Gardens

THE GARDENS MALL

PALM BEACH GARDENS, florida

THE FORBES COMPANY

The Forbes Company is a nationally recognized
owner, developer and manager of iconic regional
shopping centers, that are known throughout their
respective markets for their retail innovation,
fashion leadership, distinctive architecture and
luxury appointments. The Forbes Company creates
exceptional retail destinations with no equal.

THE MALL AT MILLENIA SOMERSET COLLECTION WATERSIDE SHOPS THE GARDENS MALL

Orlando, Florida Troy, Michigan Naples, Florida Palm Beach Gardens, Florida

THE GARDENS MALL

Nestled in the heart of beautiful Northern Palm
Beach County, The Gardens Mall stands out as a
singular destination for luxury shopping. Home to
more than 150 of the world’s most iconic brands
including Chanel, Gucci, Louis Vuitton, Tiffany & Co.,
Jimmy Choo, Salvatore Ferragamo, David Yurman and
Ralph Lauren, it is a destination of true magnificence,
where fashion is a state of mind, not just a necessity.

BEST
IN CLASS
R E TA I L . . .

MORE THAN 150 LUXURY AND LIFESTYLE STORES, MANY
THAT ARE UNDUPLICATED IN THE MARKET ANCHORED BY
SAKS FIFTH AVENUE • NORDSTROM • BLOOMINGDALE’S • MACY’S • SEARS

ABERCROMBIE & FITCH • ANTHROPOLOGIE • APPLE • CHANEL • COACH
DAVID YURMAN • EILEEN FISHER • GODIVA • GUCCI • H&M • HAMILTON JEWELERS
HENRI BENDEL • HUGO BOSS • ILORI OPTICAL • J.CREW • J.MCLAUGHLIN
JIMMY CHOO • JOE MALONE • JOHNNY WAS • KATE SPADE NEW YORK • LACOSTE
LILLY PULITZER • LOUIS VUITTON • LULULEMON ATHLETICA • LUSH • M.A.C
MADEWELL • MICHAEL KORS • MONTBLANC • NYX • POTTERY BARN
POTTERY BARN BABY • POTTERY BARN KIDS • RALPH LAUREN • ROBERT GRAHAM
SAM EDELMAN • SALVATORE FERRAGAMO • SEPHORA • TIFFANY & CO. • TORY BURCH
TOURNEAU • VICTORIA’S SECRET • VINEYARD VINES • WILLIAMS-SONOMA

EXCEPTIONAL CUISINE

Dining options truly complement the world-class
shopping, architecture and amenities of The Gardens
Mall. The numerous contemporary eateries offer
delectable cuisine, beautifully designed spaces and
outstanding service that keep guests coming back.
Selections include Brio Tuscan Grille, P.F. Chang’s
China Bistro, California Pizza Kitchen, Bloomingdale’s
B-Café, Cooper’s Hawk, Nordstrom Café Bistro,
The Counter – Custom Built Burgers, and Garden Cafés.

ARCHITECTURAL DRAMA

Polished limestone entry pavilions transport guests to
a lush, tropical ambiance. Skylights bathe the space
in rich, warm light. Cherry wood and natural stone
planters line walkways, offering verdant, floral life
at every turn. Breathtaking, hand-painted murals
and custom designed glass art add dramatic flair
while providing picture-perfect backdrops to the
shopping center’s collection of fine, world-renowned
sculptures: Diana, Newborn, Maya and Leaping Gazelle.

PREMIER LOCATION

The Gardens Mall is a 1.4 million square-foot shopping
center that caters to the discerning local market as well as
the seasonal visitor to southeast Florida. Not only is the
shopping center conveniently located one mile east of A1A
on PGA Boulevard. but it is also strategically positioned
in Palm Beach County, ranked number one in Florida in
terms of per capita income. The PGA corridor and PGA
Boulevard are the commercial engines of Northern Palm
Beach County; PGA Boulevard is home to PGA of America.

A1A

PGA BOULEVARD

A WEALTH OF OPPORTUNITY

REMARKABLE GUESTS

POPULATION OF FLORIDA 20.271 MILLION | 3RD LARGEST STATE IN THE U.S.
POPULATION OF PALM BEACH COUNTY 1.4 MILLION WITH 570,800 HOUSEHOLDS

The Gardens Mall’s guests exhibit strong patronage patterns across the board; exceeding all
U.S. Benchmarks. Almost 50% of our shoppers have a household income of over $100,000.

SHOPPER Overall Shopper Trade Area Seasonal Area Market U.S. Benchmark
PROFILE Shoppers Resident Workers Visitors for all Shoppers
Shoppers
% of Total Shoppers 58.9% 51% 12.4% 17% 65.8%
% Female 41 72.2% 5.6% 41% 44% 38.8
Average Age $124,070 40.9 73.5% 41.4 43.9 $85,027
Average HH Income $117,858 51.7 $120,074 $142,973 $100.74
Average Expenditure $190.66 $190,556 $137.14 $356.86 80.3
Length of Visit 84.5 $189.22 43.3 102.3 1.8
# Stores Visited 2.6 76.6 $231.40 1.1 2.4 19%
Walk Out Rate 8.2% 3.3 87.7 6.4% 6.4%
2.1
9.3% 11.8%

MARKET FACTS

Palm Beach County ranks number one among the 67 The PGA corridor and PGA Boulevard are the
counties in Florida with regard to per capita income, commercial engines of North Palm Beach County;
with the North County corridor being the strongest. PGA Boulevard is home to PGA of America.

Palm Beach County is one of the wealthiest and Over 6 million visitors come to Palm Beach County
charitable communities in the country; giving annually and the market is primed for significant
an average of $300 million annually back to our growth with the addition of a Convention Center
marketplace. Palm Beach County has more than Hotel, the All Aboard Florida passenger train and
3,600 501(c)3’s registered, with over 1,600 of them increased flights coming in direct to PBIA.
active public charities.
New domestic travel markets are emerging from
The Trade Area population grows by nearly 30% metropolitan cities like Washington, D.C., Los Angeles
with the influx of seasonal residents that stay from and Chicago. These are in addition to the already
November through April and contribute more than strong Northeast.
triple the industry benchmark expenditure to the
shopping center. In nearby Jupiter, a biomedical cluster has been
formed, which is anchored by world-renowned The
The luxury housing market in Palm Beach County in Scripps Research Institute and Max Planck Florida
2015 set a new record of price per square foot for Institute, which will generate in excess of $2 billion in
residential sales. There was a 164% increase in luxury economic activity while bringing over 50,000 jobs to
market sales from 2011-2015 and this trend continues the market. Spin off jobs/companies are expected to
to strengthen. continue for the next ten years.

15 new companies moved into Northern Palm Beach More than 6% of trade area shopper households
County in 2015. Additional growth is happening at have an average household income of more than
an above average pace. $100,000.

The Trade Area is projected to grow by 5.5% by 2019. The trade area consists of 785,000 households with
Palm Beach County is in the top 10 in Growth and the permanent residents’ average household income
of $125,634.
Occupancy for the visitor market in Florida and
is consistently experiencing new travelers from The Gardens Mall’s average sale per visit is more than
international destinations such as South America and double the industry benchmark.
Europe, excedding 6 million visitors in 2015.
Nearly half of all The Gardens Mall shoppers consider
themselves “Brand” name shoppers with another 40%
considering themselves “Designer” shoppers.

2015 Average Household Income

¨¦§95

Indian River Legend

2 _^ The Gardens Mall
16
The Gardens Mall 45 Minute Drive Time
10 The Gardens Mall 60 Minute Drive Time

¦¨§95 2015 Average Household Income
19
11 Below $30,000

_^17 $30,000 - $39,999

Lake 18 $40,000 - $49,999
Okeechobee
$50,000 - $59,999
¦¨§75
$60,000 - $69,999

$70,000 - $79,999

4 $80,000 - $89,999

¦¨§95 $90,000 - $100,000

14 15 Above $100,000
1
3 Selected Communities
5 by Average Household Income
¨§¦595
6 13 1 - $217,477 - Manalapan
7 2 - $196,562 - Sewall's Point
3 - $176,862 - Parkland
9 4 - $173,440 - Palm Beach
12 5 - $132,520 - Ocean Ridge
6 - $130,613 - Golf
20 7 - $121,954 - Gulf Stream
8 8 - $119,722 - Lighthouse Point
9 - $118,522 - Highland Beach
¨§¦95 10 - $116,840 - Jupiter Island
11 - $115,870 - Jupiter Farms
¨§¦595 12 - $114,208 - Boca Raton
13 - $112,687 - Briny Breezes
14 - $111,868 - Wellington
15 - $109,600 - Atlantis
16 - $105,323 - Palm
17 - $104,689 - Juno Beach
18 - $103,927 - Palm Beach Gardens
19 - $101,608 - Jupiter
20 - $100,948 - Hillsboro Beach

.0 5 10 20
Miles
_^

2015 Average Household Net Worth

¦¨§95 Indian River12 Legend

Lake _^ The Gardens Mall
Okeechobee
3 The Gardens Mall 45 Minute Drive Time
§¨¦75 14 27 The Gardens Mall 60 Minute Drive Time

10 2015 Average Household Net Worth

¨§¦95 23 725 Below $200,000
$200,000 - $399,999
_^24 15 $400,000 - $599,999
20 22 $600,000 - $799,999
$800,000 - $999,999
Above $1,000,000

2 Selected Communities
by Average Household Net Worth
26
1 - $3,837,377 - Manalapan
¦§¨6 95 8 2 - $2,889,312 - Palm Beach
1 3 - $2,757,762 - Sewall's Point
4 - $2,635,742 - Golf
11 5 - $2,408,442 - Highland Beach
6 - $2,280,184 - Atlantis
4 13 7 - $2,140,726 - Jupiter Inlet Colony
17 8 - $2,132,166 - South Palm Beach
9 - $2,067,427 - Hillsboro Beach
5 10 - $1,954,950 - Jupiter Island
21 11 - $1,900,131 - Ocean Ridge
12 - $1,711,779 - Hutchinson Island South
16 9 13 - $1,653,953 - Briny Breezes
18 14 - $1,621,235 - Palm
15 - $1,516,494 - Juno Beach
19 16 - $1,453,342 - Parkland
17 - $1,444,601 - Gulf Stream
18 - $1,314,466 - Lighthouse Point
19 - $1,287,594 - Lauderdale-by-the-Sea
20 - $1,235,481 - Palm Beach Gardens
21 - $1,208,106 - Boca Raton
22 - $1,207,091 - North Palm Beach
23 - $1,162,842 - Tequesta
24 - $1,135,563 - Jupiter Farms
25 - $1,096,927 - Jupiter
26 - $1,045,457 - Lake Clarke Shores
27 - $1,003,871 - Port Salerno

§¦¨ ¨§¦ ¨§¦595 595595

.0 5 10 20
Miles
_^

SUCCESSFUL
MARKETING
PROGRAMS
DESIGNED
FOR YOU...

STRATEGIC PROGRAMMING AND PARTNERSHIPS, COUPLED WITH CUSTOMIZED CENTER INITIATIVES, PROVIDE
THE GARDENS MALL RETAILERS WITH THE OUTSTANDING MARKETING SUPPORT THAT THEY DESERVE.

BRANDING EFFORT RESULTS SIGNATURE EVENTS

• Increase drive time to property: From our annual Dr. Oz personal
50% greater than national average appearances to hosting the Grand
Ta s t i n g fo r Pa l m Be a c h Fo o d & W i n e ,
• Increase average time spent at property: as well as showcasing the legendary
42% greater than national average Dr. Seuss Exhibit, The Gardens Mall
creates iconic, unique and unprecedented
• Increase average expenditure at property: experiences for our guests and our retailers.
2.7 x the national average

BRANDING INITIATIVE LOYALTY PROGRAMS

The Gardens Mall has created CHANEL : GUCCI : RALPH LAUREN : LOUIS VUITTON The Gardens Mall boasts many customer-centric
several campaigns to showcase TIFFANY & CO. : SALVATORE FERRAGAMO
the lifestyle of Northern CHANEL : GUCCI : RALPH LAUREN : LOUIS VUITTON JIMMY CHOO : HAMILTON JEWELERS : HUGO BOSS programs such as the VIP Platinum Card, Mall Walker
Palm Beach County. These TIFFANY & CO. : SALVATORE FERRAGAMO KATE SPADE NEW YORK : LULULEMON ATHLETICA
campaigns include print, video JIMMY CHOO : HAMILTON JEWELERS : HUGO BOSS VINEYARD VINES : DAVID YURMAN : J.MCLAUGHLIN
and billboards, as well as a KATE SPADE NEW YORK : LULULEMON ATHLETICA
robust website which offers VINEYARD VINES : DAVID YURMAN : J.MCLAUGHLIN SAKS FIFTH AVENUE : MACY’S Pro g r a m s , a n d Ne w Mo ve r – We l c o m e To Th e
rich editorial content about our NORDSTROM : BLOOMINGDALE’S
retailers.
SAKS FIFTH AVENUE : MACY’S THEGARDENSMALL.COM
NORDSTROM : BLOOMINGDALE’S

THEGARDENSMALL.COM

Neighborhood gifts. Philanthropic endeavors THE GARDENS MALL
include creating long lasting, multiple touch

point partnerships, creating a loyalty to

The Gardens Mall and our community that is

second to none.

the gardens maLL the gardens maLL MEDIA PARTNERSHIPS
LUXURY RETAIL WITH NO EQUAL LUXURY RETAIL WITH NO EQUAL
The Gardens Mall boasts incredible partnerships
3101 PGA BOULEVARD | PALM BEACH GARDENS, FLORIDA 33410 | 561.775.7750 that dovetail into our strategic initiatives to
support our retailers through editorial and visibility.
SOCIAL MEDIA Included in this are multiple media partners who
sponsor many of our on-mall signature events.
Social media presence through
multiple channels engages RETAILER EXPOSURE
consumers through Facebook,
Instagram and our targeted digital Multiple opportunities exist for
advertising. Engagement of The retailers to be featured in our direct
Gardens Mall’s Facebook page is mail initiatives, website home page, social
some of the best in the world; with media posts and e-blasts, merchandise
our fans constantly supporting displays throughout the mall, partnership
branding initiatives. Fashion in signature “hallmark” holiday promotions,
blogs and ongoing editorial on to name a few.
the website and within our special
events support these initiatives.

the Forbes company

theforbescompany.com