The Promenade Bolingbrook Bolingbrook, (Chicago) Illinois Lushly-Landscaped Village Setting
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The Promenade Bolingbrook The Promenade Bolingbrook Bolingbrook, (Chicago) Illinois Lushly-landscaped village setting Bolingbrook's downtown SCHAUMBURG, IL Winning combination of national and local stores CHICAGO, IL Numerous restaurants and an iPic Theater complement the mix NAPERVILLE, IL TINLEY PARK JOLIET, IL 10 MILES The Promenade Bolingbrook Bolingbrook, (Chicago) Illinois Open-air lifestyle center with office space The downtown for a growing family- oriented market Exceptional access via I-355 and I-55 Rare LEED certified lifestyle center Property Description major roads I-355 & I-55 center description Open-air, lifestyle center total sf 778,000 anchors Macy’s, Bass Pro Shops, iPic Theaters, Barnes & Noble # of stores 73 key tenants Pandora, C’zar Aveda Lifestyle Salon & Spa, Bar Louie, H&M, Forever 21, American Eagle Outfitters, Apricot Lane, Mago Grill # of parking 3,600 & Cantina, Ted’s Montana Grill, Francesca’s at the Promenade, Rock Bottom Restaurant & Brewery THE CENTER THE MARKET STARWOOD The Promenade Bolingbrook Bolingbrook: among “Best Places to Live” in US — Money Magazine THE CENTER THE MARKET STARWOOD The Promenade Bolingbrook Destination shoppers from a growing community Varied retail mix serves multiple markets and tastes Restaurants with cuisines that span the globe Choices for Multiple Audiences 30 miles southwest of downtown Close to Metra, offering quick access Chicago into Chicago 114,000 vehicles pass by daily on I-355 40,000 square feet of office THE CENTER THE MARKET STARWOOD The Promenade Bolingbrook THE CENTER THE MARKET STARWOOD The Promenade Bolingbrook Growing residential market of families Trade area average household income is 42% above US Award-winning schools Strong hotel base draws domestic and international visitors A Growing Market: A Place to Grow Will County tops Chicagoland Average household income of $127,300 housing starts 40% of households have children under 300 adjacent luxury apartments age 18 THE CENTER THE MARKET STARWOOD The Promenade Bolingbrook Oakbrook Center Yorktown Center OAK BROOK Distance to Competition LISLE Downtown Naperville Downtown Naperville CHICAGO MIDWAY AIRPORT Driving – 9 mi, 20 min Fox Valley Mall Fox Valley Mall NAPERVILLE Janes Avenue Driving – 12 mi, 26 min 12,900 AADT BURR RIDGE The Promenade Louis Joliet Mall Bolingbrook Driving – 14 mi, 26 min Oakbrook Center Boughton Road BOLINGBROOK Driving – 14 mi, 21 min 30,100 AADT Yorktown Center LEMONT Driving – 11 mi, 21 min The Promenade Bolingbrook is the only PLAINFIELD regional shopping ORLAND PARK I-55 destination in the primary 141,100 AADT trade area. I-355 114,300 AADT Louis Joliet Mall Legend Primary Trade Area Secondary Trade Area Competition Access Roads (AADT= annual average daily traffic) 3 MILES THE CENTER THE MARKET STARWOOD The Promenade Bolingbrook OAK BROOK First Health Corp. Nokia BP Campus DOWNERS Navistar International (HQ) GROVER Area Attractions LISLE Molex Award-winning Bolingbrook Golf Club Benedictine University Centennial Beach Edward Health Services Drury Lane Theater and Conference Center NAPERVILLE I-55 DuPage Children's BURR RIDGE Museum Hidden Lakes Park The Promenade Bolingbrook Hendrickson Illinois Aviation Museum BOLINGBROOK Rocket Ice Arena Argonne National Lab (HQ) AMITA Health Performing Arts Center Adventist Hospital Colleges ULTA (HQ) WeatherTech Lewis University Salisbury by Honeywell LEMONT Benedictine University Combined enrollment: 8,400 PLAINFIELD I-355 I-55 Legend Primary Trade Area ORLAND PARK Secondary Trade Area Colleges Lewis University Key Employers 3 MILES THE CENTER THE MARKET STARWOOD The Promenade Bolingbrook Demographics PTA1 STA2 TTA3 US Avg Population 2019 estimate 473,467 642,000 1,115,467 80% home ownership vs. 2024 projection 476,661 656,571 1,133,232 65% nationally % growth 2019–2024 0.7% 2.3% 1.6% 3.6% Population White 73% 78% 75% 70% Average household By Race Black 10% 6% 8% 13% expenditures trend well Asian 8% 9% 9% 6% above US Hispanic Ethnicity 18% 11% 14% 18% $317,400 median home value Median Age 39 39 39 39 within 5 miles % age 15-24 14% 14% 14% 14% % age 25 to 44 25% 24% 24% 26% 70% of employed residents % age 45 to 64 28% 28% 28% 26% hold white collar positions Households 2019 estimate 165,135 224,210 389,345 2024 projection 166,370 228,702 395,072 2019 households with kids under 18 39% 42% 41% 34% Average 2019 estimate $110,818 $139,539 $127,357 $89,646 Household % earning $100,000+ 42% 52% 48% 30% Income 2024 projection $123,137 $153,570 $140,754 $98,974 Education % college educated 68% 76% 72% 60% 1-MILE 3-MILE 5-MILE 10-MILE Business & business establishments 353 2,530 6,856 35,163 Employment daytime employment 6,642 32,059 83,346 429,479 1 Primary Trade Area 2 Secondary Trade Area 3 Total Trade Area THE CENTER THE MARKET STARWOOD The Promenade Bolingbrook 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 $95,400 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 Madeline Wheeler / Director, Leasing / 773.541.2877 Florida Fairlane Town Center MacArthur Center ext.12877 / [email protected] The Mall at Wellington Green The Mall at Partridge Creek Stony Point Fashion Park Westland Mall Montana Washington Bill Cikalo / 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 (2019), State Department of Transportation, State and Local Economic Development Resources Starwood Retail Partners 1 East Wacker Drive Suite 3600 Chicago, IL 60601 www.starwoodretail.com THE CENTER THE MARKET STARWOOD The Promenade Bolingbrook.