west dallas land opportunity · 2019-12-16 · west dallas land opportunity jake milner...
TRANSCRIPT
WEST DALLAS LAND OPPORTUNITY
JAKE [email protected] x 109
SCOTT [email protected] x 108
DALLAS | TEXAS
2819-2921 Borger Street2819-2921 Borger Street2.07 Acres2.07 Acres
2819-2921 Borger Street2819-2921 Borger Street2.07 Acres2.07 Acres
Singleton Blvd.Singleton Blvd.
Borger Street
Borger Street
UptownUptown
Trinity GrovesTrinity GrovesDesign DistrictDesign District
Sylvan Avenue Sylvan Avenue BridgeBridge
Margaret Hunt Hill BridgeMargaret Hunt Hill Bridge
Soho SquareSoho Square
1000 Singelton Blvd.1000 Singelton Blvd.3.746 Acres3.746 Acres
229 Homes229 Homes
27 Homes27 Homes
96 Homes96 Homes
2819-2921 Borger St.2819-2921 Borger St.2.07 Acres2.07 Acres
Margaret McDermott BridgeMargaret McDermott Bridge
Singleton Blvd.
Singleton Blvd.
2819-2921 Borger St.2819-2921 Borger St.2.07 Acres2.07 Acres
Borger Street
Borger Street
Singleton Blvd.
Singleton Blvd.
Duluth Stre
et
Duluth Stre
et
Sylvan Avenue Sylvan Avenue BridgeBridge
Trinity GrovesTrinity Groves
Design DistrictDesign District
Singl
eton
Blvd
.
Singl
eton
Blvd
.
2819-2921 Borger St.2819-2921 Borger St.2.07 Acres2.07 Acres
Margaret Hunt Hill BridgeMargaret Hunt Hill Bridge
Downtown DallasDowntown Dallas
UptownUptown
Sylvan Avenue BridgeSylvan Avenue Bridge
Dallas Medical DistrictDallas Medical District Design DistrictDesign District
2819-2921 Borger St.2819-2921 Borger St.2.07 Acres2.07 Acres
Margaret McDermott BridgeMargaret McDermott Bridge
Margaret Hunt Hill BridgeMargaret Hunt Hill Bridge
Singleton B
lvd.
Singleton B
lvd.
Borger St.Borger St.
Downtown Dallas85,000+ employees
2 minutesDeep Ellum9 minutesVictory Park
5 minutes
Design District2 minutes
Trinity GrovesWalking Distance
Uptown60,000 employees
UT SouthwesternMedical District
28,000 jobs
Crossman Ave.Crossman Ave.
2819-2921 Borger St.2819-2921 Borger St.2.07 Acres2.07 Acres
1 Acre Central Park
Downtown DallasDowntown Dallas
Margaret Hunt Hill BridgeMargaret Hunt Hill BridgeDavid Weekly HomesDavid Weekly Homes
96 Homes96 HomesAverage Price: $450K - $500KAverage Price: $450K - $500K
1 Acre Central Park1 Acre Central Park
2819-2921 Borger St.2819-2921 Borger St.2.07 Acres2.07 Acres
Singleton Blvd.Singleton Blvd.
Downtown DallasDowntown Dallas
UptownUptown
Margaret Hunt Hill BridgeMargaret Hunt Hill Bridge
Margaret McDermott BridgeMargaret McDermott Bridge
Singleton Blvd.
Singleton Blvd.
2819-2921 Borger St.2819-2921 Borger St.2.07 Acres2.07 Acres
Margaret McDermott BridgeMargaret McDermott Bridge
Singleton Blvd.
Singleton Blvd.
PROPERTY OVERVIEW
SIZE:
ZONING:
+/- 2.07 Acres
IRMax Height: 200 Ft.Density: 2.0 for all combined uses
Trinity Groves, the newest of Dallas’s revitalized submarkets, has become a hub for Dallas retail, innovative restaurant concepts, and entertainment.
Historically a warehouse district, this area has seen extensive growth since the beginning of its revitalization and continues to attract new residents and businesses. In addition to its retail and entertainment options, the Ronald Kirk Pedestrian Bridge, Trinity Overlook Park, and Trinity Skyline Trails provide some of the best views of Downtown Dallas.
The community has great accessibility, situated west of Downtown Dallas, the neighborhood has easy access to I-30 as well as access to public transportation. The area has a walk score of 68.
Continuing to evolve, future plans for growth in the neighborhood include a boutique hotel, office space, and more multifamily projects.
The tracts are uniquely positioned to capitalize on the population growth and a growing office demand in the booming submarket.
About Trinity Groves
2019 POPULATION:% PROJ GROWTH 2019-2024:TOTAL DAYTIME POPULATION:TOTAL DAYTIME EMPLOYEES:
2019 MEDIAN HH INCOME:2019 AVERAGE HH INCOME:
MEDIAN HOME VALUE:
1 MILE 2 MILE 3 MILE
15,4744.03%17,1238,153
56,2072.73%92,49167,339
153,7682.51%334,176268,683
$38,227$55,883
$54,165$85,191
$63,292$91,611
$108,216 $304,921 $292,714
DEMOGRAPHICS
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 broker 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 communicate with and carry out instructions of one party and another person who is licensed under that Act and associated with the broker to communicate with and carry 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 assist 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 owner’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 Estate 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 underlined print, set forth the broker’s obligations as an intermediary. 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 intermediary 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 unless 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 broker 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 responsibilities of the broker, you should resolve those questions before proceeding.
Date
11-2
-201
5
Inform
ationAboutBrokerageServices
Texa
s law
requ
ires a
ll re
al e
stat
e lic
ense
hol
ders
to g
ive
the
follo
win
g in
form
aƟon
abo
ut
brok
erag
e se
rvice
s to
pros
pecƟ
ve b
uyer
s, te
nant
s, se
llers
and
land
lord
s.
TYPE
S O
F RE
AL E
STAT
E LI
CEN
SE H
OLD
ERS:
.
•A
BRO
KER
is re
spon
sible
for a
ll br
oker
age
acƟv
iƟes
, inc
ludi
ng a
cts p
erfo
rmed
by
sale
s age
nts s
pons
ored
by
the
brok
er.
•A
SALE
S AG
ENT
mus
t be
spon
sore
d by
a b
roke
r and
wor
ks w
ith c
lient
s on
beha
lf of
the
brok
er.
A BR
OKE
R’S
MIN
IMU
M D
UTI
ES R
EQU
IRED
BY
LAW
(A c
lient
is th
e pe
rson
or p
arty
that
the
brok
er re
pres
ents
): •
Put t
he in
tere
sts o
f the
clie
nt a
bove
all
othe
rs, i
nclu
ding
the
brok
er’s
own
inte
rest
s;•
Info
rm th
e cl
ient
of a
ny m
ater
ial i
nfor
maƟ
on a
bout
the
prop
erty
or t
rans
acƟo
n re
ceiv
ed b
y th
e br
oker
;•
Answ
er th
e cl
ient
’s q
uesƟ
ons a
nd p
rese
nt a
ny offe
r to
or c
ount
er-offe
r fro
m th
e cl
ient
; and
•Tr
eat a
ll pa
rƟes
to a
real
est
ate
tran
sacƟ
on h
ones
tly a
nd fa
irly.
A LI
CEN
SE H
OLD
ER C
AN R
EPRE
SEN
T A
PART
Y IN
A R
EAL
ESTA
TE T
RAN
SACT
ION
:
AS A
GEN
T FO
R O
WN
ER (S
ELLE
R/LA
NDL
ORD
): T
he b
roke
r bec
omes
the
prop
erty
ow
ner's
age
nt th
roug
h an
agr
eem
ent w
ith th
e ow
ner,
usua
lly in
a w
riƩen
lisƟ
ng t
o se
ll or
pro
pert
y m
anag
emen
t ag
reem
ent.
An o
wne
r's a
gent
mus
t pe
rfor
m t
he b
roke
r’s m
inim
um d
uƟes
ab
ove
and
mus
t in
form
the
ow
ner
of a
ny m
ater
ial
info
rmaƟ
on a
bout
the
pro
pert
y or
tra
nsacƟo
n kn
own
by t
he a
gent
, in
clud
ing
info
rmaƟ
on d
isclo
sed
to th
e ag
ent o
r sub
agen
t by
the
buye
r or b
uyer
’s ag
ent.
AS A
GEN
T FO
R BU
YER/
TEN
ANT:
The
bro
ker
beco
mes
the
buye
r/te
nant
's ag
ent b
y ag
reei
ng to
rep
rese
nt th
e bu
yer,
usua
lly th
roug
h a
wriƩ
en re
pres
entaƟo
n ag
reem
ent.
A bu
yer's
age
nt m
ust p
erfo
rm th
e br
oker
’s m
inim
um d
uƟes
abo
ve a
nd m
ust i
nfor
m th
e bu
yer o
f any
m
ater
ial i
nfor
maƟ
on a
bout
the
prop
erty
or t
rans
acƟo
n kn
own
by th
e ag
ent,
incl
udin
g in
form
aƟon
disc
lose
d to
the
agen
t by
the
selle
r or
selle
r’s a
gent
.
AS A
GEN
T FO
R BO
TH -
IN
TERM
EDIA
RY:
To a
ct a
s an
inte
rmed
iary
bet
wee
n th
e pa
rƟes
the
bro
ker
mus
t fir
st o
btai
n th
e w
riƩen
ag
reem
ent
of e
ach
part
y to
the
tra
nsacƟo
n. T
he w
riƩen
agr
eem
ent
mus
t st
ate
who
will
pay
the
bro
ker
and,
in c
onsp
icuo
us b
old
or
unde
rline
d pr
int,
set f
orth
the
brok
er's
oblig
aƟon
s as a
n in
term
edia
ry. A
bro
ker w
ho a
cts a
s an
inte
rmed
iary
: •
Mus
t tre
at a
ll pa
rƟes
to th
e tr
ansa
cƟon
impa
rƟal
ly a
nd fa
irly;
•M
ay, w
ith t
he p
arƟe
s' w
riƩen
con
sent
, app
oint
a d
iffer
ent
licen
se h
olde
r as
soci
ated
with
the
bro
ker
to e
ach
part
y (o
wne
r an
dbu
yer)
to c
omm
unic
ate
with
, pro
vide
opi
nion
s and
adv
ice
to, a
nd c
arry
out
the
inst
rucƟ
ons o
f eac
h pa
rty
to th
e tr
ansa
cƟon
.•
Mus
t not
, unl
ess s
pecific
ally
aut
horiz
ed in
wriƟ
ng to
do
so b
y th
e pa
rty,
disc
lose
:ᴑ
that
the
owne
r will
acc
ept a
pric
e le
ss th
an th
e w
riƩen
ask
ing
pric
e;ᴑ
that
the
buye
r/te
nant
will
pay
a p
rice
grea
ter t
han
the
pric
e su
bmiƩ
ed in
a w
riƩen
offe
r; an
dᴑ
any
confi
denƟ
al i
nfor
maƟ
on o
r an
y ot
her
info
rmaƟ
on t
hat
a pa
rty
spec
ifica
lly i
nstr
ucts
the
bro
ker
in w
riƟng
not
to
disc
lose
, unl
ess r
equi
red
to d
o so
by
law
.
AS S
UBA
GEN
T: A
lice
nse
hold
er a
cts
as a
sub
agen
t w
hen
aidi
ng a
buy
er in
a t
rans
acƟo
n w
ithou
t an
agr
eem
ent
to r
epre
sent
the
bu
yer.
A su
bage
nt c
an a
ssist
the
buye
r but
doe
s not
repr
esen
t the
buy
er a
nd m
ust p
lace
the
inte
rest
s of t
he o
wne
r firs
t.
TO A
VOID
DIS
PUTE
S, A
LL A
GREE
MEN
TS B
ETW
EEN
YO
U A
ND
A BR
OKE
R SH
OU
LD B
E IN
WRI
TIN
G AN
D CL
EARL
Y ES
TABL
ISH:
•
The
brok
er’s
duƟ
es a
nd re
spon
sibiliƟe
s to
you,
and
you
r obl
igaƟ
ons u
nder
the
repr
esen
taƟo
n ag
reem
ent.
•W
ho w
ill p
ay th
e br
oker
for s
ervi
ces p
rovi
ded
to y
ou, w
hen
paym
ent w
ill b
e m
ade
and
how
the
paym
ent w
ill b
e ca
lcul
ated
.
LICE
NSE
HO
LDER
CO
NTA
CT IN
FORM
ATIO
N: T
his
noƟc
e is
bein
g pr
ovid
ed fo
r inf
orm
aƟon
pur
pose
s. It
doe
s no
t cre
ate
an o
blig
aƟon
for
you
to u
se th
e br
oker
’s se
rvic
es. P
leas
e ac
know
ledg
e re
ceip
t of t
his n
oƟce
bel
ow a
nd re
tain
a c
opy
for y
our r
ecor
ds.
Lice
nsed
Bro
ker /
Brok
er F
irm N
ame
or
Prim
ary
Assu
med
Bus
ines
s Nam
e
Lice
nse
No.
Em
ail
Phon
e
Desig
nate
d Br
oker
of F
irm
Lice
nse
No.
Ph
one
Lice
nsed
Sup
ervi
sor o
f Sal
es A
gent
/As
soci
ate
Lice
nse
No.
Ph
one
Sale
s Age
nt/A
ssoc
iate
’s N
ame
Lice
nse
No.
Em
ail
Phon
e
Regu
late
d by
the
Texa
s Rea
l Est
ate
Com
miss
ion
Buy
er/T
enan
t/Sel
ler/L
andl
ord
Initi
als
Info
rmaƟ
on a
vaila
ble
at w
ww
.trec
.texa
s.gov
IA
BS 1
-0
Dat
e
Davi
dson
Bog
el R
eal E
stat
e, L
LC90
0442
7in
fo@
db2r
e.co
m21
4-52
6-36
26
Mic
hael
Edw
ard
Boge
l II
5985
26eb
ogel
@db
2re.
com
214-
526-
3626
Scot
t Lak
e61
8506
Emai
l
slake
@db
2re.
com
214-
526-
3626
Jake
Miln
er64
7114
Emai
l
jmiln
er@
db2r
e.co
m21
4-52
6-36
26
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DALLAS | TEXAS2819-2921 BORGER ST.