UNCOMMON WEALTH LEXINGTON, L E X I N G T O N, KYY

Transcription

1 UNCOMMON WEALTH LEXINGTON, L E X I N G T O N, KYY

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3 Welcome to lexington, the second-largest city in The Commonwealth of Kentucky and future home to one of the best investments you ll ever make. BECAUSE THE GOOD PEOPLE OF LEXINGTON LOVE TO SHOP, AND THEY VE GOT MONEY TO SPEND BUT NOT ENOUGH PLACES TO SPEND IT. But you don t have to take our word for it; ask the stores in Cincinnati and New York who regularly enjoy their patronage. Or just read on, and find out more about this golden opportunity in the bluegrass state.

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5 Lexington, Kentucky 600,432 47,000 Trade Area Residents College Students 2,500,000 Tourists Sources: Scan/US & RECS

6 LOCATION LOCATION LOCATION

7 THEY SAY IT S EVERYTHING. THEY RE RIGHT. LOCATION 2 HEART The people of Lexington are passionate about their city s culture and all its pursuits, including music, the arts, the University of Kentucky Wildcats and the sport of kings horse racing. LOCATION1 LOCATION 3 HEAD POCKETS The people of Lexington are highly educated. In fact, they re one of the top 10 cities in the U.S. for percentage of population with a college degree or higher, with 42% of citizens holding at least an undergraduate diploma. The people of Lexington can afford it, with an average household income of more than $73,000 and 22% of households bringing in more than $100,00 annually. Sources: MSN Encarta, Scan/US & RECS

8 HOME OF THE WILDCATS

9 The University of Kentucky's athletic programs boast an annual attendance of over 1.5 million people, and the University is the city's largest employer.

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11 Off to the Lexington plays host to more than 2.5 million tourists each year, thanks largely to the Kentucky Horse Park, as well as horse races In addition to the more than 600,000 trade area residents, Lexington also plays host to around 2.5 million tourists every year, and sales at Keeneland. In fact, over the last 10 years, Keeneland has accounted for over $6 billion worth of thanks largely to the races at Keeneland and the Kentucky Horse Park. horse sales during seasonal auctions an average of $600 million per year!

12 Introducing our newest development, T HE SUMMIT LEXINGTON A mixed-use shopping destination opening in the bull s-eye of Lexington s thriving retail hub.

13 LEXINGTON NEEDS MORE RETAIL DESTINATIONS. According to an analog market comparison, they re underserved by more than 500,000 square feet of specialty and department store retail. Sources: Independent Research, Scan/US & RECS

14 Building Elevations Building 8 from Summit Blvd looking North Building 9 from Summit Blvd looking Northeast Building 13 from Summit Blvd looking South/Southwest Building from Summit Blvd looking East

15 Project Perspectives The Summit Lexington is not just another new shopping center. It s a gathering place. With high demand retail, meticulously crafted architecture, beautiful landscaping, and attention to every detail of development, we create a vibrant, open air experience where people love to not only shop and dine but also spend the day. It will be a breath of fresh air for Lexington consumers, and the safest bet in town for retailers.

16 THE SUN SHINES BRIGHT ON YOUR NEW ALREADY IN THE RETAIL BULL S-EYE. As an in-fill development in the heart of Lexington s most popular retail corridor, The Summit won t be competing with neighboring retailers. It will be complementing them. Across the street, the Fayette Mall does business to the tune of $500 per square foot annually with Macy s and Dillard s pulling in more than $90 million combined 1. (All that, and residents are still commuting to Cincinnati and New York to shop.) KENTUCKY HOME. Ann Taylor Banana Republic Cinemark 16 Theatre Coach Dick s Sporting Goods Forever 21 Fossil J. Crew & Crewcuts JC Penney Johnny Carino s Italian P.F. Chang s China Bistro Sears Sephora Starbucks Whole Foods Williams-Sonoma 1 estimated sales volume

17 Lexington The Summit Lexington is located just a few minutes drive from all of Lexington s major shopping and tourist destinations. FAYETTE MALL 0.8 MIles 1 Min. UNIVERSITY OF KENTUCKY 4.5 Miles 7 Min. DOWNTOWN LEXINGTON 5.0 Miles 8 Min. KEENELAND RACE COURSE 7.1 Miles 12 Min. HAMBURG PLACE 10.3 Miles 18 Min. LOUISVILLE (75 MILES) CINCINNATI (90 MILES) KEENELAND RACE COURSE 4 64 UNIVERSITY OF KENTUCKY HAMBURG PLACE AVERAGE HOUSEHOLD INCOME 100, LEXINGTON GREEN FAYETTE MALL NICHOLASVILLE RD. THE SUMMIT LEXINGTON NEW CIRCLE RD. MAN O WAR BLVD. 25 FAYETTE MALL MAN O WAR BLVD. W REYNOLDS RD. NICHOLASVILLE RD. NEW CIRCLE RD. THE SUMMIT LEXINGTON

18 MAP OF LEXINGTON: KEENLAND RACE COURSE DOWNTOWN BLUE GRASS AIRPORT MACY S JCP UNIVERSITY OF KENTUCKY HAMBURG PLACE SEARS DILLARD S NEW CIRCLE RD. FAYETTE MALL BAYER SITE MAN O WAR BLVD. BAYER SITE MAN O WAR BLVD.

19 THE SUMMIT LEXINGTON BE PART OF AN UNCOMMON EXPERIENCE.

20 2222 Arlington Avenue, Birmingham, Al or bayer bayerproperties.com