Mcallen, 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). MCALLEN, TEXAS THE VISION Redefining Luxury Shopping in South Texas. La Plaza Mall consistently ranks as one of the highest grossing malls in the U.S. Located just north of the Mexican border, this top-performing center is undergoing a multimillion-dollar redevelopment that will further define its status as the ultimate luxury shopping destination in South Texas. The center will add fifty stores, four junior anchor stores, and six restaurants with its 220,000-square-foot expansion scheduled to debut in Fall 2017. As part of the expansion, the center will undergo a cosmetic renovation including a new dramatic feature court, skylights, all-glass entrances, upgraded finishes, new flooring, and improved customer amenities such as soft-seating areas and refurbished restrooms. In addition, a pair of two-level parking garages will make room for 2,000 vehicles providing ample parking space for customers. I2 KEY PROPOSED JUNIOR ANCHORS PROPOSED NEW RETAIL PROPOSED RESTAURANTS S. MAIN OVERPASS TOYS “R” US PROPOSED PARKING DECKS EXISTING DEPARTMENT STORES EXISTING RETAIL EXISTING OUTLOTS SOUTH 10TH ST. 10TH SOUTH SOUTH MAIN SOUTH SOUTH 11TH ST. 11TH SOUTH MACY’S HOME & CHILDREN’S STORE TORONTO AVE. SAVANNAH AVE. PROPOSED MACY’S EAST MULTI-LEVEL PARKING UVALDE ST. DECK DILLARD’S BICENTENNIAL BLVD. PROPOSED SOUTH MULTI-LEVEL PARKING DECK JCPENNEY LOGAN’S WINGATE INN ROADHOUSE WICHITA AVE. N MASTER PLAN DEVELOPMENT PLAN GATEWAY TO MEXICO McAllen is located in the heart of the Rio Grande Valley of South Texas only five miles from the U.S./Mexico border and is the area’s premier shopping, dining, and entertainment destination. — McAllen leads the way as the largest city in one of the fastest growing metro areas in the nation according to the U.S. Bureau of Labor Statistics. — The city ranks second to Houston in retail sales per household and per capita. — McAllen is a gateway to Mexico with two international crossings, the Hidalgo-Reynosa International Bridge and the Anzalduas International Bridge. — The Hidalgo-Reynosa Bridge connects McAllen and Hidalgo to downtown Reynosa, Mexico and the Anzalduas International Bridge links McAllen to west Reynosa, Mexico, and the express route to Monterrey. — The newly built McAllen Convention Center, located in the heart of the Rio Grande Valley, features 174,000 square feet of meeting space and a 60,000-square-foot exhibit hall. EVOLVING OUR STYLE La Plaza Mall is known throughout the region as the destination for luxury shopping in South Texas. The redevelopment will further enhance its status as the premier shopping center for the region. — La Plaza Mall draws from a consumer base of more than 10 million people within a 200-mile radius including international shoppers from the Mexican states of Nuevo Leon, Tamaulipas, San Luis Potosi and Mexico City. — The center features more than 150 specialty stores. — La Plaza Mall attracts more than 18 million visitors annually. BY THE NUMBERS Anchored by Four Department Stores Dillard’s, Macy’s, Macy’s Home & Children’s Store, JCPenney Square Footage La Plaza Mall spans more than one million square feet and is visited by more than 18 million guests each year. One Level Boasting more than 150 specialty stores. Restaurants Home to 500+ seating capacity La Plaza Cafés food court featuring unique-to-market food offerings. IN GOOD COMPANY Distinctive. Classic. Chic. Many fine brands have chosen La Plaza Mall as their preferred location in the South Texas market. — BCBGMAXAZRIA — GUESS — L’Occitane — Marciano — Oakley — Pandora — Swarovski — Victoria’s Secret INDULGENT DINING An exceptional mix of dining destinations offers a unique experience for both locals and tourists. La Plaza Cafés was renovated and expanded in 2012 and offers a wide selection to please even the most discerning palates. The 2017 expansion will add six additional signature restaurants. POSITIONED TO SUCCEED La Plaza Mall is ideally located at the intersection of Interstate 2 and 10th Street in McAllen, Texas. 2015 650,691 20192020 758,144716,808 — Interstate 2 is the main commercial corridor running east and west through McAllen, and 10th Street is one of the most traveled north-south connectors in the city. 2015 184,512 — The property is located in close proximity to 23rd 2020 203,259 Street (SR115), the primary border crossing with Mexico. — Three nearby international bridges carry tens of 2015 $52,845 thousands of vehicles into La Plaza Mall’s trade 2020 $59,588 area every day. 2015 182,913 2015 $86,806 Source: SPG Research; trade area demographic information per STI: PopStats (2015). DESTINATION SHOPPING With Reynosa, Mexico just minutes away, La Plaza Mall enjoys a significant influx of Mexican Nationals. — Approximately 40% of the shopper base is from Mexico. — Mexican Nationals account for more than double the sales of the local shopper. — The center is adjacent to the McAllen-Miller International Airport that offers daily nonstop flights to Houston, Dallas, Las Vegas, and Orlando. Linn San Perlita Los Angeles Ranchette Estates Raymondville TRADE AREA BOUNDARYLasara Hargill 69C Lyford Faysville 69E Elias-Fela Solis Monte Alto Santa Monica Eugenio Saenz Doolittle Zapata Ranch Edinburg Sebastian El Socio Citrus City Zarate Yznaga Cesar Chavez La Blanca Rafael Pena Elsa Alton San Carlos Edcouch La Villa Quesada Dong Laguna Seca West Sharyland Tierra Bonita La Grulla Murillo Cuevitas Palmhurst Muniz Santa Rosa Havana Penitas Combes Lopezville Grand Acres Los Ebanos Perezvi2lle Rio Hondo Palmview McAllen Olivarez Primera Mila Doce Abram Palmview South North Alamo Indian Hills Arroyo Garden Mission Ratamosa Juarez Midway North Lozano 1 Heidelberg 4 Arroyo Colorado Estates La Feria North Alamo Donna 2 Harlingen Mercedes Pharr Midway South 2 South Alamo Granjeno Bixby Scissors Villa Verde Green Valley Farms La Feria Laure El Camino Angosto69E Hidalgo Rangerville Progreso Lago Indian Lake Relampago Santa Maria Progreso Lakes La Paloma Los Indios Rancho Viejo Olmito N 0 10 MEXICO San Pedro MILES 3 1 La Plaza Mall TRADE AREA & COMPETITION 2 Rio Grande Valley Premium Outlets Simon Centers 3 Sunrise Mall Competition 4 Valle Vista Mall I2 SAVANNAH AVE. S. BICENTENNIAL BLVD. MACY'S HOME & CHILDREN’S STORE UVALDE AVE. MACY'S DILLARD'S SR336 / S.10TH ST. LA PLAZA MALL JCPENNEY WICHITA AVE. N MCALLENMILLER INTERNATIONAL AIRPORT KEYAERIAL OVERVIEW PROPOSED JUNIOR ANCHORS PROPOSED NEW RETAIL NORTH AERIAL VIEW PROPOSED RESTAURANTS UNIQUE OPPORTUNITY La Plaza Mall presents a unique opportunity for your brand. Please contact the following leasing professional for more information. Mike Katz (317) 685-7347 [email protected].