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TownGate Promenade - City of Moreno Valley

TownGate Promenade - City of Moreno Valley

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12550-12700 Day StreetMORENO VALLEY, CA232,210 SFCommunity Shopping Center<strong>TownGate</strong> <strong>Promenade</strong> is a 232,210square foot, shopping center located inthe <strong>City</strong> <strong>of</strong> <strong>Moreno</strong> <strong>Valley</strong> in RiversideCounty. Part <strong>of</strong> a 590-acre mixed use,master planned community- <strong>TownGate</strong><strong>Promenade</strong> is the western gateway tothe <strong>City</strong> <strong>of</strong> <strong>Moreno</strong> <strong>Valley</strong>, one <strong>of</strong> thefastest growing cities in California.Anchored by a newly remodeledCostco, <strong>TownGate</strong> <strong>Promenade</strong> is alsohome to a “Restaurant Row” featuringa Mimi’s Café, Applebee’s, PandaExpress, Baker’s Burger’s and in thefuture, a Famous Dave’s barbeque.In addition, <strong>TownGate</strong> <strong>Promenade</strong> als<strong>of</strong>eatures two newly opened, businessstyle hotels. Hampton Inn and Suites,with 115 rooms, features a modernstyle with meeting rooms and a continentalbuffet area. Ayres Hotel, with127 rooms, highlights a unique sense<strong>of</strong> elegance and comfort and has one<strong>of</strong> the few full service spas in <strong>Moreno</strong><strong>Valley</strong>. Both hotels have a pool, meetingrooms, and state <strong>of</strong> the art fitnesscenters..Multiple Anchor Tenant and retail shopspaces are planned in phase two <strong>of</strong><strong>TownGate</strong> <strong>Promenade</strong> and are nowavailable for lease commitments.A Development <strong>of</strong>Demographic Pr<strong>of</strong>ile 2011 EstimatePopulation 3 Mile 5 Mile2011 Estimate 115,732 278,2512016 Projection 118,541 286,263Households2011 Estimate 28.901 70,0262016 Projection 32,955 79,763Average Size 3.48 3.43Average Income $64,953 $71,695Median Age 29.72 30.31Pr<strong>of</strong>essional Employment Base 58.59% 61.41%College Experience 55.60% 59.42%Source: Claritas SiteReportsVicinity MapMAP NOT TO SCALE3425 Via Lido Plaza, Suite 250, Newport Beach, CA 92663 • Phone: 949-723-7100 • Fax: 949-723-1141www.FritzDuda.com


SITE PLANFutureRestaurantJTOWNGATECROSSINGFutureRestaurantH<strong>TownGate</strong><strong>Promenade</strong>Major RetailersCostcoMimi’s CaféApplebee’sPanda ExpressBaker’s BurgersFamous Dave’sHampton Inn & SuitesAyres HotelE8,100 SFD7,000 SFFutureRestaurantFFutureGFutureRetailIFutureRetailKFutureRetailLFutureRetailMFutureRetailNFutureRetailOMORENOVALLEYMALLP115 ROOMSLocated on Day Street andCampus Parkway at thewestern entrance to the<strong>Moreno</strong> <strong>Valley</strong> Mall, Town-Gate <strong>Promenade</strong> is positionedto serve the retailingneeds <strong>of</strong> <strong>Moreno</strong> <strong>Valley</strong>,Perris, Sun <strong>City</strong>, Hemet,Banning, Beaumont and theEastern Riverside communities;Box Springs, CanyonCrest, Orange Crest andMission Grove.C2,448 SFB3,500 SFA144,378 SFQ127 ROOMSA Development <strong>of</strong>TOWNGATESQUARE3425 Via Lido Plaza, Suite 250, Newport Beach, CA 92663 • Phone: 949-723-7100 • Fax: 949-723-1141 www.FritzDuda.com

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