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For Sale, Lease or BTS +/-10 Acres NEC Shiloh Rd and Breckinridge Blvd Richardson, Texas
Zoned 2038-A SPL I-FP(1) Data Center, Bank, Office, Medical Office and more….
THE OPPORTUNITY
JLL is pleased to present a unique opportunity in
Richardson, TX minutes from the CityLine development.
The 10 acre site is currently zoned for a variety of uses
such as; office, bank, distribution facility, datacenter, to
name a few. This provides for a large flexibility of uses.
The surrounding area creates a unqique atmosphere
with great retail near by, lots of high paying jobs, a great
school district (Plano ISD), and easy access to the
George Bush Turnpike.
The area includes employment hubs such as the
“Telecom Corridor” and the new CityLine development,
which will bring over 18,000 jobs to the area. The site is
ideally positioned to take advantage of the growth
occurring in the immediate area. Located in the midst of
one of the most dynamic growth corridors in North
Texas guarantees a quick build of the project in its
entirety.
AREA DEMOGRAPHICS
Population 1 Mile 3 Mile 5 Mile
2015 Total Population: 7,956 90,576 281,788
2020 Population: 8,815 99,537 308,582
Pop Growth 2015-2020: 10.80% 9.89% 9.51%
Average Age: 39.60 37.30 36.80
HOUSEHOLDS
2015 Total Households: 3,021 32,258 98,460
HH Growth 2015-2020: 10.36% 9.63% 9.52%
Median Household Inc: $109,648 $77,855 $70,078
Avg Household Size: 2.60 2.80 2.80
2015 Avg HH Vehicles: 2.00 2.00 2.00
HOUSING
Median Home Value: $269,197 $191,519 $174,129
Median Year Built: 1994 1987 1984
POPULATION
DATA CENTER OVERVIEW
The Dallas/Fort Worth (DFW) data center market consists of just under three million square feet of data
center space and ~406 megawatts of inventory plac-ing it within the top three data center markets in the
United States. The DFW market has a large concentration (45 data centers per the 451 Group) of both
wholesale and retail multi-tenant data center providers. Conversely, over twenty corporately owned data
center reside in the metroplex as well. Two substations, located side by side (Oncor and Garland Power
and Light), were delivered in early January 2017 to supply the growing data center market in East Plano,
Richardson and North Garland.
1 DATA CENTER PROVIDERS
1) Global IP Network 2) Aligned 3) Ascent 4) ViaWest 5) SunGard 6) Digital Realty 7) DataBank 8) RagingWire
ENTERPRISE DATA CENTERS 1) IBM / Softlayer 2) Bank of America 3) TD Ameritrade 4) Cisco Systems 5) Catholic Health Charities 6) State Farm
1 10 ACRE SITE
SUBSTATION S
AREA OVERVIEW
RAGINGWIRE DATA CENTER RagingWire Data Centers, one of the nation’s
premier data center providers and an NTT
Communications group company, has purchased 42
acres of land at the corner of Lookout Drive and
Telecom Road. Construction will begin immediately with plans to build a one million square foot, 80
megawatt data center campus on the site.
CITYLINE
The $1.5 billion, 186-acre development at Plano Road and Bush Turnpike in the Telecom Corridor is
one of the largest new mixed-use developments in
the country. It’s home to State Farm Insurance’s
8,000-worker regional campus, and Raytheon has
start moving the first of its more than 1,500 workers
into the project. CityLine is planned to eventually
contain 6 million square feet of offices, almost
4,000 apartments, two hotels and 300,000 square
feet of retail space.
The property is just east of Richardson Methodist Hospital. The location is considered part of The Telecom Corridor, a technology business center in Richardson, Texas. The Telecom Corridor contains over 25 million square feet of office space and accounts for over 130,000 jobs. Located in the Dallas/Fort Worth area and home to the University of Texas at Dallas, the Corridor is a strip about 6.5 miles long along U.S. Route 75, between President George Bush Turnpike and Interstate 635. More than 5,700 companies, including 600 technology companies are headquartered in the area, including significant players such as AT&T, Alcatel-Lucent, Ericsson, Verizon, Samsung, Texas Instruments, and MetroPCS.
SIGNIFICANT AREA EMPLOYERS
D/FW FORTUNE 500 HEADQUARTERS
Exxon Mobil At&T Energy Transfer Equity American Airlines
Group Fluor Kimberly-Clark HollyFrontier Southwest Airlines Tenet Healthcare Texas Instruments JCPenney
Dean Foods GameStop D R Horton Commercial Metals Celanese Trinity Industries Dr Pepper Snapple
Group Energy Future Holdings Alliance Data Systems Pioneer Natural
Resources
The D/FW Metroplex is an innovation hub with resources that
make it an ideal business climate. The region’s attractive quality
of life, strong regional and state economy, low cost of living,
young and skilled labor force, pro-business mind-set and
absence of corporate and personal income taxes all contribute to
the thriving D/FW location. Over the past five years, Texas
added more jobs than the other 49 states combined. Due to its
central location and world-class transportation infrastructure, the
city gives businesses the advantage of operating in the Central
time zone, providing expanded business hours across the United
States and across a majority of Canada and Mexico. Dallas’
central location within the Sunbelt region also creates substantial
cost savings for businesses with intensive travel needs and product distribution functions .The region excels in passenger air
travel and air cargo operations with the nation’s third busiest
airport, D/FW International Airport; Dallas Love Field Airport,
home to the largest domestic airline in the country; and the
world’s first fully industrial airport, Fort Worth Alliance Airport.
As reported by the Dallas Economic Development department,
the region ranks among the top three U.S. metropolitan areas for
business expansions, relocations and employment growth. D/
FW’s highly educated workforce of almost three million people is
growing quickly, providing companies with an over abundance of
talent. The population growth has fueled real estate
development, as retailers and service providers expand to meet
increasing demand.
DALLAS OVERVIEW
Toyota Toyota North America has started construc-tion on their new HQ. The move will bring 5,000 jobs to DFW, not to mention the ancil-lary companies that will follow Toyota to DFW or at least open a satellite office here. FedEx FedEx Office plans to move its corporate headquarters from Dallas to the new devel-opment in Plano known as Legacy West. The move will consolidate 1,200 employees to a single location. Liberty Mutual Boston-based Liberty Mutual Insurance plans to have 5,000 employees working on a new campus in Plano by the end of 2017.
RECENT DFW RELOCATIONS
No state income tax
Michael Swaldi, AIA, SIOR Managing Director 214.438.6219 [email protected]
Larry McCorkle Managing Director 214.438.6216 [email protected]
Nick Hayden Associate 214.438.6488 [email protected]
Bo Bond Managing Director 214.438.6238 [email protected]
About JLL JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. JLL is a Fortune 500 company with, as of December 31, 2015, revenue of $6.0 billion and fee revenue of $5.2 billion, more than 280 corporate offices, operations in over 80 countries and a global workforce of more than 70,000. On behalf of its clients, the company provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015.
For Sale, Lease or BTS +/-10 Acres NEC Shiloh Rd and Breckinridge Blvd Richardson, Texas
