Atlanta — Georgia Realizing the Vision
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ATLANTA — GEORGIA REALIZING THE VISION Atlanta’s Luxury Gold Standard. Simon is nearing completion on a multimillion-dollar total transformation of Phipps Plaza creating the preeminent luxury destination of choice in Atlanta. This development has created an exceptional shopping experience that reflects the refined lifestyle of the surrounding area, attracting style-savvy shoppers who delight in discovering the unexpected. In conjunction with a major Buckhead area redevelopment, the center has undergone a thorough and complete interior and exterior renovation to develop an exclusive and welcoming environment suited for the most desired luxury brands and the most discriminating guests. A dynamic streetscape along Peachtree Road filled with custom luxury storefronts and a dramatic new center entrance with lush new landscaping is scheduled for completion in Fall 2016. An extensive interior makeover provided a fresh new look and feel for the center. Expanded customer service amenities include soft seating and lounge areas with complimentary Wi-Fi connectivity and chargers along with a hotel-style concierge Guest Services center. NEW EXTERIOR FAÇADE NEW CENTER COURT A LEGACY OF LUXURY Phipps Plaza defines luxury shopping in Atlanta. A fashion icon in its own right, the now three-level center is world famous for its superior collection of luxury brands. THE WORLD’S MOST PRESTIGIOUS BRANDS Distinctive. Classic. Chic. Phipps Plaza features an impressive mix of international luxury brands: — Versace – relocation and expansion into a new flagship destination opened April 2015 — Tiffany & Co. – the Southeast’s only flagship location has been recently remodeled and boasts over $25M in sales — Jeffrey – celebrating 25 years at Phipps Plaza, this iconic Atlanta retailer averages over $14.5M in sales and has recently completed a renewal and cosmetic renovation NEW CENTER COURT THE PLACE TO BE A bustling Buckhead hot spot, Phipps Plaza offers an abundance of dining and entertainment options including Davio’s Northern Italian Steakhouse, and The Tavern with additional signature restaurants coming soon. In addition, the creation of the Phipps Plaza Complex featuring a state-of-the-art AC Hotels by Marriott opening mid-Summer 2016 and Domain at Phipps Plaza, the new luxury residential complex with 319 sophisticated urban-style residences provides a built-in shopper base. 14 AT THE HEART OF THE COMMUNITY For the past 25 years, Jeffrey has called Phipps Plaza home. The Jeffrey Fashion Cares event, hosted annually at Phipps Plaza, is the kick-off to Atlanta’s fall social season and one of the largest combined AIDS & Breast Cancer benefits in the country. — 700 influential Atlantans in attendance — $800,000 raised for charity — 34,348,645 PR impressions — 1,362 unique Facebook & Twitter users and 418,065 impressions THE DISCERNING SHOPPER The Southeast’s most sophisticated metropolis, Atlanta boasts a well-educated, affluent population. Phipps Plaza’s ideal location at the intersection of Peachtree and Lenox Roads in the heart of Buckhead provides easy access to one of the nation’s 10 Most Affluent Communities (Robb Report) with the second wealthiest zip code in the South (behind Palm Beach) and ninth in the nation. Forty percent of the entire Atlanta region’s supply of homes valued at over $500,000 is located in Buckhead with an average home sale in 2014 of $931,155. When Buckhead chooses to shop, they choose Phipps Plaza and Lenox Square, generating more than $1 billion in annual retail sales. FIVE STAR APPEAL 5,257 — Hotel rooms are within three miles and approximately 3,000 four- and five-star hotel rooms are within walking distance In 2015, Atlanta welcomed nearly 51 million visitors. An estimated 40% of Phipps Plaza customers travel from over 100 miles away to ★★ ★ ★ shop at this iconic destination. — Home to the 5-Diamond Ritz Carlton, five 4-Diamond hotels, and two Forbes 4-Star hotels (St. Regis Hotel is Conde Nast Traveler’s 2013 #1 Business Travel Hotel in the world) 2016 — AC Hotels by Marriott, located on the perimeter of the property, is currently under construction and scheduled to open in Summer 2016 300+ — Dining destinations within Buckhead, including three AAA 4-Diamond establishments 9 — Of the top 12 Atlanta metro restaurant revenue producers are in Buckhead 62 — Art galleries within Buckhead PHIPPS BLVD. KEY DEPARTMENT STORES RETAIL RESTAURANTS ENTERTAINMENT/THEATER HOTEL PARK AVENUE PHASE 2 RESIDENTIAL OUTPARCEL BELK BELK BELK PHIPPS TOWER PARK AVENUE PHASE 1 DAVIO’S LEGOLAND RESTAURANT AMC PHIPPS PLAZA 14 DISCOVERY CENTER THE DOMAIN AT PHIPPS PLAZA (SUMMER 2016) THIRD LEVEL SAKS LENOXRD. NORDSTROM SAKS NORDSTROM FIFTH FIFTH AVENUE AVENUE AC HOTELS BY MARRIOTT (JULY 2016) RESTAURANT TAVERN RESTAURANTS OUTPARCEL SECOND LEVEL AT PHIPPS PEACHTREE RD. N SITE PLAN SR 400 LENOX SQUARE LENOX RD. LENOX RD. SAKS FIFTH AVENUE P H SR 141 / PEACHTREE IP P S B LV D BELK . PHIPPS PLAZA NORDSTROM N AERIAL OVERVIEW About Simon Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG). Phipps Plaza presents a unique opportunity for your brand. Please contact the following Simon leasing professional for more information: Michelle Smart (404) 843-3030 [email protected] .