tg pacifica square - loopnet€¦ · (5) asian cool • pacifica square plans to create a vibrant,...
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(2) Development Concepts1. The Best Location: Pacifica Square is located in the core area of the most prestigious
business district in Aurora in the western suburbs of Chicago. The south side is adjacent
to the famous large indoor shopping mall, Fox Valley Mall, and the east is directly
connected to the interstate 88. Just one mile away is the Chicago intercity train Metra
Station. It has a large passenger flow, high traffic flow, convenient transportation and
huge radiation area. It is a densely populated community with a large percentage of the
Asian population in the western suburbs of Chicago.
2. New Lifestyle Concept: There is excellent public education in the western suburbs of
Chicago. This environment has attracted many Asian residents to the area. Due to the
continued rising economic development and the unlimited business opportunities, the
population has been growing especially in the Asian population in recent years. The
consumption pattern has also been changing, forming a strong consumer demand.
However, the lack of modern Asian shopping malls in the region has made Asian life
extremely inconvenient. Therefore, in order to meet the needs of the market, the second
phase of Pacifica Square is to add a professional office building and the third phase is to
build a garden- style high- end residential mix use building which also integrates with
other shops, merchants and convenient facilities in the Plaza, allowing guests to enjoy a
wide range of diversification.
3. The ratio of high-income families within a five- mile radius of Pacifica Square is
extremely high and Aurora's business district earnings rank first in the US suburbs. Only
45 minutes drive from downtown Chicago, Naperville has high-quatlity, high income
residents, excellent public education, beautiful natural environment, and complete social
and cultural facilities.
(1) Project Planning
(3) Prospects• The Pacifica Square architectural design is designed by ZSW Architects, Cristal Zheng.
Zheng presented the design concept of Asian Cool to Pacifica Square to create a high-
quality "Asian Style" consumer experience that meets the needs of the consumers. In
Phase I, some exisitng stores will be renovated with new appearances to meet the
diversified requirements of modern commercial standards. The presence of the
prestigious Hong Kong supermarket has become an anchor tenant at Pacifica Square.
Other large commercial spaces of the center has been divided to a number of small shops
and the transformation of the facade also provides signs and recognition for each
business. The exterior area of the shop and the landscape vegetation will become a
pleasing element of this modern lifestyle center.
• The second phase of Pacifica Square is to build a professional office building along the
main street of East New York. The office building will have a modern design style with a
great atmosphere. The building will have open large glass office space which will create
a high-end environment for office. The design of the building will also incorporate a
sustainable concept, with solar panels on the roof, solar energy to provide the building's
electrical energy, or air conditioning system to save power and protect the environment.
• Phase III of Pacifica Square is to build a commercial and residential mixed-use building
in the center including apartments, first-floor shops and indoor parking garages, creating
a garden-style residential area, combined with the second-phase office building to
provide urban elites with near excellent living conditions. Pacifica Square is located in
the 204-school district with excellent educational quality and is just three miles from
interstate 88. When completed, Pacifica Square will showcase Asian characteristics and
become an“Asian Cool”city in the US that leads Asian business and culture.
Pacifica Square is located in Aurora, a suburb of Chicago, on the south side of Fox Valley
Mall.
Pacifica Square was formerly known as Yorkshire Plaza. Yorkshire Plaza was acquired by
Windfall Group in February of 2018. The vision for this property is to transform the
shopping center into the Largest Asian Shopping Center in the US adding the Asian Cool
brand. Pacifica Square currently has over 360,000 gross leasable area with over 1500
parking spaces. Part of Phase I is to revive the former Yorkshire Plaza shopping center by
bringing in more tenants in the area of service. Phase II will include building a modern and
stylish five-story professional office building with a building area of approximately 45,000
square feet. Lastly, Phase III will include a five-story commercial & residential building
with approximately 240 residential units and 33,000 square feet of more commercial retail.
The building area will be approximately 380,000 square feet. When all phases of the
redevelopment has been completed, Pacifica Square will have a total of 780,000 square
feet, making it the largest lifestyle center in the United States.
Pacifica Square aims to create a vibrant, multi-cultural, stylish one stop "Asian Cool" city
that combines shopping, leisure, business, entertainment, food, service and life. It not only
meets the needs of the surrounding Asian communities but also leads and promotes the
oriental cultural characteristics to more American families. The Windfall Group team has
full confidence in bringing this to the community.
TG PACIFICA SQUARE A WINDFALL PROPERTY
(5) Asian Cool• Pacifica Square plans to create a vibrant, Asian inspired city that is full
of energy, style and positivity.
• Pacifica Square will meet the needs of Asian communities for fashion
and consumption with Asian cuisine, shopping, leisure, and
multiculturalism. It will become the "Asian Cool" city in the western
suburbs of Chicago.
• Pacifica Square is not just a large-scale Asian Lifestyle Shopping Center
but also a Lifestyle Shopping center that also brings a new life concept
of Asia which will bring consumers a powerful consumption model and
consumption environment.
• Pacifica Square aims to create Chicago's "Western Asiantown" and lead
the "Asian Cool" city with its own unique oriental culture.
• After the completion of all 3 phases of Pacifica Square, it will showcase
its special features and become an "Asian Cool" city for Asian business
& culture.
(6) Our Mission"Working together to create business opportunities."
After a detailed market research, Pacifica Square's development project
received strong support from the City of Aurora and received enthusiastic
response from the business owners of the Greater Chicago Chinese
community. Pacifica Square is willing to work together with all walks of
life to create business opportunities and jointly create an "Asian Cool" city.
Let us join hands to promote the development of the market and gradually
form a business circle centered on Chicago's Pacifica Square. Pacifica
Square will be a milestone in the development of the Asian community in
Greater Chicago.
Development Concept & Planning
Windfall Group聯 豐 集 團
Sunny Zhang (616) 795-5000 Judy Ni (330) 807-2272
David Brackney (312) 953-5198
Pacifica Square has a total gross leasable area of over 360,000 square feet and with
over 1500 parking spaces. The existing tenants include anchor tenants Best Buy, Value City Furniture, Men's Wearhouse, Pier One, etc. (See above)
In addition to the existing businesses, Pacifica Square has approximately 150,000
square feet left to lease where 100,000 square feet of that space has been leased out
by Pacifica Square. Pacifica Square has leased out 50,000 square feet of the space
to an Asian supermarket, Park To Shop, with a food court. Pacifica Square has
also leased out spaces to Levee Karaoke/BBQ, Pho Noodles Shop, ViVi Bubble
tea, Aquarius Gift Shop, Gemini Foot Massage, Strings Ramen, Hot Pot, Stone Cabinet Works, and a Axe throwing Sports Bar (ChiLL'Axe).
In addition, there is a second phase of the project with a building area of
approximately 45,000 square feet. Our team will introduce more national popular
brands, highlighting the unique and fashionable positioning of Pacifica Square and
promoting the Asian culture to the community.
(4) Lease Status4360