Lafayette, Indiana Growing at a Rapid Pace
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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). LAFAYETTE, INDIANA GROWING AT A RAPID PACE In the heart of Lafayette, Indiana, Tippecanoe Mall is a prominent shopping destination, attracting residents, students, and visitors. — The mall serves Purdue University and seven surrounding counties. The only regional mall within 50 miles, Tippecanoe Mall is unique to the market. — Subaru, GE Aviation, and Wabash National Corporation are also major employers that support the area’s successful economy. — For the past five years, Tippecanoe County has experienced a faster growth rate than it has in the past decade. Tippecanoe County is the eighth fastest growing county in the state. The county added 2,156 residents from July 1, 2014 - July 1, 2015, a 1.2% increase. The recent growth has been spurred by economic development and expansions at Suburu of Indiana Automotive, Heartland Automotive, and the new high-tech manufacturing GE Aviation plant. Private investment has also spurred growth. — Forbes ranked Lafayette #2 for 2015 Best Small Cities for Business and Careers based on improved employment and economic outlook. THE BUSINESS OF BUSINESS In Lafayette, Indiana, the arrival and expansion of major employers has helped the area prosper. — Subaru is located fewer than three miles from Tippecanoe Mall. In late 2015, the company announced a $140 million dollar expansion. This expansion follows a $400 million dollar expansion that is still underway. The newest expansion will add 1,200 new jobs by 2017. — In September 2015, GE Aviation opened its new facility in Lafayette, just three miles down the road from Tippecanoe Mall. The new facility will add 200 new jobs by 2018. — Headquartered one mile from Tippecanoe Mall, Wabash National Corporation is North America’s leading producer of semi-trailers and liquid transportation systems and employs over 3,000 people. A PERFECT TEN Purdue University is five miles away and has an enrollment of more than 37,000 students. — The prestigious university is a major employer and, as a member of the Big Ten conference, attracts visitors to the area during sporting events. — In 2015, Purdue’s enrollment increased approximately 1.6%. COMMUNITY STYLE Tippecanoe Mall attracts shoppers with an excellent mix of retailers, dining, and amenities. — With more than 100 stores, the center features an array of popular retailers and brands. — Visitors can choose from a number of unique restaurants, including Panera Bread, Applebee’s, Panda Express, Subway, Pepe’s Mexican Restaurant, Texas Roadhouse, and O’Charleys. — The mall offers modern amenities, such as Wi-Fi, soft seating areas, and electric vehicle charging. Families enjoy the children’s play area. BY THE NUMBERS Anchored by Six Major Retailers Macy’s, JCPenney, Sears, Kohl’s, Dick’s Sporting Goods, h.h. gregg Square Footage Tippecanoe Mall spans 863,000 square feet. Single Level Boasting more than 100 stores. Restaurants Seven quick-service eateries. Four sit-down restaurants. IN GOOD COMPANY Trendy. Family-Friendly. Diverse. Many fine brands have chosen Tippecanoe Mall as their preferred location in greater Lafayette, Indiana. — Buckle — Earthbound Trading Company (only one in Northern Indiana) — Finish Line — Kay Jewelers — maurices — Sephora — Tilly’s — Victoria’s Secret POSITIONED TO SUCCEED Tippecanoe Mall is located in Lafayette, Indiana. 2015 260,417 — The mall is positioned at the intersection of Main 2020 270,843 Street/SR 38 and US 52/Sagamore Parkway, which are two major commercial corridors in the market. — The area is situated between Chicago and Indianapolis, just off I-65. 2015 99,216 2020 103,548 2015 $60,226 2020 $63,710 2015 124,254 2015 $125,938 Source: SPG Research; trade area demographic information per STI: PopStats (2015). Onward La Fonta Yeoman Chalmers Walton Bunker Hill Fowler Camden Brookston Amboy Delphi Galveston Converse Sweetser Flora Oxford well TRADE AREA BOUNDARY Battle Ground Swayzee Otterbein Burlington Kokomo5 Greentown Pine Village West Lafayette Indian Heights Rossville Russiaville Lafayette 1 Sharpsville Dayton Windfall City Shadeland Mulberry Michigantown Attica Kempton Williamsport Frankfort Elwood banon Oreste Clarks Hill 65 Frankton Atlanta Newtown New Richmond Linden Colfax Kirklin Wingate Arcadia Mellott gton Thorntown Sheridan Cicero Wood Veedersburg Hillsboro Darlington Edgewood Waynetown 74 Lapel Lebanon Crawfordsville Noblesville Westeld Pendleton Advance Whitestown 3 Wallace 69 Alamo Kingman N New Ross Carmel Fishers 0 10 Ingalls New Market Zionsville Fortville MILES Jamestown 465 Ladoga 2 4 McCordsville Lizton Meridian Hills Waveland Pittsboro Lawrence Russellville North Salem Crows Nest 1 Tippecanoe Mall Roachdale TRADEMarshall AREA & COMPETITION 2 Castleton Square Simon Centers 3 Clay Terrace Competition 4 The Fashion Mall at Keystone 5 Markland Mall TEXAS ROADHOUSE WENDY’S JCPENNEY H.H. GREGG SR 38 / MAIN ST. HOOTERS DICK'S SPORTING GOODS FIRESTONE AUTO CARE SEARS O’CHARLEY’S KOHL'S TIPPECANOE MALL MACY'S US 52 PEPE’S MEXICAN RESTAURANT MAPLE POINT DR. N AERIAL OVERVIEW NORTH AERIAL VIEW KEY DEPARTMENT STORES ANCHOR STORES TEXAS RESTAURANTS ROADHOUSE SR 38 RETAIL WENDY’S H.H. GREGG DICK’S SPORTING GOODS MAPLE POINT DR. JCPENNEY SEARS APPLEBEE’S MACY’S HOOTERS PANERA BREAD KOHL’S FIRESTONE AUTO CARE O’CHARLEY’S US 52 / SAGAMORE PKWY. PEPE’S MEXICAN RESTAURANT N SITE PLAN SITE PLAN UNIQUE OPPORTUNITY Tippecanoe Mall presents a unique opportunity for your brand. Please contact the following leasing professional for more information. James Gardner (317) 263-7060 [email protected] .