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COMMERCE TOWNSHIP, MICHIGAN FIVE MAIN & SHOP DINE ENTERTAIN

Transcript of SHOP DINE ENTERTAINenvisionrealtyadvisors.com/property-listings/RBAA... · dine and play. Dozens of...

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COMMERCE TOWNSHIP, MICHIGAN

FIVE MAIN&S H O P D I N E E N T E R TA I N

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A new 350,000 square foot retail and entertainment district in affluent Commerce Township, Michigan...

...FIVE & MAIN, nestled amongst the lakes of beautiful Western Oakland County, will become one of the area’s prime retail and entertainment hubs; a place where people from across the region shop, dine and play.

Dozens of local, regional, and nationally renowned shops, restaurants, entertain­ment venues, and lifestyle services will gather together in an architecturally rich outdoor destination that takes full advantage of the natural elements and incorporates artful and interactive public spaces.

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Public Gathering Places

Play Areas

Convenient Parking

Public Amenities

Public Art

Al Fresco Dining

Kid’s Club

Farmer’s Market

Fashion Events

Halloween Parade

Holiday Lights

and more...

THE ADVANTAGE OF AN OUTDOOR PLACE is that it creates a feeling of ownership amongst its users. We want those who visit FIVE & MAIN to think of it as their town.

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MERCHANDISING CATEGORIES

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10.23.2017PAGE

1LEASE PLAN

ENTERTAINMENT 78,449 SFRESTAURANT 82,701 SFSPECIALTY FOOD & BEV 30,636 SFFASHION 92,064 SFWELLNESS & BEAUTY 36,768 SFHOME 36,315 SFTOTAL 356,933 SF

MERCHANDISING PLAN AND LANDSCAPING PLAN SHOWN BASED UPON CONCEPTUAL DESIGN AND IS SUBJECT TO MODIFICATION THROUGHOUT SUBSEQUENT DESIGN PHASES.

NOTE:

21.99 %23.17 %

8.58 %25.79 %10.30 %10.17 %

100 %PARKING REQUIRED (@4.5/1000) 1,606 SPACESPARKING PROVIDED 1,696 SPACES

TABULATIONS

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SHOP WITH US

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DINE WITH US

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PLAY WITH US

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DISCOVER US

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WHY COMMERCE TOWNSHIP?Over the past forty years some of the area’s most successful engineers, entrepreneurs and other professionals have migrated to live and spend their free time on and around one of the many lakes that dot western Oakland County. The lake-life on the west side is defined by long-standing country clubs, sailing, fishing, and year-round outdoor activities.

The obvious missing piece on the west side of Oakland County has been an outdoor community hub like the city of Birmingham on the east side.

Now that this region has expanded and become increasingly connected to other nearby affluent communities, there is both a need and the economic might to pull together a central gathering place such as what FIVE & MAIN intends to be.

SITE

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The Village ShopsCommerce Township, Michigan

CONTEXT PLAN 01.26.2016PAGE

3

5

NORTH

N.T.S.

FIVE & MAIN is located in Commerce

Township at M-5 and Pontiac Trail. This

location allows for easy access to close-in

communities including Commerce Charter

Township, Orchard Lake Village, West

Bloomfield Township, Walled Lake, Keego

Harbor, and Sylvan Lake; as well as the

ability to funnel from the major highways

from as far away as Milford and Brighton

to the West, Bloomfield Township to the

East, and Novi, Northville, Plymouth, and

Livonia to the South.

LOCATION & ACCESSIBIL ITY

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Average Household Income: $103,000

Households: 175,185 (32% with children)

Population: 425,000+

Median Age: 42

Education: 48.2% of adults over 25 years of age have a Bachelor’s Degree or higher

Top 10 TapestryTM Segments (source Esri):

DEMOGRAPHICS

SITE

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Detroit, MI Outdoor: Downtown Birmingham Indoor: The Somerset Collection

Columbus, OH Outdoor: Easton Town Center Indoor: Polaris Fashion Place

Minneapolis, MN Outdoor: 50th and France Indoor: Edina Galleria

Hartford, CT Outdoor: Blue Back Square Indoor: Westfarms Mall

Boston, MA Outdoor: Derby Street Shoppes Indoor: South Shore Plaza

LIFESTYLE CENTER POPULATIONAVERAGE

HOUSEHOLD INCOME

Southlake Town Center, TX 386,704 $111,563

Town Center Leawood, KS 160,433 $110,929

Deer Park Town Center, IL 486,626 $106,664

Five & Main, MI 425,076 $103,486

The Avenue of East Cobb, GA 359,390 $103,044

Geneva Town Center, IL 239,777 $102,924

Derby Street Shoppes, MA 288,401 $97,829

Promenade at Sagemore, NJ 591,656 $92,922

The Village of Rochester Hills, MI 421,338 $92,100

The Summit Birmingham, AL 328,981 $87,904

Aspen Grove, CO 604,116 $80,433

Lifestyle Center Comparisons:

In affluent communities across America, people today demand and support a variety of INDOOR and OUTDOOR venues for shopping, dining, and entertainment.

Following are examples of thriving communities that offer both:

COMPARABLE TRADE AREAS

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PURELY MICHIGAN

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