Midtown-Row-Leasing-Brochure_September2020_Compressed

Welcome to Midtown Row, Williamsburg’s new city center - an experience-based retail, entertainment, and residential district delivering Summer 2021 DEVELOPMENT BY: PROJECT SUMMARY Midtown Row, located at “Main and Main” in the heart of Williamsburg, Virginia, is a curated retail experience and residential district The project includes restaurants, shops, apartments, entertainment, office space, as well as a village green featuring outdoor programming and community event space Adjacent to the historic campus of the College of William & Mary, less than a mile from Colonial Williamsburg, and less than miles to other top tourist destinations like Jamestown, Yorktown, Busch Gardens and Water Country USA, Midtown Row is perfectly positioned to capture the interest of a growing population and the area’s more than six million annual visitors As the new urban center of Williamsburg, Midtown Row has been designed to be a pedestrian and cycling friendly community PROJECT HIGHLIGHTS Retail Space — 230,935 SF total, 87,659 SF available for lease Office Space — 6,585 SF premium office space Residential — brand new accommodations for up to 624 residents Streetscape Improvements — proudly partnered with the City of Williamsburg to develop a $4 million streetscape DEMOGRAPHICS • Major Tourist Destination: Million Visitors Annually • Total Tourist Revenue in 2018: $1.30 Billion MILE • 16,000 combined hotel rooms and timeshares Estimated Population* (2019) 7,782 Population Growth 2010–2019 24.59% Average Household Income $62,862 Total Housing Units (2019) 3,127 Williamsburg Premium Outlets Daytime Population 18,437 Total Retail Expenditure $58.2M * Does not include the 8,700 undergrad and graduate students living on campus MILES Estimated Population* (2019) 43,164 Population Growth 2010–2019 12.37% Average Household Income $91,879 Total Housing Units (2019) 17,101 Daytime Population 49,836 Total Retail Expenditure $463M MILES Estimated Population* (2019) 74,228 Population Growth 2010–2019 10.77% Average Household Income $100,985 Total Housing Units (2019) 31,895 Daytime Population 77,901 Total Retail Expenditure $932M AERIAL VIEW Residents and visitors can enjoy Midtown Row’s close proximity to Williamsburg’s numerous historic and recreational destinations Midtown Row is also within walking distance of the College of William & Mary’s student population of 8,700 Note: The Midtown Row site includes the former Williamsburg and Monticello Shopping Centers 27,300 VEHICLES PER DAY R IC H MON AD D RO M O NT IC EL LO E AV AMENITY MAP The majority of William & Mary’s student housing is located well within mile of Midtown Row Additionally, several offices and hotels are located within walking distance of the property Walking and bike trails will make Midtown ES KEY 1M IL E 1.5 M IL Row especially accessible to the surrounding community DORMS HOTEL ATTRACTIONS OFFICE APARTMENTS SITE PLAN Residential Retail Office Space • 330,000 SF total • 230,935 SF total • 6,585 SF premium • 240 units, up to 624 residents • 87,659 SF available for lease • Five stories with ground-floor retail l tia en e sid ag Re Gar offices • Located on 1st floor of Building BUILDINGS/AREAS 11 6,500 SF of office space Main & Main l ca Lo ss th e wi elln e W r as o Le th & rat At eal Ope H Main parking field 12 Main Entrance which includes a $4M Streetscaping Investment COLLEGE ROW 10 Village Green & Concert Stage Residential/Amenities/Office (1,584 SF Available Retail, 6,585 Available Office) Residential (11,670 SF Available Retail) Residential (19,471 SF Available Retail) Residential (23,181 SF Available Retail) Meadows Custard & London Company Coffee (2,110 SF) ABC Store/Sal’s by Victor/Marshall’s/Matchsticks BBQ (39,433 SF Leased Retail, 4,775 SF Available Retail) Food Lion (32,500 SF) Available (20,797 SF) 10 BONANZA 11 12 Former Monticello Shopping Center (80,890 Leased Retail, 23,203 SF Available Retail) Parking Garage (246 Spaces, Levels) Village Green RICH MON D RD MONTICELLO AVE 27,300 Vehicles Per Day THE CURRENT AT MIDTOWN The Current Midtown are the newest apartments in Williamsburg, VA Lease signing will commence in Summer 2020 for Summer 2021 occupancy Please visit The Current website here: www.currentmidtown.com BUILDING 10 Formerly Monticello Shopping Center, Building 10 has approximately 23,000 sf of retail space available in spaces A/B, which is an excellent opportunity for an entertainment use or a brewery UNIT SIZE TENANT 17,292 SF Available (lower level) Unit A2 2,664 SF Available Unit B 2,044 SF Available Unit C1 1,203 SF Available Unit A1 Unit C2 1,365 SF 9Round Units D/E 3,675 SF Soaps & Suds Units F/G 17,107 SF Ace Hardware Unit H 24,042 SF Earth Fare Unit J 3,135 SF Nawab Cuisine Unit K 1,050 SF City Nails Unit L 1,000 SF Great Clips Unit M 2,929 SF Bonanza Social Kitchen Unit N 2,571 SF Fedex CONCEPTUAL IMAGE CONCEPTUAL IMAGE BONANZA SOCIAL KITCHEN CONCEPTUAL IMAGE ACE HARDWARE BUILDING 7-9 The remaining buildings comprising the former Williamsburg Shopping Center are undergoing significant renovations Building was significantly renovated ahead of Marshalls opening in the summer of 2019, with more renovations expected for the remaining canopy of Building as well as Building and BUILDING SUMMARY BUILDING SIZE TENANT 42,636 SF Multi-tenanted 32,500 SF Food Lion 20,797 SF Available UNIT BUILDING SIZE TENANT Unit A Unit B 21,834 SF 1,572 SF Marshalls Queen Nail Spa Unit C 2,732 SF Available Unit D 2,043 SF Available Unit E 1,970 SF Matchsticks BBQ Unit F Unit G 5,808 SF 6,677 SF VA ABC Sal’s by Victor 10 PROJECT AND MARKET HIGHLIGHTS MIDTOWN ROW • • • • • • Gateway to Williamsburg: - Adjacent to the College of W&M - Within mile of Colonial Williamsburg and Merchant’s Square - Proximity to Simon Outlets, Busch Gardens, Water Country and part of the Historic Triangle - Main & Main and unbeatable visibility (27,300VPD) Extension of William & Mary campus and the center of retail & entertainment experience for the university 240 apartments with 624 residents National Anchors: Earth Fare, Food Lion, Marshalls and Ace Hardware Strong leasing momentum with 124,000 SF executed within the last 18 months, including Matchsticks BBQ, Bonanza Social Kitchen, Rounds, Great Clips, FedEx and more Legacy restaurants achieving in excess of $650 psf in annual sales New Class A retail hub to host unique activations and entertainment plus community programs consistently all year round REGIONAL • • • • • • 6+ million annual visitors to the region $1.3B+ annual tourism expenditures seasons market due to the college population and tourism Over 900 rooms per 10,000 people or times the national average including timeshares 39,000 daytime employees within miles, major employers include: City of Williamsburg, College of William & Mary, Colonial Williamsburg, Anhauser Busch, CIA, Fort Eustis and Newport News Shipbuilding of the top 10 employers in the area are within a 15 drive WILLIAMSBURG • • Part of the greater Hampton Roads MSA, 33rd largest MSA (1.7 million people) in the US includes Newport News, Norfolk, Chesapeake, Portsmouth, Suffolk, Hampton and Virginia Beach Economic Development Alliance and City of Williamsburg tax benefits and incentives available 11 BUILDING DEMISING PLAN & PATIO AREA SUITE A - C SUITE D - E 12 BUILDING DEMISING PLAN & PATIO AREA SUITE H 13 BUILDING DEMISING PLAN & PATIO AREA SUITE A SUITE K 14 Midtown Row; the gateway to Williamsburg, Virginia, connecting residents, students and tourists, delivering 2021 Foo d Lio n Build ing Mars halls Bu ild B in g CO LL RO ng Re B E EG di uil in uild sid ga entia g l e g2 W Bu ild in g M O N TI CE LL O AV E CONTACTS Michael Spector Vice President of Retail Leasing Broad Street Realty, Inc 7250 Woodmont Ave., Ste 350 Bethesda, MD 20814  www.broadstreetrealty.com O: 301.828.1214 C: 215.873.7238 mspector@broadstreetrealty.com www.midtownrowwilliamsburg.com WASHINGTON, DC  |  MARYLAND  |  VIRGINIA  |  COLORADO Marisa Michnick Vice President of Retail Leasing O: 301.828.1213 C: 301.503.2214 mmichnick@broadstreetrealty.com