P A RMER€¦ · PARMER IH-35 mer Ln mer Ln General Motors Austin IT Innovation Center 320,597 SF...
Transcript of P A RMER€¦ · PARMER IH-35 mer Ln mer Ln General Motors Austin IT Innovation Center 320,597 SF...
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PARMER AFFORDABLE. CONVENIENT. DESIRABLE.
Established corporate presence. General Motors, Dell, HID Global, Pearson, Samsung among others all reside in the immediate area.
Access to primary highways. IH-35, Mopac Expressway and Toll 130 are all quickly accessible from PARMER.
Extensive existing amenities. Over 2 million square feet of affordable retail amenities in the immediate area along IH-35 and Parmer.
Grandfathered 1997 development agreement. The existing site is not subject to current development restrictions, providing significant cost savings.
No public approval process. The existing LI-PDA zoning allows for a wide variety of development options that do not require additional public approval.
Ideal location. PARMER is located along Parmer Lane, Austin’s corporate thoroughfare connecting many of Austin’s largest corporate campuses, including Samsung, and Apple, from East to West.
- AFFORDABLE. INNOVATIVE. DESIRABLE.PARMER
PARMER AFFORDABLE. CONVENIENT. DESIRABLE.
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opportunity
city#1 Best City For Future Job Growth - Forbes, 2013
#1 America’s Top Boomtown- Bloomberg, 2013
#1 America’s Fastest Growing City- Forbes, 2012
#1 Small Business Growth- The Business Journals, 2013
#1 Economic Health Index- Business Journals, 2013
#2 Fastest Growing Area- U.S. Census Bureau, 2012
#2 Economic Index Rating- On Numbers Economic Index, 2013
#2 Top 50 MSA’s for Economic andJob Growth- Area Development, 2012
#2 Best-Performing Large Cities- Milken Institute, 2012
#3 Hottest American Future Cities- Business Insider, 2012
#3 Best Cities For Good Jobs- Forbes, 2013
#3 Tech Job Growth- Dice.com, 2013
#3 For Starting a Business- NerdWallet, 2013
Coming to Austin in 2014
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1 Downtown Austin - 16 minutes
2 Austin-Bergstrom Intl. Airport - 26 minutes
3 Mopac Expressway - 7 minutes
4 Manor - 14 minutes
5 Cedar Park - 23 minutes
6 Leander - 21 minutes
7 The Arboretum - 14 minutes
8 Hutto - 20 minutes
9 Pflugerville - 9 minutes
10 Round Rock - 10 minutes
11 SH 130 - 19 minutes
12 IH 35 - 1 Minute
13 Domain - 10 Minutes
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AUSTIN’S CORPORATE THOROUGHFARE
Major EmployersParmer Ln. CorridorRetail
PARMER PARMER AFFORDABLE. CONVENIENT. DESIRABLE.
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General MotorsAustin IT Innovation Center 320,597 SF1,850 Employees
DELLInnovation Center791,575 SF3,000 Employees
HIDNorth American Center of Operations220,000 SF280 Empoyees General Motors
Austin IT Innovation Center
CENTER OF INNOVATION
CENTER OF INNOVATION
DELL Innovation Center
HID Global North American Center of Operations
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PARMER IDENTITY
HOTELS1. Courtyard by Marriot2. Hilton 3. Springhill Suites 4. Residence Inn 5. Fairfield Inn
FITNESS CENTERS1. Gold’s Gym2. 24 Hour Fitness
CLEANERS1. Top Hat Cleaners
CHILD CARE1. Capital City Kids Daycare2. Crestview Preschool
PARK & RIDE
APARTMENTS Average Rent: $905/Month ($1.03/SF)
RESTAURANTS1. Zed’s Restaurant2. Little Caesars Pizza 3. Schlotzky’s4. Golden Wok Restaurant5. Subway 6. Indian Spicy Kitchen 7. Panda Express 8. Chick-Fil-A 9. Pei Wei10. Carino’s Italian 11. Souper Salad12. Tropical Smoothie13. Chili’s Grill & Bar14. Freebird’s World Burrito
15. Jimmy John’s 16. Nikki’s Pizza 17. Masala Wok 18. Arby’s19. Subway20. McDonald’s21. Acapulco22. Ka Prow Pan Asian Bistro23. McDonald’s24. Buffalo Wild Wings Grill25. Maria’s Mexican Restaurant26. Red Robin27. Golden Corral28. Einstein’s
PARMER AFFORDABLE. CONVENIENT. DESIRABLE.
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Lady Bird Lake
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Seton Hospital
ACC Northridge
J.J.PickleResearch Center
Domain
ACC Rio Grande
North AustinMedical Center
The Universityof Texas
Central Market
SoCo District
Palmer Events Center/Auditorium Shores
State O�ceComplex
Austin Convention Center
St. Edward’s University
Westgate Mall
Southpark MeadowsShopping Center
RUNDBERG
N. LAMARTRANSIT CENTER
MASTERSON
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SOUTHPARK MEADOWS
PLEASANT HILL
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Rapid 803Burnet/South Lamar
MetroRapid Stations
MetroRail Station
Park & Ride
MetroRail Line
Rapid 801North Lamar/South Congress
COMING IN 2014
convenience
New Capital MetroRapid service will use high-tech buses to provide faster, frequent
service and more amenities.
MetroRapid features real-time bus arrival information, limited stops, traffic signal
priority technology, and quick, multi-door boarding.
Capital Metro is planning to provide initial service along the busy North Lamar/
South Congress and Burnet/South Lamar corridors.
metro rail - park and ride
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Future Development25.53 Acres
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PARMER 5.0
PROPOSED VALUE OFFICE, FLEXAND RETAIL DEVELOPMENT
LAND: 78.6 Acres
FLEX: Approximately 700,000 SF
Parked 2.5/1,000
Buildings 1-7: 100,000 RSF (Each)
Surface Parking
VALUE OFFICE: Approximately 140,000 SF
Parked 4.0/1,000
Buildings 8 & 9: 70,000 RSF (Each)
Surface Parking
RETAIL: Approximately 20,000 SF
Parked 5.0/1,000
FUTURE DEVELOPMENT: 25.53 Acres
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PARMER AFFORDABLE. CONVENIENT. DESIRABLE.
Adam serves as a Principal and head of Trammell Crow Company’s Austin Business Unit. In this role, he oversees the entire business unit, including all development and acquisition projects throughout Austin and Central Texas, new business pursuits, finance and overall day-to-day operations. Adam previously served as a Principal in TCC’s Austin Business Unit and a Senior Vice President with TCC’s Healthcare team in Dallas. During his five-year tenure, he managed the development of more than 340,000 square feet of medical office buildings valued at $71 million and led the negotiation and execution of TCC’s master development agreement with the City of Austin for the redevelopment of the Thomas Green Water Treatment Plant in downtown Austin. Adam has over 11 years of experience in varied aspects of commercial real estate including construction management, development management, marketing, valuation and finance.
Mark Fowler serves as Senior Vice President of Development for Trammell Crow Company where he oversees the development and construction of real estate projects. With over 20 years of experience in construction and general contracting, his proven construction expertise gives him the ability to plan and manage any project to an on-time and on-budget conclusion.
As Vice President for Trammell Crow Company, Brad is responsible for identifying, underwriting, financing and managing new development and acquisi-tion projects for the Austin Business Unit. Brad previously served as Development Manager for Trammell Crow Company where he was responsible for the management of all aspects of new office, industrial, multi-family, retail, medical and mixed use development projects. Brad has over 9 years of experience in the development of commercial real estate projects in Austin and Central Texas. Since joining TCC, Brad has contributed to the development of over 1.8M square feet of development valued at over $400M.
adam nims principal
mark fowler senior vice president
brad maples vice president
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PARMER AFFORDABLE. CONVENIENT. DESIRABLE.
Mark Emerick has over 22 years experience in commercial real estate as both a broker and principal. Mr. Emerick was a top producer during his brokerage career at Grubb & Ellis in San Diego, CA where he was a partner in the firm and a consistent Top 10 broker. As a principal, Mr. Emerick oversaw the acquisition, financing and management of an approximate one million square foot industrial / flex portfolio in Austin, Texas. Serving as Senior Vice President with CBRE in Austin, Mr. Emerick uniquely brings a commercial real estate resume that blends a successful brokerage career with extensive principal experience. Mr. Emerick’s multifaceted experience includes representation of many of the top institutional landlords in the country as both a leasing representative and investment sales advisor as well as an impressive corporate tenant representation resume. In 2012, Mr. Emerick was recognized in the WSJ for national deal of the week and finished as one of CBRE’s top producers nationwide.
John Barksdale joined CBRE in 2002 working in San Diego, California’s North County office and industrial markets. There he specialized in representing both institutional and non-institutional landlords and tenants in the leasing and sale of industrial, flex/office facilities and land. His team successfully closed sale and lease transactions totaling over $100 million in 2007, prior to Mr. Barksdale making his move back to Austin, Texas in 2008. Serving as First Vice President, Mr. Barksdale is responsible for new business pursuits with a focus on exclusive client representation in leasing, acquisition and disposition of office and industrial facilities. Since joining CBRE’s Austin office, Mr. Barksdale has been recognized in the top ten of the Austin Business Journal “Heavy Hitters” List (2009, 2010, 2011), and finished 2012 as one of CBRE’s top producers nationwide.
john barksdale first vice president, cbre
mark emerick senior vice president, cbre
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100 Congress Ave. Suite 225 Austin, TX 78701 Ph. 512.482.5565
Adam Nims Principal [email protected] 512.482.5505
Mark Emerick Senior Vice President [email protected] 512.499.4934
100 Congress Ave. Suite 500 Austin, TX 78701 Ph. 512.499.4900
Brad MaplesVice President [email protected] 512.482.5552
John BarksdaleFirst Vice President [email protected] 512.499.4976