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City and Neighborhood Description <br /> <br />The subject is located in western Paris, the county seat and the principal metropolitan area of Lamar <br />County, Texas. The city is the retail, employment, cultural and medical center for a trade area that <br />exceeds 150,000 people and includes some or all of the surrounding five counties in Texas and the <br />three counties in southeastern Oklahoma. The city had a population of 25,998 persons according to <br />the 2000 census which was a 4.8% gain in population from 1990 to 2000. The county as a whole <br />grew 10.4% to 48,499 persons over the same period. The primary growth direction of the city is east <br />and the most popular area of the county for residential rural growth is north and east. The city <br />annexed some 10,000 acres mostly to the north and east, between 1997 and 1999 and its population <br />growth was primarily due to that annexation. Paris and Lamar County have a stable economic future <br />based on the diversity of jobs in the medical, industrial, retail, and agricultural fields coupled with <br />a strong local financial base and a wide trade area. These factors insure a steady economy and a very <br />slow but positive growth much like they have experienced in the past. <br /> <br />The immediate neighborhood is defined as a two block wide corridor from{7® street on the east to <br />19th street intersection on the west. This a mixed use with commercial, retail, multi family and <br />ecclesiastical uses mixed with older single family dwellings. Zoning is mixed with Commercial, <br />General Retail, Multi Family, Two Family and Single Family in these twelve blocks. The subject <br />has a large, old, single family dwelling just east on the Bonham street frontage and in both directions <br />on Maple Avenue; there is a large automobile repair and service center and a church just south across <br />Bonham street; the church parking lot just west on Bonham street with older residential uses to its <br />north across Maple. The Hick Tire and Muffler Center and the campus of the Immanuel Baptist <br />Church are the largest land users in the immediate strip but several other churches are within three <br />blocks. The traffic count in front of the subject according to the last published survey (1999) was <br />about 7,400 cars per day. <br /> <br />The latest new construction included an ATM pad for Liberty National Bank on the corner of <br />Bonham and 19"' street and a 32 unit self storage facility in the 1800 Block of Bonham street in 1999 <br />and a complete renovation of a five bay carwash at 19'~ and Bonham in 2000. Just beyond the <br />immediate strip, a twelve unit apartment complex comprising the first phase of a 36 unit complex <br />of privately subsidized apartments was completed in late 1999 at the corner of Bonham and 25th NW <br />and seven units at Bonham and 23r`~ SW were completed in 2000. An 18 unit complex is currently <br />planned just three blocks east at 13~h NW and Bonham if financing can be arranged, and a two bay <br />fast lube is soon to be built 90' east of the subject at 17th NW and Bonham. Overall, development <br />along the strip usually lags well behind the other major highways into Paris except for SH 19, and <br />unlike the others, it is usually of mixed use. That trend should continue on the future. <br /> <br />PAT MURPHY & ASSOCIATES 7 <br /> <br /> <br />