Pensacola, Florida Pensacola Prime Area for Development
Total Page:16
File Type:pdf, Size:1020Kb
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). PENSACOLA, FLORIDA PENSACOLA PRIME AREA FOR DEVELOPMENT Cordova Mall serves the Pensacola market of over 457,000 people. — The area maintains a large military and Department of Defense presence. Pensacola is home to the U.S. Navy’s Blue Angels and the National Naval Aviation Museum, which has been named the 14th Best Museum in the Country by Trip Advisor. — Pensacola International Airport (PNS), University of West Florida, Pensacola State College, and three major hospitals are located less than 15 minutes from the center. — Current developments include the following for 2017: downtown Pensacola has begun construction on a $50-million mixed-use project anticipating 260 apartments plus office and retail space, a $15-million YMCA, and the 30,000-square-foot expansion of one of Pensacola’s most prized local organizations - Institute for Human & Machine Cognition. — The Navy Federal Credit Union is undergoing a massive 1.5-million-square-foot expansion plan. Phase one will feature 400,000 square feet of office space housing 2,000 employees. Phase two will add 1.1 million square feet accommodating 5,000 employees. WHERE PENSACOLA SHOPS Cordova Mall is the preeminent shopping center in the Pensacola Bay area and is the largest regional enclosed mall in northwest Florida. — The center features more than 120 specialty stores and restaurants. — Cordova Mall attracts visitors from both northwest Florida and northeast Alabama. — The property sits at the heart of the major retail corridor of Pensacola and is the most desired retail location in the market. — Victoria’s Secret is expanding to a new, larger location in 2017 and adding their Pink line. — International retailer H&M is joining Cordova Mall’s exceptional lineup of retailers in 2017. BY THE NUMBERS Anchored by Seven Major Retailers Belk, Dillard’s, Bed Bath & Beyond, Best Buy, Dick’s Sporting Goods, Ross Dress for Less, World Market Square Footage Cordova Mall spans 929,000 square feet. Single Level Boasting more than 120 stores and restaurants. IN GOOD COMPANY Distinctive. Classic. Stylish. Many fine brands have chosen Cordova Mall as their preferred location in the Pensacola market. CONTEMPORARY DINING An exceptional mix of trendy culinary destinations offers a unique dining experience for both locals and tourists. — BJ’s Restaurant & Brewhouse — Longhorn Steakhouse — Moe’s Southwest Grill — Nippon Express — Panera Bread — Pieology — Red Robin — Romano’s Macaroni Grill — Zoës Kitchen POSITIONED TO SUCCEED Cordova Mall is the only regional mall in Pensacola, Florida. 2016 456,639 2021 476,117 — It is located at the busy intersection of North Ninth Avenue (25,000 ADT) and Bayou Boulevard (23,500 ADT). 2016 176,345 — Cordova Mall is less than one mile east of I-110 and two miles south of I-10, strategically positioned to 2021 184,810 draw from the entire Pensacola region. — Sacred Heart Hospital, one of the area’s largest employers, and Pensacola State College are both 2016 $66,168 located across the street from the mall, contributing 2021 $72,752 to Cordova’s strong daytime population. — The Pensacola International Airport (PNS) served 1.6 million travelers in 2015 and is directly east of the center. 2016 163,384 2016 $183,175 Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016). ESCAMBIA Brewton East Brewton Riverview 65 Atmore Pollard Flomaton Lockhart Century Laurel Hill TRADE AREA BOUNDARYJay Bay Minette Crestview Molino 3 10 Milton phne Loxley 10 Pace Gonzalez Bagdad Robertsdale Eglin Air Force Base Ensley Ferry Pass Niceville Valparaiso Summerdale Brent 1 Bellview Eglin AFB Pensacola Wright Goulding Lake Lorraine Myrtle Grove Cinco Bayou Elberta 5 Destin Foley 6 2 Warrington Miramar4 Beac 7 Gulf Breeze N 0 8 MILES Orange Beach Gulf Shores TRADE AREA & COMPETITION 1 Cordova Mall 5 Santa Rosa Mall 2 Destin Commons 6 Silver Sands Premium Outlets Simon Centers Competition 3 Eastern Shore Centre 7 Tanger Outlets 4 Grand Boulevard PENSACOLA INTERNATIONAL AIRPORT DICK'S SPORTING GOODS BELK BED BATH & BEYOND CORDOVA MALL BEST BUY AIRPORT BLVD. WORLD DILLARD'S MARKET SR 296 / BAYOU BLVD. PIEOLOGY ZOËS LONGHORN PANERA STEAKHOUSE KITCHEN RED MOE’S SOUTHWEST GRILL BREAD ROBIN ROMANO’S MACARONI GRILL JARED THE GALLERIA OF JEWELRY BJ’S RESTAURANT & BREWHOUSE SR 289 / N. 9TH AVE. N AERIAL OVERVIEW KEY DEPARTMENT STORES ANCHOR STORES RESTAURANTS RETAIL BELK DICK’S SPORTING AIRPORT BLVD. AIRPORT GOODS BED BEST BUY BATH & BEYOND WORLD DILLARD’S MARKET PIEOLOGY ZOËS KITCHEN RED MOE’S SOUTHWEST GRILL PANERA ROBIN BREAD ROMANO’S MACARONI GRILL LONGHORN STEAKHOUSE JARED THE GALLERIA OF JEWELRY BLVD. BAYOU / 296 SR BJ’S RESTAURANT & BREWHOUSE SR 289 / 9TH AVE. N SITE PLAN UNIQUE OPPORTUNITY Cordova Mall presents a unique opportunity for your brand. Please contact the following leasing professional for more information. Ryan Backs T (317) 263-7007 M (317) 446-4014 [email protected] 225 West Washington Street Indianapolis, IN 46204 (317) 636-1600 simon.com Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG)..