The Shops at Riverwalk Place by Brandon Clark

THE SHOPS AT

PLACE

THE SHOPS AT

PLACE LOCATION:

Center of Tuscaloosa’s Riverwalk Park, North of UA Campus, Downtown Historic Districts & CBD

GLA:

16,550sf waterfront retail below 2 floors of residential condos

LEASED TENANTS: MSA POPULATION:

167,446

TRAFFIC COUNT:

20,042

GENERATORS:

University of Alabama, CBD & Entertainment District, River Market & Tusc Amphitheater

121 120 119

AVAILABLE 1489sf

LEASED: Another Broken Egg

109 108

47 48

AVAILABLE Anchor Restaurant Space 5715sf+/-

1307sf

1264sf

1483sf

AVAILABLE (In whole or part)

LEASED: Orange Leaf Yogurt

THE SHOPS AT

PLACE

THE SHOPS AT

Completion date: Nov 15, 2012 Photo Taken Oct 30, 2012

PLACE

ÂŠ 2012 Bill Lunsford Const. & Dev. Inc.

THE SHOPS AT

WHY TUSCALOOSA?

PLACE

Tuscaloosa County is a community that continues to grow and prosper in this challenging economy. Nearly 170,000 people live in the MSA, and Tuscaloosa serves a regional market of over 350,000 people. The City of Tuscaloosa has a population of approximately 90,000; and the neighboring community of Northport has around 20,000 people.

COLLEGES & UNIVERSITIES The University of Alabama was ranked 31st, its highest ranking ever, in the 2012 US News & World Report rankings. Enrollment at the University of Alabama has grown by over 80% since 2001 and reached a record high of 31,747 students for fall 2011. Shelton State Community College offers 2-year degree programs in varied subjects serving as a primary work force development resource for West Alabama. 8,000 students. Stillman College is a private liberal arts college with an average enrollment of 1,200.

ATTRACTIONS University of Alabama football brings in visitors from across the country each fall. A typical home game weekend has an $15 million economic impact on the community. Games against rivals or ranked opponents may bring in as much as $25 million. UA’s championship Gymnastics and Softball programs, as well as up-and-coming Basketball and Baseball programs command a smaller economic impact but still bring Crimson Tide fans to town year round. Tuscaloosa’s quality of life is unparalleled, with 36 public parks covering more than 1800 acres, beautiful Lake Tuscaloosa, countless rivers and streams and multiple world-class golf courses. Northport’s Kentuck Festival has grown into one of the largest and most important regional arts festivals in the Southeast, bringing over 30,000 people to the area each year. Also, the Historic Bama Theater and new riverfront Tuscaloosa Amphitheater consistently stay booked with large and small acts and will continue to add to Tuscaloosa’s thriving economy and riverfront for years to come.

TOP TEN EMPLOYERS University of Alabama Higher Education DCH Regional Medical Center Medical Services Mercedes-Benz U.S. International All-activity vehicles Tuscaloosa County Board of Education Public Education Jim Walter Resources Coal Mining BF Goodrich Tire Radial Tires Tuscaloosa City Board of Education Public Education Phifer Wire Products Aluminium/Fiberglass Screening City of Tuscaloosa Local Government Services Veterans Administration Hospital Specialized Health Care

THE SHOPS AT

WHY RIVERWALK? Market Demographics. Successful businesses are located near their customers in markets that are underserved. Would your concept thrive in an area next to a population of 31,747, a majority of whom have credit card limits of over $5000, or don’t even know their limits? How many of your competitors are in the Tuscaloosa market? How many of your competitors are located closer to the UA students or downtown than the Shoppes at Riverwalk? Traffic Drivers. Riverwalk is located on the major thoroughfare between Tuscaloosa’s highest-income residential areas (which surround Lake Tuscaloosa) and the University of Alabama & Tuscaloosa’s CBD . The project is adjacent to Tuscaloosa’s highest employment density areas, including the University of Alabama, a new Federal Courthouse and the new Bank of Tuscaloosa plaza. Destination Appeal. Tuscaloosa’s Black Warrior Riverfront was recently named a Federal Scenic Byway. Riverwalk is designed to blend with the beautiful setting and provide opportunities for riverfront views from seating and sales areas. Newly completed adjacent attractions such as the Riverwalk Amphitheater, Warner Art Museum, River Market and Convention and Visitors Bureau make the Riverwalk a go-to destination for visitors or special occasions. Would your concept see sales higher than a typical location in an environment like this? Area of Revitalization. Since 2009, over $185 million in public and private improvements to the area have made the Riverfront a beautiful and bustling area of Tuscaloosa. This resurgence was inevitable for a waterfront area so conveniently located to downtown and the University of Alabama. Events & Tourism. University of Alabama athletics and a thriving arts scene have made tourism a significant driver of the local economy. Each of the 7 Alabama home football games has an $15-25 million economic impact. On a smaller scale, basketball baseball, softball and gymnastics events bring in regional visitors with multiple events in a typical week. 2011 was the inaugural season of the Tuscaloosa Amphitheater and hosted over 30 events (including 17 concerts) featuring acts ranging from ZZ Top, Lynyrd Skynyrd, and Kenny Chesney to modern acts such as STS9, Widespread Panic and 3 Doors Down. Many businesses reported sales on major concert nights at the levels they see on Alabama Football home game days.

PLACE

UA Students Demographic Highlights 2011 Enrollment 31,747 Students Median Monthly Expenditures $1263.00 Freshman Class not from Alabama 42.8% Female students who travel to Birmingham to shop for clothes not available in Tuscaloosa 72.5% Students who travel to Birmingham to visit restaurants not available in Tuscaloosa 54.4% Students with over $250/ mo in Disposable Income 17,905 (extrapolated) 56.4% Students whose credit card limit is higher than $5000, or who don’t even know their limit 51.2% Adapted from data compiled from numerous studies completed by the University of Alabama

THE SHOPS AT

Public & Private Investments Year of Completion and Cost Shown

PLACE

Sources: Tuscaloosa News, City of Tuscaloosa ÂŠ 2012 Bill Lunsford Const. & Dev. Inc.

THE SHOPS AT

PLACE Lat: 33.1872 Lon: -87.5773 Zoom: 11 mi

5.00 Miles

Northport Northport

E E E N NE E N N YN Y K KY K P PK K P R RP P R E R ER E N N NE R RN N N R A AR R A W WA A W K K KW W C CK K K C A AC C A JJJ JA A J

1.00 Mile 43

N N D D N N N R R DN D D E E RD R R IN IN ER E E M M INE IN IN E E MIN M M IC IC EM E E R R R ICE IC IC RIC R R

5TH ST 5TH 5TH ST ST ST 5TH 5TH 5TH ST ST

Holt Holt



C C C O O M M C C CO O O M M OM M M MM E E R R M M ME C C E E ER E E R R RC C C CE R R E E ER D D R R RD D D D

U UN U U U NIV N IV IV IVE E ER IV IV E R RS E R S SIT R S S ITY IT Y Y YB B BL Y Y B LLL LV B V VD V V D D

Tuscaloosa Tuscaloosa

BLVDE BLVD BLVD E E E MCFARLANDBLVD MCFARLAND MCFARLAND BLVD BLVD E E

MA AR M M RTI A M TIN R A TI R TI N LU N LUTH LU LU THER TH LU LU ER K ER TH TH K ER ER ING IN IN KIN G JR G K IN IN JR B JR G G BLV B B JR JR LV LV LVD B B D D D LV D D

EEE VVV VEEE A AV A O O O OAA R R RO O O O OR B B B B BO SSB N N N NSSS EEEEEN R R R REEE G G G G GR

SSSSSSA ANN AAA NNND DEE DDD EEERRR SSSSSFF FFFEEE RRRR RRR R RRRYYYYY RDDD RRR R DDD

15TH 15TH 15TH ST ST ST ST 15TH 15TH 15TH ST

215

215 69

Population Density By Block Groups

2,500 or more 1,000 to 2,500 500 to 1,000 50 to 500 Less than 50

1650 Jack Warner Parkway Tuscaloosa, Alabama

Prepared for:

Current Year Estimated Persons per Square Mile January 2012

This map was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.

Logos are for identification purposes only and may be trademarks of their respective companies.

E E E N N E N D D NE D R R DN R E E RD E INE IN ER IN M MIN M IN EM E M M E ICE IC E IC RIC R IC R R R

3.00 Miles

THE SHOPS AT

PLACE Lat: 33.1872 Lon: -87.5773 Zoom: 11 mi

5.00 Miles

Northport Northport

E E E N NE E N Y Y YN N K KY Y Y K P PK K P R RP P R R ER E N N NE R RN N N R A AR R A W WA A W K K KW W C CK K K C A AC C A JJJ JA A J

1.00 Mile 43

N N D D N N N R R DN D D E E RD R R IN IN ER E E M M INE IN IN E E MIN M M IC IC EM E E R R R ICE IC IC RIC R R

5TH ST 5TH 5TH ST ST ST 5TH 5TH 5TH ST ST

Holt Holt



C C C O O M M C C CO O O M M OM M M MM E E R R M M ME C C E E ER E E R R RC C C CE R R E E ER D D R R RD D D D

U UN U U U NIV N IV IV IVE E ER IV IV E R RS E R S SIT R S S ITY IT Y YB Y B BL Y B LLL LV B V VD V V D D

Tuscaloosa Tuscaloosa

BLVDE BLVD BLVD E E E MCFARLANDBLVD MCFARLAND MCFARLAND BLVD BLVD E E

MA AR M M RTI A M TIN R A TI R TI N LU N LUTH LU LU THER TH LU LU ER K ER TH TH K ER ER ING IN IN KIN G JR G K IN IN JR B JR G G BLV B B JR JR LV LV LVD B B D D D LV D D

EEE VVV VEEE A AV A O O O OAA R R RO O O O OR B B B B BO SSB N N N NSSS EEEEEN R R R REEE G G G G GR

SSSSSSA ANN AAA NNND DEE DDD EEERRR SSSSSFF FFFEEE RRRR RRR R RRRYYYYY RDDD RRR R DDD

15TH 15TH 15TH ST ST ST ST 15TH 15TH 15TH ST

215

215 69

Employment Density By Block Groups

5,000 or more 2,500 to 5,000 1,000 to 2,500 500 to 1,000 Less than 500

1650 Jack Warner Parkway Tuscaloosa, Alabama

Prepared for:

Current Year Estimated Persons per Square Mile January 2012

This map was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.

Logos are for identification purposes only and may be trademarks of their respective companies.

E E E NE N N E E DN D D N N R RD R D D E ER E R R IN INE IN E E M MIN M IN IN E EM E M M IC ICE IC E E R RIC R IC IC R R R

3.00 Miles

THE SHOPS AT

PLACE Lat: 33.1872 Lon: -87.5773 Zoom: 11 mi

5.00 Miles

Northport Northport

E E E N NE E N N YN Y K KY K P PK K P R RP P R E R ER E N N NE R RN N N R A AR R A W WA A W K K KW W C CK K K C A AC C A JJJ JA A J

1.00 Mile 43

N N D D N N N R R DN D D E E RD R R IN IN ER E E M M INE IN IN E E MIN M M IC IC EM E E R R R ICE IC IC RIC R R

5TH ST 5TH 5TH ST ST ST 5TH 5TH 5TH ST ST

Holt Holt



C C C O O M M C C CO O O M M OM M M MM E E R R M M ME C C E E ER E E R R RC C C CE R R E E ER D D R R RD D D D

U UN U U U NIV N IV IV IVE E ER IV IV E R RS E R S SIT R S S ITY IT Y Y YB B BL Y Y B LLL LV B V VD V V D D

Tuscaloosa Tuscaloosa

MCFARLANDBLVD MCFARLAND BLVDE BLVD E E MCFARLAND BLVD MCFARLAND MCFARLAND E BLVD E

MA AR M M A M TIN TI TI RTI R A N LU TI TI N LUTH N LU THER TH LU ER TH TH ER K KIN K ER ING IN G JR G K K IN IN JR B JR G G B JR JR LV LVD LV BLV B D D LV LV D D

EE E VVEE A A A A AVVV O O O OA R R R R RO O O O OR B B B B BO N N N NSSS EEE EN EEE R R R REEE G GR G

SSSSSAAA NDDD NNN N DDDEEEEE RSS RRR R SSSFF FFFEEEEEE RRR RRR R RRRYYY RDD RRR R DDD

15TH 15TH 15TH ST ST ST ST 15TH 15TH 15TH ST

215

215 69

Median HH Income By Block Groups

$75,000 or more $60,000 to $75,000 $45,000 to $60,000 $30,000 to $45,000 Less than $30,000

1650 Jack Warner Parkway Tuscaloosa, Alabama

Prepared for:

Current Year Estimated Persons per Square Mile January 2012

This map was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.

Logos are for identification purposes only and may be trademarks of their respective companies.

E E E NE N N E E DN D D N N R RD R D D E ER E R R IN INE IN E E M MIN M IN IN E EM E M M IC ICE IC E E R RIC R IC IC R R R

3.00 Miles

THE SHOPS AT

PLACE

THE SHOPS AT

PLACE

SUMMARY DEMOGRAPHIC PROFILE

1990 - 2000 Census, 2010 Estimates & 2015 Projections - as of 4th Qtr / 10 Calculated using Proportional Block Groups

Lat/Lon: 33.217626/-87.558072

2010 Estimated Population 2015 Projected Population 2000 Census Population 1990 Census Population Historical Annual Growth 1990 to 2010 Projected Annual Growth 2010 to 2015 2010 Male Population 2010 Female Population 2010 Average Age 2010 Median Age

1.00 mi radius 11,033 10,859 10,689 11,133 -0.0% -0.3%

3.00 mi radius 56,190 54,977 55,679 59,365 -0.3% -0.4%

5.00 mi radius 99,575 99,720 93,862 96,243 0.2% 0.0%

51.2% 48.8% 32.5 26.8

47.3% 52.7% 34.9 28.9

47.5% 52.5% 36.0 30.3

2010 Estimated Households 2015 Projected Households 2000 Census Households 1990 Census Households

4,301 4,195 4,220 3,881

22,529 21,928 22,442 22,068

40,263 40,234 38,006 36,002

Historical Annual Growth 1990 to 2010 Projected Annual Growth 2010 to 2015

0.5% -0.5%

2010 Estimated White 2010 Estimated Black or African American 2010 Estimated Asian 2010 Estimated Other Races 2010 Estimated Hispanic 2010 Estimated Average Household Income 2010 Estimated Median Household Income 2010 Estimated Per Capita Income 2010 Elementary 2010 Some High School 2010 High School Graduate 2010 Some College 2010 College Degree Number of Businesses Total Number of Employees Avg Employee Population per Business Avg Residential Population per Business

0.1% -0.5%

0.6% -0.0%

44.5% 49.2% 4.8% 1.5%

42.2% 54.7% 2.3% 0.8%

44.2% 53.1% 1.8% 0.9%

2.9%

2.2%

2.6%

$ 46,256 $ 31,793 $ 21,161

$ 51,927 $ 35,160 $ 22,498

$ 54,807 $ 40,842 $ 23,192

8.1% 10.8% 13.9% 17.1% 50.0%

8.4% 14.7% 22.5% 17.9% 36.4%

7.0% 14.0% 24.6% 19.9% 34.5%

2,300 44,420 19.3 24.4

3,410 62,624 18.4 29.2

419 9,726 23.2 26.4

This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.

BUSINESS

EDUCATION (AGE 25+)

INCOME

POPULATION BY RACE

HOUSEHOLDS

POPULATION

Jack Warner Pky & Guildswood Tuscaloosa, Alabama

Demographic Source: Synergos Tech - PopStats / TIGER Geography 11/10