The Ranch at Arrington Proposed Development

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The Ranch at Arrington Proposed Multi Family Development

Transcript of The Ranch at Arrington Proposed Development

Page 1: The Ranch at Arrington Proposed Development

The Ranch at ArringtonProposed Multi Family Development

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Site Location

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Arrington UpdateCounty/City/Developer Meeting - 2/16/17-Condition vs. Capacity-No regulatory requirement for improvements-Upgrading condition of Arrington benefits The Ranch-Developer participation

Timing-Mesa Verde Extension projected completion date 12/31/17-Arrington can start construction after Mesa Verde complete

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Tracking Roads Advisory Committee Update

TRAC Members/Developer Meeting – 2/16/17-Arrington Road Update-80’ Right-of-Way

-Dedications on west side of Arrington-Relocate BTU and Wellborn SUD facilities

-Access-Fire, required-Secondary, not required, must maintain connection to

Arrington -Buffer

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Site Plan

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Development Buffer

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The Ranch

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DemographicsYoung Professionals

ViaSat – 300 jobs, $64,000 average salaryFujifilm – 250 jobs, $60,000 average salaryAcademic Advisors - $30,000 - $33,000 salary

Young Families

New Graduates

Leased by the unit, not per bedroom

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Traffic Impact AnalysisExisting Traffic Patterns of future development ‘generated’

Human Nature factor

10% Annual Growth 2016-2024TEC Experience – 1,500+ TIAs, 8 states, highest growth rate seen is 5%TIA completed in May 2016 on Wellborn Road, 2% growth

Urban Land Uses

All studied intersections operate at acceptable Levels of Service

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Summary-No adverse impact to utility or roadway infrastructure

-Consistent with the City of College Station Comprehensive Plan

-Willing participant in Arrington Road remediation though not required

-Exceeded requirements and expectations with regard to working with neighbors, public entities, and development community