Shopping Center Business

DEC 2017

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

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CELEBRATION POINTE 66 • SHOPPING CENTER BUSINESS • December 2017 World Report. In addition, Gainesville's Santa Fe College, previously one of the highest-ranked community colleges in the country, is now a four-year school. The area around the city is sprawling with residential growth largely due to its very strong academic and medical base, which gives the city economic stability. There are more than 280,000 people living in the Gainesville metro area, and a population of nearly 1 million within the 11 counties surrounding Gainesville. Gainesville has had steady population growth at nearly 2 percent per year since 2000. As an example of the change occurring in the Gainesville area, the University of Florida's Sid Martin Biotechnology Incu- bator, one of the leading biotech incuba- tors in the world, has been spawning a number of companies each year. These companies need office space, which is lacking in Gainesville, particularly space in a setting such as Celebration Pointe. CELEBRATION POINTE IS BORN Gainesville is not overrun with experi- ential, mixed-use campuses where every- thing is located in one well-planned loca- tion. Seeing this, Dyrkolbotn realized the site would be a fit for a mixed-use project, which he named Celebration Pointe. In late 2012, Dyrkolboton partnered with Ralph Conti, principal of Atlanta-ased RaCo Real Estate Advisors, to assist with the development. Conti and Dyrkolboton formed Celebration Pointe Development Partners to act as the exclusive develop- ment manager for Celebration Pointe A new, 140-room Hotel Indigo will be a major attraction to Celebration Pointe. Hilltop Plaza Md Route 450 & Race Track Rd. Bowie, MD 20715 • Over 95% leased • Strong national retailers including Aldi, Dollar Tree, Advance Auto, Walgreens and Dunkin Donuts • Excellent household incomes within 5 miles (average of $136,000) Contact: Jim Farrell, 571.382.1229 RETAIL OPPORTUNITIES For more information on ALL of Bowie's Opportunities, contact: John Henry King Economic Development Director, City of Bowie, Maryland 15901 Excalibur Road Bowie, MD 20716 301.809.3042 | fax 301.809.2315 jhking@cityofbowie.org Pointer Ridge Plaza 1334 Crain Highway Bowie, MD 20716 • High traffic counts on Route 301 (over 60,000 cars per day) • Renovated facade • Mature and stable housing market surrounding center Contact: Jim Farrell, 571.382.1229 Bowie Marketplace 15455 to 15511 Annapolis Rd. Bowie, MD 20715 • Brand New! • Ample and convenient parking! • Great tenant mix with Harris Teeter! Contact: Brian Berman, 301.816.1555

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