ZMACERICH ARA X
A unique and exciting mix of retail, restaurants, entertainment and co-working Spanning three city blocks in the heart of downtown Philly
MARKET EAST
Average household income is $131,049 within the Center City core.
The most affluent neighborhoods are just blocks from the center including Society Hill at $178,000 and Riverfront at $172,000.
This residential shift corresponds to the retail shift occurring in the market. Rittenhouse Square at $130,000 is no longer the highest income area.
BROAD STREET EAST AND WEST - EXTENDED CENTER CITY
EXTENDED CENTER CITY 19130
19123
WEST
2020 Population: 100,764 5 Year Population Growth: 6.8% Millennials: 41,909 | 43% Households: 55,105 Average Household Income: $120,028
EAST
CENTER CITY CORE
LOGAN SQUARE: $121,764
19107 19103
19102
(Combined West Zips: 19103, 19102, 19130, 19146)
19106 RIVERFRONT: $172,189
FASHION DISTRICT PHILADELPHIA OLD CITY: $133,251
RITTENHOUSE SQUARE: $130,000
SOCIETY HILL: $177,741
FITLER SQUARE: $194,794 BELLA VISTA : $123,505
19146
QUEEN VILLAGE: $132,089
19147 EXTENDED CENTER CITY
(Combined East Zips: 19107, 19106, 19123, 19147)
2020 Population: 87,709 5 Year Population Growth: 6.3% Millennials: 37,126 | 42% Households: 43,735 Average Household Income: $120,334
Traffic Trends by Month
2018 FDP Under Construction - Mostly Transit Activity + Some Retail
NOV
DEC
JAN
FEB
MAR
APR
116,795
OCT
118,006
SEP
120,369
AUG
106,944
113,453
JUL
100,383
103,609
JUN
77,085
106,492
MAY
74,932
106,373
APR
96,820
109,415
MAR
96,140
113,043
FEB
110,652
89,148
JAN
105,543
85,363
100K Avg. Monthly Traffic
MAY
JUN
JUL
2019
130,394
After the Grand Opening at Fashion District Philadelphia, monthly traffic increased by about 300% year-over-year, averaging roughly 400K shoppers per month.
AUG
407,832
402,441
387,413
JAN
FEB
281,511
352,929
447,083
400K Avg. Monthly Traffic 300% Monthly Increase
SEP
OCT
NOV
DEC
FDP Grand Opening 9/19/2019
2020 Source: Placer.ai
600,000
Walnut Street Retail Block
500,000
Competitive Monthly Traffic Trends
400,000
Within the first four months of opening, Fashion District Philadelphia was already generating nearly as much traffic as the Walnut Street Retail Block. 300,000
200,000
Fashion District Philadelphia 100,000
JAN
FEB
MAR
APR
MAY
JUN
JUL
2018
AUG
SEP
OCT
NOV
DEC
JAN
FEB
MAR
APR
MAY
JUN
JUL
2019
AUG
AVERAGE TRAFFIC PER MONTH (for the 4-month period of Nov thru Dec 2019 and Jan thru Feb 2020)
Walnut Street Retail Block 499K Fashion District Philadelphia 410K
SEP
OCT
NOV
DEC
FDP Grand Opening 9/19/2019
JAN
FEB 2020
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC Source: Placer.ai
Median Length Of Stay The median shopper visit at Fashion District Philadelphia is comparable to Walnut Street.
67 Min
70
Fashion District Philadelphia
Walnut Street Retail Block
Source: Placer.ai traffic data based on the four-month period of Nov, Dec 2020 and Jan, Feb 2021
Min
Average Traffic Weekday vs. Weekend Fashion District Philadelphia drives a larger share of weekend visits and a more balanced traffic trend overall throughout the week.
37
29%
63% Weekday
71%
FashIon District Philadelphia
Walnut Street Retail Block
%
Weekend
Weekend
Weekday
CONCOURSE LEVEL
ZARA Proposed - 22,649 SF
STREET LEVEL
ZARA Proposed - 7,293 SF
SECOND LEVEL
ZARA Proposed - 11,223 SF
TRUCK DOCK LEVEL
CONCOURSE LEVEL
STREET LEVEL
SECOND LEVEL
LOCATION FEATURES
Prominent location
at the main entrance of Fashion District Philadelphia, the only shopping center entrance on Market Street
Incredible visibility
from Market & 9th Streets, with two levels of ZARA branding
640 feet of frontage
with dominant branding on all three levels
22 million annual commuters arriving to the largest regional rail hub in Philadelphia
ONE OF THE NATION’S LEADING OWNERS, OPERATORS & DEVELOPERS OF MAJOR RETAIL PROPERTIES IN ATTRACTIVE U.S. MARKETS, INCLUDING CALIFORNIA, THE PACIFIC NORTHWEST, ARIZONA, CHICAGO AND THE METRO NEW YORK TO WASHINGTON D.C. CORRIDOR MACERICH (NYSE: MAC)