View Detailed PDF - Greater Texas Land Resources
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View Detailed PDF - Greater Texas Land Resources
478 ACRES Prosper Center US 380 & Tollway Corridor Prosper, Texas Commercial, Retail, Office, & Residential Development 478 ACRES US 380 & Tollway Corridor North Dallas - Texas 478 acres Commercial, Retail, Office, & Residential Development 478 ACRES - PROSPER TEXAS Property Overview Located on the Frisco-Prosper city limit line, along US 380 and one-half mile west of the Dallas North Tollway, this 478 acre site has approximately 4,100 feet of US 380 frontage. In addition, the property will have two major hard corners along US 380. Commonly referred to as the “Golden Corridor” land along the Tollway has rapidly increased in valued as seen in cities to the south such as Plano and Frisco. With the building of middle and upper scale homes in the nearby towns of Prosper and Celina, the traffic volume has increased dramatically, especially along the Dallas North Tollway. The U.S. Census Bureau estimates that just to the south in Frisco, the population growth more than doubled since 2000, jumping from 33,000 to 110,495 as of December 2010. That spike followed even more dramatic growth in the 1990’s when the city’s population grew about 450 percent. This type of growth is exactly what is in store for Prosper Center. The key to that growth was the extension of the Dallas North Tollway, which opened in 1994, at SH 121 in Frisco and was completed to US 380 in 2007. The North Texas Tollway Authority is planning a 4th and 5th phase of the Dallas North Tollway, one that will stretch from US 380 to FM 121 in Grayson County. The expansion of the Dallas North Tollway will create an infrastructure foundation that will support future growth. The planned extension of the Dallas North Tollway will create growth and development similar to the impact experienced by Frisco. The property has very flexible zoning in place and allows Commercial, Retail, Office, Multi-family, Townhome, and Single Family uses. 2 Lane Service Rd. Completed US 380 478 acres This information has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy. 300 Single Family Lots - PROSPER 300 - 65’ x120’ lots Future Planned Forest City Mall & Retail Development Legacy Drive FM 423 Virginia Parkway City of Frisco FISD Bert Fields Tracts (Not for sale) Panther Creek Parkway Brinkman (Not for sale) Newman Village Preston Road (SH 289) US Hwy. 380 Dallas North Tollway First Street Eldorado Parkway Brinkman (Not for sale) Main Street This information has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy. Future Legacy Drive Prosper Parks Masterplan West First Street Future E-W Thoroughfare Future C.R. 26 300 - 65’ x120’ lots U.S. Hwy. 380 This information has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy. 478 ACRES - PROSPER Population, Employment, Household Forecast, 2000-2030 Recent projections from the North Central Texas Council of Governments (COG) confirm this optimistic scenario. Between now and 2010, the Metroplex population is projected to expand by 19.2% (see Table 7). Dallas County will grow at a slower pace while Collin and Denton Counties grow at more than twice the regional rate. The continued growth in households will continue to fuel the demand for new single and multi-family housing across the region. Employment growth is also projected to remain strong, though the suburban counties will likely capture much of the increase. Looking out even further, the COG expects the DFW region to boast 9.1 million residents and 5.4 million jobs by the year 2030. Population Forecasts for 2000-2030 Region Forecast 2010 Forecast 2030 Change Change % Change % Change 2000-2010 2000-2030 2000-2010 2000-2030 DFW 6,328,200 9,107,900 1,018,973 3,798,673 19.2% 71.5% Dallas County 2,486,989 2,817,191 254,513 584,715 11.4% 26.2% Collin County 749,343 1,166,645 257,067 674,369 52.2% 137.0% Denton County 643,572 1,085,343 215,493 657,263 50.3% 153.5% Source: North Central Texas Council of Governments (COG) Table 7 This information has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy. 478 ACRES - PROSPER TEXAS Future Phase 4B & 5A Alignment 478 acres Northbound Service Lane Completed Property Features: Size: 477.818 City: Prosper, Texas School District: Prosper ISD Zoning: Planned Development (Commercial, Retail, Office, Multi-family, Townhome, and Single Family Residential). Future Tollway: The full section of the Dallas North Tollway is completed to US 380. The northbound service lanes were completed in 2007 to FM 428 in Celina. The NTTA, Collin, Denton, and Grayson Counties are working together to extend the Tollway into Grayson County. For more information please contact: contact Craig Curry Managing Partner L. Clint Richardson VP of Development Greater Texas Land Resources 10950 Research Road Frisco, Texas 75033 Office: 214-387-3993 www.txlandresources.com This information has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy.