FY 2020 Annual Development Report

Page 1

A N N UA L D E V E LO P M E N T R E P O R T

FY 2020


CO N T E N T S

5

SO U T H L A K E SN A PS H OT

6

E CO N O M I C O V E R V I E W

12

This section provides a brief informational overview of the City of Southlake.

This section provides a few highlights of the City of Southlake economy.

U N D E R S TA N D I N G D E V E LO PM E N T This section explains the development process in the City of Southlake as well as introduces the Planning and Development Services Department and associated Boards/Commissions.

24 N E W

R E SI D E N T I A L D E V E LO PM E N T

This section focuses on residential development activity within the City of Southlake during fiscal year 2020.

CO U N C I L & S TA F F C I TY O F SO U T HLA K E COUNCIL MEM BERS

Laura Hill M AY O R Shawn McCaskill M AY O R P R O T E M / C O U N C I L M E M B E R P L A C E 2 John Huffman D E P U T Y M AY O R P R O T E M / C O U N C I L M E M B E R P L A C E 5 Shahid Shafi C O U N C I L M E M B E R P L A C E 1 ( F O R M E R M E M B E R ) Kathy Talley C O U N C I L M E M B E R P L A C E 1 Chad Patton C O U N C I L M E M B E R P L A C E 3 Ronell Smith C O U N C I L M E M B E R P L A C E 4 Christopher Archer C O U N C I L M E M B E R P L A C E 6 ( F O R M E R M E M B E R ) Randy Williamson C O U N C I L M E M B E R P L A C E 6

C I TY O F SO U T HLA K E STA F F

Shana K. Yelverton C I T Y M A N A G E R Benjamin E. Thatcher A S S I S TA N T C I T Y M A N A G E R ( F O R M E R ) Alison D. Ortowski A S S I S TA N T C I T Y M A N A G E R Daniel Cortez D I R E C T O R O F E C O N O M I C D E V E L O P M E N T & T O U R I S M Sharen Jackson C H I E F F I N A N C I A L O F F I C E R Kenneth M. Baker S R . D I R E C T O R O F P L A N N I N G & D E V E L O P M E N T

SERVICES 2

26

N E W CO M M E R C I A L D E V E LO PM E N T This section focuses on commercial development activity within the City of Southlake during fiscal year 2020.

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VA LUAT I O N

32

REVENUE

A PP E N D I X

36

This section provides updated numbers related to City of Southlake valuation and taxable value.

This section highlights revenue trends in selected areas over the last five fiscal years.

43 CO N TAC T

US

3


NOTE FROM THE SENIOR DIREC TOR OF PLANNING AND DE VELOPMENT SER VICES

Ken Baker, AICP

The Planning and Development Services Department is pleased to submit the Annual Development Activity Report for fiscal year 2020, which ended September 30, 2020. The department had numerous accomplishments throughout the year. City staff works hard to update the City’s Comprehensive Plan, Southlake 2035, process development applications, review building permits and issue permits, complete building inspections and respond to code enforcement requests. However, our work wouldn’t be possible without the support and leadership from our Mayor and City Council members, Planning and Zoning Commissioners, and various other city boards (ZBA, BBA, 2035 Corridor Planning Committee). In addition, our citizens play a vital role in working alongside our department to ensure we provide the highest quality of life for our residents, businesses and visitors. The Annual Development Report provides a small glimpse into the daily activities of the department, highlighting projects of interest and giving statistics that help tell Southlake’s development story. I am happy to present this report to you as a supplement to the City’s adopted budget, to showcase some of the development trends we have seen over time.

C I T Y O F S O U T H L A K E C I T Y CO U N C I L

S O U T H L A K E S N A P S H OT

“AAA”

Population

City Bond Ratings

30,370

City Size

22.5

square miles Building Permits Issued % City Developed

2,834

89

New Residential Valuation New Commercial Valuation

$303M

$50M

Southlake City Council from left to right: Ronell Smith, Kathy Talley, Shawn McCaskill, Laura Hill, Chad Patton, John Huffman, Randy Williamson 4

*Population from the North Central Texas Council of Governments estimated January 1, 2020 5


E CO N O M I C O V E R V I E W

1 YEAR

TOP EMPLOYERS # OF EMPLOYEES SABRE HOLDINGS

6

51%

5 YEAR

TOP NON-RESIDENTIAL

TAXPAYERS

2,550

TD AMERITRADE

1,978

CARROLL ISD

1,154

KELLER WILLIAMS

650

GATEWAY CHURCH

580

VERIZON WIRELESS

670

CITY OF SOUTHLAKE

550

CENTRAL MARKET

370

HILTON SOUTHLAKE

220

METHODIST SOUTHLAKE HOSPITAL

2 YEAR

200

TOWN SQUARE VENTURES, LP VERIZON WIRELESS SOUTHLAKE TOWN SQUARE GRAND AVENUE LP TD AMERITRADE

$1.55 BILLION IN FY 2020

TOP INDUSTRIES # OF BUSINESSES RETAIL

229

PROFESSIONAL, SCIENTIFIC, & TECHNICAL SERVICES

229

HEALTH SERVICES

196

FINANCE & INSURANCE

138

ACCOMMODATION & FOOD SERVICES

111

REAL ESTATE

92

92% OF BUSINESS OWNERS SAY

ADMIN/SUPPORT

80

IS A GOOD OR

OTHER SERVICES

73

WHOLSALE TRADE

59

EDUCATIONAL SERVICES

29

WYNDHAM PROPERTIES, LTD

92

CONSUMER SALES APPROX.

NATIONAL AVG.

IN SOUTHLAKE FY 2020

69%

74% CITY OF SOUTHLAKE

NEW BUSINESSES

84%

NATIONAL AVG.

68

80%

CITY OF SOUTHLAKE

IN SOUTHLAKE

96%

NATIONAL AVG.

BUSINESSES

BASED ON CALENDAR YEAR

CITY OF SOUTHLAKE

2,601

BUSINESS SURVIVAL RATES

SOUTHLAKE EXCELLENT PLACE TO DO

BUSINESS.

7


E CO N O M I C O V E R V I E W RETAIL OCCUPANCY

LABOR FORCE

30,370

AGES 20-64

TOTAL POPULATION

70,471

within 5 miles

46,007

292,298

4,488,327

94%

RETAIL SPACE

RATE

TOTAL SQ FT

OCCUPANCY

ESTIMATED DAYTIME

within 10 miles

1,423,553

within 20 miles

POPULATION

LIFESTYLE CENTER

28,209

POWER CENTER

93% 77%

TOTAL EMPLOYMENT

5.1%

UNEMPLOYMENT RATE

94%

COMMUNITY CENTER

93%

NEIGHBORHOOD CENTER

OFFICE OCCUPANCY

HOUSING MARKET

TOTAL VALUATION ADDED

BASED ON FISCAL YEAR

$915,547 SOUTHLAKE AVERAGE HOME SALES PRICE

$796,815 MEDIAN HOME VALUE

5.8% INCREASE IN AVERAGE HOME VALUE OVER PRIOR YEAR 8

IN SOUTHLAKE

590

# HOME SALES IN 2020

55 DAYS

AVERAGE TIME ON THE MARKET

79

NEW HOME PERMITS ISSUED IN 2020

148 CERTIFICATES OF OCCUPANCY

$303,073,394

4,691,512 TOTAL SQ FT

OCCUPANCY

OFFICE SPACE

RATE

NEW RESIDENTIAL

CLASS A

$50,121,222

CLASS B

NEW COMMERCIAL

80%

72%

MEDICAL OFFICE INDUSTRIAL FLEX

82% 80% 91%

ISSUED IN 2020 9


S O U T H L A K E 2 0 35 CO M P R E H E N S I V E P L A N

D E V E LO P M E N T P R O C E S S PA

CPC

AS

10

Before an application is submitted, potential applicants will often meet with staff to review their proposals in accordance with the city’s adopted development ordinances, such as the Zoning Ordinance, Subdivision Ordinance, and more.

The Corridor Planning Committee meets with developers on potential project applications to give initial feedback and provide land use recommendations that are consistent with the framework of the Southlake 2035 Comprehensive Plan.

Once ready, the applicant will submit a proposal to the Planning & Development Services Department (PDS) for review. During FY 2020 PDS Department processed 124 development applications.

DRC

The Development Review Committee consists of multiple city departments (Fire, Public Works & Engineering, Planning & Development) whose goal is to comprehensively analyze development proposals against all applicable code requirements before a project moves forward in the development process.

SPIN

SPIN Town Hall Forums represent an unique opportunity for applicants and Southlake residents to meet for a Q&A about projects of interest. While this is not a required step in the development process, city staff strongly encourages applicants to take advantage of this forum.

LA

The Southlake Comprehensive Plan is a culmination of various plan elements that provide a vision for future development of Southlake for the next 20 years. City officials utilize these documents to guide decisions about the physical development of the city. Currently, the city is focusing on developing the Southlake 2035 Comprehensive Plan, which includes numerous master plan documents. The Recommendations adopted within each master plan element help steer policy, budget, and work plan decisions. There are hundreds of recommendations throughout all of the adopted master plan documents, and city staff works diligently to ensure these items are completed per their established implementation policy. To learn more about about the Southlake 2035 Comprehensive Plan, visit our comprehensive planning webpage at http://bit.ly/2SGmskI

The final steps in the entitlement process includes meeting with the Planning & Zoning Commission (P&Z) and City Council. The P&Z Commission provides a recommendation on an application to City Council. City Council is the final legislative authority on all development proposals. Depending on the project type, an item may require one or two meetings at City Council.

In FY 2020, the Parks Master Plan was identified as the next element in the 2035 Comprehensive Plan to undergo review for an update. Initial plan development and staff/ committee research was initated in September 2019. The Southlake Parks Board has held multiple meetings throughout FY 2020 to assess Southlake parks and evealuate which updates will be included in this Master Plan document. Development of the Parks Master Plan will be completed in FY 2021.

U P CO M I N G 2035 CO M P R E H E N S I V E P L A N E L E M E N T S

*Economic Development Addendum

* Adopted February 2021

Community Facilities

Water, Waste Water, and Stormwater

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P L A N N I N G A N D D E V E LO P M E N T S E R V I C E S O V E R V I E W The Planning and Develompent Services Department is made up of three divisions overseen by the Senior Director of Planning and Development Services. These divisions include planning, building inspections and code enforcement.

Senior Director of Planning & Development Services

Building Operations Manager

Deputy Director Assistant to the Director

Deputy Chief Building Official

Chief Building Official

Planning & Development Services Contact Information Landscape Administrator

Principal Planner (2)

1400 Main Street, Suite 310 Southlake, Texas 76092 P: (817) 748-8621 F: (817) 748-8077 http://bit.ly/359UsIH

Development Engineer

Records Manager

Plans Examiner (3)

Planner (1)

Permit Tech (2)

Mission Statement

Landscape & Zoning Inspector

Code Enforcement Officer (2)

Building Inspector (2)

“Providing the community with exceptional guidance and quality service that creates a lasting impression”

Vision Statement

“Together we are Southlake, imagining possibilities to inspire the future”

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P L A N N I N G A N D D E V E LO P M E N T S E R V I C E S O V E R V I E W ADMIN

DR

ADMINISTRATIVE SUPPORT

The administrative support side of Planning and Development Services assists in coordinating the department’s front counter operations (i.e. phone inquiries and visitors), managing the Planning and Zoning Commission meeting agendas and notices, and managing the 2035 Corridor Planning Committee meeting agendas and reports.

DEVELOPMENT REVIEW

The Planning and Development Services Department conducts development reviews to ensure all development proposals are in compliance with Southlake’s Zoning Ordinance, Subdivision Ordinance, and other development related ordinances before beginning the development process. In addition, city staff may facilitate meetings between potential applicants and representatives from other city departments to review potential development proposals.

DEVELOPMENT SERVICES

DS

The Planning and Development Services Department provides development services to citizens and customers alike. City staff assists with citizen and customer inquiries regarding development cases, zoning regulations, and application procedures and also provides administrative support to the Planning and Zoning Commission and City Council.

COMPREHENSIVE PLANNING

CP

The Planning and Development Services Department engages in comprehensive planning by creating and implementing the Southlake 2035 comprehensive plans, which are utilized to guide the future growth and development of Southlake. As part of the comprehensive planning process, city staff collaborates with other city departments to formulate Master Plan documents, such as the Land Use Plan, Public Arts Master Plan, Parks and Recreations Master Plan, Mobility Master Plan, and more.

BUILDING INSPECTIONS

BI

The City of Southlake’s Building Inspections division is housed in the Planning and Development Services Department. This division oversees the building phase of development, reviews building plans, processes and issues building permits, and performs building and structural inspections to ensure building code compliance is met.

CE

The City of Southlake’s Code Enforcement division is housed in the Planning and Development Services Department. This division investigates, tracks, and coordinates zoning and code cases in the city, works with property owners to achieve compliance with city ordinances, and responds to and addresses all code enforcement issues and complaints (i.e. high grass, illegal signs, illegal dumping, drainage, etc.)

CODE ENFORCEMENT

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B O A R D S A N D CO M M I S S I O N S

Planning and Zoning Commission

2035 Corridor Planning Committee

The Planning and Zoning Commission is comprised of seven Southlake citizens who serve as an advisory board to City Council in regards to land use and zoning. The commission makes recommendations to City Council on matters concerning zoning and site plans, updates or amendments to the city’s Master Plan documents, public improvements, civic improvements, street changes, routing of public utilities, and strategic planning. The Planning and Zoning Commission typically meets on the first and third Thursday of each month at 6:30 p.m. in Southlake Town Hall.

The 2035 Corridor Planning Committee meets on an ad hoc basis to give initial feedback to applicants on potential development cases to ensure the proposal is consistent with current zoning and future land use development as stated in the City’s 2035 Comprehensive Plan.

Planning and Zoning Commission Members

2020 STATS

2035 Corridor Planning Committee Members

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John Huffman, City Councilman

Daniel Kubiak, Chairman - Appointed 2013 Michael Forman, Vice Chairman - Appointed 2020 Michael Springer - Appointed 2003 Gina Phalen - Appointed 2018 Craig Rothmeier - Appointed 2016 Scott Dyche - Appointed 2019

MEETINGS HELD

Amy Torres-Lepp - Appointed 2019 (Former Member) Austin Reynolds - Appointed 2020

Chad Patton, City Councilman

4

Daniel Kubiak, Planning & Zoning Chairman Michael Springer, Planning & Zoning Member Scott Dyche, Planning & Zoning Member (Former Member)

MEETINGS HELD

Michael Forman, Planning & Zoning Member

60 AGENDA ITEMS

16

Shawn McCaskill, City Councilman

2020 STATS

Austin Reynolds, Zoning Board of Adjustment Member Frances Scharli, Parks Board Member

18 AGENDA ITEMS 17


B O A R D S & CO M M I S S I O N S Zoning Board of Adjustment The Zoning Board of Adjustment is comprised of five Sregular members and four alternate members who serve as an appeal body for individuals seeking variances or special exemptions to the zoning ordinance or to a decision made by an administrative offical enforcing the ordinance. The Zoning Board of Adjustment typically meets on the second and fourth Thursday of each month at 6:30 p.m. in Southlake Town Hall.

Zoning Board of Adjustment Members

AWA R D S A N D R E CO G N I T I O N Awards

Recognition

• Town Square designated as a Great Public Place by the American Planning Association Texas Chapter (2020) • American Planning Association Texas Chapter Planning Excellence Award (16th consecutive year) • Tree City USA Community (23rd consecutive year • 2017 Platinum Scenic City Certification

• Building Safety Month (May) • National Community Planning Month (October) • Arbor Day Celebration (November)

2020 STATS

Jeff Medici, Chairman - Place 5 David Treichler, Vice Chairman - Place 2 Michael Quinones - Place 1

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Trey Verbick - Place 3 Heather King - Place 4

MEETINGS HELD

Britton Wells - Alternate No. 1 Robert Kemins - Alternate No. 2 Clinton Snead - Alternate No. 3 Alexander Sexton - Alternate No. 4

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The City of Southlake is honored to receive designation as a Great Place in Texas by the American Planning Association Texas Chapter! In March 2020, Southlake Town Square was recognized as a Great Public Space for 2020. This award emphasizes how planning is essential to creating spaces that deliver memorable experiences for residents, tourists, customers, and businesses alike. Southlake Town Square is a mixed-use downtown area that includes parks and open space, retail and office buildings, and residential buildings designed to influence commerce, social interactions, and community events such as Art in the Square, Stars & Stripes, Diwali Fest, Oktoberfest, CISD Homecoming Parade, and Home for the Holidays. Proudly, “Southlake Town Square promotes a public place that brings together all different segments of the community and generates a premium for retailers, restaurants, offices and residential living in the town center.” - APA, Texas Chapter

AGENDA ITEMS 18

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CO V I D - 1 9 & E - S E R V I C E S

The pie chart below illustrates the distribution of land uses by category in Southlake. The data displayed in the chart and table were obtained in December 2020

Amid the tumultuous and rather uncertain times created by the COVID-19 pandemic in 2020, the City of Southlake endeavors to continue promoting social distancing and safe service delivery techniques. For these reasons, the City developed a web page dedicated to providing E-services which allows residents and customers to conduct business fully online and without in-person interaction!

5%

6% 4% 3%

Corps of Engineers Property 100-Year Flood Plain Industrial

9%

Low Density Residential Medium Density Residential Mixed Use Office Commercial Public Parks/Open Space 34%

Public/Semi-Public

Regional Retail Retail Commercial Town Center

29%

SOCIAL MEDIA SPOTLIGHT

20

1%

2%

Other E-services available include information on Champions Club memberships, library services, municipal court payments, police related information and material, public information requests, trash and recycling issues, water payments, and many more.

Help Southlake By Providing Your Opinions on Development Projects

2% 1%

4%

The Planning and Development Services Department is “business as usual” as we continue to provide residents and businesses access to service delivery in a safe manner. Applications for all building permits and plan submittals, scheduling of building inspections, and payment of fees are all located online. Likewise, contractors and developers can submit planning applications virtually.

Planning Balances Safety and Simplicity with Virtual Inspections

LAND USE IN SOUTHLAKE

What is Code Enforcement?

Land Use Category

Developed (Acres)

Undeveloped (Acres)

Low Density Residential

3,737.64

388.5

Medium Density Residential

3,335.74

231.16

Public/Semi-Public

636.73

12.88

Mixed Use

638.80

405.78

Industrial

322.25

67.98

Town Center

153.68

19.75

Office Commercial

233.35

64.14

Retail Commercial

216.38

11.15

Regional Commercial

114.97

1.14


M A J O R D E V E LO P M E N T P R O J E C T S CONSTRUCTION HIGHLIGHTS 1. Nolen Professional Offices Phase II S. Nolen Dr.

Nolen Professional Offices Phase II will include four general/ medical office buildings totaling 27,000 square feet.

2. Kimball Heights 495 S. Kimball Ave.

5. Highland Corner Office Park E. Highland St. and N. Kimball Ave.

COMPLETED PROJECTS

Highland Corner Office Park will include seven general/medical offices totaling 45,000 square feet.

6. Florence Elementary School 3095 Johnson Rd.

The new Florence Elementary School will include approximately 92,850 square foot in a two-story building.

Kimball Heights will include six general/medical office buildings totaling 35,000 square feet.

1. Parkview Residences Central Ave. within Town Square

3. Southlake Commons SW Intersection of W. Southlake Blvd. and S. White Chapel Rd.

Southlake Commons will include seven medical/general office buildings totaling 65,000 square feet. This development will also include a public art feature to commemorate its histroy as the Donkey Property.

Parkview Residences includes 36 luxury condominiums with amenities such as a club room, rooftop deck, owner’s lounge, fitness facility, conference room and courtyard.

7. Carroll Senior High School Music Center W. Southlake Blvd. and S. Peytonville Ave.

Carroll Senior High School Music Center will include an approximately 60,000 square foot music building addition and other site improvements such as a driveway reconfiguration and additional parking spaces and canopies.

8. Crescent Heights Subdivision W. Southlake Blvd. and Shady Oaks Dr.

Crescent Heights will include 57 residential lots and open-space features on approximately 58 acres.

4. Westin Hotel E. State Highway 114 and Grace Ln.

The Westin Hotel will be approximately 216,000 square feet at six stories tall and include 261 rooms, a parking garage and assorted amenities.

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9. Stony Brook Subdivision W. Southlake Blvd. and Brock Dr.

Stony Brook will include 47 residential lots and open-space features on approximately 35 acres.

2. Varispace NE Intersection of W. State Highway 114 and W. Kirkwood Blvd.

Varispace purchased the 380,000 square foot office building for multi-tenant office occupancy.

3. Pinnacle Point Phase II 455 S. Kimball Ave.

Pinnacle Point Phase II includes three general office buildings totaling approximately 118,000 square feet.

4. Delta Hotel E. State Highway 114 and N. White Chapel Blvd.

The Delta Hotel is approximately 165,475 square feet at six stories tall and includes 240 rooms and assorted amenities.

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N E W R E S I D E N T I A L CO N S T R U C T I O N A C T I V I T Y FY 2020

79

New Residential Square Footage Permitted (2016 - 2019)

$91.3M

564,900

2019

531,651

823,779

2018

New Residential Building Permits Issued

New Residential Square Footage Permitted

New Residential Construction Permit Value

981,476

2017

1,286,879

2016

New Residential Construction Permit Value (2016 - 2019)

New Residential Permit Fees Collected (2016 - 2020)

$155,805,084

$859,908

$129,587,892 $113,266,105

$632,342

$84,901,336

2016

2017

2018

$544,888

$333,799

2019

2020

2019 2016

24

$328,725

2017

2018

25


N E W CO M M E R C I A L CO N S T R U C T I O N A C T I V I T Y FY 2020

20

New Commercial Square Footage Permitted (2016 - 2019)

$35.9M

249,274

2018

New Commercial Building Permits Issued

New Commercial Square Footage Permitted

New Commercial Construction Permit Value

766,803

2019

2017

358,899

376,682

1,763,654

2016

New Commercial Construction Permit Value (2016 - 2019)

New Commercial Permit Fees Collected (2016 - 2020)

$178,247,281

$1,657,681

$134,686,569

$1,325,405

$903,748 $766,641

$32,503,544

2016

2017

$37,518,535

2018

$25,062

2019 2016

26

2017

2018

2019

2020

27


VA LUAT I O N Total Residential & Non-Residential Valuation

Valuation Added $303,073,394

$291,969,208 $240,750,391

$245,956,034

Total Non-Residential Valuation $2,554,740,236

$208,440,053 $186,197,131 $123,457,784 $91,015,702 $50,121,222

$32,564,728 2016

2017

2018 Residential Valuation

2019

2020

Commercial Valuation

This chart illustrates the trends in residential and commercial valuation added since FY 2015. Valuation added is the value of improvements added during an appraisal year, which includes new and existing homes and buildings. Permit values represent a total value of all construction work, including materials and labor for which the permit is issued. Between FY 2019 and FY 2020, the City of Southlake saw a 23% increase in residential value and approximately 73% decrease in commercial valuation added.

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Total Residential Valuation $5,782,369,088

The information in the chart above represents the total residential and non-residential valuation in FY 2020. In this instance, valuation is defined as the total value of property. Residential valuation encompasses all residential units built in the city, while non-residential valuation includes offices, hospitals, and other commercial entities. The information in the table below displays the changes in total residential and nonresidential valuation from FY 2016 to FY 2019.

Total Residential & Non-Residential Valuation for Previous Fiscal Years Fiscal Year

Residential

Non-Residential

2016

$4,346,895,088

$1,790,894,643

2017

$4,806,638,236

$1,956,406,808

2018

$5,052,317,202

$2,129,893,393

2019

$5,399,160,609

$2,373,151,095 29


VA LUAT I O N

2016

2017 Assessed Value

The chart displayed provides a comparison of property values since FY 2016. The taxable value shown is net of the incremental taxable value assigned to the Tax Increment Reinvestment Zone (TIRZ) #1. For FY 2020, TIRZ #1 taxable value was $554,555,120.

$7,772,311,704

$9,617,806,809

$7,182,210,595

$8,854,597,274

$6,763,045,044

$8,105,790,701

$6,137,789,731

$7,177,609,624

Total Assessed Value & Taxable Value Comparison

The difference between assessed value and taxable value is primarily due to exemptions, such as homestead, disabled, over-65 exemption and over-65 tax freeze.

$10.3B

Total Assessed Value FY 2020 2018 Taxable Value

2019

$8.3B

Total Taxable Value FY 2020

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31


REVENUE Total Sales Tax Collected in FY 2020

General Fund for FY 2020

CCPD $1,921,480

Franchise Tax $2,693,867

SPDC $7,908,601 General Fund $15,524,291

Property Tax $25,184,182

Sales Tax $15,524,291

CEDC $5,858,223 Sales tax is made up of 4 sources: The Crime Control and Prevention District (CCPD), Southlake Parks and Development Corporation (SPDC), Community Enhancement Development Corporation (CEDC), and the General Fund. The CCPD 1/8% tax ensures that funds are spent on programs and capital purchases that will reduce crime, increase public safety and maintain a high quality of life in Southlake. SPDC administers an additional 1/2% sales tax and applies it towards construction and operation of parks. The 3/8% CEDC-Type A sales tax is spent on the construction and operation of The Marq Southlake facility, as well as pursuing the recommendations of the Economic Development Master Plan in accordance with state law. The General Fund is represented by 1% of every dollar spent within City limits.

The largest General Fund revenue source for the city of Southlake is Ad Valorem, or Proprty Tax. The second largest General Fund revenue source is the Municipal Sales Tax. Another major revenue source for the city is Franchise Fees, which represent revenue from private utility companies operating in Southlake. One percent of every dollar spent within the city goes towards the General Fund, which accounts for core city functions such as police, fire, engineering, planning, finance, and administrative operations.

Total Sales Tax Collected for Previous Fiscal Years

32

General Fund for Previous Fiscal Years

Fiscal Year

CCPD

SPDC

CEDC

General Fund

Fiscal Year

Property Tax

Sales Tax

Franchise Tax

2016

$1,803,605

$7,318,490

$5,421,104

$14,365,925

2016

$21,151,970

$14,365,925

$2,955,114

2017

$1,879,292

$7,578,446

$5,613,664

$14,876,208

2017

$22,911,874

$14,876,208

$2,907,538

2018

$1,923,567

$7,705,009

$5,707,414

$15,124,646

2018

$24,258,306

$15,124,646

$2,972,143

2019

$1,898389

$7,741,005

$5,734,078

$15,195,306

2019

$25,980,163

$15,195,306

$3,114,117 33


REVENUE

Hotel Occupancy Tax Collected in FY 2020

$1,357,106

$1.77M

$34,747 $25,062

$742,620

Sign Permit Fees Collected in FY 2020

$1,366,208

Total Fees from Building Permits in FY 2020

$36,322

$2,519,861 $2,295,292

$1,164,922 $1,024,061

$34,747

$1,794,898

$1,745,100

2018

2019

$33,576

$32,928

2016

2017

2018

2019

The Hotel Occupancy Tax (HOT) is authorized under the Texas Tax Code, Chapter 351. The city of Southlake levies a 7% tax on room receipts per Ordinance No. 769 (adopted February 2000). Tax on rooms from the Hitlon in Town Square and the Cambria Southlake provide revenue in this category.

2016

2017

2018

2019

The regulation of signage within the city is handled internally. Each permit has a specific permit fee associated with it. The chart above highlights the revenue generated from processing sign permits.

2016

2017

The Planning and Development Services Department processes many different types of permits. The chart above includes fees collected from new construction permits, sign permits, accessory buildings, pools, commercial re-models, re-occupancy, mechanical/ electrical/plumbing (MEP) permits, re-roof, and more.

Use of these funds is restricted and planned expenses must be authorized uses under the Texas Tax Code, Chapter 351.

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APPENDIX New Residential Permits (2016-2020)

Q1 Q2 Q3 Q4 Total

2016 Permits Value 59 $44,167,317 58 $46,554,233 43 $27,249,168 63 $37,834366 223 $155,805,084

2017 Permits Value 36 $27,339,385 25 $19,975,997 59 $49,472,551 41 $33,466,859 161 $130,254,792

2018 Permits Value 33 $26,094,228 30 $24,069,011 31 $34,076,243, 33 $29,026,623 127 $113,266,105

2019 Permits Value 23 $20,555,845 28 $28,794,155 19 $17,096,289 15 $18,455,047 85 $84,901,336

2020 Permits Value 22 $25,111,112 16 $16,731,196 24 $27,814,880 17 $21,731,696 79 $91,388,884

New Commercial Permits (2016-2020)

Q1 Q2 Q3 Q4 Total

2016 Permits Value 7 $16,120,000 3 $27,410,382 8 $19,338,899 12 $115,378,000 30 $178,247,281

2017 Permits Value 6 $9,097,158 8 $19,934,036 5 $1,842,350 2 $1,630,000 21 $32,503,544

2018 Permits Value 10 $4,385,642 5 $23,525,181 1 $3,000,000 7 $6,607,713 23 $37,518,536

2019 Permits Value 6 $3,254,608 3 $1,965,456 3 $38,725,655 13 $90,740,850 25 $134,686,569

2020 Permits Value 5 $2,909,317 7 $9,213,503 3 $15,093,547 5 $8,730,000 20 $35,946,367

Sign Permits (2016-2020)

Q1 Q2 Q3 Q4 Total Permits Total Fees Collected

36

2016 Permits 109 87 77 69 342 $36,322

2017 Permits 69 95 63 79 306 $33,576

2018 Permits 99 66 88 88 341 $32,928

2019 Permits 61 64 89 74 288 $34,747

2020 Permits 63 66 53 76 258 $25,062

37


SOUTHLAKE SUBDIVISIONS The map below identifies the major subdivisions within the City of Southlake. For the purpose of this map, only residential subdivisions are reflected, not commercial subdivisions. Major residential subdivisions within this map refer to any parcel of land that has been reconfigured or subdivided into multiple, smaller, and generally symmetrical parcels of land specifically for the purpose of constructing single-family housing. There are individual tracts of land, some platted, others unplatted, that are not highlighted on this map. The subdivisions listed below were planned and subdivided as a unit. There are currently 161 subdivisions that fit the definition of major residential subdivision within Southlake. The corresponding table on the following three pages highlights the subdivisions identified on the map below, and provides additional information regarding the total lots within each residential subdivision, as well as lot size data.

59

97

50

78

18 9

126 43

105

158

37 61

26

49

105 110 111 128 44 92 140

96

12

150 89

148

42

138

70

119 93 120

15 143 106142 102

83

112

146

109 109

159 20

98 107

95

131

68

86 1

67

141 137

69 155 117

81 108

66 34

134

129

160

76 72 145 71

134

161 104 124

27 134

53 54 65 6 6

103 88

114 U

125

156

127

4

114

63

134

32 100 84 46 30

58

153

134

38

38

47

77

122 57121

67

139

40116 147

24

154 19

10

14 123

74

135

16

29 130

152

23

118

157

13

39

36

28 31

33 91

101

113

48 73

8

2 90

136 17 144

79

62

87

115

3

21

22

51

75

41

7

52

94 132

11

114 U

80 5 56 35 60

151

82 133

25 99 85 149

55

45

64

Ref #

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47

Subdivision Name

ADAMS ADDITION AUTUMN CREEK BRENTWOOD ADDITION BRIARWOOD ESTATES BRITTANY PLACE CAMBRIDGE PLACE & CAMBRIDGE PLACE EAST CAMDEN PARK CARILLON CARMEL BAY CARROLL MEADOWS CEDAR CREEK PLANTATIONS CEDAR OAKS ESTATES CHAPEL DOWNS CHELSEA PARK CHESAPEAKE PLACE CHIMNEY HILL CIMARRON ACRES CLARIDEN RANCH CONTINENTAL PARK ESTATES COUNTRY WALK COVENTRY MANOR CRESCENT HEIGHTS CROSS TIMBER HILLS DIAMOND CIRCLE ESTATES DOVE ACRES DOVE ESTATES EAST HAVEN ADDITION EDWARDS PARK EMERALD ESTATES ESTANCIA ESTES PARK EVERGREEN ESTATES FOX HOLLOW FOXBOROUGH GARDEN ADDITION GINGER CREEK ESTATES HARBOR OAKS HEATHERWOOD ESTATES HIGH POINT HIGHLAND ESTATES HIGHLAND OAKS HILLSIDE ESTATES HILLTOP ADDITION HILLWOOD ESTATES HUDSON BAY ESTATES HUGHES ADDITION HUNTERS RIDGE

Total Lots 7 7 9 22 10 153 14 404 9 10 15 39 106 16 83 81 22 112 69 55 100 58 197 66 31 109 21 2 49 13 178 13 18 64 15 14 49 16 22 17 27 15 15 15 6 2 19

Lot Size (Sq Ft.) Smallest Average Largest 42,929 49,033 79,871 41,312 47,840 64,147 28,434 34,125 41,488 21,786 42,114 58,613 42,753 48,263 54,289 17,667 22,483 59,584 16,044 18,577 24,320 5,172 12,138 34,350 42,969 46,535 48,639 43,301 47,577 68,777 42,586 51,684 68,968 42,589 73,925 258,315 18,919 22,395 42,086 12,894 15,782 20,759 14,346 18,677 29,003 19,219 23,532 37,585 42,404 52,239 77,070 39,310 45,607 89,677 15,783 47,617 224,755 19,661 25,129 62,648 20,667 33,247 81,569 21,812 29,328 65,327 39,620 50,311 177,641 31,153 45,598 89,475 41,103 45,727 75,090 7,276 11,284 17,151 6,914 17,361 128,722 35,903 40,177 44,451 35,913 46,160 72,616 11,475 13,581 19,202 14,653 20,888 91,264 19,862 22,023 31,147 19,295 27,626 47,762 19,529 25,621 71,042 41,910 46,712 58,137 44,042 56,186 118,741 60,722 116,437 443,268 38,993 51,401 69,577 21,100 31,098 140,254 39,247 43,854 48,637 14,973 17,664 43,609 43,397 48,927 62,229 40,084 59,428 112,179 42,494 46,379 59,988 85,343 115,231 192,564 43,035 68,597 94,159 40,388 44,316 48,700 39


48 HUNTWICK ESTATES 49 HUSE HOMEPLACE 50 INDIAN CREEK ESTATES 51 JELLICO ESTATES 52 JOHNSON PLACE ESTATES 53 KIMBALL CIRCLE ESTATES 54 KIMBALL HILLS 55 KIRKWOOD HOLLOW 56 LA MIRADA 57 LAKE CREST ADDITION 58 LAKEWOOD ACRES 59 LAKEWOOD RIDGE ADDITION 60 LAURELWOOD PARK 61 LOCH MEADOWS ESTATES 62 LONESOME DOVE ESTATES 63 MATTHEWS COURT 64 MEADOW OAKS 65 MIRACLE POINTE 66 MISSION HILL ESTATES 67 MONTICELLO 68 MONTICELLO ESTATES 69 MOSS FARMS 70 MYERS MEADOW 71 NAPA VALLEY ADDITION 72 NAPA VALLEY ESTATES 73 OAK BEND ESTATES 74 OAK HILL ESTATES 75 OAK POINTE 76 OAK TREE ESTATES 77 OAKS ADDITION 78 OAKWOOD ESTATES 79 OAKWOOD POND 80 OLD ORCHARD COUNTRY ESTATES 81 OXFORD PLACE 82 PALOMAR ESTATES 83 PARK PLACE ADDITION 84 PATTERSONS POND 85 PHEASANT RIDGE ADDITION 86 PRINCETON PARK 87 QUAIL CREEK ESTATES 88 RAINFOREST ADDITION 89 RANDOL MILL ESTATES 90 RAVEN BEND 91 RAVENAUX PLACE 92 REGAL OAKS ADDITION 93 RIDGEVIEW AT SOUTHLAKE 94 RIDGEWOOD 95 ROYAL OAKS ADDITION 96 SADDLECREEK ESTATES 40

16 6 18 34 54 5 19 150 6 51 39 38 27 24 150 8 11 13 62 102 117 13 268 14 34 11 75 28 123 8 23 4 15 11 33 39 14 9 73 50 10 22 13 20 20 31 59 15 4

33,591 87,861 39,602 41,779 17,075 29,069 20,017 15,484 42,767 19,591 42,021 45,500 37,455 43,137 12,179 19,645 90,707 19,058 37,842 19,688 14,832 42,738 12,911 19,003 17,417 20,592 18,553 19,274 19,725 12,494 43,141 49,464 65,295 43,694 20,299 19,722 20,227 40,774 19,376 41,331 44,361 41,639 38,642 41,358 39,828 9,341 19,543 39,017 89,651

64,964 120,032 47,087 83,870 20,161 36,993 22,772 23,464 65,553 22,812 62,866 88,367 46,194 50,190 17,185 21,223 136,970 23,227 49,486 26,157 18,783 44,178 15,548 20,183 21,745 21,795 20,922 25,104 22,088 15,463 51,465 60,279 228,654 44,288 27,021 22,527 33,829 44,880 21,692 65,609 58,659 49,681 44,883 49,764 47,389 12,294 22,260 47,476 110,589

83,268 172,739 86,783 305,525 27,711 54,813 60,364 63,521 128,239 36,860 183,582 242,160 125,477 84,313 63,077 22,465 178,016 39,609 109,493 84,905 30,065 46,805 31,776 21,519 32,541 23,479 31,552 35,378 34,540 18,916 66,193 71,354 435,325 48,105 56,350 30,999 58,075 47,203 36,168 170,683 98,568 59,707 52,411 102,435 108,356 17,725 30,611 53,900 135,178

97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145

SADDLEBACK RIDGE ESTATES SANDLIN MANOR SHADOW CREEK ADDITION SHADY LANE SHADY OAKS SIENA SIMMONS ADDITION SOUTH HOLLOW SOUTH LAKE PARK SOUTH VILLAGE AT WATERMERE SOUTHLAKE ESTATES SOUTHLAKE GLEN SOUTHLAKE HILLS & SOUTHLAKE HILLS EAST SOUTHLAKE MANORS SOUTHLAKE MEADOWS SOUTHLAKE WOODS SOUTHRIDGE LAKES SOUTHVIEW SPRING OAKS ADDITION ST. EMILION ADDITION STANHOPE ADDITION STONE LAKES STONEBURY STONY BROOK STRATFORT GARDENS STRATFORT PARC SUMMERPLACE ADDITION TEALWOOD ADDITION THE BROWNSTONES THE CLIFFS AT CLARIDEN RANCH THE DOMINION THE ENCLAVE THE LAKES OF LA PALOMA THE LAKES ON DOVE THE RESERVE OF SOUTHLAKE THE TRAILHEAD ADDITION THE WOODS TIMARRON * TIMBER LAKE TIMBERLINE ESTATES TORIAN PLACE TRAIL CREEK ADDITION TRIPLE C RANCH TUSCAN RIDGE TWIN CREEKS ADDITION UNION CHURCH ESTATES VERANDAS AT SOUTHLAKE VERMILION VERSAILLES

32 21 11 15 149 43 14 56 46 33 10 39 80 9 96 129 384 76 1 14 13 335 32 46 14 23 42 15 76 55 55 13 14 7 24 27 8 1396 303 15 12 22 58 57 20 3 38 14 148

41,559 19,995 42,296 42,396 14,738 19,819 43,342 19,512 10,075 7,412 78,379 9,937 18,972 19,231 15,879 18,220 16,505 17,778 269,001 41,128 41,946 12,279 16,536 15,579 20,166 19,924 9,605 9,783 1,922 19,372 19,235 42,118 21,217 45,540 41,165 19,581 67,747 5,734 12,513 15,052 23,328 44,103 41,651 7,769 37,802 48,900 9,828 42,897 14,203

45,519 25,964 44,481 53,366 20,747 22,798 58,148 22,859 34,831 10,209 83,730 12,032 22,029 27,494 23,755 27,734 23,103 22,556 269,001 48,143 46,934 19,571 22,918 20,133 23,465 23,016 12,945 10,166 3,361 26,308 23,417 45,398 27,150 55,402 48,894 21,495 90,154 16,061 16,559 64,301 27,881 63,021 44,389 8,776 48,177 67,937 11,513 43,972 18,928

61,144 57,561 46,638 128,521 33,117 33,701 159,418 35,237 100,400 17,734 86,228 21,565 31,416 29,710 41,751 58,913 68,989 31,624 269,001 107,749 86,033 609,297 31,879 34,723 27,600 39,575 24,494 14,329 7,063 66,385 34,689 58,058 59,731 64,500 92,922 29,847 121,565 68,355 28,580 150,714 35,294 93,849 55,506 15,585 60,839 103,439 19,227 45,124 34,762 41


146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161

VILLAS AT HIDDEN KNOLL VILLAS DEL SOL VISTA TRAILS WAKEFIELD ADDITION WESTWYCK COURT ADDITION WESTWYCK HILLS WHISPERING DELL ESTATES WHITE CHAPEL PLACE ADDITION WILMINGTON PARK WIMBLEDON ESTATES WINDING CREEK WINFIELD ESTATES WINGATE HILL WOODBURY ADDITION WOODLAND HEIGHTS WORTHING ADDITION

38 9 70 7 3 41 38 12 19 17 74 12 24 9 32 9

10,190 41,837 19,695 43,466 42,921 23,002 42,072 8,073 18,991 38,719 14,912 18,971 42,848 20,979 38,262 18,980

12,203 44,693 22,703 44,356 46,272 37,010 57,543 84,629 20,633 45,763 16,730 21,812 46,997 22,879 66,933 27,423

* The Timarron development is composed of multiple subdivisions, all under the general heading of 'Timarron'. Sample names are Timarron-Brenwyck, Timarron-Wyndsor Grove, Timarron-Northwood Park, and many others.

17,321 46,721 27,764 45,643 48,442 107,232 105,247 256,089 29,030 53,025 25,871 25,670 93,362 25,778 158,503 35,823

CO N TA C T U S If you have any questions regarding material included in this report, or would like to know more about the Planning and Development Services department, please feel free to contact us using one of the methods below:

Phone

Web

Visit

(817) 748-8621

http://bit. ly/359UsIH

1400 Main Street Suite 310 Southlake, TX 76092

Visit our

Development Activity News Blog and Story Map Feature to stay up-to-date on the latest development items at our City Council & Planning and Zoning Commission meetings!

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Subscribe to the blog using this link!

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