY LAST ONE OF THESE, BUT THESE ARE SOME SMART GUYS THAT I SIT ACROSS FROM ON BOTH SIDES. SO I'M GONNA JUST ECHO THEM. THANKS, COMMISSIONER JACKSON, COMMISSIONER BLANSETT.

I THINK I MISSED LAST, LAST TIME. WE'RE GOING TO START ON YOUR SIDE NEXT TIME. I HAVE TO SAY THAT. AND I ALWAYS FORGET. COMMISSIONER HAMILTON. HOPEFULLY WE MADE IT EASIER FOR YOU. RIGHT OKAY, SO, SOME OF THE, SOME OF MY QUESTIONS ARE MAYBE JUST CLARIFICATIONS OR THINGS THAT YOU'VE ALREADY SAID AND, AND ONE IS, AGAIN, I WANT TO GO BACK TO THE, THE WATERWAY, THE INFRASTRUCTURE, ALL THAT WE'RE TALKING ABOUT. I JUST WANT TO MAKE SURE I UNDERSTAND WHAT YOU'RE PLANNING ON DOING, THAT YOU'RE PLANNING ON FIXING THE WATERWAY TO HOLD WATER AND TO HAVE THE WATER FEATURES TO BE ABLE TO ADD THE WATER FEATURES TO IT, I GUESS. RIGHT AND AS A PART OF THE INITIAL PHASING. RIGHT. AND THAT WORK IS THE KIND OF WORK THAT'S GOING TO REQUIRE, APPROVAL FROM THE TOWN AND FEMA AND THE CORPS, ARMY CORPS OF ENGINEERS. SURE THAT'S GOING TO START THAT WHOLE PROCESS FROM ON DAY ONE. AND BASICALLY, IS THAT CORRECT? OKAY. SO WE WOULD KNOW THEN, YOU KNOW, WE WOULD BE GETTING APPROVAL OF THOSE THINGS FROM THE FEMA AND EVERYBODY IN EARLY IN THE PROCESS OF THE DEVELOPMENT. THIS YEAH, YOU'D HAVE TO HAVE ALL THOSE APPROVALS BEFORE ANYONE COULD DRAW FOR A BUILDING PERMIT OR OKAY. SO OKAY. AND THAT'S THAT'S ALWAYS BEEN ONE OF THE BIG CONCERNS IS TO MAKING, MAKING SURE THAT THAT WHAT IS SAID SO MUCH OF THIS PROPERTY OF THE RETAIL PARK THAT WE'RE ESPECIALLY INTERESTED IN HERE, IS IN FLOODPLAIN JUST TO MAKING SURE THAT THAT'S CURRENTLY BUILT SO THAT THAT HELPS THAT HELPS A LITTLE BIT ON THAT. I, YOU KNOW, I WILL GO BACK TO THE PHASING. I KNOW WE'VE TALKED ABOUT PHASING A WHOLE LOT. ONE OF THE THINGS THAT I WISH I, YOU KNOW, GRANTED, I UNDERSTAND THE I UNDERSTAND THE FINANCIAL ASPECTS AND RETAIL AND THAT YOU NEED THESE OTHER FEATURES IN THERE.

WHAT I, WHAT I, WHAT I WOULD REALLY LIKE TO SEE THOUGH IS NOT HAVE THE APARTMENTS IN PHASE ONE. WHAT I REALLY WHAT I REALLY LIKE TO SEE IS AT LEAST IN TERMS OF A COMPROMISE, THAT CORE ELEMENT THAT YOU'RE TALKING ABOUT, THAT, THAT BE PART OF PHASE ONE, BUILD THAT WITH THE MEDICAL OFFICE AND THE HOTEL AND LEAVE THE APARTMENTS FOR A LATER, LATER PHASE. AND THAT WAY THAT YOU'RE GETTING SOME MULTIFAMILY IN THAT CORE DEVELOPMENT, BUT YOU'RE ALSO GIVING US A LOT OF RETAIL THERE. AND SO IT SEEMS TO ME THAT THAT MIGHT BE I DON'T KNOW IF THAT'S A POSSIBILITY. IT'S JUST ONE IDEA TO KIND OF COMPROMISE. GETTING SOME MULTIFAMILY THAT I KNOW. I UNDERSTAND YOUR NEED FOR MULTIFAMILY, BUT MY CONCERN ABOUT HAVING PHASE ONE BE DONE AND THEN SOMETHING HAPPENED. YOU CAN'T PROCEED. WE'RE STUCK WITH A BUNCH OF APARTMENTS AT A VERY NICE HOTEL, BUT WE'RE JUST STUCK WITH APARTMENTS THAT WITHOUT A MUCH RETAIL, LET'S SAY, ACCESSORY. I DON'T KNOW, IS THAT EVEN A POSSIBILITY? IS THAT EVEN HAVE ANYTHING UP YOUR SLEEVE? YOU COULD START IT. IT'S A GOOD SUGGESTION, BUT THE PROBLEM IS THIS. THIS GETS LANDLOCKED.

[02:05:06]

AND TO YOUR POINT, RIGHT, THERE'S SOME RETAIL HERE AND ALSO COMMISSIONED CARS AND ALSO MADE SOME COMMENTS. WE COULD I DON'T KNOW, I'M JUST TALKING ON BEHALF OF GARY AND THE ENGINEER.

SORRY, BARRY AND THE ENGINEERS HERE. WE COULD POSSIBLY DO THIS WITHOUT, YOU KNOW, CREATING ANY LAND LOCKING HERE, WE COULD DO THE FRONTAGE, PROBABLY DEPENDING ON, HOW HOW THE INFRASTRUCTURE GOES IN. RIGHT. SO WE'RE NOT OPPOSED TO IF, AS I SAID, I, WE WANT TO DO RETAIL ALL DAY BECAUSE IT'S READY TO BE LEASED. IT'S JUST LIKE, HOW DO WE DO IT IN A WAY THAT IT DOESN'T HAPPEN, THAT, HEY, WALLS CANNOT BE BUILT OR, OR THIS, THIS CANNOT BE BUILT. SO THAT'S THE SAME THING WE'RE SAYING. HEY, WHAT IF WE OPEN THIS SIT DOWN RESTAURANTS AND THERE'S LIKE A LOT OF HEAVY DUTY CONSTRUCTION GOING BEHIND IT, THAT WAS THE QUESTIONS WE HAD, RIGHT? LIKE, YOU KNOW, PEOPLE DON'T WANT TO SIT AND EAT IN A CONSTRUCTION AND DUST. RIGHT? WE CAN BUILD IT, BUT IT'LL IT'LL GO UNLEASED OR ONCE YOU GET A BAD RAP. THAT WAS OUR BIGGEST FEAR, HONESTLY, TALKING TO GENSLER AND EVERYTHING, WHEN SOMETHING GOES BAD, IT'S YOU. YOU GET STUCK WITH THAT LABEL THAT, HEY, IT'S NOT THERE. THERE'S LIKE A LOT OF CONSTRUCTION BEHIND IT. SO THOSE WERE THE THINGS THAT WE LOOKED AROUND AND I KNOW WE GAVE THEM FREE HAND BASICALLY. RIGHT. IT'S NOT IT'S NOT ME OR LIKE, IT'S LIKE THE LOGISTICS OF THE CONSTRUCTION, THE DEVELOPMENT OF THIS. NOTHING IT'S AS YOU CAN TELL, IT'S AGONIZING FOR US BECAUSE WE WANT IT ALL BUILT AT ONCE. THERE ARE SOME LOGISTICS OF PHASING YOUR WAY IN AND OUT OF THIS PROJECT. FROM A CONSTRUCTION PERSPECTIVE, COMMISSIONER BLANCHETT, WHAT I SEE AND I THINK MAYBE, MR. JACKSON, YOU MAY HAVE MENTIONED THIS. I CAN'T REMEMBER IF YOU MENTIONED THIS IS COMBINING THESE PHASES. I, I CAN ALMOST SEE THIS THIS CENTER URBAN CORE NEEDING TO BE BUILT WITH THIS.

NOW, UNFORTUNATELY, THAT PUSHES IT TO PHASE THREE. BUT MAYBE THIS BECOMES PHASE TWO AFTER YOU GET THE WATERWAY BUILT. BECAUSE THIS URBAN CORE HERE TO SEAN'S POINT, IS REALLY INTEGRAL TO WHAT HAPPENS WITH THE EVENT VENUE COMING ACROSS TO THIS EXPERIENCE CENTER. AND THEN MAYBE WE WORK OUR WAY OUT THIS WAY IN PHASE THREE WITH THE VO'S AND HOTELS. AGAIN, I KNOW SEAN'S GOT PLANS FOR THESE EVENTS. THIS EVENT CENTER TO BE ACTIVATING HOTELS. SO THOSE ARE SOME THINGS WE NEED TO WORK THROUGH JUST AS A DEVELOPMENT TEAM. THIS IS SOMETHING WE SAY IN OUR STUDIO ALL THE TIME, BECAUSE IT'S NOT UNCOMMON FOR CLIENTS TO COME AND SAY, WE WANT RETAIL EVERYWHERE, AND THE FIRST THING WE'LL SAY TO THEM IS, GREAT. HOW MANY FOR LEASE SIGNS DO YOU WANT, IF YOU OVER BUILD THE RETAIL HERE, IT'S GOING TO BE LOADED WITH FOR LEASE SIGNS AND THAT'S NONE OF OUR ADVANTAGES, AND THAT'S KIND OF WHAT KRISHNA WAS GETTING AT, IS IF WE DO THIS AND IT LAUNCHES WRONG, IT'S REALLY HARD TO UNDO THAT. IN THE SOCIOLOGY OF THE CATCHMENT. SO THAT'S WHY WE'RE PLEADING WITH YOU TO LET US WORK THROUGH THE DEAL MAKING, WHICH COULD HAPPEN QUICKLY AND THE AND THE PROPER MARKET PHASING. I MEAN, I WAS I MENTIONED THE LAST TIME I WAS ON YOUR SIDE OF THE DAIS FOR EIGHT YEARS IN RICHARDSON AND IT'S IT IS A NATURAL ACT TO WANT TO PUT TRIGGERS TO PROTECT THE CITY ON THIS, THIS SOMETIMES THOSE ARBITRARY TRIGGERS CAN REALLY WORK AGAINST YOU IN THE LONG RUN. SO WE GET SOME OF THEM AND WE'VE RESPONDED TO A LOT OF YOUR REQUESTS. BUT ON THE PHASING, WE'RE REALLY GOING TO HAVE TO BE CAREFUL ABOUT HOW WE DO THIS.

OKAY, UNDERSTOOD. YEAH. THAT'S GREAT. ANY, THE OTHER QUESTION I HAD, YOU MENTIONED THE MEDICAL OFFICE THERE. THE HOTEL THAT IS THE FIRST LEVEL IS RETAIL OR RETAIL SPACES. I DON'T I DON'T RECALL WHERE IN THE DOCUMENTATION IT SAYS THAT. AND I IT MAY BE THERE I DON'T KNOW.

STAFF MAY HAVE TO HELP ME FIND THAT. BUT IF IT'S NOT, COULD WE CAN WE ADD THAT AS A REQUIREMENT . WE DID COMMIT TO THAT. IT'S THERE, AND THE MEDIC, I WAS JUST LOOKING FOR IT HERE. I'M SORRY TO BE DISTRACTED. IT IT IS. IT'S A DIFFERENT IT'S A DIFFERENT ONE. THAT'S FINE, THAT'S FINE.

DISTRACTED WE ARE BUILDING THAT. BOTH OF THOSE IN THE SAME COMPONENT TO THE MODEL. BECAUSE THEY, YOU KNOW, THEY HAVE THAT SAME COST. SO THE BLUE AT THE TOP, LET ME GO TO ONE MORE. TO

[02:10:04]

YEAH, THAT'S FOUR FLOORS OF, OUTPATIENT MEDICAL, AND WORKOUT. SO THIS IS KIND OF A LITTLE BIT MORE DETAIL THAN WHAT'S SHOWN IN SUZANNE'S ORDINANCE. BULLET POINTS WITH THAT DOES NOT SHOW WHAT I UNDERSTOOD YOU TO SAY A WHILE AGO IS THAT THERE WAS RETAIL STORES. YEAH. YOU GOT RETAIL RESTAURANTS, AND THEN THE TOTAL SQUARE FOOTAGE IS AT THE BOTTOM THERE. SO IT'S THE ESPORTS CENTER RETAIL OPERATIONS , THE THREE RESTAURANTS, RECOVERY PERFORMANCE. WELL, THOSE ARE UNDER. THE THAT'S UNDER THE LIST OF THE HOTEL CARD. AND I'M TALKING ABOUT THE BOTTOM, THE EXO TOWER. I THOUGHT YOU SAID. YEAH. EXO IS ON THE RIGHT. EXO TWO TOWER. YEAH. SO ALL OF THAT'S PHASE ONE. ALL OF THOSE COMING UP AT THE SAME TIME. MY QUESTION THOUGH IS THERE RETAIL SPACE IN THE FIRST AT THE IN THE FIRST FLOOR OF THAT EPISODE TWO TOWER. WE, WE HAVEN'T PROGRAMED IT, BUT THERE'S FOUR FLOORS THAT ARE OUTPATIENT MEDICAL AND RETAIL.

BUT I, I CAN'T SAY IN EARNEST THAT IT'S YET IT'S TWO FLOORS OF IT. I BUT THERE IS RETAIL. YES BUT I'M SORRY I DON'T HAVE A SCRIPT. OKAY. AND I GUESS MY ONLY CONCERN WAS THAT I THOUGHT YOU SAID THAT I DIDN'T REMEMBER. I DON'T REMEMBER SEEING THAT THERE WAS RETAIL IN THAT LOCATION IN THE WORDING. EVEN WHAT YOU JUST SHOWED ME. THERE IS THAT OFFICE. DID YOU SAY SO? COMMISSIONER GLENN SAID, THIS IS THIS IS A VERY CONCEPT, KIND OF, TEST FIT THAT YOU CAN SEE HERE ON THE PODIUM OF HOTEL CARBON. THIS IS A LOT OF FOOD SERVICE HERE IN THE RESTAURANTS ON THIS SIDE. BUT THIS IS NOT THE LATEST PLAN. SO I JUST WANT TO SHOW YOU HOW ON THIS GROUND FLOOR, HOW THIS STUFF ARRANGES AND THEN ONCE YOU GET UP TO THE UPPER LEVELS, YOU START SEEING THESE MEDICAL SUITES. AND THIS PODIUM ISN'T THE SAME SHAPE AS WHAT'S ON YOUR OTHER EXHIBIT. WE WANTED TO JUST HAVE THIS IN OUR APPENDIX IN CASE THESE QUESTIONS CAME UP. YOU CAN SEE THE TRACK HERE THAT GOES AROUND USES. THESE ARE VERY EARLY CONCEPT BUBBLE DIAGRAMS OKAY. AND THEN SO THE AGAIN THE INFRASTRUCTURE WORK THAT YOU'RE TALKING ABOUT ON THE WATER WAY AND STUFF IS AS PART OF PHASE ONE NEEDS TO BE ADDED INTO THE WORDING OF THIS. SO YEAH IF THAT'S WHAT. YEAH. IF THAT'S WHAT YOU NEED. ALL RIGHT. I THAT'S ALL MY COMMENTS AND QUESTIONS OTHER THAN THE COMMENTS THAT AGAIN SAY IT'S ALL RIGHT. I APPRECIATE THE WORK YOU'VE DONE AND HOW YOU TRIED TO RESPOND TO NOT NOT EVERY APPLICANT TRIES TO RESPOND TO ALL THE THINGS THAT THEY'VE HEARD AND WE'VE DONE THAT. SO I APPRECIATE THANK YOU VERY MUCH. WE'VE BEEN BURNING THE MIDNIGHT OIL. SO THANK YOU. CAN YOU GO BACK TO SLIDE TWO? THE ORIGINAL THE SITE MASTER PLAN THAT THAT HAD THE PHASES ON IT, YOU TALK ABOUT THIS ONE. YEP YEAH. THERE YOU GO. IS THERE ANY REASON WHY DOWN HERE WHERE YOU WE HAVE THE PHASING SPELLED OUT. ONCE YOU GET TO PHASE TWO, YOU DON'T HAVE ANY TRIGGER ON WHEN YOU'RE GOING TO DO PHASE 3 OR 4. WELL, YOU TALK ABOUT THE TIMING. YEAH WE SPENT A LOT OF TIME TALKING ABOUT THIS YESTERDAY MORNING, WE'VE SEEN SOME OF YOUR OTHER ZONING CASES GO ALL THE WAY OUT TO 20, 48. WE WOULDN'T EVEN CONSIDER BRINGING YOU A TIMELINE THAT GOES TO 20. NO, NO, I JUST MEAN, LIKE. YEAH. PHASE TWO SAYS IT STARTS AT THE BEGINNING OF 50% OF PHASE ONE. WHEN IS PHASE THREE GOING TO START? THE BEGINNING OF WHAT, IN PHASE TWO OR PHASE FOUR? WHEN IS THAT GOING TO START WITHIN PHASE THREE TIMING. YEAH BASICALLY WE WERE THINKING THE PHASE TWO AND PHASE THREE, WE CAN JUST SEE WE CAN COMBINE BASED ON THE LOGISTICS OF THE CONSTRUCTION. FOR EXAMPLE. AND JUST LIKE IF, LIKE IF WE GET THE CHAPEL IN THE RETAIL SECTION, IF YOU GET THE HOTEL ROSE, WE MIGHT HAVE TO COMBINE A LITTLE BIT OF PHASE THREE INTO PHASE TWO. SO WE JUST DIDN'T PUT A TIMELINE TO IT, BUT IT THEY COULD BE JUST IMMEDIATELY AFTER THAT BASED ON WHEN THOSE GETS HOW IS I WAS GLAD THE SLIDE CAME BACK UP BECAUSE EARLIER WHEN IT WAS PRESENTED IT FLIPPED THROUGH REALLY FAST AND I NOTICED IT.

BUT THEN WE STARTED TALKING ABOUT OTHER STUFF. SO I WAS GLAD THIS CAME BACK BECAUSE THAT'S THE CLARITY. IT WAS JUST A LITTLE MORE CLARITY. YEAH, BUT THINK OF THESE TWO PHASES IN A WAY BASED ON EVERYTHING WE'VE TALKED ABOUT ALMOST. THIS IS THIS IS WHERE WE GET IN TROUBLE WITH NUMBERS. BUT YOU COULD DO TWO A AND TWO B. YOU KNOW, THESE ARE REALLY KIND OF FOLLOWING ONE

[02:15:01]

WE JUST SAID, HEY, WE WANT TO DO IT ALL, SO THAT'S THE REASON THERE'S LIKE INTERLINKAGE, I UNDERSTAND. I WAS JUST LOOKING AT MORE OF THE BEGINNING AT 50% OF PHASE ONE, THAT PHASE THREE WOULD SAY IT TO BE AT THE BEGINNING OF 25% OF PHASE TWO. I DON'T THAT'S JUST I, I JUST, I JUST YEAH, IT WAS JUST MORE OF A QUESTION OF WHY WHY IT WASN'T THERE CONSTRUCTION. OKAY. IT'S MORE CONSTRUCTION LOGISTICS I APPRECIATE IT, BUT WE HAVE LIKE A GO AHEAD FOR THE ENTIRE THING BASICALLY. RIGHT. AND SEAN, WE HAVE A GOOD PARTNER IN SEAN. HE'S HIS TEAM IS READY TO FUND THE ENTIRE CARBON AND BOWS AND EVERYTHING. BUT THEY NEED THE LOGISTICS ON HOW IT'S GOING TO BE BUILT. THAT'S THAT'S ABOUT SO A COUPLE OF TIMING QUESTIONS. YOU JUST KIND OF BROUGHT UP THE PARKING GARAGE IN THE MIDDLE. IS THAT FOR CARBON AS WELL AS MIXED MULTIFAMILY. YEAH QUITE HONESTLY THAT GARAGE IS GOING TO BE OVERBUILT IN THE INTERIM PHASE BECAUSE IT'S ALSO SERVING OTHER HOTELS AND MULTIFAMILY. THAT'S A THAT'S A GOT TO GET IT BUILT FOR A HOTEL. CARVER. SO IN THE IN THE STANDARDS IT TALKS I MEAN I DON'T I'M NOT LOOKING AT PARKING COUNTS OR ANYTHING. BUT IF YOU'RE BUILDING IT FOR CARBON AND YOU'RE BUILDING IT FOR THE RETAIL MULTIFAMILY AND PRESUMABLY THE HOTEL TO YOUR POINT, YOU'RE GOING TO WAY OVER BUILD THAT GARAGE ON DAY ONE.

THERE AGAIN, THAT'S THE INCENTIVE TO KEEP GOING. YEAH, YEAH. WHEN YOU GO 10 MILLION IN IN THE MIDDLE OF YOU HAVE TO GO, YOU GOT TO GET CASH GOING. SO I MEAN, HAVE YOU DONE A PRELIMINARY STUDY OF HOW BIG THAT GARAGE NEEDS TO BE RIGHT NOW? WE THINK IT'S PROBABLY GRADE PLUS FOUR. OKAY, IF WE COULD GET IT DOWN SMALLER, WE WILL. THERE'S A LOT OF WORK THAT NEEDS TO BE DONE IN DESIGN WITH STAFF, BUT WE THINK IN GRADE PLUS FOUR, MAYBE GRADE PLUS THREE. SEE, WHEN WE MOVE THE MULTIFAMILY TO THE TOP TO STRUCTURED PARKING, WRAP, THAT TOOK A LOT OF PARKING LOAD OUT OF THAT GARAGE, WHICH IS A GOOD THING FOR THAT GARAGE BECAUSE IT WAS GETTING PRETTY TALL AT GRADE PLUS SIX, AND THAT WAS RIGHT UP AGAINST YOUR CAP FOR HEIGHT.

THAT WAS KIND OF WHERE I WAS. SO IN THE STANDARDS, I NOTICED THERE WAS A CAP ON HEIGHT OF PARKING GARAGE, AND IT ALSO TIES IT TO LIKE THAT CAN'T BE HIGHER THAN THE SURROUNDING BUILDING.

SO I DON'T KNOW WHAT THAT RETAIL MULTIFAMILY IF THAT PODIUM IF YOU'RE STILL THINKING THAT'S LIKE A PODIUM PLUS 3 OR 4 OR HOW BIG THAT MULTI IS IN THE MIDDLE. OH, AND I DON'T KNOW IF APPLIES BECAUSE IT'S NOT A WRAP OKAY. IT'S PROBABLY IT'S PROBABLY PODIUM. PLUS THREE ON ONE SIDE AND FOUR ON THE OTHER. OKAY SO DO YOU ANTICIPATE THAT GARAGE BEING HIGHER THAN THAT PODIUM? I DON'T KNOW THAT IT'S A PROBLEM, BUT DEFINITELY I THINK TIE IT WHERE YOU CAN'T. YEAH OKAY. THIS IS THIS IS AS YOU CAN SEE THIS IS A TREMENDOUS PUZZLE THAT WE'VE GOT TO SOLVE, BUT FROM A PLACEMAKING PERSPECTIVE, WE WANT TO KEEP THAT GARAGE, YOU KNOW, CLAD TO HIDE IT A LITTLE BIT AND MAKE IT AN INTEGRAL PART OF THE. SO I THINK IT TALKS IN THE, IN THE DEVELOPMENT STANDARDS ABOUT THE CLADDING ON THAT GARAGE. IT TALKS ABOUT THE WRAP GARAGE FOR SURE. I WAS TRYING TO GO THROUGH A LOT OF INFORMATION, BUT DO WE HAVE A CLADDING REQUIREMENT ON THE STANDALONE GARAGE? OKAY. A HEIGHT REQUIREMENT. DO WE HAVE A CLADDING REQUIREMENT LIKE, YOU KNOW, IF YOU GO AT SOME. YEAH.

IT CAN'T JUST BE A RAW PARKING GARAGE AND THEN GO AHEAD. YOU WANT TO JUMP IN, JUST YOU MENTIONED EARLIER ABOUT NOT BEING ABLE TO DEVELOP ALL THE RETAIL IN PHASE THREE BEFORE YOU ARE ABLE TO SHOW A POTENTIAL CLIENT THE VISION OR, YOU KNOW, BUILDING OUT THE OTHER STUFF.

COULDN'T YOU? WHY COULDN'T YOU BUILD ALL OF THE STRUCTURES AROUND IT? SO, YOU KNOW, YOU GOT I KNOW YOU MENTIONED THE RECEPTION FACILITY COULD BE ADDED TO PHASE TWO. WHY COULDN'T THAT BE PART OF PHASE ONE? WHY COULDN'T SOME OF THE OTHER STRUCTURES THAT YOU HAVE AROUND IT BE PART OF PHASE ONE? SO SOME OF THE PATHWAYS AND SOME OF THE OTHER ART WATERWAY IS SO, SO AFFECTED BY THE CURRENT WATER, FLOOD PLAIN. WELL, I'M TALKING ABOUT, AT THE VERY BOTTOM. SO ALL THE THINGS COMING OFF OF PROSPER TRAIL, MAYBE ANYTHING THAT'S ON THAT, THAT LITTLE, ROUNDABOUT THAT YOU'VE GOT AT THE CORNER OF THE TOLLWAY AND PROSPER TRAIL, YOU KNOW, SOME OF THESE WITHOUT THE STRUCTURES THAT ARE BORDERING THE WATER, BUT JUST ALL OF THE THINGS THAT DON'T INVOLVE SOMEONE GOING INTO. COULDN'T YOU JUST BUILD ALL OF THAT STUFF AND JUST DON'T

[02:20:04]

NO, IT CAN'T EAST TO WEST. BECAUSE THE ONLY THING I'M WONDERING IS IF YOU COULD JUST BUILD EVERYTHING BUT THE RETAIL LOCATIONS THEMSELVES. I MEAN, FOR I DON'T HAVE THE IN MY PACKET, I DON'T HAVE THE DESIGN THAT YOU HAD FOR THE, THE ACTUAL HOW IT'S SUPPOSED TO LOOK. BUT IF YOU BUILT EVERYTHING EXCEPT FOR THE RETAIL LOCATIONS, EVERYTHING, THE WALKWAYS, THE, THE, THE ART, THE EVERYTHING AND BUILT IT OUT. SO THE ONLY THING THAT WAS MISSING WAS FOR YOU TO INPUT THAT. AND IF YOU COULD DO THAT IN, IN PHASE ONE, I DON'T. WELL I CAN SAVE IT FOR WHEN WE GET TO COMMENTS. BUT THAT'S THE ONLY QUESTION THAT I HAD IS LIKE, WHY IS THAT? WHY IS THAT NOT DOABLE? IN PHASE ONE WE ARE DOING IN PHASE ONE, WE'RE DOING THE WALKWAYS AND EVERYTHING. AND FOR EXAMPLE, TO BARRY'S POINT, IF WE COULD DO THE RETAIL AND OFFICE HERE AT THIS CORNER, WE WOULD DO IT RIGHT, BECAUSE IT'S ALREADY BECAUSE THE OFFICE DOESN'T NEED LIKE FOR WHATEVER I JUST DON'T THINK YOU'RE GOING TO LIKE IT. YEAH. IT'S JUST NOT IT'S NOT WHAT YOU THINK IT'S GOING TO BE. BUT THE OTHER WALKWAYS, THE ALL AROUND, THE INFRASTRUCTURE AROUND THIS, THAT'S ALL GOING IN PHASE ONE, IT'S AT THE EARLIEST. IT CAN BE PHASE TWO BECAUSE OF THE WATERWAY INFRASTRUCTURE. WE'VE GOT TO GET THAT THAT THAT WATERWAY CONSTRUCTED, BEFORE ANY OF THAT COULD GO IN. AND YOU COULD BUILD THOSE LITTLE OUT BUILDINGS AT THE CORNER OF PROSPER AND SHAWNEE. BUT IT'S NOT GOING TO BE. IT'S NOT GOING TO HAVE THE ENERGY AND VIBE YOU THINK IT'S GOING TO BE KIND OF LIKE CENTER SQUARE. ONCE YOU GET TO THAT CENTER SQUARE. NOW, IS THAT THE LIBRARY SPACE? RIGHT. THAT IS THAT THAT'S A COOL SPOT. THERE'S A CINEMA ON ONE SIDE.

THERE'S A RETAIL. I MEAN, THAT'S, THAT'S THAT'S REALLY A GREAT PLACE. AND THEN THERE'S A WALKWAY TO. BECAUSE THERE'S A LOT OF RETAIL IN THIS CENTER SPACE. IT'S ALL THIS COULD BE PHASE TWO. YEAH. WE CAN GET TO THE YOU'VE GOT TO CLEAR THE WATERWAY FIRST. SO IT'S THE RECEPTION FACILITY PART OF NOW PHASE TWO. I'M SORRY. JUST TO KEEP TRACK OF MY NOTES, WE'RE SAYING, OKAY, CUT THIS THING IN HALF. IF YOU DREW A LINE NORTH SOUTH THROUGH IT, YOU COULD MAKE THE BLUE IN THE PURPLE PART OF YOUR FACE, TOO. SO THOSE OTHER TWO RETAIL WOULD BE PART OF PHASE TWO, OR WAS THAT BOTTOM RIGHT ONE, THE INDOOR AMUSEMENT PLACE, PART OF PHASE ONE? NONE OF IT CAN BE PHASE ONE BECAUSE IT'S IN THE FLOODWAY, RIGHT? IF YOU REMEMBER THE BLUE LINE. YEAH YEAH. ALL OF THAT AREA IS AFFECTED BY THAT. SO WE'VE GOT TO CLEAR THAT. BUT I THINK YOU SAID GENERALLY TIMING, YOU'VE GOT ABOUT A YEAR TO KIND OF GET THAT FIGURED OUT RIGHT FROM YOUR DESIGN FOR CARBON AND EVERYTHING ELSE TO BE READY TO BREAK GROUND, START SCRAPING THE GROUND. YES BUT IT'LL PROBABLY TAKE EVERY BIT OF THAT ON THIS. YEAH, A LOT OF APPROVALS AND DESIGN WORK THAT HAS TO HAPPEN. I THINK THE DESIGN COULD GO QUICKER PROBABLY IF YOU HAD SKIN. I DO HAVE A YEAH. SORRY SORRY I HAD TO I DID HAVE A QUESTION KIND OF TIED BECAUSE I KNOW WHAT THE MOST UNPOPULAR THING IN THIS WHOLE ENTIRE DIAGRAM IS. AND THAT'S THAT TOP LEFT, CORNER RIGHT. AND WE GET WHY IT'S THERE AND WE UNDERSTAND IT, OR I THINK WE DO. I DO, I THINK THE CONCERN THAT IT'S BEEN EXPRESSED FROM SOME FOLKS, NOT NECESSARILY UP HERE, JUST IN THE , IN PROSPER IS HOW DO WE HOW DO WE TIE THAT TO CARBON APPROPRIATELY. AND I'M GOING TO SAY LEGALLY, WHATEVER WE CAN DO. BUT TO WHERE? LET'S JUST SAY I DON'T THINK YOU'RE GOING AWAY, BUT LET'S JUST SAY SOMETHING HAPPENS AND THIS GOES AWAY. YOU SELL OFF THE MULTI APARTMENTS, GET BUILT OUT IN THE MIDDLE OF A FIELD AND NOTHING EVER COMES BEHIND IT. I DON'T THINK WE MY OPINION IS NOT TO GO SO EXTREME TO PUSH IT IN ITS OWN PHASE. I DON'T THINK THAT'S GOOD FOR THE DEVELOPMENT. I THINK PEOPLE IN THE DEVELOPMENT IS REALLY KEY TO THE DEVELOPMENT HAPPENING. BUT IS THERE A I'M JUST MORE OF A COLLABORATIVE DISCUSSION WITH YOU? IS THERE A WAY TO TIE THAT TO CARBON, WHERE YOU CAN'T GET A CO ON MULTIFAMILY WITHOUT THE CO ON CARBON, OR SOMEHOW REASONABLY NOT TRYING TO ENCUMBER YOU, BUT JUST WHERE WE CAN GO TO PROSPER AND SAY, LOOK, YES, WE'RE GIVING THEM MULTI BUT WE'RE ALSO GETTING DEVELOPMENT, AN AMAZING HOTEL AMENITY. YEAH YEAH THAT'S MY SOMEBODY I NEVER MET THIS I WANT TO BUT I, I GUESS I HAVE A LOT OF CASH. SO YOU'RE ASKING A LENDER TO ATTACH HIS MONEY TO THE PERFORMANCE OF A THIRD PARTY. AND THAT KILLS EVERY DEAL. WE HAVE A ZONING CASE GOING ON AS WE SPEAK IN RICHARDSON RIGHT NOW, THAT WE

[02:25:04]

PHASE TWO BECAUSE IT'S PROBABLY GOING TO HAPPEN RIGHT AT THE VERY QUICKLY THEREAFTER. SO THE ONE WILL HAPPEN, WHICH IS WHAT YOUR GOAL IS, AND THEN MAKE THAT MULTIFAMILY IN THE TOP LEFT PHASE TWO. AND THEN YOU KNOW, THE REST OF THE PHASE THING WOULD CONTINUE. COMMISSIONER HAMILTON, IF I MAY COMMENT ON THAT. WE THOUGHT THROUGH THAT, AND THE ONLY REASON WE'RE DOING MULTIFAMILY ALONG WITH CARBON IS, CARBON NEEDED PEOPLE TO ACTIVATE. RIGHT? IT'S SUPPOSED TO BE A TEN MILE CATCHMENT. THEY NEED IT LIKE ANY. WE LOOKED AT YOUR PEREIRA AND OTHER PROJECTS AS WELL. THERE'S ALWAYS SOME COMPONENT OF RESIDENTIAL THAT GETS ACTIVATED FOR CARBON. IT WAS THIS MULTIFAMILY THAT ACTIVATES THERE. THEY WANTED THE MULTIFAMILY TO GO RIGHT. THESE GUYS TO COME IN AND EAT THERE OR WHATEVER MEMBERSHIP, WHATEVER THOSE ARE. SO THAT WAS THE REASON THEY WERE GOING IN TOGETHER, AND, AND I THINK, SEAN, YOU CAN ADD IN THERE. SO THAT'S, THAT'S THAT I SAID, I EVEN SAID TO OUR PARTNER, OUR FINANCIAL PARTNER WHO WILL BE HERE NEXT WEEK, WHY DON'T WE DO THE MULTIFAMILY? LET'S AT THE SAME TIME AND HE'S LIKE, YOU'RE A HOTEL GUY, STAY IN YOUR LANE. THAT'S RIGHT. THIS IS THE GUY. SO IT'S SO IMPORTANT THAT WE HAVE A PROFESSIONAL SIDE THAT DOES THAT. BUT WE NEED THOSE THOUSAND HUMANS, YOU KNOW, TO COME AND ACTIVATE THE GYM, THE RESTAURANTS. IT'S GOING TO BE FIVE, FIVE. MILES WIDE TO REALLY ACTIVATE ALL THE RETAIL HERE. BUT IT HELPS IF THERE'S AN ESTABLISHED COMMUNITY HERE. IT'S REALLY SEEDING THE GROUND FOR FUTURE EXPANSION. IN JUST DEVIL'S ADVOCATE, HOW DO YOU PREVENT WHAT I JUST DESCRIBED FROM HAPPENING? LIKE, WHAT DO I GO TELL MY NEIGHBORS WHEN THEY SAY, WOW, YOU GUYS APPROVED MORE MULTI THAT'S GOING TO GET BUILT WITHOUT A HOTEL? I DON'T PERSONALLY FEEL THAT'S GOING TO HAPPEN. I FEEL LIKE THE HOTELS GOT MORE MOMENTUM FRANKLY, THAN THE MULTI PROBABLY. BUT WELL HOW DO WE HOW DO WE ADDRESS THAT. I'LL TELL YOU I HAVE MULTIFAMILY IN MY STUDIO AND BUILDING PRIVATE MULTIFAMILY RIGHT NOW IS TOUGH BECAUSE OF LENDING. SEAN HAS THE LENDING FOR THE HOTEL, WHICH IS UNUSUAL, AND A BLESSING. SO THE HOTEL I MEAN, RIGHT NOW, IF IT WAS GOING TOMORROW, THE HOTEL IS GOING TO GO UP. IT'S GOING UP FIRST. YOU DON'T HAVE A THERE'S NO DEAL WITH ANYBODY FOR THE MULTIFAMILY. CORRECT? WE DON'T HAVE AN HOUR. BUT THIS PHASING IS GOING TO HAVE A SUB PHASING IF YOU WILL. SO RIGHT NOW I MEAN THE HOTEL'S GOING TO GO UP. AND THE DEAL HAS NOT BEEN MADE ON ANY MULTIFAMILY. CORRECT. LIKE THE HOTELS GO READY TO GO THE MULTIFAMILY IS THERE FOR THEM TO ACTIVATE WHEN WE GET THE RIGHT FIT. AND THE RIGHT FIT, THE MULTIFAMILY WILL GO UP RIGHT. BUT THIS IS YOU FROM OUR FINANCE GROUP. THEY SAY THESE THINGS. WHERE ARE THESE THINGS? WHERE? WHERE IS THE LAND? HOW DO WE KNOW IT'S THE SAME WAY, RIGHT? HOW DO WE KNOW WE HAVE THEM? SO THERE SAYING THE SAME THING YOU ARE, WE MAKE SURE THAT, BUT SEE THE ISSUE FROM OUR STANDPOINT AND I APPRECIATE YOUR ISSUE. AND THAT'S WHY YOU'RE SITTING ON LIKE YOU MENTIONED. THAT'S WHY YOU GUYS ARE ON THAT SIDE AND WE'RE ON THIS SIDE. YOU KNOW, THERE'S A WHOLE LOT OF TRUST US IN THE PRESENTATION. THERE'S A WHOLE LOT OF TRUST US. THE ONLY THING THAT YOU WILL BE BOUND TO DO IS WHAT'S IN WRITING. RIGHT.

AND THE ONLY THING THAT WILL BE IN WRITING TECHNICALLY IS WHAT'S IN PHASE ONE. THAT'S THE ONLY THING THAT WE CAN REALLY AND REALLY, IT'S WHAT'S BUILT FIRST IN PHASE ONE. TRUTHFULLY. RIGHT.

SO IF YOU DECIDE TO BUILD THIS HOTEL AND TAKE SEVEN YEARS TO BUILD A MULTIFAMILY, THE UNDERSTANDING THAT IS TIED AND I GET ALL OF THAT, BUT THERE'S NOTHING THAT WE THERE'S NOTHING WE CAN DO. IF YOU DECIDE TO BUILD PHASE ONE AND NOT DO ANY OTHER PHASE FOR ANOTHER 20 YEARS, THERE IS NOTHING WE CAN DO WITHOUT WRITING, WITHOUT ANYTHING DOWN. AND YOU DON'T HAVE ANYTHING IN YOUR IN YOUR PLAN THAT TIES ANYTHING TO THE THINGS THAT WE CARE ABOUT. AT THE TOP OF OUR LIST, WHICH ARE THE RETAIL. AND IF YOU WERE TO DO ANY OF THAT, IF YOU AND TRUST ME, I BUT TRUST ME, I BELIEVE. THERE YOU GO. YEAH FULL CIRCLE. THERE WE GO. I UNDERSTAND THAT

[02:30:04]

IS SUBURBAN RETAIL. AND WE'RE NOT GOING TO BE ABLE TO GIVE YOU THE TYPE OF RETAIL. AND WE CAN COUNTER, WELL, WHY NOT? WHY CAN'T YOU SELL A FUTURE RETAILER ON THE SAME VISION YOU'RE SELLING US ON? YOU'VE GOT THE PRESENTATION. IF YOU SAT IN FRONT OF SOME OF THE TOP AND THEY ARE THEY ARE AROUND THERE, RIGHT THERE. YOU DON'T HAVE TO DRIVE FAR TO FIND THEM AND SIT AND SHOW THEM WHAT YOU'VE SHOWN US. YOU DON'T THINK THEY WOULD WANT TO BUY INTO THIS, ESPECIALLY KNOWING, WELL, THAT'S WHAT I'M SAYING. SO. SO WE COULD DO THAT ALL DAY. BUT FOR US, WE HAVE HAD HISTORY WITH PEOPLE COMING IN, GETTING, GIVING A SELLING A DREAM WHICH IT DOESN'T MEAN THAT IT'S NOT GOING TO HAPPEN. AND THEN DECIDING TO WALK AWAY AND SELLING THAT TO SOMEONE ELSE. WE YOU COULD EASILY COME IN AND GET APPROVAL FOR THE MULTIFAMILY LIKE WE SAID, AND NOT DO ANYTHING, AND THEN SELL IT TO SOMEBODY IN 6 OR 7 YEARS. RIGHT. SO THAT'S WHY WE'RE SO ADAMANT ON GETTING THINGS IN WRITING. IF YOU REALLY, REALLY ARE COMMITTED TO DOING IT. WONDERFUL. WELL, LET'S LET'S PUT SOMETHING IN THERE THAT HOOKS US TO IT. AND THE RETAIL IS IMPORTANT. I I SEE THAT MATH THAT WE CAN COME TO AN AGREEMENT ON. OKAY. COULD I ASK YOU A QUESTION? I KNOW YOU NEED THE MULTIFAMILY AND I KNOW THAT'S A BIG PART OF IT. SO THE MULTIFAMILY IN THE TOP LEFT IS, A MAX OF 338 UNITS, YOU KNOW, AND THE MIXED USE IS A MAX OF 350 UNITS. SO YOU ARE ONLY GOING TO GET EITHER A MAX OF 338 IF YOU BUILT THAT. SO WHY COULDN'T WE BUILD THE MULTIFAMILY. THAT'S WITH THE RETAIL. THAT'S OVER BY THE THAT'S NEXT TO HOTEL CARBON IN THAT AREA. AS A EARLIER I GUESS AS A COMPROMISE. NO, THE PROBLEM WITH THIS IS THIS IS LIKE STANDALONE WITH ACCESS, WITH SHAWNEE TRAIL AND I THINK EASY TO CONSTRUCT ALL ACCESS.

THIS IS LIKE A KIND OF LANDLOCKED. WE NEED TO GET THIS THING GOING. WE ARE GETTING THIS INFRASTRUCTURE GOING AND TO BUILD THIS UP ALONG WITH CARBON WAS WHAT WE WERE TOLD LOGISTICALLY IS DIFFICULT. SO WE WENT DIAGONALLY, SAY WE GET THE GARAGE, WE GET CARBON ON DMT, WE GET THIS HERE, THAT WAS THE ORIGINAL, THING WE HAD, DOING THIS WAS LIKE GETTING, LIKE REALLY LOGISTICALLY DIFFICULT OTHERWISE IT'S THE SAME, RIGHT? IT'S LIKE 300 UNITS VERSUS 200 UNITS. WE COULD HAVE. YEAH, I JUST I GUESS IT'S BECAUSE IT'S SO CLOSE IN PROXIMITY TO IT. IT WOULD HAVE A MORE. IT SEEMS LIKE IT'S A MORE REASONABLE CONNECTION TO HOTEL CARBON THAN THE MULTIFAMILY IN THE TOP LEFT, WHICH ALL OF US SEEM TO HAVE THE SAME CONCERN ABOUT THE MULTIFAMILY GETTING BUILT AND EVERYTHING ELSE. I MEAN, I FEEL LIKE THE HOTEL CARBON IS GOING TO BE FIRST, BUT THAT MULTIFAMILY GET BUILT AND IT COULD JUST BE AN ISLAND. WELL, MAYBE LET'S MAYBE LET'S SIMPLIFY. I 100% AGREE JUST JUST AN IDEA. I KIND OF LIKE YOUR FACE. I'M GOING TO TAKE BARRY'S PHASE ONE A AND ONE B APPROACH. I THINK I SAID THAT BACKWARD OR I THINK I ENCUMBERED IT TOO MUCH EARLIER WHEN I SAID TYING IT TO CO, BUT COULD WE WOULD YOU BE OPEN TO TYING A TRIGGER OF A BUILDING PERMIT FOR MULTIFAMILY TIED TO A THE START OF CARBON.

SO YOU WOULD HAVE TO START CARBON BEFORE YOU COULD START MULTI AS SOON AS I START THE SAME THEN YOU'RE OFF THE PATH. YOU DON'T HAVE TO FINISH ONE IF THAT HELPS YOU GET COMFORTABLE WITH IT. WE CAN PROBABLY MAKE THAT WORK. AND LET ME LAYER IN SOME COLOR COMMENTARY HERE. I HAVE MULTIFAMILY IN MY STUDIO AT GENSLER, AND ALMOST EVERY SINGLE PROJECT AT MULTIFAMILY PROJECT WE HAVE IS ON HOLD. STUDENT HOUSING IS BOOMING ON CAMPUS, OFF CAMPUS. OKAY, BUT LENDING IS REALLY STALLED ON MULTIFAMILY NOW. A YEAR AGO, TWO YEARS AGO, YOU PROBABLY HAD MULTIFAMILY GUYS STANDING IN LINE HERE, BECAUSE LENDING WAS FLOWING FAST . I WAS JUST SIDEBAR WITH KRISHNA BACK HERE, I THINK YOU MIGHT ACTUALLY, ESPECIALLY NOW THAT THIS IS A WRAP PRODUCT.

THERE ARE NOT RENTS IN THIS PART OF FRISCO FOR THAT BUILDING. IT'LL TAKE SOME TIME TO GET THERE. SO YOU MAY HAVE KIND OF A NATURAL PHASING ON THE MULTIFAMILY HERE FOR APPRAISAL PURPOSES. I'M SURE YOUR CITY MANAGER WOULD LOVE TO GET IT SOONER RATHER THAN LATER. RIGHT.

AND CHRISTIAN IS INCENTIVIZED TO GET IT DONE SOONER THAN LATER. BUT IT'S TOUGH IN ON THAT DIRT TO BUILD A ROUTE PRODUCT. I MEAN, I'VE TALKED TO FOR MULTIFAMILY CLIENTS I HAVE TRYING TO GET THEM INTERESTED IN IT, AND THEY'RE LIKE, NOPE, I'LL DO SURFACE PARK, BUT I CAN'T GET RENTS FOR MULTIFAMILY IN THAT PART OF PROSPER. SO I THINK YOU'VE GOT SOME NATURAL PHASING BUILT IN HERE THAT WE'RE GOING TO HAVE TO SWIM UPSTREAM AGAINST. BUT IT SOUNDS LIKE IT'S WITHIN REASON. PERHAPS THAT BUILDING STARTS ON THE HOTEL. YOU GET A BUILDING PERMIT, AND THAT WOULD HAVE TO HAPPEN BEFORE THE MULTIFAMILY. IT SOUNDS LIKE JUST A NATURAL PROGRESSION. IT SOUNDS LIKE THAT'S WHAT YOU'RE DOING ANYWAY. IT'S PROBABLY GOING TO HAPPEN, YOU KNOW, JUST PUTTING IN WRITING. AND THEN I THINK, YEAH, IT FLOWS THROUGH TO THE NEXT PHASE OF MEETINGS THAT

[02:35:02]

THIS IS THIS DOES HAVE PROSPER. ISD THINK IT'S THE NUMBER ONE ISD IN THE STADIUM MOVING HERE, PROBABLY FOR THE SAME REASON. AND SO I'M HEARING CONFLICTING. I'M A SALES GUY, SO I THAT'S JUST WHAT I DO. WELL LET'S TALK ABOUT THAT. YEAH SO I DID HAVE A PRETTY GOOD DISCUSSION A COUPLE OF WEEKS AGO ABOUT WHO WOULD BE COMING TO THIS PROJECT. YES, IT IS. I THINK THERE MIGHT HAVE BEEN SOME CONFUSION, WHO'S COMING TO THIS PROJECT? IS A LOT OF PEOPLE WITHIN A 20 MILE CATCHMENT. OKAY. THAT'S THE RETAIL VILLAGE, THE MOVIE THEATER, THE WEDDING VENUE. THE PEOPLE THAT ARE COMING TO THAT ARE FROM PROBABLY A 15 TO 20 MILE CATCHMENT. WE'VE RUN THE FIVE TOP PSYCHOGRAPHICS THAT WILL BE COMING TO THIS PROJECT. WHO LIVES IN THE MULTIFAMILY.

AND I WANT TO I WANT TO CLARIFY THIS FROM A COUPLE OF WEEKS AGO. WHO WHO LIVES IN THIS MULTIFAMILY, WE THINK IS THAT URBAN YOUNG I MEAN, THE YOUNG, EDUCATED PROFESSIONAL THAT'S WHO'S PROBABLY GOING TO BE LIVING IN THERE MIGHT BE SOME COUPLES, THESE ARE ONE AND TWO BEDROOM UNITS. THE MAJORITY OF THEM ARE GOING TO BE ONE BEDROOMS. IT'S NOT THEY'RE NOT CATERING TO FAMILIES IN THAT MULTIFAMILY. AND YOU NEED THAT HOUSING TYPE IN PROSPER. BUT AS A AS A PROJECT YOU'RE GOING TO BE DRAWING PEOPLE FROM ALL ACROSS YOUR CITY, HOPEFULLY UP FROM PLANO AND FRISCO, DOWN FROM SALINA, YOU'LL HAVE PEOPLE COMING ACROSS 380 FROM MCKINNEY, RICHARDSON, ALLEN. SO IF WE DO OUR JOB HERE, THEY'LL BE COMING FROM ALL OVER BECAUSE IT'S DIFFERENT THAN THE LUXURY OFFERING AT LEGACY WEST AND FIELDS WEST. AND WHAT IS HAPPENING AT GATES OF PROSPER. YOU'VE GOT A DIFFERENTIATED CURATION HERE THAT'S GOING TO BE REALLY IMPORTANT. WITH. THE MOVEMENTS OF THIS. I TURNED IT OFF. THEY WON'T BE MOVING INTO ALL OF THIS. THEY'LL BE MOVING INTO A MULTIFAMILY FACILITY THAT REALLY HAS, NONE OF THOSE OTHER THINGS FOR ANOTHER, WHAT, FIVE YEARS? 4 OR 5 YEARS BEFORE ALL OF THOSE OTHER RETAIL AMENITIES AND ALL THAT OTHER STUFF IS BUILT, I THINK. I MEAN, YOU'LL HAVE THE, THE MEDICAL FACILITY, BUT OUTSIDE OF THAT, YOU ARE I MEAN, IS YOUR INTENTION TO ATTRACT THOSE YOUNG URBAN PROFESSIONALS TO, WITHIN THE FIRST THREE, FOUR YEARS OF THE MULTIFAMILY OF THIS PHASE ONE DEVELOPMENT'S EXISTENCE? NO, I THINK LAST TIME WE DISCUSSED TO, COMMISSIONER JACKSON WAS SAYING, RIGHT, SOME OF THE ATTRACTIONS WERE LIKE, HEY, BAYLOR GOES ONLINE, RIGHT? THIS BAYLOR AT PGA, THAT'S LIKE THIS YOUNG URBAN PROFESSIONALS THAT NEED AN APARTMENT. SO WE DID COMPS ON ALL OF THAT. RIGHT. WHAT'S THE COMPS OF RENTED GATES OF PROSPER? WHEN WE CHANGED IT TO STRUCTURE, THE RENTS WENT UP. AND THAT WAS ONE OF THE CHALLENGE WE HAD. BUT THEY WOULD COME LIKE MAYBE ONE B'ZZ COMMISSIONER WAS SAYING, MAYBE IT'S A PHASE ONE B FOR MULTIFAMILY, EARLIER IT WAS LIKE SURFACE PARK PROBABLY RENTS WOULD BE IN THE 1600 RANGE. NOW IT'LL BE 2000 RANGE BECAUSE WE HAVE A GARAGE. IT INCREASED THE COST. EACH CAR PARK IS LIKE 20,000. SO IT'S LIKE YOUR COST INCREASES, THE RENTS INCREASE. SO IN THAT TERMS THAT'S WHERE WE'LL NOT HAVE A CATCHMENT TOO FAR AWAY. BUT WE'LL STILL HAVE LIKE YOUNG PEOPLE WORKING IN A HOSPITAL THAT'S OPENING UP IN SALINA METHODIST OR WHATEVER IS OPENING IN SALINA AND NT AND RIGHT, OR THE NEW PGA NEAR THE PGA, THE NEW BAYLOR OPENS. RIGHT. ALL THESE HEALTH CARE PROFESSIONALS, THOSE NEED TO STAY IN THIS COMMUNITY. RIGHT? 15, 20 MINUTES. THAT'S THE TARGET WE HAVE. AND THIS OFFERS LIKE A GOOD MIX OF THEY MIGHT NOT HAVE KIDS. THEY HALF OF THEM MIGHT NOT CARE ABOUT ISD, BUT HALF OF THEM MIGHT CARE ABOUT ISD. IF THEY HAVE KIDS AND THEY STILL WANT TO LIVE IN A ONE BEDROOM OR TWO BEDROOM, BUT THE THING IS, LIKE CARBON WILL BE THE LIFESTYLE THING FOR THEM, RIGHT? I'M A FITNESS FREAK. I HAVE TO GO UP, GET TO THE GYM AND GO TO WORK, RIGHT THERE, PART OF THE CARBON LIFESTYLE, THAT'S THAT'S THE TARGET WE'RE GOING. AND EVENTUALLY, AS WE START THIS, THE NEXT PHASES WILL GET ACTIVATED, RIGHT? PHASE TWO IS BEGINNING 50% OF PHASE ONE. LIKE PHASE TWO, THERE'S A LOT OF RETAIL THEATER AND ALL OF THAT.

IT'S COMING ALONG, RIGHT. WE CAN JUST COLOR CODE SOME OF THIS BLUE, LIKE WITH THE RECEPTION FACILITY AND SOME OF THESE BLUE, THE RIGHT SIDE HERE, I DON'T KNOW IF YOU SEE MY MOUSE, BUT THAT'S THAT'S THERE. SO IT'S. YEAH AND HONESTLY, ONCE, IF WE ALL DO OUR JOB AND BUILD THIS, IT WILL DRIVE RENTS IN THE NORTHERN PARTS OF THIS PROJECT. YOU KNOW, THE RENTS IN THESE MIXED USE, WE HAVE EMPIRICAL DATA THAT SHOWS RENTS IN INACTIVATED MIXED USE PROJECTS IS HIGHER. SO THAT'S PART OF THE FINANCE AND ECONOMICS BEHIND DOING THIS, I DO THINK IF YOU GUYS ARE OKAY WITH IT, WE COULD PENCIL IN A ONE, A1B, AND THEN MAYBE COMMISSIONER CARSON, I'M NOT SURE WHO SUGGESTED THIS. WE MAY NEED TO FLIP THE COLORS ON TWO AND THREE AND TRY TO BUILD

[02:40:05]

NUMBER ONE, THE CONFERENCE AND CONVENTION CENTER. WE SEE THAT THERE. WHAT WE HAVEN'T REALLY TALKED ABOUT THAT A LOT. MAYBE THE FIRST GO AROUND WE DID. HOW MANY PEOPLE DOES THAT BRING IN.

KIND OF EXPLAIN WHAT THAT LOOKS LIKE WHAT THE SIZE IS. THE SECOND PART OF MY QUESTION IS THE RETAIL, WHICH WOULD BE THE I THINK THE INDOOR SKI FACILITY IS WHAT'S BEEN DISCUSSED IN THE PAST, WHICH WOULD BE THE SOUTHEAST CORNER AND LOOKING WHERE IT'S AT, AND I'M LOOKING AT WHERE TRAFFIC WILL BE, BECAUSE THAT SEEMS LIKE IF THAT'S AS COOL AS IT SOUNDS LIKE, THAT'S GOING TO DRAW PEOPLE THERE. SO WHAT I'M TRYING TO DO TO UNDERSTAND YOUR SIDE IS HOW DO WE GET THE RETAIL WE WANT, MANAGE THIS MULTIFAMILY AND GET PEOPLE THERE BECAUSE IF THAT'S AS COOL AS IT SOUNDS, I THINK PEOPLE ARE GOING TO FLOCK THERE AND THEN I DON'T KNOW WHAT THE CONVENTION PART OF THIS BRINGS EITHER. SO MAYBE KIND OF WALK THROUGH THAT A LITTLE BIT.

YEAH. SO THE CONVENTION CENTER DOES TWO THINGS. IT'S 8000FT■!S. THE MAIN BALLROOM IS 8000FT■!S.

SO, JUST LOOKING AT HOW MANY PEOPLE THAT, THAT FITS. RIGHT. SO STAND UP IS ABOUT 12FT■!S PER PERSON. SO YOU CAN DO THAT MATH. SIT DOWN IS AROUND 24FT■!S PER PERSON. SO THE IDEA IS THAT IT'S A SUPER HIGH TECH, CONFERENCE CONVENTION BUILT IN, A TECHNOLOGY. RIGHT. SO YOU COULD DO A, YOU COULD DO AN ESPORTS THING AND, YOU KNOW, RYAN GEPHARDT WANTS TO BE ABLE TO, SIMULCAST OPERATIONS AT, AT BAYLOR SCOTT AND WHITE. SO IT'S A HIGH RES, THAT SORT OF THING.

SO THAT'S HOW WE'RE TRYING TO DRIVE THAT, THAT BUSINESS. AND THERE'S A TIME WHEN ATHLETES AND TEAMS BOOK AND THEY BOOK SIX, EIGHT MONTHS OUT. RIGHT. AND THEY'RE ALREADY BOOKED. SO THERE'S A PERIOD WHERE WE OPEN AND THEY'VE ALREADY BOOKED SOMEWHERE ELSE. WE WANT THAT CONVENTION BUSINESS. SO THAT'S THAT'S WHAT WE'RE DOING TO FILL OUR GAPS. RIGHT. AND THAT'S WHY WE ADD THE ESPORTS. THOSE ESPORTS ARE THEY WANT TO BE AROUND TRADITIONAL ATHLETES, BUT THEY ALSO WILL MAKE A DECISION TO COME TO A BIG EVENT THAT QUICK SO WE CAN GET THEM ONE OFF. RIGHT. SO THAT'S THAT'S THE REASON FOR THAT. THE BOTTOM SECTION, THE RETAIL, WE HAVE TWO THINGS TO GO THERE. ONE IS CALLED SNOW BARN RIGHT. AND THAT'S THAT INDOOR SKI AREA. THE OTHER ONE'S THE LEGO IDEA. THE DIFFICULTY WITH THAT IS THEY'VE GOT TO HAVE ACCESS TO IT. AND THERE'S THE WHOLE LAY DOWN FOR THE REST OF THE CONSTRUCTION HAPPENING. RIGHT. AND THE WATERWAY HAS TO BE IN PLACE FOR THAT LOWER RETAIL TO BE IN. I WANT TO DO THAT. I I MEAN, I WOULD LOVE FOR THAT BLUE TO BE SORT OF A DIAGONAL ACROSS THERE, TO BE I, I'M WORRIED ABOUT THE HOTEL. I MEAN, THAT THE HOTEL ON THE LEFT IS CALLED VOSE. RIGHT? THAT'S THE 80 ALL SUITE HOTEL.

IT'S EXPENSIVE. RIGHT YEAH. I MEAN, THAT'S THAT'S THE CREAM OF THE CROP THAT CAN'T OPEN WITH DIRT. YOU KNOW, THAT'S GOT TO BE. AND YOU'RE BOOKING THOSE EVENTS, RIGHT? SO YOU YOU BUILD A YOU BUILD THE FACILITY ON THE OTHER SIDE, WHICH IS ABOUT A MILLION BUCKS, A MILLION AND A HALF. AND THEN THERE'S NO PLACE FOR PEOPLE TO STAY, TO HAVE A WEDDING OR YOU WALK THROUGH A CONSTRUCTION ZONE. I'M WITH YOU. I WANT TO BUILD BOTH AT THE SAME TIME BECAUSE WE THINK WE'RE ABOUT 104 WEDDINGS TWICE A WEEK FOR THAT FACILITY. SO I WANT TO BUILD IT AS SOON AS I CAN. BUT BUT WHEN YOU GET MARRIED AND YOU WALK ACROSS THE BRIDGE, IT CAN'T BE YELLOW TAPE. YEAH ONE OTHER QUICK POINTER TO, COMMISSIONER CARSON AND, WE COULD POTENTIALLY ONE OF THE. I KNOW WE HAVE BEEN LOOKING AT SOME OF YOUR CONCERNS. WE COULD DO A1A AND ONE B FOR LIKE, YOU KNOW, THE CARBON WOULD BE ONE A, SO IT'LL START CONSTRUCTION AND THEN ONLY WE'LL START MULTIFAMILY. ONLY WE COULD BREAK UP. THAT'LL ADDRESS MOST OF THE CONCERNS BECAUSE ONE A YOU'RE GETTING ALL THE CONFERENCE AND EVERYTHING. RIGHT. YOU'RE SEEING THAT CARBON HAS STARTED BEFORE. AND THE CREEK LIKE ALL INFRASTRUCTURE IS DONE. CREEK IS DONE. IT'S ALMOST READY. I KNOW, COMMISSIONER HARRIS EARLIER WAS SAYING IT'S BAD. READY IF YOU GET A IF YOU IF YOU GET SOMEBODY, WE'LL BUILD IT. WE WANT TO BUILD IT RIGHT. IF YOU GET SOMEBODY, WE'LL BUILD IT. BUT WE'LL HAVE THE CREEK READY AND ALL OF THIS READY. WE MAKE ONE A, FOR CARBON AND THE EXPO TWO TOWER AND THE RETAIL AND EVERYTHING THAT COMES WITH CARBON AND OUTDOOR RECREATION, AND THE PARKING GARAGE. AND ONE B WOULD BE THE MULTI-FAMILY. WOULD THAT WOULD THAT ADDRESS SOME OF YOUR CONCERN THAT, HEY, WE'LL BECAUSE THAT SHOULD PRETTY MUCH BECAUSE I'M TRYING TO DO EVERYTHING THAT I DON'T WANT TO LOSE CARBON TO SOME OTHER TOWN OR CITY HERE. RIGHT, AS A LANDOWNER, I'M DOING EVERYTHING TO MAKE SURE IT FITS IN. AND WE ARE PLEADING WITH YOU, PROSPER, TO JUST MAKE SURE YOU HELP US

[02:45:01]

YEAH BUT IT GOES BOTH WAYS. RIGHT. LIKE WE'RE IN THIS TOGETHER. IT WOULD BE IN THE ZONING. THAT'S HOW YOU WOULD KNOW. I MEAN YEAH IT'S PART OF THIS. WE'RE WE'RE APPROVING THE IF WE'RE CHANGING THE ZONING THEN THAT'S HOW YOU. YEAH IT SHOULD ALL BE THERE. YEAH. YEAH.

WE'RE WE'RE TRYING TO WORK THROUGH THE PHASING TO ACCOMMODATE WHAT YOU WANT AND WHAT WE ALSO WANT AS A TOWN. SO THAT'S WHY WE'RE HAVING A LOT OF DIALOG. IT SEEMS LIKE I'M HERE.

WE'RE IN GOOD SHAPE ON THIS ONE A AND ONE A, ONE B. THAT SHOULD ADDRESS SOME OF THE CONCERNS.

THE REST OF IT THOUGH, WE'VE HAD A LOT OF DIALOG. AND I GUESS IF ONE OF US IS GOING TO MAKE A MOTION, I JUST WANT TO UNDERSTAND, LIKE THE BLUE AND THE PURPLE, THE PHASE TWO AND THREE, HOW HAVE YOU ADJUSTED THAT? SO THIS RECEPTION, COMMISSIONER HAS THIS RECEPTION FACILITY COULD BE PART OF THE TWO, BECAUSE WHEN THIS WHOLE AREA COMES IN, THERE'S LIKE, YOU KNOW, THOUSANDS OF SQUARE FOOT OF RETAIL, THERE'S A THEATER AND RETAIL. WOULD THAT BE FROM THE RECEPTION FACILITY TO THE RIGHT? IS THAT. YEAH, THIS COULD BE. YEAH, EXACTLY. RIGHT. LIKE HERE WE COULD WE COULD ADJUST THIS. RIGHT. SO IF THERE IS SOMEBODY IF WE GET AN AWESOME TENANT HERE THAT'S COMING IN, WE COULD JUST BRING THEM IN RIGHT AWAY. RIGHT. AGAIN, WE ARE DOING INFRASTRUCTURE IN PHASE ONE ANYWAY. WE'LL BE READY FOR IT I THINK TO CLARIFY ON ONE A, ONE B TO LOOK OUT FOR YOU A LITTLE. MY WAS SUGGESTING ONLY YOU HAVE BROKEN GROUND ON CARBON. YEAH.

AND THEN YOU'RE TRIGGERED AND YOU'RE GOOD. I THINK EARLIER I SAID CO AND I DON'T THINK YOU CAN. THAT'S NOT THE RIGHT IN GOVERNMENT. I THINK THE TRIGGER IS JUST AS LONG AS YOU'VE STARTED THEN YOU CAN GO FULL TILT ON MULTI. I THINK THAT WOULD ADDRESS. YEAH. BECAUSE I THINK THAT'S FAIR. THAT'S WHAT Y'ALL HAVE BEEN TALKING ABOUT ALL NIGHT. OKAY. SO, MIKE THE ENGINEER AND I WERE COLLABORATING BACK HERE AND I'M GOING TO I'M GOING TO SEE IF I CAN DRAW ON THIS. SUZANNE, I CAN'T HELP MYSELF. SO THIS. OH, BOY, OH, BOY. WOW. THIS EFFECT.

YEAH. YOU SPEAK TO A NEW LEVEL NOW. CAN Y'ALL SEE THAT? YEP, YEP. ALL RIGHT. WE COULD SEE THAT. SO THIS BECOMES PHASE TWO. THAT'S WHAT I THOUGHT OKAY. THAT'S WHY THAT'S WHY I WAS ASKING FOR CLARIFICATION FOR IF SOMEBODY WANTS A RECEPTION WITHOUT LOSS BOASTS. EXCUSE ME.

YEAH IT'S NOT IDEAL, BUT IT'S EVENTUALLY GOT TO GET THERE QUICK. AND AGAIN, HE'S INCENTIVIZED TO GET THIS DONE BECAUSE THE WEDDING VENUE DOESN'T REACH ITS PEAK ACTIVATION UNTIL THEY HAVE A HOTEL. THEY CAN STAY IN. BUT AGAIN, IF YOU INCLUDE FOOD, ALL OF THIS INFRASTRUCTURE HERE IS PART OF PHASE ONE, RIGHT. AND SO WHEN WE SAY INFRASTRUCTURE, IT'S ALL THE ENGINEERING FOR THE WATER AND ALL THE WALKWAYS, EVERYTHING TO GET ANYBODY ACROSS THAT WATER FEATURE. RIGHT. IT'S PROBABLY EVERYTHING FIVE FEET BACK FROM THE WALL. MR. CHAIRMAN , BECAUSE THE RESTAURATEURS, FOR INSTANCE, THEY'RE GOING TO WANT TO CURATE THEIR OWN DECKS AND WALKS. WE'RE GOING THROUGH THIS AT PANTHER ISLAND IN FORT WORTH RIGHT NOW, SO, SEAN, I'M GOING TO KEEP SKETCHING HERE. SO THIS IS ONE A WITH THE DECK. SORRY, SORRY, SORRY, SORRY, DOODLING NOW. YEAH. NOW YOU NOW YOU ETCH A SKETCH. EVERYTHING IS BLUE. YOU GOTTA CHANGE COLORS. YEAH.

OH. OKAY, THERE YOU GO. ALL RIGHT. I CAN I CAN CHANGE COLOR. MOSTLY ONLINE. WELL, YOU WON'T BE ABLE TO SEE IT. YOU WON'T BE ABLE TO SEE IT AS PROPERTY COMMISSIONER. YEAH. WHERE'S THE REST? AND I'M LISTENING. AND I'M. AND I'M COMPLETELY LOSING. IT HELPS ME, BY THE WAY, WHEN, WHEN WE CAN COME TO A REAL ESTATE, SCHEDULE OUTSIDE SCHEDULE, THEN IT. IN A WEIRD WAY, IT HELPS ME TO PUSH THE FUNDING. THAT'S ALREADY. AS LONG AS IT'S NOT TOO LIKE STARTING TOMORROW. ALTHOUGH WE'D LOVE FOR YOU TO START IT ALL TOMORROW, BECAUSE EVERYONE WOULD LOVE FOR THIS TO BE DEVELOPED. SO SO AGAIN, THIS I'M GOING TO TRY TO TRY TO DRAW A, A ENOUGH LINES HERE THAT WE KIND OF SEE SOMETHING PERCOLATING TO THE TOP. SO YOU GOT ONE A, ONE B THIS BECOME SORRY THE CREEK AND INFRASTRUCTURE IS PART OF 1B1A. AND THEN THIS SHAPE HERE WHICH HAS TWO ENTRIES. THIS IS WHAT MIKE AND I WERE TALKING ABOUT. IF YOU'RE GOING TO BUILD THE

[02:50:04]

THAT'S SMALLER. CAN YOU. YEAH. CAN YOU DO THIS REALLY QUICK FOR ME BARRY. HOW ABOUT THIS. USE THE RED OUTLINE. BECAUSE WE'RE GOING TO HAVE TO PUT THIS INTO A MOTION. AND THERE'S NOT GOING TO WE'RE GOOD. WE KNOW HE HE DREW GOOD LINES. HANG ON. DON'T MAKE HIM DO IT AGAIN. I DIDN'T TELL HIM TO ERASE IT AT ALL. I KNOW, BUT I WAS SAYING WAS I'M GOOD. I'M GOOD WITH WHERE I WAS ASKING HIM TO DO WAS TO. I DID NOT ASK YOU TO. I'M GOOD WITH WHERE HE DID IT, DREW IT. THAT'S THE LEAST OF MY ISSUES. BUT HOW ARE YOU GOING TO GET PAID TO BE ABLE TO WRITE DOWN. RIGHT. HERE WE GO. YEAH. THAT ONE I'M NOT ABLE TO SEE RIGHT NOW. LET'S GO BACK TO BLUE. I THINK WE CAN MAKE IT PRETTY GOOD. I THINK WE'RE READY TO DO. IT'S GOING TO BE A LONG MOTION, BUT IT'S NOT. IT'S PRETTY SIMPLE. IT'S BASELINE. YEAH ALL RIGHT. SO THERE'S YOUR PHASE ONE A. THIS IS HARD TO DO WITH A MOUSE. YOU GUYS STICK WITH ME. SO THERE'S YOUR ONE A YOU SEE THAT. YEP YEP YEP. ALL RIGHT ONE B WELL I TRIED RED AND WE COULDN'T SEE IT. LET'S DO THIS. OKAY. SO THIS WILL BE ONE B WHICH CAN START AS SOON AS THEY GET FOUNDATION I THINK YOU HAD SOMETHING. YEAH. WELL, WHEN, WHEN THE BUILDING PERMIT STARTED ON THE HOTEL CONVENTION CENTER, MEDICAL OFFICE, AND, I GUESS PARKING GARAGE. SO YOU GET ALL THAT BUILDING PERMIT, THEN YOU'D HAVE A TRIGGER. A TRIGGER? YEAH, BUT A BUILDING PERMIT. SO YOU. DOESN'T MEAN IT'S COMPLETED, RIGHT? IT MEANS IT'S JUST UNDER CONSTRUCTION. SO WE KNOW THE HOTEL AND ALL THAT'S GOING TO BE THERE. OKAY, LET ME USE THIS COLOR NOW, WHICH IS NOT GOING TO BE VISIBLE WITH THE BLACK. SO WE'LL DO BLACK. OKAY. HERE WE GO. SO THIS IS PHASE. PHASE. IT'S ALL DONE. IT'S CALLED A SYSTEM PROGRAM. SO WE CAN DEFINITELY CLEAN THIS UP. ON THE LINE. SO THAT. AND THEN LAST BUT NOT LEAST, LET ME DO THIS. OH, LOOK AT THAT. WOW ALL RIGHT. AND THEN THIS FAT LINE HERE. OH MY GOD, THAT IS SO MUCH BETTER.

THAT'S WHY WE HAVE STAFF WITH US TONIGHT. AND THAT'S YOUR FINAL PHASE RIGHT THERE. I THINK THAT WORKS LOGISTICALLY, LET ME GO BACK. AND IS THIS GUY. YEAH, IT WILL BE. THIS IS THE FIRST TIME I'VE EVER DRAWN IN FRONT OF A PLANNING COMMISSION. I WANT TO SAY THAT SO YOU GUYS ARE AMAZING , YOU'RE GOOD AT COVERING KINDERGARTEN? WELL HE'S. WELL, HE'S, CLARIFYING FOR US ON. MAKE SURE I SAY IT RIGHT. VOTES ON VOTES IN THE. I GOT A COUPLE GUIDELINE. JUST WRITING QUESTIONS. HOW DO WE QUALIFY WHAT THE KIND OF THE QUALITATIVE SIDE OF THOSE IS? I MEAN, WE JUST KIND OF SAY HOTEL. IT'S A PRETTY BROAD TERM, BUT. POLICY, OKAY. AND IT'S, SAVIOR ON THE CROSS SECTION OF MUSIC. ART. SO THE, YOU KNOW, IS THE LOBBY HAS, IS GLASSED IN, AND SO YOU'RE SEEING THE WAY YOU'RE SEEING THE FACE, YOU'RE SEEING THE CHOCOLATE, ALL THAT SORT OF STUFF. IF IT GOES FOR A WEDDING. BUT IT'S ALSO THERE'S A THERE'S A ROOFTOP COCKTAIL LOUNGE. GREAT PLACE TO WATCH. AND THEN. SO HOW DO WE HOW DO WE CAPTURE THAT? BECAUSE RIGHT NOW OUR THE, THE WRITING OF DEVELOPMENT STANDARD IS LITERALLY JUST HOTEL. YEAH. WE WILL MORE THAN HAPPY TO USE OUR LANGUAGE THAT'S WHAT. ALSO OR I DON'T KNOW THE RIGHT ANSWER TO THE QUESTION, BUT LIKE A FOUR

[02:55:13]

WE'RE ABLE TO WE'RE ABLE TO SPECIFY THE, THE TIER OF HOTEL. NO I'M SAYING, NOT JUST IN THEIR SPECIFIC BUT IF THEY WERE TO SELL AND SOMEONE ELSE WILL COME IN, WE'RE ABLE TO SAY THAT NO ONE CAN BUILD ANYTHING OTHER THAN A FOUR STAR HOTEL IN THIS PLACE. THAT'S THE ZONING THAT WE'RE. IT'D BE SIMILAR TO WHAT WE DID WITH THE EXTENDED STAY USING THE HO2. AND SO THIS WOULD HAVE THE PARAGRAPH TIED TO IT. OKAY HOW'S THAT LOOK? AS A SCHEMATIC WE CREATE A BUILDING PERMIT ON THIS DATA LIKE IT'S GOOD. NO WAY TO GET ONE A TO GO DOWN AND GET THAT SOUTHEAST CORNER AS. WELL WE GOT TO DO WE GOT TO DO THE FLOODWAY STUFF FIRST. YEAH THAT'S TRUE. YEAH IT COULD BE A ONE DAY. ONE. SEE. 13 OKAY. ONE I'M GOING TO KEEP KEEP MOVING. I HAVE TWO OTHER QUESTIONS PROBABLY FOR OUR TEAM MORE THAN OKAY. LET'S CLARIFY THAT YOU MAY WANT THE DEVELOPMENT GUIDELINES FOR MIXED USE. THIS IS GOING TO BE VERY SPECIFIC. SO YOU MIGHT WANT TO LOOK AT IT. THIS IS JUST A CLARIFICATION MORE THAN FOR STAFF. PROBABLY SO JUST ONE QUICK COMMENT ON CHAIRMAN HERE TO TOUCH ANYTHING ON THE SOUTH OF IT, OUR ENGINEER, LIKE MIKE CAN CONFIRM WE NEED ALL THE FIRE LANES AND ALL THE INFRASTRUCTURE GOING JUST SO THIS. THERE'S NO WAY WE CAN JUST GET A SMALL PIECE OF IT, BECAUSE WE HAVE TO GET THESE ENTRIES. THIS PARKING AND ALL OF TWO POINTS, AND THAT'S THAT'S A CHALLENGE. SO I'M GOING TO MAKE. ALL RIGHT. SO 5.2.3. YEAH. SO YOU GUYS CAN BE IMPRESSED. THAT'S FINE. IT TALKS ABOUT THIS IS PROBABLY A SIMPLE ADD. I DON'T THINK THE APPLICANT WILL CARE. BUT IT TALKS ABOUT STUCCO. YES. AND THIS REALLY PERTAINS AS MUCH TO THE ONE B. AND WELL REALLY IN THE MIXED USE PIECE WOULD BE THE HOTEL IS WHAT I'M KIND OF THINKING. BUT, SORRY, I'M TRYING TO. I SCROLLED AND I LOST MY PLACE. CAN WE JUST SIMPLY ADD, IS IT REASONABLE TO ADD. SORRY, LET ME GET TO IT. 5.2.3. OKAY LET'S TALK ABOUT THIS. THE 10% IS DOWN LOW AND IT INCREASES AS YOU GO. WE DON'T TYPICALLY WANT STUCCO DOWN LOWER BECAUSE YOU DON'T WANT IT WITHIN REACH. AND THEN AS WE GO HIGHER UP INTO THE BUILDING, I THINK IT SAYS 30% ON THE SECOND AND THIRD STORIES, MAXIMUM 50% ON FOUR STORY AND ABOVE. I'M OKAY WITH THAT AS WRITTEN. WHAT I WOULD LOVE TO ADD UP ABOVE. IN NUMBER TWO WE TALK ABOUT FIBER CEMENT.

OH, OKAY. I'M SORRY, CAN WE QUALIFY ON THREE STUCCO OR FIBER CEMENT? JUST LIKE THIS OKAY. SO BASICALLY IT'S TRYING TO INCUR WHEN YOU TALK ABOUT A PRIMARY MATERIAL UP ABOVE IT SAYS FIBER CEMENT AND BRICK. WELL ANY GOOD DEVELOPER AND BUILDER IS GOING TO NOT PAY THE PREMIUM OF BRICK WHEN THEY CAN DO FIBER CEMENT. SO IT WOULD ENCOURAGE A LITTLE HIGHER QUALITY MATERIAL ON THE PRIMARY COMPONENT, AND IT WOULD LIMIT THE LESS EXPENSIVE MATERIALS OR THE LESS APPEALING MATERIALS OF STUCCO AND FIBER CEMENT. SO YOU WANT TO REMOVE FIBER CEMENT AND LEAVE IT AS, BRICK OR STUCCO, I WOULD REMOVE FIBER CEMENT FROM TWO TWO AND ADD IT IN THREE. SO YOU COULD USE IT BECAUSE IT MAKES SENSE IN MULTIFAMILY AND SOME OF THOSE OTHERS ON UPPER FLOORS. YOU LOOK

[03:00:06]

THIS HAPPENS TO BE A RANDOM .1. VERY RANDOM ONE I KNOW. BUT IT STARTS THE MINIMUM OF SIX.

AMENITIES WILL BE PROVIDED IN THE OPEN SPACE. RIGHT. NO WE STRUCK THE AMENITIES FROM OH, THIS IS IN OKAY. I'M SORRY. SO THIS IS WITHIN A REASONABLE CONSTRAINTS. AND WHAT WAS THE QUESTION? WELL SO MY GENERAL QUESTION IS I LOVE ABOUT HALF OF THESE I THINK ARE APPROPRIATE WHAT I WOULD CALL AN AMENITY, FITNESS STATION, DECORATIVE PAVEMENT, BENCHES. I DO NOT THINK OF THOSE AS AMENITIES. AND, AND I'M AND I'M KIND OF SOMEBODY ACTUALLY MADE A COMMENT AND I NOTICED THIS AT THE GATES. THIS I DON'T KNOW HOW IT'S WRITTEN, SO I DON'T WANT TO IT'S PER WHAT'S APPROVED. BUT IF YOU'RE GOING TO HAVE AMENITIES, THEY SHOULD BE SOMETHING THAT PROVIDE REAL VALUE TO YOUR TO YOUR USER. I THINK THE FITNESS STATIONS ARE GREAT, SHADE STRUCTURES ARE GREAT, PERGOLAS SPORT COURTS, FIRE PITS, WATER FEATURES, ALL THAT'S GREAT.

THAT'S THAT'S WHAT I WOULD DEFINE AS AMENITY BENCHES AND DECORATIVE PAVEMENT DO NOT FEEL LIKE AMENITIES. AND IF YOU PARTICULARLY GO TO THE GATES THERE'S LIKE NO BENCHES ANYWHERE , AND SO LIKE I SAID, ANOTHER CITIZEN HAPPENED TO COMPLAIN ABOUT IT. AND THEN ONCE YOU NOTICE IT, YOU CAN'T EVER LOOK PAST IT. SO I MIGHT IF YOU, IF I KNOW IT SEEMS MEANINGFUL OR MEANINGLESS, BUT YOU'RE ONLY GIVING SIX FOR THE WHOLE THING ANYWAY, I HAVE A FEELING NATURALLY YOU'RE GOING TO PROBABLY DO MORE. LIKE A POINT EIGHT IS ALL ABOUT, YOU KNOW.

YEAH. ANY OTHER SIMILAR RECOMMENDATIONS? WE HAVE BEEN. WE HAVE LANDSCAPE ARCHITECTS, SEPARATE TABLES. LOVES TO TALK TO US. BUT AGAIN, THAT'S THAT'S SOMETHING THAT. AND SO THE BENCHING I DO THINK IT'S IMPORTANT TO NOT APOLOGIZE FOR THAT BECAUSE I WOULD ARGUE THERE SHOULD BE A LOT MORE, BUT THAT'S PROBABLY GETTING MORE. YEAH, I'M PROBABLY AND I'LL JUST CHIME IN A LITTLE BIT. I THINK, YOU KNOW, IF THE PLAN WERE TO COME IN WITH LIKE 2 OR 3 BENCHES, YOU KNOW, THE DIRECTOR EVALUATE THAT AND IT'S LIKE, OKAY, LET'S DO A LITTLE BIT MORE. LET'S ENHANCE THAT AND HAVE LIKE SEATING AREAS. YOU KNOW, I, I'M NOT GOING TO SPEAK FOR DAVID, BUT, BUT, YOU KNOW, AREAS OF DECORATIVE PAVEMENT MIGHT NOT BE JUST A LITTLE STRIP HERE AND THERE, BUT IT'S LIKE A REAL NICE PAVED AREA THAT DOES. WELL, YOU KNOW, IN A CONGREGATING THERE.

YEAH. THAT WAS THE THOUGHT BEHIND IT. SO SUPER IN THE WEEDS. BUT GO TO GLORIA'S AND I BET YOU WOULD QUALIFY THAT AS DECORATIVE PAVING AND BENCHES. AND IT'S VERY, VERY POOR FOR THE FACILITY THAT AGAIN, I CAN'T LOOK PAST IT NOW, BUT WHAT ARE YOU ASKING? IT'S NOT A GENSLER DESIGN. WHAT ARE YOU ASKING FOR THE CHANGE TO BE JUST THIS AND THREE OUT. TAKE TWO AND THREE OUT. YEAH, I THINK THEY'RE GOING TO PROVIDE BENCHES AND DECORATIVE PAVEMENT FOR THE

[03:05:01]

[03:10:07]

[5. Review actions taken by the Town Council and possibly direct Town Staff to schedule topic(s) for discussion at a future meeting.]

THANKS FOR THAT DATE. WE COULD HAVE TRIED THIS MEAL PLAN OUT TONIGHT, BUT THAT'S WELL AS IT TURNED OUT, I WANT TO GO BACK AND SPEND ANOTHER 30 MINUTES BACK EATING. BUT, QUICK COUPLE OF MINUTES. LET'S TALK ABOUT FOOD, WE'VE GOT, A COUPLE OF OPTIONS IF WE, SET UP SOMETHING, FOR INSTANCE, WE KEEP DOING THE WORKSHOPS AND START THEM AT 5 OR 530. YOU KNOW, WE COULD START THEM AT FIVE. AND TO GET HERE WHEN YOU CAN GET HERE. SO TO SPEAK. AND, AND IF WE DO SOMETHING LIKE THAT, THEN WE CAN HAVE FOOD HERE AT ABOUT 5:00 TO WHERE, WHEN YOU GET HERE, YOU

[03:15:03]

OH SORRY. IF YOU'RE DOING THE FOOD, IF IT'S DELIVERED AT FIVE AND YOU COME IN I BECAUSE WE DON'T KNOW WHAT A SHORT MEETING, WHAT SORTS OF MEETINGS CAN ACTUALLY BE TRUE. SO THERE MAY NOT BE ANYMORE. YOU KNOW TO ME IT'S BEST THE EASIEST WAY IS JUST HERE AT FIVE. YOU CAN COME AND GET HERE OR NOT AND EAT BEFOREHAND AND THEN THAT'S. YEAH, LET'S JUST DO THAT CHICK FIL A, THE SANDWICH SHOP, ALL THAT STUFF Y'ALL HAD IN THE PAST , IT'S ALL BEEN GOOD. OR TRY IT.

DO ONE DIFFERENT EVERY WEEK. WHATEVER YOU LIKE. YEAH, YEAH, I THINK IF IT'S HERE, PEOPLE WILL BE HAPPY. SO I THINK VARIETY IS GOOD. THEY CAN ALWAYS GO UPSTAIRS TO THE SAME THING EVERY TIME. BUT NO I APPRECIATE THAT EXPERIMENT. YEAH. TRY OUT A NEW PLACES. YEAH, YEAH. SEE WHAT'S GOING ON. I'M ON. MOVE AS LONG. ITEM SIX. MOVE TO ADJOURN TO HAVE A MOTION TO ADJOURN. GOT A MOTION, COMMISSIONER JACKSON, SECOND. SECOND. COMMISSIONER HAMILTON. HARRIS. ALL THOSE IN FAVOR? WE ARE ADJOURNED. 6 TO

* This transcript was compiled from uncorrected Closed Captioning.