Planned Unit Development
2700-master planned community in Iowa Colony, Manvel, and Alvin
Mixture of land uses:
Freeway commercial, Iowa Colony Town Center, Manvel Village Center, single family, patio homes,
town homes, multi-family, schools, church's, parks and open space
Up to 5,300 total residential units including apartments
Up to 3,520 total residential units excluding apartments
Parks, Recreation, and Open Space:
Significant preserved natural corridors along Chocolate Bayou and West Fork of Chocolate Bayou totaling
93 acres
23-acre Regional Park, thee recreation centers, numerous neighborhood parks
20+ mile trail system along bayous, canals, and easements, connecting schools, parks, and recreation centers
with pedestrain underpasses at major roads
289 acres of storm water detentionlakes amenitized for esthetics and added property values
Monumentation and quality facilities will set the standard for future
development south of State Highway 6
Seven Oaks Parkway
4.5-mile four lane boulevard
Regional connectivity between State Highway 6 at MCoy and State HIghway 288 at County Road 56
Displaces need for County mobility bond project on FM 1128 and County Road 67, which is currently underfunded
Regional Facilities
Water and sewer system can form backbone for regional facilities for each city
Regional storm water detention and flood plain mitigation more effecient than smaller individual detention
ponds
Regional park, recreation and trial facilities will serve entire region
Financing Proposals
Proposed Manvel and Iowa Colony TIRZ's for regional and master improvements
Eligible reginal and master imrpovements:
Thoroughfare and collector paving, water, sewer, and drainage
Detention and lakes
Water plants
Wastewater treatment plants
Parks, Trails, Monumentation
Manvel: Proposed 90% property tax participation 50% sales tax participation
Iowa Colony: Proposed 50% sales Tax participation
Potential County participation for both TIRZ's
Total develoment costs: $250 million
Proposed Manvel TIRZ - eligible Improvements: $95 million
Proposed Iowa Colony TIRZ - eligible Improvements: $22 million
Proposed in-City MUD's for typical neighborhood improvements
Three in Manvel
One in Iowa Colony
No MUD's currently proposed for Alvin ETJ section
In consideration of marketability of combined City and MUD tax rates, development proposals provide for
flexibility to allow shifting of eligible improvements between TIRZ and MUD
Certain MUD-eligible improvements would also be eligible to be financed through TIRZ, but actual allocation
would be made as bonds are issued depending on conditions at a time
Eligible "MUD-shifted" items would be water, sewer, and drainage facilities that serve a master or regional
purpose
