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Marketing Brochure on Project

News Article on State College Town Center

Restaurant Demand in State College, PA

Restaurant Opportunity Report






























  

Retail:

  • 540,000 square feet of lifestyle retail, restaurants, and an entertainment district
  • To be built in three phases:
  • Phase 1:  200,000 sqft retail/restaurant space
  • Phases 2&3:   341,240 sqft retail/restaurant space
  • 350,000-square foot Big Box Center (with visibility to Interstate 99)


Location:

  • Waddle Road and I-99 (I-99 to be completed in 2008 with exits directly into State College Town Center)
  • Routes 322 and 220 become I-99 in 2008, connecting to Interstate 80)

Demographics:

  • 650,000 people reside within a 50-mile radius
  • 250,000 households
  •  43,000 Penn State Students from households averaging over $100,000 in annual income
  • $58,000 Average Annual Family Household Income (without including Penn State students)
  • $65,000 Average Household Income including Penn State students
  • 2 million direct visitors to Penn State events annually
  

For Leasing Information, Contact:
John M. Millar   jmillar@divaris.com   757.333.4387
Anne Millar Wright   amillarwright@divaris.com   757.333.4385
One Columbus Center, Suite 700 Virginia Beach, VA 23462
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