1110 Arrington Road Rezoning - WTAWwtaw.com/.../CScoun031016ArringtonDecaturRezoning.pdf · 1110...
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1110 Arrington Road Rezoning
Transcript of 1110 Arrington Road Rezoning - WTAWwtaw.com/.../CScoun031016ArringtonDecaturRezoning.pdf · 1110...
1110 Arrington Road Rezoning
Zoning Map
History
1997 – Designated for apartments and
duplexes in Comprehensive Plan
2000 – Castlegate Master Plan approved this
tract for multi-family
2001 – 2006 Zoned R4 – Multifamily
2003 – Designated as Multi-family in
Comprehensive Plan
2006 – General Commercial and Office
2009 – Designated as Urban in the
Comprehensive Plan
Land Use Plan
Acceptable Uses
“Land nearest the William D. Fitch Parkway
and State Highway 6 interchange should be
used for intense land use activities including
general commercial activities, office uses,
townhomes, apartments, and vertical mixed-
use.”
Permitted Uses by Right
Permitted Uses by Right
Zoning – MF & High Density MF
Land Use - Urban
Land Use - Urban
Condition of the Zoning
We request that the zoning be approved with
the condition that the units shall not be rented
by the bedroom.
Company Info
122 Local
Employees
CS Corporate Office
20 year presence
Market Analysis
Market Analysis
Student Housing vs. Market-Rate
Apartment Comparison
• Individual Bedroom Leases
• Guarantor required
• Bed-bath Parity (i.e. 4 bedroom/4 bathrooms)
• Private Shuttle/ Bus Route to Campus
• Lavish amenity package
Large clubhouse
Tanning beds
Basketball Courts
Movie Theatre
• Roommate Matching
• Community Assistants (“RA’s”)
• All-inclusive rent
Fully Furnished
Cable/Internet Included
Utilities Included
Student Housing Market-Rate Apartment
Upcoming Student Housing
Developments
Northpoint Crossing
Cherry Street Apartments
U Centre at Northgate (TAMU)
Century Square (TAMU)
The Domain
The Sterling @ Northgate
Boyett Street Apartments
Northgate Proper Apartments
The Standard
By the Numbers
2014
1,759 Bedrooms
2015
1,316 Bedrooms
2016
200 Bedrooms
2017 & 2018
5,510 Bedrooms
** Not included:
Century Square
250 Units
TOTAL:
8,785 Bedrooms
TAMU Admission/Student
Statistics
Non-Traditional Students
21,957 students age 22+
11,982 off-campus graduate students
~1,200 veterans
Majority live off-campus
43-45% graduate students
5,136 graduates stayed in College Station
after graduating in 2015
Tax
City of College Station Tax Rate:
0.4525%
Current BCAD Appraised Value:
$1,353,910
$6,126.44 property taxes
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Neighborhood Concerns
Noise & Lights
Property Values
Safety
Environmental & Flooding
Traffic
Neighborhood Concerns
Noise & Lights
Neighborhood Concerns
Noise & Lights
Property Values
Neighborhood Concerns
Noise & Lights
Property Values
Safety
Oil Well Mitigation
Permitted in 1995
Two 12’ x 20’ metal storage tanks
One 10’ x 15’ fiberglass storage tank
10’ x 3’ NATCO horizontal capsule separator
HUD Exchange Acceptable Separation
Distance (ASD)
HUD Acceptable Separation
Distance Radius
Neighborhood Concerns
Noise & Lights
Property Values
Safety
Environmental & Flooding
1995 Aerial Imagery
2006 Aerial Imagery
2010 Aerial Imagery
Neighborhood Concerns
Noise & Lights
Property Values
Safety
Environmental & Flooding
Traffic
Street Classifications
Minor Arterial • 5,000 – 30,000 VPD Barron Rd.
Rock Prairie Rd.
Major Collector • 5,000 – 10,000 VPD Arrington Rd.
Decatur Dr.
Minor Collector • 1,000 – 5,000 VPD Alexandria Ave.
Southern Plantation Dr.
Residential Street • ≤ 1,000
Traffic Concerns
UDO Estimated
Acres Rate Trips Acres Rate Trips
GC 7.22 50 361 7.22 25 180.5
Office 10.43 25 261 10.43 12.5 130.5
Total 17.65 622 17.65 311
UDO Estimated
Acres Rate Trips Units Rate Trips
Mult-Fam 16.68 18.6 311 320 0.62 199
Transportation Route Concerns
8:37 7:01 12:47
CSISD School Zones
City CIP – Decatur/Arrington
Class A Multi-Family
