BETHEL PARK, PA (PITTSBURGH) FORGED in STEEL Pittsburgh Is a Thriving Metropolitan Area with 4.3 Million People Living Within 75 Miles of the City
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BETHEL PARK, PA (PITTSBURGH) FORGED IN STEEL Pittsburgh is a thriving metropolitan area with 4.3 million people living within 75 miles of the city. Historically renowned as the birthplace of the steel industry, the city's renaissance over the past decade has resulted in a diverse economy focusing on technology, health care, higher education, and nancial services. ‐ Pittsburgh is recognized as a city for higher education with 29 universities and colleges in the area including the University of Pittsburgh (34,934 students), Carnegie Mellon University (13,869 students), and Duquesne University (10,363 students). ‐ Pittsburgh hosts a thriving arts and cultural district, celebrates three major sports teams, and is emerging as one of America’s most gracious destination cities. ‐ Named America’s Most Livable City six times and recently named among the 20 Great Places in the World to Experience by National Geographic Traveler. ‐ Pittsburgh continues to be a popular choice for successful professionals to work and live. It is ranked the #1 city for job opportunities, aordability and livability according to Apartment List. In 2018, for the second year in a row, Glassdoor also named the city #1 for nding a job. ‐ In 2018 National Geographic listed Pittsburgh as one of the Best U.S. Cities based on "happiness" metrics including: green spaces, galleries, coee shops, breweries, music venues, "Instagrammable" moments, and more. THE BUSINESS OF BUSINESS Pittsburgh is a robust and diverse market where progressive companies choose to grow and expand their businesses. ‐ A world-class technology hub, Pittsburgh is home to many Fortune 500 and 1000 company headquarters. Fortune 500 companies include Kraft Heinz Co., PNC Financial Services, PPG Industries, United States Steel Corporation, Wesco International, Dick’s Sporting Goods, and Alcoa Inc. Fortune 1000 companies include American Eagle Outtters, Allegheny Technologies Inc., Wabtec Corporation, GNC Holdings Inc., Kennametal Inc., and EQT. ‐ National tech companies expanding in Pittsburgh include Uber, Google, Facebook, Amazon, and Apple. ‐ Pittsburgh was recently named one of four U.S. Tech Hubs to Watch in 2018 by VentureBeat. The Brookings Institution also ranked it one of the top digitally inclusive tech cities in 2018. ‐ The city is headquarters for world-renowned medical facilities and healthcare organizations. ‐ LiveCareer.com named Pittsburgh the #2 city for software developers. ‐ Pittsburgh International Airport, ranked Airport of the Year by Air Transport World magazine, is undergoing a $1.1 billion redevelopment and redesign in 2019. WEALTHY SURROUNDINGS A thriving residential market also surrounds South Hills Village. ‐ Home value ranges in surrounding neighborhoods: Upper St. Clair - $127K-$2M Deereld Manor - $245K-$700K Brookside Farms - $500K-$750K Springeld Plan - $500K-$2M Trotwood Hills - $250K-$600K Mt. Lebanon - $130K-$600K Bethel Park - $155K-$698K Peters Township - $230K-$780K ‐ Average household income: Upper St. Clair - $110,417 Mt. Lebanon - $89,028 Bethel Park - $72,083 Peters Township - $109,713 SOMETHING FOR EVERYONE South Hills Village is a regional shopping center with an exceptional mix of retailers, restaurants, and entertainment venues. ‐ South Hills Village is strategically located in the heart of Pittsburgh’s southern suburbs. With easy access to Rt. 19 and I-79, the center attracts shoppers from Bethel Park, Upper St. Clair, Mt. Lebanon, Peters Township, Washington County, and Northern West Virginia. ‐ With more than 110 stores, the mall attracts millions of shoppers annually. ‐ Plans are currently underway for a comprehensive transformation to include distinctive retail, dining, entertainment, and health and wellness options that provide a shopping and lifestyle destination unique to the Pittsburgh market. ‐ The mall features a 10-screen AMC Theatres and a variety of popular eateries. BY THE NUMBERS Anchored by Major Retailers Macy’s, Target, Dick’s Sporting Goods Square Footage South Hills Village spans 1,129,000 square feet. Two Levels Boasting more than 110 stores. Restaurants Three sit-down restaurants including Bonesh Grill, BJ’s Restaurant & Brewhouse, and Red Robin, plus 11 quick-service eateries. BEST-IN-CLASS BRAND MIX Features 110+ Brands POSITIONED TO SUCCEED South Hills Village is located in the auent South Hills area, seven miles south of downtown Pittsburgh. ‐ The center is ideally positioned along SR 19, the primary commercial corridor through Pittsburgh’s South Hills. ‐ The mall is easily accessible via the Port Authority Transit System of Allegheny County (South Hills Transit Station), which serves 220,000 commuters daily. ‐ South Hills Village is nestled in the middle of the highly ranked school districts of Upper St. Clair, Mt. Lebanon, Bethel Park, and Peters Township. ‐ The property is easily accessible from I-79 (6.5 miles). ‐ Ashby at South Hills Village Station, a new, upscale 300-unit apartment complex next to the Port Authority Parking lot opened in Fall 2017. ‐ The mall trade area has over 50,000 households with incomes greater than $100,000. ‐ The growing energy and gaming industries south of the mall are bringing additional residential and retail development along SR 19. Nearly 400 homes will be constructed in the next four-to-ve years along this corridor. Information as of 5/1/21. Source: SPG Research; trade area demographic information per STI: PopStats (2020). UNIQUE OPPORTUNITY South Hills Village presents a unique opportunity for your brand. Please contact the following leasing professional for more information. David Vinehout (518) 491-4007 [email protected] business.simon.com Simon Property Group 225 West Washington Street, Indianapolis, IN 46204 (317) 636-1600 Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG). 5/1/2021.