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Time Well Spent

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Time Well Spent TIME WELL SPENT 7iViÌ `i*À>Ài iÌiÀ]Ü iÀi}iiÀ>ÌÃvV>à >Ûi}>Ì iÀi`ÌiÞ>ÕÌ iÌV>`}iÕiiÝ«iÀiVið/ ÃÃÜ iÀiÌ i VÃiÌVÕÌÞViÃÌÞÌ>ÝâiÌ iÀ`>À]LÕÌÌ>ÝâiÌ iÀÌi>Ì>Û>ÀiÌÞvÀiÌ>]`}>`iÌiÀÌ>iÌ«Ìð ƂÛÃÌÌ `i*À>Ài iÌiÀÃ>Ü>ÞÃtime well spent° 2 Minneapolis-St.Minneapolis-nneapol Paul is a dynamicnamicmic market markemark where residentsts WHY THE TWIN CITIES? enjoyy an active,a outdoor lifestylee year-round.year Thanks to the region’s true four seasons, there are four seasons of strong retail sales. *«Õ>Ìv3.6 million No. 41°-° ÌÞvÀi>à q CNBC]Óä£n 16th largest-ƂÌ i1°-° No. 1 Midwest marketvÀtech talent No. 2>À}iÃÌiVÞÌ i`ÜiÃÌ – CBRE Group, Inc., 2018 – U.S. Bureau of Economic Analysis 6th highesti`> ÕÃi `Vi More Fortune 500 companies «iÀ Ì i>Ì V>«Ì>­£n®Ì >>ÞÌ iÀ1°-°iÌÀ 18% higherÌ >Ì i1°-°>ÛiÀ>}i q Forbes]Óä£Ç – 2016 U.S. Census data 1Ìi`i>Ì ÀÕ« />À}iÌ iÃÌ ÕÞ 1°-° >VÀ« iiÀ>à 3 WHY EDEN PRAIRIE, MINNESOTA? NO. 2 BEST PLACE No. 2 Best Place to Live in the U.S. A Community of Contentment TO LIVE q Money Magazine]Óä£È >Óä£È+Õ>ÌÞvviÃÕÀÛiÞ]x¯ vÀiÃ`iÌÃ}>Ûi `i*À>Ài}` IN THE U.S. ÀiÝViiÌÀ>Ì}à Money Magazine 2016 No. 2 Lake Beach Town in America q WalletHub]Óä£n The Great Outdoors / iVÌÞL>ÃÌÃÎÇ«>ÀÃ]£Ç>ià / ifastest-growingÀi} >`ÓääiÃvÃ`iÜ>Ã>`ÌÀ>à iÃÌ> – U.S. Census population report `i*À>ÀiÃÜvÀÌÃJack Nicklaus Signature Golf Course] i>À*>Ì ]Ü V VÕ`iÃ>ÕÝÕÀÞ }>Ìi`ÀiÃ`iÌ>VÕÌÞ 4 TRADE AREA /À>`i>Ài>««Õ>Ì\1,003,665 ƂÛiÀ>}i\$126,512 Highest >}ÃÕÀÀÕ`}> V«iÌÌÀà Elk River Forest Lake Ramsey xi`>ÞÌi««Õ>Ì\210,275* St Michael -iÛiÀ>ÜÀ` i>`µÕ>ÀÌiÀÃ>` 12 Maple Grove vÕÀÀÌÕixääV«>iÃV> Rosedale Center `i*À>Ài i\ Ridgedale Center Minneapolis "*/1`ÛÃv1Ìi`i>Ì V>Ài St Paul 94 Minnetonka -Õ«iÀ6>Õ Hutchinson Southdale Center °°,LÃ7À`Ü`i 494 35W Î «>Þ 212 58%và ««iÀÃÛiÜÌ £äià 15 miles Lakeville -ÌÀ}iÃÌà ««iÀ«iiÌÀ>ÌiÝÌi`à 30 miles i>ÀÞ30 milesvÀÌ i«À«iÀÌÞ 45 miles 52 Legend 15 miles 169 Top 75% of Trips Source: Alexander Babbage *Source: esri 5 TRADE AREA MORE SHOPPERS WITH INCOME OF $100,000+ Within a 5-mile Radius Eden Prairie Center Southdale Center Ridgedale Center Rosedale Center Average HH Income $132,691 $108,042 $111,397 $77,557 HH Income > $100,000 48.64% 37.22% 39.76% 24.59% Median Disposable $75,366 $58,437 $61,641 $42,668 Income Annual HH Spending: Apparel & Services, Tech, $16,986 $13,900 $14,371 $10,370 Dining Out, Groceries Avg HH Size 2.40 2.27 2.24 2.34 Source: esri 6 TRADE AREA «>Ài`ÌÌÀ>`i>Ài>>V«iÌÌÀÃ\ ÕiÃÌÃÛÃÌ11% more often Ì ÞÛÃÌvÀiµÕiVÞv1.9 ƂÛiÀ>}iÛÃÌ`ÕÀ>Ì\1 hour, 31 minutes Àiv `i*À>Ài iÌiÀ½Ãà ««iÀÃ\ 6 To Highway 1 >Ûi>>$100,000 (49%) State Highway 5 >ÛiV `Ài(34%) U.S. 212 (92,000) Interstate 494 (102, 000) 4.85% «ÀiVÌi`««Õ>ÌVÀi>ÃiÜÌ xiÃÛiÀÌ iiÝÌx Restaurant Opportunity Þi>ÀÃ]Ü V Ã16.9%}Ài>ÌiÀÌ >1°-°>ÛiÀ>}i `i*À>Ài iÌiÀ½ÃÌÀ>`i>Ài>V>«ÌÕÀiÃÌ iÃÌvÌ i24 – 56 age demographic (56%) Flying Cloud Drive (31,500) ) Prairie Center Drive (20,800 Prairie Center Drive (33,000) Source: Alexander Babbage *Source: esri 7 90 SHOPS AND RESTAURANTS 10 MILLION SHOPPERS ANNUALLY 1.3 MILLION SF ƂV Àà >Ì> EDEN PRAIRIE CENTER 6>ÕÀ -7 />À}iÌ "` >ÛÞ ½Ã "/ *iiÞ V½Ã - -­ }ÓäÓä® />LÌà Ƃ / i>ÌÀià 6VÌÀ>¿Ã-iVÀiÌ >ÀiÃE Li i½Ã7i>À ÕÃi >«É>«`ÃÉ >LÞ>« ÌV ià >Ì E `Þ7ÀÃ>` Ài 8 EDEN PRAIRIE CENTER }E ÌiÀÌ>iÌ7} ,iViÌ$6.4 millionÀiÛ>ÌÌ£nÃVÀii / i>ÌÀiÃ>`Ƃ8 / iÞ*Ài>ÌƂ Ì iÃÌ>Ìi viÃÌ> >ÀiÃE Li ÃiiÀà }\ 7`vÀi-Ìi>Ã] «ÃE-i>v` ,Ƃ6 ƂiÀV>ÌV iE-Õà >À *>iÀ> Ài>` 9µÕVÃiÀÛiÀiÃÌ>ÕÀ>Ìà ƂÌÜiÀ}]UVQT[ƂTGRNCEG«ÀÛ`iÃ> VâÞ>L>Vi 9 SCHEELS ƂiÜ«ÀiiÀëÀÌ} }`Ã>`ÕÌ`ÀviÃÌÞi COMING SUMMER 2020 `iÃÌ>Ì 248,000 SFv>}à «V>Ì Largest SCHEELS in the state of MinnesotaCPFVJGGPVKTG09TGIKQP /Þ«V>Þ]- -V>ÌÃ`À>Ü Ã ««iÀÃvÀ> 150-mile radius {xvÌ°£ÓV>À`ÀiÀÀÃÜ ii £È]äää}>Ã>ÌÜ>ÌiÀ>µÕ>ÀÕÜÌ ÃÌ>vv`ÛiÀÃ>`ÇäävÃ Ü 9ÕÌ ÌÞÃÌ>Ì ÕââÜ}½ÃV>`Þà « >½Ã >viE vvii- « >ÃiÀà Ì}>ÀV>`i >}>ÀV>`i -«ÀÌÃ-Õ>ÌÀÃ\}v]ÃVViÀ] ViÞ] L>ÃiL>]vÌL>]L>ÃiÌL> 7`viÕÌ> * Ì«Ã Over 1,000 brands VÕ`}1`iÀ ƂÀÕÀ]<iÃÃ]/ÌiÃÌ] >>Ü>Þ]E1}} *SCHEELS currently operates a 20,000 SF concept store at Eden Prairie Center, with an emphasis on clothing and shoes for women, men and youth. 10 - - iÜ«ÀiVÌi`ÌÀ>`i>Ài> iÜ*ÀiVÌi`/À>`i>Ài> `i*À>Ài iÌiÀ «ÃÌ«i} «ÀiVÌi`ÌÀ>`i>Ài> äià ƂvÌiÀ- -«iÃ]Ì iViÌiÀ¿Ã /À>`iƂÀi>ëÀiVÌi`ÌiÝ«>`Õ«Ì OKNGUÌÌ iÀÌ ]ÜiÃÌ>` ÃÕÌ ÜiÃÌ°/ ÃÜÕ`VÕ`i> xäià CFFKVKQPCN/RQVGPVCKNUJQRRGTUÌ Ì iViÌiÀ° 2TQLGEVGF6TCFG#TGC-G[(CEVU v *«Õ>Ì\ v ÕÃi `Ã\ %TQUU5JQRRKPI2QVGPVKCN ,iÃi>ÀV à ÜÃÌ >Ìv- - à ««iÀÃÜÛÃÌÌ iÀ>Ài>ÃvÌ iViÌiÀ >``ÌÌ- -° / iCXGTCIGFKUVCPEGÌÀ>Ûii`vÀ à ««iÀÃÛÃÌ}- -ÃÌÀiÃ Ü V >ÀiÓää³-ÃOKNGU -ÕÀVi\ƂiÝ>`iÀ >LL>}i THE SHOPPER The Eden Prairie Center Shopper ÃÜii`ÕV>Ìi`­xÓ°{¯ >Ûi>Vi}i`i}Àii À } iÀ® >ÃÌ i } iÃÌÕLiÀvÜÌ V `Ài >Ã>ÃÌÀ}>vvÌÞvÀÛ>ÕiÌLÀ`}iÀiÌ>LÀ>`à £ Source: Alexander Babbage 1. Hockey Moms ƂvvÕiÌ ÛiiÜVÃÌÀÕVÌ iÃ>Ü>ÞvÀÌ iLÕÃÌiv Ì iVÌÞ]LÕÌVÃiiÕ} ÌVÕÌi ƂVÌÛÌiÃ\VÞV}]}}}]}v}]L>Ì} Ì\>Ì>}Ì iÀ iÃ>`}>À`i} 2. Savvy Suburbanites Ó Î `ÕV>Ìi` ,iViÌi«ÌÞiÃÌiÀà ƂVÌÛÌiÃ\ iÀi`i}]vÌiÃà Ì\}`Üi>`}ÕÀiÌv`Æ>ÀÌÃ>`VÕÌÕÀi 3. Rising Stars -ÕVViÃÃvÕÞÕ}«ÀviÃÃ>à ÛiiÜiÀ iÃÜÌ ÌÀi`Þ`iÃ} ƂVÌÛÌiÃ\vÌiÃÃ>`ÜiiÃà { Ì\ÌiV 4. The Bloomburgs 7ii`ÕV>Ìi`]>vvÕiÌ *ÀÀÌâi«iÀÃ>ÃÌÞiÌ iÀ>««i>À>Vi>` ià ƂVÌÛÌiÃ\Õ«ÃV>i}Þà Ì\«ÀiÕ-16Ã>`ÕÝÕÀÞV>Àà Source: esri Tapestry 1 Chad Macy, CRX, CLS Lane Walsh, CLS 6Vi*ÀiÃ`iÌ 6Vi*ÀiÃ`iÌ i>Ã},i«ÀiÃiÌ>ÌÛi] i>Ã},i«ÀiÃiÌ>ÌÛi] ³£Èx£Ç{ÈxΣΠ³£È£äÇxÎxä >`°>VÞJ>°°V >i°7>à J>°°V.
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