THE MALL AT PRINCE GEORGES Hyattsville, MD

Transcription

THE MALL AT PRINCE GEORGES Hyattsville, MD
THE MALL AT PRINCE GEORGES Hyattsville, MD
Northwestern High School
THE FACTS
THE MALL
AT PRINCE GEORGES
•
•
•
The Mall at Prince Georges is
located in Prince Georges County,
the second most populous county
in Maryland and one of the top
100 wealthiest counties the U.S.
Alterra Luxury Residential
Luxury Residential Development
Post Park Luxury Apartments
Over $1 billion in ongoing redevelopment projects is bringing high-end
condos, single family homes,
apartments and upscale retail
immediately near the mall. Average monthly rent for new developments
is $1,850 (70% higher than the
county average).
THE MALL AT PRINCE GEORGES
Royale 14 Cinemas
University Town Center
Metro Stop and Footbridge
Average income within 10 miles
is $101K exceeding US average
income by 40%, D.C. income by 11%
and is projected to grow by 14% in
the next five years.
Metropolitan Shops
Currently an underserved market
with over $7 billion of unmet retail
demand within the trade area.
•
•
University Town Center, located
across from the mall, has 1.4 million
sf of office space with 2,500
employees working for organizations
such as the U.S. Department of
Treasury–Financial Management,
FEMA and National Center for
Health Statistics.
Adjacent to Metro Green Line Stop,
servicing 100,000 riders daily.
•
•
Metro Station Green Line
Over 83,000 high school and
college students within 10 miles of
the mall, highlighted by The
University of Maryland, College Park,
two miles away.
Shoppes at Metro
Luxury Residential
MALL HIGHLIGHTS
Center Size
Inline GLA
Year Opened
Year Redeveloped
Food Court
917,000 sf
437,000 sf
1959
2004
12 Units
ANCHORS & JUNIOR ANCHORS
Macy’s
Target
JCPenney
Marshalls
Old Navy
196,000 sf
135,000 sf
149,000 sf
35,000 sf
24,600 sf
Ross Dress For Less
T.J. Maxx
30,000 sf
27,000 sf
RESTAURANTS & OUTPARCELS
Outback Steakhouse
Olive Garden
OPENING 2016
H&M
6,800 sf
7,600 sf
20,000 sf
FEATURED RETAILERS
Bath & Body Works
Champs
The Children’s Place
DTLR
Foot Locker/ House of Hoops
Kay Jewelers
Lane Bryant
LensCrafters
Sephora (inside JCPenney)
Victoria’s Secret
THE MALL AT PRINCE GEORGES
Located on Rte 410 between Rte 1
Baltimore Ave and Riggs Rd
3500 East West Highway
Hyattsville, MD 20782
Latitude38.967874
Longitude-76.957528
TRADE AREA DEMOGRAPHICS
Population
1,514,259
Households
563,849
Average Household Income $86,108
% of Households
with incomes > $100K 32%
Average Home Value
$419,910
Median Age
36.4
Total Businesses
26,693
Daytime Population
1,561,634
Source: Sitewise 2015
200 South Broad Street
Philadelphia, Pennsylvania 19102
215.875.0700
preit.com
TRADE AREA
THE MALL AT PRINCE GEORGES
Hyattsville, MD
April 5, 2016
THE MALL AT PRINCE GEORGES
Hyattsville, MD
April 5, 2016

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