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Planning & Zoning Commission <br />September 19, 2013 <br />Page 4 of 4 <br />Existing Warehouses Statistics <br />Name <br />Site Area <br />Building <br />FAR <br />Improvement <br />s.f. <br />s.f. <br />Value <br />Port Crossing Business <br />12,458,160 <br />4,959,555 <br />0.40 <br />40,380,398 <br />Park <br />Sens Road Business Park <br />687,376 <br />267,540 <br />0.38 <br />6,399,479 <br />Underwood Business <br />8,711,000 <br />3,678,500 <br />0.42 <br />35,625,767 <br />Park <br />Port Modal Business <br />645,786 <br />292,500 <br />0.45 <br />18,440,145 <br />Park <br />Battleground Industrial <br />1,228,827 <br />148,824 <br />0.12 <br />3,276,688 <br />Park <br />Average Building/Improvement Value for Warehouses = $ 9.56/s.f. <br />Existing General Industrial/Light Manufacturing Statistics <br />Name/Address <br />Site Area <br />Building <br />FAR <br />Improvement <br />s.f. <br />s.f. <br />Value $ <br />Sulzer Inc. —11518 Old La <br />1,103,126 <br />83,920 <br />0.08 <br />11,324,240 <br />Porte Road <br />Realty Income Prop. —11110 <br />447,030 <br />22,380 <br />0.05 <br />902,185 <br />Old La Porte Road <br />Louisiana Chem. —11100 <br />554,997 <br />32,800 <br />0.06 <br />967,010 <br />SH 225 <br />Maxim Crane —401 North <br />100,000 <br />12,690 <br />0.12 <br />437,124 <br />16t' Street <br />Average Building/Improvement Value for General Industrial/Light Manufacturing = $ 4.50/s.f. <br />Recommendation: <br />Staff recommends the language of the ordinance remain unchanged for the purpose of promoting health, morals, <br />and general welfare of the City. <br />