ncpwv-overview | 1/24/2018 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 750,000 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 167,190 Projected Population (5 Years) 187,978 2010 Census Population 137,539 HOUSEHOLDS Current Estimated Households 66,088 Projected Households (5 Years) 73,951 2010 Census Households 53,608 INCOME Average Household Income $109,536 Household Income $75,000+ 57.7% MEDIAN AGE 37 years DAYTIME DEMOGRAPHICS Number of Businesses 7,042 Number of Employees 92,833 Total Daytime Population 130,094 CONSUMER EXPENDITURES Total Retail Expenditures $2.24 B Per Household per Month $2,821 215 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 Carolinaimages4.loopnet.com/d2/O04tHQdXsPAAc-Ca3MNlYFLPx... · r12-120 3201 3200 r15-190 space tenant size phase 2 3200 firebirds 6,026 s.f.
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ncpwv-overview | 1/24/2018
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.
SIZE750,000 square feet500+ residential units
LOCATION Morrisville, North CarolinaSouthwest corner of Cary Parkway and NC-54/Chapel Hill Road