[00:00:01]
ALL RIGHT, WE'RE GONNA GO AHEAD AND GET THIS, UH, JOINT MEETING WITH THE EDC AND CITY COUNCIL GOING AT FIVE 30.
UM, GO AHEAD AND GET A CALL TO ORDER AND CERTIFICATION OF A QUORUM.
MAYOR TRAVIS MAGLIO, PRESENT, COUNCIL MEMBER JOHNNY SIMPSON.
COUNCIL MEMBER SCOTT SCHRADER.
COUNCIL MEMBER KEVIN EDMONDS HERE OF A QUORUM FOR THE CITY COUNCIL FOR THE EDC.
EZRA GARCIA, DEREK CORICK HERE.
AND COLIN COKER APPEARS WE DO NOT HAVE A QUORUM FOR THE EDC.
[2. PRESENTATIONS]
ALL RIGHT.PRESENTATION TWO, A PRESENTATION OF BAYOU VILLAGE DEVELOPMENT AND BENEFITS JOINT MEETING WITH DICKINSON CITY COUNCIL AND DICKINSON ECONOMIC DEVELOPMENT CORPORATION.
ALRIGHT, SO WE'RE GONNA GO AHEAD AND LEAD THIS OFF WITH, UH, MR. DAVE FUNK.
UM, AND I'LL LET HIM KIND OF STEAL THE SHOW FOR A WHILE, SO GO AHEAD.
I APPRECIATE EVERYBODY'S TIME TO, TO JOIN US AT THIS JOINT WORKSHOP.
UM, WE ARE HERE TONIGHT TO TALK ABOUT, UH, THE BAYOU VILLAGE EAST PHASES ONE AND TWO.
UH, WHAT WE ARE LOOKING FOR TONIGHT IS BASICALLY THERE HAVE BEEN SOME CHANGES TO THE PLAN.
WE WILL GET INTO THAT DURING THE PRESENTATION.
SO WE WANT TO UPDATE EVERYONE ON THE PLAN ON THE CURRENT STATUS OF OUR ACTIVITIES.
WE DO HAVE SEVERAL, SEVERAL ITEMS FOR CLOSED SESSION.
UH, SO WE WILL NOT BE, AND I PLEASE ASK THAT EVERYONE FRAIN FROM REFERRING TO ANY SPECIFIC COMPANIES, PROPERTIES, CONTRACTS, ANYTHING OF THAT NATURE.
UM, AND JUST HOLD THAT INTO CLOSED SESSION.
UM, WITH THAT, UM, I HAVE THE MEMBERS FROM COLLABORATE WITH ME, UH, SAUL VALENTINE, UH, CHRISTOPHER K.
UM, THEY HAVE BEEN WORKING WITH DICKINSON SINCE 2022, UM, WHEN THIS FIRST STARTED.
SO SOME OF THE PREVIOUS MEMBERS OF COUNCIL MIGHT HAVE SEEN, UM, SOMETHING SOMEWHAT SIMILAR.
UM, BUT WE HAVE, UH, CHANGED SOME OF THESE PLANS AND SCALED THEM BACK.
UH, IF YOU GUYS WANNA START ON THE, IF THE FIRST SITE PLAN HERE.
UH, THANKS FOR HAVING US HERE.
UH, WE'RE SUPER EXCITED ABOUT THIS PARTICULAR PROJECT.
WE'VE BEEN INVOLVED WITH IT FOR SOME TIME, AND IT'S GONE THROUGH A NUMBER OF IT'S, IT'S EVOLVED LIKE ANY GOOD DEVELOPMENT PROJECT EVOLVES.
THIS IS REALLY AT THE CREST ABOUT ECONOMIC DEVELOPMENT AND, UH, SPRING GROWTH IN THE CITY OF DICKINSON.
UH, THIS IS A TWO TO THREE PHASE PROJECT.
WE CALL THAT PHASE ONE, WHICH WE REFER TO BIO VILLAGE WEST.
UM, IT INCLUDES RETAIL, IT INCLUDES MULTIFAMILY, IT INCLUDES HOSPITALITY AND, AND RESTAURANTS.
AND IT'S LINKED TO A POTENTIAL FUTURE PARK WITH SOCCER FIELDS, A BOARDWALK, AND ALL KINDS OF OUTDOOR RECREATIONAL FACILITIES.
WE BELIEVE THIS SMALL PROJECT WILL IGNITE PHASE TWO, WHICH IS ACROSS THE STREET, WHICH IS A MULTI-PHASE, UH, MIXED USE DISTRICT, UH, WHICH INCLUDES A FUTURE POTENTIAL TOWN CENTER, INCLUDES A SPORTS ZONE, A WELLNESS ZONE, UH, MIXED USE COMMERCIAL, LOTS OF RESIDENTIAL.
AND THEN IT'S ALL TIED TOGETHER BY A SERIES OF GREEN SPACES AND PARKS WITH PEDESTRIAN WALK WALKING TRAILS, UH, THAT ARE TIED BACK TO YOUR HIGH SCHOOL, TO YOUR JUNIOR HIGH SCHOOL AND TO, UH, TO ALONG THE BAYOU, EVENTUALLY LEADING TO A LOT OF THE NEW MULTIFAMILY THAT'LL HAPPEN ACROSS THE STREET.
SO INSTEAD OF LOSING, UH, OPPORTUNITIES, YOU'LL BE PULLING IN POPULATION BACK INTO DICKINSON TO SPEND THEIR RETAIL DOLLARS.
UM, THE PHOTOGRAPHS ABOVE SHOW, UH, A 17,000 SQUARE FOOT RETAIL CENTER, WHICH IS THE FIRST PHASE OF MULTIPLE PADS AND ADDITIONAL 30,000 SQUARE FEET OF RETAIL AND, AND FOOD SERVICES.
AND THEN A 180 TO 200 APARTMENT UNIT, UH, MULTI-STORY IN THE, AND WE'RE LOOKING FOR THIS COMPONENT TO BREAK GROUND SOMEWHERE AT THE END OF THE FIRST QUARTER OF 2026.
IF, IF YOU GO BACK ONE, ONE SLIDE, I'LL, UH, I'LL, OH NO, IT'S THE NEXT ONE.
SO THAT RETAIL CENTER IS ON THE CORNER.
THAT CORNER IS ABOUT AN ACRE AND A HALF THAT WOULD BREAK DOWN FIRST QUARTER.
[00:05:01]
UH, BEHIND IT IS A SMALL, UH, PLAZA OR PARK THAT LINKS IT TO THE APARTMENTS INTO THE LARGER 30,000 SQUARE FOOT, UH, FOOD MARKET AND, AND, UH, NEXT DOOR.UM, AND THAT'S WHAT YOU'RE SEEING, THE, THE VIEW, THE NEXT VIEW NEXT SLIDE.
UH, OKAY, THAT ONE, THAT'S THE BACK, THAT'S, THAT'S THE PLAZA FACING THE, THE APARTMENT.
SO WE WANTED TO CREATE AN OUTDOOR SPACE WHERE PEOPLE CAN GATHER.
SO THIS BECOMES ESSENTIALLY A, A LIFESTYLE CENTER, UH, FOR THOSE APARTMENTS AND FOR VISITORS.
WE'RE GONNA HAVE A RESTAURANT THERE THAT, UH, THAT IS GONNA BE TIED INTO ONE OF THE CORNERS OF THE RETAIL.
AND THEN OF COURSE, THE, THE DRAW FOR THE APARTMENTS IS NOT ONLY FOR THE ENTERTAINMENT AND THE APARTMENT, BUT IT'S ALSO FOR ALL THE OUTDOOR ACTIVITIES THAT WOULD BE PLANNED IN THE BACK IN THE PARK, UH, THE PARK, SOCCER FIELDS, OTHER RECREATION FIELDS, MAYBE A SPLASH PAD, UH, YOU KNOW, FACILITIES FOR KIDS.
AND THEN A BOARDWALK WITH A BOAT RAMP.
THIS IS ACTUALLY ONE OF THE LAST LOCATIONS ALONG THE BAY THAT YOU CAN REALLY BRING SOME BIG BOATS BACK HERE.
SO THERE'S EVEN POTENTIAL FOR FUTURE LEASES FOR A RESTAURANT ALONG THE WATER.
UH, WHAT'S REALLY IMPORTANT ABOUT THIS SPACE IS THAT IT ALSO SERVES AS DETENTION.
SO THERE ARE A LOT OF, THIS IS A MULTIPURPOSE, UH, PIECE OF PROPERTY THAT CAN BE WELL UTILIZED FOR MULTIPLE ACTIVITIES.
AND, UH, IT COULD BE UTILIZED, KEEPING IN MIND THAT YOU'VE GOT, UH, PIPELINES RUNNING THROUGH THAT PARTICULAR PIECE OF PROPERTY, THAT'D BE VERY DIFFICULT TO DEVELOP FULL BOARD ON THE WHOLE PROPERTY.
SO, UH, ONE OF THE REASONS WE WANTED TO GATHER AND TALK ABOUT THIS INVESTMENT IN, IN THE DICKINSON COMMUNITY IS THERE IS A VERY REAL PROBLEM THAT WE FACE THE CHART IN FRONT OF YOU.
IT SHOWS 22 HOUSTON AREA CITIES.
I WANT TO POINT OUT ON THIS, WE ARE THE ONLY CITY OF THESE 22 IN DOUBLE DIGIT DECLINE IN OUR SALES TAX COLLECTIONS.
UM, MANY OF OUR RESTAURANTS AND RETAILERS ARE REPORTING, UH, DECLINE SALES.
UH, AND A PROJECT LIKE THIS, WE BELIEVE WILL TURN THE TIDE ON THIS TREND HERE.
SOME OF THE CHALLENGES THAT WE FACE WHEN IT COMES TO RETAIL RECRUITMENT IS WE CURRENTLY HAVE A, A WEAK DRAW.
UM, AND, AND WHAT'S PERCEIVED AS A LOWER CONSUMER BASE, UH, THE NUMBER OF HOUSEHOLDS ARE MEETING INCOME AND AND ARE TRAFFIC COUNTS, ARE, ARE THINGS THAT NEED TO COME UP TO ATTRACT MORE OF THE RETAILERS TO GET THEM, UM, TO VIEW US AS, AS A DESTINATION FOR THEM.
UH, CITIES THAT LACK CRITICAL MASS AND APPEALING DEMOGRAPHICS, UH, RETAILERS TYPICALLY SKIP THAT MARKET.
SO, UM, WE HAVE THAT PERCEIVED LACK OF, OF DESTINATION.
WE HAVE A LOT OF CHARACTER, BUT UNLESS YOU'RE EXITING 45, YOU'RE NOT GONNA SEE THAT CHARACTER.
SO WE'RE TR THIS PROJECT WE BELIEVE NOT ONLY IS GONNA HELP FROM A MULTI-PURPOSE OR MULTI-USE STANDPOINT, BUT ALSO GONNA HAVE ATTRACTIONS THAT ARE GONNA GIVE PEOPLE A REASON TO EXIT ALPHA 45 AND DRIVE THROUGH OUR TAP.
UM, OUR PERCEIVED, UM, UH, RETAILERS DON'T SEE THE LOCALE CURRENTLY AS A, AS A MAGNET FOR CONSUMERS.
AND THIS WILL BE A CATALYST TO, TO TURN THAT TIDE, UM, THE MARKET AND DEMOGRAPHIC CHALLENGES, RIGHT? UM, SO, YOU KNOW, THE RETAIL RECRUITERS ARE GONNA TO, YOU KNOW, UM, A ASSESS A A BROADER TRADE AREA, RIGHT? SO WHEN THEY'RE LOOKING AT DICKINSON, WHAT'S AUTOMATICALLY POPPING UP OUR LEAGUE CITY AND TEXAS CITY, AND THEY LOOK AT, YOU KNOW, OUR LEAKAGE, WHICH IS CURRENT ALMOST 90% BASED ON OUR LEAKAGE REPORTS.
UM, SO THEY'RE GONNA REALLY KIND OF GRAVITATE TO OUR, TO OUR NEIGHBORS, UH, AND OUR WEAK CONSUMER TRAFFIC.
THAT IS OUR TRAFFIC COUNT DOWN FIVE 17.
UM, THIS WILL TURN THAT TIDE, RIGHT? SO WE'VE, WE'VE HAD JUST RECENTLY, WITHIN THE LAST SIX, SEVEN MONTHS, UH, SOME NATIONAL COFFEE SHOP BRANDS, FOR EXAMPLE, THAT WAS LOOKING TO COME HERE, ASSESSED TWO, TWO LOCALES ON FIVE 17 ON THE EAST SIDE, AND SIMPLY SAID, THE TRAFFIC COUNTS SIMPLY ARE NOT THERE, AND WE'RE NOT GONNA BE, WE'RE NOT GONNA BE WILLING TO COME HERE.
YEAH, THERE'S A SIGNIFICANT TRAFFIC DROP FROM ABOUT THE HIGH SCHOOL BACK WEST.
SO WHERE, WHERE WE'RE PLANNING THE CURRENT DEVELOPMENT, WE'RE ONLY SEEING BETWEEN 12 TO 14,000 CARS A DAY, WHICH IS NOT VERY APPEALING FOR, YOU KNOW, NATIONAL RETAIL, BUT WE, WE THINK WE CAN CHANGE THAT CURVE PRETTY QUICKLY WITH THE MULTIFAMILY AND THEN FUTURE DEVELOPMENT.
UM, YOU KNOW, AND WHAT YOU HAVE NOW TOO WITH THE RETAILERS IS THERE'S A, A SHIFTING DEMOGRAPHIC
[00:10:01]
OF, OF CONSUMER HABITS, RIGHT? SO THE RISK OF BRICK AND MORTARS NEVER BEEN HIGHER.SO, SO RETAILERS ARE BEING EXTREMELY SELECTIVE ON WHERE THEY'RE GOING TO BUILD A FACILITY.
UM, THE ECONOMIC PRESSURES, UM, THAT OUR RETAILERS ARE FACING, OBVIOUSLY AS, AS WE ALL KNOW, BEING, BEING IN CITY GOVERNMENT, THE INCREASE IN CONSTRUCTION AND BUILDING COSTS HERE SPECIFICALLY, UM, LOOKING AT THE FLOOD, UH, FLOOD ELEVATION AND HAVING TO BRING OUR PROPERTIES UP, THAT DRIVES THE COST UP EVEN HIGHER.
UH, THEY'RE INCREASINGLY SELECTIVE AND RISK AWARE, UM, AND RUNNING THEIR MODELS.
AND IF IT DOES NOT DO WHAT THEY CALL PENCIL, UM, FROM A, FROM A PROFIT STANDPOINT, THEY SIMPLY ARE NOT, THEY'RE GONNA MOVE RIGHT PAST IT.
ALL THE SMALL TOWNS SUCH AS OURS, YOU KNOW, WE'RE STRUGGLING TO COMPETE WITH THOSE LARGER MARKETS LIKE WE HAVE IN LEAGUE CITY AND TEXAS CITY.
SO, HOW WILL BODY VILLAGE ADDRESS SOME OF THESE CHALLENGES THAT WE HAVE BEFORE US? UM, BAYOU VILLAGES IS LOOKING TO BE A MULTI-FAMILY, MULTI-PURPOSE, MULTI-USE WITH A CONS, UM, YOUTH ATHLETICS FOCUS.
WHAT DOES THIS DO FROM A TOURISM STANDPOINT? THIS CREATES THE DRAW.
THIS IS BRINGING THAT TRAFFIC OFF OF 45 ALL THE WAY DOWN FIVE 17 THROUGH THE EAST SIDE.
UM, IF WE LEVERAGE THIS STRATEGICALLY, THESE VENUES WILL ACT AS A CATALYST THROUGHOUT THE ENTIRE FIVE 17 STRIP DRIVING THE TRAFFIC THROUGH CREATING AND ENHANCING, REALLY ENHANCING OUR DESTINATION APPEAL, UM, AND SUPPORTING THAT MIX, THAT MIXED USE DEVELOPMENT.
AND WHY THAT'S IMPORTANT IS THAT GIVES THOSE RETAILERS SEVEN DAY A WEEK TRAFFIC.
SO THEY, THEY BASICALLY CAN MAKE THEIR OPERATING BUDGET BASED ON THAT SEVEN DAY A WEEK TRAFFIC.
AND THEN THAT WEEKEND TRAFFIC, THAT WEEKEND DRAW IS CREATING THEIR PROFIT.
UM, THESE MULTI-DAY TOURNAMENTS BRING IN FAMILIES, COACHES, TEAMS, THEY STAY OVERNIGHT IN HOTELS, THEY DINE OUT, THEY SHOP AND ATTEND OTHER ACTIVITIES.
SO WHEN WE TALK ABOUT EVEN OUR, OUR BOUTIQUE SHOPS AND OUR RETAILERS, THEY WILL GO AND VISIT THE, THESE DESTINATIONS AS WELL.
UM, SO THE YEAR ROUND USAGE, UM, CREATES THAT STABLE DEMAND.
SO DOWN HERE IN OUR CLIMATE, THESE FACILITIES ARE USED YEAR ROUND.
UM, THE TOURNAMENT SERVE AS A GATEWAY FOR THOSE VISITORS.
AND IN SEVERAL OF THE STUDIES THAT THAT, THAT I RESEARCHED, THOSE FAMILIES WILL RETURN AND EVEN RELOCATE HERE AND, UM, INCREASE OUR, OUR POPULATION IN LOCAL CONSUMER BASES.
UM, SPACE IS ADJACENT TO THESE SPORTS DESTINATIONS, COMMAND HIGHER RENTS, RIGHT? UM, AND WE'LL, WE'LL GET, WE'LL GET INTO A LITTLE MORE ON HOW THAT IMPACTS SOME OF THE REDEVELOPMENT A LITTLE BIT LATER ON.
UM, THE QUALITY OF PLACE ENHANCEMENTS, THESE VENUES, THE PERCEPTION OF THESE VENUES, IT CREATES GREEN SPACE.
AND WHEN THEY'RE NOT IN USE FOR THESE TOURNAMENTS, THEY VERY MUCH ARE GREEN SPACE THAT ARE, IS ACCESSIBLE BY THE COMMUNITY.
UM, IT GIVES THAT PERCEPTION OF THE, THE FAMILY FRIENDLY, UM, AND ACTIVE COMMUNITY THAT, THAT A LOT OF RETAILERS LOOK FOR, RIGHT? THEY TAKE THAT INTO ACCOUNT WHEN THEY'RE RUNNING THEIR MODELS.
UM, RETAILERS INVEST WHEN THEY SEE STRONG LOCAL AMENITIES THAT DRAW CONSISTENT VISITORS.
IF YOU GET NOTHING ELSE OUTTA THIS, THIS IS A DRAW, UM, TO BRING IN THOSE CONSUMERS.
UM, THEY LOOK AT DE-RISKING, RIGHT? SO THEY WANNA SEE VENUES THAT ARE DRIVING MEASURABLE IMPACT.
SO HOTEL STAYS, RESTAURANT SPENDING, UH, AND RETAIL SPENDING ARE THE KEY ELEMENTS THAT THEY'RE, THEY'RE GONNA BE ASSESSING.
UH, IT REDUCES THE RISK FOR THE RETAILERS AND THE INVESTORS, UM, AND POSSIBLY IT, IT POSITIONS A CITY AS INVESTMENT READY.
UH, AND WE'LL GET INTO THAT A LITTLE BIT MORE TOO.
UM, SO WHEN WE LOOK AT YOUTH SPORTS, RIGHT? AND I, AND I KNOW SOME THINGS THAT ARE GONNA COME UP ARE, WELL LOOK AT LEAGUE CITY, RIGHT? AND IS THAT A TAP MARKET? THERE'S GONNA BE A COUPLE THINGS THAT KIND OF COME INTO PLAY THERE.
ONE, SPORTS, SPORTS TOURISM GENERATED 40.7 BILLION IN DIRECT SPENDING AND 114 BILLION IN TOTAL ECONOMIC IMPACT.
YOUTH YOUTH TOURNAMENTS ARE MAJOR GROWTH DRIVERS.
UM, THEY DEVELOP THESE RETAIL READY ZONES.
AND WHAT I MEAN BY RETAIL READY IS, JUST IN DISCUSSING THE POSSIBILITY OF THIS, I HAVE BEEN APPROACHED BY MAJOR NATIONAL BRAND RETAILERS, MAJOR NATIONAL OPERATORS THAT ARE VENTURE CAPITALIST BACKED.
WE HAVE A DEVELOPER HERE THAT IT HAS INVESTORS AND CAPITAL BEHIND THEM.
SO THESE ARE FOLKS THAT, THAT KNOW AND SEE THIS ACROSS THE COUNTRY AND KNOW THE IMPACT THAT THESE TYPES OF FACILITIES BRING.
UM, VISITORS SPEND ON AVERAGE $248 PER DAY, SATURDAY AND SUNDAY A TOURNAMENT.
[00:15:01]
WE'RE LOOKING AT NUMBERS IN THE 4,000 RANGE.SO THAT'S 4,000 KIDS WITH TWO, WITH, WITH AT LEAST ONE PARENT, IF NOT TWO, AND, AND SIBLINGS, RIGHT? AND THEY'RE GONNA COME IN AND SPEND TWO, YOU KNOW, ALMOST $500 IN A WEEKEND.
UM, 60 TO 70% OF THE FAMILIES TRAVEL OVERNIGHT TO THESE TOURNAMENTS.
SO WHEN WE TALK ABOUT TOURNAMENTS AND WE TALK ABOUT WHAT WE'RE, WE'RE, WHAT WE'RE LOOKING TO DO HERE, THESE OPERATORS THAT I'VE SPOKEN WITH THAT WOULD COME IN AND MANAGE THESE FACILITIES ARE, ARE SCHEDULE THESE THINGS.
SO PEOPLE COME AND STAY OVERNIGHT.
THESE WILL FILL UP HOTELS AND WE'LL GET A LITTLE BIT MORE INTO THAT AS WELL.
UM, BUT THE, UH, AVERAGE FAMILY THAT THAT PARTICIPATES IN THESE YOUTH SPORTS SPENDS 700 TO A THOUSAND DOLLARS A MONTH AND YOUTH SPORTS CONTINUES TO GROW.
UM, ON THIS SLIDE HERE, I'M POINTING OUT SEVERAL OF THE, OF THE SPORTS AND WHY WE SELECTED THESE SPORTS, RIGHT? SO SOCCER, WHICH YOU SEE IN PHASE ONE, WHY IS THAT IN PHASE ONE? WELL, THAT IS CURRENTLY THE HIGHEST, THE HIGHEST, UM, ACTIVITY.
YOU SEE BASKETBALL THERE, AND YOU SEE VOLLEYBALL IN THERE.
UNFORTUNATELY, THIS WAS ORIGINALLY PLANNED TO BE PART OF BODY VILLAGE PHASE TWO.
THE PERSON BACKING THAT GOT A LITTLE ANTSY, WANTED TO MOVE, TAKE ADVANTAGE OF, OF, OF CURRENT ECONOMICS.
AND HAS SINCE MOVED THAT OVER TO KEA, WHICH HAS BEEN APPROVED THROUGH OUR CITY COUNCIL IN, UH, JUST A FEW MONTHS.
SO THAT, THAT'S BEEN LOCKED UP FOR KEA AND THAT WAS A $60 MILLION FACILITY, AND THAT'S A $60 MILLION TAXABLE VALUE.
AND UNFORTUNATELY, WE WILL NOT HAVE NOW IN THIS DEVELOPMENT.
UM, BUT THE OTHER TOP ONES ON THERE ARE BASEBALL AND SOFTBALL.
WE HAVE OUR EYE ON, AGAIN, POTENTIAL EXPANSION OPPORTUNITIES.
THERE'S THINGS SUCH AS ESPORTS AND AMERICAN FOOTBALL.
UM, I WANT TO SEE WHERE THOSE NUMBERS TURN OUT OVER THE COMING YEARS BEFORE WE GO AND COMMIT DOLLARS AND, AND SPEND TO BUILD THE, SPEND MONEY ON BUILDING THOSE FACILITIES.
UM, THE YOUTH MARKET IN GENERAL, UH, AS YOU CAN SEE, IS 36.9 BILLION IN 20 21, 50 6 BILLION PROJECTED TO, TO BE AT THE END OF 2025.
THE 2035 GROWTH SHOWS 150, ALMOST $155 BILLION.
SO WE'RE ONLY ABOUT A THIRD WAY OF THE WAY THROUGH WHERE THE MARKET IS GOING TO GO.
AND THAT WAS A VERY RECENT REPORT AS OF OCTOBER OF THIS YEAR.
HOW'S THIS GONNA HELP OUR BUSINESSES AND OUR LOCAL ECONOMY FOR OUR BUSINESSES? AND OUR, AND I'M TALKING REALLY SPECIFICALLY ABOUT OUR, OUR EXISTING BUSINESSES, RIGHT? A SINGLE WEEKEND IS GENERATING THOUSANDS, THOUSANDS OF DOLLARS IN RETAIL.
SO THAT'S JUST THE RETAIL SHOPS.
OUR VISITORS ARE MAKING MULTIPLE TRIPS TO OUR CONVENIENCE STORES, BUYING SNACKS, APPAREL, SUPPLIES, UH, DRINKS, UH, WATERING GATORADE, UH, THE BOOST IN RESTAURANT REVENUE.
AND FOR THOSE OF YOU THAT DON'T KNOW, I'VE SPOKEN TO SEVERAL, A LOT OF OUR RESTAURANTS ARE DOWN 40 TO 60% THIS YEAR.
UM, THE DINING IS THE SINGLE TOP SPENDING CATEGORY OF THESE TOURNAMENTS.
RESTAURANT VENUES SEE A 20 TO 40% BOOST DURING THESE EVENTS.
UM, LOCAL ERIE BENEFIT FROM THAT STEADY MULTI-DAY TRAFFIC.
SO THEY'RE GONNA BE FILLED UP BREAKFAST, LUNCH, AND DINNER, UH, THE RETAIL SPILLOVER.
SO YES, THIS IS GONNA BE ON THE EAST SIDE, BUT THAT RETAIL IS MOST DEFINITELY GOING TO SPILL OVER TO THE WEST SIDE.
I'M LOOKING FOR, UH, ONE OF THE, ONE OF THE RESTAURANTS THAT I SPOKE WITH LAST WEEK ACTUALLY TAKES FLYERS DOWN TO THE LEAGUE CITY VENUE AND GETS TRAFFIC COMING.
TJ REEDS, CORRECT? UM, SO THERE WILL DEFINITELY BE SPILLOVER TO OUR WEST SIDE AS WELL.
SO THE, IT, IT'S REALLY CREATING A, A HUB OF ACTIVITY ALL ALONG 45, BOTH EAST AND WEST.
UM, OUR RETAILERS, UM, NEAR COMPLEXES REPORT THE STRONGER WEEKEND SALES AND THE NEW CUSTOMER EXPOSURE AND BRAND VISIBILITY FROM OUT OF TOWN VISITORS COMING IN, TAKING THEIR PICTURES, POSTING 'EM ON ONLINE, ON FACEBOOK, AND WHAT HAVE YOU, UM, NEED FOR HOTELS IS SOMETHING THAT CAME UP.
SO ONE THING THAT YOU, FOR THOSE THAT SAW THIS PROJECT BEFORE, ONE KEY DIFFERENCE IN WHAT WE HAVE HERE IS I'VE GONE OUT AND INDEPENDENTLY MET WITH FOLKS.
I'VE DONE A TON OF RESEARCH, READ A BUNCH OF CASE STUDIES, UM, AND REALLY SCALED THIS PLAN, MADE THIS PLAN MUCH MORE SCALABLE, RIGHT? SO PREVIOUSLY THIS BIG GRANDIOSE PLAN WITH TONS AND TONS OF FIELDS, IF YOU GO OUT AND TALK TO THE OPERATORS, THEY SAY, HEY, YOU MIGHT WANNA HOLD OFF ON THAT.
THERE'S, I READ FIVE CASE STUDIES,
[00:20:01]
FOUR OF WHICH BANKRUPT A CITY WITHIN TWO YEARS.OKAY? SO WE SCALE THAT BACK TO SOMETHING THAT'S MORE MANAGEABLE.
UH, THE OTHER THING THAT WAS, THAT WAS SHOWN IN THOSE STUDIES WAS THE CITY WAS MANAGING THOSE, THOSE FACILITIES WE'RE GONNA BRING INTO OPERATORS, OPERATORS AGAIN, THAT ARE GONNA MAKE THE INVESTMENT.
THEY'RE BACKED BY VENTURE CAPITALISTS.
THEY HAVE GOT INVESTORS THAT THEY NEED TO ANSWER TO.
IT WILL BE UP TO THEM TO MAINTAIN AND MAKE THESE VENUES PROFITABLE.
THEY'LL SIGN LAND LEASES WITH US, AND THEN THE REST IS ON THEM.
BUT THEY ALSO KNOW HOW TO RUN THESE TOURNAMENTS AND BRING PEOPLE IN.
UM, ONE OF THE FIRST THINGS THAT THEY SAY WHEN I MET WITH THE VERY FIRST ONE IS, YOU NEED MORE HOTELS.
YOU'VE GOT ONE BEST WESTERN, YOU NEED AT LEAST THREE MORE RIGHT OFF THE BAT, RIGHT? SO THAT BROUGHT IN, YOU KNOW, LOOKING AT JUST, THIS IS FROM THE, THE, UH, HOTEL AND LODGING ASSOCIATION, 47 MILLION HOTEL ROOMS ANNUALLY FOR THESE YOUTH SPORTS EVENTS, RIGHT? UH, IN TALKING WITH THE OPERATORS AND, AND, AND TWO OPERATORS, BOTH SOCCER AND BASEBALL.
HEY, WHERE DO YOU SEE THE NEED FOR HOTELS? ONE ALONG 45.
ONE WITHIN BAYOU VILLAGE AND ONE ALONG FIVE 17 THAT WOULD GENERATE HOT TAX COLLECTIONS FOR THE CITY, RIGHT? UM, SO WE'D BE LOOKING AT ROUGHLY, IF YOU'RE TALKING ABOUT 40 WEEKENDS, I DIDN'T USE 52 BECAUSE THERE IS A BREAK AROUND THE HOLIDAYS AND, YOU KNOW, THERE MIGHT BE A BREAK HERE AND THERE ON WEEKEND EVENTS.
SO I USE 40 WEEKS OF 90% OCCUPANCY.
MOST OF THESE, ESPECIALLY THE ONES SAY WITHIN BAYOU VILLAGE AND FIVE 17, WE'LL PROBABLY BE CLOSER TO A HUNDRED.
UM, BUT THAT WOULD GENERATE ROUGHLY SEVEN 71,000 PLUS PER HOTEL.
UM, SO ABOUT $214,000, UH, ACROSS THOSE THREE HOTELS IN HOT TAX, UM, WITH 7%, UH, GOING TO THE CITY, 2% TO THE COUNTY, UM, UNDERSTANDING THE, UH, UNDERSERVED MARKET, RIGHT? SO ONE OF THE THINGS THAT THESE FOLKS THAT DO THIS FOR A LIVING SHOWED ME VERY QUICKLY, THE SOCCER FOLKS SPUN THEIR MONITOR AROUND AND SHOWED ME ALL THE HEAT MAPS THAT THEY HAD, AND THEY SHOWED A BIG CIRCLE OF DICKINSON AND SOUTH AND SAID, YOU'RE GONNA SOLVE THIS PROBLEM.
IF WE ARE THERE, WE'RE GONNA PICK UP THIS MARKET AND SOUTH, AND THERE'S A BIG GAP.
THE BASEBALL FOLKS SAID, YOU ARE IN AN UNDERSERVED MARKET, AND WE WILL KEEP THOSE, THOSE FIELDS MOVING AND BOOKED.
UM, PLUS SOME OF THE OTHER THINGS THAT THEY SAID, UH, THE BASEBALL FOLKS TOLD ME PARENTS WILL DRIVE THEIR CHILDREN AN HOUR TO PRACTICE ON TUESDAY AND THURSDAY NIGHTS TO BE ON ONE OF THEIR TEAMS, RIGHT? AND THAT'S THE OTHER THING THAT A CITY DOESN'T NECESSARILY HAVE WHEN TRYING TO RUN A VENUE, RIGHT, IS WE DON'T HAVE TEAMS THAT ARE HIGH PROFILE TEAMS, UM, THAT PARENTS WANNA BE A PART OF OR THESE OPERATORS DO, RIGHT? SO THEY, THEY, THEY'RE AN ATTRACTION IN THEM IN THEMSELVES AS FAR AS DRAWING IN THE PEOPLE FROM A DISTANCE.
UM, SO, UM, ALSO APPROACHED BY A, A HEALTHCARE PROVIDER THAT'S THINKING ABOUT A 30,000 SQUARE FOOT PEDIATRIC ORTHOPEDIC CENTER.
UM, PART OF THE DRAW THERE IS THEY'RE LOOKING FOR MULTI-SPORT FACILITIES, RIGHT? UH, WE HAVE OPPORTUNITY IN THIS TO, TO POTENTIALLY PARTNER WITH THE ISD AND, AND MAYBE BRING IN AN AUDITORIUM AS WELL AS PART OF THIS, WHICH WOULD ALSO BOOST OUR ATTENDANCE NUMBERS IN THE 800 TO 1000 A WEEKEND, UH, PER DAY.
UM, SO THE SOFTWARE OPERATION, UH, OPERATORS CURRENTLY WORKING IN 14 CITIES AND POOLS BOTH NATIONALLY AND INTERNATIONAL TOURNAMENTS.
UM, OUR LOCATION OFFERS THESE OP OPERATORS A GROWTH OPPORTUNITY THAT THEY'RE VERY INTERESTED IN CAPITALIZING ON.
UM, WE MOVED TO ECONOMIC IMPACT.
UM, WE LOOK AT, UH, A COUPLE THINGS I WAS ABLE TO RESEARCH AND WHAT YOU HAVE IN FRONT OF YOU RIGHT THERE.
THIS IS A VERY SIMILAR VENUE TO WHAT WE'RE TALKING ABOUT HERE AS PART OF THIS PROJECT.
THIS IS VERY, THESE ARE REAL NUMBERS.
SO THIS IS IN, AND I'M GONNA, I'M GONNA PROBABLY OFFEND ANYBODY FROM LOUISIANA WHEN I TRY TO PRONOUNCE THIS, BUT, UH, ACADIANA, LOUISIANA, UM, HAS, HAS NOT, I MESSED IT UP, DIDN'T I? UH, UM, UM, NINE, IT'S A NINE FIELD VENUE.
WE'RE LOOKING AT EIGHT FIELD VENUE TO START, BUT, UM, THEY HAD FIVE TOURNAMENTS JUST IN THE MONTH OF JULY.
THE EVENTS WERE BASEBALL ONLY, SOFTBALL ONLY IN COMBINATION OF THE TWO AREA.
THE PARTICIPANTS SPENT THEIR MONEY LOCALLY ON PREDOMINANTLY FOOD AND GAS, SECOND IN LODGING, THIRD IN ENTERTAINMENT, FOURTH IN SHOPPING.
THE IMPACT IN JUST JULY OF DIRECT SPENDING IN THAT LOCAL ECONOMY
[00:25:01]
WAS $5.4 MILLION WITH AN ESTIMATED 18,000 FOLKS IN ATTENDANCE.WHEN WE GO OVER TO SOCCER AND LOOK AT THE ECONOMIC IMPACT OF, OF THE SOCCER FACILITY, UM, WE USED, UH, A, A REAL NUMBERS THAT THIS PARTICULAR OPERATOR HAS WITH THE WOODLANDS.
NOW THE WOODLANDS WAS 19.2 MILLION.
SO THEN WE ADJUST THAT, YOU KNOW, THAT'S A LARGER FACILITY, DIFFERENT AREA.
SO WE ADJUST THAT FOR OUR AREA IN THE SIZE FACILITY THAT WE'RE LOOKING AT.
WE ARE STILL LOOKING AT $6.4 MILLION IN, UH, ECONOMIC IMPACT AND MONEY BEING SPENT HERE LOCALLY AND OVER 20,000, UH, HOTEL NIGHT STAYS.
UM, NOW AS I SAID, WE'VE SORT OF ADJUSTED THIS BACK A LITTLE BIT, RIGHT? SO IF WE WANTED TO, IF WE, AND, AND PART OF THE REASON FOR THAT IS TO GET A CASE STUDY, RIGHT? SO LET'S MAKE SURE WE GET THAT $6.4 MILLION, LET'S RIGHT SIZE THE FIELDS.
IF WE WANT TO EXPAND TO A LARGER VENUE, WHICH IS WHAT THEY DID IN THE WOODLANDS, THEN YOU'RE GONNA BRING IN THAT $12 MILLION LINE, WHICH IS A INTERNATIONAL TOURNAMENT, RIGHT? AND I WANNA HIGHLIGHT SOME OF THESE THINGS.
THE OPERATORS THAT WE'RE TALKING TO ARE NOT RECRUITING, PULLING LOCALLY, THIS OPERATOR'S PULLING AND RUNNING INTERNATIONAL TOURNAMENTS WITH TEAMS FROM EUROPE AND SOUTH AMERICA THAT ARE SPENDING THE MONEY TO COME HERE AND STAY HERE.
UM, BUT I WOULD REC, MY RECOMMENDATION IS TO NOT GO WITH SOMETHING LIKE THAT OUT OF, OUT OF THE GATE.
LIKE, LET'S MAKE SURE IT WORKS.
WE HAVE ROOM BUILT INTO OUR PLAN SINCE WE'VE CHANGED THE PLAN.
WE HAVE ROOM BUILT IN WHERE WE CAN EXPAND, BE IT SOCCER, BE IT BASEBALL, OR ANY OF THE OTHER VENUES THAT WE DECIDE, UM, WHEN WE TALK ABOUT BAYOU VILLAGE, RIGHT? UM, AND A FINANCIAL ADVISOR BEING UP HERE, UH, I I, I CAN'T SKIP THE ROI, RIGHT? UM, SO WHEN WE LOOK AT, UM, WHAT IS THIS GONNA BRING IN SALES TAX, RIGHT? ON PHASE ONE, WE'RE ESTIMATING $213,000 ON SALES TAX.
SO I'M SURE THE QUESTION'S GONNA BE, HOW DID YOU GET TO THAT NUMBER? WELL, WE HAVE THE, THE QSRS AND THE RETAILERS, UM, THAT COLLABORATES LINED UP.
I TOOK LIKE BUSINESS CURRENTLY OPERATING HERE IN DICKINSON, AND I TOOK THREE OF THOSE AND THEN CAME UP WITH IT WITH, WITH A MEAN, AND I APPLIED THAT MEAN, UM, TO EACH OF THE, UH, PROPOSED BUSINESSES HERE AND CA AND THAT'S HOW WE ARRIVED AT THE $213,000.
UM, SAME, SAME TYPE OF EXERCISE ON PHASE TWO, ALTHOUGH, UM, THOSE RETAILERS WERE AT A POINT ON PHASE PHASE TWO, UH, WHERE WE DON'T NECESSARILY HAVE EVERYBODY LINED UP.
SO, UM, IT'S, IT'S BASICALLY THE TYPE OF AREA THAT WE'RE LOOKING AT AND THEN APPLYING THAT ESTI, THAT SAME TYPE OF EXERCISE.
UM, WHEN WE LOOKED AT WHAT'S GONNA BE INVESTED IN JUST PHASE ONE, RIGHT? THIS IS BASICALLY GOING TO BE, UM, COME OUT OF THIS, UM, WITH A 88 AND A HALF MILLION DOLLAR TAXABLE VALUE FOR PHASE ONE, UM, BASED ON THE TOTAL, AND I DID TOTAL TAX RATE.
SO THIS IS, ANYBODY CAN TAKE THAT NUMBER, GO TO GCA, SEE WHAT THE TOTAL TAX RATE IS, AND, AND GENERATE THAT CALCULATION.
UM, BUT OVER $2 MILLION IN TOTAL TAX COLLECTION.
SO THAT'S THE CITY, THAT'S THE ISD, THAT'S OUR OTHER TAX, UH, WCID, ET CETERA.
UM, I WANTED TO SHOW THAT TOO BECAUSE AS WE KNOW, OUR IS D IS GOING FOR A VADER, THEY NEED TAX REVENUE AS WELL.
AND THIS IS A PROJECT THAT WOULD CERTAINLY NOT ONLY BENEFIT THE CITY OF DICKINSON, BUT DICKINSON, ISD, WHO IS ALSO ONE OF OUR, OUR LARGEST OR NOT ONE OF, IS OUR LARGEST EMPLOYER WITHIN THE CITY, GO GATORS.
SO WHEN YOU LOOK AT PHASE TWO, SAY GO GATORS, WE'RE LOOKING AT APPROXIMATELY $350 MILLION BEING INVESTED IN, IN THIS COMMUNITY, UM, AND COMING OUT WITH THE TAX TAXABLE VALUE FOR THAT, THOSE NUMBERS SHAKE OUT TO A LITTLE OVER $8.2 MILLION.
SO TAKE THAT WITH YOUR HOT TAX AND YOUR SALES TAX.
YOU'RE TALKING ABOUT ANNUAL COLLECTIONS OF $10.3 MILLION ONCE THIS IS ALL, ONCE THIS IS ALL BUILT OUT, WHICH AS, AS COLLABORATE MENTIONED EARLIER, THIS IS MULTI-PHASE.
SO, YOU KNOW, FROM A YEAR FROM NOW, I'M NOT GONNA BE SITTING HERE WITH A CHECK FOR 10 MILLION, BUT THIS IS WHEN WE'RE ALL BUILT OUT AND ROLLING.
UM, SO IF YOU TAKE THAT AND LOOK AT YOUR ROI YOUR 10 YEAR TOTAL TAX TAX PER, PER YEAR, OVER 10 YEARS WILL HAVE GENERATED OVER A HUNDRED MILLION DOLLARS IN TOTAL TAX COLLECTIONS.
UM, ACTIVATING THE EAST SIDE IS A VERY CRITICAL ELEMENT FOR THIS.
UM, SOME OF YOU HAVE MENTIONED, UM, UM, IF YOU LOOK AT THINGS LIKE MIDTOWN IN HOUSTON,
[00:30:01]
UH, WE ACTUALLY HAD A, A GENTLEMAN THAT WAS RESPONSIBLE FOR THAT.HE WAS IN MY POSITION, UM, AND HE ACTUALLY CAME DOWN AND WE DROVE HIM THROUGH THE CITY.
AND I'VE TALKED WITH HIM HOW, YOU KNOW, HOW DID YOU ACTIVATE THAT? WHAT DID YOU DO? WHAT DO YOU THINK OF DICKINSON? AND, AND THE FEEDBACK WAS, LOOK, YOU'VE GOTTA FIND A WAY TO EMULATE ON THE EAST SIDE, WHICH YOU HAVE GOING ON, ON THE WEST SIDE.
AND WHEN WE TALK ABOUT THIS PROJECT AND WE FALL BACK UP WITH HIM, WHAT, LOOK, WHAT WE'RE LOOKING TO DO, HE SAID, PER, YOU KNOW, PERFECT, THAT'S GOING TO GIVE YOU ON THE EAST SIDE WHAT YOU NEED TO COPY THE SUCCESS MIRROR THE SUCCESS THAT WE SEE ON OUR WEST SIDE.
UM, SO IT'S GONNA DRIVE THAT TRAFFIC FROM 45.
UM, IT'S GONNA MAKE THAT DOWNTOWN OR DOWNTOWN DISTRICT, WHICH REALLY ISN'T MUCH RIGHT? AS, AS WELL AS FIVE 17 ALL ALONG THERE VERY ATTRACTIVE FOR, FOR REDEVELOPMENT, RIGHT? AND ONE OF THE THINGS I WANTED TO POINT OUT TOO, UM, IS, YOU KNOW, I RECENTLY HAD A, A NATIONAL BRAND, UH, COFFEE HOUSE THAT WAS LOOKING AT COMING TO DICKINSON.
THEY WERE LOOKING AT A DOWNTOWN LOCATION.
THEY WANTED 300 TO $500,000 TO COME IN, OKAY? AND WE'RE TALKING ABOUT A FACILITY, YOU KNOW, A A RETAILER THAT WOULD GENERATE $20,000 IN SALES TAX, MAYBE, RIGHT? NOT A GOOD ROI IF WE'VE GOT A DEVELOPMENT LIKE THIS, THEY'RE GONNA WANT TO COME IN WITHOUT INCENTIVES, RIGHT? THEY'RE 'CAUSE THAT THAT CUSTOMER BASE IS THERE BECAUSE THEY'RE JUSTIFICATION FOR THAT TYPE OF ASK WAS THE LOW TRAFFIC COUNTS.
THEY CAME, THEY ASSESSED TWO DIFFERENT LOCATIONS ALONG THE EAST SIDE AND THEY SIMPLY SAID THE TRAFFIC COUNTS AREN'T THERE.
UM, THIS WOULD WOULD CHANGE THAT, UM, BUSINESSES WILL START TO FILL IN, KIND OF ORGANICALLY FILL IN ALONG UP AND DOWN FIVE 17.
SO A LOT OF THOSE, A LOT OF THOSE LOTS THAT WE SEE THAT ARE EMPTY ALONG FIVE 17, THEY'RE GONNA START TO BE FILLED IN BY THESE RETAILERS.
IT'S ALSO THEN GONNA CREATE A DEMAND AND INCREASE PROPERTY VALUES FOR THOSE ALONG FIVE 17 AS WELL AS THE EAST SIDE IN GENERAL.
I DON'T KNOW IF YOU GUYS HAVE I MISSED ANYTHING ON ANY OF THAT? UM, SO, UM, WE'RE GONNA START THE ACTIVATION OF THE BAYOU.
THIS IS SOMETHING THAT MANY OF US HAVE TALKED ABOUT.
ANY EVENT THAT I GO TO IN DICKINSON, UM, IN THE, IN THE LAST, YOU KNOW, 18, 20 MONTHS TALKS ABOUT THE USE OF THE BAYOU AND ACTIVATING THE BAYOU, RIGHT? THIS WOULD BE THAT THAT WATER TAXI, THAT BAYOU TAXI THAT'S BEEN DISCUSSED.
THIS, THIS WOULD BE SORT OF THE FIRST STOP.
SO ON THE FAR EAST END, AND IF YOU THINK ABOUT IT, WHEN YOU'VE GOT A TEAM, IF ANYBODY'S EVER COACHED ONE OF THESE TEAMS AND YOU GOT 12 KIDS AND, AND THEIR PARENTS, AND YOU'VE GOT THREE HOURS TO KILL BETWEEN YOUR NEXT, YOU KNOW, THE GAME YOU JUST FINISHED AND THE NEXT GAME TO START, WHAT A FUN THING.
BUT TO JUMP ON THE WATER TAXI AND GO DOWN TO WHAT, WHAT I BELIEVE WILL FILL IN ALONG THE BAYOU OF SOME OTHER RESTAURANTS, UH, ALONG THE WATER.
UM, AND THEN, UM, THE EVENT, UM, THAT EVENT ATTENDEES PLUS THE WATER TAXI WILL MAKE IT MORE PALATABLE.
AS WE TALKED ABOUT THE RISKS FOR RETAILERS AND RESTAURANTS.
THOSE RETAILERS AND RESTAURANTS ARE, ARE, ARE GONNA SAY, HEY, YOU KNOW WHAT? IT, IT IS VIABLE FOR ME TO ESTABLISH MY RESTAURANT ALONG THE BAYOU BECAUSE YOU'VE GOT THAT ATTRACTION.
I'M NOT JUST BACK OFF OF FIVE 17 ALONG THE WATERFRONT HOPING SOMEBODY SEES MY SIGN AS THEY DRIVE BY IN FIVE 17.
UM, THEN THERE'S THE POTENTIAL FOR THAT CITY OWNED BOAT LAUNCH.
LIKE WE ALL KNOW WE DON'T HAVE A CITY OWNED BOAT LAUNCH AND THE COUNTY TOOK THE ONE OFFLINE THIS SUMMER DURING THE PEAK HOURS, RIGHT? SO WHAT CAN WE DO TO AVOID THAT FROM HAPPENING AGAIN, RIGHT? WELL, IF WE HAVE OUR OWN, WE CAN MITIGATE THAT RISK AS WELL.
UM, SO WHEN YOU TALK ABOUT THE BAYOU VILLAGE, IT'S REALLY THAT CATALYST POSITIVE, POSITIVELY IMPACTING THOSE, THE PROPERTY VALUES ALONG FIVE 17.
UM, IT'S ALSO, AS I, AS I MENTIONED, IT'S ATTRACTING, UM, YOU KNOW, HIGHER LEVEL OF RETAIL.
SO THESE, SOME OF THESE PROPERTY OWNERS THAT OWN THESE STRIP SHOPPING CENTERS, IF THEY WANT TO CONTINUE TO FILL OUT AND LEASE THEIR SPACES, THEY'RE GOING TO NEED TO REINVEST IN THEIR OWN PROPERTIES, RIGHT? BECAUSE THOSE RETAILERS ARE NOT GONNA COME TO SOME OF SOME OF THESE STRIP CENTERS AND SAY, YEAH, THIS IS WHERE I WANNA PUT MY BUSINESS AND INVEST MY DOLLARS WITH THAT PROPERTY LOOKING LIKE THAT.
YOU'RE GONNA, THEY'RE GONNA NEED TO CLEAN THOSE PROPERTIES UP AND IMPROVE THOSE FACADES, WHICH WILL MAKE THE, YOU KNOW, MAKE THE ENTIRE STRIP LOOK A LOT BETTER IF THEY WANT TO GET THOSE RETAILERS IN COMMAND.
THOSE HIGHER RENTS, AS WE DISCUSSED EARLIER, UM, OUR DOWNTOWN REVITALIZATION, I THINK CAN OCCUR.
'CAUSE THESE PARTICIPANTS, AGAIN, THEY ARE HERE ALL
[00:35:01]
DAY LONG, THEY'RE GONNA BE LOOKING FOR ACTIVITIES, RIGHT? SO TO THE, TO THE EXTENT THAT WE HAVE NEW SHOPS COMING IN OR ACTIVITIES OR MUSEUM THERE, THERE'S, THERE'S A PLETHORA OF WAYS THAT WE COULD GO WITH THE DOWNTOWN REVITALIZATION.AND IF WE CAN MAKE THAT DOWNTOWN ACROSS THE STREET, WALKABLE AND NICE, THEY'LL HAVE PEOPLE WALKING UP AND DOWN 'EM ALL DAY LONG.
UM,
IT HAS BEEN DIALED BACK A LITTLE BIT, UH, A LOT.
UM, BASED ON THE RESEARCH THAT WE'VE DONE.
I SENT COLLABORATE A WHOLE DA WHOLE NEW SITE PLAN, UM, THAT THEY'VE WORKED IN.
UM, AND THE STATISTICS SHOW THIS AS DEFINITELY WHEN WE TALK ABOUT HIGHEST BEST USE OF A NEW DEVELOPMENT, THE STATISTICS BEAR OUT THIS IS THE HIGHEST BEST USE TO BRING TRAFFIC ALL UP AND DOWN FIVE 17 AND REVITALIZE THAT AREA.
UM, WHEN YOU LOOK AT, AS I MENTIONED, BASEBALL, 4,000 PARTICIPANTS SOCCER, THEY'RE GONNA DRAW TWO TO 4,000 AS WELL, DEPENDING ON THE SIZE OF THE TERM.
IF YOU ADD IN, IF WE'RE, IF WE WORK SOMETHING OUT WITH THE ISD, YOU'RE TALKING ABOUT ANOTHER THOUSAND RIGHT THERE.
THAT'S A LOT OF TRAFFIC AND RETAIL AND FOLKS COMING IN FROM OUTSIDE OF THEIR AREA SPENDING THEIR MONEY HERE.
UM, SO THAT IS, MAKE SURE I HIT ALL THE POINTS.
UM, I JUST WANNA ADD, I MEAN, THAT'S A GREAT OUTLINE.
THIS IS FOR US, THIS IS AN INVESTMENT IN YOUR COMMUNITY.
AND, UH, WE'RE VERY COMMITTED.
WE'VE, WE'VE, UH, WE'VE BEEN HERE A COUPLE OF YEARS NOW.
UM, AT THE END OF THE DAY, IT REPRESENTS A LOT OF RISK FOR US.
SO IT'S A PARTNERSHIP AND WE'RE LOOKING, UH, TO YOU TO SEE HOW, HOW YOU'RE GOING TO INVEST IN YOUR OWN COMMUNITY AS WE INVEST IN THE COMMUNITY.
BECAUSE OUR RETAILERS, OUR APARTMENT PARTNERS, OUR SPORTS PARTNERS, OUR RESTAURANT PARTNERS ARE ALL GONNA WANT TO HEAR THIS STORY BECAUSE IT IS ABOUT IGNITING GROWTH.
AND I THINK WHAT YOU'RE DESCRIBING IS IGNITING GROWTH SO THAT, YOU KNOW, AS, AS THE TIDE RISES, ALL SHIPS RISE WITH IT.
AND THAT'S, THAT'S ONE OF THE REASONS ALSO WHY WE WANNA PHASE INTO THIS PROJECT.
WE WANNA GO INTO THIS FIRST 14 ACRES.
WE WANNA START WITH THE RETAIL, THEN WE WANT TO GO TO THE APARTMENTS, THEN WE WANNA BUILD SOME OF THE BIGGER RETAIL BOXES AND RESTAURANTS BECAUSE WE ALSO WANT TO SEE ARE THE HOUSES GOING TO START? ARE, ARE, IS THE DEVELOPMENT AND THE INVESTMENT IN THE COMMUNITY GOING TO CONTINUE? WE DON'T WANT TO GO INTO THIS AND SPEND, YOU KNOW, INVEST 20, $80 MILLION AND, AND THEN THE CITY NOT SUPPORT THE PROJECT.
THIS IS, THIS IS A TWO-WAY STREET.
I MEAN, WE'LL, WE'LL WE'VE ALREADY SPENT MONEY, BUT FROM THE FIRST QUARTER OF 2026, WE'LL WE'LL BE INTO THIS PROJECT, ANOTHER $2 MILLION.
SO THIS IS NOT, UH, I MEAN THIS IS A SIGNIFICANT INVESTMENT FOR US.
IT'S IN A LOCATION THAT WE'RE TAKING A LOT OF RISK AND WE'RE, WE'RE BETTING THAT WE'RE GONNA BE ABLE TO CREATE THE DEMAND TOGETHER TO BE ABLE TO MAKE THIS A SUSTAINABLE PROJECT.
SO THIS IS DEFINITELY A PARTNERSHIP.
AND, AND, AND ONE OTHER POINT THAT I DID FAIL TO MAKE IS, IS RIGHT ACROSS THE BRIDGE IN, ON THE TEXAS CITY SIDE.
UM, THEY, THEY'RE PLANNING, UM, TO GET STARTED ON A, ON A ROUGHLY A THOUSAND, UM, UNIT, UH, RESIDENTIAL COMMUNITY.
UH, AND THEN I THINK THERE'S EVEN MORE PLAN DOWN ALONG, ALONG, UM, ALONG FIVE 17 AND, AND 1 46, UH, IN TEXAS CITY THAT WE CAN ACTUALLY THEN DRAW, RIGHT? SO, SO IF YOU THINK BACK TO OUR LEAKAGE NUMBERS BEING VERY HIGH, RIGHT? WE'RE NOW GIVING THE THOSE FOLKS A PLACE TO COME TO DICKINSON TO SPEND THEIR MONEY AND WE CAN STEM THE TIDE OF SOME OF THAT LEAKAGE AND GET THEM, UH, TO, TO SPEND THEIR, THEIR RETAIL DOLLARS HERE.
UH, I JUST WANT TO REITERATE EXACTLY THAT DAVID, THAT THAT THIS IS A DEVELOPMENT THAT IS FOCUSED, IS CITIZEN-CENTRIC FOCUS.
AND THE IDEA IS TO CREATE A DESTINATION FOR NOT ONLY WITHIN THE COMMUNITY IN DICKINSON, BUT TO ATTRACT OTHER COMMUNITIES WHERE THEY DON'T HAVE THIS, THAT ARE GONNA BE ADJACENT TO US TO COME INTO THE CITY AND, YOU KNOW, INCREASE THE TAX DOLLARS THAT ARE NOT NECESSARILY ONLY NOT BEING SPENT HERE BY THE CITIZENSHIP, BUT ALSO FROM THE ADJACENT.
YOU KNOW, ONE THING, WE DO A LOT OF SPORTS.
I MEAN, WE DO SPORTS, WE DO HEALTHCARE.
ALL OF OUR PROJECTS ARE LARGE MIXED USE DEVELOPMENTS.
[00:40:02]
UH, AND WE ALL START, WE START THE SAME WAY.WE, WE, WE, WE IGNITE GROWTH WITH A CATALYST.
AND THIS 14 ACRES IS THE CATALYST THAT'S GONNA IGNITE THE GROWTH FOR THE LARGER DEVELOPMENT.
UH, JUST STATISTICS THAT, THAT WE KNOW BECAUSE WE, WE, WE RELY ON THEM AND WHY WE WERE EXCITED ABOUT YOUR RETAIL, UH, DIRECTION THAT YOU'RE GOING THERE.
THERE'S ABOUT 490,000 KIDS IN TEAM SPORTS WITHIN 120 MILE RADIUS.
AND IF YOU LOOK AT THE NUMBER OF FACILITIES AVAILABLE WITH EIGHT FIELDS, THEY'RE NOT VERY MANY.
UM, SO THAT, THAT IS ALL, ALL YOUR NUMBERS ARE ARE RIGHT ON.
AS A MATTER OF FACT, WE, WE WERE LOOKING AT ABOUT 24,000 HOTEL NIGHTS.
UH, SO WE'RE, WE'RE IN ALIGNMENT AND WE GET EXCITED WHEN WE HEAR ABOUT, ABOUT YOUR Y'ALL'S VISION ABOUT BRINGING SPORTS INTO THE COMMUNITY.
UH, I CAN GIVE YOU AN EXAMPLE BECAUSE WE, WE, UH, WE, WE PARTNER ONE OF THE LARGE SPORTS, UH, OPERATORS IN THE COUNTRY, OVER 90 FACILITIES.
AND WE JUST ARE WORKING ON A NUMBER OF PROJECTS.
BUT I JUST DID AN AUDIT 'CAUSE YOU ALWAYS WANT TO GO BACK AND SEE, AND I JUST DID AN AUDIT ON OUR PROJECT THAT FINISHED IN 2022.
IT'S, UM, IT OPENED IN 23, IT'S IN ITS SECOND YEAR.
AND WE HAD FORECASTED 18 MILLION IN ECONOMIC DEVELOPMENT FOR EIGHT FIELDS THAT THAT DOUBLED INTO 16 VOLLEYBALL COURTS.
AND THE TOTAL, THIS IS AUDITED ECONOMIC DEVELOPMENT WITH THE CITY OF BRYANT, WE'RE NOT EVEN FINISHED WITH THE YEAR YET IS 32 MILLION.
JUST TO GIVE YOU AN IDEA ABOUT THE IMPACT SPORTS CAN HAVE IN A COMMUNITY WHEN IT'S MIXED USE WITH EVERYTHING ELSE.
AND JUST SOMETHING ELSE I JUST WANTED TO POINT OUT, RIGHT? I HAVE ONE SET OF HOTEL NUMBERS, THEY HAD ANOTHER.
SO UNDERSTAND THAT I'M, I'M, I'M VERY MUCH A TRUST BUT VERIFY I'M GONNA DO MY OWN RESEARCH, RIGHT? AND, AND I WORK VERY CLOSELY WITH THEM SAYING, HEY, I'M COMING UP WITH THIS, YOU KNOW, WHAT NUMBER ARE YOU COMING UP WITH? AND, AND WE TALK ABOUT THE DIFFERENCES.
BUT YOU KNOW, WHEN YOU LOOK AT, AS I MENTIONED EARLIER, SEVERAL CASE STUDIES, BIG GRANDIOSE DEVELOPMENTS WHERE CITY SPENT 120 TO $250 MILLION AND WENT BANKRUPT, ONE WENT BANKRUPT AND ACTUALLY UNDER A YEAR, RIGHT? 'CAUSE THEY TRIED TO MANAGE IT BECAUSE THEY WERE USING NUMBERS THAT WEREN'T, WEREN'T NECESSARILY NECESSARILY CORRECT.
SO IT'S IMPORTANT FOR US, YOU KNOW, FOR US TO, TO BE DILIGENT, WHICH I'VE DONE AND RESEARCHED, UH, ALL THOSE CASE STUDIES, ALL THOSE EXAMPLES I HAVE CALLED OTHER, OTHER CITIES WITH SIMILAR TYPE OF FACILITIES THAT WE'RE TALKING ABOUT.
AND I'VE ASKED THEM, HOW'S IT GOING? IT'S GOING WELL.
WHY'S IT GOING WELL? 'CAUSE YOU HAVE AN INDEPENDENT OPERATOR, OKAY? WHY IS IT NOT GOING WELL? ARE YOU'RE TRYING TO MANAGE IT YOURSELF? OR YOUR MAINTENANCE COSTS ARE ARE $400,000 INDEPENDENT OPERATOR? WHAT ARE YOUR MAINTENANCE COSTS? UH, LITERALLY ASKED THAT QUESTION.
I TALKED TO A FOUR FIELD VENUE IN ANOTHER CITY THAT WAS SPENDING $300,000 A YEAR ON MAINTENANCE, WENT AND TALKED TO AN INDEPENDENT OPERATOR THAT WAS AT A 12 FIELD FACILITY WITH BATTING CAGES AND THREE DIFFERENT CONCESSION STANDS.
I SAID, BOY, WHAT IS YOUR MAINTENANCE COSTS HERE EXPECTING A, A BIG GIANT NUMBER? UM, AND HE SAID, WELL, WE HAVE IT DOWN TO A SIGN.
SO MY, MY MY LEASE EQUIPMENT, FERTILIZER, PAYROLL, EVERYTHING, I HAVE $180,000.
AND I SAID, WOW, THAT IS MUCH, MUCH LOWER THAN SOME OF THE CITIES I'VE SPOKEN WITH.
HE SAYS, WELL, LOOK, WE'VE GOT IT DOWN TO A SCIENCE.
LIKE WE HAVE A PARTICULAR PROCESS.
I HAVE INVESTORS THAT I HAVE TO REPORT TO, AND THERE'S A CERTAIN AMOUNT OF REVENUE I NEED TO PASS UP THE CHAIN.
THIS IS WHAT WE DO FOR A LIVING.
WE'VE WORKED WITH CITIES ACROSS, ACROSS THE COUNTRY AND HE SAID QUITE QUITE FRANKLY, CITIES ARE NOT GREAT AT RUNNING A FOR-PROFIT BUSINESS.
WHERE WE, WE ARE, THIS IS WHAT WE DO AND WHY WE EXIST.
THIS IS OUR DAY JOB AND NOT OUR SIDE JOB.
AND THIS IS WHAT OUR FOCUS IS.
SO WHEN, WHEN CITIES TRY TO DO THIS WITH THEIR PUBLIC WORKS, IT JUST STRETCHES THEIR PUBLIC WORKS OVERHEAD, IT STRETCHES THEIR PUBLIC WORKS STAFF WHERE WE CAN BRING THIS IN AND THESE FOLKS ARE WILLING TO SIGN LONG-TERM LAND LEASE AGREEMENTS AND THE MAINTENANCE IS ON THEM.
AND, AND, AND BASICALLY WE WILL SIGN THAT LEASE AGREEMENT, MAINTENANCE AND OPERATION IS NOW THEIR PROBLEM.
UM, SO ANY OTHER POINTS THAT I MISSED GENTLEMEN? MR. CAREY? I KNOW WE'VE TALKED, SPOKEN ABOUT THIS A LOT.
ANY KEY THINGS THAT I MIGHT'VE MISSED? NO, I THINK YOU HIT IT ALL, DAVE.
SO I'LL SAY THE, THE ONE BIG DIFFERENCE, RIGHT? 'CAUSE I WAS NOT SUPER PUMPED ABOUT THE INITIAL BAYOU VILLAGE PROJECT AND WHEN Y'ALL PRESENTED THIS TO ME JUST TO SAY, HEY, WHAT DO YOU THINK ABOUT THIS? ONE OF THE THINGS I GOT MOST EXCITED ABOUT IT IS WE'RE NOT PARTNERING WITH OURSELVES.
WE ARE NOT RUNNING THE FACILITIES IN ANY, THE FACT THAT THERE IS A FOR-PROFIT COMPANY GONNA COME IN AND DO THAT FOR US,
[00:45:01]
UM, THAT THAT'S WHAT GOT ME THE MOST EXCITED.AT LEAST LOOK AT THE OPPORTUNITY.
AND, AND LIKE I SAID, THAT THAT DECISION CAME BECAUSE OF THE RESEARCH YEP.
AND, AND, AND TALKING TO, TO THOSE THAT, THAT HAVE TRIED AND FAILED.
SO LET'S GET, UM, IF Y'ALL ARE DONE PRESENTING, LET'S GET PUBLIC COMMENTS SO THEN WE CAN MAYBE GET 30 MINUTES OF EXECUTIVE SESSIONS SO Y'ALL CAN GO MORE IN DETAIL WITH EVERYBODY.
SO, UH, NUMBER, WELL, I HAVE ONE COMMENT I GUESS BEFORE WE GET STARTED.
UM, IF YOU GUYS MAY OR MAY NOT KNOW, BUT THIS IS ACTUALLY MY WHEELHOUSE.
THIS IS THE KIND OF THING THAT I DO.
UM, AT LEAST IT'S MY LIVELIHOOD AS BEING A SPORTS PHYSICIAN.
UM, AND I CAN TELL YOU, I DON'T KNOW IF THESE GUYS INDIVIDUALLY AT ALL FOR SOME WE'VE EVER SEEN 'EM, BUT THIS MODEL DOES WORK AND I'VE BEEN PART OF A TEAM, IT WAS ABOUT A DECADE AGO, BUT, UM, I'VE, I'VE SPENT PROBABLY TWO YEARS ON THE BACKGROUND RESEARCH FOR THIS KIND OF DEVELOPMENT.
AND WE WERE ACTUALLY TRYING TO BUY THE MALL, UH, THE THEN DEFUNCT MALL OF THE MAINLAND.
AND WE WERE GETTING SOME GRANTED LAND FROM TEXAS CITY.
IT WAS ABOUT A HUNDRED MILLION DOLLAR PROJECT, BUT WE GOT OVERBID ON THE MALL, UNFORTUNATELY.
SO TEXAS CITY WOULD LOOK A LOT DIFFERENT TODAY HAD WE BEEN ABLE TO EXECUTE THIS PROJECT.
UM, SO I CAN TELL YOU THAT AT LEAST HISTORICALLY THE TRACK RECORD IS THERE, UM, NOT VOUCHER FOR THESE INDIVIDUALS THAT I DON'T KNOW.
HOWEVER, THE MODEL ITSELF WORKS.
I THINK WE SHOULD NOT BE AFRAID OF IT.
AND IF THE NUMBERS DO PAN OUT THE WAY THEY SAY, I THINK IT'S GONNA BE AN ECONOMIC PLUS FOR THE CITY OF DICKINSON.
SO I JUST WANT TO GIVE MY PERSPECTIVE.
I SPENT A LOT OF TIME DOING THESE KIND OF PROJECTS AND I DO THINK THE VALUE DOES HAVE, OR THE MODEL DOES HAVE REAL VALUE.
[3. PUBLIC COMMENTS]
WE GOT PUBLIC COMMENTS.MEMBERS OF THE PUBLIC ARE INVITED TO GIVE COMMENTS AT THIS TIME, LASTING NOT LONGER THAN THREE MINUTES.
COMMENTS MAY BE GENERAL IN NATURE OR MAY ADDRESS A SPECIFIC AGENDA ITEM AND SHOULD BE DIRECTED AT THE ENTIRE COUNCIL.
NOT INDIVIDUAL MEMBERS OF COUNCIL OR STAFF.
ANY SPEAKER MAKING PERSONAL ATTACKS OR USING VULGAR OR PROFANE LANGUAGE SHALL FORFEIT HIS OR HER REMAINING TIME AND SHALL BE SEATED IN COMPLIANCE WITH THE TEXAS OPEN MEETINGS ACT.
THE CITY COUNCIL MAY NOT DELIBERATE.
AND THE FIRST ONE WE GOT IS MR. DAVID BUCHANAN.
THANK Y'ALL FOR LETTING ME HAVE A FEW MOMENTS HERE.
UM, I HAVE 42 16 SCENIC DRIVE.
MY HOUSE LITERALLY WOULD SHARE THE LITTLE ESTUARY BETWEEN THE PROPOSED PROPERTY AND MY HOUSE.
SO THE ONLY CLEAR SUNSET VIEW I HAVE FROM MY HOUSE, I WOULD BE LOOKING AT LIGHTS FROM BALL FIELDS.
I'M TOTALLY AGAINST THE PROJECT HAVING BALL FIELDS OVER THERE.
NUMBER TWO, I THINK IT'S THE WORST PLACE IN THE WORLD TO PUT A BALL FIELD THAT'S IT'S WETLANDS.
DEALING WITH WETLANDS IS A PROBLEM IN ITSELF BECAUSE THOSE ARE GONNA HAVE TO BE REESTABLISHED SOMEPLACE ELSE AT THE COST OF MONEY.
UH, AND THEN WHEN THAT FLOODS, WHICH IT WILL FLOOD, THAT'S MORE MONEY.
UM, IF YOU'RE GONNA BUILD IT UP.
WHAT ARE YOU TELLING THE REST OF US IN THE NEIGHBORHOOD WHEN YOU FLOOD US OUT AGAIN? UH, YOU KNOW, WE'VE, WE WERE HOPING THAT THERE WOULD BE MORE EMPHASIS PUT ON DOING THINGS TO CURB FLOODING OF THE BAYOU.
ALL WE'VE SEEN IS ADDITIONAL DEVELOPMENT GOING IN AND MORE PROPERTY BEING TAKEN.
THAT'S WETLANDS OVER THERE NEXT TO US.
THE WETLANDS BEHIND US OVER THERE ON THE OTHER SIDE OF THE BAYOU.
THAT'S SOME OF THE AREA THAT STILL KIND OF PROTECTS US A LITTLE BIT.
AND WE'VE GOT A QUIET NEIGHBORHOOD BACK THERE IN TROPICAL GARDENS.
AND THAT'S THE WAY WE LIKE TO KEEP IT.
WE NEED RETAIL SPACE MORE THAN ANYBODY DOES.
BUT WHAT WE DON'T NEED IS MORE APARTMENTS.
AS A CITY, WE DON'T DO A VERY GOOD JOB OF MAINTAINING OUR APARTMENTS.
I DON'T EVEN KNOW IF WE HAVE A CODE ENFORCEMENT OFFICER IN THIS TOWN OR NOT.
BUT WE DON'T DO A GOOD JOB OF MAINTAINING THINGS.
SO I DON'T THINK APARTMENTS IS THE ANSWER.
I THINK WE'RE TRYING TO GET OUR TAX BASE UP.
WE'RE TRYING TO ATTRACT MORE TAX MONEY.
WE NEED TO BE LOOKING AT SOMETHING BESIDE APARTMENTS, RETAIL ALL FOUR.
BUT I WOULD LOVE TO SEE Y'ALL RETHINK ABOUT THE BACK OF THAT PROPERTY BACK THERE AND NOT USE THAT FOR BALL FIELDS WITH LIGHTS THAT ARE GOING TO JUST CHANGE THE WHOLE DYNAMICS OF OUR NEIGHBORHOOD OVER THERE.
I'M CURRENTLY HAVE POSTPONED A MAJOR RENOVATION IN MY HOME BECAUSE OF THIS.
BECAUSE IF THIS GETS APPROVED, I'M SELLING AT WHATEVER I PAID FOR, WHATEVER I CAN DUMP AT BAR, 'CAUSE I'M NOT LIVING HERE, I WILL MOVE OUTTA DICKINSON.
THAT'S KIND OF WHERE I'M AT AS A CITIZEN.
WE WANNA DO THINGS AND PROVE THINGS.
I'M READY TO PUT MONEY IN, INVESTED IN MY HOME.
[00:50:01]
MY PROPERTY VALUES HAVE GONE UP THREE TIMES SINCE I BOUGHT MY HOUSE FIVE YEARS AGO.THREE TIMES WHAT THE, THE ORIGINAL VALUE WAS, OR AT LEAST ATTEMPTED TO.
UH, BUT BECAUSE IT HASN'T BEEN REMODELED, WE'VE BEEN ABLE TO CURB SOME OF THAT.
IT'S NOT GONNA GO UP, IT'S GONNA GO THE OTHER WAY.
JUST NEED YOUR FINAL COMMENTS.
YOU GOT THIR, WE'RE RIGHT AT THREE MINUTES.
I'VE COACHED AND EVERYTHING FOR 28 YEARS.
MY GRANDKIDS ARE DOING IT NOW.
LOOK AT FIELD OF DREAMS IN LEAGUE CITY.
AND, UH, I WILL SAY THE, THE ONLY CON THE FIELD OF DREAMS WHEN THAT'S ACTUALLY PART OF OUR CASE STUDY OF WHY THIS MAKES SENSE IS BECAUSE THE CITY WANTS NOTHING TO DO WITH ACTUALLY RUNNING THOSE FIELDS.
SO THIS IS NOT SOMETHING THAT US AS A CITY ARE GETTING INVOLVED WITH.
THIS IS SOMETHING THAT A PRIVATE COMPANY WANTS TO DO.
UM, SO WE'RE NOT RUNNING THE FACILITY WITH THIS SITUATION IS WHAT THEY'RE PRESENTING.
UM, ALRIGHT, NUMBER TWO IS WES CORDELL.
THANK YOU, UH, LADIES AND GENTLEMEN FOR, UH, HAVING THIS THIS AFTERNOON.
WE HAVE THREE CHILDREN, KEATON AND CONNOR AND JOEL THAT LIVE IN DICKINSON, TEXAS.
UH, WHEN WE MOVED BACK TO DICKINSON IN 2018, OUR, THE REASON WE CHOSE DICKINSON WAS THE BAYOU.
EVERY OPPORTUNITY WE GET, WE GO TO THE BAYOU, UM, FISH, KAYAK, WHATEVER IT IS.
AND SO IT'S A HUGE, IT WAS A HUGE DRAW FOR US, UH, TO COME BACK TO DICKINSON.
UH, WHEN YOU LOOK AT LIKE BUFFALO BAYOU DOWNTOWN HOUSTON AND WHAT THEY'VE BEEN ABLE TO DO WITH THAT.
UM, WHEN I FIRST HEARD ABOUT THIS, I WAS LIKE, MAN, THAT IS AWESOME.
THAT IS, WE, WE DRIVE TO BUFFALO BAYOU TO GO EAT OUR, OUR THREE MAIN STAPLES HERE IN DICKINSON, UH, ARE YOU GUYS MENTIONED IT EARLIER, TJ REED'S.
WE LOVE THE NEW ORLEANS STYLE LOOK OF MARAIS.
THEY'RE, THEY'RE AN INCREDIBLE RESTAURANT, BUT EVERY TIME MY FAMILY WANTS TO GO, WE GO SOMEWHERE ELSE.
AND, AND WE'VE BEEN, YOU KNOW, GOING, HEY, WHAT, IT'D BE AWESOME IF THE CITY COULD DO SOMETHING WITH THE BAYOU TO BRING, YOU KNOW, REVENUE, BRING RESTAURANTS HERE.
UM, SO THAT WAS THE FIRST THING.
AND THEN SECONDLY, UM, UH, I'LL TELL YOU, UH, I, THOSE THREE CHILDREN I JUST MENTIONED ARE PART OF THAT 490,000.
WE ARE GOING TO THAT FACILITY IN AGGIELAND THIS WEEKEND.
WE ARE DRIVING ALL THE WAY TO AGGIELAND FOR A BASKETBALL TOURNAMENT.
WE'RE GONNA BE STAYING IN THE HOTELS AND JUST LIKE YOU GUYS PRESENTED TONIGHT, WE'RE
WE'RE GONNA BE EATING REST AT THE RESTAURANTS.
I MEAN, AND YOU KNOW WHO WE'RE GONNA PLAY.
WE'RE PLAYING A TEAM FROM DICKINSON
WE, WE, WE DRIVE TO THE NORTH SIDE OF HOUSTON FOR MY DAUGHTER'S VOLLEYBALL.
AND YOU KNOW WHO WE PLAY A TEAM FROM DICKINSON.
WHY ARE WE DRIVING AN HOUR AND A HALF OVER HERE TO PLAY VOLLEYBALL? UH, WHEN WE PRACTICE WITH EACH OTHER IN THE SAME FACILITY IN DICKINSON? WHY AREN'T WE PLAYING IN DICKINSON? SO THIS, THIS PROJECT THAT WAS PRESENTED TONIGHT, UM, IS VERY EXCITING TO MY FAMILY.
AND I, UH, WE WOULD BE A HUNDRED PERCENT IN SUPPORT OF IT AND, AND, UH, YOU KNOW, WE WOULD, WOULD BE, YOU KNOW, ASKING, YOU KNOW, I DON'T KNOW HOW IT ALL WORKS, BUT, YOU KNOW, TO VOTE YES OR WHATEVER FOR IT.
BUT, UH, UH, I DO SAY, YOU KNOW, I WANNA SAY LAST COMMENT HERE.
I APPRECIATE LADIES AND GENTLEMEN, ALL YOU GUYS DO FOR OUR CITY.
I KNOW Y'ALL HAVE VERY DIFFICULT JOBS.
UH, I'M SURE Y'ALL GET BOTH SIDES OF EVERYTHING.
UM, BUT UH, I PRAY GOD BLESSES YOU GUYS AS Y'ALL WORK YOUR WAY THROUGH THIS AND, UH, WISH YOU GUYS THE BEST.
WE GOT, UH, THE NEXT IS, IS IT, UH, BARBARA INGER? I GOT IT RIGHT.
I DO WORK FOR BAY AREA HOUSTON ECONOMIC PARTNERSHIP.
HELLO MAYOR, CITY COUNCIL MEMBERS AND EDC BOARD MEMBERS.
I WANNA THANK YOU FOR YOUR CONTINUED PARTNERSHIP WITH OUR ORGANIZATION AND I DO APPRECIATE THE OPPORTUNITY TO SAY A LITTLE SOMETHING ABOUT THIS PROJECT, THE EAST DICKINSON DEVELOPMENT PLAN, THIS MIXED USE DEVELOPMENT, UM, DOES HAVE A REALLY BIG POTENTIAL FOR ECONOMIC IMPACT.
AND I'D LIKE TO, A LOT OF OUR COMMENTS WILL ECHO WHAT DAVE HAS ALREADY TOLD Y'ALL THIS EVENING.
UH, THE SPORTS FIELD WOULD BRING, UH, FAMILIES HERE TO WATCH THE YOUNG PEOPLE PLAY.
THEY'RE ALL GONNA NEED FOOD, LODGING, AND THEN THEY'RE STILL GONNA SPEND MORE MONEY AFTER ALL.
YOU KNOW, A LOT OF PEOPLE, UM, JUST LIKE THE GENTLEMAN THAT SPOKE, THEY GO OUT OF TOWN SOMETIMES EVERY WEEK, EVERY OTHER WEEK, UH, DURING THE HIGH SEASON OF THE TOURNAMENTS AND THEY'RE, IT'S LIKE A VACATION FOR THEM.
[00:55:01]
MONEY LIKE THEY'RE ON VACATION BECAUSE THAT'S WHAT THEY'RE DOING.SO IT'S REALLY A PROJECT LIKE THIS IS WHAT I WOULD SAY IS SPORTS TOURISM AT ITS BEST.
IT'S BRINGING FAMILIES POSSIBLY FROM ALL OVER THE COUNTRY AND INJECTING DOLLARS INTO THE LOCAL ECONOMY AND GENERATING TAX DOLLARS FOR YOUR CITY.
AND WHILE THEY'RE HERE, UH, THEY'RE GONNA BE CHECKING OUT TO SEE WHAT ELSE THEY CAN DO WHILE THEY'RE IN THE AREA.
THEY'RE GONNA HAVE A LITTLE BIT OF FREE TIME AND DO AND PROBABLY DOING THEIR HOMEWORK BEFORE THEY COME.
AND, UH, THEY MAY SPEND MORE TIME IN DICKINSON, BUT THEY'RE ALSO GONNA SPEND IT, YOU KNOW, IN THE REGION.
UH, THEY MAY GO TO SPACE CENTER HOUSTON FOR THE DAY OR DOWN TO GALVESTON, BUT AGAIN, THEY'RE GONNA TAKE ADVANTAGE OF WHAT THERE IS IN THE AREA TO DO.
SO IT BECOMES A BOOST FOR BOTH LOCAL AND REGIONAL ECONOMIES.
AND WE ARE SEEING A LOT OF GROWTH IN OUR INDUSTRY CLUSTERS RIGHT NOW.
SOME KIND OF, UH, LITTLE BIT OF A, UH, A NEW INJECTION.
WE HAVE, FOR INSTANCE, WE HAVE A LOT OF, UH, INTEREST IN OUR MARITIME ACTIVITIES.
SO WE'RE GOING TO HAVE A LOT OF NEW WORKERS IN THE AREA.
UM, ONE OF THE MARITIME PROJECTS IS IN GALVESTON.
WELL, THEY CAN'T ALL LIVE IN GALVESTON.
SO THIS MULTIFAMILY PROJECT MAY BE PERFECT FOR THE WORKERS TO LIVE HERE AND THRIVE RIGHT HERE IN DICKINSON.
AND SO WE CAN PROVIDE THE HOUSING THAT'S NEEDED, ESPECIALLY RIGHT ALONG 1 46 CORRIDOR, WHICH IS A STRAIGHT SHOT TO GALVESTON IF THEY CHOOSE TO WORK THERE.
SO I THINK THIS IS AN AMAZING OPPORTUNITY AND A GREAT INVESTMENT FOR YOUR COMMUNITY.
ALRIGHT, SO THAT IS THE LAST OF OUR PUBLIC COMMENTS, WHICH THIS WILL TAKE US NUMBER FOUR,
[4. EXECUTIVE (CLOSED) SESSION(S)]
WHICH IS EXECUTIVE CLOSED SESSION.SO WE WILL CLOSE IT DOWN AT 6 27 AND, UH, WE'LL BE BACK AFTER WE'RE DONE.
BRINGS US BACK OPEN AT SEVEN 10.
AND THEN, UH, WHICH BRINGS US TO ADJOURNMENT.
SO WE'LL GO AHEAD AND ADJOURN THE, OR NO ACTION
[5. ACTION ITEMS FROM EXECUTIVE (CLOSED) SESSION(S)]
NEEDED.UM, SO BREAKS US TO SIX WAS ADJOURNMENT.