DELAWARE BE IN FAST COMPANY

Transcription

1 DOVER, DELAWARE

2 DELAWARE BE IN FAST COMPANY Dover Mall serves the capital city s growing population and is conveniently situated halfway between Washington, D.C. and Philadelphia, PA. Located near Dover Air Force Base, which employs over 8,500 military and civilian personnel. The center is adjacent to Dover Downs Hotel & Casino, a significant tourist draw with reports of three million visitors per year. Live dealer table gaming was introduced in the summer of Adjacent to Dover International Speedway (aka The Monster Mile ), a 140,000-seat concrete superspeedway that hosts two NASCAR Sprint Cup Series races, two Nationwide Series races, a Camping World Truck Series race, and the Firefly Festival providing a significant economic impact to the city of Dover and Dover Mall. There are four higher education campuses in the area including Delaware State University, Wesley College, Delaware Technical and Community College, and Wilmington University, delivering over 12,000 students to the immediate market.

3 POWER SHOPPING Located in tax-free Delaware, Dover Mall and Dover Commons serve a very large geographic area the Delmarva Peninsula. As the only mall in this market, Dover Mall caters to a captive trade area. Dover Mall s marketing efforts draw domestic tourism traffic from cities like Baltimore, Maryland, Washington, D.C., and Richmond, Virginia.

4 BY THE NUMBERS Anchored by Five Department Stores Boscov s, Macy s, JCPenney, Sears, Dick s Sporting Goods Square Footage Dover Mall and Dover Commons combined span 928,000 square feet. Single Level Boasting more than 100 specialty stores.

5 IN GOOD COMPANY Distinctive. Classic. Delicious. Many fine brands have chosen Dover Mall as their preferred location in the Delaware market. AMC Theatres American Eagle Outfitters Hollister Select Comfort Torrid Victoria s Secret Dover Mall s many fast-casual food options offer something for the whole family. Auntie Anne s Charleys Philly Steaks Chicken Now Ming Tree Sarku Japan Sbarro

6 POSITIONED TO SUCCEED Dover Mall is approximately 80 miles south of Philadelphia and 90 miles east of Washington, D.C. Located along US Route 13, the main thoroughfare for the Delmarva Peninsula and the major commercial corridor of Dover, and just off DE Route 1 (Korean War Veterans Memorial Highway) , ,484 55,957 58, $69, $76, , $203,444 Information as of 5/1/17. Source: SPG Research; trade area demographic information per STI: PopStats (2016).

7 DESTINATION SHOPPING Tourism is a main focus for the state of Delaware which helps drive visitors to the area. Delaware s tax-free shopping is one of the primary reasons that people visit the state. Dover Mall has partnered with the Delaware Tourism Office, Kent County Tourism & Conventions Bureau, and Dover Downs Hotel and Casino on a Shopping Savings Pass. This pass will feature special offers and be distributed to group tours.

8 Newark Brookside 32 New Castle 3 Pennsville Woodstown Port Deposit 95 North East Elkton Glasgow Bear Elmer Havre de Grace Perryville Charlestown Chesapeake City Delaware City Salem Alloway Olivet Newfi Aberdeen Seabrook Farms Riverside Perryman Aberdeen Proving Ground Odessa Middletown Shiloh Rosenhayn Bridgeton Betterton Cecilton Townsend 13 TRADE AREA BOUNDARY Fairton Millville Galena Cedarville Laurel Lak Clayton Millington Leipsic Port Norris Chestertown Kingstown Kenton Cheswold 1 Rock Hall Church Hill Sudlersville Barclay Templeville Hartly 4 Dover Kent Acres Little Creek Marydel Dover Base Housing Camden N 0 10 Centreville Henderson Goldsboro Woodside Viola Riverview Magnolia 113 Bowers MILES TRADE AREA & COMPETITION Simon Centers Competition 1 Dover Mall 2 Christiana Mall 3 Christiana Town Center 4 Dover Commons

9 DOVER DOWNS HOTEL & CASINO AND DOVER INTERNATIONAL SPEEDWAY SR 1 DOVER MALL SEARS AMC THEATRES JCPENNEY DICK S SPORTING GOODS MACY S DOVER COMMONS US 13 / N. DUPONT HWY. BOSCOV S N AERIAL OVERVIEW

10 RD. D KEY DEPARTMENT STORES ANCHOR STORE RESTAURANT RETAIL THEATER AMC THEATRES RD. A JCPENNEY BOSCOV S SEARS DICK S SPORTING GOODS MACY S CHUCK E. CHEESE S DOVER COMMONS PIER 1 IMPORTS N US 13 / N. DUPONT HWY. SITE PLAN SITE PLAN

11 UNIQUE OPPORTUNITY Dover Mall presents a unique opportunity for your brand. Please contact the following leasing professional for more information. Richard Damico (212) ricki.damico@simon.com

12 225 West Washington Street Indianapolis, IN (317) simon.com Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG).