phase ii coming spring 2016 - jll property of... · epitome of upward mobility live in large,...
TRANSCRIPT
![Page 1: Phase II coming Spring 2016 - JLL Property of... · Epitome of upward mobility Live in large, luxurious homes Devote free time to family, travel and self-improvements pursuits](https://reader033.vdocument.in/reader033/viewer/2022052102/603be29e3e626d749115ce1b/html5/thumbnails/1.jpg)
W E S T C H E S T E R , O H I O | R E G I O N A L R E T A I L D E S T I N A T I O N
2 0 0 , 0 0 0 S F e x p a n s i o n
Phase II coming....
Spring 2016
![Page 2: Phase II coming Spring 2016 - JLL Property of... · Epitome of upward mobility Live in large, luxurious homes Devote free time to family, travel and self-improvements pursuits](https://reader033.vdocument.in/reader033/viewer/2022052102/603be29e3e626d749115ce1b/html5/thumbnails/2.jpg)
R E T A I L
Kroger
Walmart
Costco
Target
Kohls
Meijer
Shopping Center
A.A.D.T.
Bridgewater FallsBed Bath & Beyond
JCPenneyDick’s
TJ MaxxBest Buy
Target
W E S T C H E S T E R , O H I O
Voice of America Ctr Target
MichaelsTJ Maxx
Tri-County MallDillard’sMacy’sSears
113,939 AADT19,680 AADT
28,894 AADT
19,050 AADT42,000 AADT
118,003 AADT
136,670 AADT
POPULATION573,677 persons live within 10-miles of Streets of West Chester**. The Streets of West Chester is surrounded by a very strong business population with a daytime population of 361,186 within 10-miles.
HOUSEHOLD INCOMEThe average household income within a 5-mile radius is $82,596 and is projected to grow by 10.5% to $91,642 by 2017. **The average household income in zip code 45069 (West Chester) is $93,186.
CONSUMER EXPENDITUREConsumer expenditures on apparel, footware and jewelry alone exceed $403 million annually (10-mile radius).
EMPLOYERSWest Chester is home of the national headquarters for AK Steel, GE Aviation’s Engineering Divisions and more.
**Esri - 2012, Updated March 2013
We s t C h e s t e r M S A F a c t s
West Chester Township, formerly known as Union Township, is a township located in the southeast corner of Butler County in the southwestern part of the U.S. state of Ohio. One of thirteen townships in the county, it is situated between Sharonville and Liberty Township about 18 miles (29 km) north of Cincinnati, and is included in the Cincinnati Metropolitan Area. Exits 19, 21 and 22 off Interstate 75 serve West Chester. It is the most populous township in Ohio, with a population at the 2010 census of 60,958.[1][2]
75
275
75
275
![Page 3: Phase II coming Spring 2016 - JLL Property of... · Epitome of upward mobility Live in large, luxurious homes Devote free time to family, travel and self-improvements pursuits](https://reader033.vdocument.in/reader033/viewer/2022052102/603be29e3e626d749115ce1b/html5/thumbnails/3.jpg)
IKEA said they “were attracted to the super-regional draw that this location in West Chester allows...West Chester was the best choice to call home.” * They welcome 36,000 shoppers every weekend! At the end of 2013, Bass Pro Shops purchased about 22 acres just south of the Streets of West Chester for its new store. As a part of the new store, Civic Centre Boulevard will be extended to Allen Road, which crosses over Interstate 75 to IKEA, a major retail draw in the region.
West Chester is the hottest office market in Cincinnatiwith Phase I of North Pointe office complex offering 400,000 sf of Class A, and Phase II an additional 300,000 sf.
Office workers spend about $195 per week on all expenses associated with going to/returning from work.
The average weekly spend on all goods and services by office workers in close vicinity of the person’s office building is $102.
The national average spend on goods and services is $129.18 per week; this amount soars to $146.52 per week in suburban areas.
* Provided by the West Chester Economic Development Committee Source: International Council of Shopping Center report, Office Worker Retail Spending in a Digital Age
West Chester Top Reasons
BloomburgsNewest additions to the suburbsBusy, affluent, young familiesMedian Age 33.8Highest concentration of two income householdsHome ownership is 88 percentTop segment for buying household furnishings, toys, games, TVs and cars
Sophisticated SquiresCultured country life on the urban fringeMostly married couple familiesMedian Age is 38.4 yearsMedian home value is $230,33380% of households own at least two vehiclesLike to barbeque
Up and Coming FamiliesYoung, affluent families with younger childrenMedian Age is 31.9Beginning their careersFirst-time homeownersEat out at family restaurants or buy fast food
Suburban SplendorFamilies who live in growing suburban neighborhoodsMarried couple both with and without childrenMedian Age 41.6Epitome of upward mobilityLive in large, luxurious homesDevote free time to family, travel and self-improvements pursuits
Aspiring Young FamiliesYoung, startup families with our without childrenMedian Age is 30.5Focused on family and homeGo online to look for jobs and to make purchasesPlay video games, watch TV and eat out
C o n s u m e r P r o f i l e S e g m e n t s
![Page 4: Phase II coming Spring 2016 - JLL Property of... · Epitome of upward mobility Live in large, luxurious homes Devote free time to family, travel and self-improvements pursuits](https://reader033.vdocument.in/reader033/viewer/2022052102/603be29e3e626d749115ce1b/html5/thumbnails/4.jpg)
• The Streets of West Chester is ideally located on Interstate-75, just two miles north of Interstate 275 at the Union Centre Boulevard interchange
• This project is a regional destination site capturing the explosive Northern Cincinnati area
• Tenants include AMC West Chester 18-screen Movie Theatre, Jos A Banks, Chico’s, Barnes & Noble, LOFT, J.Jill and more
• Restaurants include Bravo Italian, Mitchell’s Fish Market, P.F. Chang’s, Panera Bread, Red Robin, Steak N Shake, Smokey Bones and Champps
• The site provides excellent access and highway visibility
• Growing residential and office market features strong demographics
• Population within a 5-mile radius is 116,282 and 573,677 within a 10-mile radius
• Traffic counts of 42,000 cars on Union Centre Blvd. and 118,000 cars on Interstate-75
T H E D E V E L O P M E N T
Site Area: 110 Acres
Total GLA: 167,638 SF
Parking: 1,468 Spaces
![Page 5: Phase II coming Spring 2016 - JLL Property of... · Epitome of upward mobility Live in large, luxurious homes Devote free time to family, travel and self-improvements pursuits](https://reader033.vdocument.in/reader033/viewer/2022052102/603be29e3e626d749115ce1b/html5/thumbnails/5.jpg)
T H E E X P A N S I O N
Join Key Retailers
“Attracted to the super-regional draw that this location in West Chester allows...West Chester was the best choice to call home.
IKEA - Provided by the West Chester Economic Development Committee
Bass Pro Shops chose this development for its unmatched regional location; we consider this ground zero for Greater Cincinnati and Dayton.
Mike Dunham, Bass Pro Shops
“Streets of West Chester
Phase I
Proposed
![Page 6: Phase II coming Spring 2016 - JLL Property of... · Epitome of upward mobility Live in large, luxurious homes Devote free time to family, travel and self-improvements pursuits](https://reader033.vdocument.in/reader033/viewer/2022052102/603be29e3e626d749115ce1b/html5/thumbnails/6.jpg)
P H A S E I L E A S E P L A N
Tenant Unit Size
Available 9442 4,500
Available 9443 3,000
Available 9448-B 1,660
Available 9437-B 4,500
AMC West Chester 18 9415 82,000
Barnes & Noble 9455 25,000
Bravo! Cucina Italiana 9436 7,752
Chico’s Fashions 9439 2,603
J. Jill 9446 4,000
Jos A Bank 9440 4,000
LOFT 9450 6,000
Management Office 9448-A 1,000
Mitchells Fish Market 9456 7,500
Available 9437-A 1,500
PF Chang’s 9435 7,123
Sleep Number 9441 3,000
Smari Designs 9444 2,500
9455
9439
9435
9441
9443
9437
B
945
6
945
0
A
9448
-B 9
446
944
4
944
2
944
0
943
6
9435
9437
A
![Page 7: Phase II coming Spring 2016 - JLL Property of... · Epitome of upward mobility Live in large, luxurious homes Devote free time to family, travel and self-improvements pursuits](https://reader033.vdocument.in/reader033/viewer/2022052102/603be29e3e626d749115ce1b/html5/thumbnails/7.jpg)
CIVIC CENTRE BLVD
ALLEN ROAD
VILLAGE CENTRE AVE.
0 TOLGDLBKRAPKRAP0 TOLKRAP
DATE: 555 Gest StreetCincinnati, Ohio 45203Tel: (513) 455-5005Fax: (513) 455-5008
STREETS OF WEST CHESTER06/23/2015
K4 ARCHITECTURE, LLC
SITE PLANSCALE: 1" = 100'-0"
OUTLOT #1 - 6,591 SF BUILDING SHOWNPARKING SPACES = 150GREENSPACE: 26%
OUTLOT #2 - 12,000 SF BUILDING SHOWNPARKING SPACES = 115GREENSPACE: 25%
OUTLOT #3 - 7,000 SF BUILDING SHOWNPARKING SPACES = 132GREENSPACE: 25%
OUTLOT #4- 10,000 SF BUILDING SHOWNPARKING SPACES = 129GREENSPACE: 25%
TOTAL PARKING SPACES = 526TOTAL LOT: 9.94 ACRESTOTAL IMPERVIOUS SURFACE: 7.42 ACRES
FILE LOCATION : X:\2013 Projects\2013 K4 Architecture\13-2006 Streets of West Chester- Retail Development\Design\ PLOT DATE: Jun 29, 2015-5:02PM
FILENAME: 2015 06-23 - 13-2006 - Streets of West Chester.dwg
THIS
DO
CU
MEN
T, A
ND
TH
E ID
EAS
AN
D D
ESIG
NS
INC
OR
POR
ATE
D H
EREI
N, I
S TH
E PR
OPE
RTY
OF
K4
AR
CH
ITEC
TUR
E, L
.L.C
. AN
D IS
NO
T TO
BE
USE
D, I
N W
HO
LE O
R IN
PA
RT,
FO
R A
NY
OTH
ER P
RO
JEC
T,W
ITH
OU
T TH
E W
RIT
TEN
AU
THO
RIZ
ATI
ON
OF
K4
AR
CH
ITEC
TUR
E, L
.L.C
. C
OPY
RIG
HT
2013
: K
4 A
RC
HIT
ECTU
RE,
L.L
.C. A
LL R
IGH
TS R
ESER
VED
NORTH
4,500 sf
P H A S E I I L E A S E P L A N
Proposed Top Golf and Main Event and available outparcels with 3,200 - 11,000 sf for restaurants/retail space remaining for lease.
![Page 8: Phase II coming Spring 2016 - JLL Property of... · Epitome of upward mobility Live in large, luxurious homes Devote free time to family, travel and self-improvements pursuits](https://reader033.vdocument.in/reader033/viewer/2022052102/603be29e3e626d749115ce1b/html5/thumbnails/8.jpg)
For leasing information contact
312 Walnut Street, Suite 3030Cincinnati, OH 45202
Melissa Ruther + 1 513 477 1858
jll.com/retail
coming....Spring 2016
Although information has been obtained from sources deemed reliable, Owner, Jones Lang LaSalle, and/or their representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the Property without express or implied warranties of any kind. The Property may be withdrawn without notice. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement.©2015. Jones Lang LaSalle. All rights reserved.