Bakken Village Vision Book

Location

VIS ION BOOK

SEPTEMBER 2012

01 | BAKKEN VILLAGE VISION BOOK FOURFRONT DESIGN INC.

Contents

Overview

Location

Consumer and Trade Area

Demographics

Land Use Plan

Community Character

Community Services

Amenities

Contact

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10Produced by

FourFront Design, Inc.517 7th St.

Rapid City, SD 57701(605) 342-2377

BAKKEN VILLAGE VISION BOOK | 02

OverviewBakken Village is a master planned community located in the thriving economic center of Williams County, North Dakota. An attractive mix of housing, retail, and amenities, The Village will provide a long-lasting economic stimulus to the region and increase area residents’ quality of lives for years to come. The current lack of quality housing will be alleviated, with a mix of housing opportunities from affordable apartments, duplexes, and single-family homes to spacious rural ranch homes.

The surrounding environment evokes a feeling of living on the North Dakota native prairie, yet is close to the conveniences of a larger metropolitan center with commercial opportunities such as retail shopping, entertainment venues, department stores, dining, and local events all located within the community. The commercial center of activity is further enhanced by the Village Square, providing public events such as farmers markets, art shows, concerts, and regional celebrations.

Natural amenities abound with fishing, hiking, biking, trails, golfing, archery, and a water park all located within the landscape and along the picturesque Little Muddy River.

Come home to more at Bakken Village.

Location


Bakken Village is located 8 miles north of Williston, North Dakota,

directly east of the intersection of Highway 2 and Highway 85,

which is locally known as “13 mile corner” and one of the busiest

corridors in the region.

The site is easily accessible from all directions and is only 10

minutes northeast of Williston, offering quiet country living, vast

views of the prairie, and convenient access to local amenities. The

site is in a prime location to handle a large amount of development,

due to the natural drainage pattern and buildable topography. With

the location offering high visibility from the highway corridor,

convenience of a premium trade area, and natural open space, The

Village presents an unparalleled development opportunity.

Bakken Village


Consumer and Trade Area

Bakken Village is located at the epicenter of the recent commercial, residential, and industrial development activity in western North Dakota. According to a recent study, the surrounding region is expected to reach a peak population of 120,000 to 130,000 people around the 2025-2030 time frame.

• Lease rates in Williston are three times higher than those in comparable cities in the region, and the vacancy rate in Williston is near 0%.

• Ina2007-2010study,NorthDakotawasconsistentlyamongthefivestates with the lowest business failure rates.

• In 2011, the average income for those in the oil industry was $81,000 and $60,716 for all other types of employment.

• The region is proceeding with plans infrastructure build-out, including housing and retail development. a highway bypass to improvetrafficflow,anew truck stop complex, and a proposed truck stop and commercial development at 13-Mile Corner, located near Bakken Village.

A booming trade area with dynamic growth potential.


Demographics

AVERAGE DAILY TRAFFIC COUNTS

Highway 2 10,275

Highway 85 4,300

June 2012

Northwestern North Dakota is currently one of the hottest small

markets in the country, with no indication of this changing. Thanks

to rising population levels and rapidly rising income levels, Bakken

Village is primed to be a premier destination for living, working,

and recreating.

In a recent study, trends point towards potential home purchasers staying in the region:

• 81% like it here,• 95% like their jobs, and• 79% expect to live here in five years.

INCOME PROJECTIONS

2011 $60,716 2021 $67,036

2017 $64,433 2025 $69,744

ESTIMATED WORK FORCE IN WILLIAMS COUNTY


Land Use Plan

See the back cover for a larger version.

Bakken Village offers first class regional amenities in two development phases. Phase One encompasses

commercial opportunities with visible highway frontage, light industrial uses, affordable housing, single-family residential with riverside frontage,

community services, outdoor recreation, and a bustling downtown center of economic growth and activity.

Phase Two accommodates additional residences, schools, commercial hubs, and open spaces with

outdoor recreational opportunities. Expansive open spaces along the Little Muddy River are integrated into

the community for comfort, convenience, and appeal.

Quality amenities for years to come.


Community CharacterRecreational opportunities abound in Bakken

Village, with outdoor activities including golfing,biking,hiking,andfishingrightout

the residents’ front doors. Unique retail shops as well as anchor commercial stores allow for

convenient shopping around town.

The community caters to families as well as individuals, offering a mix of housing options at affordable prices and a variety of activities and

events for all to enjoy.


Community ServicesCommunity services will be provided on site

at Bakken Village.

These include a school system, with activity fieldsnexttotheLittleMuddyRiver.Alsoincludedarefire,ambulance,andemergencyservices to protect and serve the residents of

Bakken Village.

Wastewater treatment will be handled on site, and may even serve to alleviate stresses

on current regional facilities.

City municipal services will also be provided, and will include a Village Square

for gatherings and events located in the heart of the downtown district.


Amenities



Contact

For more information, contact us at(605) 342-9470 or

[email protected]

Visit our website at www.bakkenvillage.com

These materials and the features and amenities described and depicted are based on current development plans, which are subject to change without notice. No guarantee is made that the features, amenities and facilities depicted by images or otherwise described will be provided, or if provided, will be of the same type, size or nature as described or depicted.


Location

Documents

Bakken Village Vision Book