allen economic development project flipbook

Allen Community Profile

We are creative and talented people.Ranked by Forbes as one of the top 25 best places to relocate in the country, Allen clearly has a lot to offer. It not only boasts a thriving, diversified business base and Class-A office developments but also offers quality housing and an active, family-centric environment with nationally recognized parks, recreation facilities, and an exemplary school district.

Allen offers:

• A convenient location 30 minutes north of Downtown Dallas and Dallas Love Field

• Excellent transportation with direct highway access to DFW International Airport

• Access to a highly-skilled and growing talent pool

• Central time zone

• A nationally ranked school district

• New office parks near mixed-use developments

Quick Facts

PopulationAllen is the 27th fastest growing city in the country

Allen: 94,179Collin County: 885,241

Workforce3.5 Million Within A 30 Minute DriveAllen gives your organization a competitive advantage with access to many highly skilled workers.

Existing Industries

Financial Services, Business and Professional Services, Electronics, Software, Telecommunications, and Data Centers.

Incentives

The Allen Economic Development Corporation (AEDC) gives Allen a unique advantage over other cities. As a type A public corporation, the AEDC receives dedicated revenue from a 0.5% sales tax to assist relocating and expanding businesses.

Demographics

Allen is home to young, highly educated, professional families. 52% of Allen resident’s have attained a bachelors degree or higher (twice the national average).Median Age: 35.4Median Household Income: $101,636Median Existing Home Price: $268,000Average New Home Price: $361,000

Accolades

Allen’s superior quality of life has helped it consistently earn national rankings as the best place to live.

• Top 25 Best Places To Relocate – Forbes• 13th Safest City In The Nation – CQ Press• Top 20 Best Places To Live In America – CNN Money Magazine• 4th Best Place To Find A Job In America – CNN Money Magazine• Top 10 Best Dallas Suburbs – D Magazine• 2nd Best City For Young Families – Apartment List

New Developments

US 75CorridorProjects

24-acre Master-planned office development with five Class A office buildings, retail and convention center/hotel.

• Five buildings ranging from 150-200,000 SF• 6-story, 150,000-SF building planned for construction• 100% covered garage parking at 4:1,000• Direct connectivity to retail, dining and entertainment at Watters Creek mixed-use

center• Additional land owned by Allen EDC

Ownership: Allen Economic DevelopmentDelivery: 2016 (Bldg. 1)Contact: Dan Bowman, Allen Economic Development972.727.0250 • [email protected]

Watters Creek Office Park800,000-SF Class A office parkadjacent to Watters Creek

The $85 million facility will rank among DFW’s largest convention centers. Visitors can walk to shops, dining and entertainment at Watters Creek at Montgomery Farm.

• 290-room full-service, 5-story hotel (4 Star)• 60,000-SF convention center space• 40,000-SF exhibition center• 12,000-SF ballroom• 8,000-SF meeting space• Structured parking for 1,000 cars• Flexibility to book wide range of event types and sizes

The Convention Center at Watters Creek60,000-SF convention center with four star hotel

Developer: TCH Altera PartnersDelivery: Q1 2017Contact: Mike Kennedy972.814.4568 • [email protected]

Event Booking: City of Allen CVBContact: Karen [email protected]

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Phase I under construction with a 102,000-SF, 3-story Class-A office building and 77,000 SF of available spec space.

• Four buildings• Retail, fitness center, and conference rooms• KONE Elevators lead tenant• $25.50 + E rental rate• Remaining 11.5-acres owned by the AEDC and available for development

Developer: Sentinel CapitalDelivery: Q1 2016Contact: Ben Appleby, Paladin Partners972.354.8050 • [email protected]

AllenPlace468,000-SF Class-A office park

Three new high quality office/flex buildings with maximum flexibility to provide percentages of office versus warehouse space as required. Multiple grade level doors with one dock high loading dock for the complex.

• Three buildings (36,000 SF; 24,000 SF; 30,000 SF)• 3:1,000 parking• 18’ clear height• New energy efficient construction• Customized tenant interiors and finish-out packages

The Tech Center on Greenville90,000-SF office/flex development

Developer: JaRyCo DevelopmentDelivery: Q1 2016Contact: Bruce Heller214.495.8581 • [email protected]

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Developments

1 The Convention Center at Watters Creek

2 Watters Creek Office Park

3 AllenPlace

4 The Tech Center on Greenville

Amenities

1 Watters Creek at Montgomery Farm

2 The Courses at Watters Creek

3 Watters Branch Trails

4 Connemara Conservancy

Land

1 12 acres

2 16 acres

3 5 acres

4 7 acres

5 11 acres

6 6 acres

7 7 acres

8 15 acres

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SH 121Sam Rayburn Projects

KDC is the development partner on this mixed-use master-planned business park with phenomenal site profile on SH 121 and ingress/egress from Alma Drive and Ridgeview Drive.

• Up to 1 million SF of office, restaurants, retail and multi-family • Low-rise to mid-rise campus options• Work, live, shop and dine in a mixed-use environment• Parking as required

Developer: KDCDelivery: Mid-2017Contact: Bill Guthrey214.696.7820 • [email protected]

KDC Allen100-acre, mixed-use master-plannedbusiness park

The first phase of this planned development is a 6-story, 150,000-SF Class- A office building. Additional land is available for build-to-suit opportunities.

• 3 buildings, 650,000 SF total• 23,000-SF average floor plate• Outstanding signage on SH 121• 6:1,000 parking with additional parking nearby• Close proximity to restaurants, health club, childcare and retail

Ridgeview Business Center25-acre master-planned Class-A office development

Developer: TIG Real Estate Services Inc.Delivery: Summer 2016Contact: Brad McJunkin972.663.3732 • [email protected]

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Developments

1 KDC Allen

2 Ridgeview Business Center

3 Allen Premium Outlets Expansion

Land

1 60 acres

2 100 acres

3 127 acres

4 140 acres

6 14 acres

7 17 acres

8 20 acres

9 74 acres

5 108 acres 10 31 acres

11 238 acres

12 94 acres

13 89 acres

14 35 acres

15 80 acres

Amenities

1 Watters Branch Park

2 StarCreek

3 Cottonwood Creek Trails

4 Allen Premium Outlets

5 The Village at Allen

6 Allen Event Center

7 TopGolf

8 The Village at FairviewSH 1

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Sam Rayburn Tollway (SH-121)

allen economic development project flipbook

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