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POLARIS FASHION PLACE OHIO1500 Polaris Parkway, Columbus, Ohio 43240
CONTENTSTABLE OF
Property Highlights
Market Snapshot
By the Numbers
Portfolio Events and Activations
Local Landscape
Location
SNAPSHOTMARKET
Columbus is home to 2 million shoppers; the best library, science
center and zoo in the country; and Polaris Fashion Place. Although
Columbus is the 15th largest city and 4th largest capital in the country,
it still feels like a friendly Midwestern hometown. It’s been named
one of the seven smartest cities in the world, the #1 city for startups,
and has been recognized by National Geographic, Forbes, and Time
Magazine for its people and its culture.
With 122,000 new jobs and a 6% population increase in the last
5 years, Columbus is quickly becoming a place for a young and
affluent population to plant roots.
Columbus offers:
• Low cost of living
• Exciting career opportunities
• Top-notch schools and universities
• Championship-winning sports teams
Five Fortune 500 companies and numerous other major businesses
have headquarters and offices in Columbus. JPMorgan Chase Bank
Corporate Center is just a half mile from Polaris Fashion Place, and
L Brands, Victoria’s Secret, Express, Abercrombie & Fitch, and
Designer Shoe Warehouse all have headquarters nearby. More than
60 universities educate 136,000 students per year, and the Columbus
Blue Jackets hockey team, the Columbus Clippers baseball team, and
the Ohio State Buckeyes keep the athletic community spirit thriving.
The Columbus region sees 40 million visitors per year, and 29% of its
tourist dollars comes from retail spending. With this in mind, Polaris
Fashion Place is poised to attract shoppers from around the country
as well as its own backyard.
Columbus has 40 million visitors per year and 29% of tourism sales in the region come from retail spending.
LOCATION
The power of Polaris Fashion Place is its location. If Columbus were a clock, Polaris Fashion Place would be at 12:00. The mixed-use lifestyle destination, with both open air and enclosed formats, is located in southern Delaware County, one of the U.S.’s fastest-growing areas and one of the nation’s wealthiest counties. Situated just 2 miles north of Interstate 270 on Interstate 71, Polaris Fashion Place is within 20 minutes of all major Central Ohio hubs, including downtown Columbus and The Ohio State University. It is also within 2 hours of Cleveland and Cincinnati. In addition, Polaris Fashion Place is just 20 minutes—all freeway—from John Glenn Columbus International Airport. Interstate 71’s high traffic volume provides tremendous visibility to the property, with upwards of 135,000 cars daily passing by, in addition to the over 58,000 cars and 35,000 cars driving by each day on nearby Polaris Parkway and Gemini Place. Development of the surrounding area has exploded over the past 2 decades, with over 4 million square feet of nearby office space. Over 180 nearby companies currently employ over 25,000 people, and the area is poised for sustained growth with room to add an additional 4 million square feet of office space. The catchment area within 20 miles is expected to grow from 1.4 million to over 1.5 million people in the next 5 years.
POLARIS
COLUMBUS
WESTERVILLE
DELAWARE
POWELL
MARYSVILLE
DUBLIN
WHITEHALL
REYNOLDSBURG
GAHANNA
HILLIARD
WEST JEFFERSON
5 MI20 MI 10 MI
23
71
3642
33
270
70
70
315
PICKERINGTON
RADIUS DEMOS
Population5 Mile 213,47210 Mile 688,24620 Mile 1,597,833
Households5 Mile 84,02510 Mile 282,84420 Mile 652,882
Avg. Household Income5 Mile $138,05210 Mile $122,51220 Mile $103,370
Median Age5 Mile 37.510 Mile 36.220 Mile 35.7
Total Annual Consumer Expenditures20 Mile $43.1B
Experian, 2023 Projection
BY THE NUMBERS
LOCAL LANDSCAPE
EAT1. BJ’s Restaurant & Brewhouse,
Mitchell’s Steakhouse2. Eddie Merlot’s3. Bar Louie; Chuy’s, MacKenzie
River Pizza, Grill & Pub; Carrabba’s Italian Grill
4. Red Robin Gourmet Burgers, Roosters, Jason’s Deli
5. Matt the Miller’s Tavern, Noodles & Company, Corner Bakery Café
PLAY6. Star Lanes7. Cinemark8. TopGolf
SHOP9. Polaris Towne Center10. Cabela’s11. Costco12. Lowe’s Home Improvement,
Target13. IKEA14. Art Van Furniture15. Morris Home,
Ashley HomeStore16. Value City Furniture
STAY17. Hilton18. Residence Inn by Marriott19. Staybridge Suites, Cambria
Hotel & Suites20. Extended Stay America,
Hilton Garden Inn21. Comfort Inn
*Not Shown
17
18
19
20
21
9
10
1112
13
6
7
8
1
2 3
4
5
GEM
INI P
L
PO
LA
RIS
PK
WY
71
14
15 16
PROPERTY HIGHLIGHTS
GLA1,186,231
ANCHORSBarnes & Noble, Dick’s Sporting Goods/Field & Stream, Fieldhouse USA (coming 2020), Forever 21, H&M, JCPenney, Macy’s, Saks Fifth Avenue, Von Maur
KEY RETAILERSMore than 140 inline retailers including Altar’d State, Apple, Brooks Brothers, Dave & Busters, Disney Store, lululemon athletica, Lush, Mac Cosmetics, Madewell, Pottery Barn Kids, Sephora, Victoria’s Secret, White House | Black Market, and Williams Sonoma
DINING/RESTAURANTSBenihana, BJ’s Brewhouse, Brio Tuscan Grille, California Pizza Kitchen, The Cheesecake Factory
WHAT’S NEWPolaris boasts 66k of new or remodeled tenants in the last 18 months. Updates and additions include: an expanded Altar’d State, A’Beautiful Soul, Bibibop, Tea and Spice Exchange, and a newly remodeled lululemon. Abercrombie Kids will open its new prototype in November New York and Company, Dry Goods, Nori Japan, Box Lunch and Seventh Sense are also new to the project.
In late 2019, Polaris is introducing KTCHN to the Food Hall, which features a rotation of local vendors. 2020 will be an exciting year as the Food Hall will see a complete remodel.
Average Monthly Property Reach
13.6MProperty Page Views
80% Mobile Users
160+ Social Media Accounts
We are focused on the unique experience we create at each of our town centers. By providing a mix of things to do and things to buy, our properties deliver the right combination of tenants, activities and events to keep shoppers engaged and returning often.
Our centers serve as incubators for new and growing brands that want to test in new markets. Our exclusive eCommerce platform, Tangible, illustrates that retail is no longer defined by four walls. In addition to traditional bricks and mortar, we allow tenants access to our entire portfolio via targeted digital media strategies, unique sponsorhsip opportunities and pop-up shops.
We support local and curate accordingly.
Between concert series, well-being initiatives, common area activations and dynamic programming, our portfolio-wide event cadence creates and drives traffic to our properties.
We engage our shoppers in person and online. In addition to property activations, we have broad national reach via our digital and social platforms.
BY THE NUMBERS:3000Unique Events
300MAnnual Guests
85MSocial Impressions
Note: 2018 Portfolio-Wide Data
700K Email Subscribers
72KReviews
46%5 Star Reviews
21M+ Emails Sent
41K
EVENTS, ACTIVATIONS & BRAND PARTNERSHIPS
WASHINGTONPRIME.COM
CONTACT
LEASINGMorgan May614.887.5695
SPECIALTY LEASINGCarrie Kountz614.456.0123
DEVELOPMENTDan Scott
BRAND PARTNERSHIPSBrian Ciccone 614.887.5760
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