VALLEY STREAM, NY MARKET PROFILE 2017 FOR INFORMATION: 516-561-7360 Macerich.com PROPERTY TYPE: Regional TOTAL SQUARE FEET: 2,089,000 MAJOR RETAILERS: Green Acres Mall : American Eagle, Best Buy, Century 21, H&M, House of Hoops by Foot Locker, JCPenney, Macy’s, Old Navy, Pandora, PINK, Victoria’s Secret, Walmart, Zales Green Acres Commons: 24 Hour Fitness, Burlington, Dick’s Sporng Goods, Homegoods RESTAURANTS & ENTERTAINMENT: Green Acres Mall : Applebee’s, Chipotle, Olive Garden, Panera Bread, Red Lobster Green Acres Commons: BJ’s Restaurant and Brewhouse, Buffalo Wild Wings, Sonic FOOD COURT: 12 units GREEN ACRES BUILT/RENOVATED: 1956/2007 GREEN ACRES COMMONS BUILT: 2016
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
GRE
EN A
CRES
57
MAC
Y’S
SEA
RS
SUN
RISE
HIG
HWAY
SUN
RISE
HIG
HWAY
N
MEN
S W
ARE
HO
USE
RED
LO
BSTE
R
JCPE
NN
EY
KOH
L’S
MA
CY’S
MEN
’S &
FU
RNIT
URE
AD
VAN
TAG
E TO
YOTA
SEA
RS A
UTO
HYU
ND
AI
MIC
HA
ELS
BEST
BU
Y
WA
LMA
RT
BJ’S
WH
OLE
SALE
CLU
B
BRO
NX
BBQ
DXL
OLI
VE
GA
RDEN
PETS
MA
RTRA
YMO
UR
& F
LAN
IGA
N
CEN
TURY
21
DIC
K’S
SPO
RTIN
G G
OO
DS
ULT
AFI
VE
BELO
WH
OM
EGO
OD
S
BJ’S
RES
TAU
RAN
T A
ND
BRE
WH
OU
SE
BUFF
ALO
WIL
D W
ING
S
SON
IC
24 H
OU
R FI
TNES
SBU
RLIN
GTO
N
ASH
LEY
FU
RNIT
URE
OW
NED
OTH
ER
TARG
ET
HO
ME
DEP
OT
V A L L E Y S T R E A M , N Y
M A R K E T P R O F I L E 2 0 1 7
FOR INFORMATION:516-561-7360Macerich.com
PROPERTY TYPE:Regional
TOTAL SQUARE FEET:2,089,000
MAJOR RETAILERS:Green Acres Mall: American Eagle, Best Buy,
Century 21, H&M, House of Hoops by Foot Locker, JCPenney, Macy’s, Old Navy,
Bachelor’s Degree Plus 76,859 25.8% 228,410 28.3% 5,342,527 38.3%
White Collar 123,234 56.0% 325,619 56.9% 6,483,547 64.2%
RACE/ETHNICITY
White 61,455 14.1% 360,780 30.1% 11,602,538 57.3%
Black 260,652 60.0% 491,089 41.0% 3,531,810 17.4%
American Indian 3,197 0.7% 8,893 0.7% 99,261 0.5%
Asian 46,554 10.7% 138,830 11.6% 2,252,471 11.1%
Pacific Islander 373 0.1% 1,197 0.1% 10,083 0.0%
Other Race 62,227 14.3% 197,381 16.5% 2,753,805 13.6%
Hispanic or Latino 64,580 14.9% 265,866 22.2% 4,991,202 24.6%
Not Hispanic or Latino 369,880 85.1% 932,302 77.8% 15,258,766 75.4%
DAYTIME EMPLOYMENT
Total Businesses 9,505 32,079 862,020
Total Employees 83,945 327,670 10,388,399
Source: U.S. Census Bureau. ESRI 2016
NEW YORK-NEWARK-JERSEY CITY, NY-NJ-PA [MSA]
DEMOGRAPHIC SUMMARY
PRIMARY TRADE AREA TOTAL TRADE AREA
GreenAcres
TRADE AREA MAP
N
LEGEND
GREEN ACRES MALL
PRIMARY TRADE AREA
SECONDARY TRADE AREA
COMPETITIVE CENTERS
OTHER CENTERS
HY
UN
DA
I
MIC
HAE
LS
CLA
SSIQ
UE
HO
MES
BUR
LIN
GTO
N
ASH
LEY
FUR
NIT
UR
E
24 H
OU
R
FITN
ESS
DIC
K’S
SPO
RTIN
G
GO
OD
S
24 H
OU
R
FITN
ESS
FIVE
BEL
OW
ULT
A DXL
AVAI
LABL
E
HO
MEG
OO
DS
AVAI
LABL
E
BURLINGTON
CAP
ITAL
ON
E
BJ’S
BREWHOUSE
AVAI
LABL
E
AVAI
LABL
E
AVAI
LABL
E
SONIC
DIC
K’S
SPO
RTIN
G
GO
OD
S
SITE PLAN
UPDATED 3/17
VALLEY STREAM, NY
MARKET FACT SHEET
THE FIVE TOWNS, N.Y., A PROSPEROUS
SUB-MARKET ADJACENT TO GREEN ACRES MALL,
HAD AN AVERAGE HOUSEHOLD INCOME
OF OVER $150,000 IN 2016
MALL LOCATED 4 MILES FROM JFK
INTERNATIONAL AIRPORT
JFK CONTRIBUTES TO ABOUT $37.3 BILLION IN
ECONOMIC ACTIVITY WITH 53.2 MILLION
PASSENGERS ANNUALLY
GREEN ACRES COMMONS LOCATION WAS A DRIVE-IN
THEATER IN THE 1940S BEFORE IT WAS DEMOLISHED AND REBUILT
AS A MULTIPLEX INDOOR THEATER. SUNRISE MULTIPLEX THEATER WAS
DEMOLISHED IN 2015, TO BUILD THE NEW GREEN ACRES COMMONS
SHOPPING MALL
5.9 MILLION ANNUAL RIDERS
ON THE FAR ROCKAWAY
LONG ISLAND COMMUTER LINE
LOCATED IN NASSAU COUNTY BUT ALSO SERVES QUEENS & BROOKLYN COUNTIES (WITHIN A 5-MILE RADIUS)
60,000 CARS TRAVEL IN FRONT OF GREEN ACRES MALL ON SUNRISE HIGHWAY EVERY DAY
MILLIONS INVESTED IN A DEVELOPMENT OF GREEN ACRES COMMONS TO BE COMPLETED BY END OF 2017 WITH AN ADDITION OF 350,000 SQUARE FEET OF RETAIL SPACE, RESTAURANTS, AMPLE PARKING AND FITNESS FACILITY
IMPROVEMENTS TO GREEN ACRES MALL, INCLUDING STREET-SIDE ENTRANCES, NEW SECURITY EQUIPMENT, LIGHTING, SEATING, TRUCK TUNNEL WORK AND A NEW ROOF
15 MILLION VISITORS ANNUALLY TO GREEN ACRES CAMPUS THAT HAS MORE THAN 2.1 MILLION SQUARE FEET OF GLA