The Collection at Forsyth Cumming, (Atlanta) Georgia Forsyth County, Georgia Is Among the Fastest-Growing Residential Areas in the US
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The Collection at Forsyth The Collection at Forsyth Cumming, (Atlanta) Georgia Forsyth County, Georgia is among the fastest-growing residential areas in the US GAINESVILLE, GA Young families and young professionals dominate the area CUMMING, GA Today’s most-desired fashion and ALPHARETTA, GA specialty retailers MARIETTA, GA Dining, office and entertainment round out the mix 10 MILES ATLANTA, GA The Collection at Forsyth Cumming, (Atlanta) Georgia Open-air, mixed-use center with retail, restaurants, entertainment, office, hotel and services 35 miles north of downtown Atlanta Includes 70,000 square feet of office space A Marriott Fairfield Inn & Suites Property Description major roads GA 400 and Peachtree center description Open-air lifestyle center Parkway (Highway 141) anchors AMC Forsyth 12, Barnes & Noble, Academy Sports, Earth Fare total sf 565,000 Grocer key tenants Chico’s, Loft, White House Black Market, Victoria’s Secret, # of stores 80 Soma, Talbots, J. Jill, American Eagle Outfitters, Bath & Body Works, DSW, Ted’s Montana Grill, Jos. A Bank Clothiers, Altar’d # of parking 2,500 State, Zoës Kitchen, Grub Burger Bar, and Marlow’s Tavern THE CENTER THE MARKET STARWOOD The Collection at Forsyth “Forsyth County has become one of the most vibrant sections of the Atlanta metropolitan area.” — GeorgiaEncyclopedia.org THE CENTER THE MARKET STARWOOD The Collection at Forsyth In the heart of Georgia’s Technology Corridor Earth Fare Grocer, AMC Theatre, Academy Sports and numerous restaurants draw shoppers on a daily basis Top performing AMC Theatre + IMAX Growth Beyond the Pale 124,000 vehicles daily on adjacent Population growth three times national GA 400 and Peachtree Parkway average by 2023 Within 10 miles: 78% of residents hold white collar positions 444,000 residents with average household income of $139,000 THE CENTER THE MARKET STARWOOD The Collection at Forsyth THE CENTER THE MARKET STARWOOD The Collection at Forsyth Diversified economy includes technology, data centers, healthcare and defense Loyal and growing affluent, well- educated shopper base Ninth largest county in Georgia Free-spenders Within 5 miles: 1 in 2 households have children Household expenditures trend more under 18 than 30% above US average 60% of households have average 8 in 10 residents are college educated incomes of $100,000+ THE CENTER THE MARKET STARWOOD The Collection at Forsyth 400 Distance to Competition 58,300 AADT Avalon Driving – 10 mi, 14 min Lenox Square Driving – 27 mi, 33 min Atlanta Highway Mall of Georgia 11,800 AADT The Collection at Forsyth Driving – 17 mi, 31 min BUFORD North Point Mall Peachtree Parkway Driving – 12 mi, 17 min (Highway 141) ALPHARETTA 34,100 AADT Perimeter Mall Avalon Mall of Georgia Driving – 22 mi, 29 min North Point Mall Phipps Plaza ROSWELL Driving – 27 mi, 33 min The Forum 400 GWINNETT COUNTY Driving – 14 mi, 23 min 66,300 AADT The Forum AIRPORT LAWRENCEVILLE NORCROSS Perimeter Mall DEKALB PEACHTREE AIRPORT Legend Phipps Plaza Competition Lenox Square Access Roads (AADT= annual average daily traffic) 3 MILES ATLANTA THE CENTER THE MARKET STARWOOD The Collection at Forsyth Forsyth County Government 10 mi. Area Attractions 211,146 Lake Sidney Lanier Sawnee Mountain Forsyth County School System Tyson Foods, Inc Etowah River Water Trail Big Creek Greenway Daytime Employees 5 mi. 20,355 Koch Foods Colleges 67,434 Lanier Technical College 3 mi. Northside Businesses North Georgia College and Hospital 6,885 American Boa, Inc. (HQ) 20,373 State University 2,059 Gordon College Wesleyan College The Collection at Forsyth 46,201 123,984 Residential Population 443,707 Macon State College $147,448 19 Central Georgia Technical 141 $149,874 College L-3 Communications Display Systems Household Income Mercer University Siemens Energy & Automation, Inc Hansgrohe USA, Inc. (HQ) Combined enrollment: 40,600 I-985 Scientific Games International, Inc. $139,143 Legend Demographics Key Employers 3 MILES 120 I-85 THE CENTER THE MARKET STARWOOD The Collection at Forsyth Demographics 3 Miles 5 Miles 10 Miles US Avg Population 2018 estimate 46,201 123,984 443,707 Within 5 miles: 2023 projection 51,207 137,258 484,492 % growth 2018–2023 10.8% 10.7% 9.2% 3.5% 87% home ownership rate Population White 68% 72% 67% 70% vs. 65% nationally By Race Black 5% 5% 8% 13% Average household income Asian 21% 17% 18% 6% 74% greater than US Hispanic Ethnicity 8% 9% 9% 18% Median Age 39 38 38 38 Median home value of % age 15-24 13% 14% 14% 14% $350,000 vs. $207,000 % age 25 to 44 25% 24% 24% 26% nationally % age 45 to 64 27% 28% 30% 26% Population growth rate Households 2018 estimate 15,476 40,536 151,544 nearly three times US 2023 projection 17,067 44,680 164,816 2018 households with kids under 18 48% 50% 47% 34% Average 2018 estimate $147,448 $149,874 $139,143 $86,278 Household % earning $100,000+ 59% 59% 52% 28% Income 2023 projection $164,870 $167,306 $154,224 $95,107 Education % college educated 80% 81% 80% 59% 1-MILE 3-MILE 5-MILE 10-MILE Business & business establishments 561 2,059 6,885 20,355 Employment daytime employment 5,287 20,373 67,434 211,146 THE CENTER THE MARKET STARWOOD The Collection at Forsyth 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 $84,600 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 Mark Salman / Director, Leasing / 312.265.2231 / Florida Fairlane Town Center MacArthur Center [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 Tim Martin / Director, National Restaurant and Entertainment Leasing – East / 813.455.0651 / [email protected] Sources: The Nielsen Company (3/27/18), State Department of Transportation, State and Local Economic Development Resources Starwood Retail Partners 11/28/18 1 East Wacker Drive Suite 3600 Chicago, IL 60601 www.starwoodretail.com THE CENTER THE MARKET STARWOOD The Collection at Forsyth.