NEW Opportunities NEW Possibilities NEW Thinking NEWBURYPORT MASSACHUSETTS

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1 NEW Opportunities NEW ossibilities NEW Thinking NEWBURYORT MASSACHUSETTS

2 1.2 MILLION RESIDENTS Live within a 25 mile trade area $125,000 ANNUALLY Average household income in Newburyport I-95 I-95 AND ROUTE 1 Excellent regional and local access 500,000 VISITORS Annual visitors to Massachusetts Audubon Sanctuary and lum Island Newburyport is known nationally for its charm and beauty. 2 NEWBURYORT, MASSACHUSETTS

3 OORTUNITY Newburyport is a classic New England town center with irresistible shops, galleries and restaurants. Historic Federalist and Georgian red brick buildings, waterfront walkways and salt air make this city a captivating destination for residents and visitors alike. With more than 50 prime retail locations throughout the downtown area, New England Development is always looking for great retailers and new concepts to create one of the best shopping offerings in the region. Located 35 miles north of Boston, Newburyport is a desirable suburb served by the commuter rail line. The city s 250-year history as a thriving seaport, sweeping ocean views from Waterfront ark, and dazzling historic mansions make Newburyport a premier hub for shopping and dining. A visionary urban renewal in the 1970 s turned this picturesque city into a popular attraction, drawing upscale, local and regional residents and world travelers alike. For retailers, Newburyport s many festivals fill the city with consumers yearround, from the seasonal Art Walks and the summer Yankee Homecoming, to the annual shopping Invitation Nights in December and everything in between. We invite you to explore the exceptional retail opportunities in this vibrant locale that can only be Newburyport. NEWBURYORT, MASSACHUSETTS 3

4 LOCATION Retail opportunities in a vibrant downtown Close proximity and walking distance to office and residential space Some of Massachusetts best beaches draw thousands of visitors to the area annually. Numerous Newburyport marinas with more than 1,500 slips draw yachts and boaters from around the globe. Newburyport Industrial ark houses 70 businesses, employs over 3,000 people, and boasts a payroll in excess of $95 million. Newburyport is one of 50 Best Yachting Towns, Yachting Magazine NEWBURYORT RANKS IN THE TO 25 LACES TO LIVE IN MASSACHUSETTS Boston.com 4 NEWBURYORT, MASSACHUSETTS

5 State St To Traffic Circle & Train Station Merrimack River Boardwalk Waterfront ark Water St To lum Island & Mass Audobon Merrimac St Market Square Center St Liberty St Fair St Independent St Winter St 1 Summer St leasant St Brown Sq Unicorn St leasant St Inn Street Essex St Middle St Fair St New England Development s portfolio includes 50 prime retail locations. New England Development roperty Market St Washington St Titcomb St Green St Hales Ct rince l Charter St Temple St Newburyport Marinas Court St rospect St Harris St To I-95 High St Garden St Otis l Fruit St NEWBURYORT, MASSACHUSETTS 5

6 MARKET MAINE Strong Residential and Tourism Markets NEW HAMSHIRE Average household income tops $125,000. Manchester Exeter 25 MILE RADIUS ortsmouth MILE RADIUS 15 MILE RADIUS Hampton Newburyport is a city of 18,000 people with a trade area of more than 1.2 million residents. More than 500,000 visitors annually add to the strong, year-round customer base. Access Newburyport has excellent regional and local access via Route 1 & I-95. Salem Andover Boxford Topsfield Newburyport Ipswich Gloucester Excellent regional and local access provided by Routes 1 and 1A, Interstates 95 & 495, and by swift commuter rail service to and from Boston Boston Logan International Airport is located 35 miles and an estimated 48 minutes away. Manchester Regional Airport is located 50 miles north and an estimated 58 minutes away Burlington eabody 128 Marblehead MASSACHUSETTS Boston Boston Logan International Airport 6 NEWBURYORT, MASSACHUSETTS

7 One of New England s most attractive downtowns New thinking. Forward looking. New vitality in a city with fascinating history. That s how New England Development has come to own more than 50 premier retail and restaurant locations throughout the downtown area, featuring specialty shops, boutiques, restaurants and galleries. Newburyport draws on its historic wealth and benefits from strong annual tourism and a year round customer base. Newburyport s many year-round festivals attract shoppers during every season. Special retail events all widely attended include everything from Shopping Invitation Nights in the spring, Yankee Homecoming in the summer, and Holiday Invitation Nights in the winter. NEWBURYORT IS THE BEST LACE TO LIVE FOR EMTY NESTERS Boston Magazine NEWBURYORT, MASSACHUSETTS 7

8 DEMOGRAHICS DEMOGRAHIC ANALYSIS opulation 15 Miles 10 Miles 25 Miles 2016 Estimated opulation 305, ,653 1,244, rojected opulation 314, ,250 1,281,537 rojected Annual Growth 2016 to % 0.5% 0.6% 2016 adj. Daytime Demographics 208, , ,205 Age 16 Years or Over 2016 Median Age Income 2016 Estimated Average Household Income $112,207 $104,795 $103, Estimated Median Household Income $90,322 $84,543 $84,495 Households 2016 Estimated Households 120, , , rojected Households 124, , ,014 Education (Age 25+) 2016 Estimated Some College 17.7% 17.3% 17.5% 2016 Estimated Associates Degree Only 9.5% 8.8% 8.8% 2016 Estimated Bachelors Degree Only 25.7% 24.3% 23.8% 2016 Estimated Graduate Degree 17.4% 16.0% 15.5% Business 2016 Estimated Total Business 14,638 38,698 58, Estimated Total Employees 125, , ,592 ONE OF THE BEST LACES IN MASSACHUSETTS TO RAISE A FAMILY Northshore Magazine 8 NEWBURYORT, MASSACHUSETTS

9 Newburyport NEWBURYORT, MASSACHUSETTS 9

10 75 ARK LAZA, BOSTON, MASSACHUSETTS NEDEVELOMENT.COM