PARMER
Transcription
PARMER
PARMER AFFORDABLE. INNOVATIVE. DESIRABLE. presented by: PARMER - AFFORDABLE. INNOVATIVE. DESIRABLE. Grandfathered 1997 development agreement. The existing site is not subject to current development restrictions, providing significant cost savings. Established corporate presence. General Motors, Dell, HID Global, Pearson, Samsung among others all reside in the immediate area. No public approval process. The existing LI-PDA zoning allows for a wide variety of development options that do not require additional public approval. Access to primary highways. IH-35, Mopac Expressway and Toll 130 are all quickly accessible from PARMER. 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. Extensive existing amenities. Over 2 million square feet of affordable retail amenities in the immediate area along IH-35 and Parmer. STRUCTURE SETTING CONVENIENCE IDENTITY CITY OPPORTUNITY opportunity PARMER AFFORDABLE. INNOVATIVE. DESIRABLE. #1 Best City For Future Job Growth city OPPORTUNITY - Forbes, 2013 #1 America’s Top Boomtown - Bloomberg, 2013 #1 America’s Fastest Growing City - Forbes, 2012 #1 Small Business Growth CITY - The Business Journals, 2013 #1 Economic Health Index - Business Journals, 2013 - Business Insider, 2012 #3 Best Cities For Good Jobs - Forbes, 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 and Job Growth - Area Development, 2012 #2 Best-Performing Large Cities - Milken Institute, 2012 STRUCTURE SETTING CONVENIENCE IDENTITY #3 Hottest American Future Cities Coming to Austin in 2014 #3 Tech Job Growth - Dice.com, 2013 #3 For Starting a Business - NerdWallet, 2013 6 OPPORTUNITY IDENTITY 8 1 5 SETTING CONVENIENCE IDENTITY CITY 2 STRUCTURE Downtown Austin - 16 minutes 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 10 9 3 12 13 7 11 1 PARMER AFFORDABLE. INNOVATIVE. DESIRABLE. 2 4 STRUCTURE SETTING CONVENIENCE IDENTITY CITY OPPORTUNITY IDENTITY Major Employers Parmer Ln. Corridor Retail PARMER PARMER AFFORDABLE. INNOVATIVE. DESIRABLE. AUSTIN’S CORPORATE THOROUGHFARE IDENTITY CENTER OF INNOVATION General Motors Austin IT Innovation Center 320,597 SF 1,850 Employees HID Global North American Center of Operations PARMER DELL W IH-35 Innovation Center 791,575 SF 3,000 Employees CENTER OF INNOVATION Pa r me rL n SETTING CONVENIENCE IDENTITY CITY OPPORTUNITY PARMER STRUCTURE HID North American Center of Operations 220,000 SF 280 Empoyees DELL Innovation Center General Motors Austin IT Innovation Center rm E Pa CONVENIENCE OPPORTUNITY RESTAURANTS CONVENIENCE IDENTITY CITY 1. Zed’s Restaurant 2. Little Caesars Pizza 3. Schlotzky’s 4. Golden Wok Restaurant 5. Subway 6. Indian Spicy Kitchen 7. Panda Express 8. Chick-Fil-A 9. Pei Wei 10. Carino’s Italian 11. Souper Salad 12. Tropical Smoothie 13. Chili’s Grill & Bar 14. Freebird’s World Burrito HOTELS SETTING 1. Courtyard by Marriot 2. Hilton 3. Springhill Suites 4. Residence Inn 5. Fairfield Inn STRUCTURE FITNESS CENTERS 1. Gold’s Gym 2. 24 Hour Fitness APARTMENTS Average Rent: $905/Month ($1.03/SF) PARMER AFFORDABLE. INNOVATIVE. DESIRABLE. 15. Jimmy John’s 16. Nikki’s Pizza 17. Masala Wok 18. Arby’s 19. Subway 20. McDonald’s 21. Acapulco 22. Ka Prow Pan Asian Bistro 23. McDonald’s 24. Buffalo Wild Wings Grill 25. Maria’s Mexican Restaurant 26. Red Robin 27. Golden Corral 28. Einstein’s CLEANERS 1. Top Hat Cleaners CHILD CARE 1. Capital City Kids Daycare 2. Crestview Preschool PARK & RIDE COMING IN 2014 TECH RIDGE N. Lamar Blvd NORTH AUSTIN MEDICAL 183 metro rail - park and ride ACC Northridge Domain KRAMER DOMAIN New Capital MetroRapid service will use high-tech buses to provide faster, frequent service and more amenities. CHINATOWN MASTERSON J.J.Pickle Research Center PICKLE OHLEN RUNDBERG N. LAMAR TRANSIT CENTER Burnet Rd CITY OPPORTUNITY convenience North Austin Medical Center NORTHCROSS 183 CRESTVIEW KOENIG WEST CRESTVIEW NORTH LOOP HIGHLAND KOENIG TRIANGLE Central Market HYDE PARK W. 38th ACC Rio Grande South Congress and Burnet/South Lamar corridors. 12th 8th 4th MLK, JR The University of Texas 16th Guadalupe St CONVENIENCE Seton Hospital Capital Metro is planning to provide initial service along the busy North Lamar/ 183 UT/DEAN KEETON UT/WEST MALL Lavaca St ROSEDALE MOPAC Expwy IDENTITY SUNSHINE MetroRapid features real-time bus arrival information, limited stops, traffic signal priority technology, and quick, multi-door boarding. 35 State Office Complex DOWNTOWN PLAZA SALTILLO SEAHOLM SETTING 1st Austin Convention Center BARTON SPRINGS LAMAR SQUARE La S. BLUEBONNET Palmer Events Center/ Auditorium Shores L a d y B i rd L a k e SOCO SoCo District OLTORF Rapid 801 m ar Bl vd OLTORF WEST AUDITORIUM SHORES North Lamar/South Congress ST. EDWARD’S St. Edward’s University Rapid 803 WESTGATE S. CONGRESS TRANSIT CENTER Westgate Mall LITTLE TEXAS PLEASANT HILL SOUTHPARK MEADOWS PARMER AFFORDABLE. INNOVATIVE. DESIRABLE. S. Congress STRUCTURE Burnet/South Lamar BRODIE OAKS MetroRapid Stations MetroRail Line MetroRail Station 35 Southpark Meadows Shopping Center Park & Ride June26,2012 HOWAR LEGEND Parmer 1.0 Parmer 2.0 PARMER LANE GM DELL PARMER AFFORDABLE. INNOVATIVE. DESIRABLE. DR NN HA RR ISG LE H A R R IS RI CITY CONVENIENCE Parmer 3.0 Office STRUCTURE DG EB LVD Parmer 4.0 DESSAU RD S PAS IDENTITY LEN R R RIDGE D CAL S PAS CE NT E MC E LIN TER SETTING SETTING CEN OPPORTUNITY D LANE HOWAR LEN STRUCTURE PARMER LANE GM DELL PARMER AFFORDABLE. INNOVATIVE. DESIRABLE. NN HA RR ISG LE RI IS A R R H Flex DR DG EB LVD CITY CONVENIENCE SETTING LEGEND DESSAU RD S PAS R R RIDGE D CAL S PAS CE NT E Parmer 5.0 MC E LIN TER IDENTITY SETTING CEN OPPORTUNITY D LANE HOWAR STRUCTURE PARMER LANE GM DELL PARMER AFFORDABLE. INNOVATIVE. DESIRABLE. DR NN RI IS A R R H Multifamily HA RR ISG LE CITY CONVENIENCE SETTING LEGEND DESSAU RD S PAS Parmer 6.0 DG EB LVD LEN R R RIDGE D CAL S PAS CE NT E MC E LIN TER IDENTITY SETTING CEN OPPORTUNITY D LANE CITY OPPORTUNITY setting PARMER 1.0 PROPOSED CLASS A OFFICE DEVELOPMENT AND RETAIL LAND: STRUCTURE SETTING CONVENIENCE IDENTITY OFFICE: 31.9 Acres 1.2 Approximately 580,000 SF (Expandable) Parked 5.0/1,000 (Expandable) Buildings 1: 200,000 RSF (Each) Four Levels (50,000 RSF/TYP Level) Surface Parking + Structured Parking 1.3 Structured Parking Building 2: 180,000 RSF Three Levels (60,000 RSF/TYP Level) Surface Parking Building 3: 200,000 RSF (Each) Four Levels (50,000 RSF/TYP Level) Surface Parking + Structured Parking Retail: Approximately 35,000 RSF Three buildings / pads 1.6 1.1 PARMER AFFORDABLE. INNOVATIVE. DESIRABLE. 1.5 1.4 CITY OPPORTUNITY setting PARMER 2.0 2.3 PROPOSED CLASS A OFFICE DEVELOPMENT LAND: 39.6 Acres 2.2 Approximately 760,000 SF (Expandable) Parked 5.0/1,000 (Expandable) Buildings 1 & 4: 200,000 RSF (Each) Four Levels (50,000 RSF/TYP Level) Surface Parking + Structured Parking Buildings 2 & 3: 180,000 RSF (Each) Three Levels (60,000 RSF/TYP Level) Surface Parking Structured Parking 2.1 RIDGE B LVD 2.4 PARMER AFFORDABLE. INNOVATIVE. DESIRABLE. PARMER LANE HARRIS STRUCTURE SETTING CONVENIENCE IDENTITY OFFICE: OPPORTUNITY setting PARMER 2.0 PARMER 2.1 3 STORIES | 184,500 SF PARKING STRUCTURE 5 STORIES CONVENIENCE IDENTITY CITY RENDERING SETTING SURFACE PARKING STRUCTURE PARMER 2.4 3 STORIES | 184,500 SF 1M SF CLASS A OFFICE CAMPUS PARMER AFFORDABLE. INNOVATIVE. DESIRABLE. PARMER LANE OPPORTUNITY setting 3.4 PARMER 3.0 PROPOSED CLASS A OFFICE DEVELOPMENT CITY 3.3 LAND: Approximately 800,000 SF (Expandable) Parked 5.0/1,000 (Expandable) Buildings 1 - 2: 184,500 RSF (Each) Three Levels (61,500 RSF/TYP Level) Surface Parking Building 3-6: 3.5 3.2 3.6 100,000 RSF (Each) Three Levels (33,333 RSF/TYP Level) Surface Parking SS PA STRUCTURE EN LL A C C M SETTING CONVENIENCE IDENTITY OFFICE: 53.9 Acres 3.1 PARMER AFFORDABLE. INNOVATIVE. DESIRABLE. OPPORTUNITY setting PARMER 3.0 CITY RENDERING INTERMEDIATE CONNECTOR ROUTE SURFACE PARKING RATIO OF 5/1,000 (EXPANDABLE) CONVENIENCE IDENTITY PARMER 3.2 3 STORIES | 184,500 SF STRUCTURE SETTING PARMER 3.1 3 STORIES | 200,000 SF MCCA LLEN P ASS PARMER AFFORDABLE. INNOVATIVE. DESIRABLE. CITY OPPORTUNITY setting PARMER 4.0 PROPOSED CLASS A OFFICE DEVELOPMENT LAND: Approximately 380,000 SF (Expandable) Parked 5.0/1,000 (Expandable) Buildings 1 & 3: 100,000 RSF (Each) Three Levels (33,333 RSF/TYP Level) Surface Parking Building 2: 4.2 4.3 180,000 RSF Three Levels (60,000 RSF/TYP Level) Surface Parking 4.1 STRUCTURE SETTING CONVENIENCE IDENTITY OFFICE: 26.6 Acres PARMER AFFORDABLE. INNOVATIVE. DESIRABLE. setting 5.8 5.9 OPPORTUNITY CITY IDENTITY CONVENIENCE SETTING STRUCTURE 5.10 PARMER 5.0 PROPOSED VALUE OFFICE, FLEX AND 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 5.4 5.5 5.6 5.7 Future Development 25.53 Acres 5.3 5.2 PARMER AFFORDABLE. INNOVATIVE. DESIRABLE. 5.1 OPPORTUNITY setting PARMER 5.0 STRUCTURE SETTING CONVENIENCE IDENTITY CITY RENDERING PARMER AFFORDABLE. INNOVATIVE. DESIRABLE. CITY OPPORTUNITY setting PARMER 6.0 PROPOSED MULTI FAMILY DEVELOPMENT LAND: Approximately 28.4 Acres approximate unit count of 500 units (20-22 units per acre) STRUCTURE SETTING CONVENIENCE IDENTITY MULTI FAMILY: 3 story garden style apartments with an PARMER AFFORDABLE. INNOVATIVE. DESIRABLE. OPPORTUNITY CITY IDENTITY 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 senior vice president 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. STRUCTURE SETTING CONVENIENCE adam nims principal STRUCTURE brad maples vice president As Vice President for Trammell Crow Company, Brad is responsible for identifying, underwriting, financing and managing new development and acquisition 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. PARMER AFFORDABLE. INNOVATIVE. DESIRABLE. mark emerick senior vice president, cbre 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 first vice president, cbre 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. STRUCTURE SETTING CONVENIENCE IDENTITY CITY OPPORTUNITY STRUCTURE PARMER AFFORDABLE. INNOVATIVE. DESIRABLE. 100 Congress Ave. Suite 500 Austin, TX 78701 Ph. 512.499.4900 Mark Emerick Senior Vice President [email protected] D 512.499.4934 John Barksdale First Vice President [email protected] D 512.499.4976 100 Congress Ave. Suite 225 Austin, TX 78701 Ph. 512.482.5565 Adam Nims Principal [email protected] D 512.482.5505 Brad Maples Vice President [email protected] D 512.482.5552