Edina (Minneapolis), Minnesota a Thriving Community
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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). EDINA (MINNEAPOLIS), MINNESOTA A THRIVING COMMUNITY Southdale Center serves an established, affluent, and densely populated area of Minneapolis that includes Edina, Bloomington, St. Louis Park, Lake Harriet, and Lake Calhoun. — The affluent community surrounding the center has seen significant growth in new residential and commercial developments. Within a three-block radius of the center, more than five new residential developments have come online. — The surrounding area has a high daytime population of almost 1,000,000 including business and medical professionals. — Minneapolis has an active sports community and is home to five professional teams: Minnesota Vikings (NFL), Minnesota Wild (NHL), Minnesota Twins (MLB), Minnesota Timberwolves (NBA), and Minnesota Lynx (WNBA). The NFL team has a new stadium. THE BUSINESS OF BUSINESS Southdale Center benefits from the prosperous business and medical community in Edina and surrounding areas. — Southdale Hospital is adjacent to Southdale Center and employs a full- and part-time faculty of more than 2,300 professionals. Within the center’s trade area, the daytime workforce population is more than 977,000, including more than 12,000 medical professionals. — Adjacent to the center is the new Westin Hotel which has 225 guest rooms and high-rise condominiums. — Newly developed One Southdale Place boasts 232 luxury apartments on the southeast corner of the property. — The newly created Explore Edina Visitors Bureau targets the Twin Cities’ strong tourist market to attract more retail business to Edina’s exceptional shopping districts. — Minnesota’s unemployment rate is one of the lowest in the country (3.7%) and the state continues to have a thriving economy. A TRENDY LIFESTYLE As Southdale Center celebrates its 60th anniversary, the mall continues its transformation and leads the movement as shopping centers become lifestyle centers. — New developments at Southdale include the opening of One Southdale Place and the addition of a new 146-room hotel on the northeast corner of the property scheduled to open in 2017. — Since the 2013 renovation, Southdale Center continues to add a strong mix of national tenants, such as Dry Goods, Sephora, Madewell, Michael Kors, Gordmans, and Dave & Buster’s. — Southdale has a dynamic mix of sophisticated retail brands, dining, and shopping experiences including AMC Theatres and The Cheesecake Factory. — The center offers easy access and ample parking with decks and surface lots. BY THE NUMBERS Anchored by Four Department Stores Macy’s, Herberger’s, JCPenney, Gordmans Square Footage Southdale Center spans 1,297,000 square feet. Four Levels Boasting more than 120 stores. Restaurants Eight quick-service eateries. Eight full-service restaurants. Entertainment AMC 16 Theatres and Dave & Buster’s. IN GOOD COMPANY Distinctive. Chic. Diverse. Many fine brands have chosen Southdale Center as their preferred location in the Edina area of Minneapolis, Minnesota. — H&M — Madewell — Sephora — Vera Bradley INDULGENT DINING AND ENTERTAINMENT Southdale Center boasts an amazing array of restaurants, amenities, and entertainment options and continues to be the premier destination for dining and entertainment. — Southdale features a combination of sophisticated local and national restaurants. In 2015, local restaurateurs opened Z Italiano, a new full-service Italian restaurant. — Additional full-service restaurants include: The Cheesecake Factory, P.F. Chang’s, Rojo Mexican Grill, and Buffalo Wild Wings Grill & Bar. — In the Dining Pavilion, shoppers enjoy quick bites from Qdoba Mexican Grill, Smashburger, Great Steak & Potato, and Subway. — Dave & Buster’s is the newest entertainment venue complementing the AMC 16 Theatres. POSITIONED TO SUCCEED Southdale Center is conveniently located in Edina, Minnesota, with easy access to the Twin Cities and 2015 895,111 surrounding communities. 2020 922,607 — The center is conveniently located between France Avenue, a major north/south county thoroughfare, and York Avenue. 2015 380,409 — Xerxes/York Avenue is a primary alternative 2020 393,159 route heading south from the southwest Minneapolis area. 2015 $86,298 2020 $91,663 2015 720,150 2015 $269,409 Source: SPG Research; trade area demographic information per STI: PopStats (2015). Mounds View North Oaks Dellwood Rockford 11 Fridley Grant 694 Arden Hills Medina White Bear Lake Brooklyn Center New Brighton Gem Lake Birchwood Village Loretto Hilltop Willernie New Hope Crystal 7 Pine Springs St Anthony Robbinsdale Little Canada Independence Plymouth 9 Roseville North St Paul Maple Plain TRADE AREA BOUNDARY 94 Medicine Lake Lauderdale Golden Valley Oakdale Falcon Heights Long Lake 5 694 394 Minneapolis Wayzata 8 10 Maplewood Orono Shorewood St Louis Park Landfall St Paul Spring Park Minnetonka Beach Minnetrista Mound Minnetonka Deephaven Hopkins 35W Tonka Bay Greenwood 494 Lilydale Woodbury Excelsior West St Paul Edina Mendota 1 35E South St Paul 4 Richeld Sunsh Lake Newport Victoria Chanhassen 494 3 6 Eden Prairie St Paul Park Inver Grove Heights Bloomington 12 Eagan Chaska Cottage Grove Burnsville N Shakopee 0 5 Savage Carver Apple Valley MILES Rosemount 2 Prior Lake Coates 1 Southdale Center 5 Gaviidae Common 9 Rosedale Center TRADE AREA & COMPETITION 2 Burnsville Center 6 Mall of America 10 The Shops at West End Simon Centers 3 Eden Prairie Center 7 Maplewood Mall 11 The Shoppes at Arbor Lakes Competition 4 Galleria 8 Ridgedale Center 12 Twin Cities Premium Outlets SR 62 / CROSSTOWN HWY. W. 66TH ST. SOUTHDALE CENTER JCPENNEY ROJO ONE SOUTHDALE PLACE HERBERGER’S MEXICAN 232 LUXURY APARTMENTS GRILL GORDMANS BUFFALO WILD WINGS GRILL & BAR MACY'S YORK AVE. S. P.F. CHANG’S THE CHEESECAKE FRANCE AVE. S. DAVE & BUSTER’S FACTORY THE WESTIN AMC 225 GUEST ROOMS & CONDOS THEATRES W. 69TH ST. N AERIAL OVERVIEW NORTHEAST AERIAL VIEW KEY DEPARTMENT STORES FRANCE AVE. S. RESTAURANTS RETAIL THEATER RESIDENTIAL DAVE & BUSTER’S LEVEL III MACY’S AMC THEATRES W. 69TH ST. 69TH W. GORDMANS LOWER LEVEL THE CHEESECAKE FACTORY W. 66TH ST. 66TH W. P.F. CHANG’S BUFFALO WILD WINGS GRILL & BAR ROJO MEXICAN GRILL HERBERGER’S JCPENNEY ONE SOUTHDALE PLACE 232 LUXURY APARTMENTS YORK AVE. S. N SITE PLAN SITE PLAN UNIQUE OPPORTUNITY Southdale Center presents a unique opportunity for your brand. Please contact the following leasing professional for more information. Allison Campbell (817) 685-3018 [email protected].