Willow Bend, Plano s largest mall at 1.2 million sq. ft.

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Georgina Norton
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1 KNOW THE NEW

2 WILLOW BEND PLANO, TEXAS. One of the nation s most affluent markets with a population growing at twice the national average, and an average annual household income exceeding $110,000. STARWOOD. A powerhouse in global real estate, renowned for discipline and innovation, and now a fresh veteran in retail properties, owning and operating 30 malls in 16 states. THE NEW WILLOW BEND. Ranked in the top 100 US malls, and undergoing a $100 million redevelopment to elevate its status from simply wonderful to beyond sensational.

3 KNOW WOW Willow Bend, Plano s largest mall at 1.2 million sq. ft. The only Neiman-Marcus in north Dallas, in-demand fashion, the world s leading brands of cosmetics and premier home furnishings $100M redevelopment, adding more than 100K sq. ft. of merchandising, 200K sq. ft. of office space and 175 hotel rooms New access off the frontage road of the Dallas North Tollway leading to a stunning new dining-focused front entrance Ideally located at the epicenter of north Dallas

KNOW WHERE Plano, Texas the star child of the Lone Star state Household income $112,700 52% above the US average A population growth rate that is twice the national

4 KNOW WHERE Plano, Texas the star child of the Lone Star state Household income $112,700 52% above the US average A population growth rate that is twice the national average thanks to a vibrant influx of businesses and corporate headquarters, and a relatively low cost-of-living Consumer retail spend trends 30% 40% above the national average

California Metreon Northridge Mall Parkway Plaza Plaza West Covina Solano Town Center Colorado Belmar Connecticut Blue Back Square Florida The Mall at Wellington Green Westland Mall Georgia The

5 California Metreon Northridge Mall Parkway Plaza Plaza West Covina Solano Town Center Colorado Belmar Connecticut Blue Back Square Florida The Mall at Wellington Green Westland Mall Georgia The Collection at Forsyth KNOW HOW Illinois Chicago Ridge Mall Louis Joliet Mall The Arboretum of South Barrington The Promenade Bolingbrook Indiana Southlake Mall Kentucky Hamburg Pavilion Our current portfolio Michigan Fairlane Town Center The Mall at Partridge Creek Montana Rimrock Mall North Carolina Northlake Mall Nebraska Gateway Mall Ohio Belden Village Mall Franklin Park Mall Great Northern Mall Soutpark Mall Texas The Shops at Willow Bend Virginia Macarthur Center Stony Point Fashion Park Washington Capital Mall Kitsap Mall Starwood Retail Partners is a division of Starwood Capital Group, a privately held, global real estate firm with deep expertise in development and acquisitions, and a long history of savvy management Strategically invests in high-potential centers that are broad-based and poised for growth Makes substantive improvements with a long-term focus Endorses a symbiotic leasing approach Currently owns 30 properties in 16 states with an eye toward deliberate, strategic growth

6 KNOW THE NEW MERCHANDISING PROFILE SITE PLANS ARCHITECTURAL RENDERINGS DEMOGRAPHICS WILLOW BEND

President, Neiman-Marcus A Re-imagined Willow Bend New east entrance presents The

Building on a Strong Base Currently 149 stores, 1.

Neiman-Marcus in north Dallas High performing Macy s and Dillards Fashion and tech

Arden and Apple An elite collection of the most select home furnishings in north

Barrel, Mitchell Gold + Bob Williams, Restoration Hardware and Z Gallerie An

the tollway, including road signs in both directions Direct access off the Dallas

Mixed use improvements include the addition of up to 175 hotel rooms and up to

7 MERCHANDISING PROFILE Willow Bend is an important part of our Dallas market strategy, and we are excited about the new growth in this area Ginger Reeder, Vice President, Neiman-Marcus A Re-imagined Willow Bend New east entrance presents The Room: a restaurant / entertainment district unlike anything else in north Dallas Building on a Strong Base Currently 149 stores, 1.2 million square feet of retail space and 6,800 parking spaces The only Neiman-Marcus in north Dallas High performing Macy s and Dillards Fashion and tech leaders include H&M, Anthropologie, Brooks Brothers, Banana Republic, MAC, Elizabeth Arden and Apple An elite collection of the most select home furnishings in north Dallas a market defined by new housing and population growth including Crate & Barrel, Mitchell Gold + Bob Williams, Restoration Hardware and Z Gallerie An additional 104,720 square feet of retail / restaurant space Enhanced visibility from the tollway, including road signs in both directions Direct access off the Dallas North Tollway frontage road feeds traffic right into Willow Bend s new front door Mixed use improvements include the addition of up to 175 hotel rooms and up to 200,000 square feet of Class-A office space, all of which will increase sustainable, daily foot traffic New ownership = new attitude: a broadbased and inclusive leasing strategy

New, direct access into the mall s PROPOSED SITE LEVEL delivers 1 re-imagined eastplan: entrance you to a magnetic, restaurant-driven environment SITE PLANS E N LAR G E D A R E A : EAST ENTRY L 2

8 New, direct access into the mall s PROPOSED SITE LEVEL delivers 1 re-imagined eastplan: entrance you to a magnetic, restaurant-driven environment SITE PLANS E N LAR G E D A R E A : EAST ENTRY L 2 East Entrance Level 2 B216 9,000 C201 3,844 C202 3,444 B215 7,538 C204 2,699 PARKING STRUCTURE C203 4,577 THREE LEVELS B214A 1,394 C207 1,025 C208 1,200 B214 6,545 B1 1,8 27A 00 C209 5,800 SU NG FOREVER 21 B121 38,154 LOBBY B212 4,659 C211 2,898 ST OR AG E/E LE C. VA LL ET C216 2,234 RT NEW RETAIL B208 4,508 45,770 RM. FC FC BACK OF HOUSE AREAS D 80 0 CHICK-FIL-A ZUZU MEXICAN MAUI WOWI FC103 FC105 FC CHICK-FIL-A A120B A120A SONIC A120C 300 GELATO DI LORENZO A WETZEL'S PRETZEL'S A120D 253 STORAGE A114 1,385 A120E 418 AMERICAN EAGLE OUTFITTERS A122 5,500 11,580 PARKING STRUCTURE 2,4 D D130 1,252 D129 1,375 A1 1,8 01B 30 BR OW AY KW AR OP AN PL W. C101 1,326 EN D1 04 PR OV EN CE D1 DIV 03 A L'O CC ITA NE GO 89 2 PA TI O RS7 7,840 C104A 866 C106 3,500 C108 1,141 C105A 603 Ideal Site, New Vision B117 2,204 RS STORIES 217 ROOMS 132,860 RS4 6,030 B113 6,540 EXTG RETAIL 473,620 54,820 ET NEW ENTERTAINMENT RS5 6,040 ideal platform for redevelopment RT Mall is being re-oriented to show a more B112 4,634 4,130 PUBLIC AREAS PUBLIC TOILETS parking spaces, Willow Bend provides an C114 2,210 B115 5,345 R At 1.2 million square feet, with 6,800 C112 2,200 B116 3,200 RS NEW RESTAURANT MAIN MALL ENTRY B101 1,281 visible face to the heavily trafficked Dallas VALET / DROP-OFF A108 12,231 North Tollway B BACK OF HOUSE AREAS B108 1,200 B B107 4,500 B105A 426 B101A 965 RT A completely new east entrance creates a B105 1,588 RS1 3,610 B B B RS2 5,180 RS3 5,190 social scene with restaurants and nightlife, C120 9,542 and a magnetic entrance into the mall C121A 2,458 C122 2,372 Expansion and redevelopment includes C Class-A office space and premier hotel NEW HOTEL 8 STORIES, 217 ROOMS, 132,860 NEW OFFICE 6 STORIES, 188,830 NEW RETAIL C Six-story, Class-A hotel with 175+ rooms C107 1,071 C109 1,146 45,770 THREE LEVELS D Eight-story upscale C103A 1,098 M 6 STORIES 188,830 PARKING STRUCTURE office building C102 1,411 W NEW OFFICE district (see site plans details) R105 C100 4,574 O entrance and restaurant C103 2,000 C106A 436 RT NEW RETAIL B The Room, new east 21, ,000 THREE LEVELS C104 2,000 NEW HOTEL the Dallas North Tollway on adjacent page for 150,000 THREE LEVELS PA TI O CA LIF KIT OR CH NIA 5,0 D1 EN PIZ ZA C105 4,578 H STORAGE C128 2,212 frontage road alongside MAIN ELEC. RM. 1,9 D E N L A R G ED AREA: EAST ENTRY L 1 B117A 747 MA NA ST GE OR ME AG NT 3,5 D1 E AR OF EA FIC E RE HA ST RD OR AT 12 D1 WA ION,82 08 RE 1 1,1 D CO SIG LL NA EC TU 3,0 D1 TIB RE LE S B121 38,154 RS3 5,190 1,0 D1 AR T 23 BACK OF HOUSE AREAS East Entrance Level 1 RS2 5,180 SE PH OR A PR 9,9 D1 OP OS ED MITCHEL GOLD + BOB WILLIAMS D114 8,000 LE NS CR 3,9 D1 AFTW RS TU SC AN Y JE 1,4 A1 WE LE RS C223 5,263 SW EE T D1 FA CT 5 OR Y BR OO KS 3,5 D1 TO NE WETZEL'S PRETZELS A119A 300 D133 2,159 D132 1,319 D131 1,497 PUBLIC TOILETS RS1 3,610 LU HA SH CO ND FR SM MA ES C1 ET H ICSDE 1 TEAVANA A VITAMIN WORLD D115 1,210 A225 5,000 10,310 AP C1 PL 9,5 AP 20 E 42 PL 9,5 C1 E BO C1 2,4 21ASE 58 ZA LE S JE 2,3 C1 WE LE RS RT4 11,430 THREE LEVELS JANIE AND JACK D116 1,400 RS3 1,550 RS1 1,470 AM ER D1 ICA 52 17A N CO 6 OK IES C217 12,244 GR EA T RS2 1,550 PUBLIC AREAS BEATH & BODY WORKS A120 3,000 THINGS REMEMBERED A118 1,467 VERIZON WIRELESS A112 1,744 EXPRESS / EXPRESS MEN A115 7,500 GARDEN STRIDE RITE D117 1,111 B202 4,144 JUSTICE A113 3,600 6,040 RT2 CR AB TR B1. & EV 4 EL IN Z GALLERY A110 12,000 GYMBOREE A110A 2,155 4,130 RT2 6,910 EVERYTHING BUT WATER A111 1,524 ET NEW ENTERTAINMENT BE 4,5 B1 BE JO HN ST ON 1,5 B1 & MU RP HY 90 7 H B204 8,000 CO BR BEST BUY MOBILE LL IGH B109 EC TO 800 1,2 B1 TIB N LE S LID B1 S TH E 96 01A AR 5 T OF B1 SH OR AV 6 IGI ING B1 NS 03 ELEC. ROOM B.O.H. B MAC B101 1, ,820 RS9 B205 1,826 MADE IN NY PIZZA FC SONIC FC CE LL AIR A1 IS WE 5 LL LIV A1 E WE 25 LL RS NEW RESTAURANT 5,450 PUBLIC TOILETS Willow Bend from the RS5 6,030 ATHLETA PROPOSED B112 4,634 Z GALLERIE A108 12,231 PHIL'S PHILLY GRILL FC GN C 473,620 RT1 10,860 B107B 460 YEUNG'S LOTUS EXPRESS FC SW AR A1 OV 23 SK I PUBLIC AREAS EXTG RETAIL RS4 B113A 1,264 RO OM AQUA SHOP R102 11,270 R B207 1,499 7,800 HOLLISTER CO. B113 6,540 FC ,130 RS6??? C114 2,210 M R101 7,411 ET NEW ENTERTAINMENT A Direct access into C112 2,200 SKECHERS B116 3,200 FINISH LINE PROPOSED B115 5,345 D1 1, B208A 1,575 Property Overview C1 1,0 03A 98 TORRID PROPOSED B117 2,204 APPLE STOR. B117A 747 R103B 881 W SU INT NG ER LA NA SS B1 TIO HU 01 NA T L 6 STORIES 188,830 ET1 10,390 RS5 1,600 B A 6 NEW OFFICE STARBUCKS R103A ,220 RS4 1,500 54,820 O C215 1,499 C A 6 C105A ,620 8 STORIES 217 ROOMS 132,860 C214 1,949 BA RE MI D1 NE 1,3 02 RA LS 21 EXTG RETAIL NEW HOTEL R RS NEW RESTAURANT H B210 9,900 AV A1 EDA 24 45,770 HA 4,5 C1 LL MA RK FO OT LO 3,5 C1 CK ER SOHO C109 1,146 6 STORIES 188,830 GAMESTOP C107 1,071 M C108 1, NEW OFFICE C106A 436 W O 90 0 B211 1,101 O RT NEW RETAIL AM Y'S C C213 2,181 8 STORIES 217 ROOMS 132,860 EL DO IZA OR BE SA TH LO AR 4,5 C1 N ANDE N D RE SP D A 71 1 NEW HOTEL PA TI O H A VIC TO RY 1,3 C1 NA IL SP A LA 1,4 C1 SS ICE SC RU BS 2,0 C1 ST BL YL SU OO E PP MI LY NG BE 2,0 C1 & SA AU LO TY N DALLAS NORTH TOLLWAY C210 4, ,000 THREE LEVELS AS IAN 1,9 B1 ST AR RD LEVA L BOU EL HIL CHAP B212 4,659 45,770 NEW RESTAURANT NEW ENTERTAINMENT EXISTING RETAIL 54,820 4, ,620 with possible restaurant and salon amenities on the west side of the mall

The Room defines a social environment not yet seen in north Dallas a destination dining and entertainment district fronting a large and vibrant shopping venue.

materials are regionally authentic, creating a comfortable, approachable atmosphere specifically geared toward local appeal Trellis defines the district, offering warmth in

Roundabout valet drop-off punctuates the dramatic new mall entrance Adaptable design provides for street fairs, public events and concerts Second-story terrace creates a

9 The Room defines a social environment not yet seen in north Dallas a destination dining and entertainment district fronting a large and vibrant shopping venue. ARCHITECTURAL RENDERINGS From Mall to Magnificent Grand entrance defines a destination dining & entertainment district: The Room Contemporary design and native building materials are regionally authentic, creating a comfortable, approachable atmosphere specifically geared toward local appeal Trellis defines the district, offering warmth in color and coolness in shade Cascading trellis and dramatic lighting offer high visibility from the tollway Cobbled street slows traffic and pedestrian vibe to a village pace Roundabout valet drop-off punctuates the dramatic new mall entrance Adaptable design provides for street fairs, public events and concerts Second-story terrace creates a cityscape of outdoor patios and entertainment spaces with birds-eye views of pedestrian traffic below Having a great mall to begin with enables Starwood to focus all its resources on additive improvements

A modern and regionally authentic trellis design defines the area, provides welcomed shade, and cascades

Far-reaching Retail Building on a sound foundation of flagship and market-leading retailers, Starwood is

The endgame here will Clockwise from above Second story terrace offers birds-eye view of the cityscape

embellishes the Crate & Barrel plaza on the west Dramatic illumination makes The Room, a beacon of

10 A modern and regionally authentic trellis design defines the area, provides welcomed shade, and cascades downward to present a branded facade with tollway visibility. Far-reaching Retail Building on a sound foundation of flagship and market-leading retailers, Starwood is broadening the merchandising profile of Willow Bend. The endgame here will Clockwise from above Second story terrace offers birds-eye view of the cityscape below Flagship retail in sync with the local culture A signature restaurant with al fresco dining embellishes the Crate & Barrel plaza on the west Dramatic illumination makes The Room, a beacon of excitement at the new Willow Bend comprise mid-to-high end offerings that serve and appeal to the robust and diverse nature of this thriving urban zone. It will be a composite that is unique, essential and irresistible to north Dallas.

11 America s best place to move Forbes Second in the country s largest homes realtor.com Willow Bend by the Numbers Radial data on population, households and businesses Fourth hottest zip code in real estate yahoo.com WITHIN 3 MILES OF WILLOW BEND WITHIN 5 MILES OF WILLOW BEND WITHIN 10 MILES OF WILLOW BEND Population 2015 estimate 128, ,926 1,055, projection 136, ,987 1,127,735 % growth 6.5% 6.6% 6.9% DEMOGRAPHICS Households 2015 estimate 61, , , projection 65, , ,534 % growth 7.3% 7.3% 7.1% Average Household Income 2015 estimate $98,946 $99,332 $96, projection $104,544 $104,973 $101,908 Business & Employment business establishments 6,260 16,950 58,900 daytime employment 66, , ,990 Education % college educated 81% 80% 75% Source: The Nielsen Company Location, Location, Location 30 minutes from DFW, the third busiest airport in the world The center of north Dallas population boom Framed by three major highways One Wealthy Mile Within one mile of Willow Bend, by 2020: $145,600 will be the average household income 43% will earn more than $100,000 nearly one third will earn more than $150,000 Family Focused 40% of Plano s households have children under age 18 Exemplary school district, awarded the highest rating for Superior Achievement Young & Diverse Median age in Plano is 38 58% white, 18% Asian, 14% Hispanic Intelligent Consumers 45,400 students enrolled in local colleges and universities 80% Plano residents are college educated 21% Plano residents hold an advanced degree double the national average Vigorous Spending Plano expenditures trending 30%- 40% above US for apparel, household furnishings, restaurants, and entertainment A Proliferating Plano Plano household growth trending double national average (40% from 2000 to 2020) Plano average household income projected to exceed $121,000 by 2020 More than 145,000 vehicles per day travel the Dallas North Tollway 140 hotels with more than 17,000 rooms within ten miles Visitors That Stay & Spend Travelers economic impact of $570 million in Plano in 2014 Collin County ranks 8th in the state for visitor spending More than 12 million business visitors to the metro area annually Average length of stay is three nights High Density, High Potential Over 210,000 daytime workers and 319,000 residents (51% female) within five miles of Willow Bend 80% occupy white collar positions A City That Means Business World-class business parks with excellent amenities More than 8,000 businesses and global headquarters Pro-business environment fostering exploding growth now and in coming years Recent business relocation and expansion projects, including Toyota, Liberty Mutual, FedEx, Hilti, Capital One, Aligned Energy and UBS, have absorbed more than three million sq. ft. Over 3,500 acres available for commercial development Fortune 1000 headquarters include JCPenney, Alliance Data Systems, Cinemark Holdings, Dr. Pepper/Snapple, Rent-A-Center and Denbury Resources

Second in top 25 cities for working parents Business

Dallas Child Magazine Second in top 10 cities to raise

com Ninth best city for young entrepreneurs nerdwallet.

college-educated mid-scale renters liberal,

social media New Accumulators 35 54 yrs.

college-educated managerial & professional jobs fans

college-educated six-figure incomes fans of

12 Second in top 25 cities for working parents Business Insider Best city or suburb for raising children Dallas Child Magazine Second in top 10 cities to raise a family livability.com Ninth best city for young entrepreneurs nerdwallet.com Young Achievers 20-somethings hip singles college-educated mid-scale renters liberal, progressive fans of alternative music, nightlife, social media New Accumulators yrs. old ethnically diverse couples with kids college-educated managerial & professional jobs fans of fashion comfortable, mid-sized homes Midlife Success 55 yrs. old upscale childless singles and couples college-educated six-figure incomes fans of technology, financial products, travel and exercise Empty Nesters 55+ yrs. old affluent & upscale active lifestyles college-educated executives & professionals fans of travel, cultural events, volunteering, fine wine

13 The Center of Expansion Willow Bend s ideal location in a growing market Wade Park Daytime Employees 741,991 KNOW 121 Sam Rayburn Tollway Stonebriar Centre The Shops At Legacy 217,131 Businesses 58,897 PLENTY 66,730 16,949 6,261 The Shops at Willow Bend 3 miles 5 miles 10 miles 128, ,926 Residential Population 1,055,398 Dallas North Tollway 190 President George Bush Turnpike 61, Plano City Boundary 141,893 Households 422,526 Galleria In Dallas Northpark Center (15 miles from Willow Bend)

14 KNOW MORE Now that you know about the new Willow Bend, know more about how it can work for you. Please contact us to arrange a more in-depth conversation. Bryant Siragusa, National Director Of Restaurants And Entertainment bsiragusa@starwoodretail.com Michael Powers Vice President, Leasing - East mpowers@starwoodretail.com Lanne Bennett Senior Director, Leasing lbennett@starwoodretail.com Starwood Retail Partners 1 East Wacker Drive Suite 3600 Chicago, IL

15 WILLOW BEND Starwood Retail Partners 1 East Wacker Drive Suite 3600 Chicago, Il

Southlake Mall. Southlake Mall. Merrillville, Indiana

Southlake Mall. Southlake Mall. Merrillville, Indiana Merrillville, Indiana Dominant powerhouse in a market CHICAGO, IL that offers urban, suburban and rural living Northwest Indiana s gathering GARY, IN MICHIGAN CITY, IN place for shopping, dining and entertainment