Dayton Market Overview
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Transcript of Dayton Market Overview
Dayton Market Overview
ICSC 2013 Ohio/West Virginia/Indiana/Western Pennsylvania Idea Exchange - August 2013
Presented By: Paul HoweBroker/Owner, Paul Howe Realty
327 Skyland Drive • Bellbrook, OH 45305 • PH: 937.475.1963 • www.paulhowerealty.com • [email protected]
Dayton, OH
Greater Dayton AreaMarket Fast FactsDayton Population• The city of Dayton has a population of 142,148, with 537,602
residents in Montgomery County (2011 data)• Dayton MSA is 1,000,000 including Greene, Miami,
Montgomery and Preble Counties
Major Employers – Wright Patterson Air Force Base, Premier Health, Kettering Health Network, Kroger, Montgomery County, LexisNexis, Sinclair Community College, University of Dayton
Regional Draws - Dayton Dragons, University of Dayton, Wright State University, Five Rivers MetroParks, Dayton Performing Arts Alliance, Dayton Art Institute, National Museum of the USAF
Dayton Area – GROWING!
Market Metro Map
Market Development • The Greene Towne Center
• Cornerstone of Centerville
• Water Street Development
• Austin Landing • The Heights
• Dayton Mall
• The Mall at Fairfield Commons
• Springfield Town Center
• Built in 2006 and comprised of 1.1 million SF of gross leasable area and 206 fully leased residential apartment units
• Located in Beavercreek at I-75 & Indian Ripple Rd.
• Opened 15 new stores in the
last two year period
• Welcomes over 8.6 million visitors annually
• New openings in the last six months include Buckle, Hot Mama, Pies and Pints, Tilly’s and Brighton Collectibles
The Greene Town Center
The Greene Town Center
The Greene Town Center
• New 125 acre mixed use development accommodating retail, restaurant, entertainment, hospitality & professional office users
• 400+ residential units
• Located at I-675 and Wilmington Pike
• Located ¼ mile north of Miami Valley South, a new 268,000 SF hospital and medical complex
• First anchor tenant store open by October 2014
Cornerstone of Centerville
Cornerstone of Centerville
• $36M Luxury Riverfront Mixed-Use Project including 161 residential units and 50,000 SF of commercial/office space in Phase I
• 12,000 SF first floor restaurant and retail space on Patterson Boulevard, river views, outdoor seating. Adjacent to Riverscape MetroPark and Fifth Third Field
• Adjacent parking (320 structured parking spaces)
• Major area employers include Caresource, Premier Health, PNC Bank, Stratacache, Tech Town and multiple law firms
Water Street Development
Water Street Development
• 300,000 SF of office space at 96% occupancy, tenants include Merrill Lynch, Eubel Brady & Suttman, ThyssenKrupp Materials and Wells Fargo
• Kohls, Hilton Garden Inn and Kroger will soon be joined by Panera, TJ Maxx/HomeGoods, Jack’s Pets, Great Clips, Five Guys Burgers & Fries and BJ’s Restaurant & Brewhouse, slated to open in early fall
• Regal RPX cinema in Ohio, along with the village area of retail and restaurants will begin on Nov. 1 and be completed by Fall 2014
• On the south side of Austin Boulevard, construction is starting soon on a mid-size box center and two substantial medical related projects
Austin Landing
Austin Landing
Austin Landing
• 142 acre mixed use development featuring entertainment, restaurant, retail, hospitality, office & medical uses
• Construction beginning on a outdoor, fully covered music center and a GoodSports facility with a full service hotel to be complete by fall 2014
The Heights
The Heights• 15 minutes north of Dayton
at I-70 and SR 201 in Huber Heights
The Heights
• 1,417,138 SF of gross leasable area including a 97,000 SF open-air center completed in 2006
• Currently 93% leased
• Located in the South Dayton market at the intersection of SR 741 & SR 725 just east of
I-75
• 30,000 SF of construction for remodels, expansion, and new tenancy for the remainder of 2013 and into 2014
• New tenants include Dick’s Sporting Goods, HH Gregg, Dress Barn, G&G Perfume, The Oil Bar, iLaser Jewelers, Sweet Sensations, T-Shirt Factory, Diamond Plaza, Snob Boutique, and Pinot's Palette
Dayton Mall
Dayton Mall
• 1,138,303 SF of gross leasable area
• Currently 90+% leased
• Located in the Dayton-Springfield metropolitan market on N. Fairfield Rd. just south of I-675
• New tenants include Cinnabon, Nori Japan, Crazy 8, ps from aeropostale, Dolce Mio, Toys R Us Express, XD Max, Jubals
• Renovations and expansions over the past year include Justice, Deluxe Nail Spa, Build-A Bear Workshop, Buckeye Room
Mall at Fairfield Commons
EB For Her
EB Men’s, Kid’s and Home
Mall at Fairfield Commons
• Springfield Town Center Phase II will be an new retail development anchored by Wal-Mart Supercenter and Home Depot located on North Bechtle Avenue, right off Route 68
• Lowes, Kohl’s, Meijer, Target, Best Buy, Michaels, Bed Bath and Beyond, Marshall’s and Ashley Furniture are located in this retail area
• Phase II will build on success of Phase I which includes Buffalo Wild Wings, Glamour Nails, Sport Clips, and Sleep Outfitters
Springfield Town Center
Springfield Town Center
2013/2014 New/Expanding
New/Expanding Retailers and Restaurateurs
For further detail on a specific tenant shown please visit the ICSC website for contact and site expansion information
http://www.icsc.org/
New/Expanding Retailers
New/Expanding Retailers
New/Expanding Retailers
New/Expanding Retailers
New/Expanding Restaurants
New/Expanding Restaurants
New/Expanding Restaurants
Thank you!
For a copy of this presentation or to further explore the Dayton Market, please feel free to contact me.
Paul Howe – [email protected]
327 Skyland Drive • Bellbrook, OH 45305 • PH: 937.475.1963 • www.paulhowerealty.com • [email protected]