ncpwv-overview | 1/29/2020 PARK WEST VILLAGE | Morrisville, North Carolina Ideally situated at the heart of one of the most desirable locations in the country, Park West Village is a new 100-acre mixed-use development that includes a town center district, a community center with sought-after major retail anchors, upscale casual restaurants and a movie theater, all of which will be mixed with residential (500+ units) and hospitality. Located at the southwest corner of Cary Parkway and NC-54/Chapel Hill Road, the site is accessible to all major transportation arteries within the Raleigh/Durham area, including Interstates 40, 540 and 85 and US highways 64, 1 and 70. The extension of I-540 and I-40 south to US-1 will provide increased accessibility as well as greater customer capture from neighboring towns and suburbs. SIZE 505,344 square feet 500+ residential units LOCATION Morrisville, North Carolina Southwest corner of Cary Parkway and NC-54/Chapel Hill Road TRAFFIC COUNTS NC Hwy 54/Chapel Hill Rd - 24,000 Cary Parkway - 27,000 KEY TENANTS Inspired ideas. Integrated real estate solutions. KEY DEMOGRAPHICS 5-MILE RADIUS POPULATION Current Estimated Population 179,305 Projected Population (5 Years) 198,169 2010 Census Population 137,539 HOUSEHOLDS Current Estimated Households 71,660 Projected Households (5 Years) 79,192 2010 Census Households 53,608 INCOME Average Household Income $117,211 Household Income $75,000+ 63.1% MEDIAN AGE 37 years DAYTIME DEMOGRAPHICS Number of Businesses 8,272 Number of Employees 94,754 Total Daytime Population 135,124 CONSUMER EXPENDITURES Total Retail Expenditures $2.66 B Per Household per Month $3,090 54 215 E. Chatham Street, Suite 201 Cary, North Carolina 27511 www.castoinfo.com Rich Roy 919.234.6708 DIRECT 919.467.8880 OFFICE [email protected]Shannon Dixon 919.234.6707 DIRECT 919.467.8880 OFFICE [email protected]LEASING CONTACTS
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PARK WEST VILLAGE | Morrisville, North Carolina...PARK WEST VILLAGE | Morrisville, North Carolina Ideally situated at the heart of one of the most desirable locations in the country,
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ncpwv-overview | 1/29/2020
PARK WEST VILLAGE | Morrisville, North Carolina
Ideally situated at the heart of one of the most desirable locations in the country, Park West Village is a new 100-acre mixed-use development that includes a town center district, a community center with sought-after major retail anchors, upscale casual restaurants and a movie theater, all of which will be mixed with residential (500+ units) and hospitality. Located at the southwest corner of Cary Parkway and NC-54/Chapel Hill Road, the site is accessible to all major transportation arteries within the Raleigh/Durham area, including Interstates 40, 540 and 85 and US highways 64, 1 and 70. The extension of I-540 and I-40 south to US-1 will provide increased accessibility as well as greater customer capture from neighboring towns and suburbs.
SIZE505,344 square feet500+ residential units
LOCATION Morrisville, North CarolinaSouthwest corner of Cary Parkway and NC-54/Chapel Hill Road