THE MALL AT MILLENIA
Transcription
THE MALL AT MILLENIA
T H E M A L L AT o r l a n d o , M I L L E N I A f l o r i d a THE FORBES COMPANY The Forbes Company is a nationally recognized owner, developer and manager of iconic regional shopping centers, that are known throughout their respective fashion markets leadership, for their distinctive retail innovation, architecture and luxury appointments. The Forbes Company creates exceptional THE MALL AT MILLENIA Orlando, Florida retail destinations SOMERSET COLLECTION Troy, Michigan with no equal. WATERSIDE SHOPS Naples, Florida THE GARDENS MALL Palm Beach Gardens, Florida THE MALL Well-heeled global central travelers flock AT Florida to The MILLENIA residents Mall at and Millenia chic to satisfy their desire for luxury apparel, finely crafted accessories and superb cuisine. Anchored by major retailers including Neiman Marcus, Bloomingdale’s and Macy’s, the magnificent collection is rounded out by sought-after luxury boutiques including Chanel, Gucci, Prada, Louis Vuitton, Tiffany & Co., Burberry, Jimmy Choo, Breitling, David Yurman, Salvatore Ferragamo, Cartier, Hugo Boss, Apple, Rolex, Bulgari, Saint Laurent and more. NOT SEEN ANYWHERE ELSE IN THE ORLANDO MARKET... MORE THAN ARE 150 U N D U P L I C AT E D NEIMAN MARCUS ANTHROPOLOGIE CHANEL • • HUBLOT • • KIEHL’S • POTTERY • BLOOMINGDALE’S LILLY PULITZER • OMEGA BARN KIDS • • • • JIMMY CHOO • ROBIN’S M.A.C • VERSACE • • • JEAN • SEPHORA TIFFANY & CARTIER HENRI BENDEL KATE SPADE NEW YORK • LOUIS VUITTON MACY’S • • GUCCI • BY DONALD J PLINER P.F. CHANG’S CHINA BISTRO FACTORY • • BRIO TUSCAN GRILLE • T H AT ANCHORED DAVID YURMAN SAM EDELMAN • CHEESECAKE URBAN OUTFITTERS • MANY M A R K E T, EMPORIO ARMANI ILORI OPTICAL SAINT LAURENT • THE THE CRATE & BARREL • INCLUDING IN BREITLING EARLS KITCHEN & BAR NYX STORES, VINEYARD VINES MONTBLANC POTTERY BARN ROLEX THE CO. • • • BOUTIQUE CAPITAL UNDER GRILLE ARMOUR WILLIAMS-SONOMA EXCEPTIONAL Discerning palates readily CUISINE find standout flavors to enjoy at The Mall at Millenia. From the casual fare offered at California Pizza Kitchen, the Asianinspired brilliance of P.F. Chang’s China Bistro, Brio Tuscan Grille’s European charm, the global menu of Earls Kitchen + Bar, plus Johnny Rockets, Orangerie Cafés and the award-winning flavors of The Capital Grille, opportunities for culinary adventures abound. ARCHITECTURAL DRAMA Tree groves. Starlit skies. Bubbling streams. Fossilized floors. Every detail of the center’s unique “s”-shaped layout is carefully Technology also planned plays an to delight important and inspire. role in the beauty of the center, with a 360-degree multimedia theatre, consisting of high resolution LED screens elevated 30 feet in the air, transforming the grand court into a revolutionary attraction of sight and sound. The architectural theme based on the universe of man, earth and time is certainly awe-inspiring. P R E M I E R L O C A T I O N Orlando is the third largest MSA in Florida and one of the largest tourism destinations in the United States. The Mall at Millenia’s primary trade area consists of more than 1.5 million people with a retail expenditure potential in excess of $5 billion. It extends to a 10 to 20 mile radius and is growing at a rate of 8.9%. The center is located at I-4 and Conroy Road — minutes from major tourist attractions and Orlando International Airport. INTER STATE P R E M I E R 4 L O C A T I O N Somerset Collection, known as “Downtown Michigan,” in the dynamic heart of Oakland County, serves many roles. It gives retail luster to the state’s Golden Corridor amidst 12 million square feet of bustling office space. It acts as a Northern luxury beacon, drawing Great Lake visitors from Ohio, Indiana and Ontario, Canada. And, closer to shore, it is the preferred shopping destination for the affluent communities of Bloomfield Hills, Birmingham, Franklin, Oakland Township and Rochester with some of the highest household incomes in the U.S. ROY CON D ROA A WEALTH OF OPPORTUNITY REMARKABLE GUESTS POPULATION OF FLORIDA POPULATION OF The Mall Millenia In addition, more at than 45% half SHOPPER PROFILE 20.271 ORLANDO is of of 2.3 MILLION MILLION the preferred the center’s the | 3RD | shopping households LARGEST 62 destination shoppers have include an children STATE IN MILLION ANNUAL for of 53% THE U.S. VISITORS the trade area. above average HHI and under the of 18. age Overall Shopper Trade Area Shoppers Tourist Shoppers Trade Area Resident (DMA) U.S. Benchmark for all Shoppers Male 24.9% 23.4% 28.9% 49.1% 34.2% Female 75.1% 76.6% 71.1% 50.9% 65.8% Average Age 39.7 38.3 40.2 41.5 38.8 Average HH Income $113,902 $102,183 $141,332 $67,087 $85,027 HH with Children 51.7% 45.5% 71.1% 30.7% 43% Average Expenditure $392.98 $263.77 $690.28 $100.74 Length of Visit 91.1 75.9 119.6 80.3 # Stores Visited 2.8 2.5 3.7 1.8 % of Center Shoppers 69.1% 30.9% % of Center Sales 46.3% 53.7% MARKET FACTS Orlando is the third largest MSA in Florida and one of the largest tourism destinations in the U.S. CHANGES TO ORLANDO TODAY INCLUDE: The Mall at Millenia’s primary trade area consists of more than 1.5 million people with a retail expenditure potential in excess of $5 billion. It extends to a 10 to 20 mile radius and is growing at a rate of 8.9%. 31% of shoppers are market visitors contributing 53% of the center’s sales. Average visit is 91 minutes, expenditure per visit is $392.98 and drive time is 35 minutes, far exceeding the industry benchmarks. Dr. Phillips Performing Arts Center, a $550 million project of 330,000 square feet with Phase 2 to include a 1,700 seat performance hall. The Citrus Bowl Stadium Renovation, a $207 million reconstruction project which holds 65,000+ and is positioned to host NFL and NCAA football games. Orlando City Soccer Stadium, home of MLS’s Orlando City Lions, a $115 million, 28,000 seat project. Medical City consisting of 650 acres; Lake Nona Life Sciences cluster to create 30,000 jobs and a $7.6 billion impact within the next decade. The cluster includes: Sanford-Burnham Medical Research Institute, University of Central Florida College of Medicine, Nemours Children’s Hospital, University of Florida Research and Academic Center, Veterans Affairs Medical Center, Future home to VHA National Simulation Center – SimLEARN and U.S. Tennis Association Headquarters and Training Facility The Metro Orlando area boasts a $13.4 billion technology industry that employs more than 53,000 people, helping to make Orlando one of the fastest growing job economies in the country. Orlando’s developing life science cluster, “the medical city,” has an economic impact potential of $7.6 billion. The Orange County convention center is the second largest facility in the country hosting more than 1.4 million attendees each year. Orlando is a world-renowned tourist destination with 62 million visitors who contribute $33 billion to the local economy each year. Transportation: • SunRail: 32 mile commuter rail system, 12 stations • A ll Aboard Florida (2017): Intercity passenger rail system connecting Miami to Orlando • Orlando International Airport: Intermodal transportation system (2017) $1.8 billion terminal expansion 2015 Average Household Income 19 § ¨ ¦ 95 Legend ^ _ § ¨ ¦ 4 4 § ¨ ¦ 75 The Mall at Millenia 45 Minute Drive Time 11 The Mall at Millenia 60 Minute Drive Time 12 8 9 20 2015 Average Household Income 10 14 Lak e Apopk a 17 7 2 1 3 6 ^ _ 18 13 § ¨ ¦ 95 15 § ¨ ¦ The Mall at Millenia 16 75 Below $30,000 $30,000 - $39,999 $40,000 - $49,999 $50,000 - $59,999 $60,000 - $69,999 $70,000 - $79,999 $80,000 - $89,999 $90,000 - $100,000 Above 5 $100,000 Selected Communities by Average Household Income § ¨ ¦ 4 1 - $173,517 - Lake Butler 2 - $171,601 - Windermere 3 - $169,196 - Bay Hill 4 - $148,924 - Heathrow 5 - $126,065 - Celebration 6 - $120,984 - Doctor Phillips 7 - $113,910 - Gotha 8 - $109,646 - Wekiwa Springs 9 - $108,478 - Tildenville 10 - $108,259 - Chuluota 11 - $102,320 - Lake Mary 12 - $100,451 - Black Hammock 13 - $98,970 - Belle Isle 14 - $97,950 - Maitland 15 - $96,176 - Lake Hart 16 - $95,882 - Lake Mary Jane 17 - $94,999 - Winter Park 18 - $92,379 - Edgewood 19 - $91,317 - Samsula-Spruce Creek 20 - $90,082 - Oviedo . 0 5 10 Miles 20 2015 Average Household Net Worth 3 § ¨ ¦ 95 § ¨ ¦ 4 § ¨ ¦ 5 75 14 11 15 2 10 12 Legend 7 ^ _ 9 Lak e Apopk a The Mall at Millenia 45 Minute Drive Time The Mall at Millenia 60 Minute Drive Time 6 ^ _ 4 § ¨ ¦ 75 The Mall at Millenia 8 1 16 13 2015 Average Household Net Worth § ¨ ¦ Below 95 $200,000 $200,000 - $399,999 $400,000 - $599,999 $600,000 - $799,999 $800,000 - $999,999 Above § ¨ ¦ 4 $1,000,000 Selected Communities by Average Household Net Worth 1 - $2,142,463 - Bay Hill 2 - $2,056,760 - Yalaha 3 - $1,729,506 - Samsula-Spruce Creek 4 - $1,602,050 - Windermere 5 - $1,453,859 - Heathrow 6 - $1,350,424 - Rio Pinar 7 - $1,178,004 - Wekiwa Springs 8 - $1,125,448 - Lake Butler 9 - $1,058,430 - Howey-in-the-Hills 10 - $1,055,226 - Geneva 11 - $1,049,291 - Wildwood 12 - $987,596 - Lake Mary 13 - $956,469 - Belle Isle 14 - $942,328 - Tangerine 15 - $913,122 - Zellwood 16 - $905,219 - Edgewood . 0 5 10 Miles 20 SUCCESSFUL MARKETING PROGRAMS DESIGNED FOR YOU... STRATEGIC PROGRAMMING AND PARTNERSHIPS, COUPLED WITH CUSTOMIZED CENTER INITIATIVES, PROVIDE THE MALL AT MILLENIA RETAILERS WITH THE OUTSTANDING MARKETING SUPPORT THAT THEY DESERVE. PROGRAMS AND PARTNERSHIPS BRANDING EFFORT RESULTS Customer retention is the forefront of the Platinum Club, which engages our most affluent resident shoppers. This elite group of members enjoys exclusive benefits throughout the year as a reward for their loyalty. Partnerships with regional philanthropic organizations, high profile businesses and associations provide a network of resources to connect with the resident community. A long-standing partnership with Visit Orlando, among other tourism related associations, proves beneficial in garnering high visitation from the tourist market. • Increase drive time to property: 50% greater than national average • Increase average time spent at property: 42% greater than national average • Increase average expenditure at property: 2.7 x the national average TakE advanTagE ES oF your PriviLEg ProPErTiES S coMPany aT aLL ForBE somerset an Troy, Michig SIGNATURE EVENTS cTion.coM By ProPErTy PriviLEgES vary F r o m t h e t r e n d s e t t i n g t r a d i t i o n o f Fa s h i o n W e e k t o a Santa’s Magical Arrival’s heart-pumping season kickoff, The Mall at Millenia is renowned for crowd pleasing activities that enthrall the community. u u u u u u u u u L NCES. BREITLING u u THAN CASUA u FINEST EXPERIE SUM MORE FROM P RO R BISTRO THE G G LINEN E R RY A ’S CHIN WITH BURB O RANGIN WHITE u S AC E ORLAND TO VERS S, H IN OPTION SETTING B U RC SHOPS TO RY E DINING AIL O u UE Y COCKT AG A M u UNIQU BOUTIQ TWENT CHANEL AND LIVELY D AV I D Y U R M A N CAFÉS TRULY AND Autumn/W OR S OFFERS SUM: . OUTDO BRAND OFFERIN P RO R S, A IS IA CENTER I T A W A ANG P.F. CH Y ATION E R RY STORES Look 21 inter 2015 EATERIE THE DESTIN BURB LUXURY ACTOR CAKE F RR RE FE ENT Dress MILLEN OF EESE THE CH L AU R ve Sweater 150 AT TION GRILLE US ed Long-Slee MALL COLLEC USCAN BRIO T A RC AN M H : Embellish THE E L GRILL NEIM B U RC PITA THE CA I N G D I N A N D N H I O F A S SAINT TO RY COACH Look 48 inter 2015 O RRAGAM ORE FE SALVAT VSKI ROLEX T SWARO E LAUREN VERSAC SAINT YORK STORE PRADA E NEW BOSS GUCCI TE SPAD N OMEGA L’S KA VUITTO RA BURCH M KEIH LOUIS PANDO TORY UER H& HLETICA TAG HE HUBLOT ON AT I AVING ULULEM ARMAN T OF SH BLIC L THE AR A REPU EPHORA BANAN HERS S CRET S BROT IA’S SE VICTOR ULITZER LILLY P IO BROOK Autumn/W L EMPOR SUM: CHANE P RO R U S A E R RY | S A LVATO P R A DA BURB F L O R I D A B U R B E R RY P R O R S U M : Autumn/Winter 2015 Look 23 JIMMY CHOO | u u S e a s o n a l Tr e n d s direct mail pieces feature products and brands to enforce the Center’s fashion leadership and encourage center visits. M Magazine, an annual holiday publication, offers rich editorial and advertising opportunities to extend brand reach and connect with resident shoppers. CHANEL O R L A N D O L O U I S V U I T TO N CHANEL on cover: NEIMAN MARCUS | BLOOMINGDALE’S | MACY’S L O u i S V U I T TO N FA L L T I F FA N Y & C O . the mall at millenia u u u P R A DA Visitor amenities SA I N T L AU RE N T s a lvato r e f e r r ag a m o MILLENIA RETAILER EXPOSURE L U X U RY D E S T I N A T I O N v e rsac e Through a multi-channel approach, retailers gain exposure and consumers are engaged via The Mall at Millenia website and social media channels. An international digital advertising campaign provides targeted worldwide exposure for the Center, offering three avenues to engage potential consumers. An E Newsletter distributed monthly in three languages continues the conversation. u E X P E R I E N C E A S H O P P I N G & D I N I N G tHe mAll At milleniA platinum ONLINE INITIATIVES TOURISM OUTREACH Both leisure and business visitors to Orlando are targeted prior to and upon arrival to the destination. The Mall at Millenia’s outreach to the 62 million visitors to Orlando involves a network of partners and programs offering a variety of touchpoints for the Center and our retailers. collection | ThESoMErSETcoLLE millenia the mall at ia.coM a | MaLLaTMiLLEn orLando, FLorid mall the gardens MaLL.coM a | ThEgardEnS gardEnS, FLorid PaLM BEach s shop waterside oPS.coM a | WaTErSidESh naPLES, FLorid M AYO RS pa t t e rned Wear prints. and exotic the look. evokes spicy palette piece that with a Silk Dress. Morocco choosing a single Pleated ence of Knee Printed down by Over-Thethings BURCH: d the magnific Suede or tone channele Bag. TORY : Patchwork Burch orthy look uster Clutch Y PRORSUM and Tory a runway-w Burberry oe for Long Knuckle-D s. BURBERR For fall, from head-to-t Python Necklace. Sunglasse Medusa McQueen Cat-Eye the look Metal Blooming u r e ly : and : Alexander MARCUS MO: Acetate Bangle. VERSACE NEIMAN RE FERRAGAMuse Ribbon SALVATO : Birks MAYORS Boots. the Forbes company theforbescompany.com