Brochure - The Music Factory
the music factory las colinas’ newest entertainment destination For Retail Leasing Information Call Noah Lazes 704.987.0612 [email protected] For Office Leasing Information Call Matthew Schendle 972.663.9634 [email protected] John Fancher 972.663.9690 [email protected] THE MUSIC FACTORY THE MUSIC FACTORY project overview Located just north of O’Connor between US Highway 114 and Las Colinas Boulevard in Irving, Texas, The Music Factory is DFW’s newest entertainment venue. Slated to open in early 2016, this project is primed to be an all-in-one dining and entertainment destination for DFW residents and tourists alike. The centerpiece of the project is a state-of-the-art, 8,000-seat, indoor/outdoor concert hall, which will be operated by a best-in-class international concert promoter and will serve as a venue to 250+ events annually. The project also features a 50,000 sf plaza with a stage that will play host to fashion shows, farmers markets, food festivals and more events throughout the year. In its first phase, the project will offer 193,500 square feet of entertainment retail and restaurant space, including a movie theater, comedy club and 20+ restaurant options. It also features 100,000 square feet of office in the first phase. THE VISION Envision an entertainment experience totally unique to DFW...Go hear a band at the music hall, then swing in for an aprés concert drink at one of several pubs; have a few laughs at a comedy club or see the latest blockbuster in a state-of-the art theater; celebrate a special occasion with an upscale meal at a swanky new eatery or just grab a quick slice of pizza for lunch. The Music Factory is a one-stop-shop for a fun night out on the town and a perfect daytime diversion from the doldrums of office life. THE MUSIC FACTORY IN THE HEART OF DFW The Music Factory is positioned at the North East quadrant of US Highway 114 and Las Colinas Boulevard, and adjacent to the Irving Convention Center in the Las Colinas area of Irving, Texas. The site is a short 20 minutes from Downtown Dallas and 7 miles from the bustling DFW airport. 60 minute drive Daytime Population 3,118,683 Population 6,456,916 Population 2019 *(projected) 6,456,916 Average Income $83,190 % HH w/ income above $75,000 38.8% Educated w/ Bachelor Degree or Greater 21.8% AREA DRIVE TIMES 20 min. 45 min. 60 min. THE MUSIC FACTORY LAS COLINAS SUBMARKET The Music Factory is located in the Las Colinas area of Irving, Texas, one of DFW’s strongest office markets. There is currently 25.7 million square feet of office space and another currently 236,000 under construction. Irving is home to the global headquarters of Fortune 500 & 1000 companies including ExxonMobil, Kimberly-Clark, Fluor, Commercial Metals, Michaels Stores, Pioneer Natural Resources and Zale Corporation. Las Colinas also boasts 12,895 multi-family units in 34 apartment projects with another 2,604 units under construction. The City of Irving offers an impressive selection of over 75 area hotels, with an impressive 11,500 rooms within 7 miles. VARIABLE 1 mile 3 miles 5 miles Total Daytime Population 7,197 75,584 246,127 Total Population 8,019 80,638 261,063 Average HH Income $109,077 $81,159 $67,883 Median age 31.8 31.8 31.3 THE MUSIC FACTORY TOURISM & CONVENTIONS Irving is home to more than 2,000 corporations and 400 corporate headquarters. As such, the city is busy with business travelers all week long. The city of Irving welcomes nearly three million visitors each year, generating approximately $1.24 billion in visitor spending. IRVING CONVENTION CENTER AT LAS COLINAS The Music Factory is located adjacent to the City of Irving’s new $133 million Irving Convention Center at Las Colinas. Completed in 2011, the Irving Convention Center is 275,000 square feet and offers almost 100,000 square feet of meeting and exhibit space. Plans for phase two of the project includes a hotel with restaurants and retail shops. HOTELS The City of Irving offers an impressive selection of over 75 area hotels, with an impressive 11,500 rooms within 7 miles. There are 26 luxury/business class hotels in Las Colinas with a total of 4,200 rooms. Las Colinas’ five full-service hotels include the Dallas Marriott Las Colinas, NYLO Las Colinas, Omni Mandalay Hotel Las Colinas, Wyndham Hotel Las Colinas and the Four Seasons Resort and Club, the state’s only AAA Five-Diamond hotel and the site of the PGA Tour’s annual Byron Nelson Championship. IRVING CONVENTION CENTER AT LAS COLINAS Designed by RMJM Hillier Architecture, the building’s unique architecture, vertical design, and interior finishes create a new niche in the convention center experience. THE MUSIC FACTORY ACCESS, PARKING & SIGNAGE DART The site is serviced by the DART Orange Line and is adjacent to the newly opened Irving Convention Center Station. The DART Orange Line is 14 miles, has 5 stations, and transports 2,300 daily riders. By December 2014 the Orange line will be expanded out to DFW Airport. LAS COLINAS PEOPLE MOVER The Las Colinas Area Personal Transit System (APT) will have a station on the site, allowing for easy access to and from the business center of Las Colinas. PARKING • 4,200 dedicated parking spaces for retail & restaurants • 15+ valet stands throughout the project SIGNAGE The approved signage package for this project includes more signs than appear in the entire Las Colinas area combined! This package has been unprecedented in its approvals. THE MUSIC FACTORY The Pavilion at the Music Factory The Pavilion at the Music Factory converts easily from an intimate 4,000seat concert hall to an 8,000-seat amphitheater and will be the centerpiece of the entire development. It is an innovative and groundbreaking concept developed to ensure the maximum number of events are produced at the venue each year. the music factory Site pLAN Entertainment/ Restaurants Restaurants/ Retail Entertainment/ Restaurant Stage Concert Hall Interior Restaurants/ Retail Entertainment/ Restaurants Entertainment/ Restaurants Retail Restaurants Restaurants/ Retail Restaurants Restaurants/ Retail Restaurants Restaurants/ Retail THE MUSIC FACTORY RENTABLE AREA I LEVEL 1 THE MUSIC FACTORY RENTABLE AREA I LEVEL 2 the music factory 25,000 sF office floor plate office Lobby 1,266 spaces Parking Garage THE MUSIC FACTORY VALET the music factory teAm The Music Factory is the creation of the North Carolinabased ARK Group. The ARK Group’s extensive experience in the real estate and entertainment industries have helped them put together a rockstar team for The Music Factory, including: • • • • • Developer: ARK Group Architects: Gensler Construction: Balfour Azteca Office Leasing: Cushman & Wakefield Entertainment/Retail/Restaurant Leasing: ARK Group
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