- Colorado Springs, Colorado -

Transcription

1 - Colorado Springs, Colorado South Tejon Street, Suite 222 Colorado Springs, CO 80903

2 InterQuest Marketplace Colorado Springs, Colorado Project Summary Nor wood Development Group is in Phase 1 of InterQuest Marketplace, located in the vibrant and growing north end of Colorado Springs, Colorado. This regional shopping center is located at the front door of Colorado Springs, and will intercept and provide the affluent north side shopper an updated and alternative to the Chapel Hills / North Academy shopping district. A new hotel which includes 306 hotel rooms and a 45,000 square foot conference space, is under construction. Hollywood Theaters, a 14-screen theater, Colorado Mountain Brewery and Cheddars restaurant are now open and thriving. Brunswick Zone XL is now open and a new Kum & Go convenience gas station is currently under construction and set to open in Size 131 Acres with 900,000 SF of retail, hotel, dining, entertainment and residential Features With a mix of hotel, entertainment, restaurants, and national/regional retailers, InterQuest Marketplace will change existing retail traffic patterns because of its superior access, convenience, collection of tenants and thematic architecture. Strategically situated within the highest household income area in the city. Within the 2nd highest growth area in the region. Highly visible from the confluence of four major roadways: Interstate 25, Highway 83, InterQuest Parkway and Powers Boulevard. Demographic Profile An existing population of 168,442 with an average household income of $90,690 within a 7-mile radius provides retailers with a strong demographic customer base. Business employment of over 72,875 people in a 7-mile will find InterQuest Marketplace a convenient, accessible place to dine and shop during lunch and after hours. It is projected that with the full development of the InterQuest Business Park, just south of InterQuest Marketplace, will add approximately 6,000 more employees. Major national and regional area employers nearby include, US Air Force Academy, Progressive Insurance Company, Focus on the Family, United Services Automobile Association, T-Mobile USA, Direct Checks Unlimited, Oracle Corporation, T. Rowe Price Associates, Compassion International, Ford Credit Regional Services Center and FedEx Services Corporation. Sources: Claritas, Inc. and David Bamberger & Associates

3 Location Map Old State Highway 83 At Voyager Parkway Colorado Springs, Coordinates: , Area Map Source: Nielsen, 2014

4 Demographic Summary DESCRIPTION 3-MILE 5-MILE 7-MILE Population 2021 Population 22, , , Estimates 20,462 94, ,795 Growth % 7.88% 7.45% 2010 Census 19,910 84, , Census 13,120 64, ,533 Households 2021 Population 7,849 35,243 70, Estimates 6,972 32,368 65,243 Growth % 8.88% 8.13% 2010 Census 5,763 28,695 58, Census 3,293 21,148 43, Tenure of Occupied Housing Units Owner Occupied 4,675 23,366 46,906 Renter Occupied 2,297 9,002 18, Est. Average Household Size Est. Household by Household Income Income less than $15, ,203 2,798 Income $15,000 - $24, ,485 3,351 Income $25,000 - $34, ,987 4,175 Income $35,000 - $49, ,046 6,887 Income $50,000 - $74, ,171 11,219 Income $75,000 - $99, ,775 10,373 Income $100,000 - $124, ,625 7,683 Income $125,000 - $149, ,128 5,802 Income $150,000 - $199,999 1,015 3,923 6,768 Income $200,000 - $499, ,269 5,474 Income $500,000 and more Est. Average Household Income $125,325 $114,011 $105, Est. Median Household Income $103,438 $92,094 $85, Total Employment 15,730 74, ,879 Data Source: Nielsen, 2016

5 7-Mile Trade Area Employment and Business Parks * InterQuest Business Park (Office and Industrial Space Building Square Feet

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8 (12,999) (14,894) Traffic Count (22,714) (23,320) (18,699) Source: SM Rocha, 2012

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10 Driving Distance Map

11 Area Businesses Walmart Data Center

12 InterQuest Marketplace Colorado Springs, Colorado About Nor wood Since 1966, Nor'wood has been Colorado Springs' leading, locally-owned developer with a portfolio in excess of 2.3 million square feet of retail, office and commercial space and 2,500 acres of residential and mixed-use land. Nor wood has exemplified its commitment to Colorado Springs through numerous high-quality, long-term developments that have enhanced the vibrancy and economic development of the city, including but not limited to: The 470,000 square foot Plaza of the Rockies in the core of Downtown Colorado Springs stands for quality, sophistication and innovation. Striking architectural features, stacked brick archways and expansive glass portray forward-thinking professionalism. The building serves as home for national and regional companies, including Booz Allen Hamilton, Colorado Springs Utilities corporate headquarters, numerous federal government agencies, as well as several national financial service companies. The Plaza lobby connects north and south towers, creating a natural gathering place home to one of the city s newest cultural assets, University of Colorado at Colorado Spring s Gallery of Contemporary Art (GOCA), and culinary dining hotspot, Nosh. Alamo Corporate Center, a 12-story, 190,000 square foot Class A office building featuring an elegant lobby and professional amenities such as a fitness center, full-service banking, regional law firms and a title company. Located directly across from the Plaza of the Rockies on Tejon Street, Alamo Corporate Center adds to Nor'wood's campus-styled layout in the center of the city's financial district. Adjacent to the City s prized America the Beautiful Park, the 100 acre Palmer Village in the southwest corner of Downtown Colorado Springs is prepared for development into a mix of office, commercial, special retail, entertainment, hotel, parking and a variety of residential uses. Nor'wood's strategic influence is evident in its master planned communities - Nor'wood, Wolf Ranch and Mesa Ridge which boasts a combined 6,500 acres of residential and mixed-use development. Colorado Springs premier lifestyle center on the eastside of the city, First & Main Town Center, demonstrates the company s deep understanding of retail development. The complex features a 16-screen Cinemark Theatre and 3-D IMAX, Dick s Sports, Super Target, Lowe s Home Improvement Center, Staples and Best Buy, among other retail and restaurant establishments. Upon final build-out, project will encompass 800,000+ square feet. The 100+ acre Powers Autopark on Woodmen and Powers Boulevard is the hub for the leading auto dealers servicing Colorado Springs for the city s expanding northeast side. Liberty Toyota opened a new 70,000 square foot store in Fall 2009, and Honda will opened a new 60,000 square foot facility in In addition, Nor wood has played a pivotal role in bringing to life such local gems as America the Beautiful Park, a massive community gathering place where numerous special events take place each year.