Miami, Florida a Lush Destination
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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). MIAMI, FLORIDA A LUSH DESTINATION In the subtropical climate of southern Miami, The Falls® attracts cosmopolitan shoppers from nearby communities and around the world. — Southern Miami includes upscale suburbs and oceanfront homes. Coral Gables, Kendall, South Miami, Cutler Bay, Village of Pinecrest, Palmetto Bay, and Coconut Grove are all nearby cities. — Within a three-mile radius, the area is dense and affluent. The market has more than 100,000 people, and the average annual household income is more than $130,000. — Approximately 30% of shoppers are tourists. The Falls attracts mostly international tourists from Brazil, Argentina, Mexico, Canada, France, and the United Kingdom. — The Falls is within three miles of Biscayne Bay and the Atlantic Ocean. — Surrounding attractions include Zoo Miami, Miami Seaquarium, Jungle Island, the Florida Keys, and Everglades National Park. MIAMI’S FAVORITE OUTDOOR SHOPPING At The Falls, visitors shop and dine along the open-air walkways, enjoying the million-gallon waterscape and tropical foliage. — The Falls has more than 100 stores offering a wide selection of popular brands and styles. — Many stores are unique to the market, including American Girl®, The Apple Store, Michael Kors, Brooks Brothers, BCBGMAXAZRIA, L’Occitane, and Vera Bradley. — In 2015, Miami New Times named The Falls one of Miami’s Five Best Shopping Malls. BY THE NUMBERS Anchored by Two Department Stores Bloomingdale’s and Macy’s Square Footage The Falls spans 838,000 square feet. Single Level An open-air center with more than 100 stores. Restaurants Nine quick-service eateries. Eight sit-down restaurants. IN GOOD COMPANY Trendy. Diverse. Sophisticated. Many fine brands have chosen The Falls as their preferred location in southern Miami, Florida. — ALDO — ALEX AND ANI — American Eagle Outfitters — Columbia Sportswear — The Fresh Market — The Limited — Victoria’s Secret INDULGENT DINING & ENTERTAINMENT In The Falls’ relaxing atmosphere, shoppers can dine at one of several sit-down restaurants and enjoy outstanding entertainment options. — Sit-down restaurants include BRIO Tuscan Grille, BJ’s Restaurant & Brewhouse, TGI Fridays, Los Ranchos Steakhouse, P.F. Chang’s, Red Robin, and Sokai Sushi Bar. — In 2012, American Girl® opened a 16,000-square- foot store. American Girl® Bistro makes the store experience a special event. — Regal Cinemas has a 12-screen movie theater. — The Falls’ spectacular light show and the Miracle on 136th Street Holiday Parade make the holidays a special time at the center. The parade attracts approximately 30,000 visitors annually. — In 2014, Miami New Times named The Falls one of the Top 10 Most Festive Spots in Miami for its holiday events. POSITIONED TO SUCCEED The Falls is strategically positioned to serve the affluent suburbs of southern Miami. 2015 944,728 2020 975,471 — The Falls is at the corner of US-1 and SW 136th Street. — Both US-1 and SW 136th Street are among the busiest corridors in Miami-Dade County. 2015 315,230 2020 325,340 2015 $80,567 2020 $85,182 2015 306,693 2015 $352,438 Source: SPG Research; trade area demographic information per STI: PopStats (2015). DESTINATION SHOPPING One of the nation’s most cosmopolitan cities, Miami is the ultimate destination for shopping, trendsetting fashions, nightlife, and entertainment. — Miami welcomes more than 40 million visitors annually, and tourism contributes more than $23.8 billion to the region’s economy. — Greater Miami and the Beaches has become one of the most fashion-forward destinations in the world. — Miami’s nightlife is one of the most diverse and exciting in the nation and the hottest clubs are located in South Beach. — Miami International Airport is currently the second most popular gateway in the U.S. for international arrivals. In 2015, the number of international visitors grew 5% (more than 21 million). The number of domestic visitors grew by 11% (more than 23 million). — Miami is also home to two unique national parks, Biscayne National Park and Everglades National Park. Country Club North Miami Beach Bunche Park Miami Lakes Golden Glades Opa-locka Bal Harbour 2 Westview Biscayne Park Hialeah Gardens 95 Indian Creek Pinewood Miami Shores Medley 13 West Little River Hialeah El Portal North Bay Village Gladeview Miami Springs Brownsville 5 Miami Beach Doral Virginia Gardens TRADE AREA BOUNDARY 8 6 9 Miami 7 Fountainbleau 3 Fisher Island Tamiami West Miami University Park Westchester Coral Terrace 12 Olympia Heights Glenvar Heights Kendall WestKendale Lakes Sunset 10 Coral Gables 4 Key Biscayne Kendall The Hammocks The Crossings 1 Pinecrest 1 Richmond Heights Country Walk Palmetto Estates Cutler Richmond West East Perrine South Miami Heights 11 Cutler Ridge Goulds Princeton N Naranja 0 5 MILES Homestead Base Leisure City Homestead 1 The Falls 6 Dolphin Mall 10 The Shops at Sunset Place TRADE AREA & COMPETITION 2 Bal Harbour Shops 7 Mall at Miami World Center (Fall 2016) 11 Southland Mall Simon Centers 3 Brickell City Centre (2016) 8 Lincoln Road 12 The Village of Merrick Park Competition 4 Dadeland Mall 9 Miami International Mall 13 Westland Mall 5 Design District SW 92ND AVE. MACY'S REGAL CINEMAS P.F. CHANG’S RED ROBIN THE FALLS AMERICAN GIRL TGI FRIDAYS BLOOMINGDALE'S BJ’S RESTAURANT & BREWHOUSE BRIO TUSCAN GRILLE US 1 / DIXIE HWY. LOS RANCHOS STEAKHOUSE SW 136TH ST. / HOWARD DR. SOKAI SUSHI BAR THE FRESH MARKET N AERIAL OVERVIEW WEST AERIAL VIEW KEY DEPARTMENT STORES ANCHOR STORE RESTAURANTS RETAIL THEATER GROCERY SW 136TH ST. RED ROBIN PARKING DECK THE FRESH MARKET P.F. CHANG'S B.J.'S RESTAURANT LOS RANCHOS & BREWHOUSE STEAKHOUSE BRIO SOKAI TGI FRIDAYS TUSCAN SUSHI BAR GRILLE MACY’S BLOOMINGDALE’S PARKING US 1 / S. DIXIE HWY. DECK REGAL CINEMAS THE AMERICAN APPLE GIRL STORE N SITE PLAN SITE PLAN UNIQUE OPPORTUNITY The Falls presents a unique opportunity for your brand. Please contact the following leasing professional for more information. Jennifer Collada (305) 909-0466 [email protected] .