Embed Size (px)
Citation preview
Welcome to Fort LauderdaleWith 3,000 hours of sunshine per year, Fort Lauderdale is a singular market that attracts a growing affluent population
with its vibrant arts community, chef-driven culinary scene and extraordinary life on the water.
2
13.1%POPULATION
INCREASEsince 2000
Explosive Market GrowthFort Lauderdale is a burgeoning market with 9.3% of the state’s population and a workforce of nearly 2 million. This is an exciting time as Fort Lauderdale is undergoing a revitalization with 13 hotels and residential developments with over 7,000 units under construction or slated for completion.
7,000new residential units approved and/or under construction
Over
100Best Places to
LIVE & LAUNCH—CNN MONEY
New Brightline regional train service
operating from Fort Lauderdale
2.6%JOB GROWTH
is up
in 2017
3
A Top Tourism Destination
Port Everglades,the third largest
cruise portin the world
servicing 50 shipsand 4 millionpassengers
The fastestgrowing
large hub airport in U.S.
14 milliontourists visit
Fort Lauderdale annually
Direct flights to Fort Lauderdale from Emirates Airlines,
British Airways and Norwegian Airlines.
Flights from China and Brazil
coming soon.
4
BEACH RESIDENCES & SPA FORT LAUDERDALE
View the Revitalization Fact Sheet
The Fort Lauderdale Central Beach District is undergoing a revitalization with 13 hotel/residential developments under construction or slated for construction.
B E AC H R E S I D E N C E S & S PAF O R T L A U D E R DA L E
W H Y F O R T L A U D E R D A L E ?
This developing, a�uent market is
driving the formation of new cultural
and arts districts to the area.
Additionally, Fort Lauderdale’s sea port
and international growth are attracting
corporate relocations, such as Chiquita,
Sato Global Solutions and AutoNation.
hotel roomswithin the total
trade area
33,000
MILLIONin new HOTEL
DEVELOPMENTSin greater Fort
Lauderdale
$704+33,000hotel rooms
within the total trade area
A Top Tourism Destination
$704+MILLION
in new HOTELDEVELOPMENTSin Greater Fort
Lauderdale
Opens 2019
Opens 2018
$11.4B14 MILLIONVISITORSgenerated
in 2017
PLANNED 800 ROOM ON-SITE CONVENTION
CENTER HOTEL
5
Fort Lauderdale is a primary and secondary home for affluent customers who
appreciate luxury products and services. This customer base drives auto, boat,
home and retail/dining sales. The growth continues as Fort Lauderdale attracts
corporate relocations such as Chiquita, Sato Global Solutions and AutoNation.
An Affluent Market Six Luxury Car Dealershipswithin 2-4 miles
of the center
The largest boat show
in the world is in
Fort Lauderdale each year and generates
857 million dollars in economic impact.
Three private yacht and
country clubswithin 1-3 miles of the center
6
Welcome to The GalleriaThe Galleria at Fort Lauderdale is home to high-fashion collections at Neiman Marcus,
trend-driven retailers and desirable dining options that attract upscale local residents and visitors.
7
Neiman Marcus, Macy’s, Dillard’s and more than 100 distinctive shops and restaurants
$845AVG SALES per
square foot
TOP5THE CAPITAL GRILLE
in the U.S.
8
View up-to-date Lease Plan
MID
DLE
RIV
ER
DR
IVE
SUNRISE BOULEVARD
INTERCOASTAL DRIVE
PARKINGGARAGE
PARKINGGARAGE
NE 9TH STREET
The Site Plan
SQUARE FEET
TOTAL GLA
978,568SQUARE FEET
SMALL SHOPS
349,529SQUARE FEET
ANCHORS
629,139
NE
26
TH
AV
EN
UE
9
2016 INTERIOR/EXTERIOR UPDATES
- Mod flooring finishes
- Exposed ceilings
- Drop and recessed lighting
- Chic chandelier lighting fixtures
- Modern leather soft-seating areas
- Stylish paint palettes
- Metallic column covers
- New elevator
- Contemporary façades (2017)
W H Y T H E G A L L E R I A ?
FOOD COURTrenovation
4M
Interior/Exterior Updates- Mod flooring finishes
- Exposed ceilings
- Drop and recessed lighting
- Chic chandelier lighting fixtures
- Modern leather soft-seating areas
- Stylish paint palettes
- Metallic column covers
- New elevators & escalators
- Contemporary façades (2018)
Over $30 million
renovation
10
Powerhouse Gym • Opening Summer 2018
11
SeaQuest Interactive Aquarium • Opening Late 2018
12
Cooper’s Hawk Winery & Restaurant • Opening Early 2019
13
Our CustomersThe Galleria of Fort Lauderdale is in a prime position to attract
the most affluent and style-conscious shoppers.
14
Aventura Mall
The Galleria at Fort LauderdaleThe Galleria at Fort Lauderdale
Town Centerat Boca Raton
A glance at the competition
2015 Est. Population
2020 Projected Population
Projected Growth 2015–2020
Average HH Income
Median HH Income
Per-Capita Income
# of HH $75,000+
Median Age
White Collar Employees
College Degree
Daytime Worker Base(3-mile Radius)
The Galleria AtFort Lauderdale
Aventura Mall Town Centerat Boca Raton
Total Trade AreaDemographics
700,241
739,327
5.58%
$67,455
$46,803
$28,126
166,367
41.4
203,836
216,777
135,239
2 miles
433,176
454,063
4.82%
$78,526
$51,993
$34,866
133,008
47.7
127,573
183,075
74,495
632,992
670,513
5.93%
$59,880
$41,796
$23,253
113,132
40.1
168,648
179,409
77,000
T H E G A L L E R I A A T F O R T L A U D E R D A L E B Y T H E N U M B E R S
Source: Jeff Green Partners/Nielson Company
The Galleria at Fort Lauderdale by the numbersA GLANCE AT THE COMPETIT ION
21%of householdshave HHIs over$100,000
Over
135,000A daytime
population over
work withina 3-mileradius
The average HHI of the
primary trade area is
83,061$
The Galleria AtFort Lauderdale Aventura Mall Town Center
at Boca RatonTotal Trade AreaDemographics
2016 Est. Population
2021 Projected Population
Projected Growth 2016-2021
Average HH Income
Median HH Income
Per-Capita Income
# of HHs $75,000+
Median Age
White Collar Employees
College Degree
Daytime Worker Base (3-mile Radius)
632,992
670,513
5.9%
$59,880
$41,796
$23,253
113,132
40.1
168,648
179,409
77,000
433,176
454,063
4.8%
$78,526
$51,993
$34,866
133,008
47.7
127,573
183,075
74,495
866,382
926,162
6.9%
$72,714
$50,553
$29,425
102,832
43.1
255,247
268,578
115,644
Research conducted by Alexander Babbage
40%of the primary
trade area holds aBACHELOR’S
degree orhigher
15
These shoppers are young, well educated and highlyconnected on their mobile devices. This group is veryconscious of the environment and nutrition andregularly buys organic and natural products.
Median Age: 36.6
Typical Housing: Single Family, Multiunits
Average Household Size: 2.05
Median Household Income: $52,000
Average Rent: $1,030
These shoppers are young, single, well-paid and sociallysavvy. They keep up with the latest styles and trendsand spend freely on fashionable, branded clothing.They enjoy the finer things in life and spend theirincome on upscale city living, entertainment, fashionand travel.
Median Age: 35.5
Typical Housing: High-Density Apartments
Average Household Size: 2.10
Median Household Income: $51,000
Average Rent: $1,340
These shoppers are married, financially stable,well-connected and environmentally active. They live asophisticated, exclusive lifestyle and prefer to driveluxury imports and shop at upscale establishments.
Median Age: 42.6
Typical Housing: Single Family
Average Household Size: 2.37
Median Household Income: $98,000
Median House Value: $465,000
EMERALD CITY URBAN CHICTRENDSETTERS
60% of The Galleria Fort Lauderdale shopper is made up of these segments
The Shopper
16
These shoppers are financially secure and are enjoyingearly retirement as empty nesters. They are activelypursuing a variety of leisure interests—travel, sports,dining out, museums and concerts.
Median Age: 51.0
Typical Housing: Single Family, Multiunits
Average Household Size: 2.05
Median Household Income: $61,000
Median House Value: $283,000
These shoppers are well-educated professionalsand technologically savvy consumers that use theirlaptops, iPads, and mobile phones extensively tostay connected. They spend money on niceclothes, dining out, travel, treatments at day spasand overpriced lattes.
Median Age: 36.9
Typical Housing: High-Density Apartments
Average Household Size: 1.85
Median Household Income: $93,000
Average Rent: $1,830
These shoppers are working part-time whileattending college. They are very conscious of theirimage and seek to bolster their status with thelatest fashion, preferably name brands. Theyalways have an eye out for a sale and will buygeneric when it is a better deal.
Median Age: 33.1
Typical Housing: Multiunit Rentals, Single Family
Average Household Size: 2.10
Median Household Income: $29,000
Average Rent: $750
GOLDEN YEARS SET TO IMPRESSLAPTOPS AND LATTES
60% of The Galleria Fort Lauderdale shopper is made up of these segments
The Shopper
17
New DevelopmentExciting changes are on the horizon that will transform The Galleria at Fort Lauderdale
from a prominent retail and dining venue to an unparalleled lifestyle destination.
18
A modern mixed-use neighborhood
$1Bof proposed
LUXURY RESIDENTIALDEVELOPMENT
around The Galleria
Community Green Space
1919
LIVE Galleria
5,100upscale residental units
approved or under construction within
a 3-mile radius
THE GALLERIA RESIDENTIAL EXPANSION: 7 luxury high-rises
containing 2,000 units
in partnership with
a local developer
THE DEVELOPMENT’S INPROVEMENTS: will make the
property Florida’s
first LEED certified
neighborhood
20
AN AMAZING ENVIRONMENT & LUXURY LIFESTYLE- Community green space
- 41 foot wide pathways
- Greenery on roof and parking areas
- Trolley buses to the beach
- Yoga classes
- Outdoor dining
LIVE Galleria
21
jllretail.com
The Galleria at Fort Lauderdale
2414 East Sunrise Blvd.
Fort Lauderdale, FL 33304galleriamall-fl.com
Kim Salvatori
JLL
Vice President, Leasing Representative
+1 (941) [email protected]
Molly Morgan
JLL
Leasing Representative
+1 (404) [email protected]
C O N T A C T
Kim SalvatoriJLLVice President, Retail Leasing tel +1 (941) [email protected]
Molly Morgan JLL Vice President, Retail Leasingtel +1 (404) 995-6317 [email protected]
Thank you!
22
jllretail.com
The Galleria at Fort Lauderdale
2414 East Sunrise Blvd.
Fort Lauderdale, FL 33304galleriamall-fl.com
Kim Salvatori
JLL
Vice President, Leasing Representative
+1 (941) [email protected]
Molly Morgan
JLL
Leasing Representative
+1 (404) [email protected]
C O N T A C T
2414 EAST SUNRISE BOULEVARD, FORT LAUDERDALE, FL 33304
GALLERIAMALL-FL.COM
05/2018
