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Tacoma (Seattle), Washington the Tacoma Transformation 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). TACOMA (SEATTLE), WASHINGTON THE TACOMA TRANSFORMATION Nestled between Seattle and Olympia, Tacoma is quickly becoming a beacon for economic growth in the South Sound region. The third largest city in the state of Washington, Tacoma serves a market of more than one million people. — The market has grown 15% over the past ten years and is projected to grow by 62% (127,000 people) over the next 25 years. — A popular tourist destination, Tacoma boasts an idyllic setting with stunning water and mountain views and over 2,700 hotel rooms. Pierce County visitor spending topped $1 billion in 2015 (45.4% was in Tacoma). — Economic development in the area is booming. Plans are underway to build a large residential and commercial project just three miles from Tacoma Mall. The 6.4-acre mixed-use project will feature 360 residential units, 90,000 square feet of offices, along with 480 parking stalls. — The 119,000-square-foot convention center hosted 209 events in 2015. — The Chambers Bay Golf Course was home to the 2015 PGA US Open, attracting approximately 235,000 people to the event. THE BUSINESS OF BUSINESS Tacoma serves as the center of business activity for the South Sound region and is a major gateway port for international trade. The Port of Tacoma is the sixth largest container-handling port in North America and ranks in the top 25 for worldwide container trade. Located on 2,400 acres, the port services more than 15 steamship lines, two transcontinental railroads, 200 interstate and intrastate trucking lines, and 20 air freight forwarders. Port activities generate more than 28,000 jobs and $477 million in wages in Pierce County. Top employers in the area include: — Joint Base Lewis-McChord - 66,054 employees — MultiCare Health System - 6,904 employees — Franciscan Health System - 5,338 employees — Boeing - 1,670 employees — Intel - 310 employees — Columbia Bank - 599 employees Top industries: — Military — Health Care — Financial Services — Aerospace WELL-EDUCATED WORKFORCE The area boasts numerous colleges and universities. — University of Tacoma - 4,600 students — University of Puget Sound - 2,800 students — Pacific Lutheran University - 3,500 students — Evergreen College - 4,200 students ARTS & CULTURE Tacoma’s downtown boasts an impressive Museum District featuring six world-class museums showcasing some of the world’s best collections and unique artwork. — The Museum of Glass is home to famous works by glass art pioneer Dale Chihuly, the 75,000-square-foot museum hosts over 150,000 visitors annually. The famous Chihuly Bridge of Glass is a 500-foot-long pedestrian overpass that links the museum to downtown Tacoma and its cultural corridor. — The Tacoma Art Museum, celebrating 80 years, features more than 4,500 works and is home to The Haub Family Collection, one of the nation’s premier Art of the American West collections featuring 300 works spanning 200 years. — LeMay, America’s Car Museum, is situated on nine acres and hosts the largest personal car collection in the world attracting 400,000 visitors annually. — Washington State History Museum highlights the state’s history through in-depth exhibitions. — At the Children’s Museum of Tacoma, children of all ages enjoy a one-of-a-kind experience. — Foss Waterway Seaport is a century-old restored shipping warehouse and maritime heritage educational center. HIGH TECH MEETS HIGH STYLE Tacoma Mall is the premier shopping destination for the South Puget Sound region. — Recently expanded Nordstrom location and updated amenities such as skylights and soft seating. — Beautifully designed and landscaped. — Serves a strong upper-middle class suburban population. — Strong daytime population of 168,000 people within just three miles of the center. BY THE NUMBERS Anchored by Six Major Retailers Nordstrom, Macy’s, JCPenney, Sears, Forever 21, Dick’s Sporting Goods (opening 2017) Square Footage Tacoma Mall spans 1,335,000 square feet. Single Level Boasting more than 150 specialty stores. IN GOOD COMPANY Distinctive. Classic. Fashion-Forward. Many fine brands have chosen Tacoma Mall as their preferred location in the Puget Sound market. — Bath & Body Works — Buckle — Build-A- Bear Workshop — Express — Forever 21 — Gap — Garage — Gene Juarez Salon & Spa — Hollister Co. — LUSH Fresh Handmade Cosmetics — Pandora POSITIONED TO SUCCEED Tacoma Mall is located in Pierce County, Washington, four miles southwest of downtown Tacoma. 2015 472,097 2020 499,300 — Tacoma Mall has both great visibility and accessibility from I-5, the major north-south interstate running through Tacoma, helping the center serve the entire Puget Sound region. 2015 181,165 — I-5 has an annual average daily traffic count (AADT) 2020 191,914 of 197,400 vehicles. The center is located just off I-5 between 38th and 48th Streets. — The center also benefits from its close proximity to 2015 $68,324 Highway 16 providing easy access to Gig Harbour and 2020 $74,992 surrounding areas (Tacoma Narrows Bridge 81,136 AADT). 2015 197,901 2015 $248,186 Source: SPG Research; trade area demographic information per STI: PopStats (2015). y yy Tukwila Renton East Renton Highlands Burien 7 Mirrormont Cascade-Fairwood SeaTac Maple Heights-Lake Desire Normandy Park 16 Vashon Hobart 5 East Hill-Meridian Kent Des Moines Maple Valley Covington Allyn-Grapeview Ravensdale TRADE AREA BOUNDARY Lake Morton-Berrydale Gig Harbor Lakeland North Lea Hill 3 Black Diamond Artondale Federal Way Auburn Ruston 5 Lakeland South Algona Pacic Milton Fox Island Tacoma Fircrest Fife Edgewood University Place 1 Sumner Waller Enumclaw Puyallup Bonney Lake Midland Steilacoom Summit 4 Buckley Lakewood 6 Prairie Ridge Parkland McChord AFB South Prairie South Hill DuPont Fort Lewis Wilkeson 5 Orting Spanaway Frederickson Carbonado Lacey Elk Plain 2 Olympia Graham N Nisqually Indian Community 0 5 Roy MILES Tumwater North Yelm 1 Tacoma Mall 5 The Outlet Collection Seattle TRADE AREA & COMPETITION 2 Capital Mall 6 South Hill Mall Simon Center 3 The Commons at Federal Way 7 Westeld Southcenter Competition 4 Lakewood Towne Center S. 38TH ST. S. STEELE ST. S. PINE ST. SEARS MACY’S TACOMA MALL TACOMA MALL BLVD. NORDSTROM I5 JCPENNEY H&M FOREVER 21 MOD PIZZA S. 47TH ST. MENCHIES BJ’S RESTAURANT & BREWHOUSE BLAZING ONION BURGER COMPANY S. 48TH ST. N AERIAL OVERVIEW N NORTH AERIAL VIEW KEY DEPARTMENT STORES TOYS “R” US ANCHOR STORE RESTAURANTS STEELE ST. STEELE RETAIL S. PINE ST. PINE S. PIER 1 IMPORTS TACOMA MALL BLVD. TACOMA SEARS MACY’S NORDSTROM I 5 JCPENNEY FOREVER 21 MOD PIZZA MENCHIES BJ’S RESTAURANT & BREWHOUSE BLAZING ONION BURGER COMPANY S. 48TH ST. BEST BUY BABIES “R” US N SITE PLAN SITE PLAN UNIQUE OPPORTUNITY Tacoma Mall presents a unique opportunity for your brand. Please contact the following leasing professional for more information. Chris Reynolds (206) 295-3230 [email protected] THE CENTER OF STYLE Since opening in 1980, Miami International Mall has remained one of the benchmark of shopping for Miami consumers. Thee center remains a collection of the worlds best retail brands, attracting more than 8 million visitors annually..
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