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kiterealty.com888 577 5600
HOLLY SPRINGSTOWNE CENTERHOLLY SPRINGS, NC
Charlie CoyneSenior Vice President/Regional [email protected]
Matt LarsonVice [email protected]
317-577-5600 1kiterealty.com01/23/18
KITE REALTY GROUP 30 South Meridian Street, Suite 1100, Indianapolis, IN 46204
ABOUT US
• Publicly traded on the NYSE since 2004, Kite Realty Group has a successful history in the real estate industry dating back to the 1960’s.
• Over $3.5 billion in assets including 117 operating properties comprising over 23.1 million square feet and two developments currently under construction.
• Kite Realty Group is a full-service, vertically integrated real estate investment trust (REIT) engaged in the ownership and operation, development and redevelopment of high-quality neighborhood and community shopping centers in selected markets in the United States.
• Kite Realty Group owns and operates properties in 20 states including Alabama, Arizona, Connecticut, Florida, Georgia, Illinois, Indiana, Nevada, New Hampshire, New Jersey, New York, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Utah, Virginia, and Wisconsin.
Information accurate as of September 30, 2017
317-577-5600 2kiterealty.com01/23/18
KITE REALTY GROUP 30 South Meridian Street, Suite 1100, Indianapolis, IN 46204
Stoney Creek CommonsNoblesville / Indianapolis
Geist PavilionFishers / Indianapolis
Fishers StationFishers / Indianapolis
Castleton CrossingIndianapolis
Bridgewater MarketplaceWestfield / Indianapolis
Cool Creek CommonsWestfield / IndianapolisGreyhound CommonsCarmel / Indianapolis
Hamilton Crossing CentreCarmel / Indianapolis
Rangeline CrossingThe CornerCarmel / Indianapolis
Traders PointIndianapolis Rivers Edge
IndianapolisGlendale Town CenterIndianapolis
Pan Am PlazaIndianapolis 30 South
Indianapolis
Indianapolis Metro
Colonial SquareFt. Myers
Riverchase PlazaTarpon Bay PlazaPine Ridge CrossingCourthouse ShadowsKings Lake SquareShops at Eagle CreekTamiami CrossingNaples
Estero Town CommonsEstero / Naples
Burnt Store MarketplacePunta Gorda
Southwest FloridaColonial Square
Southwest Florida
Westside MarketFrisco / Dallas
Waxahachie CrossingWaxahachie / Dallas
University Town CenterNorman / Oklahoma City
Silver Springs PointeOklahoma City
Shops at MooreMoore / Oklahoma City
Market Street VillagePipeline PointHurst / Dallas
Colleyville DownsColleyville / Dallas
Plaza at Cedar HillCedar Hill / Dallas
Chapel Hill Shopping CenterFort Worth
Plaza VolenteAustin
Kingwood CommonsKingwood / Houston
Portofino Shopping CenterThe Woodlands / Houston
BurlingtonSan Antonio
Sunland Towne CentreEl Paso
See Inset Map
Cobblestone PlazaPembroke Pines / Fort Lauderdale
Delray MarketplaceDelray Beach
12th Street PlazaIndian River SquareVero Beach
Hunter’s Creek PromenadeOrlando
Gainesville PlazaGainesville
Bolton PlazaOrange Park /Jacksonville
Bayport CommonsTampa / Oldsmar
Northdale PromenadeTampa
Lake City CommonsLake City
Shops at Julington CreekJacksonville
Palm Coast LandingPalm Coast
Saxon CrossingOrange City
International Speedway SquareDaytona Beach
Pleasant Hill CommonsKissimmee / Orlando
Waterford Lakes VillageShoppes of EastwoodOrlando
Lake Mary PlazaLake Mary / Orlando
The Landing at TraditionTradition Village SquarePort St. Lucie
Miramar SquareMiramar / Ft. Lauderdale
Temple TerraceTemple Terrace / Tampa
Center Point CommonsBradenton
Kite Realty Group LocationsCity / MSA
Lithia CrossingValrico / Tampa
Merrimack Village CenterMerrimack
Killingly CommonsDayville
City CenterWhite Plains
Bayonne CrossingBayonne
Livingston Shopping CenterLivingston
Landstown CommonsVirginia Beach
Moore / Oklahoma City
See Inset Map
Boulevard CrossingKokomo
Eddy Street Commonsat Notre DameSouth Bend
Beacon HillCrown Point
Fox Lake CrossingFox Lake / Chicago
Naperville MarketplaceNaperville / Chicago
Village at Bay ParkAshwaubenon / Green Bay
South Elgin CommonsElgin / Chicago
Lima MarketplaceFort Wayne
Eastgate PavilionCincinnati
Bell Oaks CentreNewburgh / Evansville
Draper CrossingDraper PeaksDraper / Salt Lake City
Centennial CenterCentennial GatewayLowe’s PlazaLas Vegas
EastgateHenderson / Las Vegas
Eastern BeltwayLas Vegas
Rampart CommonsLas Vegas
Cannery CornerNorth Las Vegas / Las Vegas
The CornerTucson
Bolton Plaza
Newburgh / EvansvilleNewburgh / EvansvilleNewburgh / EvansvilleNewburgh / EvansvilleNewburgh / EvansvilleNewburgh / EvansvilleNewburgh / EvansvilleNewburgh / EvansvilleNewburgh / Evansville
Centre at PanolaLithonia / Atlanta
Beechwood PromenadeAthens
Publix at AcworthAcworth / Atlanta
Trussville Promenade I & IIBirmingham
Oleander PlaceWilmington
Holly Springs Towne CenterHolly Springs / Raleigh
Memorial CommonsGoldsboro
Broadstone Station Apex / Raleigh
Publix at WoodruffShoppes at Plaza GreenGreenville
Cool Springs MarketFranklin / Nashville
Parkside Town CommonsCary / Raleigh
Mullins CrossingEvans / Augusta
Hitchcock PlazaAiken / Augusta
Toringdon MarketCharlotte
Hamilton CrossingAlcoa / Knoxville
Lakewood PromenadeJacksonville
Belle Isle StationOklahoma City
Northcrest Shopping CenterPerimeter WoodsCharlotte
PORTFOLIO
317-577-5600 3kiterealty.com01/23/18
HOLLY SPRINGS TOWNE CENTER 1004 New Hill Road, Holly Springs, NC 27540
• Holly Springs Towne Center Phase 1 anchors include: Target, Marshalls, Pier 1, ULTA, Dick’s Sporting Goods, Petco, and Michaels. Phase II is anchored by: 02 Fitness, Bed Bath & Beyond, DSW, and AMC - a nine screen, upscale, dine-in, theatre.
• Holly Springs ranked sixth in NerdWallet’s “Best Cities for Young Families in North Carolina” 2017 list. Home affordability, prosperity and growth, quality of education, and family friendliness were considered. Holly Springs has several other rankings including: “Best Small Cities in the Nation” by Nerdwallet in 2016 and the “Safest Place in N.C” for 2017 by NeigborhoodScout.
• The North Main Athletic Complex opened in 2015 across the 55 Bypass from Phase 2 of Holly Springs Town Center. The complex features: Synthetic turf sufficient to contain 2 high school-regulation-sized soccer fields, 8 regulation-sized and 4 youth-sized tennis courts, 1,680-seat multi-sports stadium with synthetic turf and lights, restrooms, and concessions area. The complex has an economic impact of $7 million annually.
• Sequirus and the Holly Springs Business Park are less than a mile away. Sequirus manufactures flu vaccines and employs 800 people in highly skilled jobs.
• Holly Springs leads Wake County municipalities in job growth. According to the N.C. Department of Commerce study published in 2015. businesses have created more than 3,000 new jobs since 2010 – a 26% increase in employment during a five-year period.
Anchors: 02 Fitness, Target, Marshalls, Pier 1, ULTA, Dick’s Sporting Goods, Petco, Michaels, Bed Bath & Beyond, DSW, AMC Dine-In
317-577-5600 4kiterealty.com01/23/18
HOLLY SPRINGS TOWNE CENTER 1004 New Hill Road, Holly Springs, NC 27540
317-577-5600 5kiterealty.com01/23/18
HOLLY SPRINGS TOWNE CENTER 1004 New Hill Road, Holly Springs, NC 27540
317-577-5600 6kiterealty.com01/23/18
HOLLY SPRINGS TOWNE CENTER 1004 New Hill Road, Holly Springs, NC 27540
317-577-5600 7kiterealty.com01/23/18
HOLLY SPRINGS TOWNE CENTER 1004 New Hill Road, Holly Springs, NC 27540
Holly Springs Towne Center 1 MILE 3 MILE 5 MILE 7 MILE 10 MILE
Population Estimate 2017 4,855 34,334 87,022 164,159 300,807
Transient Population Estimate (Hotel / Motel) 96 155 326 803 1,466
Seasonal Population Estimate 5 50 155 384 638
Projected Population 2022 5,798 40,748 101,334 187,152 337,188
Projected Annual Growth 2017 - 2022 3.62% 3.48% 3.09% 2.66% 2.31%
2010 Census Population 3,560 25,525 66,934 130,958 247,965
Historical Annual Growth 2010 to 2017 4.37% 4.17% 3.69% 3.17% 2.70%
Households Estimate 2017 1,604 11,674 29,928 57,931 109,972
Households With Children 45% 48% 46% 44% 41%
Projected Households 2022 1,918 13,858 34,864 65,969 122,693
Median Age 35 35 37 39 39
Average Household Income $102,095 $103,873 $109,680 $111,411 $106,383
Median Household Income $87,982 $88,700 $91,795 $92,312 $86,851
HHs with Income Over $75,000 976 6,952 18,177 35,191 63,064
HHs with Income Over $75,000 (%) 60.84% 59.55% 60.74% 60.75% 57.35%
Bachelors Degree or Higher 54.74% 53.40% 54.08% 54.42% 54.47%
Workplace Employees 1,515 5,755 21,440 51,832 115,608
Population: White 76.95% 76.53% 78.70% 80.09% 77.66%
Population: Black 15.70% 14.87% 12.08% 10.50% 9.94%
Population: Hispanic 5.89% 6.98% 7.50% 6.97% 8.02%
Population: Asian 3.27% 3.41% 3.75% 4.40% 6.67%
Population: Other Races 4.08% 5.19% 5.48% 5.01% 5.73%
© 2017, Trade Area Systems / Demographic Source: Synergos Technologies, Inc. (PopStats)
317-577-5600 8kiterealty.com01/23/18
HOLLY SPRINGS TOWNE CENTER 1004 New Hill Road, Holly Springs, NC 27540
Holly Springs Housing Market
• The TriEx expansion and exit is bringing explosive
growth to Holly Springs. The town has also been
ranked “Best Place to Raise Kids in North Carolina”
by Bloomberg Businessweek, making it an attractive
option for people relocating for jobs in the Raleigh
Market.
• Within a 3 Mile radius there are 9,500 future homes
already approved.
• Within the primary trade area there are 14,600+
future approved homes.
• Triangle new home market demand in 4Q15 was the
strongest since 3Q08 – up 23% year ove year with
new home starts up nearly 17% from the previous year
(4Q14).
• Housing demand is up, as there is now only a 4.6
month supply of homes available.
• Homes priced between $200K-$350K lead the
market in production growth and now represent
55% of the total market.
317-577-5600 9kiterealty.com01/23/18
HOLLY SPRINGS TOWNE CENTER 1004 New Hill Road, Holly Springs, NC 27540
Schools in the Holly Springs Trade Area
Wake County Public School System (WCPSS) is the 16th largest school district in the United States and the largest school system in North Carolina. The student population has almost tripled since 1980 and as many as 20,000 addi-tional children are expected in classrooms by 2020.
• Four new school sites within the trade area have already been acquired by WCPSS. A new elementary behind
Holly Springs Town Center, Oakview Elementary will open for the 2016/2017 School year with capacity
for 800 students.
• Within the Holly Springs trade area, enrollment grew by 598 students, a 2.6% increase from the previous
year.
• Enrollment counts in Apex, Holly Springs, and Fuquay Varina have continued to climb throughout the recession. High school enrollment within the trade area increased by 4.7% from last year, adding 304 new students.
• Elementary schools with the highest increases include Willow Springs Elementary with 7.9% and Herbert
Atkins Elementary with a 6.8% increase in enrollments y-o-y. Two elementary schools added additional temporary classrooms - Fuquay Varina Elementary and Penny Road Elementary.
• Many schools in the trade area already exceed current building capacity and are using temporary classrooms. Elementary Schools are 12% over capacity and high schools exceed capacity by 37%.
2014-2015 Enrollment
2013-2014 Enrollment
2012-2013 Enrollment
2011-2012 Enrollment
2010-2011 Enrollment
2009-2010 Enrollment
Elementary 10,700 0.8% 10,619 2.0% 10,411 1.7% 10,234 1.0% 10,130 2.3% 9,903 1.3%
Middle 5,841 3.8% 5,628 2.4% 5,498 2.1% 5,385 4.7% 5,142 6.8% 4,815 1.7%
High 6,762 4.7% 6,458 5.3% 6,133 4.9% 5,846 3.3% 5,657 5.5% 5,363 6.0%
Total Current Enrollment
23,303 2.6% 22,705 3.0% 22,042 2.7% 21,465 2.6% 20,929 4.2% 20,081 2.6%
Source: Wake County Public School System
317-577-5600 10kiterealty.com01/23/18
HOLLY SPRINGS TOWNE CENTER 1004 New Hill Road, Holly Springs, NC 27540
North Main Athletic Complex
North Main Athletic Complex is an all-sports stadium that offers seating for
1,680, and space for at least an additional 1,200 attendees. The 1,680 seats are not bleachers, but individual seats. The field will also be synthetic turf. Included in the current sports line-up are baseball, youth football and lacrosse.
The primary tenant for the stadium will be the Coastal Plain League (CPL). Over the course of the year, the CPL will be using the stadium about 30% of the time. The Stadium will also offer full concessions with pizza, hot dogs, beer and everything you’d expect to find at a ball park.
There are 14 teams across the Carolinas and Virginia. CPL welcomes over 546,000
fans into its ballparks for the season.
In addition to the CPL, the new facility will host the youth football, youth soccer and youth lacrosse through the Town of Holly Springs.
Other plans for the park include a greenway connection to the other parks an a
traffic light with a crosswalk installed at the entrance of the park on Main Street.
• Spending on sports travel has steadily risen during the past few years and is largely fueled by youth sports. Families collectively spend $192 million per day
supporting their children’s sports activities.
• Studies show that 27% of all trips made in the U.S. relate to attending a
sporting event of some kind, from professional and college games to youth
and amateur sporting events.
• It’s estimated that at least 35 million kids between 5 and 18 currently play an
organized sport each year in the U.S. Of that, 21 million are involved in nonschool youth sports, which have been expanding. The Sports Facilities Advisory Deems Youth Sports and Sports-Related Travel “Recession Resistant”. Youth Sporting Events Create $7 Billion in economic impact.
Holly Springs Town Center
Phase II
317-577-5600 11kiterealty.com01/23/18
HOLLY SPRINGS TOWNE CENTER 1004 New Hill Road, Holly Springs, NC 27540
SITE DATA PHASE I Target 135,300 SF Parking 609 Parking Ratio 4.50 \1000 RETAIL Marshall's 25,000 SFMichaels 21,448 SFDicks Sporting Goods 40,000 SFPetco 12,602 SFRetail 108,516 SFPads 31,059 SFTotal GLA 238,625 SF Parking 1,512 Parking Ratio 6.34 \1000 PHASE II Ovation Cinema Grill 47,443 SFBed Bath Beyond 23,400 SFDSW 18,000 SF02 Fitness 23,000 SFRetail 33,166 SFPads 27,816 SFTotal GLA 172,825 SF Parking 1,144 Parking Ratio 6.62 \1000 Total Site 108.89 AC ± ONEWAY
ONEWAY
ONE WAY
ONE WAY
ONEWAY
ONLY
DRIVE THRU
DRIVETHRU
DRIVETHRU
DO NOT ENTER
DO
NO
T ENTER
40,000 SFBOX 2
BOX 1135,300 SF
Zaxby's3,847 SF
PAD 1
PAD 4AVAILABLE6,400 SF
OLIVEGARDEN
7,556 SFPAD 2
6,00
0 SF
RETAIL "C" 22,553 SF
RETAIL "D"13,015 SF
RETAILB-1
45,024 SF
RETAIL "G"4,980 SF
RE
TAIL
"A"
8,03
2 S
F
RETAILB-2
14,912 SF
POND #1
NC 55
OLD H
OLLY SPRIN
GS APEX ROAD
NE
W H
ILL RO
AD
BOX4
23,400 SF 18,000 SF
103'
64'
LL ROOM59 SF
LL ROOM359 SF
HALL142 SF
LL ROOM 51SF
LL ROOM48 SFLL ROOM
57 SF
LL ROOM47 SF
119'200' 100'
194'
177'
139'
123.5'
317.9'
336.2'
TRACT 2RESIDENTIAL
5,866 SF
RETAIL "I"17,626 SF
101'132'60'
(5,600 AD
T)
172'
180'
100'
LOT 10
LOT 17LOT 18
55'
22'
76'
22'
64'
49'
25'
113'
39'
73'
69'
21'
64'
100'
35'
28'
94'
POND
25,000 SF21,448 SF
BOX 3W
endy
s3,
423
SF
PA
D 5
SIGN
SIGN
SIGN
PYLONSIGN
BOX1 BOX2
H
23,000 SF
POND #2
TEMPPOND
POND #8
POND #4
POND #3
POND #5
POND #6
LL ROOM50 SF
LL ROOM47 SF
HALL98 SF
LL ROOM101 SF
CART CORRAL
CART CORRAL
CART CORRAL
CART CORRAL
CART CORRAL
CART CORRAL
CART CORRAL
CART CORRAL
18,000 SF
1,78
7 S
F
22'
80'
26'94'
7,522 SF
2,10
3 S
FW
YN
N N
AIL
BA
R
1,75
0 S
F
22'
1,21
8 S
F
15'
I2
I3 I4B
I5
I1
20'
1,62
8 S
FFL
OU
R P
OW
ER
I4A
20'
1,61
8 S
FJE
RS
EY
MIK
E'S
I3A
LL ROOM101 SF
8,322 SF245
6,590 SF240
9,017 SF235
2,01
7 S
F22
0
3,400 SF209
4,614 SF2075,079 SF
205
10,183 SF200
4,11
0 S
F22
5
6,604 SF203
80' 64'51' 45' 34' 25' 40'
89'61' 60'
138'10
0'
80'100'12
5'
LL ROOM59 SF
LL ROOM359 SF
HALL142 SF
177'
AVAILABLE21,448 SF
AVAILABLEAVAILABLE
RESULTSPHYSIOTHERAPY
103
THE MASON JARTAVERN
2,510 SF105
LL ROOM 51SF
33'29'
MEDITERRA GRILL
41'
300
3,50
2 S
F41
7
FRIE
ND
LY D
EN
TAL 1,80
0 SF
416
3,06
2 SF
412
2,50
0 SF
407
1,26
0 SF
406
5,800 SF404
1,71
5 S
F41
1
1,53
4 S
F41
0
1,38
0 SF
414
74' 30' 21' 21'43'
81'
1,11
5 SF
302
1,58
0 SF
306
32'
LL ROOM57 SF
3,50
0 S
F31
5
MY E
YE D
R.30
8
RIS
E B
ISC
UIT
S &
DO
NU
TS30
7
30' 25' 43'
82'
PLA
TIN
UM
NA
ILS
SP
A
98 SF
3,230 SF505500
LL ROOM48 SF
27' 56'
59'
L
62'
60'
113'
3,674 SF
LL ROOM50 SF
69'
21'
K1
2,48
0 S
F
42'
60'
58'
K3
3,38
6 S
F
LL ROOM47 SF
RETAIL "I"Scale 1"= 50'
RETAIL "K"Scale 1"= 50'
RETAIL "L"Scale 1"= 50'