snooze victoria’s secret the cheesecake factory …...morton’s the steakhouse the cheesecake...
TRANSCRIPT
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S C O T T S D A L E , A Z
M A R K E T P R O F I L E 2 0 1 9
FOR INFORMATION:602-953-6200Macerich.com
PROPERTY TYPE: Outdoor Luxury Lifestyle Center
TOTAL SQUARE FEET:437,000
MAJOR RETAILERS:Alex and Ani, Anthropologie, Arhaus, Athleta,
Chico’s, Coach, Cos Bar, Crate & Barrel, Hanna Andersson, Madewell, Michael Kors,
PB Teen & Pottery Barn Kids, Sundance, Sur La Table, Tesla, Tommy Bahama,
Vera Bradley, Victoria’s Secret
RESTAURANTS & ENTERTAINMENT:Bar NoRTH, The Cheesecake Factory, Corner
Cafe, The Greene House, Mastro’s Ocean Club, The Mission, NoRTH Italia, P.F. Chang’s China Bistro, Postino WineCafé, Shake Shack,
Snooze, an A.M. Eatery, Tocaya Organica, Tommy Bahama Restaurant & Bar, Zinc Bistro
BUILT:2000
POPULATION
2018 Total Population 252,005 898,098 4,814,090
2023 Total Population 270,409 970,948 5,226,364
2018-2023 Population Growth 7.3% 8.1% 8.6%
HOUSEHOLDS
2018 Total Households 110,145 379,752 1,749,737
2023 Total Households 117,846 410,491 1,895,456
2018-2023 Household Growth 7.0% 8.1% 8.3%
INCOME
Average Household Income $142,906 $101,529 $81,724
Median Household Income $96,360 $66,720 $59,124
Per Capita Income $62,637 $43,328 $30,084
HOUSEHOLD INCOME RANGES
$50,000 + 81,354 73.9% 235,696 62.1% 1,027,157 58.7%
$75,000 + 66,214 60.1% 173,939 45.8% 696,684 39.8%
$100,000 + 53,591 48.7% 128,529 33.8% 461,655 26.4%
$150,000 + 34,732 31.5% 71,406 18.8% 207,610 11.9%
AGE
Median Age 48.4 40.2 35.9
EDUCATION / OCCUPATION
Bachelor’s Degree Plus 112,585 59.4% 295,850 47.0% 995,156 31.3%
White Collar 106,872 81.5% 335,079 71.3% 1,396,871 62.7%
RACE / ETHNICITY
White 219,801 87.2% 716,117 79.7% 3,372,000 70.0%
Black 5,015 2.0% 32,124 3.6% 273,744 5.7%
American Indian 1,813 0.7% 14,924 1.7% 121,989 2.5%
Asian 12,362 4.9% 37,128 4.1% 191,402 4.0%
Pacific Islander 222 0.1% 1,334 0.1% 10,965 0.2%
Other Race 12,792 5.1% 96,470 10.7% 843,990 17.5%
Hispanic or Latino 21,538 8.5% 172,561 19.2% 1,500,528 31.2%
Not Hispanic or Latino 230,466 91.5% 725,537 80.8% 3,313,562 68.8%
EMPLOYMENT / DAYTIME POPULATION 1 MILE 3 MILE 5 MILE
Total Businesses 2,310 7,083 13,258
Total Employees 27,949 85,200 157,282
Daytime Population 37,190 132,419 281,197
Source: U.S. Census Bureau. ESRI 2018
PHOENIX-MESA-SCOTTSDALE, AZ [MSA]
DEMOGRAPHIC SUMMARY
PRIMARY TRADE AREA TOTAL TRADE AREA
Greenway Pkwy
Greenway-Hayden Loop
TRADE AREA MAP
N
LEGEND
KIERLAND COMMONS
PRIMARY TRADE AREA
SECONDARY TRADE AREA
COMPETITIVE CENTERS
OTHER CENTERS
Everett
MAS
TRO
’S
TOM
MY
BAH
AMA
RES
TAU
RAN
T,
BAR
& S
TOR
E
ARH
AUS
SITE PLAN
UPDATED 3/19
MARKET FACT SHEET
ANCHORED BY THE WESTIN KIERLAND RESORT & SPA, WITH 780+ ROOMS AND 27-HOLE GOLF COURSE
MORE THAN 100,000 SQUARE FEET
OF CLASS A OFFICE SPACE ON PROPERTY
MULTI-FAMILY RESIDENTIAL GROWTH
WITH OVER 500 CLASS A UNITS WITHIN WALKING DISTANCE,800 UNDER CONSTRUCTION AND 500 PROPOSED BY 2019
MAYO CLINIC WILL DOUBLE ITS CAMPUS IN A
$648 MILLION EXPANSION CREATING CLOSE TO 2,000
NEW JOB INCLUDING 200 PHYSICIANS BY 2029
YEARLY SALES
LESS THAN 5 MILES FROM WORLD CLASS SIGNATURE EVENTS,
BARRETT-JACKSON, PGA WASTE MANAGEMENT PHOENIX OPEN & BENTLEY
POLO CHAMPIONSHIP HAVE A COMBINED ATTENDANCE
OF OVER 1 MILLION AND ECONOMIC IMPACT OF NEARLY $450 MILLION
THE SCOTTSDALE AIRPARK AREA, LESS THAN A MILE FROM KIERLAND, IS ONE OF THE LARGEST EMPLOYMENT CENTERS WITH OVER 55,000 EMPLOYEES AND 3,000 COMPANIES – INCLUDING GODADDY, VANGUARD, U.S. CRYOTHERAPY AND PXG HEADQUARTERS
SCOTTSDALE AIRPORT IS THE 21ST BUSIEST GENERAL-AVIATION AIRPORT IN THE NATION AVERAGING 157,000 TAKEOFFS/LANDINGS PER YEAR AND ONE OF THE BUSIEST CORPORATE JET FACILITIES IN THE STATE
$25 MILLION INVESTMENT AT SCOTTSDALE AIRPARK ON 2 STATE-OF-THE-ART PRIVATE JET HANGERS, NEW BUSINESS CENTER AND PARKING GARAGE
REPUTED AS ONE OF THE BEST COMMUNITIES TO LIVE, WORK AND PLAY, SCOTTSDALE IS RANKED #3 BEST CITY TO LEAD AN ACTIVE LIFESTYLE
51 GOLF COURSES IN SCOTTSDALE AND MORE THAN 200 GOLF COURSES IN THE SURROUNDING AREA
KIERLAND HAS 12 CHEF-DRIVEN LOCAL AND NATIONAL RESTAURANTS SUCH AS MASTRO’S OCEAN CLUB, POSTINO WINECAFE, ZINC BISTRO AND THE MISSION
JAN 5.6%
FEB 5.7%
MAR 10.9%
APR 6.1%
MAY 6.0%
JUN 7.4%
JUL 4.5%
AUG 6.5%
SEP 10.9%
OCT 7.7%
NOV 11.0%
DEC 17.6%
PLAZA LOFTS, 84 LUXURY CONDOS LOCATED ON THE PROPERTY, SELL FOR UP TO $3 MILLION
LOCATED MINUTES AWAY, FAIRMONT SCOTTSDALE PRINCESS RESORT HAS 640+ ROOMS
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