13400 south & mountain view corridor | riverton, utah leasing … · 2017. 12. 5. · development...

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Leasing Information 13400 South & Mountain View Corridor | Riverton, Utah

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  • Leasing Information13400 South & Mountain View Corridor | Riverton, Utah

  • *Source | The Salt Lake Tribune

    Mountain View Village will be an 85-acre mixed-use

    development in Riverton, Utah.

    You can ski, hike, bike and boat all within a short drive.

    Utah is a world-class location for outdoor recreation and also a great

    place to do business.

    Employment• Several Fortune 500 companies have moved into the trade area.

    • Goldman Sachs has their second largest office in Salt Lake City, after New York.

    • Other high-tech companies including Adobe and Pluralsight are rapidly expanding, as many are attracted to the high quality of life and low cost of living in Utah.

    • One million SF of Class A offices being absorbed in the trade area per year.

    Triple Double

    State population growth is 2X the national average:

    Utah 6.08%

    National Average

    3.10%

    Population in trade

    area has doubled since 2000

    State population is

    set to double in the next 20 years

  • 73

    111

    201

    CAMPWILLIAMS

    154

    85

    LEHIAMERICAN FORK

    SOUTH JORDAN

    SALT LAKE CITY

    SANDY

    DRAPER

    EAGLE MOUNTAIN

    80

    PROVO

    GREATSALT LAKE

    RIVERTON

    NORTH SALT LAKE

    OREM

    SPRINGVILLE

    SPANISH FORK

    WEST VALLEY CITY

    UTAH LAKE

    80

    15

    15

    215

    209

    SLCAIRPORT

    Jordan Landing7.4 miles

    The District3 miles

    City Creek19 miles

    Fashion Place6.3 miles

    Outlets at Traverse Mountain8 miles

    Shops at South Town6.5 miles

    TRADE KEY AREA

    $100K +

    $75K- $100K

    $50K- $75K

    $30K- $50K

    $30K -

    AVERAGE HH INCOME

    Primary Trade Area

    Secondary Trade Area

    Tertiary Trade Area

    COMBINED POPULATION 992 ,398 (Primary and Secondary Trade Areas)

    Mountain View Village | DEMOGRAPHIC PROFILETRADE AREA By Block Groups

    PRIMARY TRADE AREA

    SECONDARY TRADE AREA

    TERTIARY ZIP CODE

    Population 393,861 598,537 383,578

    Households 109,264 202,369 108,642

    Median Age 28.4 32.8 25.9

    Average Household Income $96,617 $72,597 $68,293

    Median Household Income $83,961 $61,282 $58,004

    Any College + 75.8% 60.0% 73.6%

    Total Employees 122,112 254,284 161,823

    White Collar 70.2% 61.6% 64.9%

    Demographic Source: Applied Geographic Solutions/TIGER Geography ©, Sites USA

    Demographic Source: Derrigo Studios

    Household Trends

    Current: 124K active housing permits adding

    another 425K people in the trade area

    Historical: 227% increase in permits

    from 2010 to 2014

    Percentage of population with

    income above $100K:

    30%

    Averagehousehold size:

    3.42

    Median home price:

    $300K

    Demographic Source: Applied Geographic Solutions/TIGER Geography ©, Sites USA

  • HIGH SCHOOL ENROLLMENT

    ENROLLMENT COUNT

    DRIVING DISTANCE

    1 Westlake High (Utah County) 2,541 10.81 mi

    2 Copper Hills High School (Salt Lake County) 2,430 5.83 mi

    3 Alta High School (Salt Lake County) 2,411 7.65 mi

    4 Bingham High School (Salt Lake County) 2,408 4.52 mi

    5 Lone Peak High (Utah County) 2,374 13.49 mi

    6 Herriman High School (Salt Lake County) 2,184 2.27 mi

    7 American Fork High School (Utah County) 2,114 14.27 mi

    8 Corner Canyon High School (Salt Lake County) 2,074 6.82 mi

    9 Lehi High School (Utah County) 2,074 11.85 mi

    10 Riverton High School (Salt Lake County) 2,044 2.35 mi

    11 West Jordan High School (Salt Lake County) 1,742 6.86 mi

    12 Taylorsville High School (Salt Lake County) 1,726 10.62 mi

    13 Jordan High School (Salt Lake County) 1,724 7.28 mi

    14 Hillcrest High School 1,688 11.42 mi

    15 Brighton High School 1,670 11.55 mi

    16 Cottonwood High School 1,578 12.23 mi

    17 Olympus High School 1,543 15.16 mi

    18 Skyline High School 1,479 16.30 mi

    19 Murray High School 1,451 11.42 mi

    20 Juan Diego Catholic High School (Salt Lake County) 814 6.42 mi

    Total Enrollment 38,069 ( +/- )

    Enrollment Counts: Online Research, numbers provided by School Districts. Driving Distance: Online Research, numbers provided by Google Maps.

    HIGH SCHOOL STUDENT POPULATION

    Mountain View Village | LOCAL HIGH SCHOOL ENROLLMENT STUDY

    The total student population

    in the trade area from K-12th

    grade is over 93,000 students.

    • Five times (5X) the number

    of students in Pasadena,

    California Unified School

    District

    • Double (2X) of the entire

    Portland School DistrictSource: Portland Public Schools, www.pps.net

  • 11

    12

    13

    20

    1

    2

    3

    4

    5

    6

    7

    8

    9

    10

    14 15

    16

    17

    18

    19

    TRADE KEY AREA

    Primary Trade Area

    Secondary Trade Area

    DAYTIME EMPLOYEES

    2 ,000 +

    1 , 500 +

    1 ,000 +

    500 +

    Tertiary Trade Area

    Mountain View Village | LOCAL HIGH SCHOOL ENROLLMENT STUDY

    The Salt Lake City Airport

    is currently under construction on

    a multi-billion dollar expansion that

    also includes the light rail system

    already active.

  • LARGEST EMPLOYERS Sorted by Location

    SALT LAKE CITY

    FARMINGTON

    SANDY

    RIVERTON

    LEHI

    LINDON

    PROVO

    PARK CITY

    COTTONWOODHEIGHTS

    GRANDVIEW PEAK

    STATION PARK

    OUTLETS AT TRAVERSE MOUNTAIN

    CITY CREEK

    FASHION PLACE

    GREATSALT LAKE

    UTAH LAKE

    CAMPWILLIAMS

    1

    2

    2

    3

    3

    44

    55

    66

    7

    7

    8

    8

    Mountain View Village | NOTABLE COMPANIES IN THE AREA

    1

  • HOME PRICES | SF COMPANIES WITHIN A FEW HOURS OF

    SALT LAKE CITY...

    2014 VC INVESTMENTS IN UT

    AVERAGE COMMUTE

    Salt Lake

    Boston

    San Francisco

    New York City

    Salt Lake

    Boston

    San Francisco

    New York City

    $138

    $463

    $771

    $1368

    21 min

    22 min

    32 min

    48 min

    $6.99%

    14

    $954M

    5 7

    Billion Annual Payroll

    • Venture capital investments in Utah companies have increased 500% in 5 years

    of the Workforce

    World-class Ski Resorts

    National Parks

    National Monuments

    54

    3

    2

    1

    • 1,000s of miles of hiking and biking trails

    • Year-round golf courses

    • Award-winning museums performing arts scene

    • Sundance Film Festival

    1 Manufacturing

    2 Retail

    3 Education

    4 Health

    5 Hospitality

    Utah’s Tech Sector

    200

    400

    600

    800

    1000

    ‘1‘‘ 0 ‘1‘‘ 4‘1‘‘ 3‘1‘‘ 2‘1‘‘ 1

    $690M

    $337M

    $223M$151M

    Mountain View Village | UTAH LIFESTYLE

    WORKLIVE PLAY INVEST

    mwallaceText Box*UTAH IS HOME TO 4,300+ TECH COMPANIES

    mwallaceText Boxof Utah's Workforce is in the Tech Sector

    mwallaceText BoxBillion Annual Payroll within the Tech Sector

  • Mountain View Village | UTAH LIFESTYLE

  • Mountain View Village | ADJACENT DEVELOPMENT

    Upon completion, the Mountain View Corridor will carry 165,000 ADT, which is more noncommercial vehicle traffic than I-15.

    13400 South St

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    13200 South StPHASE IIPHASE I

    75,000 ADT

    150,000 ADT

    RESIDENTIALDEVELOPMENT3,406 Units389.43 Acres

    UTA TRANSIT(370,360 SF)8.50 Acres

    COMMERCIAL41.59 Acres

    OTHER14.02 Acres

    OFFICE67.82 Acres

    OPEN SPACE50.9 Acres

    MAP KEY

  • Mountain View Village | PROJECT RENDERING

  • Mountain View Village | PROJECT RENDERING

  • Mountain View Village | PROJECT RENDERING

  • AUGUST 2017 (NTS) Not to scaleThis document and the information contained herein is confidential and intended solely for the use of the individual or entity (“Recipient”) to whom it was originally sent by CenterCal Properties, LLC. The Recipient shall not disclose, copy, or distribute this document and/or the information contained herein to any other party nor take any action in reliance on the contents of this document. If you are not the intended recipient of this document you are notified that disclosing, copying, distributing or taking any action in reliance on the contents of this information is strictly prohibited.

    Mountain View Village | OVERALL PLAN

    Mo

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    13400 South St

    13200 South St

    75,000 ADT

  • AUGUST 2017 (NTS) Not to scaleThis document and the information contained herein is confidential and intended solely for the use of the individual or entity (“Recipient”) to whom it was originally sent by CenterCal Properties, LLC. The Recipient shall not disclose, copy, or distribute this document and/or the information contained herein to any other party nor take any action in reliance on the contents of this document. If you are not the intended recipient of this document you are notified that disclosing, copying, distributing or taking any action in reliance on the contents of this information is strictly prohibited.

    Mountain View Village | POWER CENTER PLAN DETAIL

  • AUGUST 2017 (NTS) Not to scaleThis document and the information contained herein is confidential and intended solely for the use of the individual or entity (“Recipient”) to whom it was originally sent by CenterCal Properties, LLC. The Recipient shall not disclose, copy, or distribute this document and/or the information contained herein to any other party nor take any action in reliance on the contents of this document. If you are not the intended recipient of this document you are notified that disclosing, copying, distributing or taking any action in reliance on the contents of this information is strictly prohibited.

    Mountain View Village | VILLAGE PLAN DETAIL

  • Mountain View Village | CREATING HAPPINESS

  • Mountain View Village | PROJECT LOOK AND FEEL

  • FOR RETAIL LEASING

    INFORMATION PLEASE

    CONTACT :

    Chris Byers [email protected]

    Dee Torres [email protected]

    Melanie Vasquez [email protected]

    Gary Hall [email protected]

    FOR PARCEL AND POWER

    CENTER LEASING INFORMATION

    PLEASE CONTACT: :

    170911_RSX_BROGN_12X9_AC_FINAL

    Jeff Valiquett [email protected]