great retail for a great market

Transcription

great retail for a great market
great retail for a great market
contents
big picture. . ............................. 3
about rayzor ranch....................................... 6
town center................................................... 9
marketplace................................................ 10
experience. . ........................... 11
opportunity........................... 13
map.............................................................. 14
location....................................................... 15
demographics............................................. 18
market info................................................. 19
leasing.. ................................. 20
visuals................................... 21
E X C I T I N G NE W S H O P P I N G I S ON T H E H O R I Z ON .
Explore Rayzor Ranch Town Center and Rayzor Ranch
Marketplace. Two all-new properties for this fast-growing,
one-of-a-kind college town in traditional horse country,
where families and employers are putting down roots.
3
all
grown
up
a n d n o p l a c e t o s h o p.
When a community truly comes into its own,
driving long distances for exciting shopping, dining
and entertainment experiences just doesn’t make
sense. This is today’s Denton­—a dynamic, young
and energetic community that is ready to shop.
4
culture,
Denton-style.
Denton loves to celebrate—from Denton
Blues Fest and Dog Days of Summer to the
popular Arts & Jazz Festival. The city also boasts
a strong local bicycle culture, a well-loved
alternative news site (the Dentoneer)
and an artisan sensibility that all make for a
distinctive hometown.
5
R ay z o r R a n c h i s
just right
f o r t o d ay ’ s D e n t o n .
Now being built on 400+ acres—once known as the Rayzor
family’s Hillview Ranch—the new Rayzor Ranch is an
exciting, mixed-use development in northwest Denton.
Rayzor Ranch Town Center and Marketplace will come
together as the largest super-regional shopping
development between Dallas-Fort Worth and
Oklahoma City.
6
7
A s ig n a t u r e ,
walkable
c o m m u n i t y.
The best in mixed-use design, Rayzor Ranch
centers on a 15-acre public park and weaves
together residential, office, medical, retail,
community, entertainment and cultural experiences.
8
R ay z o r R a n c h T o w n C e n t e r
Planned as a 600,000 square-foot regional
shopping, dining and entertainment
destination, Rayzor Ranch Town Center will offer:
• Appealing outdoor gathering spaces
• An amphitheater, wide open plazas and
so much more
• A hip, decidedly Texas downtown flavor
inspired by historic regional urban architecture
• The largest, super-regional retail development
between Dallas and Oklahoma City
9
Denton already loves the now-open, 800,000
square-foot Rayzor Ranch Marketplace,
which includes:
• High-performing Sam’s Club and
Walmart Supercenter
• More than a dozen restaurants, shops and
everyday services
• Plans to add even more of what this community
wants and needs
R a y z o r R a n c h m a r k e Tp l a c e
10
A singular
experience.
This dazzling new retail, dining and entertainment
destination is where Denton will come to:
• Explore authentic streetscapes
• Pick a spot by the fireplace in one of the
comfortable, outdoor living rooms
• Sample Denton’s spectacular music scene from a
brand-new amphitheater
• Enjoy family-friendly places to roam across
intimate plazas and the wide open green
11
d
a y s & n i g h t s at R ay z o r R a n c h .
Trellises, trees and awnings offer cool shade under
the warm Texas sun.
Park benches and flower-filled pots invite visitors
to stay a while. In the evening, Rayzor Ranch Town
Center entices with a stroll under the stars and a
table for two. Or ten.
12
THE VERY BEST
OPPORTUNITY
IN ALL OF
NORTH TEXAS
( P s s s t . . . . o r m a y b e a n y wh e r e )
Denton is all about growing families, a buoyant
employment picture, state-of-the-art hospitals, two
major universities, and optimism that’s infectious.
Be part of the energy when a fast-growing, selfconfident community finally gets the sophisticated,
new retail destination it’s been waiting for.
13
DENTON I S
the next big thing
I N TE X AS .
Situated 35 miles north of Dallas-Fort Worth, this
emerging cultural and commercial hub is growing
by leaps and bounds. It’s close to the big city with
an enviable small-city lifestyle, including quality
schools. Plus Denton is more connected than ever
to DFW, thanks to a $315 million new regional
transit rail line.
14
THE
O F G R O W I N G DENTON .
Perfectly situated at the corner of 380 and I-35,
Rayzor Ranch is at the heart of Denton’s
traffic patterns­—a spot set to get even busier
when new uses for the master planned community
are up and running.
15
Denton is an exceptionally
strong regional center for
higher education,
with a combined
55,000+ students
enrolled at TWU, the University of North
Texas and North Central Texas.
V i b r a n t e m p l o y m e n t a n d high e r e d u c a t i o n .
Big name employers that call Denton home
include Peterbilt Motors and the headquarters
of Sally Beauty Supply International, plus
manufacturers United Copper, Thermadyne,
Acme Brick and Jostens.
Denton is the regional center for
healthcare, including Texas Health Presbyterian
of Denton and Denton Regional Medical Center.
Also expected to grow is aerospace/aviation,
centering on the Denton Airport, with a $58.4
million impact on the region each year.
16
W H AT ’ S
MISSING?
For a city that has almost everything—from lively local
culture and great jobs to high-quality healthcare—
what’s missing in Denton is exciting new retail
nearby. Drives of 15, 30 and even 40 miles are
commonplace for Denton residents.
17
COM P A R AT I V E G R O W T H P E R CENTA G E
15.59%
2012–
2017­
robust
a
8.75%
72.84%
2000–
2012­
a n d gr o wi n g
p o p u l at i o n .
27.5%
100
50
0
Even in Texas­—which is all about growth—Denton
stands out. The total trade area population for Rayzor
Denton Trade Area
DFW MSA
Ranch is expected to increase by more than 15
percent to 357,609 by 2017.
In fact, more than a quarter of all new home
construction in the metro area is in Denton County.
18
Denton/Rayzor Ranch
Zip Code Boudaries
Major Highways
S I G N I F I CANT S P END I N G P O W E R
Population
MEDIAN AGE
OF RESIDENTS
311,442
33
DayTime
Population
MEDIAN
HOME PRICE
105,321
$145,441
AVERAGE
HOUSEHOLD
INCOME
HH EARNING
$75K OR HIGHER
$73,575
35%
BACHELOR’S
DEGREE OR
HIGHER
WHITE COLLAR
30% 60%
Young median age + friendly housing prices + strong average household incomes
———————————————————————————————
= strong shopper base
19
B e pa r t o f R ay z o r R a n c h .
Reach ready-to-shop consumers in this fastgrowing, underserved North Texas market.
For leasing, contact:
Bobby Johnson, Vice President of Leasing
480.556.7724
bjohnson@reddevelopment.com
Blair Polachek, Senior Leasing Associate
480.556.7748
bpolachek@reddevelopment.com
Charles Skaggs, Senior Leasing Associate
480.556.7749
cskaggs@reddevelopment.com
20
Rayzor Ranch
Visuals
21
22 | trade area map
23 | market map
SF DEVELOPMENT
UNIVERSITY/PUBLIC AMENITY
Denton, Texas
COMMERCIAL/MIXED USE
1.5 million s.f.
Phase I Opened Fall 2010
I-35
MOSS BRANCH
INDUSTRIAL
US
380
WESTGLEN
58 LOTS
DENTON
REGIONAL
MEDICAL CNTR
FM
UNT
RESEARCH
CENTER
PAYNE DR
UNIVERSITY DR
RAYZOR
RANCH
70,0
PD
00 V
WILD HORSE
500 LOTS
JIM CRYSTAL RD
US
77
22,000 VPD
PETERBUILT
DENTON
MUNICIPAL
AIRPORT TARGET DISTRIBUTION
CENTER
DENTON
ROBSON RANCH RD
ACME
BRICK CO.
HOBSON ST
COUNTRY CLUB
VILLAGE
74 LOTS
COUNTRY LAKES NORTH
1,305 LOTS
ESTATES OF
PILOT KNOB
100 ACRES
I-35
US
THE VINTAGE
266 LOTS
HUNTERS RANCH
3,347 ACRES
EL PASEO
33 LOTS
SHADOW BROOK PLACE
41 LOTS
I-435
RD
ENCLAVE AT
LAKEVIEW
1,420 LOTS
US
380
MCKIN
NEYST
LAKEVIEW RANCH
149 LOTS
MCKINNEY HIGHLANDS
22 LOTS
MCDONNELL HIGHLANDS
157 LOTS
DENTON
CROSSING
GOLDEN
TRIANGLE
MALL
SALLY
BEAUTY
CORP
NORTH
TEXAS
UNICORN HOSPITAL THE VILLAGES
LAKE
OF CARMEL
SUNDOWN RANCH
446 LOTS
FM1830
THE PRESERVE AT
PECAN CREEK
1,223 LOTS
CORINTH
0
SWISHER RD
KENSINGTON
ESTATES
245 LOTS
POST OAK
CROSSING
178 LOTS
SHADY
SHORES
SOMERSET
ARBOR
SHORES
ESTATES
CREEK
SIDE
FOREST
CORINTH
HILL
FARMS
NORTH
BOEING BROOK
ELECTRONICS THOUSAND
OAKS
JACKSON
RANCH OAK
LAKES
COORS
PARKS OF
CORINTH
HICKORY
CREEK
LAKEVIEW AT
POINT VISTA
ARGYLE
BELMONT
PROMINENCE
SQUARE
188 LOTS
SUMMIT OAKS
334 LOTS
ROBINSON OAKS
THISTLE BROOK RYAN RD
125 LOTS
PLACE
157 LOTS
LEXINGTON WHEELER OAKMONT COUNTRY CLUB
ESTATES
PARK
RYAN RANCH
RIDGE
1,914 LOTS
255 LOTS 832 LOTS
275 LOTS
OAKS OF CHAUCER
MONTICETO ESTATES
RD
CREEK
HICKORY
241 LOTS 120 LOTS
OAKMONT
TEASLEY
C.C.
HARBOR
RIVER OAKS
133 LOTS
675 LOTS
183
FM
RD
US
377
3 MILE
5 MILE
GO
MIN
77
UNT
EXPANSION
FM 2449
ROBSON RANCH
7,200 LOTS
380
DENTON
CBD
I-35
GO
MIN
FEMA REGION
6 HQ
EAGLE DR
GRANITE
POINT
WINDSOR
OAKS
310 ACRES
US
TWU
13,400 STUDENTS
SCRIPTURE ST
PRESBYTERIAN
HOSPITAL OF DENTON HICKORY ST
UNT
35,000 STUDENTS
UNT
COLE/STRATFORD JY
7,000 LOTS
LOOP
FORMAN
SHERMAN
WILLIAMSBURG
CROSSING
NORTH MCKAMY EVERS
ESTATES
POINTE
173 LOTS
428
L
8
28
BONNIE BRAE ST
RE
TU
FU
P
OO
HORSE
COUNTRY
BEAVER
CREEK
CH COLLINS
WATER WORKS
ATHLETIC
PARK
CENTER
288
FM
FM 1173
EAGLECHASE SADDLEBROOK
ESTATES
222 LOTS
338 LOTS
FM 2164
CLEAR CREEK RANCH
2,000 LOTS
400 UNITS
HARDIN
PROPERTIES
375 ACRES
KRUM
North
428
STONEHILL
RANCH
1,200 ACRES
LOOP 288
MAJOR EMPLOYERS
FM 407
LANTANA
1596 LOTS
10 MILE
I-35
US
I-35
377
US
TO
FO
RT
W
OR
T
H
121
TO
AS
LL
DA
24 | market aerial
US
71
I-35
US
380
US
77
I-35
East
I-35
Rayzor Ranch
I-35 & W. University Dr./Hwy 380 | Denton, Texas
25 | project aerial
North
26 | master plan
27 | rendered aerial
North
Rayzor Ranch
I-35 & W. University Dr./Hwy 380 | Denton, Texas
R A Y Z O R
3-Mile
Radius
5-Mile
Radius
10-Mile
Radius
Trade
Area
R A N C H
DEMOGRAPHICS
RR AA YY ZZ OO RR RR AA NN CC HH
Population
3-Mile
5-Mile
10-Mile
Trade
2017 Projection
44,382
96,053
209,638
357,609
Radius
Radius
Radius
Area
2012
Estimate
41,642
89,027
184,597
311,442
The very best opportunity in all of North Texas.
Population
2017 Projection
44,382
96,053
209,638
357,609
Growth 2012-2017
15.59%
 A 400-acre
mixed-use development featuring retail, 6.58%
residential, 7.89%
hotel, office,13.57%
medical office,
15-acre public park and entertainment uses.
2012 Estimate
41,642
89,027
184,597
311,442
D E M O GSRUAMPMHAI CRSY
 2011
TheDaytime
largestPopulation
super-regional retail development between Dallas-Fort Worth and Oklahoma City.
2012-2017square-foot
6.58%
7.89%
13.57%Club and15.59%
2011 Number
Employees
46,594
106,513
204,502
105,321
 Rayzor
RanchofMarketplace
–Growth
an 800,000
shopping
center featuring
a high-performing
Sam’s
Walmart Supercenter.

Rayzor Ranch Town Center – a 600,000 square-foot regional shopping, dining and entertainment destination.

Denton
is the
regional
center
forPop.
healthcare,
Texas
Health
and Denton
Regional 196,996
Medical Center.
2012 Est.
Age 25+ byincluding
Educational
Attainment
24,608of Denton
54,921
115,596
Bachelor's
Degree
or Higher
32.90%
31.92% Presbyterian
33.32%
29.31%
2011 Daytime Population
2012 Population by Age
2011 Number of Employees 4.67%
46,594
106,513
204,502
105,321
Age 0-4
5.86%
7.09%
7.32%
DentonAge
is5-9
the next big thing in Texas.
5.06%
6.21%
7.18%
7.27%
2012 Population by Age
Age 10-14
4.92%
5.87%
6.70%
6.92%
 Located
in Denton, Texas, 35
at the center3.55%
of
everything,
where I-357.09%
and Highway7.32%
380/West University Drive meet.
Agemiles
0-4 north of Dallas-Fort
4.67%
5.86%
Age 15-17
2.44%Worth, 2.90%
3.92%
Age 5-9 – from lively local
5.06%
6.21%
7.18%
7.27% in Denton is exciting new retail
18 and
overhas almost everything
82.90%
75.47%
74.57%
 ForAge
a city
that
culture 79.17%
and great jobs
to high-quality
healthcare
– what’s missing
10-1440 miles are commonplace
4.92%
5.87%
6.70%
6.92%
Age 21 and
over of 15, 30 andAge
70.46%
71.09%
69.71%
69.49%
nearby.
Drives
even
for Denton residents.
Age 15-17
2.44%
2.90%
3.55%
3.92%
Age 65 and over
7.25%
7.18%
7.35%
9.31%
Age 18 and over
82.90%
79.17%
75.47%
74.57%
2012
Est.
Median
Age
29.34
30.68
32.02
33.13
Vibrant employment and higher education.
Age 21 and over
70.46%
71.09%
69.71%
69.49%
AgeAttainment
65 and over
7.25%
7.18%
7.35%
9.31%
2012 Est. Pop. Age 25+ by Educational
24,608
54,921
115,596
196,996
 Big employers that call Denton
home include Peterbilt Motors and the headquarters
of Sally
Beauty Supply
International,
plus manufacturers United Copper,
29.34
30.68
32.02
33.13
Some College, no degree 2012 Est. Median Age
24.04%
24.63%
24.69%
24.84%
Thermadyne, Acme Brick and Jostens. The daytime population of the trade area is 105,321.
Associate Degree
6.09%
6.05%
6.40%
6.28%
Some College, no degree
24.04%
24.63%
24.69%on the region
24.84%each year.
Also expected to grow is aerospace/aviation,
centering on the Denton Airport,
with a $58.4
million impact
6.09%
6.05%
6.40%
6.28%
2012 Est. Households by Household Associate
Income Degree
16,337
34,551
67,416
111,956
 There are 55,000 students at University of North Texas, Texas Women’s University and North Central Texas.
Bachelor's Degree or Higher 14.03%
32.90%
31.92%
33.32%
29.31%
Income $50,0000 - $74,999
17.28%
18.31%
19.02%

Income $75,000 or Higher
15.58%
A robust and growing population.
2012 Est. Households by Household Income
21.79%
34.24%
16,337
14.03%
$71,606
15.58%
$53,474
35.36%
34,551
17.28%
$73,575
21.79%
$55,751
67,416
111,956
18.31%
19.02%
2012 Est. Average Household IncomeIncome $50,0000 - $74,999 $43,995
$54,801
 2012
TheEst.
trade
areHousehold
population
is more
311,400.
Incomethan
$75,000
or Higher $30,862
34.24%
35.36%
Median
Income
$39,482
Est.inPer
Capita–Income
$18,286
$21,988
$26,555
$26,751 for Rayzor Ranch is expected to increase by more than
 2012
Even
Texas
which is all about growth – Denton
stands out.
The total trade
area population
Est. Average Household Income
$43,995
$54,801
$71,606
$73,575
15 percent to 357,609 by2012
2017.
2012 Est.
Median
Household Income
$30,862
$39,482
$53,474
$55,751
2012
Est.
Median
All
Owner-Occupied
Housing
Value
$122,726
$125,916
$151,134
$145,441
 More than a quarter of all new home construction in the metro area is in Denton County.
2012 Est.
Per Capita Income
$18,286
$21,988
$26,555
$26,751
2012 Est. All Owner Occupied Housing
Units
5,167
14,758
40,950
73,727
Significant spending power.
2012 Est. Median All Owner-Occupied Housing Value
$122,726
$125,916
$151,134
2012 Est. Pop 16+ by Occupation Classification
22,667
47,951
97,954
2012 Est. All Owner Occupied Housing
5,167
14,758
40,950
White Collar
55.47%Units 57.96%
61.61%
60.05%
 Young
median age + friendly housing prices + strong
average 18.96%
household incomes
shopper base
Blue Collar
17.98%
19.54% = strong
21.88%
2012average
Est. Pop 16+
by Occupation
Classification
22,667 income
47,951 97,954
 Excellent income - $73,575
household
income;
$55,751 median household
White Collar
55.47%
57.96%
61.61%
© 2012 CLARITAS INC. All rights reserved.
Blue Collar
17.98%
18.96%
19.54%
© 2012 CLARITAS INC. All rights reserved.
32 | demographics
$145,441
73,727
60.05%
21.88%
R A Y Z O R
R A N C H
SUMMARY
The very best opportunity in all of North Texas.

A 400-acre mixed-use development featuring retail, residential, hotel, office, medical office, 15-acre public park and entertainment uses.

The largest super-regional retail development between Dallas-Fort Worth and Oklahoma City.

Rayzor Ranch Marketplace – an 800,000 square-foot shopping center featuring a high-performing Sam’s Club and Walmart Supercenter.

Rayzor Ranch Town Center – a 600,000 square-foot regional shopping, dining and entertainment destination.
Denton is the next big thing in Texas.

Located in Denton, Texas, 35 miles north of Dallas-Fort Worth, at the center of everything, where I-35 and Highway 380/West University Drive meet.

For a city that has almost everything – from lively local culture and great jobs to high-quality healthcare – what’s missing in Denton is exciting new retail
nearby. Drives of 15, 30 and even 40 miles are commonplace for Denton residents.
Vibrant employment and higher education.

Big employers that call Denton home include Peterbilt Motors and the headquarters of Sally Beauty Supply International, plus manufacturers United Copper,
Thermadyne, Acme Brick and Jostens. The daytime population of the trade area is 105,321.

Denton is the regional center for healthcare, including Texas Health Presbyterian of Denton and Denton Regional Medical Center.

Also expected to grow is aerospace/aviation, centering on the Denton Airport, with a $58.4 million impact on the region each year.

There are 55,000 students at University of North Texas, Texas Women’s University and North Central Texas.
A robust and growing population.

The trade are population is more than 311,400.

Even in Texas – which is all about growth – Denton stands out. The total trade area population for Rayzor Ranch is expected to increase by more than
15 percent to 357,609 by 2017.

More than a quarter of all new home construction in the metro area is in Denton County.
Significant spending power.

Young median age + friendly housing prices + strong average household incomes = strong shopper base

Excellent income - $73,575 average household income; $55,751 median household income 33 | summary