Village of Merrick Park
Village of Merrick Park
Village of Merrick Park
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<strong>Village</strong> <strong>of</strong> <strong>Merrick</strong> <strong>Park</strong>Coral Gables, Florida110 NORTH WACKER DRIVE CHICAGO, IL 60606 312 960 5000
THE MERCHANDISING• World renowned luxury retailers, including Gucci, Burberry,CH Carolina Herrera, Diane von Furstenberg, Jimmy Chooand Tiffany & Co. complement the fashion anchors.• Neiman Marcus and Nordstrom maintain flagship stores.These stores are both the largest for their respective chainsin Florida.• Popular brands such as J.Crew, Athleta, Banana Republic,Ann Taylor, Anthropologie, White House|Black Market andPottery Barn help round out the merchant mix.• A variety <strong>of</strong> dining options include Yard House, Villagio, SAWARestaurant and Lounge, CRAVE, Mariposa at Neiman Marcusand Nordstrom Café Bistro.• Featuring fine shopping, dining, <strong>of</strong>fices and residences,<strong>Village</strong> <strong>of</strong> <strong>Merrick</strong> <strong>Park</strong> caters to a clientele that appreciatesstyle and substance and can afford the best. It is a magnetfor both residents and visitors.• Top categories include family and women’s apparel, jewelryand home furnishings.The Location• <strong>Village</strong> <strong>of</strong> <strong>Merrick</strong> <strong>Park</strong> is located in the heart <strong>of</strong> Coral Gables.This South Florida city is one <strong>of</strong> the nation’s most affluentcommunities, with a greater percentage <strong>of</strong> young millionairehouseholds under the age <strong>of</strong> 45 than any other communityin the U.S.• A strong zoning code protects the city’s elegance, earningCoral Gables the moniker, “City Beautiful.”• Coral Gables is a major commercial hub, with 10.8 millionsquare feet <strong>of</strong> <strong>of</strong>fice space and more than 1,600 hotel rooms.The trade area• Sustained growth in international commerce has transformedMiami into a cosmopolitan urban center that attracts 7.1million international visitors annually. This international marketis led by Brazil, Canada, Argentina, Colombia and Venezuelawith a total increase <strong>of</strong> international visitors up 4.4% in 2013.• <strong>Village</strong> <strong>of</strong> <strong>Merrick</strong> <strong>Park</strong>’s trade area is home to 969,950residents in 355,681 households.• Luxury residences on Brickell Avenue and Key Biscayne aswell as in Coconut Grove provide seasonal housing forLatin American business leaders who spend lavishly onluxury retail goods.• Affluent South Miami residents are younger than their NorthMiami counterparts, have growing families, live in magnificenthomes and maintain strong ties to the community’s culturaland philanthropic organizations.MALL InformationLocation: 358 San Lorenzo Avenue, Coral GablesMarket: MiamiDescription: Open-air luxury retail center in mixed-use environmentAnchors: Neiman Marcus, NordstromTotal Retail Square Footage: 731,002<strong>Park</strong>ing Spaces: 3,800Opened: 2002Trade Area Pr<strong>of</strong>ile2013 Population 969,9502018 Projected Population 1,024,3502013 Households 355,6812018 Projected Households 376,7362013 Median Age 40.72013 Average Household Income $69,1352018 Projected Average Household Income $82,1655 - Mile Radius2013 Population 428,5782018 Projected Population 453,3162013 Households 167,0962018 Projected Households 177,3442013 Median Age 41.32013 Average Household Income $61,5402018 Projected Average Household Income $73,851Daytime Employment1 - Mile Radius 18,7063 - Mile Radius 109,069Source: Esri 2013The Future• Always on the brink <strong>of</strong> fashion, this retail venue will soonwelcome new additions to its fashion-forward repertoire,including kate spade new york and Boston Proper.110 NORTH WACKER DRIVE CHICAGO, IL 60606 312 960 5000© 2014
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