FROM LEGACY TO LUXURY

Transcription

1 FORT WORTH TEXAS

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3 FROM LEGACY TO LUXURY Founded in 1848, the family-owned Edwards Ranch predates the very city that has grown up around it. Once spanning 7,000 acres across southwest Fort Worth, land used for the Edwards cattle operation is now occupied by many landmarks such as the Fort Worth Zoo and Colonial Country Club. As passionate stewards, Cassco Development Co., the development arm of Edwards Ranch, is now focusing on the 270 acres known as Clearfork. Plans for Clearfork involve careful consideration of how best to cultivate the last undeveloped portion of this legendary land to create a timeless contribution to Fort Worth. Clearfork will be an upscale, mixed-use development in the heart of the city. Here along the Clear Fork of the Trinity River, an inspired mix of retail, entertainment, residences and offices will blend with expanses of natural green space and direct access to the Trinity Trails system.

4 TRINITY RIVER Ft. Worth 377 CULTURAL DISTRICT DOWNTOWN BRYANT IRVIN RD. CHISHOLM TRAIL PKWY. (TOLL) TEXAS CHRISTIAN UNIVERSITY 35W 20 HULEN ST. 20 N

5 AN IDEAL LOCATION Hulen Street. Bryant Irvin Road. I-20. I-30. Almost every major traffic artery in Fort Worth connects with Clearfork, while the new Chisholm Trail Parkway provides easy access not only from downtown but also from the growing suburban areas to the south.

6 WESTOVER HILLS RIVERCREST MUSEUM DISTRICT W. 7TH ST. DOWNTOWN FT. WORTH RIDGMAR MALL 30 CAMP BOWIE BLVD. UNIVERSITY DR RIDGLEA HILLS VICKERY ST. HULEN ST. CHISHOLM TRAIL PKWY. UNIVERSITY PARK VILLAGE COLONIAL GOLF & COUNTRY CLUB W. ROSEDALE ST. 35W BRYANT IRVIN RD. RIVERHILLS/ OVERTON WOODS ARBOR LAWN TEXAS CHRISTIAN UNIVERSITY BELLAIRE DR. BERRY ST. 183 FW COUNTRY DAY SCHOOL WESTCLIFF WEST 20 HULEN MALL MIRA VISTA CHISHOLM TRAIL PKWY. MEADOW CREEK 20 HULEN ST. CANDLERIDGE PARK 121 N

7 DESIRABLE DEMOGRAPHICS Fort Worth s phenomenal growth is occurring all around Clearfork with the Phase III expansion of Riverhills, its neighboring residential community in the immediate vicinity, and in the Museum District only minutes away. Clearfork will be a shopping, dining and entertainment destination surrounded by a distinguished cluster of affluent neighborhoods. 3 MILES Population 96,509 Daytime Population 119,851 Households 40,829 Average HH Income $77,840 HH Earning $75, % HH Earning $100, % 10 MILES Population 664,381 Daytime Population 747,253 Households 227,856 Average HH Income $64,291 HH Earning $75, % HH Earning $100, % 5 MILES Population 266,661 Daytime Population 370,076 Households 103,465 Average HH Income $68,285 HH Earning $75, % HH Earning $100, % TRADE AREA Population 1,159,289 Daytime Population 1,156,967 Households 401,971 Average HH Income $72,266 HH Earning $75, % HH Earning $100, % *Information accurate as of 5/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014).

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9 UNDENIABLE OPPORTUNITY Fort Worth s size, favorable business climate, sophistication and receptive, upscale population add up to a market primed for Clearfork. Neiman Marcus immediately recognized this historic opportunity and has made the decision to relocate from its well-performing site at Fort Worth s Ridgmar Mall to anchor Clearfork s retail component. The Shops at Clearfork will feature a carefully orchestrated mix of luxury retail, restaurants and entertainment from a blend of national, regional and local brands.e rs. PHASE I: The Shops at Clearfork 90,000-square-foot Neiman Marcus 380,000 square feet of luxury and specialty retail, restaurant and entertainment uses Office 125,000 square feet of Class A office space (over retail) Residential 392 luxury apartment homes (currently under construction by Street Lights Residential) Ultimate 270-Acre Build-Out 2M square feet of office 1.2M square feet of retail 2,500 multifamily units

10 Downtown Ft. Worth University Park Village Colonial Country Club S. HULEN ST. EDWARDS RANCH SR 121 / NEIMAN MARCUS 1 & 2 LEVEL RETAIL THEATER RESIDENTIAL CH ISH OL MT RA IL P KW Y.

11 Texas Christian University Trinity T rails Heart of the Ranch The Trailhead Future Cycling & Fitness Center RD. CL EA RF OR KM AI N ST. TRINITY RIVER N

12 MASTER PLAN

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14 PHASE I DEVELOPMENT

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16 THE SHOPS AT CLEARFORK PLAZA VIEW

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18 THE SHOPS AT CLEARFORK STREETSCAPE VIEW

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20 THE SHOPS AT CLEARFORK STREETSCAPE VIEW

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22 THE SHOPS AT CLEARFORK FEATURE RESTAURANT

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24 THE SHOPS AT CLEARFORK STREETSCAPE VIEW

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26 A CITY FOR GROWTH The city where the West begins has a business-friendly tax structure that also makes it a city beautifully situated for commerce and industry. Forbes ranks it among the best places for business and careers, with one of the fastest-growing metropolitan areas. DFW International Airport and an extensive transportation infrastructure put international trade within easy reach. It s also a wonderful place to live, with one of the best housing markets in the U.S. according to the Brookings Institution. Additionally, the city hosts 7.5 million visitors a year, making it one of the nation s premier travel destinations.

27 FORT WORTH WATER GARDENS

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29 Fort Worth is a vital part of the Dallas Fort Worth Metroplex, the fourth-largest metro area in the United States, growing by 100,000 residents every year. Fort Worth is the urban heart of Tarrant County, whose 30,000 new residents last year made it the county with the nation s eighth-largest numeric increase in population. The Dallas Fort Worth area ranks number two for most job growth in the U.S. for Forbes ranks Fort Worth as the 15th best city in America for job growth in Aviation, technology, energy, education and healthcare drive the Fort Worth economy. Major corporations in Fort Worth include Lockheed Martin, American Airlines Group, Bell Helicopter, Alcon Laboratories and Justin Industries.

30 The Cultural Capital of the Southwest, Fort Worth has one of the largest arts districts in the United States. Just three miles from Clearfork sits the world-famous Fort Worth Cultural District. The area includes the Fort Worth Botanic Garden, the Botanical Research Institute of Texas, the Fort Worth Zoo and five internationally recognized museums, each known for its unique collections and distinctive architecture. Kimbell Art Museum (Louis Kahn) Amon Carter Museum of American Art (Philip Johnson) Forth Worth Museum of Science and History (Legorreta + Legorreta) Modern Art Museum of Fort Worth (Tadao Ando) National Cowgirl Museum and Hall of Fame (David M. Schwarz)

31 MODERN ART MUSEUM OF FORT WORTH 3 MILES FROM CLEARFORK

32 THE START OF SOMETHING BIG Clearfork redefines the master-planned, mixed-use development with 270 acres of diverse residential options, miles of riverfront access and a carefully curated mix of retail, office, entertainment and green spaces. Phase I of the Residences at Clearfork opened in Summer Comprised of nearly 400 apartment and town homes, the luxury residences feature a multiterrace pool and grilling area, multiple courtyards for gathering, a fitness center and a rooftop lounge with downtown views.

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34 FUTURE RESIDENTIAL AT CLEARFORK FORT WORTH, TEXAS

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36 A TRUE COMMUNITY The Trailhead is ideally located on the riverfront of the Trinity Trails within Clearfork. It s a place to start and end your Trinity Trails experience. From running to cycling to fitness and other outdoor adventures, The Trailhead has something for all ages and fitness levels. The Trailhead Cycling and Fitness Center will build off The Trailhead s initial concept to become a premier destination for cycling, fitness and health enthusiasts of all levels, with a direct connection to the Trinity Trails system. The 11,000-square-foot facility will include numerous amenities and is scheduled to open Spring Heart of the Ranch is Clearfork s distinct home-grown event space that preserves the heritage and soul of Edwards Ranch. With views of the Trinity River and the downtown skyline, Heart of the Ranch provides an outdoor setting unlike any other in Fort Worth. Forest Park Medical Center is a private, 45-bed hospital with a full-service surgical center that brings the latest technology, highly regarded medical professionals and the highest-quality care to Clearfork. Opened in November 2014, the 80,000-square-foot building houses 12 operating rooms, 45 patient rooms and 12 VIP suites and employs approximately 300 people.

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38 A POWERFUL PARTNERSHIP Cultivating the legacy and the potential of Clearfork are two extraordinary organizations that promise to deliver an offering unlike anything Fort Worth has seen. At the core of their development philosophy, Cassco Development Co. has great respect for the land and its historical importance in Fort Worth. As the development arm of Edwards Ranch, Cassco will develop Clearfork with the same care and attention to detail that the Edwards family has provided for more than a century and a half. The company will spearhead the overall 270-acre, mixed-use development project. Simon, the nation s largest developer of retail real estate and a major international real estate leader, will provide unparalleled leasing and management expertise for the retail portion of Clearfork Phase I.

39 Leasing: Vicki Hanor (212) Greg Vlahos (817) Dennis Carafiol (317) Richey Neeson (817) Big Box & Theatre Development: Mark Becher (317) Restaurant Leasing: Jennifer Kaufman (317)

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