Trinity River property Fort Worth.2...A Fortune 500 company, JLL helps real estate owners, occupiers...

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For Sale 20.6 acres I-35W and E Northside Drive East side of West Fork Trinity River Fort Worth, Texas 76106 For additional information: Pat McDowell Managing Director 817.334.8106 [email protected] Michael Swaldi, AIA, SIOR Managing Director 214.438.6219 [email protected] Larry McCorkle Managing Director 214.438.6216 [email protected] E NORTHSIDE DRIVE #1 6.61 AC #2 11.94 AC #3 2.5 AC YUCCA AVENUE OAKHURST SENIC DRIVE RIVERSIDE PARK

Transcript of Trinity River property Fort Worth.2...A Fortune 500 company, JLL helps real estate owners, occupiers...

Page 1: Trinity River property Fort Worth.2...A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8

For Sale 20.6 acres I-35W and E Northside DriveEast side of West Fork Trinity River Fort Worth, Texas 76106

For additional information:

Pat McDowell Managing Director

817.334.8106 [email protected]

Michael Swaldi, AIA, SIOR Managing Director

214.438.6219 [email protected]

Larry McCorkle Managing Director

214.438.6216 [email protected]

E NORTHSIDE DRIVE

#1 6.61 AC

#2 11.94 AC #3

2.5 AC

YUCCA AVENUE

OAKHURST SENIC DRIVE

RIVERSIDE PARK

Page 2: Trinity River property Fort Worth.2...A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8

Opportunity You are invited to review a Development Opportunity located on the Trinity River along I-35W at the Intersection of Northside Drive and Oakhurst Scenic Drive in Fort Worth, Texas. This submarket is readily accessible via I 35W, Airport Freeway and Northside Drive. This opportunity consists of three sites; an 11.54 acre on the East side of I-35W, a 6.61 acre site on the West side of I-35W and a 2.5 acre site paralleling Oakhurst Scenic Drive. The total site is 20.65 acres. IMPORTANT, please note the cross access easement connecting the East and West site. Together the sites have the infrastructure required for a mixed use development including Office, Hotel, Retail and Multifamily. The Land along the Trinity River has hit its stride and is primed for development. The submarket is benefiting from close proximity to corporate users such as Bell Helicopter, GM Financial, Frost Bank and Lockheed Martin to name a few. These sites offer amenities almost impossible to duplicate; River frontage with great views of Downtown, next door to Riverside Park, and located a few blocks from the Race Street Redevelopment Neighborhood. JLL and the Owners are offering this

opportunity to become part of this dynamic neighborhood Located in the heart of the highly sought after progressive mixed use North Texas region.

LOCATION Southwest & Southeast Quadrant of Interstate 35, Northside Dr., Fort Worth, TX

SIZE Parcel #1 - 6.61 Acres Parcel #2 - 11.94 Acres Parcel #3 - Approximately 2.5 Acres

ZONING Parcel #1 – 0 – 1 (Flood Plain District) Parcel #2 & #3 – B (Two Family District)

UTILITIES 18” sewer line along Oakhurst Scenic Drive 6” gas line along Oakhurst Scenic Drive. 8” water line located SEC of Oakhurst Scenic Drive and Yucca Ave

The immediate area The property is well situated on the Trinity River, and only 1 mile from downtown Fort Worth. Located near some of the most exciting venues Fort Worth has to offer; TRVA’s River Development, Top Golf, Coyote Drive-In Movie Theatre, Sundance Square, the up and coming Panther Island development, Race Street Urban Village, Gateway Park and much more. As more people embrace an urban lifestyle, Downtown Fort Worth is experiencing an increasing rate of residential growth. Ranked by the U.S. Census Bureau as America’s 16th-largest city, Fort Worth’s population has grown 56.5% since 2000 to the current population of 854,113 (U.S. Census Bureau 2016). Downtown’s population has grown 91.2% over the same period. Much of Fort Worth’s population increase is attributed to the region’s diversified economy, strong regional business clusters, relatively low land cost, a revitalized and growing Downtown and rejuvenated central-city neighborhoods.

RIVERSIDE PARK

OAKHURS

RACE STREET REDEVELOPMENT

Page 3: Trinity River property Fort Worth.2...A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8

Pace of life and a strong economy make Fort Worth one of the best cities in the Lone Star State. Site selectors know all about Texas’ status as an economic powerhouse and its many accolades. As for the city itself, Fort Worth ranked No. 4 on the Best Big Cities for Jobs list compiled by Forbes. The Dallas-Fort Worth Metroplex ranks third in the nation for its concentration of Fortune 500 company headquarters. The area’s diverse industries, consistently low unemployment and excellent quality of life attract top talent looking for fresh career opportunities. Fort Worth’s central location, skilled workforce and strong transportation infrastructure continue to continue to entice major corporate relocation.

POPULATION

836,969 MEDIAN HH INCOME

$55,888 MEDIAN AGE

32.6

MEDIAN HOME VALUE

836,969 # OF EMPLOYEES

394,364 POVERTY RATE

16.3%

FORT WORTH

#1 6.61 AC

#2 11.94 AC

#3 2.5 AC

T SENIC DRIVE

YUCCA AVENUE

E NORTHSIDE DRIVE

Page 4: Trinity River property Fort Worth.2...A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8

#6.6

#2 11.94 AC

#3 2.5 AC

RIVERSIDE PARK

YUCCA AVENUE

OAKHURST SENIC DRIVE

Page 5: Trinity River property Fort Worth.2...A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8

#1 1 AC

THE VIEW AT FORT WORTH APARTMENTS

E NORTHSIDE DRIVE

Page 6: Trinity River property Fort Worth.2...A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8

4. Cultural DistrictFeaturing five internationally-recognized museums in abeautiful, park-like setting

2. StockyardsStockyards National HistoricDistrict is one of the most popular attractions in Texas.

3. West 7thOne of the hottest entertainmentscenes in the city. A five-block

6. Camp BowieThis is one of the most historicneighborhoods in Fort Worth,offering a 30-block strip ofrestaurants and stores.

5. Panther IslandBoasting the only waterfront stage in Texas, offeringattractions and events includingRockin' the River.

8. Near SouthsideFort Worth’s most eclecticdistrict has really come into itsown in the last several years.

9. Sundance Square &DowntownThe heart of downtown is Sundance Square, a 35-block

Fort Worth has something for everyone Fort Worth is the 16th-largest city in the United States and part of the No. 1 tourist destination in Texas, welcoming more than 8.8 million visitors annually. Comprised of eight primary entertainment districts each offering distinct dining, shop-ping, entertainment and cultural amenities. In only a few days you can enjoy a range of experiences: from NASCAR racing to rodeos, world-class museums to cowboy cuisine, boutique shopping to a Top 5 zoo, biking to horseback riding.

7. ClearforkThe newest district in Fort Worthoffers a variety of entertainmentand retail.

10. Six Points Urban VillageRace Street development willinclude space for small businesses,artists, residential and retail. Projected completion Q4 2018.

1. TMS/AllianceThis growing area just north of down-town offers high-speed thrills at Tex-as Motor Speedway.Alliance Texas: Work—Fly—Live—

Page 7: Trinity River property Fort Worth.2...A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8
Page 8: Trinity River property Fort Worth.2...A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8

For Sale 20.6 acres I-35W and E Northside Drive East side of West Fork Trinity River Fort Worth, Texas 76106

FOR ADDITIONAL INFORMATION:

Pat McDowell Managing Director

817.334.8106 [email protected]

Michael Swaldi, AIA, SIOR Managing Director

214.438.6219 [email protected]

Larry McCorkle Managing Director

214.438.6216 [email protected]

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $136 billion. At year-end 2016, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 77,000. As of December 31, 2016, LaSalle Investment Management has $60.1 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.