The Streets of Brentwood. Brentwood, California
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1 The Streets of Brentwood Brentwood, California
2 East Bay s Shopping DESTINATION The Streets of Brentwood Brentwood, California The primary Streets of Brentwood shopper is young, affluent and educated with a $105,000 average HH income The dynamic East Bay community finds its premier shopping, dining and entertainment lifestyle center in The Streets of Brentwood. Strategically located on almost 56 acres within the rapidly growing hub of four major regions Bay area, Tri-Valley, Sacramento Delta and the Central Valley this 350,000-square-foot shopping destination features more than 40 stores and restaurants and the dominant cinema in the trade area, a 14-screen AMC Theatre with IMAX. Phase II will include an additional 150,000 square feet of shopping and dining attractions. More than 14% of the shoppers are college students Almost 60% of the shoppers live in households with children The typical Brentwood shopper is very brand-loyal and shops at the center more than 3 times per month
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4 Empire Ave Bre nt wo o d B lvd Garin Pkwy Sellers Ave SLATEN RANCH Deer Valley Rd Deer Valley Rd Lone Tree Way LONE TREE PLAZA 4 Shady Willow Ln BRENTWOOD JUNCTION Sand Creek Rd SAND CREEK SHOPPING JOHN MUIR MEDICAL CENTER Balfour Rd
5 Sellers Ave ROSEGARDEN Empire Ave 18 Units Remain ROSEGARDEN 64 Units Remain O Hara O Hara Ave Ave STEEPLECHASE 145 Units Remain Deer Valley Rd Deer Valley Rd Lone Tree Way PORTOFINO MAGNOLIA GROWINg Population Shady Willow Ln BRADFORD 40 + Units Planned PARKSIDE VILLAS 37 Units Approved 122 Units Remain 32 Units Approved PENROSE 11 Units Remain BARRINGTON ENCANTO 50 Units Remain Sand Creek Rd 410 Units Approved BRIDLE GATE 232 Units Planned Brentwood Blvd CEDARWOOD 79 Units Remain Projects Under Construction Approved/Entitled Projects CARMEL ESTATES Construction is Being Completed Projects in Planning PALMILLA 97 Units Remain SIENNA VILLAGE 58 Units Remain FERRO RONCONI Balfour Rd 160 Units Planned MISSION GROVE 132 Units Approved Garin Pkwy GARIN CORNERS 32 Units Remain 59 Planned
6 New Housing Units Approved in Brentwood 10 mile Antioch Brentwood Discovery Bay Building Permits Issued Demographics 10-mile radius Population 270,000 Households 83,568 Aver. HH Income $97, Median Age 33.6 Employees 58,350 College or Graduate Degrees 50% + Livermore 580
7 The Streets of Brentwood s shoppers are categorized within five psychographic Tapestry clusters Boomburbs: 37% of Trade Area UP & COMING FAMILIES: 16% of Trade Area The newest additions to the suburbs, Boomburbs communities are home to younger families who live an upscale lifestyle. The median age is 33.8 years and has the highest population growth at 4.5% annually. The median home value is $282,689, while median HH income is over $110,681. With a median age of 31.9, this category represents the second highest household growth market and is the youngest of the Tapestry s affluent family markets. Young, affluent families with young children make up these neighborhoods that are located in suburban outskirts of midsized metro areas. The homes are newer, with a median value of $175,637 and median HH income of $76,135. URBAN VILLAGES: 11% of Trade Area SOPHISTICATED SQUIRES: 9% of Trade Area PLEASANT-VILLE: 7% of Trade Area These neighborhoods are multicultural enclaves of young families, unique to US gateway cities located primarily in California. The median age is 31 years and the average family size is 4.12, second highest in the segments. Many households have two wage earners. Most residents own older, single-family homes with a median value of $257,168 and multiple vehicles. Residents enjoy culture country living in newer home developments with low density and a median home value of $230,333. These urban escapees are primarily married-couple families, highly educated, and well employed with a median HH income of just above $85,144. More than 80% of these households own at least two vehicles with a median age of Prosperous domesticity distinguishes the settled homes of Pleasant-ville neighborhoods. Most residents live in a single-family home with a median value of $291,084. These households are headed by middle-aged residents, some nearing early retirement with a median age of Approximately 40% of households include children. Source: 2013 Alexander Babbage Shopper Intercept Study, ESRI/Tapestry
8 The Streets of Brentwood s shoppers are more brand conscious than usual Designer Shoppers 9.6% 16.2% Brand Shoppers 59.3% 51.2% Value Shoppers 31.1% 32.6% Shoppers US Benchmarks 0 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Designer = I buy designer merchandise and am willing to pay more for the style and workmanship Brand = I buy well-known brands because they provide the best quality for my money Valuer = I prefer to pay the lowest price, so I shop primarily for values Source: 2013 Alexander Babbage Shopper Intercept Study
9 SAND CREEK SHOPPING Sand Creek Rd Full highway interchange off ramps completed along with lane widening expansion on Interstate 4 4 Old Sand Creek Rd The Streets of Brentwood AERIAL VIEW - Looking South
10 Mel s Diner 4,175 SF 5,618 SF GameStop 1,635 SF Johnny Garlic s 5,000 SF Gymboree 2,200 SF Hollister 5,831 SF Bath & Body Works 3,300 SF Bangkok 101 2,233 SF Justice 4,070 SF Avail. 5,577 SF 7,74 0 SF Wishing Crab 3,022 SF Rubio s 2,720 SF 8,376 SF Rocky Mtn Choc. 1,024 SF Pinky Nails & Spa 1,305 SF Vine & Grain 1,033 SF MAC Avail. 1,485 SF 665 SF Yogurt Pizazz 1,287 SF 7,989 SF Jos. A Bank 4,434 SF Color Me Mine 1,148 SF Aveda 2,111 SF Chico s 4,500 SF 7,711 SF 4,191 SF Lens Crafters 3,107 SF 6,550 SF 3,249 SF Talbot s 3,477 SF Salad Makers 1,397 SF 2,477 SF 5,4277 SF Children s Place 6,008 SF 15,040 SF Proposed Kiosk 464 SF 2,642 SF Subway 1,128 SF 9,537 SF & Sleep Number 7,850 SF Outlot 5 7,500 SF Outlot 6 Shady Willow Lane Sand Creek Road Fatburger 2,351 SF Future 2,500 SF 8,002 SF 6,000 SF 70,000 SF 3,818 SF Sunglass Hut 1,000 SF Tillys 7,500 SF Auntie Ann/ Haagen Dazs 1,491 SF 2,600 SF Comcast 4,343 SF All American Sports Fan 2,337 SF Pac Sun 3,846 SF 3,891 SF Aeropostale 3,300 SF Mainland Skate & Surf 4,235 SF Hot Topis 2,032 SF Maurice s 4,953 SF Future Retail 5,000 SF Old Sand Creek Road PHASE 2 10,000 SF 50,000 SF 10,000 SF Outlot 7 7,500 SF Massage Envy 3,201 SF AT&T 3,619 SF 25,993 SF
11 ABOUT LEGACY DEVELOPMENT The name is changing, but the legend remains the same. Beginning in 1995 as RED Development, and for the past three years as RED Legacy, the team at LEGACY Development has sustained the unwavering goal of creating world-class developments. Over the past 20 years, LEGACY has had a hand in creating more than 50 projects with over 31 million square feet of commercial space across 14 states. See more at legacydevelopment.com. LEGACY Development 4717 Central Street Kansas City, Missouri legacydevelopment.com CONTACT THE LEGACY DEVELOPMENT TEAM: Wendy S. Brand Charlie Lowe Sr Vice President of Leasing Leasing Associate wbrand@legacydevelopment.com clowe@legacydevelopment.com 2015 LEGACY Development
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