Brittany Danahy Sperry Vana Nessd Vadvisorsisors
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LEWES, DELAWARE LEGEND LEGEND PROPERTIES PROPERTIES INC. C O M M E R C I A L R E A L E S T A T E COMMERCIAL REAL ESTATE 8 5 6 2 3 1 1 0 1 0 • w w w . l p r e . c o m the lifestyle center for livable delaware The Vineyards is an 82 acre mixed use development featuring 425,000 sq ft of retail and office space with up to 927 residential units and a 150-room Hilton Garden Inn, plus 35,000 civic space, fitness center, lake, boardwalk and am- phitheater located next to Delaware's oldest and most vibrant vineyard. The Vineyards satisfies the unfulfilled demand for fashion, accessories, home furnishings, dining, and entertainment experiences with the allure of an operational and historic vineyard. This lifestyle center leverages Sussex County’s housing boom which boasts average residential sales of approximately 7,000 units annually with 79,000 housing units proposed or constructed. Huge seasonal population base includes 6,000,000 beach visitors of which 3,000,000 stay overnight. There are 300,000 people within this market, with 140,000 employees. LEGEND LEGEND PROPERTIES PROPERTIES INC. C O M M E R C I A L R E A L E S T A T E COMMERCIAL REAL ESTATE 8 5 6 2 3 1 1 0 1 0 • w w w . l p r e . c o m Sussex County Delaware Demographic Trends Population Growth Rate Per Annum: 3.3% 2000 2007 2012 Leisure Travelers ( > 50 miles) Population 156,638 191,685 219,226 6 million visitors spend average of $328 per visit Households 62,577 77,504 89,265 Quarterly Percentage of Leisure Travel Median HHI $39,138 $50,067 $59,690 Jan-Mar 20% Jul-Sep 35% Source: 2000 Census. ESRI forecasts for 2007 and 2012. Apr-Jun 22% Oct-Dec 23% Destination Shopping Delmarva Year-Round Housing Occupancy 2007: 77,504 of 112,931 (69% occupied) 2006: 73,397 of 111,606 (66% occupied) 2005: 70,654 of 107,119 (66% occupied) Median Home Prices (Highest in State) Sussex County median price ~ $260,000 Eastern Sussex County median price near $400,000 Jobs have grown faster in Sussex 135 130 125 120 Sussex 115 Delaware 110 U.S. 105 Growth Index 100 95 6 7 8 9 0 1 2 3 4 5 9 9 0 0 0 0 0 0 99 99 1 1 19 19 20 20 20 20 20 20 2006 IndianIndian RiverRiver BayBay ToTo BethanyBethany BeachBeach Atlantic Ocean Rehoboth Beach Cape May, NJ Lewes Beach Monument signs Pylon sign Pylon sign Beebe Hospital Billboard Route 9 / To Bay Briidge vvd Bll nss Billboard mo om Access Pylonto Route sign 1 u C ssssaa Naa Access to Route 1 Billboard 11 ee uutt RRoo N Vicinage Vibrance Vitality . it ’s all here! MonumentMonument signssigns PylonPylon sign sign PylonPylon sign sign Route 9 / To Bay Briidge dd vv ll BB ss nn oo mm mm oo CC uu aa ss ss aa NN AccessAccess to to Route Route 1 1 PylonPylon sign sign BillboardBillboard 1 1 e e t t u u o o R R NN LEWES, DELAWARE QU A 6 RT ER M IL E R A D I IUS U D S A R E L I 6 M R E T 1 AR U Q 1 19 19 16 1 V I N E Y A R D S 5 21 2 D E L AW A R E R O U T E 9 21 3 PR O P O SE D C O N N EC T O R R O A D 19 4 L A K E A M E N I T Y 7 5 A M PH I T H E ATE R 9 3 22 Q U A R T E R M I L E R A D I U S 4 16 6 22 (F I V E M I N U T E W A L K ) 7 C O MM U N I T Y C E N T E R 22 8 PA RK I N G ST R U C T U R E 8 15 1 9 R E T A I L A N C H O R 10 10 C I V I C B U I L D I N G 19 21 13 22 11 R O U N D A B O U T 22 19 H O T E L 14 12 9 13 B O O K S T O R E 14 14 M A I N R E T A I L ST R E E T 12 19 15 B O A R D W A L K 16 W A L K I N G PAT H 17 PR O P O SE D I N T E R SE C T I O N 14 21 (F U L L M O V E M E N T ) 9 8 22 8 18 PR O P O SE D I N T E R SE C T I O N 22 22 (R IG H T I N R IG H T O U T ) 14 8 19 C O M M O N G R E E N 20 20 E X I ST I N G P U M P ST AT I O N 21 PR O PE R T Y B O U N D A R Y 21 21 17 18 S U R FAC E PA RK I N G 18 22 11 2 17 2 11 17 23 PR O P O SE D C O N N EC T O R 11 17 R O A D AC C E S S 6 1 1 6 23 Siteplan is an artist's rending. All information is subject to change. LEGEND LEGEND PROPERTIES PROPERTIES INC. C O M M E R C I A L R E A L E S T A T E COMMERCIAL REAL ESTATE 8 5 6 2 3 1 1 0 1 0 • w w w . l p r e . c o m LEGEND LEGEND PROPERTIES PROPERTIES INC. C O M M E R C I A L R E A L E S T A T E COMMERCIAL REAL ESTATE 8 5 6 2 3 1 1 0 1 0 • w w w . l p r e . c o m RESIDENTIAL LEGEND ID Sq. Ft. ID Sq. Ft. ID Sq. Ft. Block 05 Block 10 Block 13 05B 10,995 10C 7,195 13A 11,824 Block 08 10D 12,505 13B 22,405 08A 13,123 10E 15,387 08B 9,313 10I 15,047 Block 14 10H 3,737 14A* 8,597 Block 09 Block 11 14B 9,420 09A 10,481 14C 12,609 09B 24,206 11A 12,183 Phase 5 11B 12,183 14D 9,385 11C 10,936 14E 8,597 105 spaces * Denotes 2nd floor s quare footage 11D 7,304 16 Phase 7A d a o R r Phase 7B o t c e ll 14 o C Phase 9 w e N d 1 7 1 8 1 9 e 1 6 s 1 o 5 Phase 8 1 p 5 4 1 2 3 6 7 0 o 5 5 r 1 2 2 5 8 1 P 5 5 1 2 1 4 9 2 5 5 1 2 0 3 0 3 5 6 2 9 2 1 4 5 6 2 8 1 2 5 5 6 2 7 0 3 6 5 6 2 6 9 4 7 P 4 6 U P A M R 8 5 4 6 26 7 6 4 6 43 6 7 4 6 5 8 4 6 44 P R V E M O JU MP R A MP U P T O LEV E L - 2 R A R AMP U P 4 9 A K % 4 6 R E 1 5 B 42 6 % 3 0 4 7 2 5 8 2 1 4 7 37 6 7 8 9 1 0 1 1 1 2 1 3 1 4 1 5 1 6 1 7 1 8 1 9 2 0 2 17 4 9 4 1 2 8 4 7 3 33 3 0 3 2 1 3 328 spaces 1 2 5 6 7 6 6 6 5 6 4 6 3 6 2 6 1 6 0 5 9 5 8 5 7 5 6 5 5 4 0 3 9 3 8 3 7 3 6 3 5 3 4 3 3 4 2 3 1 4 2 4 3 4 4 4 5 4 6 4 7 4 8 4 9 5 0 5 1 5 2 5 3 5 4 2 6 2 2 2 Phase 6 1 3 d 4 1 4 0 3 9 3 8 3 7 3 6 3 5 3 4 3 3 3 2 3 1 3 0 2 9 2 8 2 7 2 6 2 5 2 4 a 21 o R r o t c e 16 12 ll o Phase 2A C w e 35 26 PHASE 2B N Phase 2B Phase 5 d e s Phase 3 o p 37 26 o r P 5 6 7 8 9 1 0 1 1 1 2 1 3 1 4 1 5 1 6 1 7 1 8 6 1 5 9 2 4 0 20 2 39 24 PARKING DECK 3 5 6 7 8 1 5 5 7 7 1 0 1 1 1 2 1 3 1 4 1 5 1 6 1 7 1 8 1 9 2 0 2 1 2 2 2 3 2 4 2 5 2 6 2 7 2 2 4 7 6 9 2 5 5 7 7 GR OUND LEVEL 2 2 1 3 8 5 0 3 8 5 5 7 8 2 2 9 4 1 4 5 5 7 8 @ 98 s p/lvl 2 2 1 0 3 2 5 9 Phase 10 5 6 7 8 2 3 0 1 2 3 6 1 01 1 0 9 9 9 8 9 7 9 6 9 5 9 4 9 3 9 2 9 1 9 0 8 9 0 5 6 7 8 2 3 9 2 1 4 7 1 Phase 1 4 6 7 8 2 3 8 3 0 5 8 2 41 24 4 6 7 8 7 6 7 7 7 8 7 9 8 0 8 1 8 2 8 3 8 4 8 5 8 6 8 7 8 8 2 3 7 4 9 6 9 3 4 6 6 8 3 6 5 8 7 0 4 6 6 8 3 5 6 7 8 1 4 6 6 8 8 9 1 0 1 1 1 2 1 3 1 4 1 5 1 6 1 7 1 8 1 9 2 0 2 1 2 2 2 3 2 4 2 5 2 8 2 9 3 0 3 1 3 2 422 spaces 7 5 7 4 7 3 7 2 7 1 7 0 6 9 6 8 6 7 6 6 6 5 6 4 6 3 P U P A M 8 R P U P 5 0 5 1 5 2 5 3 5 4 5 5 5 6 5 7 5 8 5 9 6 0 6 1 6 2 22 26 A M R 4 4 4 3 4 2 4 1 4 0 3 9 3 8 3 7 3 6 3 5 3 4 3 3 3 2 P U P A M R 6 1 12 1 1 1 10 1 09 1 08 1 07 1 06 1 05 1 04 1 03 1 02 1 01 1 0 9 9 9 8 9 7 9 6 9 5 9 4 9 3 9 2 9 1 9 0 8 9 8 8 8 7 5 R AMP U P 4 Phase 4 6 2 6 3 6 4 6 5 6 6 6 7 6 8 6 9 7 0 7 1 7 2 7 3 7 4 7 5 7 6 7 7 7 8 7 9 8 0 8 1 8 2 8 3 8 4 8 5 8 6 4 9 4 8 4 7 4 6 4 5 4 4 4 3 4 2 4 1 4 0 3 9 3 8 3 7 3 6 3 5 3 4 3 2 R P R A M P U P R A M P U P R A M P U P 9 M V E O 22 26 R A 1 A K % R AMP U P 1 5 R E B 6 % 6 1 6 0 5 9 5 8 5 7 5 6 5 5 5 4 5 3 5 2 5 1 5 0 4 9 4 8 4 7 4 6 4 5 4 4 4 3 4 2 4 1 4 0 3 9 3 8 3 7 3 6 3 5 3 4 3 3 14 14 Proposed New RI/RO Entrance Delaware Route 9 Proposed New Primary Entrance Delaware Route 9 TENANT LEGEND COLOR LEGEND ID Tenant Sq.