The Arboretum of South Barrington South Barrington, (Chicago) Illinois South Barrington’S Downtown WISCONSIN
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The Arboretum of South Barrington The Arboretum of South Barrington South Barrington, (Chicago) Illinois South Barrington’s downtown WISCONSIN ILLINOIS Perfect combination of an ideal location and attractive demographics LAKE FOREST, IL Pedestrian-friendly gathering for fine dining, shopping and entertainment O’HARE AIRPORT The center for a community with the ultimate lifestyle CHICAGO, IL NAPERVILLE, IL 10 MILES The Arboretum of South Barrington South Barrington, (Chicago) Illinois Open-air, one-level lifestyle center 30 miles from downtown Chicago OffI-90 , at the epicenter of Chicagoland’s affluent northwest suburbs The Hampton Social & Charles Schwab opening in 2019 Property Description major roads I-90 & Route 59 center description Open air, one-level lifestyle center total sf 480,000 anchors iPic Theaters, Pinstripes, L.L. Bean, HomeGoods # of stores 67 key tenants Arhaus Furniture, Sur La Table, Chico’s, Ruth’s Chris Steak House, Victoria’s Secret, Cooper’s Hawk # of parking 2,500 Winery & Restaurant, and Mago Grill & Cantina THE CENTER THE MARKET STARWOOD The Arboretum of South Barrington “A living experience that can’t be beat” — Village of Barrington THE CENTER THE MARKET STARWOOD The Arboretum of South Barrington Downtown’s best with easy parking Successful core of 11 exclusive restaurants Best-in-class fashion, dining and entertainment Lush landscaping, patios, artwork and A Location to Play, Shop and Dine Intersection of Routes 59 and 72 Premium movie experience with iPic Theaters Less than one mile north of Interstate 90 interchange (108,000 cars daily) Adjacent to 780-acre master planned business park Successful core of 11 exclusive restaurants Close to Sears Centre Arena THE CENTER THE MARKET STARWOOD The Arboretum of South Barrington THE CENTER THE MARKET STARWOOD The Arboretum of South Barrington Within one mile: 67% of households earn $100,000+ 81% of residents are college-educated Median home value of $800,820 Living The Good Life Community of multi-million dollar homes Low crime, high graduation rates More than 25 golf clubs and courses Area schools consistently top state and within 10 miles national rankings Less than an hour from downtown Chicago * Figures on this page apply to the 1-mile radius around the property THE CENTER THE MARKET STARWOOD The Arboretum of South Barrington Distance to Competition Algonquin Commons Driving – 13 mi, 18 min Deer Park Town Center Driving – 11 mi, 20 min ALGONQUIN Woodfield Shopping BARRINGTON Deer Park Center Algonquin Commons Town Center Driving – 9 mi, 19 min Spring Hill Mall The Arboretum of PALATINE Driving – 6 mi, 14 min South Barrington ARLINGTON HEIGHTS Spring Hill Mall I-90 108,600 AADT Woodfield 72 Shopping Center ELGIN 29,500 AADT SCHAUMBURG 59 O’HARE Legend 34,600 AADT INT’L AIRPORT Primary Trade Area Secondary Trade Area Competition Access Roads (AADT= annual average daily traffic) 3 MILES THE CENTER THE MARKET STARWOOD The Arboretum of South Barrington ALGONQUIN BARRINGTON Nearby Attractions Main Event Entertainment Sears Centre Arena 59 Medieval Times Dinner & Tournament PALATINE Goebberts Farm The Arboretum of 72 South Barrington Sears Holdings Willow Creek ARLINGTON Colleges Community Church HEIGHTS Harper College Ambria College of Nursing Harper College I-90 Siemans Medical Solutions Bosch Rexroth Corp Claire’s Stores Inc. (HQ) Motorola Holdings Judson University GE Capital Services CDK Global Judson University Liberty Mutual Combined enrollment: 15,900 AMITA Health St. Alexius Medical Center Zurich Holding Co. of America ELGIN SCHAUMBURG IBM 72 59 AMITA Health Alexian Legend Brothers Medical Center Primary Trade Area Secondary Trade Area Colleges Key Employers 3 MILES THE CENTER THE MARKET STARWOOD The Arboretum of South Barrington Demographics PTA1 STA2 TTA3 US Avg Population 2019 estimate 468,583 772,317 1,240,900 Consumer expenditures 2024 projection 470,324 781,450 1,251,774 trend 25% to 40% above % growth 2019–2024 0.4% 1.2% 0.9% 3.6% US average Population White 69% 78% 75% 70% By Race Black 4% 3% 3% 13% 25% more spending on Asian 14% 10% 12% 6% food outside the home Hispanic Ethnicity 24% 17% 20% 18% than US average Median Age 39 40 40 39 Home ownership rate of % age 15-24 13% 13% 13% 14% nearly 80% % age 25 to 44 25% 25% 25% 26% % age 45 to 64 28% 28% 28% 26% Households 2019 estimate 165,315 278,422 443,737 2024 projection 166,409 282,035 448,444 2019 households with kids under 18 39% 38% 38% 34% Average 2019 estimate $117,863 $118,709 $118,394 $89,646 Household % earning $100,000+ 44% 45% 45% 30% Income 2024 projection $129,367 $130,369 $129,997 $98,974 Education % college educated 68% 71% 70% 60% 1-MILE 3-MILE 5-MILE 10-MILE Business & business establishments 237 1,771 5,101 31,801 Employment daytime employment 2,626 40,752 71,620 379,697 1 Primary Trade Area 2 Secondary Trade Area 3 Total Trade Area THE CENTER THE MARKET STARWOOD The Arboretum of South Barrington Starwood Retail Partners 5th largest manager of regional malls in the US 30 malls and lifestyle centers, with locations in 11 of the top 20 DMAs 100 million+ combined annual visits $95,400 trade area average household income California Illinois North Carolina Metreon The Arboretum of South Barrington Northlake Mall Northridge Mall Chicago Ridge Mall Parkway Plaza Louis Joliet Mall Ohio Plaza West Covina The Promenade Bolingbrook Belden Village Mall Solano Town Center Franklin Park Mall Indiana Great Northern Mall Colorado Southlake Mall SouthPark Mall Belmar Kentucky Texas Connecticut Hamburg Pavilion The Shops at Willow Bend Blue Back Square Michigan Virginia Madeline Wheeler / Director, Leasing / Florida Fairlane Town Center MacArthur Center 773.541.2877 ext.12877 / [email protected] The Mall at Wellington Green The Mall at Partridge Creek Stony Point Fashion Park Westland Mall Montana Washington Bill Cikalo / Director, Big Box Leasing & Development / Georgia Rimrock Mall Capital Mall The Collection at Forsyth Kitsap Mall 312.283.5121 / [email protected] Nebraska Gateway Mall Jake Miller / Director, National Restaurant and Entertainment Leasing / 614.256.7385 / [email protected] Sources: The Nielsen Company (2019), State Department of Transportation, State and Local Economic Development Resources Starwood Retail Partners 1 East Wacker Drive Suite 3600 Chicago, IL 60601 www.starwoodretail.com THE CENTER THE MARKET STARWOOD The Arboretum of South Barrington.