State of Senior Living and the Senior Living Capital Markets 2013
ORION COMMONS - Lormax Stern · 5/16/2017 · NEW SENIOR LIVING CENTERS BEACON SQUARE SENIOR...
Transcript of ORION COMMONS - Lormax Stern · 5/16/2017 · NEW SENIOR LIVING CENTERS BEACON SQUARE SENIOR...
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ORION COMMONSO R I O N T OWN S H I P , M I C H I G A N
38500 Woodward Ave., Suite 200 Bloomfield Hills, MI 48304 P| 248.737.7110 www.lormaxstern.com
LOCATIONLapeer Rd. (M-24) & Scripps Rd.
Orion Twp., MI 48360
AVAILABILITY+/- 10.5 Acres
AREA TENANTSHome Depot, Beaumont Hospital, Bald Mountain Surgical Center, Red Roof Inn, Marriot Hotel, Palace of Auburn Hills.
TRAFFIC COUNTSLapeer Road (2014):46,900 VPD- at Clarkston Rd.40,500 VPD- N. of Waldon Rd. 40,500 VPD- E. of Scripps
Presented By:Corbin Yaldoo [email protected]
248.855.6800
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DEMOGRAPHICS 2016
LOCATION
Lapeer Rd (M-24) & Scripps Rd
Or ion Twp. , MI 48360
AVAILABILITY
+/- 10 .5 Acres
TRAFFIC COUNTS- 2014
Lapeer Road:
43,900 VPD- at Clarkston Rd.
40,500 VPD- N. of Waldon Rd.
40,500 VPD- E. of Scripps
AREA TENANTS
Home Depot, Beaumont
Hospita l , Ba ld Mountain
Surg ica l Center, Red Roof
Inn, Marr iot Hotel , Pa lace of
Auburn Hi l l s .
Radius Average Income Population Household Persons
3 Mile $113,760 29,069 2.70
5 Mile $111,846 79,387 2.68
7 Mile $98,240 172,175 2.62
Orion Commons O R I O N T OWN S H I P , M I C H I G A N
KEY FACTSLocated at Lapeer Road (M-24) and Scr ipps Road, Or ion Commons is a
centra l dest inat ion on Lake Or ion’s main thoroughfare, Lapeer Road (M-
24) . Lapeer Road c i rculates traff ic north and south from Interstate 75,
as the main access road to the northern communit ies of Oxford, Lapeer,
and Metamora. Pulte Homes is developing 100 s ing le-fami ly homes and
92 duplexes at the rear of the s i te (approx. 74 acres) to accommodate
the increas ing demand for hous ing a long th is corr idor whi le the f ront-
age a long Lapeer Road (M-24) i s reserved for reta i l (approx. 11.5 acres) .
The reta i l port ion, with 100% v is ib i l i ty, offers restaurants and reta i lers
the opportunity to be part of a new and high quality Lormax Stern
development.
38500 Woodward Ave., Suite 200 Bloomfield Hills, MI 48304 P| 248.737.7110 www.lormaxstern.com 38500 Woodward Ave., Suite 200 Bloomfield Hills, MI 48304 P| 248.737.7110 www.lormaxstern.com
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Orion Commons O R I O N T OWN S H I P , M I C H I G A N
ORION TWP. POSITIONING AND TRAFFIC
NORTHERN METRO-DETROIT LOCATION
LOCATION:
43,900 VPD (2014)Lapeer Rd. & Clarkston Rd.
Lapeer Rd. & E. Scripps Rd.
Lapeer Rd. N of Waldon Rd.
40,500 VPD (2014)
40,500 VPD (2014)
Orion Commons
38500 Woodward Ave., Suite 200 Bloomfield Hills, MI 48304 P| 248.737.7110 www.lormaxstern.com 38500 Woodward Ave., Suite 200 Bloomfield Hills, MI 48304 P| 248.737.7110 www.lormaxstern.com
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Orion Commons O R I O N T OWN S H I P , M I C H I G A N
LAPEER RD. (M-24) THOROUGHFARE
38500 Woodward Ave., Suite 200 Bloomfield Hills, MI 48304 P| 248.737.7110 www.lormaxstern.com 38500 Woodward Ave., Suite 200 Bloomfield Hills, MI 48304 P| 248.737.7110 www.lormaxstern.com
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38500 Woodward Ave., Suite 200 Bloomfield Hills, MI 48304 P| 248.737.7110 www.lormaxstern.com
Orion Commons O R I O N T OWN S H I P , M I C H I G A N
F IRST OUTLOT TO BE DEVELOPED AT ORION COMMONS. FUTURE BUILDINGS TO FOLLOW BRICK CONSTRUC TION AND DESIGN.
PULTE HOMES UNDER CONSTRUC TION BEHIND THE S ITE 110 S INGLE FAMILY HOMES 92 DUPLEXES.
LOCATED DIREC TLY ACROSS THE STREET FROM THE S ITE IS LAKE ORION HIGH SCHOOL WITH 2,560 STUDENTS AND 127 STAFF MEMBERS AND SCRIPPS MIDDLE SCHOOL WITH 620 STUDENTS AND 60 STAFF MEMBERS.
NEW SENIOR L IV ING CENTERS BEACON SQUARE SENIOR L IV ING COMMUNITY AND VILLAGE MANOR RETIREMENT OPENING IN 2017 ADJACENT TO AND K IDDIE CORNER FROM THE S ITE.
38500 Woodward Ave., Suite 200 Bloomfield Hills, MI 48304 P| 248.737.7110 www.lormaxstern.com
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38500 Woodward Ave., Suite 200 Bloomfield Hills, MI 48304 P| 248.737.7110 www.lormaxstern.com
Orion Commons
38500 Woodward Ave., Suite 200 Bloomfield Hills, MI 48304 P| 248.737.7110 www.lormaxstern.com
SITE PLAN:
O R I O N T OWN S H I P , M I C H I G A N
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D E V E L O PM E N T C OM P A N Y , L L C
Lormax Stern Development Company’s earned a national reputation for the development of outstanding shopping centers- producing higher than average sales for retai lers in their developments. Through strategic acquisit ion of premium locations, Lormax Stern’s centers, of the highest qual ity and prominence, outshine competitors in existing markets. The Company works closely with communities to ensure long-term benefits and maintains a track record of “getting the job done.”
LORMAX STERN OWNS AND OPERATES OVER 25 SHOPPING CENTERS AND IS HOME TO THE TOP NAMES IN RETAIL:
Go to our website for more information about our properties: www.lormaxstern.com
Allen ParkBangor Twp.Battle Creek Bay CityCantonDetroitEvergreen ParkFlintGrand RapidsGreen Oak Twp.Gross PointeLansingLincoln ParkLivoniaNorthville Twp.Orion Twp.PetoskeyPlainfield Twp.RosevilleShelby Twp.WestlandWyoming
MICHIGANKENTUCKY
MISSISS IPP I
Lexington
Tallahassee
Hattiesburg
38500 Woodward Ave., Suite 200 Bloomfield Hills, MI 48304 P| 248.737.7110 www.lormaxstern.com38500 Woodward Ave., Suite 200 Bloomfield Hills, MI 48304 P| 248.737.7110 www.lormaxstern.com