TABLE OF CONTENTS SECTION 1 - SUPERIOR LOCATION MAP: STATE OF TEXAS - RED OAK LOCATION DEPICTED AERIAL PHOTOGRAPH: NORTH CENTRAL TEXAS REGION - RED OAK LOCATION DEPICTED MAP: COUNTY OF ELLIS - RED OAK LOCATION DEPICTED SECTION 2 - TRANSPORTATION NETWORK AERIAL PHOTOGRAPH: PLANNED TEXAS SOUTH LOOP 9 & FM 664/OVILLA ROAD IMPROVEMENTS DEPICTED AERIAL PHOTOGRAPH: PLANNED INTERSECTION OF TEXAS SOUTH LOOP 9 & I-35E DEPICTED AERIAL PHOTOGRAPH: FM 664/OVILLA ROAD RECONFIGURATION, IMPROVEMENTS AND WIDENING DEPICTED AERIAL PHOTOGRAPH: PLANNED RECONFIGURATION OF INTERSECTION FM 664/OVILLA ROAD & I-35E DEPICTED SECTION 3 - COMMUNITY CHART: ANNUAL GROSS RETAIL SALES RED OAK, TEXAS (2002 2018) CHART: RED OAK POPULATION GROWTH U.S. CENSUS DATA (1950 2010) CHART: POPULATION GROWTH RED OAK, TEXAS (1990 2018) CHART: POPULATION GROWTH RATES SELECTED AREAS (2010 2018) CHART: POPULATION GROWTH PROJECTIONS RED OAK, TEXAS (2010 2040) SECTION 4 - RESIDENTIAL DEVELOPMENTS AERIAL PHOTOGRAPH: NEW RESIDENTIAL DEVELOPMENTS RED OAK, TEXAS (2019) CHART: NEW RESIDENTIAL DEVELOPMENTS & PROJECTED POPULATION GROWTH RED OAK, TEXAS (2019 2024) SECTION 5 - EXCELLENCE IN EDUCATION FRONT ELEVATION PHOTOGRAPH: RED OAK HIGH SCHOOL FRONT ELEVATION PHOTOGRAPH: RED OAK HIGH SCHOOL FRONT ELEVATION PHOTOGRAPH: TEXAS STATE TECHNICAL COLLEGE NORTH TEXAS CAMPUS - RED OAK, TEXAS CONCEPTUAL DEVELOPMENT PLAN: TEXAS STATE TECHNICAL COLLEGE NORTH TEXAS - RED OAK
TABLE OF CONTENTS SECTION 6 COMMERCIAL & RETAIL DEVELOPMENTS AERIAL PHOTOGRAPH: NEC OF FM 664/OVILLA ROAD & I-35E (WALMART SUPERCENTER VICINITY) AERIAL PHOTOGRAPH: SH342 & FM 2377 (RED OAK HIGH SCHOOL & TEXAS STATE TECHNICAL COLLEGE VICINITY) CONCEPTUAL ELEVATIONS: H.C.A/MEDICAL CITY ARLINGTON (EMERGENCY ROOM & MEDICAL FACILITY) TE'JUN THE TEXAS CAJUN - SEAFOOD RESTAURANT (CITY LAKE/ PEARSON PARK) OVILLA CORNER III RETAIL CENTER - 13,300+ SQUARE FOOT (NEC I-3E & FM 664/ OVILLA ROAD ON REESE DRIVE) LA QUINTA del SOL HOTEL (NEQ I-35E & FM 664/ OVILLA ROAD - NB I-35E SERVICE ROAD & REESE DRIVE STARBUCKS & CHIPOTLE (NEQ I-35E & FM 664/ OVILLA ROAD - N. SHARAF DRIVE) H.C.A/ MEDICAL CITY ARLINGTON (20,000 + SQUARE FOOT EMERGENCY ROOM & MEDICAL FACILITY) RED OAK COMMERCIAL CENTER (8,000 SQ. FT.) FUZZY'S TACO SHOP, C-STORE & FUEL STATION, RED OAK DONUTS SEVEN/11 (3,000+ SQUARE FOOT) C-STORE & FUEL STATION - SH 342 & FM 2377/LOUISE RITTER DRIVE SECTION 7 - INDUSTRIAL DEVELOPMENT (ADVANCED AEROSPACE) TRIUMPH AEROSPACE STRUCTURES/ VOUGHT AIRCRAFT DIVISION - RED OAK, TEXAS (880,000+ SF/1,200+ FTE s) TRIUMPH & BOEING CORPORATION JOINT VENTURE (USAF: T-X AIRCRAFT) RED OAK, TEXAS ($9.2 BN/~950 JOBS) SECTION 8 - INDUSTRIAL PROPERTY AERIAL PHOTOGRAPH: RED OAK INDUSTRIAL PROPERTY INFRASTRUCTURE IMPROVEMENTS (~530 ACRES)
SUPERIOR LOCATION
STATE of TEXAS
STRATEGIC POSITION! NORTH CENTRAL TEXAS REGION LOCATION, LOCATION, LOCATION! DALLAS: 18 MILES (N) FT. WORTH: 42 MILES (NW) I 35E: 1.4 MILES / 2 MINUTES I 20: 8 MILES/ 10 MINUTES I 45: 9 MILES/ 15 MINUTES I 30: 28 MILES/ 24 MINUTES I 35W: 43 MILES/ 43 MINUTES 5 INTERSTATE HIGHWAYS WITHIN 43 MILES / 43 MINUTES!
ELLIS COUNTY, TEXAS RED OAK, TEXAS
TRANSPORTATION NETWORK
INTERSTATE AVAILABILITY INTERSTATE 35: 2 MINUTES I 35E: 1.4 MILES / 2 MINUTES I 20: 8 MILES / 10 MINUTES I 45: 9 MILES / 15 MINUTES I 30: 28 MILES / 24 MINUTES I 35W: 43 MILES / 43 MINUTES I 10: 228 MILES / 3 + HOURS 7 INTERSTATE HIGHWAYS WITHIN 9 HOURS! I 110: 642 MILES / 9 HOURS
SOUTH LOOP 9 ROUTE PROPOSED ROUTE 9.5 MILE SECTION PROPOSED LOOP 9 ROUTE SOUTHEAST CORRIDOR MIDDLE REGION TXDOT PROJECT TXDOT Update: South Loop 9 The project is environmentally cleared TxDOT has started buying right of way The first section between I-35E and I-45 will be a 2-lane 2-way frontage road, with future expansion as traffic warrants Construction could begin in mid-2021 and take three years to complete (SOURCE:Best Southwest Partnership Executive Committee Meeting, Mobility Committee Update, Curtistene S. McCowan, Chair. October 5, 2018) The planned Loop 9 is a State of Texas Highway that will be located along the southern Dallas County and northern Ellis County lines. The section of Loop 9 connecting I 45 (to the east) with I 35 (to the west) will be approximately 9.5 miles in length. This 9.5 mile section will be located immediately to the north of the proposed industrial property.
SOUTH LOOP 9 & I-35 E PROPOSED INTERSECTION
FM 664 / OVILLA ROAD CONNECTS US 287 WITH I-45 Proposed Proposed Site Site
FM 664 / OVILLA ROAD PROPOSED CONFIGURATION
COMMUNITY
GROSS SALES RED OAK, TEXAS 2002 $55,813,900 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 $59,544,456 $66,276,681 $69,685,944 $82,495,611 $81,880,363 $85,600,849 $84,257,809 $87,767,173 $97,780,904 $121,527,157 $136,681,637 2014 $150,805,655 2015 2016 2017 2018 $202,133,688 $194,394,470 $188,358,303 $220,400,169 $250,000,000 $200,000,000 $150,000,000 $100,000,000 $50,000,000 $0 CALENDAR YEARS 2002-2018 (SOURCE: FINANCE DEPARTMENT. CITY OF RED OAK, TEXAS 2002 2018 DATA)
SALES TAX COLLECTIONS RED OAK, TEXAS CALENDAR YEARS $1,116,278 $1,190,889 $1,325,534 $1,393,719 $1,649,912 $1,637,607 $1,712,017 $1,685,156 $1,755,343 $1,955,618 $2,430,543 $2,733,633 $3,016,113 $4,042,674 $3,887,889 $3,767,166 $4,408,003 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 2002-2018 $0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 (SOURCE: FINANCE DEPARTMENT. CITY OF RED OAK, TEXAS 2002 2018 DATA)
U.S. CENSUS POPULATION RED OAK, TEXAS 1950 2010 12,000 10,769 10,000 8,000 6,000 4,301 4,000 3,124 2,000 350 415 767 1,882 0 1950 1960 1970 1980 1990 2000 2010 (SOURCE: UNITED STATES CENSUS BUREAU. OFFICIAL US CENSUS DATA: 1950 2010)
POPULATION GROWTH RED OAK, TEXAS 1990-2018 14,000 12,000 10,769 11,980 13,188 10,000 8,000 6,000 4,000 2,000 3,124 4,301 0 YR 1990 YR 2000 YR 2010 YR 2015 YR 2018 (Sources: US Census Data. North Central Texas Council of Governments)
POPULATION GROWTH RATES SELECTED AREAS PERCENT GROWTH 2010 2018 25.0% 22.5% 20.0% 15.0% 10.0% 14.7% 14.5% 12.3% 10.3% 9.9% 8.0% 8.0% 7.9% 6.7% 6.6% 4.7% 4.5% 5.0% 2.4% 0.0% (SOURCES: US CENSUS DATA. NORTH CENTRAL TEXAS COUNCIL OF GOVERNMENTS)
POPULATION PROJECTIONS RED OAK, TEXAS 2010 2040 (ANNUALIZED) 25,000 20,000 15,000 10,000 5,000-2039 2040 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 21,193 21,746 10,769 10,990 11,222 11,460 11,706 11,958 12,217 12,484 12,760 13,045 13,340 13,643 13,957 14,282 14,618 14,965 15,326 15,698 16,083 16,481 16,890 17,314 17,749 18,199 18,661 19,139 19,630 20,136 20,657 (SOURCE: RED OAK ECONOMIC DEVELOPMENT DEPARTMENT. 2010 2040 POPULATION PROJECTIONS FOR RED OAK ARE CALCULATED ON 2.4% AVERAGE ANNUAL POPULATION GROWTH PROJECTIONS BASED UPON THE NORTH CENTRAL TEXAS COUNCIL OF GOVERNMENTS POPULATION PROJECTIONS FOR THE D/FW MSA )
AD VALOREM PROPERTY TAX SELECTED AREA CITIES TAX RATE 0.900000 0.800000 0.700000 0.8799 0.8792 0.8675 0.8529 0.8143 PER $100 VALUATION 0.7500 0.7484 0.7214 0.7100 0.7100 0.7082 0.7055 0.6970 0.6871 0.6800 0.6700 0.6600 AVERAGE TAX RATE 0.7333 0.600000 0.500000 0.4577 0.400000 0.300000 0.200000 0.100000 - (SOURCE: ELLIS AND DALLAS APPRAISAL DISTRICTS. 2018 AD VALOREM PROPERTY TAX RATES
RESIDENTIAL DEVELOPMENTS
NEW RESIDENTIAL DEVELOPMENTS (Source: Community Services Department. City of Red Oak, Texas. 2019)
RESIDENTIAL DEVELOPMENTS RESIDENTIAL DEVELOPMENT & PROJECTED POPULATION GROWTH 2019 2024 DEVELOPMENT YEAR 2019 2020 2021 2022 2023 2024 2019 2024 TOTAL LOTS NUMBER OF LOTS: FULL BUILD OUT NUMBER OF ACRES PER DEVELOPMENT NUMBER OF LOTS PER ACRE: FULL BUILD OUT BROTHERS BLVD. TOWNHOMES 12 12 12 0.944 12.71 CAMDEN PARK 80 80 167 55.86 2.99 COLE MANOR 23 24 24 71 71 82.68 0.86 THE COVE AT HICKORY CREEK (SRS.) 20 20 20 60 60 10.37 5.79 CREEK BEND 38 38 38 38 152 152 36.47 4.17 CRYSTAL LAKE 30 30 30 90 90 85.89 1.05 HARMONY ESTATES III 40 74 74 21.22 3.49 HARMONY ESTATES IV 60 60 60 20.29 2.96 HICKORY CREEK ESTATES II & III 9 9 216 52.48 4.12 LEGACY OAKS (SRS.) 66 66 132 132 16.28 8.11 OAKMONT 85 85 85 85 85 85 510 510 165.81 3.08 RED OAK GARDENS 12 12 24 24 6.71 3.58 THE WOODS of RED OAK II 66 66 132 205 57.71 3.55 MEADOW RIDGE 50 50 50 50 32 232 232 37.55 6.18 NUMBER OF LOTS PER YEAR 591 391 247 173 117 85 1,638 PROJECTED POPULATION GROWTH 1,743 1,153 729 510 345 251 4,832 (SOURCE: COMMUNITY SERVICES DEPARTMENT. CITY OF RED OAK, TEXAS. 2019) NUMBER OF LOTS PER YEAR (2019 2024) PROJECTED POPULATION GROWTH (ANNUALIZED @ 2.95 PERSONS / HOUSEHOLD)
NEW RESIDENTIAL PERMITS ISSUED 2009-2018 200 188 180 168 160 140 120 117 122 100 80 60 40 36 38 45 56 87 81 20 0 2009 YR 2010 YR 2011 YR 2012 YR 2013 YR 2014 YR 2015 YR 2016 YR 2017 YR 2018 YR (SOURCE: COMMUNITY SERVICES DEPARTMENT. CITY OF RED OAK, TEXAS. 2019)
CITY OF RED OAK NEW SINGLE FAMILY PERMITS DATE 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 JAN 2 4 5 1 6 8 8 15 1 7 FEB 1 1 3 5 3 8 1 17 0 10 MAR 1 8 5 3 8 7 24 9 5 27 APR 5 3 8 8 18 15 13 4 2 13 MAY 8 0 5 9 6 14 7 6 17 19 JUN 1 2 1 6 5 14 28 7 12 10 JUL 5 4 0 6 16 16 15 5 22 12 AUG 2 3 6 3 11 5 21 6 16 21 SEP 1 6 5 6 5 11 12 4 11 27 OCT 5 2 2 2 5 7 12 4 8 9 NOV 1 2 2 4 3 4 1 2 8 12 DEC 4 3 3 3 1 8 26 2 20 21 TOTAL 36 38 45 56 87 117 168 81 122 188
NEW SINGLE FAMILY DWELLINGS 200 188 180 168 160 Number 140 120 100 80 60 40 122 81 117 87 56 45 38 36 20 0 2018' 2017' 2016' 2015' 2014' 2013' 2012' 2011' 2010' 2009' Year
EXCELLENCE IN EDUCATION
RED OAK HIGH SCHOOL (PHOTO CREDIT: RED OAK ISD. 2019)
LIFE SCHOOL ELEMENTARY SCHOOL RED OAK (PHOTO: CREDIT: LIFE SCHOOL. 2019)
TEXAS STATE TECHNICAL COLLEGE NORTH TEXAS JIM PITTS INDUSTRIAL TECHNOLOGY CENTER (PHOTO: CREDIT: TEXAS STATE TECHNICAL COLLEGE. 2018)
TEXAS STATE TECHNICAL COLLEGE NORTH TEXAS
COMMERCIAL / RETAIL DEVELOPMENTS
TE JUN THE TEXAS CAJUN CAJUN SEAFOOD RESTAURANT (SOURCE: ECONOMIC DEVELOPMENT DEPARTMENT. CITY OF RED OAK, TEXAS. 2019)
NEC FM 664 & I-35E NEW RETAIL CENTERS, HOTEL & BANK La Quinta Del Sol Chick-Fil-A 83,468 VPD 40,013 VPD Prosperity Bank Starbucks Chipotle
LA QUINTA del SOL HOTEL 4-STORIES 85 ROOMS 47,754 SF (PHOTO CREDIT: LA QUINTA INN & SUITES. 2019)
OVILLA CORNER II 13,300 + SF RETAIL CENTER (PHOTO CREDIT: RETAIL SOLUTIONS REAL ESTATE. 2019)
STARBUCKS / CHIPOTLE 4,285 SF RESTAURANT SPACE
SH 342 & MAIN STREET FUZZY S TACO SHOP & 7/ELEVEN
RED OAK COMMERCIAL CENTER C-STORE / FUEL RED OAK DONUTS FUZZY S TACO SHOP 8,000 SF RETAIL CENTER
7 - ELEVEN 3,062 SF C STORE & FUEL STATION
ADVANCED AEROSPACE
TRIUMPH AEROSTRUCTURES RED OAK, TEXAS VOUGHT AIRCRAFT DIVISION ADVANCED MANUFACTURING EAGLE I 240,000 + SF 275 + EMPLOYEES $80 + MILLION SKYRAIDER 2 646,000 + SF 825 + EMPLOYEES $100 + MILLION TOTAL PROJECT OVER 880,000 + SF 1,200 + EMPLOYEES $180 + MILLION THIS PROJECT REQUIRED A GREAT DEAL OF COOPERATION BETWEEN THE RED OAK CITY COUNCIL, THE RED OAK INDUSTRIAL DEVELOPMENT CORPORATION, DR. SCOTT NIVEN & THE ROISD, THE ELLIS COUNTY COMMISSIONER S COURT, AND STATE REPRESENTATIVE JIM PITTS.
TRIUMPH AEROSPACE STRUCTURES & BOEING CORPORATON T X TRAINER (USAF) $9.2 BILLION AWARD UP TO 900 JOBS (DIRECT & INDIRECT) (SOURCE: TRIUMPH AEROSPACE STRUCTURES/VOUGHT AIRCRAFT. BOEING CORPORATION. 2018)
INDUSTRIAL PROPERTY
INDUSTRIAL PROPERTY INFRASTRUCTURE IMPROVEMENTS
PEARSON PARK OVERLOOKING CITY LAKE RED OAK, TEXAS