Lighthouse Place Premium Outlets® Michigan City, in Lighthouse Place Premium Outlets Michigan City, in Major Metropolitan Areas Select Tenants Lake Michigan 12
Total Page:16
File Type:pdf, Size:1020Kb
LIGHTHOUSE PLACE® PREMIUM OUTLETS THE SIMON EXPERIENCE — WHERE BRANDS & COMMUNITIES COME TOGETHER More than real estate, we are a company of experiences. For our guests, we provide distinctive shopping, dining and entertainment. For our retailers, we offer the unique opportunity to thrive in the best retail real estate in the best markets. From new projects and redevelopments to acquisitions and mergers, we are continuously evaluating our portfolio to enhance the Simon experience - places where people choose to shop and retailers want to be. We deliver: SCALE Largest global owner of retail real estate including Malls, Simon Premium Outlets® and The Mills® QUALITY Iconic, irreplaceable properties in great locations INVESTMENT Active portfolio management increases productivity and returns GROWTH Core business and strategic acquisitions drive performance EXPERIENCE Decades of expertise in development, ownership, and management That’s the advantage of leasing with Simon. PROPERTY OVERVIEW LIGHTHOUSE PLACE PREMIUM OUTLETS® MICHIGAN CITY, IN LIGHTHOUSE PLACE PREMIUM OUTLETS MICHIGAN CITY, IN MAJOR METROPOLITAN AREAS SELECT TENANTS LAKE MICHIGAN 12 35 M ic South Bend: 50 miles adidas, American Eagle Outfitters, Ann Taylor Factory Store, Banana hig an 6th Street Blv Chicago, IL: 60 miles Republic Factory Store, BCBGMAXAZRIA, Calvin Klein Company Store, d. bash Grand Rapids, MI: 120 miles Coach, DKNY Company Store, Eddie Bauer Outlet, Gap Factory Store, Wa 20 GUESS Factory Store, Gymboree Outlet, Hollister Co. Outlet, J.Crew Franklen St. 421 94 RETAIL Factory, Kenneth Cole Company Store, LOFT Outlet, Michael Kors Outlet, Movado Company Store, NikeFactoryStore, The North Face, 90 GLA (sq. ft.) 455,000; 120 stores Polo Ralph Lauren Factory Store, Puma, Tommy Hilfiger Company Store, 80 Under Armour Factory House, Vera Bradley Chicago Michigan Indiana OPENING DATES LAKE MICHIGAN 90 TOURISM / MAJOR ATTRACTIONS 94 94 Michigan City Opened 1987 90 80 Expanded 1988, 1991, 1994, 1995, Local and nearby attractions include the Blue Chip Casino, Hotel & Spa; 294 1997 Lake Michigan beaches and marinas; the Indiana Dunes National 65 421 Lakeshore; zoo and museums; orchards; antique shops; and more. Illinois Indiana Nearly seven million people reside within a 60-mile radius of the center. RADIUS POPULATION Over five million tourists visit the Michigan City area each year. 15 mile population: 133,885 30 mile population: 573,776 MARKET OVERVIEW 45 mile population: 4,080,430 Lighthouse Place Premium Outlets is perfectly situated to capture the high volume of traffic flowing from Chicago en route to Lake Michigan AVERAGE HH INCOME resorts. The center is a popular destination for day trips from Chicago, 30 mile average: $63,974 Grand Rapids, and South Bend. LOCATION / DIRECTIONS Intersection of 6th & Wabash Streets, Michigan City, Indiana — From Chicago: Take I-94 to Exit 34B — From Michigan: Take I-94 to Exit 40B — From South Bend: Take I-80/90 to Exit 39 Information accurate as of 5/1/15. Sources: SPG Research; trade area demographic information per Pitney Bowes MapInfo (2014). SITE AND PLAN LIGHTHOUSE PREMIUM OUTLETS W. 8th ST. W. 4th ST. 4th W. WABASH ST. NORTH W. 6th ST. W. 8TH STREET WABASH STREET WABASH SURROUNDING AREA CENTERS Winthrop Harbor Otsego Antioch Wadsworth Beach Park ndenhurst Bloomingdale SURROUNDING AREA CENTERS eights Gurnee Third Lake Park City Gobles sville Breedsville Simon Centers ke Park 45 MILES North Chicago Bangor Competition Knollwood bertyville Mettawa Lake Forest Indian Creek Lawrence Mattawa 1 Lighthouse Place Premium Outlets® e Lake Michigan Beach Paw Paw Highwood Hartford 2 Clybourn Galleria ildeer Coloma Riverwoods Watervliet Lawton 3 Concord Mall ong Grove Northbrook e Benton Heights 4 Erskine Village s Prospect HeightsWinnetka 30 MILES Decatur Kenilworth St Joseph 5 Ford City Mall ng Meadows 99 Golf Wilmette Shoreham Fair Plain 6 Heritage Square Morton Grove Lincolnwood Marcellus 7 Lincoln Mall Elk Grove Village Stevensville Rosemont 8 Marquette Mall urg Harwood Heights Eau Claire Dowagiac asca Wood Dale 9 The Orchards Mall Bensenville Norridge Baroda Berrien Springs Heights River Grove 2 Vandalia 10 River Oaks Center Northlake Elmwood Park2 14 15 MILES illa Park 1114 Cassopolis 11 The Shops at North Bridge Broadview New Troy Ellyn Elmhurst 11 Niles North Riverside Chicago 12 Southlake Mall Oak Brook C Stickney Buchanan Clarendon Hills Three Oaks 13 University Park Mall Galien Edwardsburg e Hinsdale SummitForest View 14 Water Tower Place Indian Head Park Burbank5 Michiana Shores ok Hodgkins 5 Granger Simonton Lake Hometown Hudson Lake 6 Willow Springs 136 Bristol Oak Lawn Evergreen Park 1 Michigan City Indian Village Lemont New Carlisle 13 Mishawaka Woodridge Merrionette Park Elkhart Middlebury Whiting Beverly Shores 8 Rolling Prairie South Bend Riverdale East Chicago 8 Osceola Palos Park Porter lle Burnham Dunlap33 Posen Ogden Dunes 4 Orland Hills Phoenix Calumet City Lockport 10 Chesterton La Porte Oak Forest 10 Gary East Hazel Crest Portage Goshen rmont Fish Lake Orland Park Lansing New Chicago ark Glenwood South Haven Westville Olympia Fields Hobart Kingsbury Lakeville Wakarusa Mille New Lenox Matteson Ford HeightsDyer Salt Creek Commons North Liberty 7 7 New Paris Heights Merrillville Valparaiso Kingsford Heights Frankfort University Park Crete Willowbrook 12 Walkerton La Paz Bremen anhattan Park Forest St John Aberdeen Crown Point Wanatah Nappanee Syracuse Monee Lakes of the Four Seasons Hanna Koontz Lake Milford Hamlet Cedar Lake Beecher Lake Dalecarlia Plymouth merton Peotone Hebron Leesburg Kouts La Crosse Bourbon Lowell Knox Etna Green Manteno Grant Park Argos Warsaw North Judson Bass Lake Winona Lake Shelby Culver Bourbonnais De Motte San Pierre Schneider Mentone Bradley Momence Roselawn Monterey Burket Claypool Lake Village Limestone Sun River Terrace Sidney Hopkins Park Kankakee Aroma Park Medaryville Silver Lake Rochester er Irwin Winamac Sammons Point Akron St Anne Kewanna North Manchest Chebanse Francesville Star City Laketon Papineau Macy Morocco Mount Ayr Fulton Clifton Rensselaer Mtit OTHER RETAIL SHOPPING CENTERS GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME Marquette Mall 515,000 sf Carson’s, Sears 3 miles / 10 minutes Michigan City, IN Village Shopping Center 450,000 sf JCPenney 24 miles / 35 minutes Gary, IN Southlake Mall 1,121,000 sf Carson’s, JCPenney, Macy’s, Sears 30 miles / 45 minutes Merrillville, IN The Orchards Mall 625,000 sf Carson’s, JCPenney 35 miles / 50 minutes Benton Harbor, MI River Oaks Center 1,193,000 sf Macy’s, JCPenney 35 miles / 50 minutes Calumet City, IL University Park Mall 921,000 sf Macy’s, JCPenney, Sears 38 miles / 50 minutes Mischawaka, IN Concord Mall 600,000 sf Carson’s, JCPenney 45 miles / 1 hour Elkhart, IN Chicago Ridge Mall 854,000 sf Carson’s, Sears 47 miles / 1 hour Chicago Ridge, IL Orland Square 1,232,000 sf Carson’s, Macy’s, JCPenney, Sears 50 miles / 1 hour 10 minutes Orland Park, IL OUTLET SHOPPING GROSS LEASABLE AREA ANCHORS DISTANCE / DRIVE-TIME Chicago Premium Outlets® 437,000 sf Phase 2 Opening August 2015 250,000 sf Saks Fifth Avenue OFF 5TH 95 miles / 2 hours Aurora, IL 60 Columbia Road Building B 3rd Floor Morristown, NJ 07960 (973) 228-6111 premiumoutlets.com Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG)..