the rossing at telfair - loopnet...property information disclaimer: information contained here in,...

www.RubiconRealty.com Brokerage I Management I Development

The Crossing At Telfair Inna Radford

Cell: 713.817.5030

Office: 281.313.0000 ext. 15

Email: [email protected]

Land For Sale

Highways 6 & 90, Sugar Land, TX 77479

Disclaimer: Information contained here in, while supplied by sources deemed reliable, is subject to errors and is not warrantied by Rubicon Realty Group or its agents. This information is subject to change without notice.

Aerial Map

Telfair Office Park (70 office condos) Construction Start: 03/2019

Fort Bend ISD Career and Technical Education Center (Estimated: 2,000 students/day)

Two Retail Centers (36,000 SF) Delivered 01/2019

-

Future

2-Story Building (Retail: 5,000 SF) (Office: 15,000 SF) Delivered 01/2019

Two Retail Pads (7,500 SF each) Under Development

Pediatric Dental Group


Site Plan

Open Open

Open

Open

Open Open

Tract H (2.529 AC)

Tract i-4 (3.594 AC)

Tract i-3

(1.564 AC)

Tract i-2 (1.292

Tract i-1 (2.248 AC)

LAND FOR SALE

Approved to construct a fully- signalized intersection in 2019.

(Currently right in/out)

SOLD

The roads are being installed now

Property Information


AVAILABLE LAND

1-14 Acres

PURCHASE PRICE

Negotiable

DETENTION

Not required

UTULITIES

To Site

USE RESTRICTIONS

Yes, please call for more information

ZONING

PD Ordinance 2076

PERMITTING THROUGH

City of Sugar Land

POA / HOA / DEVELOPMENT GUIDLINES

Telfair Commercial Association

LOCATION • 112– Acre Mixed– Use Development

• Retail . Office . Hotels

• Regional Location • Access from 6 major highways within a 7mi radius.

• 250 aircraft operations per day -Used by over 100 of Fortune 500 companies.

• Strong Local Economy

• Major corporate employment hub • Population Density: 228,726 (within a 5-mile radius)

• Over $100,000 in Average HH Incomes • Major Growth & Development Area

• Projected job growth through 2018: 18.4%

• Major Intersection (Source: 2017 Kalibrate Technologies) • 41,790 cars per day on State Highway 6

• 39,492 cars per day on Highway 90 A


2018 Demographics 1– MI 3–MI 5-MI

Total Population 7,118 83,069 228,726

Growth 2010-2018 65.30% 17.09% 15.07%

Growth 2018-2023 20.97% 17.48% 16.98%

Average Household Income $163,130 $135,591 $122,217

% Bachelor’s Degree 32.64% 30.32% 28.87%

% Advanced Degree 25.28% 21.42% 18.10%

Average Household Size 3.00 2.90 3.00

Demographics


Sugar Land Developments

Recent Developments: • Nalco Champion oil company finished construction of the additional facilities and now has over 1,000 employees in their Sugar Land headquar-

ters (right by The Crossing at Telfair) • Skeeters Constellation Field, a $36 million 7,500-seat stadium, keeps exceeding attendance expectations with approximately 487,684 visitors

in 2015 • The city of Sugar Land is in the process of annexing Greatwood and New Territory ETJs, in order to support and facilitate growth in the sur-

rounding areas.

2018-2019 Upcoming Development: • University of Houston College of Technology received a $54 million allocation to construct a new 150,000-sq.ft. classroom building, which is slated for completion in 2019 • Smart Financial Performing Arts Center, a 6,400-seat $84 million development, is now open and projects to have 100 shows per year. • Shlumberger Oil plans on consolidating its operations in Sugar Land and proposes to build more than 250,000 square feet of Class A office

space and a new 100,000-square-foot “amenities” building. • Fort Bend ISD Career and Technical Educational Facility, a $59 million project is now under construction and scheduled for August 2018 open-

ing. It is located on 65 Acres (right behind the Crossing at Telfair) and service approximately 2,000 students daily.

• Sugar Land Regional Airport, used by over 100 of Fortune 500 companies, received a $12 million dollar grant from TxDOT (believed to be the largest single grant allocated by TxDOT) to add another taxiway.

• Sugar Land Business Park Phase II, a new development across Hwy 90 from The Crossing at Telfair, has 121 Acres under development for a business park and 21 acres for a state training facility.

• All three highways (I-59, Hwy 90, and Grand Parkway 99) going through Sugar Land are being expanded to accommodate the increased traffic in the area. US I-59 has been renamed into I-69 Interstate and is being expanded all the way to Corpus Christy.

• Fluor Corporation purchased 50 acres at the southeast corner of Highway 59 and University Boulevard. Between 500,000 and 1 million square feet of office space is planned for the site. The company has entered an incentive agreement with the City of Sugar Land and has committed to $165MM of capital investment. More importantly, 2,000+ employees will remain in the city.

• Texas Instruments purchased 7.4 acres and is fully underway constructing its approximately 160,000-square-foot office building, with expan-sion plans for an additional 40,000 square feet. The company will be relocating approximately 400 employees, primarily engineers in their new product design group.

• ABM, a Fortune 500 company, is bringing 390 employees into their new 62,000 SF office in Sugar Land.

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the rossing at telfair - loopnet...property information disclaimer: information contained here in,...

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