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Planning & Zoning Commission <br />September 19, 2013 <br />Page 4of 4 <br />Existing Warehouses Statistics <br />NameSite Area Building FARImprovement <br />(s.f.)(s.f.)Value ($) <br />Port Crossing Business 12,458,1604,959,5550.4040,380,398 <br />Park <br />Sens Road Business Park687,376267,5400.386,399,479 <br />Underwood Business 8,711,0003,678,5000.4235,625,767 <br />Park <br />Port Modal Business 645,786292,5000.4518,440,145 <br />Park <br />Battleground Industrial 1,228,827148,8240.123,276,688 <br />Park <br />Average Building/Improvement Value for Warehouses = $ 9.56/s.f. <br />Existing General Industrial/Light ManufacturingStatistics <br />Name/AddressSite Area Building FARImprovement <br />(s.f.)(s.f.)Value ($) <br />Sulzer Inc.–11518 Old La 1,103,12683,9200.0811,324,240 <br />Porte Road <br />Realty Income Prop.–11110 447,03022,3800.05902,185 <br />Old La Porte Road <br />Louisiana Chem.–11100554,99732,8000.06967,010 <br />SH 225 <br />Maxim Crane–401 North 100,00012,6900.12437,124 <br />th <br />16Street <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 /> <br />