great retail for a great market
Transcription
great retail for a great market
great retail for a great market contents big picture. . ............................. 3 about rayzor ranch....................................... 6 town center................................................... 9 marketplace................................................ 10 experience. . ........................... 11 opportunity........................... 13 map.............................................................. 14 location....................................................... 15 demographics............................................. 18 market info................................................. 19 leasing.. ................................. 20 visuals................................... 21 E X C I T I N G NE W S H O P P I N G I S ON T H E H O R I Z ON . Explore Rayzor Ranch Town Center and Rayzor Ranch Marketplace. Two all-new properties for this fast-growing, one-of-a-kind college town in traditional horse country, where families and employers are putting down roots. 3 all grown up a n d n o p l a c e t o s h o p. When a community truly comes into its own, driving long distances for exciting shopping, dining and entertainment experiences just doesn’t make sense. This is today’s Denton—a dynamic, young and energetic community that is ready to shop. 4 culture, Denton-style. Denton loves to celebrate—from Denton Blues Fest and Dog Days of Summer to the popular Arts & Jazz Festival. The city also boasts a strong local bicycle culture, a well-loved alternative news site (the Dentoneer) and an artisan sensibility that all make for a distinctive hometown. 5 R ay z o r R a n c h i s just right f o r t o d ay ’ s D e n t o n . Now being built on 400+ acres—once known as the Rayzor family’s Hillview Ranch—the new Rayzor Ranch is an exciting, mixed-use development in northwest Denton. Rayzor Ranch Town Center and Marketplace will come together as the largest super-regional shopping development between Dallas-Fort Worth and Oklahoma City. 6 7 A s ig n a t u r e , walkable c o m m u n i t y. The best in mixed-use design, Rayzor Ranch centers on a 15-acre public park and weaves together residential, office, medical, retail, community, entertainment and cultural experiences. 8 R ay z o r R a n c h T o w n C e n t e r Planned as a 600,000 square-foot regional shopping, dining and entertainment destination, Rayzor Ranch Town Center will offer: • Appealing outdoor gathering spaces • An amphitheater, wide open plazas and so much more • A hip, decidedly Texas downtown flavor inspired by historic regional urban architecture • The largest, super-regional retail development between Dallas and Oklahoma City 9 Denton already loves the now-open, 800,000 square-foot Rayzor Ranch Marketplace, which includes: • High-performing Sam’s Club and Walmart Supercenter • More than a dozen restaurants, shops and everyday services • Plans to add even more of what this community wants and needs R a y z o r R a n c h m a r k e Tp l a c e 10 A singular experience. This dazzling new retail, dining and entertainment destination is where Denton will come to: • Explore authentic streetscapes • Pick a spot by the fireplace in one of the comfortable, outdoor living rooms • Sample Denton’s spectacular music scene from a brand-new amphitheater • Enjoy family-friendly places to roam across intimate plazas and the wide open green 11 d a y s & n i g h t s at R ay z o r R a n c h . Trellises, trees and awnings offer cool shade under the warm Texas sun. Park benches and flower-filled pots invite visitors to stay a while. In the evening, Rayzor Ranch Town Center entices with a stroll under the stars and a table for two. Or ten. 12 THE VERY BEST OPPORTUNITY IN ALL OF NORTH TEXAS ( P s s s t . . . . o r m a y b e a n y wh e r e ) Denton is all about growing families, a buoyant employment picture, state-of-the-art hospitals, two major universities, and optimism that’s infectious. Be part of the energy when a fast-growing, selfconfident community finally gets the sophisticated, new retail destination it’s been waiting for. 13 DENTON I S the next big thing I N TE X AS . Situated 35 miles north of Dallas-Fort Worth, this emerging cultural and commercial hub is growing by leaps and bounds. It’s close to the big city with an enviable small-city lifestyle, including quality schools. Plus Denton is more connected than ever to DFW, thanks to a $315 million new regional transit rail line. 14 THE O F G R O W I N G DENTON . Perfectly situated at the corner of 380 and I-35, Rayzor Ranch is at the heart of Denton’s traffic patterns—a spot set to get even busier when new uses for the master planned community are up and running. 15 Denton is an exceptionally strong regional center for higher education, with a combined 55,000+ students enrolled at TWU, the University of North Texas and North Central Texas. V i b r a n t e m p l o y m e n t a n d high e r e d u c a t i o n . Big name employers that call Denton home include Peterbilt Motors and the headquarters of Sally Beauty Supply International, plus manufacturers United Copper, Thermadyne, Acme Brick and Jostens. Denton is the regional center for healthcare, including Texas Health Presbyterian of Denton and Denton Regional Medical Center. Also expected to grow is aerospace/aviation, centering on the Denton Airport, with a $58.4 million impact on the region each year. 16 W H AT ’ S MISSING? For a city that has almost everything—from lively local culture and great jobs to high-quality healthcare— what’s missing in Denton is exciting new retail nearby. Drives of 15, 30 and even 40 miles are commonplace for Denton residents. 17 COM P A R AT I V E G R O W T H P E R CENTA G E 15.59% 2012– 2017 robust a 8.75% 72.84% 2000– 2012 a n d gr o wi n g p o p u l at i o n . 27.5% 100 50 0 Even in Texas—which is all about growth—Denton stands out. The total trade area population for Rayzor Denton Trade Area DFW MSA Ranch is expected to increase by more than 15 percent to 357,609 by 2017. In fact, more than a quarter of all new home construction in the metro area is in Denton County. 18 Denton/Rayzor Ranch Zip Code Boudaries Major Highways S I G N I F I CANT S P END I N G P O W E R Population MEDIAN AGE OF RESIDENTS 311,442 33 DayTime Population MEDIAN HOME PRICE 105,321 $145,441 AVERAGE HOUSEHOLD INCOME HH EARNING $75K OR HIGHER $73,575 35% BACHELOR’S DEGREE OR HIGHER WHITE COLLAR 30% 60% Young median age + friendly housing prices + strong average household incomes ——————————————————————————————— = strong shopper base 19 B e pa r t o f R ay z o r R a n c h . Reach ready-to-shop consumers in this fastgrowing, underserved North Texas market. For leasing, contact: Bobby Johnson, Vice President of Leasing 480.556.7724 [email protected] Blair Polachek, Senior Leasing Associate 480.556.7748 [email protected] Charles Skaggs, Senior Leasing Associate 480.556.7749 [email protected] 20 Rayzor Ranch Visuals 21 22 | trade area map 23 | market map SF DEVELOPMENT UNIVERSITY/PUBLIC AMENITY Denton, Texas COMMERCIAL/MIXED USE 1.5 million s.f. Phase I Opened Fall 2010 I-35 MOSS BRANCH INDUSTRIAL US 380 WESTGLEN 58 LOTS DENTON REGIONAL MEDICAL CNTR FM UNT RESEARCH CENTER PAYNE DR UNIVERSITY DR RAYZOR RANCH 70,0 PD 00 V WILD HORSE 500 LOTS JIM CRYSTAL RD US 77 22,000 VPD PETERBUILT DENTON MUNICIPAL AIRPORT TARGET DISTRIBUTION CENTER DENTON ROBSON RANCH RD ACME BRICK CO. HOBSON ST COUNTRY CLUB VILLAGE 74 LOTS COUNTRY LAKES NORTH 1,305 LOTS ESTATES OF PILOT KNOB 100 ACRES I-35 US THE VINTAGE 266 LOTS HUNTERS RANCH 3,347 ACRES EL PASEO 33 LOTS SHADOW BROOK PLACE 41 LOTS I-435 RD ENCLAVE AT LAKEVIEW 1,420 LOTS US 380 MCKIN NEYST LAKEVIEW RANCH 149 LOTS MCKINNEY HIGHLANDS 22 LOTS MCDONNELL HIGHLANDS 157 LOTS DENTON CROSSING GOLDEN TRIANGLE MALL SALLY BEAUTY CORP NORTH TEXAS UNICORN HOSPITAL THE VILLAGES LAKE OF CARMEL SUNDOWN RANCH 446 LOTS FM1830 THE PRESERVE AT PECAN CREEK 1,223 LOTS CORINTH 0 SWISHER RD KENSINGTON ESTATES 245 LOTS POST OAK CROSSING 178 LOTS SHADY SHORES SOMERSET ARBOR SHORES ESTATES CREEK SIDE FOREST CORINTH HILL FARMS NORTH BOEING BROOK ELECTRONICS THOUSAND OAKS JACKSON RANCH OAK LAKES COORS PARKS OF CORINTH HICKORY CREEK LAKEVIEW AT POINT VISTA ARGYLE BELMONT PROMINENCE SQUARE 188 LOTS SUMMIT OAKS 334 LOTS ROBINSON OAKS THISTLE BROOK RYAN RD 125 LOTS PLACE 157 LOTS LEXINGTON WHEELER OAKMONT COUNTRY CLUB ESTATES PARK RYAN RANCH RIDGE 1,914 LOTS 255 LOTS 832 LOTS 275 LOTS OAKS OF CHAUCER MONTICETO ESTATES RD CREEK HICKORY 241 LOTS 120 LOTS OAKMONT TEASLEY C.C. HARBOR RIVER OAKS 133 LOTS 675 LOTS 183 FM RD US 377 3 MILE 5 MILE GO MIN 77 UNT EXPANSION FM 2449 ROBSON RANCH 7,200 LOTS 380 DENTON CBD I-35 GO MIN FEMA REGION 6 HQ EAGLE DR GRANITE POINT WINDSOR OAKS 310 ACRES US TWU 13,400 STUDENTS SCRIPTURE ST PRESBYTERIAN HOSPITAL OF DENTON HICKORY ST UNT 35,000 STUDENTS UNT COLE/STRATFORD JY 7,000 LOTS LOOP FORMAN SHERMAN WILLIAMSBURG CROSSING NORTH MCKAMY EVERS ESTATES POINTE 173 LOTS 428 L 8 28 BONNIE BRAE ST RE TU FU P OO HORSE COUNTRY BEAVER CREEK CH COLLINS WATER WORKS ATHLETIC PARK CENTER 288 FM FM 1173 EAGLECHASE SADDLEBROOK ESTATES 222 LOTS 338 LOTS FM 2164 CLEAR CREEK RANCH 2,000 LOTS 400 UNITS HARDIN PROPERTIES 375 ACRES KRUM North 428 STONEHILL RANCH 1,200 ACRES LOOP 288 MAJOR EMPLOYERS FM 407 LANTANA 1596 LOTS 10 MILE I-35 US I-35 377 US TO FO RT W OR T H 121 TO AS LL DA 24 | market aerial US 71 I-35 US 380 US 77 I-35 East I-35 Rayzor Ranch I-35 & W. University Dr./Hwy 380 | Denton, Texas 25 | project aerial North 26 | master plan 27 | rendered aerial North Rayzor Ranch I-35 & W. University Dr./Hwy 380 | Denton, Texas R A Y Z O R 3-Mile Radius 5-Mile Radius 10-Mile Radius Trade Area R A N C H DEMOGRAPHICS RR AA YY ZZ OO RR RR AA NN CC HH Population 3-Mile 5-Mile 10-Mile Trade 2017 Projection 44,382 96,053 209,638 357,609 Radius Radius Radius Area 2012 Estimate 41,642 89,027 184,597 311,442 The very best opportunity in all of North Texas. Population 2017 Projection 44,382 96,053 209,638 357,609 Growth 2012-2017 15.59% A 400-acre mixed-use development featuring retail, 6.58% residential, 7.89% hotel, office,13.57% medical office, 15-acre public park and entertainment uses. 2012 Estimate 41,642 89,027 184,597 311,442 D E M O GSRUAMPMHAI CRSY 2011 TheDaytime largestPopulation super-regional retail development between Dallas-Fort Worth and Oklahoma City. 2012-2017square-foot 6.58% 7.89% 13.57%Club and15.59% 2011 Number Employees 46,594 106,513 204,502 105,321 Rayzor RanchofMarketplace –Growth an 800,000 shopping center featuring a high-performing Sam’s Walmart Supercenter. Rayzor Ranch Town Center – a 600,000 square-foot regional shopping, dining and entertainment destination. Denton is the regional center forPop. healthcare, Texas Health and Denton Regional 196,996 Medical Center. 2012 Est. Age 25+ byincluding Educational Attainment 24,608of Denton 54,921 115,596 Bachelor's Degree or Higher 32.90% 31.92% Presbyterian 33.32% 29.31% 2011 Daytime Population 2012 Population by Age 2011 Number of Employees 4.67% 46,594 106,513 204,502 105,321 Age 0-4 5.86% 7.09% 7.32% DentonAge is5-9 the next big thing in Texas. 5.06% 6.21% 7.18% 7.27% 2012 Population by Age Age 10-14 4.92% 5.87% 6.70% 6.92% Located in Denton, Texas, 35 at the center3.55% of everything, where I-357.09% and Highway7.32% 380/West University Drive meet. Agemiles 0-4 north of Dallas-Fort 4.67% 5.86% Age 15-17 2.44%Worth, 2.90% 3.92% Age 5-9 – from lively local 5.06% 6.21% 7.18% 7.27% in Denton is exciting new retail 18 and overhas almost everything 82.90% 75.47% 74.57% ForAge a city that culture 79.17% and great jobs to high-quality healthcare – what’s missing 10-1440 miles are commonplace 4.92% 5.87% 6.70% 6.92% Age 21 and over of 15, 30 andAge 70.46% 71.09% 69.71% 69.49% nearby. Drives even for Denton residents. Age 15-17 2.44% 2.90% 3.55% 3.92% Age 65 and over 7.25% 7.18% 7.35% 9.31% Age 18 and over 82.90% 79.17% 75.47% 74.57% 2012 Est. Median Age 29.34 30.68 32.02 33.13 Vibrant employment and higher education. Age 21 and over 70.46% 71.09% 69.71% 69.49% AgeAttainment 65 and over 7.25% 7.18% 7.35% 9.31% 2012 Est. Pop. Age 25+ by Educational 24,608 54,921 115,596 196,996 Big employers that call Denton home include Peterbilt Motors and the headquarters of Sally Beauty Supply International, plus manufacturers United Copper, 29.34 30.68 32.02 33.13 Some College, no degree 2012 Est. Median Age 24.04% 24.63% 24.69% 24.84% Thermadyne, Acme Brick and Jostens. The daytime population of the trade area is 105,321. Associate Degree 6.09% 6.05% 6.40% 6.28% Some College, no degree 24.04% 24.63% 24.69%on the region 24.84%each year. Also expected to grow is aerospace/aviation, centering on the Denton Airport, with a $58.4 million impact 6.09% 6.05% 6.40% 6.28% 2012 Est. Households by Household Associate Income Degree 16,337 34,551 67,416 111,956 There are 55,000 students at University of North Texas, Texas Women’s University and North Central Texas. Bachelor's Degree or Higher 14.03% 32.90% 31.92% 33.32% 29.31% Income $50,0000 - $74,999 17.28% 18.31% 19.02% Income $75,000 or Higher 15.58% A robust and growing population. 2012 Est. Households by Household Income 21.79% 34.24% 16,337 14.03% $71,606 15.58% $53,474 35.36% 34,551 17.28% $73,575 21.79% $55,751 67,416 111,956 18.31% 19.02% 2012 Est. Average Household IncomeIncome $50,0000 - $74,999 $43,995 $54,801 2012 TheEst. trade areHousehold population is more 311,400. Incomethan $75,000 or Higher $30,862 34.24% 35.36% Median Income $39,482 Est.inPer Capita–Income $18,286 $21,988 $26,555 $26,751 for Rayzor Ranch is expected to increase by more than 2012 Even Texas which is all about growth – Denton stands out. The total trade area population Est. Average Household Income $43,995 $54,801 $71,606 $73,575 15 percent to 357,609 by2012 2017. 2012 Est. Median Household Income $30,862 $39,482 $53,474 $55,751 2012 Est. Median All Owner-Occupied Housing Value $122,726 $125,916 $151,134 $145,441 More than a quarter of all new home construction in the metro area is in Denton County. 2012 Est. Per Capita Income $18,286 $21,988 $26,555 $26,751 2012 Est. All Owner Occupied Housing Units 5,167 14,758 40,950 73,727 Significant spending power. 2012 Est. Median All Owner-Occupied Housing Value $122,726 $125,916 $151,134 2012 Est. Pop 16+ by Occupation Classification 22,667 47,951 97,954 2012 Est. All Owner Occupied Housing 5,167 14,758 40,950 White Collar 55.47%Units 57.96% 61.61% 60.05% Young median age + friendly housing prices + strong average 18.96% household incomes shopper base Blue Collar 17.98% 19.54% = strong 21.88% 2012average Est. Pop 16+ by Occupation Classification 22,667 income 47,951 97,954 Excellent income - $73,575 household income; $55,751 median household White Collar 55.47% 57.96% 61.61% © 2012 CLARITAS INC. All rights reserved. Blue Collar 17.98% 18.96% 19.54% © 2012 CLARITAS INC. All rights reserved. 32 | demographics $145,441 73,727 60.05% 21.88% R A Y Z O R R A N C H SUMMARY The very best opportunity in all of North Texas. A 400-acre mixed-use development featuring retail, residential, hotel, office, medical office, 15-acre public park and entertainment uses. The largest super-regional retail development between Dallas-Fort Worth and Oklahoma City. Rayzor Ranch Marketplace – an 800,000 square-foot shopping center featuring a high-performing Sam’s Club and Walmart Supercenter. Rayzor Ranch Town Center – a 600,000 square-foot regional shopping, dining and entertainment destination. Denton is the next big thing in Texas. Located in Denton, Texas, 35 miles north of Dallas-Fort Worth, at the center of everything, where I-35 and Highway 380/West University Drive meet. For a city that has almost everything – from lively local culture and great jobs to high-quality healthcare – what’s missing in Denton is exciting new retail nearby. Drives of 15, 30 and even 40 miles are commonplace for Denton residents. Vibrant employment and higher education. Big employers that call Denton home include Peterbilt Motors and the headquarters of Sally Beauty Supply International, plus manufacturers United Copper, Thermadyne, Acme Brick and Jostens. The daytime population of the trade area is 105,321. Denton is the regional center for healthcare, including Texas Health Presbyterian of Denton and Denton Regional Medical Center. Also expected to grow is aerospace/aviation, centering on the Denton Airport, with a $58.4 million impact on the region each year. There are 55,000 students at University of North Texas, Texas Women’s University and North Central Texas. A robust and growing population. The trade are population is more than 311,400. Even in Texas – which is all about growth – Denton stands out. The total trade area population for Rayzor Ranch is expected to increase by more than 15 percent to 357,609 by 2017. More than a quarter of all new home construction in the metro area is in Denton County. Significant spending power. Young median age + friendly housing prices + strong average household incomes = strong shopper base Excellent income - $73,575 average household income; $55,751 median household income 33 | summary