Belden Village Mall Jackson Township, (Canton) Ohio Strong Anchors, Strong Demographics and Strong Tourism KENT, OH
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Belden Village Mall Belden Village Mall Jackson Township, (Canton) Ohio Strong anchors, strong demographics and strong tourism KENT, OH Incomparable accessibility AKRON, OH Large, affluent and growing trade area Canton is the birthplace of the NFL WOOSTER, OH and home to the Pro Football Hall of CANTON, OH Fame 10 MILES 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 Dave and Busters opening in 2019 Property Description major roads I-77 and Everhard Road center description Enclosed, one-level center anchors Macy’s, Dillard’s and Sears total sf 823,684 key tenants Coach, Francesca’s, Loft, Pandora, Chico’s, White House # of stores 120 Black Market, Victoria’s Secret, PINK, Hollister, White Barn, Bravo Cucina Italiana, Justice, Chick-fil-A, Aerie, The Rail, # of parking 4,000 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 Trade area spans 55 miles east/west High 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 Drawing shoppers from communities Big box development nearby along I-77 and Highways 30 & 62 Major dining destination THE CENTER THE MARKET STARWOOD Belden Village Mall THE CENTER THE MARKET STARWOOD Belden Village Mall Established, yet evolving market Major industries include healthcare, education, government, alternative fuels, agribusiness and tourism World-class hospitals and universities Growing tourism base New home to the OHSAA State Football Championships Diverse And Evolving Community 1 in 3 trade area households earn 1,000 new hotel rooms within 10 miles $75,000+ over next five years 45,640 daytime employees within 3 miles Stadium expansion at Pro Football Hall and 100,040 within 5 miles of Fame 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 CANTON EAST CANTON Legend WACO Primary Trade Area I-77 Secondary Trade Area 80,800 AADT Competition 22.5 MILES 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 2019 estimate 310,327 359,091 669,418 Expansive trade area 2024 projection 310,345 359,067 669,412 encompassing 669,400 % growth 2019–2024 0.0% 0.0% 0.0% 3.6% people Population White 87% 94% 90% 70% By Race Black 8% 3% 5% 13% 72% of trade residents Asian 1% 1% 1% 6% own their homes vs. 65% Hispanic Ethnicity 2% 2% 2% 18% nationally Median Age 42 43 42 39 1 in 3 trade area households % age 15-24 13% 12% 13% 14% have children under 18 % age 25 to 44 23% 23% 23% 26% % age 45 to 64 27% 27% 27% 26% Cost of living and housing Households 2019 estimate 127,113 145,116 272,229 average 20% to 30% below 2024 projection 127,731 145,864 273,595 US 2019 households with kids under 18 30% 30% 30% 34% Average 2019 estimate $73,055 $70,034 $71,445 $89,646 Household % earning $75,000+ 35% 35% 35% 42% Income 2024 projection $79,990 $75,713 $77,710 $98,974 1-MILE 3-MILE 5-MILE 10-MILE Business & business establishments 1,475 4,302 8,586 14,323 Employment daytime employment 15,501 45,640 100,041 172,490 1 Primary Trade Area 2 Secondary Trade Area 3 Total Trade Area THE CENTER THE MARKET STARWOOD Belden Village Mall Starwood Retail Partners 5th largest manager of regional malls in the US 30 malls and lifestyle centers, with locations in 11 of the top 20 DMAs 100 million+ combined annual visits $95,400 trade area average household income California Illinois North Carolina Metreon The Arboretum of South Barrington Northlake Mall Northridge Mall Chicago Ridge Mall Parkway Plaza Louis Joliet Mall Ohio Plaza West Covina The Promenade Bolingbrook Belden Village Mall Solano Town Center Franklin Park Mall Indiana Great Northern Mall Colorado Southlake Mall SouthPark Mall Belmar Kentucky Texas Connecticut Hamburg Pavilion The Shops at Willow Bend Blue Back Square Michigan Virginia Tony Verostko / Director, Leasing / 440.668.3665 / Florida Fairlane Town Center MacArthur Center The Mall at Wellington Green The Mall at Partridge Creek Stony Point Fashion Park [email protected] Westland Mall Montana Washington Georgia Rimrock Mall Capital Mall Bill Cikalo / Director, Big Box Leasing & Development / The Collection at Forsyth Kitsap Mall Nebraska 312.283.5121 / [email protected] Gateway Mall Jake Miller / Director, National Restaurant and Entertainment Leasing / 614.256.7385 / [email protected] Sources: The Nielsen Company (2019), State Department of Transportation, State and Local Economic Development Resources Starwood Retail Partners 1 East Wacker Drive Suite 3600 Chicago, IL 60601 www.starwoodretail.com THE CENTER THE MARKET STARWOOD Belden Village Mall.