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[00:00:01]

FOR SURE, BRO. YOU ALL READY? ALL RIGHT. GOOD EVENING, AND WELCOME TO THE JANUARY 20TH,

[1. Call to Order / Roll Call.]

2026. PROSPER PLANNING AND ZONING COMMISSION REGULAR MEETING. OF. THE MEETING IS CALLED TO ORDER AT 631. PLEASE NOTE FOR THE RECORD THAT ALL COMMISSIONERS ARE PRESENT THIS EVENING, WITH THE EXCEPTION OF COMMISSIONER HAMILTON, WHO NOTIFIED US EARLIER OF HIS ABSENCE. ADDRESSING THE COMMISSION, CITIZENS AND VISITORS ATTENDING PLANNING AND ZONING COMMISSION MEETINGS SHALL OBSERVE THE SAME RULES OF PROPRIETY, DECORUM AND GOOD CONDUCT APPLICABLE TO MEMBERS OF THE COMMISSION. ANY PERSON MAKING PERSONAL, IMPERTINENT, PROFANE OR SLANDEROUS REMARKS WILL BECOME BOISTEROUS WHILE ADDRESSING THE COMMISSION OR WHILE ATTENDING THE MEETING SHALL BE REMOVED FROM THE ROOM, IF SO DIRECTED BY THE COMMISSION OR PRESIDING OFFICER, AND THE PERSON SHALL BE BARRED FROM FURTHER AUDIENCE BEFORE THE COMMISSION DURING THAT SESSION OF THE MEETING, DISRUPTION OF A PUBLIC MEETING COULD CONSTITUTE A VIOLATION OF SECTION 42.05 OF THE TEXAS PENAL CODE. THE NEXT ITEM ON THE AGENDA IS ITEM NUMBER TWO, THE PLEDGE OF ALLEGIANCE. IF EVERYONE PLEASE RISE AND JOIN ME IN THE PLEDGE. I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA AND TO THE REPUBLIC FOR WHICH IT STANDS. ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL. THE NEXT ITEM ON THE AGENDA IS OUR CONSENT AGENDA. ITEMS PLACED ON THE

[CONSENT AGENDA]

CONSENT AGENDA ARE CONSIDERED ROUTINE IN NATURE AND ARE CONSIDERED NON-CONTROVERSIAL.

THE CONSENT AGENDA CAN BE ACTED UPON IN ONE MOTION. IT MAY BE REMOVED FROM THE CONSENT AGENDA BY THE REQUEST OF A COMMISSIONER OR MEMBER OF STAFF. DO WE HAVE A MOTION FROM ANY OF THE COMMISSIONERS FOR APPROVAL, OR TO REMOVE ANYTHING OFF THE CONSENT AGENDA ITEM? MR. CHAIR, I MOVE THAT WE APPROVE CONSENT AGENDA ITEMS THREE THROUGH THREE F WE HAVE A MOTION TO APPROVE CONSENT AGENDA ITEMS THREE EIGHT, THE THREE F FROM COMMISSIONER BLANCHARD. DO WE HAVE A SECOND? SECOND? WE HAVE A SECOND FROM COMMISSIONER CARSON. ALL IN FAVOR, PLEASE RAISE YOUR HAND. MOTION CARRIES 6 TO 0 FOR APPROVAL. CITIZEN COMMENTS. THE PUBLIC IS INVITED TO ADDRESS THE PLANNING AND ZONING COMMISSION ON ANY TOPIC. HOWEVER, THE COMMISSION IS UNABLE TO DISCUSS OR TAKE ACTION ON ANY TOPIC NOT LISTED ON THE AGENDA. THOSE WISHING TO ADDRESS THE COMMISSION MUST COMPLETE THE PUBLIC COMMENT FORM LOCATED ON THE TOWN'S WEBSITE ON THE COUNCIL CHAMBERS. IF YOU ARE ATTENDING ATTENDING IN PERSON, PLEASE SUBMIT THIS FORM TO THE BOARD CHAIR OR STAFF MEMBER. WHEN CALLED UPON, PLEASE COME TO THE PODIUM AND STATE YOUR NAME AND ADDRESS. FOR THE RECORD, PLEASE LIMIT YOUR COMMENTS TO THREE MINUTES IN MULTIPLE. IF MULTIPLE INDIVIDUALS WISH TO SPEAK ON A TOPIC, THEY MAY YIELD THREE MINUTES TO ONE INDIVIDUAL APPOINTED TO SPEAK ON THEIR BEHALF. ALL INDIVIDUALS YIELDING THEIR TIME MUST BE PRESENT AT THE MEETING, AND THE APPOINTED INDIVIDUAL WILL BE LIMITED TO A TOTAL OF 15 MINUTES. DO WE HAVE ANY? NOPE. I SEE NO PUBLIC COMMENT FORMS

[4. Consider and act upon a request for a Preliminary Site Plan for Restaurant and Retail Buildings on Frontier Gateway, Block A, Lots 1-11, on 34.6± acres, located on the southwest corner of Dallas Parkway and Frontier Parkway. (DEVAPP-24-0110)]

IN FRONT OF ME. SO THE NEXT ITEM ON THE AGENDA IS ITEM NUMBER FOUR. PURSUANT TO SECTION 551.007 OF TEXAS GOVERNMENT CODE, INDIVIDUALS WISHING TO ADDRESS THE PLANNING AND ZONING COMMISSION FOR ITEMS LISTED AS A PUBLIC HEARING WILL BE RECOGNIZED WHEN THE PUBLIC HEARING IS OPEN, FIRST ITEM IS CONSIDER AND ACT UPON THE REQUEST FOR PRELIMINARY SITE.

PLAN FOR A RESTAURANT AND BUILDING ON FRONTIER GATEWAY BLOCK A LOT ONE DASH 11 ON 34.6 ACRES. LOCATED ON THE SOUTHWEST CORNER OF DALLAS PARKWAY AND FRONTIER PARKWAY. DEVELOPING A AB EXCUSE ME APP. DASH 240110. MR. CHAIR, THIS ITEM WAS TABLED PREVIOUSLY AND REQUEST THAT YOU MAKE MOTION OR THAT A MOTION BE MADE TO REMOVE FROM THE TABLE. SO DO I HAVE A MOTION TO REMOVE THE. REMOVE THE REMOVE THE ITEM FROM FROM TABLE? MOTION. TO REMOVE THE ITEM FROM THE TABLE.

WE HAVE A MOTION FROM COMMISSIONER CARSON. DO WE HAVE A SECOND? SECOND? WE HAVE A SECOND FROM COMMISSIONER FIORI. FIORI? ALL THOSE IN FAVOR OF THE MOTION, PLEASE RAISE YOUR

[00:05:02]

HAND. MOTION IS APPROVED. THE MOVE TO FROM TABLE SIX ZERO. THANK YOU. THIS DEVELOPMENT IS PRELIMINARY SITE PLAN AT THE SOUTH WEST CORNER OF FRONTIER AND DALLAS TOLLWAY. AS MENTIONED, THIS HAD BEEN PREVIOUSLY REVIEWED AND TABLED TO THIS EVENING'S MEETING. THE APPLICANT HAS IS PROPOSING A VARIETY OF RETAIL AND RESTAURANT USES ON 11 LOTS.

THERE IS A PLAN WHICH SHOWS. OPEN SPACE AND WALKING TRAILS. THROUGHOUT THE DEVELOPMENT.

THERE WAS DISCUSSION ON THE DECEMBER AT THE DECEMBER 16TH MEETING, HOWEVER, WITH FEEDBACK FROM THE PLANNING AND ZONING COMMISSION REQUESTING EMPHASIS ON A VARIETY OF HEIGHT OR DENSITY VERSUS ALL SINGLE STORY USE, WHICH IS WHAT IS SHOWN ON THE PLAN CURRENTLY. THERE'S ALSO ADDITIONAL DISCUSSION REGARDING ENHANCEMENT OF WALKABILITY, PARTICULARLY WITH AN EMPHASIS OF THE EAST WEST MAIN CORRIDOR THAT RUNS HALFWAY THROUGH THE SITE, AND ALSO LOCATION OF USES AND BUILDINGS WAS DISCUSSED. THAT'S JUST A VERY BRIEF OVERVIEW, HOWEVER, AND YOU MAY HAVE HAVE HAD MORE INSIGHTS AND THOUGHTS SINCE THEN. THE APPLICANT DID MEET WITH STAFF AFTER THAT MEETING, AND WE DID TALK ABOUT THE DISCUSSION AND WHAT MIGHT BE DONE TO CHANGE THE PLAN OR ALTER THE PLAN. NO CHANGES WERE MADE, HOWEVER. SO WHAT YOU HAVE IN YOUR PACKET TONIGHT IS WHAT WAS REVIEWED AT THE DECEMBER 16TH MEETING, AND THE APPLICANT DID PROVIDE A MARKET ANALYSIS FOR REVIEW THAT WAS IN YOUR PACKET. ADDITIONALLY, THE APPLICANT HAS PROVIDED A SET OF SLIDES THAT THEY WOULD WISH TO PRESENT TO YOU THIS EVENING TO GO OVER THEIR THEIR THEIR DEVELOPMENT AND WHAT CHANGES HAD BEEN MADE SINCE ITS INCEPTION BASED ON THE CRITERIA JUST OF ZONING. THE ZONING DISTRICT STAFF IS RECOMMENDING APPROVAL. I HAVE THE GATEWAY ANALYSIS HERE, BUT I CAN FORWARD FAST FORWARD THAT TO THE APPLICANT'S PRESENTATION IF YOU'RE READY TO DISCUSS THAT AT THIS TIME. DOES ANYBODY HAVE ANY QUESTIONS FOR TOWN STAFF? NO QUESTIONS OKAY. OKAY. I'LL LET THE APPLICANT COME UP AND MAKE THEIR PRESENTATION. THANKS. GOOD DEAL. GOOD EVENING. DAVID BOND WITH SPIRES ENGINEERING, 501 GEORGE BUSH HIGHWAY IN RICHARDSON HERE TONIGHT. AS YOU RECALL, MY COLLEAGUE DELANEY WAS PRESENT LAST TIME. WE WERE A BIT CAUGHT OFF GUARD WITH THE THE AMOUNT OF FEEDBACK THAT YOU GUYS HAD. AND SO WE WEREN'T WE REALLY WEREN'T READY. RIGHT.

WE'RE ON CONSENT AGENDA. STAFF WAS RECOMMENDING APPROVAL. AND SO WE DIDN'T HAVE A PRESENTATION. OUR DEVELOPER AND HIS TEAM WAS NOT PRESENT. AND SO WHAT WE'D LIKE TO DO TONIGHT IS TO OFFER THAT PRESENTATION THAT WE PROBABLY SHOULD HAVE HAD LAST TIME. READ YOU GUYS, AND WE'LL BE ABLE TO ANSWER IN MUCH MORE DETAIL. A LOT OF THE FEEDBACK YOU GUYS HAD LAST TIME I WATCHED THE VIDEO. SO I'M AWARE OF EVERYTHING THAT WENT THROUGH AND THEN HAVE DISCUSSION AND KIND OF GO FROM THERE. WITH NO FURTHER ADO, I'D LIKE TO RECOMMEND INTRODUCE OUR DEVELOPER WITH URBAN HEIGHTS WHO WILL RUN THROUGH HIS PRESENTATION. THANK YOU. GOOD EVENING, CHAIR AND MEMBERS OF THE COMMISSION. MY NAME IS SAGAR. I AM MANAGING PARTNER FOR URBAN HEIGHTS WITH THE DEVELOPER FOR THIS PROJECT. AND BEFORE WE GET INTO PRESENTATION, I WOULD LIKE TO TAKE A FEW SECONDS TO INTRODUCE MYSELF. PARDON ME. ADDRESS? YEAH. SO MY ADDRESS IS 45775 WHEEL DRIVE PLANO, TEXAS. AND BEFORE I DIVE INTO THE PRESENTATION, I WOULD LIKE TO INTRODUCE MYSELF AND ALSO GIVE SOME BACKGROUND ABOUT WHAT WE HAVE BEEN DOING. AND AS A DEVELOPER UNDER THE URBAN HEIGHTS, WE HAVE BEEN DEVELOPING SIMILAR PROJECTS IN NORTH TEXAS FOR THE PAST TEN YEARS, AND WE HAVE DONE SEVERAL SIMILAR GATEWAY PROJECTS. AND RECENTLY WE HAVE A FLAGSHIP PROJECT AT US 380 AND CHAMPION RIGHT AT THE ENTRANCE OF THE PGA HEADQUARTERS THAT IS UNDER DEVELOPMENT. AND I'M GIVING THIS CONTEXT AND MY BACKGROUND TO CONVEY THE MESSAGE THAT WHAT WE ARE TRYING TO PRESENT HERE IS NOT JUST THEORETICAL, AND WE ARE TRYING TO PRESENT THE INFORMATION VERY INFORMED WITH THE EXPERIENCE OF DEVELOPING SIMILAR PROJECTS AND HAS THE VISION TO DEVELOP A GATEWAY. PROJECTS LIKE WHAT WE HAVE DONE, AND ALSO TO CONVEY THE MESSAGE THAT WE ARE NOT THE DEVELOPERS, WHERE WE ARE GOING TO PUT SOME

[00:10:01]

PRETTY PICTURES AND GET THE APPROVAL AND FLIP IT. WE ARE THE ACTUAL DEVELOPERS WHO ARE BUILDING THESE GATEWAYS AND SIMILAR PROJECTS IN THIS REGION. AND TONIGHT I'M JOINED BY SCOTT ROGERS. HE IS FROM US REALITY AND HE AND HIS FIRM HAS PROVIDED EXTENSIVE MARKET RESEARCH AND ANALYSIS, WHICH HAS SHAPED THE WAY WE HAVE DESIGNED THIS PROJECT FOR. AND I WOULD LIKE TO START THE PRESENTATION. SO TONIGHT'S PRESENTATION, IT IS TITLED GATEWAY QUALITY AND LONG TERM VISION. AND THAT'S EXACTLY WHAT WE WANTED TO DO FOR THIS PROJECT. WE WANTED TO BUILD A PROJECT THAT HAS THE GATEWAY QUALITY AND ALSO STEPS THE FOUNDATION FOR LONG TERM VISION FOR WHAT'S GOING TO BE POSSIBLE IN PROSPER AND THIS GATEWAY LOCATIONS. AND DURING THE CONVERSATIONS FROM OUR LAST MEETING, WE HEARD SOME CONCERNS ABOUT WHAT KIND OF QUALITY THIS GATEWAY IS GOING TO HAVE. AND WE HEARD ABOUT THE COMMISSION'S CONCERN AND ALSO STAFF'S INPUT. THE GATEWAY LOCATION MUST REFLECT PROSPER STANDARDS IN TERMS OF THE QUALITY OF DEVELOPMENT, AND IT SHOULD BE HAVE QUALITY AND COMMUNITY SUPPORT, AND IT SHOULD NOT HAVE A VERY GENERIC RETAIL DEVELOPMENT LIKE GAS STATIONS, TIRE SHOPS, WHICH TYPICAL RETAIL DEVELOPMENTS WILL HAVE, WHICH IS NOT APPROPRIATE FOR THIS LOCATION AND DEVELOPMENT, SHOULD SERVE THE LONG TERM COMMUNITY VISION OF HOW IT IS GOING TO HELP THE COMMUNITY LIVING AROUND AND CREATE A VISION FOR PROSPER GATEWAY, AND WE COMPLETELY AGREE WITH THIS. AND TONIGHT'S PRESENTATION, WE ARE GOING TO SHOW HOW WE HAVE FOCUSED ON THESE ELEMENTS IN TERMS OF THE QUALITY AND HOW IT IS GOING TO SUPPORT THE VISION OF THE PROSPER CITY AND WHY THIS IS THE RIGHT DEVELOPMENT AT THE RIGHT TIME. WHAT WE ARE PROPOSING HERE AND AND ALSO WANT TO EMPHASIZE, WE ARE NOT TRYING TO BUILD WHAT'S THE EASIEST HERE. AND IT'S WHAT WE HAVE DONE IS WE ARE TRYING TO BUILD WHAT IS RIGHT FOR PROSPER TODAY WHILE POSITIONING FOR THE GROWTH TOMORROW. IN THE COMING YEARS. AND WHAT WE MEAN BY GATEWAY QUALITY COMMITMENT. AND WHEN DESIGNING THIS PROJECT, AND WE HAVE PAID ATTENTION TO MAKE SURE THAT IT IS GOING TO USE HIGH END QUALITY MATERIALS WITH NATURAL STONE, BRICK AND GLASS FACADES OR ALL THE THINGS AND ALL THE BUILDINGS ARE GOING TO HAVE A VARIED ARCHITECTURE AND VARIED HEIGHTS, SO THAT IT IS GOING TO PROVIDE A VISUALLY APPEALING LOOK FOR THE PROJECT, AND IT'S GOING TO HAVE A COORDINATED DESIGN. IT'S NOT GOING TO BE SOME INDEPENDENT RETAIL BUILDINGS WHICH ARE NOT CONNECTED TOGETHER AND DOESN'T LOOK LIKE A COORDINATED DEVELOPMENT. AND WE ARE GOING TO BE WORKING ON WITH THE CITY AND THE STAFF TO CREATE A SCULPTURAL FOCAL FEATURE, WHICH IS GOING TO TRULY REPRESENT A GATEWAY, A GATEWAY FEATURE THAT WILL BE MEMORIZED BY THE PEOPLE WHO PASS BY. AND AS PART OF THE SITE DESIGN AND AMENITIES, WE HAVE CREATED COMPLETELY WALKABLE AND PEDESTRIAN ORIENTED LAYOUT, WITH TRAILS AND CROSSWALKS ALL AROUND THE DEVELOPMENT AND WITHIN THE DEVELOPMENT AS WELL. AND WE HAVE INCORPORATED EXTENSIVE LANDSCAPING WITH NATIVE TREES, SHRUBS AND SEASON COLORS. AND WE HAVE CREATED A DETENTION POND DESIGNED AS A COMPLETE WATER FEATURE AMENITY, NOT JUST AS A FUNCTIONAL DETENTION POND THERE AND WITH ADEQUATE LIGHTING, SAFETY AND ESTHETICS.

SO WHERE PEOPLE AROUND THE COMMUNITIES CAN COME AND ENJOY THEIR TIME. AND WE HAVE PARKING LOTS WITH EXTENSIVE LANDSCAPING AND SCREENING FROM THE OTHER COMMUNITIES NEARBY. AND IN ADDITION, WE HAVE ALSO MADE A COMMITMENT FOR THE PUBLIC SPACE. THIS DEVELOPMENT HAS APPROXIMATELY 184,000FT■!S OF DEDICATED OPEN SPACE WITH UPSCALE LANDSCAPING AND ALONG WITH OUTDOOR SEATING AREAS IN MANY PLACES OF THE DEVELOPMENT AND ADA ACCESSIBLE THROUGHOUT.

THAT MEANS EVERYBODY SHOULD BE ABLE TO WALK OUT THROUGH THE TRAILS AND REACH ANY PLACE, AND WE HAVE BIKE RACK INSTALLATIONS TO MAKE IT WALKING FRIENDLY AND BIKE FRIENDLY AS WELL. AND ALL THESE FEATURES ARE NOT ARE GOING TO MAKE THIS DEVELOPMENT NOT JUST ANOTHER RETAIL, IT IS GOING TO MAKE IT AS A GATEWAY FOR THE DEVELOPMENT. AND BEFORE I GET INTO THE DETAILS, SO I WANT TO TALK ABOUT WHAT IS THE WHAT ARE THE THINGS WE HAVE DONE AND WHAT WE HAVE DONE SO FAR IN COLLABORATION WITH CITY THAT MADE US WHERE WE ARE TODAY, AND WE HAVE WORKED WITH THE CITY STAFF FOR THE PAST 17 MONTHS AND MADE SEVEN SUBMISSIONS, AND WHICH MEANS IT'S NOT SOMETHING A DEVELOPMENT THAT WE ARE TRYING TO RAM THROUGH TO GET TO THE APPROVALS. BUT WE HAVE DELIBERATELY WORKED STEP BY STEP TO MAKE IT BETTER AND BETTER EVERY DAY. AND I WANT TO HIGHLIGHT SOME OF THE IMPORTANT CHANGES WHAT CITY STAFF HAS WITH THEIR EXPERTISE AND GUIDANCE, HAS HELPED US TO INCORPORATE INTO THIS DESIGN WHAT WE HAVE PRESENTED TO YOU, AND IT HAS VERY ENHANCED PEDESTRIAN WALKWAYS,

[00:15:01]

CONNECTIVITY, AS YOU COULD SEE. AND IN SOME OF THE DESIGNS I AM GOING TO SHOW IN THE FOLLOWING SLIDES, YOU WOULD APPRECIATE TO SEE THE WALKWAYS ALL AROUND THE DEVELOPMENT AND WELL CONNECTED INSIDE THE DEVELOPMENT AS WELL. AND AGAIN, WE HAVE IMPROVED AND REDESIGNED THE OPEN SPACE SEVERAL TIMES TO MAKE IT COMMUNITY FRIENDLY. AND THIS PROJECT HAS ALMOST ONE 84,000FTS OF OPEN SPACE, WHICH IS USABLE AND COMMUNITY FRIENDLY, AND IT HAS UPSCALE LANDSCAPING WITH NATIVE SPECIES TREES. AND WE ALSO WORK WITH CITY STAFF TO MAKE SURE THAT WE DON'T HAVE ANY QSRS FACING THE DNC FRONTAGE TO MAKE SURE THAT WE ARE PROVIDING THE RIGHT TYPE OF USAGE ON THE FRONT PAGE AND REDUCE ANY TRAFFIC CONGESTION THERE. AND WE HAVE TRANSFORMED THE DETENTION POND TO A TRULY REAL WATER FEATURE THAT THE COMMUNITIES CAN COME AND ENJOY.

AND WE HAVE VARIED ARCHITECTURE HEIGHTS OF THE BUILDINGS INSTEAD OF ONE SIZE BUILDINGS ALL OVER. AND WE HAVE CREATED SEVERAL COMMUNITY FRIENDLY SPACES WITH OUTDOOR SEATING AND BIKE RACKS. AND AGAIN, WE HAVE NOT COME HERE JUST IN WITH INITIAL THOUGHT. WE HAVE WORKED WITH CITY STAFF VERY DELIBERATELY, COLLABORATIVELY, AND WE ARE REALLY THANKFUL FOR THE CITY STAFF WITH THEIR EXPERTISE AND GUIDANCE THEY HAVE PROVIDED TO MAKE THIS DESIGN BETTER. AND AT A HIGH LEVEL. THIS IS THE SITE HOW IT LOOKS WHERE WE TALKED ABOUT. IN THIS PICTURE YOU CAN SEE DIFFERENT WALK PATHS, WALKING TRAILS AND OPEN SPACES, SITTING AREAS AND THE DETENTION POND. IN FACT, THE DETENTION POND, WHICH IS AN AMENITY FEATURE ONE ONE SUBMISSION BEFORE THIS WAS HOW IT IS. AND IN THE LATEST SUBMISSION, WHAT WE MADE, CITY STAFF ADVISED US TO MAKE IT NOT ONLY EAST AND WEST, BUT NORTH AND SOUTH. ALSO IN OUR LATEST SUBMISSION, THE THE WATER FEATURE IS GOING TO BE ACCESSIBLE FOR ENTIRE COMMUNITY, EVEN GOING FROM NORTH TO SOUTH AS WELL. AND WE HAVE LISTED SOME OF THE HIGH END MATERIAL THAT WE ARE PLANNING TO USE IN THIS DEVELOPMENT, WHICH IS GOING TO PROVIDE THAT UPSCALE LOOK FOR THE STAIR GATEWAY DEVELOPMENT. AND GENERALLY, WHENEVER WE TALK ABOUT ANY RETAIL DEVELOPMENT, ONE OF THE THINGS THAT COMES INTO MIND IS, HEY, IS IT GOING TO HAVE DIFFERENT TYPES OF THINGS LIKE GAS STATIONS, TIRE SHOPS, DISCOUNT STORES, WHICH DOESN'T CREATE THAT UPSCALE. BUT I WANT TO ASSURE YOU THAT EVERY PROJECT WE HAVE BUILT IN NORTH TEXAS SO FAR, I AM AGAINST MAKING I AM AGAINST HAVING ANY KIND OF BUSINESSES IN THESE DEVELOPMENTS THAT WOULD REDUCE THE QUALITY OF THIS DEVELOPMENT AND THE PROJECT, AND I WANT TO ASSURE THAT THIS PROJECT IS GOING TO EXCLUDE ANY GAS STATIONS, CONVENIENCE STORES, ANY CHECK CASHING OR PAYDAY LOANS, NO DISCOUNT STORES, NO ADULT BUSINESSES, NO SMOKE VAPE SHOPS, NO AUTO REPAIR SHOPS, NO CAR WASH, NO CAR DEALERSHIP. ANY OF THIS WHICH IS GOING TO BRING DOWN THE QUALITY OF THE DEVELOPMENT, WHICH IS NOT SUITABLE FOR GATEWAY, WILL NOT BE ALLOWED HERE. AND WHAT IT IS GOING TO HAVE, IT WOULD BE HAVING A FULL SERVICE DOWN RESTAURANTS WITH THAT OUTDOOR DINING FACILITIES, BOUTIQUE RETAIL AND SPECIALTY SHOPS AND PROFESSIONAL SERVICES. THAT INCLUDES MEDICAL, DENTAL, FINANCIAL AND LEGAL SERVICES AND HIGH END HEALTH AND WELLNESS FACILITIES, FITNESS, SPA, ETC. AND PERSONAL SERVICES, SALOONS AND PET GROOMING AND PREMIUM ANCHOR AND SPECIALTY FOOD STORES, AND THEN DRUGSTORES AND PHARMACIES. AND WE ARE ALSO GOING TO HAVE OTHER COMMUNITY SERVING RETAILS THAT RESIDENTS ARE CURRENTLY DRIVING, EITHER TOWARDS THE FRISCO OR TOWARDS MCKINNEY, TO GO AND GET THOSE THINGS. AND WITH THE HELP OF OUR AGENTS, WE ARE TARGETING TO HAVE NATIONAL AND REGIONAL BRANDS WITH REPUTATION FOR QUALITY AND TO BE A GATEWAY DEVELOPMENT, AND ALSO LOCAL BUSINESSES THAT ELEVATE THIS DEVELOPMENT, WHICH IS GOING TO BE THE GATEWAY. AND WE ALL KNOW THE SITE CONTEXT AND WE UNDERSTAND WHY THIS DEVELOPMENT IS VERY IMPORTANT FOR YOU AS WELL AS US, BECAUSE IT IS SITTING AT THE RIGHT SOUTHWEST CORNER OF FRONTIER AND AND DALLAS PARKWAY, AND IT'S GOING TO BE THE PRIMARY ENTRANCE FOR OUR CORRIDOR. AND IT IS EXPECTED TO HAVE 100,000 PLUS DAILY VEHICLES. AND IT IS LESS THAN TWO MILES FROM THE HIGH SCHOOL AND CHILDREN'S HEALTH STADIUM. AND IT IS SURROUNDED BY, AS YOU CAN SEE, VERY HIGH END VALUE NEIGHBORHOOD WHO ARE ALL LOOKING FOR A UPSCALE RETAIL WHERE THEY CAN GO AND DINE AND SHOP NEARBY. AND WE UNDERSTAND THIS, THIS PARTICULAR LOCATION CARRIES A SPECIAL RESPONSIBILITY TO HAVE A QUALITY DEVELOPMENT, AND THAT'S WHY WE ARE TRYING TO COMMIT TO THE STANDARDS THAT EXCEED THE REQUIREMENTS OF ANY RETAIL DEVELOPMENT AND RESTRICTING THE BUSINESSES, WHICH IS GOING TO BRING DOWN THE QUALITY OF THAT PLACE. AND I WANT TO MAKE SURE TO HIGHLIGHT THAT WE HAVE COMPLIED WITH ALL THE ZONING GUIDELINES ORDINANCE, AND WE HAVE EXCEEDED THE REQUIREMENTS. AND WHEN I SAY GATEWAY QUALITY DESIGN AND

[00:20:06]

FEATURES THAT WE ARE INCORPORATING, WHAT DO I MEAN BY THAT? SO I WANTED TO HIGHLIGHT IN THREE SECTIONS, WHICH IS ARCHITECTURAL DISTINCTIONS, WHICH WE TALKED ABOUT MULTIPLE BUILDING STYLES WITH DIFFERENT HEIGHTS AND SPECIFIC MATERIALS. AND IT'S GOING TO HAVE A DIFFERENT ROOF LINES AND A VERY MONUMENT SIGN THAT IS COORDINATE WITH THE ENTIRE ARCHITECTURE. IN ADDITION TO THE GATEWAY SIGNAGE THAT WE ARE GOING TO BE BUILDING THAT YOU CAN SEE IN THE PICTURE AT THE ENTRANCE OF THE GATEWAY, WHICH WILL BE DEVELOPED IN COORDINATION WITH THE CITY STAFF AND THE CITY TEAM AND THE PEDESTRIAN EXPERIENCE. SO YOU CAN SEE WE HAVE A WIDE TRAILS. IT ALMOST LOOKS LIKE A RESIDENTIAL COMMUNITY, TRAILS ALL AROUND THE DEVELOPMENT AND WHICH ARE WELL CONNECTED TO THE INTERIOR TRAILS AND ARE ACCESSIBLE TO ALL THE OPEN SPACES FOR THE PEOPLE WHO ARE TO WALK AROUND.

AND WE HAVE SHADED TREES AND LANDSCAPE ALL OVER THE WALKWAYS, AND WE HAVE A SAFE CROSS CROSSWALKS AND ACCESSIBLE DESIGN FOR THE ENTIRE PROJECT AND THE AMENITIES. WE HAVE EXTENSIVE NATIVE TREE CANOPY AND WE HAVE SEASONAL COLORS TO MAKE IT LOOK BEAUTIFUL IN ALL SEASONS. AND WE HAVE WATER FEATURE AS A VISUAL AMENITY. AS I SAID, THIS IS GOING TO BE ONE OF THE PLACES YOU WILL SEE A LOT OF PEOPLE SITTING AND ENJOYING THE TIME AND PARKING LOTS. WE HAVE LANDSCAPING EXCEEDING IN THE CODING CODE REQUIREMENTS AND IN ADDITION TO THE QUALITY AND FEATURES WHAT WE ARE INCORPORATING, WE ALSO SEE A LOT OF COMMUNITY BENEFITS.

WE EXPECT APPROXIMATELY 550 TO 650 JOBS BEING CREATED. PROSPER RESIDENTS AND HAVE A DINING AND SHOPPING EXPERIENCE WITHOUT LEAVING THE TOWN, AND REVENUE SUPPORTING THE CITY SERVICES.

AND THIS IS GOING TO CREATE A FOUNDATION FOR MUCH FUTURE DEVELOPMENT, NOT ONLY JUST THIS GATEWAY LOCATION AND ALSO TO THE SOUTH OF THIS GATEWAY. AND ANY GATEWAY EVOLUTIONS. I MEAN, ALL OF YOU HAVE SEEN IT. ON AVERAGE, IT TAKES ABOUT 15 TO 20 YEARS TO SEE WHAT WE ARE SEEING IN ANY OF THE MAJOR INTERSECTIONS. AND ONE OF THE THINGS JUST TO HIGHLIGHT, LET IT BE THE INTERSECTION OF LEGACY LEGACY WEST AND DANTE IN THE PLANO, OR THE INTERSECTION OF 121 AND D.A, WHICH IS A GRANITE PARK LOCATION, OR AT THE WARREN PARKWAY, WHICH IS A STAR. EVERYTHING STARTED AS RETAIL CENTERS LOCATION, AND IT TOOK AN AVERAGE OF 15 TO 20 YEARS BEFORE WE STARTED SEEING WHAT WE ARE SEEING TODAY. EVEN IF YOU LOOK AT THE HIGH END CLASS, A OFFICE TOWER AT LEGACY AND D.A. THAT WAS PREVIOUSLY A SMALL RETAIL FURNITURE SHOWROOM WHICH WAS BEING REPLACED, DEMOLISHED AND CLASSY. BUILDING OF TOWER CAME AFTER 1520 YEARS OF IT. AND IF YOU TAKE THE NEXT EXAMPLE OF 121 AND D.A. GRANITE PARK FAILED TWICE BECAUSE IT DID NOT HAD THE RETAIL REQUIRED, AND THEN THEY TOOK A PASS AND BUILT RETAIL AND RESTAURANTS.

AND AFTER THAT, NOW GRANITE PARK IS A SUCCESS. AND WHATEVER IS THE STAR STADIUM AND OFFICES WE ARE SEEING TODAY, BEFORE WE HAVE SEEN IT 15, 20 YEARS BEFORE, WE HAVE THE RETAIL BUILT THERE AND WHICH IS GIVEN THE GROUND FOR TRAFFIC AND THE RESIDENTS COMING THERE. AND TODAY WE ARE SEEING SO ENTIRE NORTH TEXAS. WE HAVE SEEN THIS PATTERN WHERE EVERYTHING STARTS WITH RETAIL FOUNDATION, SLOWLY TRANSFORM TO SOME MIXED USE OFFICES AND FINALLY CREATES A VERSION VISION FOR THE CITY TO START BUILDING CLASS A HIGH END TOWERS, WHICH IS GOING TO TRANSFORM THAT LOCATION IN THE FUTURE. AND WE ARE PROPOSING TO DO THE SAME THING HERE ALSO, AND START WITH THE RETAIL FOUNDATION. AND WE HAVE DONE AN EXTENSIVE ANALYSIS. IT IS NOT THAT RIGHT. SO WE HAVE SIMPLY THOUGHT, OKAY, LET'S GO AND DO RETAIL. AND WE HAVE DONE COMPREHENSIVE ANALYSIS IN ALL THE THREE AREAS. THAT INCLUDES EXTENSIVE MARKET RESEARCH OF THE ENTIRE DFW OFFICE MARKET, RETAIL MARKET, AND INCLUDING THE COLLIN COUNTY AND COMPETITIVE SITE SIZES, SITE ASSESSMENTS. AND WE HAVE ENGAGED INDEPENDENT BROKERS, NOT JUST JUST JLL AND OTHER COMPANIES, TO PROVIDE ALL THE INFORMATION. AND WE ALSO SAW WHAT IS THE QUALITY AND FEASIBILITY ANALYSIS THAT MEANS, WHAT KIND OF BUILDINGS, WHAT KIND OF ARCHITECTURE, WHAT KIND OF MATERIALS WOULD MAKE THIS DEVELOPMENT LOOK MUCH BETTER? AND WHAT ARE THE ECONOMIC VIABILITIES OF DIFFERENT USAGES TODAY AND WHAT ARE THE RISK ASSESSMENT? SO IF YOU ARE GOING TO GO FOR DIFFERENT USAGES LIKE CLASS A OFFICES, WHAT IS THE CHANCE OF THE VACANCY BLIGHT AND FINANCIAL FAILURES THAT MIGHT HAPPEN? AND WHAT IS THE TIMELINE DELIVERY FOR THE COMMUNITY BENEFIT WHICH IS GOING TO HELP THE CURRENT COMMUNITY? YOU HAVE SEEN SO MANY HIGH END RESIDENTIAL COMPLEXES, RESIDENTIAL COMMUNITIES AROUND FOR WHO ARE CURRENTLY DRIVING FAR AWAY FOR A GOOD RETAIL AND SIT DOWN RESTAURANTS. AND WE ALSO DID EXTENSIVE TENANT AND MARKET VALIDATION. WE HAVE CONDUCTED SURVEY THROUGH OUR BROKER AGENTS, CORPORATE OFFICE TENANT SURVEY, AND WE DISCUSSED WITH

[00:25:01]

MANY MEDICAL OFFICES GROUPS. WE DISCUSSED WITH PROFESSIONAL FIRMS AND DIFFERENT RETAIL TENANTS. AND IN CONCLUSION, SO WHAT WE WANTED TO DO IS WE WANT TO DEVELOP A RETAIL THAT MEETS THE GATEWAY STANDARD. AND AS WE HAVE SHOWN IN THE PREVIOUS SLIDES, WHICH WITH ALL THE AMENITIES AND HIGHEST QUALITY STANDARDS, AND THAT WILL GIVE IMMEDIATE BENEFIT TO THE COMMUNITY IN TERMS OF THE JOBS AND THE ECONOMY AND THE REVENUES. AND IT IS GOING TO POSITION FOR FUTURE EXPANSION AND GROWTH. AS I EXPLAINED, LET IT BE THE PLANO FRISCO, WHAT WE HAVE SEEN IN ALL THE COMMUNITY DEVELOPMENTS WHERE EVERYTHING STARTED WITH RETAIL AND OPENS THE GATE FOR OUR FUTURE DEVELOPMENT IN THE NEXT 15, 20 YEARS. AND WE DON'T WANT IT TO START AND AVOID ANY, ANY CHANCE FOR BUILDING SOMETHING THAT'S GOING TO SIT VACANT, WHICH IS WORSE THAN HAVING EMPTY LAND. AND I WOULD LIKE TO INVITE COLLEAGUE SCOTT ROGERS FROM DUE WEST TO SHARE HIS DETAILS. WHAT HE HAS RESEARCH AND EXPERIENCE OF DFW OFFICE MARKET AND RETAIL.

IT RAISES A LITTLE BIT FOR MYSELF. HEY EVERYONE, I'M SCOTT ROGERS, 63, 15 WOODLAND DRIVE, DALLAS, TEXAS. I APPRECIATE YOU GUYS TAKING THE TIME TO MEET WITH US. A LITTLE BIT ABOUT MYSELF AND MY FIRM. I'M A PARTNER WITH WEST REALTY, WHICH IS A 20 PLUS PERSON BROKERAGE FIRM. HERE IN DFW. WE HAVE ABOUT 300 PROJECTS ALL ACROSS THE METROPLEX FROM A VARIETY OF DIFFERENT ASSET CLASSES. WE'VE BEEN WORKING WITH THE DEVELOPER HERE FOR THE LAST 17 MONTHS, AS HE MENTIONED, TO CAST THE WIDEST NET POSSIBLE AND BRING HIM BACK THE MARKET FEEDBACK THAT WE'VE SEEN AND WE'VE BEEN TRYING REALLY HARD FROM FROM EVERY DIFFERENT ASSET CLASS AS POSSIBLE. AND AS YOU MENTIONED, WE'VE WE'VE SEEN A CONSISTENT THEME THAT THERE IS THERE IS STRONG RETAIL INTEREST HERE. YOU KNOW, WE'RE DEALING WITH WITH A DIFFICULT OFFICE MARKET.

WE HAVE 24 TO 25% VACANCY ACROSS ALL DFW. YOU KNOW, LEGACY ITSELF IS ABOUT 24% VACANT TODAY. YOU KNOW, WHAT THIS MEANS FOR OUR SIDE IS IT MAKES OFFICE DEVELOPMENT REALLY, REALLY DIFFICULT. AND, YOU KNOW, GENERALLY WHAT WE'RE SEEING FROM FROM OFFICE USERS TODAY IS THEY WANT A FORM OF A CORPORATE CLUSTER, RIGHT? THEY ALL WANT TO BE AROUND EACH OTHER. AND UNTIL WE CAN ACHIEVE THAT, WE FIND IT DIFFICULT TO GET OFFICE. BUT WHAT WE DO WE HAVE SEEN IS RETAIL IS THE NUMBER ONE DIFFERENTIATOR TO HELP GET OFFICE, BECAUSE THEY WANT WALKABILITY FOR THE EMPLOYEES TO GO GET STUFF TO EAT. THEY WANT WALKABILITY TO TO SERVICES.

THEY WANT CONVENIENCE AND LEADING WITH RETAIL. WE FOUND VERY SUCCESSFUL FROM A LOT OF DIFFERENT DEVELOPMENTS AROUND AROUND DFW. AS SORGER SAID SPECIFICALLY STAR IN LEGACY WEST. RIGHT? SO, YOU KNOW, WE WE'RE TRYING TO AVOID ANY DEVELOPMENT, ANY STAGNANT DEVELOPMENT WHERE THERE'S ANY VACANT BUILDINGS FOR ANY YEARS AND, AND FOCUS ON WHAT IS MARKETABLE TODAY. AND FROM OUR 17 MONTHS OF DOING THIS, WE FOUND THAT, YOU KNOW, WHAT'S MARKETABLE TODAY IS A REALLY VIBRANT, REALLY GOOD LOOKING RETAIL DEVELOPMENT. AND THAT'S WHAT WE'VE BEEN FOCUSED ON. JUST A COUPLE, YOU KNOW, DATA POINTS ON, ON ON WHERE OFFICE EXCEEDS AND AND WHY. YOU KNOW, THE MARKET HAS KIND OF GIVEN US FEEDBACK THAT WE'RE NOT QUITE THERE YET IS YOU KNOW, WE'VE REALLY SEEN IT BEING THESE THESE THESE CITY CENTERS. AND WE AND WE SEE WE SEE DFW HAVE MULTIPLE CITY CENTERS AS YOU KIND OF MOVE NORTH WITH KIND OF THE CORE BEING THE PRESTON CENTER UPTOWN CORRIDOR AND THEN MOVING UP TO GALLERIA AND THEN MOVING UP TO LEGACY WEST AND MOVING UP TO THE STAR. THOSE ARE THE KIND OF EXISTING STRONG OFFICE NODES TODAY, BUT EVEN THOSE NODES HAVE HAVE EXPERIENCED A PRETTY CONSIDERABLE AMOUNT OF VACANCY. WITH A POST-COVID OFFICE WORLD. YOU KNOW, WE WE HAVE ALL THE COSTAR DATA AND, YOU KNOW, PRESTON CENTER, WHICH IS A CLASS A OFFICE MARKET IS 9% VACANCY AND LEGACY. WEST PLANO IS ABOUT 26, WHICH IS WHICH. WHAT WE HAVE FOUND IS OFFICE USERS ARE ALWAYS GOING TO GO TO THE EXISTING STUFF BECAUSE THERE'S A THERE'S A THERE'S AN ECONOMIC INCENTIVE FOR THEM TO GO THERE RATHER THAN BUILDING NET NEW, WHICH IS, WHICH IS VERY EXPENSIVE, VERY EXPENSIVE. SO, YOU KNOW, OUR FACTORS FOR SUCCESS HERE AND WHAT WE THINK WILL MAKE THIS, THIS PROPERTY SUCCESSFUL IS, YOU KNOW, REALLY GETTING THIS PROJECT OFF THE GROUND. WE FOUND THAT, YOU KNOW, GETTING DIRT MOVING IS REALLY THE BIGGEST PUSH TO ACTUALLY GET REALLY QUALITY RETAIL, YOU KNOW. AND THAT WOULD BE OUR THAT WOULD BE OUR FOCUS HERE.

YOU KNOW, WE'VE GOT AN 18 MONTH FEEDBACK SCALE OF OF MARKETING THIS PROPERTY PRETTY EXTENSIVELY. AND YOU KNOW, THE OTHER THING THAT WE KEEP BUMPING INTO IS THERE'S NOT A WHOLE LOT OF EXISTING OFFICE INFRASTRUCTURE. RIGHT. AND AND THAT IS SOMETHING THAT ALL THESE FORTUNE FIVE HUNDREDS WANT PERSONALLY, YOU KNOW, WE HAVE ABOUT 20 PROPERTIES KIND OF IN AROUND THE PGA, WHICH IS KIND OF THE NEXT NODE NORTH OF THE STAR WHERE OFFICE IS PLANNED. AND IT'S MOST OF IT'S KIND OF SITTING STAGNANT. THE LAND IS SITTING STAGNANT, MOSTLY BECAUSE EVERYONE'S GOING TO GO TO LEGACY WEST PRIOR TO JUMPING UP TO A NEW NODE. SO WE THINK IT'LL GET THERE. IT'LL JUST TAKE SOME TIME. AND WE'RE EXCITED ABOUT HOPING TO LEAD WITH RETAIL AND REALLY, REALLY MAKING A SPECIAL DEVELOPMENT HERE. OKAY. YOU KNOW, CONTRARY

[00:30:04]

TO OFFICE THOUGH, RETAIL IS AS SUCCESSFUL AS EVER. I'VE BEEN DOING THIS FOR 16 YEARS. WE'VE NEVER HAD MORE DEMAND IN RETAIL. WE'VE NEVER HAD LOWER VACANCY IN RETAIL. SO THE MARKET'S KIND OF TELLING US SOMETHING AND IT'S REALLY TELLING US SOMETHING WITH WITH ALL THE ALL THE ANCHOR MOMENTUM AND EVEN WITH THE FULL SERVICE SIT DOWN MOMENTUM COMING BACK ON A FULL SERVICE RESTAURANT BASIS, WHICH WE'RE REALLY EXCITED ABOUT. YOU KNOW, NORTH COUNTY'S VACANCY RATES 2.2%, WHICH IS EXTREMELY LOW. SO THEY'RE STARVED FOR MORE RETAIL. AND THERE'S VERY LIMITED SPACE LISTED AS AVAILABLE AT RENTS THAT MAKE IT POSSIBLE TO TO BUILD A REALLY GREAT PROJECT. AND PROSPER. SPECIFICALLY, YOU GUYS HAVE MAY HAVE SEEN OUR DUE WEST SIGNS UP AROUND TOWN. YOU KNOW, WE WORK ON A LOT OF PRODUCT WITHIN WITHIN THE TOWN, LOVE THE TOWN AND HAVE HAVE HAD A LOT OF SUCCESS HERE. BUT THIS IS, YOU KNOW, 106% PROSPER SALES TAX GROWTH. YOU KNOW, IN THE LAST, YOU KNOW, 4 OR 4 YEARS OR SO, YOU KNOW, NEW H-E-B, TARGET, KROGER, COSTCO, ETC. GATES OF PROSPER HAS OPENED SUCCESSFULLY. THE NUMBER ONE THING FROM A RETAIL PERSPECTIVE, TOO, IS RETAILERS LOOK AT OTHER PEOPLE'S SALES FIRST, RIGHT? AND THEY SAY, HEY, THESE PEOPLE ARE ESTABLISHED, THESE PEOPLE ARE DOING WELL. WE WANT TO BE THERE. AND THAT'S OVERWHELMINGLY KIND OF THE MARKET RESPONSE THAT WE'VE, THAT WE'VE, THAT WE'VE ENCOUNTERED, ESPECIALLY WITH HIV ON THE OTHER SIDE OF THE STREET. SO THIS THIS GROWTH REALLY VALIDATES THE DEMAND FOR QUALITY RETAIL AND FOR MAJOR NATIONAL RETAILERS. AND THAT'S WHAT WE HOPE TO DO HERE. YES. THANKS, SCOTT. AND SO THAT'S INDEPENDENT INFORMATION AND RESEARCH DONE BY US AND SCOTT, ALONG WITH OTHER ORGANIZATIONS LIKE JLL AND WISEMAN. AND THEY HAVE COLLECTED AND SHARED THIS INFORMATION WITH US AND WHICH HAS SHAPED WHAT WE ARE TRYING TO DO IN THIS PLACE. AND I WANT TO HIGHLIGHT TAKE TIME AND TRYING TO SEE WHAT ARE THE KIND OF COMMUNITY BENEFITS. AND HERE THIS PROJECT IS BEING DESIGNED AND DEVELOPED, NOT KEEPING THE REVENUE IN MIND. IT IS IMPORTANT, BUT THE FIRST THING IS HOW IT IS GOING TO BENEFIT THE COMMUNITY ONCE WE ARE GOING TO BUILD THIS. SO WE SEE THE BENEFITS. ONE IS A GREATER QUALITY AMENITY FOR THE COMMUNITY, WHERE IT'S GOING TO HAVE AT THE DISTINGUISHED ENTRY TO PROSPER. AND WE HAVE SPACES FOR COMMUNITY GATHERING WHERE THEY ARE WALKABLE FROM ALL THE NEARBY RESIDENTIAL COMMUNITIES AND BIKE TRAILS WHERE THEY CAN COME WITH THE KIDS AND SPEND TIME LIKE A PARK RATHER THAN A RETAIL CENTER. AND MOST OF THESE ARE DINING AREAS ARE GOING TO BE WALKABLE FOR MANY RESIDENTIAL COMMUNITIES AROUND, AND IT'S GOING TO HAVE A VISUAL ENHANCEMENTS FOR THE NORTH CORRIDOR, AS SHOWN IN THE DESIGN. IT'S GOING TO HAVE ALL THE FEATURES ALONG WITH THE SCULPTURAL MONUMENT SIGNS, AND RESIDENTS ARE GOING TO HAVE CONVENIENCE AND THE JOBS EXPECTED TO CREATE 550 TO 650 JOBS FOR THE RESIDENTS OF THE PROSPER AND WALKABLE DINING AND SHOPPING WITHIN 20 MINUTES, WITHOUT THE NEED TO DRIVE FOR 20 MINUTES TO GO TO OTHER CITIES FOR THOSE AND REDUCE TRAFFIC ON LOCAL ROADS, BECAUSE THESE ARE GOING TO BE WALKABLE AMENITIES AND RESTAURANTS AND CAREER OPPORTUNITIES AND ECONOMIC MOBILITY THAT WOULD START CREATED IN THIS LOCATION AND HELP THE OTHER SOUTHERN DEVELOPMENTS. AND IT'S GOING TO CREATE A FOUNDATION FOR FUTURE EVOLUTION. AND ONCE WE START HAVING THIS DEVELOPMENT, IT'S GOING TO CREATE TRAFFIC AND VISIBILITY FOR THAT WOULD CREATE INTEREST FOR FUTURE OFFICE USERS. AS SCOTT EXPLAINED IN THE PREVIOUS SLIDES. SO ANY OFFICE DEVELOPMENT WOULD LIKE TO HAVE A PLACES NEARBY. THEY CAN WALK TO A RESTAURANT AND GET SERVICES DONE. SO HAVING THIS DEVELOPMENT IN PLACE IS GOING TO START ATTRACTING THE OFFICE USERS, WHICH WOULD AUTOMATICALLY TRANSFORM INTO A THE GATEWAY SPOT WE TALKED ABOUT IN OTHER CITIES. AND IT'S A PROVEN MARKET AND REDUCES THE RISK OF FUTURE DEVELOPMENT. AND WE CAN POSITION OURSELVES TO BE ABLE TO TRANSFORM DOWN THE LINE INTO MIXED USE DEVELOPMENT AND FISCAL STRENGTH. SO EVEN THOUGH IT'S NOT THE PRIMARY, BUT IT'S AN IMPORTANT ELEMENT, AND WE ESTIMATE TO HAVE APPROXIMATELY TWO $54,000 PER YEAR OF PROPERTY TAXES WITH AN ASSESSED VALUE OF 7.70 5.2 MILLION. AND WE ARE ESTIMATING A SALES TAX REVENUE OF CLOSE TO $1.5 MILLION ON APPROXIMATELY $1.3 MILLION PROJECTED SALES, AND WE'RE ESTIMATING AN APPROXIMATELY TOTAL 1.8 MILLION ANNUAL STABILIZATION AFTER THREE YEARS. AND THAT TRANSLATES INTO TEN YEARS CUMULATIVE REVENUE 1.7, EVEN IF WE ARE PESSIMISTIC. AND IF YOU DON'T HAVE A 95% OCCUPANCY, YOU'RE AT 80% OCCUPANCY, WHICH IS MUCH LOWER THAN THE THE THE SURROUNDINGS. WE WOULD NOT WE WOULD HAVE AT THE LEAST 1.4 TO $1.5 MILLION REVENUE PER YEAR IN BOTH PROPERTY AND SALES TAXES. AND THESE REVENUES ARE GOING TO SUPPORT CITY SERVICES, INFRASTRUCTURE AND THE QUALITY

[00:35:05]

OF LIFE. AND BUT IT'S NOT WHY WE BELIEVE THAT THIS PROJECT IS THE RIGHT PROJECT FOR THIS LOCATION. WE BELIEVE THIS IS RIGHT BECAUSE IT DELIVERS THE QUALITY TODAY AND POSITIONS THE GATEWAY AND THE PROJECTS AROUND IT FOR FUTURE ENHANCEMENTS AND DEVELOPMENTS. AND WE HAVE NOT ARRIVED HERE AS A FIRST OPTION. HEY, THIS IS THE ONLY OPTION WE HAVE. WE HAVE GONE THROUGH ALL THE POSSIBILITIES AND WE HAVE LOOKED AT OPTION. CAN WE THINK ABOUT BUILDING A SPECULATIVE OFFICE, OR CAN WE THINK ABOUT WAITING FOR IT FOR TEN MORE YEARS TO DEVELOP? CAN WE THINK OF MAKING IT AS A MEDICAL CENTER LOCATION, OR CAN WE THINK OF A QUALITY? AND WE HAVE LOOKED AT ALL THE OPTIONS THROUGH THREE LENSES. ONE IS THE QUALITY, THE TIMING AND ECONOMIC VIABILITY. AND AS YOU CAN SEE, SO WHEREVER WE HAVE SEEN THE OPTION ONE. OPTION TWO THE QUALITY RISK IS HIGH AND NEGATIVE AND THE TIMING IS POOR. WE ARE NOT READY THERE YET AND ECONOMICALLY IT IS NOT AT ALL VIABLE. MEDICAL OFFICE HAS OPTION THREE, HAS SOME VIABILITY. BUT THE PROBLEM IS THE GAP IN TERMS OF WHAT THE CURRENT MARKET IS WILLING TO PAY, BUT WHAT THIS LOCATION AND THE PROJECT WOULD DEMAND, THAT REQUIRES ALMOST 3 TO $5 MILLION OF SUBSIDY FOR THIS PROJECT TO BE EVEN ECONOMICALLY VIABLE. SO WHICH MEANS EVEN THAT IS NOT AN OPTION AT THIS TIME. AND THAT LED US TO THE FINAL OPTION OF CREATING A QUALITY RETAIL DEVELOPMENT, WHICH WOULD SPUR THE GROWTH AND HELP THE GATEWAY TO DEVELOP NOT JUST FOR ITSELF, BUT FOR THE PROJECTS AROUND IT. AND WE CAN HAVE A HIGH GATEWAY CALIBER ARCHITECTURES AS DETAILED AND TIME IS OPTIMAL BECAUSE IT IS THE RIGHT TIME FOR RETAIL MARKET HERE. IT'S ALSO THE NEED OF THE HOUR FOR THE COMMUNITY AROUND IT AND ECONOMICS. AND FROM THE RESEARCH WHAT WE HAVE PRESENTED, THERE IS A PROVEN MARKET DEMAND, AND WE ARE NOT GOING TO BE SEEING EMPTY SPACES ANYMORE. THAT WOULD CREATE A VIBRANT ENVIRONMENT FOR THE COMMUNITIES NEARBY AND BASED ON ALL THESE THINGS. SO WE HAVE ARRIVED IN THE DEVELOPMENT WHAT WE ARE PROPOSING, AND IT IS NOT THE ONE WHAT WE HAVE CHOSEN TO START WITH. AND IN CLOSING. WE WANT TO PARTNER WITH PROSPER TO MAKE SURE THAT WE ARE TRYING TO DEVELOP SOMETHING TOGETHER THAT WE ARE ALL GOING TO BE PROUD OF, AND THAT'S GOING TO SERVE THE COMMUNITY BOTH PERSONALLY AND ALSO ECONOMICALLY. AND WHAT WE ARE REQUESTING IS APPROVAL DEVELOPMENT PLANS WITH ENFORCEABLE QUALITY STANDARDS. THAT'S GOING TO MEET THE GATEWAY REQUIREMENTS, AND THAT'S GOING TO SET THE STAGE FOR EVOLUTION OF THIS LOCATION AND THE LOCATIONS AROUND IT.

AND OUR COMMITMENTS TO PROSPER ARE FOLLOWING THE STRICT ARCHITECTURE GUIDELINES WITH THE MATERIALS, WHAT WE HAVE LISTED, AND STRICTLY PROHIBITING THE USE OF GAS STATIONS AND DISCOUNT RETAILS ADULT ORIENTED BUSINESSES, WHICHEVER IS GOING TO BRING DOWN THE QUALITY OF THIS DEVELOPMENT AND LANDSCAPING STANDARDS, WHICH EXCEED CODE MINIMUMS WITH NATIVE TREES AND PUBLIC SPACES AND SIGNAGE STANDARDS, ELEGANT MONUMENT SIGN AND COORDINATED DESIGN AMONG ALL THE DEVELOPMENT AND SITE DESIGN, WHICH IS COMPLETELY WALKABLE, PEDESTRIAN FRIENDLY WITH OUTDOOR SEATING AND WATER FEATURES, AND CONTINUOUS ONGOING MAINTENANCE. A CONTINUOUS PROPERTY MANAGEMENT WITH STANDARDS THAT KEEP THE QUALITY OF THIS GATEWAY FOR DECADES TO COME, AND IN THE CLOSING, WHAT I WANTED TO COMMUNICATE IS WHATEVER WE HAVE PRESENTED HERE TODAY, THIS IS NOT SOMETHING CAME HAPPENED IN ONE DAY, ONE WEEK, ONE MONTH. THIS IS A COLLABORATIVE EFFORT WITH THE CITY STAFF OVER A 17 MONTHS AND SEVEN SUBMISSIONS AND ALL THE INPUT. WHAT CITY HAS STAFF HAS GIVEN NOT DID NOT JUST CHANGE THE DESIGN, IT CHANGED THIS PROJECT BETTER FOR THE COMMUNITY AND FOR THE CITY AND WE ARE HAPPY TO DEVELOP IT. AND THANKS FOR YOUR TIME AND I'M OPEN TO ANY QUESTIONS ANSWERED. ANY QUESTIONS. THANK YOU FOR YOUR PRESENTATION. WE APPRECIATE IT A LOT. WE WANT TO ASK QUESTIONS AND GO DOWN OR DO YOU JUST WANT TO JUMP INTO IT? I'LL ASK YOU A WOW, VERY SORRY NOT YELLING AT YOU. I'LL ASK YOU A COUPLE QUESTIONS THAT YOU MENTIONED. YOU. YOU REFERENCED GATEWAY CALIBER QUITE A BIT. SOME. AND I THINK YOU GAVE US SOME GOOD EXPLANATIONS OF THAT, OR AT LEAST YOUR INTERPRETATION OF THAT. SO I APPRECIATE THAT.

I WOULD SAY APPRECIATE THE COLLABORATION. AND THE PATIENCE WITH THE TOWN. WE'RE VERY PARTICULAR AND PROSPER ABOUT THE LIMITED AMOUNT OF TOLLWAY FRONTAGE THAT WE HAVE. AND I DO THINK IT SAYS SOMETHING THAT YOU'VE BEEN PATIENT AND, AND WORKED OVER AND OVER AND OVER AGAIN. SO DON'T DON'T LET THAT GO UNNOTICED REGARDLESS OF WHERE ALL THIS GOES. SO THANK YOU. THANK YOU. YOU MENTIONED A COUPLE OF THINGS. YOU MENTIONED QUALITY RETAIL QUITE A BIT. SO I THINK, YOU KNOW, AS OF RIGHT NOW WE'RE NOT LOOKING FOR A SPECIFIC STORE OR ANY OF THAT,

[00:40:04]

BUT MAYBE YOU COULD DEFINE THE TYPES OF STORES YOU HAVE, SOME OTHER DEVELOPMENTS YOU REFERENCED. BUT MAYBE IF YOU COULD DEFINE QUALITY RETAIL THAT WOULD BE HELPFUL. AND THEN YOU ALSO YOU ALSO KIND OF ALLUDE IN YOUR CLEARLY YOU GUYS ARE NOT INTERESTED IN AN OFFICE, WHICH IS FINE. THAT'S YOUR POSITION. BUT YOU KNOW, YOU TALK ABOUT HOW YOU GOT TO HAVE RETAIL BEFORE, YOU KNOW, MAYBE OFFICE WILL FOLLOW, WHICH I THINK IS AN APPROPRIATE ASSUMPTION PRESENTATION FROM YOUR FROM YOUR PARTNER. BUT I GUESS THE QUESTION WOULD BE YOU AREN'T PHASING THIS. YOU'RE NOT SHOWING ANY FUTURE OFFICE OR OR ANYTHING ELSE OTHER THAN STRICTLY RETAIL. THIS IS 100% RETAIL. AND I KNOW YOU MENTIONED PROFESSIONAL SERVICES AND A COUPLE OTHERS, BUT NOT NECESSARILY CONDUCIVE TO THE SITE PLAN THAT YOU'RE PRESENTED.

SO I GUESS DEFINE QUALITY RETAIL AND THEN KIND OF TALK WHAT YOU'RE ALLUDING TO. WHEN YOU TALK ABOUT THE FUTURE, ARE YOU JUST HOPING THAT THE DEVELOPMENTS TO THE SOUTH OR EAST WEST, WHATEVER, ARE GOING TO BRING SOME OFFICE AS AS A CATALYST BEHIND WHAT YOU GUYS HAVE DONE? KIND OF TALK ABOUT THAT PHASING? ABSOLUTELY, SIR. AND REGARDING THE QUALITY RETAIL, IF YOU DON'T MIND, I WOULD LIKE TO INVITE SCOTT TO COME AND EXPLAIN. SOME NAMES CANNOT BE SHARED WITH CONFIDENTIAL, BUT AT A HIGH LEVEL, WE'LL BE ABLE TO EXPLAIN WHAT KIND OF RETAIL AND THE TENANTS WE ARE IN DISCUSSIONS WITH. THANK YOU. YEAH. HEY GUYS.

YOU KNOW, IN RETAIL WE HAVE CLASS A, CLASS B, CLASS C, RIGHT. SAME AS OFFICE. RIGHT.

AND WHAT WE ARE GOING OVER WHAT WE ARE GOING AFTER HERE IS A IS A CLASS A DEVELOPMENT. RIGHT.

SO LET'S LET'S TALK ABOUT LIKE FITNESS FOR EXAMPLE. RIGHT. CLASS C WOULD HAVE A PLANET FITNESS. YOU KNOW A LITTLE BIT LIKE A RETRO FITNESS LIKE A $9.99 A MONTH GYM. THEN YOU WOULD HAVE A LEVEL ABOVE THAT MIGHT BE A LA FITNESS, THEN A LEVEL ABOVE THAT. YOU MIGHT HAVE, YOU KNOW, GROUP THAT WE'VE BEEN IN DISCUSSIONS WITH CALLED CLUB STUDIO, WHICH IS A VERY HIGH END PLUS $100 A MONTH FITNESS GROUP. SAME APPLIES TO RESTAURANTS, RIGHT? YOU HAVE, YOU KNOW, TACO BELL AS A CLASS C, RIGHT? AND THEN YOU HAVE A HIGH END, YOU KNOW, MUCHACHA OR SOMETHING LIKE THAT AS A CLASS A, RIGHT. SO IN THIS DEVELOPMENT, WE'VE SPECIFICALLY TARGETED THE THE CLASS A TYPE TENANTS. AND TO HIS CREDIT, HE WAS AND HE PUT THIS IN THE PRESENTATION BUT HAS NOT EVEN ENTERTAINED. I CANNOT TELL YOU THE AMOUNT OF OFFERS THAT WE'VE GOTTEN FROM, YOU KNOW, A LOT OF THE USES THAT THAT WE HAVE SAID THAT WE WILL ABSOLUTELY NOT ENTERTAIN. AND, YOU KNOW, THAT COULD HAVE BEEN AN ECONOMICALLY, YOU KNOW, GOOD DEAL. BUT IT'S NEVER BEEN THE WAY THAT HE'S DEVELOPED. AND I'VE WORKED ON A LOT OF PROJECTS WITH HIM, AND I REALLY DO RESPECT THAT. SO, YOU KNOW, AS I HOPE THAT THAT'S SOMEWHAT HELPFUL. BUT, YOU KNOW, FOR EXAMPLE, YOU KNOW, WE LEASE WATERS CREEK VILLAGE IN ALLEN, RIGHT? THAT LEADS A CLASS A DEVELOPMENT, LEADS TO CLASS A TENANTS. RIGHT. AND, YOU KNOW, IT TAKES CAPITAL, IT TAKES OPEN SPACE, IT TAKES WALKABILITY TO GET THOSE CLASS A TENANTS. AND THAT'S EXCLUSIVE WHAT WE'VE BEEN FOCUSED ON. AND WE ALSO UNDERSTAND THE IMPORTANCE OF OF NICE RESTAURANTS AND NOT JUST, YOU KNOW, COMPLETE, YOU KNOW, NORMAL, YOU KNOW, FAST FOOD GUYS, WHICH WE'VE OBVIOUSLY BEEN OPPOSED WITH. AND WE THINK THAT WE THINK OF THAT AS ALMOST AN ADDITIONAL ANCHOR. RIGHT. SO THAT'S BEEN A BIG FOCUS AND BIG PUSH OF OURS IS TO GO GET THE CLASS A RESTAURANTS AS WELL.

THANKS. AND JUST TO REITERATE ANOTHER POINT, SCOTT MENTIONED MANY OF THE USES I MENTIONED AS THIS WILL BE EXCLUDED FROM OUR PROJECT. THERE ARE MANY OF THOSE USERS ARE SENDING A BLANK CHECK. HEY, I WANT THIS SITE, GIVE IT TO ME. SO WE ARE NOT LOOKING AT THE REVENUE AND PROFIT WE CAN MAKE OUT OF THAT. WE ARE VERY FOCUSED ABOUT WHAT WE WANTED TO BUILD, WHAT KIND OF TENANTS AND USERS WE WANTED TO BRING IN. THAT'S THE REASON, EVEN THOUGH CITY STAFF DID NOT ASK US EXPLICITLY, I'M READY TO PUT IT ON PAPER SAYING THAT WE WILL NOT HAVE THIS BUSINESS IN THIS PLACE TO CREATE THAT KIND OF A QUALITY AND COMING TO THIS OFFICE, HOW IT IS GOING TO BE RETAIL WOULD LEAD TO THE OFFICE. IF YOU CAN LOOK AT THIS. YEAH. SO IF YOU CAN LOOK AT THIS DEVELOPMENT. SO OUR PLAN IS TO GO WITH THE PHASE ONE, WHICH IS GOING TO BE TO THE NORTH OF THE PROJECT, WHICH IS TOWARDS THE FRONTIER, WHICH IS MOSTLY RETAIL. THAT'S GOING TO HAVE ALMOST 15 PLUS ACRES TO THE SOUTH OF IT, WHICH IS SEPARATING THE BIG, BIG THOROUGHFARE BETWEEN SHAWNEE TRAIL AND D.A. AND BY CREATING A QUALITY RETAIL IN THE PHASE ONE. SO WE ARE HOPING TO ATTRACT THE OFFICE USERS INTO THAT SPACE. AND EVEN IF WE ARE NOT ABLE TO ATTRACT WITHIN THAT SHORT TIME, WHAT WE ARE GOING TO HAVE, THIS IS GOING TO STIMULATE AND BECOME A CATALYST FOR THE OFFICE DEVELOPMENT WHICH THE CITY HAS ALREADY APPROVED DEVELOPMENT. SO THAT'S NOT GOING TO TAKE OFF UNLESS UNTIL WE CREATE THAT ENVIRONMENT AND CATALYZE THE DEVELOPMENT. SO THAT'S THE APPROACH WE ARE TAKING. SO I DON'T THINK ANYTHING YOU'VE PRESENTED HAS REALLY SHOWN PHASING. WHAT YOU JUST MENTIONED IS, IS INTRIGUING. IS THAT THE GOAL CALL IT THE THOROUGHFARE I THINK IS THE

[00:45:04]

APPROPRIATE. BUT TO THE NORTH, THAT'S WHAT YOU'RE CALLING PHASE ONE. AND EVERYTHING TO THE SOUTH IS PHASE TWO. YES. WHY? JUST OUT OF CURIOSITY, WHY ARE YOU NOT PRESENTING IT AS THAT OF A PHASE ONE AND PHASE TWO? BECAUSE I THINK THAT MIGHT CHANGE THE PERSPECTIVE OF OF THE OVERALL DEVELOPMENT. YEAH, BECAUSE WE ARE TRYING TO BUILD THE ENTIRE OPEN SPACE AND COMMUNITY TOGETHER. YES I DO LET ME LET ME JUST CONTINUE ON WITH THAT THOUGHT BECAUSE I'M JUST I'M CURIOUS. THE THING THAT STOOD OUT TO ME IN YOUR PRESENTATION WAS THAT, YOU KNOW, YOU GAVE US A MARKET ANALYSIS AS TO WHY ALL OFFICE IS NOT APPROPRIATE RIGHT NOW IN THIS PROPERTY, BUT I DON'T THINK WE WERE EVER ASKING FOR THIS PROPERTY TO BE BUILT OUT AS ALL OFFICE. I DON'T THINK THAT WAS THE THE DISCUSSION THAT WE HAD LAST TIME. I THINK, YOU KNOW, WHAT IT WHAT WE WERE LOOKING FOR WAS, WAS MORE OF A MORE OF A MIX HERE OF RETAIL WITH SOME WITH THE POTENTIAL FOR OFFICE. NOW YOU'VE, YOU'VE MENTIONED AND DIFFERENT HEIGHTS OF BUILDINGS AND SO FORTH LIKE THAT. SO WE I THINK I UNDERSTAND THAT OFFICE MAY NOT BE THE APPROPRIATE THING RIGHT NOW, BUT IT CAN GROW INTO THAT. BUT WHAT YOU'RE SHOWING ON YOUR PRELIMINARY SITE PLAN DOESN'T SEEM TO SET UP THIS PROPERTY FOR THAT FUTURE EVOLUTION THAT YOU'RE TALKING ABOUT. YES. IT'S ALL IT'S ALL RETAIL. IT'S ALL ONE STORY RETAIL. AND SO THE EVOLUTION, IF I'M UNDERSTANDING CORRECTLY, THE EVOLUTION OF A GATEWAY DEVELOPMENT THAT YOU'VE TALKED ABOUT IS NOT REALLY THE EVOLUTION OF THIS, WHICH IS THE GATEWAY. YOU'RE IT'S THE EVOLUTION OF FUTURE PROPERTIES OF OTHER DEVELOPERS, HOPEFULLY DOWN FARTHER ALONG THE TOLLWAY, NOT NOT THIS GATEWAY PIECE OF PROPERTY. IS THAT CORRECT, THAT YOU'RE NOT LOOKING TO SEE THIS PROPERTY EVOLVE INTO THAT FULL GATEWAY DEVELOPMENT THAT YOU'VE BEEN TALKING ABOUT? IT'S BOTH, SIR. SO ONE, THIS PROPERTY ITSELF IS GOING TO BE EVOLVE. AS I MENTIONED. GIVE THE EXAMPLES IN THE GATEWAYS THAT WERE EVERYTHING, EVEN THOUGH IT WAS CONSTRUCTED AS A RETAIL OUT OF THE 1520 YEARS OF THE TIME, AS WHEN THE NEED ARISES, SOME OF THE SMALL RETAIL PARCELS HAVE BEEN DEMOLISHED FOR A VERTICAL DEVELOPMENTS. THAT'S ONE EVOLUTION. AND DEFINITELY THIS IS GOING TO HELP CREATING THAT EVOLUTION NEEDS FOR OTHER PROPERTIES. SO I'M SEEING BOTH OPTIONS HAPPENING FROM HERE. SO LET ME MAKE SURE I UNDERSTAND WHAT YOU JUST SAID THERE TOO.

LET ME JUST REPEAT THAT BACK. SO YOU YOU WOULD SEE THE EVOLUTION OCCURRING. FIRST OF ALL BUILD US ALL OUT AS RETAIL AND THEN POTENTIALLY LATER IN THE FUTURE, KNOCK SOME OF THE RETAIL DOWN AND BUILD A HIGHER A TALLER BUILDING OR FOR OTHER KINDS OF USES, WHICH MEANS THAT YOU'RE TAKING OFF THE RETAIL. THAT'S KIND OF HELPED BRING IN THAT KIND OF OTHER FURTHER USE, IT SEEMS LIKE. SO I'M NOT I'M NOT I'M NOT FOLLOWING THAT CONCEPT OF THE GATEWAY EVOLUTION. AND I THINK WHAT, WHAT WE WERE LOOKING FOR AND HOPING TO SEE IN THIS PIECE OF PROPERTY, BECAUSE THIS IS SUCH A KEY PIECE OF PROPERTY, IT'S ON THE TOLLWAY. ALL THE TOLLWAY IS GOING TO BE KEY TO US. NOW, THIS IS AN ENTRANCE TO OUR PROPERTY AND AND OR TO OUR GATEWAY TO OUR CITY. AND SO I THINK WE WERE HOPING TO SEE THAT EVOLUTION HAPPEN HERE, YOU KNOW, AND SO I CAN UNDERSTAND THAT YOU WOULD START WITH RETAIL, THAT YOU WOULD START WITH A VERY ATTRACTIVE RETAIL, THE KIND OF CLASS-A THINGS THAT YOU'RE TALKING ABOUT. THAT'S GOOD. I THINK I'M TOTALLY SUPPORTIVE OF THAT. THAT'S THE KIND OF RETAIL WE WANT.

ALTHOUGH I'M I'M NOT REAL CONVINCED THAT WHAT YOU'RE PUTTING RIGHT ON THE VERY FIRST CORNER, WHAT YOU'RE TALKING ABOUT IS THAT KIND OF QUALITY RETAIL THAT I'M YOU KNOW, WHAT YOU, WHAT YOU'VE TALKED ABOUT, I KNOW THAT'S STILL NOT FINAL, BUT THAT THE, THE DRUGSTORE PHARMACY KIND OF THING DOESN'T REALLY HIT ME AS CLASS A BUT BUT NONETHELESS, THAT'S I ARE I WAS JUST LOOKING TO SEE A PLAN TO SEE THAT THIS THIS PARTICULAR SITE PLAN, PRELIMINARY SITE PLAN COULD SHOW, REFLECT THAT KIND OF EVOLUTION ON THIS PROPERTY.

YOU'RE NOT ABLE TO SHOW THAT BECAUSE YOU'RE GOING TO BUILD IT ALL AS RETAIL AND PERHAPS LATER, SOMETIME IN THE FUTURE, WE MIGHT CAN SEE OTHER GROWTH, BUT IT WOULD HAVE TO TAKE TEARING DOWN BUILDINGS TO DO THAT. AND SO WHAT WE ARE TRYING TO DO, AS I MENTIONED, IS BUILD THE RETAIL TO THE NORTH OF THAT ROAD, SEPARATING CONNECTING BETWEEN D AND T AND SHAWNEE TRAIL, AND WHICH IS A, WHICH IS GOING TO TAKE ABOUT THREE YEARS TO COMPLETE AND GET OCCUPIED.

AND IF WE ARE LUCKY, WE WOULD BE ABLE TO ATTRACT AN OFFICE USER. SO THAT WOULD BE ABLE TO

[00:50:06]

OCCUPY THE 15 ACRES TO THE SOUTH OF THAT ROAD. IF IF NOT, THAT LAND IS GOING TO SIT VACANT FOR THE OFFICE USER, THEN THE NEXT PHASE IS GOING TO BE WE CONTINUE TO BUILD THE RETAIL WITH THE EVOLUTION PROCESS ABOUT. IT'S GOING TO TRANSFORM ITSELF INTO A CLASS-A VERTICAL TOWERS IN THOSE PLACES DOWN THE LINE. YES. THANK YOU, MR. CHAIR. I'VE GOT 6 OR 7 QUESTIONS HERE, SO APOLOGIES IN ADVANCE. I'LL TRY AND BE AS QUICK AS I CAN. I THINK I'LL START WITH I FIND MYSELF IN IN A SOMEWHAT UNFAMILIAR POSITION HERE OF BEING POTENTIALLY THE MOST SYMPATHETIC TO THIS ON THE COMMISSION I WAS LAST TIME AS WELL. BUT I DO HAVE SOME QUESTIONS AND CONCERNS, BECAUSE A LOT OF THIS GOES, MY SUPPORT MIGHT BE TOO STRONG, BUT MY LACK OF AVERSION TO THIS REALLY GOES DOWN TO WHETHER WE ARE ULTIMATELY GETTING WHAT IS ON THESE SLIDES. AND I THINK MY OVERARCHING QUESTION HERE, AND I'VE GOT A FEW THAT MAYBE HAVE LESS MATERIALITY, IS WHAT WHAT GUARANTEES US THAT THE MATERIALS AND THE USES AND ALL OF THESE THINGS ARE ACTUALLY ENFORCEABLE. AND THAT IS WHAT IS GOING TO BE BUILT BECAUSE I, I DON'T BELIEVE THERE'S AN INTENTION FOR A DEVELOPMENT AGREEMENT HERE. RIGHT. OR AM I INCORRECT. AND SO WE ARE WILLING TO PUT IT IN WRITING AND WORK WITH THE CITY TO MAKE SURE WE FOLLOW THOSE GUIDELINES AND THE MATERIALS USAGE. DAVID, IS THAT SOMETHING THAT THAT WORKS FOR ACHIEVING THAT GOAL OF MAKING SURE THAT WHAT'S PRESENTED IS ACTUALLY REQUIRED TO BE BUILT? NO, NOT WITHOUT, EXCUSE ME, A DEVELOPMENT AGREEMENT, BECAUSE WE DON'T HAVE ANY OF THOSE SPECIFIC TYPES OF REGULATIONS IN OUR ZONING DEVELOPMENT CODES. WE'RE NOT ALLOWED TO DO THAT. FROM THE LEGISLATIVE PERSPECTIVE. THANK YOU. OKAY, I'LL CIRCLE BACK TO THAT IN A SECOND. THE OTHER QUESTION I, I AM CURIOUS ABOUT, AND I DON'T MEAN THIS QUESTION IN ANY SORT OF STANDOFFISH WAY, BECAUSE I ACTUALLY VOTED AGAINST TABLING THIS LAST TIME. BUT A LOT OF THE OTHER COMMISSIONERS HAD SOME, I THINK, REALLY GOOD COMMENTARY AS FAR AS SOME THINGS THAT COULD CHANGE HERE AND THERE. AND I'M JUST CURIOUS WHY WHY THERE WEREN'T ANY CHANGES AS THIS CAME BACK, BECAUSE SOME OF THEM DID NOT EVEN REQUIRE A HUGE, YOU KNOW, SHIFT TO BUILDINGS AND THINGS LIKE THAT. SO I'M JUST KIND OF CURIOUS WHY IT'S BEING REPRESENTED EXACTLY HOW IT WAS LAST TIME. I THINK LAST TIME WHEN IT WAS PRESENTED, THE FOCUS WAS PURELY ON THE LAYOUT AND THE DESIGNING AND WHAT IT IS SHOWN. AND IT WAS NOT WALK, WALK, WALK THROUGH WITH THE COMMISSION ABOUT WHAT WENT THROUGH AND WHY WE HAVE ARRIVED, WHERE WE HAVE ARRIVED AND WHAT ARE THE SPECIFIC DETAILS WE ARE PAYING ATTENTION TO IN TERMS OF MAKING IT COMMUNITY FRIENDLY AND THE QUALITY, ETC. WHICH ARE NOT PART OF THAT PSP. SO WE HAVE CAME HERE TO EXPLAIN THE PROCESS WE HAVE GONE THROUGH AND THE COMMITMENT WE ARE MAKING AND WHY WE THINK THIS IS GOING TO MAKE A GATEWAY QUALITY DEVELOPMENT. THE WAY YOU GUYS ARE ENVISIONING IT. THANK YOU. OKAY, A VERY QUICK, I HOPE TWO PART QUESTION ON THAT NORTHEAST CORNER BECAUSE THAT IS EFFECTIVELY THE ENTRY. YES. ON THE DESIGN. THERE'S A LITTLE MONUMENT SIGN OR SOMETHING OF THAT NATURE UP IN THAT CORNER.

WHAT DO YOU ENVISION FOR THAT. SO WE ARE OPEN TO WORK WITH CITY TO CREATE A VERY UNIQUE SCULPTURE THAT PROSPERITY. WE WANT THE PEOPLE TO REMEMBER IT AS THE ENTRY AND READY TO BUILD THAT ONE FOR YOU. GOT IT. AND THEN STEPPING BEHIND THAT INTO THE DEVELOPMENT ITSELF, TO COMMISSIONER BLANCHETT'S CONCERN ABOUT WHAT IS KIND OF DIRECTLY ON THAT CORNER, ARE YOU ALL DETERMINED THAT THAT WILL BE SOME SORT OF PHARMACY TYPE DRUGSTORE LIKE CVS, WALGREENS, ONE OF THOSE TYPE OF WE HAVE NOT COMMITTED TO ANY OF THE TENANT YET. SO WE ARE WORKING WITH NATIONAL TENANTS AND WITH THE VERY HIGH END QUALITY OPTIONS WE HAVE. AND THIS IS LIKE A CHICKEN AND EGG. THE QUALITY TENANTS DON'T WANT TO TALK TO US UNTIL WE HAVE APPROVAL. AND SO BECAUSE THEY WANT SOME CERTAINTY BY WHEN WE CAN DELIVER, BECAUSE THEY CAN'T SIT AND SAY THAT, HEY, THEY KNOW THAT WE HAVE BEEN WORKING ON THIS FOR 17 MONTHS AND IT'S VERY DIFFICULT TO MAKE THEM SAY YES, BUT WE ARE WORKING OUR BEST TO TALK TO THE NATIONAL TENANTS AND HIGH QUALITY TENANTS. YEAH, I CAN CERTAINLY APPRECIATE THAT. I THINK AT THE SAME TIME, SOME OF THE. MYSTERY OF IT OR THINGS THAT AREN'T KNOWN CAN MAKE US UNEASY AT TIMES AS, AS WELL. OKAY. AND I THINK THIS MIGHT BE MY LAST ONE. I WANT TO DRILL DOWN ON, ON COMMISSIONER BLANCHETT'S LINE OF QUESTIONING AND TRY AND REALLY MAKE THIS CLEAR. SO AS I UNDERSTAND IT, WHAT YOU'RE SAYING IS THAT BASICALLY IN THE MIDDLE OF THAT DEVELOPMENT, THERE IS A ROAD THAT CROSSES THROUGH THAT. YOUR INTENTION AT THE OUTSET IS TO BUILD THE BUILDINGS THAT ARE ON THE NORTH SIDE OF THAT ROAD. YES. AND THEN ON THE SOUTH SIDE, IT IS A

[00:55:04]

WAIT AND SEE APPROACH WHERE IF IT ATTRACTS OFFICE USERS, YOU MAY COME BACK AND ASK FOR OFFICE AND IF NOT, BUILD THE RETAIL. EXACTLY. GOT IT. AND ONE THING I'D LIKE TO ADD, YOU SAID THIS EARLIER, BUT JUST TO REITERATE, YOU KNOW, THE THE PSP SAGA WANTED TO PRESENT A PLAN THAT COULD GO TODAY. WELL, THAT'S KIND OF THE OPPOSITE OF WHAT WE HOPE GOES THERE. BUT HE ALSO DIDN'T WANT TO TO PRESENT A PRETTY PICTURE THAT JUST GOES IN THE FILE. AND IN X NUMBER OF YEARS, NOTHING EVER GETS BUILT THERE. SO WE WERE DISCUSSING THAT A LITTLE BIT OF JUST THE TENSION OF SHOWING SOMETHING THAT WE KNOW IF WE BUILD IT ALL TODAY, YOU COULD BUILD VERSUS THE FUTURE PIECE. YES. SO, YOU KNOW, I THINK SOME OF THAT IS JUST IN THE THE REQUEST THAT WE'RE HERE FOR. IT'S A LITTLE BIT BAKED IN IN HOW WE SHOW THAT ON THE PSP. BUT YEAH, THAT MIDDLE DRIVE IT JUST I'M THE ENGINEER. SO IT'S NOT TECHNICALLY A PUBLIC STREET.

IT'S JUST A DRIVE CUTTING THROUGH THERE. BUT WE'RE THE INTENT IS TO MAKE IT BEAUTIFUL AND ALL THOSE GOOD THINGS. ANYWAYS, I THOUGHT THAT WAS REAL SORRY. THANK YOU. AND I THINK I THINK MY LAST QUESTION, I'M ONLY GOING TO ASK THIS BECAUSE IT WAS IN THE SLIDE AND IT IT CAUGHT MY ATTENTION ON THE THE PROPERTY TAX CALCULATION. THAT SEEMED A LITTLE LIGHT ON THE PROPERTY TAXES, BUT THAT'S NEITHER HERE NOR THERE. IT ULTIMATELY WHAT WHAT YOU ENVISION THIS IS SOMEWHERE IN THE $75 MILLION RANGE AS FAR AS ASSESSED VALUE.

YES. OKAY. YEAH. SO LOOK I AS I KIND OF I ALSO MENTIONED MY CONSERVATIVE SIDE. THIS IS THE MONEY WHAT YOU'RE PUTTING INTO THE GROUND. SO EVEN IF THE ASSESSMENT IS GOING TO BE THE MONEY, WHAT WE ARE GOING TO PUT IN THE GROUND, THAT'S THE VALUE I MEANT THE THE TAX BILL ON $75 MILLION OF VALUE. BUT THAT'S FAR LESS IMPORTANT AT THE TIME BEING, LIKE I SAID AT THE OUTSET, I'M REALLY NOT IN THEORY OPPOSED TO THIS USE. I DON'T LIKE DENSITY FOR THE SAKE OF DENSITY. YOU KNOW, I THINK TWO STORY RETAIL, THINGS LIKE THAT JUST DON'T REALLY WORK. MY CONCERN WITH IT IS THAT IT'S POSSIBLE THAT THERE ARE NO ACTUAL. YOU KNOW, TRIGGERS OR REQUIREMENTS THAT ARE ENFORCEABLE. AND I THINK EVEN WHEN YOU WERE ON THAT LAST SIDE A MINUTE AGO, LAST SLIDE A MINUTE AGO THAT HAD THE KIND OF LIST OF, OF THINGS THAT WERE BEING USED TO MAKE THIS A TRUE GATEWAY DEVELOPMENT. I THINK YOU HAD USED THE TERM ENFORCEABLE THINGS THAT YOU GUYS WERE COMMITTING TO, AND IT WOULD BE REQUIRED TO DO. AND IF IT IT WOULD BE REALLY TOUGH FOR ME TO SUPPORT IT WITHOUT SOMETHING THAT ACTUALLY DOES THAT, SOMETHING THAT GUARANTEES THAT WHAT IS BEING PRESENTED TO US, THIS QUALITY IS WHAT WE ACTUALLY GET CONCEPTUALLY. I REALLY DON'T MIND IT AS LONG AS THAT IS WHAT WE'RE GETTING. AND THAT'S MY CONCERN. AND AGAIN, I TAKE THE GUIDANCE OF CITY STAFF AND EVERY, EVERY, EVERY PLOT THAT'S GOING TO BE BUILT, EVERY BUILDING WILL AGAIN COME FOR REVIEW FOR THE QUALITY AND THE STANDARDS. SO HAS A CITY STAFF, I BELIEVE HAS AN OPTION TO POINT US BACK TO THE QUALITY, WHAT WE ARE COMMITTING AND IF IT IS GOING TO HELP US TO PUT SOMETHING IN WRITING, WE ARE OPEN. THANK YOU, MR. CHAIR. NO QUESTIONS. COMMISSIONER, DO YOU HAVE ANYTHING? APPRECIATE YOUR PRESENTATION. THANK YOU. I WOULD SAY FROM FROM MY STANDPOINT, BECAUSE I WASN'T HERE THE LAST MAN, A DEATH IN THE FAMILY. SO I WASN'T HERE FOR THE LAST MEETING. BUT THANK YOU. BUT I DID SEE THAT THE COMMISSIONERS HAD ALL ASKED FOR SOME CHANGES TO BE TO BE BROUGHT ABOUT SOME DIFFERENT THINGS THAT THEY WERE LOOKING FOR. WHEN I LOOK AT IT, I LOOK TO SEE IF IT CONFORMS WITH THE COMPREHENSIVE PLAN THAT WE HAVE IN PLACE. AND HOW DOES IT AFFECT YOUR NEIGHBORS BELOW, ABOVE, TO THE RIGHT AND THE LEFT OF YOU TO MEET THE STANDARDS? SO FOR ME, THAT'S SOME OF THE THINGS THAT I'M THINKING ABOUT AS WELL WHEN IT COMES TO THIS, TO THIS PROJECT. SO BUT THANK YOU FOR, FOR THAT AND WE'LL JUST GO INTO QUICK DISCUSSION. THANK YOU SIR. THANKS EVERYONE. THANKS FOR THE TIME REPRESENTING THIS. THANK YOU. SO SO I GUESS DOES ANYONE HAVE ANYTHING THAT THEY WANT TO SAY BEFORE WE TAKE A MOTION HERE. BECAUSE IF NOT I'LL ENTERTAIN A MOTION. GO FOR IT. SO MY QUESTION FOR STAFF IS WHAT PROCESS TO TO TO HAVE AN ENFORCEABLE AGREEMENT TO THE, TO THE COMMITMENTS THEY'VE MADE WITH REGARD TO QUALITY OF THE DEVELOPMENT, THOSE KIND OF THINGS. HOW DOES THAT HAPPEN? IT DOESN'T HAPPEN THROUGH A PRELIMINARY SITE PLAN, I KNOW THAT, BUT SO WHAT HAS TO HAPPEN

[01:00:06]

TO MAKE THAT? EARLY ON IN THIS CONVERSATION WITH THE APPLICANTS, WE DISCUSSED THE POSSIBILITY OF OF CONVERTING THE THE ZONING TO PD PLANNED DEVELOPMENT, IN WHICH CASE WE COULD DO A DEVELOPMENT AGREEMENT. AND THAT IS PRIMARILY AND PROBABLY THE ONLY WAY FROM THE TOWN'S PERSPECTIVE, THAT WE COULD ENSURE WHAT Y'ALL ARE SUGGESTING WOULD ACTUALLY HAPPEN, THAT THAT'S WHY WE'RE PD FRIENDLY, AS I CALL IT, IS BECAUSE THAT ALLOWS US TO DO THE DEVELOPMENT AGREEMENT, WHICH ALLOWS US TO CODIFY ALL THE ITEMS THAT WERE ON THAT SLIDE, THAT THAT COMMISSIONER FIORE WAS JUST JUST MENTIONING NOT ONLY THE USES THAT ARE IN THERE, THE THE NON-FAMILY FRIENDLY USES THAT THAT WE ALL TALK ABOUT, AS WELL AS THE MATERIALS THAT THEY HIGHLIGHTED THAT, THAT WERE BEING PROPOSED TO BE USED. BUT WE CAN'T REQUIRE THAT AT THE TIME OF THE BUILDING PERMIT UNLESS IT'S IN SOME TYPE OF A DEVELOPMENT AGREEMENT. SO THAT WOULD INCLUDE THE THE KINDS OF BUSINESSES THAT THEY SAID THEY WOULDN'T ALLOW, YOU KNOW, THE THINGS THAT WERE ALL THERE. THOSE HAVE TO BE COVERED IN A DEVELOPMENT AGREEMENT, ENFORCEABLE, OR THE PD CAN TAKE CARE OF THE SPECIFIC ZONING BASED ON THE LIST OF PERMITTED USES. BUT THE DEVELOPMENT AGREEMENT IS NOT PART OF THE ZONING. IT'S ACTUALLY A CONTRACT, WHICH IS WHERE WE PUT THE THINGS, AND WE TYPICALLY WILL PUT THE SAME THAT THAT THAT NON-FAMILY FRIENDLY USES. WE TYPICALLY PUT THEM IN MOST PLACES, BUT IT'S THE ZONING THAT REALLY DRIVES THAT BUTTON. AND THEN THE DEVELOPMENT AGREEMENT DRIVES THE ESTHETICS, THE APPEARANCE, SOMETIMES THE LANDSCAPING ISSUES THAT THAT WE MAY INCREASE. BUT SO THAT'S THAT'S WHY WE USE THE TWO IN TANDEM. SO PD IS THE IS THE BOTTOM LINE ON THAT OKAY. AND AND TO THAT WITH THE PD HAVE TO COME BEFORE THE PRELIMINARY SITE PLAN. THE PD PROCESS HAS AS A PART OF IT A CONCEPTUAL PLAN. AND THE CONCEPTUAL PLAN CAN ACTUALLY BE JUST LIKE THE PSP. DEPENDING ON IT DEPENDS ON WHEN IT COMES ALONG. THE FACT THAT THAT THIS MUCH WORK HAS GONE INTO A PSP, THEN IT'S PRETTY EASY TO CONVERT IT OVER TO AND USE IT AS THE CONCEPTUAL PLAN, EVEN IF IT'S HAD ADJUSTMENTS TO IT. IF THE PD STARTS AS A PD PROCESS, THE CONCEPT PLAN MAY NOT ALWAYS HAVE THE SAME LEVEL OF DETAIL AS THE PSP, SO SOMETIMES IT'S CLEARLY TWO SEPARATE STEPS. BUT IF WE GO BACK TO DO THE PD, I THINK WE COULD PROBABLY MAKE IT THE CONCEPT PLAN AND THE PSP THE SAME. SO IT WOULDN'T HAVE TO BE TWO SEPARATE PROCESSES AND TWO SEPARATE DOCUMENTS, IF YOU WILL. SO I, YOU KNOW, CAN I MAKE A COMMENT TO MR. CHAIRMAN? I JUST I JUST WANT TO RESPOND TO WHAT WAS SAID JUST A LITTLE WHILE AGO ABOUT THE APPLICANT TO, YOU KNOW, AND I APPRECIATE WE'RE AT A PRELIMINARY SITE PLAN. I APPRECIATE THAT IS THAT WE'RE PROBABLY LOOKING INTO THIS, A PRELIMINARY SITE PLAN MUCH MORE DEEPLY THAN WE NORMALLY WOULD IN SOME, IN SOME LOCATIONS OF THE CITY. BUT THIS IS THE GATEWAY. THIS IS A GATEWAY INTO THE CITY. THIS IS ON OUR OUR YOU KNOW, WE ONLY THREE MILES OF TOLLWAY. SO WE WANT TO GET THIS RIGHT. SO WE GOT TO START RIGHT. AND SO, YOU KNOW, I WOULD ALMOST HAVE PREFERRED I MEAN SOMEBODY MENTIONED THAT, YOU KNOW, THEY WANTED TO SHOW WHAT COULD BE BUILT. NOW I PERSONALLY DON'T HAVE A PROBLEM WITH WAITING FOR THINGS TO GET BUILT TO MAKE SURE IT'S THE RIGHT THING TO BE BUILT. I WOULD RATHER HAVE SEEN A THE GRANDER VISION OF WHAT THIS COULD BE. IF YOU REALLY SAW A AN EVOLUTION OF THIS PROPERTY INTO SOMETHING GRANDER THAN THIS. THAT'S WHAT I WANT TO SEE, BECAUSE I WANT THE GRANDER. I WANT THE GRANDNESS FOR FOR PROSPER. AND I WOULD LOVE TO HAVE SEEN THAT AND THE AND THE PHASING AND THOSE KIND OF THINGS. SO IT MAKES IT VERY DIFFICULT FOR ME. ON THE IN TERMS OF THE, OF THIS PRELIMINARY SITE PLAN, IT MAKES ME UNCOMFORTABLE BECAUSE I DON'T SEE THAT THAT GATEWAY EVOLUTION THAT YOU'RE TALKING ABOUT. I UNDERSTAND THE EVOLUTIONARY PROCESS THAT YOU'RE TALKING ABOUT HERE. IT MAKES PERFECT SENSE. I CAN UNDERSTAND THAT'S GOING TO HAPPEN, AND I KNOW IT TAKES YEARS. AND THAT TAKING YEARS DOESN'T BOTHER ME. IF IN THE END WE GET GET WHAT IS REALLY THE BEST FOR PROSPER. AND I'M JUST NOT CONVINCED THAT YOU KNOW, THIS, THAT ALL RETAIL ON THIS PROPERTY IS IT'S PLANNED

[01:05:02]

HERE IS IS IS IS THE BEST. BUT SO THAT'S THAT'S WHAT I'M STRUGGLING WITH HERE AS WE MAKE TAKE THIS INTO CONSIDERATION. SO THANK YOU MR. CHAIRMAN CAN I ADD A FEW COMMENTS. IT'S OPEN MIC RIGHT NOW. I ECHO A LOT OF THE COMMISSIONERS CONCERNS. FRANKLY I'M NOT FOR HOW THIS IS CURRENTLY AT. BUT I'LL GIVE YOU SOME SPECIFICS BECAUSE I THINK WE OWE YOU THAT. I THINK THE NORTHERN GATEWAY, YOU KNOW, IS BEING A LITTLE BIT UNDER UNDERPLAYED AND UNDERVALUED.

FRANKLY, I THINK THE TERM GATEWAY IS A VERY INTERESTING ONE. AND IN FACT, IN OUR DESIGN STANDARD, WE HAVE ADOPTED TOLLWAY DESIGN GUIDELINES. AND IT REFERENCES THIS AS LIKE THE FRONTIER GATEWAY. AND IT ACTUALLY TALKS ABOUT MINIMUM OF TWO STOREY IN HEIGHT AND OTHER DENSITY REQUIREMENTS. I DO APPRECIATE COMMISSIONER FURY, LIKE YOU DON'T NEED 20 STORY TOWERS ALL DOWN THE WHOLE TOWN. I DON'T THINK THAT'S WHAT WE'RE LOOKING FOR, BUT THE FACT THAT THIS HAS ZERO MIXED USE AS PROPOSED, THERE'S NO PHASING TO SHOW ANY FUTURE FUTURE PHASING.

THIS FEELS LIKE A AND I'M NOT GOING TO GET INTO A DEBATE WITH MR. ROGERS. I THINK FROM A RETAIL PERSPECTIVE, YOU CAN FAR OUTPACE ME ON THAT. HOWEVER, I'LL SAY THIS FEELS SOMETHING LIKE THE CENTER OF PRESTON RIDGE, SOMETHING THAT GOES OFF OF PRESTON, NOT OFF OF THE TOLLWAY, IN MY OPINION. AND I JUST DON'T THINK THAT IT HAS THAT QUALITATIVE, THAT QUALITATIVE LOOK AND FEEL THAT PROSPER IS LOOKING FOR. IT'S INTERESTING THAT YOU BROUGHT UP WATERS CREEK, AND I DON'T MEAN TO WEAPONIZE THAT AGAINST YOU, BUT I WILL SAY THAT'S PROBABLY, TO ME, ONE OF THE BEST DEVELOPMENTS IN COLLIN COUNTY. AND I THINK VERY WELL DONE. AND IT ALSO AFFORDED THE TOWN THAT WOULD BE A CITY. AND, ALAN, A LOT OF TIME AND PATIENCE TO GET THAT TO WHERE IT IS TODAY. UNFORTUNATELY, I THINK FOR A LOT OF DEVELOPERS, WHEN THEY COME TO PROSPER, WE HAVE PATIENCE, WE HAVE TIME. IT'S WAY MORE IMPORTANT FOR US TO GET IT RIGHT THAN IT IS TO GET IT DONE. AND I THINK THAT'S THAT'S MAYBE NOT ALWAYS IN FAVOR OF JUST CRAMMING RETAIL OR WHATEVER IT MAY BE, MULTIFAMILY, WHATEVER THE WHATEVER FOLKS ARE TRYING TO DO, WE'RE TRYING TO DO IT RIGHT. AND I THINK THAT'S THE NORTH STAR FOR US. AND I THINK I THINK THAT'S JUST A FEW OF THE KEY POINTS THAT I WOULD SAY. I APPRECIATE THAT. COMMISSIONER, COMMENT ON PUTTING A LOT OF EFFORT INTO OUR PRELIMINARY SITE PLAN. I THINK IT'S REALLY IMPORTANT TO DO NOW. AND I THINK YOU'VE YOU'VE BEEN A GOOD PARTNER TO US. SO I DON'T WANT TO JUST NECESSARILY DENY IT AND GO BACK TO THE TABLE, GO BACK TO THE STARTING POINT. THAT'S NOT NECESSARILY WHAT I WOULD LOVE TO SEE, BECAUSE I THINK THERE'S A LOT OF HARD WORK HERE, BUT I THINK WE GOT TO FIND A WAY TO GET THE QUALITY LEVEL UP THE DENSITY UP A LITTLE BIT, OR AT LEAST PROPOSE SOME FUTURE PHASES ON THE PROPERTY AND NOT RELY ON OUR NEIGHBORS. AND I THINK WE GOT TO FOLLOW AT LEAST SOMEWHAT IN LINE WITH THE TOLLWAY GUIDELINES THAT EXIST TODAY. AND THE FUTURE ONES TO COME ARE GOING TO HELP DEFINE THAT EVEN MORE. BUT THERE ARE DESIGN STANDARDS THAT EXIST, AND IT ACTUALLY REFERENCES THE WEST SIDE OF THE TOLLWAY FROM FRONTIER TO PROSPER TRAIL, WHICH THIS THIS SITS IN AND IT'S NOT MEETING IT. SO I WAS JUST LOOKING THROUGH MY NOTES, I APOLOGIZE. YOU KNOW, THERE WAS A LOT OF CONVERSATION ABOUT WALKABILITY. I LOVE THAT CONCEPT. WHEN THERE'S SOME SORT OF MIXED USE COMPONENT, AN OFFICE USER, TO GO TO A RESTAURANT OR A RETAIL SPACE OR A RESIDENT, WHETHER IT'S TOWNHOMES, MULTIFAMILY, SINGLE FAMILY TO GET THERE, YOU KNOW, THERE'S NO REAL CONNECTIVITY FROM THE CENTER OF THIS OUT TO SHAWNEE TRAIL, WHERE THERE'S THERE'S HOUSING TO THE WEST, AND MAYBE IT'S JUST NOT SHOWN. I GET IT, IT'S A PRELIMINARY PLAN, BUT THAT'S A PRETTY KEY TENANT IF YOU'RE GOING TO SELL CONNECTIVITY TO SHOW SOME OF THOSE THINGS. I THINK WHEN WE TALK ABOUT QUALITY DEVELOPMENT, I APPRECIATE THE EXPLANATION ON SOME OF THOSE EXAMPLES WERE VERY GOOD AND I THINK APPLICABLE. I THINK WHAT WE DIDN'T TALK ABOUT IS QUALITY. I GUESS YOU'D CALL IT RETAIL STORES IN THOSE SCENARIOS OF KIND OF WHAT KIND OF STORES DO YOU ENVISION OR PROBABLY NOT USING THE RIGHT TERMINOLOGY, BUT YOU KNOW, SOME OF THOSE EXAMPLES WOULD HAVE BEEN VERY HELPFUL. AGAIN, WE'RE NOT LOOKING FOR A SPECIFIC USER, SO WHETHER IT'S ONE OR THE OTHER, THAT'S NOT WHAT OUR COMMENT IS, BUT JUST KIND OF WHAT THE LEVEL OF QUALITY YOU'RE REFERRING TO. I THINK THAT'S IT. THAT WAS MY COMMENT. SO APPRECIATE ALL THE WORK SO FAR. ALL RIGHT. EVERYONE ELSE GOOD. THANK YOU.

SO I GUESS AT THIS TIME I'LL ENTERTAIN A MOTION TO EITHER APPROVE OR DENY OR TABLE THE ITEM. DO WE HAVE ANY COMMISSIONERS THAT I'M AT THAT POINT? CORRECT? YES. ALL RIGHT.

[01:10:06]

I DON'T I MEAN, I, I GUESS IT'S MORE FOR CONVERSATION THAN, THAN RIGHT NOW IN MOTION, BUT I'M EITHER IN FAVOR OF TABLING IT AND SEEING IF WE CAN ADDRESS SOME OF THOSE THAT WE TRY TO BE VERY SPECIFIC WITH OR DENYING IT. BUT I DON'T WANT TO START THE PROCESS COMPLETELY BACK OVER IF THAT'S UNNECESSARY. BUT I DON'T WANT TO COME BACK TABLE AND COME BACK WITH THE EXACT SAME SITE PLAN AGAIN. I DON'T THINK THAT HELPS ANYBODY. SO IF ANYBODY HAS ANY THOUGHTS. WELL, I AGREE WITH THAT. I. TABLING IS ONLY IS ONLY GOOD IF WE IF THE APPLICANT IS IS PREPARED TO DO SOMETHING DIFFERENT. WHAT I WOULD LIKE TO SEE IS NOT ONLY, YOU KNOW SOME IMPROVEMENT ON THIS. JUST, JUST WE'RE TALKING ABOUT JUST IMPROVEMENTS. WE'RE NOT THROWING THIS ALL OUT.

WE'RE JUST TALKING ABOUT IMPROVING SOME MORE. BUT I'D ALSO LIKE TO SEE MORE DISCUSSION WITH REGARD TO THE TO THE PD PROCESS, BECAUSE, AGAIN, SO MANY OF THE COMMITMENTS THAT THAT YOU'RE MAKING THAT YOU'VE SAID THAT YOU'D MAKE, I MEAN, THAT'S THE PROCESS WE GOT TO GO THROUGH, AS I UNDERSTAND IT. SO IT LOOKS TO ME LIKE THERE NEEDS TO BE SOME MORE CONSIDERATION WITH THE STAFF ON THAT. SO IF IF TABLING IT WILL HELP TO CONTINUE THAT CONVERSATION IN THE APPLICANTS REALLY WILLING TO DO THAT, THEN I'M CERTAINLY IN FAVOR OF TABLING. BUT IT'S IT'S THAT'S THE QUESTION I GUESS I HAVE. AND WHEN WILL WE TABLE THIS TO DAVID? WHEN WOULD THIS BE TABLED TO TO THE NEXT. MY SUGGESTION WOULD BE. I KNOW IT'S GOING TO SOUND LIKE A LONG TIME OFF, BUT YOUR FIRST MEETING IN MARCH. OKAY. BECAUSE WE'VE GOT SEVERAL PRETTY LENGTHY ITEMS THAT ARE GOING TO BE IN YOUR FEBRUARY MEETINGS AND AND PUTTING A ANOTHER OR NOT ANOTHER, BUT A ZONING CASE THAT'S I WOULD ASSUME IS GOING TO HAVE SOME CONVERSATIONS WITH IT AS, AS PROBABLY NOT IN ANYBODY'S BEST INTEREST. SO THAT AND I THINK IT'LL TAKE US PROBABLY SAME AMOUNT OF TIME IF WE ACTUALLY REALLY LOOK AT, DEPENDING ON WHAT THE APPLICANT SAYS, IF WE ACTUALLY REALLY LOOK AT MAKING A FEW MODIFICATIONS TO IT, TO TO BRING IT BACK, TRYING TO ADDRESS WHAT, WHAT THE COMMISSION'S TALKING ABOUT, IT'S GOING TO TAKE US A COUPLE OF MEETINGS ANYWAY. SO IT'S REALLY WE'RE ALMOST AT THE END OF JANUARY, SO IT'S REALLY NOT THAT LONG TO YOUR FIRST MEETING IN MARCH. I PERSONALLY I WOULD LIKE TO POINT OUT I DIDN'T MENTION IT BEFORE AND I APOLOGIZE FOR THAT. I DO, AND STAFF DEFINITELY APPRECIATES THE APPLICANTS WORKING WITH US.

THEY'VE MENTIONED SEVERAL TIMES IT'S BEEN 17 MONTHS AND THAT THAT'S BEEN A LOT OF TIME. 17 MONTHS IS A MEETING 17 MONTHS AGO AND THEN A MEETING LAST MONTH. AND, YOU KNOW, PEOPLE WILL REFER TO THAT AS WE'VE BEEN WORKING WITH YOU A YEAR AND A HALF. THEY'VE BEEN WORKING WITH US. I THINK HE MENTIONED SEVEN TIMES OF OF CHANGES BACK AND FORTH. AND WE APPRECIATE THAT. AND WE THINK IT'S IT'S COME A LONG WAY. I WILL ALSO SAY, I THINK THAT THE PHASING THAT Y'ALL ARE TALKING ABOUT AND THE EVOLUTION THAT THAT THAT YOU'RE TALKING ABOUT, I WE CAN HAVE THE CONVERSATIONS, BUT REDUCING THAT TO SOME TYPE OF STRUCTURE IS A LITTLE MORE DIFFICULT. AND I THINK A LOT OF PEOPLE, REGARDLESS OF WHAT THEY DO, ENGINEERS, PLANNERS, FLIPPERS, WHOEVER, SOME HAVE A LOT OF VISION AND A LOT OF OF OF IDEA OF AND VISUAL PERSPECTIVE OF WHAT SOMETHING IS GOING TO LOOK LIKE WHEN IT'S DONE AND SOME NOT SO MUCH. AND IF WE DEVELOP A SITE PLAN THAT LOOKS LIKE ONE STORY RETAIL, THAT'S WHAT THE MAJORITY OF PEOPLE ARE GOING TO SEE IS THE SITE PLAN WITH ONE STORY RETAIL. IF WE DEVELOP ONE THAT HAS SOME OFFICE ON THERE, MAYBE THE OFFICE IS SOUTH OF THE ROADWAY THAT GOES THROUGH. IT'S A IT'S A PLACEHOLDER. IT'S A CONCEPT. AND BUT IT GETS WHOEVER IS LOOKING AT IT THINKING ABOUT, WELL, RETAIL IS GOING TO BE THE FIRST PHASE AND THEN WE'LL GROW INTO THE THE OFFICE COMMERCIAL PART. SO I THINK THERE'S SOME BENEFITS OF DOING THAT. AND I'D LIKE ONE MORE CRACK AT IT IF THE COMMISSION IS WILLING, AND IF THE APPLICANT IS WILLING TO SEE WHAT WE CAN COME UP WITH TO BRING IT BACK TO YOU AND SEE IF WE CAN PUT WHAT YOU'RE TALKING ABOUT INTO THE VISION AND WORDS THAT, THAT WE COULD, COULD ACTUALLY ALL LIVE BY, SO TO SPEAK. I THINK THERE'S AN

[01:15:01]

OPPORTUNITY THERE. IF IT DOESN'T WORK, YOU KNOW, THIS HADN'T HAVE GONE AWAY. IT CAN STILL COME BACK. SO IT'S A LITTLE TIME. BUT I THINK IT'S IT'S WORTH TRYING. ASSUMING THE APPLICANTS WILLING OBVIOUSLY THINK HE'S SHAKING HIS HEAD. YES I BELIEVE OKAY. YEAH, I THINK HE. I'LL SPEAK FOR PHOTOGRAPHERS. YEAH. I THINK THE CONVERSATION WE HAD TONIGHT AND THE REASON WE DIDN'T MAKE ANY CHANGES IS BECAUSE WE'RE, WE'RE KIND OF OUT OF CYCLE. I WISH WE HAD THIS ONE PREVIOUSLY. SO TONIGHT WE COULD BE LOOKING AT THE NEXT EVOLUTION. YOU KNOW WE'VE HEARD ABOUT CONNECTIVITY. WALKABILITY. AS DAVID WAS MENTIONING I'M AN ENGINEER SO I'M VERY LINEAR OF THIS. THE PLAN WE'RE SHOWING ON THE SOUTH. AND I'LL NEVER SHOW SOMETHING THAT WE'RE NOT PLANNING, BUT I THINK WE CAN WORK WITH OUR TEAM AND SHOW WHAT, WHAT THOSE ITEMS MIGHT BE. YOU KNOW HOW THAT PLAYS IN WITH THE THE STREET, THE DRIVE THAT GOES THROUGH THE MIDDLE, THE TREES. YOU KNOW, OUR LANDSCAPE TEAM HAS DEVELOPED, YOU KNOW, THINKING ABOUT IT, WE HAVE A OUR OFFICE BUILDING IN RICHARDSON IS RIGHT ON BUSH. AND EVERY TIME I LOOK OUT THERE SOMEONE IS RUNNING ON THE TRAIL AND IT'S, YOU KNOW, 115 IN THE AFTERNOON. I THINK THAT SOUNDS GREAT. BUT, YOU KNOW, THINGS LIKE THAT, THAT, THAT WE'RE, THAT WE'RE DOING, I THINK WE WANT TO POINT THOSE OUT AND WE CAN DO THAT. YOU KNOW, I DON'T KNOW IF WE HAVE TO GO TO A DATE CERTAIN ON THE TABLING, BUT WE'D BE COMFORTABLE, MAYBE INDEFINITELY PERHAPS. I DON'T KNOW IF WE CAN EVEN DO THAT, BUT UNTIL WE HAVE A CHANCE TO SIT DOWN, RUN THROUGH A FEW OPTIONS AND TALK THROUGH, YOU KNOW, THERE'S SOME LOGISTICS DEVELOPMENT AGREEMENTS WERE THROWN OUT AND THINGS LIKE THAT. WHATEVER. THE FIRST MEETING IN MARCH, I THINK MAKES A LOT OF SENSE OR, YOU KNOW, INDEFINITE IF EVERYONE'S COMFORTABLE WITH THAT. WE'VE BEEN A LITTLE INDEFINITE HERE FOR 17 MONTHS. AND SO A COUPLE MORE I DON'T THINK MOVES THE NEEDLE MUCH. I THINK WE'D BE OPEN TO WE CAN BASICALLY DO IT ON AN INDEFINITE BECAUSE IT'S NOT TWO ZONING. RIGHT. SO IT WE DON'T HAVE NOTICES THAT WE'VE CONTENDED WITH AND SO FORTH IN THAT REGARD. I MEAN, OBVIOUSLY WE HAVE AN AGENDA. MY MIND GOES TO IF WE TABLE IT TO A CERTAIN DATE IN MARCH AND EVERYONE'S ON SPRING BREAK OR, YOU KNOW, SOMETHING LIKE THAT. SO MAYBE WE AIM FOR THE 1ST MARCH. THE SECOND MEETING IN MARCH IS, IS WE'RE GOING TO HAVE THAT DISCUSSION LATER ON. BUT THAT IS SPRING BREAK AROUND HERE. BUT I THINK IF IF WE HAVE A TARGET, WE'RE ALL GOING TO WORK A LITTLE HARDER AT IT. AND THAT'S WHY I SUGGEST LET'S PICK THE FIRST MEETING IN MARCH, WHATEVER THAT IS, SECOND, THIRD, THIRD, MARCH 3RD. AND THEN IF, IF WE GET CLOSE TO IT AND WE'RE NOT READY YET, WE JUST DON'T PUT IT ON THE AGENDA. WE'LL JUST PUT IT ON. OH, BECAUSE IT'S NOT A PUBLIC. YES. YEP. SO WE CAN WE CAN FLOAT IT AROUND, SO TO SPEAK. BUT I THINK IT'S A GOOD IDEA TO HAVE A TARGET FOR ALL OF US, FRANKLY. SO WE CAN WE CAN SAY MARCH 3RD. YES, YES. WELL, I WOULD JUST SAY THANK YOU VERY MUCH. I THIS IS THE PROCESS HOW THIS SHOULD WORK. AND WE APPRECIATE IT. SO WITH THAT, I'LL MAKE A MOTION TO TABLE THIS TO THE MARCH 3RD MEETING. SO TABLE MOTION TO TABLE TO MARCH 3RD BY COMMISSIONER CARSON. DO WE HAVE A SECOND. I'LL SECOND THAT. WE HAVE A SECOND BY COMMISSIONER BUTLER. ALL THOSE IN FAVOR, PLEASE RAISE YOUR HAND. MOTION CARRIES 360 FOR TABLE. THANK YOU. ALL RIGHT. ALL RIGHT. WE'RE READY. YES. ALRIGHT. NEXT ITEM ON THE

[5. Conduct a Public Hearing and consider and act upon a request to rezone J. Durrett Survey, Abstract 350, Tracts 2 & 2A, and John M. McKim Survey, Abstract 889, Tract 4, on 49.9± acres from Agricultural to a Planned Development for Single-Family Residences, located on the north side of Prosper Trail and 855± feet west of Legacy Drive. (ZONE-25-0006)) ]

AGENDA IS ITEM NUMBER FIVE. CONDUCT A PUBLIC HEARING AND CONSIDER AND ACT UPON THE REQUEST TO REZONE J. DIRT. WHAT IS THAT DIRT SURVEY ABSTRACT 350. TRACKS TWO AND TWO A AND JOHN M MCKIM SURVEY ABSTRACT 889. TRACK 4 OR 49.9 PLUS ACRES FROM AGRICULTURAL TO A PLANNED DEVELOPMENT FOR SINGLE FAMILY RESIDENCES. LOCATED AT THE NORTH SIDE OF PROSPER TRAIL AT 855FT PLUS OR MINUS WEST OF LEGACY DRIVE. ZONING 25 006. THANK YOU. CHAIR. COMMISSIONERS, I WILL BE PRESENTING THIS ITEM. PLEASE KEEP IN MIND THERE HAVE BEEN SOME MODIFICATIONS SINCE THIS PACKET WAS PUBLISHED LAST WEEK. SO I'LL BE GOING OVER THE CHANGES THAT THE APPLICANT HAS PROPOSED. AS STATED, THIS PROPERTY IS NORTH OF PROSPER TRAIL. IT ACTUALLY EXTENDS ALL THE WAY NORTH TO PARVIN ROAD AND ALONG THE NORTHERN SIDE OF THAT TRACT THERE IS A CREEK THAT RUNS THROUGH IT. ON THE FUTURE LAND USE PLAN. WELL, CURRENTLY IT'S ZONED AGRICULTURAL AND SURROUNDING LAND USES CONSIST OF PROPERTY TO THE NORTH, WHICH IS IN

[01:20:02]

SALINA. WE HAVE PART OF OUR ETJ TO THE WEST AND AGRICULTURAL AND ONE PORTION OF NONRESIDENTIAL TO THE EAST. AND THEN WE HAVE SOME ESTABLISHED RESIDENTIAL TO THE SOUTH, AS WELL AS A LITTLE BIT OF COMMERCIAL. SO THAT'S KIND OF GIVES YOU AN OVERVIEW OF HOW IT SITS WITH REGARDS TO ADJACENT PROPERTIES. FUTURE LAND USE PLAN CALLS FOR MEDIUM RESIDENTIAL, MEDIUM DENSITY RESIDENTIAL. AND THAT IS DEFINED TWOFOLD. IT CAN BE. IT IS SINGLE FAMILY DWELLING UNITS ON LOTS THAT ARE 12,500FT■!S TO 20,000FT■!S. IN ADDITION, IT'S ALSO DEFINED AS HAVING DENSITY 1.6 TO 2.5 DWELLING UNITS PER ACRE. SO THE PROPOSAL IS THAT THEY DEVELOP THIS LAND FOR SINGLE FAMILY RESIDENTIAL WITH A MAXIMUM OF 96 LOTS. AGAIN THE PROPERTY BEING ABOUT 50 ACRES. THERE'S OF THAT THERE'S A NET OF 38 PLUS OR MINUS ACRES, YIELDING A DENSITY OF 2.49 UNITS PER ACRE, WHICH IS WITHIN THAT MEDIUM DENSITY THRESHOLD.

THE ORIGINAL PROPOSAL IN THE PACKET DESCRIBED THAT THE APPLICANT WOULD HAVE THREE DIFFERENT LOT SIZE TYPES, RANGING FROM 11,500FT■!S TO 12,500FT■!S. THE APPLICANT HAS UPDATED THAT PLAN AND IS NOW PROPOSING THAT ALL LOTS MEET THE MINIMUM AREA REQUIREMENT OF 12,500FT■!S, WITH A BASE ZONINGF SINGLE FAMILY 12.5, HENCE MEETING THE MEDIUM DENSITY REQUIREMENT IN THE FUTURE LAND USE PLAN. YOU CAN SEE HERE THE DENSITY OR THE DEVELOPMENT REQUIREMENTS, AND HOW THE PROPOSED PD STANDARDS COMPARE WITH THE PROSPER STANDARDS FOR 12.5 SINGLE FAMILY 12.5 DISTRICT. THEY'RE COMPARABLE AND COMPATIBLE IN MANY WAYS.

I'LL JUST POINT OUT A COUPLE OF THE DIFFERENCES. THE MINIMUM LOT DEPTH HAS BEEN INCREASED 25FT TO 150FT, AS WELL AS THE MINIMUM LOT WIDTH IS 76FT. EVERYTHING ELSE IS IS SIMILAR.

SO HERE ARE JUST A FEW OF THE SUBDIVISION CHARACTERISTICS. AND AS YOU'LL SEE, IT'S A VERY LONG NARROW PIECE OF PROPERTY WITH FRONTAGE ON THE NORTH AND SOUTH. THERE'S FLOODPLAIN THROUGH THE NORTHERN PORTION, BUT THE APPLICANT HAS WORKED WITH STAFF AND DESIGNED THIS SO THAT THERE IS A VISIBILITY CORRIDOR, IS WHAT WE'RE CALLING IT AND HOW IT'S REFERENCED IN THE PLAN DEVELOPMENT, WHERE THERE IS A PORTION OF THIS CREEK THAT IS ADJACENT TO A PARALLEL ROAD ON THE NORTH SIDE AND THE SOUTH SIDE, SO THERE'S VISIBILITY THROUGH THERE.

ADDITIONALLY, THERE ARE AMENITIES THROUGHOUT THAT AREA WITH TRAILS CONNECTING IT, CONNECTING BOTH SIDES OF THE DEVELOPMENT. OPEN SPACE WILL BE AT 10%, AND THERE WILL BE CURVILINEAR STREETS, AS THIS IS A VERY LONG, NARROW PIECE OF PROPERTY, WE WANTED TO MAKE SURE THAT THERE WAS SOME TRAFFIC CALMING. PORCHES WILL BE PROVIDED ON LOTS FACING THE CREEK OR OPEN SPACE, AND NEIGHBORING HOUSES HAVE TO HAVE DIFFERENT DESIGNS. IT'S REFERENCED AS THE ANTI MONOTONY STANDARD IN THE DEVELOPMENT STANDARDS. AND AGAIN THERE WOULD BE HIKE AND BIKE TRAILS. SO WE HAVE A LIST OF JUST A FEW PERMITTED USES BY RIGHT.

TYPICAL IN THE SINGLE IN SINGLE FAMILY SUBDIVISIONS AS YOU CAN SEE LISTED. AND THEN THERE ARE AMENITIES THAT ARE REQUIRED IN THE OPEN SPACE. THEY HAVE TO PROVIDE THREE. AND ONE OF THOSE MUST BE IN THE FIRST FOUR LISTED ON THIS. IN THIS LIST, WHETHER IT BE A FITNESS STATION, PICKLEBALL COURT, FISHING PIER OR CHILDREN'S PLAYGROUND FACILITY. HERE'S JUST AN ENLARGED. EXHIBIT OF THE PLAN. AND THAT WAS UPDATED. AND THIS PLAN, WHILE NOT UPDATED, IT DOES SHOW. AGAIN. THE OPEN SPACE HERE HAS NOT CHANGED WITH THE APPLICANT'S PLAN. THAT INCLUDES THE CREEK. AND SO YOU CAN SEE THAT THERE IS ARE GOING TO BE SEVERAL AREAS BOTH ON THE NORTH AND SOUTH SIDES FOR PLAY AREA AND OTHER AMENITIES. AND THERE ARE SOME MORE DETAILED PLANS THAT SHOW EXAMPLES OF WHAT THESE AMENITIES COULD BE, HOW THEY'RE GOING TO ENHANCE THE MAIN ENTRANCE FROM PROSPER TRAIL. AND THEN THERE ARE ARCHITECTURAL STANDARDS LISTED BOTH IN THE DEVELOPMENT STANDARDS AS WELL AS IN A DRAFT DEVELOPMENT AGREEMENT THAT IS IN THE PACKET. IT DICTATES THE MATERIALS THAT ARE ALLOWED ON THE ON THE HOMES, AS WELL AS

[01:25:01]

BUILDING DESIGNS WHERE THERE'S A LIMITATION OF FIBERBOARD OF 50% ON THE UPPER STORIES.

HOWEVER, FOR ANY HOME FACING A STREET OR OPEN SPACE, TRAIL OR PARK, WHETHER PRIVATE OR PUBLIC, IT WOULD HAVE A MAXIMUM OF 20% FIBERBOARD ON THE UPPER STORIES. AGAIN, SOME ROOFING REQUIREMENTS. AND THEN HERE ARE SOME ELEVATIONS THAT SHOW THE DIFFERENT TYPES OF HOMES THAT COULD BE THERE. WE DID MAIL OUT NOTICES AND HAVE NOT GOTTEN CITIZEN RESPONSES. AND STAFF'S RECOMMENDATION BASED ON THE APPLICANT'S NEW PROPOSAL. WITH THE 12,500 SQUARE FOOT MINIMUM LOT SIZES IS FOR RECOMMENDATION OF APPROVAL. AND AFTER YOUR REVIEW OF IT AND YOUR RECOMMENDATION, IT'S SLATED TO GO TO THE FEBRUARY 10TH COUNCIL MEETING. I'LL BE GLAD TO ANSWER ANY QUESTIONS YOU HAVE. THE APPLICANT HAS INDICATED THEY HAVE A PRESENTATION, AND WE CAN PULL THAT UP WHENEVER YOU'RE READY TO HEAR FROM THE APPLICANT. THANKS, SUZANNE.

SURE APPRECIATE THAT. I HAD ONE QUESTION. IT WAS BACK TO THE PORCH PIECE THAT YOU HAD UP THERE WASN'T IF IT WAS IN FRONT OF A CREEK, THEY HAVE A PORCH. IF IT'S NOT IN FRONT OF A CREEK, CREEK, OPEN SPACE, WHETHER THEY HAVE A PORCH ISN'T REQUIRED. OKAY. GOTCHA. AND THEN ON THE NEXT, CAN YOU JUST GO BY SLIDE SIX ONE MORE TIME FOR ME. SORRY. WHAT'S THAT? WHICH SLIDE? THIS ONE. OKAY. THANK YOU. OKAY. ANY OTHER QUESTIONS FOR STAFF. THANK YOU. YOU'RE WELCOME.

WOULD YOU LIKE TO HEAR FROM THE APPLICANT NOW? YES PLEASE. ALL RIGHT. THIS SETUP.

OKAY. THANK YOU. THANK YOU SUSAN. CHAIR. COMMISSIONERS. MY NAME IS JOHN MACKENZIE. I LIVE AT 1706 BARBERRY IN ALLEN, NOT TOO FAR FROM PORTERS CREEK. SO I THINK YOU'RE DOING THE RIGHT THING ON THAT ONE. SO TONIGHT, THANK YOU FOR YOUR TIME. FIRST OF ALL, I WANT TO THANK STAFF. WE DIDN'T GO 17 MONTHS, BUT WE WE'VE BEEN AT IT FOR A WHILE. AND I WANT TO SAY THAT OUR GOAL HAS ALWAYS BEEN IN WORKING WITH MCCASLIN FAMILY, WHO'S HAD THIS PROPERTY FOR SOME TIME. AND SO WE WANTED TO TREAT IT WITH RESPECT. AND IN THAT PROCESS, YOU'LL SEE THAT THE NAME IS RESERVED AT MCCASLIN FARM FOR TWO REASONS. NUMBER ONE IS TO TO KEEP THE HERITAGE THERE. NUMBER TWO IS BECAUSE WE WE VIEW THAT OPEN SPACE AS A PRESERVE. RIGHT? I MEAN, WE'RE GOING TO TAKE THIS OPPORTUNITY. IT'S GOT A CREEK BED. IT'S GOT AN OPPORTUNITY FOR A FISHING PIER. IT'S ALSO GOT THE MASTER TRAIL SYSTEM. AND SO WE'RE REALLY EXCITED ABOUT THAT. WE'RE EXCITED TO BRING A PROJECT SUCH AS THIS, EVEN THOUGH IT'S GOT SOME CONSTRAINTS ON THE WIDTH AND WHATNOT. ONE OF THE THINGS WAS THE THE DEPTH OF THE, THE LOTS ITSELF. I THINK, YOU KNOW, WE'VE MINIMIZED IT TO 150, BUT THEY'RE MOSTLY 170. SO YOU'RE GOING TO HAVE AN EXTREMELY BEAUTIFUL LOT DEPTH, WHICH I THINK, YOU KNOW, THE HOMEOWNERS ARE REALLY GOING TO APPRECIATE. RIGHT. ONE OF OUR MOST EXCITING ASPECTS OF THIS, OF COURSE, IS BRINGING THIS TO FRUITION IS THE FACT THAT WE'VE GOT TWO QUALITY BUILDERS WHO ARE ACTUALLY HERE TONIGHT. SO WE LOOKED AT, YOU KNOW, WE DO PROJECTS ALL THROUGHOUT TEXAS, MOSTLY IN DFW. OF COURSE. AND SO AS WE LOOKED AT THIS PROJECT, WE WANTED TO MAKE SURE THAT WE ALIGNED WITH THE WITH THE TOWN AS FAR AS BUILDER REPUTATION AND WHATNOT. AND SO WE DID CHOOSE THE SAME AS WHAT PARK PLACE IS AND CREEK, CREEKSIDE, ETC. AND SO DREES AND SHATTUCK IS OUR BUILDER OF CHOICE. AND SO WE'RE EXCITED ABOUT THIS OPPORTUNITY. AGAIN. WE'VE HAD TO MASSAGE THIS PLAN A FEW TIMES JUST GIVEN SOME OF THE CONSTRAINTS. BUT I THINK STAFF HAS BEEN PATIENT WITH US AND KIND OF GAVE US SOME GUIDANCE. AND SO OVER THE LAST, EVEN OVER THE HOLIDAYS, I'LL COMMEND STAFF FOR ACTUALLY WORKING OVER THE HOLIDAYS AND HELPING US THROUGH THAT PROCESS AND EVEN OVER THIS LAST WEEKEND. SO I'M NOT GOING TO GO TOO FAR IN DEPTH UNLESS YOU'VE GOT SOME QUESTIONS. I THINK THE NIGHT HAS GONE SOMEWHAT, SO I JUST WILL SAY THAT I'M CONFIDENT ABOUT THIS PROJECT. I'M CONFIDENT THE STAFF HAS GUIDED US IN THE RIGHT DIRECTION, AND I'VE ALSO CONFIDENT IN OUR BUILDERS THAT WE WILL BE REPRESENTING AS WE MOVE FORWARD WITH THIS PROJECT. SO I'LL ANSWER ANY QUESTIONS. OKAY.

[01:30:06]

FIRST OF ALL, I THINK I AGREE THIS LOOKS LIKE A VERY DIFFICULT PIECE OF PROPERTY TO DEVELOP. I THINK YOU'VE DONE A GREAT JOB ON IT. JUST ONE QUICK LITTLE QUESTION. YES, SIR. UP THERE AT THE. AT THE NORTH POINT. YEAH, AT THE NORTH POINT OF THE SOUTHERN PART OF THE HOMES, YOU KNOW, THE SOUTH PART. I WAS JUST CURIOUS. YEAH. THAT'S SUCH A BEAUTIFUL AREA AROUND THAT YOU'RE DOING THAT YOU'RE MAINTAINING IN THE, IN THE MIDDLE THERE WITH, WITH THE AND YOU GOT THE TRAILS AND THEN YOU'VE ALSO GOT THIS PLAYGROUND STUFF. I'M JUST CURIOUS WHETHER YOU NEED AND I KNOW THIS ISN'T A REZONING QUESTION. IT'S JUST A SUGGESTION. SOME PARKING SPACES FOR SOMEBODY WHO WANTS TO COME FROM THE FARTHEST REACHES OF THIS PROPERTY. JUST THREE UP THERE TO THE BY THAT PLAYGROUND AND BEGIN TO GET INTO THE WHAT? INTO THE TRAILS OR NOT? HAVE YOU THOUGHT ABOUT THAT? SO I, I UNDERSTAND THE QUESTION. THE WAY WE LOOKED AT THIS, THIS BEING A SMALL COMMUNITY, 96 ACTUALLY, YOU KNOW, LESS THAN THAT ON THE SOUTH PORTION, RIGHT? WE FELT LIKE, YOU KNOW, WE'RE GOING TO HAVE THE SIDEWALKS. WE'RE GOING TO HAVE THE WALKABILITY. I'VE USED THIS, YOU KNOW, SOME THESE HOMEOWNERS WILL HAVE SUCH A DEEP BACKYARD, OF COURSE, THAT THEY'LL HAVE, YOU KNOW, A LOT OF THEIR WHETHER IT BE POOLS OR WHATEVER IT BE PLAY AREAS OR WHATNOT. SO WE JUST FELT LIKE I, I CAN SEE THE DISTANCE. BUT ALSO IT MAY BE JUST BECAUSE I ENJOY WALKING. RIGHT. AND SO IF I COME OUT OF MY HOME, I DON'T ENVISION MYSELF GETTING IN THE CAR TO DRIVE UP THERE UNLESS IT'S RAINY WEATHER, THEN I'M NOT SURE THAT I'M GOING TO DO OUTDOOR ACTIVITIES AT THAT POINT. SO WE JUST FELT LIKE IT WAS A WHEN YOU HAVE CARS THERE, PARKING. SO TO SAY I, I THINK IT MAY TAKE AWAY FROM SOME OF THAT ASPECT AS WELL. SO IT'S KIND OF A A GIVE AND TAKE, BUT WE JUST CHOSE NOT TO DO THE PARKING. NOW THIS ISN'T A GATED COMMUNITY IS IT. RIGHT. OKAY. JUST JUST WAS CURIOUS ABOUT THAT. ABSOLUTELY. BECAUSE IT IS A LONG COULD BE A LONG WALK FOR THOSE PEOPLE. BUT IF THEY'RE GOING TO THE TRAIL, THEY'RE GOING TO BE DOING A LONG WALK ANYWAY. WALKING. BUT YOU KNOW, IT'S IT'S THE WALK BACK THAT YOU'RE GOING. THAT'S TRUE. YES. SHOULD I TURN AROUND REAL QUICK? OKAY. YES, SIR. ANY OTHER QUESTIONS? THANK YOU. YES. THIS ITEM IS A PUBLIC HEARING. SO WE'LL OPEN UP THE PUBLIC HEARING TO ANYONE WHO WISHES TO SPEAK. IF THERE IS SOMEONE, PLEASE HAVE THEM STATE THEIR NAME AND ADDRESS AND ADDRESS AND YOU'LL GET THREE MINUTES.

THANK YOU. WE DON'T WE DON'T HAVE ANY FORMS OR. ALL RIGHT. SO WE'RE NOW GOING TO CLOSE THE PUBLIC HEARING SINCE THERE'S NO ONE HERE WE'LL JUST CLOSE IT OUT. ARE THERE ANY ADDITIONAL COMMENTS OR QUESTIONS THAT ANY COMMISSIONERS HAVE FOR TOWN STAFF WHILE SUZANNE IS UP HERE? NO. ALL RIGHT. WITH THAT, I'LL ENTERTAIN A MOTION TO EITHER APPROVE OR DENY OR TABLE THIS ITEM. MR. CHAIRMAN, I MOVE THAT WE APPROVE. ITEM FIVE. WE HAVE A MOTION TO APPROVE ITEM FIVE BY COMMISSIONER BLAZEK. DO WE HAVE A SECOND? SECOND? WE HAVE A SECOND BY COMMISSIONER CARSON.

ALL THOSE IN FAVOR, PLEASE RAISE YOUR HAND. ITEM CARRIES SIX ZERO ON APPROVAL. THANK YOU.

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

THANK YOU. ALL RIGHT, NEXT ITEM ON THE AGENDA IS ITEM NUMBER SIX. REVIEW ACTIONS TAKEN BY THE TOWN COUNCIL AND POSSIBLY DIRECT TOWN STAFF TO SCHEDULE TOPICS FOR DISCUSSION AT A FUTURE MEETING. SO WITH THE PREVIOUS COUNCIL, WE DID HAVE A NOTICE OF APPEALS. IT WAS APPROVED. WE ALSO HAD ON THE AGENDA THE PROSPER FLEX PARK, WHICH IF YOU REMEMBER, WAS THERE WERE FOUR INDUSTRIAL BUILDINGS OFF OF PROSPER TRAIL JUST NORTH OF THE CROSSLAND DEVELOPMENT, AND THAT WAS APPROVED SEVEN ZERO. AND THE DEVELOPMENT AGREEMENT AND ORDINANCE WILL BE ON A FUTURE COUNCIL AGENDA. AND THERE ARE NO ITEMS FOR PLANNING ON THIS UPCOMING COUNCIL AGENDA. AND AGAIN, THE FEBRUARY 3RD WILL PROBABLY HAVE SEVERAL ITEMS, BUT AS OF YET WE HAVE NOT DETERMINED WHAT THOSE WOULD BE. I THINK, DAVID, I THINK YES, I THINK THERE WAS A DISCUSSION OF FUTURE MEETINGS AND MAYBE OTHER THINGS. AND SEVERAL THINGS JUST TO TO GIVE YOU ALL A HEADS UP. AS YOU KNOW, WE'VE BEEN WORKING THROUGH THE DALLAS NORTH

[01:35:07]

TOLLWAY, NEW PLAN, SO TO SPEAK, UPCOMING, POSSIBLY NEW PLAN. AND WHAT'S GOING TO HAPPEN WITH THAT IS ON FEBRUARY THE 17TH, PARIS RUTHERFORD, WHO'S THE CONSULTANT THAT Y'ALL HAVE SEEN, SOME OF YOU, MOST OF YOU PROBABLY HAVE SEEN ONCE, SOME OF YOU MORE THAN ONCE, WILL COME TO THE PLANNING COMMISSION AND KIND OF GO THROUGH WHERE THE THE PLAN IS RIGHT NOW WITH ALL OF THE THE DIFFERENT TWEAKS THAT HAVE BEEN MADE TO IT ALONG THE WAY, AND ASK FOR THE COMMISSION TO MAKE A RECOMMENDATION ONE WAY OR THE OTHER, UP OR DOWN, AND THEN HE WILL GO TO THE COUNCIL ON THE 24TH OF FEBRUARY AND DO THE SAME THING. SO HOPEFULLY BY THE END OF FEBRUARY WE'LL KNOW WHERE THAT PLAN IS GOING. SECOND PIECE OF THE PUZZLE THAT Y'ALL HAVE BEEN WORKING ON IS THE UDC UNIFIED DEVELOPMENT CODE. YOU WILL SEE THAT IN FEBRUARY AS WELL. IT WILL COME TO YOU AS A DISCUSSION ITEM, NOT A REGULAR, I MEAN, NOT A EXCUSE ME, A WORKSHOP SESSION, BUT A DISCUSSION ON YOUR REGULAR AGENDA. ON FEBRUARY THE 3RD. AND THEN IT WILL COME TO Y'ALL ON FEBRUARY THE 17TH FOR AN ACTION ITEM. SAME THING WILL HAPPEN WITH THE COUNCIL ON THE 10TH AS A DISCUSSION ITEM ON THE REGULAR AGENDA, AND THEN ACTION ON THE 24TH. WE HAVE ALL OF THE CHAPTERS THAT HAVE COME BACK NOW, AND I STARTED TO SEND THEM TO YOU JUST SO YOU WOULD HAVE THEM, BUT I THOUGHT IT'D BE BETTER IF I EXPLAINED TO YOU WHAT'S GOING ON. SO YOU KIND OF FIGURE OUT WHAT WHAT'S BEST FOR YOUR TIMETABLE, SO TO SPEAK.

THERE ARE ABOUT HALF NOW THE THICKNESS OF WHAT THEY USED TO BE, BECAUSE THEY'RE ACTUALLY IN A FORMAT THAT THEY'RE SUPPOSED TO BE IN, WHICH IS KIND OF NICE. I WILL NOT PROMISE THAT YOU WON'T FIND, ESPECIALLY A COUPLE OF YOU THAT WON'T FIND SOMETHING THAT THAT NEEDS TO BE TWEAKED, WHICH IS PERFECTLY FINE. WE'RE HOPING YOU WILL DO THAT, BUT I REALLY HOPE YOU'RE NOT GOING TO HAVE TO READ THEM AT THE SAME LEVEL OF INTENSITY THAT YOU DID THE FIRST TIME AROUND, BECAUSE THEY ARE MUCH CLEANER. THEY'RE STILL HAVE AND IT'S AN ENHANCED LITTLE SUMMARY BEFORE EACH CHAPTER OF WHAT'S IN THERE. SO YOU CAN KIND OF PEEK AND AND SEE. SO WE'LL GET THOSE OUT TO YOU THIS WEEK PROBABLY NEXT COUPLE OF DAYS, BUT FOR THE WEEK OR BY THE WEEKEND FOR SURE. SO THAT WILL GIVE YOU PLENTY OF TIME TO TO LOOK AT IT. AND LIKE I SAID, WHEN YOU SEE IT AGAIN, YOU WON'T HAVE TO VOTE ON IT. IT'S ONE LAST OPPORTUNITY, IF YOU WILL, BEFORE YOU DO ACTUALLY VOTE ON IT. IF THERE IS SOMETHING IN THERE THAT THAT YOU WANT TO TWEAK OR CHANGE OR ADJUST, THERE'S STILL A COUPLE OF THINGS THAT ARE NOT IN THERE.

AS YOU RECALL, WE PULLED THEM OUT LIKE THE LIGHTING ISSUE, BECAUSE WE DECIDED, LET'S JUST PULL THAT OUT, LET'S GET THIS DONE, THEN WE'LL BRING IT BACK LATER. WE MAY HAVE A COUPLE OF THINGS THAT WE'LL WANT TO TALK ABOUT THAT ARE JUST LITTLE TWEAKS, SO TO SPEAK, OR CHANGES TO DEVELOPMENT STANDARDS, PROPOSALS OF SUBDIVISION OR WHATEVER. BUT WE'LL HAVE THE FORMAT, WE'LL HAVE THE CODE. IT'LL ALL BE IN, IN THE PROPER ORDER, SO TO SPEAK. ANOTHER THING, SPRING BREAK FOR PISD IS THE WEEK OF YOUR SECOND MEETING IN MARCH. AND I KNOW COMMISSIONER FIORE HAS ALREADY TOLD US HE WILL NOT BE ABLE TO MAKE THAT MEETING. HE WILL NOT BE ABLE TO MAKE THAT MEETING. COMMISSIONER HAMILTON SAID HE WOULD. YOU WON'T BE ABLE TO MAKE IT EITHER. SO THAT THAT ONLY LEAVES FOUR OF YOU AT BEST. AND SO THE QUESTION IS, IF YOU WANT TO TAKE THAT WEEK OFF, DO YOU WANT US TO TRY AND AND ELIMINATE THAT MEETING, WHICH IS A POSSIBILITY THIS FAR IN ADVANCE? WE MIGHT BE ABLE TO DO THAT WITH SCHEDULING. IF WE HAVE ANYTHING THAT THAT CAN'T WAIT, THEN WE CAN EITHER DO THE WEEK BEFORE OR THE WEEK AFTER OR Y'ALL. OKAY FOR US WAITING TILL WE GET A LITTLE CLOSER TO THAT TO MAKE THAT DETERMINATION.

WITH FIRST CHOICE BEING WE'LL ELIMINATE THE MEETING AND THEN SECOND CHOICE BEING WHICHEVER ONE WILL WORK. WE'LL JUST HAVE TO POLL AND SEE WHETHER WEEK BEFORE, WEEK AFTER, OR WORKS BETTER. I MEAN, WE COULD IT DOESN'T. IF IT'S WEEK BEFORE, WEEK AFTER, IT DOESN'T HAVE TO BE ON A TUESDAY. BUT EVERYBODY'S KIND OF USED TO TUESDAY. SO IT'S PROBABLY BETTER TO TRY THAT. BUT BUT LIKE I SAID THAT WOULD BE SECOND CHOICE IF WE WE HAVE TO HAVE SOMETHING. AND THE ONLY REASON WE'D HAVE TO HAVE SOMETHING IS IF WE HAVE ONE OF THE 30 DAY SHOT CLOCK THINGS OR PLAID OR SOMETHING LIKE THAT, EVERYTHING ELSE WE CAN PRETTY

[01:40:04]

MUCH SITE PLANS AND ZONING AND ALL THOSE THINGS WE CAN, CAN PRETTY EASILY MANIPULATE THOSE.

BUT THE SHOT CLOCK THINGS ARE A LITTLE MORE DIFFICULT BASED OFF OF THE NUMBERS. AND JOHN SAID HE WOULDN'T BE HERE FOR SPRING BREAK. IT SOUNDS LIKE WE ONLY HAVE THREE COMMISSIONERS AVAILABLE. OH, OKAY. SO I THINK I THINK IT'S ELIMINATED. YEAH. SO THEN FOR SURE WE'LL I THINK THAT'S A VACATION WEEK FOLKS ARE TAKING. YEAH I COULD DO BEFORE OR THE WEEK BEFORE OR AFTER IF NECESSARY. OKAY. I'LL KEEP THEM BLOCKED OUT FOR NOW OKAY. IF NEEDED. RIGHT. SO OKAY.

SO WE'LL AS WE GET A LITTLE CLOSER, WE SHOULD KNOW BY THE MIDDLE OF FEBRUARY WE'LL KNOW A MONTH IN ADVANCE WHAT WHAT IS ON OUR CALENDAR, SO TO SPEAK, TO FIGURE OUT WHAT TO DO WITH IT. SO WE'LL BE ABLE TO FIX THAT. I THINK THOSE ARE ALL THE DATES. DON'T FORGET, NEXT WEEK ON TUESDAY, YOU'VE GOT THE MEETING WITH THE COUNCIL AND THEIR WORKSHOP PERIOD 6 TO 7. I MEAN, EXCUSE ME. YES. NO, 5 TO 6. AND IT'S ALL OF THE BOARDS AND COMMISSIONS AND IT'S PRIMARILY THE OPPORTUNITY FOR, FOR THE MAYOR, I THINK, TO TO GO OVER THE VARIOUS THINGS THAT THE COUNCIL'S BEEN WORKING ON AND KIND OF WHAT THEY'RE LOOKING TOWARDS FOR, FOR THE UPCOMING YEAR AND SO FORTH. AND SO THERE'LL BE OPPORTUNITY FOR YOU ALL TO STATE YOUR NAME AND BOARD AND COMMISSION AND THEN THAT'S IT. SO NO FUN FACTS, NO LITTLE STORIES THERE BECAUSE YOU'RE ALL GOING TO BE THERE. IT'S GOING TO BE IT'S IN THE COMMUNITY ROOM. THERE'S GOING TO BE A LOT OF PEOPLE IN THERE. SO IT'S A LOT TO DO IN AN HOUR. SO THAT THAT WILL PROBABLY COME UP. AND YEAH, IT'S RIGHT OVER HERE. YEAH. RIGHT. RIGHT NEXT TO THE ELEVATOR. YOU CAN GO IN FROM THAT SIDE. I DON'T KNOW IF IT'S CONNECTED TO THE LIBRARY SIDE, BUT I DON'T KNOW IF THE LIBRARY DOORS WILL BE OPEN THEN OR NOT. SO JUST COME IN THE REGULAR AND THEN JUST TURN LEFT, RIGHT AROUND THE ELEVATOR. YOU'LL SEE. AM I FORGETTING ANYTHING? ANYTHING ELSE? IS THE QUESTION. IS THE WORK SESSION GOING TO CONTINUE TO STAY AT 530, OR ARE WE GOING TO GO TO SIX? WE CAN MOVE THOSE BACK. THE ONLY REASON I PUSHED THIS THIS TIME, PUSHED IT A LITTLE BIT AHEAD, WAS BECAUSE WE HAD THOSE LONGER DISCUSSIONS. AND I KNEW SOME OF YOU GET HERE AND IT WAS OKAY TO START AND WE COULD CATCH THE OTHERS UP. AND, AND YOU KNOW, IT'S UP TO YOU ALL. I, WE DON'T CARE. WE'RE HERE ANYWAY. SO WHATEVER IS EASIER. I KNOW THERE'S A COUPLE OF YOU THAT I THINK TWO OF YOU ALL THAT HAVE A LITTLE HARDER TIME GETTING HERE AT 530 THAN SIX. IN JANUARY. WE HAD THE, THE, THE CONFLICT AND I THINK THROUGH FEBRUARY IS WHAT HE TOLD US WASN'T IT COMMISSIONER HAMILTON. YES. YEAH. SO HE'S HE'S GOT A COMMITMENT AFTER. SO BY PUSHING IT BACK IT WAS CROWDING HIS HIS COMMITMENT A LITTLE BIT. SO WE WERE TRYING TO SKIRT THE MIDDLE. BUT I THINK GOING FORWARD WE'D PROBABLY JUST NEED TO PUSH IT BACK TO SIX BECAUSE WE'RE WE'RE GETTING READY TO BE IN FEBRUARY. SO WE'LL JUST IF THAT'S ALRIGHT WITH YOU ALL THEN WE'LL DO THAT. IT'S IT'S PERFECTLY FINE. WE DON'T NEED TO DO ANYTHING OTHER THAN Y'ALL TELL US TO DO IT. I APPRECIATE YOUR RATIONALE WHY THIS ONE WAS LONGER. I I'M OKAY WITH THAT. I JUST MISSED IT IN THE IN THE THING. SO I WAS SCRAMBLING. SO THAT'S OKAY.

WELL IT'S LIKE I SAID IT WAS THIS WAS JUST A LITTLE BIT OF A OF A FLUKE, SO TO SPEAK. AND I, WE STILL HAD A LONG TIME OUT HERE. AND I KNOW WE'VE KEPT YOU LATER THAN WE NORMALLY DO. SO I APOLOGIZE FOR THAT. BUT THE SECOND ONE WENT FAST. THAT'S A GOOD THING. AND THANKS FOR DOING WHAT YOU DID ON THE FIRST ONE, TOO. I DO THINK WE CAN COME BACK WITH SOMETHING BETTER.

THANK YOU. AND THEIR PRESENTATION MADE IT SOUND LIKE THEY WERE DOING A PD AND A DEVELOPMENT AGREEMENT. LIKE WHAT THE HECK? BUT WELL, WE'LL GET THERE. ALL RIGHT. THANK YOU DAVID. ALL RIGHT. THANK YOU ALL. APPRECIATE IT AS ALWAYS. ALRIGHT. NEXT ITEM ON THE AGENDA IS ITEM NUMBER SEVEN. TIME TO ADJOURN I'LL ENTERTAIN A MOTION TO ADJOURN. MOTION TO ADJOURN. WE HAVE A MOTION TO ADJOURN AT 820 BY COMMISSIONER CARSON. MOTION I DO HAVE A SECOND. SECOND? WE HAVE A SECOND BY COMMISSIONER DANIELS. ALL THOSE IN FAVOR, PLEASE RAISE YOUR HAND. MOTION CARRIES SIX ZERO. WE DON'T WAN

* This transcript was compiled from uncorrected Closed Captioning.