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REDEVELOPMENT CONCORD MALL CONCORD MALL 4737 Concord Pike (Route 202) Wilmington, New Castle County, DE

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Page 1: REDEVELOPMENT - MSC Retail · REDEVELOPMENT CONCORD MALL 4737 Concord Pike (Route 202) Wilmington, New Castle County, DE

REDEVELOPMENTCONCORD MALLCONCORD MALL4737 Concord Pike (Route 202)Wi lmington, New Cast le County , DE

Page 2: REDEVELOPMENT - MSC Retail · REDEVELOPMENT CONCORD MALL 4737 Concord Pike (Route 202) Wilmington, New Castle County, DE

reDevelopment Overview

• Large scale redevelopment of prime locatedregional mall

• Located in sales tax exempt Delaware,directly across the Pennsylvania state line

• Full interior and exterior renovations

Developed, owned & managed by an affiliate

of Allied Retail Properties

reDevelopment Overview

Planned for a 2019 Delivery

2 / Concord Mall Redevelopment

Page 3: REDEVELOPMENT - MSC Retail · REDEVELOPMENT CONCORD MALL 4737 Concord Pike (Route 202) Wilmington, New Castle County, DE

Renderings

Average household incomebased on the trade area.*

3 / Concord Mall Redevelopment

Page 4: REDEVELOPMENT - MSC Retail · REDEVELOPMENT CONCORD MALL 4737 Concord Pike (Route 202) Wilmington, New Castle County, DE

1908.09.17 19NEW ENTRY OPTION 02

Renderings

The approximate number of people in the Delaware Valley Metropolitan area.

The number of people within the trade area.*

4 / Concord Mall Redevelopment

Page 5: REDEVELOPMENT - MSC Retail · REDEVELOPMENT CONCORD MALL 4737 Concord Pike (Route 202) Wilmington, New Castle County, DE

708.09.17 7NORTHWEST ENTRY PERSPECTIVE 03

IN PROGRESS

1108.09.17 11SOUTHWEST ENTRY PERSPECTIVE 07

IN PROGRESS

908.09.17 9NORTHWEST ENTRY PERSPECTIVE 05

IN PROGRESS

Renderings

Approximate number of employees in the trade area.*

212,000212,000

5 / Concord Mall Redevelopment

Page 6: REDEVELOPMENT - MSC Retail · REDEVELOPMENT CONCORD MALL 4737 Concord Pike (Route 202) Wilmington, New Castle County, DE

Trade Area

Trade Area definedby MSC Retail:

6 / Concord Mall Redevelopment

Page 7: REDEVELOPMENT - MSC Retail · REDEVELOPMENT CONCORD MALL 4737 Concord Pike (Route 202) Wilmington, New Castle County, DE

proposed site plansproposed site plans

Page 8: REDEVELOPMENT - MSC Retail · REDEVELOPMENT CONCORD MALL 4737 Concord Pike (Route 202) Wilmington, New Castle County, DE

Proposed Site Plan

Junior Anchor±15,000 S.F.

Junior Anchor±22,000 S.F.

Junior Anchor±22,000 S.F.

BONEFISH GRILL 5895 S.F.

NEW MALLENTRANCENEW MALL

ENTRANCE

GROCER

±30,000 SF

PROPOSED

PROPOSED PROPOSED PROPOSED

LOADINGLOADING

Available

Existing Retail

1,000 - 25,000 SF AVAILABLE

ALLIED PROPERTIES8 / Concord Mall Redevelopment

Page 9: REDEVELOPMENT - MSC Retail · REDEVELOPMENT CONCORD MALL 4737 Concord Pike (Route 202) Wilmington, New Castle County, DE

market overviewmarket overview

Page 10: REDEVELOPMENT - MSC Retail · REDEVELOPMENT CONCORD MALL 4737 Concord Pike (Route 202) Wilmington, New Castle County, DE

Situated directly off I-95 with convenient access to regional road

networks, Concord Pike (Route 202) and the Wilmington, DE area

have become one of the most sought after retail corridors in the

Delaware Valley in recent years.

Taking advantage of Delaware’s tax free shopping, out of state

customers flock to the market in droves driving retail demand.

On the immediate local level, large employers like JP Morgan supply

the abundant daytime population that supports the robust lunch

business and supplements daily shopping traffic. Additionally, the

area is surrounded by a dense and diverse residential population

providing nights and weekend traffic helping to make Concord Pike/

Wilmington a true seven day retail destination.

WILMINGTON, DEWILMINGTON, DE

10 / Concord Mall Redevelopment

Page 11: REDEVELOPMENT - MSC Retail · REDEVELOPMENT CONCORD MALL 4737 Concord Pike (Route 202) Wilmington, New Castle County, DE

Regional OverviewALLIED PROPERTIES

Direct distance to King of Prussia Mall

20 miles

Direct distance to Christiana Mall

13 miles

20 m

iles

13 m

iles

Christiana Mall

King of Prussia Mall

11 / Concord Mall Redevelopment

Page 12: REDEVELOPMENT - MSC Retail · REDEVELOPMENT CONCORD MALL 4737 Concord Pike (Route 202) Wilmington, New Castle County, DE

ROUTE

92

ROUTE

202

INTERSTATE

495

INTERSTATE

95

Silverside Road 18,968 AADT

Naamans Road 31,258 AADT

Grubb Road

87,436 AADT

15,211 AADT

50,895 AA

DT

Northtowne PlazaShopping Center

Branmar Plaza

Brandywine Town Center

Concord Square

Market Square

Fairfax Shopping Center

TalleyvilleShopping Center

Brandywine Commons

Brandywine Commons II

Concord Gallery

with Gas

F & N Shopping Village

Marsh Road Shopping Center

Concord Mall

ALLIED PROPERTIES Market Overview12 / Concord Mall Redevelopment

Page 13: REDEVELOPMENT - MSC Retail · REDEVELOPMENT CONCORD MALL 4737 Concord Pike (Route 202) Wilmington, New Castle County, DE

FRESH. BOLD. REIMAGINED.

Page 14: REDEVELOPMENT - MSC Retail · REDEVELOPMENT CONCORD MALL 4737 Concord Pike (Route 202) Wilmington, New Castle County, DE

The information contained herein has been obtained from sources deemed reliable. MSC cannot verify it and makes no guarantee, warranty or representation about its accuracy. Any projections, opinions, assumptions or estimates provided by MSC are for discussion purposes only and do not represent the current or future performance of a property, location or market.

For leasing inquiries, contact:

Andrew Shpigel | Retail [email protected]

215.568.2600 x715

Michael Salove | Founding Principal & [email protected]

215.568.2600 x717

Douglas Green | Managing [email protected]

215.568.2600 x718

1845 Walnut Street, 6th Fl | Philadelphia, PA MSCretail.com | @MSC_Retail