South Bend/Mishawaka, Indiana

Transcription

1 South Bend/Mishawaka, Indiana

2 GrandView South Bend/Mishawaka, Indiana EXPERIENCE THE DEVELOPMENT AT GRANDVIEW SHOP. DINE. LIVE. WORK. PLAY. 250,000 SF Retail, dining, office, grocery, and hotel within a vibrant, trendsetting mixed-use development We re excited to present GrandView, an upscale shopping, dining, and residential destination opening in Part of the second largest retail corridor in Indiana, GrandView is at the thriving nexus of high-income earners, traffic, and growing population. It will become the place to be - a new epicenter of activity and sought after destination for the local community. 50 ACRES of comprehensive development including over 300 upscale residential units. EASY ACCESS Lighted intersections and 2,000+ parking spots create easy access and ample parking in the development. NICOLE CHIMENTO MIDLAND ATLANTIC PROPERTIES nchimento@midlandatlantic.com AUDRA SIERADZKI GREAT LAKES CAPITAL Phone: ASieradzki@greatlakescapital.com

3 Area Overview 900,000+ the South Bend DMA 3 million SF of retail in the University Park trade area $487 million $1.3 billion spent annually by visitors economic impact from to the metro area University of Notre Dame 2nd largest retail trade area in Indiana Over 30 retailers with no other stores within miles 1 block from Simon s University Park Mall 250,000 SF of new retail space $130,000 Upscale retailers already located at this average income of adjacent neighborhoods

4 a phased project Offering a true 365-day, year-round experience to its residents and local community 250,000 SF RESTAURANT 300 UNITS OF INNOVATIVE RETAIL, RESTAURANT, HOTEL, AND OFFICE SPACE VIBRANT RESTAURANT/ EVENT CORRIDOR 300 HIGH END RESIDENTIAL UNITS THE ULTIMATE MIX

5 Development Plan Phase 3 Retail/Restaurant ± 160,000 SF Upper level office ± 40,000 SF Four story hotel ± 50,000 SF Service Retail/ Medical / Office ± 40,000 SF Luxury Flats/ Apartment/ Townhomes ± 300 Phase 1 Phase 2

6 Phase 1 HIGH-END RESIDENTIAL & RETAIL: COMPLETED SPRING Apartments and Townhomes Modern & Timeless Luxury Living Blurring the lines between suburban and urban living Cleveland Road Gumwood Road Phase 1

7 Phase 2 Cleveland Road SPRING 2018 GROUND BREAKING Gumwood Road Phase 2 Urban mixed-use residential & retail Abundant green space to enhance community atmosphere in an urban environment. ± 100 High-end living units ± 40,000 SF Service Retail/ Medical/ Office

8 Phase Construction GrandView Retail Cleveland Road Main street layout featuring restaurants and shops along a vibrant boulevard Retail/Restaurant ± 160,000 SF, Hotel ± 120 rooms, Upper level Office ± 40,000 SF Walkable environment Ample parking Lighted access Gumwood Road Cleveland Road Gumwood Road

9 Phase 3 Detail Cleveland Road Gumwood Road

10 Location Nearly one million customers The South Bend-Elkhart Designated Market Area (DMA) encompasses a ten-county area including NorthCentral Indiana and Southwest Michigan. The DMA population is approaching one million and has an effective buying income over $14 billion with retail sales over $8 billion. Affluent and college educated The households within a five minute drive time have average incomes exceeding $95,000 and 74% of its population is college educated. The area benefits heavily from the University of Notre Dame whose visitors and students generate $349 million in off-campus spending. Along distribution routes Located along I-80/90 midway between the major markets of Chicago, Detroit, Grand Rapids and Indianapolis, GrandView is along existing distribution routes.

11 Area Demographics DRIVE TIME DEMOGRAPHICS 5 Minutes 15 Minutes 30 Minutes Population 15, , ,747 Households 6,395 67, ,648 Average Annual Income $98,003 $64,966 $60,502 ACCESS TO THE AREA S HIGH INCOME EARNERS.

12 Area Retail Over 3 million square feet of retail The 2nd largest retail area in the state of Indiana 150+ Area Restaurants Over 150 restaurants in a 3 Mile Radius 30+ Unique Retailers Over 30 retailers without another location in a mile radius.

13 Area Hotels SITE Hotels Within 2 Miles Hotel Distance Rooms Holiday Inn Express Hampton Inn Country Inn & Suites Holiday Inn Express Super Best Western Fairfield Inn & Suites Red Roof Inn Comfort Inn Suites Extended Stay America Springhill Suites Courtyard by Marriot Extended Stay America Hyatt Place Residence Inn Varsity Clubs Total Rooms 1,298 VARSITY CLUBS OF AMERICA Hotels Within 5 Miles Hotel Distance Rooms Holiday Inn & Suites Candle Wood Suites Ivy Court Inn & Suites Fairfield Inn & Suites Waterford Estates Morris Inn Baymonth Inn & Suites Comfort Suites Americas Best Value Staybridge Suites Motel Quality Inn Suburban Extended Stay Holiday Inn Express & Suites Hampton Inn & Suites Microtel Inn & Suites Inn at St. Mary s Hilton Garden Inn Residence Inn South Bend Double Tree by Hilton Total Rooms Within 5 Miles 3,786

14 Higher Education GrandView is located three miles from the University of Notre Dame The university enrolls over 12,000 students Notre Dame has a $1.302 billion annual economic impact in St. Joseph County Largest county employer with over 5,700 employees, a payroll of $485 million, directly and indirectly accounts for a total of approximately 14,605 jobs in St. Joseph County Visitors and students generate $349M in off campus spending Wealthy Notre Dame alumni support over 20 Division I athletic teams by attending games and tournaments including the filling of the 81,000 seat stadium during football season $18.5 million in economic activity generated EVERY home football weekend Endowment valued at over $10B spent more than $95 million annually in construction in the last six years. Indiana University South Bend, Saint Mary s College, Bethel College and Holy Cross College are also located within 10 miles providing access to an additional 11,500 students $487 Million Spent annually by visitors to the metro area

15 DINE. LIVE. WORK. PLAY. EXPERIENCE THE DEVELOPMENT AT GRANDVIEW THE ULTIMATE MIX SHOP. Experience Grandview

16 South Bend/Mishawaka, Indiana NICOLE CHIMENTO MIDLAND ATLANTIC PROPERTIES AUDRA SIERADZKI GREAT LAKES CAPITAL Phone: Great Lakes Capital 112 West Jefferson Boulevard, Suite 200 South Bend, IN Midland Atlantic Properties 8044 Montgomery Road, Suite 710 Cincinnati, OH 45236