South Fort Wayne
Transcription
South Fort Wayne
Photo Credit: Shane Pequinot, Eye Pix Photography SOUTH FORT WAYNE INDIANA W W W . I N D I G O C E N T E R S . C O M FORT WAYNE The City of Fort Wayne is located within Allen County of northeastern Indiana, 18 miles west of the Ohio border and 50 miles south of the Michigan border. Fort Wayne metro area has a population of 423,900 people with high levels of disposable income. US-27 runs through the South Fort Wayne study area and acts as a major connector for commuters who are accessing Downtown Fort Wayne from Interstate 469. US-24 borders the primary trade area to the north and acts as a link to western Ohio. RETAIL CATEGORIES NEEDED Full-Service + Limited-Service Restaurants Department Store + General Merchandise Fort Wayne wants to bring restaurants, retailers and developers of shopping centers to South Fort Wayne. There is demand for nearly 250, 000 sf of new retail space that could generate $60 million in retail sales. By 2025 these numbers will increase to nearly 270, 000 sf and $70 million respectively; this could represent 100+ new or expanding retailers and restaurants. R E T H I N K R E T A I L Grocery + Specialty Foods Apparel + Shoes Sporting Goods Hobby Stores Electronics + Appliances Furniture Hardware & Garden Jewelry Pharmacy 2 SOUTH FORT WAYNE SUBJECT TRADE AREA QUIMBY VILLAGE | 26,800 SF Supportable Located on Bluffton Road, a major corridor leading from Fort Wayne International Airport into the city. Tenants include Clyde Theatre, Napa Auto and Truck Parts, Village Bowling and Salvation Army. POPULATION 118,700 US 27 SOUTHGATE PLAZA | 51,100 SF Available Kroger-Anchored shopping center located near University Heights, Rosedale Hills and Edgewood and easily accesible from US-27. Most frequently-visited shopping center in South Fort Wayne for household necessiti es. Tenants include Rainbow, Dollar Tree, Walgreens, Pizza Hut MEDIAN AGE 34.2 QUIMBY VILLAGE SOUTHGATE PLAZA SOUTHTOWN CENTER | 128,900 SF Available Southtown C enter is the new redevelopment of the demolished Southtown Mall, is well located near some of the trade area’s most stable neighborhoods and is visible fro m US-27, a major highway. 5 Mile Population of 101,395. Key retailers include Walmart and Menards. R E T H I N K R E T A I L SOUTHTOWN CENTER 3 SHOPPING CENTERS IN FORT WAYNE THE LARGEST AND MOST POPULAR Glenbrook Square is a 1,210,000 sf regional center located 3.5 miles north of downtown Fort Wayne. The center is owned and operated by General Growth Properties. Barnes & Noble, Carson’s, JCPenney, Macy’s and Sears anchor this center. The center was most recently updated in 2006 with the addition of a doubledecker carousel in the food court. In 2013, Glenbrook Square made the National Real Estate Investor list of 10 malls with the highest loan exposure to Sears and JC Penney. (pictured) Jefferson Pointe is a lifestyle center located 3.4 miles west of downtown Fort Wayne. The center boasts 650,000 sf of retail space. United Commercial Reality currently manages the center. Jefferson Pointe is anchored by Barnes & Noble, Bed Bath & Beyond, Marshalls, Michaels, Von Maur, and Carmike Cinemas IMAX. Phase I of this lifestyle center opened to the public in 2001. Jefferson Pointe is the most direct competition to existing and future retailers in South Fort Wayne. R E T H I N K R E T A I L 4 CONTACT JEFFREY W. HIGGINS CRX, CLS Founder + President jwh@indigocenters.com 248.258.6401 ADDRESS 30555 Southfield Road, Suite 400 Southfield, MI 48076 W W W . I N D I G O C E N T E R S . C O M R E T H I N K R E T A I L