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95Th & Metcalf NORTHWEST KANSAS CITY NORTHEAST KANSAS CITY th & metcalf 95 THE PLACE. THE PEOPLE. THE PLAN. WYANDOTTE COUNTY EAST JACKSON COUNTY CENTRAL KANSAS CITY NORTH JOHNSON COUNTY SOUTH KANSAS SOUTH CITY JOHNSON COUNTY SOUTHEAST TRADE AREA 95TH & METCALF 3 th & metcalf THE PLACE. THE PEOPLE. THE PLAN. Ward Pkwy. Ward Mission Rd. 95 Fall 2014 Shawnee Mission Pkwy. State Line Rd. Line Rd. State Metcalf Ave. Metcalf Ave. Wornall Rd. Wornall POISED TO BE THE DOMINENT RETAIL, RESTAURANT, Nall Ave. ENTERTAINMENT, RESIDENTIAL AND OFFICE Roe Ave. DEVELOPMENT IN NORTHERN JOHNSON COUNTY 75th St. Downtown Overland Park 60+ CONTIGUOUS ACRES IN THE HEART OF OVERLAND PARK Ward Pkwy. One of the strongest retail and demographic Center trade ares in the country Lamar Ave. IMMENSE SPENDING POWER th & metcalf Johnson County boasts the highest median THE PEOPLE. THE PLACE. THE PLAN. income and highest per capita income in a 95 six state area 95th St. th & metcalf Oak Park Mall 95th St. - 30,055 VPD THE PEOPLE. THE PLACE. THE PLAN. 95 Sales PSF: $495 1 INCREDIBLE SCHOOL SYSTEM m ile Highest rated schools in the Metro area continue to bring new and thriving families to this infill neighborhood 3 m IMPRESSIVE DRIVE TIME REACH i le Twenty-five percent of the entire metro VPD - 46,383 Metcalf Ave. s Town Center Plaza population lives within a 15-minute drive, and over forty-five percent lives within a 20-minute drive of the site. PRIME VISIBILITY 119th St. 5 Over 76,000 CPD pass directly in front of the 103rd St. m il site on Metcalf Avenue and 95th Street. es 135th St. 135th St. Corbin Park PrairieFire 1.4 mi 146,000 VPD 95TH & METCALF 5 th & metcalf THE PLACE. THE PEOPLE. THE PLAN. 95 DENSE SUBURBAN POPULATION COMPARABLE RETAIL CORRIDORS NORTHERN JOHNSON COUNTY TRADE AREA Number one out of 12 top KC metro retail Suburban infill sites in metropolitan areas locations by population: JOHNSON COUNTY, KS 1 mi 5 mi 1. Colorado Blvd. & Mississippi - Denver, CO 95TH AND METCALF 12,268 251,062 2. Arapahoe & University - Centennial, CO Johnson County boasts the Highest Median 135th and I-35 10,956 164,356 3. Northwest Hwy. & Pennsylvania - Oklahoma City, OK 4. 72nd & Dodge - Omaha, NE Income and Highest Per Capita Income 95th and Quivira 10,500 225,386 in the 6 state area (KS, MO, AK, OK, IA, NE). 5. Sawmill Road & Granville - Dublin, OH 119th and Black Bob 10,364 223,289 6. Willow Rd. & Waukegan - Northbrook, IL 135th and Metcalf 9,965 189,094 OVERLAND PARK, KS 7. Route 65 & Naperville Rd. - Wheaton, IL Ward Parkway Center 9,365 228,888 8. Alameda & Wadsworth - Lakewood, CO Overland Park, Kansas is consistently named in 9. Brentwood & Clayton Rd. - Clayton, CO I-29 and Barry Rd 9,350 89,697 Money Magazine’s “Best Cities in the US to Live,” 10. 86th & Keystone - Indianapolis, IN 119th and Roe 7,251 197,590 most recently as #9 in 2012. I-35 and Johnson Dr 6,860 208,704 Total Population 3 Miles Top 10 Small Cities for Quality of Life I-35 and Hwy 152 4,577 79,932 5 Miles Top 10 Cities for Financial Services Jobs Summit Woods Crossing 3,088 101,778 500,000 400,000 SUPERIOR DEMOGRAPHICS 300,000 200,000 95th & Metcalf 400,000 135th & Metcalf 100,000 95th & Quivira 0 95th & 95TH AND METCALF Metcalf 1 2 3 4 5 6 7 8 9 10 350,000 Shawnee Downtown Independence Plaza Average HH Income 300,000 $160,000 3 Miles 250,000 $160,000 5 Miles Lenexa DRIVE TIME DEMOGRAPHICS $140,000 DRIVE TIME 10 MIN 15 MIN 20 MIN 200,000 $120,000 Total Population 213,847 570,864 958,113 $100,000 Overland Park Total Households 95,378 235,341 389,885 $80,000 Avg. HH income $85,681 $84,996 $74,903 150,000 Olathe Summi t $60,000 RADIUS DEMOGRAPHICS 100,000 $40,000 3 MILES 5 MILES 7 MILES $20,000 Raymore/Belton Total Population 89,363 251,062 441,197 0 0 95th & Metcalf 1 2 3 4 5 6 7 8 9 10 Total Households 39,594 112,246 189,518 Avg. HH income $79,244 $84,845 $87,869 Population Population Households Households Daytime Pop Daytime Pop 5 miles 7 miles 95 th & metcalf 95 THE PLACE. THE PEOPLE. THE PLAN. HIGHEST HH INCOME BY COUNTY IN THE KANSAS CITY METRO HIGHLY EDUCATED Eighty percent of the surrounding population is college educated, well over the Kansas City MSA and national averages. 95th & Metcalf: 80.1% KC Average: 62.6% US National Avg.: 57.0% WELL EMPLOYED The immediate surrounding community has a higher white collar population as compared to the Kansas City Metropolitan average 78% within 3 miles vs. KC Metro 64% IMMENSE SPENDING POWER The average disposable income in a 5-mile radius is $63,630 -- almost $10,000 more than the Kansas City Metro average. Households that make up 50% of all income in the KC metro are located within a 20 minute drive. STABLE, SUPPORTIVE NEIGHBORHOOD AND SUPERIOR SCHOOLS th & metcalf The surrounding neighborhoods are made up of both young and mature familes and prosperous empty 95 THE PEOPLE. THE PLACE. THE PLAN. nesters, leading to a stable, involved community with high property value and low crime. Overland Park schools are consistently rated in the top schools in the United States in academics, acheivements, and education. Most recently, Shawnee Mission School District was a 2014 recipient of the Presidential Award for Excellence in Mathematics and Science Teaching, and three of the five high schools Average HH Income were named in The Washington Post’s Top High Schools in the Nation. These rankings continue to draw young and new families into the inner-suburbs of the Metro. $96,000 or more $72,000 - $95,999 $55,000 - $71,999 $39,000 - $54,999 Less than $39,000 th & metcalf THE PLACE. THE PEOPLE. THE PLAN. 95 From the KC Business Journal 95TH AND METCALF IN THE NEWS LANE4 Aquires Metcalf South, 95West Shopping Centers Lane4 Property Group Inc. has teamed with the Kroenke Group of Columbia to buy two prime but largely vacant retail properties at 95th Street and Metcalf Avenue in Overland Park. The properties are the Metcalf South Mall at the southeast corner of the intersection and the 95 West Shopping Center (originally known as the French Market) at the northeast Metcalf Avenue corner of the same intersection. Kmart recent- ly vacated the 95 West Shopping Center. MD Management sold both properties. The deal includes the Metcalf South building housing Macy’s, which recently announced plans to close, and the still-operating Red Lobster and Olive Garden restaurant properties, for a total of 62.11 acres. It does not include the Sears building at Metcalf South, which is owned and operated by Sears. Originally opened in 1967, the Metcalf South Mall and 95 West Shopping Center were developed by Frank Morgan and Sherman 95th Street PROJECT AREA Dreiseszun, who later formed MD Management. The 95th & Metcalf intersection was, and still is, considered one of the busiest intersections in the metropolitan area. Metcalf South was one of the first malls of its kind in the United States and for many years — anchored by Sears and The Jones Store (later acquired by Macy’s) — was the preeminent mall in the metro area. “The opportunity to redevelop and reposition these properties in a positive and meaningful way is exciting to us,” Owen -Buck ley, president and founder of Lane4, said in a release. “We are equally excited about partnering with The Kroenke Group be- cause of their successful track record in commercial real estate across the country and their deep understanding of the Kansas City market.” “Today’s announcement by Lane4 signals new hope and excitement for these two prominent and highly visible retail locations,” said Overland Park Mayor Carl Gerlach. “I know Lane4 officials are ready to move for- Today’s announcement by ward and talk with the residents in the area and the city about future plans.” LANE4 signals new hope “ “ MD Management had been working toward the redevelopment Metcalf and excitement for these South and 95 West before Lane4 offered to buy the properties, said Adam two prominent and highly Feldman, COO of MD Management. visible retail locations. “We congratulate the Lane4-Kroenke Group team,” Feldman said, “and we Sears Owned Parcel Mayor of Overland Park, Carl Gerlach are excited to see them reinvent this iconic intersection. Despite the sale of these properties, MD Management will continue to reinvest in its real (Not Included) estate portfolio throughout the Midwest and look to strategically acquire new assets.” “Obviously, this is an important project for our community and we want to get it right,” Buckley said. “The first order of business will be to reach out to the neighbors, community and city to explore ideas and possibilities. We are starting with a blank canvas and do not have any specific plan or design in place.” 95TH & METCALF 11 th & metcalf THE PLACE. THE PEOPLE. THE PLAN. 95 THE KANSAS CITY METRO MARKET THE METRO AT A GLANCE Home to 2.5 million people, Kansas City is a bi-state region including the Kansas City, MO-KS, Lawrence, KS, St. Joseph, MO, and Topeka, KS metropolitan areas, as well as adjacent non-metro counties that include the cities of Warrensburg and Chillicothe, MO, and Atchison, KS. Metro population: 2 million Annual per household income: $71,141 Per capita income: $28,262 Median home price: $131,300 Average age: 36.1 High school education: 90.4% College degree: 32.8% KANSAS CITY ATTRIBUTES Major Corporate Headquarters in KC #2 Happiest Places to Live • AMC Entertainment • Great Plains Energy • American Century • H&R Block #5 Cities Creating the Most High Paying • BATS Trading • Hallmark Cards s Job • Black & Veatch • Hill's Pet Nutrition • Burns & McDonnell • JE Dunn #6 Best Cities to Raise a Family • Cerner Corporation • Seaboard Corporation • Collective Brands • Sprint Corporation Most Promising Tech Hubs to • Commerce Bank • UMB Financial Top 10 Watch in 2014 • DeBruce Grain • Westar Energy • DST Systems • YRC Worldwide Top 10 Family Vacation Spots in the • Garmin International World Top 20 Places to Visit in Your 20s LANE4 Property Group 4705 Central Street Kansas City, MO 64112 P: 816.960.1444 F: 816.960.1441 th & metcalf www.lane4group.com 95 THE PLACE.
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