TOD in North Texas Making the Market and Meeting the Market

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1 TOD in North Texas Making the Market and Meeting the Market NTX TOD Local Product Council What s NEW, What s NEXT!

2 TOD Inventory / Market Study: Provide analysis of current TOD Balance perception and reality Determine formulas for success Determine path and tools for success of future TOD projects

3 TOD Research Data Key Data Points: Station Information Location. Parking. Ridership Entitlements Station Area Plan. Transit Supportive Zoning. TIF/PID Data Sources: DART/DCTA/FWTA Municipalities Ridership/ Parking Zoning / Land Use / Initiatives Land Availability Unimproved Parcels. Parcel Size (1/2 mile) Demographics Employees. Household Income (1/2 mile) Existing and Proposed Inventory Office. Retail. Multifamily NCTCOG Employment / Parcels / Income CoStar Existing / Proposed Inventory / Rental Rates / Occupancy / Construction Rental Rates & Occupancy Office. Retail. Multifamily

4 23-Feb-18 Urban Land Institute TOD Council TOD Market Potential Inventory Station Name Parking Provided/ Planned Station Area Plan Transit Supportive Zoning TIF or PID District Office Inventory (1/2 mile radius Office Under Construction Office Proposed Office Rental Rates (1/2 mile radius) Office Rental Rates Product Office Occupany Levels (1/2 mile radius) Retail Inventory (1/2 mile radius) Retail Under Construction Retail Proposed Retail Rental Rates (1/2 mile radius) Retail Rental Rates Product Retail Occupancy (1/2 mile radius) Multifamily Inventory Units: 1/2 mile radius) Multifamily Units Under Construction Multifamily Proposed Multifamily Rental Rates ($/SF/Month: 1/2 mile radius) Multifamily Rental Rates Product Multifamily Occupancy (1/2 mile radius Regional Destination Tier Rank Tier 1 DART Red/Orange Downtown Plano Plano x x x 4, , $45,398 Yes 411, $ NA 87% 614,056 12, $ Not Available 97% 1, * 1.23 $ 1.45 $ 95% Downtown Residential units and 70K SF commercial completed. 61 urban single-family under construction and 789 multifamily approved DART Red/Orange, DART CB CityLine/Bush Richardson 1,408 1,193 x x x 13, , $75,888 Yes 2,904, ,000, $ $ 84% 416, Not Available Not Available 100% 1,994 1, $ 1.65 $ 71% 1 Entitlements complete. CityLine development in progress. Spring Creek Nature Area south of station doubled in size in DART Red/Orange Galatyn Park Richardson x x 14, , $111,604 Yes 4,901, $ NA 73% 10, Not Available Not Available 100% 1, $ 1.56 $ 61% ac. Galatyn Park Urban Center primarily built out. Spring Creek Nature Area north of station doubled in size in DART Red/Orange Mockingbird Dallas 3, x x 7, , $92,059 Yes 1,278, $ NA 86% 564, $ Not Available 96% 1, $ 1.65 $ 88% SMU 1 COD Mockingbird/Lovers TIF. Partially built out. Additional parcels to north DART Red/Orange CityPlace Dallas 2,244 0 x x x 9, , $75,957 Yes 2,868, $ $ 87% 801, , $ Not Available 100% 6, $ 1.98 $ 91% 1 COD CityPlace TIP. Cityplace mixed use redevleopmemnt planned. 16 acres north proposed for redevelopment DART Red/Org/Blue/Green Pearl Street Dallas 5,973 0 x 46, , $77,402 Yes 22,062, , , $ $ 73% 1,030, $ Not Available 93% 5,277 1, $ 1.70 $ 91% Downtown 1 CBD. Potential development site at Crozier Tech (under development) DART Red/Org/Blue/Green St. Paul Dallas 5,599 0 x 62, , $76,221 Yes 28,162, , , $ $ 76% 1,049, $ Not Available 92% 5,170 1, $ 1.70 $ 89% Downtown 1 CBD. Built out with redevelopment potential DART Red/Org/Blue/Green Akard Dallas 5,847 0 x 96, , $82,962 Yes 30,962, , $ $ 76% 1,222, $ Not Available 98% 5,169 1, $ 1.66 $ 88% Downtown 1 CBD. Built out with redevelopment potential Elm and /DART Headquarters Redevelopment DART Red/Org/Blue/Green West End Dallas 12,564 0 x 60, , $80,336 Yes 20,087, , , $ $ 78% 1,070, $ Not Available 96% 4, $ 1.90 $ 83% Downtown 1 CBD. Development sites available in West End area DART Red/Blue Cedars Dallas x x 2, , $67,626 Yes 445, , $ NA 99% 239, $ Not Available 99% 1, $ 1.28 $ 83% 1 City of Dallas Cedars TIF District. Potential infill development DART Red (S) Tyler Vernon Dallas , $47,337 No 129, Not Available NA 65% 12, Not Available Not Available 81% Not Available NA 90% 1 Primarily residential. Tyler Station development underway (Redeveloment of Dixico) - Required extra effort DART Blue (S) VA Dallas x 4, , $26,213 No 4, Not Available NA 100% 84, $ NA 62% $ 1.01 $ 94% 1 City of Dallas TOD TIF District (Lancaster Corridor Sub-District). Multifamily project initiated DART Blue (N) Downtown Rowlett Rowlett 1, x x 2, , $70,852 Yes 133, $ $ 93% 714, , $ Not Available 95% $ 1.56 $ 73% Downtown 1 First multifamily development complete. Large redevelopment parcels available DART Blue (N) Downtown Garland Garland 1, x x x 2, , $41,085 Yes 307, $ NA 100% 386, $ Not Available 99% $ 1.31 $ 98% Downtown 1 CityCenter - Phase II of Fifth Street Crossing completed includes 158 rental units. City Hall project includes residential and office. DART Blue (N) Lake Highlands Dallas x x x , $92,041 Yes 64, Not Available NA 100% 140, Not Available Not Available 94% $ 1.75 $ 95% 1 Phase 1 of LHTC underway. Total of 1700 units, 300K retail and 50K office planned. Infrastructure in Place. Land available. DART Green (N) / DART CB Downtown Carrollton Carrollton x x x 2, $48,152 Yes 182, $ $ 97% 237, , $ NA 99% $ 1.64 $ 96% Downtown 1 72 acres master plan complete. 1 City led PPP (Ph1 and 2 complete, Ph3 under construction). DART Green (N) Farmers Branch F. Branch x x x 3, , $47,614 Yes 189, $ NA 91% 110, $ Not Available 90% $ 1.52 $ 93% 1 Mustang Crossing Phase 1 complete. Potential fro shared parking at DART lot DART Green (N) SW Medical District / Parkland Dallas 2,571 0 x x x 34, , $47,283 Yes 563, $ $ 96% 246, ,000 Not Available Not Available 100% 2, $ 1.51 $ 94% Med Ctr. 1 Adjacent to Cityville Multifamily Development and Parkland Hospital DART Green (N) / Org / TRE Victory Dallas 1,810 0 x x x 16, , $89,037 Yes 3,930, , , $ $ 89% 539,514 85, $ Not Available 89% 6, $ 2.24 $ 73% 1 COD Sports Arena TIF. Part of Victory development (potential development of AAC parking DART Green (S) Deep Ellum Dallas x x x 14, , $69,456 Yes 7,098, , , $ $ 83% 986, $ NA 87% 4, $ 1.87 $ 91% 1 Deep Ellum TIF District. Potentail D2 impact DART Green (S) Baylor Dallas x x x 19, , $54,576 Yes 3,301, , $ $ 95% 974, $ Not Available 92% 2,361 1, $ 2.47 $ 82% Med Ctr unit multifamily adjacent to station. Baylor Hospital area redevelopment potential DART Orange Las Colinas Urban Center Irving x x x 19, , $75,219 Yes 3,630, $ NA 88% 6,000 39,885 0 Not Available NA 100% 5,224 1, $ 1.77 $ 84% 1 Las Colinas Urban Center. Current TOD Development DART Orange Irving Convention Center Irving x x x 1, , $75,460 Yes 2,298, , $ NA 89% 265, ,000 Not Available Not Available 100% 2, $ 1.67 $ 90% 1 Las Colinas Urban Center. Current TOD Development. Hotel/ Music Factory development TRE/TexRail (2018) T&P Station Fort Worth x x 18, , $28,974 Yes 3,111, $ NA 94% 395, $ Not Available 96% , $ 1.69 $ 89% 1 Vickery & Main TOD development proposed. Pinnacle Bank mixed-use completed. Two additional mixed-use projects proposed. TRE/TexRail (2018) Intermodal Transportation Center Fort Worth 1, x x x 29, , $43,868 Yes 9,629, , $ $ 88% 738, $ Not Available 95% 1, $ 1.63 $ 95% Downtown 1 Downtown Fort Worth location with numerous vacant or underutilized parcels. Part of downtown Strategic Plan. TexRail (2018) Grapevine Main Street Grapevine NA 149 4, $58,303 No 461, $ $ 95% 338, $ $ 97% $ 1.71 $ 84% 1 Boutique hotel, parking garage, plaza and observation deck DART CB (2022) Addison Circle Addison 1,000 0 x x x 17, Yes 3,318, $ $ 86% 534, Not Available Not Available 90% 2, $ 1.60 $ 94% 1 Location of Addison Town Center mixed use development. Shared parking with Transit Center DART CB (2022) UT Dallas Richardson x x 5, Yes 1,146, , $ $ 89% Not Applicable Not Applicable Not Applicable $ 1.43 $ 89% UTD 1 SAP completed; zoning entitlement completed. UTD Northside mixed-use development: Phase 1 built; Phase 2 under construction. DART D2 Museum Way Dallas 0 x Yes 14,848,896 1,014, , $ $ 79% 412,786 85, $ $ 93% 5, $ 2.11 $ 79% Victory 1 DART D2 Metro Center Dallas 0 x Yes 26,539, ,315 60, $ $ 75% 1,111, $ $ 86% 5,382 1, $ 1.75 $ 89% DART D2 Commerce Dallas 0 x Yes 25,422,269 60, $ Not Available 76% 1,064, $ Not Available 98% 5,328 1, $ 1.66 $ 87% DART D2 CBD East Dallas 0 x Yes 21,174, , , $ $ 77% 1,228, $ Not Available 92% 7,147 1, $ 1.71 $ 90% Texas Cental Railway (TCR) Dallas (TBD) Dallas NA NA x x x 1, , , $ NA 99% 239, $ Not Available 99% 1, $ 1.28 $ 83% Dallas 1 Station Area Plan being developed by City of Dallas in conjunction with Texas Central Railway Tier 2 DART Red/Orange Parker Road Plano 3,337 2,078 x x 5, , $48,435 No 642, $ NA 88% 1,613, $ Not Available 97% $ NA 93% 2 Joint Development of DART parking critical to catalyst project, High parking demand a negative DART Red/Orange Arapaho Center Richardson 1,165 1,100 x x 7, , $57,698 Yes 1,314, , $ NA 93% 342, , $ Not Available 99% $ 1.55 $ 95% 2 SAP - includes proposed TOD at Bus Transfer Center parking; about to launch new SAP initiative in near-term. DART Red/Orange Spring Valley Richardson 1, x x x 10, , $50,579 Yes 1,206, $ NA 95% 317, , $ Not Available 93% $ 1.38 $ 94% 2 Brick Row mixed-use development east of station. Zoning for area west of station updated fall Need land assembly on west side DART Red/Orange LBJ Central (TI) Dallas 1, , ,674 3,893 $31,605 No 590, $ NA 53% 42, Not Available NA 100% 1, $ 1.61 $ 94% 2 Strong employment base w/ shuttles to TI DART Red/Orange Forest Lane Dallas 1, , , $50,921 No 351, $ $ 82% 301, Not Available Not Available 100% $ 1.54 $ 88% 2 Strong employment base w/ shuttles to TI. Somewhat landlocked. DART Red/Orange Walnut Hill Dallas 1, , , $53,158 Yes 3,359, , $ $37.50 for Proposd 86% 644, Not Available Not Available 95% 1, $ 1.77 $ 86% Med Ctr. 2 Strong employment base w/ Presbyterian Hospital. Part of Vickery Meadows master plan DART Red/Orange Park Lane Dallas 2, x 7, , $33,180 Yes 2,417, , $ $ 93% 3,420, $ Not Available 97% 2, $ 1.91 $ 90% 2 Park Lane Place (2.4M SF) under development. Part of Vickery Meadows TOD Plan. Power line easement restrict development. DART Red/Orange Lovers Lane Dallas 1,282 0 x 9, , $117,855 Yes 1,418, , $ NA 84% 704, $ Not Available 98% 1, $ 1.66 $ 93% 2 COD Mockingbird/Lovers TIF. Requires redevelopment of Office Depot / retail center DART Red/Blue/TRE Union Station Dallas 1,950 0 x 40, , $70,885 Yes 8,181, , $ $ 76% 286, $ Not Available 96% $ 1.63 $ 88% 2 Potential for Air Rights development over ROW and expansion of Union Station DART Red/Blue Convention Center Dallas x 12, ,077 5,586 $72,893 No 4,144, $ NA 97% 192, $ Not Available 98% $ 1.67 $ 79% Conv. Ctr 2 CBD. Potential infill development near Omni Hotel at surface parking lots DART Red Dallas Zoo Dallas x 1, ,139 2,831 $29,244 No 37, $ NA 91% 121, $ Not Available 100% $ NA 92% 2 Large tracts offer development potential. Future deck park could drive potential DART Red Westmoreland Dallas 2, x 1, ,307 3,934 $36,434 No 20, Not Available NA 100% 353, $ Not Available 100% $ NA 96% 2 Westmoreland DART Station Area Plan. Potential comm. / industrial infill & development of DART parking. DART has residual property DART Blue (S) Kiest Dallas 1,042 0 x ,988 4,011 $24,611 No 6, $ NA 77% 488, $ $ 97% $ Not Available 92% 2 City of Dallas TOD TIF District (Lancaster Corridor Sub-District). Potential retail/multifamily redevelopment DART Blue (S) Ledbetter Dallas 2, x ,728 3,587 $30,570 No 2, Not Available NA 100% 128, Not Available Not Available 100% $ NA 92% 2 City of Dallas TOD TIF District (Lancaster Corridor Sub-District). Potential retail/multifamily redevelopment DART Blue (S) Camp Wisdom Dallas x x ,182 2,629 $33,197 No Not Applicable NA Not Applicable NA NA NA $ 0.64 $ 97% 2 COD UNT Station Area Plan Completed. Multiple parcels available - COD owned property DART Blue (S) UNT Dallas x x ,179 2,926 $36,190 No Not Applicable NA Not Applicable NA NA NA NA NA Not Applicable UNT 2 COD UNT Station Area Plan Completed. Lancaster Campus Distinct Plan Complete. Parcels available to south. DART Blue (N) Forest Jupiter Garland x x x 1, ,960 4,374 $29,213 No 144, Not Available NA 100% 179, Not Available Not Available 100% $ NA 97% 2 Planned Development (PD) set in place by the City with a basis of TOD. DART Blue (N) LBJ/Skillman Dallas 1, x x x 6, ,891 8,497 $41,836 No 90, $ NA 98% 533, $ NA 90% 2, $ NA 92% 2 DART owned property available DART Blue (N) White Rock Dallas x ,435 3,653 $92,526 Yes Not Applicable NA Not Applicable 5, Not Available NA 100% $ 2.24 $ 84% 2 Multifamily project proposed immediately north of station DART Green (N) Frankford Carrollton 1, x 1, ,423 1,300 $48,525 No 9, $ NA 43% 210, $ NA 94% $ 1.32 $ 98% 2 Primarily industrial with some retail. 1 Multi-Family project complete with 1 additional in the planning process. Poor accesibility/visibility. DART Green (N) / DCTA Trinity Mills Carrollton 1, x x x 3, No 64, $ NA 70% 87, Not Available NA 95% NA NA NA 2 RFP for Master Developer currently underway. TxDOT improved access with Dickerson Parkway. DART Green (N) Bachman Dallas 2, x ,215 5,300 $34,890 Yes 186, $ NA 68% 368, , $ Not Available 97% 1, $ NA 97% 2 Potential redevelopment of existing multifamily DART Green (N) Burbank Dallas , ,564 1,646 $19,655 Yes 1,310, , $ NA 83% 83, Not Available NA 98% NA NA NA 2 Industrial properties to south provide redevelopment potential. SW Airlines property adjacency DART Green (N) Inwood / Love Field Dallas 1, x x 3, ,067 6,489 $46,734 Yes 304, $ NA 100% 337, , $ NA 84% 4, $ 1.61 $ 92% Love Field 2 Potential industrial property redevelopment. New multifamily proposed adjacent to station DART Green (N) Market Center Dallas x x x 6, ,269 5,790 $51,769 Yes 2,085,655 31, $ $ 91% 5,128, $ Not Available 99% $ 1.70 $ 94% 2 Somewhat land locked. Market Center redevelopment opportunity DART Green (S) Fair Park Dallas 1,089 0 x x x 2, ,845 4,372 $35,928 No 362, $ Not Available 97% 394, $ $ 97% $ NA 98% Fair Park 2 Potential infill and redevelopment in Deep Ellum west of station DART Green (S) MLK Dallas 1, x x x 1, ,039 2,619 $24,662 No 76, Not Available Not Available 100% 256, $ $ 97% $ NA 84% Fair Park 2 Small infill / multifamily potential of existing residential lots possible DART Green (S) Hatcher Dallas x ,733 3,451 $21,445 No 4, Not Available Not Applicable 100% 195, $ NA 80% $ NA 99% 2 Potential redevelopment across Scyene (Parkland Clinic). Landlocked to south w/o displacements DART Green (S) Lawnview Dallas x ,027 2,065 $42,435 No NA NA Not Applicable NA NA Not Applicable NA NA NA 2 Large adjacent parcels. Limited by flood plain & existing uses. DART owns 80 acres - in flood plain DART Green (S) Lake June Dallas ,600 2,921 $36,859 No NA NA Not Applicable 88, Not Available NA 100% $ NA 95% 2 Large adjacent parcels DART Green (S) Buckner Dallas 1, x 1, ,769 4,755 $34,608 No 1, Not Available NA 100% 221, Not Available NA 100% $ NA 90% 2 Potential industrial property redevelopment DART Orange University of Dallas Station Irving x x x ,847 1,446 $29,869 No 0 0 NA NA Not Applicable 2, Not Available NA 100% NA NA NA Univ Dallas 2 95 SFD houses part of larger "PUD 6": 452 acres of buildable land, 9,200 residential units, and 12.7 M sq. ft. of employment space DART Orange North Lake College Irving x x x 2, ,080 4,429 $70,491 Yes 428, ,434, $ $32.50 for Proposed 99% 47, ,000 Not Available NA 100% 1, $ NA 94% 2 TOD Zoning and large parcels available DART Orange Belt Line Station Irving x 3, $16,812 Yes 876,616 96,000 60, $ $ 83% NA NA Not Applicable NA NA NA 2 Part of a 23-acre mixed-use development featuring office, retail, and green space. DFW Airport property DART Orange (2020) Carpenter Ranch/Verizon Station Irving NA NA x x x Yes 1,648,590 1,125,000 1,434,000 Not Available $32.50 for Proposed 100% 93, ,000 Not Available Not Available 100% 1, $ NA 93% 2 Ultimate build out to include 3 M sq. ft. of office and retail, plus 1200 multifamily units and an Orange Line station. TRE Centreport Fort Worth 1,043 1,001 5, ,177 6,674 $46,245 No 554, $ NA 96% 25, $ NA 88% 2, $ 1.52 $ 92% DFW Airport 2 New American Airlines HQ under construction with connecting trail. New multifamily development nearby. TRE Heritage Crossing TRE Station Irving x x x 3, ,229 4,995 $39,634 No 146, $ NA 98% 548, Not Available Not Available 99% $ NA 95% 2 Redevelopment of existing downtown area DCTA Downtown Denton Transit Center Denton x 9,036 2,494 $32,385 Yes 354, $ $ 85% 505, $ $ 95% $ 1.40 $ 95% Downtown 2 DCTA Parking Lot available. Adjacent underutilized parcels. DCTA MedPark Denton x 2, ,731 6,140 $50,955 Yes 307, , $ Not Available 91% 32, Not Available Not Available 100% $ NA 92% 2 Potential for redevelopment of current parking facilities DCTA Highland Village / Lake Lewisville Lewisville x x ,716 2,476 $98,714 Yes 12, Not Available NA 100% 13, Not Available NA 100% Not Available NA 94% 2 Lewisville Lake TOD in progress; new development under construction DCTA Old Town Lewisville x x 2, ,100 2,314 $43,754 Yes 76, $ $ 99% 241, Not Available Not Available 100% Not Available NA 100% 2 Active TOD projects in progress DCTA Hebron Lewisville x x x ,102 4,294 $55,721 Yes 36, $ NA 100% 141, $ $ 92% 2, $ 1.47 $ 93% 2 Huffines Developers have been expanding and approaching their final phases of construction on their multifamily development TexRail (2018) Stockyards (Northside) Fort Worth ,006 2,277 $35,762 No 15, Not Available Not Applicable 100% 237, Not Available Not Applicable 100% Not Applicable Not Applicable Not Applicable 2 TIF and Neighborhood Empowerment Zone in place. Funding proposal submitted to NCTCOG for Station development plan and FBC. TexRail (2018) Beach (Mercantile Center) Fort Worth x 1, ,787 $48,235 No Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable 2 Primarily light industrial. Station plan available at: TexRail (2018) / CB (2022) DFW Airport North Grapevine NA 208 x x ,177 $31,691 No Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Airport 2 DFW Airport property located in City of Grapevine. DFW to develop master plan DART CB (2022) Cypress Waters Dallas Yes 208, $ Not Applicable 98% 50, , $ $ 77% Not Applicable Not Applicable Not Applicable 2 Cypress Water master plan includes station area DART CB (2022) 12th Street Plano x x 4, Yes 277, $ Not Applicable 94% 661,021 12, $ Not Available 95% $ 1.44 $ 95% Downtown 2 Future TOD site defined by City Tier 3 TRE Hurst Bell Grapevine , ,063 1,066 $74,980 No 230, Not Available Not Available 100% 7, Not Available NA 100% NA NA NA 3 Primarily industrial land uses. Bell expanding in the area. DART Red/Blue 8th & Corinth Dallas 1, x ,543 1,723 $19,904 No NA NA Not Applicable 35, Not Available NA 100% $ 0.97 $ 95% 3 Long term opportunity to expand upon riverfront development plans DART Red Hampton Dallas ,924 4,238 $41,443 No 36, $ NA 100% 175, $ Not Available 97% NA NA NA 3 Primarily residential / school. Potential for small business redevelopment in south station area DART Blue (S) Morrell Dallas ,555 2,595 $20,935 No NA NA Not Applicable 31, $ NA 95% $ 0.97 $ 97% 3 Primarily residential. Potential for small business infill DART Blue (S) Illinois Dallas 1, ,754 3,002 $26,334 No 10, Not Available NA 100% 108, Not Available Not Available 87% NA NA 93% 3 Primarily residential. Potential for small business infill DART Green (N) Royal Lane Dallas , ,621 2,976 $45,340 No 72, Not Available NA 100% 1,601, $ Not Available 98% NA 98% 3 Potential redevelopment of existing industrial/retail DART Green (N) Walnut Hill / Denton Dallas , ,905 2,957 $49,709 No 189, NA 75% 454, $ Not Available 94% NA NA NA 3 Potential redevelopment of existing industrial/retail TRE Richland Hills Richland Hills , No 68, Not Available NA 100% 3, Not Available NA 100% NA NA NA 3 Primarily industrial land uses TRE West Irving Irving No 7, Not Available NA 100% 13, Not Available NA 100% NA 100% 3 Adjacent to vacant/underutilized land. Poor accessibility/visibility TRE Medical / Market Center Dallas x x 37, ,976 4,246 $49,265 Yes 1,137, $ Not Available 99% 218, $ Not Available 98% NA NA NA Med Ctr. 3 Limited land availability and access TexRail (2018) Ironhorse NRH N. Richland Hills NA 386 x x 1, ,670 $57,125 No 224, Not Available Not Available 100% 525, Not Available Not Applicable 100% $ Not Applicable 95% 3 TexRail (2018) Smithfield NRH N. Richland Hills NA 580 1, ,704 $68,046 No 95, $ $ 88% 166, Not Available 92% Not Applicable Not Applicable Not Applicable 3 DART CB (2022) Knoll Trail Dallas , Yes 3,859, $ $ 86% 645, Not Available Not Available 98% 4, $ % 3 Limited development potential due to existing land use DART CB (2022) Preston Road Dallas , No 60, $ Not Available 99% Not Applicable Not Applicable Not Applicable $ Not Applicable 96% 3 Limited development potential due to existing land use DART CB (2022) Coit Road Dallas No Not Applicable Not Applicable Not Applicable 89, Not Available 97% 2, $ Not Applicable 93% 3 Limited development potential due to existing land use DART CB (2022) Shiloh Road Plano , No 79, Not Available Not Applicable 100% 84, Not Applicable 95% $ Not Applicable 92% 3 Development limited by Oncor Substation Tier 4 DART Orange DFW Airport Terminal A DFW , NA DFW Airport 4 DFW Airport property TexRail / DART CB (2022) DFW Airport Terminal B DFW NA 0 23, NA DFW Airport 4 DFW Airport property DART Blue (S) (Future) Inland Port Dallas NA NA NA 4 Future corridor TexRail (Future) Summer Creek Fort Worth NA NA x x NA 4 Station plan available at: Western side of the tracks (500+ acres) has been annexed and zoned for mixed-use. TexRail (Future) I - 20/Granbury Fort Worth NA NA x x NA 4 Station plan available at: TexRail (Future) TCU/Berry Fort Worth NA NA x x 3, NA 4 Station plan available at: TOD Plan and Form-Based Code adopted by City. TexRail (Future) Medical Center Fort Worth NA NA x x 8, NA Med Ctr. 4 TIF and Near Southside Form-Based Code in place. North Texas Regional Transit Oriented Development COSTAR (5) NCTCOG COSTAR Median Household Income 0.5 Mile (NCTCOG) (4) Average Size of Unimproved Parcels Number of Unimproved Parcels (0.5 mi radius) (2) Total 0.5 Mile Population (4) Line Code Agency / Line 2017 Avg Weekday Ridership (3) Initiatives / Entitlement Notes Area of Unimproved Parcels (Ac.) (0.5 mi radius) (2) Jurisdiction Employees (0.5 mi radius) (1) COSTAR Office/Retail/ MF UC or Proposed within 1/2 mile Total 0.5 Mile Housing Units (4)

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7 TIER 4: No current development potential / stations do not exists TOD Tier Rankings TIER 1: Current development, good market fundamentals, market supports new construction, walkability, available land, entitlements in place TIER 2: Good market fundamentals, limited plans, entitlements / incentives in place TIER 3: No market fundamentals in place, incompatible land use, limited land availability, need for subsidies, need for vision

8 Market Demographics Total vs TOD Accessible (.5 mile of transit) Employees Population 4,528,000 3,681, % TOD Accessible 7,246,000 6,422, % TOD Accessible 846, ,322 DFW Total Non-TOD TOD DFW Total Non-TOD TOD

9 Office Market TOD Inventory Total Market vs TOD (within.5 mile from Transit) OFFICE MARKET TOTAL SF TO TOD AREA SF 384,339, ,772, % TOD Accessible 101,566,960 70,000,000 60,000,000 50,000,000 40,000,000 30,000,000 20,000,000 10,000,000 - OFFICE MARKET TOTAL SF TO TOD AREA SF POST ,230, ,000 JOBS W/IN WALKING DISTANCE 22.2% OF TRANSIT = 26% TOD Accessible 47,650, % INCREASE 13,580,710

10 Office TOD Average Rental Rate Product Office TOD Average Rental Rates $45.00 $40.00 $35.00 $30.00 $25.00 $20.00 $15.00 $10.00 $5.00 $- $33.13 $ % TOD Rental Rate Premium in Product OFFICE TOTAL MARKET 2008 CONSTRUCTION OR NEWER STATION ½ MILE RADIUS FULL SURVEY 2008 CONSTRUCTION OR NEWER

11 Multi-family TOD Inventory Total Market vs TOD (within.5 mile from Transit) MULTI-FAMILY TOD Inventory MULTI-FAMILY TOD Inventory Post , , , ,993 11% TOD Accessible 23% TOD Accessible 97,740 47,050 MF TOTAL MARKET NON-TOD STATION ½ MILE RADIUS FULL SURVEY MF UNITS NON-TOD TOD

12 Multi-family TOD Average Rental Rate Product MULTI-FAMILY TOD Average Rental Rates $1.75 $1.75 $1.70 $1.65 $1.60 $1.55 $1.50 $ % TOD Rental Rate Premium in product $1.45 $1.40 MULTIFAMILY TOTAL MARKET 2008 CONSTRUCTION OR NEWER STATION ½ MILE RADIUS FULL SURVEY 2008 CONSTRUCTION OR NEWER

13 Retail Market TOD Inventory RETAIL SQUARE FOOTAGE Total Market 428,486, ,241,051 RETAIL SQUARE FOOTAGE ,302,390 54,224,684 32,245,202 2,077,706 RETAIL TOTAL MARKET NON-TOD 7.5% TOD Accessible TOD RETAIL MARKET NON-TOD TOD 3.7% TOD Accessible

14 Tier Map Tier 1 Stations 27 Tier 2 Stations 41 Tier 3 Stations 18 Tier 4 Stations 1

15 Case Study: Downtown Carrollton (Tier 1) Key Attributes: Station Area Plan Transit Supportive Zoning Land Assembly by City Vacant Land Infrastructure Plan Development Vision Master Developer

16 Downtown Carrollton Market TOD Inventory Population 7276 Vacant Parcels 99 Employment 2883 Acres of Vacant 66 Household Income $48,152 DART Parking Multifamily Units 393 Existing 582 Occupancy 96% Under Construction 200, , , , , ,000 80,000 60,000 40,000 20,000 0 Office SF Existing 182,581 Occupancy 97% 0 Under Construction 250, , , ,000 50, ,000 JOBS W/IN WALKING Retail DISTANCE SF OF TRANSIT = 26% 0 237,590 Occupancy 99% Existing 0 Under Construction Multifamily Office Retail SF

17 Tier 1 Case Study Downtown Carrollton Joel Behrens, Trammell Crow Company/High Street Residential

18 Union at Carrollton Station Master Plan Master Plan Overview Resolved Regional Transit Connections Green Line LRT / Cotton Belt / Frisco Line 20 year Phased Development Plan 78 acres 2.8 million SF Infrastructure Investment Plan Traffic Impact Analysis Public Parking

19 Development Timeline Carrollton issues RFQ for Master Developer Phase I construction begins Phase II construction begins Phase II construction completion Phase III Development Agreement approved Phase III construction completion NOV 2007 AUG 2011 MARCH 2013 APRIL 2014 AUG 2016 MAY 2019 APRIL 2008 NOV 2012 OCT 2013 DEC 2014 SEP 2017 FEB 2020 HSR selected as Master Developer Phase I construction completion First property for Phase III under contract Phases I & II sell to Olympus Property Phase III construction begins Phase III stabilized

20 Union at Carrollton Station Phase I & II Phase I & II Overview City of Carrollton s first major TOD 99-year ground/parking lease Formal public private partnership agreement with City with profit sharing 12 acres total 311 units 125 public parking spaces 4,611 SF retail

21 Union at Carrollton Station Phase III Phase III Overview: Commenced construction September units 4,025 SF ground floor retail Structured parking with 480 spaces

22 Union at Carrollton Station Overview 663 units 12 acres Density: 53 units/acre 8,636 SF retail 246 public parking spaces 944 parking spaces total

23 Case Study: Tyler Vernon (Tier 2) Key Attributes: Surprise Development Solid SF land use Nothing going for it? Development Vision

24 Tyler Vernon Market TOD Inventory Population Vacant Parcels 54 Employment 95 Acres of Vacant 15 Household Income $47,337 DART Parking Multifamily Units 10 Existing Occupancy 90% 0 Under Construction 140, , ,000 80,000 60,000 40,000 20,000 0 Office SF Existing 129,704 Occupancy 65% 0 Under Construction 14,000 12,000 10,000 8,000 6,000 4,000 2, ,000 JOBS W/IN WALKING Retail DISTANCE SF OF TRANSIT = 26% 12,671 Occupancy 81% Existing 0 Under Construction Multifamily Office Retail SF

25 Tier 2 Case Study Tyler Station Monte Anderson, Options Real Estate 3-4 slides Co-working collaboration village / TOD 125,000 sf Built CLIDE Award Winner

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33 Main Station Duncanville, Texas

34 Capital Market Financing (HFF) Jim Curtin, Senior Director, HFF Key Considerations and Challenges: Return Requirements? Overall? By use? Favored/Dis-Favored uses? Grocery v. Hotel v. Senior Housing? Pre-leasing & ability to do so? Pre-sale? Structure? Vertical or Horizontal? Legal - condo, air rights, REA? Ground lease? Timing? All at once? Phased? Transaction Size? All components or parts? Cross-collateralized? Depth of lender pool? Incentives? Availability? Structure/timing of receipt? Ability to monetize?

35 Discussion Lessons Learned: Tier 1 stations are where a developer can meet an established market Tier 2 stations require a developer to create the market Tier 2 stations provide greenfield development opportunities for corporate or institutional site selection where the user defines the market Transit is increasingly a corporate site selection criterion TOD Accessible Employment to TOD Accessible Population is about 1:1 Overall employment to population is 0.625:1, suggesting a shortage of housing (Multi-family) TOD Product relative to Office Product. Development is responding to this imbalance with a greater percentage of new MF being TOD. TOD rental rate premium for Office Product 23% TOD rental rate premium for MF Product 14%; TOD has not been a primary driver for Retail Product to date in DFW. None of the lines are aligned with our regional malls.

36 Summary: Merits of TOD Drives development locations (employment centers) State Farm / Carpenter Ranch / A&E Firms etc. Balances the location of development Drives capital investment choices Drives quality of investment and public infrastructure Encourages reinvestment in older areas Improves accessibility to employment Encourages mixed use (live/work) Encourages walkable environments Creates a sense of place / community Decreases cost of transportation /cost of living Allows increased density / reduced parking "There is a lot of interest in that building since it sits right next to the DART station," Mike Berry, president of Hillwood Properties With the train station, we think Class A will be an important element, as well as a high-quality hotel with retail, restaurant and a component of multifamily. Kevin Falconer, Mayor city of Carrollton Set in the heart of Downtown Dallas with an urban vibe, this TOD will be ideal for companies looking to meet the needs of young, creative employees, Ron Stelmarski, Perkins & Will

37 Downtown Carrollton (Tier 1) Multi-family Occupancy / Rental Rates

38 Downtown Carrollton (Tier 1) Office Occupancy / Rental Rates

39 Downtown Carrollton (Tier 1) Retail Occupancy / Rental Rates

40 Tyler Vernon (Tier 2) Multifamily Occupancy / Rental Rates

41 Tyler Vernon (Tier 2) Office Occupancy / Rental Rates

42 23-Feb-18 Urban Land Institute TOD Council TOD Market Potential Inventory Station Name Parking Provided/ Planned Station Area Plan Transit Supportive Zoning TIF or PID District Office Inventory (1/2 mile radius Office Under Construction Office Proposed Office Rental Rates (1/2 mile radius) Office Rental Rates Product Office Occupany Levels (1/2 mile radius) Retail Inventory (1/2 mile radius) Retail Under Construction Retail Proposed Retail Rental Rates (1/2 mile radius) Retail Rental Rates Product Retail Occupancy (1/2 mile radius) Multifamily Inventory Units: 1/2 mile radius) Multifamily Units Under Construction Multifamily Proposed Multifamily Rental Rates ($/SF/Month: 1/2 mile radius) Multifamily Rental Rates Product Multifamily Occupancy (1/2 mile radius Regional Destination Tier Rank Tier 1 DART Red/Orange Downtown Plano Plano x x x 4, , $45,398 Yes 411, $ NA 87% 614,056 12, $ Not Available 97% 1, * 1.23 $ 1.45 $ 95% Downtown Residential units and 70K SF commercial completed. 61 urban single-family under construction and 789 multifamily approved DART Red/Orange, DART CB CityLine/Bush Richardson 1,408 1,193 x x x 13, , $75,888 Yes 2,904, ,000, $ $ 84% 416, Not Available Not Available 100% 1,994 1, $ 1.65 $ 71% 1 Entitlements complete. CityLine development in progress. Spring Creek Nature Area south of station doubled in size in DART Red/Orange Galatyn Park Richardson x x 14, , $111,604 Yes 4,901, $ NA 73% 10, Not Available Not Available 100% 1, $ 1.56 $ 61% ac. Galatyn Park Urban Center primarily built out. Spring Creek Nature Area north of station doubled in size in DART Red/Orange Mockingbird Dallas 3, x x 7, , $92,059 Yes 1,278, $ NA 86% 564, $ Not Available 96% 1, $ 1.65 $ 88% SMU 1 COD Mockingbird/Lovers TIF. Partially built out. Additional parcels to north DART Red/Orange CityPlace Dallas 2,244 0 x x x 9, , $75,957 Yes 2,868, $ $ 87% 801, , $ Not Available 100% 6, $ 1.98 $ 91% 1 COD CityPlace TIP. Cityplace mixed use redevleopmemnt planned. 16 acres north proposed for redevelopment DART Red/Org/Blue/Green Pearl Street Dallas 5,973 0 x 46, , $77,402 Yes 22,062, , , $ $ 73% 1,030, $ Not Available 93% 5,277 1, $ 1.70 $ 91% Downtown 1 CBD. Potential development site at Crozier Tech (under development) DART Red/Org/Blue/Green St. Paul Dallas 5,599 0 x 62, , $76,221 Yes 28,162, , , $ $ 76% 1,049, $ Not Available 92% 5,170 1, $ 1.70 $ 89% Downtown 1 CBD. Built out with redevelopment potential DART Red/Org/Blue/Green Akard Dallas 5,847 0 x 96, , $82,962 Yes 30,962, , $ $ 76% 1,222, $ Not Available 98% 5,169 1, $ 1.66 $ 88% Downtown 1 CBD. Built out with redevelopment potential Elm and /DART Headquarters Redevelopment DART Red/Org/Blue/Green West End Dallas 12,564 0 x 60, , $80,336 Yes 20,087, , , $ $ 78% 1,070, $ Not Available 96% 4, $ 1.90 $ 83% Downtown 1 CBD. Development sites available in West End area DART Red/Blue Cedars Dallas x x 2, , $67,626 Yes 445, , $ NA 99% 239, $ Not Available 99% 1, $ 1.28 $ 83% 1 City of Dallas Cedars TIF District. Potential infill development DART Red (S) Tyler Vernon Dallas , $47,337 No 129, Not Available NA 65% 12, Not Available Not Available 81% Not Available NA 90% 1 Primarily residential. Tyler Station development underway (Redeveloment of Dixico) - Required extra effort DART Blue (S) VA Dallas x 4, , $26,213 No 4, Not Available NA 100% 84, $ NA 62% $ 1.01 $ 94% 1 City of Dallas TOD TIF District (Lancaster Corridor Sub-District). Multifamily project initiated DART Blue (N) Downtown Rowlett Rowlett 1, x x 2, , $70,852 Yes 133, $ $ 93% 714, , $ Not Available 95% $ 1.56 $ 73% Downtown 1 First multifamily development complete. Large redevelopment parcels available DART Blue (N) Downtown Garland Garland 1, x x x 2, , $41,085 Yes 307, $ NA 100% 386, $ Not Available 99% $ 1.31 $ 98% Downtown 1 CityCenter - Phase II of Fifth Street Crossing completed includes 158 rental units. City Hall project includes residential and office. DART Blue (N) Lake Highlands Dallas x x x , $92,041 Yes 64, Not Available NA 100% 140, Not Available Not Available 94% $ 1.75 $ 95% 1 Phase 1 of LHTC underway. Total of 1700 units, 300K retail and 50K office planned. Infrastructure in Place. Land available. DART Green (N) / DART CB Downtown Carrollton Carrollton x x x 2, $48,152 Yes 182, $ $ 97% 237, , $ NA 99% $ 1.64 $ 96% Downtown 1 72 acres master plan complete. 1 City led PPP (Ph1 and 2 complete, Ph3 under construction). DART Green (N) Farmers Branch F. Branch x x x 3, , $47,614 Yes 189, $ NA 91% 110, $ Not Available 90% $ 1.52 $ 93% 1 Mustang Crossing Phase 1 complete. Potential fro shared parking at DART lot DART Green (N) SW Medical District / Parkland Dallas 2,571 0 x x x 34, , $47,283 Yes 563, $ $ 96% 246, ,000 Not Available Not Available 100% 2, $ 1.51 $ 94% Med Ctr. 1 Adjacent to Cityville Multifamily Development and Parkland Hospital DART Green (N) / Org / TRE Victory Dallas 1,810 0 x x x 16, , $89,037 Yes 3,930, , , $ $ 89% 539,514 85, $ Not Available 89% 6, $ 2.24 $ 73% 1 COD Sports Arena TIF. Part of Victory development (potential development of AAC parking DART Green (S) Deep Ellum Dallas x x x 14, , $69,456 Yes 7,098, , , $ $ 83% 986, $ NA 87% 4, $ 1.87 $ 91% 1 Deep Ellum TIF District. Potentail D2 impact DART Green (S) Baylor Dallas x x x 19, , $54,576 Yes 3,301, , $ $ 95% 974, $ Not Available 92% 2,361 1, $ 2.47 $ 82% Med Ctr unit multifamily adjacent to station. Baylor Hospital area redevelopment potential DART Orange Las Colinas Urban Center Irving x x x 19, , $75,219 Yes 3,630, $ NA 88% 6,000 39,885 0 Not Available NA 100% 5,224 1, $ 1.77 $ 84% 1 Las Colinas Urban Center. Current TOD Development DART Orange Irving Convention Center Irving x x x 1, , $75,460 Yes 2,298, , $ NA 89% 265, ,000 Not Available Not Available 100% 2, $ 1.67 $ 90% 1 Las Colinas Urban Center. Current TOD Development. Hotel/ Music Factory development TRE/TexRail (2018) T&P Station Fort Worth x x 18, , $28,974 Yes 3,111, $ NA 94% 395, $ Not Available 96% , $ 1.69 $ 89% 1 Vickery & Main TOD development proposed. Pinnacle Bank mixed-use completed. Two additional mixed-use projects proposed. TRE/TexRail (2018) Intermodal Transportation Center Fort Worth 1, x x x 29, , $43,868 Yes 9,629, , $ $ 88% 738, $ Not Available 95% 1, $ 1.63 $ 95% Downtown 1 Downtown Fort Worth location with numerous vacant or underutilized parcels. Part of downtown Strategic Plan. TexRail (2018) Grapevine Main Street Grapevine NA 149 4, $58,303 No 461, $ $ 95% 338, $ $ 97% $ 1.71 $ 84% 1 Boutique hotel, parking garage, plaza and observation deck DART CB (2022) Addison Circle Addison 1,000 0 x x x 17, Yes 3,318, $ $ 86% 534, Not Available Not Available 90% 2, $ 1.60 $ 94% 1 Location of Addison Town Center mixed use development. Shared parking with Transit Center DART CB (2022) UT Dallas Richardson x x 5, Yes 1,146, , $ $ 89% Not Applicable Not Applicable Not Applicable $ 1.43 $ 89% UTD 1 SAP completed; zoning entitlement completed. UTD Northside mixed-use development: Phase 1 built; Phase 2 under construction. DART D2 Museum Way Dallas 0 x Yes 14,848,896 1,014, , $ $ 79% 412,786 85, $ $ 93% 5, $ 2.11 $ 79% Victory 1 DART D2 Metro Center Dallas 0 x Yes 26,539, ,315 60, $ $ 75% 1,111, $ $ 86% 5,382 1, $ 1.75 $ 89% DART D2 Commerce Dallas 0 x Yes 25,422,269 60, $ Not Available 76% 1,064, $ Not Available 98% 5,328 1, $ 1.66 $ 87% DART D2 CBD East Dallas 0 x Yes 21,174, , , $ $ 77% 1,228, $ Not Available 92% 7,147 1, $ 1.71 $ 90% Texas Cental Railway (TCR) Dallas (TBD) Dallas NA NA x x x 1, , , $ NA 99% 239, $ Not Available 99% 1, $ 1.28 $ 83% Dallas 1 Station Area Plan being developed by City of Dallas in conjunction with Texas Central Railway Tier 2 DART Red/Orange Parker Road Plano 3,337 2,078 x x 5, , $48,435 No 642, $ NA 88% 1,613, $ Not Available 97% $ NA 93% 2 Joint Development of DART parking critical to catalyst project, High parking demand a negative DART Red/Orange Arapaho Center Richardson 1,165 1,100 x x 7, , $57,698 Yes 1,314, , $ NA 93% 342, , $ Not Available 99% $ 1.55 $ 95% 2 SAP - includes proposed TOD at Bus Transfer Center parking; about to launch new SAP initiative in near-term. DART Red/Orange Spring Valley Richardson 1, x x x 10, , $50,579 Yes 1,206, $ NA 95% 317, , $ Not Available 93% $ 1.38 $ 94% 2 Brick Row mixed-use development east of station. Zoning for area west of station updated fall Need land assembly on west side DART Red/Orange LBJ Central (TI) Dallas 1, , ,674 3,893 $31,605 No 590, $ NA 53% 42, Not Available NA 100% 1, $ 1.61 $ 94% 2 Strong employment base w/ shuttles to TI DART Red/Orange Forest Lane Dallas 1, , , $50,921 No 351, $ $ 82% 301, Not Available Not Available 100% $ 1.54 $ 88% 2 Strong employment base w/ shuttles to TI. Somewhat landlocked. DART Red/Orange Walnut Hill Dallas 1, , , $53,158 Yes 3,359, , $ $37.50 for Proposd 86% 644, Not Available Not Available 95% 1, $ 1.77 $ 86% Med Ctr. 2 Strong employment base w/ Presbyterian Hospital. Part of Vickery Meadows master plan DART Red/Orange Park Lane Dallas 2, x 7, , $33,180 Yes 2,417, , $ $ 93% 3,420, $ Not Available 97% 2, $ 1.91 $ 90% 2 Park Lane Place (2.4M SF) under development. Part of Vickery Meadows TOD Plan. Power line easement restrict development. DART Red/Orange Lovers Lane Dallas 1,282 0 x 9, , $117,855 Yes 1,418, , $ NA 84% 704, $ Not Available 98% 1, $ 1.66 $ 93% 2 COD Mockingbird/Lovers TIF. Requires redevelopment of Office Depot / retail center DART Red/Blue/TRE Union Station Dallas 1,950 0 x 40, , $70,885 Yes 8,181, , $ $ 76% 286, $ Not Available 96% $ 1.63 $ 88% 2 Potential for Air Rights development over ROW and expansion of Union Station DART Red/Blue Convention Center Dallas x 12, ,077 5,586 $72,893 No 4,144, $ NA 97% 192, $ Not Available 98% $ 1.67 $ 79% Conv. Ctr 2 CBD. Potential infill development near Omni Hotel at surface parking lots DART Red Dallas Zoo Dallas x 1, ,139 2,831 $29,244 No 37, $ NA 91% 121, $ Not Available 100% $ NA 92% 2 Large tracts offer development potential. Future deck park could drive potential DART Red Westmoreland Dallas 2, x 1, ,307 3,934 $36,434 No 20, Not Available NA 100% 353, $ Not Available 100% $ NA 96% 2 Westmoreland DART Station Area Plan. Potential comm. / industrial infill & development of DART parking. DART has residual property DART Blue (S) Kiest Dallas 1,042 0 x ,988 4,011 $24,611 No 6, $ NA 77% 488, $ $ 97% $ Not Available 92% 2 City of Dallas TOD TIF District (Lancaster Corridor Sub-District). Potential retail/multifamily redevelopment DART Blue (S) Ledbetter Dallas 2, x ,728 3,587 $30,570 No 2, Not Available NA 100% 128, Not Available Not Available 100% $ NA 92% 2 City of Dallas TOD TIF District (Lancaster Corridor Sub-District). Potential retail/multifamily redevelopment DART Blue (S) Camp Wisdom Dallas x x ,182 2,629 $33,197 No Not Applicable NA Not Applicable NA NA NA $ 0.64 $ 97% 2 COD UNT Station Area Plan Completed. Multiple parcels available - COD owned property DART Blue (S) UNT Dallas x x ,179 2,926 $36,190 No Not Applicable NA Not Applicable NA NA NA NA NA Not Applicable UNT 2 COD UNT Station Area Plan Completed. Lancaster Campus Distinct Plan Complete. Parcels available to south. DART Blue (N) Forest Jupiter Garland x x x 1, ,960 4,374 $29,213 No 144, Not Available NA 100% 179, Not Available Not Available 100% $ NA 97% 2 Planned Development (PD) set in place by the City with a basis of TOD. DART Blue (N) LBJ/Skillman Dallas 1, x x x 6, ,891 8,497 $41,836 No 90, $ NA 98% 533, $ NA 90% 2, $ NA 92% 2 DART owned property available DART Blue (N) White Rock Dallas x ,435 3,653 $92,526 Yes Not Applicable NA Not Applicable 5, Not Available NA 100% $ 2.24 $ 84% 2 Multifamily project proposed immediately north of station DART Green (N) Frankford Carrollton 1, x 1, ,423 1,300 $48,525 No 9, $ NA 43% 210, $ NA 94% $ 1.32 $ 98% 2 Primarily industrial with some retail. 1 Multi-Family project complete with 1 additional in the planning process. Poor accesibility/visibility. DART Green (N) / DCTA Trinity Mills Carrollton 1, x x x 3, No 64, $ NA 70% 87, Not Available NA 95% NA NA NA 2 RFP for Master Developer currently underway. TxDOT improved access with Dickerson Parkway. DART Green (N) Bachman Dallas 2, x ,215 5,300 $34,890 Yes 186, $ NA 68% 368, , $ Not Available 97% 1, $ NA 97% 2 Potential redevelopment of existing multifamily DART Green (N) Burbank Dallas , ,564 1,646 $19,655 Yes 1,310, , $ NA 83% 83, Not Available NA 98% NA NA NA 2 Industrial properties to south provide redevelopment potential. SW Airlines property adjacency DART Green (N) Inwood / Love Field Dallas 1, x x 3, ,067 6,489 $46,734 Yes 304, $ NA 100% 337, , $ NA 84% 4, $ 1.61 $ 92% Love Field 2 Potential industrial property redevelopment. New multifamily proposed adjacent to station DART Green (N) Market Center Dallas x x x 6, ,269 5,790 $51,769 Yes 2,085,655 31, $ $ 91% 5,128, $ Not Available 99% $ 1.70 $ 94% 2 Somewhat land locked. Market Center redevelopment opportunity DART Green (S) Fair Park Dallas 1,089 0 x x x 2, ,845 4,372 $35,928 No 362, $ Not Available 97% 394, $ $ 97% $ NA 98% Fair Park 2 Potential infill and redevelopment in Deep Ellum west of station DART Green (S) MLK Dallas 1, x x x 1, ,039 2,619 $24,662 No 76, Not Available Not Available 100% 256, $ $ 97% $ NA 84% Fair Park 2 Small infill / multifamily potential of existing residential lots possible DART Green (S) Hatcher Dallas x ,733 3,451 $21,445 No 4, Not Available Not Applicable 100% 195, $ NA 80% $ NA 99% 2 Potential redevelopment across Scyene (Parkland Clinic). Landlocked to south w/o displacements DART Green (S) Lawnview Dallas x ,027 2,065 $42,435 No NA NA Not Applicable NA NA Not Applicable NA NA NA 2 Large adjacent parcels. Limited by flood plain & existing uses. DART owns 80 acres - in flood plain DART Green (S) Lake June Dallas ,600 2,921 $36,859 No NA NA Not Applicable 88, Not Available NA 100% $ NA 95% 2 Large adjacent parcels DART Green (S) Buckner Dallas 1, x 1, ,769 4,755 $34,608 No 1, Not Available NA 100% 221, Not Available NA 100% $ NA 90% 2 Potential industrial property redevelopment DART Orange University of Dallas Station Irving x x x ,847 1,446 $29,869 No 0 0 NA NA Not Applicable 2, Not Available NA 100% NA NA NA Univ Dallas 2 95 SFD houses part of larger "PUD 6": 452 acres of buildable land, 9,200 residential units, and 12.7 M sq. ft. of employment space DART Orange North Lake College Irving x x x 2, ,080 4,429 $70,491 Yes 428, ,434, $ $32.50 for Proposed 99% 47, ,000 Not Available NA 100% 1, $ NA 94% 2 TOD Zoning and large parcels available DART Orange Belt Line Station Irving x 3, $16,812 Yes 876,616 96,000 60, $ $ 83% NA NA Not Applicable NA NA NA 2 Part of a 23-acre mixed-use development featuring office, retail, and green space. DFW Airport property DART Orange (2020) Carpenter Ranch/Verizon Station Irving NA NA x x x Yes 1,648,590 1,125,000 1,434,000 Not Available $32.50 for Proposed 100% 93, ,000 Not Available Not Available 100% 1, $ NA 93% 2 Ultimate build out to include 3 M sq. ft. of office and retail, plus 1200 multifamily units and an Orange Line station. TRE Centreport Fort Worth 1,043 1,001 5, ,177 6,674 $46,245 No 554, $ NA 96% 25, $ NA 88% 2, $ 1.52 $ 92% DFW Airport 2 New American Airlines HQ under construction with connecting trail. New multifamily development nearby. TRE Heritage Crossing TRE Station Irving x x x 3, ,229 4,995 $39,634 No 146, $ NA 98% 548, Not Available Not Available 99% $ NA 95% 2 Redevelopment of existing downtown area DCTA Downtown Denton Transit Center Denton x 9,036 2,494 $32,385 Yes 354, $ $ 85% 505, $ $ 95% $ 1.40 $ 95% Downtown 2 DCTA Parking Lot available. Adjacent underutilized parcels. DCTA MedPark Denton x 2, ,731 6,140 $50,955 Yes 307, , $ Not Available 91% 32, Not Available Not Available 100% $ NA 92% 2 Potential for redevelopment of current parking facilities DCTA Highland Village / Lake Lewisville Lewisville x x ,716 2,476 $98,714 Yes 12, Not Available NA 100% 13, Not Available NA 100% Not Available NA 94% 2 Lewisville Lake TOD in progress; new development under construction DCTA Old Town Lewisville x x 2, ,100 2,314 $43,754 Yes 76, $ $ 99% 241, Not Available Not Available 100% Not Available NA 100% 2 Active TOD projects in progress DCTA Hebron Lewisville x x x ,102 4,294 $55,721 Yes 36, $ NA 100% 141, $ $ 92% 2, $ 1.47 $ 93% 2 Huffines Developers have been expanding and approaching their final phases of construction on their multifamily development TexRail (2018) Stockyards (Northside) Fort Worth ,006 2,277 $35,762 No 15, Not Available Not Applicable 100% 237, Not Available Not Applicable 100% Not Applicable Not Applicable Not Applicable 2 TIF and Neighborhood Empowerment Zone in place. Funding proposal submitted to NCTCOG for Station development plan and FBC. TexRail (2018) Beach (Mercantile Center) Fort Worth x 1, ,787 $48,235 No Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable 2 Primarily light industrial. Station plan available at: TexRail (2018) / CB (2022) DFW Airport North Grapevine NA 208 x x ,177 $31,691 No Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Airport 2 DFW Airport property located in City of Grapevine. DFW to develop master plan DART CB (2022) Cypress Waters Dallas Yes 208, $ Not Applicable 98% 50, , $ $ 77% Not Applicable Not Applicable Not Applicable 2 Cypress Water master plan includes station area DART CB (2022) 12th Street Plano x x 4, Yes 277, $ Not Applicable 94% 661,021 12, $ Not Available 95% $ 1.44 $ 95% Downtown 2 Future TOD site defined by City Tier 3 TRE Hurst Bell Grapevine , ,063 1,066 $74,980 No 230, Not Available Not Available 100% 7, Not Available NA 100% NA NA NA 3 Primarily industrial land uses. Bell expanding in the area. DART Red/Blue 8th & Corinth Dallas 1, x ,543 1,723 $19,904 No NA NA Not Applicable 35, Not Available NA 100% $ 0.97 $ 95% 3 Long term opportunity to expand upon riverfront development plans DART Red Hampton Dallas ,924 4,238 $41,443 No 36, $ NA 100% 175, $ Not Available 97% NA NA NA 3 Primarily residential / school. Potential for small business redevelopment in south station area DART Blue (S) Morrell Dallas ,555 2,595 $20,935 No NA NA Not Applicable 31, $ NA 95% $ 0.97 $ 97% 3 Primarily residential. Potential for small business infill DART Blue (S) Illinois Dallas 1, ,754 3,002 $26,334 No 10, Not Available NA 100% 108, Not Available Not Available 87% NA NA 93% 3 Primarily residential. Potential for small business infill DART Green (N) Royal Lane Dallas , ,621 2,976 $45,340 No 72, Not Available NA 100% 1,601, $ Not Available 98% NA 98% 3 Potential redevelopment of existing industrial/retail DART Green (N) Walnut Hill / Denton Dallas , ,905 2,957 $49,709 No 189, NA 75% 454, $ Not Available 94% NA NA NA 3 Potential redevelopment of existing industrial/retail TRE Richland Hills Richland Hills , No 68, Not Available NA 100% 3, Not Available NA 100% NA NA NA 3 Primarily industrial land uses TRE West Irving Irving No 7, Not Available NA 100% 13, Not Available NA 100% NA 100% 3 Adjacent to vacant/underutilized land. Poor accessibility/visibility TRE Medical / Market Center Dallas x x 37, ,976 4,246 $49,265 Yes 1,137, $ Not Available 99% 218, $ Not Available 98% NA NA NA Med Ctr. 3 Limited land availability and access TexRail (2018) Ironhorse NRH N. Richland Hills NA 386 x x 1, ,670 $57,125 No 224, Not Available Not Available 100% 525, Not Available Not Applicable 100% $ Not Applicable 95% 3 TexRail (2018) Smithfield NRH N. Richland Hills NA 580 1, ,704 $68,046 No 95, $ $ 88% 166, Not Available 92% Not Applicable Not Applicable Not Applicable 3 DART CB (2022) Knoll Trail Dallas , Yes 3,859, $ $ 86% 645, Not Available Not Available 98% 4, $ % 3 Limited development potential due to existing land use DART CB (2022) Preston Road Dallas , No 60, $ Not Available 99% Not Applicable Not Applicable Not Applicable $ Not Applicable 96% 3 Limited development potential due to existing land use DART CB (2022) Coit Road Dallas No Not Applicable Not Applicable Not Applicable 89, Not Available 97% 2, $ Not Applicable 93% 3 Limited development potential due to existing land use DART CB (2022) Shiloh Road Plano , No 79, Not Available Not Applicable 100% 84, Not Applicable 95% $ Not Applicable 92% 3 Development limited by Oncor Substation Tier 4 DART Orange DFW Airport Terminal A DFW , NA DFW Airport 4 DFW Airport property TexRail / DART CB (2022) DFW Airport Terminal B DFW NA 0 23, NA DFW Airport 4 DFW Airport property DART Blue (S) (Future) Inland Port Dallas NA NA NA 4 Future corridor TexRail (Future) Summer Creek Fort Worth NA NA x x NA 4 Station plan available at: Western side of the tracks (500+ acres) has been annexed and zoned for mixed-use. TexRail (Future) I - 20/Granbury Fort Worth NA NA x x NA 4 Station plan available at: TexRail (Future) TCU/Berry Fort Worth NA NA x x 3, NA 4 Station plan available at: TOD Plan and Form-Based Code adopted by City. TexRail (Future) Medical Center Fort Worth NA NA x x 8, NA Med Ctr. 4 TIF and Near Southside Form-Based Code in place. Totals (7) 109, ,865 6,591 98,332,612 3,234,348 9,024, $ $ 84% 32,067, , , $ $ 96% 87,232 10,508 8, $ 1.75 $ 89% Agency / Line 2017 Avg Weekday Ridership (3) Initiatives / Entitlement Notes Area of Unimproved Parcels (Ac.) (0.5 mi radius) (2) Jurisdiction Employees (0.5 mi radius) (1) COSTAR Office/Retail/M F UC or Proposed within 1/2 mile Total 0.5 Mile Housing Units (4) North Texas Regional Transit Oriented Development COSTAR (5) NCTCOG COSTAR Median Household Income 0.5 Mile (NCTCOG) (4) Average Size of Unimproved Parcels Number of Unimproved Parcels (0.5 mi radius) (2) Total 0.5 Mile Population (4) Line Code