Stamford Downtown Comprises 20 Square Blocks

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1 Stamford Downtown

2 Stamford Downtown Comprises 20 Square Blocks

3 Stamford Downtown Population Profile 2011 Est. Average Age: (5mile Radius) 38 Estimated mile 3 miles Outdoor dining on Bedford Street Population 39, ,048 Avg. Household Income $85,449 $123,235 Driving Times from Stamford Downtown Shoppers at the Stamford Downtown Farmer s Market 50 minutes- New York City 17 minutes- Westchester Airport, White Plains, NY 90 minutes- Hartford, CT 45 minutes- New Haven, CT Dining and mingling on Lower Summer Street Source: CoStar 03/13/ Education Attainment (Age 25+) Professional School or Doctorate Degree 6.31% Master s Degree 16.73% Bachelor s Degree 27.41% Associate s Degree/Some College 17.32% High School Diploma or GED 21.20% High School Non-graduates 11.03% 50.45%

4 Daytime Population Daytime Employees in Stamford Downtown 1 mile radius 41,487 5 mile radius 109,005 Source: CoStar (2012) Students University of Connecticut, Stamford Located in the core of Stamford Downtown Total Undergraduate Enrollment as of Fall 2010: 1,318 Total Graduate Enrollment as of Fall 2010: 494 Total Faculty and Staff: 180 Source: UConn Stamford 2011 UConn, Stamford in the heart of Stamford Downtown Stamford Transportation Center Total Number of Businesses (1 mile radius): 3,398

5 Business Employment & Corporate Profile 2011 Top Stamford Employers UBS Pitney Bowes E m p l o y e r s General Electric Capital Corporation RBS Stamford Hospital Stamford Town Center City of Stamford: City Government City of Stamford: Board of Education US Postal Service Gartner Group GenRe Corporation Purdue Pharma SAC Capital Advisors Price Waterhouse Coopers Number of Employees Source: The Business Council of Fairfield County

6 Office Market Profile Office Space Class A & B Existing: 9,916,804 sf Projected: 673,000 sf* Total 10,589,804 sf CBD Class A Office- 4 st Quarter 2011 Number of Buildings: 41 Total Square Footage: 8,930,858 sf Combined Available Space: 2,032,396 sf** Availability Rate: 22.7% Average Asking Rent: $40.64/sf CBD Class B Office- 4 st Quarter 2011 Source: CB Richard Ellis Research Services *Planned Office Developments: Metro II and Gateway Number of Buildings: 16 Total Square Footage: 985,946 sf Combined Available Space: 264,776 sf** Availability Rate: 26.8% Average Asking Rent: $24.15/sf ** Includes direct and sublease office space

7 Retail Profile 2011 Stamford Downtown Retail Occupancy 91% Retail Advancement Grant Program Total CBD Retail Square Footage: 1,754,922 sf Downtown Retail Stamford Town Center Downtown Retail Streets Total 768,000 sf 986,922 sf 1,754,922 sf Sources: Stamford Downtown & Taubman Company Stamford Downtown Anchors Saks Fifth Avenue Apple Safavieh Barnes & Noble Macy s Target Burlington Coat Factory 78,000 sf 10,000 sf 85,000 sf 40,000 sf 225,000 sf 164,000 sf 123,000 sf

8 Economic Generators: Dining Newest Additions: Bar Rosso Spring Street Bar Taco Summer Street Hudson Grill Bedford Street Patrizia s of Stamford Main Street Rodizio Grill Broad Street Station Eats Landmark Square Volta Gelateria Creperia Spring Street

9 Economic Generators: Entertainment Annual Attendance According to national research organization, America for the Arts, theatre attendees spend an average of $23 per person before or after theatre. 960,000 Movie Theater Attendees $22,080,000 (Bowtie Cinemas & Avon Theater Film Center) 350,000 Downtown Special Events $8,050,000 61,000 Stamford Media Center Attendees (NBC Universal) 55,000 Palace Theater Attendees $1,265,000 Sources: Avon Theatre & Stamford Center for the Arts (2009) Avon Theatre on Bedford Street

10 Average Sales Price Residential Profile Average Residential Sales Prices: Citywide & Downtown $900,000 $800,000 $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $ Citywide Single Family $853,692 $739,840 $665,153 $707,933 $651,147 Citywide Condominium $409,081 $378,930 $338,526 $339,975 $306,332 Downtown Single Family $386,101 $595,485 $495,770 $530,961 $493,486 Downtown Condominium $461,878 $349,258 $291,725 $330,236 $271,239 Source: Juner William Pitt Sotheby s International Realty

11 Residential Profile Apartments & Condominiums Within a ¼ mile radium of Stamford Downtown Basis as of Pre ,600 The Classic- Forest Street 144 Canterbury Green- Broad Street 106 Biltmore- Greyrock Place 161 Strawberry Hill Avenue- Residential Complexes 1,274 Avalon Grove 401 Trump Parc on Washington Boulevard at Broad Street Stamford Corners- Washington Boulevard 195 Park Square West: Phase 1- Summer Street 143 Archstone- Bedford &North 160 Avalon at Greyrock Place- Greyrock & Forest 306 Mill River House- Broad & Hanrahan 92 Adams Mill River House- Adams Avenue 60 Metropolitan Summer Street & Townhouses 51 Glenview House- E. Main Street & Glenbrook Road 142 Eastside Commons- East Main Street Prospect Street Forest Street 16 Trump Parc 166 Highgrove- Forest at Grove Street 94 The Blvd Washington Boulevard 94 SUBTOTALS: 3,285 2,122 Cumulative Total: 5,407 Source: Stamford Downtown 100 Prospect Street Under Construction Within a 1 mile radius of Stamford Downtown (Planned and Proposed) 800 Summer Street 89 Apartments 1350 Washington Blvd. 120 Apartments Advocate Site Bank Street Park Square West Phase II 339 Apartments 15 Apartments 144 Apartments *Proposed Hotel: 125 Rooms Total: 707

12 Stamford Downtown Special Services District The Stamford Downtown Special Services District (DSSD) brings 350,000 people Downtown annually through its 16 events which include the UBS Parade Spectacular (far left), Five (center) and its famous outdoor sculpture exhibit (right). Promoting a Safe, Clean & Green Downtown A central component of the DSSD mission is to provide an inviting Downtown environment thorough Ambassador, Landscaping and Cleaning Services.