Mcallen, Texas the Vision
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BUSINESS CARD DIE AREA 225 West Washington Street Indianapolis, IN 46204 (317) 636-1600 simon.com Information as of 5/1/16 Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG). MCALLEN, TEXAS THE VISION Redefining Luxury Shopping in South Texas. La Plaza Mall consistently ranks as one of the highest grossing malls in the US. Located just north of the Mexican border, this top-performing center is undergoing a multimillion-dollar redevelopment that will further define its status as the ultimate shopping destination in South Texas. The center will add 40 stores, four junior anchor stores, and five restaurants with its 230,000-square-foot expansion scheduled to debut in November 2017. As part of the expansion, the center will undergo a cosmetic renovation including a new dramatic feature court, a new play area, skylights, all-glass entrances, upgraded finishes, new flooring, and improved customer amenities such as soft-seating areas and refurbished restrooms. In addition, a pair of three-level parking garages will make room for 2,000 vehicles providing ample parking space for customers. I2 KEY PROPOSED JUNIOR ANCHORS PROPOSED NEW RETAIL PROPOSED RESTAURANTS S. MAIN OVERPASS TOYS “R” US PROPOSED PARKING DECKS EXISTING DEPARTMENT STORES EXISTING RETAIL EXISTING OUTLOT SOUTH 10TH ST. 10TH SOUTH SOUTH MAIN SOUTH SOUTH 11TH ST. 11TH SOUTH MACY’S HOME & CHILDREN’S STORE TORONTO AVE. SAVANNAH AVE. EAST MACY’S MULTI-LEVEL PARKING VALDE ST. DECK U DILLARD’S BICENTENNIAL BLVD. FUTURE MULTI-LEVEL PARKING DECK JCPENNEY LOGAN’S WINGATE INN ROADHOUSE WICHITA AVE. N MASTER PLAN GATEWAY TO MEXICO McAllen is located in the heart of the Rio Grande Valley of South Texas only five miles from the US/Mexico border. La Plaza Mall is the area’s premier shopping, dining, and entertainment destination. — McAllen leads the way as the largest city in one of the fastest growing metro areas in the nation according to the US Bureau of Labor Statistics. — The city ranks second to Houston in retail sales per household and per capita. — McAllen is a gateway to Mexico with two international crossings, the Anzalduas International Bridge and the Hidalgo-Reynosa International Bridge. — The Hidalgo-Reynosa Bridge connects McAllen and Hidalgo to downtown Reynosa, Mexico and the Anzalduas International Bridge links McAllen to west Reynosa, Mexico, and the express route to Monterrey. — McAllen Convention Center, located in the heart of the Rio Grande Valley, features 174,000 square feet of meeting space and a 60,000-square-foot exhibit hall. — McAllen Performing Arts Center presents a variety of nationally recognized music theatre productions to the people of South Texas and northern Mexico. EVOLVING OUR STYLE La Plaza Mall is known throughout the region as the destination for luxury shopping in South Texas. The redevelopment will further enhance its status as the premier shopping center for the region. — La Plaza Mall draws from a consumer base of more than 10 million people within a 200-mile radius including international shoppers from the Mexican states of Nuevo Leon, Tamaulipas, San Luis Potosi and Mexico City. — The center features more than 150 specialty stores. — La Plaza Mall attracts millions of visitors annually. BY THE NUMBERS Anchored by Four Department Stores Dillard’s, Macy’s, Macy’s Home & Children’s Store, JCPenney Square Footage La Plaza Mall spans more than one million square feet and is visited by more than 18 million guests each year. One Level Boasting more than 150 specialty stores. Restaurants Home to 500+ seating capacity La Plaza Cafés food court featuring unique-to-market food offerings. IN GOOD COMPANY Distinctive. Classic. Chic. Many fine brands have chosen La Plaza Mall as their preferred location in the South Texas market. — Coach — GUESS — L’Occitane — Marciano — Oakley — Pandora — Swarovski — Victoria’s Secret INDULGENT DINING An exceptional mix of dining destinations offers a unique experience for both locals and tourists. La Plaza Cafés offers shoppers ten delicious options to please even the most discerning palates. POSITIONED TO SUCCEED La Plaza Mall is ideally located at the intersection of Interstate 2 and 10th Street in McAllen, Texas. 2016 657,185 20192021 758,144722,089 — Interstate 2 is the main commercial corridor running east and west through McAllen, and 10th Street is one of the most traveled north-south connectors in the city. 2016 186,068 — The property is located in close proximity to 2021 204,133 23rd Street (SR115), the primary border crossing with Mexico. — Three nearby international bridges carry tens of 2016 $54,494 thousands of vehicles into La Plaza Mall’s trade 2021 $61,434 area every day. 2016 185,592 2016 $83,860 Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016). DESTINATION SHOPPING With Reynosa, Mexico just minutes away, La Plaza Mall enjoys a significant influx of Mexican Nationals. — Approximately 40% of the shopper base is from Mexico. — Mexican Nationals account for more than double the sales of the local shopper. — The center is adjacent to the McAllen-Miller International Airport that offers daily nonstop flights to Dallas, Houston, Las Vegas, Mexico City, and Orlando. Linn San Perlita Los Angeles Ranchette Estates Raymondville TRADE AREA BOUNDARYLasara Hargill 69C Lyford Faysville 69E Elias-Fela Solis Monte Alto Santa Monica Eugenio Saenz Doolittle Zapata Ranch Edinburg Sebastian El Socio Citrus City Zarate Yznaga Cesar Chavez La Blanca Rafael Pena Elsa Alton San Carlos Edcouch La Villa Quesada Dong Laguna Seca West Sharyland Tierra Bonita La Grulla Murillo Cuevitas Palmhurst Muniz Santa Rosa Havana Penitas Combes Lopezville Grand Acres Los Ebanos Perezvi2lle Rio Hondo Palmview McAllen Olivarez Primera Mila Doce Abram Palmview South North Alamo Indian Hills Arroyo Garden Mission Ratamosa Juarez Midway North Lozano 1 Heidelberg 4 Arroyo Colorado Estates La Feria North Alamo Donna 2 Harlingen Mercedes Pharr Midway South 2 South Alamo Granjeno Bixby Scissors Villa Verde Green Valley Farms La Feria Laure El Camino Angosto69E Hidalgo Rangerville Progreso Lago Indian Lake Relampago Santa Maria Progreso Lakes La Paloma Los Indios Rancho Viejo Olmito N 0 10 MEXICO San Pedro MILES 3 TRADE AREA & COMPETITION 1 La Plaza Mall 2 Rio Grande Valley Premium Outlets Simon Centers Competition 3 Sunrise Mall 4 Valle Vista Mall I2 EXPANSION WING SAVANNAH AVE. S. BICENTENNIAL BLVD. MACY'S HOME & CHILDREN’S STORE UVALDE AVE. MACY'S DILLARD'S SR336 / S.10TH ST. LA PLAZA MALL JCPENNEY WICHITA AVE. N MCALLENMILLER INTERNATIONAL AIRPORT KEYAERIAL OVERVIEW PROPOSED JUNIOR ANCHORS PROPOSED NEW RETAIL NORTH AERIAL VIEW PROPOSED RESTAURANTS UNIQUE OPPORTUNITY La Plaza Mall presents a unique opportunity for your brand. Please contact the following leasing professional for more information. Mike Katz (317) 685-7347 [email protected] 225 West Washington Street Indianapolis, IN 46204 (317) 636-1600 simon.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)..