Senior Housing or Alternative P3 Project Texas A&M San Antonio - - PowerPoint PPT Presentation

Senior Housing or Alternative P3 Project

Te Texas A&M Uni niversi sity y – San An Antonio

Texas A&M – San Antonio

• 10 Year Anniversary this year – 2019
• Among fastest growing universities in Texas
• From 2015-2018, enrollment has grown by

45.5%

• Fall 2018: 6,640
• Projected by Fall 2022: 10,000+

Key needs

• Grow Academic Programs
• Enhance on-campus Student Engagement & Student Life
• Launch a catalyst for research
• Strengthen A&M System in San Antonio
• Create Community Centers

Federal Opportunity Zone Legislation

• Create P3 projects, that:
• Support the University’s strategic plan
• Attract institutional investment Funds

Opportunity Zones

Texas A&M-SA (700 acres)

Opportunity Zones

• 2017 U.S. Tax Reform
• Opportunity Zone designations
• Incentive for taxpayer investment-some with tax free income
• Qualified Opportunity Fund (QOF)
• Capital Gains recognized on or before Dec 31, 2019
• Deferred through Dec 31, 2026, tax liability reduced by 15%
• Capital Gains recognized on or before Dec 31, 2021
• Deferred through Dec 31, 2026, tax liability reduced by 10%
• If Capital Gains held in fund for more that 10 years, no taxes on new capital

gains

Why QOFs are important

• Incentives for real-estate development
• Verano property north of the campus is still undeveloped
• The campus has been described as “in a desert”
• Few services available locally
• Catalyst for private investment in the campus, but limited shelf life
• Impetus for development of housing, dining, recreation, athletic, and

service needs at an accelerated pace

• Research infrastructure enabler

The A&M–SA Campus Original Footprint

Original Campus with Verano Development

A&M-SA Campus Today

The A&M–SA Campus Master Design

Jaguar Parkway

P3 Projects

• Senior Housing or Alternative
• Goal is to build community in an area that has very little
• City research shows large senior population that would live in senior-focused housing on

Southside if safe, secure, and affordable

• We are interested in active living seniors
• Should include academic space for interaction with University academic community
• A&M-SA has researchers focused on elderly active living

12

TAMUSA CAMPUS PLAN

Jaguar Prkwy

Academic / Admin Building, Phase 1 (Under construction)

CAMPUS: 2019

Esperanza Hall

TAMUSA CAMPUS PLAN

Domestic Water

SENIOR HOUSING INFRASTRUCTURE REQUIREMENTS

10.0 Acres 13.0 Acres 39.0 Acres

Gas Line

• 1. Extend Jaguar Parkway East to railroad

tracks (above in pale blue)

• 2. Build new road to East, South and West
• f development (above in purple)
• 3. Extend domestic water, sanitary sewer,

natural gas and electric to site (to be verified by developer)

Jaguar Parkway

Sanitary Sewer Electrical Natural Gas