REDEVELOPMENT - MSC Retail · REDEVELOPMENT CONCORD MALL 4737 Concord Pike (Route 202) Wilmington,...
Transcript of REDEVELOPMENT - MSC Retail · REDEVELOPMENT CONCORD MALL 4737 Concord Pike (Route 202) Wilmington,...
REDEVELOPMENTCONCORD MALLCONCORD MALL4737 Concord Pike (Route 202)Wi lmington, New Cast le County , DE
reDevelopment Overview
• Large scale redevelopment of prime locatedregional mall
• Located in sales tax exempt Delaware,directly across the Pennsylvania state line
• Full interior and exterior renovations
Developed, owned & managed by an affiliate
of Allied Retail Properties
reDevelopment Overview
Planned for a 2019 Delivery
2 / Concord Mall Redevelopment
Renderings
Average household incomebased on the trade area.*
3 / Concord Mall Redevelopment
1908.09.17 19NEW ENTRY OPTION 02
Renderings
The approximate number of people in the Delaware Valley Metropolitan area.
The number of people within the trade area.*
4 / Concord Mall Redevelopment
708.09.17 7NORTHWEST ENTRY PERSPECTIVE 03
IN PROGRESS
1108.09.17 11SOUTHWEST ENTRY PERSPECTIVE 07
IN PROGRESS
908.09.17 9NORTHWEST ENTRY PERSPECTIVE 05
IN PROGRESS
Renderings
Approximate number of employees in the trade area.*
212,000212,000
5 / Concord Mall Redevelopment
Trade Area
Trade Area definedby MSC Retail:
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proposed site plansproposed site plans
Proposed Site Plan
Junior Anchor±15,000 S.F.
Junior Anchor±22,000 S.F.
Junior Anchor±22,000 S.F.
BONEFISH GRILL 5895 S.F.
NEW MALLENTRANCENEW MALL
ENTRANCE
GROCER
±30,000 SF
PROPOSED
PROPOSED PROPOSED PROPOSED
LOADINGLOADING
Available
Existing Retail
1,000 - 25,000 SF AVAILABLE
ALLIED PROPERTIES8 / Concord Mall Redevelopment
market overviewmarket overview
Situated directly off I-95 with convenient access to regional road
networks, Concord Pike (Route 202) and the Wilmington, DE area
have become one of the most sought after retail corridors in the
Delaware Valley in recent years.
Taking advantage of Delaware’s tax free shopping, out of state
customers flock to the market in droves driving retail demand.
On the immediate local level, large employers like JP Morgan supply
the abundant daytime population that supports the robust lunch
business and supplements daily shopping traffic. Additionally, the
area is surrounded by a dense and diverse residential population
providing nights and weekend traffic helping to make Concord Pike/
Wilmington a true seven day retail destination.
WILMINGTON, DEWILMINGTON, DE
10 / Concord Mall Redevelopment
Regional OverviewALLIED PROPERTIES
Direct distance to King of Prussia Mall
20 miles
Direct distance to Christiana Mall
13 miles
20 m
iles
13 m
iles
Christiana Mall
King of Prussia Mall
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ROUTE
92
ROUTE
202
INTERSTATE
495
INTERSTATE
95
Silverside Road 18,968 AADT
Naamans Road 31,258 AADT
Grubb Road
87,436 AADT
15,211 AADT
50,895 AA
DT
Northtowne PlazaShopping Center
Branmar Plaza
Brandywine Town Center
Concord Square
Market Square
Fairfax Shopping Center
TalleyvilleShopping Center
Brandywine Commons
Brandywine Commons II
Concord Gallery
with Gas
F & N Shopping Village
Marsh Road Shopping Center
Concord Mall
ALLIED PROPERTIES Market Overview12 / Concord Mall Redevelopment
FRESH. BOLD. REIMAGINED.
The information contained herein has been obtained from sources deemed reliable. MSC cannot verify it and makes no guarantee, warranty or representation about its accuracy. Any projections, opinions, assumptions or estimates provided by MSC are for discussion purposes only and do not represent the current or future performance of a property, location or market.
For leasing inquiries, contact:
Andrew Shpigel | Retail [email protected]
215.568.2600 x715
Michael Salove | Founding Principal & [email protected]
215.568.2600 x717
Douglas Green | Managing [email protected]
215.568.2600 x718
1845 Walnut Street, 6th Fl | Philadelphia, PA MSCretail.com | @MSC_Retail