 All right, good evening everybody glad to have you all here with us tonight. I'm Robert Stearns economic development director for the city of Fort Worth We have a very busy night tonight, so I'm not going to stand up here and talk for a long time I do just want to thank both of our development partners that have shown up tonight to go over their presentations I want to thank councilmember Bivens who will step up and give a few words for us Especially want to thank the city staff and our community partners that have been engaged in this process Up to this point and we are looking forward to bringing an exciting development for for stop six And so with that I will turn it over to councilmember Bivens for a few words Stop six in the house, huh? I see jerry Good evening and thank you all for being here My name is Gina Bivens and I have the honor of representing district five And for those of you who are watching We're glad to have you out there in the virtual land My role is to make sure people understand and I'm talking about the public Not developers because they know the rules. It's important that the public understand This is not a popularity contest So please stop having people called me And tell me who to vote for that's not what this is about I will tell you back in 1985 The dairy queen at stall cup and berry Burnt down, but it didn't burn to the ground And so from 1985 Until november 2013 It stood there as what I call A monument to blight And I don't know why it was allowed to stay there that long, but it was And so I started talking to our director robert sterns asking him what can you do? Half-bagged the late half-bagged was in that conversation as well And so we tried once before didn't get any significant suggestions One guy wanted me to put a dry cleaners there and my response was well That's just going to hire the owner of the dry cleaners people We need something that's going to be vibrant and bring our community back to life And so when robert put out this last I just say request or proposal you all have all these different letters now We got more than just some nibbles. We got some real plans And so things are going to happen at that location Now here's here's the deal Once that location is revived with development. I promise you across the street You'll see positive things happen as well Light drives out the dark Across the street there are bullet holes in the counter where there was a dry cleaners. I've been in there But half-bagged promised me said jeena I can help with this location But he didn't live to do it But he said I promise you we're going to need help across the street And robert that means you'll have to get a facade grant and then talk them into letting us help Now what I would ask you all to do now in cable tv land and in this audience Is just start if you like candles if you pray whatever you do if you meditate Let's just start meditating on robert now for his next move Because I have optimistic robert's next move is going to be a grocery store. So are we in agreement? No pressure. No pressure. Are you catholic robert? We'll be burning burning some cattle whatever it takes to get you going, okay And so thank you all for being here. You will see me leave because I do not do heat And I'm done. Thank you. Thank you for being here Good evening and again. Thank you for being here. I'm brenda hicks ornson I'm the assistant director with the city's economic development department And have had the opportunity to work on this This redevelopment opportunity And so very excited to be at this point in time because as councilmember bivens indicated we have I think two very exciting proposals for you to hear more about this evening. So again, thank you for being here So real quickly, I don't think anyone here needs a reminder of really what we're talking about We're talking about the corner of berry and stall cup 5401 54 25 This is again a 3.7 acre property that as councilmember biven mentioned is the former dairy queen site Again, this is owned by the fort worth local development corporation, which we affectionately just call the ldc and we did issue as indicated of previous requests for expression of interest and After a little bit of conversation on that Decided to go out and do another request for expression of interest and that's how we ended up here this evening We did receive three submissions after looking And posting this nationally. So we did Cast a wide net as we were requested to do We did advertisements in a variety of different publications And used social media and so forth. So we did End up with three proposals We did ask two of our the potential development partners to present this evening So just a real quick reminder the project objectives and goals and i'm not going to read that But again, it was really to focus on a public private partnership That led to a development that could be catalytic for the area. So this is an urban village So we are looking for something that can prompt additional redevelopment As was already promised apparently a grocery store is part of that And so really looking at that catalytic opportunity So again the goals that we identified in the request for expression of interest was something that was economically feasible That had community support. So again, thank you again for being here this evening as part of that Leads to that long-term redevelopment opportunities Sustainability the connections and the walkability are really important as part of the urban village As well as then inspire investment So the process we did have two different committees Review and again, I know a number of the committee members are here this evening again Thank you so much for the time that you spent on this reviewing I do would like to recognize them So if we could just give them a round of applause because they did a lot of work on this. Thank you So from the results of the scoring and conversations as well as then everybody who provided input on the previous survey We received 109 responses all of that information was reviewed and Part of the conversation and really led us to inviting Legacy construction in in Avon neighborhoods here this evening So following this or actually this evening what we'll be doing is each of our development teams will be providing a presentation They'll have 15 minutes and then we'll have a 15 minute question and answer period for you to Go ahead and just hit them up with whatever you'd like to ask them any comments concerns you have We are recording the session. It will be posted On the city's website again the link is on the screen and we'll be sharing that again at the end of the evening And then at that site we'll also have a questionnaire for you And for everybody who's watching make sure if your neighbors haven't seen this that they have a chance to watch the video Fill out the response. We'll be asking for your feedback on both of the presentations and the proposals So again, all of that will be at the website Then after we collect all that those will collect all those feedback responses by june 1st is when it'll close The committee will meet in early june And from there we'll determine how to follow up But hopefully we'll be able to make a recommendation on a development partner for the LDC So with that and I apologize we need to just do a really quick turnover on the PowerPoint so it's not going to go quite as quickly as we wanted to but with that I'd like to introduce meggy parker from inavon neighborhoods Thank you all for being here Or about myself, okay, you hear me now Okay, I can speak Okay, you want to use this instead? Yes, sir I Is this better All right Can I have my 15 minutes? I need I need all I need all 15 minutes Okay, so um Good evening again, so that we get it fully on recording Um, thank you all for having me and just allowing me to propose for this opportunity But also to share of the vision for the site. So my name is maggie parker I'm the founder and managing partner of inavon neighborhoods And so inavon we are a people centered real estate and consulting firm So focused on community oriented real estate projects We're primarily working um with nonprofits faith-based organizations neighborhood groups to help them move their deals forward And so we do this work in partnership with matthew southwest We have a 30-plus year development track record and a variety of product types. So everything from Kind of mixed use Projects which I'll share some of that experience today in both urban and suburban areas And so bringing and aligning their real estate expertise With community development expertise to really come alongside community stakeholders and get some really Dynamic and catalytic projects done So in our presentation today, I'm going to walk through a couple things Which is just kind of outlining who our team is our relevant experience that we think applies to this project opportunity Our approach to the proposal and to the site as well as strategy and timeline And then I'm open to your question and answers Um, or I will provide answers open to your questions. So um, but I like to start out with like Why do I think we are a good fit for this project? So why end of our neighborhoods? A couple things is our interest, right? So truly this partnership of end of our neighborhoods has come together to Do projects just like this, right? So to have a community oriented Real estate projects that comes alongside existing communities. Um, and really be a catalyst and reimagine neighborhoods But bringing our expertise in both community development and real estate development to do this work Our approach is really to align community goals and then um and working with key partners So like with the local government finding ways to share the risk and reward in that process From there one thing I cannot change is that I'm not from Fort Worth And so I know that that is a common question But I have selected and will continue to partner with Fort Fort Worth based firms and all of those that are leading firms and Specifically are minority and women owned firms as well From there, well, I'll talk through where I see that project impact I'm really focused on this project being community owned and this being a community owned asset Job creation will come through that as well as increased spending in this area And as already mentioned really seeing this site as a catalyst for additional development in your community So I'll just quickly go through our team. Um, so you've met me here. I have 10 plus years in community development finance underwriting real estate and policy work Jack Matthews who's my partner on the project He brings 30. He's also the president of Matthew Southwest brings 30 plus years in a variety of Product types both in the u.s. And internationally Not here today, but christian telki is another partner from Matthew Southwest a lot of experience in civil engineering land development general construction as well and then adam miller is the cfo for Matthew Southwest and in avon and brings over over 15 years of experience in Structuring capital for different types of projects For this project. We have selected an array of partners. So, uh, michael bennett from bennett bennett partners is here As well as sam rinsch from evolving texas Both fort worth base firms as well as jq infrastructure and k i um have submitted with us on this opportunity Okay, so i'm gonna walk through experience that we just wanted to highlight so I think Anytime I've you know, I just started in avon. So I'll just say that it's two years old But prior to that, um, I was in it funding similar projects to what we're trying to do in your community And so I was lending on community oriented real estate projects that served a variety of neighborhoods And so through that Did things like respio cliff with healthy roof Healthy food retail option Work with nonprofit developers like icdc to to build affordable housing Also worked with a lot of groups on technical assistance. So ensuring that they had capital and were prepared to receive capital for the projects that they saw in their communities and then lastly, um the last year or so I was working on a grant around equitable development Which was then funded by jp Morgan chase and they're currently in the implementation phase of a six million dollar grant So that was a partnership with three communities Around um ensuring that any new development in that community was led by residents So under any of our neighborhoods, uh over the last two years. These are some of my project partners that i've been able to work with It's a variety of groups from nonprofits that are doing catalytic development like with the forest theater Revitalizing a historic theater and then thinking about how do you look at mixed income housing opportunities surrounding that site? To harmony cdc, which is the cdc in connection to concord church And really seeing how do they leverage, you know, the resources of that local church to then Provide real estate assets in the surrounding neighborhood specific projects, um, I wanted to highlight this project in the bottom community which is a Scatter site 20 unit single family development We partner with the city of Dallas and have received 1.4 million dollars in bond funding financing to do this project to then provide Housing for families making 80 percent of amir below Which is basically selling we're going to sell the homes for under 200 thousand dollars And then from our matthew southwest experience. I wanted to highlight south side The master plan so see this as a urban Mix use master plan Some of the projects that you know are being highlighted here are things like south side of lamar where you have a variety of Uses so both office residential retail, but also incorporating aspects of like art artists community kind of input into such a large scale building Okay, and then Sorry All right, so let's get into the project right so you've heard a lot about us and what we're doing and what experience we bring to the project Here's some highlights that I think are important as we look through as you consider our proposal So one is again the approach is for this to be a community owned asset So it's 41 units of townhomes. Um that would be for sale And so this is again for people in this community to be able to live as well as have live work options So for small businesses to to have a place that they own in this neighborhood Because this is a been categorized as an urban village site that we have taken some of the Kind of community visioning that's already occurred throughout all of the neighborhood plans and included that in our overall site plan and design And then we're looking to provide quality safe housing and retail options our target market because some of the Product is live work units is local small businesses as well as growing families community leaders and then for those homes We are trying to ensure that there are definitely components of affordability So serving families are our guests to say if it's a three person family, they're making between 59 and 82 thousand dollars a year From the design priorities We're really thinking about opportunities for economic and community development Opportunity for physical connection and activity as well as neighborhood skill home designs and pedestrian friendly connections So i'm just going to briefly walk you through some of the site plans here Um, I don't know if you can see that from where you're at but basically on berry street is are the live work units And then All of these are two-story townhomes You have a linear park that's coming From east to west and then you have a community garden as well as a lot of open space so really trying to ensure that There's plenty of open space a lot of connectivity But giving opportunity for community owned Live work space for small businesses and local businesses So these other slides are just other views of the site And i'll just click through these Okay, so high level of kind of how many units we're looking at so again, it's 41 unit 41 townhomes A third of them are for families at 80 percent of area median income a third of them are live work units With the average price range of a two hundred and twenty one thousand And then serving families we're estimating with the income between 59 and 82 thousand dollars annually Okay, so this is a 12 Estimated to be a 12.4 million dollar project We have requested from the city a land contribution as well as a gap financing in order to ensure that we are We have affordability components I mean that the project is affordable to folks that live in this neighborhood and also meet some of the market needs Okay So in order to actually make this project work It's not really just a real estate deal right like anytime that we're doing these types of projects We have to think about who is also partnering From the community in order to make any of these types of projects actually work Right, so we try to think about it from a couple different lens both from a homeowner a homeowner's perspective A business small business perspective as well as considering how does the open space get managed? So from a homeowner's perspective, there's definitely opportunities with the city other resources to look at homebuyer training down payment assistance, etc There are plenty of and There are excuse me There are plenty of resources To align with when it comes to supporting small businesses and businesses owned by people of color And so then aligning those existing resources with potential business owners that want to purchase the live work units is a key part of that process And then from an open space component You know things like running a community garden I think there are i'm sure there are groups in this community that are already thinking about that are already doing that work of managing Urban farms and this is an opportunity for partnership From the product development strategy component Again, it's really aligning with the local government seeing how there can be shared risk and reward And I mentioned having land contribution as well as a funding gap that we would look to partner with the city on From our project timeline. Uh, this is a guesstimate. Let me say And so we really look to say, you know by the end of this year ideally, you know, if selected we would work on negotiations with the city The better part of next year work on any of the site due diligence process that needs to occur From there, um construction will begin in october 2022 on the land development components and then, um The home building will begin in 2023 through the end of 2025 in that december I will say that that home building component is pretty conservative of it's over a three year time frame that we've estimated and so We can that really kind of aligns with where the market stands And so we would reassess that time frame as we get deeper into the project And so with that i'm i'm back to my beginning slide, which is why do I think we're a good fit for this proposal and for this site? Um, and i'll just reiterate This is the work that we're set up our partnership is set up to do aligning community oriented um real estate with the ability to execute on those projects and having the experience to execute and bringing partners together as well as having strong um Having a strong real estate deal at the end of the day We are looking to align community goals and have a share risk and reward with local government We bring 30 plus years of experience in community development as well as real estate development We are bringing fort worth partners to the table They're already at the table and we look to have more as we go through this process And then our project impact is really saying community ownership is number one This is an asset that we want to ensure that this community owns Through that we see job creation increased spending as well as additional opportunities for future development And so with that That's my presentation. Thank you all for your time So I think we're open to q&a and I think Brenda you're gonna pass the mic Ma'am, I can't hear you. I'm sorry The project for the two hundred thousand dollar townhomes, right? Yes Will that affect the surrounding residents property taxes? Will they now be lumped into that project and will they see their property taxes escalate? So you I'm gonna repeat the question to make sure I understood it So you asked uh with the price point of the townhomes will that affect the surrounding property owners? Will that affect the surrounding property owners taxes property taxes? Okay So with any new development, it's likely going to affect the surrounding property taxes or the the Property taxes of the surrounding community and so um in this community and many others right like that's that's kind of the hurdle It's kind of a catch 22 if you want to see anything New in that area then You know, there's going to be at some level of property tax increase now I will say that one advantage of of this community is that you all are in a neighborhood empowerment zone And so through that it provides opportunity for tax abatements um And I I'm still digging into like the local kind of context for that because we um, I've worked with them in other jurisdictions, but Typically, it's either if you have if there's some new construction or if you're doing a rehab on that home Right, so there are opportunities and policy tools to think about How do you mitigate some of the impact of new development that's coming into the area? But yes, ma'am. Um, it is going to have an impact on uh, surrounding neighborhoods Thank you. Um At the time that you originated your bid and your proposal You came up with your building expense cost Yes, ma'am Does that include the building expense surges that have come after the The storm that we've had because building Supplies are up right now. Oh very much. How does that impact your plan? The prices the cost will increase. That's that's pretty much guaranteed at this point And so when we submit, I mean even as you saw the design concept, right? It's it's still a 2d Concept and so we know that things are going to change We'll have if selected we would have to come back to you all to kind of update you on the designs We have to go out and get pricing, right? So our estimates and our cost Estimates are really based on our best guess at the time of submission, but you are correct Prices have gone up significantly and we will have to adjust accordingly So that really comes in conversation in our partnership with the city Because we will as noted we'll be asking for a subsidy And so depending on where our negotiations end with the city Then that will determine where the purchase price lands. So hopefully we can stay in the same range as the goal Okay, this question may be the wrong question, but I would like an answer. Yes, sir But I do have four questions Question number one This is concerning what area stock up in berry Say it again This meeting is concerning the area of stock up in berry. Yes, sir. The site is on stock up in berry going back How far the north on berry? So The address is 5401 East berry 5401 and 5 425 you're going back to ramie avenue in berry No, sir. Not not that far. Yeah, what a dairy queen is that? Yes, sir And then it stopped the site stops at the church and I don't know the name of the church Okay, now was this on the question about in 2003 the same area stock up in berry back in 2003 So I'm gonna I don't have to refer to I would like an answer on that question because I read about that in 2003 because Well, I'm just trying to figure out They just come up so late and I remember reading about this in 2003 2004 about the same area. So I'm just wondering What happened what happened in all these years I got the blow sure in my mail So I figured something stopped six. Why not just come here and find out something I just I'm just asking a question. Yeah, I think maybe in 2003 you may be talking about the urban village program Or we're the same neighborhood. Yeah. Yeah, it's the same area. So we went as as council member biffin said earlier We've gone through a number of opportunities to try to develop this site. So now I would just I'm just late getting here. I just want to know I don't see much up there in the audio is not too good in here What are the proposals and what's what's what are y'all laying out? Because I never I ain't one burger that never cleaned up at a very Insult cup. I just wonder what you're gonna do now Because I've been reading about this for a long time I have what well. Thank you for being here. We appreciate it. Okay. I'm just here. I'm just here Because my voice is big carry What I was gonna ask you so I can't hear you Okay, what I was gonna ask you um, a lot of young people's coming back in the area include my daughter She finished pb and she's trying to get home here She she's living in a rent house and it's costing her $1,300 a month She got her 18 year old son finna get ready to graduate from Dunbar trying to go to college How is she's gonna afford $200,000 home or townhouse? That she might not own and you know, I'm just trying to figure out how you got and plus she's a single mother And she worked hard. She's uh, you know what I'm saying? She's make good money, but she still can't afford to pay that amount of money for You know for housing Unless you guys got a program that she can maybe get into You know, but a lot of times she'd make too much money to get Assistant see what I'm saying So she's stuck between a rock and a hard place So I'm trying to figure out how is this going to help us Who's struggling already? And then I have seen this happen before like on the east side You say you come in trying to help everybody then you take all our houses From I am turtle everything is gone used to be all black Negro used to be everything has had business everything. So now downtown has all of that So I'm kind of skeptical when you come in and say you're going to do this for us You know what I'm saying? So I'm just kind of want to know what you're going to do But my daughter who finished college working hard Got a son finna go to college six percent of blacks do not finish college because go run out of money So I'm just kind of figuring out just what we're going to do Okay, that's what I need. Okay, you know me. That's what I need. Thank you Yeah, was your question about uh home ownership and down payment assistance Yes, uh in neighborhood services department with the city of Fort Worth You can get up to 20 000 for a down payment and closing costs So Yeah, and so that's that's some things that she'll have to resolve during the home buying process So a lot of times you would need to go through homebuyer counseling That would help Yeah, and and and and so the banks would have to Underwrite her and and and qualify her. So there are some Seems like some issues that she still has to work through that may take a little time Where it's based on our down payment assistance based on your income limits of 80 percent of air median income or less But we can talk about all this Offline, I don't want to take away. Yeah Do me a favor We got one more presentation Number one, she won't have to buy a town home if she doesn't want to She doesn't have to buy a new house if she don't want to but we have another developer here And I want y'all to see what this other developer has to say Then y'all could ask everything Now who's here is mary marrick livens mary marrick raise your hand. She's over the housing authority They do more than projects now Okay, we also have victor who you just heard from and we got some help But I do want people to hear both proposals. So how do you introduce them? You telling to come on? We still have five minutes. So if anybody has specific questions about the development project the timeline um, I think there's some more questions. So anybody else I have a quick question What what's your drive for this particular property? What's driving you to want to develop that property? So, um Truly it is my desire to help communities like this that I have been a part of For you know, pretty much most of my life, right? So I've lived on one side of town and gone to school or another for all of my life and I've seen In driving through those neighborhoods living in these neighborhoods going to church in these neighborhoods that It takes a lot of strategy Time and really a heart to do this work, right? If it was easy it would already be done and so I truly started my company to bring capacity to develop this type of site So for me, it's it's really an opportunity to improve the area alongside you all I think one thing that You know, if you talk to anyone else that I'm working with it's truly community first. So I have to find community partners that are going to Truly take ownership of the project Whether that is buying a town home that's managing the garden, you know community garden Whether that is helping to you know point me to who are great community businesses and local businesses that want to be in this space um, so for me, it's a It's a mission thing right like this is really truly the point of my business. Um And this site is an opportunity to come alongside you all and to further the work that I'm doing I think that your proposals suggested that you were going to build all the infrastructure the horizontal infrastructure in the first in one Bill swoop and then build the townhouses out in a phase progression How many live work and how many townhouses were you going to start with and how do you foresee? I know obviously the market will dictate, but just how do you how quickly do you think you'll roll through? the product So I think right now I have assumed that the townhomes Or sorry the live work is like between two and four at a time and then the townhomes are between five Yeah, the townhomes are five at a time. Sorry. I'm trying to remember the numbers It basically it's like as you saw those pad sites going west to east Then we would build in accordance to essentially those pad sites Um, and then ideally, you know, everything would be pre sold prior, right? So we're doing outreach working with You know realtors that are local to Fort Worth to find buyers in advance and then that will tell us who the You know how quickly we can build based on the interest Does that answer your question? Okay, okay. Well, thank you everyone and I'm gonna pass it back Good evening everyone Um, my name is jeremy smith for those of you that don't know me I grew up in this neighborhood. I've been in actually inside this building more times and probably any other building I've been inside of my entire life I'm the owner of legacy Wealth management group and also the owner of legacy construction solutions um Real quick I would like to address the elephant in the room first and foremost This is not a Gentrification project. All right This is the evolution of stop six Not the gentrification of stop six. I want to make that very clear This is about us, but I will speak on me personally for a quick second um My family my roots date back to over 72 years In this community. I was actually raised exactly 342 Feet away from this berry and star cup site. I went out there and counted myself um I played Dumbbell high school for the most winningest coach here in america and ducted into the hall of fame just a couple of years ago We are actually currently developing in the stop six area. We have seven in permitting at this very moment And those are just new builds. I think we have three or four more rehabs and we are currently rehabbing A remodeled restaurant for dj's country kitchen to be placed Right next to right next door to spencer's funeral home on miller Um We have deeply rooted relationships throughout the stop six Uh, not only in my building here developing here I sit outside on the porch with Local residents. We talk strategy I talk about what they need what they want from our community local business people We sit down and talk every single week about different approaches what they would like to see here So i'm literally here every single day of my life thinking about better ways to into our community My team consists of myself Marquez hains. He's a co-owner Brian chestnut a partner Our mentor is james cash i am taro alum first black athlete at tcu actually sits on the board of walmart and microsoft and currently Minority owner in the boston Celtics who are playing in the playoffs right now A former dean of harvard business school who just had a building Renamed after him on their campus martell willis our builder from compton california A neighborhood that mirrors stop six in a lot of ways So he's very familiar with redeveloping neighborhoods like this Kyle davis it says co-owner, but she's our counsel our lead counsel and rick garza our head developer Our experience we have over 70 years combined in real estate development Um, we are currently building townhomes top golf I personally start To real estate first in atlanta where i went to college at georgie tech Then on to chicago marquez is an investor himself brian chestnut is an investor martel is making his way Into Investorship from his building platform And also, let me go back for a second. I left off two people team Stratford linden lending. That's a four-worth base Lending firm and seasons holdings. They're based out of dallas. Those are two principal lending firms What do we feel like the community needs? We feel like the community needs a catalyst We want to catapult development And in this day and age we cannot take responsibility for what has already happened in stop six There are beautiful homes being built in stop six two on turner One on pennson and another one on mount horn My wife and I even before this was put out as an rfi. I committed to moving back to stop six We'll also be building a mile and a half away from barry and stahlkoop Image enhancement We're currently in the process of building and inviting custom home builders into the neighborhood Everybody wants to know about affordable housing But we want to invite like-minded people into the neighborhood to build custom homes And enhance the beauty of the neighborhood the landscaping All in the meantime while we'll be building custom homes as well Events private sector development and economy I'll speak on a little later affordable housing We're currently on track to in the next year and a half build actually 19 affordable homes within two miles of this site Economic development as I stated earlier We literally speak to business owners around the community every single week We have people that just don't have viable space to put businesses in stop six either they've been torn down too much loitering Or it's just the activity that we don't need where business partners or excuse me business owners cannot thrive So we would like to use this development as a viable space for local business owners Inspiring the youth As you guys know if you've looked over the The development we are building a gym We want to inspire our youth and I will speak on that a little later with some of our affiliates that have committed To this project as well Here's a site plan for everyone to see You see the field house on the west side of the property is broken up into two entities This field house And then the mixed youth space which will consist of 60 units On floors two through four and on the ground level 19,000 square feet of commercial space some of the concerns of the community were the Concrete With our development. We currently own actually a half an acre across the street on the east side of star cup Where we can divert some of our parking lot and add more green space to our project So community nothing to worry about we have that covered connectivity These are just a few of our affiliates that we've already discussed partnering with Doeboard donuts if you've had their donuts Wow Minority owned business who was thriving on camp boolean just recently moved to burleson Melvin who's the owner of that company he has committed and he is excited about moving his business to The stop six area Paul Quinn What better way to Knock off that negative connotation when it comes to Gentrification than to add a hbcu to the stop six community They have committed not verbally but on paper to join us in the redevelopment of stop six And for our kids when we talk about inspiring the youth What better way than to not only give them the athletes that have come out of stop six but to give them Leaders to look up to The president of paul quinn by the way was voted number 26 most influential person in the world a few years ago Also voted president of the year While his college while his hbcu was voted hbcu of the year a year prior Lisa's little angels Lisa's a daycare owner in the neighborhood She does not have a viable space to conduct her business She spends thousands and thousands of dollars Maintaining and upkeeping her space We would like to provide her A much more viable space to put her business Lisa thank you for your service in the community Living waters What a development Ms. Hayes are so proud of you Eight acres. We have recently been hired to develop on the water. So as far as that 2007 Plan that mr. Stearns was speaking of just a second ago Our cut our connectivity between berry and stall cup and the lake Is right here trails Bike trails walk trails more green space. We actually have the Um The site control to be able to make that happen AAU Something me and all my business partners grew up in With the field house, we want to bring more healthy traffic to the neighborhood I don't know if you guys know about the field houses in Duncanville and man's field and in frisco But specifically in frisco the field house was their original plan to build up the whole entire metroplex They started out with the field house brought healthy traffic in and and Following that you brought hotels retail and restaurants And now frisco is them is a thriving thriving community A living waters park waterfall waterfall chapel is an amphitheater that will be included with Developed alongside the living waters park on lake arlington where concerts and weddings can be performed timeline hours actually mirrors Um in ovans We plan to be operable by march 2024 of course, uh, we have tons of pre development negotiations and remediation that would have to be done in the meantime financials Our 60 units will consist of 28 one bedrooms 18 two bedrooms and 14 three beds This is preliminary by the way The retail space will host be the host of 12 businesses The ones that I mentioned before included 19 000 square feet by the way This is a preliminary cost breakdown of the mixed use side We are looking at 11.4 million dollars to get that up and running And another almost seven million to open the multi sport facility economic opportunity There's three things we want to think about direct spending indirect spending and induced spending Think about the healthy economy that will come from Having the three different elements on the corner of berry and stall cup The traffic that will come from the au tournaments The volleyball competitions the cheerleading competitions The parents that dropped them off That have to go get their nails done Stop at a restaurant grab some dough boy donuts and a coffee Drop their kids off their younger kids at leases Think about the businesses that will thrive from that Think about the spending that will happen Think about the salaries that will be made from the 12 businesses that we will have on site and The field house that will need younger athletes younger aspiring athletes and recreation workers and supervisors In summary our passion for the stops in this community is just unmatched Nobody loves this neighborhood like I do. I can promise you that Our vision is in alignment with other developments to connectivity to the eight acres on the lake arlington We've been hired to do that so we can bring a lot of things to fruition Being hired to do both developments We will be instrumental in the development of the youth in stop six And look who's up here 11 year professional basketball player decided to come back home and serve my community Four years at jorda tech graduate state champion at dumbar high school Hey I'm here to not only help bring the youth along But i'm here to hold their hand And my partners are too they love the vision. That's why they're my partners We plan on doing things in their own communities very likely very similar to this one Supporting and power in our local businesses our local businesses deserve a place to conduct business Our future leaders our future business owners They deserve a place to do business And not pay thousands and thousands of dollars in month a month for maintenance In closing Sorry in closing I asked you one question How do you show your neighborhood that you're behind them? Do you keep searching elsewhere for leaders for developers for builders Reach back into the neighborhood show the neighborhood that you believe in them That you believe in the youth that you believe in the local business owners already here. We have a lot of them. We have plenty of them 70 of our crew AC our trades ac roofing guys Subcontractors they're based actually right here in stop six Let's so let's Turn the minority into the majority and show our neighborhood that we really care about our neighborhood by supporting them. Thank you the proposal by billing homes and Everything else but one thing I don't hear you No one saying about billing and stop six and we are food desert We don't have a grocery store I have nobody telling me anything by building a grocery store What about a grocery store? um we uh Councilwoman You know what and I don't understand. I don't know why people don't think we got a grocery. We got fiesta now I know that's not I know that's I know that's not where we stop But it's a grocery store. We can get food from we got one so people gotta stop saying that but Councilwoman spoke on bringing a grocery store to the neighborhood. So that will be That will be in the plan I'm sure of it Okay, cuz we have to go so far to get groceries I live I have to go to those same stores I go to those my wife my wife shares your condoms my upstairs Then we have to go to the doctor's office We got to go way to clear fork to go to the doctor's office. We don't I don't see any doctor's office out here No dentists. Do we get some of those too? Just put some ice on it First, let me say it was a great presentation Second, I'm extremely excited about you all working with us and Living Waters Park to build But you might because I one of my issues has been the food desert that this neighborhood is in So you might address for them how It will impact them to have the forces joining If you all have the opportunity to do this development and you already working with us The activity that that will generate for this community and getting them out of a food desert That's a great comment uh One thing you have to remember is that Nobody's going to bring a business where it's not going to make money A grocery store has to know that they can be um Operable in a money-making business if it if it doesn't make sense se in se It won't make sense So hopefully what we'll be doing is encouraging other business owners to and By densifying certain areas in the neighborhood, which is what forward housing authority is doing as well We will allow a grocery store to come here and So just think about that uh and and and for me when I think about Inviting people back into the community. That's why I came back myself Is so I can have a link to stand on when it comes to um Being an example Hi, my name is Michael Sorrell, and I'm the president at Paul Quinn college And I'm here tonight myself Just because I want you all to understand how seriously We are or how serious we are about this project and how committed we are to this project We think stop six should have a college here We think an hbcu in this community makes all the sense in the world And we are a urban work college. You come to paul quinn. You get a job You get an internship as a student the economic development that jermis is talking about Is central to our vision and central to what we do every day at the college and so When this development happens You will see us an awful lot here because we don't outsource Our engagement we come ourselves. So I'm here tonight because I support jermis. I support this vision I support this project and I will support it by coming often and early my children will play in the rec center My son will play on the aau team like we're all in So thank you for the opportunity to be here. I look forward to enrolling all of your children In paul quinn college. All right, let's just get that straight. All right. Thank you All right, I'm pastor michael more and i'm the president of historic stop six so I think a few screens back you had how The project would create direct investment could you go back to that and kind of explain that once we Have the one project. Yeah, this one direct spending indirect spending and induced spending I think that's where we're going to draw The other businesses into this area, but we've got to have something as Something along this line and along with this type of project. We've also talked about Having community gardens in urbanization Of these type of communities. So where we're talking about Getting fresh vegetables and grocery stores. I think Um, our order groceries from online, but they bring them drop them at your house later has put them in the house for me but We do want to induce that type of uh business in our area So I think if we look at direct spending indirect spending and induced spending that that's going to draw The type of businesses Into the area once we have this type of traffic flow and this type of revenue in our area So I I I see the vision Good comment and and by the way paul queen is an urban garden. Uh, they transform form their football field into Self-performing garden by the way I have two statements and a question So as you as it relates to you saying y'all bringing building houses as you can see we're constantly having houses built up I too built a house in 2004 A five bedroom four bathroom stop six and I brought all four of my children over here Of which two have graduated from dunbar two have graduated from texas wisdom one has graduated from custom uh, Huston Tillerson in austin But what i'm trying to say is that our children don't have anything to look forward to as in activities outside So you mentioned the field house that's over in dallas and duncanville Why can't we put a field house right there because when our children my son used to have to walk to dunbar every morning And he was scared because there was nothing else for him to do except for run on the school Of course, he started playing back football Just so he can get a little bigger to protect himself But mama was there because didn't anybody know me know I get down with him But uh, I don't take value in beating anybody else's kids by the wheel, but i'm just saying my mama do All i'm saying is that I value what you're saying, but we don't have any we're talking about housing for Adults, but we're looking for something for our students and our kids that are planning to become adults Be productive adults in the community that they stand Eventually husband and wives and create a legacy in the community that they're they're raising up in right now They have nothing to do except for to go somewhere else to enjoy something So my business partner martel who's from compton, he asked me he posed a question just yesterday. He said, um What did you do fun went growing up? And I thought it was a trick question at first because I was like I don't know. I went outside and rode bikes. He's no. What did you do for fun? And I thought about it some more I said well People in stop six we leave We go to austin we go to houston. We go to dallas. We don't necessarily have fun in stop six. So What i'm bringing is the field house To give the kids and I kept using the term healthy To give them a healthy viable spot To come and participate In those activities that you mentioned We have a lot of outside space a lot of green space when I was a kid I couldn't go two houses to the south or to the north to the north. That was my boundary That was my limit We're trying to expand boundaries at this moment I went I've traveled around the world exactly 13 times based off my basketball career I'm trying to pay that forward to give other kids the same opportunity that I was afforded through sport And a multi sport facility. This is not just basketball. It will be transformable into volleyball And of course always cheerleading competitions can come and participate in gyms. So this is a multifaceted deal that will Serve the neighborhood I also said what? Healthy. Yes. Okay. So we don't Lisa's chicken. We have three Williams chickens And then you said you're bringing a donut place over sure Where is the restaurant to sit down and have some ground meatloaf and mashed potatoes and green beans something that We can actually sit down and enjoy So the one of the So one of the first things that I mentioned was uh, we are currently remodeling a restaurant for dj's country kitchen country kitchen Correct Sure, sure. So I don't I'm not sure if you notice but when a gym comes up Healthy things come with it smoothie places salad places places where that can complement that athletic atmosphere I firmly believe that once you Spearhead this sort of change others will follow And I can't and I can't do nothing about Lisa's chicken Oh Williams Oh, no, no, no, no Don't let me catch you at Lisa's either Don't let me catch you I've seen them Yeah, all right. Get that. Well. Yeah names chase poke. Uh, that being said You said that it was going to be 60 units for living units. I know Forget their names. Either way, they had like 200 units or something sort Uh, so when it comes to that, I'm guessing Y'all's economic plan is with all the other stuff y'all are bringing it'll outweigh those homes that are lost That when y'all do build these up so When it comes to that though And all your other plans because you had the water plan and then you also had the The dairy cream plan So when it comes to all that, how do you see all that coming together? And are there any headwinds because I know with them they just had the dairy cream plan The boom is simple one place all that but with uh, y'all having all these different plans coming together Do you see any other challenges coming when it comes to doing those all at once? Well, two things dairy queen was Torn down in 85 a year. I was born that's that or burned down. That's all I'm just saying location. Okay. Okay. Got you So what we're doing uh housing wise won't outweigh what they're doing house A place to sleep is a place to sleep. Let's let's Be about that Move over your head as a blessing because some people around don't have that What we have is Psychic we currently at the moment own 15 maybe right at 15 acres We have places to put more homes This 60 units that we have right here is to direct traffic and the field houses to direct traffic to a certain corner What we're doing throughout the neighborhood is more of a master development What i'm doing with my wife and I me and my wife's home Is encouraging other like-minded people that's our age to come Move back to the neighborhood first and foremost Create a living there Start a family there and then push forward. That's exactly what principles road was back in the day carver heights I'm sure everybody remembers that that's exactly what there was So and then be able to balance it all out with affordable housing So it's a it's a What we have is a master plan not just the barrier fall cup corner but a master plan for the entire stop See you later. Thank you I'm looking at the total overall building What is the footprint on that and I know this area very well. I grew up here also So I can see that in my eyes. I can see there's going to be tight space So you say there's going to be a parking space Across the street. Is that the parking space there? So this is all parking space here All of this grayer area The parking space that I was referring to that's across the street Is some property that we own that we bought a year and a half ago That's on the east side of star cup So if we have to defer parking to open up green space like the community wants We'll do it across the street put a pedestrian crosswalk And make it accessible to the to the barrier in star cup development Okay, so your present traffic flow Can you point that out to me also? So we have an entry point here And we have another one here Um, and we could could potentially create another one right here. So we have three different, uh Ingresses into this property um And does that answer your question and plenty and plenty parking Sir, what uh, what when you say plenty parking Have you told number of cars that can go into the area without congestion? Uh, this is exactly what the exact number of parking spots, which I forget exactly how many that was never my focus and uh, Essentially, but it's exactly how much the city will require to build this uh size Development 3.7 All right, last question. Do you have a question? Hi, my name is Lisa. How you guys doing tonight? First of all, I want to thank you because I have been in this community and I have Worked worked worked worked And a lot of it has been unknown, you know And it's a gift. I'm a servant and that's what I'm going to do because um in this area It is disadvantaged families and I think what happens Individuals come in our community and the first thing they think is oh she they need a A house over here a house over here and a house over there And that's fine But come and speak with the individuals in the community and see what the needs are It's so much of people just coming over here dropping off things and not Me as a business owner I did with my parents all day, you know, and thank god for germans all the things that he's presenting today This community needs we don't need house. I mean houses and houses we need we have kids I have an early learning center With paul quinn coming that child can start from early learning and go all the way up to college You know instead of that child get four, you know turn four years old and leave our community Yes, I left the community, but I'm back. So Please understand. Yes. This is a disadvantaged community But talk to the residents talk to the community and see what the needs are You know, we just have so many people coming over here saying we need this and we need that speak to Speak to us business owners speak to you live over here, you know, whoever lives over here. See what our needs are So that's my concern Thank you. Thank you Jared said please give a round of applause for both of our proposals tonight Yeah, I think they they both said something that's critical to this process. Maggie said If it was easy everybody had been doing it And jeremy says If it doesn't make sense, it won't make sense And I think that's the two takeaways we have to take away from this process I think we have two proposals. They have presented their vision They brought their strengths to the table both in different ways But I think what you've got to consider is that we have an opportunity to make a real investment here It's top six regardless of who we go with And so I I just want to thank you all for the time you spent your vision Your heart and putting together these proposals And I'm really looking forward to our process and being able to bring this to conclusion And see some construction starting here over the next few years. So thank you all again for coming out tonight Brenna I'm going to turn it back over to you Thank you again, and thank you again to both of our Pretending and partners. Thank you for everybody for coming out Now the key is again provide your feedback So thank you for this evening, but we will be providing the survey link again It's up on the power point for those of you who did respond via the event bright You will receive an email with that link So share it forward it to your neighbors Get that out there again, it'll be on the city website. There's some additional information that'll be coming out robocalls and post news facebook posts and whatnot to to share that link so again until june 1st It'll be open provide your feedback on that And then again the decision committee will meet in early june after we've had all of that feedback And evaluate again the proposals and Make a recommendation so more to come. This is just the beginning Of this particular conversation So there will be a lot of opportunities for engagement as we continue to move forward. So again, thank you so much for being here Have a great evening