DEPARTMENT: Public Works
DEPARTMENT HEAD: Razi Hosseini, P.E., R.P.L.S.
COUNCIL DISTRICTS IMPACTED: Council District 1
SUBJECT:
Real Estate Disposition: Closure of a portion of North Main Street and Soledad Street
SUMMARY:
An ordinance approving the closure, vacation and abandonment of a 0.105 of an acre portion of North Main Street and a 0.054 of an acre portion of Soledad Street located in New City Block 154 between North Main Street, Soledad Street, West Pecan Street, and East Travis Street in Council District 1, as requested by 305 Soledad Lot Ltd., for a fee of $336,000.00.
BACKGROUND INFORMATION:
305 Soledad Lot Ltd. (petitioner) owns property at 305 Soledad Street located within New City Block 154. The property is located between North Main Street, Soledad Street, West Pecan Street and East Travis Street. The platted property is wider on the north side of the block, then narrows on the south side. The petitioner intends to develop the property and met with city staff to discuss options to level out North Main Street and Soledad Street's property lines. The parcel's current east-west dimensions are not sufficient to support an efficient parking structure, which is a necessary component of the planned development for the site.
Petitioner intends to develop a 32-story mixed-use apartment development with 351 residential units at an estimated $107 million cost. The ground floor will have approximately 7,250 square feet of retail space and six structured parking levels, including 456 parking spaces above this.
The only impact on North Main Street will be the garage cantilevered over the proposed right-of-way. Since the garage is a permanent structure, staff recommended closing, vacating, and abandoning the aerial space where the garage would protrude into the right-of-way. The request was reviewed for impact on city services and city staff conditioned a pedestrian easement that the petitioner has agreed to do.
The Soledad Street cl...
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