Edina (Minneapolis), Minnesota Southdale Center Redefining the Shopping Experience
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EDINA (MINNEAPOLIS), MINNESOTA SOUTHDALE CENTER REDEFINING THE SHOPPING EXPERIENCE Southdale Center, the nation’s rst regional indoor shopping center, has recently completed a comprehensive, state-of-the art center transformation with stunning architectural details and innovative customer amenities ultimately redening the shopping, dining, and hospitality experience in Edina, Minnesota. ‐ The center oers a carefully curated mix of shopping, dining, and entertainment options including notable names such as: Apple, Macy's Madewell, P.F. Chang's, The Cheesecake Factory, and Rojo Mexican Grill. ‐ Entertainment options such as AMC 16 Theatres and Dave & Buster's give shoppers even more reasons to gather and extend their stay at Southdale Center. WHAT ’S NEW AT SOUTHDALE The transformation continues as Southdale Center evolves into a new live/work/play/shop destination: ‐ Two new powerhouse tenants – Shake Shack and Restoration Hardware, will open in Fall 2018 – along France Avenue between 66th Street and 69th Street. ‐ Life Time Athletic, Sport and Work will open a three-level 120,000-square-foot althletic resort in early 2019. ‐ Expanding the Dining Pavilion and adding 20,000 square feet of new specialty shops. ‐ A new 146-room Homewood Suites by Hilton on the northeast corner of the property will open in 2018, along with oce space and premier tness and health options. ‐ Newly developed One Southdale Place boasts 232 luxury apartments on the southeast corner of the property. BY THE NUMBERS Anchored by Macy’s Square Footage Southdale Center spans 1,050,000 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 ne brands have chosen Southdale Center as their preferred location in the Edina area of Minneapolis, Minnesota. ‐ Banana Republic ‐ California Closets ‐ H&M ‐ Madewell ‐ Picadilly Prairie ‐ Sephora 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. ‐ The center features a combination of sophisticated local and national restaurants. ‐ Additional full-service restaurants include: Bualo Wild Wings, The Cheesecake Facto ry, P.F. Chang’s, DeLeo Bros. Pizza, Rojo Mexican Grill, and Ruby Tuesday. ‐ In the Dining Pavilion, shoppers enjoy quick bites from Qdoba Mexican Grill, Smashburger, Great Steak & Potato, and Panda Express. ‐ Dave & Buster’s is the newest dining and entertainment venue complementing the AMC 16 Theatres. A THRIVING COMMUNITY Southdale Center serves an established, auent, and densely populated area of Minneapolis that includes Edina, Bloomington, St. Louis Park, Lake Harriet, and Lake Calhoun. ‐ The auent community surrounding the center has seen signicant growth in new residential and commercial developments. Within a three-block radius of the center, more than ve 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 ve 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. A PRESTIGIOUS ADDRESS Edina is the most exclusive city in the Minneapolis- St. Paul MSA. The highly sought-after, upscale suburb includes the auent community immediately surrounding the center and continues to expand with dense residential and daytime population. Southdale Center is easily accessible and is just minutes from downtown Minneapolis and a short drive from St. Paul. THE BUSINESS OF BUSINESS Southdale Center benets 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 764,000, 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 exception al 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. POSITIONED TO SUCCEED Southdale Center is conveniently located in Edina, Minnesota, with easy access from the nearby auent communities and the larger Twin Cities. ‐ The center is located along the well-known France Avenue shopping district between I-494 and the Crosstown Highway. ‐ Average household income within a 3-mile radius of the center is $110,000. ‐ Edina was ranked #15 of Best Places To Live by Time Magazine in 2015. Information as of 5/1/18. Source: SPG Research; trade area demographic information per STI: PopStats (2017). UNIQUE OPPORTUNITY Southdale Center presents a unique opportunity for your brand. Please contact the following leasing professional for more information. Katie Poston (317) 263-7149 kposton@simon .com 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)..