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Belden Village Mall Belden Village Mall Belden Village Mall Jackson Township, (Canton) Ohio When most people think of Canton, Ohio, they think of football: it’s the birthplace of the National Football KENT, OH League and home to the Pro Football Hall of Fame. AKRON, OH But that’s not the whole story, especially for Belden WOOSTER, OH Village Mall, located just five miles away in suburban CANTON, OH Jackson Township. While hosting and benefiting from the people who visit the Hall each year, Belden Village’s 10 MILES incomparable accessibility in a large, affluent, growing trade area is helping create an entirely new retail district in the midst of an established city. Benefiting from strong anchors, strong demographics, and strong tourism, Belden Village Mall is a touchdown all around. Belden Village Mall Jackson Township, (Canton) Ohio • Enclosed, single-level regional mall • Located between Canton and Akron • Only enclosed mall in 20-mile radius • Five miles from Pro Football Hall of Fame, Ohio’s top tourist attraction Property Description major roads I-77 and Everhard Road center description Enclosed, one-level center anchors Macy’s, Dillard’s and Sears total sf 820,000 key tenants Coach, Francesca’s, Loft, Pandora, Chico’s, White # of stores 120 House Black Market, Victoria’s Secret, PINK, Hollister, White Barn, Bravo Cucina Italiana, Justice, # of parking 4,000 Chick-fil-A, Aerie, The Rail, Burntwood Tavern, Starbucks, and Melt Bar & Grilled THE CENTER THE MARKET STARWOOD Belden Village Mall Stark County, Ohio is known as America’s Playing Field! THE CENTER THE MARKET STARWOOD Belden Village Mall • Excellent visibility and accessibility at Interstate 77 • Draws from seven-county trade area • Highly performing anchors and specialty tenants • Retail core of a strong resident and growing tourist market Heart of Growth More than 105,000 vehicles daily on I-77 “Ohio’s Golf Capital,” with 20 public and adjacent roads courses in Stark County Expansive trade area, drawing shoppers Nearby big box development will further from communities along I-77 and State reinforce area as regional retail draw Routes 30 and 62 Major dining destination THE CENTER THE MARKET STARWOOD Belden Village Mall “Akron-Canton’s First Choice in shopping … with a unique blend of more than 120 regional, local and national retailers, eateries and restaurants” — VisitCanton.com • Established, yet evolving market • Major industries include healthcare, education, government, alternative fuels, agribusiness and tourism • World-class hospitals and universities • Growing tourism base Diverse And Evolving Community Total trade area population More than 33,000 college and of 355,192 people university students in trade area 1 in 3 trade area households earn 1,000 hotel rooms being built within $75,000+ 10 miles of mall over next five years 51,800 daytime employees within 3 Pro Football Hall of Fame expanding miles, doubling to 106,400 within 5 miles Stadium expanding to NFL capacity THE CENTER THE MARKET STARWOOD Belden Village Mall • Family-oriented community Primary Trade Area Average Household Expenditures on Par • Excellent public and private schools with US $2,288 on food away from • 1 in 3 trade area households have children under 18 home $1,654 on apparel $912 on personal care • Cost of living and housing average 20% to 30% below US products and services $768 on sports and recreation $574 on household furnishings THE CENTER THE MARKET STARWOOD Belden Village Mall Summit Mall Beachwood Place Distance to Competition (Fairlawn) (Beachwood) AKRON-CANTON Beachwood Place AIRPORT Driving – 49 mi, 51 min Belden Park Crossings Driving – 1 mi, 4 min Summit Mall NORTH CANTON Driving – 26 mi, 30 min The Strip Dressler Road The Strip 19,200 AADT Belden Village Mall Driving – 2 mi, 5 min Belden Park Crossings Everhard Road 24,600 AADT Belden Village Street 21,800 AADT Whipple Avenue 24,700 AADT MASSILLON CANTON Legend 22.5 MILES WACO Primary Trade Area I-77 Secondary Trade Area 80,800 AADT Competition Access Roads (AADT= annual average 3 MILES daily traffic) THE CENTER THE MARKET STARWOOD Belden Village Mall Brown Mackie College Area Attractions (Akron) Pro Football Hall of Fame AKRON-CANTON AIRPORT William McKinley Presidential Library Diebold Inc (HQ) University of Mount Union (Alliance) National First Ladies’ Library Ohio’s I-77 Golf Corridor I-77 MAPS Air Museum NORTH CANTON Predominant Colleges Walsh University Stark State College Kent State University, Stark Belden Village Mall Kent State University, Campus Stark Campus Stark State College Walsh University University of Mount Union Malone University Malone University Brown Mackie College Aultman College of Nursing Mercy Medical Center and Health Sciences CANTON Combined enrollment: 27,600 Aultman Hospital Stark County Government 172 Legend Aultman College of Nursing and Health Sciences EAST Primary Trade Area MASSILLON 30 CANTON Secondary Trade Area Timken Co. (HQ) WACO Colleges 62 Key Employers 3 MILES I-77 THE CENTER THE MARKET STARWOOD Belden Village Mall Demographics PTA1 STA2 TTA3 US Avg Population 2017 estimate 198,541 156,651 355,192 Named “Tech Hotspot” 2022 projection 199,604 157,351 356,955 — Engine Advocacy % growth 2016–2021 0.5% 0.4% 0.5% 3.8% Population White 86% 89% 87% 70% “A growing arts district in By Race Black 9% 7% 8% 13% Downtown Canton, and an Asian 1% 1% 1% 6% abundance of great outdoor adventures all around town!” Hispanic Ethnicity 3% 2% 2% 18% — VisitCanton.com Median Age 42 42 42 38 % age 15-24 13% 14% 13% 14% “City of Canton provides its % age 25 to 44 23% 23% 23% 26% residents with many benefits % age 45 to 64 27% 28% 28% 26% of big-city living while Households 2017 estimate 83,497 61,457 144,954 maintaining its charm as a 2022 projection 84,330 62,070 146,400 medium-sized Midwestern 2017 households with kids under 18 29% 32% 30% 34% town.” Average 2017 estimate $67,364 $65,542 $66,592 $80,853 — CantonOhio.gov Household % earning $75,000+ 30% 31% 30% 38% Income 2022 projection $73,409 $71,135 $72,445 $87,464 Stark County is the perfect Education % college educated 56% 49% 53% 59% place to visit or relocate to with its low cost of living, great 1-MILE 3-MILE 5-MILE 10-MILE shopping opportunities, Amish Business & business establishments 1,631 4,922 9,339 15,419 country, beautiful parks and Employment daytime employment 17,443 51,849 106,473 181,114 golf courses. — Stark County 1 Primary Trade Area 2 Secondary Trade Area 3 Total Trade Area THE CENTER THE MARKET STARWOOD Belden Village Mall Predominant Market Lifestyle Segments Cautious Traditionalists—27% Young Achievers & • Over 55 year-old mix of Accumulators—20% singles and couples • Married, upper-middle class • High rate of home ownership families with children • Fans of reading, home-based • Tech savvy singles and hobbies and travel couples • Enjoy eating out at family • Mix of mid-career, professional restaurants and managerial jobs • Pursue entertainment outside • Enjoy the outdoors and the home entertainment activities • Favor team sports and kid- friendly technology Conservative Classics—12% Mainstream Families—9% • Upper-middle-class age 55+ • Family mix with adults • Childless singles and couples age 35 to 50 • College-educated • Middle-class • Enjoy comforts of home, • Modestly priced homes gardening, reading, and • Maintain lifestyles befitting entertaining large families • Frequent patrons to • Rank high in outdoor museums, the theater, and activities and sports casual-dining restaurants THE CENTER THE MARKET STARWOOD Belden Village Mall Starwood Retail Partners: A New Kind Of Owner For A New Generation Of Retail Starwood Retail Partners is not your father’s — or your grandfather’s — landlord. We’re acquiring, redeveloping, managing, leasing and operating the next generation of shopping centers for a new generation of shoppers: active, exciting community cores for an increasingly interconnected consumer. Owned by Starwood Capital Group, we’ve grown our portfolio to 30 centers in 16 states across the United States since our founding in 2012, working with top-tier investment firms to help finance our properties, and employing the talents and skills of the most creative professionals in the business to maximize their value. We build solid relationships and partner with our retailers to ensure that they are in the right property at the right time, with the right deal to support their success now and in the future. We invest in innovative technologies that help our properties become more productive, our stores more exciting and our shoppers more engaged. We understand that ultimately, as an owner, as an employer and as a citizen of our communities, it’s not about property, it’s about people. California Illinois North Carolina Metreon The Arboretum of South Barrington Northlake Mall Chuck Bechara / Director, Leasing / 330.501.7233 / Northridge Mall Chicago Ridge Mall [email protected] Parkway Plaza Louis Joliet Mall Ohio Belden Village Mall Plaza West Covina The Promenade Bolingbrook / Director, Big Box Leasing & Development / 312.283.5121 / Solano Town Center Franklin Park Mall Bill Cikalo Indiana Great Northern Mall [email protected] Colorado Southlake Mall SouthPark Mall Belmar Kentucky Texas Jake Miller / Senior Associate, National Restaurant and Entertainment Connecticut Hamburg Pavilion The Shops at Willow Bend Leasing – Central / 614.256.7385 / [email protected] Blue Back Square Michigan Virginia Florida Fairlane Town Center MacArthur Center Bryant Siragusa / Vice President, National Restaurant and Entertainment
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