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RETAIL LEASING PACKAGE 3597 E Monarch Sky Lane, Suite 225, Meridian, ID 83646 thevillageatmeridian.com

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Page 1: RETAIL LEASING PACKAGE - The Village at Meridian · Meridian Idaho was voted as the #1 best city to live in the USA as reported by 24/7 Wall Street in 2015. 3.4% Unemployment rate,

RETA IL LEASING PACK AGE3597 E Monarch Sky Lane, Suite 225, Meridian, ID 83646

thevillageatmeridian.com

Page 2: RETAIL LEASING PACKAGE - The Village at Meridian · Meridian Idaho was voted as the #1 best city to live in the USA as reported by 24/7 Wall Street in 2015. 3.4% Unemployment rate,

The Village at Meridian is Idaho’s premier shopping, dining and entertainment destination. The project represents one of the most significant commercial projects ever developed in the northwest, offering visitors from

well beyond Treasure Valley an experience not available in the region.

* Site 1: Counts compiled by ACHD from traffic data collected by ACHD and ITD.AM Peak is 7:00 – 8:00 and PM Peak is 5:00 – 6:00.** Site 2: Demographic Source: Applied Geographic Solutions / TIGER Geography, Sites USA, Chandler, AZ

� Nestled at the base of the most affluent planned residential communities including 107,049 people in 37,197 households with an average household income of $87,397 within our immediate trade area **.

� Serving a vibrant, educated and cultured community who enjoy the area’s recreational amenities such as skiing, 130 miles of hiking trails and 25 miles of pathways linking 850 acres of parks.

� Meridian Idaho was voted as the #1 best city to live in the USA as reported by 24/7 Wall Street in 2015. 3.4% Unemployment rate, well below national average of 6.2 at the time of the survey. Jobs are being added to the local economy faster than in most of the US. Job growth rate of 7.4%, seven times USA average of 1.8%. Over the past 5 years through 2014 the city’s population growth rate was 28%, four times the national population growth of 6.5%. Astonishing low crime rate of just 80 violent crimes per 100,000. Average is 366 per 100,000.

INTRODUCTION

� Located in the center of the most populous area in the state (with a MSA of 645,125 people at the most traveled intersection of the state (exceeding 90,000+ cars daily*).

� Draws from the full Treasure Valley MSA labor force of over 277,000 employees with an immediate workforce population of over 45,000 employees **.

� Regional trade area is over 1 million people, as demonstrated on the next page

Page 3: RETAIL LEASING PACKAGE - The Village at Meridian · Meridian Idaho was voted as the #1 best city to live in the USA as reported by 24/7 Wall Street in 2015. 3.4% Unemployment rate,

WASHINGTON

IDAHO

UTAH

MONTANA

CALIFORNIA

WASHINGTON

OREGON

NEVADA

PORTLAND421 Miles

Driving distance to Portland via I-84

348 Miles

Driving distance to Salt Lake City via I-84

SEATTLE

SALT LAKE CITY

BOISE

THE VILLAGE AT MERIDIAN

80

5

82

84

15

REGIONAL TRADE AREA

TR A DE A REA By Block Groups

Immediate10 MIN DRIVE

Primary T.V. MSA

Regional

Population 107,049 645,125* 1,033,852

*Defined by MSA. Polygon not shown on map.

Page 4: RETAIL LEASING PACKAGE - The Village at Meridian · Meridian Idaho was voted as the #1 best city to live in the USA as reported by 24/7 Wall Street in 2015. 3.4% Unemployment rate,

TR A DE A REA By Block Groups

Immediate10 MIN DRIVE

Primary T.V. MSA

Regional

Population 107,049 645,125* 1,033,852

Projected Annual Change (2013–2018) 5,652 28,500 41,650

Households 37,197 211,547 383,330

Median Age (Years) 35.1 34.6 35.2

Average Household Income $87,397 $65,927 $62,839

Median Household Income $69,532 $54,681 $52,045

Household Income $75,000+ 43.6% 30.3% 28.6%

Any College + 74.7% 65.2% 60.3%

White Collar 71.0% 63.2% 59.0%

DAY TIME DEMOGR A PHICS

Population 45,376 277,820 471,449

Population Growth (2010–2013) +68.9% +30.3% +22.2%

Unemployment Rate 3.9% 4.3% 3.8%

Demographic Source: Applied Geographic Solutions/TIGER Geography ©, Sites USA *Defined by MSA. Polygon not shown on map.

In 2010-2011 the daytime population experienced intense growth, with the immediate trade area increasing by

an unheard of 68.9%.

DEMOGRAPHIC SUMMARY

Page 5: RETAIL LEASING PACKAGE - The Village at Meridian · Meridian Idaho was voted as the #1 best city to live in the USA as reported by 24/7 Wall Street in 2015. 3.4% Unemployment rate,

NAMPA

EAGLE

KUNA

STAR

MERIDIANCALDWELL

MIDDLETON

Eag

le R

d

Fairview Ave

NampaGatewayCenter

Treasure ValleyMarketplace

Boise TowneSquare BOISE

BODO

THE VILLAGE AT MERIDIAN

84

84

84

69

44

BOIAIRPORT

TR A DE K EY A R E A

Immediate Trade Area10 MIN DRIVE

AV ER AGE HOUSEHOL D I NCOM E By Block Groups

$75,000 or more

$60,000 to $75,000

$45,000 to $60,000

$30,000 to $45,000

Less than $30,000

Page 6: RETAIL LEASING PACKAGE - The Village at Meridian · Meridian Idaho was voted as the #1 best city to live in the USA as reported by 24/7 Wall Street in 2015. 3.4% Unemployment rate,

HIGH SCHOOL ENROLLMENT

Enrollment Count

Driving Distance

1 Mountain View High 2,139 3.0

2 Rocky Mountain High 2,103 5.3

3 Meridian High 1,881 3.6

4 Centennial High School 1,720 3.1

5 Eagle High 1,656 8.6

6 Borah High School 1,564 6.4

7 Boise High School 1,448 9.2

8 Timberline High School 1,310 11.8

9 Capital High School 1,120 5.2

10 Renaissance High School 659 2.7

Total Enrollment 14,600 ( +/- )

Enrollment Counts: Online Research, numbers provided by School Districts. Driving Distance: Online Research, numbers provided by Google Maps.

HIGH SCHOOL STU DENT POPU L ATION Districts 1 & 2

LOCAL HIGH SCHOOLS

Page 7: RETAIL LEASING PACKAGE - The Village at Meridian · Meridian Idaho was voted as the #1 best city to live in the USA as reported by 24/7 Wall Street in 2015. 3.4% Unemployment rate,

EAGLE

MERIDIAN

KUNA

BOISE

84

84

184

BOIAIRPORT

THE VILLAGE AT MERIDIAN

TR A DE K EY A R E A

Immediate Trade Area10 MIN DRIVE

AV ER AGE H IGH SCHOOL EN ROL L M EN T

2,000 +

1,500 +

1,000 +

500 +

1

2

9

4

5

6

7

8

3

Page 8: RETAIL LEASING PACKAGE - The Village at Meridian · Meridian Idaho was voted as the #1 best city to live in the USA as reported by 24/7 Wall Street in 2015. 3.4% Unemployment rate,

The Treasure Valley MSA has a labor force of over 277,000 employees with

over 45,000 employees within our immediate trade area.

LOCA L BUSINESSES Sorted by employee count

Immediate TA 10 MIN DRIVE

St Luke's Medical Center 6,500 +/-

El Dorado Business Park 5,000 +/-

Silverstone Business Park 5,000 +/-

Meridian Joint School District 4,500 +/-

Hewlett Packard 2,500 +/-

DIRECTV 1,500 +/-

DAYTIME POPULATION SUMMARY

Demographic Source: Applied Geographic Solutions/TIGER Geography © Sites USA, Chandler, AZ

Page 9: RETAIL LEASING PACKAGE - The Village at Meridian · Meridian Idaho was voted as the #1 best city to live in the USA as reported by 24/7 Wall Street in 2015. 3.4% Unemployment rate,

DAYTIME POPULATION MAP

TR A DE K EY A R E A

Immediate Trade Area10 MIN DRIVE

DAY TI M E POPU L ATION

High Schools

New Residential

Major Employers

Page 10: RETAIL LEASING PACKAGE - The Village at Meridian · Meridian Idaho was voted as the #1 best city to live in the USA as reported by 24/7 Wall Street in 2015. 3.4% Unemployment rate,

PROJECT AERIAL

TH E V I L L AGE AT M ER I DI A N NORTH

The Village North The Village South Fountain Square

FOU N TA I N SQUA R EState of the art

Dancing Fountain

with color

Kids Play Area

Year-round Events

Food Pavilions

K LEI N ER PA R K

65-Acre, $25 million

Owned by City of

Meridian. Includes 2

ponds, running/bike

paths, outdoor

amphitheatre, senior

center, library, disk golf

course and more.

TH E V I L L AGE AT M ER I DI A N SOU TH650,000 SF Retail

150,000 SF Office

35,000 SF Fitness Facility

F U T U R EEX PA NSION A R EA

Page 11: RETAIL LEASING PACKAGE - The Village at Meridian · Meridian Idaho was voted as the #1 best city to live in the USA as reported by 24/7 Wall Street in 2015. 3.4% Unemployment rate,

MASTER SITE PLAN

NMAY 2018 (NTS) Not to scaleThis document and the information contained herein is confidential and intended solely for the use of the individual or entity (“Recipient”) to whom it was originally sent by CenterCal Properties, LLC. The Recipient shall not disclose, copy, or distribute this document and/or the information contained herein to any other party nor take any action in reliance on the contents of this document. If you are not the intended recipient of this document you are notified that disclosing, copying, distributing or taking any action in reliance on the contents of this information is strictly prohibited.

Eag

le R

dE

agle

Rd

47,

04

1 A

DT

55

55

East River Valley St

Records Way

Fairview Ave31,569 ADT

Village Dr

Page 12: RETAIL LEASING PACKAGE - The Village at Meridian · Meridian Idaho was voted as the #1 best city to live in the USA as reported by 24/7 Wall Street in 2015. 3.4% Unemployment rate,

NMAY 2018 (NTS) Not to scaleThis document and the information contained herein is confidential and intended solely for the use of the individual or entity (“Recipient”) to whom it was originally sent by CenterCal Properties, LLC. The Recipient shall not disclose, copy, or distribute this document and/or the information contained herein to any other party nor take any action in reliance on the contents of this document. If you are not the intended recipient of this document you are notified that disclosing, copying, distributing or taking any action in reliance on the contents of this information is strictly prohibited.

NORTH PHASE PLAN

Page 13: RETAIL LEASING PACKAGE - The Village at Meridian · Meridian Idaho was voted as the #1 best city to live in the USA as reported by 24/7 Wall Street in 2015. 3.4% Unemployment rate,

SOUTH PHASE PLAN

NMAY 2018 (NTS) Not to scaleThis document and the information contained herein is confidential and intended solely for the use of the individual or entity (“Recipient”) to whom it was originally sent by CenterCal Properties, LLC. The Recipient shall not disclose, copy, or distribute this document and/or the information contained herein to any other party nor take any action in reliance on the contents of this document. If you are not the intended recipient of this document you are notified that disclosing, copying, distributing or taking any action in reliance on the contents of this information is strictly prohibited.

Page 14: RETAIL LEASING PACKAGE - The Village at Meridian · Meridian Idaho was voted as the #1 best city to live in the USA as reported by 24/7 Wall Street in 2015. 3.4% Unemployment rate,

®

BlackLogo

WhiteLogo

Pms526

Pms525

THE V I L L AGE AT M ER IDI A N SOUTH

THE V I L L AGE AT M ER IDI A N NORTH

PROJECT TENANTS

Page 15: RETAIL LEASING PACKAGE - The Village at Meridian · Meridian Idaho was voted as the #1 best city to live in the USA as reported by 24/7 Wall Street in 2015. 3.4% Unemployment rate,

AT A GLANCE

Page 16: RETAIL LEASING PACKAGE - The Village at Meridian · Meridian Idaho was voted as the #1 best city to live in the USA as reported by 24/7 Wall Street in 2015. 3.4% Unemployment rate,

Retail Restaurant Office

OUR TENANT MIX

Page 17: RETAIL LEASING PACKAGE - The Village at Meridian · Meridian Idaho was voted as the #1 best city to live in the USA as reported by 24/7 Wall Street in 2015. 3.4% Unemployment rate,

Retail Restaurant Office

OUR TENANT MIX

Page 18: RETAIL LEASING PACKAGE - The Village at Meridian · Meridian Idaho was voted as the #1 best city to live in the USA as reported by 24/7 Wall Street in 2015. 3.4% Unemployment rate,

EVENTS AND AMENITIES

Fountain Square Play Structure Concert Series

Page 19: RETAIL LEASING PACKAGE - The Village at Meridian · Meridian Idaho was voted as the #1 best city to live in the USA as reported by 24/7 Wall Street in 2015. 3.4% Unemployment rate,

Chris Byers 801.451.5993 [email protected]

Dee Torres 720.943.3006 [email protected]

Gary Hall 208.888.1701 [email protected]

Specialty Leasing Information:

Debby Smith | 208.888.1701 | [email protected]

Leasing Information:

North Phase and Outparcels:

THEVILLAGEATMERIDIANTHEVILLAGEATMERIDIAN.COM

180510_MER_BROGN_12X9_MT_FINAL