TYLER VILLAGE WEST...Offering Overview Henry S. Miller Company, on behalf of the City of Tyler, has...

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CHRIS BURROW DILLON COOK Vice President Associate LAND ADVISORY GROUP LAND ADVISORY GROUP e [email protected] e [email protected] p 972.419.4094 p 972.386.1462 c 214.244.5047 c 214.738.3857 METHODS CHANGE. PRINCIPLES ENDURE. SERVICE & INTEGRITY SINCE 1914. TYLER VILLAGE WEST LAND ADVISORY GROUP PREMIER DOWNTOWN MIXED-USE DEVELOPMENT SITES • 1.0 – 10.22 ACRES • TYLER, TX FOR SALE OFFERING SUMMARY E 5.74 Acres 1.41 Acres 1.50 Acres 1.57 Acres

Transcript of TYLER VILLAGE WEST...Offering Overview Henry S. Miller Company, on behalf of the City of Tyler, has...

Page 1: TYLER VILLAGE WEST...Offering Overview Henry S. Miller Company, on behalf of the City of Tyler, has been exclusively retained to offer for sale a 9-acre mixed-use site in Tyler, Texas.

CHRIS BURROW DILLON COOK

Vice President Associate

LAND ADVISORY GROUP LAND ADVISORY GROUP

e [email protected] e [email protected]

p 972.419.4094 p 972.386.1462

c 214.244.5047 c 214.738.3857 METHODS CHANGE. PRINCIPLES ENDURE. SERVICE & INTEGRITY SINCE 1914.

TYLER VILLAGE WEST

LAND ADVISORY GROUP

P R E M I E R D O W N T O W N M I X E D - U S E D E V E L O P M E N T S I T E S • 1 . 0 – 1 0 . 2 2 A C R E S • T Y L E R , T X

FOR SALE OFFERING SUMMARY

E

5.74

Acres

1.41

Acres

1.50

Acres

1.57

Acres

Page 2: TYLER VILLAGE WEST...Offering Overview Henry S. Miller Company, on behalf of the City of Tyler, has been exclusively retained to offer for sale a 9-acre mixed-use site in Tyler, Texas.

Offering OverviewHenry S. Miller Company, on behalf of the City of Tyler, has been

exclusively retained to offer for sale a 9-acre mixed-use site in Tyler, Texas.

This urban development opportunity is the largest and most prominent

undeveloped site in downtown Tyler. With DBAC zoning in place, this

allows a developer a range of options and uses for a new mixed-use

development including:

•Multifamily/Residential

•Hotel

•Townhouses

•Retail, Restaurant & Entertainment

•Office

•Cultural Institutions

•Arts & Entertainment Space

Location: 527-827 Erwin Street, Downtown Tyler, Smith County, Texas

Land Size: ±10.22 Acres (4 Separate Tracts)

Zoning: DBAC - The Downtown, Business, Arts and Culture District

(formerly C-3 in Tyler), is primarily intended to implement the Tyler 1st

Comprehensive Plan - Downtown Master Plan. (See zoning information on

page 7)

Tyler 1st Comprehensive Plan and Downtown Tyler: This plan aims

to accommodate development and redevelopment in downtown that

creates a walkable, mixed-use city center with residential, commercial,

entertainment, arts, institutional, park, and government land uses. The

district is intended to ensure that future development is compatible with

the existing development and will enhance the economic, cultural, and

historical significance of downtown Tyler.

Density: The DBAC zoning allows for a maximum building height of 20

stories with a minimum height of 25’ and a minimum frontage of 25’ and

no minimum setbacks. Please refer to the plan for additional restrictions.

Environmental: The Texas Commission on Environmental Quality has

determined that the property has attained cleanup requirements

required for petroleum storage tanks once in place on the property. The

commission provided a “Final Certificate of Completion” in 2011.

UtilitiesThe property is served by sewer including 10” gravity main along W. Erwin

St., an 8” gravity main running east and west through the center of the

property, a 6” main running along W. Ferguson St. and an 8” main running

north and south along N. Bonner Ave. (See Utility Map on Page 6). Water

lines (6”) run along W. Erwin St., W. Ferguson St. and N. Bonner Ave.

Public TransportationThe City of Tyler provides citizens with a safe, dependable and efficient

public bus system with various bus routes serving various lines (red, green,

yellow, blue and purple) with specific segments of the City. The

Downtown and Medical districts are served by the Red and Green lines.

RestaurantsDowntown Tyler features a nice variety of excellent restaurants including

Rick’s on The Square with southern fare and a recently added oyster bar,

Jakes Steakhouse, Don Juan Mexican, Bistroll’s Asian Fusion, and the

latest addition, Jack Ryan’s Steak house located in the People’s

Petroleum Building on the square. All restaurants are within a 5 – 10

minute walk of the property.

Medical District Tyler’s Medical industry employs some 20,000 people in four separate

hospitals. The Medical District is located one mile southeast of the

property.

Cultural Facilities Downtown Tyler has the largest concentration of cultural institutions in the

City. They include the Tyler Main Street Gallery, Liberty Hall and Liberty

Theatre, home of the East Texas Symphony Orchestra, Tyler Public Library,

Discovery Science Museum, Caldwell Auditorium, Smith County Historical

Museum, Goodman Museum, and the Train Depot and Museum.

Executive SummaryPROPERTY OVERVIEW

T Y L E R V I L L A G EW E S T

Page 3: TYLER VILLAGE WEST...Offering Overview Henry S. Miller Company, on behalf of the City of Tyler, has been exclusively retained to offer for sale a 9-acre mixed-use site in Tyler, Texas.

City Hall

People’s

Petroleum Bldg.

City of Tyler

Parking Garage

Tyler Courthouse/ U.S. Post Office

W. Erwin Street

W. Ferguson Street

W. Elm Street

Executive SummaryCONCEPTUAL SITE PLAN

T Y L E R V I L L A G EW E S T

Page 4: TYLER VILLAGE WEST...Offering Overview Henry S. Miller Company, on behalf of the City of Tyler, has been exclusively retained to offer for sale a 9-acre mixed-use site in Tyler, Texas.

Executive SummaryLOCATION MAP

T Y L E R V I L L A G EW E S T

BellwoodPark

Tyler Village

West

Page 5: TYLER VILLAGE WEST...Offering Overview Henry S. Miller Company, on behalf of the City of Tyler, has been exclusively retained to offer for sale a 9-acre mixed-use site in Tyler, Texas.

Executive SummaryAREA OVERVIEW

T Y L E R V I L L A G EW E S T

Page 6: TYLER VILLAGE WEST...Offering Overview Henry S. Miller Company, on behalf of the City of Tyler, has been exclusively retained to offer for sale a 9-acre mixed-use site in Tyler, Texas.

CHRIS BURROWVice Presidentp 972.419.4094 m 214.244.5047e [email protected]

ALEC LUCASAssociatep 972.386.1450m 214.636.0067e [email protected]

DILLON COOKAssociatep 972.386.1462m 214.738.3857e [email protected]

ERIC LEYENDECKERAssociatep 972.386.1463m 214.704.0787e [email protected]

www.henrysmiller.com

HENRY S. MILLER BROKERAGE, LLC

14001 DALLAS PARKWAY, 11TH FLOOR, DALLAS, TEXAS 75240

972.419.4000

Contact Information

Our Industry experts are here to provide you with the answers you need. Please feel free to contact Henry S. Miller

Brokerage Land Advisory Group so that we may further assist you with your real estate needs.

About Us T Y L E R V I L L A G EW E S T

Page 7: TYLER VILLAGE WEST...Offering Overview Henry S. Miller Company, on behalf of the City of Tyler, has been exclusively retained to offer for sale a 9-acre mixed-use site in Tyler, Texas.

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