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BUSINESS CARD DIE AREA
225 West Washington Street Indianapolis, IN 46204 (317) 636-1600 simon.com
Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).Information as of 5/1/16 RENO, NEVADA
Reno, also known as “The Biggest Little City in the World,” is situated between the Sierra Nevadas and Lake Tahoe.
— With a population growth of 7%, the city is anticipating 42,000 new residents and 16,000 new homes by 2019.
— Reno is a community with a rich variety of special events, historic buildings, performing arts and galleries. Artown, an annual arts and cultural festival featuring music, dance, theatre, and visual arts, is regarded as one of the most comprehensive arts festivals in the country by the National Endowment for the Arts.
— Reno is also home to the Reno Aces, a Triple-A minor-league baseball team affiliated with the Arizona Diamondbacks.
— U.S. News & World Report recognizes the University of Nevada, Reno as a National Tier 1 University. With current enrollment of approximately 17,000 students, UNR continues to attract top-tier students both from the U.S. and abroad.
RENO GROWTHOPPORTUNITIES
THE BUSINESSOF BUSINESS
Though mostly famous for gaming and ski resorts, the Reno market is enjoying strong growth with the upcoming expansion of technology companies in the area.
— Tech giants like Tesla, Apple, and Switch have all recently announced plans to expand operations in Reno, leading to the expectation of an increase in tech-sector workers moving into the area in the next few years.
— Since 2011, almost 100 companies have located in Reno or expanded here creating more than 10,000 new jobs. These companies include Apple, Amazon, Barnes & Noble, Walmart, Urban Outfitters, and others.
— Tesla will hire 6,500 employees by 2020. An estimated 16,000 indirect positions will be created by 2019. Future development is expected to result in 35,000-50,000 new jobs by 2019.
— Tesla is expected to create approximately $97B in economic activity in and around Reno boosting the regional GDP by an estimated 26% over the next 20 years.
STYLISH SHOPPING
Meadowood Mall®, Northern Nevada’s only enclosed regional mall, is focused on providing exceptional shopping experiences and offering a superior merchandise mix.
— The center enjoys a high-traffic location near the Reno-Sparks Convention Center and some of the area’s finest casino resort and spa locations.
— Meadowood Mall completed a multimillion-dollar renovation in 2013. Improvements include cosmetic upgrades to entrances, floors, court areas, restrooms, lighting, and new customer amenities including soft seating and a nursing lounge.
Anchored by Four Major RetailersMacy’s, JCPenney, Sears, Dick’s Sporting Goods (Opening 2016)
Square FootageMeadowood Mall spans 845,000 square feet.
Single LevelBoasting more than 100 specialty stores.
BY THENUMBERS
IN GOODCOMPANY
Distinctive. Classic. Chic.
Many popular brands have chosen Meadowood Mall as their preferred location in the Reno market.
— American Eagle Outfitters — Build-A-Bear Workshop — Eddie Bauer — Express — Finish Line — Francesca’s — Hot Topic — PINK — Spencer’s — The Body Shop — Victoria’s Secret — The Walking Company — The White Barn Candle Co. (Opening Fall 2016) — Zumiez
POSITIONEDTO SUCCEED
Source: SPG Research; trade area demographic information per STI: PopStats (2015).
Meadowood Mall is just off I-580 and Meadowood Mall Way in Reno, Nevada.
— Less than one hour from beautiful Lake Tahoe.
— The new Meadowood Mall Freeway interchanges NB and SB on I-580 enhance the mall’s accessibility.
20152020
502,596539,357
20152020
196,368
210,746
2020 $78,5612015
2015
$73,601
275,915
2015 $333,868
DESTINATIONSHOPPING
Home to 25 casinos, Reno receives more than four million visitors a year, both domestic and international.
— The mall is just a 30-minute drive from the north shore of Lake Tahoe and a 75-minute drive to South Lake Tahoe.
— This majestic community is a recreational mecca and attracts skiers, snowboarders, golfers, and boating enthusiasts from all over the world.
Cold Springs
Dayton
Fernley
Incline Village-Crystal Bay
Lemmon Valley-Golden Valley
Nixon
Reno
Silver Springs
Spanish Springs
Sparks
Sun Valley
Sutcli�e
Verdi-Mogul
Wadsworth
Beckwourth
Chilcoot-Vinton
orse
Kings Beach
Loyalton
Truckee
Carson City
3
1
2
80
80
TRADE AREA BOUNDARY
580
N0 5
TRADE AREA & COMPETITION
Simon CenterCompetition
MILES
1 Meadowood Mall 2 The Outlets at Sparks 3 The Summit
AERIAL OVERVIEW
MEADOWOOD MALLSEARS
JCPENNEYMACY’SSOUTH
S. VIRGINIA ST.
MACY’S NORTH
S. M
CCAR
RAN
BLVD
.
DELUC
CH
I LN.
I-580 / US 395
AIRWAY DR.
NEIL RD.
SIER
RA R
OSE
DR.
SMITHRIDGE DR.
MEADOWOODMALL WAY
THECHEESECAKE
FACTORY
RENO/TAHOE INTERNATIONAL AIRPORT
NEIL RD.
EAST AERIAL VIEW
N
MEADOWOOD MALL CIR.
DICK’S SPORTING GOODS(OPENING 2016)
SITE PLAN
SHOPS
SHOPS
SHOPS
SHOPS
SHOPS
SHOPS
SHOPS
SHOPS
US 3
95 (B
US) /
S. V
IRG
INIA
ST.
MEADOWOOD MALL CIR.
NEIL LN.
MALL LINK
MEADO
WO
OD
CRUMMER LN.
MALL WAYMEADOWOOD
NEI
L RD
.
S. MCCARRAN BLVD.
NEIL WAY
MACY’SNORTH
MACY’SSOUTH
SEARS
JCPENNEY
THE CHEESECAKE FACTORY
KEYFUTURE ANCHOR STOREPROPOSED NEW RETAILDEPARTMENT STORESRESTAURANTRETAIL
SITE PLAN
N
DICK’SSPORTING
GOODS(OPENING
2016)
UNIQUE OPPORTUNITY
Meadowood Mall presents a unique opportunity for your brand.
Please contact the following leasing professional for more information.
Katie Poston (317) 263-7149 [email protected]