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850,000 Square Foot Regional Mall THE FUTURE OF REGENCY SQUARE: Endless possibilities PARHAM & QUIOCCASIN ROADS HENRICO (RICHMOND), VA CONCEPTUAL RENDERING

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Page 1: THE FUTURE OF REGENCY SQUARE: Endless …d2vm168j2cqfjx.cloudfront.net/wp-content/uploads/sites/...850,000 Square Foot Regional Mall THE FUTURE OF REGENCY SQUARE: Endless possibilities

850,000 Square Foot Regional Mall

THE FUTURE OF REGENCY SQUARE: Endless possibilities

PARHAM & QUIOCCASIN ROADS HENRICO (RICHMOND), VA

CONCEPTUAL RENDERING

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Although the information contained herein was provided by sources believed to be reliable, Thalhimer makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes. OWNER/AGENT CUSHMAN & WAKEFIELD | THALHIMER 2

CURRENT SELECT TENANT ROSTER

QUIOCCASIN ROAD16,000 VPDPARHAM

ROAD

35,000 VPDAlan Furs

THREE CHOPT ROAD

28,000 VPD

HENRICO COUNTY PUBLIC LIBRARY

TUCKAHOE MIDDLE SCHOOL

DOUGLAS S. FREEMAN

HIGH SCHOOL

(COMING SOON)

REGENCY SQUARE

MALL INFORMATION

Location • 1.5 miles south of I-64 at exit 181 in Richmond, VA • Located in a retail hub including Walmart, BJ’s

Wholesale, Kroger, Fresh Market, and Petco

Market Richmond MSA (1.3 million in population). Regency Square is centrally situated to attract shoppers from the most affluent residential areas in the Richmond Market. Within the center’s five-mile ra-dius the average household income is $96,311 and population of 195,950

Description Two-level, enclosed, regional center

Anchors JCPenney, Forever XXI, Sears, TJMaxx (pending) and 10-screen theater (pending)

Zoning B-3

Total Retail SF 850,000

Site Size 25.6 acres (total 47.6 acres)

Parking 4,381 spaces

Regency Square Today

EMB

EMB = Electronic Message Board

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OWNER/AGENT

RADII 1 Mile 3 Mile 5 Mile

2015 Estimated Population 11,960 82,376 195,950

2020 Projected Population 12,311 84,435 201,292

2015 Households 4,911 33,979 82,734

2020 Projected Households 5,177 35,664 86,834

2015 Average Household Income $73,527 $94,733 $96,311

2020 Projected Household Income $80,598 $104,607 $106,402

Daytime Employees 6,606 54,101 166,835

CONSUMER EXPENDITURE 1 Mile 3 Mile 5 Mile

2015 Retail Expenditure $127 M $1.04 B $2.56 B

DRIVE TIMES 7 minute 12 minute 15 minute

2015 Estimated Population 132,917 352,777 501,894

2020 Projected Population 136,446 363,744 518,384

2015 Households 56,170 151,735 212,918

2020 Projected Households 58,925 159,435 224,127

2015 Average Household Income $95,730 $87,950 $81,134

2020 Projected Household Income $105,824 $97,020 $89,159

Daytime Employees 105,035 317,458 400,311

TRADE AREA PROFILE

2015 Estimated Population 709,989

2020 Projected Population 732,520

2015 Households 293,048

2020 Projected Households 309,448

2015 Median Age 37.6

2015 Average Household Income $80,527

2020 Projected Average Household Income $88,376

D E M O G R A P H I C S

LakeChesdin

TarBay

CobhamBay

RichmondInternationalAirport

ChesterfieldCounty Airport

New KentCounty Airport

Middle PeninsulaRegional Airport

Hanover CountyMunicipal Airport

Xsa

DinwiddieCountyAirport

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460

360

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301

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Wyndham

Rockville

Montpelier

Ashland

Lakeside

Bon Air

Midlothian

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Chesdin Landing

Colonial Heights

Sutherland

Walnut Hill

Fort Lee

Hopewell

Fanwick Hills

Aylett

Center Cross

Rivers BendCHESTERFIELD

RICHMOND

Petersburg

Tuckahoe

Mechanicsville

HENRICO

GOOCHLAND

HANOVER

7 M I N U T E S 1 2 M I N U T E S 1 5 M I N U T E S

University of Richmond

VirginiaCommonwealth

UniversityState Capitol

LO C AT I O N , LO C AT I O N , LO C AT I O N

Parham Road is a major internal loop connecting I-95/I-64 with the Powhite and Chippenham Parkways, allowing easy access to both north and south of the James River with a traffic count exceeding 35,000 vehicles per day and over 50,000 VPD at the intersection.

Not only does Regency Square offer access to a close (7-minute drive time) population with average household incomes nearing $95,000 and over 100,000 in daytime population, it also offers access to five of the nation’s Fortune 1000 companies, three hospitals and the University of Richmond’s 4,350 students. VCU’s campus is within 12 minutes and adds an additional 32,000 student shoppers.

D R I V E T I M E M A P

132,9177-MINUTE POPULATION

12-Minute Population:

352,777 15-Minute Population

501,894:

518,38415 MINUTE PROJECTED POPULATION

3-MILER

AD

IUS

No. of Households:

33,979Avg. HH Income:

$94,733

$1.04 B3-MILE 2015 RETAIL EXPENDITURE

3CUSHMAN & WAKEFIELD | THALHIMER

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Although the information contained herein was provided by sources believed to be reliable, Thalhimer makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes. OWNER/AGENT CUSHMAN & WAKEFIELD | THALHIMER 4

L E V E L O N E | Existing Lease Plan

Available Space

I-64

QUIOCCASIN RD.N. PARHAM

RD.

EASTRIDGE RD.

STAR

LING

DR

.

HOLLY HILL RD.

AVAILABLE41,179 SF

(223’10” x 179’8”)

EXISTING

EXISTING

AVAILABLE50,143 SF(197’ x 255’)

K112

GardenRoom

FoodCourt

FC113405 SF

T117Brow Art847 SF

T113Red Nails & Spa

1,021 SF

S101Custom Zone

4,701 SF

S117HPDSSports

3,511 SF

S125Go! CalendarsGames & Toys

8,000 SF

S129

4,89

5 SF

S130

3,70

3 SF

S133

| 5

,931

SF

S135

6,50

0 SF

R129

2,20

1 SF

R121Uniforms Bay

5,000 SF

StorageR121A

1,062 SF

MallOffices

Elec/Maint.

R101Diamonds

Forever603 SF

Q125

DeVa

rti J

ewler

s1,

182

SF

R102

Shell

ac N

ails &

Spa

1,02

3 SF

Q1164,301 SFQ1

07Di

gita

l Life

2,27

9 SF

Q101

| 7

,127

SF

R112

A2Z

Wire

less

1,35

8 SF

R109

Luna

Bou

tqiu

e1,

358

SF

R105

| 1

,358

SF

R117

| 2

,038

SF

S145

3,89

2 SF

StorageS135A

1,179 SF

Stor

age

S140

A1,

946

SF

StorageS140D543 SF

StorageS149A181 SFStorage

S149B120 SF Storage

S149C90 SF

StorageS149D279 SF

S149

2,00

8 SF

S140

BAm

bers

Cos

met

ics1,

499

SF

S140

C2,

507

SF

StorageS117A514 SF

StorageS117B714 SF

FC115510 SF

FC117543 SF

FC12

127

3 SF

FC11

929

7 SF

FC111260 SF

FC103500 SF

FC10

3A23

6 SF

FC105489 SF

FC107598 SF

FC109528 SF

P11845,708 SF

K100

K108

K101 K102 K103 K104 K114

K107

QUIOCCASIN RD.

Level 16,000 SF

Mexican Restaurant (Pending)7,500 SF

Coffee Shop(Pending)2,763 SF

APARTMENTS (Phase II Proposed)

EMB

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Although the information contained herein was provided by sources believed to be reliable, Thalhimer makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes. OWNER/AGENT CUSHMAN & WAKEFIELD | THALHIMER 5

L E V E L T W O | Existing Lease Plan

Available Space

K2025,430 SF

K2102,222 SF

K214

| L

iberty

Tax

1,10

0 SF

K230

| R

egen

cy C

lothie

rs2,

008

SFK2

34 |

H&

R Fa

sion

925

SFK2

362,

800

SF

K238

| D

ollar

Plus

4,54

5 SF

K228A | 106 SF

K228B | 128 SF

K228C | 128 SF

K228E | 163 SF

K228D221 SF

K228 | 154 SF

K236A350 SF

K218KD Sports4,940 SF

I-64

QUIOCCASIN RD.

EASTRIDGE RD.

STAR

LING

DR

.

HOLLY HILL RD.

G21145,708 SF

N202

4,68

5 SF

M206Eyez

1,029 SF

M21

01,

414

SF

M21

5Pr

oact

ive1,

763

SF

M22

4St

ep N

Sty

le2,

449

SF

K209

Drea

mer

z Sho

es &

Coa

ts3,

300

SF

K110

M22610,500 SF

N2189,641 SF

N2261,326 SF

N222

Coco

nut J

ewelr

y1,

041

SF

N206

3,55

5 SF

StorageH202A

H202

3,54

8 SF

H208

Fun

N Ga

mes

3,05

2 SF

H2121,600 SF

H216River City

Body Jewelry1,358 SF

J23011,613 SF

H2261,114 SF J2

02St

age

31,

566

SF

J210

Galle

ry1,

278

SF

J214

1,27

8 SF

J222

959

SF

J218

Kairo

’s Ha

ir Sa

lon1,

278

SF

J226Eastern Healthcare

959 SF

K106K109

K105

H2141,481 SF

G212

| 2

,500

SF

EXISTING

EXISTING

(Pending)

AVAILABLELEVEL 2

Up To 41,179 SF (223'10" x 179'8")

LEVEL 3

(pending)

N. PARHAM RD.

QUIOCCASIN RD.

APARTMENTS (Phase II Proposed)

New Parking Deck(3-Storyies)

Coffee Shop(Pending)2,763 SF

Level 26,000 SF

Mexican Restaurant (Pending)7,500 SF

EMB

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Although the information contained herein was provided by sources believed to be reliable, Thalhimer makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes. OWNER/AGENT CUSHMAN & WAKEFIELD | THALHIMER 6

Apparel/Shoes/Accessories

Home/Gifts

Services

Food/Entertainment

I-64

QUIOCCASIN RD.

EASTRIDGE RD.

STAR

LING

DR

.

HOLLY HILL RD.

AVAILABLE41,179 SF

6,160 SF

8,000 SF

(Pending)2,763 SF

APARTMENTS (Phase II Proposed)

AVAILABLE50,143 SF

K112

Gard

enRo

om

S1173,511 SFS101

4,701 SF

S1258,000 SF

Q125

Diam

ond

Conc

epts

Cust

om J

ewelr

y4,

301

SFQ1164,301 SFQ1

072,

279

SF

S117A514 SF

S117B714 SF

K100

K108

K101 K102 K103 K104 K114

K107

N. PA

RH

AM

RD

.

N. PARHAM RD.

EMBQUIOCCASIN RD.

FC101 | 641 SF

FoodCourt

FC113405 SF

T117Brow Art847 SF

T113Red Nails & Spa

1,021 SF

FC115510 SF

FC117543 SF

FC12

127

3 SF

FC11

929

7 SF

FC111260 SF

FC103500 SF

FC10

3A23

6 SF

FC105489 SF

FC107598 SF

FC109528 SF

135A1,179 SF

140A

1,94

6 SF

140D543 SF

S149181 SFAS149B

120 SF S149C90 SF

S149D279 SF

S149

2,00

8 SF

S140

B1,

499

SF

R129

2,20

1 SF

R1215,000 SF

R121A1,062 SF

MallOffices

Elec/Maint.

R101603 SF

R102

1,02

3 SF R1

121,

358

SF

R109

1,35

8 SF

®

(Pending)

L E V E L O N E | Merchandising Plan & Parking Scheme

57 SPACES

18 SPACES

100 SPACES

212 SPACES

555 SPACES

98 SPACES

970 SURFACE SPACES514 ABOVE

EXISTING PARKING DECK

205 SPACES

NEW DECK- 3-STORY

288 SPACES

499 SPACES

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Although the information contained herein was provided by sources believed to be reliable, Thalhimer makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes. OWNER/AGENT CUSHMAN & WAKEFIELD | THALHIMER 7

L E V E L T W O | Merchandising Plan

Apparel/Shoes/Accessories

Home/Gifts

Services

Food/Entertainment

I-64

QUIOCCASIN RD.

EASTRIDGE RD.

STAR

LING

DR

.

HOLLY HILL RD.

H202A

K106

K109K105

N. PARHAM RD.

QUIOCCASIN RD.

K2093,300 SFM215

1,763 SFM224

2,449 SF

M22610,500 SF

(Pending)

(167’ x 162’)

K2082,500 SF

N202

4,68

5 SF

M20

61,

029

SFM

210

1,41

4 SF

N2261,326 SF

N222

Coco

nut J

ewelr

y1,

041

SF

N206

3,55

5 SF

J23011,613 SF

J202

1,56

6 SF

J210

1,27

8 SF

J214

1,27

8 SF

J222

| G

NC |

959

SF

J218

1,27

8 SF

J226

| 9

59 S

F

H202

3,54

8 SF

H208

3,05

2 SF

H216

1,35

8 SF

®

Up to 6,160 SF(88' x 70')

EMB

APARTMENTS (Phase II Proposed)

New Parking Deck(3-Stories)

(Pending)2,763 SF

LEVEL 2 Up To 41,179 SF

(See Inlay for ProposedSubdivision Plan)

LEVEL 3

(pending)

(Pending)

8,000 SF(Pending)

(Pending)

SUBDIVIDED PLAN - 2nd Floor

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Although the information contained herein was provided by sources believed to be reliable, Thalhimer makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes. OWNER/AGENT CUSHMAN & WAKEFIELD | THALHIMER 8

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75

75

75

7575

74

485

495

385

185

985

575

LakeChesdin

TarBay

CobhamBay

RichmondInternationalAirport

ChesterfieldCounty Airport

New KentCounty Airport

Middle PeninsulaRegional Airport

Hanover CountyMunicipal Airport

Xsa

DinwiddieCountyAirport

460460

460

360

250

250

250

360

301

301

360

360

360

360

17

17

360

360

360

360

360

460

1

1

1

1

1

1

1

1

60 6060

60

60

60

6060

60

60

60

522

522

522

522

33

33

33

33

33

33

5

5

6

616

616

38

38

36

36

106144

153

153

153

13

6

711

711

288

288

288

711

6

54

657

657

657

54

54

6

2

301

2

5

5 5

5

5

31

31

10

10

10

10

10

10

10

10

40

602

602

609

609

609

30

30

30

30

30

30

14

14

14

14

30

30

249

249

603

603 607

85

85

95

95

95

95

95

95

64

64

64

64

64

64

64

64

295

295

295

295

295

195

HighlandSprings

Wyndham

Rockville

Montpelier

Ashland

Lakeside

Bon Air

Midlothian

Powhatan

Chesdin Landing

Colonial Heights

Sutherland

Walnut Hill

Fort Lee

Hopewell

Fanwick Hills

Aylett

Center Cross

Rivers BendCHESTERFIELD

RICHMOND

Petersburg

Tuckahoe

Mechanicsville

HENRICO

GOOCHLAND

HANOVER

VIRGINIA

NORTH CAROLINA

RICHMOND, MSA LOCATION

DRIVING DISTANCE TO NEARBY CITIES

VIRGINIA STATE LOCATION

University of Richmond

L O C AT I O N

CITY TIME

RIchmond, Virginia (CBD) 7 minutes

Lynchburg, Virginia 2 hours, 3 minutes

Roanoke, Virginia 2 hours, 42 minutes

Washington D.C. 1 hour , 26 minutes

Virginia Beach, Virginia 2 hours, 2 minutes

Raleigh, North Carolina 2 hours, 41 minutes

VirginiaCommonwealth

UniversityState Capitol

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Although the information contained herein was provided by sources believed to be reliable, Thalhimer makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes. OWNER/AGENT CUSHMAN & WAKEFIELD | THALHIMER 9

The Future Vision of Regency

the possibilities are endless

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Although the information contained herein was provided by sources believed to be reliable, Thalhimer makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes. OWNER/AGENT CUSHMAN & WAKEFIELD | THALHIMER 10

C E N T E R R E N O VAT I O N & R E D E V E LO P M E N T

Regency Square is in the beginning stages of an exciting multi-million dollar renovation and redevelopment to begin first quarter of 2017. These improvements will transform the entire center and its driving patterns, creating a unique shopping, dining, and entertainment destination.

T H E V I S I O N C O M E S TO L I F E

Redesigned to attract shoppers from throughout Richmond, exciting enhancements to the center include:

• Interior renovations allowing more natural light and creating an open-air feel

• An expanded Center Court with an abundance of large, comfortable soft seating areas, a contemporary Food Court with fast casual and specialty food shops, a new Play Area, free WiFi, and charging stations

• New national and local retailers and restaurants with unique storefront facades and backlit signage

• New floor finishes, lighting, and color palettes

• Updated restrooms, family restrooms and a private nursing room

• Vibrant new streetscape along with newly configured and landscaped parking areas

• Improved center visibility, along with a new and expanded signature center entrance

• Demolition of existing entrance ramp and new signalized shared entrance with Walmart and Petco Center

Major improvements include new drive lanes to enhance access to new stores and center entrances, improved traffic flow, new landscaping and enhanced lighting.

The Future Of Regency Square: Endless Possibilities

CONCEPTUAL RENDERING: LEVEL ONE

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Although the information contained herein was provided by sources believed to be reliable, Thalhimer makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes. OWNER/AGENT CUSHMAN & WAKEFIELD | THALHIMER 11

C O N C E P T U A L R E N D E R I N G S

PROPOSED RESIDENTIAL PHASE II

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Although the information contained herein was provided by sources believed to be reliable, Thalhimer makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes. OWNER/AGENT CUSHMAN & WAKEFIELD | THALHIMER 12

P R O P O S E D I N T E R I O R R E N O VAT I O N | First Floor

CHILDREN’S PLAY AREA CONCEPT

LOUNGE AREA CONCEPT

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Although the information contained herein was provided by sources believed to be reliable, Thalhimer makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes. OWNER/AGENT CUSHMAN & WAKEFIELD | THALHIMER 13

P R O P O S E D I N T E R I O R R E N O VAT I O N | Second Floor

CLERESTORY CONCEPTTHEATER CONCEPT

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Although the information contained herein was provided by sources believed to be reliable, Thalhimer makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes. OWNER/AGENT CUSHMAN & WAKEFIELD | THALHIMER 14

L E V E L O N E | Renovation Ideas & Inspiration

CONCEPT FIRST FLOOR PLAY AREA LAYOUT

CONCEPT FIRST FLOOR LOUNGE LAYOUT

F I R S T F LO O R LO U N G E C O N C E P T S

Build a modern, welcoming lounge area inclusive of comfortable seating, natural light, and space to relax and take a breather from shopping.

F I R S T F LO O R P L AY A R E A C O N C E P T S

Upgrade children’s play area to include enticing climbing features, bright, bold colors, and kid-friendly themes.

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Although the information contained herein was provided by sources believed to be reliable, Thalhimer makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes. OWNER/AGENT CUSHMAN & WAKEFIELD | THALHIMER 15

CONCEPT SECOND FLOOR LAYOUT

CONCEPT SECOND FLOOR CLERESTORY LAYOUT

L E V E L T W O | Renovation Ideas & Inspiration

C L E R E S TO R Y C O N C E P T S

Create open areas with high ceilings that bring in an abundance of natural light. Incorporate live plantings to bring an outdoor feel to an indoor mall.

S E C O N D F LO O R C O N C E P T S

Maintain open, common areas and incorporate comfortable seating and intriguing visual decor. Create a sense of calm by bringing in natural elements like water features, fire places, and plantings.

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Although the information contained herein was provided by sources believed to be reliable, Thalhimer makes no representation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes. OWNER/AGENT CUSHMAN & WAKEFIELD | THALHIMER 16

Although the information contained herein was provided by sources believed to be reliable, Thalhimer makes no repre-

sentation, expressed or implied, as to its accuracy and said information is subject to errors, omissions or changes.

L E A S I N G

CONNIE JORDAN NIELSEN (804) 697 3569

[email protected]

NICKI JASSY (804) 697 3433

[email protected]

PAM STRIEFFLER (804) 697 3481

[email protected]

S P E C I A LT Y L E A S I N G

MARY WARREN (804) 740 1518

[email protected]

G E N E R A L M A N A G E R Steve Bonniville (804) 740 1518

[email protected]

Regency Square 1420 N. Parham Road

Richmond, Virginia 23229 (804) 740 7467