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Transcript of VeranoPowerpoint.rafe.edits
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Conceived as the heart of San Antonio’s City South
Utilizing City South’s vision of urbanism to achieve a true University Community
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Verano Master Plan
TAMU-SA
Town Center & Rail Station
Teaching Hospital & Retirement living
Sports Complex(shared use)
Technology Research Center & Rail Served Industrial Park
Mixed Use Neighborhoods with schools
Toyota Plant
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The SmartCode: an innovative customized City Ordinance specific to the Verano project
• Not required to go back to City Council for permission in terms of use or densities
• Significant density bonuses received for best management practices
• Plan changes are administrative only and will be handled by planning staff and Verano Management
• Project density and use are driven by the plan, the market and Verano Management, not Government
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Verano North is designed and entitled down to the block level.
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Walkable, connected green neighborhoods
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Green Technology Green Manufacturing
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Connected to the rest of the Region - Future Commuter Rail
The “Brain Train” will connect
• UT Austin
• Texas State University
• UTSA Downtown
• Verano/TAMU-SA
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Our Rail Served Industrial Park links Verano South to:
The sea via rail connectivity to the port of Corpus Christi, both Oceans via the Panama Canal
The Free Trade Zone , Air via our rail connectivity to the Port of San Antonio and its freight airport
Mexico’s Industrial Centers via our rail connectivity to Monterey Mexico and beyond
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Industry Sector Employment Earnings Economic Activity
Retail/Restaurants 3,946 $129,172,139 $354,760,511
Office 10,257 $427,245,704 $1,144,201,274
R&D/Industrial 20,663 $860,727,613 $2,305,103,652
Institutional (Medical) 887 $29,051,897 $79,788,613
Verano Sub-Total 35,753 $1,446,197,353 $3,883,854,050
Texas A&M/San Antonio 10,197 $282,402,814 $790,234,168
Totals
The economic impact and employment numbers that drive the project, helped us secure a 256 million dollar TIF
45,950 $1,728,600,167 $4,674,088,218
Note 1: Economic activity at buildout
Note 2: Dollar figures not adjusted for inflation ($2007)
Source: TXP, Inc.
Source: TXP, Inc.
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Pubic Investment in Verano:Over $35 Million Dollars
I-410 freeway off ramp 100% complete
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University Way 95% complete
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Verano Parkway20% complete
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Project Sewer System and Lift Stations
Phase I Estimated Completion 06/2011
Phase II Estimated Completion 09/2012
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Utility Service Agreements
• Water
• Sewer
• Power
• Natural Gas
Natural Gas
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$15-$20 million additional dollars invested in an electric substation by CPS energy5% complete
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Large scale transmission capacity to service:
Verano Rail ServedIndustrial area
Texas A&M University-San Antonio
Toyota Motors Manufacturing Plant
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Success with project anchor
Texas A&M University-San Antonio
One of the largest and most prestigiousUniversity Systems in the Nation:
• Established in 1876, it is the oldest University in Texas
• Largest systems of higher education with an
annual budget of $3.2 billion
• 11 universities, 7 state agencies and a comprehensive health science center
• The A&M System educates nearly 115,000
students
• Higher Education during recession is a growth industry in the United States
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Success with lobbying for TAMU-SA The State of Texas has funded
$50 Million Dollars for the new University.
$10 Million Dollars for the interim University budget
• Enrollment numbers have jumped with
explosive growth (over 60% annual)
• Degree plan numbers have accelerated
• Current student head count is now over 2,700
Enrollment Numbers
60% Incre
ase
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Fall 2010: 15 hrs total tuition & fees
TAMU-SA: $2,925
UTSA: $4,206
Student Savings:
Tuition and Fees Comparison
$1,281 per semester
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$40 Million Dollars for the University’s 100,000 sq ft multipurpose building.completion date 07/2011
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TAMU-SA 100,000 sq ft multipurpose building.
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Thank You
L3
Triple L Management