business card die areathe pier park property is irreplaceable real estate located on the florida...
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BUSINESS CARD DIE AREA
225 West Washington Street Indianapolis, IN 46204 (317) 636-1600 simon.com
Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).Information as of 5/1/16 PANAMA CITY BEACH, FLORIDA
A BEACHSIDE PARADISE
Pier Park is ideally situated to attract tourists, who are the top economic driver in Panama City Beach.
— Pier Park, which is adjacent to a public pier on the Gulf of Mexico, captures 92% of the visitors that vacation on Panama City Beach.
— Across from the mall is an amphitheatre with capacity for 7,500 people and a major amateur and youth sports complex that local and visiting organizations use all year round.
— Since Pier Park opened in 2008, Panama City Beach has undergone a tremendous transformation. Tourist activity has been rising steadily and has led to a stronger local economy. The population within a ten-mile radius of Pier Park grew by 48% over the past decade.
A PREMIER DESTINATION
Pier Park is the unofficial downtown of Panama City Beach and the area’s leading destination for shopping, dining, and entertainment.
— The focus of Pier Park’s Town Center is fashion and traditional retailers with popular anchors.
— Pier Park’s boardwalk area continues to see new attractions and entertainment options, including the largest movie theater and the only IMAX in Bay County.
— The prime gulf-view property encompasses more than 100 acres.
Anchored by Three Department StoresDillard’s, JCPenney, Target
Square FootagePier Park spans 896,000 square feet.
Single LevelBoasting more than 120 retailers.
Restaurants16 quick-service eateries. 15 sit-down restaurants.
BY THENUMBERS
Trendy. Chic. Fun.
Many fine brands have chosen Pier Park as their preferred location in Panama City Beach.
— Chico’s — Flip Flop Shops — Forever 21 — Francesca’s — The Grand Theatre/IMAX — LOFT — Old Navy — ULTA Beauty
IN GOODCOMPANY
ENGAGINGDINING AND ENTERTAINMENTPier Park attracts tourists with a delicious selection of dining and entertainment options.
— With 15 sit-down restaurants to choose from, Pier Park offers something for every appetite, including seafood, traditional American, Italian, a Japanese steakhouse, and more. Just a few of the favorites include Jimmy Buffett’s Margaritaville, Hofbrau Beer Garden, and The Back Porch Seafood & Oyster House.
— Quick counter-service eateries include Dickey’s BBQ Pit, Panera Bread, Chipotle Mexican Grill, Five Guys Burgers and Fries, and more.
— The outstanding selection of entertainment options include Pier Park Rides (an eight-ride outdoor amusement park), The 7D Experience, Dave & Buster’s, Lazer Maze/Lazer Craze, Tootsie’s Orchid Lounge, and The Grand Theatre/IMAX, the largest movie theater and the only IMAX in Bay County.
— Pier Park hosts several large-scale events each year that attract locals and tourists alike including Mardi Gras, Pirates of the High Seas Fest and the New Year’s Eve Beach Ball Drop which draw crowds in excess of 20,000 people.
POSITIONEDTO SUCCEED
Source: SPG Research; trade area demographic information per STI: PopStats (2015).
The Pier Park property is irreplaceable real estate located on the Florida Panhandle in Panama City Beach.
— Pier Park is conveniently located between Front Beach Road and US 98, two major roads running through Panama City Beach.
— The center is also easily accessible from Northwest Florida International Airport.
2015
2020
182,561
198,327
20152020
73,63080,287
2020 $66,5322015
2015
$60,650
83,680
2015 $177,167
DESTINATIONSHOPPING
As Panama City’s hub for shopping, dining and entertainment, Pier Park has become the top destination on the Florida Panhandle.
— Panama City Beach attracts 11 million tourists annually who spend $1 billion.
— Each day, 5,000 tourists visit the area, and tourists stay an average of three nights.
— Peak months for tourism are March, June, July, and August.
— Most tourists travel by car from southeastern states, such as Alabama, Tennessee, Georgia, Texas, Kentucky, and Indiana.
— In 2016, AAA named Panama City Beach one of its Top Spring Travel Destinations.
Alford
Bagdad
Bonifay
Callaway
Caryville
Cedar Grove
Chipley
Cinco Bayou
Cottondale
Crestview
De Funiak Springs
Destin
EbroEglin AFB
Freeport
Hiland Park
Laguna Beach
Lake Lorraine
Lower Grand Lagoon
Lynn Haven
Mexico Beach
lton
Miramar Beach
Niceville
Panama City Beach
Parker
Ponce de Leon
Pretty Bayou
Spring eld
Tyndall AFB
Upper Grand Lagoon
Valparaiso
VernonWausau
Wright
2
5
3
4
Northwest FloridaBeaches International Airport
Gulf of Mexico
15
10
10
TRADE AREA BOUNDARY
6
1
7
N0 10
MILES
TRADE AREA & COMPETITION
Simon CentersCompetition
MILES
98
1 Pier Park 2 Destin Commons 3 Grand Boulevard Town Center 4 Panama City Mall
5 Pier Park North 6 Santa Rosa Mall 7 Silver Sands Premium Outlets
AERIAL OVERVIEW
US 98 / SR 30A
POWELL ADAMS DR.
FRON
T BEACH RD.
JIMMY BUFFETT'SMARGARITAVILLE
RON JONSURF SHOP
OLIVEGARDEN
LONGHORNSTEAKHOUSE
RUBYTUESDAY
DILLARD'S
JCPENNEY
THE GRAND THEATRE
TARGET
DICK'SLAST RESORT
PIER PARK
MARSHALLS
GULF OF MEXICO
POMPANOJOE’S
WEST PARK DR.
PIER PARK DR.
AARON BESSANT PARK& AMPHITHEATER
THE BACK PORCHSEAFOOD & OYSTER HOUSE
HILTON DR.
REGIONSBANK
FOREVER 21
WALMARTSUPERCENTER STORE
OLD NAVY
DAVE & BUSTERS
OSAKA JAPANESERESTAURANT
SOUTHEAST AERIAL VIEW
N
SITE PLAN
OLD
US
98 /
FRO
NT
BEA
CH
RD
.
W. PARK DR.
POWELL ADAMS RD.
PIER PARK DR.
STINGRAY DR.
HIL
TON
DR.
AARON BESSANTCITY PARK ANDAMPHITHEATER
GULF OF MEXICO
DILLARD’S
TARGET
JCPENNEY
RON JON SURF SHOP
POMPANO JOE’S
JIMMY BUFFETT’SMARGARITAVILLE
MARSHALLS
RUBY TUESDAY
LONGHORNSTEAKHOUSE
OLIVE GARDEN
REGIONS BANK
OLD NAVY
THE BACK PORCHSEAFOOD &OYSTER HOUSE
FOREVER 21
OSAKA JAPANESESTEAK HOUSE
DAVE & BUSTER’S
THE GRAND 16 THEATRE AT PIER PARK
US 9
8 / B
AC
K BE
AC
H R
D.
KEYDEPARTMENT STORESANCHOR STORESRESTAURANTSRETAILTHEATEROUTLOTS
SITE PLAN
N
UNIQUE OPPORTUNITY
Pier Park presents a unique opportunity for your brand.
Please contact the following leasing professional for more information.
Ryan Backs (317) 263-7007 [email protected]