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Two Unique Development Opportunities Nestled in the Heart of Turtle Creek Dallas, Texas TURTLE CREEK DUO 3555 DICKASON AVENUE 3407 NORTH HALL STREET THE LAST REMAINING HIGH PROFILE DEVELOPMENT SITES LOCATION WITHOUT EQUAL | STUNNING VIEWS | PRESTIGIOUS TURTLE CREEK

THE LAST REMAINING HIGH PROFILE DEVELOPMENT SITES · 2019. 3. 20. · Dallas, Texas. This walkable area is filled with upscale townhomes, condos, apartments, and duplexes. The Neighborhood

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Page 1: THE LAST REMAINING HIGH PROFILE DEVELOPMENT SITES · 2019. 3. 20. · Dallas, Texas. This walkable area is filled with upscale townhomes, condos, apartments, and duplexes. The Neighborhood

Two Unique Development Opportunities Nestled in the Heart of Turtle Creek

Dallas, Texas

T URTLE CREEK DUO

3555 DICKASON AVENUE

3407 NORTH HALL STREET

THE LAST REMAINING HIGH PROFILE DEVELOPMENT SITESLOCATION WITHOUT EQUAL | STUNNING VIEWS | PRESTIGIOUS TURTLE CREEK

Page 2: THE LAST REMAINING HIGH PROFILE DEVELOPMENT SITES · 2019. 3. 20. · Dallas, Texas. This walkable area is filled with upscale townhomes, condos, apartments, and duplexes. The Neighborhood

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Cedar Springs Rd

Cedar Springs Rd

Deep Ellum

WestVillage

OakLawnPark

TheCentrum

TheMansion

onTurtle Creek

ArlingtonHall

Uptown

The MelroseHotel

TheCrescent

AmericanAirlinesCenter

ReverchonPark

Oak Lawn Avenue

Oak Lawn Avenue

DallasCBD

Hall St

Hall St

T URTLE CREEK DUO

3555 DICKASON AVENUE

3407 NORTH HALL STREET

Turtle Creek Blvd

Turtle Creek Blvd

Page 3: THE LAST REMAINING HIGH PROFILE DEVELOPMENT SITES · 2019. 3. 20. · Dallas, Texas. This walkable area is filled with upscale townhomes, condos, apartments, and duplexes. The Neighborhood

JLL is pleased to present two of the last remaining development opportunities located within the Turtle Creek neighborhood in Dallas, Texas. This walkable area is filled with upscale townhomes, condos, apartments, and duplexes. The Neighborhood primarily constitutes top-earning, professional households contributing to one of the wealthiest areas of Dallas.

3555 Dickason Ave (or “Dickason”) contains approximately 34,681 square feet and is zoned for residential – multifamily with an approved building permit in place. The site is located on the corner of Dickason Avenue and Hood Street just a block north of The Mansion. Permit Issued!

3407 N. Hall Street (or “Hall”) contains approximately 22,399 square feet and is a development opportunity with allowable uses such as residential, office, hotel, retail and medical. The site is located on the corner of Turtle Creek Boulevard and North Hall Street, adjacent to the Oak Lawn Park. Permit Ready!

THE OPPORT UNIT Y

Page 4: THE LAST REMAINING HIGH PROFILE DEVELOPMENT SITES · 2019. 3. 20. · Dallas, Texas. This walkable area is filled with upscale townhomes, condos, apartments, and duplexes. The Neighborhood

This offering represents a generational opportunity to acquire two prime development sites in the prestigious Turtle Creek neighborhood that will appeal to a global upscale audience which places value on putting an architectural stamp on one of the most desired and affluent neighborhoods in Dallas.

Prime Development Opportunities • Dallas’ premier luxury living for the most sophisticated Dallas residents • Irreplaceable infill locations with high barriers to entry – Dickason and Hall represent the last true development opportunities

within the prestigious neighborhood • Both sites are “shovel-ready.” Dickason has a permit issued and Hall is permit-ready

Location Without Equal - Prestigious Turtle Creek Offers Extraordinary Amenities • These sites offer the ultimate live-work-play environment being nestled between Uptown and Highland Park with unlimited

options for shopping, dining, entertaining • Turtle Creek is home to two beautiful Parks - Oak Lawn and Reverchon – and features tree- covered beautiful walking trails and

gentle waterfalls along the elegant Turtle Creek • Immediate access to the Katy Trail, one of the Urban Core’s main outdoor entertainment attraction • With immediate proximity to over 300 restaurants, bars, and convenient access to world renowned museums and hotels,

revolutionary parks, theaters, sports and music venues, Turtle Creek truly has an amenity portfolio without equal

INVESTMENT HIGHLIGHTS

Page 5: THE LAST REMAINING HIGH PROFILE DEVELOPMENT SITES · 2019. 3. 20. · Dallas, Texas. This walkable area is filled with upscale townhomes, condos, apartments, and duplexes. The Neighborhood

Stunning Views • Hall: The only development site left facing Oak Lawn Park with beautiful views of the park and Turtle Creek • Dickason: the site sits elevated and will offer unbelievable 360 degree panoramic views including the gorgeous Dallas skyline

Strong Market Fundamentals – Proximity to Major Employment • Uptown/Dallas CBD, Dallas’ largest employment market with 135,000 jobs is only minutes way • Turtle Creek is home to some of Dallas’ most premier office campuses - Crow Holding’s Old Parkland Campus, Vantage

Companies HQ and the Perot Family HQ • Multifamily Highrise Development • Whether it is multifamily or office, Turtle Creek is arguably one of the hottest submarkets in all of Texas • Extraordinary affluent demographics

Dallas/Fort Worth – The Ultimate Economic Juggernaut • Dallas/Fort Worth is one of the fastest growing economies generating an average of 100,000 jobs per year. Approximately

94,700 (2.6%) new jobs added in 2018 • Dallas/Fort Worth is the 4th largest economy in the US ($580B GDP) • DFW’s current population is approximately 7.5 Million people and will surpass Chicago to become the 3rd largest MSA in the

country by 2030 • Ranked 2nd top metropolitan area for property investment in America over the past 2 years • Unemployment reached 3.3% (Dec. 2018), which is lower than the Texas and National average

INVESTMENT HIGHLIGHTS

Page 6: THE LAST REMAINING HIGH PROFILE DEVELOPMENT SITES · 2019. 3. 20. · Dallas, Texas. This walkable area is filled with upscale townhomes, condos, apartments, and duplexes. The Neighborhood

Outward View from the Hall Site

Page 7: THE LAST REMAINING HIGH PROFILE DEVELOPMENT SITES · 2019. 3. 20. · Dallas, Texas. This walkable area is filled with upscale townhomes, condos, apartments, and duplexes. The Neighborhood

The income per capita in Oak Lawn is 153% higher than the national average

The median household income in Oak Lawn is 45%

higher than the national average

Livability score of Oak Lawn is 75 which is higher than average of DFW, Texas and

USA

The unemployment rate in Oak Lawn is 54% lower than

the national average

153%HIGHER

45%HIGHER

54%LOWER

75LIVABILITY SCORE

T URTLE CREEK - OAK L AWN NEIGHBORHOOD STATS

Page 8: THE LAST REMAINING HIGH PROFILE DEVELOPMENT SITES · 2019. 3. 20. · Dallas, Texas. This walkable area is filled with upscale townhomes, condos, apartments, and duplexes. The Neighborhood

ADDRESS |3407 N. HALL ST, DALLAS, TX 75219

LOT SIZE | 22,399 SF

USES | RESIDENTIAL, OFFICE, HOTEL, RETAIL, MEDICAL

ZONING | PD 193 - 02

FAR | 4:1 (4.5:1 FOR RESIDENTIAL USE)

MAX STRUCTURE HEIGHT | 240 FT

PROPERTY DESCRIPTION

HALL

PERMITREADY

Hall purchase is not tied to project plans. If interested in

more information regarding the renderings, please contact

Jorg Mast.

Page 9: THE LAST REMAINING HIGH PROFILE DEVELOPMENT SITES · 2019. 3. 20. · Dallas, Texas. This walkable area is filled with upscale townhomes, condos, apartments, and duplexes. The Neighborhood

HALL SITE RENDERING

Page 10: THE LAST REMAINING HIGH PROFILE DEVELOPMENT SITES · 2019. 3. 20. · Dallas, Texas. This walkable area is filled with upscale townhomes, condos, apartments, and duplexes. The Neighborhood

PERMITISSUED

ADDRESS |3555 DICKASON AVE, DALLAS, TX 75219

LOT SIZE | 34,681 SF

USES | RESIDENTIAL

ZONING | PD 193 - MF3

FAR | 4:1

MAX STRUCTURE HEIGHT | NO RESTRICTION

PROPERTY DESCRIPTION

Dickason

Dickason purchase is not tied to in-place permit or project plans. If interested in more information regarding the renderings, please contact

Jorg Mast.

Page 11: THE LAST REMAINING HIGH PROFILE DEVELOPMENT SITES · 2019. 3. 20. · Dallas, Texas. This walkable area is filled with upscale townhomes, condos, apartments, and duplexes. The Neighborhood

DICKA SON SITE RENDERING

Page 12: THE LAST REMAINING HIGH PROFILE DEVELOPMENT SITES · 2019. 3. 20. · Dallas, Texas. This walkable area is filled with upscale townhomes, condos, apartments, and duplexes. The Neighborhood

T URTLE CREEK DUO

5 MINUTE DRIVE

5 MINUTE BIKE

5 MIN

UTE W

ALK

3555 Dickason Avenue3407 North Hall Street

KATY

TRAI

L

N

KATY

TRAI

L

WOODALL RODGER

S FREE

WAY

WOODALL RODGER

S FREE

WAY

HASKELL AVENUE

HASKELL AVENUE

FITZHUGH AVENUE

FITZHUGH AVENUE

HENDERSON AVENUE

HENDERSON AVENUE

NORT

H CE

NTRA

L EX

PRES

SWAY

NORT

H CE

NTRA

L EX

PRES

SWAY

DALL

AS N

ORTH

TOL

LWAY

DALL

AS N

ORTH

TOL

LWAY

HIGHLAND PARK

HIGHLAND PARK

LEMMON AVENUE

LEMMON AVENUE

ParklandParkland

Old ParklandCampus

Old ParklandCampus

HighlandPark

Village

HighlandPark

Village

KnoxHenderson

KnoxHenderson

Katy TrailKaty Trail

WestVillageWest

Village

ReverchonPark

ReverchonPark

Katy TrailIce HouseKaty TrailIce House

QuadrangleQuadrangle

Whole FoodsWhole Foods

Arts DistrictArts District

The Crescent

The Crescent

Victory ParkVictory Park

TrinityGrovesTrinityGroves

BishopArts

BishopArts

CentralBusinessDistrict

CentralBusinessDistrict

Deep EllumDeep Ellum

Preston HollowPreston Hollow

University ParkUniversity Park

Highland ParkHighland Park

TURTLE CREEK DUO

Devonshire/Blu�viewDevonshire/Blu�view

GreenwayParks

GreenwayParks

For More Information, Please Contact:Jorg MastExecutive Vice [email protected]

This Brochure is provided for the sole purpose of allowing a potential investor to evaluate whether there is interest in proceeding with further discussions regarding a possible purchase of or investment in The Turtle Creek Duo (the “Properties”).

The potential investor is urged to perform its own examination and inspection of the Properties and information relating to same and shall rely solely on such examination and investigation and not on this Brochure or any materials, statements or information contained herein or otherwise provided.

Neither Jones Lang LaSalle Americas, Inc. nor the Owner, nor any of their respective partners, directors, officers, employees, shareholders, manager and agents (collectively, “Agents”), make any representations or warranties, whether express or implied, by operation of law or otherwise, with respect to this Brochure or the Property or any materials, statements (including financial statements and projections) or information contained herein or relating thereto, or as to the accuracy or completeness of such materials, statements or information, or as to the condition, quality or fitness of the Property, or assumes any responsibility with respect thereto. Such materials, statements and information have in many circumstances been obtained from outside sources and have not been tested or verified. Projections, in particular, are based on various assumptions and subjective determinations as to which no guaranty or assurance can be given.

Without limiting the foregoing, in the event this Brochure contains information relating to asbestos or any other hazardous, toxic or dangerous chemical, item, waste or substance (“Hazardous Materials”) in relation to the Property, such information shall in no way be construed as creating any warranties or representations, expressed or implied, by operation of law or otherwise, by Agents or the Owner, as to the existence or non-existence or nature of Hazardous Materials in, under, on or around the Property.

This Brochure is provided subject to errors, omissions, change of price or terms and other changes to the materials, statements and information contained herein or relating to the Property, and is subject to withdrawal, all without notice. The contents hereof are confidential and are not to be reproduced or distributed to any person or entity without the prior written consent of Agents or used for any purpose other than initial e valuation as indicated above.