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THE VISION
THE VISION
6
THE LUXURY HUB OF BERGEN COUNTYBergen County is the most populous county in the state of New Jersey and one of its wealthiest. Fourteen of the top Fortune 500 businesses are headquartered or have major facilities in the county including LG Electronics, Becton Dickinson, Stryker, Mercedes-Benz USA, KPMG, CNBC and Samsung Electronics America. With its close proximity to Manhattan, multiple airports including Teterboro, Newark Liberty, Westchester, LaGuardia and JFK, an undeniable international appeal, a diversified population, and of course a lower sales tax than New York, the appeal of The Shops at Riverside is obvious.
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THE VISION
A TRANSFORMATIVE REDEVELOPMENTSimon is undertaking a multi-million dollar transformative redevelopment of The Shops at Riverside to offer a complete luxury shopping experience that will further establish the landmark property as the luxury hub in Bergen County and the entire region. 5+Design, an L.A. based architecture firm with offices in Dubai, Shanghai and Shenzhen, China, has been commissioned for the project. This award-winning, internationally renowned firm has created some of the world’s most iconic luxury shopping experiences.
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PROJECTS SHOWN:1. Linyi City Crossing, Linyi, China2. Shanghai Expo Axis, China3. Central Market, Abu Dhabi, UAE4. Del Amo Fashion Center, Torrance, CA
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2
43
5+ design
THE VISION
THREE DISTINCTIVE EXPERIENCESThe Shops at Riverside will have three unique and distinctive environments under one roof.
– Main-Level, Uber-luxury shopping known as The Collection at Riverside
– Second-Floor, Lifestyle, Home Furnishings and Contemporary Fashion
– Separate and distinct, Dining and Entertainment
This unique mix will create one exceptional shopping experience with tremendous appeal to the upscale shoppers who live in close proximity to The Shops at Riverside.
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WEALTHY SURROUNDINGS
80
95
Englewood
Haworth Demarest
Clifton
Hackensack
Westwood
CresskillAlpine
208
7 MILES
5 MILES
3 MILES
1 MILE
INCOME$100K–$149K$150K–$199K$200K+
HOUSEHOLDS33,08416,55318,368
% OF TOTAL19.49.710.8
INCOME$100K–$149K$150K–$199K$200K+
HOUSEHOLDS14,9207,1706,997
% OF TOTAL20.49.89.6
INCOME$100K–$149K$150K–$199K$200K+
HOUSEHOLDS1,305585951
% OF TOTAL19.78.914.4
INCOME$100K–$149K$150K–$199K$200K+
HOUSEHOLDS68,35032,46136,251
% OF TOTAL15.87.58.4
WEALTHY SURROUNDINGS
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TARGETED LUXURY MARKETLuxury, high-net-worth shoppers surround The Shops at Riverside in abundance. In addition to high-end, densely populated Bergen County, Manhattan shoppers attracted by convenience and lower sales tax are just a bridge away. The region is also a hub for international flights landing at Newark Liberty or private jets at Teterboro Airport which is only 4 miles away.
NOTHING COMPARESThe high density population of luxury shoppers is incomparable. Neither Manhasset, Short Hills nor Bal Harbour can match the total population, number of households or workplace employees that are within 5 miles of The Shops at Riverside.
WEALTHY SURROUNDINGS
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470,542Riverside
TOTALPOPULATION
TOTALHOUSEHOLDS
WORKPLACEEMPLOYEES
Manhasset
Short Hills
Bal Harbour
302,407
185,646
263,492
173,761
108,261
66,583
108,400
Riverside
Manhasset
Short Hills
Bal Harbour
252,728
208,915
152,622
86,768
Riverside
Manhasset
Short Hills
Bal Harbour
12,986Riverside
Manhasset
Short Hills
Bal Harbour
16,206
11,640
5,256$200K+HOUSEHOLDS
HERE COMES THE NEIGHBORHOOD
WEALTHY SURROUNDINGS
20
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LOCATION/ZIP AVG HH INC MED HOME PRICE
Alpine, NJ07620
$293,674 $864,4091
$734,094$211,259Demarest, NJ07627
2
$756,681$204,072Tenafly, NJ07670
3
$868,705$195,864Englewood Cliffs, NJ07632
4
$696,539$176,559Haworth, NJ07641
5
$552,954$152,941Cresskill, NJ07626
CRESSKILL
DEMAREST
ENGLEWOODCLIFFS
TENAFLY
ALPINEHAWORTH
9W
4
46
80
95
95
17
20
MILES
N
GARDEN STATEHIGHWAY
1
5
2
6
3
4
HUDSONRIVER
17
95
THE SHOPS AT RIVERSIDE
DYNAMIC DEMOGRAPHICS
WEALTHY SURROUNDINGS
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WEALTHY SURROUNDINGS
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935,332 — Current residents within the trade area.
$114,643 — Average household income within area.
144,049 — Homes earning over $100,000.
7,544 — Homes worth $1 million or more.
60,322 — Homes worth $750,000 or more.
436,513 — Daytime Employment within 3 miles: 125,571 — Daytime Employment within 5 miles: 252,728
286,304 — College graduates, 35.6% higher than the U.S. average.
913,080 — Daytime population in the trade area.
Data Source: PopStats Q4 2014
NORTHVALE
ORADELL
ESSEX FELLS RIDGEFIELD
CLIFTON
NORWOOD
EAST NEWARK
GUTTENBERG
SILVER LAKE
PROSPECT PARK
SINGAC
BOGOTA
FAIRVIEW
ROCKLEIGH
WALLINGTON
TETERBORO
HALEDON
CALDWELL
UNION CITY
PALISADES PARK
GLEN RIDGE
WEST NEW YORK
MAYWOOD
HARRISON
HASBROUCK HEIGHTS
MIDLAND PARK
LEONIA
BROOKDALE
MOONACHIE
RIVER EDGE
RIDGEFIELD PARK
DUMONT
RIVERDALE
HOBOKEN
HARRINGTON PARK
WALDWICK
BUTLER
GARFIELD LODI
WESTWOOD
NEW MILFORD
EMERSON
EDGEWATER
UPPER MONTCLAIR
PARK RIDGE
GLEN ROCK
NORTH ARLINGTON
ELMWOOD PARK
BERGENFIELD
FORT LEE
RUTHERFORD
HILLSDALE
NORTH CALDWELL
ALLENDALE
WOODLAND PARK
POMPTON LAKES
PASSAIC
CLOSTER
HAWTHORNE
NORTH HALEDON
ROSELAND
WOODCLIFF LAKE
EAST ORANGE
MONTVALE
EAST RUTHERFORD
TOTOWA
OLD TAPPAN
CARLSTADT
ENGLEWOOD
SADDLE RIVER
SHORT HILLS
FAIR LAWN
UPPER SADDLE RIVER
RAMSEY
RIDGEWOOD
SECAUCUS
LINCOLN PARK
PATERSON
OAKLAND
BLOOMINGDALE
WANAQUE
FRANKLIN LAKES
KEARNY
PARAMUS
JERSEY CITY
NEWARK
RINGWOOD
KASER
NEW SQUARE
SPARKILL
PIERMONT
HILLCREST
NYACK
SOUTH NYACK
SPRING VALLEY
SUFFERN
HILLBURN
MONSEY
SLOATSBURG
VIOLA
NEW HEMPSTEAD
BARDONIA
WEST NYACK
ORANGEBURG
WESLEY HILLS
CONGERS
MONTEBELLO
VALLEY COTTAGE
BLAUVELT
AIRMONT
CHESTNUT RIDGE
NANUET
PEARL RIVER
NEW CITY
50
MILES
MANHATTAN
NEW YORKNEW JERSEY
CRESSKILL
DEMARESTHAWORTH
ENGLEWOODCLIFFS
TENAFLY
ALPINE
HACKENSACK
N
9W
17
287
4
3
21
9W
287
80
280
95
95
202
GA
RDEN
STA
TE P
KW
Y.
THE SHOPS AT RIVERSIDE
THE SOPHISTICATED SHOPPER The Shops at Riverside enjoys a remarkable visitation frequency and trip expenditure, with 95% of all adults who enter the property spending money. These figures are particularly impressive among shoppers with household incomes of $200K and above.
In addition to the residential population, the trade area daytime population swells with the influx of government employees (The Bergen County Courts and Government are located in Hackensack), medical workers (Hackensack University Medical Center, Holy Name Medical Center, Englewood Hospital and all within 5 miles), and college students (Columbia, Saint Peters, NJIT, Rutgers, Seton Hall and more).
According to the US Census Bureau, Asian-Americans are the fastest-growing ethnicity in New Jersey. New Jersey’s “Gold Coast” (the stretch of waterfront running along the Hudson River opposite Manhattan) has vibrant Chinese, Japanese and Korean neighborhoods that continue to grow.
WEALTHY SURROUNDINGS
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95%Percentage of all adults who enter the property and spend money
20%Percentage of shoppers who have household income of $200,000 or more
3.5 Number of times the average shopper visits the property per month
$1,431.50Monthly average spent by shopper
80% Regularly shop luxury stores
$409Average amount spent per visit at the property
82minAverage amount of time spent at the property spending a total of $409 per visit
WEALTHY SURROUNDINGS
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THE COLLECTION AT RIVERSIDE
IN DISCUSSION
IN DISCUSSION
IN DISCUSSION
IN DISCUSSION
IN DISCUSSION
IN DISCUSSION IN DISCUSSION
IN DISCUSSION
IN DISCUSSION
IN DISCUSSION
IN DISCUSSION
IN DISCUSSION
THE COLLECTION AT RIVERSIDE
MERCHANDISING PLAN
MASTER PLAN
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OPEN
LUXURY CONCOURSE2-LEVEL SPACES
SEATING
PATIO SEA TING
BOTTEGAVENETA
PROPOSEDELEVATOR
MO
NC
LER
MA
RC J
AC
OBS
SAIN
T LA
URE
NT
MO
NTB
LAN
C
L'OCCITANE
SUNGLASSHUT
MR.CUPCAKE
SEPH
ORA
FEN
DI
CARTIER
VA
N C
LEEF
& A
RPEL
S
CELINE
HARRYWINSTON
CHRISTIANLOUBOUTIN
LA PERLA
VILLER OY& BOCH
MCM
DIO
R
LORO
PIA
NA
BRU
NEL
LOC
UC
INEL
LI
POTT
ERY
BARN
KID
S
TUM
I
TOD’S
JIM
MY
CH
OO
ERM
ENEG
ILD
OZ
EGN
A
PANERAI
CH
AN
EL
L
NEW 2-LEVELESCALATOR
VOID
TEAVANA
TASKALI
POTTERBARN K
SECOND LEVEL LUXURY
PROPOSED
MANAGEMENT OFFICE
RENOVATE:- REMOVE/RELOCATE 2ND LEVEL ESCALATORS- REMOVE/RELOCATE ELEVATOR
NEW LOUNGE/RECEPTION ROOM:- ENHANCE RESTROOMS- COAT & BAG CHECK- CAFE/ ESPRESSO
SECURITY
ELEVATOR
OPEN TO BELOWOPEN TOBELOW
PROPOSED SKYLIGHT
LUXURY CONCOURSE
CONFERENCE
ENTRY LOBBY
VEST
CENTER
RENOVATED
THE FOUNTAIN SPA
RESTROOMS
POTENTIAL2-LEVEL SPACE
POTENTIAL2-LEVEL SPACE
POTENTIAL
EXISTING SKYLIGHTS
2-LEVEL SPACE
OPEN TO BELOW
CAFE L'AMOUR
* EXISTING RETAILERS
BURBERRY*
BROOKS BROTHERS*
SALVATOREFERRAGAMO*
TIFF
AN
Y &
CO
.*
ROLEX*
HERMES*
OMEGA*
LOUISVUITTON*L.
K.
BEN
NET
T*
TO
RY B
URC
H*
BROOKS BROTHERSWOMEN*
ZILL
I*
THE COLLECTION AT RIVERSIDE
36
At the heart of the transformation will be The Collection at Riverside. Uniquely designed to feature the world’s best brands and cater to the discriminating luxury consumer, this new exclusive shopping experience will take luxury to the next level.
Concierge Service– Exclusive services to attend to every guest’s needs– Package Delivery– Personal Shopping– A concierge lounge with opulent seating– Exclusive valet parking
Stunning Aesthetics– Spectacular Porte-Cochere entry– All-new elliptical-style concourse– Soaring 15-18-foot storefronts– Dramatic 25-foot glass skylights– Natural stone flooring
Shopping Experience– Enhanced and upgraded parking garages– New exterior landscaping and lighting– Expanded parking with direct main floor access
TAKING LUXURY TO THE NEXT LEVEL
UNPRECEDENTED OPPORTUNITYThe Shops at Riverside presents a unique opportunity for your brand.Please contact the following leasing professionals for more information:
Vicki Hanor (212) 745-9633 [email protected]
Eric Sadi (212) 745-9602 [email protected]
Meghann Martindale (212) 745-9611 [email protected]
