The Woodlands, TX SEQ I-45 and Highway 242

Transcription

1 The Woodlands, TX SEQ I-45 and Highway 242

2 METROPARK SQUARE RETAIL & RESTAURANT Highly visible from I-45, Metropark Square is successfully positioned to become a distinctive entertainment and dining destination. The Development will be anchored by a new state-of-the-art 40,000 SF, 10-screen AMC Theatre and a 40,000 SF Dave & Busters. The development will include 300 multi-family units in Phase I, a second phase to follow and a Hyatt House Hotel. Metropark Square will accommodate approximately 8 12 restaurants, retail and service users with additional land to house other entertainment concepts or complimentary uses and amenities. CENTER SIZE: 240,000 SF NNN: $10.00 PSF AVAILABLE SF: Approximately 120,000 SF From 1,000 SF - 40,000 SF TRAFFIC COUNTS: IH 45 south of SH 242: 288,400 VPD ANCHOR DRAWS: 10-screen AMC Theater, Dave & Busters, Hyatt House, 300 Multi-Family Units DEMOGRAPHICS: 3 MILE 5 MILE 10 MILE 15 MILE 2018 Total Population 52, , , ,661 % Growth Pop % 10.7% 15.2% 13.3% 2018 Daytime Population 95, , , , Average HH Income $125,905 $117,932 $114,921 $99, Median HH Income $94,629 $88,502 $86,755 $74,055 AREA RESTAURANTS: AREA RETAILERS:

3 SHENANDOAH THE WOODLANDS METROPARK SQUARE QUICK FACTS LOCATION Served by two major North South thoroughfares: I-45 & Hardy Toll Road East West: [Highway 242] College Park Drive 27 miles from Downtown Houston 20 miles from Bush Intercontinental Airport THE MARKET #1 best-selling master planned community in Texas 7 world-class golf courses 58% of households make over $100,000 22,000 acre lake 60% of population have a bachelor s degree or higher Surrounded by 70+ new 20% of households make over $200,000 master-planned communities Median household income: $119,000 ECONOMY Over 1,700 Corporations Area employees: 47,000 people Fortune 500 companies include: Exxon Mobil, Haliburton, Wells Fargo, Entergy, Chevron, CVS and Anadarko Petroleum MAJOR EMPLOYERS Conroe ISD Aon Hewitt Memorial Hermann [The Woodlands Hospital] St. Luke s Health Houston Methodist CB&I Baker Hughes Huntsmen Company TOURISM 20 million visitors per year Tourism brings $8 Billion in visitor spending to The Woodlands area The Woodlands Mall: 1.4 Million SF 14 million shoppers per year Over $700 PSF in sales Approximately 80% of shoppers come from outside of The Woodlands Shenandoah area SCHOOLS & COLLEGES 27 Public & Private Schools Lone Star College [2-year institution providing Associates degrees] 15,000 students Our Lady of the Lake [Satellite Campus of San Antonio Institution] offers undergraduate and graduate degrees 4-year college 4,000 students

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7 SITE PLAN PROGRAM DATA: Phase 1 Existing Retail Phase 1 Existing Retail Phase 1 Existing Retail Phase 1-C Residential 325 units PHASE 1-C RESIDENTIAL 325 UNITS PHASE 1 EXISTING RETAL 156,788 sf INTERSTATE 45 SERVICE ROAD A B SAM MOON D FOUNTAIN DRIVE DRIVE RESIDENCE DRIVE RESIDENCE DRIVE ACRES MOON DRIVE 6.8 ACRES DAVID MEMORIAL DRIVE LED Pylon Sign Pylon Sign MISSOURI PACIFIC RAILROAD PHASE 1-A NEW RETAIL / RESTAURANT 80,225 sf PHASE 1-B NEW RETAIL / RESTAURANT 13,038 sf THEATRE 41,500 sf DAVE & BUSTER S 39,487 sf TOTAL PHASE 1 SF 174,763 sf TOTAL PHASE 1 SF (INCL. EXST. RETAIL) 331,551 sf HYATT HOUSE 148 ROOMS LED Pylon Sign METROPARK DRIVE VALET VALET J VALET H VALET K L METROPARK DRIVE PHASE 1 PARKING: 4.17 ACRES EXISTING PARKING 872 CARS INTERSTATE 45 PHASE 1-A PARKING RETAIL SURFACE 303 CARS Pappasito s Restaurant (NOT INCLUDED) Pappadeaux Restaurant (NOT INCLUDED) Theater Phase 1-A Retail Parkng Deck 992 cars ENTERTAINMENT WAY Note: This plan is diagrammatic (conceptual) only and intended to show potential configuration. It is not based upon a detailed survey of existing site conditions such as property limits, subsurface conditions, trees, topography, utilities, easements, etc. SCALE 1 =200 AT 11 X 17 PHASE 1-A PARKING RETAIL DECK 992 CARS HYATT PARKING 92 CARS N

8 EXISTING RETAIL MULTI-FAMILY PHASE ft EXISTING RETAIL 70 ft A RETAIL 30,495SF B F&B 14,657 SF 180 ft 230 ft D F&B 19,360 SF 200 ft F 40,000 SF FUTURE DEVLOPMENT 425 ft Monument Sign METROPARK DRIVE PROGRAM DATA: MULTI-FAMILY 300 UNITS 105 ft 135 ft 85 ft VALET J F+B 8,924 SF 80 ft 95 ft H F+B 4,326 SF METROPARK DRIVE 65 ft 120 ft K RETAIL 6,519 SF 120 ft L RETAIL 6,519 SF 50 ft Chuy s Restaurant (NOT INCLUDED) RETAIL (EXISTING) 151,575 sf RETAIL 43,533 sf F&B 47,267 sf 41,500 SF G PHASE 1 GARAGE 321,958 SF 5 LEVELS 906 SPACES 185 ft TOTAL 90,800 sf Pappasito s Restaurant (NOT INCLUDED) Pappadeaux Restaurant (NOT INCLUDED) THEATRE 41,500 sf DAVE & BUSTER S 40,000 sf TOTAL PHASE 1 SF 172,300 sf TOTAL PHASE 1 SF (INCL. EXST. RETAIL) 323,875 sf 365 ft Note: This plan is diagrammatic (conceptual) only and intended to show potential configuration. It is not based upon a detailed survey of existing site conditions such as property limits, subsurface conditions, trees, topography, utilities, easements, etc. SCALE 1 =100 N AT 11 X

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12 Founded in 2003, The Retail Connection has seen rapid growth in its full service platform of real estate services, with some of the most successful retailers in the country as its clients and partners. The Retail Connection provides national advisory, tenant representation, project leasing, general brokerage and investment sales, expansion strategy, merchandising plans, property management, construction management, asset management and corporate services, as well as development, acquisition, merchant banking and strategic capital services. The Retail Connection currently represents over 250 retail and restaurant chains and over 28 million square feet of listings, including approximately over 3 million of its own projects. The company is headquartered in Dallas, with offices in Austin, Houston and San Antonio. Additional information on The Retail Connection, L.P. is available at Steve Greenberg sgreenberg@theretailconnection.net Kendall Ibsen kibsen@theretailconnection.net