Hamburg Pavilion Hamburg Pavilion Lexington, Kentucky A community cited by a national publication as one of the “smartest” in America spends its time wisely — and that’s why shoppers come to Hamburg Pavilion, a PARIS, KY GEORGETOWN, KY center that combines the convenience of the traditional VERSAILLES, KY power center with the aesthetics, entertainment, and LEXINGTON, KY WINCHESTER, KY dining opportunities of a lifestyle center. Located in Lexington, Ky., Hamburg Pavilion serves 10 MILES a growing, widely varying audience, including executives from the many international corporations in the area, students from some of the premier colleges and universities in the United States, and visitors who flock to the “Horse Capital of the World.” Hamburg Pavilion is part of the excitement, too. Hamburg Pavilion Lexington, Kentucky • Open-air regional center • One of the largest shopping centers in Kentucky • Renovation and expansion planned • Multiple anchors include fashion discounters, apparel, electronics, books, cinema, sporting goods, crafts, and pet goods Property Description major roads I-75 and Man O’ War center description Super-regional power center with a lifestyle center Boulevard anchors Target, Kohl’s, Dick’s Sporting Goods, At Home, total sf 980,000 and Regal Cinemas # of stores 75 key tenants Best Buy, Marshall’s, White House Black Market, DSW, Michael’s, PetsMart, Party City, Victoria’s Secret, Loft, # of parking 5,900 Old Navy, Babies R Us and Barnes & Noble THE CENTER THE MARKET STARWOOD Hamburg Pavilion “… A youthful ambiance and an array of cultural and entertainment options, including one of the nation’s most vibrant culinary scenes.” — Livability.com THE CENTER THE MARKET STARWOOD Hamburg Pavilion • Located just off Interstate75 • Prime destination for daytime and evening dining • Combines the convenience of power retail with a lifestyle center aesthetic for one-stop shopping Easy to Find Easily accessed by 70,000 cars on Located within one mile of high income Interstate 75 and nearly 38,000 cars households ($109,100 average) and large on Man O’ War Blvd. share of white collar workers (80%) Wide-ranging anchor and retail Nearby 23,000-seat Rupp Arena hosts categories encourage long dwell times concerts and events throughout the year, and University of Kentucky Wildcats An integral component of the Hamburg Place community with additional retail, offices and residential THE CENTER THE MARKET STARWOOD Hamburg Pavilion “Acres and acres of shopping at the Man O’ War Exit 108 and I-75.” — VisitLex.com • “Horse capital of the world” • Strong tourism draw • Financial, educational, healthcare and cultural core of the region • Home to international corporations Growing Market, Terrific Tourism Trade area population of 600,000 Region receives $5 billion a year from the expected to rise 4.3% by 2022, state’s horse industry, including a $590 above US average million impact from Keeneland races and thoroughbred sales, a global draw More than 80,000 trade area households have incomes above $75,000, and Bluegrass region hosts more than 2.5 52,000 households earn $100,000+ million annual tourists and 70+ hotels 51,700 daytime employees work within Kentucky Bourbon Trail named a “Top 10 3 miles and 122,700 within 5 miles Classic American Experience” by CNN THE CENTER THE MARKET STARWOOD Hamburg Pavilion • Consistently recognized as one of the best places to live Trade Area Average Household Expenditures • Lexington ranked No #7 in US school systems on Par with US $2,266 on food away from by GreatSchools home $1,790 on apparel $835 on personal care • Region is home to 70,000 college students products and services $729 on sports and • Growing, highly educated population recreation $587 on home furnishings THE CENTER THE MARKET STARWOOD Hamburg Pavilion Distance to Competition Fayette Mall Driving – 9 mi, 15 min GEORGETOWN The Outlet Shoppes of the Bluegrass Richmond Centre (Simpsonville) Driving – 9 mi, 16 min Sir Barton Way The Outlet Shoppes 16,800 AADT of the Bluegrass 60 Driving – 37 mi, 52 min 37,200 AADT BLUE GRASS AIRPORT The Summit at Fritz Farm LEXINGTON 60 Driving – 10 mi, 16 min New Circle Road 13,700 AADT Hamburg Pavilion Fayette Mall The Summit at Fritz Farm WINCHESTER Man O’War Blvd 37,700 AADT I-75 70,000 AADT Legend Primary Trade Area RICHMOND Secondary Trade Area Richmond Centre Competition Access Roads (AADT= annual average daily traffic) 3 MILES THE CENTER THE MARKET STARWOOD Hamburg Pavilion I-75 Area Attractions Rupp Arena Commonwealth Stadium Keeneland Race Course Kentucky Horse Park Lexmark International Inc Lexington Ballet Company Lexington Opera House I-64 Alexander T. Hunt Civil War BLUE GRASS Transylvania University Museum AIRPORT Mary Todd Lincoln House 60 LEXINGTON University of Kentucky (Admin.) Predominant Colleges KentuckyOne Health University of Kentucky University of Kentucky National College – Lexington 60 Bluegrass Community Bluegrass Community and Hamburg Pavilion and Technical College Technical College Baptist Health Eastern Kentucky University Osram Sylvania National College – Lexington 4 Lockheed Martin Transylvania University Xerox Combined enrollment: 50,100 I-75 Legend Primary Trade Area Secondary Trade Area Eastern Kentucky University Colleges (Richmond) Key Employers 25 3 MILES THE CENTER THE MARKET STARWOOD Hamburg Pavilion Demographics PTA1 STA2 TTA3 US Avg Population 2017 estimate 342,308 257,706 600,014 Lexington was named one 2022 projection 358,870 267,179 626,049 of the 10 smartest cities by % growth 2017–2022 4.8% 3.7% 4.3% 3.8% US News & World Report Population White 82% 81% 82% 70% By Race Black 10% 10% 10% 13% Ranked #2 among “Most Asian 2% 4% 3% 6% Educated Workforces” Hispanic Ethnicity 5% 6% 5% 18% — Business Facilities Median Age 37 36 36 38 % age 15-24 14% 18% 16% 14% Ranked #2 in “Best Cities for % age 25 to 44 28% 26% 27% 26% Relocating Families” % age 45 to 64 25% 24% 25% 26% — Worldwide ERC & Primary Relocation Households 2017 estimate 134,475 106,484 240,959 Ranked #5 in “Best Places for 2022 projection 140,938 110,725 251,663 Business and Careers” 2017 households with kids under 18 34% 29% 32% 34% — Forbes Average 2017 estimate $70,668 $72,001 $71,257 $80,853 Household % earning $75,000+ 35% 32% 33% 38% Income One of “Top Ten Best Places 2022 projection $75,735 $75,665 $75,704 $87,464 to Live” Education % college educated 58% 66% 61% 59% — Relocated America 1-MILE 3-MILE 5-MILE 10-MILE Business & business establishments 708 3,449 10,133 17,989 Ranked #5 -“Top College Employment daytime employment 14,883 51,746 122,718 234,477 Sports Town” — Forbes 1 Primary Trade Area 2 Secondary Trade Area 3 Total Trade Area THE CENTER THE MARKET STARWOOD Hamburg Pavilion Predominant Market Lifestyle Segments Young Achievers—16% Accumulated Wealth—13% • Urban and metro • Families & couples age 50+ neighborhoods • Upscale, college-educated • Ethnically diverse and blend baby boomers of family types • Sprawling suburban homes • Establishing or mid-career • Disposable cash and • Enjoy sports and sophisticated tastes entertainment activities • Enjoy top-of-the-line • Some of the most tech savvy electronics, sporting consumers equipment, cars and vacations Striving Singles—13% Cautious Traditionalists—11% • Mix of young families and • Over 55 year-old mix of singles singles and couples • Collegiate and in transition • High rate of home ownership • Modest incomes • Fans of reading, home-based • Active members of local hobbies and travel community organizations • Enjoy eating out at family • Enjoy outdoor sports, movies, restaurants music and fast food • Pursue entertainment outside the home THE CENTER THE MARKET STARWOOD Hamburg Pavilion Starwood Retail Partners: A New Kind Of Owner For A New Generation Of Retail Starwood Retail Partners is not your father’s — or your grandfather’s — landlord. We’re acquiring, redeveloping, managing, leasing and operating the next generation of shopping centers for a new generation of shoppers: active, exciting community cores for an increasingly interconnected consumer. Owned by Starwood Capital Group, we’ve grown our portfolio to 30 centers in 16 states across the United States since our founding in 2012, working with top-tier investment firms to help finance our properties, and employing the talents and skills of the most creative professionals in the business to maximize their value. We build solid relationships and partner with our retailers to ensure that they are in the right property at the right time, with the right deal to support their success now and in the future. We invest in innovative technologies that help our properties become more productive, our stores more exciting and our shoppers more engaged. We understand that ultimately, as an owner, as an employer and as a citizen of our communities, it’s not about property, it’s about people. California Illinois North Carolina Metreon The Arboretum of South Barrington Northlake Mall Northridge Mall Chicago Ridge Mall Parkway Plaza Louis Joliet Mall Ohio Belden Village Mall Plaza West Covina The Promenade Bolingbrook / Director, Leasing / 312.265.2231 / Solano Town Center Franklin Park Mall Mark Salman Indiana Great Northern Mall [email protected] Colorado Southlake Mall SouthPark Mall Belmar Kentucky Texas Bill Cikalo / Director, Big Box Leasing & Development / 312.283.5121 / Connecticut Hamburg Pavilion The Shops at Willow Bend [email protected] Blue Back Square Michigan Virginia Florida Fairlane Town Center MacArthur Center Tim Martin / Director, National Restaurant
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