Now Leasing for Nov. 1, 2017 Grand Opening

Transcription

1 South Florida s newest and hottest retail, restaurant, and entertainment location in Hallandale Beach; just north of Miami s Aventura area, minutes south of Fort Lauderdale-Hollywood International Airport Now Leasing for Nov. 1, 2017 Grand Opening The Village at Atlantic Shores mixed-use complex will offer residential, office and commercial retail located at the southwest quadrant of North Federal Highway (US 1) and Atlantic Shores Boulevard in Hallandale Beach, Florida. Atlantic Village At A Glance: Storefront exposure on US1 High traffic counts of more than 44,000 vehicles per day on N. Federal Hwy (US1) Strategically situated in the center of Hallandale Beach, half-mile from the Diplomat Golf Resort & Spa, next to the Mardi Gras Casino. Two miles from the ocean Seasonal residents, tourists complement full time residents New construction completion Nov ,174 sf of retail, restaurants and offices 14,452 sf of retail and restaurants ground floor 16,722 sf of office and second floor two-level restaurants 106 parking spaces

2 SOUTH FLORIDA URBAN RETAIL The Village at Atlantic Shores is a two-phase project. The first phase consists of Atlantic Village, which encompasses retail and restaurants on the ground floor and second-level offices and retail. The first phase will open in November The adjacent Phase 2 of The Village at Atlantic Shores, just across the access road From Atlantic Village will include a residential tower planned for completion in Atlantic Village (Phase I) features elevators and stairs for vertical transportation between the retail and parking and the second-level offices. Two-level restaurants and other anchors will have their own set of vertical transportation within their leased premises for the convenience of customers and logistics of service staff. GROUND FLOOR Two-level anchors will have excellent frontage exposure on US 1 (44,000 vehicles per day) as well as to the interior facing parking lot. SECOND FLOOR

3 FIRST PHASE OPENING NOV SECOND PHASE 2018 est. PHASE 1 NOV Open Mon - Thu until 3am Open Fri, Sat, Sun 24 hours PHASE 1 PHASE 2 ATLANTIC VILLAGE MIAMI

4 Atlantic Village Broward County, Fla. ESRI ( 2015 ) Total Population 1,807,083 Half an Hour drive Total Population by Age Median Age 40.7 Millennials (15-24) 12.23% Silent Generation (75-84) 4.73% G.I. Generation ( 85) 2.54% Household Income Broward County 12.74% 11.23% 9.45% 13.77% 18.45% 11.78% 12.11% 9.97% $15,000 $15,000 - $24,999 $25,000 - $34,999 $35,000 - $49,999 $50,000 - $74,999 $75,000 - $99,000 $100,000 - $149,999 $150,000 Generation Z ( 14) 17.3% Generation X (25-44) 26.18% Baby Boomers (45-74) 37.03% % % 9.97 % % % % Total Population by Race White 60.55% : 10% Black 28.21% 28.46% ( Hispanic any race ) Latin Am. Ind. Asian Pacific Other Two % 9.45 % 0.318% 3.48% 0.06% 4.11% 3.26% Average HH Income $73,897 Broward County

5 Atlantic Village 3-Mile Demographics ESRI (2015) Total Population 156,194 Within 3-Miles Total Population by Age Generation Z ( 14) 14.87% Millennials (15-24) 9.66% Generation X (25-44) 25.37% Baby Boomers (45-74) 39.61% Silent Generation (75-84) 6.78% G.I. Generation ( 85) 3.72% Median Age 45.1 Household Income Within 3-Miles 16.23% 14.09% 12.42% 14.76% 16.44% 9.70% 8.52% 7.8% $15,000 $15,000 - $24,999 $25,000 - $34,999 $35,000 - $49,999 $50,000 - $74,999 $75,000 - $99,000 $100,000 - $149,999 $150, % 9.70 % 7.8 % Total Population by Race White Black Latin Am. Ind. Asian Pacific Other Two % 73.34% 17.89% % (Hispanic any race) % 0.28% 1.79% 0.05% 3.63% % 3.02% : 10% % % Average Income $63,706 Within 3-Miles Adjacent to Mardi Gras Casino Open until 3 AM (Mon - Thu) Open 24 hours (Fri - Sun) Surrounding Traffic Counts Vehicles Per Day N. Federal Hwy (US1) 44,000 VPD

6 Strong Absorption Pushed Florida Statewide RETAIL VACANCY DOWN TO 6.5% in 2015 Fourth Qtr. per CBRE Summary Statistics Q Regional Retail Markets Palm Beach Broward Miami-Dade Vacancy Rate 5.6% 6.3% 3.2% Net Absorption (Thousand Square Feet) New Construction (Thousand Square Feet ) Under Construction (Thousand Square Feet) ,692.8 South Florida: 35 million visitors annually and 5.9 million residents Vibrant retail market Broward County: 14 million visitors annually and 1.8 million residents

7 HALLANDALE BEACH DEVELOPMENT Major development projects are underway in Hallandale Beach minutes away from The Village at Atlantic Shores including multifamily residential, high-rise hotels, office buildings, commercial and medical buildings, a retail plaza, a new fire station and emergency operations center, and the expansion of Bluesten Park, a 6-acre facility that consists of a community center, municipal pool, tennis courts, racquetball courts, outdoor basketball courts, volleyball courts and outdoor athletic fields. In addition, retail stores, speculative office spaces and other minor development projects are being planned in the shadows of the larger ones.

8 THE CITY OF HALLANDALE BEACH, FLORIDA The Hollywood-Hallandale Beach area enjoys a central location situated between Greater Downtown Miami to the south and Downtown Fort Lauderdale and Beach to the north. The development boom in condominium residences is occurring in Hallandale Beach. The City of Hallandale Beach is known as the home of Gulfstream Park (horse racing and casino) and Mardi Gras Casino, a greyhound racing track, which hosts the World Classic and borders Atlantic Village. Hallandale Beach also has a sizable financial district with several banks and brokerage houses. Due to the large number of tourists who eventually retire in the city, Hallandale Beach has one of the fastest-growing populations in Broward County and in Metro Miami. Unemployment rate is low at 5.9% (as of 2015). LEASING CONTACT We have retail spaces for the right restaurant or retail store available for lease with superb storefronts on North Federal Highway (US1). Second floor office space available. Retail brokers and agents are welcome. For available retail space, contact: Atlantic Village Attention: Leasing Dept. 701 W. Hallandale Blvd., #109 Hallandale Beach, FL (954) elias@grupo-eco.com