University Town Center

Transcription

1 University Town Center Norman, Oklahoma 2,000,000 +/- SF Regional Lifestyle Center Phase I Anchored by Target ~ Phase II Anchored by Kohls Home to the John Q. Hammons Embassy Suites Hotel & Convention Center SOONER INVESTMENT Commercial & Investment Real Estate 2301 W I-44 Svc Rd Ste 100 Oklahoma City, OK (405) ~ Fax (405) Metropolitan Ave, Suite 700 Charlotte, NC (704) ~ Fax (704)

2 LISTED 6th BEST PLACE TO LIVE Money's list of America's best small cities 6 of 100 Norman, OK In the fall, OUs football stadium is Norman's de facto town center. WINNER Sit down for lunch at Café Plaid in Norman and you'll see a little of everything: mothers with babies, students with laptops, and out-of-towners visiting the University of Oklahoma across the street. People flock to Norman from around the world to study and teach - and then to stay and raise a family. The university not only helps draw educated workers here but also serves as a major source of entertainment. When the OU Sooners play football against longtime rival, the University of Texas, Norman schools are almost always closed on Friday (you read that right) and the town packs the stadium. If you don't love all things gridiron, console yourself with the campus' world-class art museum, which houses works by Degas, Monet and Renoir. Affordability is another plus: Starter homes go for about $135,000. While Norman hasn't had huge run-ups in housing prices, the city has also been spared the devastating downside. $50 million hotel project announced The Norman Transcript By Carol Cole Transcript Staff Writer The Embassy Suites Hotel & Convention Center is a 65,000-square-foot conference center and a 10-story, 240-room hotel in the University North Park development in west Norman. The $50 million project was developed and is managed by John Q. Hammons Hotels and Resorts LLC, based in Springfield, MO. Groundbreaking took place in spring 2007, east of Interstate 35 between Robinson Street and Tecumseh Road and west of Max Westheimer airport. I am just ecstatic, said Mayor Harold Haralson. It s taken a lot of hard work. Hammons, who was present at the announcement, said his company had been studying the area for some time and is impressed with what is planned for the University North Park development. We are honored to be a part of such a visionary development and know that as it comes to fruition, it will be a source of pride for not only Norman, but for all of Oklahoma, Hammons said.

3 Rock Creek Road Robinson Road I-35 I-35 New Rock Creek Rd Overpass

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7 Cell Phone Repair Sally Sport Beauty Clips Mother's T-Mobile Work Splash Frozen Yogurt ULTA Vintage Stock Citi Financial Allure Day Spa Great Clips US Cellular Shortt's Jewelers AT&T $1 Jewelry Metro Shoes Subway Complete Nutrition Alltel Panda Express Jack In The Box Wingstop Dollar Tree Shoe Rue 21 Carnival DOTS

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9 Demographic Profile Expanded Census, Estimates & Projections Lon: / Lat: July 2010 University Town Center, Norman, OK 1.00 Mile 3.00 Miles 5.00 Miles Population Estimated Population (2010) 8,436 52,632 93,638 Census Population (1990) 7,468 44,782 71,301 Census Population (2000) 8,082 50,326 83,937 Projected Population (2015) 8,189 52,578 99,555 Forecasted Population (2020) 8,246 53, ,205 Historical Annual Growth 1990 to % 5, % 12, % Historical Annual Growth 2000 to % 2, % 9, % Projected Annual Growth 2010 to % % 5, % Est. Population Density (2010) 2, psm 2, psm 1, psm Trade Area Size 3.13 sq mi sq mi sq mi Households Estimated Households (2010) 3,724 21,455 38,255 Census Households (1990) 3,178 18,063 28,819 Census Households (2000) 3,552 20,445 34,371 Projected Households (2015) 3,599 21,623 40,624 Forecasted Households (2020) 3,623 22,261 44,073 Households with Children (2010) % 5, % 10, % Average Household Size Average Household Income Est. Average Household Income (2010) 85,531 74,287 66,068 Proj. Average Household Income (2015) $93,604 $82,066 $72,828 Average Family Income (2010) $110,335 $102,047 $89,908 Median Household Income Est. Median Household Income (2010) $67,283 $56,286 $50,902 Proj. Median Household Income (2015) $73,721 $61,633 $55,590 Median Family Income (2010) $91,345 $81,397 $72,861 Per Capita Income Est. Per Capita Income (2010) $37,784 $31,405 $28,009 Proj. Per Capita Income (2015) $41,163 $34,794 $30,606 Per Capita Income Est. 5 year change $3, %$3, %$2, % Other Income Est. Disposable Income (2010) $54,850 $46,496 $42,547 Proj. Disposable Income (2015) $59,415 $50,522 $46,074 Disposable Income Est. 5 year change $4, %$4, %$3, % Est. Average Household Net Worth (2010) $546,447 $484,950 $425,063 Daytime Demos Total Number of Businesses (2010) 710 3,224 4,157 Total Number of Employees (2010) 8,315 40,550 53,720 Company Headqtrs: Businesses (2010) % % % Company Headqtrs: Employees (2010) % % % Unemployment Rate (2010) 3.55 % 3.82 % 4.02 % Employee Population Per Business 11.7 to to to 1 Residential Population per Business 11.9 to to to 1 Est. Adj. Daytime Demographics (Age16+) 10,830 56,943 81,234 Demographic Source: Applied Geographic Solutions / TIGER Geography This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty Sites USA, Chandler, Arizona, Page 1 of 5

10 Demographic Profile Expanded Census, Estimates & Projections Lon: / Lat: July 2010 University Town Center, Norman, OK 1.00 Mile 3.00 Miles 5.00 Miles Race & Ethnicity White (2010) 7, % 43, % 75, % Black or African American (2010) % 2, % 5, % American Indian & Alaska Native (2010) % 2, % 4, % Asian (2010) % 2, % 4, % Hawaiin & Pacific Islander (2010) % % % Other Race (2010) % % % Multi Race (2010) % 1, % 2, % Not Hispanic or Latino Population (2010) 7, % 49, % 87, % Hispanic or Latino Population (2010) % 3, % 5, % Not of Hispanic Origin Population (1990) 7, % 43, % 69, % Hispanic Origin Population (1990) % 1, % 1, % Not Hispanic or Latino Population (2000) 7, % 48, % 80, % Hispanic or Latino Population (2000) % 2, % 3, % Not Hispanic or Latino Population (2015) 7, % 48, % 92, % Hispanic or Latino Population (2015) % 3, % 7, % Hist. Hispanic Ann Growth (1990 to 2010) % 2, % 3, % Proj. Hispanic Ann Growth (2010 to 2015) % % 1, % Age Age 0 to 4 yrs (2010) % 2, % 5, % Age 5 to 9 yrs (2010) % 2, % 4, % Age 10 to 14 yrs (2010) % 2, % 4, % Age 15 to 19 yrs (2010) % 4, % 7, % Age 20 to 24 yrs (2010) % 7, % 13, % Age 25 to 29 yrs (2010) % 5, % 10, % Age 30 to 34 yrs (2010) % 3, % 6, % Age 35 to 39 yrs (2010) % 2, % 5, % Age 40 to 44 yrs (2010) % 2, % 5, % Age 45 to 49 yrs (2010) % 3, % 5, % Age 50 to 54 yrs (2010) % 3, % 5, % Age 55 to 59 yrs (2010) % 2, % 4, % Age 60 to 64 yrs (2010) % 2, % 3, % Population age (2010) % 3, % 5, % Population age (2010) % 2, % 3, % Population age 85+ (2010) % % 1, % Median Age (2010) 39.6 yrs 33.7 yrs 32.1 yrs Gender Age Distribution Population Female (2010) 4, % 26, % 46, % Age 0 to 19 yrs (2010) % 5, % 10, % Age 20 to 64 yrs (2010) 2, % 16, % 29, % Age 65 yrs plus (2010) % 3, % 5, % Median Age Females (2010) 42.3 Yrs 36.1 Yrs 33.7 Yrs Population Male (2010) 4, % 26, % 47, % Age 0 to 19 yrs (2010) % 6, % 11, % Age 20 to 64 yrs (2010) 2, % 17, % 31, % Age 65 yrs plus (2010) % 2, % 4, % Median Age Males (2010) 36.7 yrs 31.7 yrs 30.8 yrs Demographic Source: Applied Geographic Solutions / TIGER Geography This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty Sites USA, Chandler, Arizona, Page 2 of 5

11 Demographic Profile Expanded Census, Estimates & Projections Lon: / Lat: July 2010 University Town Center, Norman, OK 1.00 Mile 3.00 Miles 5.00 Miles Household Income Distribution HH Income $200,000 or More (2010) % % 1, % HH Income $150,000 to 199,999 (2010) % 1, % 1, % HH Income $100,000 to 149,999 (2010) % 3, % 4, % HH Income $75,000 to 99,999(2010) % 2, % 4, % HH Income $50,000 to 74,999(2010) % 3, % 6, % HH Income $35,000 to 49,999(2010) % 2, % 5, % HH Income $25,000 to 34,999(2010) % 2, % 3, % HH Income $15,000 to 24,999(2010) % 2, % 4, % HH Income $0 to 14,999 (2010) % 3, % 6, % HH Income $ (2010) 2, % 13, % 23, % HH Income $ (2010) 1, % 7, % 11, % Housing Total Housing Units (2010) 4,062 23,528 41,898 Housing Units Occupied (2010) 3, % 21, % 38, % Housing Units, Owner Occupied (2010) 2, % 11, % 20, % Housing Units, Renter Occupied (2010) 1, % 9, % 18, % Housing Units, Vacant (2010) % 2, % 3, % Median Years in Residence (2010) 3 yrs 3 yrs 3 yrs Marital Status Never Married (2010) 1, % 15, % 28, % Now Married (2010) 3, % 20, % 35, % Separated (2010) % 1, % 2, % Widowed (2010) % 2, % 3, % Divorced (2010) % 4, % 7, % Household Type Population Family (2010) 6, % 35, % 63, % Population Non-Family (2010) 1, % 12, % 24, % Population Group Qtrs (2010) % 4, % 5, % Family Household (2010) 2, % 11, % 20, % Married Couple Family With Kids (2010) % 3, % 6, % Average Family Household Size (2010) Non-Family Household (2010) 1, % 9, % 17, % Household Size 1 Person Household (2010) 1, % 7, % 12, % 2 Person Households (2010) 1, % 6, % 12, % 3 Person Households (2010) % 2, % 5, % 4 Person Households (2010) % 2, % 4, % 5 Person Households (2010) % 1, % 1, % 6+ Person Households (2010) % % % Household Vehicles Total Vehicles Available (2010) 6,812 37,545 68,366 Household: 0 Vehicles Available (2010) % 1, % 1, % Household: 1 Vehicles Available (2010) 1, % 8, % 14, % Household: 2+ Vehicles Available (2010) 2, % 11, % 21, % Average Vehicles Per Household (2010) Demographic Source: Applied Geographic Solutions / TIGER Geography This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty Sites USA, Chandler, Arizona, Page 3 of 5

12 Demographic Profile Expanded Census, Estimates & Projections Lon: / Lat: July 2010 University Town Center, Norman, OK 1.00 Mile 3.00 Miles 5.00 Miles Labor Force Est. Labor: Population Age 16+ (2010) 7,033 43,810 76,866 Est. Civilian Employed (2010) 4, % 27, % 48, % Est. Civilian Unemployed (2010) % 1, % 3, % Est. In Armed Forces (2010) % % % Est. Not in Labor Force (2010) 2, % 14, % 24, % Occupation (2000) Occupation: Population 16+ 4,200 25,825 43,507 Mgmt, Business, & Financial Operations % 3, % 5, % Professional and Related 1, % 7, % 12, % Service % 4, % 7, % Sales and Office 1, % 6, % 11, % Farming, Fishing, and Forestry % % % Construction, Extraction, & Maintenance % 1, % 3, % Production, Transport, & Material Moving % 1, % 3, % Percent White Collar Workers 77.1 % 70.2 % 69.0 % Percent Blue Collar Workers 22.9 % 29.8 % 31.0 % Consumer Expenditure (in Millions) Total Household Expenditure (2010) $236 $1,216 $2,000 Total Non-Retail Expenditures (2010) $ % $ % $1, % Total Retail Expenditures (2010) $ % $ % $ % Apparel (2010) $ % $ % $ % Contributions (2010) $9 3.8 % $ % $ % Education (2010) $6 2.5 % $ % $ % Entertainment (2010) $ % $ % $ % Food And Beverages (2010) $ % $ % $ % Furnishings And Equipment (2010) $ % $ % $ % Gifts (2010) $6 2.7 % $ % $ % Health Care (2010) $ % $ % $ % Household Operations (2010) $9 3.7 % $ % $ % Miscellaneous Expenses (2010) $4 1.7 % $ % $ % Personal Care (2010) $3 1.4 % $ % $ % Personal Insurance (2010) $2 1.0 % $ % $ % Reading (2010) $1 0.3 % $4 0.3 % $7 0.3 % Shelter (2010) $ % $ % $ % Tobacco (2010) $1 0.6 % $8 0.6 % $ % Transportation (2010) $ % $ % $ % Utilities (2010) $ % $ % $ % Educational Attainment Adult Population (25 Years+)(2010) 5,990 33,035 57,361 Elementary (0 to 8)(2010) % % % Some High School (9 to 11)(2010) % 1, % 2, % High School Graduate (12)(2010) % 5, % 11, % Some College (13 to 16)(2010) 1, % 6, % 12, % Associate Degree Only(2010) % 2, % 3, % Bachelor Degree Only(2010) 1, % 8, % 14, % Graduate Degree(2010) 1, % 7, % 10, % Demographic Source: Applied Geographic Solutions / TIGER Geography This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty Sites USA, Chandler, Arizona, Page 4 of 5

13 Demographic Profile Expanded Census, Estimates & Projections Lon: / Lat: July 2010 University Town Center, Norman, OK 1.00 Mile 3.00 Miles 5.00 Miles Units In Structure 1 Detached Unit (2000) 2, % 14, % 21, % 1 Attached Unit (2000) % 1, % 1, % 2 to 4 Units (2000) % 1, % 4, % 5 to 9 Units (2000) % 1, % 3, % 10 to 19 Units (2000) % % 1, % 20 to 49 Units (2000) % % 1, % 50 or more Units (2000) % 1, % 1, % Mobile Home or Trailer (2000) Other Structure (2000) Homes Built By Year Homes Built 1999 to % % 1, % Homes Built 1995 to % 1, % 2, % Homes Built 1990 to % 1, % 2, % Homes Built 1980 to , % 4, % 8, % Homes Built 1970 to , % 4, % 9, % Homes Built 1960 to % 3, % 5, % Homes Built 1950 to % 2, % 3, % Homes Built Before % 2, % 3, % Home Values (2000) Home Values $1,000, % % % Home Values $500,000-$999, % % % Home Values $400,000-$499, % % % Home Values $300,000-$399, % % % Home Values $200,000-$299, % % % Home Values $150,000-$199, % 1, % 1, % Home Values $100,000-$149, % 3, % 4, % Home Values $70,000-$99, % 2, % 5, % Home Values $50,000-$69, % 1, % 2, % Home Values $25,000-$49, % % 1, % Home Values $0-$24, % % % Owner Occupied Median Home Value $110,816 $106,261 $101,290 Renter Occupied Median Rent $481 $369 $359 Transportation to Work (2000) Drive to Work Alone 3, % 20, % 35, % Drive to Work in Carpool % 2, % 4, % Travel to Work - Public Transportation % % % Drive to Work Motorcycle % % % Walk or Bicycle to Work % 1, % 2, % Other Means % % % Work at Home % % 1, % Travel Time (2000) Travel to Work in 14 Minutes or Less 1, % 11, % 18, % Travel to Work in 15 to 29 Minutes 1, % 7, % 12, % Travel to Work in 30 to 59 Minutes 1, % 5, % 10, % Travel to Work in 60 Minutes or More % % 1, % Average Travel Time to Work 19 mins 18 mins 19 mins Demographic Source: Applied Geographic Solutions / TIGER Geography This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty Sites USA, Chandler, Arizona, Page 5 of 5

14 Lat: Lon: Logos are for identification purposes only and may be trademarks of their respective companies. Demographic Source: Applied Geographic Solutions / TIGER Geography 2010 Sites USA Inc., Chandler, AZ (480) All Rights Reserved. University Town Center, Norman, OK July, 2010 This map was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.