for sale - jll · ellis county courthouse, the most photographed courthouse in the state of texas...
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1,059ACRE SUBJECT PROPERTY
For Sale 1,059 acre Investment Land Between Parks School House Rd & FM 879 Waxahachie, Texas
For additional information:
Michael Swaldi, AIA, SIOR Managing Director
214.438.6219 [email protected]
Larry McCorkle
Managing Director 214.438.6216
Nick Hayden Senior Associate
214.438.6488 [email protected]
THE OPPORTUNITY JLL is pleased to present a master planned development opportunity or long term hold opportunity in the City of Waxahachie. This 1,059 acre parcel is in the ETJ of Waxahachie near HWY 287. The Property is located 30 miles south of Dallas Central Business District and 40 miles from downtown Fort Worth. These commutes are quick and simple as main thoroughfares I-35 and Hwy 287 are straight shots into the heart of each respective city.
Waxahachie is the undiscovered jewel of North Texas. This community provides a small town feel with all the luxuries of a larger suburban city. The addition of the beautiful Baylor Scott and White Facility at the intersection of I-35 and Hwy 287 as well as the abundant retail along Hwy 287 down the street provides citizens with jobs, care, shopping, food, and entertainment unique in the outlying suburbs to Waxahachie.
Waxahachie has had steadily rising lot construction since the great recession. The last 5 years Waxahachie has averaged an annual increase of approximately 20%. They are on pace to surpass
425 lots for 2017. As DFW continues to win corporate relocations, our population explodes, and affordable housing evaporates the need for communities like
Waxahachie, with great schools and atmosphere, to be developed out needs to be more of a priority.
2017 2021*
POPULATION
Population 30,672 33,309
Households 10,863 11,780
Median Age 33 33.5
HOUSING
Average HH size 2.72 2.73
Owner occupied units 5,914 6,417
Renter occupied units 4,949 5,364
INCOME
Median HH income $54,213
Average HH income $66,919
*Estimates
$58,892
$72,216
WAXAHACHIE DEMOGRAPHICS
North | 30 minutes to Dallas. West | 30 minutes to Fort Worth
East | 15 miles to I-45 and the Piney Woods of East Texas
South | 50 miles to Waco and the Hill Country
WAXAHACHIE ISD The award winning Waxahachie ISD is one of the prized assets of the community of Waxahachie. Waxahachie ISD supports a diverse student population of 8,500 regular attending students. The school district regularly meets and exceeds state standards, as well as winning awards in the fine arts and athletics programs. As a showing of their commitment Waxahachie is building a brand new $118,000,000 high school campus.
DOWNTOWN HISTORIC WAXAHACHIE Waxahachie is locally known for its elaborate Richardsonian Romanesque courthouse, considered by many to be among the most beautiful of Texas's older courthouses. Centered around the Courthouse, Waxahachie has done a great job of preserving the charm of the square while also creating an atmosphere of fun, shopping and restaurants. The town also features many examples of Victorian architecture and Gingerbread homes, several of which have been converted into bed and breakfasts. The Scarbough Renaissance Festival has been a popular event since 1981, Bethlehem Revisited and Texas County Reporter Festival are Waxahachie, family-friendly events that have an average attendance of over 30,000 annually.
1,05SUBJECT
59-ACRE T PROPERTY
W axahachie is conveniently located at the crossroads of Interstate 35E and U.S. Highway 287. Over 80,000 vehicles travel through this intersection every day, making Waxahachie the ideal location for a variety of businesses and industries.
Since it was founded, Waxahachie has benefited from its prime location. In the late nineteenth century, Waxahachie was founded on the prosperous cotton and cattle industries. These industries continued to succeed due to rail availability and the original highway intersection at the heart of Waxahachie.
Fast forward over one hundred years, and Waxahachie is still experiencing a healthy rate of growth. Its excellent transportation corridors are where modern-day companies are enjoying success in the medical, industrial, service, manufacturing, retail and tourism industries.
The community’s quality of life is second-to-none with a variety of residential options, excellent education opportunities, convenient shopping and dining, progressive medical care, and quick access to all the metropolitan amenities that the DFW Metroplex has to offer.
ABOUT WAXAHACHIE
WHAT TO SEE AND DO IN WAXAHACHIE
Ellis County Courthouse, the most photographed courthouse in the state of Texas
NEW: Lights of Waxahachie - trees on the Ellis County Courthouse lawn lit 365 evenings a year
Numerous antiques, boutiques & specialty shops in the Historic Downtown District
Over 90 restaurants throughout the city
Historic museums and art galleries
Hike & Bike Trails
Baseball, Football, Soccer, Softball and Walking Trail at Waxahachie Sports Complex
60,000 square feet of meeting space at the Waxahachie Civic Center
Over 500 hotel rooms and bed & breakfast
Annual Festivals like Scarborough Renaissance Festival, Gingerbread Trail Historic Home Tour, Texas Country Reporter Festival, Bethlehem Revisited and many more.
MAJOR AREA EMPLOYERS
ACCESSIBILITY Every major city in the continental US can be accessed within 4 hours
DALLAS OVERVIEW
The D/FW Metroplex’ ideal business climate is due in part to the
region’s quality of life, strong economy, low cost of living, skilled
labor force, pro-business mind-set and absence of corporate and
personal income taxes. The Region has added 501,000 residents
between 2010-2014 and is projected to grow to 10,500,000 by the
year 2040. D/FW 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 overabundance of
talent. The population growth has fueled real estate development,
as retailers and service providers expand to meet increasing
demand.
Exxon Mobil AT&T Energy Transfer Equity American Airlines Fluor Kimberly-Clark HollyFrontier Southwest Airlines Tenet Healthcare Texas Instruments JC Penney
Dean Foods GameStop D R Horton Commercial Metals Celanese Trinity Industries Dr Pepper Snapple Group Energy Future Holdings Alliance Data Systems Pioneer Natural
Resources
DFW FORTUNE 500 HEADQUARTERS
Toyota Toyota North America has started construction on their new HQ. The move will bring 5,000 jobs to DFW, not to mention the ancillary 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 development 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.
LOW HOUSING COSTS On average, housing costs are 50% less than in other major metropolitan areas
By truck, distributors can effi-ciently reach 93% of the popula-tion within 48 hours
The Metroplex is home to 25 college and universities with more than 300,000 students
Home to more than 12 professional & amateur sports leagues
14 night life corridors with more than 2,500 restaurants
Dallas Area Rapid Transit (DART) and Trinity Railway Express (TRE) move more than 220,000 people across 700 mile area each day
Michael Swaldi, AIA, SIOR Managing Director 214.438.6219 [email protected]
Larry McCorkle Managing Director 214.438.6216 [email protected]
Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable, no warranty or representation, express or implied, is made as to the accuracy of the information contained herein. It is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice by our principals.
For additional information please contact:
For Sale 1,059 acre Master Planned Community Between Parks School House Rd and FM 879 Waxahachie, Texas
Nick Hayden Senior Associate 214.438.6488 [email protected]