Shopping Center Business

AUG 2018

Shopping Center Business is the leading monthly business magazine for the retail real estate industry.

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GRAND BOULEVARD August 2018 • SHOPPING CENTER BUSINESS • 51 Walton County is not only the sixth-fastest-growing county in the nation, it is a powerful vacation, visi- tor and second home market — with a significantly longer season than its South Florida counterparts. Con- sequently, Grand Boulevard draws from cities as far away as Dallas, New Orleans, Nashville, Birming- ham and Atlanta. South Walton also boasts some of the highest real estate values in the country. It's no surprise that South Walton has been dubbed "The Hamptons of the South." Av- erage visitor household income in the market is $218,000, with sec- ond homeowner average household income exceeding $500,000. North- west Florida is the second largest drive-to market in the state, attract- ing more than 16 million visitors to the region and fueling the local South Walton economy with a $4.4 billion economic impact annually. PREMIER RETAIL AND RESTAURANTS From the beginning, Grand Boule- vard distinguished itself with a long list of first-to-market retailers and restaurants, and premier national names like Orvis, Tommy Bahama's Restaurant, Bar & Store (island con- cept), Brooks Brothers, J. Jill, Chi- co's, Flemings, Billabong, P.F Changs and Cantina Laredo to name a few, complementing an impressive tenant roster that also includes a diverse list of locally owned boutiques, galleries and chef driven restaurants. That tenant roster continues to grow in both length and depth, add- ing to a who's who list of tenants including Pottery Barn, Anthropol- ogie, Vineyard Vines, Lilly Pulitzer, Billabong, Hemline (the women's designer fashion retailer's first Flor- ida location), Kinnucan's Specialty Outfitter (another Florida first), local favorites Everkrisp, Ophelia Swim- wear, The Jewel, Grand Fitness, The Foster Gallery, Emerald Coast The- atre Company and the Boulevard 10 Cinema, the community's 10-screen luxury theater. Chef Emeril Lagasse's newest restaurant, Emeril's Coastal Italian, recently joined Grand Boule- vard's slate of restaurant tenants, de- buting in late 2017. At this popular dining destination, the celebrity chef himself is seen cooking in the kitchen several days a week as he lives in the community. The first Peter Millar store in Northwest Florida — and one of the few freestanding stores in the state — is set to open this summer, and other 2018 newcomers on tap include luxury beauty retailer Blue- mercury and Vin'tij Food + Wine, an award-winning local wine boutique and restaurant concept with a 20- year history in the market. DISTINCTION AND STYLE The design and attention to detail that added to Grand Boulevard's success is as prevalent as ever. From custom fountains and water elements CONNECTING BROKERS, LANDLORDS, AND DEVELOPERS TO RETAILERS READY TO EXPAND SPEAK TO 5X THE RETAILERS IN A 1/2 DAY AT OUR AUSTIN SHOW RETAILERS ARE READY SAVE YOUR SPOT! RETAIL LIVE – WHERE DEALS ARE MADE. Connect directly with 150+ retailers actively expanding in less than a day. Our retailers aren't just thinking about expanding - they're ready to do business! After the show, join us for cocktails and conversation at our reception while enjoying Live! entertainment. WHERE? WHEN? Thursday, 8-30-18 JW Mariott in Austin 11-1 PM Registration & Set Up 1-5 PM Retail Live! Trade Show 5-8 PM Reception Register today at RetailLive.com

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