R I D G E DA L E CENTER Minnetonka, Minnesota TABLE OF CONTENTS
PROPERTY PROPERTY 03 OVERVIEW 09 AERIAL
COMMUNITY BUSINESS 06 DEDICATION 10 COMMUNITY
FEATURED ABOUT US & 07 RETAILERS 12 CONTACT
TRADE 08 AREA 3 PROPERTY OVERVIEW RIDGEDALE CENTER
The shopping destination of choice
“
As the premier retail destination in Western Featuring an array of sought-after retailers including I like Hollywood. Minneapolis, Ridgedale Center provides its highly Macy’s, Nordstrom, Apple, Athleta, Pottery Barn, affluent and educated resident base with the area’s Williams Sonoma, Evereve, Hammer Made, and best options for fashion, dining, and entertainment. lululemon athletica, Ridgedale Center provides prospects I just like with a location primed with opportunity and growth. Minneapolis a little bit better.
–Prince 4 PROPERTY OVERVIEW RIDGEDALE CENTER 5 PROPERTY OVERVIEW RIDGEDALE CENTER
Ridgedale Center at a glance
1.1M+ 50K+ SQUARE FEET OF SQUARE FEET OF RESTAURANT AND RESTAURANT AND RETAIL SPACE RETAIL SPACE ADDED IN 2015
110+ 6 LEADING RETAILERS FULL-SERVICE RESTAURANTS 6 COMMUNITY DEDICATION RIDGEDALE CENTER
A place to gather and connect
Retailer awareness generated through 150M+ media impressions
Personal styling, personal shopping, and wardrobe planning programs
Innovative children’s play area
Monthly traffic-driving activations
Average of 1,500 shoppers for each major event 7 FEATURED RETAILERS RIDGEDALE CENTER
OPENING SOON OPENING SOON 8 TRADE AREA RIDGEDALE CENTER
AV ER AGE HOUSEHOLD INCOME
BELOW $50,000 BROOKLYN PARK $50,000 TO $75,000
$75,000 TO $100,000
$100,000 TO $150,000
OVER $150,000 MAPLE GROVE Positioned to capture the
PLYMOUTH highest-quality customers residing in Western Minneapolis MINNEAPOLIS
RIDGEDALE CENTER
SELECT DEMOGRAPHIC COMPARISON MINNETONKA (DEMOGRAPHICS ARE BASED ON 7-MILE RADIUS UNLESS OTHERWISE NOTED)
BASE COUNTS RIDGEDALE CENTER GALLERIA EDINA
POPULATION 384,436 551,636
EDINA 5-YEAR PROJECTED GROWTH 5.39% 4.66%
HOUSEHOLDS 162,852 245,112
GALLERIA EDINA 7 MILES AFFLUENCE & EDUCATION
% OF TOTAL HOUSEHOLDS WITH INCOMES $150,000+ 24% 17%
AVERAGE HH INCOME $119,403 $98,094
BLOOMINGTON AVERAGE HH NET WORTH $1,234,030 $865,964
% POPULATION 25+ WITH BACHELOR’S DEGREE OR HIGHER 55.87% 52.47%
EAGAN
7 MILES
BURNSVILLE
Source: 2018 ESRI 9 PROPERTY AERIAL RIDGEDALE CENTER
I-494 HOPKINS 54,997 AADT CROSSROAD
I-394 / US-12 RIDGEDALE +45,000 AADT PLYMOUTH CENTER ROAD
MACY’S
NORDSTROM
JCPENNEY
Highly accessible
20 MINUTES FROM MINNEAPOLIS-SAINT PAUL INTERNATIONAL AIRPORT
8 MILES WEST OF DOWNTOWN MINNEAPOLIS
Source: 2018 INRIX 10 BUSINESS COMMUNITY RIDGEDALE CENTER
At the heart of a thriving business community
RIDGEDALE CENTER BENEFITS FROM THE CONTINUED GROWTH AND SUCCESS OF ITS SURROUNDING BUSINESSES.
TOP MINNETONKA EMPLOYERS
1. UNITEDHEALTH GROUP 2. CARGILL, INC. 3. CARLSON COMPANIES 4. MINNETONKA INDEPENDENT SCHOOL DISTRICT 5. MEDICAL HEALTH PLANS
TOP MINNEAPOLIS EMPLOYERS (WITHIN 10 MILES OF RIDGEDALE CENTER)
1. TARGET 2. HENNEPIN HEALTHCARE 3. WELLS FARGO 4. HENNEPIN COUNTY 5. AMERIPRISE FINANCIAL 6. U.S. BANK 7. XCEL ENERGY 8. CITY OF MINNEAPOLIS 9. HONEYWELL INTERNATIONAL
Source: Twin City Business; 2017 Comprehensive Annual Financial Report for the City of Minnetonka 11 RIDGEDALE CENTER We mean retail We operate best-in-class properties that provide an engaging environment and experience for our communities, retailers, employees, consumers, and stakeholders. Using strategic thinking, innovation, and community partnerships, we have transformed our retail centers into lifestyle destinations—creating a new era of retail.
Our expansive portfolio is comprised of more than 170 locations across 43 states and represents over 146 million square feet of retail space—ranking us among the largest retail real estate companies in the United States. Our gathering places are paradigms of modern luxury and accessibility—10,000 nationally renowned tenants allow us to unite high-profile retailers with eclectic culinary and cultural concepts in inspiring contemporary settings.
Brookfield Properties’ retail group is headquartered in Chicago and owned by affiliates of Brookfield Asset Management.
RETAIL LEASING Silvia Vettese | Senior Director, Leasing [email protected] 312.960.2558
EAT / DRINK LEASING Julian Soto | Senior Representative, Restaurant Leasing [email protected] 312.960.2895
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