sense of community. - Larry Ames, President of the WG Neighborhood - PowerPoint PPT Presentation

"What we have here is a small town right in the middle of a big city of a million people. We have our own unique identity and a strong sense of community.” - Larry Ames, President of the WG Neighborhood Association

Our Family’s History in the Glen Shirlee DiNapoli Schiro, Michael Mulcahy and Family  SDS NexGen Partners is a private real estate & investment firm  SDS= Shirlee DiNapoli Schiro  NexGen=5 siblings  4 generations in WG  Aqui building was first WG purchase in 1995  Currently own 13 parcels  12 buildings on 3.5 acres  50 retail, restaurant, service and business tenants  80% are locally owned and operated

Willow Glen History  Began as marshland between Los Gatos Creek and Guadalupe River  Drained in early 1900’s and orchards planted  Farming led to urbanization  Lincoln Avenue became community’s core  Residents fought San Jose & Southern Pacific RR in the early 20’s to prevent RR down Lincoln  Resulting in incorporation of the Town of Willow Glen in 1927

Willow Glen History  WG growth required a sewer system  San Jose annexed WG in 1936, vote was 978-871  WG Business Association was founded in 1949  WG residents fought Almaden Expressway in the 60’s  WG Neighborhood Association was founded in 1973  70’s - 80’s malls and sprawl crippled WG  Business Improvement District (BID) formed in 1989  Community Benefit Improvement District (CBID) replaced BID in January 2009.

Willow Glen Facts “Neighborhood Business District” (NBD) 1 of 9 San Jose NBD’s  District from Coe to  Minnesota .71 miles The core Willow to  Minnesota .39 miles Compare:  Santana Row .32 miles  Valley Fair, Macy’s Men’s  to Women’s .38 miles 13,000 lineal feet of  street frontage 500,000 sf of  commercial space 38.7 acres of land  100 unique property  owners 350+ businesses 

Wi llow Glen - 1 Mile Radius Willow 2000 2010 2015 Glen Population 22,781 24,986 26,028 Households 9,157 9,863 10,208 (HH) Avg. HH $87,879 $125,260 $146,879 Income Median HH $63,194 $82,864 $103,566 Income % HH n/a 67% 73% $50,000+ % HH n/a 50% 58% $75,000+ Median Age n/a 37.7 38.2

Willow Glen - Local Comparison 3 Mile Radius Willow 2000 2010 2015 Glen Population 207,435 235,196 249,032 Households 75,726 84,870 89,167 (HH) Avg. HH $73,721 $101,619 $117,722 Income Median HH $55,826 $72,338 $87,829 Income % HH n/a 63% 70% $50,000+ % HH n/a 46% 58% $75,000+ Median Age n/a 34.5 34.7

Willow Glen – Happening Now -as of Feb 2012  All ground floor spaces over 3,700 sf leased, including the former Casa Casa, The Glen, Peak Travel and Blockbuster  New ground floor businesses to open in 2012: Mike’s Bikes, The Table, Unleashed by Petco, Lou’s Village, Sereno Group, Crepevine, Citibank, Oz Hair Salon  Leases in the 2 nd half of 2011 built the momentum: Jorcal Hats, Underground clothing, Haymarket, Kiss and Make Up, Sonoma Tanning, and several others  New name, same faces: John’s Xlnt foods is now John’s of Willow Glen

Willow Glen – What’s Ahead  Willow Glen’s 2012 Stimulus Package is… Willow Glen Town Center  Continued property ownership changes  Continued investments, renovations of existing properties to keep pace, stay competitive  No institutional or private equity players…yet  25,000 sf of “new” space over next 5 years  WG NBD expansion north? (1/4 mile to 280 or beyond)  New residential – sale and rent - under construction or in the pipeline  WGBA to provide more street side improvements to enhance the pedestrian, shopper experience  Continue to provide local jobs, local ownership, local sales  No copycat – WG is a true “lifestyle center”