The Biggest Cities in America

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1 Terrell 1132 LLC 1,100 ACRES I-20 Corridor Terrell - Texas Mix Use & Residential Masterplan Development

2 Terrell 1132 LLC 1,100 ACRES I-20 Corridor Terrell - Texas Residential Mix Use Development

3 1,100 ACRES - Proposed Outer Loop Alignment FUTURE

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5 DALLAS/FT. WORTH MARKET The Dallas Fort Worth metropolitan area is generally known as DFW. In 2012, the region reported 6.5 million residents, making it the largest metropolitan area in Texas, fourth largest in the U.S. and larger than 33 states. From the DFW region experienced a population increase of 24.1% compared to the United States growth rate of 7%. DFW outpaced the nations fourth largest metropolitan areas in both absolute growth and percentage change. Of the five largest metros, DFW is the only region to consistently experience double digit growth. The City of Dallas covers approximately 343 square miles and with a population of 1,299,542 it is the ninth largest city in the United States. What originally began as problems in the housing, credit, and financial markets turned into a national recession in which the U.S. is currently recovering from. With the sluggish economic outlook, companies are expected to be cautious in their spending and hiring. Although the Dallas-Fort Worth economy is not as robust as in previous years, it continues to outperform the nation. According to the Texas Workforce Commission, non-farm job creation in the Dallas/Fort Worth Metroplex has grown by more than 52,600 over the past twelve months. Unlike DFW, many parts of the nation are currently experiencing a significant decline in jobs. The total civilian labor force estimates for the Dallas/Fort Worth Metroplex is approximately 3,318,800 persons. The growth in corporations is the main cause of optimism in the Metroplex. According to Forbes Magazine, recent business growth in Texas is due to cheap land, weaker unions, no state income tax, and the ease of receiving tax breaks. However, the state s cost of doing business is just below the national average, due to higher local electric bills. The area benefits from its centralized location and with rising energy costs, the transportation of goods and products will come from primarily the heartland (center) of the nation. Also, growth in the healthcare and energy sectors should continue. The true source of business growth lies within the sustained population growth, which has averaged 180,000 residents each year since the year 2000 due to migration and higher birth rates. Local businesses are finding that they can cut costs significantly due to the state s central location as well. Newer companies lead to tech startups, service companies, and medical centers. More college graduates are moving to North Texas due to the stronger local economy and additional opportunities for employment. In 2012, Fortune magazine named 20 companies from the DFW metro area and these included Exxon-Mobil, JCPenney, Texas Instruments, and TXU Energy as Fortune 500 companies. The Metroplex is ranked fifth among metropolitan areas for Fortune 500 companies. Texas recently passed New York s 55 Fortune 500 companies with 58, having the most in the nation. Texas remains number one on the Fortune 1,000 list with 113 companies, with 103 in California, and 93 in New York. Forbes predicts that the state of Texas will add approximately two million more residents over the next five years.

6 Population, Employment, Household Forecast, Recent projections from the North Central Texas Council of Governments (COG) confirm this optimistic scenario. Between now and 2035, the Metroplex population is projected to expand by 48%. Dallas County will grow at a slower pace while Kaufman County grow almost twice the regional rate. The continued growth in households will continue to fuel the demand for new single and multi-family housing across the region. Employment growth is also projected to remain strong, though the suburban counties will likely capture much of the increase. Looking out even further, the COG expects the DFW region to boast 9.8 million residents and 6.2 million jobs by the year Population Forecasts for Region 2012 Population Forecast 2035 Change % Change DFW 6,651,887 9,833,378 3,181,489 48% Dallas County 2,444,148 3,125, ,134 28% Kaufman County 111, ,509 82,242 74% City of Terrell 15,160 N/A N/A N/A Source: North Central Texas Council of Governments

7 Gateway Bridge (HUNT) FUTURE MALL FUTURE Project Location Property Features: Size: 1, City: Zoning: Terrell, Texas Mix Use and Single Family Residential. For more information please contact: Craig Curry Managing Partner L. Clint Richardson VP of Development MUD: Water: Sewer: Property is located within a legislatively approved Municipal Utility District (MUD) which allows for infrastructure reimbursements through the sale of bonds in excess of $86,300,000. Property within Rose Hill SSD. Handled by M.U.D. s. Greater Texas Land Resources Research Road Frisco, Texas Office: