& SHOP DINE ENTERTAIN FIVE MAIN COMMERCE TOWNSHIP, MICHIGAN
A new 350,000 square foot retail and entertainment district in affluent Commerce Township, Michigan......FIVE & MAIN, nestled amongst the lakes of beautiful Western Oakland County, will become one of the area s prime retail and entertainment hubs; a place where people from across the region shop, dine and play. Dozens of local, regional, and nationally renowned shops, restaurants, entertainment venues, and lifestyle services will gather together in an architecturally rich outdoor destination that takes full advantage of the natural elements and incorporates artful and interactive public spaces. FIVE & MAIN COMMERCE TOWNSHIP, MICHIGAN 2
THE ADVANTAGE OF AN OUTDOOR PLACE is that it creates a feeling of ownership amongst its users. We want those who visit FIVE & MAIN to think of it as their town. Public Gathering Places Play Areas Convenient Parking Public Amenities Public Art Al Fresco Dining Kid s Club Farmer s Market Fashion Events Halloween Parade Holiday Lights and more... FIVE & MAIN COMMERCE TOWNSHIP, MICHIGAN 3
MERCHANDISING CATEGORIES NOTE: MERCHANDISING PLAN AND LANDSCAPING PLAN SHOWN BASED UPON CONCEPTUAL DESIGN AND IS SUBJECT TO MODIFICATION THROUGHOUT SUBSEQUENT DESIGN PHASES. TABULATIONS ENTERTAINMENT RESTAURANT SPECIALTY FOOD & BEV FASHION WELLNESS & BEAUTY HOME TOTAL PARKING REQUIRED (@4.5/1000) PARKING PROVIDED 78,449 SF 21.99 % 82,701 SF 23.17 % 30,636 SF 8.58 % 92,064 SF 25.79 % 36,768 SF 10.30 % 36,315 SF 10.17 % 356,933 SF 100 % 1,606 SPACES 1,696 SPACES LEASE PLAN 10.23.2017 PAGE 1 FIVE & MAIN COMMERCE TOWNSHIP, MICHIGAN 4
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WHY COMMERCE TOWNSHIP? Over the past forty years some of the area s most successful engineers, entrepreneurs and other professionals have migrated to live and spend their free time on and around one of the many lakes that dot western Oakland County. The lake-life on the west side is defined by long-standing country clubs, sailing, fishing, and year-round outdoor activities. SITE The obvious missing piece on the west side of Oakland County has been an outdoor community hub like the city of Birmingham on the east side. Now that this region has expanded and become increasingly connected to other nearby affluent communities, there is both a need and the economic might to pull together a central gathering place such as what FIVE & MAIN intends to be. FIVE & MAIN COMMERCE TOWNSHIP, MICHIGAN 12
LOCATION & ACCESSIBILITY 5 FIVE & MAIN is located in Commerce Township at M-5 and Pontiac Trail. This location allows for easy access to close-in communities including Commerce Charter Township, Orchard Lake Village, West Bloomfield Township, Walled Lake, Keego Harbor, and Sylvan Lake; as well as the ability to funnel from the major highways from as far away as Milford and Brighton to the West, Bloomfield Township to the East, and Novi, Northville, Plymouth, and Livonia to the South. N.T.S. NORTH FIVE & MAIN COMMERCE TOWNSHIP, MICHIGAN 13
DEMOGRAPHICS Average Household Income: $103,000 Households: 175,185 (32% with children) Population: 425,000+ Median Age: 42 Education: 48.2% of adults over 25 years of age have a Bachelor s Degree or higher Top 10 Tapestry TM Segments (source Esri): SITE FIVE & MAIN COMMERCE TOWNSHIP, MICHIGAN 14
COMPARABLE TRADE AREAS In affluent communities across America, people today demand and support a variety of INDOOR and OUTDOOR venues for shopping, dining, and entertainment. Following are examples of thriving communities that offer both: Detroit, MI Outdoor: Downtown Birmingham Indoor: The Somerset Collection Columbus, OH Outdoor: Easton Town Center Indoor: Polaris Fashion Place Minneapolis, MN Outdoor: 50th and France Indoor: Edina Galleria Hartford, CT Outdoor: Blue Back Square Indoor: Westfarms Mall Boston, MA Outdoor: Derby Street Shoppes Indoor: South Shore Plaza Lifestyle Center Comparisons: LIFESTYLE CENTER POPULATION AVERAGE HOUSEHOLD INCOME Southlake Town Center, TX 386,704 $111,563 Town Center Leawood, KS 160,433 $110,929 Deer Park Town Center, IL 486,626 $106,664 Five & Main, MI 425,076 $103,486 The Avenue of East Cobb, GA 359,390 $103,044 Geneva Town Center, IL 239,777 $102,924 Derby Street Shoppes, MA 288,401 $97,829 Promenade at Sagemore, NJ 591,656 $92,922 The Village of Rochester Hills, MI 421,338 $92,100 The Summit Birmingham, AL 328,981 $87,904 Aspen Grove, CO 604,116 $80,433 FIVE & MAIN COMMERCE TOWNSHIP, MICHIGAN 15
PURELY MICHIGAN FIVE & MAIN COMMERCE TOWNSHIP, MICHIGAN 16