fun. fashion. food. films. lifestyle Unique offerings that - PowerPoint PPT Presentation

fun. fashion. food. films.

lifestyle Unique offerings that reflect Charlottesville’s individuality. BLUEMERCURY L'OCCITANE EUROPEAN WAX CENTER PIER1 IMPORTS POTTERYBARN WILLIAMS SONOMA HAIR CUTTERY RED HANDED NAIL SALON & SPA $1.5 M+ FACE VALUE SALON CRATE & MARROW 2016 Trade Area Total Spent COSTCO WHOLESALE on Sports & Recreation TRADER JOE'S 3

fashion A retail collection reflecting Charlottesville’s distinct style. $93 M ALTAR'D STATE KENDRA SCOTT L.L.BEAN 2016 Trade Area Total Spent on LULULEMON Apparel & Services. MONKEE'S ALEX AND ANI BROOKS BROTHERS MINCER'S VINEYARD VINES FEDORA COUNTRY CLUB PREP 4

DINING Artisanal flavors served in sophisticated surroundings. BURTONS GRILL BURGER BACH TRAVINIA BJ'S BREWHOUSE ROCKSALT UNCLE MADDIO'S PIZZA DUCK DONUTS MEZEH $143 M GRIT MISSION BBQ 2016 Trade Area Total Spent QDOBA on Food Away from Home. 5

The area’s only IMAX experience. Whether it’s a high-energy action adventure or a poignant love story, people love a great show and Regal Cinemas knows how to deliver. Regal Entertainment Group has a proud history of delivering great entertainment to the public in their state-of-the-art cinemas. With more than 6,587 screens in 523 theaters, Regal has a reputation as a leader in the entertainment industry. Bringing box office hits to the public in 37 states and the District of Columbia, the new Regal Stonefield Stadium 14 & IMAX is the largest theater within 60 miles and will bring over 800,000 patrons a year to Stonefield. $128 M Trade Area Entertainment & Recreation 2016 Total Spending 6

growing retail market RETAIL DEMAND City of Charlottesville retail vacancy rate is 3.9% and has decreased by 50% over the past 4 years. Charlottesville MSA retail vacancy rate is 4.4% as compared to 6.8% in the state of Virginia LOW SUPPLY Charlottesville MSA has 14 retail SF per capita vs the national average of 23 SF RETAIL VOLUMES National and Regional Retailers consistently outpace their national averages in sales per square foot 7

college A town growing stability economy #2 IN THE NATION 3.7% UNEMPLOYMENT UVA is ranked the #2 Top Public Charlottesville MSA 3.7% unemployment University and the #5 US undergraduate rate vs. National unemployment rate of 5.5% business school with 33,328 students, Charlottesville has consistent job growth faculty and staff at 4.49% in 2014 Out of 133 localities, Charlottesville and $1 BILLION Albemarle County were in the top ten for Total UVA Expenditures Impact on visitor expenditures and job creation Local Economy is approx. $1 Billion RISE OF CREATIVE CLASS $122 MILLION 40% of the population in Charlottesville is Annual expenditures from UVA visitors part of the Creative Class equates to $122mm The tech sector accounts for a $4.4 Billion TOP EMPLOYERS annual impact to the local economy University of Virginia, UVA Hospital, 107 new startups were founded in Q4 2012 UVA Research & Development, Federal $220 M Charlottesville is home to 5 of the fastest Government (DIA / NGIC), Northrop growing companies in the US Grumman, State Farm Insurance Annual Student Spending 8

healthy affluent well educated COLLEGE EDUCATED 137 SPI Residents of the Charlottesville area are The Overall Spending Potential Index very well educated. 49% of the population (SPI) is 37% higher than the National have a Bachelor Degree or Higher as Average. compared to the National Average of 28%. $93 MILLION HEALTH & WELLNESS The Trade Area spent $93mm on Charlottesville is consistently ranked as Apparel Goods and $32mm on one of the healthiest cities in the US and is Personal Care & Associated Products home to top-ranked health care facilities. in 2016. UVA Health Systems has 5 departments $73 M ranked in the top 50 in the US. $8.8 BILLION Charlottesville boasts $8.8 billion in retail 2016 Trade Area Total expenditures per year. Spent on Education 207 SPI The Spending Potential for Apparel Goods is 107% higher than the National Average. 9 9 THE SHOPS AT STONEFIELD

tourism fuels spending $553 MILLION The USTA data shows that tourism is an important contributor to the local economy, bringing in $553 million in 2014, which was an increase of $29 million compared to 2013. $30 MILLION Tourism revenues for Charlottesville and Albemarle County went up by almost $30 million in 2014 500K ANNUAL TOURISTS Popular Destinations: Monticello, UVA, Michie Tavern, 29 wineries/breweries, Wintergreen Resort and Ashlawn-Highland are the top tourist destinations CULTURE: ARTS & MUSEUMS Charlottesvile is home to world class steeplechase horse racing, dozens of art museums, the Virginia Film Festival and the JPJ Arena (#1 concert venue in central VA) The arts community accounts for $114 Million in annual economic activity 1 0

trade area demographics Within 15 minutes of The Shops at Stonefield: 105,795 42,144 2016 Total Population 2016 Total Households 113,157 45,206 2021 Projected Population 2021 Projected Households $81,145 31.5 2016 Average HHI 2016 Median Age $87,168 2021 Projected Median HHI 1 1

Route 29 & Hydraulic Road Charlottesville, Virginia 22901 www.shopsatstonefield.com OWNED BY: O’Connor Capital Partners 535 Madison Avenue, 6 th Floor New York, NY 10022 (212) 546-0899 leasing@oconnorcp.com www.oconnorcp.com