OAK PARK MALL - CBL Properties Pa… · OAK PARK MALL Overland Park, KS TRADE AREA FACTS • Highly...
Transcript of OAK PARK MALL - CBL Properties Pa… · OAK PARK MALL Overland Park, KS TRADE AREA FACTS • Highly...
CBL PROPERTIES
OAK PARK MALLOverland Park, KS
HIGHLIGHTS
TRADE AREA 896,149 (2018 est.)
CENTER EMPLOYMENT 2,500 (est.)
YEAR OPENED 1974
NUMBER OF STORES 155
SIZE 1,500,000 square feet
FEATURED STORES Nordstrom, Altar’d State, American Girl, Build-A-Bear Workshop, Coach, Dry Goods, Fossil, Evereve, H&M, Microsoft, LEGO, LOFT, Lolli & Pops, LUSH, Pandora, Starbucks, Swarovski, Victoria’s Secret, Vans, and Oakley
WEBSITE TheNewOakParkMall.com
CBL PROPERTIEScblproperties.com
NYSE: CBL
FOR LEASING:Sara Bailey
p. 636.697.1165 c. [email protected]
CORPORATE OFFICE:CBL Center, Suite 500
2030 Hamilton Place BoulevardChattanooga, TN 37421-6000
423.855.0001
MALL OFFICE:11149 West 95th Street
Overland Park, KS 66214913.888.4400
CBL PROPERTIESOAK PARK MALLOverland Park, KS
TRADE AREA FACTS• Highly educated, over 50% of the adult population in the primary
trade area hold a college or graduate degree, and 96% have graduated from high school.
• Oak Park is centrally located inside the Johnson County Education & Research Triangle, which provides more than $15M per year toward higher education and degree offerings through a unique partnership between Johnson County, the University of Kansas and Kansas State University. The Triangle is on track to generate $1.4B in economic impact through 2030.
• Strong expansion in STEM industry sectors continues to spur housing, population and employment growth in Johnson County. The Mid America Research Council projects the Kansas City Metropolitan Area’s highest rates of growth to be in Oak Park’s primary trade over the next 20 years.
• Major primary trade area employers include Sprint Corporation, Garmin, Black & Veatch engineering, UnitedHealth Group, Kiewit engineering, Bayer, Cigna Healthcare, Waddell & Reed Financial and Alliance Data.
7
Topeka
St. Joseph
Kansas City
OverlandPark
FromDenver
FromWichita
FromSt. Louis
FromDes Moines
FromOmaha
168
50
29
35
70
35
71
69291
169
70
435
335
29
MEDIAN AGE
2018 Estimate 40 38 39
POPULATION TRENDSPRIMARY
TRADE AREASECONDARY TRADE AREA
TOTAL TRADE AREA
2018 Estimate 533,785 362,364 896,149
2023 Projection 561,254 373,479 934,733
2010 Census 487,470 346,806 834,276
2018-2023 % Change 5.15% 3.07% 4.31%
2018 Daytime Population Estimate 355,667 194,217 549,884
AVERAGE HOUSEHOLD INCOME
2018 Estimate $117,854 $84,968 $104,426
2023 Projection $135,436 $98,663 $120,717
2018-2023 % Change 14.92% 16.12% 15.60%
DEMOGRAPHICS
Source: 2010 Census; Scan/US 2018/2023 Estimates