TIME WELL SPENT
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2 Minneapolis-St.MinneapolisMinneapolis-nneapol Paul is a dynamicnamicamicmic market markemark where residentstss WHY THE TWIN CITIES? enjoyy an active,a outdoor lifestylee year-round.year Thanks to the region’s true four seasons, there are four seasons of strong retail sales.
*«Õ>Ìv3.6 million No. 41°-° ÌÞvÀ i>à q CNBC]Óä£n 16th largest -ƂÌ i1°-° No. 1 Midwest marketvÀtech talent No. 2>À}iÃÌiVÞÌ i `ÜiÃÌ – CBRE Group, Inc., 2018 – U.S. Bureau of Economic Analysis 6th highesti`> ÕÃi `Vi More Fortune 500 companies «iÀ Ì i>Ì V>«Ì>£n®Ì >>ÞÌ iÀ1°-°iÌÀ 18% higherÌ >Ì i1°-°>ÛiÀ>}i q Forbes]Óä£Ç – 2016 U.S. Census data 1Ìi`i>Ì ÀÕ« />À}iÌ iÃÌ ÕÞ 1°-° >VÀ« iiÀ> à 3 WHY EDEN PRAIRIE, MINNESOTA? NO. 2
BEST PLACE No. 2 Best Place to Live in the U.S. A Community of Contentment TO LIVE q Money Magazine]Óä£È >Óä£È+Õ>ÌÞvviÃÕÀÛiÞ]x¯ vÀiÃ`iÌÃ}>Ûi `i*À>Ài}` IN THE U.S. ÀiÝViiÌÀ>Ì}à Money Magazine 2016 No. 2 Lake Beach Town in America q WalletHub]Óä£n The Great Outdoors / iVÌÞL>ÃÌÃÎÇ«>ÀÃ]£Ç>ià / ifastest-growingÀi} >`ÓääiÃvÃ`iÜ>Ã>`ÌÀ>à iÃÌ> – U.S. Census population report `i*À>ÀiÃÜvÀÌÃJack Nicklaus Signature Golf Course] i>À*>Ì ]Ü V VÕ`iÃ>ÕÝÕÀÞ }>Ìi`ÀiÃ`iÌ>VÕÌÞ
4 TRADE AREA
/À>`i>Ài>««Õ>Ì\1,003,665
ƂÛiÀ>}i\$126,512 Highest >}ÃÕÀÀÕ`}> V«iÌÌÀÃ Elk River Forest Lake Ramsey xi`>ÞÌi««Õ>Ì\210,275* St Michael
-iÛiÀ>ÜÀ` i>`µÕ>ÀÌiÀÃ>` 12 Maple Grove vÕÀÀÌÕixääV«>iÃV> Rosedale Center `i*À>Ài i\ Ridgedale Center Minneapolis "*/1 `ÛÃv1Ìi`i>Ì V>Ài St Paul 94 Minnetonka -Õ«iÀ6>Õ Hutchinson Southdale Center °°,LÃ7À`Ü`i 494 35W Î «>Þ
212 58%và ««iÀÃÛiÜÌ £äià 15 miles Lakeville -ÌÀ}iÃÌà ««iÀ«iiÌÀ>ÌiÝÌi`à 30 miles i>ÀÞ30 milesvÀÌ i«À«iÀÌÞ 45 miles 52 Legend 15 miles 169
Top 75% of Trips Sources: Alexander Babbage & *ESRI
5 TRADE AREA
MORE SHOPPERS WITH INCOME OF $100,000+
Within a 5-mile Radius Eden Prairie Center Southdale Center Ridgedale Center Rosedale Center
Average HH Income $132,691 $108,042 $111,397 $77,557
HH Income > $100,000 48.64% 37.22% 39.76% 24.59%
Median Disposable $75,366 $58,437 $61,641 $42,668 Income
Annual HH Spending: Apparel & Services, Tech, $16,986 $13,900 $14,371 $10,370 Dining Out, Groceries
Avg HH Size 2.40 2.27 2.24 2.34
Source: ESRI
6 7 Source: Alexander Babbage >Ûi> >$100,000 (49%) >ÛiV `Ài (34%)
«>Ài`ÌÌÀ>`i>Ài>>V«iÌÌÀÃ\ ÕiÃÌÃÛÃÌ 11% more often Ì ÞÛÃÌvÀiµÕiVÞv 1.9 ƂÛiÀ>}iÛÃÌ`ÕÀ>Ì\ 1 hour, 31 minutes Àiv `i*À>Ài iÌiÀ½Ãà ««iÀÃ\ 4.85% «ÀiVÌi`««Õ>ÌVÀi>ÃiÜÌ xiÃÛiÀÌ iiÝÌx Þi>ÀÃ]Ü V à 16.9% }Ài>ÌiÀÌ >1°-°>ÛiÀ>}i `i*À>Ài iÌiÀ½ÃÌÀ>`i>Ài>V>«ÌÕÀiÃÌ iÃÌvÌ i 24 – 56 age demographic (56%)
6
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To Highway 1 Highway To Prairie Center Drive (20,800 Drive Center Prairie
Restaurant Opportunity Interstate 494 (102, 000) (102, 494 Interstate
Flying Cloud Drive (31,500)
Prairie Center Drive (33,000)
U.S. 212 (92,000) 212 U.S. State Highway 5 Highway State TRADE AREA 90 SHOPS AND RESTAURANTS 10 MILLION SHOPPERS ANNUALLY 1.3 MILLION SF
ƂV Àà >Ì> EDEN PRAIRIE CENTER 6 >ÕÀ -7 />À}iÌ "` >ÛÞ ½Ã "/ *iiÞ Buckle - -Now Open!® V½Ã Ƃ / i>ÌÀià />LÌà >ÀiÃE Li American Eagle Outfitters Eddie Bauer 6VÌÀ>¿Ã-iVÀiÌ i½Ã7i>À ÕÃi ÌV ià >Ì E `Þ7Àà Ƃ` Ài
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9 SCHEELS
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*SCHEELS operated a 20,000 SF concept store at Eden Prairie Center from 2006 to 2020, with an emphasis on clothing and shoes for women, men and youth.
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THE SHOPPER
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3. Rising Stars -ÕVViÃÃvÕÞÕ}«ÀviÃÃ>à ÛiiÜiÀ iÃÜÌ ÌÀi`Þ`iÃ} ƂVÌÛÌiÃ\vÌiÃÃ>`ÜiiÃà { Ì\ÌiV 4. The Bloomburgs 7ii`ÕV>Ìi`]>vvÕiÌ *ÀÀÌâi«iÀÃ>ÃÌÞiÌ iÀ>««i>À>Vi>` ià ƂVÌÛÌiÃ\Õ«ÃV>i}Þà Ì\«ÀiÕ-16Ã>`ÕÝÕÀÞV>ÀÃ
Source: ESRI Tapestry 1 Holly Rome, CRX, CLS Lane Walsh, CLS Executive VVi*ÀiÃ`iÌ, 6Vi*ÀiÃ`iÌ National i>Ã},i«ÀiÃiÌ>ÌÛi, JLL i>Ã},i«ÀiÃiÌ>ÌÛi] ³£Èx£260 3545 ³£È£äÇxÎxä Holly.RomeJ>°°V >i°7>à J>°°V