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VeranoPowerpoint.rafe.edits

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Page 1: VeranoPowerpoint.rafe.edits
Page 2: VeranoPowerpoint.rafe.edits

Conceived as the heart of San Antonio’s City South

Utilizing City South’s vision of urbanism to achieve a true University Community

Page 3: VeranoPowerpoint.rafe.edits

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

Page 4: VeranoPowerpoint.rafe.edits

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

Page 5: VeranoPowerpoint.rafe.edits

Verano North is designed and entitled down to the block level.

Page 6: VeranoPowerpoint.rafe.edits

Walkable, connected green neighborhoods

Page 7: VeranoPowerpoint.rafe.edits

Green Technology Green Manufacturing

Page 8: VeranoPowerpoint.rafe.edits

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

Page 9: VeranoPowerpoint.rafe.edits

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

Page 10: VeranoPowerpoint.rafe.edits

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.

Page 11: VeranoPowerpoint.rafe.edits

Pubic Investment in Verano:Over $35 Million Dollars

I-410 freeway off ramp 100% complete

Page 12: VeranoPowerpoint.rafe.edits

University Way 95% complete

Page 13: VeranoPowerpoint.rafe.edits

Verano Parkway20% complete

Page 14: VeranoPowerpoint.rafe.edits

Project Sewer System and Lift Stations

Phase I Estimated Completion 06/2011

Phase II Estimated Completion 09/2012

Page 15: VeranoPowerpoint.rafe.edits

Utility Service Agreements

• Water

• Sewer

• Power

• Natural Gas

Natural Gas

Page 16: VeranoPowerpoint.rafe.edits

$15-$20 million additional dollars invested in an electric substation by CPS energy5% complete

Page 17: VeranoPowerpoint.rafe.edits

Large scale transmission capacity to service:

Verano Rail ServedIndustrial area

Texas A&M University-San Antonio

Toyota Motors Manufacturing Plant

Page 18: VeranoPowerpoint.rafe.edits

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

Page 19: VeranoPowerpoint.rafe.edits

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

Page 20: VeranoPowerpoint.rafe.edits

Fall 2010: 15 hrs total tuition & fees

TAMU-SA: $2,925

UTSA: $4,206

Student Savings:

Tuition and Fees Comparison

$1,281 per semester

Page 21: VeranoPowerpoint.rafe.edits

$40 Million Dollars for the University’s 100,000 sq ft multipurpose building.completion date 07/2011

Page 22: VeranoPowerpoint.rafe.edits

TAMU-SA 100,000 sq ft multipurpose building.

Page 23: VeranoPowerpoint.rafe.edits

Thank You

L3

Triple L Management