docalmeda mall - Fox Properties
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almeda mall - Fox Properties
ALMEDA MALL Redevelopment & Remerchandis ing Plan FACT SHEET ALMED A MALL Total Area 67 Acres Year Opened 1968 Overall Mall GLA 807,456 sf GLA (1st Floor) 712,408 sf Macy’s 147,738 sf Burlington Coat Factory 79,385 sf Palais Royal 30,133 sf Jr. Anchor 94,780 sf Small Shop 192,861 sf Out Parcels 49,906 sf PARKING Number of Parking Spaces 5,195 Handicap 78 SIGNA GE DEMOGRAPHICS 2015 3 Mile Radius Pylon Sign 32’ x 89’ 1/2” Pylon Sign Reader Board 6’8” x 14’8” TRAFFIC Population 130,288 Average Household Income $62,487 Median Housthold Income $51,595 Median Age 30.6 I-45 218,684 cars per day Almeda-Genoa 24,750 cars per day BUSH INTERNATIONAL AIRPORT NORTHWEST HOUSTON 5 Mile Radius Population 272,842 Average Household Income $61,748 45 59 90 290 610 KATY Median Housthold Income $48,605 Median Age 31.1 10 10 610 10 Mile Radius Population 851,847 Average Household Income $69,889 Median Housthold Income $51,837 Median Age 32.8 HUMBLE GULFGATE MALL 225 HOBBY AIRPORT 59 SUGARLAND 288 ALMEDA MALL PEARLAND BAYBROOK MALL 45 CLEAR LAKE AERIAL Thomas Hancock ISD Elementary I-4 5 H UT SO ,75 27 ALMEDA GENOA PD C 0 ALMEDA GENOA 7,6 21 84 D CP PAD AVAILABLE MALL SALES CONTINUE TO INCREASE The progress to date has already proven to be beneficial in increasing foot traffic and Tenant’s sales. In 2015, Mall sales were over $88 million dollars and National Tenant sales were over $353 psf. The Mall’s sales have increased over 32% from 2010 - 2015. Sub-categories: Anchor sales: Apparel sales: Jewelry sales: Shoe sales: Small Shop sales: 26% 50% 46% 30% 37% ALMEDA MALL SALES ALMEDA MALL NATIONAL SMALL SHOP SALES PSF INCREASE IN MALL SALES FROM 2012 – 2015 SHOWS STABILITY & STRENGTH IN THE MARKET Macy’s They spent $27 million dollars remodeling the Almeda Mall location which is indicative their long term vision for this market! • 2013 Sales: $26,845,000 (Top 10 Nationwide for increase 2013 over 2014) • 2014 Sales: $29,500,000 • 2015 Sales: $31,434,000 • Mid-year 2014 they were #1 in Houston, #4 in Texas and #16 in the Nation in increased sales over 2013. • By year end 2014 they were #5 in increased sales in the Country! • Identified as a ‘priority store for 2014!’ • In 2016 they’re adding a new cosmetic/fragrance kiosk that is projected to add $1 million in sales. • If they reach $30 million, they may expand into the 2nd floor which would add 100,000 SF. Burlington Coat Factory • 2013 Sales: $8,659,209 • 2014 Sales: $9,017,517 • 2015 Sales: final sales figures haven’t been turned in, but their manager has explained that even though they opened a new location at Crenshaw & BTWY 8, the sales for our location were up from 2014! They are preparing for an interior remodel and plan on a continued long & successful future at the mall. • Average sales are $8.4 million nationwide, so this is an above average store, and in one of their smaller SF footprints. DD’s Discounts • 2013 Sales: $3,500,000 • 2014 Sales: $4,400,000 • 2015 Sales: $5,000,000 Images 3.6.5 • Opened in November 2015 and are projected to do over $3.5 million in sales in 2016. Shoes: Kids Footlocker Champs Sports Footlocker Finish Line All Shoes $9.99 Shoe Envy Hibbett’s 21.04% 15.30% 19.15% 15.17% 47.97% 10.34% 9.36% Jewelry: Shirin Jewelers 50.00% Clothing: Uniforms & More Rainbow Lids Underground Station Journey’s 76.06% 16.60% 6.56% 16.36% 9.95% Additional Retailers: Bath & Body Works Cellular Zone Toys Glitter Oro Perfumania Gift Palace 37.49% 44.04% 20.08% 34.86% 38.82% 14.30% Food Court: Great American Cookie Thirsty’s Sam’s Burgers 23.82% 19.87% 18.53% REDEVELOPMENT SYNOPSIS The Redevelopment of the mall is nearly complete! This Redevelopment is improving the entire market for both Tenants and residents alike. COMPLETED REDEVELOPMENT TO DATE: • $27 million dollar remodeled Macy’s • DD's, Burlington Coat Factory and Ojos Locos Restaurant joined the Mall • New Mall Entrances and upgraded Landscaping • New Plyon Sign with Electronic Reader Board • New Interior Playground • Completely renovated Center Court and Common Areas • Newly paved parking lot and new pole lighting 2013 2016 Approved by ( Signature) ________________________________ (Printed Name, Title) ________________________________ Date ________________________________ 3118 Richmond Ave., Suite 200 Houston,Texas 77098 T 713.524.5555, F 713.524.4777 www.invdesgroup.com 2016 REDEVELOPMENT CURRENTLY UNDERWAY: • $7 million dollar remodel/remerchandising • Individualized Exterior Facades • Additional multi-tenant buildings on I-45 an on Kleckley Interim Review Only- Not for regulatory approval, permitting or construction. © Inventure Design Group. All rights reserved. No part of this document may be reproduced or utilized in any form without prior written authorization of Inventure Design Group. date 4/9/15 drawing name 3D Views BEFORE AFTER BEFORE AFTER BEFORE AFTER \ I I 7 L&' ,z2 BEFORE AFTER PROMINENT I-45 PYLON SINAGE AVAILABLE Pad 2nd Floor Space Available C Y’ MA S Available Pad N Almeda Mall Property | 5 I-45 SIDE RENDERING Power Center storefront facade available with exceptional visibility from I-45 where there are over 216,000 cars per day. EXCELLENT VISIBILITY FROM I-45 Clear line of site from cars on I-45 Opportunity for both exterior power center entrance & interior mall entrance to capture every customer KLECKLEY SIDE RENDERING REMERCHANDISING PLAN 10,445 SF 703 CREATIVE RESEARCH 526 4813 SF 244 7430 SF 57 HIBBETS SPORTING GOODS RAINBOW 242 240 226 224 5177 SF 7000 SF 6411 SF 4104 SF 59 60 546 544 542 548 1303 SF 1988 SF 1278 SF NEW YORK & CO JUNIOR APPAREL 246 2071 SF 2131 SF "FASHION COURT" 550 552 3306 SF 1449 SF 320 322 5028 SF 2168 SF MAGIC SHOTS 1858 SF 1700 SF 156 1,100 SF JOURNEYS 516 518 520 1000 SF 154 55 FINISH LINE 512 2287 SF 602 SF UNIFORMS N MORE 35 50 51 52 250 248 3000 SF GORDON’S JEWLERS 33 31 252 3993 SF LOLLIPOP 36 254 4640 SF 3D GAMES 134 "FITNESS COURT" VITAMIN WORLD 126 1403 SF MENS FACTORY 3375 SF PENDULUM WATCHES 260 861 SF PARFUMALL FLIRTY FRAGRANCE VILLA SEVILLA PIZZA PIZZA 258 508 730 SF 882 SF JR ANCHOR 6,936AISF RGRAFIX 1441 SF 3747 SF 2085 SF 526 SF 1,657 SF 2750 SF THIRST Y’S 264 500 SF 4114 SF 420 416 649 SF 675 SF 266 795 SF SHIRIN JEWLERS 414 800 SF CLAIRE’S BOUTIQUE BATH AND BODY 426 410610 SF SESAME HUT 268 GIFT PALACE FOOTLOCKER 430 836 SF 1112 SF ALMEDA WIRELESS 1008 SF SHOE ENVY GNC 432 SAM’S BURGERS GR. AMERICAN COOKIE CO. KIDS FOOTLOCKER 434 Make up and More GEOVANNI 716 2315 SF BIGG CITY 714 3747 SF 730 730A 704 1709 SF 712 6377 SF 734 706 8779 SF Krispy Krunchy Chicken 270 CHAMPS 412 398 SF ELLIDAS BRIDAL COSMETICS 601 SF 222 22,770 SF 272 5520 SF CRICKET 1547 SF AMIGO WESTERN AMIGO WEAR WESTERN GIFTS 2,000 SF ALL SHOES $9.99 79,385 SF 600 438 KALEIDO SCOOPS 408 125 TOYZ 702 3000 SF 2482 SF "FAMILY COURT" UNIFORM SUPER STORE 550 SF 444 24,660 SF INDOOR PLAYGROUND 740 SF 406 FOOTACTION USA JOURNEY KIDZ 4,560 SF UNDERGROUND STATION ORO NATIONAL PERFUMANIA PERFUME / VISIBLE CHANGES 456 2,021 SF TOY STORE; CANDY / ICE CREAM; SHOE STORE 238 7,684 SF MEN'SCOVE CLOTHING COSMETIC 4,104 SF 478 475 4,000 SF 4143 SF 402 6006 SF 1,544 SF 280 NATIONAL CLOTHING 7,684 SF 324 4520 SF 326 889 SF STARSHOTS 30,113 SF 502 2909 SF NATIONAL ACCESSORIES RETAILER 8,600 SF NATIONAL CLOTHING RETAILER 12,500 SF NATIONAL 564 5,401 SF NATIONAL TENANT 4,000 FS JEWELRY / GIFTS 3,257 SF VISION CLOTHING WORKS RETAILER 302 4500 SF 14,500 - 17,028 SF M&M HAIR RESTAURANT 10,445 SF REGIONAL JUNIOR PARKWAYAPPAREL STUDIOS 4,143 SF LADY WORLD CLOTHING JR ANCHOR 10,700 SF LIDS NATIONAL ANCHOR 25,000 SF 100 KLECKLEY DEVELOPMENTS With the Church - Convention Center – Hotel Development on the former Target Site and the Adult Day Care Center, Almeda Mall traffic will continue to increase! Mountain of Fire & Miracles Ministries Church Convention Center and Hotel Development Church construction is ongoing and should be complete by July 2016. They are spending approximately $3 million. Convention section will be open later with a $4 million investment. They plan to buy more Land and add a hotel and more parking. Nha Toi Adult Day Care Center Now Open and can serve 350 members who come in the day time and return home in the evening. NEWSWORTHY In addition to the $27 million dollars that Macy’s invested in the total store remodel, the overall market analysis on Macy’s is positive and shows long term stability for the company as a whole FOX PROPERTIES 1177 West Loop South, Suite 1670 Houston, Texas 77027 www. fox-properties.net AMANDA K. FOX 713-622-2007 wrk 713-829-8950 cell [email protected]
