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POLARIS FASHION PLACE OHIO 1500 Polaris Parkway, Columbus, Ohio 43240 TABLE OF CONTENTS Market Snapshot Location By the Numbers Local Landscape Property Highlights Portfolio Events and Activations MARKET SNAPSHOT Columbus is home to 2 million shoppers; the best library, science Columbus center and zoo in the country; and Polaris Fashion Place. Although Columbus is the 15th largest city and 4th largest capital in the country, it still feels like a friendly Midwestern hometown. It’s been named has 40 million one of the seven smartest cities in the world, the #1 city for startups, and has been recognized by National Geographic, Forbes, and Time Magazine for its people and its culture. visitors per With 122,000 new jobs and a 6% population increase in the last 5 years, Columbus is quickly becoming a place for a young and affluent population to plant roots. year and 29% Columbus offers: • Low cost of living • Exciting career opportunities of tourism • Top-notch schools and universities • Championship-winning sports teams sales in the Five Fortune 500 companies and numerous other major businesses have headquarters and offices in Columbus. JPMorgan Chase Bank Corporate Center is just a half mile from Polaris Fashion Place, and region come L Brands, Victoria’s Secret, Express, Abercrombie & Fitch, and Designer Shoe Warehouse all have headquarters nearby. More than 60 universities educate 136,000 students per year, and the Columbus Blue Jackets hockey team, the Columbus Clippers baseball team, and from retail the Ohio State Buckeyes keep the athletic community spirit thriving. The Columbus region sees 40 million visitors per year, and 29% of its spending. tourist dollars comes from retail spending. With this in mind, Polaris Fashion Place is poised to attract shoppers from around the country as well as its own backyard. LOCATION The power of Polaris Fashion Place is its location. If Columbus were a clock, Polaris Fashion Place would be at 12:00. The mixed-use lifestyle destination, with both open air and enclosed formats, is located in southern Delaware County, one of the U.S.’s fastest-growing areas and one of the nation’s wealthiest counties. Situated just 2 miles north of Interstate 270 on Interstate 71, Polaris Fashion Place is within 20 minutes of all major Central Ohio hubs, including downtown Columbus and The Ohio State University. It is also within 2 hours of Cleveland and Cincinnati. In addition, Polaris Fashion Place is just 20 minutes—all freeway—from John Glenn Columbus International Airport. Interstate 71’s high traffic volume provides tremendous visibility to the property, with upwards of 135,000 cars daily passing by, in addition to the over 58,000 cars and 35,000 cars driving by each day on nearby Polaris Parkway and Gemini Place. Development of the surrounding area has exploded over the past 2 decades, with over 4 million square feet of nearby office space. Over 180 nearby companies currently employ over 25,000 people, and the area is poised for sustained growth with room to add an additional 4 million square feet of office space. The catchment area within 20 miles is expected to grow from 1.4 million to over 1.5 million people in the next 5 years. BY THE NUMBERS RADIUS DEMOS 23 Population 5 Mile 213,472 DELAWARE 10 Mile 688,246 20 Mile 1,597,833 Households 42 36 5 Mile 84,025 10 Mile 282,844 MARYSVILLE 20 Mile 652,882 Avg. Household Income 5 Mile $138,052 10 Mile $122,512 20 Mile $103,370 71 POWELL Median Age 33 5 Mile 37.5 20 MI 10 MI 5 MI WESTERVILLE 10 Mile 36.2 POLARIS 20 Mile 35.7 DUBLIN 270 Total Annual Consumer Expenditures 20 Mile $43.1B 315 Experian, 2023 Projection HILLIARD GAHANNA WHITEHALL 70 COLUMBUS REYNOLDSBURG WEST JEFFERSON 70 PICKERINGTON LOCAL 8 LANDSCAPE 13 EAT 1. BJ’s Restaurant & Brewhouse, 21 Mitchell’s Steakhouse 71 2. Eddie Merlot’s 19 10 17 3. Bar Louie; Chuy’s, MacKenzie River Pizza, Grill & Pub; 18 2 20 Carrabba’s Italian Grill 14 3 4. Red Robin Gourmet Burgers, 11 6 Roosters, Jason’s Deli 5. Matt the Miller’s Tavern, 1 12 Noodles & Company, Corner 5 Bakery Café PLAY Y 6. Star Lanes W GEMINI PL 7. Cinemark K 8. TopGolf P S SHOP I R 9. Polaris Towne Center 15 16 A 10. Cabela’s 7 L 9 11. Costco O 12. Lowe’s Home Improvement, P Target 13. IKEA 14. Art Van Furniture 15. Morris Home, 4 Ashley HomeStore 16. Value City Furniture STAY 17. Hilton 18. Residence Inn by Marriott 19. Staybridge Suites, Cambria Hotel & Suites 20. Extended Stay America, Hilton Garden Inn 21. Comfort Inn *Not Shown PROPERTY HIGHLIGHTS GLA 1,186,231 ANCHORS Barnes & Noble, Dick’s Sporting Goods/Field & Stream, Fieldhouse USA (coming 2020), Forever 21, H&M, JCPenney, Macy’s, Saks Fifth Avenue, Von Maur KEY RETAILERS More than 140 inline retailers including Altar’d State, Apple, Brooks Brothers, Dave & Busters, Disney Store, lululemon athletica, Lush, Mac Cosmetics, Madewell, Pottery Barn Kids, Sephora, Victoria’s Secret, White House | Black Market, and Williams Sonoma DINING/RESTAURANTS Benihana, BJ’s Brewhouse, Brio Tuscan Grille, California Pizza Kitchen, The Cheesecake Factory WHAT’S NEW Polaris boasts 66k of new or remodeled tenants in the last 18 months. Updates and additions include: an expanded Altar’d State, A’Beautiful Soul, Bibibop, Tea and Spice Exchange, and a newly remodeled lululemon. Abercrombie Kids will open its new prototype in November New York and Company, Dry Goods, Nori Japan, Box Lunch and Seventh Sense are also new to the project. In late 2019, Polaris is introducing KTCHN to the Food Hall, which features a rotation of local vendors. 2020 will be an exciting year as the Food Hall will see a complete remodel. EVENTS, ACTIVATIONS & BRAND PARTNERSHIPS We are focused on the unique experience we create at each of our town centers. By providing a mix of things to do and things to buy, our properties deliver the right combination of tenants, activities and events to keep shoppers engaged and returning often. Our centers serve as incubators for new and growing brands that want to test in new markets. Our exclusive eCommerce platform, Tangible, illustrates that retail is no longer defined by four walls. In addition to traditional bricks and mortar, we allow tenants access to our entire portfolio via targeted digital media strategies, unique sponsorhsip opportunities and pop-up shops. We support local and curate accordingly. Between concert series, well-being initiatives, common area activations and dynamic programming, our portfolio-wide event cadence creates and drives traffic to our properties. We engage our shoppers in person and online. In addition to property activations, we have broad national reach via our digital and social platforms. BY THE NUMBERS: 300M 3000 Annual Guests Unique Events 700K 21M+ Email Subscribers Emails Sent 160+ 85M Social Media Accounts Social Impressions 41K Average 72K Monthly Property Reach Reviews 13.6M Property Page Views 80% 46% Mobile Users 5 Star Reviews Note: 2018 Portfolio-Wide Data CONTACT LEASING DEVELOPMENT Morgan May Dan Scott 614.887.5695 614.887.5953 [email protected] [email protected] SPECIALTY LEASING BRAND PARTNERSHIPS Carrie Kountz Brian Ciccone 614.456.0123 614.887.5760 [email protected] [email protected] WASHINGTONPRIME.COM.
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