TG PACIFICA SQUARE - LoopNet€¦ · (5) Asian Cool • Pacifica Square plans to create a vibrant,...

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(2) Development Concepts 1. The Best Location: Pacifica Square is located in the core area of the most prestigious business district in Aurora in the western suburbs of Chicago. The south side is adjacent to the famous large indoor shopping mall, Fox Valley Mall, and the east is directly connected to the interstate 88. Just one mile away is the Chicago intercity train Metra Station. It has a large passenger flow, high traffic flow, convenient transportation and huge radiation area. It is a densely populated community with a large percentage of the Asian population in the western suburbs of Chicago. 2. New Lifestyle Concept: There is excellent public education in the western suburbs of Chicago. This environment has attracted many Asian residents to the area. Due to the continued rising economic development and the unlimited business opportunities, the population has been growing especially in the Asian population in recent years. The consumption pattern has also been changing, forming a strong consumer demand. However, the lack of modern Asian shopping malls in the region has made Asian life extremely inconvenient. Therefore, in order to meet the needs of the market, the second phase of Pacifica Square is to add a professional office building and the third phase is to build a garden- style high- end residential mix use building which also integrates with other shops, merchants and convenient facilities in the Plaza, allowing guests to enjoy a wide range of diversification. 3. The ratio of high-income families within a five- mile radius of Pacifica Square is extremely high and Aurora's business district earnings rank first in the US suburbs. Only 45 minutes drive from downtown Chicago, Naperville has high-quatlity, high income residents, excellent public education, beautiful natural environment, and complete social and cultural facilities. (1) Project Planning (3) Prospects The Pacifica Square architectural design is designed by ZSW Architects, Cristal Zheng. Zheng presented the design concept of Asian Cool to Pacifica Square to create a high- quality "Asian Style" consumer experience that meets the needs of the consumers. In Phase I, some exisitng stores will be renovated with new appearances to meet the diversified requirements of modern commercial standards. The presence of the prestigious Hong Kong supermarket has become an anchor tenant at Pacifica Square. Other large commercial spaces of the center has been divided to a number of small shops and the transformation of the facade also provides signs and recognition for each business. The exterior area of the shop and the landscape vegetation will become a pleasing element of this modern lifestyle center. The second phase of Pacifica Square is to build a professional office building along the main street of East New York. The office building will have a modern design style with a great atmosphere. The building will have open large glass office space which will create a high-end environment for office. The design of the building will also incorporate a sustainable concept, with solar panels on the roof, solar energy to provide the building's electrical energy, or air conditioning system to save power and protect the environment. Phase III of Pacifica Square is to build a commercial and residential mixed-use building in the center including apartments, first-floor shops and indoor parking garages, creating a garden-style residential area, combined with the second-phase office building to provide urban elites with near excellent living conditions. Pacifica Square is located in the 204-school district with excellent educational quality and is just three miles from interstate 88. When completed, Pacifica Square will showcase Asian characteristics and become anAsian Cool”city in the US that leads Asian business and culture. Pacifica Square is located in Aurora, a suburb of Chicago, on the south side of Fox Valley Mall. Pacifica Square was formerly known as Yorkshire Plaza. Yorkshire Plaza was acquired by Windfall Group in February of 2018. The vision for this property is to transform the shopping center into the Largest Asian Shopping Center in the US adding the Asian Cool brand. Pacifica Square currently has over 360,000 gross leasable area with over 1500 parking spaces. Part of Phase I is to revive the former Yorkshire Plaza shopping center by bringing in more tenants in the area of service. Phase II will include building a modern and stylish five-story professional office building with a building area of approximately 45,000 square feet. Lastly, Phase III will include a five-story commercial & residential building with approximately 240 residential units and 33,000 square feet of more commercial retail. The building area will be approximately 380,000 square feet. When all phases of the redevelopment has been completed, Pacifica Square will have a total of 780,000 square feet, making it the largest lifestyle center in the United States. Pacifica Square aims to create a vibrant, multi-cultural, stylish one stop "Asian Cool" city that combines shopping, leisure, business, entertainment, food, service and life. It not only meets the needs of the surrounding Asian communities but also leads and promotes the oriental cultural characteristics to more American families. The Windfall Group team has full confidence in bringing this to the community. TG PACIFICA SQUARE A WINDFALL PROPERTY

Transcript of TG PACIFICA SQUARE - LoopNet€¦ · (5) Asian Cool • Pacifica Square plans to create a vibrant,...

Page 1: TG PACIFICA SQUARE - LoopNet€¦ · (5) Asian Cool • Pacifica Square plans to create a vibrant, Asian inspired city that is full of energy, style and positivity. • Pacifica Square

(2) Development Concepts1. The Best Location: Pacifica Square is located in the core area of the most prestigious

business district in Aurora in the western suburbs of Chicago. The south side is adjacent

to the famous large indoor shopping mall, Fox Valley Mall, and the east is directly

connected to the interstate 88. Just one mile away is the Chicago intercity train Metra

Station. It has a large passenger flow, high traffic flow, convenient transportation and

huge radiation area. It is a densely populated community with a large percentage of the

Asian population in the western suburbs of Chicago.

2. New Lifestyle Concept: There is excellent public education in the western suburbs of

Chicago. This environment has attracted many Asian residents to the area. Due to the

continued rising economic development and the unlimited business opportunities, the

population has been growing especially in the Asian population in recent years. The

consumption pattern has also been changing, forming a strong consumer demand.

However, the lack of modern Asian shopping malls in the region has made Asian life

extremely inconvenient. Therefore, in order to meet the needs of the market, the second

phase of Pacifica Square is to add a professional office building and the third phase is to

build a garden- style high- end residential mix use building which also integrates with

other shops, merchants and convenient facilities in the Plaza, allowing guests to enjoy a

wide range of diversification.

3. The ratio of high-income families within a five- mile radius of Pacifica Square is

extremely high and Aurora's business district earnings rank first in the US suburbs. Only

45 minutes drive from downtown Chicago, Naperville has high-quatlity, high income

residents, excellent public education, beautiful natural environment, and complete social

and cultural facilities.

(1) Project Planning

(3) Prospects• The Pacifica Square architectural design is designed by ZSW Architects, Cristal Zheng.

Zheng presented the design concept of Asian Cool to Pacifica Square to create a high-

quality "Asian Style" consumer experience that meets the needs of the consumers. In

Phase I, some exisitng stores will be renovated with new appearances to meet the

diversified requirements of modern commercial standards. The presence of the

prestigious Hong Kong supermarket has become an anchor tenant at Pacifica Square.

Other large commercial spaces of the center has been divided to a number of small shops

and the transformation of the facade also provides signs and recognition for each

business. The exterior area of the shop and the landscape vegetation will become a

pleasing element of this modern lifestyle center.

• The second phase of Pacifica Square is to build a professional office building along the

main street of East New York. The office building will have a modern design style with a

great atmosphere. The building will have open large glass office space which will create

a high-end environment for office. The design of the building will also incorporate a

sustainable concept, with solar panels on the roof, solar energy to provide the building's

electrical energy, or air conditioning system to save power and protect the environment.

• Phase III of Pacifica Square is to build a commercial and residential mixed-use building

in the center including apartments, first-floor shops and indoor parking garages, creating

a garden-style residential area, combined with the second-phase office building to

provide urban elites with near excellent living conditions. Pacifica Square is located in

the 204-school district with excellent educational quality and is just three miles from

interstate 88. When completed, Pacifica Square will showcase Asian characteristics and

become an“Asian Cool”city in the US that leads Asian business and culture.

Pacifica Square is located in Aurora, a suburb of Chicago, on the south side of Fox Valley

Mall.

Pacifica Square was formerly known as Yorkshire Plaza. Yorkshire Plaza was acquired by

Windfall Group in February of 2018. The vision for this property is to transform the

shopping center into the Largest Asian Shopping Center in the US adding the Asian Cool

brand. Pacifica Square currently has over 360,000 gross leasable area with over 1500

parking spaces. Part of Phase I is to revive the former Yorkshire Plaza shopping center by

bringing in more tenants in the area of service. Phase II will include building a modern and

stylish five-story professional office building with a building area of approximately 45,000

square feet. Lastly, Phase III will include a five-story commercial & residential building

with approximately 240 residential units and 33,000 square feet of more commercial retail.

The building area will be approximately 380,000 square feet. When all phases of the

redevelopment has been completed, Pacifica Square will have a total of 780,000 square

feet, making it the largest lifestyle center in the United States.

Pacifica Square aims to create a vibrant, multi-cultural, stylish one stop "Asian Cool" city

that combines shopping, leisure, business, entertainment, food, service and life. It not only

meets the needs of the surrounding Asian communities but also leads and promotes the

oriental cultural characteristics to more American families. The Windfall Group team has

full confidence in bringing this to the community.

TG PACIFICA SQUARE A WINDFALL PROPERTY

Page 2: TG PACIFICA SQUARE - LoopNet€¦ · (5) Asian Cool • Pacifica Square plans to create a vibrant, Asian inspired city that is full of energy, style and positivity. • Pacifica Square

(5) Asian Cool• Pacifica Square plans to create a vibrant, Asian inspired city that is full

of energy, style and positivity.

• Pacifica Square will meet the needs of Asian communities for fashion

and consumption with Asian cuisine, shopping, leisure, and

multiculturalism. It will become the "Asian Cool" city in the western

suburbs of Chicago.

• Pacifica Square is not just a large-scale Asian Lifestyle Shopping Center

but also a Lifestyle Shopping center that also brings a new life concept

of Asia which will bring consumers a powerful consumption model and

consumption environment.

• Pacifica Square aims to create Chicago's "Western Asiantown" and lead

the "Asian Cool" city with its own unique oriental culture.

• After the completion of all 3 phases of Pacifica Square, it will showcase

its special features and become an "Asian Cool" city for Asian business

& culture.

(6) Our Mission"Working together to create business opportunities."

After a detailed market research, Pacifica Square's development project

received strong support from the City of Aurora and received enthusiastic

response from the business owners of the Greater Chicago Chinese

community. Pacifica Square is willing to work together with all walks of

life to create business opportunities and jointly create an "Asian Cool" city.

Let us join hands to promote the development of the market and gradually

form a business circle centered on Chicago's Pacifica Square. Pacifica

Square will be a milestone in the development of the Asian community in

Greater Chicago.

Development Concept & Planning

Windfall Group聯 豐 集 團

Sunny Zhang (616) 795-5000 Judy Ni (330) 807-2272

David Brackney (312) 953-5198

Pacifica Square has a total gross leasable area of over 360,000 square feet and with

over 1500 parking spaces. The existing tenants include anchor tenants Best Buy, Value City Furniture, Men's Wearhouse, Pier One, etc. (See above)

In addition to the existing businesses, Pacifica Square has approximately 150,000

square feet left to lease where 100,000 square feet of that space has been leased out

by Pacifica Square. Pacifica Square has leased out 50,000 square feet of the space

to an Asian supermarket, Park To Shop, with a food court. Pacifica Square has

also leased out spaces to Levee Karaoke/BBQ, Pho Noodles Shop, ViVi Bubble

tea, Aquarius Gift Shop, Gemini Foot Massage, Strings Ramen, Hot Pot, Stone Cabinet Works, and a Axe throwing Sports Bar (ChiLL'Axe).

In addition, there is a second phase of the project with a building area of

approximately 45,000 square feet. Our team will introduce more national popular

brands, highlighting the unique and fashionable positioning of Pacifica Square and

promoting the Asian culture to the community.

(4) Lease Status4360