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Village at NewtownNewtown Township • Bucks County, PA
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Village at Newtown
Redevelop • Remerchandise • Reimagine
The Village at Newtown has long been ingrained in the market as the epicenter of this affluent community. The center sits on the precipice of a $35MM redevelopment and expansion to add 60,000 SF of retail and restaurant space for a total of 225,000 SF. Fully remodeled facades, pedestrian-friendly crosswalks and new public gathering spaces will revitalize existing shops, attract new brands and create a vibrant food and beverage scene. Anchored by an existing McCaffrey's Food Market, a dominant regional gourmet grocer, the new era of this center will drive a high frequency shopper with all of the true lifestyle amenities befitting a market of this caliber. From apparel to high-end boutique fitness, entertainment, coffee and full-service dining, the new Village at Newtown will be a relevant and dominant destination for Newtown and its surrounding communities.
2.
PRINCETON
35 MILES
PHILADELPHIA
KING OF PRUSSIA
Willow Grove
30 MILES
20 MILES
VILL
AG
E AT NEWTOWN
regional overview
3.
NEWTOWN DETAIL
INTERSTATE
95
413
413
532
532
332
Yarley
Newtown, Pennsylvania is situated 30 miles northeast of Philadelphia and 20 miles
southwest of Princeton, NJ. The Village at Newtown sits just
a short drive from exit 49 on Interstate 95 in the heart of
lower Bucks County.
Within the Trade Area there are close to 290,000 people with
an average household income in excess of $124,000 and split
51/49 female to male.
local positioning, regional pull
strong demographics
zoomed map
4.
DURHAM RD
EA
GLE
RD
WASHINGTON AVE
NEWTOWN YARDLEY RD
SWAMP RD
NEW
TOW
N B
YPA
SS
S. STATE ST
WO
OD
BO
UR
NE R
D
S. SY
CA
MO
RE
ST
DOLINGTON RD
LIN
DE
NH
UR
ST
RD
10,000 AADT
11,000 AADT
25
,00
0 AA
DT
7,9
00 A
AD
T
34,000 AADT
24,000 AADT
42,000 AADT
64,000 AA
DT
28,0
00 AAD
T
95INTERSTATE
95INTERSTATE
EXIT 49
RT. 413 RT. 532
Village at Newtown South
Summit Square
COUNCIL ROCK HIGH SCHOOL2,213 Students
BUCKS COUNTY COMMUNITY
COLLEGE
7,000 Students
GEORGE SCHOOL
HOLY FAMILY UNIVERSITY
NEWTOWNMIDDLE SCHOOL
Goodnoe’s Corner
Newtown Shopping Center
The Promenade in Newtown
Village at Newtown
aerial
5.
SWAMP RD
S. S
TATE
ST
S. S
YCA
MO
RE S
T
DURHAM RD
EA
GLE
RD
10,000 AADT
25,000 AA
DT
11,000 AADTWASHINGTON AVE
COUNCIL ROCK HIGH SCHOOL2,213 Students
NEWTOWN MIDDLE SCHOOL
Newtown Shopping Center
Goodnoe’s Corner
Village at Newtown South
The Promenade in Newtown
Village at Newtown
zoomed aerial
6.
This affluent and historic bedroom
community was founded in 1684 and has
become a thriving commercial crossroads
amidst surrounding bucolic suburban towns.
The unique shopping destination enjoys
both tremendous regional pull and easy
neighborhood access from a strong network
of heavily trafficked local roads. While
Newtown enjoys a fabulous reputation as
a market of highly educated and affluent
families, it also serves as a shopping
and dining destination for many similar
communities within a very short drive. Within
the trade area there are 285,000+ people
with an average income of $125,000 and over
50% of the population has a higher education
degree. The community is further supported
by strong daytime population around the I-95
interchange and many downtown white collar
small businesses.
newtown, pa
7.
In 1870, the Newtown gate was erected at
Durham Road and Sycamore Street. This
small building served as the home and
headquarters of the gatekeeper. The cost
was one cent for pedestrians, two cents for
animals, and later, five cents for automobiles.
In 1955, the residence moved to its current
location after 30 years of non-use. Today,
Brixmor plans to fully renovate the historic
Toll House, which will serve as the future
home of an artisanal dessert cafe.
The Toll House
8.
*All demographic information from Sites USA 2016
Est. Total Employees
Education
Est. Population
Est. Avg. Household Income
289,346
$124,573
155,659
Bachelor's Degree
28.4%Graduate Degree
20.3%$250,000 to $450,000 $150,000 to $250,000 Less than $75,000$75,000 to $150,000
309
332
113
32
32
413
33
29
68
202
202
1
206
130
1
276
295
95
95
newtown, pa
10 mi
trade area demographics
9.
1
46
45
44
43
42
41
40 38 37 353639
2
3
4
5
6 7 8 9 10 11 12 13 14 1615 17 19 20
21
23
24
25
2627 28
2930
31
32
33
34
2218
53
52
4847
49
50 51 Goodnoe's Corner
1 McCaffrey's Food Market
2 Valley Cleaners
3 Island Sun Tanning
4 Schuylkill Valley Sports
5 Hallmark
6 School of Rock
7 Hand & Stone
8 Glasses Galore
9 3,417 SF for Lease
10 Apricot Lane
11 Supercuts
12 2,259 SF for Lease
13 1,000 SF for Lease
14 1,003 SF for Lease
15 2,256 SF for Lease
16 4,885 SF for Lease
17 1,636 SF for Lease
18 PetValu
19 GNC
20 Oishi Sushi
21 Serenity Nails & Spa
22 Salad Works
23 Pier 1 Imports
24 KO Korean
25 Dolce Carini
26 Learning Express Toys
27 2,426 SF for Lease
28 Bookshop
29 3,713 SF for Lease
30 1,808 SF for Lease
31 1,957 SF for Lease
32 Party Fair
33 3,767 SF for Lease
34 Harvest Restaurant
36 Full-Service Restaurant
37 Apparel
38 QSR
39 QSR
40 Kitchen Store
41 QSR
42 Full-Service Restaurant
43 Apparel
44 Cosmetics
45 Women's Apparel
46 Women's Apparel
47 Wells Fargo
48 Athletic Apparel
49 Tollhouse
50 Premier Urgent Care
51 Barre 3
52 Cafe
53 Bank
New Construction
leasing plan
10.
View fromDurham Road looking west
View from Durham Road
looking east
renderings
11.
View of Building 2with planned facade renovations
renderings
12.
McCaffrey's Food Markets
— James J. McCaffrey, President
The Village at Newtown has been one of our top-performing locations
with consistent sales growth every year since we opened in 2013.
Newtown serves as the shopping and dining hub for the greater Bucks
County market, consistently bringing in customers from up to 10
miles away. As a locally owned business, the ability to serve such a far
reaching community is extremely valuable. The Village at Newtown's
ideal positioning is a key reason that we chose this location for our
business. What's more, McCaffrey’s has enjoyed a strong relationship
with the Newtown community since opening. We are confident that the
redevelopment of the Village will further strengthen the center’s appeal
and continue to enable McCaffrey’s to provide exceptional quality, value
and service to the greater Bucks County region.
testimonial
13.
barre3
— Lauren Ziel Owner & Instructor
I opened barre3 in the Village at Newtown three and a half years ago
and feel very fortunate with the success of the business thus far. We
continue to bring in new clients every day, about 100 per month, and
many of our original clients continue to be dedicated members of
our studio community. We've grown our schedule from 23 classes in
July 2013 to 57 classes as of December 2016! Our location in town,
proximity to shopping, and access to parking in the center have all
contributed to this success. In a service business like fitness, location
does matter. Our clients enjoy the hassle-free access to the studio
so they can arrive on time with no stress. It's especially nice to have
McCaffreys in the shopping center, as well as some other popular
businesses, for our clients to visit pre- or post-barre3. Like a one-stop-
shop! Our clients come from all the surrounding towns to Newtown,
and they all find it easy to access and convenient.
testimonial
14.
Oishi Restaurant & KO Modern Korean
— John Im Owner & Operator
My family and I have owned and operated restaurants at the Village
at Newtown for over 17 years. Thanks to our success at the center,
we've undergone three expansions, launched a new concept, and are
currently in the process of opening a third location.
The restaurant business is not an easy one; I often lay awake at night
worrying about a myriad of potential pitfalls from crucial issues like
food costs, to more trivial concerns such as our phone system. One
thing I've never worried about was location. The Village at Newtown is
THE place to be in Newtown. I often run into my customers shopping at
McCaffrey's or picking up my dry cleaning. Over the years, I’ve witnessed
Newtown grow exponentially by attracting both businesses and young
families. With a nationally ranked school system and easy access to
Philadelphia and New York, I’m supremely confident that we are in a
strong location for many years to come.
testimonial
15.
The information contained herein has been obtained from sources deemed reliable. MSC cannot verify it and makes no guarantee, warranty or representation about its accuracy. Any projections, opinions, assumptions or estimates provided by MSC
are for discussion purposes only and do not represent the current or future performance of a property, location or market.
For leasing information, please contact:
Stanton BrownSenior Vice [email protected] x712
Josh BrawerLeasing [email protected]
MSCretail.com • 1845 Walnut Street, 6th fl • Philadelphia, PA
Douglas GreenManaging [email protected] x718
Laura Parke-CarsonVP [email protected]
Brixmor Property Group is one of the largest grocery-anchored shopping center owners in the country. Their portfolio of over 500 community and neighborhood retail centers, totaling 87 million square feet, in 38 states can help their retail partners efficiently expand their footprints, evolve their concepts and drive significant foot traffic to their stores.
contact
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