Bluemound Road Corridor
Transcription
Bluemound Road Corridor
Bluemound Road Corridor B Trader Joe’s, at Underwood Crossing A B luemound Road is one of the premier commercial corridors in the State of Wisconsin. As a major shopping destination, it is anchored by Brookfield Square, a regional mall with more than 100 retailers and 16 restaurants. The three mile stretch from Moorland Road to Barker Road features more than 200 additional retailers and services, including casual and fine dining. Other noteworthy shopping centers include Fountain Square, Brookfield Fashion Center and The Plaza. Thirteen hotels, from select and full service to extended stay, provide more than 2,000 rooms, the third largest concentration in the region. Brookfield Square Mall, Executive Drive Office Park The retail, restaurant and hospitality offerings in the Bluemound Corridor are destinations, but also serve as an amenity for the office parks and buildings along Bluemound. Three office parks: Bishop’s Woods, Executive Drive, and Brookfield Lakes Corporate Center, are aligned between Bluemound Road and Interstate 94. Each park has its own distinctive environment, with more than one million square feet of office space, and each has one or more development sites available. When free-standing office buildings are added, the corridor boasts 100 office buildings with 4.5 million square feet of office space, the largest office market in the region outside of downtown Milwaukee. In addition, this extended corridor includes two important nodes that each serve as vibrant and attractive gateways to the community. The South Gateway Node (A), near the crossroads of Moorland Road and Greenfield Avenue, and just south of I-94, includes a cluster of 5 hotels and several restaurants, as well as Westmoor Country Club and Brookfield Hills Golf Course. (Continued on reverse…) Telephone: (262) 796.6694 Fleming’s Prime Steakhouse at Brookfield Square Mall For Additional Information: Department of Community Development 2000 North Calhoun Road Brookfield, Wisconsin 53005 Email: [email protected] Website: www.ci.brookfield.wi.us Bishop’s Woods Office Park (...Continued from reverse) Recent and Future Developments The 124th Street and Bluemound Node (B) represents a blossoming new commercial zone at the city’s eastern gateway. Ryan Companies, with assistance from the City of Brookfield and other private and public partners, recently developed a former brownfield site into Underwood Crossing, a retail center featuring Trader Joe’s, Target, and PNC Bank, with additional development to follow. Underwood Crossing Center, a 180,000 sq. ft. development consisting of: - Target - Trader Joe’s - PNC Bank New Restaurants - Buffalo Wild Wings - Cooper’s Hawk - First Watch - Jersey Mike’s - Red Robin New Specialty Retail - Destination XL (DXL) - Fava Tea Company - Red Wing Shoes - The North Face - Tilly’s - Water 2 Wine New Tenants at Bishop’s Woods, Brookfield Lakes, and Executive Drive Business Parks: - Advantage Leasing Corporation - Community Care, Inc. - Connecture, Inc. - Peter Schwabe, Inc. - Willis of Wisconsin, Inc. Demographics (2011) Sheraton Hotel 1 Mile 3 Miles 5 Miles Population 4,178 37,915 111,848 Households 1,557 14,957 44,426 % Owner Occupied Homes 87% 76% 73% Median Household Income $79,699 $74,729 $63,596 Average Household Income $94,269 $97,711 $78,271 *From intersection of Bluemound and Calhoun Source: Xceligent (2013) Daily Traffic Counts Average Fountain Square Shopping Center Bluemound Rd. (at Brookfield Square) 48,300 S. Moorland Rd. (at South Gateway) 36,600* Source: Wisconsin DOT (2009) *2006 total Local Rental Rates (per year NNN) Rate Retail Use $13.00 - $28.00 Office Use $11.50 - $21.75 Source: Xceligent (2013) Brookfield Hills Golf Course Revised: 03/2013 Telephone: (262) 796.6694 Email: [email protected] Website: www.ci.brookfield.wi.us