The Whats , Whys and Hows of Hispanics & Latinos’ involvement in Clinical Research
North Riverside Park Mall is not Million · retail spending Latinos spend 14% more on shopping...
Transcript of North Riverside Park Mall is not Million · retail spending Latinos spend 14% more on shopping...
North Riverside Park Mall is not
your average super regional mall.
It is a thriving one-of-a-kind property
uniquely suited to serve a diverse
and growing market.
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annual visitors
12Million
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THIS IS NORTH RIVERSIDE PARK MALL North Riverside Park Mall is a two-level, enclosed 1.1 million SF
super regional shopping center less than 4 miles from
Chicago that attracts 12 million visitors annually.
AN EXTREMELY DENSE TRADE AREA
- Primary trade area population surpasses the U.S.
benchmark by 64%
- 41.7% of households have children
DIVERSE SHOPPER DEMOGRAPHICS
- 44.4% Hispanic or Latino
- 26.9% African American/Black
- 23.9% Caucasian/White
Strong Sales $500+ per square foot
High Occupancy 98% leased
Property Footprint 1,111,322 square feet
2,647,475
$76,585
10 Mile3 Mile
236,753
$73,485
652,211
$72,766
5 Mile
Trade Area Population
Average HH Income
THE TRADE AREANorth Riverside Park Mall is perfectly suited to the trade
area’s unique demographics.
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CHICAGO
CICERO
BERWYN
OAK PARK
Little Village
MacNeal Hospital
LoyolaUniversityMedicalCenter
West Cermak Road
Har
lem
Ave
nue
Harlem Irving Plaza
Fashion Outletsof Chicago
Oakbrook Center
Brookfield Zoo
population growth in Berwyn from 2000 – 20145%
Traffic Counts:WEST CERMAK ROAD: 31,500 CPD
HARLEM AVENUE: 33,400 CPD
THE GEN Z-ERTRENDY, CONNECTED, SPORTY
Status: Single
Age: 17
Residence: Her parents’ house in Cicero
Occupation: High school student
Favorite Brands: Nike, PINK, Hot Topic
Indulgence: The new Jordan drop from House of Hoops
Into: Snapchat
THE MILLENNIALSTYLISH, ACTIVE, SOCIAL
Status: Engaged
Age: 30
Residence: Shares an apartment with her fiancé in Cicero
Occupation: Paralegal
Favorite Brands: Forever 21, Express, Victoria’s Secret
Indulgence: Concert tickets
Into: The athleisure trend
THE YOUNG FAMILYECONOMICAL, PRACTICAL, FUN-LOVING
Status: Married with small children
Age: 34
Residence: House in Cicero
Occupation: Executive assistant, Bank teller, Pharmacy tech
Favorite Brands: Carson’s, H&M, Bath & Body Works
Indulgence: Date night without the kids
Into: Trying new local resturants
THE WORKING MOM BUSY, MOTIVATED, ON A BUDGET
Status: Single with children
Age: 32
Residence: Apartment in Berwyn
Occupation: Nurse, Teacher
Favorite Brands: Old Navy, The Children’s Place, Payless ShoeSource
Indulgence: Girls’ Night Out
Into: North Riverside Park Mall Kids Club events
L A FAMILIAFAMILY-FOCUSED, BRAND-CONSCIOUS, VALUE-DRIVEN
Status: Married with children
Age: 36
Residence: House in Berwyn
Occupation: Uber driver, Mechanic, Police officer
Favorite Brands: Foot Locker, JCPenney, Aeropostale
Indulgence: Spending the day shopping and dining as a family at North Riverside Park Mall
Into: Hosting Sunday family dinners
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THE SHOPPERThese are the people who love to visit
North Riverside Park Mall
SERVING THE HISPANIC MARKETThe primary trade area is largely Hispanic, giving
North Riverside Park Mall a unique opportunity to cater
to this audience.
STRATEGIC TENANT MIX
Hispanics spend more on food with a higher average monthly
food budget than any other segment.
El Milagro Authentic Mexican cuisine
La Michoacana Mexican real-fruit ice cream
BILINGUAL COMMUNICATION
All signage throughout the property, as well as the mall
website, has dual messaging in both English and Spanish.
$1.5 trillion spending power represented by Hispanics
By 2023, the Hispanic market will account for 20% of total retail spending
Latinos spend 14% more on shopping trips
Hispanics will account for more than half of all population growth by 2020
trade area population that is Hispanic or Latino, while the regional average is only 7.3%
of the Hispanic marketis Millennial or younger
44%
60%
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PREMIUM RETAIL CONCEPTSSporting goods are big business in the Chicago area, thanks
to a passionate basketball fan base and the popularity of
Chicago Bulls legend Michael Jordan.
North Riverside Park Mall is one of the only Chicago
destinations that offers sporting good concepts that stock
exclusive and limited-edition Nike Jordan products.
These stores cater to the “sneakerhead” culture, in which it’s
common to plan for months in advance and even camp out
overnight to get their hands on Nike’s latest release, which is
typically manufactured in very limited quantities.
House of Hoops by Foot Locker
Nike Yardline at Champs Sports
Flight 23 at Footaction
Kids Foot Locker Fly Zone
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ANCHORS
Carson’s
JCPenney
Sears
JUNIOR ANCHORS
H&M
Forever 21
Old Navy
KEY TENANTS
PINK
Express
Windsor
Starbucks
White Barn Candle Co.
Bath & Body Works
Foot Locker
ENTERTAINMENT
Classic Cinemas
Round One (Coming 2018)
A strong mix of trend-driven retailers appeal to the property’s young shopper.
$82.55average
expenditure per visit
of all mall expenditures are made by shoppers 12 – 34 years of age.
55%
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A ROBUST KIDS CLUB North Riverside Park Mall is known for its extremely
popular Kids Club program, which boasts an enrollment
of 3,500 children.
Four highly-anticipated sponsored events throughout the year
draw an average attendance of 650 – 900 per event, complete
with live entertainment, free giveaways, costume characters
and prize drawings.
Additionally, a new, state-of-the-art safari-themed play area is
a big draw for local families.
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The Feil Organization is a private, established commercial real
estate firm headquartered in New York City. A powerful force in
real estate for over 60 years, the company owns and operates a
nationwide portfolio of over 26 million square feet of retail and
commercial space, and over 5,000 residential rental units. The
Feil Organization also maintains regional offices in Chicago,
New Orleans, St. Petersburg and Long Island.
LEASINGROB EBEL
708.442.7605
HARVEY AHITOW
708.442.7605
7501 West Cermak RoadNorth Riverside, IL 60546
NorthRiversideParkMall.com 708.442.1111
/NRPMall