EDINA, MN - Simon Property Group
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EDINA’S NEW CITY CENTER Simon has reimagined Southdale Center in a multimillion-dollar transformation. World-class shopping, entertainment, sports amenities, residences, and a hotel redefine a 360˚ destination that epitomizes luxury. 1
INTRODUCING LIFE TIME A diamond-level, 170K SF facility offering a signature athletic club, rooftop beach club, spa, and café. 4K Visitors Daily $190 Individual Monthly Membership $369 Family Monthly Membership 2
AMERICA’S FAVORITE STORES More than 100 coveted brands are showcased in a beautifully redesigned 1.2M+ SF setting. 5
DRYBAR 10
BON APPETIT Popular restaurants, casual dining, and for those who cook, a local gourmet supermarket. 11
SHAKE SHACK 12
THE CHEESECAKE FACTORY 13
P.F. CHANG’S 14
RUSTICA BAKERY & CAFE 15
PEOPLES ORGANIC 16
KOWALSKI’S MARKET Iconic specialty grocery known for European village design and continental shopping experience 17
LIVE ONE SOUTHDALE PLACE Elegant on-site luxury residences with amenities including outdoor pool, sundeck, rooftop lounge, fitness center, putting green, and private parking garage. 295 Apartments 100% Leased STAY HOMEWOOD SUITES BY HILTON The on-site place to stay in Southdale Center’s trade area offers an indoor swimming pool, meeting rooms, business center, fitness center, and more. 146 guest rooms Free parking 18
SOUTHDALE CENTER DELIVERS MINNEAPOLIS 19
WEALTHY SURROUNDINGS EDINA IS THE MOST AFFLUENT CITY IN MINNESOTA Eighteen Fortune 500 companies are located in the Minneapolis-St. Paul metro area; 12 of which are in Southdale Center’s trade area, including Target, U.S. Bancorp, and General Mills. 2 OF THE WEALTHIEST ZIP CODES IN AMERICA ARE IN MINNESOTA:* – 55424: Edina and St. Louis Park – 55391: Wayzata WITHIN 55424 ZIP CODE: – $228K+ AHHI – $876K Median Home Value 23K HH IN EDINA – 3K+ HH earn $200K+ – 7K+ HH earn $150K+ Source: SPG Research * 2018 Bloomberg Business list of the 200 Wealthiest Zip Codes in the country. 20
SPECTACULAR NEIGHBORHOODS Southdale Center serves an established, affluent, and densely populated area of Minneapolis that includes Edina, Bloomington, St. Louis Park, Harriet, and Lake Calhoun. Some of Minnesota’s most expensive real estate is located in the trade area, with 14K homes worth more than $1M. LUXURY CONDOMINIUMS Four residential towers stand within walking distance of the center, with four more approved, and two proposed for future development. – Aria Edina up to $4,225 – 71 France up to $4,365 – Onyx Edina up to $4,539 – The Durham up to $3,095 RECENTLY OPENED The Millennium at Southdale, a world-class luxury rental residence, features 227 apartments and extraordinary amenities. Source: SPG Research 21
THE SOPHISTICATED SHOPPER 908K Trade area population $228K+ AHHI in Edina 73.3% White collar workers 69% Has a bachelor’s degree or higher Source: SPG Research; trade area demographic information per STI: PopStats (2020). 22
TRADE AREA AND SURROUNDING CENTERS Columbus Otsego Annandale Ramsey Andover Ham Lake Forest Lake Scandia ALBERTVILLE PREMIUM Albertville Dayton OUTLETS Maple Lake Anoka St Michael Marine on St Croix Rogers Hugo Champlin Buffalo Lino Lakes 94 Coon Rapids Blaine 35W Hanover Centerville Lexington NORTHTOWN MALL 35E Somerset Osseo Spring Lake Park Greenfield Corcoran Maple Grove Brooklyn Park North Oaks Dellwood Rockford THE SHOPPES AT ARBOR LAKES Fridley Shoreview Grant Montrose Howard Lake Waverly 694 New Brighton Houlton Brooklyn Center Loretto Vadnais Heights White Bear Lake Stillwater Hilltop St Anthony Delano Medina 494 New Hope Minneapolis MAPLEWOOD Pine Springs MALLOak Park Heights Independence Plymouth Robbinsdale Little Canada North St Paul Bayport Maple Plain ROSEDALE CENTER Medicine Lake 694 North Hudson Lauderdale Lake Elmo Long Lake Falcon Heights 394 Oakdale Winsted Watertown RIDGEDALE CENTER Wayzata SHOPS AT WEST END Hudson 94 Orono Lakeland Woodland Landfall St Louis Park St Paul WOODBURY LAKES Lakeland Shores Minnetrista Mound Minnetonka Beach Minnetonka 35W Deephaven Hopkins West St Paul Lake St Croix Beach Tonka Bay Greenwood Afton St Marys Point St Bonifacius Lilydale Woodbury Excelsior SOUTHDALE CENTER Edina New Germany Mayer Mendota Lester Prairie TRADE AREA BOUNDARY South St Paul River Falls GALLERIA Richfield Sunfish Lake Newport Victoria Chanhassen 494 EDEN PRAIRIE CENTER MALL OF AMERICA Waconia Eden Prairie Inver Grove Heights St Paul Park Bloomington Chaska 35E Eagan TWIN CITIES PREMIUM OUTLETS Plato Norwood Young America Cologne Burnsville Cottage Grove Glencoe Shakopee Carver Savage Hastings Prescott Apple Valley Rosemount BURNSVILLE CENTER Hamburg Prior Lake Coates Green Isle Lakeville Vermillion Jordan 35 Farmington Diamond Bluff N 0 10 Belle Plaine Arlington Hampton MILES New Trier Miesville SIMON CENTERS OTHER CENTERS Elko New Market 23 New Prague Henderson Randolph
AERIAL VIEW SR 62 / CR OS ST OW NH WY . RH GALLERY FRANCE AVE. S. SHAKE SHACK DAVE & BUSTERS (LEVEL III) MACY'S AMC MUNSON’S POTATO SHACK THEATRES (COMING SOON) QDOBA MEXICAN GRILL THE CHEESECAKE FACTORY RUSTICA BAKERY W. DRYBAR 66 YUMI’S SUSHI TH LUXURY WING ST . LIFE TIME SPORT & WORK THE WESTIN (225 GUEST ROOMS KOWALSKI’S MARKET & CONDOS) (COMING SOON) LIFE TIME SOUTHDALE CENTER . ST HOMEWOOD H 9T SUITES .6 W ONE SOUTHDALE PLACE (232 LUXURY APARTMENTS) YORK AVE. S. N 24
LEVEL UP AT SOUTHDALE CENTER Make your next move with an unprecedented opportunity. For leasing information, please contact: John Arcangelo john.arcangelo@simon.com (317) 263-2311 25
ONLY SIMON Simon is a global real estate powerhouse. As the world’s premier innovator in the retail ROOSEVELT FIELD ® destination marketplace, we regard our 250+ iconic properties as long-term investments, and transform them into 360˚ communities of the future. Our best-in-class teams lead the industry in performance, enhancing experiences for our customers and partners, and elevating incremental traffic and sales. Simon is the brand behind the world’s finest brands. Partner with us. WOODBURY COMMON PREMIUM OUTLETS ® SAWGRASS MILLS ® 26
business.simon.com Simon Property Group 225 West Washington Street, Indianapolis, IN 46204 (317) 636-1600 Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG). 03/2022
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