The Mall at Partridge Creek Clinton Township, (Detroit) Michigan a Gathering Place for Northeast Metro Residents
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The Mall at Partridge Creek The Mall at Partridge Creek Clinton Township, (Detroit) Michigan A gathering place for northeast metro residents Streets and the park-like setting invite shop pers to stroll and enjoy with family and pets TROY, MI 23 miles north of Detroit, home of STERLING HEIGHTS, MI the US auto industry US First-in-state specialty stores, fine CANADA dining and entertainment 10 MILES DEARBORN, MI DETROIT, MI The Mall at Partridge Creek Clinton Township, (Detroit) Michigan Recent Route 59 improvements provide a fluid arrival and departure Many market-unique shops and restaurants A new Cooper’s Hawk Winery & Restaurant, Michigan’s first Property Description major roads State Route 59 (Hall Road) center description Open-air, one-level lifestyle center and Garfield Road anchors Nordstrom and MJR Digital Cinema 14 total sf 600,000 key tenants Apple, LL Bean, lululemon, Dry Goods, Alex & Ani, Lush, Sur La Table, Brighton, Coach, Vera Bradley, # of stores 90 Pandora, Cooper’s Hawk Restaurant & Winery, PF Chang’s, Cellar 59 Wine Bar, Sephora # of parking 3,200 THE CENTER THE MARKET STARWOOD The Mall at Partridge Creek “We love the outdoors—even The Mall at Partridge Creek is an open-air affair and it’s dog-friendly, too.” — VisitDetroit.com THE CENTER THE MARKET STARWOOD The Mall at Partridge Creek Dominant regional destination for better, contemporary, and fast-fashion A Children’s Play Park, TV Court, 30’ fireplace and dog-friendly setting An array of restaurants and state-of- the-art movie theater Location, Location, Location 265,000 vehicles pass by daily on Nearest upscale center to Port Huron nearby roads Canadian border entry Adjacent to Nino Salvaggio 11.5M visits annually International Marketplace THE CENTER THE MARKET STARWOOD The Mall at Partridge Creek THE CENTER THE MARKET STARWOOD The Mall at Partridge Creek One of Michigan’s fastest growing and most affluent regions Diversified economy led by resurging auto industry, national defense and engineering Rebounding Region On average, Macomb County new More than 600 county businesses homes range from $500,000 to awarded $1B in defense contracts $2 million More than $6B invested by auto Region is home to 13 Fortune 500 manufacturers in 2016-2017 companies including Ford, GM and Lear Corporation THE CENTER THE MARKET STARWOOD The Mall at Partridge Creek Distance to Competition Lakeside Mall Driving – 3 mi, 7 min Macomb Mall Driving – 12 mi, 16 min Somerset Collection Driving – 17 mi, 24 min Romeo Plank Road I-94 53 25,600 AADT 116,900 AADT Village of Rochester Hills Village of Rochester Hills 61,700 AADT Driving – 16 mi, 19 min ROCHESTER HILLS Route 59 86,700 AADT Lakeside Mall TROY The Mall at Partridge Creek 19 Mile Road 17,000 AADT CHARTER TOWNSHIP STERLING HEIGHTS OF CLINTON Somerset Collection Garfield Road 31,400 AADT Macomb Mall Legend Primary Trade Area WARREN Secondary Trade Area USA Competition SOUTHFIELD CANADA Access Roads (AADT= annual average daily traffic) 3 MILES COLEMAN A. YOUNG INT’L AIRPORT THE CENTER THE MARKET STARWOOD The Mall at Partridge Creek Area Attractions Lake St. Clair Edsel & Eleanor Ford House 53 Westview Orchards Winery 3 & Adventure Farm Freedom Hill Amphitheatre Macomb Center for the Performing Arts Wayne State University Crocker House Museum 59 The Mall at Partridge Creek Macomb Community College Oakland University Jimmy John’s Utica Ballpark DTE Energy I-94 Colleges Macomb Community Ford Motor College CHARTER TOWNSHIP Wayne State University OF CLINTON Visteon Corp Oakland University STERLING HEIGHTS Baker College Combined Enrollment: 86,300 MASCO Baker College Legend TRW Automotive Primary Trade Area Secondary Trade Area Colleges Key Employers 3 MILES THE CENTER THE MARKET STARWOOD The Mall at Partridge Creek Demographics PTA1 STA2 TTA3 US Avg Population 2019 estimate 414,931 498,025 912,956 Growing trade area 2024 projection 428,456 504,520 932,976 population of 913,000 % growth 2019–2024 3.3% 1.3% 2.2% 3.6% residents Population White 83% 83% 83% 70% By Race Black 11% 7% 9% 13% 36% of trade area Asian 3% 7% 5% 6% households earn $100,000+ Hispanic Ethnicity 3% 3% 3% 18% 78% home ownership vs. Median Age 41 43 42 39 65% US % age 15-24 13% 13% 13% 14% % age 25 to 44 25% 23% 24% 26% Apparel, personal % age 45 to 64 29% 29% 29% 26% care, home furnishings, Households 2019 estimate 162,258 196,268 358,526 and sporting goods 2024 projection 167,391 199,273 366,664 expenditures trend 10% to 2019 households with kids under 18 33% 32% 32% 34% 20% above US average Average 2019 estimate $94,127 $103,448 $99,229 $89,646 Household % earning $75,000+ 50% 50% 50% 42% Income 2024 projection $109,165 $117,553 $113,724 $98,974 Education % college educated 63% 66% 65% 60% 1-MILE 3-MILE 5-MILE 10-MILE Business & business establishments 537 4,235 10,310 28,030 Employment daytime employment 5,744 42,118 102,253 310,413 1 Primary Trade Area 2 Secondary Trade Area 3 Total Trade Area THE CENTER THE MARKET STARWOOD The Mall at Partridge Creek 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 Madeline Wheeler / Director, Leasing / 773.541.2877 / Blue Back Square Michigan Virginia [email protected] Florida Fairlane Town Center MacArthur Center The Mall at Wellington Green The Mall at Partridge Creek Stony Point Fashion Park Bill Cikalo / Director, Big Box Leasing & Development / Westland Mall Montana Washington 312.283.5121 / [email protected] Georgia Rimrock Mall Capital Mall The Collection at Forsyth Kitsap Mall Nebraska Bryant Siragusa / Vice President, National Restaurant Gateway Mall and Entertainment Leasing / 214.771.2003 / [email protected] Sources: The Nielsen Company (2019); State Department of Transportation; State and Local Economic Development Starwood Retail Partners Resources 1 East Wacker Drive Suite 3600 Chicago, IL 60601 www.starwoodretail.com THE CENTER THE MARKET STARWOOD The Mall at Partridge Creek.