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Design District Development Opportunity +/- 4.7 Acres Available 2121 Irving Boulevard Dallas | Texas

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Design District Development Opportunity +/- 4.7 Acres Available 2121 Irving Boulevard Dallas | Texas DESIGN DISTRICT DEVELOPMENT OPPORTUNITY +/- 4.7 ACRES AVAILABLE 2121 IRVING BOULEVARD DALLAS | TEXAS FOR MORE INFORMATION: Scott Lake Jake Milner [email protected] [email protected] Land is our business. |URBAN DB2RE.com DESIGN DISTRICT DEVELOPMENT OPPORTUNITY 2121 IRVING BOULEVARD DALLAS | TEXAS SIZE ± 4.7 Acres ZONING PD 621 (subdistrict 1A) Density - No max density Height - 270 ft. TRAFFIC COUNTS Irving Boulevard: 15,970 VPD Sylvan Avenue: 11,200 VPD Wycliff Avenue: 7,490 VPD Oak Lawn: 9,780 VPD I-35E (west of Oak Lawn): 241,549 VPD I-35E (east of Oak Lawn): 269,028 VPD DEMOGRAPHICS 2015 Population 1 Mile: 12,962 2015 Population 2 Mile: 65,226 2015 Population 3 Mile: 131,368 % Proj Growth 2015-2020 1 Mile: 14.9% % Proj Growth 2015-2020 2 Mile: 18.4% % Proj Growth 2015-2020 3 Mile: 15.7% 2015 Median HH Income 1 Mile: $43,263 2015 Median HH Income 2 Mile: $68,775 2015 Median HH Income 3 Mile: $73,744 2015 Average HH Income 1 Mile: $51,762 2015 Average HH Income 2 Mile: $89,756 2015 Average HH Income 3 Mile: $98,098 Median Home Value 1 Mile: $93,319 Median Home Value 2 Mile: $245,300 Median Home Value 3 Mile: $305,195 Average Home Value 1 Mile: $101,061 Average Home Value 2 Mile: $269,973 2929 Carlisle Street, Suite 380 Average Home Value 3 Mile: $351,321 O | 214 526 3626 Land is our business. DB2RE.com |URBAN Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2015 DALLAS DESIGN DISTRICT Design District A neighborhood originally developed for trade commerce, the Design District is a key piece of Dallas culture. The neighborhood is comprised of interior design showrooms, art galler- ies, fine dining establishments, and most recently, luxurious apartment homes with a vibrant live-work-play community. The Design District will soon welcome multiple new high-rise office projects into the areas trendiest scene that will include the construction of new apartments and restaurants. Approximately 1,500 multifamily residential units have been completed since 2009, and another ±1,400 are currently under construction or in the planning stages. Eclec- tic yet upscale, the area is evolving into a cultural hub, drawing not only creative and entre- preneurial start-ups, but fast-growing business ventures requiring access to Dallas’ center of commerce. Trinity Strand Trail Recently, a group of dedicated individuals formed the Friends of the Trinity Strand Trail to spearhead the planning, construction and enhancement of a 7.8 mile non-motorized Trinity River Project hike and bike trail along the original Trinity The 2.2 Billion dollar Trinity River project is one of the most monumental public works and River watercourse. The purpose of the trail is economic development projects ever attempted. The new plan will include 30-plus acres of to extend the Katy Trail to the Trinity River, but starter lakes including a 90-acre Urban Lake, a 56-acre Natural Lake and a 128-acre West it will also provide Dallas citizen’s access to Dallas Lake. In addition to the three Trinity River Lakes, the project will be used for flood the Southwestern Medical District, Stemmons protection, recreation, environmental restoration, and surge in economic development. At the Corridor businesses, Downtown, Victory Park, completion of the project, residents and visitors from around the world will experience a new Uptown, with the Dallas Design District. The and exciting destination within the City of Dallas. Trinity Strand Trail will play an integral role in making these natural connections to the existing trails, neighborhoods, and communi- ties within the Dallas urban core. Once our project is complete, we will connect over 73 miles of trail. Land is our business. O | 214 526 3626 DB2RE.com Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2015 |URBAN CURRENT DEVELOPMENTS International on Turtle Creek- One of Alta Strand- Wood Partners has begun 1400 Highline- The 24 story 312,708 Dallas’ highly anticipated urban redevel- construction on Alta Strand on the cotner of square foot apartment tower in the Dallas opments has become a destination for a Market Center and the Turtle Creek. The de- Design District opened in 2012. Its major collection of showrooms, design firms and velopment will feature 400 apartment units, amenity is its breath taking view. The apart- restaurants. Totaling 158,000 square feet, two clubhouses, five courtyard areas with ments have floor-to-ceiling windows and this award winning development recently two pools, a two-level fitness center with 7-foot decks that look onto the Margaret sold to a local developer for 21.5 million a yoga room, and a conference room for Hunt Hill Bridge, the American Airline’s and they plan to continue the success al- young professionals and families. Target- Center and downtown Dallas along Inter- ready captured. ing residents that will be integrated into the state 35E. This development set the stan- neighborhood mix of art galleries, design dard for High Rise Multifamily development The Alexan Riverfront- Trammell Crow showrooms, restaurants and entertainment. in the Design District and today is still the Residential is developing a 2.5 acre tract on premier location for the neighborhood’s Turtle Creek Boulevard just west of Riverfront residents. Boulevard. Crow Residential’s $48 Million project will be a 5-story, 309-unit apartment building that will overlook the Trinity River and provide unparrelled views of the nearby downtown Skyline. Land is our business. O | 214 526 3626 DB2RE.com Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2015 |URBAN NEW DEVELOPMENT OPPORTUNITIES Dunhill Development- Bill Hutchinson, founder and CEO of Dunhill Partners, purchased 33 505 Riverfront- acres and about 700,000 square feet of buildings in the Dallas Design District in 2014, he The property comprised of ±42 acres locat- had a vision to shake things up in a neighborhood originally developed for trade commerce. ed on either side of the Calatrava Bridge and With the close-in proximity to downtown and uptown Dallas, Hutchinson and team knew they both east and west of Riverfront Blvd. The were poised to evolve the area into a vital work-play district – drawing not only creative and site is unique in that it is impossible to find entrepreneurial start-ups, but fast-growing business ventures requiring access to Dallas’ cen- such a large area of undeveloped land. This ters of commerce. With that vision, the booming Dallas Design District will soon welcome a characteristic lends the advantage of endless new high-rise office project into the Dallas’ coolest and highly visibile scene – a fast-growing development possibilities, including office, scene that has included the construction of new apartments and trendy restaurants, multi-family, hotel, condominium and retail. Virgin Hotel Florida-based Virgin Group’s Virgin Hotels brand fits right into the district with plans for luxury 899 Stemmons- Comprising 3.3 acres, is suites, restaurants and bar areas, as well as a rooftop terrace with a pool, spa and gym. The currently improved with one 10-story build- hotel will also include numerous meeting spaces. ing with an adjoined four-level parking ga- rage. Originally constructed as a hotel, the Dunhill Partners is developing three new High Rise Developments that are property was most recently used by Dallas expected to begin construction end of 2017: County as a low-security detention center. Design District Office Tower 899 Stemmons presents itself as an iconic ur- Joie de Vivre Hotel & Apartments Virgin Hotel & Residences ban redevelopment opportunity that has the potential to be a Design District land mark. Land is our business. O | 214 526 3626 DB2RE.com Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items.
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