Lex7 Brochure V7 9 30 16

12
Proposed Neighborhood Retail Center | Ashburn, VA Zoning Approved

Transcript of Lex7 Brochure V7 9 30 16

Page 1: Lex7 Brochure V7 9 30 16

P r o p o s e d N e i g h b o r h o o d R e t a i l C e n t e r | A s h b u r n , VA

Z o n i n g A p p r o v e d

Page 2: Lex7 Brochure V7 9 30 16

• Brand new development situated on Route 7 and Riverside Parkway between two major interchanges, and minutes from Leesburg and Dulles International Airport

• Located in Loudoun County, the third fastest growing and second most affluent county in the US

• Going home side with tremendous Route 7 and Riverside Parkway visibility

• Zoning approved September 2016

• Site delivery by Spring 2017 and store openings by late 2017

• Sites delivered rough-graded, with offsite storm water management, utilities and access to the site boundaries

• New road networks greatly enhance access and visibility

NEW RETAIL CENTER IN LOUDOUN COUNTY’S MOST DISTINGUISHED CORRIDOR

R E T A I L | C E N T E R

Page 3: Lex7 Brochure V7 9 30 16

26.4 ACRES PROPOSED MIXED

PROPOSED100 AGE

RESTRICTEDTOWNHOMES

PROPOSED100 ASSISTED LIVING UNITS

WESTERN CONNECTIONTO BE COMPLETED IN 2017

PROPOSEDSUBSTATION

TO BE COMPLETED IN 2017

TO REMAIN OPEN UNTIL EASTERN CONNECTION

COMPLETED

EASTERN CONNECTION TO LOUDOUN COUNTY PKWYTO BE COMPLETED BY 2018

(2014)

R e t a i l | C e n t e r

R E T A I L | C E N T E R

Page 4: Lex7 Brochure V7 9 30 16

PROPOSED CONCEPT PLAN

200 ft. building set back from Rt. 7- ROUTE 7 -

Future Riverside Parkway extension

Future Riverside Parkway extension

Full access intersection with dedicated turn lanes

R E T A I L | C E N T E R

Page 5: Lex7 Brochure V7 9 30 16

PROPOSED ELEVATION

R E T A I L | C E N T E R

Page 6: Lex7 Brochure V7 9 30 16

VIEW FROM ROUTE 7

R E T A I L | C E N T E R

Page 7: Lex7 Brochure V7 9 30 16

VIEW FROM ROUTE 7

SE TO NW SW TO NE

R E T A I L | C E N T E R

Page 8: Lex7 Brochure V7 9 30 16

• Route 7 interchange at Ashburn Village Boulevard and the western connection of Riverside Parkway, is

under construction with completion expected Q3 2017

• Eastern connection of Riverside Parkway (to Loudoun County Parkway) construction will start year-end 2017,

with completion by 2018

• Intersection of Route 7 and Lexington Drive will remain open until eastern connection of Riverside Parkway is

completed

1

2

3

1

2

3

ROAD IMPROVEMENTS PLAN

HIGHLIGHTS:

Page 9: Lex7 Brochure V7 9 30 16

UnderContract

ROAD IMPROVEMENTS AERIAL

Ashburn Village Blvd & Route 7 InterchangeUnder construction – completion 2016

Riverside Parkway Western Connection to Lexington DriveUnder construction – completion 2016

Riverside Parkway Eastern Connection to Loudoun County ParkwayDesign funded and approved. Starting R.O.W. acquisitionCompletion 2018

Lexington Drive & Route 7 – traffic signalIntersection to remain in place until the eastern connection of Riverside Parkway is completed (2018).

Pacific Blvd. extension from Gloucester Parkway to Russell Branch Pkwy.Under construction – completion year-end 2016

R E T A I L | C E N T E R

Page 10: Lex7 Brochure V7 9 30 16

AREA PROJECTS AERIAL

WKY

UnderContract

Landowne Belmont HHMI Lexington 7 One Loudoun Ashbrook Dulles Town Center University Center Erickson Kincora

5,598 homes250,000 SF retail1.9 million SF officeLoudoun Hospital355 room hotel45 holes of golf

90,000 SF retail2,000 homes2 million SF office250 room hotel18-hole golf course

760,000 SFresearch facility500 employees

110 Agre-restricted townhomes100 Assembly units90,000 SF retail

3 million SF office700,000 SF retail300 room hotel10 screen movie theatre1040 homes

800 homes4.5 million SF office

1.2 million SF retail4.5 million SF office1,100 homesHotels

1.2 million SF office70,000 SF retail2 hotels1,950 homesGeorge WashingtonUniversity

2,108 homes 1,400 homes500,000 SF retail4 million SF office2 hotelsPotomac Green

1,473 homesAshburn Village5,110 homes

LOUDOUNHOSPITAL

Page 11: Lex7 Brochure V7 9 30 16

AREA DEMOGRAPHICSPopulation 1 mile 3 miles 5 miles 7 miles2015 Population 7,493 73,736 160,897 273,1242020 Population 8,282 82,367 179,189 300,8122010 Population 6,552 63,000 137,991 237,9192000 Population 4,283 30,427 70,927 145,780Percent Pop Change: 2010 to 2015 14.35% 17.04% 16.60% 14.80%Percent Pop Change: 2015 to 2020 10.53% 11.70% 11.37% 10.14%

Age2015 Median Age 33.66 36.83 36.03 35.792015 Average Age 33.25 35.89 34.83 34.68

Households2015 Households 2,880 26,141 54,143 90,7292020 Households 3,187 28,999 59,876 99,5452010 Households 2,517 22,915 47,542 80,1552000 Households 1,730 10,777 24,737 50,309Percent HH Change: 2010 to 2015 14.45% 14.08% 13.89% 13.19%Percent HH Change: 2015 to 2020 10.66% 10.93% 10.59% 9.72%Average Household Size 2.61 2.83 2.97 3.01

Income2015 Median Household Income $95,917 $121,292 $126,852 $124,7122015 Average Household Income $131,219 $154,890 $159,137 $156,5682015 Per Capita Income $50,441 $54,911 $53,551 $52,010

Housing Units2015 Housing Units 3,000 27,102 55,956 93,904Daytime Employment (Total Employees) 3,905 25,571 81,709 134,107

R E T A I L | C E N T E R

Page 12: Lex7 Brochure V7 9 30 16

F O R S A L E A N D L E A S I N G I N Q U I R I E S :

J O H N R YA NSenior Vice President

+1 703 288 [email protected]

J O E M C D O N N E L LVice President

+1 703 288 [email protected]

C B R E1861 International Drive, Suite 300

McLean, VA 22102+1 703 821 6900

© 2015 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are

service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.

W W W. C B R E. CO M / L E X I N G TO N S E V E N