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Home My WebLink About1415-PDATE: July 20, 1998 TO: Planning Commission and City Council FROM: Stephen C. Richardson, Planning Director SUBJECT: Request for a specific use permit to allow a financial planning and brokerage office in an RM-H (Residential Multiple Family Dwelling -Highest Density) District, FILE: 1415-P STAFF REPORT Mr. Tim C. Satre wishes to open a branch office of Investment Management and Research, Inc. (IM&R), a subsidiary of Raymond James Financial, Inc. (RJF). The companies are located in every state in the Union. Mr. Satre will provide financial advice and products to individuals and to small businesses. He will employ three persons including himself He presently has an office on Dowlen Road and sees 4-5 clients a day. He is open 8 a.m. - 4:30 p.m. Monday - Friday. The neighborhood presently is made up of mixed land uses, including a credit union, apartments, churches, retail businesses, residences and a residential care facility. Eastex Freeway lies 450 feet to the northeast. This application for a specific use permit is in compliance with the Comprehensive Plan. If the specific use permit is approved as submitted, a modification to the screening/landscaping requirements will need to be granted. Exhibits are attached. PUBLIC NOTIFICATION Notices mailed to property owners 10 Responses in Favor . Responses in Opposition LEGAL DESCRIPTION FOR ORDINANCE PURPOSES Being Tax Roll Tract No. 109, Plat D-22, F. Bigner Survey, Ab-1, Beaumont, Jefferson County, Texas, said Tr. 109 being out of Block I of the Harvey Collier Addition, said tract containing 0.92 acres of land, more or less. TIM SATRE Financial Advisor Affiliated with Raymond James & Associates, Inc. Member New York Stock Exchange May 28, 1998 To: Planning Division, Room 210 Re: Specific Use Permit Application Tract 109 Plat D22 Survey F. Bigner '.92ac 4184 Treadway Rd Beaumont, TX This is a letter to describe all processes and activities involved with the proposed uses, Proposed Use: Financial Planning and Full Service Brokerage Office, For a list of products and services see attached letter titled Raymond James Financial, Inc, The office if part of the Investment Management & Research, Inc. Subsidiaries of RJF. On the reverse side you will see the locations of other IM&R offices located nationwide. We provide financial advice and products to individuals and small businesses. At this location I anticipate a total of three employees including myself. The level of traffic that we have at our current location at 7060 Phelan Blvd #102 is approximately 4-5 appointments a day. We meet with clients to discuss financial matters in an office setting. Many of our appointments are at our clients place of business or home. We do not accept cash and keep no securities or checks overnight. Our business hours are from 8:00 AM to 4:30 PM. We have UPS or Federal Express delivery daily. I do not anticipate any traffic or activity after 6: 00 PM, On occasion I or an employee may work late as the business requires. All this activity will occur inside the building. No outside activity will occur except for regular lawn care and property maintenance. We plan to put a non electric sign on the building illuminated by one light at night. Thank you your consideration and let me know if you have any questions. �Si .ere , Tim Xatre 14-15- I SUBSIDIARMS: I NASD Broker/Dealer Member SIPC 501 offices - 1115 Financial Advisors ANNUITIES Fixed/Variable Single Premium ASSET' MANAGEMENT Balanced Equity Fixed' -Income International Value BONDS Convertible Corporate Municipal Zero Coupon CMOs CASH MANAGEMENT Check Writing Margin Accounts VISA Tm Gold Debit Card Year -End Summary CERTIFICATES OF DEPOSIT NYSE Broker/Dealer Member SIPC 640ffices - 501 Account Executives DAILY SWEEP ACCOUNTS GOVERNMENT SECURITIES, Treasury Bills Treasury Bonds Treasury Notes GNMAs INSURANCE Individual & Group Life Disability Health INVESTMENT BANKING Mergers/Acquisitions Initial Public Offerings Secondary Offerings Underwitings, LIMITED PARTNERSHIPS Public & Private Secondary Market Equipment Leasing Real Estate: MARGIN ACCOUNTS MONEY MARKET ACCOUNTS Check Writing MUTUAL FUNDS OPTIONS RESEARCH RETIREMENT PLANS Administration & Design Defined Benefit Defined Contribution Custodial Services 401 (k)s IRAsISEPs. Money Purchase Profit Sharing SIPC PROTECTED ACCOUNTS STOCKS Listed Over -the -Counter TRUST SERVICES UNIT INVESTMENT TRUSTS Awed & Associates, Inc. Investment Advisory Services Raymond James Trust Company Carillon Asset Management, Inc. Planning Corporation, of America RJ Properties, Inc. Eagle Asset Management, Inc. Raymond James Mortgage Capital, Inc. Robert Thomas Securities, Inc. Heritage Asset Management, Inc. Raymond James Bank, FSB Sound Trust Company #1206 5/96 '•w ,ocadon: readway at Collier Toad attersection. SCALE s ` � ... r 0 � � , v ,� •ate �. GC 0 io COLLIER lz ,w �r a IG .,,�. iaa 4 • j I+ILE 14I -�' .R"I st for a 5Spec-ifie Usc Po •• t.to alto a f`snancialplan�g and brollierage NORTHonce i i an existing resideuce hi an RNi-H District. T I T , �4c -, 4 A) �7- (�AR f m C, A CC1755. &Tizoarvwd) N 4Aaaa 7mr--cr- , . r 77D1Tff ALL' N3 '5cadr- 7TcZ1CK 10c) OF F 131,9NOZ 5L)RVE-Y F"IVT OF BL6CIZ J IN 7;" 1--1,1112VY COLLI,5�Z ADD. PLA T L) - 2 2 -.�3E,4 ZIMOM T, JFF),r- Col) 7F/Ylp 5 XT , 1"dl"- -A"4 v it ANALYSIS CONDITIONS FOR APPROVAL OF SPECIFIC USE PERMIT (SECTION 30-26.E, ZONING ORDINANCE) Application Application is in is not in Compliance Compliance CONDITIONS: 1. That the specific use will be compatible with and not injurious to the use and enjoyment of other property, nor significantly diminish or impair property values within the immediate vicinity; 2. That the establishment of the specific use will not impede the normal and orderly development and improvement of surrounding vacant property; 3. That adequate utilities, access roads, drainage and other necessary supporting facilities have been or will be provided; 4. The design, location and arrangement of all driveways and parking spaces provides for the safe and convenient movement of vehicular and pedestrian traffic without adversely affecting the general public or adjacent developments; 5. That adequate nuisance prevention measures have been or will be taken to prevent or control offensive odor, fumes, dust, noise and vibration; 6. That directional lighting will be provided so as not to disturb or adversely affect neighboring properties; 7. That there are sufficient landscaping and screening to insure han-nony and compatibility with adjacent property; and 8. That the proposed use is in accordance with the Comprehensive Plan. x Coturnerts Attached x x x x x x x ANALYSIS continued This application is complies with seven of the eight conditions necessary for approval of a specific use permit. Comments on items 1, 7 and 8 follow: 1. This neighborhood has changed since its 1946 annexation into the City. In the 1950's, homesteads and vacant wooded tracts dominated along Treadway, Collier, Crow, Odom and North Eleventh Street. After the Eastex Freeway was completed - linked to IH-10 - and the Parkdale Mall complex began in earnest, retail development, offices and institutional uses began to proliferate along the freeway and adjacent to its fringes. In the last few years large apartment complexes were constructed along neighboring streets. Churches, care centers, Mobil Credit Union and retail centers have continued the pace in the general and immediate area. Converting the residence to a financial advisor's office on almost an acre of land will be compatible in the neighborhood. 7. An Ttall solid screening fence and a 10landscape buffer are required along the north and south sides of the subject property. The site plan shows an 8' privacy fence and landscaping along approximately 58' of the north property line and the same along approximately 105' of the south property line. The rear of the property is proposed for future development. The applicant is requesting a modification to the landscaping and screening requirements as per the site plan, 8. This Neighborhood Growth Unit ties only 50 feet from an Activity Corridor which extends 400 feet along U. S. Hwys. 69, 96 and 287, and is heavily influenced by the activity and traffic generated by the freeway. A professional office is a good buffer between retail and high density residential uses. GENERAL INFORMATION/PUBLIC UTILITIES APPLICANT. PROPERTY OWNER: STATUS OF APPLICANT: LOCATION: EXISTING ZONING: Tim C. Satre Margaret Livingston Prospective buyer 4184 Treadway at Collier RM-H (Residential Multiple Family Dwelling - Highest Density) District PROPERTY SIZE: 0.92 acres GENERAL INFORMATION/PUBLIC UTILITIES continued EXISTING LAND USES: Frame residential structure FLOOD HAZARD ZONE: "C" - Minimal flood hazard SURROUMING LAND USES: SURROUNDING ZONING: NORTH: Residence, vacant tract for sale, RM-H & GC -MD (General Commercial -Multiple Family Mobil Credit Union Dwelling) District EAST: Rear of "Best Buy" retail site fronting GC -MD fastest Freeway SOUTH: Land Manor residential care facility, RM-H apartments WEST: Residences, apartments RM-H COMPREHENSIVE PLAN: Neighborhood Growth Unit OTHER PHYSICAL FEATURES: None STREETS: Treadway Road, a residential street with a 60' WATER: SANITARY SEWER SERVICE: FIRE PROTECTION: ADEQUACY OF SERVICE: right-of-way and an 18'pavement, Open ditches along the street and culverts crossing under Treadway. There is a 8" water line in Treadway. There is a 21 " sanitary sewer in Treadway. Fire protection is provided by Station #4, W. Lucas at Gladys. Services and utilities are adequate. Pavement width is substandard for existing traffic.