Transcript The Heights
Dayton Market Overview ICSC 2013 Ohio/West Virginia/Indiana/Western Pennsylvania Idea Exchange - August 2013 Presented By: Paul Howe Broker/Owner, Paul Howe Realty 327 Skyland Drive • Bellbrook, OH 45305 • PH: 937.475.1963 • www.paulhowerealty.com • [email protected] Dayton, OH Greater Dayton Area Market Fast Facts Dayton Population • The city of Dayton has a population of 142,148, with 537,602 residents in Montgomery County (2011 data) • Dayton MSA is 1,000,000 including Greene, Miami, Montgomery and Preble Counties Major Employers – Wright Patterson Air Force Base, Premier Health, Kettering Health Network, Kroger, Montgomery County, LexisNexis, Sinclair Community College, University of Dayton Regional Draws - Dayton Dragons, University of Dayton, Wright State University, Five Rivers MetroParks, Dayton Performing Arts Alliance, Dayton Art Institute, National Museum of the USAF Dayton Area – GROWING! Market Metro Map Market Development • The Greene Towne Center • Cornerstone of Centerville • Water Street Development • Austin Landing • The Heights • Dayton Mall • The Mall at Fairfield Commons • Springfield Town Center The Greene Town Center • Built in 2006 and comprised of 1.1 million SF of gross leasable area and 206 fully leased residential apartment units • Located in Beavercreek at I-75 & Indian Ripple Rd. • Opened 15 new stores in the last two year period • Welcomes over 8.6 million visitors annually • New openings in the last six months include Buckle, Hot Mama, Pies and Pints, Tilly’s and Brighton Collectibles The Greene Town Center The Greene Town Center Cornerstone of Centerville • New 125 acre mixed use development accommodating retail, restaurant, entertainment, hospitality & professional office users • 400+ residential units • Located at I-675 and Wilmington Pike • Located ¼ mile north of Miami Valley South, a new 268,000 SF hospital and medical complex • First anchor tenant store open by October 2014 Cornerstone of Centerville Water Street Development • $36M Luxury Riverfront Mixed-Use Project including 161 residential units and 50,000 SF of commercial/office space in Phase I • 12,000 SF first floor restaurant and retail space on Patterson Boulevard, river views, outdoor seating. Adjacent to Riverscape MetroPark and Fifth Third Field • Adjacent parking (320 structured parking spaces) • Major area employers include Caresource, Premier Health, PNC Bank, Stratacache, Tech Town and multiple law firms Water Street Development Austin Landing • 300,000 SF of office space at 96% occupancy, tenants include Merrill Lynch, Eubel Brady & Suttman, ThyssenKrupp Materials and Wells Fargo • Kohls, Hilton Garden Inn and Kroger will soon be joined by Panera, TJ Maxx/HomeGoods, Jack’s Pets, Great Clips, Five Guys Burgers & Fries and BJ’s Restaurant & Brewhouse, slated to open in early fall • Regal RPX cinema in Ohio, along with the village area of retail and restaurants will begin on Nov. 1 and be completed by Fall 2014 • On the south side of Austin Boulevard, construction is starting soon on a mid-size box center and two substantial medical related projects Austin Landing Austin Landing The Heights • 142 acre mixed use development featuring entertainment, restaurant, retail, hospitality, office & medical uses • Construction beginning on a outdoor, fully covered music center and a GoodSports facility with a full service hotel to be complete by fall 2014 The Heights • 15 minutes north of Dayton at I-70 and SR 201 in Huber Heights The Heights Dayton Mall •1,417,138 SF of gross leasable area including a 97,000 SF open-air center completed in 2006 • Currently 93% leased • Located in the South Dayton market at the intersection of SR 741 & SR 725 just east of I-75 • 30,000 SF of construction for remodels, expansion, and new tenancy for the remainder of 2013 and into 2014 • New tenants include Dick’s Sporting Goods, HH Gregg, Dress Barn, G&G Perfume, The Oil Bar, iLaser Jewelers, Sweet Sensations, T-Shirt Factory, Diamond Plaza, Snob Boutique, and Pinot's Palette Dayton Mall Mall at Fairfield Commons •1,138,303 SF of gross leasable area • Currently 90+% leased • Located in the Dayton-Springfield metropolitan market on N. Fairfield Rd. just south of I-675 • New tenants include Cinnabon, Nori Japan, Crazy 8, ps from aeropostale, Dolce Mio, Toys R Us Express, XD Max, Jubals • Renovations and expansions over the past year include Justice, Deluxe Nail Spa, Build-A Bear Workshop, Buckeye Room EB For Her EB Men’s, Kid’s and Home Mall at Fairfield Commons Springfield Town Center • Springfield Town Center Phase II will be an new retail development anchored by Wal-Mart Supercenter and Home Depot located on North Bechtle Avenue, right off Route 68 • Lowes, Kohl’s, Meijer, Target, Best Buy, Michaels, Bed Bath and Beyond, Marshall’s and Ashley Furniture are located in this retail area • Phase II will build on success of Phase I which includes Buffalo Wild Wings, Glamour Nails, Sport Clips, and Sleep Outfitters Springfield Town Center 2013/2014 New/Expanding New/Expanding Retailers and Restaurateurs For further detail on a specific tenant shown please visit the ICSC website for contact and site expansion information http://www.icsc.org/ New/Expanding Retailers New/Expanding Retailers New/Expanding Retailers New/Expanding Retailers New/Expanding Restaurants New/Expanding Restaurants New/Expanding Restaurants ICSC Website http://www.icsc.org/ Thank you! For a copy of this presentation or to further explore the Dayton Market, please feel free to contact me. Paul Howe – 937.475.1963 [email protected] 327 Skyland Drive • Bellbrook, OH 45305 • PH: 937.475.1963 • www.paulhowerealty.com • [email protected]