M E T R O P O L I T A N
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1 METROPOLITAN
2 PROJECT Located in the heart of Midtown Charlotte, N.C., Metropolitan is the first urban mixed-use destination in the Queen City. With nearly 172,000 square feet of high-quality dining and shopping, this outdoor center is populated by a dynamic mix of national retailers and specialty stores as well as a strong variety of restaurants unique to the market. Metropolitan is a hub of constant activity and an outstanding place to dine, shop, work and unwind. SITE FACTS ESTIMATED POPULATION , ,041 5-year growth 6.3% Metropolitan also consists of a 10-story, 170,402-square-foot LEED-certified office building, 101 residential units and a six-level parking structure with 1,150 parking spaces. Metropolitan is shadow anchored by a 136,000-square-foot Target, a top-performer in the Charlotte area, with an adjacent three-level parking deck. ESTIMATED HOUSEHOLDS , ,482 5-year growth 6.5% LOCATION Metropolitan has redefined Midtown Charlotte and weaves together Uptown s central business district with the area s two major hospitals and the affluent historic neighborhoods of Myers Park, Eastover, Dilworth and Elizabeth. Metropolitan s location provides immediate access to I-277 and the major commuting routes into the city center. At ground level, Little Sugar Creek Greenway borders Metropolitan and is the centerpiece of what will be a 19-mile pedestrian and bicycle trail extending from Uptown Charlotte to the South Carolina line. AVERAGE HOUSEHOLD INCOME 2014 $73, $79,620 5-year growth 8.4% TRADE AREA Charlotte, the second-largest banking center in the U.S., is the largest metropolitan area between Washington, D.C., and Atlanta and attracts nearly 100,000 newcomers each year, adding to a population base of 2.2 million. Daytime activity is a market in itself with 60% white-collar employment within 7 miles, and a daytime population of more than 320,000 inside 15 minutes of Metropolitan. The 10-story office tower at Metropolitan employs more than 450 employees. Source: U.S. Census Bureau and Applied Geographic Solutions, 2014; 7-mile radius CHARLOTTE, NC
3 CAROLINA PANTHERS STADIUM CENTRAL PIEDMONT COMMUNITY COLLEGE METROPOLITAN CHARLOTTE DOUGLAS INTERNATIONAL AIRPORT LITTLE SUGAR CREEK GREENWAY CAROLINAS MEDICAL CENTER QUEENS UNIVERSITY OF CHARLOTTE METROPOLITAN NOVANT HEALTH / PRESBYTERIAN HOSPITAL Population Density One Dot = 100 people Average HH Income By Block Groups $100,000 or more $75,000 to $100,000 $50,000 to $75,000 $30,000 to $50,000 Less than $30,000 Map data 2013 Google
4 EASTOVER NEIGHBORHOOD MYERS PARK NEIGHBORHOOD DILWORTH NEIGHBORHOOD 28,300 CPD CHARLOTTETOWNE AVENUE 16,700 CPD KENILWORTH AVENUE S KINGS DRIVE 16,200 CPD ,000 CPD
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7 METROPOLITAN Total Size: 342,402 sq. ft. (office and retail) ANCHORS: RESTAURANTS: Best Buy (30,000 sq. ft.) Marshalls (32,967 sq. ft.) Staples (20,490 sq. ft.) CherryBerry* Dressler s* Hickory Tavern La Paz* Pisces Sushi Bar* Pizza Fusion* Tastebuds Popcorn Tropical Smoothie Café Vivace* Which Wich Zoës Kitchen SPECIALTY SHOPS: OFFICES: Lipp Boutique SuperGreen Solutions Aon Cherry Bekaert LLP Lotus Boutique Trader Joe s AvidXchange, Inc. Collett and Associates Metropolitan Cleaners West Elm* Carolinas HealthCare System NewDominion Modern Salon & Spa Xtend Barre Silverfly *EXCLUSIVE TO THE MARKET
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9 OUR MANAGEMENT PHILOSOPHY Our commitment is to creating community environments that are crafted for long-term growth. We recognize that the consumer is choice-driven with a desire for quality shopping, dining and entertainment all in one convenient location. Therefore, we specialize in managing multiuse destinations so that retail, recreation and business flow together, maximizing the synergies between lifestyle components to create an enjoyable atmosphere where customers can shop, dine, live, work and play. Central to our philosophy is the desire to shape a destination of substance that s responsive to the needs of both the market and the community. We create true gathering places by crafting an ideal mix of shopping, social and professional venues in a beautifully landscaped, architecturally pleasing and well-maintained environment. The combination of high-demand retail, restaurants and entertainment, which might also include Class A office space, a residential component and service providers, delivers the ideal opportunity for customers and businesses to positively experience all that we have to offer. This is a proven formula for success for the consumer and businesses, helping to fulfill our mission of improving the quality of life in the communities we serve.
10 2222 ARLINGTON AVENUE BIRMINGHAM, AL PHONE BAYER
SITE FACTS PROJECT LOCATION
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