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Chicago Ridge Mall Chicago Ridge Mall Chicago Ridge Mall Chicago Ridge, Illinois Best-in-class retailers offering their newest prototype stores A top entertainment and dining CHICAGO, IL experience for the region NAPERVILLE, IL Located in the second most populated county in the US ORLAND PARK, IL GARY, IN 20 minutes from downtown Chicago JOLIET, IL TINLEY PARK, IL INDIANA ILLINOIS 10 MILES Chicago Ridge Mall Chicago Ridge, Illinois Enclosed single-level super regional center High-density trade area Exceptionally positive sales trends with 6.9 million visitors Property Description major roads I-294 and US Highways center description Enclosed, one-level center 12/20 anchors Kohl’s, Aldi, Bed Bath & Beyond, and AMC Chicago Ridge 6 total sf 888,300 key tenants H&M, Old Navy, Victoria’s Secret & Pink, Pandora, Akira, Charlotte Russe, Forever 21, Buffalo Wild Wings, Miller’s Ale # of stores 130 House Restaurant, and a 530-seat Dining Court with favorites including Panda Express, Charley’s Philly Steaks, and Taco Bell # of parking 4,400 THE CENTER THE MARKET STARWOOD Chicago Ridge Mall “A town where people count” — Village of Chicago Ridge slogan THE CENTER THE MARKET STARWOOD Chicago Ridge Mall In the midst of established residential area just outside Chicago city limits Serves a dense trade area of 813,500 residents Close to Chicago Midway Airport, METRA rail system and Toyota Park Strength in Numbers Near I-55 and I-294 Major infrastructure investment planned for Midway Airport 138,000 vehicles pass by on I-294 daily Recent openings include H&M, Pandora, Akira and Red Robin THE CENTER THE MARKET STARWOOD Chicago Ridge Mall THE CENTER THE MARKET STARWOOD Chicago Ridge Mall Medical, transportation and logistics dominate the local economy Two hospitals and five colleges nearby Close to major sports facility and international airport A Captive Shopper Base 150,000 residents and 66,000 daytime Average household size is 12% larger employees within three miles than US 1 in 3 trade area households have 42% of households within five miles children under age 18 have incomes of $75,000+ THE CENTER THE MARKET STARWOOD Chicago Ridge Mall North Riverside Park Mall CHICAGO Distance to Competition North Riverside Park Mall Driving – 15 mi, 30 min I-55 LA GRANGE Orland Square Driving – 9 mi, 21 min Chicago Premium Outlets CHICAGO MIDWAY (Aurora) AIRPORT The Promenade I-294 Bolingbrook Driving – 17 mi, 28 min I-355 I-94 Chicago Ridge Mall West 95th St 44,300 AADT The Promenade Bolingbrook BOLINGBROOK OAK LAWN PALOS HILLS South Ridgeland Ave 20,800 AADT 7 Legend 24,700 AADT I-294 Primary Trade Area 138,00 AADT South Harlem Ave Secondary Trade Area 40,300 AADT Competition ORLAND PARK I-57 Access Roads Orland Square (AADT= annual average daily traffic) 3 MILES THE CENTER THE MARKET STARWOOD Chicago Ridge Mall CHICAGO I-55 Area Attractions LA GRANGE Toyota Park Sports Facility (Chicago Fire Soccer Club, Electro-Motive Diesel Inc. Chicago Red Stars and Chicago Bliss) Midway Airport Hollywood Casino Amphitheatre Art Garden of Palos Heights Freedom Hall Daley College Ronald McDonald House I-94 Illinois Philharmonic Sand Ridge Nature Center Advocate Children’s Hope Hospital Local Colleges Advocate Christ Medical Center Little Company of Mary Hospital Saint Xavier University OAK LAWN Daley College Chicago Ridge Mall Saint Xavier University Moraine Valley Community College Moraine Valley I-294 Community College Governors State University Trinity College Combined enrollment: 32,900 Palos Community Hospital I-57 Trinity College Legend 7 Primary Trade Area Secondary Trade Area Colleges ORLAND PARK Governors State University Key Employers (University Park) 3 MILES THE CENTER THE MARKET STARWOOD Chicago Ridge Mall Demographics PTA1 STA2 TTA3 US Avg Population 2018 estimate 253,816 559,670 813,486 73% home ownership vs. 2023 projection 252,404 557,857 810,261 65% nationally % growth 2018–2023 -0.6% -0.3% -0.4% 3.5% Population White 72% 61% 65% 70% Nearly 2,000 professional, By Race Black 14% 14% 14% 13% scientific and technical Asian 2% 2% 2% 6% service businesses in the Hispanic Ethnicity 22% 46% 38% 18% trade area Median Age 39 37 37 38 32 high schools in 10-mile % age 15-24 13% 14% 13% 14% radius % age 25 to 44 27% 27% 27% 26% % age 45 to 64 27% 25% 25% 26% Households 2018 estimate 92,629 187,814 280,443 2023 projection 92,370 188,034 280,404 2018 households with kids under 18 34% 40% 38% 34% Average 2018 estimate $81,160 $85,097 $83,797 $86,278 Household % earning $75,000+ 43% 42% 42% 40% Income 2023 projection $91,121 $95,917 $94,337 $95,107 Education % college educated 55% 51% 52% 59% 1-MILE 3-MILE 5-MILE 10-MILE Business & business establishments 854 6,896 12,723 46,771 Employment daytime employment 9,744 66,273 144,122 508,274 1 Primary Trade Area 2 Secondary Trade Area 3 Total Trade Area THE CENTER THE MARKET STARWOOD Chicago Ridge Mall Starwood Retail Partners 5th largest manager of regional malls in the US 30 malls and lifestyle centers, with locations in 11 of the top 20 DMAs 100 million+ combined annual visits $84,600 trade area average household income California Illinois North Carolina Metreon The Arboretum of South Barrington Northlake Mall Northridge Mall Chicago Ridge Mall Parkway Plaza Louis Joliet Mall Ohio Plaza West Covina The Promenade Bolingbrook Belden Village Mall Solano Town Center Franklin Park Mall Indiana Great Northern Mall Colorado Southlake Mall SouthPark Mall Belmar Kentucky Texas Connecticut Hamburg Pavilion The Shops at Willow Bend Blue Back Square Michigan Virginia Kathy Tobin / Director, Leasing / 773.541.2870 ext. 12870 / Florida Fairlane Town Center MacArthur Center [email protected] The Mall at Wellington Green The Mall at Partridge Creek Stony Point Fashion Park Westland Mall Montana Washington Bill Cikalo / Senior Director, Big Box Leasing & Development / Georgia Rimrock Mall Capital Mall The Collection at Forsyth Kitsap Mall 312.283.5121 / [email protected] Nebraska Gateway Mall Jake Miller / Director, National Restaurant and Entertainment Leasing / 614.256.7385 / [email protected] Sources: The Nielsen Company (3/27/18), State Department of Transportation, State and Local Economic Development Resources Starwood Retail Partners 12/04/18 1 East Wacker Drive Suite 3600 Chicago, IL 60601 www.starwoodretail.com THE CENTER THE MARKET STARWOOD Chicago Ridge Mall.
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