Where Mountain
Meets Urban
10450 South State Street | Sandy, UT 84070
www.southtownecenter.com
DEMOGRAPHICS
• A young, affluent and fast-growing primary market
with a median age of 30.1 years, a five year population
growth rate of 9.2% and an average household income
of $82,505
• 26.9% of the Primary Trade Area makes over $100,000.
That is nearly 7% more than in the total market
Six major hotels surround
the center with over 800 rooms
• 30.5% of the Primary Trade Area has a Bachelor’s Degree
• Utah’s Median Age is the country’s youngest at 29.9 years
TOURISM
•N
estled in the heart of the Wasatch Front mountain range,
South Towne Center is just 15 miles from four world class
ski resorts: Snowbird, Alta, Solitude and Brighton
Trade area of 997,000 residents
in 303,746 households
• Six major hotels surround the center with over 800 rooms
• The average ski tourist stays 6.4 nights, spends $272 per
day with $171 spent in town
• The South Towne Expo Center located less than a mile from
the center hosts nearly 200 conventions and trade shows
each year
• Rio Tinto Soccer Stadium, home of Real Salt Lake attracts
nearly 350,000 visitors each year
AREA DEVELOPMENT
•S
andy City is evolving from a bedroom community to
a modern, active, transit-oriented destination
• The Cairns, an 1,100 acre development in Sandy, includes 20
million square feet of development with 2,885 housing units
• Job Growth in Utah is projected to be 2.8 percent annually
through 2020 compared with 1.3 percent for the rest of United
States
Zone a: food court Perspective
| South Towne Center Masterplanning & Mall Renovation | Concept Design | Sa
ZONE B: Cheesecake View to JCPenney Perspective
| South Towne Center Masterplanning & Mall Renovation | Concept Design | Sandy, UT | Pacific Retail | December 05, 2014 | p 59
• Utah’s unemployment rate is one of the nation’s lowest
• Utah ranked third among states in population growth, Utah’s
current population is estimated to be 2,900,872, an increase
of 1.6 percent from 2012
• By 2060, Utah’s population is projected to be more than
5.96 million – a 106 percent increase in the next 46 years
ZONE A: Proposed Forever 21 with New Tenants Perspective
| South Towne Center Masterplanning & Mall Renovation | Concept Design | Sandy, UT | Pacific Retail | December 05, 2014 | p 47
SOUTH TOWNE RENOVATION
$20 Million in improvements
over the next two years
•N
ew, Family Friendly, Welcoming Entrance
Zone a: food court Perspective
| South Towne Center Masterplanning & Mall Renovation | Concept Design | Sandy, UT | Pacific Retail | December 05, 2014 | p 20
exISTInG LoaDInG DoCK
n
food court
Patio
Zone a: Main Mall entry at food court Perspective
• Mountain Modern Architectural Design Aesthetics
| South Towne Center Masterplanning & Mall Renovation | Concept Design | Sandy, UT | Pacific Retail | December 05, 2014 | p 12
food court
Seating
new entry
reStrooMS
• Expanded Food Court featuring indoor/outdoor
terrace and seating
faMily lounge
fc05
841SF
food court
Seating
fc04
598SF
fc03
628SF
fc02
622SF
food court
Patio
oPen To BeLow
food court
kidS Play area
with Seating
CaFe reSTauranT
ouTDoor PaTIo:
700SF
Zone a: food court Perspective
| South Towne Center Masterplanning & Mall Renovation | Concept Design | Sandy, UT | Pacific Retail | December 05, 2014 | p 26
fc07
705SF
reviSed
loading dock
new CaFe reSTauranT [InDoor]
adding gla: 3,300Sf
fc08
705SF
eSCaLaTorS
fc09
reviSed Service corridor
705SF
fc10
581SF
oPen To BeLow
ProPoSed new cuStoMer Service with e-bar
or floating food tenant
• Comfortable lounge space for parents and family
including a unique, modern play area
441 Units - Apartments
22 Units - Townhomes
207 Units - Apartments
SANDY CITY
CONCEPT PLAN
954 Units - Apartments
20 Units - Townhomes
LEGEND
N
Under Construction
Approved/Under
Contract
271 Units - Apartments
Proposed Concepts
Master Plan Concepts
South Towne
Exposition Center
Parking Structures
Existing Buildings
16,000 sq/ft Retail
0
300
600
30,000 sq/ft Retail
STATE STREET
1200
Feet
STATE STREET
Rio Tinto Stadium
20,000 Retail/Restaurants
125 Room Hotel
South Towne Center
300 Units - Apartments
900 Units - Apartments
1,150 Seat Theater
15
New 16000 South off ramp
(currently in process with UDOT)
will provide direct access
to mall property
DESIRABLE LOCATION
•S
outh Towne Center is located in Sandy City. An affluent,
growing community with a population of over 90,000
with a median home value that is $86,000 above the
state average
• One of Utah’s largest shopping destinations – 1.3 million GLA
• Within 5 miles of South Towne Center there are 11,414
businesses with over 123,000 employees
Retail Mix – Macy’s, Rei, Dillard’s, JC Penney, Forever 21,
Victoria’s Secret, Pink, Ethan Allen, American Eagle, Bath
and Body Works – 150 Specialty Shops
Restaurants – Texas Roadhouse, Chili’s Grill & Bar, Olive Garden,
Noodles & Co., Village Inn, McGrath’s Fish House – 20 Eateries
and Restaurants
ACCESSIBLE AND VISIBLE
•T
he 106th Exit provides easy access to South Towne Center
• New Off-ramp from north bound Interstate 15 will exit directly
on to South Towne Property
Direct Exposure to the 150,000
cars traveling Interstate 15
every day
CONTACT INFORMATION
Aaron Bennett
[email protected]
(425) 455-0500
NJ Tolton
[email protected]
(425) 829-6781