DESIGN DISTRICT DEVELOPMENT OPPORTUNITY...•Downtown Dallas – home to a workforce of more than 140,000 people, just east of the Property •Uptown Dallas/Victory Park – home to

DESIGN DISTRICT DEVELOPMENT OPPORTUNITY+/- 1.75 ACRES AVAILABLE

2227 IRVING BOULEVARD DALLAS | TEXAS

FOR MORE INFORMATION:

Scott [email protected]

Jake [email protected]

DB2RE.com

Land is our business.

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DB2RE.com

SIZE± 1.75 Acres

Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2015

Currently zoned IR. Can be added to PD 621ZONING

Land is our business.

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O | 214 526 3626

DEMOGRAPHICS2015 Population 1 Mile:2015 Population 2 Mile:2015 Population 3 Mile:% Proj Growth 2015-2020 1 Mile:% Proj Growth 2015-2020 2 Mile:% Proj Growth 2015-2020 3 Mile:2015 Median HH Income 1 Mile:2015 Median HH Income 2 Mile:2015 Median HH Income 3 Mile:2015 Average HH Income 1 Mile:2015 Average HH Income 2 Mile:2015 Average HH Income 3 Mile:Median Home Value 1 Mile:Median Home Value 2 Mile:Median Home Value 3 Mile:Average Home Value 1 Mile:Average Home Value 2 Mile:Average Home Value 3 Mile:

12,96265,226

131,36814.9%18.4%15.7%

$43,263 $68,775 $73,744 $51,762 $89,756 $98,098 $93,319

$245,300 $305,195 $101,061 $269,973 $351,321

TRAFFIC COUNTSIrving Boulevard:Sylvan Avenue:Wycliff Avenue:Oak Lawn:I-35E (west of Oak Lawn):I-35E (east of Oak Lawn):

15,970 VPD11,200 VPD7,490 VPD9,780 VPD

241,549 VPD269,028 VPD

2227 IRVING BOULEVARD

DESIGN DISTRICT DEVELOPMENT OPPORTUNITY

DALLAS | TEXAS

2929 Carlisle Street, Suite 380


Land is our business. DB2RE.comO | 214 526 3626

Design District A neighborhood originally developed for trade commerce, the Design District is a key piece of Dallas culture. The neighborhood is comprised of interior design showrooms, art galler-ies, fine dining establishments, and most recently, luxurious apartment homes with a vibrant live-work-play community. The Design District will soon welcome multiple new high-rise office projects into the areas trendiest scene that will include the construction of new apartments and restaurants. Approximately 1,500 multifamily residential units have been completed since 2009, and another ±1,400 are currently under construction or in the planning stages. Eclec-tic yet upscale, the area is evolving into a cultural hub, drawing not only creative and entre-preneurial start-ups, but fast-growing business ventures requiring access to Dallas’ center of commerce.

Trinity River ProjectThe 2.2 Billion dollar Trinity River project is one of the most monumental public works and economic development projects ever attempted. The new plan will include 30-plus acres of starter lakes including a 90-acre Urban Lake, a 56-acre Natural Lake and a 128-acre West Dallas Lake. In addition to the three Trinity River Lakes, the project will be used for flood protection, recreation, environmental restoration, and surge in economic development. At the completion of the project, residents and visitors from around the world will experience a new and exciting destination within the City of Dallas.

Trinity Strand TrailRecently, a group of dedicated individuals formed the Friends of the Trinity Strand Trail to spearhead the planning, construction and enhancement of a 7.8 mile non-motorized hike and bike trail along the original Trinity River watercourse. The purpose of the trail is to extend the Katy Trail to the Trinity River, but it will also provide Dallas citizen’s access to the Southwestern Medical District, Stemmons Corridor businesses, Downtown, Victory Park, Uptown, with the Dallas Design District. The Trinity Strand Trail will play an integral role in making these natural connections to the existing trails, neighborhoods, and communi-ties within the Dallas urban core. Once our project is complete, we will connect over 73 miles of trail.

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DALLAS DESIGN DISTRICT



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CURRENT DEVELOPMENTSInternational on Turtle Creek- One of Dallas’ highly anticipated urban redevel-opments has become a destination for a collection of showrooms, design firms and restaurants. Totaling 158,000 square feet, this award winning development recently sold to a local developer for 21.5 million and they plan to continue the success al-ready captured.

The Alexan Riverfront- Trammell Crow Residential is developing a 2.5 acre tract on Turtle Creek Boulevard just west of Riverfront Boulevard. Crow Residential’s $48 Million project will be a 5-story, 309-unit apartment building that will overlook the Trinity River and provide unparrelled views of the nearby downtown Skyline.

Alta Strand- Wood Partners has begun construction on Alta Strand on the cotner of Market Center and the Turtle Creek. The de-velopment will feature 400 apartment units, two clubhouses, five courtyard areas with two pools, a two-level fitness center with a yoga room, and a conference room for young professionals and families. Target-ing residents that will be integrated into the neighborhood mix of art galleries, design showrooms, restaurants and entertainment.

1400 Highline- The 24 story 312,708 square foot apartment tower in the Dallas Design District opened in 2012. Its major amenity is its breath taking view. The apart-ments have floor-to-ceiling windows and 7-foot decks that look onto the Margaret Hunt Hill Bridge, the American Airline’s Center and downtown Dallas along Inter-state 35E. This development set the stan-dard for High Rise Multifamily development in the Design District and today is still the premier location for the neighborhood’s residents.



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NEW DEVELOPMENT OPPORTUNITIES505 Riverfront- The property comprised of ±42 acres locat-ed on either side of the Calatrava Bridge and both east and west of Riverfront Blvd. The site is unique in that it is impossible to find such a large area of undeveloped land. This characteristic lends the advantage of endless development possibilities, including office, multi-family, hotel, condominium and retail.

899 Stemmons- Comprising 3.3 acres, is currently improved with one 10-story build-ing with an adjoined four-level parking ga-rage. Originally constructed as a hotel, the property was most recently used by Dallas County as a low-security detention center. 899 Stemmons presents itself as an iconic ur-ban redevelopment opportunity that has the potential to be a Design District land mark.

Dunhill Development- Bill Hutchinson, founder and CEO of Dunhill Partners, purchased 33 acres and about 700,000 square feet of buildings in the Dallas Design District in 2014, he had a vision to shake things up in a neighborhood originally developed for trade commerce. With the close-in proximity to downtown and uptown Dallas, Hutchinson and team knew they were poised to evolve the area into a vital work-play district – drawing not only creative and entrepreneurial start-ups, but fast-growing business ventures requiring access to Dallas’ cen-ters of commerce. With that vision, the booming Dallas Design District will soon welcome a new high-rise office project into the Dallas’ coolest and highly visibile scene – a fast-growing scene that has included the construction of new apartments and trendy restaurants,Virgin Hotel Florida-based Virgin Group’s Virgin Hotels brand fits right into the district with plans for luxury suites, restaurants and bar areas, as well as a rooftop terrace with a pool, spa and gym. The hotel will also include numerous meeting spaces.

Dunhill Partners is developing three new High Rise Developments that are expected to begin construction end of 2017:

Design District Office TowerJoie de Vivre Hotel & Apartments

Virgin Hotel & Residences



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DALLAS ECONOMIC DRIVERS•The 20 mile, $2.2 billion Trinity River Corridor Project will be the largest urban park in the nation adjacent to the Property •The world-class, Margaret Hunt Hill Bridge was completed in 2012 at a cost of $182 million and now seamlessly connects Singleton Boulevard in Trinity Groves across the Trinity River to Woodall Rodgers (Spur 366) into downtown Dallas and points beyond •The Trinity Strand Pedestrian Trail connects Trin-ity Groves to Uptown/Victory Park and Down-town Dallas, while allowing for walking, running, cycling, family outings, and city events and festi-vals •Downtown Dallas – home to a workforce of more than 140,000 people, just east of the Property •Uptown Dallas/Victory Park – home to the city’s strongest office, retail, and hospitality markets just north of downtown Dallas. •The recently completed $110 million Klyde War-ren Park connects Downtown Dallas and Uptown •The 68-acre Dallas Arts District, the largest con-tiguous arts district in the US, draws over 600,000 visitors annually just over one mile from the Prop-erty •Dallas Love Field Airport is two and a half miles north of the Property and generates $2 billion annually to the local Dallas economy •Dallas Medical District, home to four major hospitals including Parkland, Children’s Medical Center, University of Texas Southwestern Medical School, & Zale Lipshy. The Stemmons Corridor/Medical District provides over 100,000 jobs.

Just west of the Dallas central business district lies the Design District. Its centralized location and proximity to the Trinity River, lends unparalleled views and quick access to the area’s largest economic drivers and employers including:



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DALLAS FORT WORTH GROWTH

The Dallas/Fort Worth area and Texas office markets are seeing continuous improvement as population and job growth drive leasing and expansion. In 2014, Dallas/Fort Worth (DFW) ranked first in both percentage growth (3.5%) and absolute growth with 109,900 new jobs. From 2014 to 2019, the Metroplex is expected to rank first in both population and job growth, according to Moody’s Economy.com. During this period, Dallas/Fort Worth is forecasted to create approximately 438,100 new jobs while adding 756,200 new residents. DFW’s strong econom-ic fundamentals have bolstered the DFW office market as the number one metro nationally in absorption over the last seven quarters with 12.1 million square feet. Additionally, the DFW Class A office market ranks as the top metro nationally in absorption for 2015 YTD with over 3.8 million square feet. DFW’s national leading office market, reinforced by strong economic fundamentals, creates an attractive environment for investors looking to capitalize on DFW’s continued growth.

DALLAS/FORT WORTH – NATIONAL OFFICE AND ECONOMIC LEADER



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2227

FOR MORE INFORMATION:

Scott [email protected]

Jake [email protected]

2929 Carlisle StreetSuite 380

Dallas, Texas 75204

DALLAS, TEXASIRVING BLVD

Approved by the Texas Real Estate Commission for Voluntary Use. Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

INFORMATION ABOUT BROKERAGE SERVICES: Before working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are a prospective seller or landlord (owner) or a prospective buyer or tenant (buyer), you should know that the broker who lists the property for sale or lease is the owner’s agent. A broker who acts as a subagent represents the owner in cooperation with the listing broker. A broker who acts as a buyer’s agent represents the buyer. A broker may act as an intermediary between the parties if the parties consent in writing. A broker can assist you in locating a property, preparing a contract or lease, or obtaining financing without representing you. A bro-ker is obligated by law to treat you honestly.

Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.

Buyer, Seller, Landlord or Tenant

01A TREC No. OP-K

Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 or 512-465-3960.

IF THE BROKER REPRESENTS THE BUYER: The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representation agreement. A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent.

(4) may not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless authorized in writing to disclose the information or required to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property. With the parties’ consent, a broker acting as an intermediary between the parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to commu-nicate with and carry out instructions of one party and another person who is licensed under that Act and as-sociated with the broker to communicate with and car-ry out instructions of the other party.

IF THE BROKER REPRESENTS THE OWNER: The broker becomes the owner’s agent by entering into an agreement with the owner, usually through a written - listing agreement, or by agreeing to act as a subagent by accepting an offer of subagency from the listing broker. A subagent may work in a different real estate office. A listing broker or subagent can as-sist the buyer but does not represent the buyer and must place the interests of the owner first. The buyer should not tell the owner’s agent anything the buyer would not want the owner to know because an own-er’s agent must disclose to the owner any material information known to the agent.

IF THE BROKER ACTS AS AN INTERMEDIARY: A broker may act as an intermediary between the parties if the broker complies with The Texas Real Es-tate License Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or under-lined print, set forth the broker’s obligations as an in-termediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermedi-ary in a transaction:(1)shall treat all parties honestly;(2) may not disclose that the owner will accept a price less than the asking price unless authorized in writing to do so by the owner; buyer: and(3) may not disclose that the buyer will pay a price greater than the price submitted in a written offer un-less authorized in writing to do so by the buyer; and

IF YOU CHOOSE TO HAVE A BROKER REPRESENT YOU:You should enter into a written agreement with the bro-ker that clearly establishes the broker’s obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the right to choose the type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker represents you. If you have any questions regarding the duties and re-sponsibilities of the broker, you should resolve those questions before proceeding.

Date

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11-2-2015

Information About Brokerage Services Texas law requires all real estate license holders to give the following informaƟon about

brokerage services to prospecƟve buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS: .• A BROKER is responsible for all brokerage acƟviƟes, including acts performed by sales agents sponsored by the broker.• A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): • Put the interests of the client above all others, including the broker’s own interests;• Inform the client of any material informaƟon about the property or transacƟon received by the broker;• Answer the client’s quesƟons and present any offer to or counter-offer from the client; and• Treat all parƟes to a real estate transacƟon honestly and fairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a wriƩen lisƟng to sell or property management agreement. An owner's agent must perform the broker’s minimum duƟes above and must inform the owner of any material informaƟon about the property or transacƟon known by the agent, including informaƟon disclosed to the agent or subagent by the buyer or buyer’s agent.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a wriƩen representaƟon agreement. A buyer's agent must perform the broker’s minimum duƟes above and must inform the buyer of any material informaƟon about the property or transacƟon known by the agent, including informaƟon disclosed to the agent by the seller or seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parƟes the broker must first obtain the wriƩen agreement of each party to the transacƟon. The wriƩen agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligaƟons as an intermediary. A broker who acts as an intermediary:

• Must treat all parƟes to the transacƟon imparƟally and fairly;• May, with the parƟes' wriƩen consent, appoint a different license holder associated with the broker to each party (owner and

buyer) to communicate with, provide opinions and advice to, and carry out the instrucƟons of each party to the transacƟon.• Must not, unless specifically authorized in wriƟng to do so by the party, disclose:ᴑ that the owner will accept a price less than the wriƩen asking price;ᴑ that the buyer/tenant will pay a price greater than the price submiƩed in a wriƩen offer; andᴑ any confidenƟal informaƟon or any other informaƟon that a party specifically instructs the broker in wriƟng not to

disclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transacƟon without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s duƟes and responsibiliƟes to you, and your obligaƟons under the representaƟon agreement.• Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This noƟce is being provided for informaƟon purposes. It does not create an obligaƟon for you to use the broker’s services. Please acknowledge receipt of this noƟce below and retain a copy for your records.

Licensed Broker /Broker Firm Name or Primary Assumed Business Name

License No. Email Phone

Designated Broker of Firm License No. Email Phone

Licensed Supervisor of Sales Agent/Associate


Sales Agent/Associate’s Name License No. Email Phone

Regulated by the Texas Real Estate Commission

Buyer/Tenant/Seller/Landlord Initials

InformaƟon available at www.trec.texas.gov IABS 1-0

Date

Scott Lake 618506 [email protected]

11-2-2015

Information About Brokerage Services Texas law requires all real estate license holders to give the following informaƟon about

brokerage services to prospecƟve buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS: .• A BROKER is responsible for all brokerage acƟviƟes, including acts performed by sales agents sponsored by the broker.• A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): • Put the interests of the client above all others, including the broker’s own interests;• Inform the client of any material informaƟon about the property or transacƟon received by the broker;• Answer the client’s quesƟons and present any offer to or counter-offer from the client; and• Treat all parƟes to a real estate transacƟon honestly and fairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a wriƩen lisƟng to sell or property management agreement. An owner's agent must perform the broker’s minimum duƟes above and must inform the owner of any material informaƟon about the property or transacƟon known by the agent, including informaƟon disclosed to the agent or subagent by the buyer or buyer’s agent.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a wriƩen representaƟon agreement. A buyer's agent must perform the broker’s minimum duƟes above and must inform the buyer of any material informaƟon about the property or transacƟon known by the agent, including informaƟon disclosed to the agent by the seller or seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parƟes the broker must first obtain the wriƩen agreement of each party to the transacƟon. The wriƩen agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligaƟons as an intermediary. A broker who acts as an intermediary:

• Must treat all parƟes to the transacƟon imparƟally and fairly;• May, with the parƟes' wriƩen consent, appoint a different license holder associated with the broker to each party (owner and

buyer) to communicate with, provide opinions and advice to, and carry out the instrucƟons of each party to the transacƟon.• Must not, unless specifically authorized in wriƟng to do so by the party, disclose:ᴑ that the owner will accept a price less than the wriƩen asking price;ᴑ that the buyer/tenant will pay a price greater than the price submiƩed in a wriƩen offer; andᴑ any confidenƟal informaƟon or any other informaƟon that a party specifically instructs the broker in wriƟng not to

disclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transacƟon without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s duƟes and responsibiliƟes to you, and your obligaƟons under the representaƟon agreement.• Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This noƟce is being provided for informaƟon purposes. It does not create an obligaƟon for you to use the broker’s services. Please acknowledge receipt of this noƟce below and retain a copy for your records.

Licensed Broker /Broker Firm Name or Primary Assumed Business Name


Designated Broker of Firm License No. Email Phone

Licensed Supervisor of Sales Agent/Associate


Sales Agent/Associate’s Name License No. Email Phone

Regulated by the Texas Real Estate Commission

Buyer/Tenant/Seller/Landlord Initials

InformaƟon available at www.trec.texas.gov IABS 1-0

Date

Jake Milner 647114 [email protected]

Documents

DESIGN DISTRICT DEVELOPMENT OPPORTUNITY...•Downtown Dallas – home to a workforce of more than 140,000 people, just east of the Property •Uptown Dallas/Victory Park – home to