Neq Us 281 & East Monte Cristo Road Edinburg, Tx 78542
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NEQ US 281 & EAST MONTE CRISTO ROAD EDINBURG, TX 78542 THOMAS TYNG TABLE OF CONTENTS SECTION I.. ... ... ... ... ... ... ... EXECUTIVE SUMMARY SECTION II. ... ... ... ... ... ... ... MAPS SECTION III ... ... ... ... ... ... ... AERIALS SECTION IV... ... ... ... ... ... ... SITE PLAN/MASTER PLANS SECTION V ..................... RENDERINGS SECTION VI... ... ... ... ... ... ... EDINBURG HIGHLIGHTS SECTION VII.. ... ... ... ... ... ... RIO GRANDE VALLEY OVERVIEW SECTION VIII . ... ... ... ... ... ... ARTICLES SECTION IX... ... ... ... ... ... ... DEMOGRAPHICS SECTION X ..................... AGENCY DISCLOSURE The information contained was obtained from sources believed reliable, however, REATA Real Estate Services, LP, makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this project is submitted subject to the errors, omissions and change of price or conditions prior to lease or withdrawal. RESACA MARKET ©REATA REAL ESTATE SERVICES, LP EXECUTIVE SUMMARY PROPERTY HIGHLIGHTS Proposed 400,000 SF mixed-use development at the NEQ of I-69 (US 281) and East Monte Cristo Road in Edinburg, TX. This project is part of La Sienna, a 586-acre master planned community which will in- clude single and multi-family, sports, entertainment and dining components. Located at the heart of a booming Texas-Mexico bor- der region in the Rio Grande Valley, Edinburg has ex- perienced dramatic growth in recent years. Accord- ing to the 2015 census, the city’s population grew at a rate of 11.3% between 2010 and 2014. LOCATION NEQ I-69 (US 281) & East Monte Cristo Road Edinburg, TX 78542 GLA 500,000 SF (approximate) TRAFFIC COUNTS I-69 (US 281) 30,550 CPD Business 281 (Closner Road) 12,100 CPD East Monte Cristo Road 14,561 CPD DEMOGRAPHICS 3 Miles 5 Miles 7 Miles 10 Miles 2017 Estimated Population 24,739 90,612 140,859 281,884 2017 Estimated Households 6,503 25,798 39,915 81,301 Daytime Population 4,774 24,780 37,636 69,768 Average Household Income $48,561 $50,133 $59,180 $63,875 CONTACT THOMAS TYNG, PARTNER 210.841.3222 [email protected] RESACA MARKET SECTION I MAP RESACA MARKET RESACA MARKET RESACA MARKET SECTION II MAP VICINITY MAP - MISSION + MCALLEN + EDINBURG + PHARR 1 EDINBURG REGIONAL AIRPORT 4.5MI N 2 SANTANA TEXTILES 3MI N 3 DON HUGO PRODUCE TERMINAL 2.5MI N 4 UT-RGV EDINBURG 3.5MI SW 5 COUNTY COURT HOUSE 3MI SW 6 EDINBURG CITY OFFICES 3MI SW 1 7 NEW WALMART 3.5MI S 8 PROPOSED VIPER SPORTS ARENA 3.5MI S 9 SHOPPES AT TRENTON 3.5MI S JCPENNY, ACADEMY, MCDONALD’S, 3 TJ MAXX, TACO PALENQUE, IHOP 2 LA SIENNA 10 NEW HEB SITE 3.5MI S DEVELOPMENT 11 DOCTOR’S HOSPITAL AT RENAISSANCE 4.5MI SW 6 12 CINEMARK MOVIE BRISTO 4.5MI SW 4 5 13 PAPPADEUAX 4.5MI S 14 MCALLEN AIRPORT 15MI S 11 12 9 7 15 CIMARRON AND SHARYLAND 21 10 PLANTATION 20MI SW 8 16 PALMS CROSSINGS 15MI SW Option 2, page 3 PF CHANGES, BEST BUY, SALTGRASS, BARNES & NOBLE 13 16 17 MERCEDES BENZ SAN JUAN 11MI SE resacas resacas resacas 17 AT LA AT LA AT LA S I E N N15A S I E N N A S I E N N A 18 NOSTALGIC + CASUAL + ELEGANT20 19 18 RANGE ROVER SAN JUAN 11MI SE 14 19 AUDI SAN JUAN 11MI SE resacas esteros AT LA AT LA 20 LAS TIENDAS 10MI S LA AT LA AT S I E N N A S I E N N A BEST BUY, JASONS, OFFICE DEPOT, HOOTERS, ACADEMY, STEINMART, PERPET SMART, LESLIE’S POOL resacas esteros ATAT LA AT LA LA LA AT 21 EDINBURG REGIONAL HOSPITAL S I E N N A S I E N N A AND CHILDREN’S HOSPITAL 3.5MI SW origoworks RESACA MARKET resacas esteros LA ATAT L A ATAT LA S LA S ARCHITECTURE CONSTRUCTION CONCEPTUAL DESIGN | JUNE 1, 2014 I E N N A I E N N A W SITE CONTEXT MAP RESACAO MARKET SECTION1 III W L I V E W O R K P L A Y D I N E S H O P AERIAL C RESACA MARKET C 14,561 CPD CPD 30,550 CPD 12,100 107 107 N SHARY RD 107 336 N 10TH ST C RESACA MARKET SECTION III RESACA MARKET AERIAL ELEMENTARY TRUMAN SCHOOL 24,061 CPD 24,061 EDINBURG NORTH HIGH SCHOOL 12,100 CPCPDPD OF RIO GRANDE VALLEY BOYS AND GIRLS CLUB 33,822 CPD MARKET RESACA 14,955 CPD 14,955 SILO @ LA SIENNA COMING SOON 198 UNITS MEMORIAL MIDDLE 3Q 2017 OPENING LA SIENNA APTS 288 UNITS SCHOOL SECTION III MASTER PLAN SITE PLAN : RESACA 1 MARKET NORTH 0 200 300 400 500 FT RESACA MARKET SECTION IV O ORIGOWORKS W ARCHITECTURE DEVELOPMENT CONSTRUCTION M A S T E R S I T E P L A N 805 Media Luna Rd.Suite No. 500, Brownsville, TX 78520 T 956.574.9373 F 956.517.1513 W origoworks.com N . U S H W Y 2 8 1 E D I N B U R G , T E X A S 7 8 5 3 9 S E P T E M B E R 1 6 , 2 0 1 6 MASTER PLAN THE SILOS AT LA SIENNA EXISTING ELEMENTARY WATER SCHOOL MULTIFAMILY WATER FUTURE LOT-13 MIDDLE 38.26 ac. 628' SCHOOL FUTURE RESIDENTIAL SINGLE FAMILY LOTS WATER LOT-3 .0' R WATER O WATER LOT-1 .6' FUTURE 1317 10.46 ac. A WATER 19 ac. 1273 HIGH D RETAIL SCHOOL LOT-11 SINGLE FAMILY LOTS 9.63 ac. WATER E.I.S.D. SENIOR LIVING LOT-12 9.9 ac. N JASMAN589' RD FUTURE SCHOOL CAMPUS SENIOR LIVING 73' 589' FUTURE WATER 73' EXISTING LOT-2 E.I.S.D. 475' ac 6.92 ac. LOT-5.7 WATER STADIUM 410' DEVELOPMENT FUTURE RETAIL R O A D 11 (FUTURE DEV'T.) EDINBURG 651' EDINBURG D LOT-9 LOT-10 EXISTING A 9.33 ac. 16.03 ac. PROPERTY E MONTE CRISTO RD O LOT-4 R BY OTHERS LOT-14 APPROX.15 ac. 29.63 ac. 54.8 ac. E B U R N S R D PAD SITES D FUTURE DEVELOPMENT WATER LOT-6 A WATER D LOT-15 61.12 ac. O 40.09 ac. R O A UNIVERSITY PARK R RESACA MIXED-USE PROJECT MARKET 4.76 ac. LOT-7 LOT-8 11.57 ac. 12.35 ac. RETAIL RETAIL ADDITIONAL PARKING N EXPRESSWAY 281 BUS RESACA MARKET E MONTE CRISTO RD SECTION IV 0 200 400 600 800 1000 FT NORTH ORIGOWORKS 805 Media Luna Rd. Suite 500 LA SIEN NA M ASTER SITE PLAN O Brownsville, TX 78520 EDINBURG, TEXAS T 956.574.9373 F 956.517.1513 DECEMBER 02, 2016 W origoworks.com MASTER PLAN FUTURE E.I.S.D SCHOOL CAMPUS THE SILOS AT LA SIENNA (MULTIFAMILY) FUTURE TENNIS CENTER RETAIL LOTS FUTURE DEVELOPMENT N EXPRESSWAY 281 RESACA MARKET SECTION IV DETAILED MASTER PLAN O 3 W RENDERINGS RESACA MARKET SECTION V RENDERINGS STREET VIEW O 5 W BOARDWALK VIEW O 6 W RESACA MARKET SECTION V EDINBURG HIGHLIGHTS EDINBURG, TEXAS Edinburg attracts international and local visitors alike who come Edinburg Facts for the world-class shopping, medical facilities and affordable housing. Edinburg is a city poised for growth. • New $62.2 million Convention Center to be constructed along U.S. 281/I69C in south Edinburg Located in the Rio Grande Valley and centrally located within one of the largest trade corridors in the world, Edinburg lies at the • More than $200 million in new construction for the University epicenter of one of the most dynamic regions in North America, a of Texas-Rio Grande Valley’s School of Medicine in Edinburg booming Texas-Mexico border region with a population that has • Healthcare explosion in the area – hospitals with 8,000+ been growing at huge rates for the past 20 years. As of January 1, employees; projected to grow 12% annually 2012, the U.S. Census Bureau estimated the population of the Rio Grande Valley at 1,305,782. A four-county area that includes the • New $54 million, city-owned 8,500-seat arena, home to the counties of Hidalgo, Starr, Willacy and Cameron, the region, which NBA-affiliated Rio Grande Valley Vipers professional basketball is 70 to 80 miles wide, is almost twice the size of Delaware and team, as well as host to major concerts and other large four times the size of Rhode Island. gatherings Edinburg is the county seat of Hidalgo, the seventh largest county • Edinburg boasts largest school district with more square in Texas and home to the University of Texas-Pan American, the footage and 40,000 students state’s tenth largest public university. Geographically, the county ranges from farm and pasture lands to busy city landscapes. • A strong consumer base of 10.3 million within an 150-mile radius. Edinburg offers a unique cultural experience, including historical In 2013, the McAllen-Edinburg-Mission MSA had retail sales of landmarks, museums, attractions, outdoor recreation and approximately $13 billion exceptional scenic beauty. It is a pro-business community with an excellent quality of life, educational facilities and strong civic • An additional 50,000 travelers and visitors are estimated to be pride. A great city to live and work, Edinburg has played a key in the MSA every day due to the new Interstate 69 Central role in supporting the development of Resaca Market, a project that reflects the unique culture of the Rio Grande Valley. 11.3% Population Change 28.6 Median Age 41% Population 2010−2014 (2015 Census) 25−45 Age Demographic “Resaca Market could bring in as much as $300 million a year into the city’s economy.” AGUSTÍN “GUS” GARCÍA · EXECUTIVE DIRECTOR, EDINBURG ECONOMIC DEVELOPMENT CORPORATION RESACA MARKET SECTION VI A Place to Work.