15.3 Acres of Downtown Prosper Commercial Contents • Intro, Aerials & Maps • Zoning • Executive Summary • Retail Leakage • News • Tapestry Information is furnished by broker to the best of his knowledge, but is subject to verification. Broker assumes no responsibility for the correctness. Sale offering is made sub- ject to errors, omission, change in price prior sale or withdrawal without notice. This property is offered without respect to race, color, creed or national origin. Luke Brown Teague Griffin Offered by: 972-658-0769 214-912-6156 [email protected] [email protected] Star Trail 1st Street Mixed Use Fifth Street 15.3 Acres (+/-) 2/20/2019 Tab_Prosper Page 1 PROSPER LOFTS #18224 UNIT TABULATION CREATED 02.18.2019 TYPE AREA NO. % TOTAL AREA A1 678 52 16.77% 35,256 59.68% 60 A2 721 74 23.87% 53,354 A3 772 34 10.97% 26,248 A4 832 25 8.06% 20,800 B1 1,025 36 11.61% 36,900 40.32% 40 B2 1,090 34 10.97% 37,060 B3 1,239 55 17.74% 68,145 TOTAL 310 100.00% 277,763 300 AVERAGE UNIT SIZE : 896.01 BUILDING TABULATION TYPE COUNT UNIT TYPES BLDG. AREA TOT. AREA A 2 12-A1;16-A2;8-A3;8-A4;6-B1;8-B2;12-B3; 62,242 124,484 A1 0 11-A1;16-A2;4-A3;11-A4;12-B1;2-B2;10-B3; 58,104 0 B 2 7-A1;6-A2;6-A3;3-A4;6-B1;6-B2;5-B3; 35,085 70,170 C 2 5-A1;12-A2;4-B1;6-B3; 23,576 47,152 TOTAL 7 277,763 MISCELLANEOUS: AVERAGE UNIT SIZE: 896.01 S.F. LAND AREA: 15.310 ACRES (GROSS) 10.909 ACRES (NET) DENSITY: 20.25 UNITS/ACRE (GROSS) 28.42 UNITS/ACRE (NET) PARKING: REQUIRED 512 SPACES 1.65P/ Unit PROVIDED 515 SPACES 1.66 P/UNIT 1.18 P/BED DIRECT 0 SPACES ASSIGN. 94 SPACES SURFACE 421 SPACES Tab_Prosper 2/20/2019 Tab_Prosper Page 2 BUILDING TYPES TOTAL ABCD NO. BLDGS 22217 A1 12 7 5 4 52 A2 16 6 12 6 74 A3 8 6 6 34 A4 83 325 B1664436 B2 8 6 6 34 B3 12 5 6 9 55 UNITS/BLDG 70 39 27 38 UTS/BLDG TYPE 140 78 54 38 310 GARAGE TABULATION DIRECT 00000TOTAL DIRECT ASSIGNABLE 14 20 8 10 94 TOTAL ASSIGNABLE GAR/BLDG TYPE 14 20 8 10 94 TOTAL GARAGES Tab_Prosper This map is created with a 15 minute driving radius to demonstrate the potential for multi- family living near job opportunities. The Blue Line represents the 15 minute area. $5 Billion Mile Legacy West Old Town Transportation Plan Section A: Four lane divided roadway with a landscaped median and a landscaped parkway separating pedestrians from traffic. This section serves as a major entrance into Old Town from the east. No on-street parking. Section B: Two lane divided boulevard with a large center median containing landscaping. Wide travel lanes allow for bicycle accommodation and a landscaped parkway separates pedestrians from traffic. No on-street parking. Section C: Two lane divided boulevard with a large center median containing landscaping. On-street parallel parking is permitted and a landscaped parkway separates pedestrians from traffic. Section D: Two lane undivided urban roadway. Wide 20’ sidewalks accommodate patio seating, pedestrian traffic and street trees. On-street angled parking is permitted and bulb-outs are located at intersections to enhance pedestrian visibility at crosswalks. Section E: Two lane undivided roadway with on-street parallel parking and an immediately adjacent 8’ sidewalk. A large private setback of 25’ is included. Section F: Two lane undivided roadway with on-street parallel parking and a 15’ sidewalk. 10’ of the sidewalk will be located within the right-of-way and the additional 5 feet will be a 5’ setback to building face. Section G: Two lane divided roadway with a center median containing landscaping. On-street parallel parking and a 10’ sidewalk are included. Land Use The predominant land use within Old Town will be single-family residential. All infill development within such areas should conform to the architectural guidelines established for the Old Town district. Such guidelines are created to protect the continuity of look and feel within Old Town. Along Broadway and First Street, single-family uses will gradually transition to boutique, cottage-style office and/or specialty retail uses. Broadway west of Coleman, will be the retail core of the downtown. Shops, restaurants, and small office uses may be located within the main street retail area. This area is intended to be the heart and main activity center of the Old Town Area. As redevelopment occurs, building frontages should be brought to the property line to be consistent with ultimate streetscape improvements. Adjacent to the retail core, a mixed-use district incorporating mixed use lofts/apartments will serve as a buffer between the Business Park and the core of Old Town. This area will also provide rooftops that service adjacent retail establishments. The Green space area will serve as a community park and its location adjacent to the retail core of Old Town and the mixed-use district will MSR make it an opportunistic and useable open space area. O Niche retail is recommended along Preston Road and at the northern end of Coleman. Retail development within these areas should fit within the architectural framework of the Old Town area. Setbacks should be Ordinance No. 16-73, Page 3 reduced, when possible, along Coleman and Broadway to frame the roadways. R I C L L I H N O T S E R P TWELVE OAKS LN CR 51 CR 50 FARM RD OLDDAIRY FALCON RD PEBBLE CREEK DR CR 83 CREEKRD WINDING CR 84 BEND OAK E FRONTIER PKWY TRL TWIN LAKES DR WORTHINGTON WAY W FRONTIER PKWY G A R N N WESLEY DR TRL SANTA FE SANTA R E T E SANTA FE LN HIGHLAND MEADOWS C N SUGAR LN COUNTRY VIEW DR W O O R A O SF-E R D R PD-15 SF-E A A SF-E CUSTERN RD DYLAN DR M TOMBSTONE DR COLLIN GREEN DR PD-44 MEADOW GREEN E PD-10 PD-59 COLLIN CT SF-12.5 M CT R AK R O POST O SF-17.5 SILVERLEAF CT R ST GULCH DRY D SF-15 PD-69 ELMHURST CT G PD-69 IA S N L E Y W L D C REMINGTON RD O N R N D T W LARIAT BLUE FOREST DR L O A CHEYENNEDR E K L DR E A M T FAIR OAKS LN W T P SF-15 C R T D N A C W A A R IE A VICTORY WAY VICTORY L EEK V S H Y HIG C N S DODGE DR FAIR OAKS LN R Q A CHISHOLM TRL A R A O O N W U L D T S D I I SF-15 L L C S N C L C N I T W T L D L A I E C R D I Y I STRAIT LN N R PD-15 N O A N E M O R D WATERVIEW DR GOODNIGHTTRL D HOLLOW G C E O T D W R BOZMAN TRL C SHADY R K T E E E C L B T N L T N L M SF WINCHESTER DR T R A SF-E E C S E G AVE D CIR E D A SF-12.5 O W N PD-44 D R K PD-32 M A A R F SF-10/12.5 E N I COLEMAN ST I S U R S SABINE DR N T J E Y ST D P N COLEMAN CEDAR D M N PD-36 B E A A E S SF-10 Y D R TANGLEWOOD S CHRISTIE R BEND DR O CT M W D N H LONESOME DOVE DR A A IL CC FARMS BLVD S COIT RDN I W E D PD-8 L R T L Y HIGHBRIDGE LN E WILDF LOW D H RUSTIC LN C R L ER K E RIO GRANDEDR RIO D N W A CT C OLD OAK OLD A B DR I T SAN BARNHILL Y T SF-E TRANQUILITY LN EVENING SUN DR L E S D A CT A R E JUAN SF-10/15 WICHITA D K N DR BUCKHORN C A O SPRING C O D O M ST. ANDREW LN R BERLY LN RD E D R A H DR SUMMER S SAGEBRUS STAR LN T R N PD-22 C DR SEDALIA D D CREEK DR CREEK R WHISPER R H COUNTRYSIDE TRAILSIDE I L DR DR N FEDERAL L B O WOODHAVEN DR D LIN RIDGE DR R SF DUB W PRINCE WILLIAM LN EE R Z ST DR T YPO TUMBLEWEED DR FAWN MI GODSTONE LN FEATHERSTONE LN SF-22 H INT CIR PD-1 S PARVIN RD I R S RHEA MILLS CIR D E SF-15 P HAVENBROOKLN PD-29 E E R R SILENT R BROOK CT G BROOKHILL KIRKWOOD LN CT A I P SUNNY D LAUREL VISTA CT N LAKE TRAIL LN I M R C R RIDGECT R KE TRAIL LN G KNOLL CIR E N MF LA S ANDOVER LN VIEW DR D EKWOOD L FOX RIDGE TRL N MEADOW N K VISTA WINSLOW LN B SOARING STARDR SF-15 B L M D R C C L N R U S N E I D E A O URST LN PD-35 A AKH L EMERALD E T O G R TRACE WAY C SF-10 A LAKESIDE DR C PD-63 M B R D O L R CC R I Y ST.