Multifamily/Commercial Land Loop 1604 and Reed Road San Antonio, Texas SUMMARY

Transcription

1 SUMMARY Location: Description: Zoning: Subject property is located on the east side of Loop 1604 between Wiseman Blvd. and Military Drive (see location map). Subject property can be described as approximately acres having approximately 1800 feet of frontage along the east side of Loop 1604 and approximately 250 feet of frontage along the south side of Reed Road (See diagram). C-2 Commercial (Multifamily allowed up to 33 units/acre. See verification letter). Utilities: SEWER- 8 main located at the southern boundary of the property extending south to Kilmarnoch drive 8 main located at the eastern boundary of property extending east. WATER - Service mains located along Loop 1604, Reed Road and Kilmarnoch Drive Prospective purchasers should employ a qualified engineer to provide detailed information regarding utility availability, extension, and capacity as well as development entitlement issues. Price: $5.50 PER SQ. FT. (Approximately $4,394,000.00) Comments: Development rights are recognized as of May 2008 for a multifamily development. Zoning was amended to allow self storage development. Conceptual site plan prepared by Sage Group, Inc. included 310 multifamily units and a 3.25 acre self storage project. Loop 1604 improvment construction underway.

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6 THE VIEW AT WESTOVER HILLS WESTOVER HILLS

7 +/ / / Acres +/ / /- 545

8 City of San Antonio/ Texas Depa1'tment of Devewpnteut $er11ices, Zoning Section Deoembar20, 2007 Robin M. Stovar 112 East Peoan, Sutte 1490 San Antonio, Texas SUBJECT: ZV2008H7, P 131, NOB 34400, southeast CQmar of Reed Rd. PndW Loop 1604 N, San Antonio, Texas Dear Ms. Stover. As of Iha date of this lelter, the above raferehced property Is zoned "C 2" Commerorat D111trlct as Illustrated on the atlllohed exhibit. The "C 2" i:onlng on the eubjec~roparty was established as per Ordinance 93681, adopted May 3, 2001/mada effective February 4 of This ordlnance> amended/revised lhe City of San Antonio Unified Davelopment Coda (UDO) v.hereby prevh:ius zon)ng cla$s!roatlons ware converted to new zoning classlhoatlons. The previous "B 2" Buslnes11 District zoning was co~verled to "C l!" Commercial Dlstrlet. Per Section d of the IJDC, rnulfl-ramlly dwellln9s developed at 33 unlls or less per acre are a pannllted use for any traotor paroel prevjoualy :e:one<i "B 2" Business OJstrlot prior to the adopllon of the UDO, so long as suuh traot!s not the subject of further l'lll!onlng. As of th date of thle latter, apartments at a rnaximurn denelly ol 33 units per aore are a permitted use oli the subject site. The Development Services Oepariment Is responsible for enforcement of building eode end development code requirements Including the lssuancei of building permtts, varlances for site and building spacificattons, records of zoning code vtolauons and certlftcales of ocoupanoy. ihe customer Servloes Section of Iha Development Services Depa rim ant can provlcta this Information. Thay oan be reached at (210) , ext. o (cuslomer service option). In addition, If you Wish to ensure aompllance With the current building code or wllh development standards and other regulauons In the Unllled Development Coda. which may require the review of bulldlng orslle plans, please contact a Development Services Engineer at (210} lo discuss or to schedule a more In-depth prellmlnary plan review. The owner(s) may have the right to restore or rebuild Iha existing strueture(s) due to damages caused by fire or other casually, subject lo compllanoe wltl1 the City of San Antonio l'lullding and Zoning Code requirements and Mlola 7 of San Ahtonto's Unlffed Development Code. I I ff we may be of furthar assistance, please contaol Pete Gome~. the Planner who worked on your reques\ at (210) Thank you. Cordially, g~ kl~ sanror Planner Cllff Motton Pev~fopµtenl and 61w!ness Services Center, 1901 South Alamo Street P.O. Box , San Antonio, TX , (210)

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