fort worth – texas - simon · [email protected] greg vlahos (817) 685-3048 [email protected]...
TRANSCRIPT
FORT WORTH – TEXAS
Founded in 1848, the family-owned Edwards Ranch predates the very city that has grown up around it. Once spanning 7,000 acres across southwest Fort Worth, land used for the Edwards’ cattle operation is now occupied by many landmarks such as the Fort Worth Zoo and Colonial Country Club.
As passionate stewards, Cassco Development Co., the development arm of Edwards Ranch, is now focusing on the 270 acres known as Clearfork. Plans for Clearfork involve careful consideration of how best to cultivate the last undeveloped portion of this legendary land to create a timeless contribution to Fort Worth.
Clearfork will be an upscale, mixed-use development in the heart of the city. Here along the Clear Fork of the Trinity River, an inspired mix of retail, entertainment, residences and offices will blend withexpanses of natural green space and direct access to the Trinity Trails system.
FROM LEGACY TO LUXURY
BR
YA
NT
IRV
IN R
D.
N
377
820
Ft. WorthH
ULE
N S
T.
CHISHOLM TRAIL PKWY. (TOLL)
30
35W
20
20
183
183
199
30
TEXAS CHRISTIANUNIVERSITY
DOWNTOWN
CULTURALDISTRICT
TRINITY RIVER
Hulen Street. Bryant Irvin Road. I-20. I-30. Almost every major traffic artery in Fort Worth connects with Clearfork, while the new Chisholm Trail Parkway provides easy access not only from downtown but also from the growing suburban areas to the south.
AN IDEALLOCATION
MEADOW CREEK
CANDLERIDGE PARK
MIRA VISTA
RIDGLEA HILLS
RIVERCREST
20
BRY
AN
T IR
VIN
RD
.
HU
LEN
ST.
CAMP BOWIE BLVD.
30
35W
20
183
30
UN
IVER
SITY
DR.
BERRY ST.
BELLAIRE DR.ARBOR
LAWN
HU
LEN
ST.
VICKERY ST.
W. ROSEDALE ST.
121
121
CH
ISH
OLM
TRAIL
PKW
Y.
CHISHOLM TRAIL PKWY.
N
RIVERHILLS/OVERTONWOODS
WESTCLIFF WEST
WESTOVER HILLS
COLONIAL GOLF &COUNTRY CLUB
UNIVERSITYPARK
VILLAGE
MUSEUMDISTRICT
DOWNTOWNFT. WORTH
W. 7TH ST.
TEXASCHRISTIANUNIVERSITY
RIDGMARMALL
HULEN MALL
FW COUNTRYDAY SCHOOL
DESIRABLE DEMOGRAPHICS
Fort Worth’s phenomenal growth is occurring all around Clearfork with the Phase III expansion of Riverhills, its neighboring residential community in the immediate vicinity, and in the Museum District only minutes away.
Clearfork will be a shopping, dining and entertainment destination surrounded by a distinguished cluster of affluent neighborhoods.
3 MILES
Population 96,509
Daytime Population 119,851
Households 40,829
Average HH Income $77,840
HH Earning $75,000+ 8.8%
HH Earning $100,000+ 9.5%
5 MILES
Population 266,661
Daytime Population 370,076
Households 103,465
Average HH Income $68,285
HH Earning $75,000+ 9.5%
HH Earning $100,000+ 9.6%
10 MILES
Population 664,381
Daytime Population 747,253
Households 227,856
Average HH Income $64,291
HH Earning $75,000+ 10.4%
HH Earning $100,000+ 9.9%
TRADE AREA
Population 1,159,289
Daytime Population 1,156,967
Households 401,971
Average HH Income $72,266
HH Earning $75,000+ 12.7%
HH Earning $100,000+ 13.1%
* Information accurate as of 5/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014).
UNDENIABLE OPPORTUNITY
Fort Worth’s size, favorable business climate, sophistication and receptive, upscale population add up to a market primed for Clearfork. Neiman Marcus immediately recognized this historic opportunity and has made the decision to relocate from its well-performing site at Fort Worth’s Ridgmar Mall to anchor Clearfork’s retail component. The Shops at Clearfork will feature a carefully orchestrated mix of luxury retail, restaurants and entertainment from a blend of national, regional and local brands.ers. PHASE I: The Shops at Clearfork 90,000-square-foot Neiman Marcus 380,000 square feet of luxury and specialty retail, restaurant and entertainment uses
Office 125,000 square feet of Class A office space (over retail)
Residential392 luxury apartment homes (currently under construction by Street Lights Residential)
Ultimate 270-Acre Build-Out2M square feet of office1.2M square feet of retail2,500 multifamily units
CLEARFORK MAIN ST.
SR 121 / CHISHOLM TRAIL PKWY.
EDWARDS RANCH RD.
S. HULEN ST.
Texas Christian University
Downtown Ft. Worth
The TrailheadFuture Cycling &Fitness Center
Trinity Trails
NEIMAN MARCUS1 & 2 LEVEL RETAILTHEATERRESIDENTIAL
Colonial Country Club
University Park Village
N
Heart of the Ranch
TRINITY RIVER
CLEARFORK MAIN ST.
SR 121 / CHISHOLM TRAIL PKWY.
EDWARDS RANCH RD.
S. HULEN ST.
Texas Christian University
Downtown Ft. Worth
The TrailheadFuture Cycling &Fitness Center
Trinity Trails
NEIMAN MARCUS1 & 2 LEVEL RETAILTHEATERRESIDENTIAL
Colonial Country Club
University Park Village
N
Heart of the Ranch
TRINITY RIVER
MASTER PLAN
PHASE I DEVELOPMENT
THE SHOPS AT CLEARFORK PLAZA VIEW
THE SHOPS AT CLEARFORK STREETSCAPE VIEW
THE SHOPS AT CLEARFORK STREETSCAPE VIEW
THE SHOPS AT CLEARFORK FEATURE RESTAURANT
THE SHOPS AT CLEARFORK STREETSCAPE VIEW
The city “where the West begins” has a business-friendly tax structure that also makes it a city beautifully situated for commerce and industry.
— Forbes ranks it among the best places for business and careers, with one of the fastest-growing metropolitan areas.
— DFW International Airport and an extensive transportation infrastructure put international trade within easy reach.
— It’s also a wonderful place to live, with one of the best housing markets in the U.S. according to the Brookings Institution.
— Additionally, the city hosts 7.5 million
visitors a year, making it one of the nation’s premier travel destinations.
A CITY FOR GROWTH
FORT WORTH WATER GARDENS
A CITY FOR GROWTH
Fort Worth is a vital part ofthe Dallas–Fort Worth Metroplex, the fourth-largest metro area in the United States, growing by 100,000 residents every year. Fort Worth is the urban heart of Tarrant County, whose 30,000 new residents last year made it the county with the nation’s eighth-largest numeric increase in population.
— The Dallas–Fort Worth area ranks number two for most job growth in the U.S. for 2014.
— Forbes ranks Fort Worth as the 15th best city in America for job growth in 2014.
— Aviation, technology, energy, education and healthcare drive the Fort Worth economy.
— Major corporations in Fort Worth include Lockheed Martin, American Airlines Group, Bell Helicopter, Alcon Laboratories and Justin Industries.
The “Cultural Capital of the Southwest,” Fort Worth has one of the largest arts districts in the United States. Just three miles from Clearfork sits the world-famous Fort Worth Cultural District. The area includes the Fort Worth Botanic Garden, the Botanical Research Institute of Texas, the Fort Worth Zoo and five internationally recognized museums, each known for its unique collections and distinctive architecture.
– Kimbell Art Museum (Louis Kahn) – Amon Carter Museum of American Art
(Philip Johnson) – Forth Worth Museum of Science and
History (Legorreta + Legorreta) – Modern Art Museum of Fort Worth
(Tadao Ando) – National Cowgirl Museum and Hall of Fame
(David M. Schwarz)
MODERN ART MUSEUM OF FORT WORTH – 3 MILES FROM CLEARFORK
Clearfork redefines the master-planned, mixed-use development with 270 acres of diverse residential options, miles of riverfront access and a carefully curated mix of retail, office, entertainment and green spaces.
Phase I of the Residences at Clearfork opened in Summer 2015. Comprised of nearly 400 apartment and town homes, the luxury residences feature a multiterrace pool and grilling area, multiple courtyards for gathering, a fitness center and a rooftop lounge with downtown views.
THE START OFSOMETHING BIG
THE START OFSOMETHING BIG
FUTURE RESIDENTIAL AT CLEARFORK FORT WORTH, TEXAS
The Trailhead is ideally located on the riverfront of the Trinity Trails within Clearfork. It’s a place to start and end your Trinity Trails experience. From running to cycling to fitness and other outdoor adventures, The Trailhead has something for all ages and fitness levels.
The Trailhead Cycling and Fitness Center will build off The Trailhead’s initial concept to become a premier destination for cycling, fitness and health enthusiasts of all levels, with a direct connection to the Trinity Trails system. The 11,000-square-foot facility will include numerous amenities and is scheduled to open Spring 2015. Heart of the Ranch is Clearfork’s distinct home-grown event space that preserves the heritage and soul of Edwards Ranch. With views of the Trinity River and the downtown skyline, Heart of the Ranch provides an outdoor setting unlike any other in Fort Worth.
Forest Park Medical Center is a private, 45-bed hospital with a full-servicesurgical center that brings the latest technology, highly regarded medical professionals and the highest-quality care to Clearfork. Opened in November 2014, the 80,000-square-foot building houses 12 operating rooms, 45 patient rooms and 12 VIP suites and employs approximately 300 people.
A TRUECOMMUNITY
A TRUECOMMUNITY
Cultivating the legacy and the potential of Clearfork are two extraordinary organizations that promise to deliver an offering unlike anything Fort Worth has seen.
At the core of their development philosophy, Cassco Development Co. has great respect for the land and its historical importance in Fort Worth. As the development arm of Edwards Ranch, Cassco will develop Clearfork with the same care and attention to detail that the Edwards family has provided for more than a century and a half. The company will spearhead the overall 270-acre, mixed-use development project.
Simon, the nation’s largest developer of retail real estate and a major international real estate leader, will provide unparalleled leasing and management expertise for the retail portion of Clearfork—Phase I.
A POWERFULPARTNERSHIP
Leasing:Vicki Hanor(212) 745-9633 [email protected]
Greg Vlahos(817) 685-3048 [email protected]
Dennis Carafiol(317) 263-2436 [email protected]
Richey Neeson(817) 685-3027 [email protected]
Big Box & Theatre Development:Mark Becher(317) 464-8972 [email protected]
Restaurant Leasing:Jennifer Kaufman(317) 263 7792 [email protected]