now leasing for nov. 1, 2017 grand opening · beach is known as the home of gulfstream park (horse...

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South Florida’s newest and hottest retail, restaurant, and entertainment location in Hallandale Beach; just north of Miami’s Aventura area, minutes south of Fort Lauderdale-Hollywood International Airport Now Leasing for Nov. 1, 2017 Grand Opening The Village at Atlantic Shores mixed-use com- plex will offer residential, office and commer- cial retail located at the southwest quadrant of North Federal Highway (US 1) and Atlantic Shores Boulevard in Hallandale Beach, Florida. Atlantic Village At A Glance: •Storefront exposure on US1 •High traffic counts of more than 44,000 vehicles per day on N. Federal Hwy (US1) •Strategically situated in the center of Hallandale Beach, half-mile from the Diplomat Golf Resort & Spa, next to the Mardi Gras Casino. •Two miles from the ocean •Seasonal residents, tourists complement full time residents •New construction completion – Nov. 2017 •31,174 sf of retail, restaurants and offices •14,452 sf of retail and restaurants ground floor •16,722 sf of office and second floor two-level restaurants •106 parking spaces ATLANTIC VILLAGE MIAMI

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Page 1: Now Leasing for Nov. 1, 2017 Grand Opening · Beach is known as the home of Gulfstream Park (horse racing and casino) and Mardi Gras Casino, a greyhound racing track, which hosts

South Florida’s newest and hottest retail, restaurant, and entertainment location in Hallandale Beach; just north of Miami’s Aventura area, minutes south of Fort Lauderdale-Hollywood International Airport

Now Leasing for Nov. 1, 2017 Grand Opening

The Village at Atlantic Shores mixed-use com-plex will offer residential, office and commer-cial retail located at the southwest quadrant of North Federal Highway (US 1) and Atlantic Shores Boulevard in Hallandale Beach, Florida.

Atlantic Village At A Glance:•Storefront exposure on US1 •High traffic counts of more than 44,000 vehicles per day on N. Federal Hwy (US1)•Strategically situated in the center of Hallandale Beach, half-mile from the Diplomat Golf Resort & Spa, next to the Mardi Gras Casino.•Two miles from the ocean•Seasonal residents, tourists complement full time residents•New construction completion – Nov. 2017•31,174 sf of retail, restaurants and offices•14,452 sf of retail and restaurants ground floor•16,722 sf of office and second floor two-level restaurants•106 parking spaces

ATLANTIC VILLAGE MIAMI

Page 2: Now Leasing for Nov. 1, 2017 Grand Opening · Beach is known as the home of Gulfstream Park (horse racing and casino) and Mardi Gras Casino, a greyhound racing track, which hosts

The Village at Atlantic Shoresis a two-phase project. The first phase consists of Atlantic Village, which encompasses retail and restaurants on the ground floor and second-level offices and retail. The first phase will open in November 2017. The adjacent Phase 2 of The Village at Atlantic Shores, just across the access road From Atlantic Village will include a residential tower planned for completion in 2018.

Atlantic Village (Phase I) features elevators and stairs for vertical transportation between the retail and parking and the second-level offices.

Two-level restaurants and other anchors will have their own set of vertical transportation within their leased premises for the convenience of customers and logistics of service staff.

Two-level anchors will have excellent frontage exposure on US 1 (44,000 vehicles per day)as well as to the interior facing parking lot.

ATLANTIC VILLAGE MIAMI

SECOND FLOOR

SOUTH FLORIDA URBAN RETAIL

GROUND FLOOR

Page 3: Now Leasing for Nov. 1, 2017 Grand Opening · Beach is known as the home of Gulfstream Park (horse racing and casino) and Mardi Gras Casino, a greyhound racing track, which hosts

ATLANTIC VILLAGE MIAMIATLANTIC VILLAGE MIAMI

FIRSTPHASEOPENING NOV. 2017

SECONDPHASE2018 est.

PHASE 1

PHASE 2

PHASE 1NOV. 2017

Open Mon - Thu until 3amOpen Fri, Sat, Sun 24 hours

Page 4: Now Leasing for Nov. 1, 2017 Grand Opening · Beach is known as the home of Gulfstream Park (horse racing and casino) and Mardi Gras Casino, a greyhound racing track, which hosts

ATLANTIC VILLAGE MIAMI

Total Population1,807,083 Half an Hour drive

Millennials (15-24)12.23%

Generation X (25-44)26.18%

Baby Boomers (45-74)37.03%

Silent Generation (75-84)4.73%

G.I. Generation ( 85)2.54%

Generation Z ( 14)17.3%

Total Population by Age

Household IncomeBroward County

$15,000

$15,000 - $24,999

$25,000 - $34,999

$35,000 - $49,999

$50,000 - $74,999

$75,000 - $99,000

$100,000 - $149,999

$150,000

Average HH Income$73,897 Broward County

Atlantic Village Broward County, Fla.ESRI ( 2015 )

Total Population by Race

Median Age 40.7

White

Black

Latin

Am. Ind.

Asian

Paci�c

Other

Two +

60.55%

0.318%

3.48% 0.06%

4.11%

3.26%

: 10%

28.21% 28.46%

12.74%

11.23%

9.45%

13.77%

18.45%

11.78%

12.11%

9.97%

12.74 %

11.23 %

9.45 %

13.77 %18.45 %

11.78 %

12.11 %

9.97 %

( Hispanic any race )

Page 5: Now Leasing for Nov. 1, 2017 Grand Opening · Beach is known as the home of Gulfstream Park (horse racing and casino) and Mardi Gras Casino, a greyhound racing track, which hosts

ATLANTIC VILLAGE MIAMI ATLANTIC VILLAGE MIAMI

Total Population156,194 Within 3-Miles

Millennials (15-24)9.66%

Generation X (25-44)25.37%

Baby Boomers (45-74)39.61%

Silent Generation (75-84)6.78%

G.I. Generation ( 85)3.72%

Generation Z ( 14)14.87%

Total Population by Age

Household IncomeWithin 3-Miles

Average Income$63,706 Within 3-Miles

Atlantic Village 3-Mile DemographicsESRI (2015)

Surrounding Traffic CountsVehicles Per Day

N. Federal Hwy (US1) 44,000 VPD

Total Population by Race

Median Age 45.1

White

Black

Latin

Am. Ind.

Asian

Pacific

Other

Two+

73.34%

0.28%1.79%0.05%3.63%3.02%

: 10%

17.89%34.43 % (Hispanic any race)

$15,000

$15,000 - $24,999

$25,000 - $34,999

$35,000 - $49,999

$50,000 - $74,999

$75,000 - $99,000

$100,000 - $149,999

$150,000

16.23%

14.09%

12.42%

14.76%

16.44%

9.70%

8.52%

7.8%

16.23 %

14.09 %

12.42 %

14.76 %16.44 %

9.70 %

8.52 %

7.8 %

Adjacent to Mardi Gras CasinoOpen until 3 AM (Mon - Thu)Open 24 hours (Fri - Sun)

Page 6: Now Leasing for Nov. 1, 2017 Grand Opening · Beach is known as the home of Gulfstream Park (horse racing and casino) and Mardi Gras Casino, a greyhound racing track, which hosts

Strong Absorption Pushed Florida Statewide RETAIL VACANCYDOWN TO 6.5% in 2015 Fourth Qtr. per CBRE

Summary Statistics Q4 2015 Regional Retail Markets Palm Beach Broward Miami-DadeVacancy Rate 5.6% 6.3% 3.2% Net Absorption (Thousand Square Feet) 209.9 393.0 282.5 New Construction (Thousand Square Feet ) 77.5 348.5 217.9Under Construction (Thousand Square Feet) 209.8 440.0 1,692.8

South Florida:35 million visitors annually and

5.9 million residents

Broward County:14 million visitors annually and

1.8 million residents

ATLANTIC VILLAGE MIAMI

Vibrant retail market

Page 7: Now Leasing for Nov. 1, 2017 Grand Opening · Beach is known as the home of Gulfstream Park (horse racing and casino) and Mardi Gras Casino, a greyhound racing track, which hosts

ATLANTIC VILLAGE MIAMI

HALLANDALE BEACH DEVELOPMENT

Major development projects are underway in Hallandale Beach mi-nutes away from The Village at At-lantic Shores including multifamily residential, high-rise hotels, office buildings, commercial and medi-cal buildings, a retail plaza, a new fire station and emergency opera-tions center, and the expansion of Bluesten Park, a 6-acre facility that consists of a community center, mu-nicipal pool, tennis courts, racquet-ball courts, outdoor basketball courts, volleyball courts and outdoor athle-tic fields. In addition, retail stores, speculative office spaces and otherminor development projects are being planned in the shadows of the larger ones.

ATLANTIC VILLAGE MIAMI

Page 8: Now Leasing for Nov. 1, 2017 Grand Opening · Beach is known as the home of Gulfstream Park (horse racing and casino) and Mardi Gras Casino, a greyhound racing track, which hosts

ATLANTIC VILLAGE MIAMI

THE CITY OF HALLANDALE BEACH, FLORIDA

The Hollywood-Hallandale Beach area enjoys a central location situated between Greater Down-town Miami to the south and Downtown Fort Lauderdale and Beach to the north. The develop-ment boom in condominium residences is occurring in Hallandale Beach. The City of Hallandale Beach is known as the home of Gulfstream Park (horse racing and casino) and Mardi Gras Casino, a greyhound racing track, which hosts the World Classic and borders Atlantic Village. Hallandale Beach also has a sizable financial district with several banks and brokerage houses. Due to the large number of tourists who eventually retire in the city, Hallandale Beach has one of the fastest-growing populations in Broward County and in Metro Miami. Unemployment rate is low at 5.9% (as of 2015).

LEASING CONTACT

We have retail spaces for the right restaurant or retail store available for lease with superb storefronts on North Federal Highway (US1). Second floor office space available. Retail brokers and agents are welcome. For available retail space, contact:

Atlantic VillageAttention: Leasing Dept. 701 W. Hallandale Blvd., #109Hallandale Beach, FL 33009(954) [email protected]