Santa Clara: Reinvented and on the rise.

Size: px

Start display at page:

Download "Santa Clara: Reinvented and on the rise."

Noah Miles
8 years ago
Views:

1 MARKETPLACE

2 Santa Clara: Reinvented and on the rise. Located in the center of Silicon Valley, the city of Santa Clara is perfectly positioned to be the next big Bay Area city. Between the CalTrain, Amtrak, VTA bus system, and access to seven main highways and expressways, no other city in the area is so central and so convenient. It s no wonder that global companies like Intel and Citrix, world-class educational institutions such as Santa Clara University, and the new 49ers Levi s Stadium all call the city home. That smart, motivated mentality is reflected in the city s diverse and educated community, uniquely independent municipal services, and forward-thinking, supportive government. A city with its own progressive spirit, at the center of everything Silicon Valley has to offer, Santa Clara is poised for greatness. Santa Clara: A Top U.S. County. Santa Clara County ranks # 3 nationally in average household income at over $ 128,000. Compared to the 40 most populous counties in the U.S., Santa Clara County is ranked: Fairfax, VA Montgomery, MD Santa Clara, CA Nassau, NY New York, NY #1 in retail sales per household #4 in percentage of households earning $100,000 or more #5 in population with a bachelor s degree or higher #16 in population SOURCE: Nielsen-Claritas

It s no wonder that global companies like Intel and Citrix, world-class educational institutions such as Santa Clara University, and the new 49ers Levi s Stadium all call the city home.

3 Santa Clara County has high spending on shopping, dining and entertainment. Total spend on shopping, dining, entertainment is: 16% higher than Orange County 41% higher than California 51% higher than U.S. A premier development in the heart of Silicon Valley. Average annual spend per person DINING OUT $6,000 $3,000 $5,000 $2,500 $4,000 $2,000 APPAREL SHOPPING Welcome to your town square - a place inspired by the spirit of community and the energy of Silicon Valley. Santa Clara Square is a place to experience shopping, dining, working and recreation all in one locale. $3,000 $2,000 $1,000 0 Santa Clara Square Orange County California U.S. $1,500 $1,000 $500 0 Santa Clara Square Orange County California U.S. A destination offering: $6,000 ENTERTAINMENT $15,000 TOTAL SPEND (Dining + Apparel + Entertainment) $5,000 $12,000 Strong daytime population - over 210K employees within an 8-minute drive. Educated and affluent - average household income over $108K. $4,000 $3,000 $2,000 $1,000 $9,000 $6,000 $3,000 Healthy tourism - less than 5 minutes from one of the top convention centers in the United States as well as Levi s Stadium (new 49ers home.) 0 0 Santa Clara Square Orange County California U.S. Santa Clara Square Orange County California U.S. High traffic exposure - almost 230K vehicles pass per day. of customers 61 77% dine out at least once per week % get delivery or take out at least once per week SOURCE: Nielsen Claritas SOURCE: Esri, Irvine Company Retail Marketing Analysis

Average annual spend per person DINING OUT $6,000 $3,000 $5,000 $2,500 $4,000 $2,000 APPAREL SHOPPING Welcome to your town square - a place inspired by the spirit of community and the energy of

4 Strong daytime population and unbeatable employee market. Strong daytime population with over 600,000 employees within a 12-minute drive. Santa Clara County has high annual employment growth of 5.2%, more than California at 3.2% and the U.S. at 2.3%. 47% of the population has a bachelor s degree or higher, making Santa Clara the fifth most-educated county in the U.S. Top employers in the area include: Apple Applied Materials Cisco Systems ebay Google Hewlett-Packard Intel Yahoo SOURCE: U.S. Bureau of Labor Statistics, Esri

Santa Clara County has high annual employment growth of 5.2%, more than California at 3.2% and the U.S. at 2.3%.

5 Demographics minute 10 minute 12 minute MENLO united states PARK EAST PALO ALTO POPULATION 215, , ,012 N/A PALO ALTO 680 HOUSEHOLDS 79, , ,040 N/A MILPITAS STANFORD MEDIAN AGE G6 237 TOTAL BUSINESSES 12,114 29,775 42,651 N/A TOTAL EMPLOYEES 212, , ,601 N/A BACHELOR S DEGREE OR HIGHER AVERAGE HOUSING VALUE 47% $507,061 44% $518,774 43% $549,823 28% 280 $182,060 LOS ALTOS HILLS MOUNTAIN VIEW SUNNYVALE G6 101 G4 EAST FOOTHILLS AVERAGE HH INCOME $108,094 $102,629 $105,735 $71, HH INCOME BY % LOYOLA 82 SANTA CLARA 87 $75,000 $99,999 13% 13% 13% 12% SAN JOSE G2 $100,000 $149,999 20% 18% 18% 12% $150,000 $199,999 11% 10% 10% 5% DEVELOPMENT CUPERTINO 82 $200, % 11% 11% 5% 8 MINUTE DRIVE 10 MINUTE DRIVE 85 G4 FRUITDALE 101 HHI $75,000 AND MORE HHI $100,000 AND MORE 55% 42% 52% 39% 52% 39% 34% 22% 12 MINUTE DRIVE SARATOGA G2 CAMPBELL SOURCE: Nielsen Claritas

36 39 G6 237 TOTAL BUSINESSES 12,114 29,775 42,651 N/A 82 880 TOTAL EMPLOYEES 212,662 463,853 603,601 N/A BACHELOR S DEGREE OR HIGHER AVERAGE HOUSING VALUE 47% $507,061 44% $518,774 43% $549,823 28%

6 Tourism and conventions. Conventions Over 300 conventions annually. Nine large hotels near Santa Clara Convention Center. 3,800 hotel rooms in Santa Clara. Levi s Stadium 1.85M sq ft stadium with over 68K seats. 110,000 sq ft of event space hosting groups up to 10K. The new home of the San Francisco 49ers. The stadium will also host year - round events including soccer, college football and concerts.

Levi s Stadium 1.85M sq ft stadium with over 68K seats.

7 US Route ,000 ADT Scott Boulevard Bowers Avenue 38,570 ADT

8 Office. Residential. One 8-story and two 6-story buildings with 608,000 sq ft of space, where Ericsson will be based. Five 6-story buildings with over 1 million sq ft of campus Class A office space in development. Residential development of approximately 2,000 residential units. Approximately 4,000 residents. Approximately 6,500 employees.

9 BOWERS AVENUE AUGUSTINE DRIVE MONTGOMERY DRIVE 120,000 sq ft of retail space for grocery, dining and shopping. Anchored by a 50,000 sq ft flagship Whole Foods Market. Almost 230,000 vehicles pass by each day. Projected opening Summer SCOT RESTAURANT CLUSTER T BOU SPECIALTY MARKET LEVAR Santa Clara Square Marketplace D RETAIL MAIN STREET

Almost 230,000 vehicles pass by each day. Projected opening Summer 2016.

10 Apartment Retail For more than 15 years, Irvine Company is Silicon Valley s premier provider of highperformance workspaces, resort-style apartments and retail shopping. Since 1864, the Irvine Company has not only shaped the geographic landscape but continues to infuence the quality and consistency of life in and beyond our developments. With operations throughout coastal California, Irvine Company brings balanced, sustainable communities to life, with a full range of housing, office, retail centers, schools, recreation and permanently preserved open spaces. New Homes Office Resorts

Since 1864, the Irvine Company has not only shaped the geographic landscape but continues to infuence the quality and consistency of life in and

11 MARKETPLACE ShopIrvineCompany.com SantaClaraSquare.com The Irvine Company, LLC, All rights reserved. The Irvine Ranch is a registered trademark of Irvine Company. This information is compiled from data to be correct, but this Company makes no representation or warranty as to the accuracy or completeness of such data. All properties are offered for lease by Irvine Realty Company, a licensed real estate broker. Lic

This information is compiled from data to be correct, but this Company makes no representation or warranty

A SPECTRUM OF OPPORTUNITY

THE COLLECTION A SPECTRUM OF OPPORTUNITY In the heart of Orange County as part of the renowned master-planned Irvine Ranch, lies an area featuring a mix of residential, office, top-quality schools, medical