Upload
others
View
0
Download
0
Embed Size (px)
Citation preview
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
��
��
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
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
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
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
Outward View from the Hall Site
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
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.
HALL SITE RENDERING
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.
DICKA SON SITE RENDERING
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.