PARKHOUSEDESIGN DISTRICT

DALLAS COUNTY

PARKHOUSE DESIGN DISTRICT DALLAS, TX

RANGE REALTY ADVISORS

3625 N. HALL STREET, SUITE 630 DALLAS, TX 75219

214-416-8222 RANGEREALTYADVISORS.COM

OFFERING SUMMARY

PARKHOUSE DESIGNDISTRICT

PARKHOUSE DESIGN DISTRICT PROPERTY OVERVIEW

PD 621, Subdistrict 1A118/122/126/130/140

Parkhouse StreetDallas, Texas 75207

Design District

Rentable Square Feet: 25,920Year Built: 1954

Multifamily / Retail / Office / Lodging / Mixed-Use

0.64 Acres

00-00063-361-600-00-00,00-00063-362-200-00-00,00-00063-362-500-00-00,00-00063-362-800-00-00,00-00063-363-100-00-00

On-Site

ZONINGLOCATION

SUBMARKETBUILDING DESCRIPTION

FUTURE LAND USELAND AREA

ASSESSOR’S PARCEL NUMBERSUTILITIES

Parkhouse Design District, situated within the ever-evolving Dallas Design District, represents a unique income producing asset with strong underlying land value.

This Property is located along the Trinity River Levee, overlooking the proposed Trinity River Corridor Park. Parkhouse Design District sits within an area that the City of Dallas has labeled “Trinity Gateway” in the West Dallas Urban Plan, which promises to bring continued growth to West Dallas.

In addition to new restaurant and retail establishments, the proposed Marriott Hotel and Virgin Hotel will increase neighborhood density, making this a sound investment for potential developers.

2

PARKHOUSE DESIGN DISTRICT AERIAL OVERVIEW

Design District Land_JH 1.29.2018Texas, AC +/-

Boundary

Dillon CookP: 214-416-8223 dcook@rangerealtyadvisors.com 3625 North Hall Street, Suite 630, Dallas, TX 75219

The information contained herein was obtained from sourcesdeemed to be reliable. MapRight Services makes no warrantiesor guarantees as to the completeness or accuracy thereof.844.932.6277 - mapright.com

AR

CH

I TE

CT

UR

E

100P a r kh o u s e

NCA Partners

STUDIO SixTen

Terrace Level Landscape Plan

Not to Scale

N

3

RIVERFRONT BOULEVARD

CONTINENTAL AVENUE

PARKHOUSE STREET

CORE STREET

505 RiverfrontProposedMixed Use

ScenceHair Salon

Country Garden Antiques

Parkhouse Design District

WOODALL RODGERS FREEWAY

101 ParkhouseProposed

Multifamily

PARKHOUSE DESIGN DISTRICT FLOOR PLAN

Not Part of Portfolio

CONTINENTAL PEDESTRIAN BRIDGE

PARKHOUSE ST.

4

Design District Land_JH 1.29.2018Texas, AC +/-

Boundary

Dillon CookP: 214-416-8223 dcook@rangerealtyadvisors.com 3625 North Hall Street, Suite 630, Dallas, TX 75219

The information contained herein was obtained from sourcesdeemed to be reliable. MapRight Services makes no warrantiesor guarantees as to the completeness or accuracy thereof.844.932.6277 - mapright.com

PARKHOUSE DESIGN DISTRICT AERIAL OVERVIEW

PROPOSED TRINITY RIVER

CORRIDOR PARK

Arpeggio at Victory Park

Multifamily

The BreweryProposed

Multifamily

Marriott HotelProposed

RIVERFRONT BOULEVARD

SINGLETON BOULEVARD

CONTINENTAL AVENUE

OneVictory Park

Office

The 23Multifamily

Cabana HotelRedevelopment Proposed Hotel &

Multifamily

Victory Center

Proposed Office

Gateway Tower

Proposed Office

1313 RiverfrontRetail & RestaurantsUnder Construction

Dallas DesignCenter

Cypress at Trinity Groves

Multifamily

Trinity Groves

Restaurants

Parkhouse Design District

WOODALL RODGERS FREEWAY

COMMERCE STREET

505 RiverfrontProposedMixed Use

101 ParkhouseProposed

Multifamily

5

PARKHOUSE DESIGN DISTRICT AERIAL OVERVIEW

Image Landsat / Copernicus

Image Landsat / Copernicus

Image Landsat / Copernicus

© 2018 Google

© 2018 Google

© 2018 Google

Cabana HotelRedevelopment

Proposed Hotel & Multifamily

Dallas Design Center

RIVERFRONT BOULEVARD

CONTINENTAL AVENUE505 Riverfront

Proposed Mixed Use

Parkhouse Design District

WOODALL RODGERS FREEWAY

EW

PROPOSED TRINITY RIVER

CORRIDOR PARK

100 ParkhouseProposed Multifamily

6

PARKHOUSE DESIGN DISTRICT INVESTMENT MERITS

GROWTH AND QUALITY OF LIFEZONING REQUIREMENTS

INVESTMENT MERITS

Zoning: PD 621, Subdistrict 1AMaximum Density: NoneMinimum Lot Size: NoneFloor Area Ratio: 4.0:1Front Setbacks: NoneSide/Rear Setbacks: None

Primary Uses: Multifamily, retail, office and lodging in compatible combinations of mixed-use.

Maximum Height: 150 feet for buildings having an FAR for residential uses of 0.5 or more; 130 feet for all other buildings and structures.

Refer to PD documentation for height bonuses that may be combined to achieve a maximum building height of 270 feet.

• Dallas County is one of the fastest growing markets within the country.• Substantial demand for properties within West Dallas is currently on

the rise, with continued growth supported by Trinity Groves and the Margaret Hunt Hill Bridge / Trinity River Project.

• Parkhouse Design District presents a rare investment and/or development opportunity in one of the most sought after multifamily and office submarkets in all of Dallas.

EXCELLENT COVERED LAND PLAY

• This unique property, located along the Trinity River Levee, is a part of the proposed Trinity River Corridor Park. This proposed development promises to bring tremendous growth to the already thriving West Dallas market.

• Well-documented demographic and economic trends strongly favor the market area and are projected to continue into the future.

7

ABOUT US

PARKHOUSE DESIGN DISTRICT ABOUT US

• Valuations• Conceptual Land Use Planning• Zoning and Regulatory Approvals• Public Improvement District (PID)

Formation• Strategic Marketing Plans• Property Entitlement and Advocacy • Debt and Equity Placement• Property and Asset Management

• Investment Property Sales and Acquisitions

• Advisory and Consulting Services• Finance and Capital Markets• Real Estate Investments and

Management

Range is a full service commercial real estate brokerage, advisory, finance, and investment firm. Our clients include individual, institutional, and international investors, developers, family offices, and governmental entities. We represent clients seeking to acquire or sell real estate assets and assist in maximizing the return on those assets. To that end, we add value to investment real estate properties through procuring entitlement and regulatory approvals; enhancing property value through infrastructure expansion; facilitating public/private partnerships; and negotiating economic incentives from municipalities and other governmental entities.

OUR SERVICESAREAS OF PRACTICEWHAT WE DO

8

CONTACT INFORMATION

PARKHOUSE DESIGN DISTRICT CONTACT INFORMATION

Our industry experts are here to provide you with the answers you need. Please feel free to contact Range Realty Advisors so that we may further assist you with your real estate needs.

Office: 214-416-8222 Desk: 214-416-8224Cell: 214-244-5047 cburrow@rangerealtyadvisors.com

CHRIS BURROW Founding Partner, CEO

Office: 214-416-8222 Desk: 214-416-8223 Cell: 214-738-3857 dcook@rangerealtyadvisors.com

DILLON COOK Founding Partner, COO

9

11-2

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5

TYPE

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AL E

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CEN

SE H

OLD

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resp

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ll br

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ities

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THIS INFORMATION IS FROM SOURCES BELIEVED TO BE RELIABLE, BUT RANGE REALTY ADVISORS, LLC HAS NOT VERIFIED THE ACCURACY OF THE INFORMATION. RANGE REALTY ADVISORS, LLC MAKES NO GUARANTEE, WARRANTY OR REPRESENTATION AS TO THE INFORMATION, AND ASSUMES NO RESPONSIBILITY FOR ANY ERROR, OMISSION OR INACCURACY. THE INFORMATION IS SUBJECT TO POSSIBILITY OF ERRORS, OMISSIONS, CHANGES OF CONDITION, INCLUDING PRICE, OR WITHDRAWAL WITHOUT NOTICE. ANY PROJECTIONS, ASSUMPTIONS OR ESTIMATES ARE FOR ILLUSTRATIVE PURPOSES ONLY. RECIPIENTS SHOULD

CONDUCT THEIR OWN INVESTIGATION.

RANGE REALTY ADVISORS

3625 N. HALL STREET, SUITE 630 DALLAS, TX 75219

214-416-8222 RANGEREALTYADVISORS.COM