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Preston and Spring Creek.3.Pub FOR SALE 10.75 acres Ohio Drive & Lorimar Drive One block east of Preston Road Plano, Texas Prime location in North Plano THE OPPORTUNITY JLL is pleased to present a premiere development site in the heart of Plano, TX. The 10.75 acre infill opportunity is already entitled for a variety of uses and with an SUP that further increases. Located a short two mile drive down Preston Road from Legacy Drive, it is well positioned to benefit from the hottest development region in the U.S. The site location offers a mature location with extremely attractive demographics. Surrounded by high priced single family and high quality retail, a number of uses would work extremely well here. IMMEDIATE AREA DEMOGRAPHICS One-Mile Three-Miles Five-Miles PROPERTY DESCRIPTION Size: 10.75 Acres Population Access: Ohio Drive/Lorimar Drive 2015 Population 13,904 113,375 341,106 Zoning: Retail 2020 Population 15,596 127,178 387,580 Utilities: To the property Average Age 36.7 38 37.70 Jobs: Over 10,000 new jobs recently Households announced 2015 Households 6,332 45,671 139,019 MAJOR AREA EMPLOYERS HH growth 2015=2020 12.11% 12.19% 13.49% Bank of America HP Enterprise Services Median HH income $72,610 $94,685 $82,745 Baylor Medical Intuit Average HH size 2.20 2.50 2.40 Beal Bank JCPenney Capital One Finance Liberty Mutual 2015 average HH vehicles 2.00 2.00 2.00 Children's Medical McAfee Housing Denbury Resources PepsiCo Dr Pepper Snapple Pizza Hut Median home value $328,453 $309,879 $257,920 Ericsson Rent‐A‐Center Median year built 1994 1994 1994 FedEx Texas Instruments *Estimates Frito‐Lay Toyota THE AREA Plano, Texas is located 19 miles north of downtown Dallas, and is the fourth largest city in the Dallas-Fort Worth Metroplex with over 266,000 residents. Excellent schools and affordable housing have lured many employees and their families to Plano. As a result, Plano offers an abundance of high-paying jobs, great schools, and a low cost of living relative to the nation's coasts. Plano is home to several Fortune 1000 corporations, global companies and over 10,000 businesses. A Plano location provides companies with workforce talent, a competitive business climate, world-class business parks and superior accessibility. A 30-minute drive to DFW International Airport (world’s third busiest) and a Central Time Zone location provide quick access to both US coasts and direct flights to international destinations. All of these factors help explain why it was ranked #1 Best City to Build Personal Wealth by Salary.com. POPULATION & GROWTH PLANO’S FORTUNE 1000 2000 2010 2015 Plano 222,030 259,841 278,480 Collin County 491,675 782,341 885,241 Dallas-Fort Worth 5,161,544 6,520,941 6,810,913 Dallas Love Field: Located 7 miles from downtown Dallas, and only 30 minutes from Plano, it serves 8.7 million passengers a year. Addison Airport and McKinney National Air- RECENT ACCOLADES port : 15 minutes from Plano. Addison Airport is the 3rd Hardest Working City in third-largest general aviation airport in the nation. America—WalletHub.com Dallas Area Rapid Transit (DART ): Light rail ser- 10th Best City to Find a Job— vice at two rail stations. Bus and shuttle service are availa- WalletHub.com ble throughout the city. 4th Safest City in America— Highways: Plano contains within its boundaries SH 190, Movoto Real Estate Blog Dallas North Tollway, US 75, and SH 121 9th Best City for Young Port of Houston: Second largest port in the Nation is Entrepreneurs—Nerdwallet.com 260 miles from Plano. Best City or Suburb for Raising Children—Dallas Child Magazine Ranked 2nd in the Top 25 Cities for Working Parents— Nerdwallet.com <style>#main. DALLAS OVERVIEW The D/FW Metroplex’ ideal business climate is due in part to the region’s quality of life, strong economy, low cost of living, skilled DFW FORTUN 500 HEADQUARTERS labor force, pro-business mind-set and absence of corporate and Exxon Mobil Dean Foods personal income taxes. The Region has added 1,60,00 residents AT&T GameStop Energy Transfer Equity D R Horton in the last decade and is projected to grow to 10,500,000 by the American Airlines Commercial Metals year 20540. D/FW excels in passenger air travel and air cargo Fluor Celanese operations with the nation’s third busiest airport, D/FW Kimberly-Clark Trinity Industries HollyFrontier Dr Pepper Snapple International Airport; Dallas Love Field Airport, home to the largest Southwest Airlines Group domestic airline in the country; and the world’s first fully industrial Tenet Healthcare Energy Future Holdings airport, Fort Worth Alliance Airport. Texas Instruments Alliance Data Systems JC Penney Pioneer Natural As reported by the Dallas Economic Development department, the Resources Toyota region ranks among the top three U.S. metropolitan areas for Toyota North America has started business expansions, relocations and employment growth. D/FW’s construction on their new HQ. The move will highly educated workforce of almost three million people is bring 5,000 jobs to DFW, not to mention the ancillary companies that will follow Toyota to growing quickly, providing companies with an over abundance of DFW or at least open a satellite office here. talent. The population growth has fueled real estate development, as retailers and FedEx FedEx Office plans to move its corporate service providers headquarters from Dallas to the new development in Plano known as Legacy West. The move will consolidate 1,200 employees to a single location. Liberty Mutual Boston-based Liberty Mutual Insurance plans to have 5,000 employees working on a new campus in Plano by the end of 2017. ACCESSIBILITY Every major city in the continental US can be accessed within 4 hours LOW HOUSING COSTS Home to more than On average, housing costs are 50% less 12 professional & than in other major metropolitan areas amateur sports Dallas Area Rapid Transit (DART) and Trinity 14 night life corridors Railway Express (TRE) move more than with more than 2,500 220,000 people across 700 mile area each day restaurants The Metroplex is home to 25 By truck, distributors can college and universities with efficiently reach 93 % of the more than 300,000 students population within 48 hours TEXAS WHY Whether you live in a major metro area or in a small town, Texas is a great place to do business and build a home. The state is one of the most business-friendly in the United States, with low taxes, a low cost of housing and a high quality of education. Texas is home to the largest medical center in the nation and the #2 cancer center; 3 of the most affordable cities are in Texas. Four cities rank in the top 10 big cities for home ownership; Texas’ six largest cities have a cost of living below the national average. There are few states that can match the State’s current job opportunities, growth and residential quality of life. Texas continues to reign as the nation's top ‘domestic migration destination’. "Texas cities are clearly the place to be in terms of job creation, wealth formation and overall growth.” -Forbes Site Selection’s Governor’s Cup for being the state with the most new and expanded corporate facilities in 2014 CEOs Name Texas Best #1 Exporting US state Home of 52 Fortune 500 No Personal Income State for Business for 10th Tax Companies year in a row “Texas—what else needs to be said—great people, low tax, low regula- tion, great central location.” - ChiefExecutive.net Excellence in State Job Creation and Economic Development efforts Top State for Infrastructure, Exports, Natural Gas 13M person labor force, Led nation with 457,900 Top rated Air, Land, Sea, Production and Renewable 2nd highest in the country jobs created in 2014 Logistics infrastructure Energy “Texas offers us the infrastructure support and resources we need to run our business.” -Jim Wiseman Vice President Toyota Manufacturing of Texas #1 Best State for Future Job Growth and Economic Climate America’s Top State for Economy & Infrastructure 148 colleges awarded Texas ranks 15th for Third largest share of 63,300 degrees in 2013 lowest cost of living domestic tourism Michael Swaldi, AIA, SIOR Larry McCorkle Nick Hayden Executive Vice President Executive Vice President Associate 214.438.6219 214.438.6216 214.438.6488 [email protected] [email protected] [email protected] .
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