Minutes P&Z 05/21/1985PLANNING AND ZONING COMMISSION
TOWN OF TROPHY CLUB
TROPHY CLUB, TEXAS
MAY 21, 1985
I.B.M. PRESENTATION
PROJECT: 55 acres on Hwy. 114 and an overview of the
remainder of the development.
REPRESENTATIVES:
Mr. James A. Anderson, of Maguire/Thomas Partners. The firm
of Maguire/Thomas Partners is the development partner with
I.B.M. on the total 840 acre project, Mr. Anderson is the
Project Manager and an Architect by training.
Mr. Edward Walts II, of Strasburger and Price. The firm of
Strasburger and Price is the legal counsel for I.B.M. on this
project.
THE PROJECT PLAN:
There will be approximately 840 acres total.
Phase I - 200 acres; located immediately north and east of
Hwy. 114 and Precinct Line Road in South Lake. Phase I should
begin in spring of 1986 to be completed in January 1988.
Project will be approximately 1,000,00 square feet and 21000
employees.
Phase II - Adjacent 300 acres to the west ( in Southlake),
on north side of Highway 114. abutting the Hunt Ranch.
Phase III - Across Hwy. 114 and southwest of the intersection
of Hwy. 14 and Precinct Line Road. Acreage is approximately
340 acres. Total impact of project, if done completely as
planned, is 4,000,000 square feet and 8,000 people.
PROJECT CONCEPT - I.B.M. will have buildings and training
facilities and in addition will have other office space to be
leased by the J.V..
55 ACRES - I.B.M. has a contract from Independent American
with firm escrow money, but has not closed. Their vested
interest is to control this tract so it will not harm the
quality of their developments. The 55 acres includes the
commercial center (Stop n' Go), at J.L. King Road and runs
along Hwy 114 up to the Condos. There is some thinking that
there may be 7.9 acres in between. They came to hear our
thoughts on land -use plans for the 55 acres.
Bruce Benton