City of San Antonio - File #: 14-929

• File #: 14-929
• Type: Street Closures
• In control: City Council A Session
• On agenda: 5/15/2014
• Posting Language: An Ordinance authorizing the closure, vacation and abandonment of 1.04 acre unimproved portion of Anchor Drive, a 0.6025 acre unimproved portion of Link Drive and a 1.264 acre unimproved portion of Lima Drive in Council District 9 to facilitate the construction of 72 infill housing units as requested by LDK Realty. [Peter Zanoni, Deputy City Manager; Mike Etienne, EastPoint and Real Estate Services]
• Indexes: EastPoint Disposition
• Related files: 14-321

Date	Ver.	Action By	Action	Result
5/15/2014	1	City Council A Session	adopted	Pass

DEPARTMENT: EastPoint & Real Estate Services Offices


DEPARTMENT HEAD: Mike Etienne


COUNCIL DISTRICTS IMPACTED: 9


SUBJECT: Disposition: ROW Closures (unimproved portions of Anchor Drive, Link Drive and Lima Drive established by Lockhill Estates No. 2 plat)

SUMMARY:
Consideration of an ordinance authorizing the closure of a 0.5774 acre unimproved portion of Anchor Drive, a 0.4638 acre unimproved portion of Anchor Drive, a 0.6025 acre unimproved portion of Link Drive and a 1.264 acre unimproved portion of Lima Drive established by subdivision plat of Lockhill Estates No. 2 in Council District 9 as requested by LDK Realty.

BACKGROUND INFORMATION:
LDK Realty Investments, LLC., is acquiring properties within the Lockhill Estates No. 2 subdivision. The subdivision was platted in 1950, however, it was never constructed. LDK Realty plans to develop the area and complete construction of the roadways, drainage, sanitary sewer, water and dry utility infrastructure. Infrastructure also includes constructing the extension of Silver Oaks Drive to access property from West Avenue. The proposed level of investment is $15,100,000.00 with construction beginning in Summer 2014.

This ordinance will authorize the closure of a 0.5774 acre unimproved portion of Anchor Drive, a 0.4638 acre unimproved portion of Anchor Drive, a 0.6025 acre unimproved portion of Link Drive and a 1.264 acre unimproved portion of Lima Drive established by subdivision plat of Lockhill Estates No. 2 in Council District 9 as requested by LDK Realty.

LDK Realty will assemble the unimproved right-of-ways, and then re-plat the properties as Castle Hills Subdivision. LDK will then construct a gated community consisting of seventy-three homes.

ISSUE:
Consideration of an ordinance authorizing the closure of a 0.5774 acre unimproved portion of Anchor Drive, a 0.4638 acre unimproved portion of Anchor Drive, a 0.6025 acre unimproved portion of Link Drive and a 1.264 ac...