NORTHWEST KANSAS CITY 95th & metcalf THE PLACE. THE PEOPLE. THE PLAN. WYANDOTTE COUNTY NORTH JOHNSON COUNTY SOUTH JOHNSON COUNTY SOUTH KANSAS CITY
95th & metcalf THE PLACE. THE PEOPLE. THE PLAN. POISED TO BE THE DOMINENT RETAIL, RESTAURANT, ENTERTAINMENT, RESIDENTIAL AND OFFICE DEVELOPMENT IN NORTHERN JOHNSON COUNTY 30+ CONTIGUOUS ACRES IN THE HEART OF OVERLAND PARK One of the strongest retail and demographic trade ares in the country IMMENSE SPENDING POWER Johnson County boasts the highest median income and highest per capita income in a six state area INCREDIBLE SCHOOL SYSTEM Highest rated schools in the Metro area continue to bring new and thriving families to this infill neighborhood 95th St. - 30,055 VPD Lamar Ave. th & metcalf 95THE PEOPLE. THE PLACE. THE PLAN. IMPRESSIVE DRIVE TIME REACH Twenty-five percent of the entire metro population lives within a 15-minute drive, and over forty-five percent lives within a 20-minute drive of the site. PRIME VISIBILITY Over 76,000 CPD pass directly in front of the site on Metcalf Avenue and 95th Street. Metcalf Ave. - 46,383 VPD 103rd St. 1.4 mi 146,000 VPD
95TH & METCALF 3 Shawnee Mission Pkwy. Mission Rd. Ward Pkwy. Wornall Rd. State Line Rd. Roe Ave. Nall Ave. Metcalf Ave. 75th St. Downtown Overland Park Ward Pkwy. Center Oak Park Mall Sales PSF: $495 95th St. th & metcalf 95THE PEOPLE. THE PLACE. THE PLAN. 1 mile 3 miles Town Center Plaza 119th St. 5 miles 135th St. 135th St. Corbin Park PrairieFire
95 th & metcalf THE PLACE. THE PEOPLE. THE PLAN. NORTHERN JOHNSON COUNTY TRADE AREA JOHNSON COUNTY, KS Johnson County boasts the Highest Median Income and Highest Per Capita Income in the 6 state area (KS, MO, AK, OK, IA, NE). OVERLAND PARK, KS Overland Park, Kansas is consistently named in Money Magazine s Best Cities in the US to Live, most recently as #9 in 2012. Top 10 Small Cities for Quality of Life Top 10 Cities for Financial Services Jobs 95TH AND METCALF Shawnee Downtown Plaza Independence Lenexa Olathe Overland Park Raymore/Belton DRIVE TIME DEMOGRAPHICS DRIVE TIME 10 MIN 15 MIN 20 MIN Total Population 213,847 570,864 958,113 Total Households 95,378 235,341 389,885 Avg. HH income $85,681 $84,996 $74,903 Summi t RADIUS DEMOGRAPHICS 3 MILES 5 MILES 7 MILES Total Population 89,363 251,062 441,197 Total Households 39,594 112,246 189,518 Avg. HH income $79,244 $84,845 $87,869
95TH & METCALF 5 DENSE SUBURBAN POPULATION Number one out of 12 top KC metro retail locations by population: 1 mi 5 mi 95TH AND METCALF 12,268 251,062 135th and I-35 10,956 164,356 95th and Quivira 10,500 225,386 119th and Black Bob 10,364 223,289 135th and Metcalf 9,965 189,094 Ward Parkway Center 9,365 228,888 I-29 and Barry Rd 9,350 89,697 119th and Roe 7,251 197,590 COMPARABLE RETAIL CORRIDORS Suburban infill sites in metropolitan areas 1. Colorado Blvd. & Mississippi - Denver, CO 2. Arapahoe & University - Centennial, CO 3. Northwest Hwy. & Pennsylvania - Oklahoma City, OK 4. 72nd & Dodge - Omaha, NE 5. Sawmill Road & Granville - Dublin, OH 6. Willow Rd. & Waukegan - Northbrook, IL 7. Route 65 & Naperville Rd. - Wheaton, IL 8. Alameda & Wadsworth - Lakewood, CO 9. Brentwood & Clayton Rd. - Clayton, CO 10. 86th & Keystone - Indianapolis, IN I-35 and Johnson Dr 6,860 208,704 I-35 and Hwy 152 4,577 79,932 Summit Woods Crossing 3,088 101,778 SUPERIOR DEMOGRAPHICS 500,000 400,000 300,000 Total Population 3 Miles 5 Miles 400,000 350,000 95th & Metcalf 135th & Metcalf 95th & Quivira 200,000 100,000 0 95th & Metcalf 1 2 3 4 5 6 7 8 9 10 300,000 250,000 200,000 150,000 100,000 $160,000 $160,000 $140,000 $120,000 $100,000 $80,000 $60,000 $40,000 $20,000 Average HH Income 3 Miles 5 Miles 0 Population Households Daytime Pop Population Households Daytime Pop 0 95th & Metcalf 1 2 3 4 5 6 7 8 9 10 5 miles 7 miles
95th & metcalf THE PLACE. THE PEOPLE. THE PLAN. HIGHLY EDUCATED Eighty percent of the surrounding population is college educated, well over the Kansas City MSA and national averages. 95th & Metcalf: 80.1% KC Average: 62.6% US National Avg.: 57.0% WELL EMPLOYED The immediate surrounding community has a higher white collar population as compared to the Kansas City Metropolitan average 78% within 3 miles vs. KC Metro 64% IMMENSE SPENDING POWER The average disposable income in a 5-mile radius is $63,630 -- almost $10,000 more than the Kansas City Metro average. Households that make up 50% of all income in the KC metro are located within a 20 minute drive. STABLE, SUPPORTIVE NEIGHBORHOOD AND SUPERIOR SCHOOLS The surrounding neighborhoods are made up of both young and mature familes and prosperous empty nesters, leading to a stable, involved community with high property value and low crime. Overland Park schools are consistently rated in the top schools in the United States in academics, acheivements, and education. Most recently, Shawnee Mission School District was a 2014 recipient of the Presidential Award for Excellence in Mathematics and Science Teaching, and three of the five high schools were named in The Washington Post s Top High Schools in the Nation. These rankings continue to draw young and new families into the inner-suburbs of the Metro.
HIGHEST HH INCOME BY COUNTY IN THE KANSAS CITY METRO th & metcalf 95THE PEOPLE. THE PLACE. THE PLAN. Average HH Income $96,000 or more $72,000 - $95,999 $55,000 - $71,999 $39,000 - $54,999 Less than $39,000
95 th & metcalf THE PLACE. THE PEOPLE. THE PLAN. PROJECT AREA Metcalf Avenue 95th Street Sears Owned Parcel (Not Included)
From the KC Business Journal LANE4 Aquires Metcalf South, 95West Shopping Centers 95TH AND METCALF IN THE NEWS Lane4 Property Group Inc. has teamed with the Kroenke Group of Columbia to buy two prime but largely vacant retail properties at 95th Street and Metcalf Avenue in Overland Park. The properties are the Metcalf South Mall at the southeast corner of the intersection and the 95 West Shopping Center (originally known as the French Market) at the northeast corner of the same intersection. Kmart recently vacated the 95 West Shopping Center. MD Management sold both properties. The deal includes the Metcalf South building housing Macy s, which recently announced plans to close, and the still-operating Red Lobster and Olive Garden restaurant properties, for a total of 62.11 acres. It does not include the Sears building at Metcalf South, which is owned and operated by Sears. Originally opened in 1967, the Metcalf South Mall and 95 West Shopping Center were developed by Frank Morgan and Sherman Dreiseszun, who later formed MD Management. The 95th & Metcalf intersection was, and still is, considered one of the busiest intersections in the metropolitan area. Metcalf South was one of the first malls of its kind in the United States and for many years anchored by Sears and The Jones Store (later acquired by Macy s) was the preeminent mall in the metro area. The opportunity to redevelop and reposition these properties in a positive and meaningful way is exciting to us, Owen Buckley, president and founder of Lane4, said in a release. We are equally excited about partnering with The Kroenke Group because of their successful track record in commercial real estate across the country and their deep understanding of the Kansas City market. Today s announcement by LANE4 signals new hope and excitement for these two prominent and highly visible retail locations. Mayor of Overland Park, Carl Gerlach Today s announcement by Lane4 signals new hope and excitement for these two prominent and highly visible retail locations, said Overland Park Mayor Carl Gerlach. I know Lane4 officials are ready to move forward and talk with the residents in the area and the city about future plans. MD Management had been working toward the redevelopment Metcalf South and 95 West before Lane4 offered to buy the properties, said Adam Feldman, COO of MD Management. We congratulate the Lane4-Kroenke Group team, Feldman said, and we are excited to see them reinvent this iconic intersection. Despite the sale of these properties, MD Management will continue to reinvest in its real estate portfolio throughout the Midwest and look to strategically acquire new assets. Obviously, this is an important project for our community and we want to get it right, Buckley said. The first order of business will be to reach out to the neighbors, community and city to explore ideas and possibilities. We are starting with a blank canvas and do not have any specific plan or design in place.
95th & metcalf THE PLACE. THE PEOPLE. THE PLAN. THE KANSAS CITY METRO MARKET KANSAS CITY ATTRIBUTES #2 Happiest Places to Live #5 Cities Creating the Most High Paying Jobs #6 Best Cities to Raise a Family Top 10 Most Promising Tech Hubs to Watch in 2014 Top 10 Family Vacation Spots in the World Top 20 Places to Visit in Your 20s
95TH & METCALF 11 THE METRO AT A GLANCE Home to 2.5 million people, Kansas City is a bi-state region including the Kansas City, MO-KS, Lawrence, KS, St. Joseph, MO, and Topeka, KS metropolitan areas, as well as adjacent non-metro counties that include the cities of Warrensburg and Chillicothe, MO, and Atchison, KS. Metro population: 2 million Annual per household income: $71,141 Per capita income: $28,262 Median home price: $131,300 Average age: 36.1 High school education: 90.4% College degree: 32.8% Major Corporate Headquarters in KC AMC Entertainment American Century BATS Trading Black & Veatch Burns & McDonnell Cerner Corporation Collective Brands Commerce Bank DeBruce Grain DST Systems Garmin International Great Plains Energy H&R Block Hallmark Cards Hill's Pet Nutrition JE Dunn Seaboard Corporation Sprint Corporation UMB Financial Westar Energy YRC Worldwide
95th & metcalf THE PLACE. THE PEOPLE. THE PLAN. LANE4 Property Group 4705 Central Street Kansas City, MO 64112 P: 816.960.1444 F: 816.960.1441 www.lane4group.com