Kimball Park

The project site has exceptional access to all areas of DFW by way of SH-114 and access to superior area amenities with Southlake Town Square, Park Village, and The Shoppes at Southlake less than a mile away.  Additionally, the Dallas/Fort Worth International Airport is less than 10 minutes away (6.8 miles). SH-114 extends east to west and provides a 10 to 15-minute commute to Interstate 35E and 35W. State Highways 121 and 183, and LBJ Freeway (I-635).  The Westlake/Grapevine office submarket is centrally located allowing for convenient access to other important centers of commerce in both Dallas and Fort Worth.

Affluent Southlake Community – In 2008, Forbes.com named Southlake the most affluent neighborhood in the United States based on its median household income estimate of $216,393.  In 2009, Southlake’s zip code, 76092, was ranked as the richest zip code in the United States with a population between 10,000-25,000 people. It is surrounded by other high-income residential communities including the cities of Colleyville, Trophy Club, and Westlake.  In 2013, Westlake was ranked second on Forbes’ list of the nation’s most affluent neighborhoods.

Proximity to Southlake Town Square – District 114 at Kimball Park is less than one mile from Southlake Town Square, a highly successful, pedestrian-oriented, mixed use development that serves Southlake’s central business district with a blend of municipal buildings, first-class retail, restaurants, movie theatre, a Hilton Hotel and condominium residences.

Amenity Rich, Walkable Environment – District 114 at Kimball Park will offer walkable amenities in a park-like setting including multiple restaurants/retail spaces and a 175-room Cambria Hotel.

Exceptional Demographics – The population within 5 miles of the project site has expanded by 28% since 2000.  Nearly 110,000 people now reside within 5 miles of the Property, and more than 865,000 live within a 10-mile radius.  Further reflective of the neighborhood’s tremendous demographics, the 2013 estimated average household income in Southlake was $174,179, which is more than twice the Dallas/Fort Worth average.  Southlake’s median housing value of $643,334 is more than four times the metro area’s median value. Education attainment among Southlake’s residents far exceeds the DFW metro average (30.2%) as 64.7% of the population has attained a bachelor’s or advanced degree.  Area employers enjoy exceptional proximity to a well-educated and affluent workforce.

Excellent Regional Access – Southlake is primarily served by State Highways 114 and 121, supplying the community with exceptional regional accessibility to both Dallas and Fort Worth.  A major roadway expansion project known as the DFW Connector Project – designed to improve traffic around the north entrance of D/FW Airport – is now complete. Since its completion, the $1.1B project has dramatically improved traffic flow throughout the submarket.