Commercial Reserves Available - Cloudinary

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#17 Master Planned Community in the Nation for 2016 Named a Quality Planned Development by West Houston Association Simmi Jaggi Senior Vice President 713 888 4098 [email protected] Elizabeth Clampitt Vice President 713 888 4075 [email protected] John Burns Real Estate Consulting Commercial Reserves Available

Transcript of Commercial Reserves Available - Cloudinary

#17 Master Planned Community in the Nation for 2016

Named a Quali ty Planned Development byWest Houston Association

Simmi JaggiSenior Vice President

713 888 [email protected]

Elizabeth ClampittVice President

713 888 [email protected]

John Burns Real Estate Consulting

Commercial Reserves Available

LOCATION

Aliana’s commercial reserves are a part of the ±2,000 acre master-planned community developed by Aliana Development

Company with an estimated 4,200 homes at buildout. The Property is located West of Houston along SH 99 at the signalized

intersection of West Airport in Houston ETJ, Fort Bend County. The commercial reserves boast excellent visibility and access from SH

99. The West Airport and SH 99 exchange is one of the few exits along SH 99 with designated feeder roads.

• #1 Fastest Growing County of the Ten Largest Counties in Texas

• Consistently Ranked in the Top 3% of the Nation’s Counties in 5 Key Demographic Measures

• Regional Leadership in Secondary Education; Exceptionally Educated and Skilled Resident Workforce

RESIDENTIAL COMMUNIT Y

Aliana’s housing inventory will continue to be a significant part of Fort Bend County’s growth story. Aliana has over 2,300 homes

on the ground with home prices ranging between $300,000 up to over $1 million. Aliana had 443 home sales in 2015, and 426

home sales in 2016 and are projecting 450 for 2017.

Grand Parkw

ay

Clo

dine

Roa

d1464

1464

99

West BellfortHar

lem

Roa

dMadden Road

Mad

den

Road

West Airport

DenverMillerRoad

West Airport

N

DEVELOPMENT PLAN

±8 acres

±21.98 acres

±30.08 acres

±4.48 acres

±4.8 acres ±4.03

acres

±2.24 acres

±2.41 acres

±4.87 acres

±8.00 acres

±1.5 acres

Madden Elementary

School

±24.49 acres

±29.26 acres

Future Elementary

School

±1.5 acres

RECENT ACTIVIT Y

Aliana Development Company is proud to announce that the brand new H-E-B Aliana Market is now open! Located at 10165

W. Grand Parkway S., this 105,000-square-foot store brings brand innovation and world-class shopping to the community, with

an emphasis on simple and fresh quality products at affordable prices. Aliana Market will offer H-E-B’s fast and reliable curbside

pickup.

Property Commerce has closed on approximately 38 acres and has started developing a 438,000-SF Target-anchored retail

center. Target is testing a new prototype at Aliana that will feature two distinct shopping areas with their own entrances. One side

will be somewhat like a department store while the other side will be for quick services and grab-and-go items. The department

store portion, branded the “inspiration” side, will have a curved center aisle with displays featuring seasonal items and exclusive

brands. The redesign will have brighter lighting and a more open layout. The other part of the store, branded the “ease” side, is

designed to get shoppers in and out quickly, and will sell groceries and beverages, allow customers to pick up online orders and

handle customer service. Plans for the store also include a curbside delivery zone. The new concept will still feature a CVS Pharmacy

and a Starbucks.

Aliana is pleased to offer new amenities like a brand new Recreation Center. Opening soon, this Recreation Center will come

complete with a splash pad, tennis courts, refreshing pool, playgrounds and an event lawn.

DEMOGRAPHICS

Excellent schools, affordable housing, and extensive recreational facilities have attracted families with impressive demographic

profiles. This results in a local employment base that provides relocating companies with a diverse mix of professional, technical,

skilled, and unskilled labor with the highest educational attainment levels in the region.

The U.S. Bureau of Census estimates that 39% of all adults in Fort Bend County hold a bachelor’s degree or greater compared to the

national average of 27.5%. Fort Bend County tops the nation for percentage of families with 83% of the population living in family

households. 82% of Fort Bend residents own their own homes. The average household income in Fort Bend is over $143,000.

2017 EST IMATED DEMOGRAPHICS

Population Summary

191,958 | 5 Miles

1,720 | 1 Mile

67,237 | 3 Miles

2017 Average Daily Traffic Counts

AREA TRAFFIC COUNTS

West Bellfort, east of FM 1464 8,668 Vehicles

FM 1464, south of West Bellfort 19,118 Vehicles

FM 1464, north of West Bellfort 16,830 Vehicles

Average Household Income

$107,889 | 7 Miles

$114,352 | 3 Miles

$114,398 | 5 Miles

Median Age

34.1 | 3 Miles

33.8 | 5 Miles

34.0 | 7 Miles

SH 99, south of West Airport 22,000 Vehicles

SH 99, north of West Airport 24,100 Vehicles

Harlem, south of SH 99 5,370 Vehicles

Harlem, north of SH 99 10,600 Vehicles

West Bellfort, west of FM 1464 4,070 Vehicles

RETAIL GROWTH

JLL1400 Post Oak BoulevardSuite 1100Houston, Texas 77056

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. All marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

Simmi JaggiSenior Vice President

713 888 [email protected]

Elizabeth ClampittVice President

713 888 [email protected]