The Forum at Fort Myers Champion Ring Rd, Fort Myers, Fl 33905 Retail/Entertainment Destination Table of Contents
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THE FORUM AT FORT MYERS CHAMPION RING RD, FORT MYERS, FL 33905 RETAIL/ENTERTAINMENT DESTINATION TABLE OF CONTENTS 03 OVERVIEW 05 SUBJECT LOCATION AERIAL VIEW REGIONAL MAP AERIAL MAP SITE PLAN RENDERINGS 12 MARKET OVERVIEW SOUTHWEST FL OVERVIEW FT. MYERS OVERVIEW DEMOGRAPHICS CONTACT INFORMATION DAN O’BERSKI TIM SCHNEIDER TONY MANGIONE Managing Director Senior Associate Principal +1 239 334 3040 +1 239 334 3040 +1 239 334 3040 [email protected] [email protected] [email protected] ERIK WESTEDT SCOTT KAPLAN 9250 Corkscrew Rd | Suite 13 | Estero, FL 33928 | www.trinitycre.com Vice President Senior Vice President © 2015 Trinity Commercial Group, Inc. +1 213 545 4500 +1 909 618 6900 This information is considered accurate, but not guaranteed. [email protected] [email protected] OVERVIEW OVERVIEW PROPERTY Trinity Commercial Group, Inc. is pleased to present The Forum, a 706 acre master planned, mixed use development exhibiting dense retail, residential, and office sites. The Forum is adjacent to I-75 spanning two exits, Colonial Blvd (136) & SR 82 (138) HIGHLIGHTS LOCATION: Lee County is home to Hertz Global Headquarters, Chico’s Corporate Headquarters, Boston Redsox & Minnesota Twins Spring Training, and Florida Gulf Coast University. Colonial Blvd is a major commuter route connecting area’s largest City, Cape Coral, ADDRESS Champion Ring Rd, Fort Myers, FL 33905 (population 175,000+) with the areas fastest growing workforce community, Lehigh Acres, (86,000+ population). The subject site is Target, Home Depot, Hyatt Place Hotel, Holiday Inn strategically located on the NEQ of Colonial Boulevard and I-75 The KEY TENANTS Express, Ross, Petco, Staples, Bed Bath & Beyond, Forum at Fort Myers has two access points to I-75: State Road 82 to Starbucks, Five Guys Burgers & Fries, Mattress Firm, Moe’s, the north, and Colonial Blvd to the south. Buffalo Wild Wings and many bank branches. REGIONALLY WELL POSITIONED: The Forum, because of its location, connectivity, interstate visibility, and master planned sites, AVAILABLE Anchor, co-anchor & restaurant space is the only site within a 30 mile radius that can truly be considered a competitive regional destination center with ready-to-build site HOUSEHOLDS 153,400± homes (within 10± mile radius) inventory in place. $58,382 (within 10± mile radius) TRAFFIC: Counts on I-75 at Colonial Blvd exceed 90,000 daily. SR AVG INCOME 82 is the primary commuter route between Lehigh Acres and the City of Fort Myers. Daily counts on Colonial Blvd are 76,000 daily and SR 2,600’± on I-75 , 82 total 28,000. FRONTAGE 2,500’± on Colonial Blvd 1,936’± on SR 82 THE FORUM | Champion Ring Road, Fort Myers, Florida 33905 | 4 SUBJECT LOCATION RETAIL / ENTERTAINMENT DEVELOPMENT 75 75 RETAIL DEVELOPMENT ProposedRETAIL Retail/Entertainment / ENTERTAINMENT DevelopmentDEVELOPMENT ProposedRETAIL DevelopmentDEVELOPMENT 75 MULTI FAMILY ProposedOFFICE Office DEVELOPMENT DEVELOPMENT 500± UNITS Development 75 SUBJECT LOCATION REGIONAL MAP I-75: 90,000± Traffic Counts Colonial Blvd: 76,000± SR 82: 28,000± Est. Home Value: $157,800 Population: 342,707 Projected HHs: 153,433± (within 10± miles) THE FORUM | Champion Ring Road, Fort Myers, Florida 33905 | 8 SR 82 29,225± AADT SUBJECT LOCATION AERIAL MAP RETAIL / ENTERTAINMENT DEVELOPMENT 68,500± AADT Colonial Blvd 76,000± AADT THE FORUM | Champion Ring Road, Fort Myers, Florida 33905 | 9 SUBJECT LOCATION AERIAL MAP THE FORUM | Champion Ring Road, Fort Myers, Florida 33905 | 10 PARCEL PLANS 17 A & B THE FORUM | Champion Ring Road, Fort Myers, Florida 33905 | 11 PARCEL PLANS 17 A & B THE FORUM | Champion Ring Road, Fort Myers, Florida 33905 | 12 PARCEL PLANS 18 THE FORUM | Champion Ring Road, Fort Myers, Florida 33905 | 13 MARKET OVERVIEW 20,000± UNITS ARE UNDER CONSTRUCTION GREEN INDICATES A COMMUNITY THAT JUST COMPLETED BUILD OUT AND IS FULLY SOLD, RED INDICATES SITES THAT KEYSTONE CREEK ARE WORKING ON ENTITLEMENTS, AND YELLOW HIGHLIGHTS 6,426± UNITS NEIGHBORHOODS CURRENTLY BEING BUILT OUT. EASTWOOD VILLAGE 2,600± UNITS WATERFORD LANDING 1,012± UNITS LEHIGH ACRES COLONIAL COMMONS 98 K ± POP COLONIAL 96± UNITS PELICAN PRESERVE COUNTRY CLUB 2,500± UNITS WATERMARK 1,849± UNITS 219± UNITS COLONIAL 70 421± UNITS REFLECTION ISLES BOTANICA LAKES 553± UNITS 695± UNITS GATEWAY CYPRESS WALK PASEO 15,000± POP 114± UNITS 1,332± UNITS MARINA BAY 806± UNITS PLANTATION CAMDEN SQUARE 1,100± UNITS 96± UNITS MARKET OVERVIEW DANIELS PLACE RESIDENTIAL STUDIES 85± UNITS MARKET OVERVIEW LEE & COLLIER COUNTY MAJOR EMPLOYERS Definitions of Southwest Florida vary, though its boundaries are generally considered to put it south of the Tampa Bay area, west of Lake Okeechobee, and mostly north of the Everglades and to include Manatee, Sarasota, Charlotte, Lee, and Collier counties. For some purposes, the inland counties of DeSoto, Glades, and Hendry, and the thinly populated mainland section Monroe County, south of Collier, are also included. The region includes four metropolitan ar- eas: the North Port-Bradenton-Sarasota MSA (sometimes alternately considered a part of the Tampa Bay Area to the north), the Cape Coral-Fort Myers MSA, the Naples-Marco Island MSA, and the Punta Gorda MSA. Southwest Florida is one of the fastest-growing areas in the nation, according to the U.S. Census Bureau’s most recent population estimates. Lee and Collier counties ranked in the top 10 of the nation’s fastest-growing metro areas based on population increases from July 2013 to July 2014. Census figures released today show Lee County added 18,177 people during that span, an increase of 2.7 percent, the sixth-largest increase in the country. Collier ranked No. 10 with an increase of 2.5 percent, adding an es- timated 8,671 residents. The Census Bureau estimated Lee’s population at 679,513 as of last July and 348,777 for Collier. If both counties grow at their same rates through July 2015 that would put Lee’s population at an estimated 697,860 and Collier’s at 357,496. Southwest Florida was largely ignored by commercial de- velopers until the late 1800s, and as such, lacks much of the heavier development present in other parts of Florida, such as that found in the central or southern regions of the state. SOUTHWEST In recent years however, there has been a major real estate boom focusing on downtown Fort Myers (high-rise residen- tial condominiums); southern Lee County (commercial de- velopment and high-technology); eastern Collier County FLORIDA (residential development); and eastern parts of Bradenton. Southwest Florida International Airport, located in South Fort Myers, served over 7.9 million passengers in 2014 and offers non-stop flights to 3 cities in Europe and 2 in Canada, in addi- tion to 36 domestic airports. The area’s secondary airport, Sarasota-Bradenton International Airport, served 2.9 million passengers in 2014. Southwest Florida is served by several major highways, including the Tamiami Trail (U.S. 41) and the Interstate 75 freeway, both of which connect the area to Tampa to the north, and Greater Miami–Ft. Lauderdale to the east. Tour- ism is a major economic driver in the area. In addition, many seasonal residents live in the area during the winter months, as temperatures in south Florida stay very moderate during that time of year. THE FORUM | Champion Ring Road, Fort Myers, Florida 33905 | 17 CITY OF FORT MYERS Located on the south bank of the Caloosahatchee River, Fort Myers has been home to sol- diers, ranchers, cowboys, snowbirds and inventors. Named after Col. Abraham Myers, Fort Myers was founded in 1850 as a military outpost during the Seminole Wars. The Fort saw service again as a Union outpost during the Civil War and was officially retired from military service in 1865. Almost immediately the abandoned Fort Myers became home to settler families, land speculators and Florida Crackers (our cowboys and cowgirls). By 1885, the town of Fort Myers was established, the Fort Myers Press was printing and world famous inventor Thomas Alva Edison called Fort Myers his winter home. During this period Fort Myers became the county seat of the newly formed Lee County and tourism boomed as offshore tarpon fishing enticed sport fishermen and adventurers from around the world. Fort Myers saw amazing growth through the 1920s until the combination of a failing real estate market and crashing stock market sent Fort Myers into depression. The new Federal Post Office building, the Edison Bridge and the Yacht Basin all made significant improve- ments to the struggling downtown. It was a return to Fort Myers’ military heritage that would bring all of Southwest Florida out of depression and into prosperity. The establishment of Buckingham Field and Page Field during World War II brought thousands of service men and women to Lee County and gave local business a much need boost with government contracts and services for the two bases. Since the 1950’s Southwest Florida and Fort Myers have seen amazing growth and prosperity and have become premiere destinations for sun-seekers, investors and retirees. THE FORUM AT FORT MYERS DEMOGRAPHICS 1 Mile 3 Miles 5 Miles 10 Miles 2015 Population 2,963 27,438 100,779 348,868 2020 Population 3,178 30,262 109,463 374,051 2010 Population 2,722 24,215 91,225 322,481 2000 Population 1,861 16,758 65,292 249,188 POPULATION Percent Pop Change: 2010 to 2015 8.86% 13.31% 10.47% 8.18% Percent Pop Change: 2015 to 2020 7.24% 10.29% 8.62% 7.22% 2015 Median Age 33.69 35.99 37.38 43.54 2015 Households 692 11,033 38,440 144,215 2020 Households 773 12,272 42,021 154,659