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Blanco River Ranch +108 Acre Destination Resort Opportunity Austin Msa (Kyle), Texas • Executive Summary

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BLANCO RIVER RANCH +108 ACRE DESTINATION RESORT OPPORTUNITY AUSTIN MSA (KYLE), TEXAS • EXECUTIVE SUMMARY BLANCO RIVER RANCH Planned RM150 Planned Road PHASE 1 (859 ACRES/ 2,100 SF HOMES PLANNED) RESORT SITE (108 ACRES) 1 BLANCO RIVER RANCH - AUSTIN MSA (KYLE), TX BLANCO RIVER RANCH +108 ACRE DESTINATION RESORT OPPORTUNITY AUSTIN MSA (KYLE), TEXAS • EXECUTIVE SUMMARY Exclusively Offered By: INVESTMENT SALES CAPITAL INQUIRIES DAVIS ADAMS BEN BEAIRD GARRETT GILLELAND JOHN BOURRET WALLY REID Managing Director Director Associate Director Managing Director Senior Managing Director Tel 713-852-3558 Tel 214-692-4706 Tel 512-532-1900 Tel 469-232-1962 Tel 713-852-3497 [email protected] [email protected] [email protected] [email protected] [email protected] JOHN TAYLOR MARK BRAMLETT ZACH RIGBY Managing Director Analyst Analyst Tel 512-532-1950 Tel 713-852-3469 Tel 214-692-4705 [email protected] [email protected] [email protected] 9 Greenway Plaza, Suite 700 Houston, Texas 77046 Phone: 713-852-3500 Fax: 713-852-3490 www.hfflp.com Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp., a Texas licensed real estate broker (“HFF”). 2 BLANCO RIVER RANCH - AUSTIN MSA (KYLE), TX E X E CUTIV E S UMMARY HFF, as exclusive advisor to the ownership is proud to offer for sale a unique riverfront • RM 150 – RM 150 is proposed to be constructed through Blanco River Ranch hotel/resort development opportunity in the Texas Hill Country. With 108 acres and which will provide quick ingress/egress from the Property to I-35. over a half mile of frontage on the crystal clear Blanco River, the Property is part of a • Kyle, TX – Corresponding to its close proximity to Austin, the city of Kyle has large master-planned community undergoing its initial phases and poised for long-term seen an explosion of population growth with a 493% increase from 2000-2015. growth. Located near the Interstate 35 corridor, the Property is within 10 miles of Austin, The desirability of Kyle and the city’s proven track record on growth are a major 20 miles from Downtown Austin, and only 7 miles north of San Marcos. The Property benefit for any future hotel development. possesses the best features of the Hill Country including picturesque river frontage, beautiful hill country rolling topography, and a relaxing natural setting, combined with • Texas Hill Country – Positioned in the heart of the Texas Hill Country, a region of the growth minded city of Kyle, and a location less than 30 minutes from the Austin central Texas known for its picturesque, natural features, and scenic topography Bergstrom International Airport. which has grown in popularity amongst tourists and residents alike. • Tourism Destination – The Austin MSA continues to build upon a growing INVESTMENT HIGHLIGHTS tourism industry and features a $7.1 billion annual economic impact from visitor • River Frontage – The Property is highlighted by over a half mile of frontage on spending with 24.11 million annual visitors in 2015. the Blanco River, but also features scenic hill country rolling topography, and • Austin – Located on the Interstate 35 Corridor, the Property benefits from a a variety of mature tree species including many oak, pecan, black walnut and location in the Austin MSA, recently named by US News as the No. 1 “Best Places mountain laurels. to Live” and by Forbes magazine as “America’s No. 1 Boom Town” . • Conveniently Located – Located only 2 miles west of Interstate 35 and less than • Major Markets – Pulls from the major markets of both Austin MSA and San a 30-minute drive from the Austin Bergstrom International Airport, the Property Antonio MSA, featuring one of the fastest growing employment regions in the is easily accessible from Austin, San Marcos, and San Antonio. nation and a combined population of 4.5 million. Y A W S ES R P EX C A Austin Bergstrom P O Airport M 45 AUSTIN Circuit of the RM 150 BLANCO 6 Americas 2 6 RIVER 1 M RANCH F 1 Y 2 WA KYLE H RM IG 150 H SAN MARCOS 3 BLANCO RIVER RANCH - AUSTIN MSA (KYLE), TX 4 BLANCO RIVER RANCH - AUSTIN MSA (KYLE), TX D RIV E T IM E M AP LOCATION TIME DISTANCE UNIVERSITY Interstate 35 4 Minutes 1.9 Miles OF TEXAS Closest Grocery Store (HEB & Target) 7 Minutes 3.6 Miles ZILKER FM 1626/Kyle Parkway 7 Minutes 3.6 Miles AUSTIN AUSTIN PARK San Marcos 12 Minutes 10.0 Miles ZOO 45 Toll/Austin 13 Minutes 11.3 Miles Texas State University 16 Minutes 10.4 Miles San Marcos Premium Outlets 16 Minutes 15.2 Miles 130 Toll 20 Minutes 18.8 Miles AUSTIN-BERGSTROM Highway 71/ US 290 20 Minutes 19.4 Miles AIRPORT Dripping Springs (Wineries) 24 Minutes 20.3 Miles Circuit of the Americas (Formula 1) 25 Minutes 24.7 Miles Zilker Park (Austin City Limits Festival) 26 Minutes 22.5 Miles CIRCUIT Austin Bergstrom Airport 27 Minutes 26.0 Miles OF THE Downtown Austin 27 Minutes 23.6 Miles AMERICAS University of Texas 28 Minutes 24.4 Miles DRIPPING Gruene Hall (Texas' Oldest SPRINGS 28 Minutes 26.6 Miles Dance Hall) New Braunfels (Schlitterbahn Waterpark) 30 Minutes 28.5 Miles Austin Zoo 35 Minutes 22.5 Miles San Antonio 1 Hour 59.2 Miles SUBJECT PROPERTY PLANNED RM 150 SAN MARCOS TEXAS STATE UNIVERSITY NEW BRAUNFELS/ SAN MARCOS SAN ANTONIO PREMIUM OUTLETS 5 BLANCO RIVER RANCH - AUSTIN MSA (KYLE), TX R OA D I MPROV E M E NT S RM 150 45 TOLL ROAD The city of Kyle and Hays County are actively focused on facilitating planned Austin has continued to experience population growth, with many new residents growth throughout their boundaries. A major benefit of this is the planned locating to the west and southwest of downtown. In response to this growth, expansion and realignment of RM 150. The idea for the new road will be to create TxDOT is underway with a major roadway extension. In November 2016, a hill country parkway with scenic beauty, but it will also be designed to handle construction began on a new four-lane divided tollway segment of Highway 45. future traffic and mobility needs of the region. Planned to allow for 45 MPH This $109 million project is being constructed by McCarthy Building Companies speeds, this new roadway will be a major transformative force for the Property as and will span 3.6 miles connecting MoPac and FM 1626. The new roadway is well as the surrounding area. RM 150 will connect with Interstate 35 at Yarrington scheduled to be open to traffic in late 2019. Currently, Highway 45 connects to Road to the south of Kyle and run from that point northwest directly through MoPac and extends northward; this new segment will traverse to the southeast Blanco River Ranch, and then merge back to the current alignment of RM 150 and connect to FM 1626 near Manchaca, just north of the Hays County line. This just north of the Property. The portion of the parkway that is planned to run new toll road will feature extensive water quality protection measures, bicycle through the Property will feature a four-lane divided highway with large medians and pedestrian accommodations, and Green Mobility Challenge, and Context to maintain existing tree canopy and vegetation, and the distinct hill county feel. Sensitive Solutions. The decision to build the Toll Road is a win for mobility in In addition, the parkway will feature a meandering trail/sidewalk system along south and southwestern Austin as well as Hays County. with bike lanes to be added to the roadway. This roadway will be fundamental in the development and access of Blanco River Ranch. Not only will it raise the quality of life for the residents, but it will also attract commercial development and increase walkability and biking within the community. PLANNED COMMUNITY ROAD Additionally, a collector road will be constructed that circulates throughout the community. This road will be constructed to serve residential and commercial development, as well as access from the Destination Resort Site (the Property) to RM 150. PLANNED RM 150 THROUGH BLANCO RIVER RANCH 6 BLANCO RIVER RANCH - AUSTIN MSA (KYLE), TX A R E A O V E RVI E W LOCATION KYLE GROWTH Blanco River Ranch is located in the Northeastern portion of Hays County, just Kyle sits in Hays County, along the booming I-35 corridor. Its proximity to Austin west of Kyle, Texas. The Property is ideally positioned in the heart of the Texas and San Antonio offers a strategic location to both residents and businesses. Hays Triangle between Dallas/Fort Worth, Houston and San Antonio along Interstate-35, County is the 3rd fastest growing county in the nation. also known as the spine of Texas. This enviable location is a long-term competitive advantage in corporate location decisions as it provides employers with the ability CITY POPULATION PRIMARY TRADE AREA (PTA) to recruit from the 16.4 million highly-skilled workers of the largest metropolitan 1990 Census Population 3,234 areas, as well as providing easy access to all of Texas’ major cities. 2016 Population 263,171 2000 Census Population 5,314 2010 Census Population 28,016 2020 Estimated Population 293,349 2017 Estimated Population 39,400 2040 Forecasted Population 383,125 2020 Projected Population 49,000 KYLE, TEXAS 493% GROWTH RATE (2000-2015) TEXAS HILL COUNTRY DEMOGRAPHICS The Texas Hill Country is truly an iconic region of central Texas known for its 2017 Population: 39,400 picturesque natural features and scenic topography. It continues to gain popularity with tourists and nature lovers alike.
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