brookwood village birmingham, al 35209
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1 Project Leasing Broker: 780 brookwood village birmingham, al Managed by:
2 Brookwood Village, is one of Birmingham s most popular shopping destinations. income is $107,000, Brookwood Village features a 603,857-square-foot, two-level enclosed mall, a 41,900-square-foot grocery-anchored retail component, plus a nine-story 170,270-square-foot Class Market, DSW Designer Shoe Warehouse and Books-A-Million, and also features such top brand names Brookwood Village is currently undergoing a $25 million renovation that includes the addition of new tenants, an interior renovation and reimagined food hall. Location 780 Brookwood Village Birmingham, AL Property Type Mixed-Use Center Year Opened 1973 (Renovated in 2001) Currently Under Renovation (Completion 2017) Nearest Metro Center Birmingham Interstate Access Direct Access to US Highway 280 with 91,480 VPD (ALDOT 2014) Convenient to I-459, I-20, I-65 Morgan, Merrill Lynch and PWC. Demographics Comparison by Drive Time ~ 10 Minutes 10 Min. Drive Time Brookwood Village The Summit Riverchase Galleria Residential Population 73,948 48,473 54,359 Average Household Income $98,348 $69,636 $81,298 Daytime Population 121,631 69,509 51,419 Demographics 1-Mile Radius 3-Mile Radius 5-Mile Radius Population 4,110 70, ,714 Daytime Population 18,895 71, ,336 Average Household Income $121,882 $101,500 $85,758 White 95.7% 80.8% 65.5% Black or African-American 2.0% 12.6% 27.8% Asian 0.7% 2.5% 2.6% Source Esri, 2015 Gross Leasable Area 816,027 square feet Parking 3,064 spaces Angie Kory angie.kory@cypressequities.com 3131 East Camelback Road, Suite Martin Smith martin.smith@srsre.com Hamilton Huber hamilton.huber@srsre.com th Street South Birmingham, AL
3 Brookwood Village is located in the affluent areas of mountain brook & homewood Brookwood Village is located at the intersection of Highway 280 and Shades Creek Parkway. The surrounding areas of Mountain Brook, Homewood and Vestavia Hills offer a highdensity setting for the property with the highest incomes in the state. Brookwood Village is located less than two miles from Samford University, a top nationally ranked private university with enrollment topping 5,200 undergraduate and graduate students. The university has a $335 million annual economic impact on the region. Adjacent to Brookwood Medical Center, the Brookwood Village immediate trade area enjoys more than 150,000 daytime workers and VICTORIA S SECRET
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5 The new Brookwood Village envisions a space not unlike Birmingham itself. The property is comprised of multiple uses including an enclosed mall, a three- by Macy s, Belk, Target, Fresh Market, and DSW and includes approximately 50 specialty shops and restaurants. Specialty shops include Z Gallerie, Victoria s Secret, LOFT, and Altar d State. including Kinder Morgan, Merrill Lynch, and PricewaterhouseCoopers.
6 Brookwood Village is an 816,027-square-foot property located in the cities of Mountain Brook and Homewood, immediately outside the Birmingham city limits. The property was originally constructed in 1974 and has undergone several renovations spanning from 1998 to 2007, which included the addition of approximately 82,000 square feet of retail GLA and a 170,000-square-foot will include new fashion tenants.
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8 More than one-third of Brookwood Village shoppers are for the emotional payoff from a purchase. These consumers tend to be impulse buyers, are not brand loyal and will pay extra for image-enhancing products. Almost 20% of Brookwood Village customers shoppers are brand loyal, but only because once they ve found a brand, they stop looking. Site Plan : Lower Level Occupied Deal Pending Available
9 Site Plan : Upper Level Occupied Deal Pending Available
10 Tenant Directory No. Tenant (SF) No. Tenant (SF) No. Tenant (SF) 101 8, Books-A-Million 8, Becky s 2, A Cocina Superior 5, Brookstone 4, AVAILABLE 4, B 2, A Sunglass Hut AVAILABLE 3, , B AVAILABLE 4, Hickory Tavern 6, AVAILABLE 1, , , Monsoon Children 1, Altar d State 6, A Victoria s Secret 6, B AVAILABLE 1, AVAILABLE B AVAILABLE 2, , Manchu Wok LOI 6, Earthbound Trading Co. 3, AVAILABLE 1, Books-A-Million 12, , Teriyaki Express 1, AVAILABLE 3, A Moon s Day Spa , AVAILABLE 14, Things Remembered 1, Subway 1, A LOI 1, ABC Toys 4, AVAILABLE 20, AVAILABLE 2, , Indigo 2, , , , , , B Regis Salon 1, AVAILABLE 4, A 1 st 1, AVAILABLE 1, , B AVAILABLE 1, Perry Computer 3, A Charlotte Russe 6, A Perfume Point 1, LensCrafters 4, Hibbett Sports 6, B AVAILABLE 3, LOI 3, LOI 3, Claire s 1, LOI 4, LOI 3,430
11 AROUND BROOKWOOD VILLAGE BROOKWOOD VILLAGE TRADE AREA 229,134 population $100,584 average household income 139,740 daytime population $453,495 average home value 94,294 households 20% household income growth expected over the next 10 years Source: Esri
12 Shopper Profile Annual Total Spending Apparel and Accessories $2, Home Furnishings $6, Food and Restaurants $7, average number of restaurant visits per month $13 billion spent on retail and food services in the Birmingham-Hoover MSA each year
13 Brookwood Village : Aerial
14 Overview : Major Competitors & Distance
15 Comparison by Drive Time ~ 15 Minutes
16 1 NEW MERCHANDISING MIX A new merchandising mix makes Brookwood Village a unique shopping and dining destination in Birmingham. New national fashion tenants and local boutiques, including an entertainment hotspot, are the centerpiece of the new Brookwood Village. 2 INTERIOR RENOVATION Inside, Brookwood Village is underway with a total remodel, including upgraded access from the and amenities will be displayed throughout the mall. As the primary gathering place in the area, and comfort of home. 3 REIMAGINED FOOD HALL Inspired by the best marketplaces and food halls plan experience will bring together a variety of quick-serve concepts. Presented with a Southern twist in an upscale setting, the Food Hall will showcase casual food and beverage concepts, all created by the most innovative culinary artists.
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20 Project Leasing Broker: 780 brookwood village birmingham, al Managed by:
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