Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Projects > Project Specs > Flashcards

Project Specs Flashcards

1
Q

Hilton Annex

Developer Name & Company

A

Farukh Aslam and Binny Aslam;
Hotel Texas Annex, LLC

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Hilton Annex

Minimum Private Investment

A

$33 million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Hilton Annex

Project Use

A

Mixed-Use;
Corporate/Furnished Apartments;
Renovation of currently vacant hotel annex

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Hilton Annex

Address

A

815 Commerce St.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Hilton Annex

Min. Number of Rental Units

A

125 units

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Hilton Annex

Affordability Requirement

A

80% Market, 20% Affordable for 15 years

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Hilton Annex

SF Retail

A

6,000 sf

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Hilton Annex

Value ROW/Streetscape Improvements

A

Min. $1.5 million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Hilton Annex

Value Exterior Envelop and Historic Restoration Improvements

A

Min. $1.5 million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Hilton Annex

Value Environmental Abatement

A

Min. $1 million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Hilton Annex

Value Environmental Abatement

A

Min. $1 million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Hilton Annex

Minimum FTEs Required

A

10 FTEs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Hilton Annex

MWBE Requirements

A

25% MWBE Goal

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Hilton Annex

Incentive Type

A

TIF 380

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Hilton Annex

Incentive Amount

A

$4,766,667

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Hilton Annex

Incentive Payout

A

6 annual payments after completion;
Year 1: $1,833,333
Year 2-6: $586,667

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
17
Q

Hilton Annex

Private-to-Public Ratio

A

9.2 (NPV)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
18
Q

Hilton Annex

Date Approved by Board

A

4/8/2015

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
19
Q

Sinclair Building

Developer Name & Company

A

Farukh Aslam and Binny Aslam;
Sinclair Holdings, LLC

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
20
Q

Sinclair Building

Minimum Private Investment

A

$32 million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
21
Q

Sinclair Building

Project Use

A

4-star Autograph Hotel

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
22
Q

Sinclair Building

Address

A

512 Main St.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
23
Q

Sinclair Building

Min. Number of Keys

A

160 keys

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
24
Q

Sinclair Building

Value ROW/Streetscape Improvements

A

Min. $1.5 million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
25
Q

Sinclair Building

Value Exterior Envelop and Historic Restoration Improvements

A

Min. $1.5 million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
26
Q

Sinclair Building

Value Environmental Remediation and Code Compliance

A

Min. $500,000

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
27
Q

Sinclair Building

Minimum FTEs Required

A

100 FTEs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
28
Q

Sinclair Building

MWBE Requirements

A

25% MWBE Goal

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
29
Q

Sinclair Building

Completion Deadline

A

12/31/2017

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
30
Q

Sinclair Building

Incentive Type

A

TIF 380

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
31
Q

Sinclair Building

Incentive Amount

A

$3,459,459

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
32
Q

Sinclair Building

Incentive Payout

A

6 annual payments after completion;
Year 1: $864,865
Year 2-6: $518,919

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
33
Q

Sinclair Building

Private-to-Public Ratio

A

12.5 (NPV)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
34
Q

Sinclair Building

Date Approved by Board

A

3/5/2015

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
35
Q

515 Houston St.

Developer Name & Company

A

Farukh Aslam and Binny Aslam;
Fossil Creek Land Partners, LLC

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
36
Q

515 Houston St.

Minimum Private Investment - Phase 1

A

$3 million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
37
Q

515 Houston St.

Minimum Private Investment - Phase 2

A

$0 (spa delivery commitments only)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
38
Q

515 Houston St.

Minimum Private Investment - Phase 3

A

$17 million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
39
Q

515 Houston St.

Project Use

A

Mixed-Use retail, office, spa, hotel banquet, hotel service, and data center

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
40
Q

515 Houston St.

Address

A

515 Houston St. (Sanger Bros. Bldg., Color Tile Bldg.)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
41
Q

515 Houston St.

Min. SF Meeting or Banquet Space (Phase 1)

A

8,000 sf

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
42
Q

515 Houston St.

Min. SF Spa (Phase 2)

A

8,000 sf

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
43
Q

515 Houston St.

Min. SF Office (Phase 3)

A

18,000 sf

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
44
Q

515 Houston St.

Min. SF Data Center (Phase 3)

A

16,000 sf

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
45
Q

515 Houston St.

Min. SF Hotel Service (Phase 3)

A

8,000 sf

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
46
Q

515 Houston St.

Value Façade and Streetscape Improvements (Phase 1)

A

$3 million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
47
Q

515 Houston St.

Value ROW and Streetscape Improvements (Phase 3)

A

$500,000

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
48
Q

515 Houston St.

Value Exterior Envelop and Historic Restoration Improvements (Phase 3)

A

$2 million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
49
Q

515 Houston St.

Minimum FTEs Required

A

25 FTEs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
50
Q

515 Houston St.

MWBE Requirements

A

25% MWBE Goal

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
51
Q

515 Houston St.

Completion Deadline - Phase 1

A

12/31/2017

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
52
Q

515 Houston St.

Completion Deadline - Phase 2

A

12/31/2018

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
53
Q

515 Houston St.

Completion Deadline - Phase 3

A

12/31/2018

(failure to complete does not lead to default on Phases 1 and 2)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
54
Q

515 Houston St.

Incentive Type

A

TIF 380

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
55
Q

515 Houston St.

Total Incentive Amount

A

$1,875,000

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
56
Q

515 Houston St.

Phase 1 Incentive Amount

A

$300,000

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
57
Q

515 Houston St.

Phase 3 Incentive Amount

A

$1,575,000

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
58
Q

515 Houston St.

Incentive Payout

A

Phase 1 - At Completion;
Phase 3 - 6 annual payments after completion

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
59
Q

515 Houston St.

Private-to-Public Ratio

A

10.7 (NPV)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
60
Q

515 Houston St.

Date Approved by TIF Board

A

4/22/2015

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
61
Q

Catalyst - Lancaster Phase 1

Developer Name & Company

A

Paris Rutherford and Rhys Heinsch; Catalyst Urban Development in partnership with Lennar

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
62
Q

Catalyst - Lancaster Phase 1

Minimum Private Investment - Phase

A

$38 million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
63
Q

Catalyst - Lancaster Phase 1

Project Use

A

Multi-family and Retail

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
64
Q

Catalyst - Lancaster Phase 1

Location

A

Two blocks bound by Lancaster, Lamar, Texas and Cherry

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
65
Q

Catalyst - Lancaster Phase 1

Min. Rental Units

A

254 units

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
66
Q

Catalyst - Lancaster Phase 1

Affordability Requirement

A

80% Market, 20% Affordable for 15 years

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
67
Q

Catalyst - Lancaster Phase 1

SF Retail

A

6,000 sf

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
68
Q

Catalyst - Lancaster Phase 1

Total Number of Garage Parking Spaces

A

601 spaces

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
69
Q

Catalyst - Lancaster Phase 1

Previous Number of City Parking Spaces

A

135 spaces

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
70
Q

Catalyst - Lancaster Phase 1

Number of City Parking Spaces to be Leased to City and Term of Lease

A

185 spaces; 90 yr. lease

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
71
Q

Catalyst - Lancaster Phase 1

Total Number of Residential Parking Spaces

A

331 spaces

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
72
Q

Catalyst - Lancaster Phase 1

Total Number of Parking Spaces for Neighboring Office

A

85 spaces

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
73
Q

Catalyst - Lancaster Phase 1

Value Demo and Abatement Improvements

A

Min. $750,000

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
74
Q

Catalyst - Lancaster Phase 1

Value Infrastructure Improvements

A

Min. $1,825,852

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
75
Q

Catalyst - Lancaster Phase 1

Total TIF Affordable Housing Reimbursement

A

$2,125,000

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
76
Q

Catalyst - Lancaster Phase 1

Payout of TIF Affordable Housing Reimbursement

A

$1,000,000 at completion; $75,000 annually for 15 years

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
77
Q

Catalyst - Lancaster Phase 1

Completion Deadline

A

12/31/2018

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
78
Q

Catalyst - Lancaster Phase 1

Incentive Type

A

TIF 380

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
79
Q

Catalyst - Lancaster Phase 1

Total Incentive Amount

A

$4,700,852

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
80
Q

Catalyst - Lancaster Phase 1

Incentive Payout

A

Total upon completion except affordable housing annual reimbursement

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
81
Q

Catalyst - Lancaster Phase 1

Private-to-Public Ratio

A

9.0 (NPV)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
82
Q

Catalyst - Lancaster Phase 1

Date Approved by TIF Board

A

7/1/2015

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
83
Q

Catalyst - Lancaster Phase 1

Est. Land Value for Conveyance by City

A

$1,940,250

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
84
Q

Catalyst - Lancaster Phase 1

Terms of Conveyance of City Land

A

City to convey at appraised value in exchange for 99 year lease for 185 garage parking spaces

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
85
Q

Catalyst - Lancaster Phase 1

Average Contruction Cost Per Parking Space (garage)

A

$15,000 per space

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
86
Q

Catalyst - Lancaster Phase 1

Total Value of New City Garage Parking Spaces

A

$2.77 million

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
87
Q

Catalyst - Lancaster Phase 1

New Property Taxes Generated by Project

A

$700,000 NPV over 10 years ($1.1 million gross)

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
88
Q

Majestic

Minimum Private Investment - Phase

A

$185 million

89
Q

Majestic

Project Use

A

Mixed Use

90
Q

Majestic

Location

A

Fort Worth Stockyards; Armor and Swift ruins, Mule Barns, Stockyards Station, cattle pens and adjacent parking lot

91
Q

Majestic

Developer Name & Company

A

Fort Worth Heritage, LLC: Majestic - Craig Cavileer; Hickman Cos. - Brad Hickman

92
Q

Majestic

Number of Phases in Project

A

3 phases

93
Q

Majestic

Incentive Type

A

25 year Chapter 380 on Property and Sales

94
Q

Majestic

Phase 1 Minimum Investment

A

$35 million

95
Q

Majestic

Phase 2 Minimum Investment

A

$65 million

96
Q

Majestic

Phase 3 Minimum Investment

A

$75 million

97
Q

Majestic

Phase 1 Completion Deadline

A

12/31/2018

98
Q

Majestic

Phase 2 Completion Deadline

A

12/31/2022

99
Q

Majestic

Phase 3 Completion Deadline

A

12/31/2024

100
Q

Majestic

Ch. 380 Property Percentage

A

40% of incremental real and personal

101
Q

Majestic

Ch. 380 Sales Percentage

A

80% of one cent City sales tax

102
Q

Majestic

Cap on Total Ch. 380 (NPV)

A

$26 million

103
Q

Majestic

Phase 1 Ch. 380 Cap (NPV)

A

$5.2 million

104
Q

Majestic

Phase 2 Ch. 380 Cap

A

$14.9 million

105
Q

Majestic

Phase 3 Ch. 380 Cap

A

$26.0 million

106
Q

Majestic

Minimum Job Creation

A

25 FTEs

107
Q

Majestic

Public-to-Private Ratio

A

7:1 (NPV)

108
Q

Majestic

Annual Deadline for City Incentive Payment

A

6/1/2015

109
Q

Pinnacle Bank Place

Total MU Building Development Cost

A

$19.9 million

110
Q

Pinnacle Bank Place

Project Use

A

5-story MU rental residential building with garage

111
Q

Pinnacle Bank Place

MU Building Address

A

250 W. Lancaster

112
Q

Pinnacle Bank Place

Garage Address

A

229 W. 13th St.

113
Q

Pinnacle Bank Place

Developer Name & Company

A

Lancaster Corridor Redevelopment, LLC

114
Q

Pinnacle Bank Place

Number of Residential Units

A

130 units

115
Q

Pinnacle Bank Place

Number of HOME Units

A

11 HOME units

116
Q

Pinnacle Bank Place

Total SF Retail

A

30,000 sf (including common area)

117
Q

Pinnacle Bank Place

Total SF Pinnacle Bank

A

15,000 sf

118
Q

Pinnacle Bank Place

Total SF East Side Retail

A

15,000 sf

119
Q

Pinnacle Bank Place

Amount of Loan from Pinnacle Bank

A

$16.5 million

120
Q

Pinnacle Bank Place

Amount of LDC Equity

A

$306,000

121
Q

Pinnacle Bank Place

Value of LDC Land

A

$90,000

122
Q

Pinnacle Bank Place

Amount of HOME Funds

A

$1.4 million

123
Q

Pinnacle Bank Place

Funds from Pinnacle Condo Sale

A

approx. $1.5 million

124
Q

Pinnacle Bank Place

Pinnacle Loan Interest Rate

A

5.25%

125
Q

Pinnacle Bank Place

Amount of TIF Funds for Garage

A

$7.6 million

126
Q

Pinnacle Bank Place

Number of Total Garage Spaces

A

450

127
Q

Pinnacle Bank Place

Ownership of MU Building

A

Fort Worth Local Development Corporation (LDC) throughsubsidiary Lancaster Corridor Redevelopment LLC

128
Q

Pinnacle Bank Place

Ownership of Garaage

A

Fort Worth Central City Local Government Corporation (CCLGC)

129
Q

Pinnacle Bank Place

Estimated Project Completion

A

4/1/2016

130
Q

Champion Circle

Minimum Private Investment - Phase

A

$305 million

131
Q

Champion Circle

Project Use

A

Multi-use; Outlet Center Retail, Multi-family, Class-A Office

132
Q

Champion Circle

Location

A

South of TMS and adjacent to west side of I-35

133
Q

Champion Circle

Total SF of Development

A

2.4 million SF

134
Q

Champion Circle

Developer Name & Company

A

Fine Line - Bill Boecker, Ken Ebeling; Tanger Outlets

135
Q

Champion Circle

Number of Phases in Project

A

2 phases

136
Q

Champion Circle

Incentive Type

A

15 year Chapter 380 on City $0.01 Sales Tax (10 year 380 for Fine Line if only Phase 1 is completed)

137
Q

Champion Circle

Phase 1 Minimum Investment

A

Fine Line - $60 million; Tanger - $70 million

138
Q

Champion Circle

Phase 2 Minimum Investment

A

Fine Line - $113 million (additional); Tanger - $10 million (additional)

139
Q

Champion Circle

Phase 1 Fine Line Construction Minimums

A

50K sf commercial, 100K sf rental residential

140
Q

Champion Circle

Phase 1 Tanger Construction Minimums

A

350K outlet mall

141
Q

Champion Circle

Tanger Minimum Sales Per SF

A

minimum $300/sf

142
Q

Champion Circle

Phase 2 Fine Line Construction Minimums

A

500K sf commercial, 200K sf Class-A office, 300K sf rental residential

143
Q

Champion Circle

Phase 2 Tanger Construction Minimums

A

50K outlet mall

144
Q

Champion Circle

Phase 1 Tanger and Fine Line Joint Investment Minimum

A

minimum $100 million combined or both agreements default

145
Q

Champion Circle

Phase 1 Completion Deadline

A

12/31/2018

146
Q

Champion Circle

Phase 2 Completion Deadline

A

12/31/2021

147
Q

Champion Circle

Total Value of Incentives - Fine Line

A

$31.5 million (estimated)

148
Q

Champion Circle

Total Value of Incentives - Tanger

A

$25.0 million (estimated)

149
Q

Champion Circle

Total Value of Incentives - Combined

A

$56.5 million (estimated)

150
Q

Champion Circle

Cap on Incentives

A

Limited to phase completed (i.e. no phase 2, incentive limited to phase 1)

151
Q

Champion Circle

Ch. 380 Percentage

A

85% of one cent City sales tax

152
Q

Champion Circle

Minimum Job Creation

A

Fine Line - 250 FTEs by 2019, Tanger - 350 FTEs by 2019

153
Q

Champion Circle

Public-to-Private Ratio

A

7:6 (NPV)

154
Q

Champion Circle

Annual Deadline for City Incentive Payment

A

6/1/2015

155
Q

TandP Warehouse

Developer Name & Company

A

Cleopatra Investments, Ltd. - Ola Assem and Nadeem Assem

156
Q

TandP Warehouse

Minimum Private Investment

A

$35 million hard construction costs

157
Q

TandP Warehouse

Project Use

A

Mixed-use rental residential and retail

158
Q

TandP Warehouse

Address

A

401 West Lancaster

159
Q

TandP Warehouse

Min. Rental Units

A

minimum 260 units

160
Q

TandP Warehouse

Total Value of TIF Agreement

A

$9 million ($11.65 million with 8% interest added)

161
Q

TandP Warehouse

Year Original Agreement Executed

A

2007

162
Q

TandP Warehouse

Year of Most Recent Amendment to Agreement

A

2012 (Amendment No. 4)

163
Q

TandP Warehouse

Deadline for Construction Loan

A

9/19/2015 (plus 30 days to provide proof)

164
Q

TandP Warehouse

Deadline for Demolition

A

9/20/2016 (15 mos.)

165
Q

TandP Warehouse

Completion Deadline

A

3/20/2018 (33 mos.)

166
Q

TandP Warehouse

Incentive Type

A

TIF Development Agreement

167
Q

TandP Warehouse

Temporary Construction Easement Acreage

A

0.276 acre

168
Q

TandP Warehouse

Temporary Landscape Easement Acreage

A

0.178 acre

169
Q

TandP Warehouse

Date Temporary Construction Easement Released

A

6/20/2015

170
Q

TandP Warehouse

Private-to-Public Ratio

A

3.8

171
Q

TandP Warehouse

Incentive Payout

A

10 year payout (approx. $1.2 million per year)

172
Q

Cadillac Lofts

Developer Name & Company

A

TX Kent Apartments, LP - John Patricca, Bill Fisher, Ken Conine, Hap Bagget

173
Q

Cadillac Lofts

Minimum Private Investment - Phase

A

minimum $26.6 million

174
Q

Cadillac Lofts

Project Use

A

5-story Rental Multi-family (pedestal on garage)

175
Q

Cadillac Lofts

Location

A

Southeast corner of Main St. and Lancaster Ave. (former Frank Kent Cadillac site)

176
Q

Cadillac Lofts

Min. Rental Units

A

200 units

177
Q

Cadillac Lofts

Affordability Requirement

A

20% at or below 80% AMI for 15 years

178
Q

Cadillac Lofts

Total Number of Garage Parking Spaces

A

320 spaces

179
Q

Cadillac Lofts

Value of Site Work, Demo and Environmental Remediation Improvements

A

$1,525,000

180
Q

Cadillac Lofts

Value of Utility Improvements

A

$300,000

181
Q

Cadillac Lofts

Value of Road Improvements

A

$175,000

182
Q

Cadillac Lofts

Value of Streetscape/Landscaping Improvements

A

$500,000

183
Q

Cadillac Lofts

Completion Deadline

A

12/31/2017

184
Q

Cadillac Lofts

Incentive Type

A

TIF Development Agreement

185
Q

Cadillac Lofts

Total Incentive Amount

A

$2.5 million reimbursement

186
Q

Cadillac Lofts

Short-term Affordable Housing Loan amount and terms

A

$1.5 million 18 mo. no interest loan; convertible to 5.25% 10-yr loan (Receipt of TCAP funds would eliminate loan)

187
Q

Cadillac Lofts

Incentive Payout

A

Upon completion

188
Q

Cadillac Lofts

Private-to-Public Ratio

A

10.6 (NPV)

189
Q

Cadillac Lofts

Date Approved by TIF Board

A

7/1/2015

190
Q

Cadillac Lofts

Appraised value of property at time of incentive approval

A

$2.1 million

191
Q

Anthracite Building

Developer Name & Company

A

Anthracite Realty Partners, LLC - Greg and Laura Bird; Pettit Consulting

192
Q

Anthracite Building

Minimum Private Investment - Phase

A

minimum $115 million

193
Q

Anthracite Building

Project Use

A

25-story high-rise office building with garage

194
Q

Anthracite Building

Location

A

640 Taylor St.

195
Q

Anthracite Building

Total SF Office

A

230,000 SF (gross) Class A Office

196
Q

Anthracite Building

Total SF Ground Floor Retail

A

7,000 SF

197
Q

Anthracite Building

Total SF Café and Outdoor Terraces

A

8,000 SF

198
Q

Anthracite Building

Total SF Conference, Training and Event Rooms

A

8,000 SF

199
Q

Anthracite Building

Total Number of Garage Parking Spaces

A

900 above and below grade parking spaces

200
Q

Anthracite Building

Total Parking Spaces for Morningstar

A

130 spaces

201
Q

Anthracite Building

Total Parking Spaces for Fort Worth Club

A

150 spaces

202
Q

Anthracite Building

Total Parking Spaces for Office Tenants

A

640 spaces

203
Q

Anthracite Building

Total Parking Spaces Available for Shared Parking

A

150 spaces

204
Q

Anthracite Building

Total Floors of Parking Garage

A

10 floors

205
Q

Anthracite Building

Min. Value of Paving and Sidewalk Improvements

A

$199,583

206
Q

Anthracite Building

Min. Value of Site Work, Landscape, Irrigation and Lighting Improvements

A

$417,789

207
Q

Anthracite Building

Min. Value of Water Utilities, Sanitary Sewers and Storm Drain Improvements

A

$29,146

208
Q

Anthracite Building

Min. Cost of Traffic Signal Relocation

A

$145,361

209
Q

Anthracite Building

Min. Value of Electrical Utilities Improvements in Public ROW

A

$3,664,960

210
Q

Anthracite Building

Project Start Deadline

A

12/31/2015

211
Q

Completion Deadline

A

12/31/2018

212
Q

Anthracite Building

Incentive Type

A

TIF Development Agreement

213
Q

Anthracite Building

Total Incentive Amount

A

$4,456,839

(+6% annual interest on unpaid TIF reimbursement)

214
Q

Anthracite Building

Incentive Payout

A

Year 1 - $1 million,
Year 2 - $1 million,
Year 3 - $4,202,973

215
Q

Anthracite Building

Private-to-Public Ratio

A

25.8 (NPV)

216
Q

Anthracite Building

Date Approved by TIF Board

A

9/14/2015 (anticipated)

217
Q

Appraised value of property at time of incentive approval

A

$1.6 million

218
Q

Anthracite Building

Acres of Development

A

0.685

Projects (7 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions