View Detailed PDF - Greater Texas Land Resources

Transcription

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.