ALMEDA MALL. Redevelopment & Remerchandis ing Plan

Transcription

1 ALMEDA MALL Redevelopment & Remerchandis ing Plan

2 FACT SHEET ALMEDA MALL Total Area Gulf Fwy, Houston, TX Acres Year Opened 1968 Overall Mall GLA GLA (1st Floor) Macy s Burlington Coat Factory Palais Royal Jr. Anchor Small Shop Out Parcels 807,456 sf 712,408 sf 147,738 sf 79,385 sf 30,133 sf 94,780 sf 192,861 sf 49,906 sf PARKING Number of Parking Spaces 5,195 Handicap 78 DEMOGRAPHICS Mile Radius Population 133,484 Average Household Income $61,510 Median Housthold Income $50,023 Median Age SIGNAGE Pylon Sign 32 x 89 1/2 Pylon Sign Reader Board 6 8 x 14 8 TRAFFIC I ,684 cars per day Almeda-Genoa NORTHWEST HOUSTON BUSH INTERNATIONAL AIRPORT 24,750 cars per day HUMBLE 5 Mile Radius Population 282,344 Average Household Income $63,284 Median Housthold Income $49,059 KATY Median Age Mile Radius Population 894,686 Average Household Income $71,067 Median Housthold Income $52,008 Median Age SUGARLAND HOBBY AIRPORT PEARLAND GULFGATE MALL ALMEDA MALL 225 BAYBROOK MALL CLEAR LAKE

3 AERIAL Thomas Hancock ISD Elementary I-45 SOUTH 27,750 CPD ALMEDA GENOA ALMEDA GENOA 217,684 CPD PAD AVAILABLE

4 MALL SALES CONTINUE TO INCREASE In 2015, Mall sales were over $88.8 million dollars and National Tenant sales were over $353 psf. The Mall s sales have increased over 30% from Sub-categories: Anchor sales: Apparel sales: Jewelry sales: Shoe sales: Small Shop sales: 22.6% 72.5% 33.6% 12.4% 44.5% ALMEDA MALL SALES ALMEDA MALL NATIONAL SMALL SHOP SALES PSF

5 Macy s They spent $27 million dollars remodeling the Almeda Mall location which is indicative their long term vision for this market! Shoes: Kids Footlocker Champs Sports Footlocker Finish Line All Shoes $9.99 Shoe Envy Hibbett s * Average sales are $8.4 million nationwide, so this is an above average store, and in one of their smaller SF footprints. Jewelr lry: Shirin Jewelers Clothing: Uniforms & More Rainbow Burlington Underground Station Journey s 12.6 Additional Retailers: Bath & Body Works Cellular Zone Toys Glitter Oro Perfumania Gift Palace Food Court: Great American Cookie Thirsty s Sam s Burgers

6 REDEVELOPMENT SYNOPSIS The Redevelopment of the mall is nearly complete! This Redevelopment is improving the entire market for both Tenants and residents alike. COMPLETED REDEVELOPMENT TO DATE: $27 million dollar remodeled Macy s DD's, Burlington Coat Factory and Ojos Locos Restaurant joined the Mall New Mall Entrances and upgraded Landscaping New Plyon Sign with Electronic Reader Board New Interior Playground Completely renovated Center Court and Common Areas Newly paved parking lot and new pole lighting REDEVELOPMENT CURRENTLY UNDERWAY: $7 million dollar remodel/remerchandising Individualized Exterior Facades Additional multi-tenant buildings on I-45 an on Kleckley

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9 PAD AVAILABILITY & FUTURE I-45 RETAIL STRIP CENTER 2nd Floor Space Available MAC Y S.365 N Future 23,540 SF Retail Center

10 I-45 SIDE RENDERING Power Center storefront facade available with exceptional visibility from I-45 where there are over 216,000 cars per day. Pylon Sign & Electronic Reader Board

11 EXCELLENT VISIBILITY FROM I-45 Clear line of site from cars on I-45 Opportunity for both exterior power center entrance & interior mall entrance to capture every customer

12 KLECKLEY SIDE RENDERING

13 600 ALMEDA WIRELESS 79,385 SF ALL SHOES $9.99 UNIFORM SUPER STORE SF VISIBLE CHANGES SESAME HUT SF TOYZ SF SF ,660 SF 2,021 SF 6006 SF 478 REMERCHANDISING PLAN SF AIRGRAFIX A 1112 SF 730 SF 882 SF AMIGO WESTERN BIGG CITY SF SF SF ORO PERFUMANIA STARSHOTS CREATIVE RESEARCH JOURNEYS Make up and More GEOVANNI VITAMIN WORLD FINISH LINE KIDS FOOTLOCKER GNC FOOTLOCKER BATH AND BODY LIDS GR. AMERICAN COOKIE CO. SAM S BURGERS 601 SF CRICKET KALEIDO SCOOPS UNDERGROUND STATION ,445 SF SF SF 2750 SF 2085 SF 3747 SF 3375 SF SF 610 SF SF 675 SF SF 2287 SF 1000 SF 1858 SF 1700 SF 4813 SF 2909 SF ELLIDAS BRIDAL 5,401 SF 564 VISION WORKS SHIRIN JEWLERS UNIFORMS N MORE MAGIC SHOTS LADY WORLD CLOTHING 3D GAMES GORDON S JEWLERS VILLA PIZZA JOURNEY KIDZ THIRSTY S CHAMPS SHOE ENVY GIFT PALACE CLAIRE S BOUTIQUE FLIRTY FRAGRANCE NEW YORK & CO RAINBOW HIBBETS SPORTING GOODS FOOTACTION USA SF SF SF SF SF SF SF SF 4640 SF 3993 SF 3000 SF 602 SF SF 7430 SF 5177 SF 7000 SF 6411 SF 4104 SF SF 1988 SF 1278 SF 2131 SF 3306 SF 1449 SF 5028 SF 2168 SF 4520 SF 889 SF 30,113 SF 4500 SF LOLLIPOP PENDULUM WATCHES MENS FACTORY M&M HAIR Krispy Krunchy Chicken ,770 SF 238 7,684 SF 60 COSMETIC COVE PARKWAY STUDIOS 100

14 KLECKLEY DEVELOPMENTS With the Church - Convention Center Hotel Development on the former Target Site and the Adult Day Care Center, Almeda Mall traffic will continue to increase! Mountain of Fire & Miracles Ministries Church Convention Center and Hotel Development Church construction is ongoing and should be complete by July They are spending approximately $3 million. Convention section will be open later with a $4 million investment. They plan to buy more Land and add a hotel and more parking. Nha Toi Adult Day Care Center Now Open and can serve 350 members who come in the day time and return home in the evening.

15 NEWSWORTHY In addition to the $27 million dollars that Macy s invested in the total store remodel, the overall market analysis on Macy s is positive and shows long term stability for the company as a whole FOX PROPERTIES 1177 West Loop South, Suite 1670 Houston, Texas www. fox-properties.net AMANDA K. FOX wrk cell amanda@fox-properties.net

16 Ability to add 65,000 SF building