Harvest MXD Inc. (HMXD) has been exclusively retained to execute the sale of ±4.55 acres of land located at 201 E Abram Street in Arlington, Texas (the “Property”). The Property is centrally located in the rapidly developing Downtown Arlington which is the Cultural District and Civic Center of the city, a year-round destination for music, art, culture, craft beer, dining & shopping with a remarkable sense of place. While Downtown Arlington is a local business-driven destination with over 1.7 million visitors per year, it continues to attract national retailer interest including CosMc’s, a new spinoff restaurant concept from McDonald’s that opens across the street from the Property April 8th.

Within walking distance of the Property is the largest university in North Texas, The University of Texas at Arlington (“UTA”), which enrolled over 41,000 students in 2022 alone. As one of only four Tier One Universities in Texas, UTA is also the 7th fastest growing doctoral public institutions in the United States. This ranking puts UTA in an elite group of national institutions including Harvard, MIT, and Johns Hopkins. The University continues to grow exponentially, with an economic impact on the North Central Texas Region of over $17 billion per year.

The Property is also just one mile southwest of Texas’ largest Entertainment District which is home to two world-class stadiums, the $1.3 billion AT&T Stadium and the $1.2 billion Globe Life Field, Six Flags over Texas, Hurricane Harbor, and the popular Texas Live!, a nationally recognized attraction that combines entertainment, restaurants, and hotels within an upscale, pedestrian-oriented, mixed-use environment. AT&T Stadium and Globe Life Field are home to the Dallas Cowboys and World Champion Texas Rangers where they host all their home games, as well as countless live concerts, national conventions, festivals, and cultural events.

The Property is zoned Downtown Business (DB) which allows for a mixture of uses including high-density multifamily, student housing, senior living, hotel, office and retail. There is a well-funded Tax Increment Financing District in-place to help offset the cost of infrastructure and public improvements. The Seller has owned the Property for over 26 years, and it is one of the last large contiguous sites remaining in Downtown Arlington suitable for high density mixed-use development. Due to the Property’s size and central location, future development has catalytic potential to transform the future of Downtown Arlington.