11301-11329 katy freeway

11301-11329 KATY FREEWAY
Katy Freeway Plaza Retail Redevelopment
SI T E HIGH LIGHTS
• Just outside the Beltway in West Memorial /
Energy Corridor trade area
• More than 300ft of frontage on the Katy
Freeyway (I-10)
• At an exit and just before entrance to I-10
• Direct access off Wilcrest exit & just before
an entrance to I-10
DE MOGRA PHI CS
POPULATION
AVG. HH INCOME
1 Mile
10,941
$128,097
3 Mile
106,960
$101,377
5 Mile
296,355
$94,626
EMPLOYEES
1 Mile
9,964
3 Mile
75,391
5 Mile
210,545
BUSINESSES
991
6,457
16,528
The information contained in this presentation, while based upon data supplied by
the owner and from other sources deemed reliable, is subject to errors, omissions
and commissions and is not in any way warranted by Braun Enterprises. The property
shown in this presentation is subject to prior lease, change in price, or removal from
market at any time without notice.
11301-11329 KATY FREEWAY
Katy Freeway Plaza Retail Redevelopment
SI T E HIGH LIGHTS
Katy Freeway Plaza is located on the south side of Katy Freeway between Wilcrest and Kirkwood, within Houston’s Energy Corridor as shown on the
following maps. Its location is surrounded by other retail businesses and traffic generators. Nearly 800,000 employed persons and more than 33%
of all Houston area architects and engineers live within a 30 minute commute zone of The Energy Corridor.
Recognized as a model for leading-edge urban design, The Energy Corridor is a master-planned business district of unmatched energy and momentum.
This forward-thinking community is home to several of the largest international energy companies in the world, as well as 300 multi-national, national,
and local companies. With an educated workforce comprised of more than 84,000 employees, The Energy Corridor is the third largest employment
center in the region and one of Houston’s premiere areas for an active, healthy lifestyle.
Nestled in a lush suburban environment, the Energy Corridor attracts the positive energy of executives and young professionals who desire an
exceptional quality of life. One that balances promising work opportunities with the recreational advantages of over 50 miles of biking, hiking trails,
and bayous.
Over 75% of the community’s nearly 19 million square feet of office space is class A. More importantly, The Energy Corridor is destined to be a central
focus of Houston’s economic growth for years to come. Over 1.3 million square feet of retail space is expected to grow to 2.9 million by 2030 while
office space is projected to increase by an additional 10.7 million square feet.
Retail and restaurants benefit greatly from the expansive growth occurring in Houston’s Energy Corridor and west Houston. Combined with more than
200,000 cars per day on Katy Freeway, this location is more than above average - it is exceptional.
11301-11329 KATY FREEWAY
Katy Freeway Plaza Retail Redevelopment
P ROVID ED SQUARE FOOTAG E
TOTAL SQUARE FOOTAGE:
15,108 SF
JAMES FITCH
[email protected]
713-541-0066 x25
T RA F FIC COUNTS
BRAUN ENTERPRISES
Beltway 8 EAST of site:
203,749 CPD
3217 Montrose Boulevard
I-10 NORTH of site:
180,370 CPD
Houston, Texas 77006
The information contained in this presentation, while based upon data supplied by
the owner and from other sources deemed reliable, is subject to errors, omissions
and commissions and is not in any way warranted by Braun Enterprises. The property
shown in this presentation is subject to prior lease, change in price, or removal from
market at any time without notice.
p: 713.541.0066
f: 713.541.0661
www.braunenterprises.com
11301-11329 KATY FREEWAY
Katy Freeway Plaza Retail Redevelopment
11301-11329 KATY FREEWAY
Katy Freeway Plaza Retail Redevelopment
11301-11329 KATY
FREEWAY
Executive Summary
Katy Freeway Plaza Retail Redevelopment
11309 Katy Fwy, Houston, Texas, 77079
Rings: 1, 3, 5 mile radii
Latitude: 29.7841
Longitude: -95.5822
1 mile
3 mile
5 mile
Population
2000 Population
2010 Population
2014 Population
2019 Population
2000-2010 Annual Rate
2010-2014 Annual Rate
2014-2019 Annual Rate
2014 Male Population
2014 Female Population
2014 Median Age
13,347
13,226
13,537
14,286
-0.09%
0.55%
1.08%
48.7%
51.3%
104,167
102,769
105,429
111,861
-0.14%
0.60%
1.19%
49.1%
50.9%
261,992
285,731
297,062
318,054
0.87%
0.92%
1.37%
49.2%
50.8%
38.1
37.2
35.4
In the identified area, the current year population is 297,062. In 2010, the Census count in the area was 285,731. The rate of change since
2010 was 0.92% annually. The five-year projection for the population in the area is 318,054 representing a change of 1.37% annually from
2014 to 2019. Currently, the population is 49.2% male and 50.8% female.
Median Age
The median age in this area is 38.1, compared to U.S. median age of 37.7.
Race and Ethnicity
2014 White Alone
2014 Black Alone
2014 American Indian/Alaska Native Alone
2014 Asian Alone
73.2%
66.1%
58.2%
7.7%
10.3%
14.8%
0.4%
0.5%
0.5%
10.5%
9.3%
10.7%
2014 Pacific Islander Alone
0.0%
0.1%
0.1%
2014 Other Race
5.3%
10.4%
12.1%
2014 Two or More Races
2014 Hispanic Origin (Any Race)
2.9%
3.3%
3.6%
21.4%
29.9%
33.5%
Persons of Hispanic origin represent 33.5% of the population in the identified area compared to 17.5% of the U.S. population. Persons of
Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from
different race/ethnic groups, is 79.4 in the identified area, compared to 62.6 for the U.S. as a whole.
Households
2000 Households
4,973
41,323
108,986
2010 Households
4,881
41,376
118,364
2014 Total Households
4,966
42,344
122,609
5,214
44,888
131,249
2019 Total Households
2000-2010 Annual Rate
2010-2014 Annual Rate
2014-2019 Annual Rate
Executive Summary
11309 Katy Fwy, Houston, Texas, 77079
Rings: 1, 3, 5 mile radii
2014 Average Household Size
-0.19%
0.01%
0.83%
0.41%
0.55%
0.83%
0.98%
1.17%
2.72
2.49
Latitude: 1.37%
29.7841
Longitude: -95.5822
2.41
1 mile
3 mile
5 mile
The household count in this area has changed from 118,364 in 2010 to 122,609 in the current year, a change of 0.83% annually. The fiveMedian
Household
Income
year projection of households is 131,249, a change of 1.37% annually from the current year total. Average household size is currently 2.41,
2014 Median
Household
Income
$87,169
$68,644
$56,483
compared
to 2.41
in the year
2010. The number of families in the current year is
72,818 in the specified area.
2019 Median Household Income
$105,044
$86,076
$72,010
2014-2019 Annual Rate
Average Household Income
2014 Average Household Income
2019 Average Household Income
2014-2019 Annual Rate
Per Capita Income
2014 Per Capita Income
2019 Per Capita Income
2014-2019 Annual Rate
3.80%
4.63%
4.98%
$119,053
$143,827
3.85%
$101,184
$121,331
3.70%
$88,114
$105,770
3.72%
$43,932
$52,861
3.77%
$40,610
$48,664
3.68%
$36,445
$43,739
3.72%
Households by Income
Current median household income is $56,483 in the area, compared to $52,076 for all U.S. households. Median household income is
projected to be $72,010 in five years, compared to $59,599 for all U.S. households
Data Note: Income is expressed in current dollars
Current
average
household
income
is $88,114
this
area, compared
$72,809
for all U.S.
households.
Average
household income is
Source:
U.S. Census
Bureau,
Census 2010
Summary
File 1.in
Esri
forecasts
for 2014 andto2019.
Esri converted
Census
2000 data into
2010 geography.
projected to be $105,770 in five years, compared to $83,937 for all U.S. households
September 22, 2014
Current per capita income is $36,445 in the area, compared to the U.S. per capita income of $27,871. The per capita income is projected to
be $43,739 in five years, compared to $32,168 for all U.S. households
©2014 Esri
Page 1 of 2
Housing
2000 Total Housing Units
5,334
44,021
117,787