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Ord 2022-080/approving the 2022 Annual Service Plan Update for the Whisper Public Improvement District
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Ord 2022-080/approving the 2022 Annual Service Plan Update for the Whisper Public Improvement District
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10/26/2022 10:47:02 AM
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10/26/2022 10:32:34 AM
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City Clerk - Document
Ordinances
City Clerk - Type
Approving
Number
2022-80
Date
10/3/2022
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LOT AND HOME SALES <br /> Residential Use Parcels <br /> Per the Quarterly Reports dated March 31, 2022, there are 581 expected Lots at final plat with <br /> 277 Lots owned by 135 Residential, 116 Lots closed to homebuilders and 188 closed to end-users. <br /> 116 Lots are currently under construction. <br /> See Exhibit D for Buyer Disclosures. <br /> Commercial Use Parcels <br /> Per the Quarterly Reports dated March 31, 2022 of the 16 non-single family residential parcels, <br /> 6 are sold and under development. Yarrington Land, LTD. purchased 2 commercial parcels <br /> constituting 111.930 acres in Tract #1 prior to 2003, Tract #1 parcels were reallocated into 2 <br /> commercial parcels and 2 multi-family parcels in 2021. Yarrington Land, LTD. sold 2 multi-family <br /> parcels constituting 23.79 acres to GS & MJ Capital Investments, LLC in 2021. Whisper Industrial <br /> QOZB 2019, LLC purchased Tract#2 comprising of 16.52 acres in 2019. Whisper Industrial 2019 <br /> QOZB, LLC sold this parcel to GS Whisper Building 1, LP and GS Whisper Building, 2 LP (Greystar) <br /> in December 2021.W2 Real Estate Partners purchased Tract#6 comprising of 14.25 acres in 2019. <br /> Mission DG purchased Tract #7 comprising of 9.39 acres in 2019. Both Tracts #6 and #7 will be <br /> multi-family residential developments. US Real Estate Limited Partnership purchased Tract #5 <br /> and a portion of Tract #4 comprising of 71.122 and 18.224 acres in 2020. CLX Ventures LLC <br /> purchased 16.36 acres of Tract #4 in 2021. Whisper II Property Owner, LP (Greystar) purchased <br /> 27 acres of Tract#4 in 2021. Whisper Industrial 2021 QOZB, LLC. purchased 12.86 acres of Tract <br /> #4 in 2022. Whisper Properties LLC. purchased 1.525 acres in Tract#4 in 2022. WGC Fortuna LLLP <br /> purchased Tract#4 comprising of 18.809 acres in 2022. <br /> WHISPER PID 2022 ANNUAL SERVICE PLAN UPDATE 4 <br />
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