michigan city, indiana · residents living within the 45-mile radius of michigan city, including...

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MICHIGAN CITY, INDIANA

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Page 1: MICHIGAN CITY, INDIANA · residents living within the 45-mile radius of Michigan City, including the markets of South Bend, Fort Wayne, and Kalamazoo. Perfectly situated to capture

MICHIGAN CITY, INDIANA

Page 2: MICHIGAN CITY, INDIANA · residents living within the 45-mile radius of Michigan City, including the markets of South Bend, Fort Wayne, and Kalamazoo. Perfectly situated to capture
Page 3: MICHIGAN CITY, INDIANA · residents living within the 45-mile radius of Michigan City, including the markets of South Bend, Fort Wayne, and Kalamazoo. Perfectly situated to capture

PROPERTY OVERVIEW

Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016).

LIGHTHOUSE PLACE PREMIUM OUTLETS®

MICHIGAN CITY, IN

MAJOR METROPOLITAN AREAS

South Bend: 50 milesChicago, IL: 60 milesGrand Rapids, MI: 120 miles

RETAIL

GLA (sq. ft.) 455,000; 120 stores

OPENING DATES

Opened 1987Expanded 1988, 1991, 1994, 1995, 1997

RADIUS POPULATION

15 miles: 132,617 30 miles: 564,208 45 miles: 4,083,324

AVERAGE HH INCOME

30 miles: $63,066

SELECT TENANTS

adidas, American Eagle Outfitters, Ann Taylor Factory Store, Banana Republic Factory Store, Bath & Body Works, Calvin Klein, Carter’s, Coach, Columbia Sportswear, Eddie Bauer Outlet, Gap Outlet, GUESS Factory Store, Gymboree Outlet, Hollister Outlet, J.Crew Factory, LOFT Outlet, Michael Kors Outlet, Movado Company Store, Nike Factory Store, The North Face, Old Navy, Polo Ralph Lauren Factory Store, Puma, Tommy Hilfiger, Under Armour, Vera Bradley

TOURISM / MAJOR ATTRACTIONS

Local and nearby attractions include the Blue Chip Casino, Hotel & Spa; Lake Michigan beaches and marinas; the Indiana Dunes National Lakeshore; zoo and museums; orchards; antique shops; and more. The area is home to one of only two lighthouses in Indiana. Lighthouse Place Premium Outlets is located within one mile of the largest Lake Michigan beach resort in Indiana. Nearly seven million people reside within a 60-mile radius of the center. Over five million tourists visit the Michigan City area each year.

MARKET OVERVIEW

Lighthouse Place Premium Outlets is the closest outlet center for residents living within the 45-mile radius of Michigan City, including the markets of South Bend, Fort Wayne, and Kalamazoo. Perfectly situated to capture the high volume of traffic flowing from Chicago en route to Lake Michigan resorts, the center is a major shopping destination for visitors. The center is in convenient proximity to several universities, including Notre Dame, Valparaiso, IU South Bend, and Holy Cross.

LOCATION / DIRECTIONS

Intersection of 6th & Wabash Streets, Michigan City, Indiana

— From Chicago: Take I-94 to Exit 34B— From Michigan: Take I-94 to Exit 40— From South Bend: Take I-80/90 to Exit 39

294

9094

65

9080

Illin

ois

Indi

ana

Chicago

94

Michigan Blvd.6th Street

Fran

klen

St.

Wab

ash

Michigan City

MichiganMichiganIndianaIndiana

421

LAKE MICHIGAN

94

9080

12

35

20

421

L A K E M I C H I G A N

LIGHTHOUSE PLACE PREMIUM OUTLETSMICHIGAN CITY, IN

Page 4: MICHIGAN CITY, INDIANA · residents living within the 45-mile radius of Michigan City, including the markets of South Bend, Fort Wayne, and Kalamazoo. Perfectly situated to capture

MASTER PLAN

W. M

ICH

IGA

N B

LVD

.

NORTH

NIKE FACTORY STORE

COLUMBIA SPORTSWEAR

DRESSBARN

POLO RALPH LAURENFACTORY STORE

VF OUTLET

COACH

AMERICANEAGLE

OUTFITTERS

OLD NAVY

REEBOK

GAP OUTLET

W. 8

TH S

T.

WABASH ST.

Page 5: MICHIGAN CITY, INDIANA · residents living within the 45-mile radius of Michigan City, including the markets of South Bend, Fort Wayne, and Kalamazoo. Perfectly situated to capture

AERIAL OVERVIEW

W. 8

th S

T.

WABASH ST.

LIGHTHOUSE PREMIUM OUTLETS

NORTH W. 6

th S

T.

US20

Page 6: MICHIGAN CITY, INDIANA · residents living within the 45-mile radius of Michigan City, including the markets of South Bend, Fort Wayne, and Kalamazoo. Perfectly situated to capture

SURROUNDING AREA CENTERS

Simon Centers Competition

Northlake

ong Grove Northbrook

Woodridge

Crete

Willow Springs

Irwin

Palos Park

Matteson

Elmhurst

merton

Oak Brook

University Park

urg

Bensenville

Papineau

Indian Creek

ok

Merrionette Park

Phoenix

Golf

Hometown

Chebanse

Orland Park

Sun River Terrace

eights

Kenilworth

Knollwood

Highwood

Lemont

East Hazel Crest

St Anne

Harwood Heights

Clifton

Third Lake

Heights

HinsdaleIndian Head Park

Park Forest

ark

Orland HillsPosen

Forest View

Park City

rmont

North Riverside

Momence

Broadview

Rosemont

Norridge

er

Clarendon Hills

Sammons Point

sville

Peotone

Ford Heights

Elmwood Park

Burnham

Stickney

Aroma Park

ke Park

Limestone

Summit

River Grove

Lincolnwood

Hodgkins

Olympia Fields

Beecher

Glenwood

Evergreen Park

Willowbrook

Grant Park

Hopkins Park

Riverdale

Winnetka

Riverwoods

Burbank

Prospect Heights

Monee

ildeer

illa Park

ndenhurst

Winthrop Harbor

Wood Dale

Manteno

asca

Morton GroveWilmette

Mettawa

Heights

ng Meadows

Oak Forest

anhattan

Ellyn

Lansing

Beach Park

Bradley

Calumet City

North Chicago

Oak Lawn

Antioch

bertyville

Bourbonnais

Wadsworth

Elk Grove Village

Lockport

Gurnee

e

Kankakee

Frankfort

New Lenox

Lake Forest

lle

Chicago

Burket

Indian Village

Sidney

Macy

San Pierre

Mount Ayr

Monterey

Fulton

Claypool

Koontz Lake

Leesburg

Francesville

Nappanee

Michiana Shores

La Paz

Salt Creek Commons

Akron

Medaryville

Etna Green

La Crosse

Kewanna

MilleKingsbury Lakeville

Silver Lake

Mentone

New Chicago

SchneiderCulver

Kingsford Heights

Hamlet

Hanna

Bourbon

North Liberty

Star City

Rolling Prairie

ArgosNorth Judson

Morocco

Milford

Kouts

Laketon

Michigan City

South Haven

Aberdeen

Shelby

New Paris

Lakes of the Four SeasonsWanatah

Osceola

Winamac

Lake Dalecarlia

Ogden Dunes

Fish Lake

Hebron

Roselawn

Walkerton

New Carlisle

Syracuse

Wakarusa

Hudson Lake

Bremen

Westville

Whiting

Winona Lake

North Manchest

De Motte

Bristol

Middlebury

Rensselaer

Knox

Lake Village

Simonton Lake

Dunlap

Lowell

Rochester

Beverly Shores

Dyer

Porter

Plymouth

Chesterton

Cedar Lake

Bass Lake

St John

La Porte

Warsaw

Valparaiso

East Chicago

Goshen

Mishawaka

Crown Point

Elkhart

Granger

Hobart

Portage

Merrillville

South Bend

Gary

Galien

Shoreham

Marcellus

Niles

Breedsville

Baroda

Eau Claire

Coloma

Three Oaks

Vandalia

Berrien Springs

Gobles

Stevensville

Edwardsburg

Bloomingdale

Watervliet

New Troy

Hartford

Decatur

Lawrence

Bangor

Otsego

Cassopolis

Lawton

Buchanan

Paw Paw

Benton Heights

MattawaLake Michigan Beach

Fair Plain

Dowagiac

St Joseph

13

2

34

5

6

7

8

10

12

9

1114

9

34

613

712

10

5

211

14

8

1

15 MILES

30 MILES

45 MILES1 Lighthouse Place Premium Outlets®2 Clybourn Galleria3 Concord Mall4 Erskine Village5 Ford City Mall6 Heritage Square7 Lincoln Mall8 Marquette Mall9 The Orchards Mall

10 River Oaks Center11 The Shops at North Bridge12 Southlake Mall13 University Park Mall14 Water Tower Place

Page 7: MICHIGAN CITY, INDIANA · residents living within the 45-mile radius of Michigan City, including the markets of South Bend, Fort Wayne, and Kalamazoo. Perfectly situated to capture

OTHER RETAIL

SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Marquette Mall Michigan City, IN 515,000 sf Carson’s, Sears 3 miles / 10 minutes

Southlake Mall Merrillville, IN 1,121,000 sf Carson’s, JCPenney, Macy’s, Sears 30 miles / 45 minutes

The Orchards Mall Benton Harbor, MI 625,000 sf Carson’s, JCPenney 35 miles / 50 minutes

River Oaks Center Calumet City, IL 1,193,000 sf Macy’s, JCPenney 35 miles / 50 minutes

University Park Mall Mischawaka, IN 919,000 sf Macy’s, JCPenney, Sears 38 miles / 50 minutes

Concord Mall Elkhart, IN 600,000 sf Carson’s, JCPenney 45 miles / 1 hour

Chicago Ridge Mall Chicago Ridge, IL 854,000 sf Carson’s, Sears 47 miles / 1 hour

Orland Square Orland Park, IL 1,230,000 sf Carson’s, Macy’s, JCPenney, Sears 50 miles / 1 hour 10 minutes

OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME

Chicago Premium Outlets® Aurora, IL

688,000 sf Saks Fifth Avenue OFF 5TH 95 miles / 2 hours

Page 8: MICHIGAN CITY, INDIANA · residents living within the 45-mile radius of Michigan City, including the markets of South Bend, Fort Wayne, and Kalamazoo. Perfectly situated to capture

60 Columbia Road Building B 3rd Floor Morristown, NJ 07960 (973) 228-6111 premiumoutlets.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).