for sale - jll...for sale 136-acre parcel watters creek park highway 121 and alma road allen, texas...
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FOR SALE 136-acre parcel Watters Creek Park Highway 121 and Alma Road Allen, Texas
Conveniently located at the intersection of Plano, Allen, McKinney and Frisco Zoned: Corridor Commercial
TX-121 Alma Road
136-acre parcel
THE OPPORTUNITY
You are invited to review WATTERS CREEK PARK, a 136-acre parcel located at the intersection of Highway
121 and Alma in Allen, Texas. The development potential allows for a mixture of retail, office, and multifamily with
easy access and award winning communities on all sides. This offering presents the opportunity to create a
mixed-use development in the hottest corridor in the country.
Quickly becoming a major hub of international trade, the DFW region has capitalized upon its low cost to do business and abundance of skilled workers, bringing in corporate relocations on a regular basis, Toyota, FedEx,
Liberty Mutual, and State Farm to name a few. A majority of the buzz is occurring a short 7 mile drive down
Highway 121 at the intersection of 121 and the Dallas North Tollway. Conveniently located, Watters Creek Park is
within 7-10 minutes from eight major corporate campuses and business parks, 10 minutes of the McKinney
Municipal Airport, and 30 minutes from downtown Dallas, Love Field, and DFW International Airport.
Jones Lang LaSalle and the owners are offering this opportunity to become part of a progressive mixed-use
urban village with streetscapes designed for the kind of activity, identity and fun that induces workers, shoppers and residents to the heart of the 121 corridor.
One-Mile Three-Miles Five-Miles
POPULATION
2015 Total Population 6,100 80,011 281,895
Population 2020* 7,055 91,466 319,262
Growth 2015-2020* 18.63% 14.18% 13.62%
Average Age 33,5 33.50 34.50
HOUSEHOLDS
2015 Total House-holds
1,815 27,687 97,558
HH Growth 2015-2020*
15.87% 14.38% 13.72%
2015 Avg HH Vehi-cles
2.0 2.0 2.0
HOUSING
Median Home Value $336,856 $270,104 $233,472
Median Year Built 2006 2003 2000
*Estimates
Average HH Size 3.40 2.90 2.90
Median HH Income $155,248 $106,048 $98,296
AT&T HP Enterprise Services
Bank of America Intuit, Inc.
Baylor Medical Center JCPenney
Beal Bank Liberty Mutual
Capital One McAfee, Inc.
Children's Medical Center PepsiCo
Denbury Resources Pizza Hut
Dr Pepper/Sanpple Rent-A-Center
Ericsson State Farm
FedEx Office Texas Instruments
MAJOR AREA EMPLOYERS
Frito-Lay Toyota of North America
IMMEDIATE AREA DEMOGRAPHICS
CONCEPTUAL SITE LAYOUT
DALLAS’ NORTHERN SUBURBS ARE ONE OF THE BEST OFFICE MARKETS IN THE NATION
20 MILLION SF of DFW
relocations or expansions are being
tracked by JLL. 6 MILLION SF
of those tenants are specifically looking
in the northern suburbs for potential
location. Less than 800,000 SF
of office space is available.
OFFICE
MULTI FAMILY
ALMA ROAD
RIDGEVIEW DRIVE
136 ACRE PAR
RCEL
ADVANTAGE WAREHOUSE
FUTURE MEDICAL CLINIC
WADE PARK
One of the 50 Safest Cities in Texas—2015 The SafeWise Report
13th safest places to live in America | #1 in Texas—2015 CQ Press
#3 Best Places for Families in Texas—2014 NerdWallet
#10 of Best Suburbs in North Texas—2014 D Magazine
National Recreation and Park Association Gold Medal Award—NRPA
#2 Best Cities for First Time Home Buyers— 2014 NerdWallet
Top 10 Best Towns for Families—2014 Family Circle
Best Places to Live—2012 Money Magazine
Certificate of Achievement for Excellence in Financial Reporting—Government Finance Officers Association
Overall Excellence in Government Programming for the fifth consecutive year—National Association of Telecommunication Officers and Advisors
WHY TEXAS
Whether you live in a major metro area or in a small town, Texas is a great place to live and do busi-ness. Texas is a “right to work” state, with no corporate or individual income tax and one of the low-est tax burdens in the country. There are few states that can match the Lone Star State’s current job opportunities, growth and residential quality of life. Texas is on top of the nation’s ‘domestic migration destination’ list. Four Texas cities rank in the Nation’s top ten big cities for home ownership; three rate as the most affordable cities in the U.S., and six of the largest cities have a cost of living below the national average of 100.
WHY ALLEN
MCKINNEY SNAPSHOT
AREA MEDICAL FACILITIES Texas Health Presbyterian Medical Center of McKinney Twin Creeks Hospital Our Children’s House (Children’s Health)
HIGHER EDUCATION University of North Texas Texas A&M Commerce University of Texas at Dallas Texas Woman’s University
COMMUTE 9 miles to McKinney Airport 30 miles north of Downtown Dallas 35 miles from DFW International Airport 34 miles from Love Field RECREATION 800 acres of developed parks, 50 miles of trails 220+ Restaurants 7 Hotels Over 3,000,000 SF of shopping
ALLEN SNAPSHOT
?
?
Allen offers a friendly community with
exceptional schools, excellent city
services and a nationally-recognized
parks and recreation program. With four premier shopping destinations,
an award-winning golf course, nearly
200 restaurants, a 7,000-seat arena
with an award winning hockey
team—the city boasts something for
everyone.
Exxon Mobil At&T Energy Transfer Equity American Airlines
Group Fluor Kimberly-Clark HollyFrontier Southwest Airlines Tenet Healthcare Texas Instruments JCPenney
Dean Foods GameStop D R Horton Commercial Metals Celanese Trinity Industries Dr Pepper Snapple
Group Energy Future Holdings Alliance Data Systems Pioneer Natural
Resources
The D/FW Metroplex is an innovation hub with resources that
make it an ideal business climate. The region’s attractive quality
of life, strong regional and state economy, low cost of living,
young and skilled labor force, pro-business mind-set and
absence of corporate and personal income taxes all contribute to
the thriving D/FW location. Over the past five years, Texas
added more jobs than the other 49 states combined. Due to its
central location and world-class transportation infrastructure, the
city gives businesses the advantage of operating in the Central
time zone, providing expanded business hours across the United
States and across a majority of Canada and Mexico. Dallas’
central location within the Sunbelt region also creates substantial
cost savings for businesses with intensive travel needs and product distribution functions .The region excels in passenger air
travel and air cargo operations with the nation’s third busiest
airport, D/FW International Airport; Dallas Love Field Airport,
home to the largest domestic airline in the country; and the
world’s first fully industrial airport, Fort Worth Alliance Airport.
As reported by the Dallas Economic Development department,
the region ranks among the top three U.S. metropolitan areas for
business expansions, relocations and employment growth. D/
FW’s highly educated workforce of almost three million people is
growing quickly, providing companies with an over abundance of
talent. The population growth has fueled real estate
development, as retailers and service providers expand to meet
increasing demand. While Dallas and Fort Worth serve as the
biggest population centers, four other suburbs—Irving, Garland,
Plano, and Arlington—exceed 200,000, offering residents an
abundance of choice as they search for the community that best fits their needs.
DALLAS OVERVIEW
Toyota Toyota North America has started construc-tion on their new HQ. The move will bring 5,000 jobs to DFW, not to mention the ancil-lary companies that will follow Toyota to DFW or at least open a satellite office here. FedEx FedEx Office plans to move its corporate headquarters from Dallas to the new devel-opment in Plano known as Legacy West. The move will consolidate 1,200 employees to a single location. Liberty Mutual Boston-based Liberty Mutual Insurance plans to have 5,000 employees working on a new campus in Plano by the end of 2017.
D/FW FORTUNE 500 HEADQUARTERS
RECENT DFW RELOCATIONS
Michael Swaldi, AIA, SIOR Executive Vice President 214.438.6219 michael.swaldi@am.jll.com
Larry McCorkle Executive Vice President 214.438.6216 larry.mccorkle@am.jll.com
Nick Hayden Associate 214.438.6488 nick.a.hayden@am.jll.com
1 MILE
3 MILES
8 MILES
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