morada plano - loopnet · 2017. 7. 12. · morada plano will offer 333 parking spots - 288 of which...
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Plano, Tx
RetailL E A S I N G
Morada Plano
Project Overview
Morada Plano will be a 5-story multifamily community located in the heart of historic downtown Plano where residents will have a variety of local dining and shopping options at their doorstep. The community will consist of 184 apartments in two buildings and the ground floor will feature 12,700 SF of retail and restaurant space.
Morada Plano will offer 333 parking spots - 288 of which will be in a below grade parking structure. All apartments will include a high level of interior finishes such as wood-panel flooring, quartz countertops with islands, stainless steel appliances, side by side refrigerators, washers and dryers and outdoor balconies. Mora-da Plano will offer a superior amenity package to its residents including a business center with WI-FI, 24/7 game room, 24-hour state-of-the-art fitness center, lushly landscaped pool deck, private gazebos, and flat screen TV’s.
*Area Demographics
2016 Est. Population:
2016 Est. Average Household Income:
2016 Est. Median Household Income:
Employees:
Businesses:
*Site USA
9,732
$45,419
$45,419
18,333
1,649
94,721
$76,590
$76,590
74,177
6,071
274,904
$105,537
$83,024
169,759
13,791
(1-mile radius) (3-mile radius) (5-mile radius)
Market Analysis
Plano, Texas is the largest city in Collin County and is located 20 miles north of downtown Dallas. In January 2013, 24/7 Wall Street named Plano the #1 Best Run City in America based on high annual household in-come, a low violent crime rate, number of corporate headquarters and median home prices. The City of Plano is a thriving community of North Texas with an estimated 271,810 residents and continually garners national accolades for its quality of life, environmental initiatives, and economic development opportunities. Locatedwithin one of the nation’s fastest growing counties, Collin County, Plano has seen tremendous growth in its ever-expanding population. Since 2000, the City of Plano has grown by 21.3%, and is expected to add another 20,700 residents by 2018.
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About Southern Land Company
Southern Land Company has completed over 20 residential, commercial and mixed-use developments since 1986. A proven track record has allowed Southern Land Company to successfully expand its presence into multiple markets throughout the U.S. By appropriately mixing retail, residential and commercial uses, Southern Land Company intends to further shift the trend away from suburban sprawl towards neighborhoods that foster a walkable sense of place, and are functional and attractive for residents, shoppers and employees.
www.southernland.com
For More Information, Please Contact
Paul Neuroth Senior Vice President of [email protected]