Leasing Package - Trademark Property Company

HOUSTON, TEXAS
KIRBY & UNIVERSITY BOULEVARD
market
OVERVIEW
Located within “The Loop” at
the intersection of Kirby and
University Boulevard, 2 blocks
west of Rice University.
Rice Village is strategically located
with convenient access to some
of the best infill neighborhoods in
the City including West University
Place, Southampton, Southgate,
Southside Place, Boulevard Oaks,
Upper Kirby and Braeswood.
Daytime and visitor population
including Rice University (2 block
walk): the Texas Medical Center
(106,000 employees, 7.2 million
visitors), the Museum District
(8.7 million visitors to 18 cultural
institutions) and Greenway Plaza
(4.4 million sf of office)
4TH LARGEST CITY IN THE U.S.
The Rice Village trade area is highly educated, aspirational and underserved with
many wanting the best products and experiences they can afford. This is a strong
market for apparel/accessories, electronics, health/fitness, entertainment and
products that appeal to young active households.
DEMOGRAPHICS
1 MILE
3 MILES
5 MILES
21,667
184,314
475,570
$206,176
$140,580
$117,074
HH Income $75k+%
63.3%
51.7%
46.2%
HH Income $100k+%
56.2%
41.7%
36.6%
Ed. Bachelors+%
82.8%
69.8%
54.3%
Daytime Population
21,912
341,651
858,023
Population (2016)
Avg. HH Income
STRONG ASPIRATIONAL MILLENNIAL MARKET
Rice Village’s customer base is comprised of a relatively young
(67% ages 25–44) and racially/ethnically diverse consumer.
HIGH PERCENT OF MALE SHOPPERS
Men comprise 42% of the customer traffic compared to that in
a typical shopping center or mall (36%).
trade area
DEMOGRAPHICS
AERIAL
ALFRED'S DELICATESSEN • BAY SURF SHOP • BLANCHE'S DINER • GRAMOPHONICS • POOR MAN'S COUNTRY CLUB
then
Rice Village’s roots were in the depression-era (1930’s), when visionary John Olson acquired 60 vacant
lots. Since then, the Village has grown organically to become the most beloved urban district in the
City of Houston.
In the 40’s - 60’s, the neighborhood developed slowly. The Olson’s first shopping center in the Village
was built in 1948. These innovative original buildings still stand today. During the planning process,
John Olson studied some of America’s finest retail properties, including Country Club Plaza which
served as a model for the Village’s first leases.
The influx of young families into West University Place, Southgate and Southampton in the 1980’s
began the Village’s revival. In the mid-1980’s, Rice University began acquiring land, sewing the seeds
for development of a large concentration of national specialty shops that has been productive for
the last 30-years, and remains the retail core of the district to this day. The contemporary and artisan
evolution of the Village architechure and merchandising is underway.
Fun Fact:
In 1968, the Village’s Bay Surf Shop sold 7,000 surfboards, more than any other store in the U.S.
RICE FOOD STORE • MOELLER'S BAKERY • RODNEY'S • TOOTSIES • VILLAGE THEATER
TODAY
HOUSTON'S LARGEST, AUTHENTIC URBAN SHOPPING
DISTRICT • RIPE FOR EVOLUTION
• Rice Village today is a vibrant 18-block, 67 acre urban district that
includes over 300 shops and restaurants. It is an under served trade
area that is ready for the next generation of aspirational retailers.
• Rice University and Trademark are stewards of the largest property
portfolio in the Village encompassing 296,000 SF of retail buildings
and land for additional mixed-use development.
EVOLVE
VISION
Rice Village is an established mixed-use shopping district on a real street grid.
• We are collaborating with adjacent Village property owners and merchants to create a stronger unified shopping district with enhanced
streetscape, amenities, programming and parking management.
• Convenient storefront parking and centrally located garages.
• Enhanced common areas, landscaping, architecture and new public art will set the stage for the modern evolution of Rice Village.
The evolution of the Village is
underway, focusing on fresh
contemporary design, public art,
public space upgrades and new
programming elements.
FUTURE
Rice Village is the only authentic street
shopping district in Houston with the
critical mass to attract a rich collection
of best-in-class national, regional and
local retailers and artisan F+B.
new
AMHERST
STREET
• Fresh façades and storefronts
• Center section/passageway redesign
• Widened sidewalks
• Enhanced access to rooftop parking
• New micro retail building amidst a
historic tree grove
• New public plaza on corner of Kelvin
and Amherst
THE VILLAGE'S HIGH STREET FOR CONTEMPORARY RETAIL
DIVERSE
YOUTHFUL
market
HALL
• Two level “Public Market”
• Artisan vendors
• Prime venue for events
Oxbow Public Market – Napa, CA
Ferry Building – San Francisco, CA
DISTRICT WIDE LEADERSHIP + IDENTITY
ECLECTIC
AUTHENTIC
CONTEMPORARY
MIXED-USE
COLLEGIATE
ARTISAN
MERCHANDISING PLAN - TODAY
Stylingbar
Kit and Ace
Sephora
Talbots
Chico’s
KIRBY DR
AMHERST ST
PARKING GARAGE
D’Amico’s Italian
Market Café
Bath &
Body Works
Black Walnut
Café
Lily Rain
Sunglass Hut
Athleta
Express
Blue Mercury
Claire’s
Soma
Intimates
Yankee Candle
Starbucks
Papyrus
Ann Taylor
White House
Black Market
Victoria’s
Secret
ATM
Banana
Republic
LOFT
Almaza
Jewelers
UNIVERSITY BLVD
SECOND LEVEL
Impeccable
Pig
Gap, Gap Body,
Gap Kids & Baby Gap
Gymboree
La Madeleine
Hemline
Everything
But Water
KELVIN DR
55 Restaurant
and Bar
Jason’s Deli
Urban Outfitters
Clique
SECOND LEVEL
New York
& Company
MORNINGSIDE DR
Beautique
Day Spa
Le Creuset
Origins
Beautique
Day Spa
MAC
Cosmetics
Miss Saigon
Café
Beautique
Day Spa
Kendra Scott
Jewelry
GraceAnna’s
Boutique
The Pretty
Kitty
SECOND LEVEL
Myth Salon
Day Spa
TIMES BLVD
CURRENT
RETAILERS
ANN TAYLOR
ATHLETA
BLACK WALNUT CAFÉ
BLUEMERCURY
CHICO’S
ELAINE TURNER
EVERYTHING BUT WATER
GAP & GAP BODY
KENDRA SCOTT JEWELRY
LILY RAIN
LOFT
MAC COSMETICS
NEW YORK & CO.
ORIGINS
SEPHORA
SHAKE SHACK (COMING SOON)
SOMA
STARBUCKS
TALBOTS
URBAN OUTFITTERS
WHITE HOUSE | BLACK MARKET
HOUSTON, TX
August 2016
ricevillagedistrict.com
INVESTMENTS | DEVELOPMENT | INSTITUTIONAL SERVICES
1701 River Run, Suite 500, Ft. Worth, TX 76107 | 817.870.1122 | trademarkproperty.com