Grounds for Development 2018 by Warren Unsicker

2018 GROUNDS FOR DEVELOPMENT 4TH LARGEST CITY IN OKLAHOMA

PREPARED FOR:

NEW SINCE 2017

“BROKEN ARROW IS ONE OF THE FASTEST GROWING CITIES IN OKLAHOMA DUE TO OUR ABILIT Y TO AT TRAC T HIGH QUALIT Y JOBS AND DESTINATION RE TAIL”. - CRAIG THURMOND, BROKEN ARROW MAYOR

BRANDS

NEW TO BA

NEW INVESTMENT

OR ADDITIONAL STORES

850 NEW PRIMARY JOBS ANNOUNCED AVERAGING $57,000 / PER YEAR

4TH LARGEST CITY IN OKLAHOMA • 2ND FASTEST GROWING CITY IN THE STATE • 15TH BOOMING SUBURB IN THE NATION • TOP 100 BEST PLACES TO LIVE

1 MILLION RESIDENTS within a 40 mile radius

Over

to KANSAS CITY

to WICHITA

COLORADO

270 miles

190 miles

KANSAS

SPRINGFIELD JOPLIN

NEW MEXICO

OKLAHOMA TEXAS

169

TULSA 412

412

OKLAHOMA CITY

BROKEN ARROW

PORT OF CATOOSA PORT OF MUSKOGEE

centrally

FAYETTEVILLE

FORT SMITH

NORMAN

Broken Arrow is

MISSOURI

ARKANSAS to LITTLE ROCK 260 miles

located in the South Plains Region of the USA.

to DALLAS 260 miles

Trade Area Population equal to

2017 Sales Tax

Nearly $2 billion in taxable goods sold in 2017

surrounding suburbs combined. • 343,000 Population (STA) • Over 158,000 Population (PTA) • Median Age of 37 (PTA)

• Average Household Income of $79,737 (PTA) • Low cost of living = more disposable income Source: STI PopStats

Steady Single Family Housing Growth

Low cost of doing business • Lowest utility costs in the region • Low Property Tax Rates averaging 1.35% (US Average is 2.14%)

Single Family housing permits per year 600 500 504 300 200 100 0

2011

2012

2013

2014

2015

2016

2017

Major Retail DEVELOPMENTS underway in Broken Arrow

1 Stone Wood Hills

(Bass Pro, Conference Center, Charleston’s)

2 South BA

(Specialty Hospital)

3 The Shops at Aspen Creek

(200+ acre luxury theatre anchored development, Starbucks)

4 Shops at Broken Arrow

(Target, PetSmart, Olive Garden, Dick’s Sporting Goods)

5 The Park at Adams Creek (Cinemark, Lowe’s, IHOP, Chili’s)

6 Hillside Crossings

(Sprouts Farmers Market, Zoey’s Kitchen, Starbucks, Louie’s Bar & Grill)

7 East Kenosha Market

(Great highway visibility and frontage on major arterial)

8 The Rose District

(Arts & Entertainment District, Performing Arts Center)

9 71st & Garnett

(Near regional retail hub)

10 61st & Lynn Lane

(Neighorhood intersection with Walmart Neighborhood Market, CVS)

11 Northeast Crossroads

(Walmart, Quick access to interstate highway system)

4TH LARGEST CITY IN OKLAHOMA • 2ND FASTEST GROWING CITY IN THE STATE • 15TH BOOMING SUBURB IN THE NATION • TOP 100 BEST PLACES TO LIVE 31st STREET S.

DEARBORN ST. (41st Street )

80,

000

CAR

37TH STREET (209st E. Ave. )

OMAHA STREET (51st Street )

D AY

169

ALBANY STREET (61st Street )

8 HOUSTON STREET (81st Street ) 23RD STREET (193rd E. Ave. )

LYNN LANE (177th E. Ave. ) 9TH STREET

MAIN STREET

ELM PLACE (161st E. Ave. )

WASHINGTON STREET (91st Street )

MIDWAY ROAD (257th E. Ave. )

ONETA ROAD (241st E. Ave. )

KENOSHA STREET (71st Street )

OAK GROVE ROAD (273rd E. Ave. )

EVANS ROAD (225th E. Ave. )

165

SK OG75 EE T

Skiatook

Oologah

IKE Collinsville

NEW ORLEANS STREET (101st Street )

Claremore Pryor

Owasso

412

169

FLORENCE STREET (111th Street ) GARNETT ROAD

Sand Springs

Catoosa

Chouteau

412

Tulsa

ASPEN AVENUE (145th E. Ave. )

OLIVE STREET (129th E. Ave. )

Broken Arrow

TUCSON STREET (121st Street )

Sapulpa

Jenks

Glenpool

Bixby

Wagoner

Coweta

JASPER STREET (131st Street )

Bristow YAZOO STREET (141st Street )

Muskogee

Secondary Trade Area 81.4% Catchment Primary Trade Area 68.5% Catchment Customer Samples 4,456 samples (2+ Visits)

P R I MA RY A N D S E CO N DA RY R E TA I L T R A D E A R E A S PRIMARY TRADE AREA: Our primary trade area consists of over 158,000 potential customers resulting in a total purchasing power of nearly $8.5 Billion

SECONDARY TRADE AREA: Our secondary trade area, consisting of over 345,000 potential customers, yields over $16 billion in purchasing power CUSTOMER SAMPLES

L E A K AG E S U M MA RY NAICS

PRIMARY LEAKAGE AMOUNT

SECONDARY LEAKAGE AMOUNT

Motor Vehicle & Parts Dealers

441

$43,057,336

—

Automobile Dealers

4411

—

Other Motor Vehicle Dealers

4412

$62,574,940

$38,170,034

Auto Parts, Accessories & Tire Stores

4413

$8,529,066

—

Furniture & Home Furnishings Stores

442

—

Furniture Stores

4421

—

Home Furnishings Stores

4422

—

Electronics & Appliance Stores

443

—

Bldg Materials, Garden Equip. & Supply Stores

444

—

Bldg Material & Supplies Dealers

4441

—

Lawn & Garden Equip & Supply Stores

4442

$532,529

$2,334,967

Food & Beverage Stores

445

$111,280,674

$201,822,367

Grocery Stores

4451

$99,888,284

$191,424,634

Specialty Food Stores

4452

$5,134,207

$6,629,163

INDUSTRY GROUP

Beer, Wine & Liquor Stores

4453

$6,258,183

$3,768,570

Health & Personal Care Stores

446,4461

—

Gasoline Stations

447,4471

$109,802,014

$185,545,311

Clothing & Clothing Accessories Stores

448

$9,521,008

—

Clothing Stores

4481

—

Shoe Stores

4482

$399,796

—

Jewelry, Luggage & Leather Goods Stores

4483

$11,946,762

$14,710,585

Sporting Goods, Hobby, Book & Music Stores

451

—

Sporting Goods/Hobby/Musical Instr Stores

4511

—

Book, Periodical & Music Stores

4512

—

$2,778,490

General Merchandise Stores

452

—

Department Stores Excluding Leased Depts.

4521

—

Other General Merchandise Stores

4529

$49,236,490

—

Miscellaneous Store Retailers

453

$11,730,811

—

Florists

4531

$2,559,284

$5,935,259

Office Supplies, Stationery & Gift Stores

4532

—

Used Merchandise Stores

4533

—

Other Miscellaneous Store Retailers

4539

$15,080,715

$3,921,600

Nonstore Retailers

454

$6,151,228

$15,741,933

Electronic Shopping & Mail-Order Houses

4541

—

$981,439

Vending Machine Operators

4542

$2,485,426

$4,397,508

Direct Selling Establishments

4543

$3,741,273

$10,362,986

Food Services & Drinking Places

722

—

Special Food Services

7223

$2,058,876

$2,961,231

Drinking Places - Alcoholic Beverages

7224

—

Restaurants/Other Eating Places

7225

—

S TO N E W O O D H I L L S

Hillside Drive extends to: • Hillside Crossings • Shops at Broken Arrow • The Park at Adams Creek Home to Oklahoma’s largest Bass Pro Shop, Stone Wood Hills sits on 430 acres along the Broken Arrow Expressway (SH-51). This site provides an outstanding view of Broken Arrow and Tulsa, centered around a combination of retail, restaurant, and office development. Sites front along Broken Arrow’s busiest highway traveled by 90k cars per day. This site is home to a new conference center and hotel project with 35,000 sf of conference space and 180 room hotel capacity.. We also have additional hotels proposed for the area that will serve to provide a regional conference and hotel hub.

BROKEN ARROW, OKLAHOMA

BrokenArrowRetail.com | 918.893.2113

stone wood

S TAT I S T I C S

DEMOGRAPHICS 2023 Projection 2018 Population 2018 Median Household Income Source: STI PopStats

TRAFFIC COUNTS (VPD) Elm Pl (intersecting Albany) Albany St (intersecting Elm) Broken Arrow Expressway (at Elm)

5 MINUTE DRIVE TIME

10 MINUTE DRIVE TIME

15 MINUTE DRIVE TIME

23,534 21,429 $58,365

92,847 85,182 $65,550

216,633 203,158 $61,831

hills

N - 8,365 S - 11,489 W - 10,361 E - 10,563 Over 80,000 cars per day

SITE MAP

All statements herein are for informational purposes only and are believed to be reliable; however, no warranty or representation is made to the accuracy thereof and the same is submitted subject to errors, omissions, change of price, terms, conditions and prior sale or lease. Demographic information provided by Synergos Technologies, Inc., ESRI 2018. Traffic counts from City of Broken Arrow, Oklahoma Turnpike Authority and Oklahoma Department of Transportation. Aerials Â©2015 Google.

SOUTH BA

With over 500 acres available for retail development in partnership with the City of Broken Arrow, the South Broken Arrow corridor is our newest commercial location. Anchored by the 150,000 sf Warren Theatres, the 110 acre â&#x20AC;&#x153;Shops at Aspen Creekâ&#x20AC;? development is destined to be a gathering spot for south Tulsans, Broken Arrowans, as well as residents of other nearby communities looking for new shopping, dining, lodging, entertainment, and office experiences. With easy ingress and egress from 3 exits on the Turnpike, including the newly constructed Aspen exit, as well as expansion and widening of Aspen and Tucson, this is a great place to locate retailers and new development projects. Sound Mind Specialty Hospital- proposed construction 2018-2019

BROKEN ARROW, OKLAHOMA

BrokenArrowRetail.com | 918.893.2113

south

S TAT I S T I C S

DEMOGRAPHICS 2023 Estimate 2018 Population 2018 Median Household Income Source: STI PopStats

TRAFFIC COUNTS (VPD) Aspen and Elm (North of Tucson/121st) Tucson/121st (Between Lynn and Elm) Creek Turnpike (at Elm)

5 MINUTE DRIVE TIME

10 MINUTE DRIVE TIME

15 MINUTE DRIVE TIME

18,748 17,306 $67,709

60,061 55,651 $75,399

147,217 137,359 $74,178

N on Aspen - 9,288 E of Aspen - 8,497 15,900

N on Elm - 20,240 W of Elm - 6,216

T H E S H O P S AT ASPEN CREEK The Shops at Aspen Creek is Broken Arrowâ&#x20AC;&#x2122;s newest commercial development. The 150-acre Master Plan includes approximately 950,000 square feet of the of retail, medical, multi-family and entertainment components. This highly anticipated mixed-use development will include an array of big-box anchors, shopping, dinning, and entertainment venues that rival the best in the nation. The Shops at Aspen Creek is destined to be a gathering spot for Tulsans, Broken Arrowans, and a regional draw to residents of nearby communities. Warren Theatre, the entertainment anchor at The Shops at Aspen Creek, is a 18-screen, state-of-the-art movie theatre boasting one of the largest screens in the nation at 100 feet wide by 50 feet tall. The theatre features $40 million dollarsâ&#x20AC;&#x2122;

BROKEN ARROW, OKLAHOMA

worth of luxurious finishes, and includes two restaurants and a game room. Warren Theatre opened in December 2014. Situated at the east end of The Shops at Aspen Creek is The Reserve at Aspen Creek, a 240-unit, three-story garden apartment complex constructed by Griffin Properties is now open. Starbucks anchored strip center completed Summer 2018. The Shops at Aspen Creek is located at the southeast corner of Aspen Avenue and the Creek Turnpike, offering major visibility and excellent access from the frontage road, the turnpike and Tucson Street, making it the ideal location for new retail development in all of the greater Tulsa market.

BrokenArrowRetail.com | 918.893.2113

the shops at S TAT I S T I C S

5 MINUTE DRIVE TIME

10 MINUTE DRIVE TIME

15 MINUTE DRIVE TIME

18,748 17,306 $67,709

60,061 55,651 $75,399

147,217 137,359 $74,178

N on Aspen - 9,288 E of Aspen - 8,497 15,900

N on Elm - 20,240 W of Elm - 6,216

DEMOGRAPHICS 2023 Projection 2018 Population 2018 Median Household Income

aspen creek

Source: STI PopStats

TRAFFIC COUNTS (VPD) Aspen and Elm (North of Tucson/121st) Tucson/121st (Between Lynn and Elm) Creek Turnpike (at Elm)

S ALLEY ’ S

JE WE LS JEWELRY & GIFTS

STARBUCKS COFFEE

C ON C E P T E L EVATI O N

Warren Theatre’s 150K SF Luxury Movie Complex

150-acre Master Plan

PARK AT ADAMS CREEK

S H O P S AT BROKEN ARROW >> REGIONAL POWER CENTER

Phase I of this 400,000 sf regional power center is located along the Broken Arrow Expressway (SH-51). With retailers like Target, Marshalls and PetSmart, The Shops at Broken Arrow will be a destination for area shoppers from Tulsa and surrounding communities. NOW OPEN: Target • Marshalls • Rue21 • Olive Garden PetSmart • Famous Footwear • Maurices • AT&T GNC • Slim Chickens • Cherry Berry • Applebee’s Panda Express • Beautiful Nails • Cinemark Dick’s Sporting Goods • Sprint • Verizon • Five Guys Burgers and Fries

BROKEN ARROW, OKLAHOMA

BrokenArrowRetail.com | 918.893.2113

S TAT I S T I C S

DEMOGRAPHICS 2023 Projection 2018 Population 2018 Median Household Income Source: STI PopStats

TRAFFIC COUNTS (VPD) Lynn Ln (at Hillside Drive) Hillside Drive (at Lynn Ln) Broken Arrow Expressway (at Lynn)

shops 5 MINUTE DRIVE TIME

10 MINUTE DRIVE TIME

15 MINUTE DRIVE TIME

23,534 21,429 $58,365

92,847 85,182 $65,550

216,633 203,158 $61,831

at Broken Arrow N - 17,099 S - 22,644 W - 3,799 E - 6,001 Over 70,000 cars per day

T H E PA R K AT A DA M S C R E E K >> POWER CENTER

This 220-acre master planned commercial development is in the heart of retail activity in Broken Arrow, just east of the Target-anchored Shops at Broken Arrow. It’s located just north of the Broken Arrow Expressway (SH-51), the main highway between Broken Arrow and Tulsa. NOW OPEN: Lowe’s • Cinemark • Santa Fe Cattle Company Buffalo Wild Wings • Chili’s • IHOP • Pizza Hut

BROKEN ARROW, OKLAHOMA

BrokenArrowRetail.com | 918.893.2113

S TAT I S T I C S

DEMOGRAPHICS 2023 Projection 2018 Population 2017 Median Household Income Source: STI PopStats

TRAFFIC COUNTS (VPD) 193rd E Ave (at Kenosha) Kenosha St (at 193rd)

the

park

5 MINUTE DRIVE TIME

10 MINUTE DRIVE TIME

15 MINUTE DRIVE TIME

21,877 20,123 $57,291

81,126 73,887 $66,328

174,385 161,354 $64,001

adams creek

N - 19,863 W - 27,969

S - 12,365 E - 19,533*

HILLSIDE CROSSINGS

These two sites offer prime real estate and great visibility in a thriving and growing retail area. Directly east of these developments are The Shops at Broken Arrow, anchored by Target. To the west is Oklahomaâ&#x20AC;&#x2122;s largest Bass Pro Shops. Hillside Drive, which connects these major retail centers, was completed in June of 2014. This power center is in close proximity to the Broken Arrow High School football stadium (largest high school in the state, and now an open campus) with great access to the Broken Arrow Expressway, which is the major expressway between Broken Arrow and Tulsa.

BROKEN ARROW, OKLAHOMA

BrokenArrowRetail.com | 918.893.2113

hillside

S TAT I S T I C S

DEMOGRAPHICS 2023 Projection 2018 Population 2018 Median Household Income Source: STI PopStats

TRAFFIC COUNTS (VPD) Lynn Ln (at Hillside Drive) Hillside Drive (at Lynn Ln) Broken Arrow Expressway (at Lynn)

5 MINUTE DRIVE TIME

10 MINUTE DRIVE TIME

15 MINUTE DRIVE TIME

24,241 22,193 $57,348

80,935 74,011 $66,015

188,466 175,074 $62,986

crossings N - 17,099 S - 22,644 W - 3,799 E - 6,001 Over 90,000 cars per day

EAST KENOSHA MA R K E T

Located with frontage along both the Broken Arrow Expressway and 71st Street, this site has excellent visibility and traffic counts that would serve any retail tenant well. With enough space to accommodate a large-scale mixedused retail development, this site is ripe for a regional shopping center to serve the Tulsa Metro area.

BROKEN ARROW, OKLAHOMA

BrokenArrowRetail.com | 918.893.2113

S TAT I S T I C S

DEMOGRAPHICS 2023 Projection 2018 Population 2018 Median Household Income Source: STI PopStats

TRAFFIC COUNTS (VPD) 193rd E Ave (at Kenosha) Kenosha St (at 193rd)

east kenosha 5 MINUTE DRIVE TIME

10 MINUTE DRIVE TIME

15 MINUTE DRIVE TIME

21,877 20,123 $57,291

81,126 73,887 $66,328

174,385 161,354 $64,001

market N - 19,863 W - 27,969

S - 12,365 E - 19,533*

THE ROSE DISTRIC T >> A R TS & E N T E R TA I N M E N T

The “Rose District” is upscale living and “arts & entertainment” venues that is a 24/7 district for shopping, dining, and entertainment. Already home to several exciting restaurants and boutiques, a Plaza that will soon be home to an interactive fountain, and a 1,500 seat Performing Arts Center, this district is primed for specialty restaurants and unique retail. What started with a $5MM streetscape renovation and branding & marketing initiative is now poised to begin an additional 3 block renovation and a $1 million interactive fountain. To date, we have seen over $60MM in private investment and over 40 new businesses as a result. We encourage you to become a part of this new vision for Broken Arrow’s Rose District.

BROKEN ARROW, OKLAHOMA

BrokenArrowRetail.com | 918.893.2113

71S T & G A R N E T T >> HIGH TRAFFIC AREA

BROKEN ARROW, OKLAHOMA

Located at the intersection of two major streets and ½ mile from Highway 169, this corridor provides outstanding access to one of the regions retail hubs. The 15.8 acre tract is large enough to accommodate big box users, junior anchors, office users and restaurant pad sites. Designated in the Broken Arrow Comprehensive Plan as “Level 4 – Commercial/Employment Nodes” the tract has been identified by the City as a high sales tax generating parcel. The hotel-front pad sites are prime for retailers wishing to take advantage of an ever-changing traveler daytime population. Dense surrounding residential populations make instant consumers for uses located within the area.

BrokenArrowRetail.com | 918.893.2113

S TAT I S T I C S

DEMOGRAPHICS 2023 Projection 2018 Population 2018 Median Household Income Source: STI PopStats

TRAFFIC COUNTS (VPD) Garnett (at Kenosha) Kenosha St (at Garnett)

71st & 5 MINUTE DRIVE TIME

10 MINUTE DRIVE TIME

15 MINUTE DRIVE TIME

33,263 31,549 $63,831

151,484 144,879 $63,594

307,214 294,951 $62,909

N - 17,358 W - 32,078

S - 14,850 E - 18,297

garnett

61S T & LY N N L A N E

Anchored by a Wal-mart Neighborhood Market, this intersection is conveniently located in the heart of Broken Arrowâ&#x20AC;&#x2122;s upscale housing developments. This location provides easy access to rooftops while still being convenient for highway access less than a mile south. Prime for a mixed-used development with neighborhood amenities, this is an excellent location for retailers looking to reach Broken Arrowâ&#x20AC;&#x2122;s high-end clientele.

BROKEN ARROW, OKLAHOMA

BrokenArrowRetail.com | 918.893.2113

S TAT I S T I C S

DEMOGRAPHICS 2022 Projection 2018 Population 2018 Median Household Income Source: STI PopStats

TRAFFIC COUNTS (VPD) Lynn Ln (at Albany) Albany St (at Lynn Ln)

61st 5 MINUTE DRIVE TIME

10 MINUTE DRIVE TIME

15 MINUTE DRIVE TIME

20,336 18,527 $60,766

72,766 65,936 $65,559

162,235 149,900 $63,906

N - 15,962 W - 4,827

S - 17,099 E - 10,879

& Lynn Lane Tuscan Plaza Offices & Restaurant Pads

NORTHEAST C R O S S R OA D S >> C R O S S R OA D S A D VA N TAG E

BROKEN ARROW, OKLAHOMA

This 67-acre site in the new East Side Development District of Broken Arrow (a 3,000 acre commercial, residential and business development) is anchored by a new Walmart Supercenter. Northeast Crossroads is located at the intersection of East Kenosha Street and the Creek Turnpike. It is just north of the BA Expressway (SH-51) and Muskogee Turnpike intersection, providing quick and easy access to all points around the Tulsa Metro area. Pictured are nearly 500 prime acres along this up-and-coming retail corridor which serve the residents of north and east Broken Arrow, and draw from our primary and secondary trade areas. Home to a new neighborhood elementary school, opened in 2017.

BrokenArrowRetail.com | 918.893.2113

northeast Crossroads

S TAT I S T I C S

DEMOGRAPHICS 2023 Projection 2018 Population 2018 Median Household Income

5 MINUTE DRIVE TIME

10 MINUTE DRIVE TIME

15 MINUTE DRIVE TIME

10,629 9,766 $64,595

47,839 43,449 $64,433

110,955 101,093 $67,508

N - 3,754 W - 19,098 4,784

S - 1,487 E - 17,981

Source: STI PopStats

TRAFFIC COUNTS (VPD) 209th E Ave (at Kenosha) Kenosha St (at 209th) Creek Turnpike (at New Orleans)

INDIVIDUAL PAGE

Broken Arrow, though closely tied to the Tulsa market, stands alone as a community with a huge spending potential for retail. This map shows the many retailers that have made the valuable decision to take advantage of the Broken Arrow market who are also located in Tulsa, including such major players as Walmart, Lowe’s, Target, Cinemark, and many other.

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At Hampton, it’s the extra care we put into everything that’s going to make your stay extra awesome. You’ll find it at our free hot breakfast. And you’ll see it in the personalities of our team members who use their individual styles of hospitality to make you feel extra special.

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KANSAS CITY

PANAMA CITY

WASHINGTON, D.C.

PUNE

THE WOODLANDS

$94,797

111,318

2,300

950K SF

60,141

Hotel/ Conference

Retail

Entertainment

ELM ST.

tai

Retail

Craft (55,00 S.F.)

240-unit upscale apartment community

Pets

Grocery (62,700 S.F.)

Retail

W. TUCSON ST.

For Leasing Contact: Brody Farris Vice President – Retail Division bfarris@signorellicompany.com 713.452.1740

Cody Mosley Executive Director, Community and Retail Development Broken Arrow Economic Development Corporation O 918.893.2113 • F 918.251.1777 cody.mosley@bachamber.com

Norman Stephens Economic Development Coordinator City of Broken Arrow 918.259.2410 nstephens@brokenarrowok.gov