New Park Market Place

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Cross Streets:  Ray Thorington Road and New Park Drive

Interstate Access: Interstate 85

MetroCenter: Montgomery, AL

Type Of Center:  Power Center

Featured Tenants: Retail and outparcels

Total Gross Leasable Area: 67,000 sf

Year Projected: Fall 2014

Major Employers: Maxwell-Gunter Air Force Base, State of Alabama, Montgomery Public Schools, Baptist Health and Hyundai Motor Manufacturing

  • The Montgomery MSA includes two of the fastest growing communities, and the next few years are projected to see 3,000 new homes constructed within the New Park Market Place area.
  • The New Park development is centrally located in an area that is the focal point of dramatic growth in the Montgomery MSA.
  • The metropolitan area, comprised of Autauga, Elmore and Montgomery counties, has a population of more than 369,000.
  • Home to Maxwell Air Force Base, Gunter Annex and Air University, the worldwide center for Air Force education.
  • Hyundai Motor Manufacturing Alabama is Hyundai’s first manufacturing plant in the United States and found its home in Montgomery, Alabama.
  • Within 5 miles, 83% of the households report average incomes in excess of $75,000.
  • Five (5) colleges and universities are located in the trade area.
  • Growth in residential developments near New Park is strong, with predominantly single family homes at prices ranging from $350,000 plus.

DEMOGRAPHICS

5 MILE RADIUS

10 MILE RADIUS

20 MILE RADIUS

20 MINUTE DRIVE TIME

30 MINUTE DRIVE TIME

60 MINUTE DRIVE TIME

Estimated Population 2011

85,993

207,687

323,212

210,698

261,655

525,500

Projected Population 2016

88,614

212,423

335,630

215,336

271,316

548,881

Average Household Income 2011

$83,180

$66,496

$62,781

$63,945

$63,430

$57,201

Households 2011

35,454

82,133

123,533

82,998

102,160

203,518

Median Age

34.8

34.9

35.5

 

 

Located in central Alabama in East Montgomery’s newest neighborhoods - New Park on Ray Thorington Road, just off Vaughn Road and Interstate 85

Birmingham, AL 92 miles
Mobile, AL 155 miles
Atlanta, GA 164 miles


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Cross Streets:  Ray Thorington Road and New Park Drive

Interstate Access: Interstate 85

MetroCenter: Montgomery, AL

Type Of Center:  Power Center

Featured Tenants: Retail and outparcels

Total Gross Leasable Area: 67,000 sf

Year Projected: Fall 2014

Major Employers: Maxwell-Gunter Air Force Base, State of Alabama, Montgomery Public Schools, Baptist Health and Hyundai Motor Manufacturing

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2660 EastChase Lane, Suite 100 | Montgomery, Alabama 36117-7024 | 334 260 2500 t | 334 260 2533 f
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