Allen EDC Broker Luncheon Presentation 2025

AEDC Development Update Presentation

2025

Watters Creek

Mixed-Use District

Watters Creek District Key Properties • • • • • •

Watters Creek Village One Bethany at Watters Creek Marriott Dallas Allen Hotel & Convention Center Netscout One Allen Center Allen Tech Hub

With the award-winning Watters Creek District, employers can have an office walkable to highly desirable amenities

Watters Creek Village

Watters Creek Village • Over 90 shops & restaurants • 97,000 SF of Class A office • 52 acres of lush landscaping & greenspace

Watters Creek Village Retail Broker: Cole Blocker, DuWest Realty Office Broker: Ruth Griggs, Thirty-Four Commercial

Allen Tech Hub Top two full floors available: 50,000 SF • • • • • • • •

105,000-SF Class A office building Competitive rental rate Tenant lounge, Grab & Go café Building signage available Located in Watters Creek District Walkable to retail & restaurants US 75 Frontage Open 25,000 SF floor plates & 90% garage covered parking • 1,500 – 3,500 SF spec suites Broker: Sayres Heady, Heady Investments

Watters Creek Office Park

Marriott Hotel & Watters Creek Convention Center Total of 79,000 SF of meeting space • 300 room hotel • 15 break-out rooms • 40,000-SF convention room

One Bethany at Watters Creek

One Bethany West

One Bethany East

One Bethany North 4 acres One Bethany North Coming Soon

NetScout

One Bethany Central Future

One Bethany West & East • First class amenities include on-site virtual golf simulator, conference centers, tenant lounge & fitness centers with shower facilities • Access to Watters Creek Village • Substantially leased, spec suites available

Broker: Dillon Buhrkuhl, Pillar Commercial

36,000-SF Sublease Available at One Bethany West • Former Micron space • Fully furnished, like new condition • Sublease terms through September 2031 • 11,000 SF on 1st floor + 25,675 SF on 2nd floor Broker: Charlie Beck, Cushman & Wakefield Available Sublease

Video: Sublease at One Bethany West

One Bethany North & One Bethany Central • Both AEDC-owned sites available for build-to-suit • One Bethany North - 9 stories • Partnership with Pillar Commercial • Significant green space • Planned restaurant/café • 1.2 million SF space planned Broker: Dillon Buhrkuhl, Pillar Commercial

One Bethany Central One Bethany North

One Bethany North

Video: One Bethany North

US 75 / Allen Available Buildings

Allen Opportunity Properties

A

Allen Tech Center 500 W Bethany Dr.

B

One Bethany North

C

One Bethany East & West

105 W Bethany Dr.

D

Experian Campus

Jack Henry Campus

AEDC-owned 6.6 Acres

F

E Ridgemont Drive

Allen Flex Center

A

AEDC Owned Land • +/- 100,000 SF spec building construction • Tech/flex space with office finish • Focus on Tech Manufacturing users Example Architecture

B

Allen Tech Center

500 W Bethany 84,936 SF Sublease Available +/- 10,190-49,865 SF Office or Tech/Flex Space High Ceilings, Dock Doors

Brokers: Brett Lewis, Jessica Reinhardt, Lee & Associates

Available Space

C

MonkeySports 105 W Bethany Dr. Total building: 261,700 SF For lease: 83-112,000 SF

Broker: Matt Middendorf, Middendorf Commercial

D

Future Opportunity: Experian Campus • • • •

Watters Creek Village

Experian Campus

26.5 acres, US 75 frontage Redevelopment opportunity Purchased by Formation Interests in 2023 Buildings constructed in 1983

E

Jack Henry - Building Available Bethany Dr.

Watters Creek Village

1025 S. Central Expressway

Development Contact: Jordan Wade, Transwestern

For Lease or Sale

• 2-story 92,066 SF, built in 2000 • 519 parking spaces (5.64/1000 parking)

F

Allen Flex Center

106,000 SF of tech/flex space • Buildings A & B – 29,000 SF each • Buildings C, D & E – 16,000 SF each Delivering Q1 2026 Shared dock for business park Retail, office/showroom & light industrial uses Development Contacts: Reid Caldwell, Clayton Hughes Longbow Companies

Bethany Dr.

Greenville Ave.

Bldg B

Bldg E

Bldg A

Bldg D

Bldg C

Project Wins AEDC Recruitment Incentives

Onsemi Relocates to Allen • • • • • • •

Semiconductor chip design center Leased 97,500 SF; 12-year term 352 jobs $35 million capital expenditure Fortune 500 company Eliminated largest office vacancy One of largest DFW deals

Omnilife Campus • • • • • •

US HQ & Distribution Capital Investment of $40M Two building campus - 160,000 SF 140+ employees Museum quality office International Nutraceutical Firm

Moss Construction • 25,000 SF office lease at FarmWorks One • Regional HQ for Construction Firm • 60+ employees • $3.6M capital investment • Innovative, sustainable firm working across a variety of industries

Allen Exchange Business Center

by Gillett Commercial BMK Industries

Fully Leased

Landlord Reps: Katherine Jessen Pool & Mac Morse, Citadel

Exchange Parkway

Project Announcement: BMK Industries • B2B compounding pharmaceutical manufacturing • 50,800-SF facility • $24M capital investment • 130 new jobs • Serves hospitals, outpatient clinics, surgery centers, long-term care facilities, veterinary clinics & government institutions

Downtown Allen

Redevelopment: Post Office & Future Phases

7 Acres Recently Acquired

by AEDC

Phase 1: Fire Station Catalyst Project McDermott Dr.

Downtown Allen

Cultural Core

Old Post Office Block

Boyd Drive

Old Fire Station Block

3 Block Downtown Catalyst Area

Downtown Allen Redevelopment Project

Phase 1 of Redevelopment

3 8

Building A BUILDING A 2-STORY RETAIL 2-Story Retail (14,000 SF) 31,340 GSF (F.A.R.)

Building B 1-Story Stage (2,000 SF)

BUILDING B 1-STORY STAGE

Building D - Annex BUILDING D 1-STORY ANNEX (1,580 SF) 1,580 GSF

2,090 GSF

Building E 1-Story Existing (2,080 SF)

BUILDING E 1-STORY EXISTING APPROX 2,080 GSF

Building C 1-Story Existing (2,800 SF)

BUILDING A

BUILDING C 1-STORY EXISTING

BUILDING B BUILDING C

2,800 GSF

BUILDING D BUILDING E 0'

20'

40'

80'

120'

PN TN

X

Downtown Rooftop Patio Aesthetic Misting fans Pergolas Rooftop seating

121 Mixed-Use Districts

Allen, Texas

Mixed-Use Projects on SH 121 Corridor in Allen 1. CRESTVIEW: 60 Acres Trammell Crow 2. ALLEN GATEWAY: 75 Acres North American Properties 3. THE AVENUE: 80 Acres Thakkar Developers

5. KALAHARI RESORTS: 123 Acres 6. OMNILIFE: 10 Acres Heady Investments 7. 121 TECH PARK & MIXED-USE: 75 Acres Stillwater Capital 8. SLOAN CORNERS: 261 Acres Billingsley Co.

X

4. THE FARM: 135 Acres JaRyCo Development

Crestview Key Properties 1.

Crestview: 60 Acres Trammell Crow

2.

Allen Gateway: 75 Acres North American Properties

3.

The Avenue: 80 Acres Thakkar Developers

4.

The Farm: 135 Acres JaRyCo Development

5.

Kalahari: 123 Acres

6.

Omnilife: 10 acres Heady Investments

7.

121 Tech Park & Mixed-Use: 75 Acres Stillwater Capital

8.

Sloan Corners: 261 Acres Billingsley Co.

1

Crestview

121 & Custer Rd.

Estimates:

Office: 200,000 SF

Retail: 180,000 SF

Hotel: 200 Rooms

Urban Residential: 1,300 Units

Crestview - Trammell Crow AEDC Office/Hotel

Retail

HEB Owned Land

Central Park

Urban Residential

Townhomes

60 Acre Project ESTIMATES Office: 200,000 SF Hotel: 200 Rooms Retail/Rest: 60,000 SF Central Park: 5 acres Grocery: 118,900 SF Urban Res: 1,200 Units Townhomes: 100 Units

Infrastructure Complete

Office

Residential Central Park

Retail

N

Crestview Central Park

Office/ Hotel Garage

Office Site

Site Restaurants

Park & MF

West Office 4 levels: 152,137 SF East Office or Hotel 5 levels: 83,430 SF Parking Garage: 800 spaces Brokers: Alexandra Cullins & Trey Smith, CBRE

Trammell Crow and Allen Gateway Office: 750,000 – 1,000,000 SF

Retail/Entertainment: 330,000 SF

ALLEN GATEWAY CRESTVIEW (Trammell Crow)

13-Acre Office Campus Opportunity: Custer to Exchange on SH 121 Trammell Crow Office/Hotel

Cope Equities Office (4 Acres) David Hicks Office/Mixed-Use (4 Acres)

Urban MF

Park Amenity

Senior Housing Project

Allen Gateway Key Properties 1.

Crestview: 60 Acres Trammell Crow

2.

Allen Gateway: 75 Acres North American Properties

3.

The Avenue: 80 Acres Thakkar Developers

4.

The Farm: 135 Acres JaRyCo Development

5.

Kalahari: 123 Acres

6.

Omnilife: 10 acres Heady Investments

7.

121 Tech Park & Mixed-Use: 75 Acres Stillwater Capital

8.

Sloan Corners: 261 Acres Billingsley Co.

2

Watters Creek & US 75

Allen Gateway at Twin Creeks 121 & Exchange

Office: 650,000 SF

Retail: 147,000 SF

Estimates:

Hotel: 430 Rooms

Section

Urban Residential: 1,300 Units

Allen Gateway 8

2

6

1 5

7 6

4

3

1. Future Office – Cope Equities 2. Future Office/Mixed-use – David Hicks 3. Phase 1 Urban Residential* 4. Future Residential* 5. Active Senior Living* 6. Retail Paradigm 7. Future Hotel 8. Katy Trail Ice House & The Ranch *Developed by: North American Properties

Retail Paradigm: 2 Projects Broker: Tim McNutt, DBA Realty

Southern retail building 1-story 16,200 SF

Northern retail building 2-story 22,000 SF Broker: Tim Axelrod, Shopco

The Ranch at Allen Gateway • • •

10-acre office campus Two office buildings Adjacent to Katy Trail Ice House

The Ranch at Allen Gateway • 180,000-SF office • Connected to hike & bike trail system • Strong Allen EDC Incentives for BTS

Campus - The Ranch in Allen

Broker: Billy Gannon, Transwestern

Office 1 – 100,000 SF Office 2 – 80,000 SF Available for Pre-leasing

Video: Katy Trail Ice House Ranch & The Offices at The Ranch

The Avenue Key Properties 1.

Crestview: 60 Acres Trammell Crow

2.

Allen Gateway: 75 Acres North American Properties

3.

The Avenue: 80 Acres Thakkar Developers

4.

The Farm: 135 Acres JaRyCo Development

5.

Kalahari: 123 Acres

6.

Omnilife: 10 acres Heady Investments

7.

121 Tech Park & Mixed-Use: 75 Acres Stillwater Capital

8.

Sloan Corners: 261 Acres Billingsley Co.

3

Ridgeview Drive

The Avenue SW 121 & Alma Dr.

Estimates:

Office: 1,000,000 SF

Retail: 275,000 SF

Hotel: 300 Rooms

Urban Residential: 150 Homes + 1,600 Units

The Avenue

Zale Urban MF

Alma Drive Future Commercial

Neighborhood Retail

Townhomes Future Urban MF

The Farm in Allen Key Properties 1.

Crestview: 60 Acres Trammell Crow

2.

Allen Gateway: 75 Acres North American Properties

3.

The Avenue: 80 Acres Thakkar Developers

4.

The Farm: 135 Acres JaRyCo Development

5.

Kalahari: 123 Acres

6.

Omnilife: 10 acres Heady Investments

7.

121 Tech Park & Mixed-Use: 75 Acres Stillwater Capital

8.

Sloan Corners: 261 Acres Billingsley Co.

4

N

The Farm in Allen

SE 121 & Alma Dr.

Estimates:

Office: 1,600,000 SF

Retail: 200,000 SF

Hotel: 150 Rooms

Urban Residential: 2,500 Units

Open Now

• West Lake Park • The HUB (food hall & entertainment) • Chicken N Pickle • Alta urban residential • Watters Edge townhomes • FarmWorks One Office

Coming Soon • • • •

High 5 Entertainment Additional retail & restaurants Hilton Home2 Suites Hotel Zom - Haven Active Senior Living

The Farm in Allen

FarmWorks One Office High 5

Chicken N Pickle

Residential Hotel

The HUB

Future Retail/Restaurants

FarmWorks One: Now Leasing

FarmWorks One: Class A Office Building • • • • •

Three-story 102,000-SF spec office Dedicated 4/1,000 space parking garage Walkability within The Farm district Delivered September 2024 51,000 SF available

Lead tenants: Fibergrate Composite Structures HQ Moss Construction MKA International

Brokers: Nathan Durham, Duane Henley, Newmark

Entertainment #1: Entertainment: The HUB Food Hall & Entertainment

The HUB Food Hall & Entertainment • Two story dining pavilion • 12+ restaurant concepts • Indoor/outdoor gathering space • Family-friendly community events • Multiple dining concepts • Weekly programming & events • 25’ LED screen for sports, concerts & movies • Opened in 2022

Entertainment: Chicken N Pickle • • • • • •

Now open!

Pickleball courts & yard games Chef-driven restaurant & sports bar Rooftop dining Corporate & social event spaces Indoor/outdoor center

Entertainment: High 5

• Upscale food & beverage • 24 bowling lanes & lounge • 2-story laser tag arena • Axe throwing • Event spaces & escape rooms • Miniature golf course • Coming Soon

Coming Soon!

Hilton Home2 Suites Hotel (124 rooms)

Residential Amenities:

Alta & Watters Edge at the Farm, Haven Active Senior Living

Future Kalahari Resort

Kalahari Resorts Key Properties 1.

Crestview: 60 Acres Trammell Crow

2.

Allen Gateway: 75 Acres North American Properties

3.

The Avenue: 80 Acres Thakkar Developers

4.

The Farm: 135 Acres JaRyCo Development

5.

Kalahari: 123 Acres

6.

Omnilife: 10 acres Heady Investments

7.

121 Tech Park & Mixed-Use: 75 Acres Stillwater Capital

8.

Sloan Corners: 261 Acres Billingsley Co.

4

5

Kalahari Resorts Committed to Allen • 1.2 million SF resort on 123 acres • Includes: • 900+ guest rooms • 65,000 SF conv. center • Indoor/outdoor water park & FEC • $950 million investment • 1,000 employees • Undergoing P&Z review • Construction expected to begin 2027 & open by 2030

Indoor and Outdoor Water Park

Family Entertainment Center

Business Convention Center

900+ Room Hotel

14+ Food & Beverage Outlets

Omnilife Campus Key Properties 1.

Crestview: 60 Acres Trammell Crow

2.

Allen Gateway: 75 Acres North American Properties

3.

The Avenue: 80 Acres Thakkar Developers

4.

The Farm: 135 Acres JaRyCo Development

5.

Kalahari: 123 Acres

6.

Omnilife: 10 acres Heady Investments

7.

121 Tech Park & Mixed-Use: 75 Acres Stillwater Capital

8.

Sloan Corners: 261 Acres Billingsley Co.

6 4

Omnilife Campus 72,000-SF Tech/Flex for Lease US HQ & Distribution Capital Investment of $45M Two building campus totaling 160,000 SF • 140+ Omnilife employees • Museum quality office • • • •

Broker: Blake Troiani, Holt Lunsford Commercial

Omnilife US HQ

For Lease 72,000 SF

For Lease 72,000 SF

Omnilife US HQ

Omnilife Campus under construction

121 Tech Park & Mixed-Use Key Properties 1.

Crestview: 60 Acres Trammell Crow

2.

Allen Gateway: 75 Acres North American Properties

3.

The Avenue: 80 Acres Thakkar Developers

4.

The Farm: 135 Acres JaRyCo Development

5.

Kalahari: 123 Acres

6.

Omnilife: 10 acres Heady Investments

7.

121 Tech Park & Mixed-Use: 75 Acres Stillwater Capital

8.

Sloan Corners: 261 Acres Billingsley Co.

7

4

Watters Creek & US 75

121 Tech Park & Mixed-Use SW 121 & Chelsea

Section

Estimates:

Tech/Flex:

Office:

Retail:

Townhomes:

740,000 SF

250,000 SF

30,000 SF

129 Units

121 Tech Park & Mixed-Use AEDC-Owned 10.42 Acres: Office & Retail

Townhomes

Tech/Flex Manufacturing Buildings

121 Tech Park Phase 1: 370,000 SF 55% leased Phase 2: 370,000 SF planned

Flexibility to support a larger build-to-suit

Broker: Ken Wesson, Lee & Associates

Building E: Available Now!

Chelsea Commons Townhome Construction Update: 129 units

121 Tech Park & Mixed-Use 10-acre lot owned by AEDC: Office, Retail & Restaurant

2 office buildings totaling 200,000 SF Retail Site +/- 3.5 Acres

Remainder Office/Garage Site

+/- 3.5 Acres at the corner for retail / restaurant space Central shared parking garage for ultimate build out

AEDC 10.4 Acres: Chelsea & 121

Sloan Corners Key Properties 1.

Crestview: 60 Acres Trammell Crow

2.

Allen Gateway: 75 Acres North American Properties

3.

The Avenue: 80 Acres Thakkar Developers

4.

The Farm: 135 Acres JaRyCo Development

5.

Kalahari: 123 Acres

6.

Omnilife: 10 acres Heady Investments

7.

121 Tech Park & Mixed-Use: 75 Acres Stillwater Capital

8.

Sloan Corners: 261 Acres Billingsley Co.

8

4

Watters Creek & US 75

Sloan Corners 121 & 75

Section

Estimates:

Office:

Retail:

Hotel:

Urban Residential:

6 Million SF

120,000 SF

400+ rooms

4,000 Units

Sloan Corners: West and East

Allen: 261 Acres 1st Phase:

1st Phase:

Fairview: 219 Acres

Sloan Corners: Phase 1 RETAIL

PARK (DETENTION)

PARK (RETENTION)

OFFICE

RETAIL

1A RESIDENTIAL 1B RESIDENTIAL

Art, Sculpture & Entertainment in Bravo Park Dog Parks

Sloan Corners: City Futsal

• 4 covered, enclosed fields • Hard surface & turf • Youth & adult leagues

Phase 1B Residential Phase 1A Residential Phase 1B Residential

Office Restaurant/ Retail

Futsal

Greenspace

Pond

Bravo Park

Pond

Restaurant/ Retail

Sloan Corners: Bravo Park Lake Façade

Phase 1 Urban Residential: Hartwood

Sloan Corners Phase 1: Hartwood

Sloan Corners: Future Office

Development Contact: Lucy Burns, Billingsley & Co.

SLOAN CORNERS WEST – OFFICE

Corner of Chelsea & SH 121

Billingsley Corner Site

AEDC SITE

Corner of Chelsea & SH 121

Sloan Corners: Retail on SH 121

Sloan Corners & AEDC Site: Chelsea & 121