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1618 Fort Worth Ave - 4.949 Acre West Dallas Development Site 4.94 Acres of Commercial Land in Dallas, TX 75208



INVESTMENT HIGHLIGHTS
- Prime infill location with outstanding access
- High traffic counts and excellent visibility
- Improving demographics
- Close proximity to Trinity Groves, Sylvan Thirty and other new developments
- Rapidly redeveloping neighborhood
- Abundant nearby economic drivers
EXECUTIVE SUMMARY
REDEVELOPMENT: The area is quickly redeveloping with over 3,600 new multifamily units in developments such as Alta Yorktown, Cypress at Trinity Groves and Alexan West, among others.
IMPROVING DEMOGRAPHICS: As older properties are either demolished to make way for new developments or significantly upgraded, there has been a rapid shift in the residents of West Dallas to higher income young professionals.
ABUNDANT NEARBY ECONOMIC DRIVERS: The Properties sit amongst a number of surrounding economic drivers including Downtown Dallas, Trinity Groves, Bishop Arts District, Methodist Dallas Medical Center, Uptown Dallas, Dallas Medical District, Trinity River Corridor Project, Dallas Design District, The Canyon in Oak Cliff, Sylvan Thirty and Coombs Creek Trail, among others.
PRIME INFILL LOCATION: These sites present exceptional development opportunities just minutes from Downtown Dallas and some of the largest redevelopments underway in the entire metro area.
OUTSTANDING ACCESS: Just south of Interstate-30, the Sites benefit from the vast infrastructure improvements happening in the area. The $117 million Margaret Hunt Hill Bridge connects Downtown Dallas to the new Trinity Groves area of West Dallas, providing exceptional access into Uptown and Downtown. The $115 million Margaret McDermott Bridge is under construction and will upgrade the current I-30 bridge over the Trinity River with 16 lanes and pedestrian/bike access connecting into the Katy Trail. DART has begun construction on a 2.6 mile street-car, Blue Line extension that will open late 2016 just minutes from the Sites and further fuel the significant growth in the area.
IMPROVING DEMOGRAPHICS: As older properties are either demolished to make way for new developments or significantly upgraded, there has been a rapid shift in the residents of West Dallas to higher income young professionals.
ABUNDANT NEARBY ECONOMIC DRIVERS: The Properties sit amongst a number of surrounding economic drivers including Downtown Dallas, Trinity Groves, Bishop Arts District, Methodist Dallas Medical Center, Uptown Dallas, Dallas Medical District, Trinity River Corridor Project, Dallas Design District, The Canyon in Oak Cliff, Sylvan Thirty and Coombs Creek Trail, among others.
PRIME INFILL LOCATION: These sites present exceptional development opportunities just minutes from Downtown Dallas and some of the largest redevelopments underway in the entire metro area.
OUTSTANDING ACCESS: Just south of Interstate-30, the Sites benefit from the vast infrastructure improvements happening in the area. The $117 million Margaret Hunt Hill Bridge connects Downtown Dallas to the new Trinity Groves area of West Dallas, providing exceptional access into Uptown and Downtown. The $115 million Margaret McDermott Bridge is under construction and will upgrade the current I-30 bridge over the Trinity River with 16 lanes and pedestrian/bike access connecting into the Katy Trail. DART has begun construction on a 2.6 mile street-car, Blue Line extension that will open late 2016 just minutes from the Sites and further fuel the significant growth in the area.
PROPERTY FACTS
| Sale Type | Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 4.94 AC |
| Zoning | CS - Commercial | ||
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 4.94 AC |
| Zoning | CS - Commercial |
1 LOT AVAILABLE
Lot
| Lot Size | 4.94 AC |
| Lot Size | 4.94 AC |
1 1
AMENITIES
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1618 Fort Worth Ave - 4.949 Acre West Dallas Development Site
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