SUNRISE (FT. LAUDERDALE), FLORIDA
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SUNRISE (FT. LAUDERDALE), FLORIDA
SUNRISE (FT. LAUDERDALE), FLORIDA THE VISION Four distinctly different shopping neighborhoods. One ultimate destination. Renowned across the state and around the world, South Florida’s number one shopping destination, the Sawgrass Retail Complex is embarking on a multimillion-dollar expansion. Upon completion, this iconic destination will offer something for everyone: The Colonnade, famous for its collection of the world’s most exclusive luxury brands; Sawgrass Mills , noted for its extensive array of full-price and value-outlet name brands; The Oasis, an outdoor dining and entertainment mecca; and the new Town Center at Sawgrass, a full-price, lifestyle-shopping destination. With these four districts, the center will truly become the ultimate shopping destination. ® Town Center at Sawgrass will add approximately 150,000 square feet of exceptional space and a full complement of sit-down restaurants along with two hotels featuring over 300 rooms. Slated to open in the Fall of 2017, the new Town Center will benefit from a loyal, proven shopper base with immediate access to the tens of millions of shoppers who already visit South Florida’s number one shopping destination each year. THE CENTER OF STYLE Since opening in 1980, Miami International Mall has remained one of the benchmark of shopping for Miami consumers. Thee center remains a collection of the worlds best retail brands, attracting more than 8 million visitors annually. REPRESENTATION OF PROPOSED FUTURE DEVELOPMENT TEXAS DE BRAZIL (COMING SOON) THE OASIS GAMEROOM / JOHNNY ROCKETS YARD HOUSE (COMING SOON) REGAL CINEMAS & IMAX MOJITOBAR (COMING SOON) MARSHALLS OLD NAVY CENTURY 21 CALIFORNIA PIZZA KITCHEN THE CHEESECAKE BLOOMINGDALE'S FACTORY THE OUTLET STORE SPORTS AUTHORITY ZINBURGER WINE & BURGER BAR PARKING DECK NORDSTROM RACK NIKEFACTORYSTORE NEIMAN MARCUS LAST CALL GRAND LUX NEW CAFE PARKING DECK 4-LEVELS PAUL BAKERY CAFE SAKS FIFTH AVENUE OFF 5TH OFF BROADWAY SHOE WAREHOUSE AMERICAN SIGNATURE HOME BURLINGTON SUPER TARGET GAP OUTLET T.J. MAXX P.F. CHANG’S VILLAGIO RESTAURANT FOREVER 21 THE COLONNADE BED BATH & BEYOND BRANDSMART USA (PROPOSED REMODEL) FUTURE PARKING DECK KEY FUTURE TOWN CENTER DEVELOPMENT: RETAIL, RESTAURANTS & HOTELS COLONNADE RETAIL EXPANSION (OPEN) FUTURE MILLS EXPANSION EXISTING ANCHOR STORES/THEATER MATCHBOX (FALL 2016) TOWN CENTER N RESTAURANTS RETAIL MALL EXPANSION DEVELOPMENT PLAN MASTER PLAN BUILDING UPON PHENOMENAL SUCCESS With more than 370 stores plus dining and entertainment options, the Sawgrass Retail Complex is one of the best centers in the country and a luxury brand mecca. The center is the largest single-story mall in the U.S. with over 2.3 million square feet of GLA featuring 24 anchors including notable brands Bloomingdale’s – The Outlet Store, Neiman Marcus Last Call, Nordstrom Rack and Saks Fifth Avenue OFF 5TH. Century 21 Department Store will join the mix in November 2016. The center recently opened a 130,000-square-foot expansion featuring Scotch & Soda, Original Penguin, Volcom, Finish Line and Columbia just to name a few. The complex is the highest NOI producer in the Simon portfolio. Non-outlet retail represents 56% of all GLA and 43% of the total sales at the property. A substantial number of the full-price retailers perform at over double the Simon company average for productivity and total sales. IN GOOD COMPANY Distinctive. Classic. Chic. Over 100 retailers exclusive to South Florida. Non-outlet retail represents 56% of GLA. TOP LUXURY BRANDS. TOP PERFORMANCE. The Colonnade Outlets at Sawgrass Mills features an exclusive upscale collection of over 70 style-defining outlet stores and elegant dining in an open-air promenade. Recent additions include Diane von Furstenberg, Gucci, Jimmy Choo and Versace. A new 80,000-square-foot expansion featuring 30 new stores is now open. A 1,700-car parking deck is set to open in the summer of 2017. In addition to attracting the world’s finest luxury brands, The Colonnade performs exceptionally well. The Colonnade attracts high-income, style-savvy shoppers from around the globe who delight in discovering the unexpected. On average, The Colonnade shopper earns $12,000 more and spends three times as much as the regular mall shopper. The addition of the new full-price, lifestyle-shopping section conveniently located next to The Colonnade will create a synergistic shopping experience for this discriminating customer to conveniently shop their favorite luxury brands and take advantage of the new lifestyle destination as well. A DINING & ENTERTAINMENT HAVEN The Oasis, the outdoor dining and entertainment component of the Sawgrass Retail Complex, offers destination restaurants The Cheesecake Factory and California Pizza Kitchen, along with a 90,000-squarefoot Regal Cinemas & IMAX. This section of the complex is also being revitalized with new restaurants: Texas de Brazil, Yard House, and mojitobar & plates by Douglas Rodriguez. A complete, dynamic renovation of the common areas and storefronts is scheduled for completion by Holiday 2016. The Sawgrass Complex boasts the second highest performing P.F. Chang’s and the fifth highest performing The Cheesecake Factory in the Simon portfolio. Other notable high-performing restaurants include Grand Lux Cafe, Rainforest Cafe, Villagio and Zinburger Wine & Burger Bar. COMPLETING THE RETAIL EXPERIENCE Adding to the already extraordinary retail mix, Town Center at Sawgrass will become the third open-air component and is set to raise the bar in full-price retail. The development will provide a world-class selection of retailers and restaurants and will be centered on an inviting plaza ideal for community gatherings and events befitting the expansive trade area of over two million people. Town Center at Sawgrass will be easily accessible from both Flamingo and Sunrise Boulevards. Four new sit-down restaurants and a new parking deck with a 2,000-vehicle capacity will flank the development. Both the pedestrian and vehicular circulation patterns at Town Center at Sawgrass will be fully integrated into the greater Sawgrass Mills complex. RENDERING OF TOWN CENTER AT SAWGRASS VIEW 1 RENDERING OF TOWN CENTER AT SAWGRASS VIEW 2 RENDERING OF TOWN CENTER AT SAWGRASS VIEW 3 RENDERING OF TOWN CENTER AT SAWGRASS VIEW 4 RENDERING OF TOWN CENTER AT SAWGRASS VIEW 5 WHERE THE WORLD SHOPS The second largest tourist attraction in the state of Florida, the Sawgrass Retail Complex welcomes 40 million visitors from over 100 countries annually. International tourists comprise 47% of all shoppers who stay just under four hours and who spend, on average, $661 per visit. Brazil, Columbia, Argentina, Germany, Mexico, and Canada are the primary international visitor countries. Over 100,000 people visit Sawgrass every day for the ultimate shopping experience with access to hundreds of name brands in one convenient location. MARKET OVERVIEW ——One of the Top 10 Malls in the United States in terms of sales volume with a prime location within the Miami/Fort Lauderdale market. ——One of the most visited tourist destinations in the United States, particularly with South American tourists, with recognition worldwide. ——Only 15 miles from the Fort Lauderdale/Hollywood International Airport and 30 miles from the Miami International Airport. ——Less than 50 miles from the affluent areas of Boca Raton, Miami Beach, Coral Gables, and West Palm Beach. ——Adjacent to the BB&T Center, home to the NHL Florida Panthers and 41 games a year, it is the 16th largest venue in terms of total ticket sales in the United States, with more than 200 concerts and events this year such as the Orange Bowl Basketball Classic, Cirque du Soleil and Disney on Ice. MILE RADIUS 5 7.5 10 Population 221,350 504,273 891,092 Daytime Population 205,098 440,621 778,302 Households 86,656 193,570 331,906 Average Household Income $81,381 $78,276 $73,698 Deerfield Beach Godfrey Road 10 Ramblewood East Bonnie Lock-Woodsetter North Coconut Creek Coral Springs Collier Manor-Cresthaven 9 Margate Pompano Beach North Lauderdale Tamarac Terra Mar Broadview-Pompano Park Sea Ranch Lakes Lauderdale-by-the-Sea 4 Oakland Park Lauderdale Lakes 95 4 Rock Island Lazy Lake Sunrise 1 West Ken-Lark 12 Plantation Boulevard Gardens Melrose Park 595 Weston 6 Fort Lauderdale Pine Island Ridge Broadview Park Davie Edgewater Chambers Estates Dania Beach Ivanhoe Estates TRADE AREA BOUNDARY Florida's Tpke. Cooper City Country Estates 75Pembroke Pines Hollywood 8 Carver Ranches Hallandale Lake Forest Miramar Lake Lucerne Country Club Andover Carol City 11 Golden Beach Ives Estates Aventura 2 Norland Sunny Isles Beach North Miami Beach Bunche Park Miami Lakes Golden Glades Opa-locka Westview Hialeah Gardens Medley Biscayne Park 3 Bal Harbour 3 Indian Creek Pinewood 95 Miami Shores 13 El Portal Hialeah North Bay Village N 0 Gladeview Miami Springs 5 Brownsville Miami 7 Fountainbleau Fisher Island Tamiami University Park TRADE AREA & COMPETITION Simon Centers Competition MILES Miami Beach Virginia Gardens Doral Coral Terrace 1 Town Center at Sawgrass 6 The Galleria at Ft. Lauderdale 11 The Village at Gulfstream Park 2 Aventura Mall 7 Miami International Mall 12 Westfield Broward 3 Bal Harbour Shops 8 Pembroke Lakes Mall 13 Westland Mall 4 Coral Square 9 Pompano Citi Centre 5 Dolphin Mall 10 The Promenade at Coconut Creek 5 UNIQUE OPPORTUNITY Town Center at Sawgrass presents a unique opportunity for your brand. Please contact the following leasing professionals for more information. Sharon Polonia (317) 263-2201 spolonia@simon.com Jacob Sappenfield (317) 263-7741 jacob.sappenfield@simon.com