fun. fashion. food. films. lifestyle Unique offerings that - - PowerPoint PPT Presentation

fun. fashion. food. films.

Unique offerings that reflect Charlottesville’s individuality.

lifestyle

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BLUEMERCURY L'OCCITANE EUROPEAN WAX CENTER PIER1 IMPORTS POTTERYBARN WILLIAMS SONOMA HAIR CUTTERY RED HANDED NAIL SALON & SPA FACE VALUE SALON CRATE & MARROW COSTCO WHOLESALE TRADER JOE'S

2016 Trade Area Total Spent

• n Sports & Recreation

$1.5 M+

A retail collection reflecting Charlottesville’s distinct style.

fashion

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ALTAR'D STATE KENDRA SCOTT L.L.BEAN LULULEMON MONKEE'S ALEX AND ANI BROOKS BROTHERS MINCER'S VINEYARD VINES FEDORA COUNTRY CLUB PREP

2016 Trade Area Total Spent on Apparel & Services.

$93 M

BURTONS GRILL BURGER BACH TRAVINIA BJ'S BREWHOUSE ROCKSALT UNCLE MADDIO'S PIZZA DUCK DONUTS MEZEH GRIT MISSION BBQ QDOBA

Artisanal flavors served in sophisticated surroundings.

DINING

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2016 Trade Area Total Spent

• n Food Away from Home.

$143 M

The area’s only IMAX experience.

Whether it’s a high-energy action adventure or a poignant love story, people love a great show and Regal Cinemas knows how to deliver. Regal Entertainment Group has a proud history of delivering great entertainment to the public in their state-of-the-art cinemas. With more than 6,587 screens in 523 theaters, Regal has a reputation as a leader in the entertainment

• industry. Bringing box office hits to the public in 37

states and the District of Columbia, the new Regal Stonefield Stadium 14 & IMAX is the largest theater within 60 miles and will bring over 800,000 patrons a year to Stonefield. 6

Trade Area Entertainment & Recreation 2016 Total Spending

$128 M

growing retail market

RETAIL DEMAND City of Charlottesville retail vacancy rate is 3.9% and has decreased by 50% over the past 4 years. Charlottesville MSA retail vacancy rate is 4.4% as compared to 6.8% in the state of Virginia LOW SUPPLY Charlottesville MSA has 14 retail SF per capita vs the national average of 23 SF RETAIL VOLUMES National and Regional Retailers consistently

• utpace their national averages in sales per

square foot 7

college town stability A growing economy

#2 IN THE NATION UVA is ranked the #2 Top Public University and the #5 US undergraduate business school with 33,328 students, faculty and staff $1 BILLION Total UVA Expenditures Impact on Local Economy is approx. $1 Billion $122 MILLION Annual expenditures from UVA visitors equates to $122mm TOP EMPLOYERS University of Virginia, UVA Hospital, UVA Research & Development, Federal Government (DIA / NGIC), Northrop Grumman, State Farm Insurance 3.7% UNEMPLOYMENT Charlottesville MSA 3.7% unemployment rate vs. National unemployment rate of 5.5% Charlottesville has consistent job growth at 4.49% in 2014 Out of 133 localities, Charlottesville and Albemarle County were in the top ten for visitor expenditures and job creation RISE OF CREATIVE CLASS 40% of the population in Charlottesville is part of the Creative Class The tech sector accounts for a $4.4 Billion annual impact to the local economy 107 new startups were founded in Q4 2012 Charlottesville is home to 5 of the fastest growing companies in the US 8

Annual Student Spending

$220 M

THE SHOPS AT STONEFIELD 9

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healthy affluent well educated

COLLEGE EDUCATED Residents of the Charlottesville area are very well educated. 49% of the population have a Bachelor Degree or Higher as compared to the National Average of 28%. HEALTH & WELLNESS Charlottesville is consistently ranked as

• ne of the healthiest cities in the US and is

home to top-ranked health care facilities. UVA Health Systems has 5 departments ranked in the top 50 in the US. $8.8 BILLION Charlottesville boasts $8.8 billion in retail expenditures per year. 207 SPI The Spending Potential for Apparel Goods is 107% higher than the National Average. 137 SPI The Overall Spending Potential Index (SPI) is 37% higher than the National Average. $93 MILLION The Trade Area spent $93mm on Apparel Goods and $32mm on Personal Care & Associated Products in 2016.

2016 Trade Area Total Spent on Education

$73 M

tourism fuels spending

$553 MILLION The USTA data shows that tourism is an important contributor to the local economy, bringing in $553 million in 2014, which was an increase of $29 million compared to 2013. $30 MILLION Tourism revenues for Charlottesville and Albemarle County went up by almost $30 million in 2014 500K ANNUAL TOURISTS Popular Destinations: Monticello, UVA, Michie Tavern, 29 wineries/breweries, Wintergreen Resort and Ashlawn-Highland are the top tourist destinations CULTURE: ARTS & MUSEUMS Charlottesvile is home to world class steeplechase horse racing, dozens of art museums, the Virginia Film Festival and the JPJ Arena (#1 concert venue in central VA) The arts community accounts for $114 Million in annual economic activity 1

2016 Total Population 2016 Average HHI 2021 Projected Median HHI 2016 Median Age 2016 Total Households 2021 Projected Population 2021 Projected Households Within 15 minutes of The Shops at Stonefield:

105,795 $81,145 $87,168 31.5 42,144 113,157 45,206

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trade area demographics

OWNED BY: O’Connor Capital Partners 535 Madison Avenue, 6th Floor New York, NY 10022 (212) 546-0899 leasing@oconnorcp.com www.oconnorcp.com

Route 29 & Hydraulic Road Charlottesville, Virginia 22901 www.shopsatstonefield.com