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South Central Waterfront Advisory Board – May 18, 2020

Item 3.a.: Packet 3 - 2020 SCW Buildout Scenarios for Financial Analysis — original pdf

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Notice for Packet 3: This Draft 2 (May 18, 2020) document is believed to be nearly complete and accurate except for needed corrections for inputs regarding at least one of the “tipping parcels.” These corrections are being addressed but the corrections are not available at the issuing of Draft 2. However, these corrections are likely to affect the overall district buildout projections in this draft by less than 2%. A Final Draft version will be issued, ready for adoption. 2020 Buildout Scenarios for Financial Analysis (draft 2: May 18, 2020) Within the physical framework of blocks and green infrastructure, the SCW Plan modeled potential building developments on properties in the district. This exercise involved creating site-specific building designs (i.e. schematic building footprints, sections, and heights) on specific properties. This exercise was completed for “tipping parcels” – that is, parcels that were envisaged for redevelopment for the financial analysis. When this original work was done in 2015-16, tipping parcels were determined by (1) evaluating likelihood of redeveloping within the next twenty years, based on land value to building value; (2) age of current development; and (3) owner’s willingness in having their property evaluated. In the 2016 and the 2020 Update Buildout scenarios, ten properties 1 were designated as “tipping properties,” collectively representing about half of the gross acreage of all private properties in the SCW district. For tipping parcels, a future potential development proposal was modeled with a site -specific building footprint, with an assumed potential building height, massing and program of uses (i.e., square feet of Office, Retail, Residential, Hotel), as well as a calculation to assign a parking requirement. Site-specific schematic designs included accommodating the parking demand, schematically designed in a combination of podium and below grade structures. The Buildout Scenarios are a key input into developing site-specific proforma analysis to test the financial feasibility of potential developments. Three Buildout Scenarios have been modeled:  2020 Update: SCW Plan Buildout: This is identical to the 2016 Buildout except that the 2016 Buildout factored in two future buildings that are entitled under existing Planned Unit Development (PUD) agreements. In the 2016 analysis, the buildout scenarios for parcels were incorporated into a proforma spreadsheet analysis to test the financial feasibility of a development on a property. In this new deliverable, the 2020 Update takes the 2016 buildout information only, minus the PUD properties, and consolidated it into a simpler table. The 2020 table identifies the property (or combination of properties) and charts the potential building program in terms of its height and the square feet of uses contained in the building program. A corresponding 2020 map keys in properties to the table and illustrates building footprints on the properties with height labels. Discounting the two PUDs, the 2016 and the 2020 Update Buildouts each assumes a potential combined buildout across the tipping parcels of approximately 5.8M SF. 1 The ten tipping properties does not include two existing Planned Unit Development (PUD) agreements. The 2016 Buildout Scenario included these two PUDs which represent a combined potential future development of 543,000 SF. The 2020 Update does not currently include these two PUDs as part of the Buildout Scenario. Draft 2_May 18, 2020 DRAFT     2020 Endeavor2 Buildout: This table is identical to the 2020 Update SCW Plan Buildout except for two properties – colloquially known as the Statesman site and the adjacent Crockett property. For this buildout table, the current 305 S. Congress PUD proposal (aka: Endeavor Buildout) is used for the building footprints, heights, mix of uses, square footage of uses, and underground parking scheme for the Statesman site. Since the physical framework of streets and open spaces have been modified on the adjacent Crockett property (see Modified Physical Framework) to accommodate the Statesman site, the new block structure and resulting building footprints have shifted slightly as well, requiring a modified buildout scenario for the Crockett property. Compared to the 2016 Buildout and the 2020 Update, the building footprints and program for the Crockett site have morphed to fit the new physical framework; however, the overall building heights at the Crockett site respect the limits of the 2016 Plan. A corresponding 2020 Endeavor map keys in the building footprints and properties to this buildout table. 2020 Hybrid Buildout: This table is identical to the Endeavor Buildout except that the building heights for the Statesman site have been reduced to correspond to height limits as established in the 2016 SCW Plan. The same percentage of underground parking, approximately 90%, and the same ratios of building uses are used in the Hybrid Buildout as in the Endeavor Buildout. However, as the overall building heights have been reduced in the Hybrid Buildout, the total square footage of uses has also been reduced. Significance: These Buildouts are key inputs into creating the Financial Framework proforma modeling that is now in progress. Buildout projections are used to calculate potential development fees that might be ex pected from future development. 2 “Endeavor Buildout” refers to the current (as of spring 2020) PUD proposal for 305 S. Congress. The Endeavor site and the Statesman site should be considered interchangeable for the purpose of this document. Draft 2_May 18, 2020 DRAFTDRAFT ! ! "#"#!$%&'()&! *+,!-$./&0$(!102! 1.3'3+.'/!'3'/4*.*! ! ! ! Draft 2_May 18, 2020 DRAFT Lady Bird Lake Waller Creek Auditorium Shores S F 1 et e st Str S 1 P R 1 - 1 P 2 R 0 1 - 3 0 ’ P R 2 P R 4 P R 3 P R 2 0 5 + 0 ’ 6 - 1 W R 1 P R 7 P R 1 - 2 P R 8 P R 9 O S - 4 C A 1 e u n e v s A s e r g n o C S F 2 P R 1 9 1 0 - 1 5 ’ W B 1 P R 1 6 0’ 4 - 1 A D 1 T L 1 P R 1 4 - 1 S F 3 TL2 P R 1 5 P R 1 4 - 2 O S - 5 W B 2 P R 1 1 - 1 P R 1 1 - 2 P R 1 2 3 - 0 1 0 ’ W R iv e HA1 P R 1 6 2 0 - 1 0 ’ P R 1 1 2 - 0 1 0 ’ r si W R d 2 e D r P R 1 8 P R 1 7 AD2 P R 1 2 6 - 0 2 0 ’ 4 0 0 ’ 3 0 0 ’ P R 2 2 - 2 2 0 0 ’ B1 E B 1 E B 2 P R 2 3 - 1 1 8 0 ’ C1 O S - 3 D 2 P R 2 2 2 8 - 1 0 ’ A 1 A 2 P R 2 2 4 2 - 3 0 ’ B2 P R 2 2 - 4 2 4 0 ’ E B 3 O S - 1 A 3 B3 P R 2 2 - 5 9 0 ’ E B 4 C2 P R 2 3 - 2 2 0 0 ’ C A 2 P R 2 1 1 - 0 1 0 ’ P R D 1 2 0 P R 1 9 P R 2 3 - 3 2 4 0 ’ E1 E R i v C A 3 P R 2 1 0 4 - 1 0 ’ P D 3 R 2 3 - 4 e r si 1 d 1 e 0 ’ P R 2 5 D E r R 1 ML2 ML1 P R 3 1 - 2 O S - 2 9 0 ’ Texas School for the Deaf P R 3 0 P R 2 7 P R 2 6 P R 2 8 P R 2 9 P R 3 1 - 1 East Branch of Bouldin Creek P R 3 2 E R 2 P R 3 3 P R 3 4 Blunn Creek P R 3 5 N 0 Feet 200 400 DRAFT 05.18.20 SOUTH CENTRAL WATERFRONT PARCEL OWNERSHIP 2020 This product is for informational purposes and may not have been prepared for or be suitable for legal, engineering, or surveying purposes. It does not represent an on-the-ground survey and represents only the approximate relative location of property boundaries. It has been produced the Planning and Zoning Department for the sole purpose of geographic reference. No warranty is made by the City of Austin regarding specific accuracy or completeness. 2020 UPDATED Buildout Heights 2020 Updated Physical Framework Map PARCELS WITHIN SCW REGULATING PLAN OTHER PARCELS WITHIN SCW BOUNDARY / FUTURE REG PLAN TANTALLON AUSTIN LLC BROADSTONE AT THE LAKE LLC CATHERINE TOWER LLC ENDEAVOR ENDEAVOR ASSOCIATED GENERAL CONTRACTORS BATHAUS LTD CPG 220 SOCO LP PR1 PR2 OGLE CHERYL & THE CRYSTAL OGLE MANAGEMENT TRUST PR3 PR4 PR5 PR6 PR7 PR8 PR9 PR10 MOLLY BELLE PROPERTIES PR11 BARTON SPRINGS CENTER LTD PR12 AUSTIN TRUST COMPANY PR13 CROCKETT PARTNERS LTD PR14 CITY OF AUSTIN PR15 FOR SALE PR16 WORLD CLASS CAPITAL GROUP PR17 SLACK BROTHERS INC PR18 ALICE G KASPAR, TRUSTEE PR19 OFLP 1 LTD PR20 CONGRESS DOT LLC PR21 WESLEY PEARSON JR & JERRY PEARSON PR22 RICHARD T SUTTLE, TRUSTEE PR23 CROCKETT PARTNERS LTD PR24 DJ INTERESTS LTD PR25 AUSTIN CRESCENT APARTMENTS LLC PR26 POSSIBLE NEW OWNER PR27 ANDREW COTTON & JOHN MEDDAUGH PR28 FIFTH & CHICON LTD PR29 RIVERSIDE PROPERTIES LTD PR30 GARWALD COMPANY INC PR31 CWS RIVERSIDE LP PR32 GORDON PLACETTE JR & RICHARD DALE GUTHRIE PR33 CONDOS - MULTIPLE OWNERS PR34 COUNTY LINE PROPERTIES INC PR35 RIVER CRAB LTD DRAFT 2020 UPDATED BUILDOUT FOR FINANCIAL ANALYSIS Name 2016 Plan Property Code Code Parcel Statesman PR-22 Area Office Residential Residential Retail TOTAL GFA (gsf) (gsf) (du) (gsf) (Floors) May 18, 2020 Height 400/200/300 S1 S2 S3 S4 S5 C1 C2 C3 C4 Crockett PR-23 DJ Interests K31-33 PR-24 World Class H16,17,20 PR-16 City of Austin F12 PR-14 Crockett-Threadgill's G14/15 PR-13 Austin Trust D9 PR-12 Molly Belle C6-8 PR-10 Endeavor / Zax B3-5 PR-5 & PR-6 PR-5 & PR-6 SUBTOTAL Pearson J22-23 PR-21 PR-21 SUBTOTAL PR-22-1 PR-22-2 PR-22-3 PR-22-4 PR-22-5 SUBTOTAL PR-23-4 PR-23-3 PR-23-1 PR-23-2 SUBTOTAL PR24-1 SUBTOTAL PR-16-1 & 16-2 SUBTOTAL PR-14-1 SUBTOTAL PR-13-1 SUBTOTAL PR-12-1 SUBTOTAL PR-10-1 SUBTOTAL (ac) 0.73 2.30 1.49 1.49 0.58 6.59 2.00 1.25 1.19 1.08 5.52 1.87 1.87 6.09 6.09 1.71 1.71 1.56 1.56 0.92 0.92 1.35 1.35 1.71 1.71 0.81 0.81 0 0 430 430 102 962 0 362 262 186 810 312 312 430 430 150 150 204 204 0 0 9 9 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 812,900 812,900 325,900 325,900 371,000 371,000 10,000 10,000 347,600 347,600 270,525 270,525 250,000 250,000 153,000 153,000 0 0 0 430,750 430,750 102,000 963,500 367,350 282,225 211,000 860,575 202,348 202,348 387,000 387,000 155,975 155,975 152,000 152,000 13,800 13,800 0 0 0 0 0 0 Draft 2_May 18, 2020 (gsf) 12,000 38,000 25,000 25,000 12,000 112,000 35,000 19,000 14,861 30,000 98,861 14,300 14,300 32,000 32,000 7,000 7,000 10,000 10,000 9,000 9,000 21,045 21,045 10,000 10,000 10,000 10,000 Hotel (gsf) 254,500 254,500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 266,500 850,900 455,750 455,750 114,000 2,142,900 360,900 386,350 297,086 241,000 1,285,336 216,648 216,648 790,000 790,000 172,975 172,975 357,600 357,600 161,000 161,000 305,370 305,370 260,000 260,000 163,000 163,000 24 26 21 21 8 8 21 16 17 15 15 9 14 13 8 (Ft) 280 240 240 90 110 240 180 200 60 200 100 195 200 100 7-9 100 15-18 200 DISTRICT TOTALS 2,540,925 2,735,198 324,206 254,500 5,854,829 DRAFT "#"#!)3&)'502! *+,!-$./&0$(!102! 1.3'3+.'/!'3'/4*.*! ! ! ! ! Draft 2_May 18, 2020 Lady Bird Lake Waller Creek Auditorium Shores S F 1 et e st Str S 1 P R 1 - 1 P 2 R 0 1 - 3 0 ’ P R 2 C - 2 e u n e v P R 4 P R 3 W R 1 2 0 6 - 1 P R 5 + 0 ’ S F 2 P R 1 9 1 0 - 1 5 ’ W B 1 A D 1 T L 1 P R 1 4 - 1 P R 1 2 3 0 - 1 0 ’ HA1 P R 1 6 4 - 3 0 ’ S F 3 TL2 P R 1 5 P R 1 4 - 2 P R 1 6 - 2 2 0 0 ’ O S - 5 P R 1 - 2 P R 8 P R 3 2 6 2 5’ - 1 ( 4 ) s A P-5 s e r g n o C P - 1 P R 2 2 - 4 4 1 (5) 5’ S-4 O S - 1 P - 2 P-7 P R 2 2-1 (2) S-1 525’ P - 3 P R 2 2-2 (1) 295’ S-2 P R 9 O S - 4 C - 1 P-6 C A 2 P R 2 1 0 1 - 1 0 ’ P R 2 0 P R 1 9 P R 2 3 - 1 1 8 0 ’ D 1 C1 P R 2 3 - 3 2 4 0 ’ E1 E R i v P R 2 2-2 (3) 375’ S-3 B S 1 P R 2 P - 4 2-3 (6 150’/215’ & 7) O S - 3 D 2 C2 P R 2 2 3 0 - D 3 0 ’ 2 ML1 P R 7 W B 2 P R 1 1 - 1 P R 1 1 - 2 W R iv e P R 1 1 2 - 0 1 0 ’ r si W R d 2 e D r P R 1 6 - 1 2 0 0 ’ P R 1 8 P R 1 7 AD2 C A 3 P R 2 1 4 0 - 1 0 ’ P R 2 3 - 4 e r si 1 d 1 e 0 ’ P R 2 5 D E r R 1 ML2 P R 3 1 - 2 O S - 2 9 0 ’ P R 3 0 P R 2 7 P R 2 6 P R 2 8 P R 2 9 P R 3 1 - 1 Texas School for the Deaf East Branch of Bouldin Creek P R 3 2 E R 2 P R 3 3 P R 3 4 Blunn Creek P R 3 5 N 0 Feet 200 400 DRAFT 05.18.20 SOUTH CENTRAL WATERFRONT PARCEL OWNERSHIP 2020 This product is for informational purposes and may not have been prepared for or be suitable for legal, engineering, or surveying purposes. It does not represent an on-the-ground survey and represents only the approximate relative location of property boundaries. It has been produced the Planning and Zoning Department for the sole purpose of geographic reference. No warranty is made by the City of Austin regarding specific accuracy or completeness. 2020 ENDEAVOR Buildout Heights 2020 Modified Physical Framework Map PARCELS WITHIN SCW REGULATING PLAN OTHER PARCELS WITHIN SCW BOUNDARY / FUTURE REG PLAN TANTALLON AUSTIN LLC BROADSTONE AT THE LAKE LLC CATHERINE TOWER LLC ENDEAVOR ENDEAVOR ASSOCIATED GENERAL CONTRACTORS BATHAUS LTD CPG 220 SOCO LP PR1 PR2 OGLE CHERYL & THE CRYSTAL OGLE MANAGEMENT TRUST PR3 PR4 PR5 PR6 PR7 PR8 PR9 PR10 MOLLY BELLE PROPERTIES PR11 BARTON SPRINGS CENTER LTD PR12 AUSTIN TRUST COMPANY PR13 CROCKETT PARTNERS LTD PR14 CITY OF AUSTIN PR15 FOR SALE PR16 WORLD CLASS CAPITAL GROUP PR17 SLACK BROTHERS INC PR18 ALICE G KASPAR, TRUSTEE PR19 OFLP 1 LTD PR20 CONGRESS DOT LLC PR21 WESLEY PEARSON JR & JERRY PEARSON PR22 RICHARD T SUTTLE, TRUSTEE PR23 CROCKETT PARTNERS LTD PR24 DJ INTERESTS LTD PR25 AUSTIN CRESCENT APARTMENTS LLC PR26 POSSIBLE NEW OWNER PR27 ANDREW COTTON & JOHN MEDDAUGH PR28 FIFTH & CHICON LTD PR29 RIVERSIDE PROPERTIES LTD PR30 GARWALD COMPANY INC PR31 CWS RIVERSIDE LP PR32 GORDON PLACETTE JR & RICHARD DALE GUTHRIE PR33 CONDOS - MULTIPLE OWNERS PR34 COUNTY LINE PROPERTIES INC PR35 RIVER CRAB LTD DRAFT S1 S2 S3 C1 C2 C3 C4 Crockett PR-23 340,900 SUBTOTAL 8.15 1,495,000 1,645,000 1,378 150,000 220,000 3,510,000 2020 ENDEAVOR BUILDOUT FOR FINANCIAL ANALYSIS Name 2016 Plan Property Code Code Parcel Statesman PR22 PR22-1 Area (ac) 3.88 Office Residential Residential Retail TOTAL GFA May 18, 2020 Height (gsf) (Floors) (Ft) PR22-2 2.86 657,000 PR22-3 1.41 340,900 1,024,825 (gsf) 838,000 838,000 657,000 0 0 0 0 0 0 0 0 0 0 0 0 0 371,000 371,000 10,000 10,000 347,600 347,600 270,525 270,525 250,000 250,000 153,000 153,000 (gsf) 789,000 0 480,000 309,000 400,000 400,000 456,000 456,000 367,350 287,225 370,250 202,348 202,348 387,000 387,000 155,975 155,975 152,000 152,000 13,800 13,800 0 0 0 0 0 0 0 0 (du) 617 0 427 190 356 356 405 405 0 0 362 262 336 960 312 312 430 430 150 150 204 204 0 0 9 9 0 0 0 0 (gsf) 111,800 66,400 21,000 24,400 30,000 14,000 16,000 8,200 8,200 0 20,000 19,000 10,000 30,000 79,000 14,300 14,300 32,000 32,000 7,000 7,000 10,000 10,000 9,000 9,000 21,045 21,045 10,000 10,000 10,000 10,000 Hotel (gsf) 220,000 220,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,958,800 904,400 501,000 553,400 1,087,000 414,000 673,000 464,200 464,200 0 360,900 386,350 297,225 400,250 1,444,725 216,648 216,648 790,000 790,000 172,975 172,975 357,600 357,600 161,000 161,000 305,370 305,370 260,000 260,000 163,000 163,000 37 34 43 27 26 8 21 16 17 15 15 9 14 13 8 BLDG 2 BLDG 4 BLDG 5 BLDG 1 BLDG 3 BLDG 6&7 BLDG 7 PR-23-4 PR-23-3 PR-23-1 PR-23-2 SUBTOTAL PR24-1 SUBTOTAL PR-16-1 & 16-2 SUBTOTAL PR-14-1 SUBTOTAL PR-13-1 SUBTOTAL PR-12-1 SUBTOTAL PR-10-1 SUBTOTAL 2.03 1.25 1.10 1.51 5.89 1.87 1.87 6.09 6.09 1.71 1.71 1.56 1.56 0.92 0.92 1.35 1.35 1.71 1.71 0.81 0.81 13 to 20 150 to 215 7-9 100 15-18 200 525 365 445 295 375 110 240 180 200 60 200 100 195 200 100 DISTRICT TOTALS 3,238,025 3,580,948 3,443 342,345 220,000 7,381,318 Draft 2_May 18, 2020 DJ Interests K31 PR-24 World Class H16,17,20 PR-16 City of Austin F12 PR-14 Crockett-Threadgill's G14/15 PR-13 Austin Trust D9 PR-12 Molly Belle C6-8 PR-10 Endeavor / Zax B3-5 PR-5 & PR-6 PR-5 & PR-6 SUBTOTAL Pearson J22-23 PR-21 PR-21 SUBTOTAL DRAFT "#"#!64-2.&! *+,!-$./&0$(!102! 1.3'3+.'/!'3'/4*.*! ! ! ! Draft 2_May 18, 2020 Lady Bird Lake Waller Creek Auditorium Shores S F 1 et e st Str S 1 P R 1 - 1 P 2 R 0 1 - 3 0 ’ P R 2 C - 2 e u n e v P R 4 P R 3 W R 1 2 0 6 - 1 P R 5 + 0 ’ S F 2 P R 1 1 9 5 ’ 0 - 1 W B 1 A D 1 T L 1 P R 1 4 - 1 P R 1 2 3 0 - 1 0 ’ HA1 P R 1 6 4 - 3 0 ’ S F 3 TL2 P R 1 5 P R 1 4 - 2 P R 1 6 - 2 2 0 0 ’ O S - 5 P R 1 - 2 P R 8 P R 2 2 8 2 0’ - 1 ( 4 ) s A P-5 s e r g n o C P - 1 P R 2 2 - 2 4 1 (5) 0’ S-4 O S - 1 P - 2 P-7 P R 2 2-1 (2) S-1 400’ P - 3 P R 2 2-2 (1) 240’ S-2 P R 9 O S - 4 C - 1 P-6 C A 2 P R 2 1 0 1 - 1 0 ’ P R 2 0 P R 1 9 P R 2 3 - 1 1 8 0 ’ D 1 C1 P R 2 3 - 3 2 4 0 ’ E1 E R i v P R 2 2-2 (3) 240’ S-3 B S 1 P R 2 2-3 (6 90’/240’ P - 4 & 7) O S - 3 D 2 C2 P R 2 2 3 0 - D 3 0 ’ 2 ML1 P R 7 W B 2 P R 1 1 - 1 P R 1 1 - 2 W R iv e P R 1 1 2 - 0 1 0 ’ r si W R d 2 e D r P R 1 6 - 1 2 0 0 ’ P R 1 8 P R 1 7 AD2 C A 3 P R 2 1 4 0 - 1 0 ’ P R 2 3 - 4 e r si 1 d 1 e 0 ’ P R 2 5 D E r R 1 ML2 P R 3 1 - 2 O S - 2 9 0 ’ P R 3 0 P R 2 7 P R 2 6 P R 2 8 P R 2 9 P R 3 1 - 1 Texas School for the Deaf East Branch of Bouldin Creek P R 3 2 E R 2 P R 3 3 P R 3 4 Blunn Creek P R 3 5 N 0 Feet 200 400 DRAFT 05.18.20 SOUTH CENTRAL WATERFRONT PARCEL OWNERSHIP 2020 This product is for informational purposes and may not have been prepared for or be suitable for legal, engineering, or surveying purposes. It does not represent an on-the-ground survey and represents only the approximate relative location of property boundaries. It has been produced the Planning and Zoning Department for the sole purpose of geographic reference. No warranty is made by the City of Austin regarding specific accuracy or completeness. 2020 HYBRID Buildout Heights 2020 Modified Physical Framework Map PARCELS WITHIN SCW REGULATING PLAN OTHER PARCELS WITHIN SCW BOUNDARY / FUTURE REG PLAN TANTALLON AUSTIN LLC BROADSTONE AT THE LAKE LLC CATHERINE TOWER LLC ENDEAVOR ENDEAVOR ASSOCIATED GENERAL CONTRACTORS BATHAUS LTD CPG 220 SOCO LP PR1 PR2 OGLE CHERYL & THE CRYSTAL OGLE MANAGEMENT TRUST PR3 PR4 PR5 PR6 PR7 PR8 PR9 PR10 MOLLY BELLE PROPERTIES PR11 BARTON SPRINGS CENTER LTD PR12 AUSTIN TRUST COMPANY PR13 CROCKETT PARTNERS LTD PR14 CITY OF AUSTIN PR15 FOR SALE PR16 WORLD CLASS CAPITAL GROUP PR17 SLACK BROTHERS INC PR18 ALICE G KASPAR, TRUSTEE PR19 OFLP 1 LTD PR20 CONGRESS DOT LLC PR21 WESLEY PEARSON JR & JERRY PEARSON PR22 RICHARD T SUTTLE, TRUSTEE PR23 CROCKETT PARTNERS LTD PR24 DJ INTERESTS LTD PR25 AUSTIN CRESCENT APARTMENTS LLC PR26 POSSIBLE NEW OWNER PR27 ANDREW COTTON & JOHN MEDDAUGH PR28 FIFTH & CHICON LTD PR29 RIVERSIDE PROPERTIES LTD PR30 GARWALD COMPANY INC PR31 CWS RIVERSIDE LP PR32 GORDON PLACETTE JR & RICHARD DALE GUTHRIE PR33 CONDOS - MULTIPLE OWNERS PR34 COUNTY LINE PROPERTIES INC PR35 RIVER CRAB LTD DRAFT Crockett PR23 340,900 SUBTOTAL 8.15 1,054,000 1,103,700 950 150,000 220,000 2,527,700 2020 HYBRID BUILDOUT FOR FINANCIAL ANALYSIS Name 2016 Plan Property Code Code Parcel Statesman PR22 PR22-1 Area (ac) 3.88 Office Residential Residential Retail TOTAL GFA May 18, 2020 Height (gsf) (Floors) (Ft) S1 S2 S3 C1 C2 C3 C4 DJ Interests K31 PR24 World Class H16,17,20 PR16 City of Austin F12 PR14 Crockett-Threadgill's G14/15 PR13 Austin Trust D9 PR12 Molly Belle C6-8 PR10 Endeavor / Zax B3-5 PR5 & PR6 Pearson J22-23 PR21 PR22-2 2.86 370,000 PR22-3 1.41 BLDG 2 BLDG 4 BLDG 5 BLDG 1 BLDG 3 BLDG 6&7 BLDG 7 PR-23-4 PR-23-3 PR-23-1 PR-23-2 SUBTOTAL PR24-1 SUBTOTAL PR-16-1 & 16-2 SUBTOTAL PR-14-1 SUBTOTAL PR-13-1 SUBTOTAL PR-12-1 SUBTOTAL PR-10-1 SUBTOTAL PR-5 & PR-6 SUBTOTAL PR-21 SUBTOTAL 2.03 1.25 1.10 1.51 5.89 1.87 1.87 6.09 6.09 1.71 1.71 1.56 1.56 0.92 0.92 1.35 1.35 1.71 1.71 0.81 0.81 340,900 1,024,825 (gsf) 684,000 684,000 370,000 0 0 0 0 0 0 0 0 0 0 0 0 0 371,000 371,000 10,000 10,000 347,600 347,600 270,525 270,525 250,000 250,000 153,000 153,000 (gsf) 452,700 336,700 116,000 278,400 278,400 372,600 372,600 0 0 0 0 367,350 287,225 370,250 202,348 202,348 387,000 387,000 155,975 155,975 152,000 152,000 13,800 13,800 0 0 0 0 0 0 (du) 370 0 299 71 248 248 0 331 331 0 0 362 262 336 960 312 312 430 430 150 150 204 204 0 0 9 9 0 0 0 0 Draft 2_May 18, 2020 (gsf) 111,800 66,400 21,000 24,400 30,000 14,000 16,000 8,200 8,200 0 20,000 19,000 10,000 30,000 79,000 14,300 14,300 32,000 32,000 7,000 7,000 10,000 10,000 9,000 9,000 21,045 21,045 10,000 10,000 10,000 10,000 Hotel (gsf) 220,000 220,000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1,468,500 750,400 357,700 360,400 678,400 292,400 386,000 380,800 380,800 0 360,900 386,350 297,225 400,250 1,444,725 216,648 216,648 790,000 790,000 172,975 172,975 357,600 357,600 161,000 161,000 305,370 305,370 260,000 260,000 163,000 163,000 29 26 22 22 17 8 21 16 17 15 15 9 14 13 8 7 to 22 90 to 240 7-9 100 15-18 200 400 280 240 240 240 110 240 180 200 60 200 100 195 200 100 DISTRICT TOTALS 2,797,025 3,039,648 3,015 342,345 220,000 6,399,018 DRAFT