Site Analysis(2)

The gross land area is a 4 acre. And, the condo is a 4 story building with 220,000sf, net leasable area. The number of total units is 143. There will be 291 total parking spaces(over 2 cars per unit). There are 6 types of units such as one bedroom(700sf), one bedroom(745sf), one bedroom(1,000sf), two bedroom(1,100sf), two bedroom(1,295sf), two bedroom(1,300sf). This condo will have a court yard, business center, lounge, fitness center, swimming pool.

property maps

The City of Carrollton was ranked 12 by the Forbes among the America's 25 best place to move in 2009. In the most vibrate area in the center of Carrollton city, the 1100 trinity mils is about to be built. 

This condo has big locational benefit. 

Location

Super H-mart next to 1100 Trinity Mills

The condo is right next to the H-mart that is the biggest asian mart in Texas. According to the former manager of this H-mart in Carrollton, the weekly revenue is over 1million. On weekend, the parking lot is full of cars. The capacity of this parking lot is over 1,000 cars. Around this H-mart, big asian town was formed which has restaurants, hospitals, dentals, CPA and lawyer offices, bar and Karaoke, book store. It means that this condo is the best place to live for asians. That is why the condo's developer is targeting the segment of asian residents. 

And, this condo is right next to 191 toll road. And, it is very convenient to access to 35E. Also, DART station, Trinity station, is within 2 miles. 

Raiford Project

 One more thing to consider for site analysis is the Raiford project. Carrolton city has plan to change the area around the condo to mixed use development site. This is the Raiford project. This area already have Wal-mart, Lowe's, Spa Castle(luxury spa and hotel, the biggest building in Carrolton). Hotel, residence, office, street shopping mall will be built according to this Raiford project. Carrolton city support this condo project on many aspects. 

Spa Castle(the biggest spa in Texas)

Summary

- 4 acre land, 4 story, 220,000sf(net leasable area), 143units, 291 parking space, 6types units.

-Carrolton city is 12 ranked best place to live

-Right next to the biggest asian mart in Texas and big asian town.

-near 191 toll road, 35E, DART station

-The Center of Raiford project