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Edina (Minneapolis), Minnesota Southdale Center Redefining the Shopping Experience

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Edina (Minneapolis), Minnesota Southdale Center Redefining the Shopping Experience EDINA (MINNEAPOLIS), MINNESOTA SOUTHDALE CENTER REDEFINING THE SHOPPING EXPERIENCE Southdale Center, the nation’s first regional indoor shopping center, has recently completed a comprehensive, state-of-the art center transformation with stunning architectural details and innovative customer amenities ultimately redefining the shopping, dining, and hospitality experience in Edina, Minnesota. The center offers a carefully curated mix of shopping, dining, and entertainment options including notable names such as: Apple, J.Crew, The Cheesecake Factory, P.F. Chang’s, Macy’s, Lakeshore Grill, and Rojo Mexican Grill. Entertainment options such as AMC 16 Theatres and Dave & Buster’s give shoppers even more reasons to gather and extend their stay at Southdale Center. WHAT’S NEW AT SOUTHDALE Southdale Center is continuously evolving and leads the movement in the new era of real estate. Recent additions include: — Two new legacy tenants – Restoration Hardware and Shake Shack – opening along France Avenue between 66th Street and 69th Street. — Repositioning and expanding the Dining Pavilion. — A new 146-room hotel on the northeast corner of the property, along with office space and premier fitness and health options. — Newly developed One Southdale Place boasts 232 luxury apartments on the southeast corner of the property. BY THE NUMBERS Anchored by Four Department Stores Macy’s, Herberger’s, JCPenney, Gordmans Square Footage Southdale Center spans 1,297,000 square feet. Four Levels Boasting more than 120 stores. Restaurants Eight quick-service eateries. Eight full-service restaurants. Entertainment AMC 16 Theatres and Dave & Buster’s. IN GOOD COMPANY Distinctive. Chic. Diverse. Many fine brands have chosen Southdale Center as their preferred location in the Edina area of Minneapolis, Minnesota. — Banana Republic — California Closets — Delve Blu — H&M — Madewell — Picadilly Prairie — Sephora INDULGENT DINING AND ENTERTAINMENT Southdale Center boasts an amazing array of restaurants, amenities, and entertainment options and continues to be the premier destination for dining and entertainment. — Southdale features a combination of sophisticated local and national restaurants. Recently, local restaurateurs opened Z Italiano, a new full-service Italian restaurant. — Additional full-service restaurants include: Buffalo Wild Wings, The Cheesecake Factory, P.F. Chang’s, DeLeo Bros. Pizza, Macy’s Lakeshore Grill, Rojo Mexican Grill, and Ruby Tuesday. — In the Dining Pavilion, shoppers enjoy quick bites from Qdoba Mexican Grill, Smashburger, Great Steak & Potato, and Subway. — Dave & Buster’s is the newest dining and entertainment venue complementing the AMC 16 Theatres. A THRIVING COMMUNITY Southdale Center serves an established, affluent, and densely populated area of Minneapolis that includes Edina, Bloomington, St. Louis Park, Lake Harriet, and Lake Calhoun. — The affluent community surrounding the center has seen significant growth in new residential and commercial developments. Within a three-block radius of the center, more than five new residential developments have come online. — The surrounding area has a high daytime population of almost 1,000,000 including business and medical professionals. — Minneapolis has an active sports community and is home to five professional teams: Minnesota Vikings (NFL), Minnesota Wild (NHL), Minnesota Twins (MLB), Minnesota Timberwolves (NBA), and Minnesota Lynx (WNBA). The NFL team has a new stadium. A PRESTIGIOUS ADDRESS Edina is the most exclusive city in the Minneapolis- St. Paul MSA. The highly sought-after, upscale suburb includes the affluent community immediately surrounding the center and continues to expand with dense residential and daytime population. Southdale Center is easily accessible and is just minutes from downtown Minneapolis and a short drive from St. Paul. THE BUSINESS OF BUSINESS Southdale Center benefits from the prosperous business and medical community in Edina and surrounding areas. — Southdale Hospital is adjacent to Southdale Center and employs a full- and part-time faculty of more than 2,300 professionals. Within the center’s trade area, the daytime workforce population is more than 977,000, including more than 12,000 medical professionals. — Adjacent to the center is the new Westin Hotel which has 225 guest rooms and high-rise condominiums. — Newly developed One Southdale Place boasts 232 luxury apartments on the southeast corner of the property. — The newly created Explore Edina Visitors Bureau targets the Twin Cities’ strong tourist market to attract more retail business to Edina’s exceptional shopping districts. — Minnesota’s unemployment rate is one of the lowest in the country (3.7%) and the state continues to have a thriving economy. POSITIONED TO SUCCEED Southdale Center is conveniently located in Edina, Minnesota, with easy access from the nearby affluent 2016 901,715 communities and the larger Twin Cities. 2021 921,521 — The center is located along the well-known France Avenue shopping district between I-494 and the Crosstown Highway. 2016 383,041 — Average Household Income within a 3-mile radius 2021 392,362 of the center is $110,000. — Edina was ranked #15 of Best Places To Live by Time Magazine in 2015 2016 $88,647 2021 $94,058 2016 759,868 2016 $281,822 Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016). Mounds View North Oaks Dellwood Rockford 10 Fridley Grant 694 Arden Hills Medina White Bear Lake Brooklyn Center New Brighton Gem Lake Birchwood Village Loretto Hilltop Willernie New Hope Crystal 6 Pine Springs St Anthony Robbinsdale Little Canada Independence Plymouth 8 Roseville North St Paul Maple Plain TRADE AREA BOUNDARY 94 Medicine Lake Lauderdale Golden Valley Oakdale Falcon Heights Long Lake 694 394 Minneapolis Wayzata 7 9 Maplewood Orono Shorewood St Louis Park Landfall St Paul Spring Park Minnetonka Beach Minnetrista Mound Minnetonka Deephaven Hopkins 35W Tonka Bay Greenwood 494 Lilydale Woodbury Excelsior West St Paul Edina Mendota 1 35E South St Paul 4 Richeld Sunsh Lake Newport Victoria Chanhassen 494 3 5 Eden Prairie St Paul Park Inver Grove Heights Bloomington 11 Eagan Chaska Cottage Grove Burnsville N Shakopee 0 5 Savage Carver Apple Valley MILES Rosemount 2 Prior Lake Coates 1 Southdale Center 5 Mall of America 9 The Shops at West End TRADE AREA & COMPETITION 2 Burnsville Center 6 Maplewood Mall 10 The Shoppes at Arbor Lakes Simon Centers 3 Eden Prairie Center 7 Ridgedale Center 11 Twin Cities Premium Outlets Competition 4 Galleria 8 Rosedale Center SR 62 / CROSSTOWN HWY. W. 66TH ST. JCPENNEY MACY'S YORK AVE. S. HERBERGER’S FRANCE AVE. S. ROJO MEXICAN GRILL JUUT AMC THEATRES P.F. CHANG’S ONE SOUTHDALE PLACE SOUTHDALE CENTER THE CHEESECAKE 232 LUXURY APARTMENTS FACTORY W. 69TH ST. THE WESTIN N 225 GUEST ROOMS & CONDOS AERIAL OVERVIEW KEY DEPARTMENT STORES FRANCE AVE. S. RESTAURANTS RETAIL THEATER RESIDENTIAL DAVE & BUSTERS LEVEL III MACY’S AMC THEATRES W. 69TH ST. 69TH W. THE CHEESECAKE FACTORY W. 66TH ST. 66TH W. P.F. CHANG’S JUUT ROJO MEXICAN GRILL HERBERGER’S JCPENNEY ONE SOUTHDALE PLACE 232 LUXURY APARTMENTS YORK AVE. S. N SITE PLAN UNIQUE OPPORTUNITY Southdale Center presents a unique opportunity for your brand. Please contact the following leasing professional for more information. Allison Campbell (817) 685-3018 [email protected] 225 West Washington Street Indianapolis, IN 46204 (317) 636-1600 simon.com Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG)..
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