mcgill ranch...2 mcgill ranch the offering jll is excited to offer this unique development...

Simmi JaggiManaging Director

713 888 [email protected]

Samuel SlovacekSenior Associate


±856.24 Acres AvailableCypress, Texas

Elizabeth ClampittSenior Vice President


McGill Ranch

CALL FOR OFFERS: JUNE 14, 2019

2

McGill Ranch

The OfferingJLL is excited to offer this unique development opportunity in Cypress, Texas, totaling approximately 856 acres (the property). The property is in one of Houston’s largest suburbs, with a thriving economy, excellent public and private schools, plenty of local recreational, cultural and entertainment choices and a healthy new housing market.

This site presents an opportunity to develop a large scale, residential community akin to other nearby projects. The state- of- the- art improvements on the property include a high-tech greenhouse, an air-conditioned stable and horse arena.

Located in Cypress, Texas, along FM 529 just east of SH 99, this site will contain multiple points of ingress and egress leading to SH 99, I-10 and other major thoroughfares. From the expansion of the Grand Parkway to new business openings, the Cypress area is booming.

The size, location and natural beauty of the Property presents a rare opportunity for a developer to create a master planned community with unparalleled beauty, superior access, and unmatched green-space amenity potential.

McGill Ranch Provides• Superior access along FM 529 with easy access to SH 99

• Strong potential for a mix of development densities, including parcels for, retail, multifamily and single-family residential

• Minimal obstacles to development, with local government favoring a comprehensive development in the near-term

• Consistent year-over-year growth

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61010

SPRING

CYPRESS

KATYHOUSTON

JERSEY VILLAGEMcGill Ranch

GALLERIA

Drive Times4 minutes10 minutes

19 minutes

35 minutes

35 minutes

Grand Parkway

Katy

Energy Corridor

Downtown

Galleria

Bush Intercontinental

ENERGY CORRIDOR

BUSH INTERCONTINENTAL

DOWNTOWN

40 minutes

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McGill Ranch

A Thriving SuburbCypress is a fast-growing and thriving suburb of Northwest Houston and ranks 50th in the top 100 highest-income urban areas in the United States. Beginning in the 1980s, residential and commercial development transformed the area into one of Houston’s largest suburban communities.

With 120,603 residents and 15 constituent neighborhoods, Cypress has a high percentage of newly-built homes, on average, some of the newest in the nation.

Major industries in the area range from manufacturing to construction, energy, education, healthcare and professional services. The low cost of living and abundance of available land and office space are also big pluses. In the last few years, Cypress has been lauded as one of the best cities to start a new career (Daily Beast), a top city for recent college grads (Bloomberg Businessweek) and a leading U.S. manufacturing city (Manufacturers’ News). To encourage business expansion in the area, the Cy-Fair Chamber of Commerce offers an array of services. Moreover, Cypress residents can choose from a thriving job market throughout the Houston area.

Northwest Houston ranks as “Very Livable” with high marks for cost of living, weather and amenities. This site is in the heart of the booming residential development activity.

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Conceptual Plan

Tenant Acres Units

Single Family 401 47% 1,471

Mixed-Use 71 8% 2,310

Elem School 10 1%

Retail 59 7%

Open Space/parks/Detention 234 27%

Thoroughfares 36 4%

Easements 47 6%

TOTAL 858 100% 3,782

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Existing Improvements Providing both rural beauty and feel within an easy commute to Houston, McGill Ranch has both nature’s splendor and state-of-the-art improvements.

Air-conditioned stables with adjustable stalls are currently

configured to accommodate 11 horses. Space is available

for an additional 9 stalls

McGill Ranch features a 100’ by 200’ indoor air-conditioned riding ring. The temperature is regulated by 4 hvac units totaling 50 tons

The existing improved portion of the ranch includes three generously-sized luxury homes, stables, an indoor riding ring and a greenhouse

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There is a high-tech temperature and humidity regulated greenhouse located on the property. Installed by Texas A&M, the greenhouse features raised beds and

a roll up door for deliveries

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Population Summary

245,672| 5 Miles

12,677 | 1 Mile

90,459 | 3 Miles

Average Household Income

$103,377| 5 Miles

$80,125| 1 Mile

$91,870 | 3 Miles

Median Age

29.6 | 1 Mile

30.0 | 3 Miles

31.9 | 5 Miles

Demographics & Statistics The growing population is well-educated. Over 42% hold at minimum a bachelor’s degree with median household incomes of $92,752.

Over 86% of the workforce is employed in white-collar jobs - well above the national average.

More than 87% of the homes are owner-occupied.

This site is in one of the most affluent areas in Harris County; nearly 43% of the population has an annual income of over $100,000.

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EducationThe quality of public education and the availability of good schools add value to every community. Cypress-Fairbanks Independent School District (CFISD) serves the residents of Cypress.

Currently, there are 113,032 students enrolled on 86 campuses, including 53 elementary schools, 18 middle schools, 11 high schools and four special program facilities. Thirty-five of the campuses have been built since 2000.

CFISD is the third-largest district in Texas. It is the largest school district to have 100% of its campuses earn Met Standard honors in the 2014 Texas Education Agency accountability ratings.

Cy-Fair also offers students a choice of excellent parochial schools, including two K-12 and one K-8.

In addition to the many exceptional college and university campuses throughout the Houston area, Cypress residents can attend Lone Star College-CyFair campus.

The Property is just east of Cypress Park High School and close to Cypress Springs High School, Andre Elementary School, Copeland Middle School, Postma Elementary School, Hopper Middle School and multiple privately-run childcare centers.

Lone Star College Cy-Fair

Cy-Fair ISD Educational Support Center Cypress Park High School

https://jll.box.com/s/wq5psumcvv387r3fifl95b92myc3opaq

For surveys, floodplain and other information please visit:

±856.24 Acres AvailableCypress, Texas

CALL FOR OFFERS: JUNE 14, 2019

Simmi JaggiManaging Director


Samuel SlovacekSenior Associate


Elizabeth ClampittSenior Vice President


McGill Ranch

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. All marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

mcgill ranch...2 mcgill ranch the offering jll is excited to offer this unique development...

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