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Louis Joliet Mall Joliet (Chicago), Illinois
Louis Joliet Mall
Louis Joliet Mall Joliet (Chicago), Illinois
10 MILES
JOLIET, IL
ORLAND PARK, IL
AURORA, IL
NAPERVILLE, IL
DOWNERS GROVE, IL
Southwest Chicago-area powerhouse
Easily accessible from all directions
Market is a haven for young, upper-income families
Low cost of living and exceptional schools
THE CENTER Louis Joliet MallTHE MARKET STARWOOD
Property Description
major roads I-55 and Highway 30
total sf 980,000
# of stores 95
# of parking 4,600
center description Enclosed, one-level center
anchors Macy’s, JCPenney and a Cinemark 14-screen theater
key tenants H&M, Victoria’s Secret, PINK, Buckle, Pandora, Francesca’s, Shoe Dept. Encore, American Eagle Outfitters, Bath & Body Works / White Barn Candle, Panera, and Fridays
Only enclosed regional mall within 14 miles
Three-county draw of high-spenders
Easy access via extensive network of freeways and new Joliet Gateway Center for Metra and Amtrak
40 miles southwest of downtown Chicago
THE CENTER Louis Joliet MallTHE MARKET STARWOOD
“A nationally recognized school system, exceptional health care facilities, high quality and affordable
housing, and a rich cultural and artistic community”— Joliet Chamber of Commerce
THE CENTER Louis Joliet MallTHE MARKET STARWOOD
A Community Core For All
Located at high-trafficked corridors of I-55 and Route 30
109,600 vehicles pass by daily on nearby arteries
Heart of the region’s retail hub
“DigiTree” displays information about retailers, events and community happenings
Strong specialty store mix including the most in-demand tenants
Children’s play space draws families
Unique “digital” ficus tree brings cyberspace to our space
400-seat food court features cuisine from around the globe
THE CENTER Louis Joliet MallTHE MARKET STARWOOD THE CENTER Louis Joliet MallTHE MARKET STARWOOD
THE MARKET Louis Joliet MallTHE CENTER THE MARKET STARWOOD
Shipping Giant
Among the fastest growing counties in US
Largest inland container port in North America
Proactive business environment provides abatements and incentives
Industry dominated by medical, transportation, logistics, and hospitality
Third largest city in Illinois
Major Midwest transportation hub
Household retail spending trends well above US
Multiple colleges and growing tourism market
THE MARKET Louis Joliet MallTHE CENTER THE MARKET STARWOOD
Distance to Competition
Chicago Premium Outlets Driving – 19 mi, 39 min
Fox Valley Mall Driving – 14 mi, 28 min
Orland Square Driving – 19 mi, 38 min
Promenade Bolingbrook Driving – 15 mi, 17 min
Yorktown Shopping Center Driving – 24 mi, 35 min
Legend Primary Trade Area
Secondary Trade Area
Competition
Access Roads
(AADT= annual average daily traffic)
75,200 AADT
I-55
I-55
22,800 AADTNorth Essington Road
34,400 AADT30
16,300 AADTCaton Farm Road
3 MILES
Orland Square
CHICAGO MIDWAY AIRPORT
AURORA
ORLAND PARK
Chicago Premium Outlets
Promenade Bolingbrook
Fox Valley Mall
BOLINGBROOK
AURORA MUNICIPAL
AIRPORT
JOLIET
Louis Joliet Mall
NEW LENOX
I-80
I-80
I-57
ROMEOVILLE
I-355
PLAINFIELD
NAPERVILLE
TINLEY PARK
OAK LAWN
Yorktown Shopping Center
DOWNERS GROVE
THE MARKET Louis Joliet MallTHE CENTER THE MARKET STARWOOD
Area Attractions
The Chicagoland Speedway
Dragway - NASCAR & NHRA racing
Silver Cross Field (minor league baseball)
Harrah’s and Hollywood Casinos
Rialto Square Theater
Colleges
Joliet Junior College
University of St. Francis
Lewis University
Rasmussen College
Combined enrollment: 25,100
Legend Primary Trade Area
Secondary Trade Area
Colleges
Key Employers
30
I-55
I-80
I-55
Louis Joliet Mall
3 MILES
Presence Medical CenterHarrah’s Hotel & Casino
Silver Cross Hospital
Hollywood Casino
ULTA Beauty (HQ)
Ikea Distribution
Citgo Petroleum
Amazon Fulfillment Center
Will County Government
Joliet Junior College
University of St. Francis
Lewis University
Rasmussen College
BOLINGBROOK
ROCKDALENEW LENOX
ROMEOVILLE
JOLIET
PLAINFIELD
I-355
Mars Candy Distribution
Center (Channahon) Amazon Fulfillment Center
Amazon Cross Dock Facility
ExxonMobil Refinery
(Channahon)
THE MARKET Louis Joliet MallTHE CENTER THE MARKET STARWOOD
Demographics PTA1 STA2 TTA3 US Avg
Population 2019 estimate 149,443 297,320 446,763
2024 projection 152,370 301,486 453,856
% growth 2019–2024 2.0% 1.4% 1.6% 3.6%
PopulationBy Race
White 72% 78% 76% 70%
Black 12% 10% 10% 13%
Asian 4% 2% 3% 6%
Hispanic Ethnicity 24% 20% 21% 18%
Median Age 37 38 37 39
% age 15-24 15% 14% 14% 14%
% age 25 to 44 26% 26% 26% 26%
% age 45 to 64 25% 26% 26% 26%
Households 2019 estimate 49,734 100,588 150,322
2024 projection 50,391 101,763 152,154
2019 households with kids under 18 45% 41% 42% 34%
Average Household Income
2018 estimate $98,969 $94,794 $96,175 $89,646
% earning $100,000+ 38% 36% 37% 30%
2024 projection $110,369 $105,681 $107,234 $98,974
Education % college educated 62% 57% 58% 60%
1-MILE 3-MILE 5-MILE 10-MILE
Business & Employment
business establishments 395 2,567 6,486 14,534
daytime employment 5,254 26,185 67,140 174,846
1 Primary Trade Area 2 Secondary Trade Area 3 Total Trade Area
37% of trade area households earn $100,000+ vs. 30% nationally
Nearly 1 in 2 primary trade area households have children at home, well above US average
80% home ownership in trade area vs. 65% nationally
55% growth in primary trade area since 2000
STARWOOD Louis Joliet MallTHE CENTER THE MARKET
Scott Wides / Director, Leasing / 406.860.5585 / [email protected]
Bill Cikalo / Director, Big Box Leasing & Development / 312.283.5121 / [email protected]
Jake Miller / Director, National Restaurant and Entertainment Leasing / 614.256.7385 / [email protected]
California Metreon Northridge Mall Parkway Plaza Plaza West Covina Solano Town Center
Colorado Belmar
Connecticut Blue Back Square
Florida The Mall at Wellington Green Westland Mall
Georgia The Collection at Forsyth
Illinois The Arboretum of South Barrington Chicago Ridge Mall Louis Joliet Mall The Promenade Bolingbrook
Indiana Southlake Mall
Kentucky Hamburg Pavilion
Michigan Fairlane Town Center The Mall at Partridge Creek
Montana Rimrock Mall
Nebraska Gateway Mall
North Carolina Northlake Mall
Ohio Belden Village Mall Franklin Park Mall Great Northern Mall SouthPark Mall
Texas The Shops at Willow Bend
Virginia MacArthur Center Stony Point Fashion Park
Washington Capital Mall Kitsap Mall
Sources: The Nielsen Company 2019, State Department of Transportation, State and Local Economic Development Resources Starwood Retail Partners 1 East Wacker Drive Suite 3600 Chicago, IL 60601 www.starwoodretail.com
Starwood Retail Partners
5th largest manager of regional malls in the US
30 malls and lifestyle centers, with locations in 11 of the top 20 DMAs
100 million+ combined annual visits
$95,400 trade area average household income
