Hoover Crossing
Transcription
Hoover Crossing
Stadium Crossing Jonesboro, Arkansas For leasing information call: Hunt Treadwell 205.972.9640 huntt@abshop.com Opening Fall 2009 Charlotte, Stadium CrossingNorth Carolina Located at the Intersection of Hwy 63 and Stadium Blvd. in Jonesboro, Arkansas, Stadium Crossing is a 500,000SF regional shopping center. The highest concentration of retail exists in the Stadium Blvd. corridor within 1 mile of our site. Most Jonesboro area residents utilize Hwy 63 and its frontage roads in their daily travels. Clear sightlines from Hwy 63, coupled with the convenient access from Stadium Blvd. and East Parker Frontage Rd. make Stadium Crossing a natural retail location. Arkansas State University’s 11,600+ students will be a short 5 minute drive from Stadium Crossing. Hwy 63 is the most important transportation artery in Jonesboro now that it is slated to become future Interstate 555, the connector between Mexico and Canada. Jonesboro’s regional trade area has a highly skilled workforce with a diverse and stable employment base: Educational and Health Services 14% Professional, Financial, Business Services 11% Manufacturing 23% Government 12.5% Trade, Transportation, and Utilities 20% Other 18.5% National Companies: Kraft Foods, Thomas & Betts, Quebecor, Riceland Foods, Nestle, and many more.. Stadium Crossing Jonesboro, Arkansas Location • City of Jonesboro • Craighead County, Arkansas • SE Corner of US HWY 63 and Stadium Blvd • 32% of HHI in a 7 mile radius is over $50,000 per year • Center of the Universe. Stadium Crossing Jonesboro, Arkansas Existing Retail Market The retail market in Jonesboro is primarily clustered along the Stadium Blvd. and Caraway Rd. corridors. In 2006, Turtle Creek Mall a 750,000sf enclosed mall opened on Stadium Blvd. just under 1 mile north of Stadium Crossing. Turtle Creek Mall contains JC Penny, Dillard's, Target, Bed, Bath and Beyond, Barnes and Noble, Books A Million, Steve and Barry’s and Circuit City. Office Depot will also open in 2008 adjacent to the new mall. Turtle Creek has definitely benefited from the regional draw of Jonesboro. Between the months of October and December the mall manager estimates that 78% of the customers are from outside Craighead County. On the Caraway Road corridor, within 1.5 miles of Stadium Crossing: PetCo, Stein Mart, Sam’s, Hobby Lobby and Wal-Mart all have locations. Further North on Caraway Rd. in a dated Kroger anchored center Books A Million, TJ Maxx, and Old Navy have locations. In addition, Kohl’s landed next to Lowe’s between Caraway Rd. and Stadium Blvd last year. In the last few years, Jonesboro retail has been migrating south along the Hwy 63 corridor. Home Depot, MALCO Cinemas, and Wal-Mart have all opened locations South of Hwy 63. Ashley furniture has also purchased a lot next to the MALCO Cinema. Stadium Crossing will be the most convenient shopping destination in Jonesboro. Local and regional shoppers looking for nationally recognized retailers will be drawn to the center. The major cross roads of Future I-555 and Stadium Blvd. create an opportunity for retailers unavailable anywhere else in the Jonesboro Market. Jonesboro, Arkansas Stadium Crossing Site Vicinity Jonesboro, Arkansas Stadium Crossing Competition Map Stadium Crossing Jonesboro, Arkansas Site Plan Stadium Crossing Jonesboro, Arkansas Conceptual Elevation Stadium Crossing Demographics Demographics Trade Area 5 Mile 10 Mile 25 mile 2007 Population Estimate 293,056 57,938 79,305 156,397 2007 Estimate Avg. HHI $44,940 $50,240 $51,071 $47,397 Households 116,916 23,813 31,750 62,543 Labor Force Population Age 16+ 231,362 46,000 62,395 123,144 Stadium Crossing Jonesboro, Arkansas Average Household Income Map Stadium Crossing Jonesboro, Arkansas Drive Time Demographics About AIG Baker Charlotte, North Carolina AIG Baker Shopping Center Properties, LLC is a privately held entrepreneurial-driven company, headquartered in Birmingham, Alabama, that specializes in ground-up development, acquisition, leasing and management of retail centers nationwide. Backed by American International Group (AIG), one of the world’s largest insurance companies, AIG Baker has developed more than 20 million square feet in 17 states since 1993. Subsidiaries of AIG Baker include AIG Baker Real Estate, L.L.C., AIG Baker Management, L.L.C., AIG Baker Development, L.L.C., and Pinnacle Communities L.L.C. Projects which are under development or currently owned by AIG Baker include the following: The Commons Settler’s Market at New Town The CrossRoads Lake Valley Fallschase Sparks Crossing Central Texas Marketplace The Center at Madison The Village at Bay Park Deptford Landing The Greens at Millerville The Village at Lee Branch Patton Creek Vestavia Hills City Center The Wharf High Point Town Center Martinsburg, West Virginia Williamsburg, Virginia Richmond, Virginia Fayetteville, North Carolina Tallahassee, Florida Reno, Nevada Waco, Texas Madison, Mississippi Green Bay, Wisconsin Deptford, New Jersey Baton Rouge, Louisiana Birmingham, Alabama Birmingham, Alabama Birmingham, Alabama Orange Beach, Alabama Prattville, Alabama To learn more about AIG Baker Shopping Centers LLC, please visit our website at www.aigbaker.com