Montgomery Promenade

A 1200 R o u te 206

PROJECT Mo n tg o m e r y Town sh i p , N J 0 8 5 4 0 www.montgomerypromenade.com

WELCOME TO MONTGOMERY

M ontgomery Promenade is a 300,000 square foot regional shopping/entertainment

development located in the heart of the true “Princeton” demographic, which is widely recognized to be among the wealthiest and most educated regions in the nation. While this trade area is significant, with almost 200,000 people, it is vastly underserved in almost every facet of shopping, dining and entertainment experiences. Montgomery Promenade is intended to satisfy these needs and is close enough to Princeton University and convenient enough to the regions to the south to attract a customer that would otherwise prefer to avoid the perils of Route 1. Most important, Montgomery Promenade will easily accommodate the needs of customers to the north, west and east, which are equally as

wealthy and underserved but completely out of reach of Route 1. The convenience of this regional shopping and entertainment destination is unmatched as Montgomery Promenade is strategically positioned at the intersection of the region’s prominent corridors Route 206 (north/ south) and Route 518 (east/west). While designed for this stronger regional draw, the shopping center also features many softer “Town Center” elements that include a Main Street boulevard that traverses through the center of the project with wider sidewalks, patio areas, bike paths, parks and an attractive streetscape. These details provide a pleasant, pedestrian friendly experience and a community focal point that appeals to a more affluent customer.

CENTRAL SQUARE MONTGOMERY PROMENADE

M ontgomery Township is located in the

heart of Somerset County, NJ. With a population of 22,746 people based on the 2015 data release has the population continuing to grow as NJ residents continue to demand for great schools. Montgomery High School was recently ranked #16 in the state of NJ. With such a high ranking the home values have remained very strong and inventory has

BY THE NUMBERS

remained low. The township is served by two main highways, Route 208 and Route 518. NJ Transit for the Northeast Corridor serves many residents which is close by at Princeton Junction. There is also an airport with a 3,500 long by 75’ wide runwayservicing the area with small propeller planes and helicopters. Although the community continues to carry at great rural feel there is a need for a speacial place that needs to be developed.

TOP AREA EMPLOYERS • Berlitz International • Bloomberg Financial • Bristol-Myers Squib • Capital Healthcare • Dow Jones & Company • FMC Corporation • Helene Fuld Medical Center • Hyatt Regency Hotel • Johnson & Johnson • Lockhead Martin • Merril Lynch • Princeton University

CENTRAL SQUARE MONTGOMERY PROMENADE

Population within 5 miles with a Bachelor’s Degree or Higher

TRAFFIC C O U NT S IN THE AREA

72%

*Over the age of 40

10

5

Route 206

ROADWAY

Route 518

Roadway A

Weekday

Saturday

Sunday

Route 206

20000

17000

15000

Route 518

11000

7500

6500

Roadway A

8000

9000

8500

POPULATION

HOUSEHOLDS

AVG INCOME

POPULATION

HOUSEHOLDS

$ 18,051

6,858

$176,279

15

Minutes

Minutes

84,610

30,590

AVG INCOME

$

$178,063

Minutes POPULATION

202,921

HOUSEHOLDS

73,792

AVG INCOME

$

$156,481

TRADE AREA

POPULATION

311,660

DAYTIME POPULATION

NUMBER OF HOUSEHOLDS

256,599 113,601 EMPLOYEES 14,156 BUSINESSES

AVERAGE HOUSEHOLD INCOME

$151,753

EDUCATION: BACHELORS DEGREE OR HIGHER

62.9%

BRIDGEWATER FLEMINGTON HILLSBOROUGH

MONTGOMERY KENDALL PARK 1

SOUTH BRUNSWICK

2

HOPEWELL

PRINCETON

CLOSEST COMPETITIVE RETAIL

1. PRINCETON CENTER - 2.5 MILES 2. PALMER SQUARE - 4 MILES 3. MARKETFAIR - 7.5 MILES 4. QUAKER BRIDGE MALL - 9 MILES

3

PLAINSBORO PRINCETON JUNCTION

4 EAST WINDSOR

RETAIL AREA

TOTAL ANNUAL CONSUMER EXPENDATURE STATISTICS (10 Mile Radius) TOTAL RETAIL EXPENDATURE

$4.89B

TOTAL NON-RETAIL EXPENDATURE

$6.0B

APPAREL

$388M GIFTS

$321M

FOOD & BEVERAGE

$1.5B

ENTERTAINMENT

$624M

SOMERVILLE

10 MILES

E TIM IVE DR E T U MIN 15

EDISON NEW BRUNSWICK

5 MILES

10

RARITAN CENTER

ME ETI RIV D UTE MIN

3 MILES

E TIM IVE DR E UT MIN

MONTGOMERY 5

DELAWARE RIVER

NEW HOPE PRINCETON

PRINCETON UNIVERSITY

MONROE TOWNSHIP

S ince there is not a downtown in Montgomery

Township, there is a pent up demand for a Town Center. Therefore Madison Marquette has created a desination that not only has convenient, everyday shopping but also a place where people want to stay for hours on end. The project is anchored by a 60,000 sf Frank’s Theater with 11 screens, 16 lanes of bowling and a 5,000 sf sports bar. The rest of the center is designed with a main street type theme including resturants, high end shopping and a 1 acre green space for outside entertainment. The total has 300,000+ sf with everything from coffee to day care to specialty boutiques to some of New Jersey’s top restaurants.

The center is complimented with a contemporary designed bypass road and roundabout including 33 single family lots for those who choose to live near the action but also choose to live far enough away to enjoy everything Montgomery has to offer. Architecture and Landscaping will rival anything found in the state but keep with the very desireable Montgomery feel.

• 10,000 VPD through new bypass road • 21,000 VPD through Route 206 • 14,000 VPD through Route 518

14,000 VPD

21,000 VPD

10,000 VPD

300,000 SQUARE FEET

+

PREMIUM SHOPPING

PREMIUM SHOPPING

95,000 SQUARE FEET SHOPPING

A carefully curated group of various retailers including local, regional and national tenants. This strategic selection of tenants will ensure that the shopping experience at Mongomery Promenade can draw consumers from a larger area than most retail centers in the area.

EXPERIENCE

PREMIUM SHOPPING

PREMIUM DINING

PREMIUM DINING

30,000 SQUARE FEET DINING

The premium dining experience will be anchored by 4 full service high end resturants from oporators from New York to Philadelphia. In addition to these best in class resturants, Montgomery Promenade will also feature multiple diverse dining choices for its consumers making it a destination for a unique dining experience.

EXPERIENCE

PREMIUM DINING

PREMIUM ENTERTAINMENT • 11 Screens • 16 Bowling Lanes • 5,000+ square foot Sports Bar

Anchored by a 60,000+ square foot entertainment center which can not be rivaled by anywhere else in the state. The Theatre will consist of 11 state-of-the-art stadium seating theatre screens, 16 bowling lanes and a 5,000 square foot sports bar with televisions for endless sports viewing.

60,000 SQUARE FOOT

EXPERIENCE

THEATER

COURTYARD ENTERTAINMENT

PREMIUM ENTERTAINMENT

PREMIUM GREEN SPACE • • • •

Concerts Farmers Markets Ice Skating Connection to township bike path

1ACRE OF ACTIVE

GREEN SPACE

CENTRAL SQUARE

Montgomery Promenade features an acre of programmed green space. Seasonal plans for this space include winter ice skating, summer concerts and weekly farmers markets which help form a unique bond with the community, ensuring that Montgomery Promenade is a family destination for all seasons.

EXPERIENCE

NATURE OUTDOORS

MONTGOMERY PROMENADE

NOW LEASING MONTGOMERY

Madison Marquette is a private, fully integrated real estate investment management and operating company providing a comprehensive set of services to institutional investors in retail, mixed-use and office assets in top-tier markets across the United States.

PROJECT MANAGEMENT: John Muly john.muly@madisonmarquette.com 732.481.2096 Steve Lidster steven.lidster@madisonmarquette.com 732.897.6512 CONTACT LEASING: John-david W. Franklin CRX CLX john-davidw.franklin@madisonmarquette.com 215.399.5606 Marcia Minton marcia.minton@madisonmarquette.com 215.399.5607

A 1200 R o u te 206

PROJECT Mo n tg o m e r y Town sh i p , N J 0 8 5 4 0 www.montgomerypromenade.com