One Stop. Many Choices. WESTWOOD MASSACHUSETTS

Transcription

1 One Stop. Many Choices. WESTWOOD MASSACHUSETTS

2 Highlights EXCITING NEW MIXED-USE CENTER 120 acres zoned for retail, office, residential and hotel uses Ideal location in Greater Boston along Route 128 and I-95 corridors Adjacent to Route 128 MBTA Commuter Rail / Amtrak Train Station Tremendous visibility: 162,765 daily impressions on I-95/Route 128. AFFLUENT CONSUMER BASE WITHIN PRIMARY TRADE AREA (10 MILES) Population: 1,030,142 Average Household Income: $105,465 Daytime Population: 824,101 Includes such affluent communities as Dover, Milton, Needham, Sharon and Westwood UNIVERSITY STATION FEATURES 675,000 SQUARE FEET OF RETAIL AND RESTAURANT USES. 2 UNIVERSITY STATION WESTWOOD, MASSACHUSETTS

3 OPPORTUNITY University Station is a vibrant, mixed-use development in Westwood, Massachusetts adjacent to the Route 128 Amtrak Station, combining unique retail, fitness, restaurant, residential and office uses. Anchored by Wegmans, Target, and Nordstrom Rack and featuring over 25 shops and restaurants, University Station draws customers from some of Boston s most desirable suburbs including Dover, Milton, Needham, Sharon and Westwood. The site s great access, excellent visibility, and mix of uses make University Station a popular destination for shopping and dining and an ideal location for living, working and visiting. UNIVERSITY STATION WESTWOOD, MASSACHUSETTS 3

4 LOCATION Easily Accessible TRAVEL TIMES By Car Travel Time Mass Pike 15 minutes I minutes 12 miles southwest of Boston 30 miles north of Providence Exit 13 South Station Logan Airport Providence 30 minutes 35 minutes 36 minutes 95 By Train Back Bay Station South Station Providence New York Washington D.C. Travel Time 8 minutes 15 minutes 22 minutes 3 hours 6 hours 4 UNIVERSITY STATION WESTWOOD, MASSACHUSETTS

5 Exit 13 Future Residential ACCESS Immediate access from Route 128/I via Exit 13 Directly abutting Route 128 Commuter MASTER PLAN 120 acres 128 Rail/Amtrak Station 2 million square feet Use Retail Office Residential Hotel Assisted Living Size 750,000 sf 350,000 sf 650 units 150 rooms 100 units 162,765 ADT Exit 12 N UNIVERSITY STATION WESTWOOD, MASSACHUSETTS 5

6 MARKET Cambridge Boston Brookline 90 Newton 9 9 Framingham Natick Wellesley Dover Needham Milton Quincy Market analysis PRIMARY TRADE AREA (10 MILES) Population 1,030,142 Average Household Income $105,465 Adj. Daytime Demographics Age 16 Years or Over 824,101 TRADE AREA 10 MINUTES 15 MINUTES 20 MINUTES Norwood Westwood UNIVERSITY STATION Braintree 3 AFFLUENT COMMUNITIES AVERAGE HOUSEHOLD INCOME Dover $280,988 Westwood $189,163 Needham $183, MILE RADIUS Sharon $168,318 Milton $152,891 1 Canton 5 MILE RADIUS 7 MILE RADIUS Walpole Sharon 10 MILE RADIUS 24 Franklin Brockton 495 Foxborough 6 UNIVERSITY STATION WESTWOOD, MASSACHUSETTS

7 Greater Boston s newest shopping destination SHOP AND DINE University Station features some of the nation s most popular stores including Wegmans, Target, Marshalls/HomeGoods, Nordstrom Rack, PetSmart, Michaels, and ULTA Beauty. Anthony s Coal Fired Pizza, Bone Fish Grille, Not Your Average Joe s, Panera Bread, and Smashburger are just a few of the eateries that draw customers to the center. PLAY Life Time Athletic offers an unparalleled experience through fitness programs and certified fitness professionals to support the health and fitness goals of their members. This healthy way of life destination offers a full-service spa, a cafe that provides a healthy diet, nationally renowned group fitness instructors and personal trainers, an indoor cycling studio, and cutting-edge fitness equipment. Life Time Athletic s programming aims to exceed members expectations, including weight loss programs, yoga and Pilates classes, and much more SHOP & DINE UNIVERSITY STATION WESTWOOD, MASSACHUSETTS 7

8 Residential LUXURY APARTMENTS Gables University Station, situated along University Avenue at the junction of Route 1-95/Route 128, is a new luxury apartment community and commuter s dream located just steps away from the MBTA and Amtrak Station. Residents can choose from a spacious one or two bedroom apartment home with top-of-the-line finishes including wood plank flooring, stainless steel appliances, granite countertops and designer pendant lighting. They can also enjoy a plethora of amenities including a sparkling pool, 3 courtyards, a state-of-the-art fitness center, media room, gaming station, and fully appointed business center with meeting rooms. ASSISTED LIVING Bridges by EPOCH at Westwood is a memory care assisted living community where remarkable people deliver exceptional care to those with Alzheimer s disease and dementia. 8 UNIVERSITY STATION WESTWOOD, MASSACHUSETTS LIVE

9 WORK Offices University Station is a rare office opportunity with great visibility, excellent access and a unique, amenity-rich environment. University Station s buildto-suit opportunities ranging from 20, ,000 square feet enable customizable solutions which can be tailored to accommodate a variety of business needs, including signature headquarter opportunities. The Offices at University Station are walking distance to the Route 128 MBTA commuter rail stop and to dedicated Amtrak and the Acela Express service. The University Station stop is only 8 minutes from Boston s Back Bay, 15 minutes from South Station, and 3 hours from New York City. Employees will enjoy University Station s many advantages, including such amenities and conveniences as Wegmans, Target and Life Time Athletic. Open-air, collaborative spaces help create a comfortable, relaxing and productive work atmosphere. UNIVERSITY STATION WESTWOOD, MASSACHUSETTS 9

10 DEMOGRAPHICS DEMOGRAPHIC ANALYSIS BY MILES Population 3 Miles 5 Miles 7 Miles 10 Miles 2016 Estimated Population 50, , ,398 1,030, Projected Population 52, , ,986 1,078, Adj. Daytime Demographics Age 16 Years or Over 64, , , , Median Age DEMOGRAPHIC ANALYSIS BY DRIVE TIME Population 10 Minutes 15 Minutes 20 Minutes 2016 Estimated Population 202, ,255 1,468, Projected Population 211, ,142 1,535, Adj. Daytime Demographics Age 16 Years or Over 156, , , Median Age Income 2016 Estimated Average Household Income $116,128 $109,393 $110,225 $105, Estimated Median Household Income $94,875 $87,986 $90,495 $83,847 Income 2016 Estimated Average Household Income $107,659 $101,603 $107, Estimated Median Household Income $87,568 $83,078 $83,994 Households 2016 Estimated Households 19,241 67, , , Projected Households 19,984 69, , ,274 Households 2016 Estimated Households 76, , , Projected Households 79, , ,369 Education (Age 25+) 2016 Estimated Some College 14.8% 16.3% 15.9% 14.2% 2016 Estimated Associates Degree Only 8.9% 7.5% 7.1% 6.3% 2016 Estimated Bachelors Degree Only 29.3% 26.5% 25.1% 25.2% 2016 Estimated Graduate Degree 19.4% 19.6% 20.4% 22.9% Education (Age 25+) 2016 Estimated Some College 16.3% 15.9% 14.2% 2016 Estimated Associates Degree Only 7.5% 7.1% 6.3% 2016 Estimated Bachelors Degree Only 26.5% 25.1% 25.2% 2016 Estimated Graduate Degree 19.6% 20.4% 22.9% Business 2016 Estimated Total Businesses 3,274 7,944 16,425 46, Estimated Total Employees 49, , , ,258 Business 2016 Estimated Total Businesses 8,964 29,012 85, Estimated Total Employees 114, ,314 1,118, UNIVERSITY STATION WESTWOOD, MASSACHUSETTS

11 University Station UNIVERSITY STATION WESTWOOD, MASSACHUSETTS 11

12 WESTWOOD, MASSACHUSETTS 75 PARK PLAZA, BOSTON, MASSACHUSETTS NEDEVELOPMENT.COM