South Plains Mall: The Spirit of Texas

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THE SPIRIT OF TEXAS.



IN THE HEART OF A VIBRANT COMMUNITY Residing in the heart of West Texas, Lubbock serves a thriving community where residents sip wine at the local vineyards, dine with friends and family and enjoy the flourishing art scene. A cultural hub for music, history, art and shopping, the city draws visitors from all over and the hometown hospitality of Lubbock attracts more and more residents for its West Texas charm.

Quickly Becoming a Major Metropolis 2nd Largest City in West Texas 40K Annual Student Enrollment at Texas Tech University 6 Award Winning Wineries 30% Hotel Increase from 2015-2018 Totaling 5,300+ Hotel Rooms 7.3% Expected Population Growth (2019-2024) 4th Best City for Work-Life Balance (Smart Asset, 2018) 5th Best Midsize City for New College Graduates (OnlineDegrees.com, 2019) More Gen Z and Millennials (49%) Than All of Texas (46%) and U.S. (42%) Cost Of Living Index Is 91.5%, Reflecting A Higher Standard Of Living At A Lower Cost Than Almost Anywhere In The Nation 3


SPANNING MANY MILES Lubbock is home to South Plains Mall, the largest super-regional mall between Fort Worth, TX and Albuquerque, NM. A strong lineup of first-to-region brands, market exclusives and dining experiences attracts shoppers from a vast trade area. This is a must-visit destination for shoppers in a 100-mile radius and an ideal location for retailers for its affordable business costs, and low economic and employment volatility.

Drawing from 35 Counties over 40,000 Square Miles 760K Trade Area Population Top Feeder Cities Include Clovis, Roswell and Hobbs in New Mexico and Plainview in Texas Lubbock Preston Smith International Airport is the 9th Busiest Airport in Texas out of 395 Airports


Amarillo

TEXAS OKLAHOMA

NEW MEXICO TEXAS

40

40

iles

100 M

84

iles

75 M

Clovis

27 iles

50 M

84

iles

Wichita Falls

25 M

Lubbock Preston Smith International Airport

Roswell

82

Lubbock

SOUTH PLAINS MALL 380

87

84 180

NEW MEXICO TEXAS

20

385

Abilene

Midland Odessa 20

87

35 Counties

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WELCOME TO HUB CITY Lubbock, known as “Hub City” – a major economic, educational and healthcare epicenter – has seen strong retail sales, job growth and new home construction. The city boasts a diverse and thriving economy including a growing medical sector, a world-class university system at Texas Tech with nearly two thousand employees, and a robust agricultural industry with cotton growers producing two-thirds of the Texas cotton crop. The greater Lubbock region also benefits from the economic impact of the oil and gas industry for its proximity to the highest producing oil field in the world, however it is not dependent on it. This community will continue to flourish as its economic engine matures.

31% Steady Economic Growth in the Last Seven Years $1.9B+ Annual Economic Impact from Texas Tech University $735M+ Economic Impact from Healthcare Job Growth at the Highest Levels (since 2016) 17K+ People Employed by the Healthcare Sector 90% of Texas’ Wine Grapes Grown in Lubbock Nation’s #1 Cotton-Producing State


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AND CHEERING MAKES YOU FAMILY Lubbock is the only city in the nation with a comprehensive university, health sciences center, medical school, agricultural college and law school all in one location – Texas Tech University. Less than five miles from South Plains Mall, Texas Tech is the heart of the Lubbock community. Rich tradition abounds and passion runs deep for Red Raider football with the entire community gathering to tailgate and cheer at more than 100 annual events. The infectious Spirit of Raiderland creates Red Raider fans forever.

40K Annual Student Enrollment 21% Enrollment Increase (since 2010) Red Raiders are Members of the Big 12 Conference Tier One Carnegie Designation, Reflecting Academic and Research Excellence 200K Alumni Across the World and 70+ Chapters in 29 States 2019 NCAA: Final Four in Baseball College World Series National Championship Finalist in Men’s Basketball Outdoor Men’s Track and Field National Championship

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IT’S MORE THAN JUST A SHOPPING EXPERIENCE... SOUTH PLAINS MALL. Macerich is continually reinvesting in South Plains Mall to bring the best brands and dining experiences to the community. Recent renovations included a redesigned main entrance, new flooring, ceilings, finishes and lighting throughout the concourse and court areas. This vibrant refresh sets the stage for upcoming remerchandising.

Top-Performing Anchors & Retailers Within the Macerich Portfolio Market Exclusive Cheesecake Factory & Imax in the Region More Than 150 Specialty Stores


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M A C E R I C H ( N Y S E : M A C ) A N S & P 5 0 0 C O M PA N Y O N E O F T H E N AT I O N ’ S L E A D I N G O W N E R S , O P E R AT O R S & D E V E L O P E R S O F M A J O R R E TA I L P R O P E R T I E S I N AT T R A C T I V E U . S . M A R K E T S , I N C L U D I N G : G R E AT E R N E W Y O R K , W A S H I N G T O N D . C . , C H I C A G O , A R I Z O N A & C A L I F O R N I A


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