For Sale 146.13 acres undeveloped land 46 residential lots E Camp Wisdom Road and Houston School Road 140.71 acres 5.42 acres
The opportunity 146.13 acres undeveloped land 46 residential lots E Camp Wisdom Road and Houston School Road Area highlights After decades of planning Southern Dallas has begun to achieve greater investment opportunities and growth potential. Since 2000, real property values in Southern Dallas have increased by 53.6%. This growth in real property values added $28.9M in property tax revenue to the City s general fund for FY 2011-12. Bond programs in 1998, 2003 and 2006 concentrated infrastructure spending in key areas to create new business parks and commercial centers. These investments have successfully increased industrial, distribution, residential and retail activity in Southern Dallas. $89M in new libraries and renovations since 2000 $12M in public investment and $8.5M in private sector investment in Dallas Executive Airport since 2000 The Dallas Zoo has seen $23M in public investment since 2000 $201M has been spent in various Housing Dept. programs since 2000 UNT-Dallas increased its enrollment to over 2,000 FTE students and completed the second campus building DART Green Line was completed in 2011 Fair Park has seen $111M in public investments since 2000 The Trinity River Audubon Center opened in 2008 as a new attraction in the Great Trinity Forest Infrastructure for business parks capitalized on the revolution in logistics and Dallas growing role as regional distribution hub. Three new Southern Dallas business parks have been created since 1998 Pinnacle Park, Mountain Creek Business Park and International Inland Port of Dallas (IIPOD) With the addition of the new South Central division, crime in Southern Dallas has fallen by 27.0%, leading the incentive to grow the residential community in the Downtown area. The new University of North Texas, Southern Dallas campus adds to its excellent educational options. The UNT Dallas Area Plan The City of Dallas and UNT have teamed up to form The UNT-Dallas Area Plan. The Plan will create a vibrant university town with a balance of jobs, housing, and recreation that serves Southeast Oak Cliff and the region and preserves the residential neighborhoods. The forwarddallas! comprehensive plan identifies the UNT-Dallas area as critically important to shape development in Dallas southern sector. The UNT-Dallas Area Plan establishes a future development vision and strategies for implementation. Key opportunities: The UNT-Dallas Campus DART light rail service Undeveloped land and attractive natural features Established neighborhoods
Most of Southern Dallas benefits from in-town proximity, transit and easy commutes at a low cost directly adjacent to downtown. Many neighborhoods are inside the loop with easy access to the high concentration of service, finance and global headquarters jobs in Downtown and Uptown. 12,568 jobs have been created at business parks (Pinnacle Park, Lonestar, Mountain Creek, Stoneridge, IIPOD), with major institutional employers including hospitals (6,100 jobs) and colleges (1,000 jobs). Southern Dallas: Is 196.7 total sq. miles 169.4 sq. miles of developable land Is larger in land area than Boston, Miami, and San Francisco combined Is mostly residential, with density similar to surrounding suburbs Since 2000, real property values in Southern Dallas have increased by 54% Project Description The South Oak Cliff Blue Line Extension (SOC-3) is proposed to extend the Blue Line south approximately 2.6 miles from Ledbetter Station toward the University of North Texas (UNT) Dallas Campus located at the southeast corner of Camp Wisdom Road and University Hills Blvd. (formerly Houston School Road) and add two new stations. The extension will provide potential development opportunities in the area south of Ledbetter Station to the UNT-Dallas Campus. The proposed project will run along the east side of Runyon Creek, crosses over Crouch Road west of the Magnolia Trace Senior Housing, crosses over a knoll north of the South Central police station and follow Patrol Way east, then turn southwest toward the UNT-Dallas campus. The proposed Camp Wisdom Station would be located north of the police station on the west side of Patrol Way with bus access off Patrol Way. The proposed UNT Dallas Station would be located southern boundary of the campus near University Hills Boulevard. Bus access, kiss & ride access, general parking, and handicap parking will be provided at both stations.
P University Hills Blvd 140.71 acres
LEGEND 5.42 ac Zoned Single family 140.71 ac 46 lots Zoned Single family 5% retail 5.42 acre Zoned Single family Potential future opportunity 46 residential lots DART Blue Line Extension New DART station UNT Dallas otential future availability South Central substation
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For Additional information contact: Larry McCorkle Michael Swaldi, SIOR +1 214 438 6216 +1 214 438 6219 larry.mccorkle@am.jll.com michael.swaldi@am.jll.com Subject Property and lots Subject Property