OUTLETS AT CONROE - Craig Realty Group

OUTLETS AT CONROE
THE HOUSTON AREA’S NEWEST DESTINATION OUTLET
CENTER LOCATION
Location:
Conroe, Texas
I-45, at exit 90, approximately 50 miles north of downtown
Houston and 14 miles north of The Woodlands.
Major Cities: Houston and North Houston
Gross Leasable Area: 358,225 SF
Outlets at Conroe is undergoing a complete redevelopment amidst
the enormous growth occurring in and around the City of Conroe.
With the influx of corporate offices and master-planned communities,
the North Houston area will become the workplace and home to tens
of thousands of people in the next few years. The new Outlets at Conroe
will be poised to deliver top outlet brands and a wide variety of dining
options in a family-friendly environment for this growing constituency.
Outlets at Conroe will ultimately be comprised of more than 340,000
square feet of retail and restaurants. The immediate area already
boasts 170,000 cars per day, and is just 30 minutes from George
W. Bush International Airport and 50 miles from downtown Houston.
BUSINESS COMING
Big Business Moves to North Houston
ExxonMobil is putting the finishing touches on a state-of-the-art campus in Houston,
completing one of the largest construction projects underway in North America.
The new corporate campus is home to its Upstream and Downstream operations as
well as their Chemical companies and related service groups. The campus is located on
385 wooded acres immediately west of I-45 at Hardy Toll Road, approximately 25 miles
from downtown Houston. This 20 building, 13 million square foot campus, housing more
than 10,000 employees was constructed to the highest standards of energy efficiency and
environmental stewardship. Designed to foster improved collaboration, creativity and
innovation, the campus includes a laboratory town hall and auditorium, conference
facilities, child development center with on-site day care for 300 children, an outdoor
plaza to host up to 3,500 attendees, and a 100,000 square foot wellness center.
Construction of the new campus began in 2011 and nearing completion, has created an
estimated 36,000 person years of employment with 44,000 permanent jobs for ongoing
operations. Energy companies and supporting businesses are moving north of Houston to
support the Energy Corridor developing around the ExxonMobil campus.
BIG CHANGES IN NORTH HOUSTON
Grand Central Park is a new master-planned community to be developed on the 2,046 acre site
formerly occupied by Camp Strake. The master plan calls for an array of residential options for buyers,
ranging from single-family homes to urban-style designs. The community plans also include conference
centers, hotels, offices and retail. Construction is expected to begin in Early 2016.
■ 336 Marketplace, a regional shopping center that will feature 700,000 square feet of retail to be
developed on 112 acres of Grand Central Park. The shopping center is expected to open in Late 2016.
■ Town Center, a mixed-use development with bars, retail, and restaurants, surrounded by
townhomes overlooking Grand Lake.
■
Springwoods Village, home of the new ExxonMobil Campus, is a 2,000 acre master-planned
community at the hub of I-45, the Grand Parkway and Hardy Toll Road. The master plan includes
dynamic commercial office complexes, a healthcare complex, unique residential neighborhoods and
a town center at the heart of the community. Springwoods Village will continue to develop its master
plan over the next 10 years.
■ CHI St. Luke’s Health - Springwoods Village Hospital, a $120M Medical Campus located on
23 acres in Springwoods Village, opened for patient care January 2016. The hospital will ultimately
include a 55,000 square foot ambulatory center, as well as an additional 100,000 square
feet of medical office space.
■ CityPlace, a 60-acre mixed-use project being developed within Springwoods Village will
include: 4 million square feet of office space, 400,000 square feet of retail space, a full-service hotel and a luxury multifamily complex. The first project to open in CityPlace will be The Mark,
a 268-unit apartment building that is slated to open Late 2016. Plans for 2 premier Class A
office buildings with a total of 440,000 square feet of office space have been announced.
■
The Woodlands, Houston’s largest master-planned community, developed and owned by
Howard Hughes Corporation, will be adding more than 2.4 million square feet of new office
development, in addition to the 385-acre ExxonMobil Campus currently being constructed to the south.
■ “The Woodlands Part II”, the next master-planned community to be developed by
Howard Hughes Corporation and The Woodlands Development Company, just two miles north of the Outlets at Conroe, is anticipated to be the sequel to Texas’ most celebrated
master-planned community, The Woodlands. The site consists of nearly 2,000 acres with
preliminary plans for residential lots and commercial properties. Over 4,600 new home lots
are estimated, the first of which are expected to be finished and sold in 2016. Grand opening
is scheduled for Spring 2017.
■
AREA ATTRACTIONS
Attractions in the
Metropolitan Houston Area
Minute Maid Park
■ Houston Zoo
■ Toyota Center
■ BBVA Compass Stadium
■ NRG Park and Stadium
■ Grand Texas Theme and
Entertainment District (Opening Mid 2019)
■ Downtown Aquarium
■ Shell Houston Open (PGA Tour)
■ Houston Symphony
■ Houston Museum of Natural Science
■ Museum of Fine Arts, Houston (MFAH)
■ Holocaust Museum Houston
■ Bayou Bend Collection & Gardens
■ Children’s Museum of Houston
■ Houston Grand Opera
■ Hobby Center of the Performing Arts
■ Miller Outdoor Theatre
■ The Menil Collection
■ Alley Theatre
■ Hermann Park
■ Wortham Theater Center
■ Waterwall Park
■ Memorial Park
■ Space Center Houston
■
■
George R. Brown Convention Center
Professional
Sports Teams
Houston Astros
■ Houston Texans
■ Houston Rockets
■ Houston Dynamo
■ Houston Dash
■
LARGEST EMPLOYERS
Employers
Employees
Memorial Hermann Health System
19,500
The University of Texas MD Anderson
19,290
United Airlines
17,000
Exxon Mobil Corporation
13,191
Shell Oil Company
13,000
Houston Methodist
13,000
Kroger Company
12,000
National Oilwell Varco
10,000
Schlumberger Limited
10,000
BP America, Inc
9,537
UTMB Health
9,318
Baylor College of Medicine
9,232
Chevron
9,000
ARAMARK Corp.
8,500
Wood Group
8,500
Pappas Restaurants, Inc.
8,000
HCA
7,855
Hewlett-Packard
7,000
Macy’s
7,000
AT&T
6,900
CHI St. Luke’s Heath
6,800
The Dow Chemical Company Houston Dow Center
6,600
Jacobs
6,220
Halliburton
6,200
AREA COLLEGES & UNIVERSITIES
Colleges & Universities
within a 60 mile drive from Conroe
Enrollment
■
University of Houston
40,747
■
University of Houston – Clear Lake
8,331
■
University of Houston – Downtown
14,439
■
Rice University
6,621
■
Texas Southern University
9,700
■
Texas A&M
■
Prairie View A&M University
8,343
■
Houston Baptist University
3,128
■
Houston Community College
75,000
■
Sam Houston State University
19,577
62,185
RETAIL AND TRAFFIC
45
SHOPPING CENTERS
■
AERIAL
DISTANCE
A.Teas Crossing, Conroe
.79 Mile JCPenneyJos. A. Bank DRIVING DISTANCE APPROX. DRIVE TIME
2 Miles
2 Minutes
B.Conroe Marketplace, Conroe
1
Mile Ashley Furniture Bed Bath & Beyond
Kohl’s
T.J. Maxx
2 Miles
2 Minutes
C.Market Street, The Woodlands
14 Miles Brooks Brothers Gap Kids J. Crew Kate Spade
Tiffany & Co.
Tommy Bahama
14 Miles 18 Minutes
D.The Woodlands Mall, The Woodlands
14 Miles 14 Miles Forever 21 JCPenney
18 Minutes
Macy’sNordstrom
E.Deerbrook Mall, Humble
27 Miles Dillard’s
JCPenney Macy’s
Sears
■ OUTLET
I-45, 170,000 Vehicles/Day
AERIAL
DISTANCE
DRIVING DISTANCE APPROX. DRIVE TIME
F. Willowbrook Mall, Houston
28 Miles Dillard’s
JCPenney Macy’s
Sears
40 Miles
48 Minutes
G.Greenspoint Mall, Houston
29 Miles Dillard’s
Fitness Connection Macy’s
Palais Royal
30 Miles
34 Minutes
H.The Galleria, Houston
43 Miles Macy’s
Neiman Marcus
Nordstrom
Saks Fifth Avenue
48 Miles
51 Minutes
I. Highland Village, Houston
43 Miles Chico’s
Crate & Barrel
White House I Black Market
49 Miles
53 Minutes
42 Miles 48 Minutes
CENTERS
AERIAL
DRIVING DISTANCE DISTANCE
APPROX. DRIVE TIME
1. Houston Premium Outlets, Cypress
30.2 Miles 2.Katy Mills, Katy
45 Miles 3.Tanger Outlets-Texas City, Texas City 70 Miles Traffic Count:
56 Miles
57 Minutes
67 Miles
1 Hr., 10 Mins.
79 Miles
1 Hr., 23 Mins.
AERIAL
DRIVING DISTANCE DISTANCE
APPROX. DRIVE TIME
4.Tanger Outlets-San Marcos, San Marcos 154 Miles
208 Miles
3 Hrs., 45 Mins.
5.San Marcos Premium Outlets, San Marcos 154 Miles
208 Miles
3 Hrs., 45 Mins.
DEMOGRAPHICS
■
Houston is the 4th largest city in the US, behind
New York, Los Angeles and Chicago
■
Houston is the fastest growing city in the US
with a 1.81% annual population growth rate.
■
Houston MSA consists of 9 counties – if they
were a state, it would rank 15th in population
with 6.6 million residents
■
In April of 2015, Houston MSA had more jobs
than 36 states
■
Houston’s job growth has been steadily increasing each month since July 2010: from January 2015
to January 2016, Houston added 16,400 jobs.
■
With the help of a three year boom in the energy industry and a major population increase,
Houston MSA regained its pre-recession job level by November 2011, just twenty two months after the low point of the recession.
■
Houston is second only to Silicon Valley in US
Engineering Centers
■
Current employment of 2.97 million is the highest ever in Houston’s history
DEMOGRAPHICS 2005
15 MILES
30 MILES
50 MILES
POPULATION
243,839
1,028,592
4,001,161
MEDIAN AGE
36.3
34.2
32.5
25.5%
17.65%
13.55%
AVERAGE HOUSEHOLD INCOME
$94,305
$85,671
$74,585
NUMBER OF HOUSEHOLDS
81,522
351,619
1,384,206
$141,762
$125,021
$107,961
POPULATION GROWTH 2005-2010
MEDIAN HOME VALUE
Source: ESRI 2005 Estimate/Projections
DEMOGRAPHICS 2020
15 MILES
30 MILES
50 MILES
POPULATION
364,879
1,584,989
5,308,536
MEDIAN AGE
38.9
35.4
34.1
12.30%
11.05%
9.15%
AVERAGE HOUSEHOLD INCOME
$116,069
$105,747
$94,267
NUMBER OF HOUSEHOLDS
132,822
552,057
1,846,256
MEDIAN HOME VALUE
$299,566
$250,381
$238,444
POPULATION GROWTH 2014-2019
Source: ESRI 2020 Estimate/Projections
MAPS
FUTURE DEVELOPMENT
")
1097
Willis
45
FM830
Sam Houston National Forest
75
Panorama Village
TEASWOOD
326+ lots
LAKE
CONROE
105
WATERCREST
800+ lots
3088
336
Cut N Shoot
APRIL SOUND
2,463+ lots
105
CEDAR WOODS
235+ lots
GRAYSTONE HILLS
780+ lots
105
FM2854
HIDDEN CREEK
700+ lots
DOWNTOWN
DISTRICT
WESTFORK
285+ lots
336
336
WOODFOREST
5,500+ lots
45
BARTON CREEK
250+ lots
75
FOSTERS RIDGE
1,600+ lots
STEWARTS FOREST
645+ lots
BARTON WOODS
")190+ lots
3083
3083
JACOBS RESERVE
1,000+ lots
W.G. Jones State Forest
Residential Development
Mixed Use Development
45
Retail Development
Woodloch
Lake Conroe
The Woodlands
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1488
Source:
Legend
THE FOREST
350+ lots
1488
Forested
SITE PLAN
TO DALLAS
TO HOUSTON
SUMMARY as of 05/08/2015
OUTLETS AT CONROE
CONROE, TX
S pra
yber
ry Ln
.
AERIAL
Leagu
e Line
Rd.
WHO. WE. ARE.
East Hills
Power Center
at Garfield Heights
Power Center
at Garfield Heights
Regional Mall
East Hills
Regional Mall
Outlets at Conroe
Future Redevelopment
Outlets at Conroe
Future Redevelopment
Kapolei Commons
Mixed-Use Open-Air Center
Kapolei Commons
Mixed-Use Open-Air Center
At CRG, we pride ourselves in the attention to detail, the quality of construction and
the top retail brands we bring to our centers. It matters to us that each customer
has a positive experience. And we strive to ensure that their experience brings
them back to our centers for their shopping needs.
Our customer-oriented and tenant-focused principles are the direct result of the
steadfast commitment of our President/CEO, Steven L. Craig. A pioneer in the upscale
outlet center industry, Mr. Craig’s unrivaled passion for the industry, unending dedication to
creating retail excellence and thoughtful execution of giving the customer what they want
can be seen in the attention to detail at every turn.
Craig Realty Group owns, operates and manages nearly 5 million square feet of existing retail
development – 15 centers in 9 states, and we’re in development of 4 more centers across the U.S.
We welcome you to Craig Realty Group outlet centers and hope that your visit is filled with
great finds, big discounts and, most importantly, a memorable experience!
9/2016
Leasing Contact:
Claudia Fanaras l 978/521-8883 l [email protected]
4100 MacArthur Blvd, Suite 100, Newport Beach, CA 92660
949/224-4100 ■ craigrealtygroup.com
The Largest
Independent
Outlet Developer
in the
United States