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2019 Grounds for Development 4Th Largest City in Oklahoma

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2019 Grounds for Development 4Th Largest City in Oklahoma 2019 GROUNDS FOR DEVELOPMENT 4TH LARGEST CITY IN OKLAHOMA PREPARED FOR: SPONSORED BY: “BROKEN ARROW IS ONE OF THE FASTEST GROWING CITIES IN OKLAHOMA DUE TO OUR ABILITY TO TOP BRANDS ATTRACT HIGH QUALITY JOBS AND DESTINATION RETAIL”. IN BROKEN ARROW - CRAIG THURMOND, BROKEN ARROW MAYOR BEST PLACE FOR 1ST TIME HOME BUYERS • CITY LIVABILITY AWARD FROM US CONFERENCE OF MAYORS • LOWEST CRIME CITIES IN AMERICA Over1 MILLION RESIDENTS within a 40 mile radius to KANSAS CITY to WICHITA 270 miles 190 miles COLORADO KANSAS SPRINGFIELD JOPLIN 75 MISSOURI NEW 169 MEXICO OKLAHOMA TULSA 412 412 PORT OF FAYETTEVILLE CATOOSA ARKANSAS TEXAS 35 51 44 BROKEN PORT OF OKLAHOMA CITY ARROW MUSKOGEE 40 40 FORT SMITH NORMAN to LITTLE ROCK 260 miles 44 Broken Arrow is centrally 35 located in the South Plains Region of the USA. to DALLAS 260 miles Trade Area 2018 Sales Tax Population equal to Nearly $1.5 billion in taxable goods surrounding suburbs combined. sold in 2018 • 346,031 Population (STA) • Over 160,250 Population (PTA) • Average Age of 37.5 (PTA) • Average Household Income of $82,203 (PTA) • Low cost of living = more disposable income Source: STI PopStats Steady Single Family Housing Growth Single Family housing permits per year Low cost of doing business 600 • Lowest utility costs in the region 500 504 • Low Property Tax Rates averaging 1.35% (US Average is 2.14%) 300 200 100 0 2011 2012 2013 2014 2015 2016 2017 2018 1 Stone Wood Hills Major Retail (Bass Pro, Conference Center, Charleston’s) DEVELOPMENTS 2 South BA underway in (Specialty Hospital) Broken Arrow 3 The Shops at Aspen Creek (200+ acre luxury theatre anchored development, Starbucks) 4 Shops at Broken Arrow (Target, PetSmart, Olive Garden, Dick’s Sporting Goods) 5 The Park at Adams Creek (Cinemark, Lowe’s, IHOP, Chili’s) 6 Hillside Crossings (Sprouts Farmers Market, Zoey’s Kitchen, Starbucks, Louie’s Bar & Grill) 7 East Kenosha Market (Great highway visibility and frontage on major arterial) 8 The Rose District (Arts & Entertainment District, Performing Arts Center) 9 71st & Garnett (Near regional retail hub) 10 61st & Lynn Lane (Neighorhood intersection with Walmart Neighborhood Market, CVS) 11 Northeast Crossroads (Walmart, Quick access to interstate highway system) 12 Jackson Mills Highway 51 (Intersection of Highway 51 and the Creek Turnpike) BEST PLACE FOR 1ST TIME HOME BUYERS • CITY LIVABILITY AWARD FROM US CONFERENCE OF MAYORS • LOWEST CRIME CITIES IN AMERICA 31st STREET S. DEARBORN ST. (41st Street ) OVER 80,000 CARS PER DAY 37TH STREET (209st E. OMAHA STREET (51st Street ) Av e. 169 ) 10 ALBANY STREET (61st Street ) O EV AK GROVE RO 1 ANS RO 6 4 AD ONET MID (225th E. 5 AD WA A RO KENOSHA STREET (71st Street ) (273rd E. Y RO 11 Av 51 AD e. AD (241st E. ) Av 9 (257th E. 7 e. ) 8 Av Av e. e. HOUSTON STREET (81st Street ) ) ELM PL MAIN STREE LY 23RD STREET ) NN LANE 12 AC E 165 (161st E. (177th E. T (193rd E. MUSK OGEE Av 75 WASHINGTON STREET (91st Street ) Av Av e. e. TURNPIKEOologah ) ) e. 9TH STREE ) Collinsville Skiatook 51 T NEW ORLEANS STREET (101st Street ) Claremore Owasso Pryor 412 169 FLORENCE STREET (111th Street ) Catoosa Chouteau GARNE Sand Springs 412 TT RO Tulsa AD 2 TUCSON STREET (121st Street ) Broken Arrow OLIVE STREET ASPEN A 3 Sapulpa Jenks VENUE Bixby Coweta Wagoner (129th E. Glenpool (145th E. JASPER STREET (131st Street ) Av 51 Av e. 75 e. ) ) Bristow YAZOO STREET (141st Street ) Muskogee Secondary Trade Area 81.4% Catchment Primary Trade Area 68.5% Catchment Customer Samples 4,456 samples (2+ Visits) PRIMARY AND SECONDARY RETAIL TRADE AREAS PRIMARY TRADE AREA: Our primary trade area consists of over 160,250 potential customers resulting in a total purchasing power of nearly $8.5 Billion SECONDARY TRADE AREA: Our secondary trade area, consisting of over 346,000 potential customers, yields over $16 billion in purchasing power CUSTOMER SAMPLES LEAKAGE SUMMARY PRIMARY LEAKAGE SECONDARY LEAKAGE INDUSTRY GROUP NAICS AMOUNT AMOUNT Motor Vehicle & Parts Dealers 441 $43,057,336 — Automobile Dealers 4411 — — Other Motor Vehicle Dealers 4412 $62,574,940 $38,170,034 Auto Parts, Accessories & Tire Stores 4413 $8,529,066 — Furniture & Home Furnishings Stores 442 — — Furniture Stores 4421 — — Home Furnishings Stores 4422 — — Electronics & Appliance Stores 443 — — Bldg Materials, Garden Equip. & Supply Stores 444 — — Bldg Material & Supplies Dealers 4441 — — Lawn & Garden Equip & Supply Stores 4442 $532,529 $2,334,967 Food & Beverage Stores 445 $111,280,674 $201,822,367 Grocery Stores 4451 $99,888,284 $191,424,634 Specialty Food Stores 4452 $5,134,207 $6,629,163 Beer, Wine & Liquor Stores 4453 $6,258,183 $3,768,570 Health & Personal Care Stores 446,4461 — — Gasoline Stations 447,4471 $109,802,014 $185,545,311 Clothing & Clothing Accessories Stores 448 $9,521,008 — Clothing Stores 4481 — — Shoe Stores 4482 $399,796 — Jewelry, Luggage & Leather Goods Stores 4483 $11,946,762 $14,710,585 Sporting Goods, Hobby, Book & Music Stores 451 — — Sporting Goods/Hobby/Musical Instr Stores 4511 — — Book, Periodical & Music Stores 4512 — $2,778,490 General Merchandise Stores 452 — — Department Stores Excluding Leased Depts. 4521 — — Other General Merchandise Stores 4529 $49,236,490 — Miscellaneous Store Retailers 453 $11,730,811 — Florists 4531 $2,559,284 $5,935,259 Office Supplies, Stationery & Gift Stores 4532 — — Used Merchandise Stores 4533 — — Other Miscellaneous Store Retailers 4539 $15,080,715 $3,921,600 Nonstore Retailers 454 $6,151,228 $15,741,933 Electronic Shopping & Mail-Order Houses 4541 — $981,439 Vending Machine Operators 4542 $2,485,426 $4,397,508 Direct Selling Establishments 4543 $3,741,273 $10,362,986 Food Services & Drinking Places 722 — — Special Food Services 7223 $2,058,876 $2,961,231 Drinking Places - Alcoholic Beverages 7224 — — Restaurants/Other Eating Places 7225 — — STONE WOOD HILLS 1 Hillside Drive extends to: • Hillside Crossings • Shops at Broken Arrow • The Park at Adams Creek Home to Oklahoma’s largest Bass Pro Shop, Stone Wood Hills sits on 430 acres along the Broken Arrow Expressway (SH-51). This site provides an outstanding view of Broken Arrow and Tulsa, centered around a combination of retail, restaurant, and office development. Sites front along Broken Arrow’s busiest highway traveled by 90k cars per day. This site is home to a new conference center and hotel project with 35,000 sf of conference space and 180 room hotel capacity. BROKENBROKEN ARROW, ARROW, OKLAHOMA OKLAHOMA BrokenArrowRetail.com BACHAMBER.COM | | 918-251-1518 918.893.2113 STATISTICS 5 MINUTE 10 MINUTE 15 MINUTE DRIVE TIME DRIVE TIME DRIVE TIME DEMOGRAPHICSstone wood 2024 Projection 22,512 92,083 220,923 2019 Population 20,341 83,379 203,867 2019 Median Household Income $59,287 $66,398 $63,179 Source: STI PopStats TRAFFIC COUNTS (VPD) Elm Pl (intersecting Albany) N - 8,365 S - 11,489hills Albany St (intersecting Elm) W - 10,361 E - 10,563 Broken Arrow Expressway (at Elm) Over 80,000 cars per day SITE MAP All statements herein are for informational purposes only and are believed to be reliable; however, no warranty or representation is made to the accuracy thereof and the same is submitted subject to errors, omissions, change of price, terms, conditions and prior sale or lease. Demographic information provided by Synergos Technologies, Inc., ESRI 2018. Traffic counts from City of Broken Arrow, Oklahoma Turnpike Authority and Oklahoma Department of Transportation. Aerials ©2015 Google. SOUTH BA 2 With over 500 acres available for retail development in partnership with the City of Broken Arrow, the South Broken Arrow corridor is our newest commercial location. Anchored by the 150,000 sf Warren Theatres, the 110 acre “Shops at Aspen Creek” development is destined to be a gathering spot for south Tulsans, Broken Arrowans, as well as residents of other nearby communities looking for new shopping, dining, lodging, entertainment, and office experiences. With easy ingress and egress from 3 exits on the Turnpike, including the newly constructed Aspen exit, as well as expansion and widening of Aspen and Tucson, this is a great place to locate retailers and new development projects. Sound Mind Specialty Hospital- proposed construction 2019-2020 BROKENBROKEN ARROW, ARROW, OKLAHOMA OKLAHOMA BrokenArrowRetail.com BACHAMBER.COM | | 918-251-1518 918.893.2113 STATISTICS 5 MINUTE 10 MINUTE 15 MINUTE DRIVE TIME DRIVE TIME DRIVE TIME DEMOGRAPHICS 2024 Estimate 19,754 62,607 150,285 2019 Population south17,791 56,909 138,315 2019 Median Household Income $69,837 $77,046 $76,093 Source: STI PopStats TRAFFIC COUNTS (VPD) Aspen and Elm (North of Tucson/121st) N on Aspen - 9,288 N on Elm - 20,240 Tucson/121st (Between Lynn and Elm) E of Aspen - 8,497 W of Elm - 6,216 Creek Turnpike (at Elm) ba15,900 All statements herein are for informational purposes only and are believed to be reliable; however, no warranty or representation is made to the accuracy thereof and the same is submitted subject to errors, omissions, change of price, terms, conditions and prior sale or lease. Demographic information provided by Synergos Technologies, Inc., ESRI 2018. Traffic counts from City of Broken Arrow, Oklahoma Turnpike Authority and Oklahoma Department of Transportation. Aerials ©2015 Google. THE SHOPS AT 3 ASPEN CREEK The Shops at Aspen Creek is Broken Arrow’s newest commercial worth of luxurious finishes, and includes two restaurants and a development. The 150-acre Master Plan includes approximately game room. Warren Theatre opened in December 2014. 950,000 square feet of the of retail, medical, multi-family and entertainment components. This highly anticipated mixed-use Situated at the east end of The Shops at Aspen Creek is The development will include an array of big-box anchors, shopping, Reserve at Aspen Creek, a 240-unit, three-story garden dinning, and entertainment venues that rival the best in the apartment complex constructed by Griffin Properties is now nation.
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