El Paso, Texas the Vision
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BUSINESS CARD DIE AREA 225 West Washington Street Indianapolis, IN 46204 (317) 636-1600 simon.com Information as of 5/1/16 Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG). EL PASO, TEXAS THE VISION The Best Shopping in El Paso. The Ultimate Destination. Cielo Vista Mall is the premier mall in El Paso, showcasing the best retailers in the market. — In 2005, Cielo Vista Mall went through a renovation dramatically improving the center and helping to drive increased sales. — An announcement was made in May 2015 that Cielo Vista Mall would undergo an additional potential expansion. This expansion would include an enhanced collection of fine retailers and restaurants. It is expected to include 35 to 40 new specialty stores and three to four restaurants. THE CENTER OF STYLE Since opening in 1980, Miami International Mall has remained one of the benchmark of shopping for Miami consumers. Thee center remains a collection of the worlds best retail brands, attracting more than 8 million visitors annually. Representation of Proposed Future Development KEY DEPARTMENT STORES VISCOUNT BLVD. PROPOSED NEW RETAIL PROPOSED NEW RESTAURANTS RESTAURANTS RETAIL THEATER CINEMARK CIELO VISTA MALL 14 SEARS DILLARD’S (NEW LOCATION LEVEL II) DILLARD’S LEVEL II MACY’S DILLARD’S (NEW LOCATION LEVEL I) JCPENNEY OLIVE KIRKLAND’S GARDEN RED LOBSTER N GATEWAY BLVD. W. I 10 MASTER PLAN SITE PLAN SOUTHWEST TEXAS A WEALTH OF OPPORTUNITY El Paso stands on the Rio Grande in the far western corner of Texas right across the border from Cuidad Juárez. These two cities, along with Las Cruces, New Mexico, create a metropolitan area of over 2.7 million people, the largest bilingual-binational work force in the Western Hemisphere. — El Paso is home to Fort Bliss, the second largest army military installation in the U.S. with total employment of 44,842 (active, civilian and reserve), located five miles from the mall. — The area has enjoyed tremendous growth in the medical field including a new four-year medical school, a new children’s hospital, and a new nursing school. — There are over 110,000 students at 33 institutions of higher learning in the region. These institutions include The University of Texas at El Paso, El Paso Community College, plus other colleges, universities and technical schools in the El Paso, TX; Las Cruces, NM; and Ciudad Juarez, Mexico market. ADVANTAGEOUS PROXIMITY The Mexican National market impacts this region tremendously. It draws from not only Ciudad Juarez (1.6 million+) but also the capital city of Chihuahua (largest state in Mexico) and the neighboring Mexican states of Durango, Sonora and Torreon. There were more than 23.5 million northbound crossings in 2013. THE CENTER OF STYLE Cielo Vista Mall showcases the best retailers in the El Paso market and its primary target market and key demographic includes a mixture of two dynamics: a discerning, fashion-forward shopper and young suburban families. This includes both domestic and international shoppers from Mexico. Since the renovation in 2005, Cielo Vista Mall has been able to draw key retailers such as The Apple Store, H&M, Sephora, Banana Republic, Michael Kors and many additional signature brands. — Cielo Vista Mall is benefitting from local market growth, in particular in the areas of medical services and tourism, which is driven by the addition of a new $50 million baseball stadium and Triple A baseball team. — Fluctuations in the Mexican market are stable, resulting in the return of the international shopper from Mexico. BY THE NUMBERS Anchored by Five Department Stores Dillard’s (Women’s & Men’s), Macy’s, JCPenney, Sears Square Footage Cielo Vista Mall spans more than 1,246,000 square feet. Two Levels Boasting more than 140 specialty stores. IN GOOD COMPANY Distinctive. Classic. Chic. Many fine brands have chosen Cielo Vista Mall as their preferred location in the Southwest Texas market. A number of them are exclusive to the market. POSITIONED TO SUCCEED The Cielo Vista Mall property is conveniently located by I-10 for easy access from the El Paso 2015 662,880 and Juarez markets. 2020 697,875 — Located on the east side of El Paso, Texas. — Positioned along I-10 at the Hawkins Boulevard intersection. 2015 205,331 2020 215,114 — Just minutes from the airport and international border crossings from Mexico. 2015 $51,189 2020 $57,030 2015 194,214 2015 $98,547 Source: SPG Research; trade area demographic information per STI: PopStats (2015). DESTINATION SHOPPING Situated near the border of two nations and three states (Texas and New Mexico, U.S., and Chihuahua, Mexico), El Paso draws from a population of more than 2.5 million within a 50-mile radius. It also pulls population from within neighboring cities and states across New Mexico and Mexico, Southern New Mexico (Las Cruces, Alamagordo, Ruidoso), North and West Texas (Lubbock, Abilene, San Angelo, Midland, Odessa), and Northern Mexico (Chihuahua, Sonora, Torreon, Durango). — Approximately 98% of all vehicles crossing the border are within six miles of the center. — 85% of Mexican visitors choose Texas as their primary shopping destination. 5 Mesilla 10 Fort Bliss Military Reservation Vado 10 OTERO, NM Chaparral TRADE AREA BOUNDARY Anthony El Paso La Union 6 Santa Teresa 7 Sunland Park 2 1 3 4 Horizon City Socorro MEXICO 10 0 N 10 San Elizario MILES Fabens 1 Cielo Vista Mall 5 Mesilla Valley Mall TRADE AREA & COMPETITION 2 Bassett Place 6 Outlet Shoppes of El Paso Simon Center 3 The Fountains at Farah 7 Sunland Park Mall Competition 4 Las Palmas Marketplace VISCOUNT BLVD. CINEMARK CIELO VISTA 14 CIELO VISTA MALL SEARS DILLARD'S DILLARD'S NORTH JCPENNEY I10 MACY'S HAWKINS BLVD. N THE FOUNTAINS AT FARAH AERIAL OVERVIEW NORTH AERIAL VIEW UNIQUE OPPORTUNITY Cielo Vista Mall presents a unique opportunity for your brand. Please contact the following leasing professional for more information. Lynn Van Amburgh (817) 685-3020 [email protected].