ASPEN PLACE AT THE SAWMILL - Red Development LLC

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Aspen Placeat the SawmillAspen Placeat the SawmillDEMOGRAPHICS3 mile 5 miles 10 miles2018 Population 51,249 67,823 81,9232013 Population 50,117 66,691 80,277Projected Growth 2.26% 1.70% 2.05%Daytime Population 36,290 44,506 47,446Bachelor's Degree + 38.73% 40.69% 39.24%# of Households 16,900 23,249 28,290Incomes $75,000 + 21.67% 26.17% 27.23%Avg HH Income $50,713 $55,883 $57,491Med HH Income $38,023 $42,772 $44,735Housing Value $237,629 $248,919 $245,340Own Occ Units 6,991 11,073 15,065Source: 2012 Claritas Inc. All rights reservedNorthLONE TREE ROADBUTLER AVENUEVEHICLE TRAFFIC COUNTSMilton Road35,100 (CPD)Butler Road31,200 (CPD)Lone Tree Road 11,900 (CPD)SAWMILL SAWMILL ROAD ROAD
M A R K E TI N F O R M A T I O NTop 10 Major EmployersEmployer# of EmployeesNorthern Arizona University 2,487Flagstaff Medical Center 2,200W.L. Gore 1,950Flagstaff Unified School District 1,555Coconino County Community College 1,200City of Flagstaff 708Wal-Mart 570Walgreen Distribution Center 420Dell/Perot System 300SCA Tissue 255EducationPublic School DistrictResidentialTourism/Major Hotels# of StudentsFlagstaff Unified School District 11,546Chinle Unified School District 3,806Page Unified School District 3,036Window Rock School District 2,620Winslow Unified School District 2,452Colleges/Universities# of StudentsNorthern Arizona University 17,760Coconino County Community College 3,400Housing DevelopmentSizeForest Highlands 950University Heights 913Southside 700The Grove (student housing)580 (beds)Pine Canyon 566Boulder Pointe 476Woodlands Village 277Pine Knoll 250Bow & Arrow Acres 252Cherry Hill 200West Village 200Sawmill Luxury Apartments 200HotelLittle America 247Radisson Woodlands 183Courtyard by Marriott 164Drury Inn & Suites 158Embassy Suites 119Residence Inn – Marriott 92Hotel Monte Vista 50# of RoomsArea EventsEvent# of AttendeesGrand Canyon5 millionMeteor Crater 200,000Lowell Observatory 70,000AZ Snowbowl Ski Resort 68,000AZ Cardinals NFL Training Camp 38,000Entertainment and Cultural Venues/Sports/ConventionsVenue# of AttendeesNorthern Arizona University 70,000Orpheum Theater 60,000Pepsi Amphitheater at Fort Tuthill 50,000Heritage Square 40,500Coconino Center for the Arts 35,000Market HighlightsFlagstaff is the regional shopping destination for NorthernArizona. The city’s retailers serve a trade area extendingnorth nearly 150 miles to the Arizona/Utah border, 100 mileseast to Holbrook, 150 miles west to Kingman and 55 milessouth to include Sedona and Camp Verde.The retail trade area’s population is made up of 200,000people and nearly 72,000 households.The Flagstaff MSA has 134,500 people and 47,600households.Tourism is a major economic engine for Flagstaff – 4 millionvisitors generate an economic impact of $500 millionannually.Flagstaff is also the hub for northern Arizona tourism andthe gateway to the Grand Canyon, attracting 5 millionvisitors annually, and seven historic national, state andregional parks.The Flagstaff economy includes a significant collegestudent population (21,160) and second home ownerpopulation (4,800).As the largest community in northern Arizona, Flagstaffoffers a strong employment base – a balanced mix of wellestablishedcorporations and institutions and emergingentrepreneurs.Flagstaff is the hub of technological advancement innorthern Arizona, with a focus on biosciences, medicaldevices and renewable energy.
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ASPEN PLACE AT THE SAWMILL - Red Development LLC

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