Categorized | Business

What Gateway At Sanatoga Marketing Says About Us

SANATOGA PA – “Another shopping center? Another mall? Haven’t we got enough already?”

An artist's rendering of a portion of the Gateway At Sanatoga.

Those questions, occasionally posed by residents in townships and boroughs across western Montgomery County PA, haunt local municipal officials.

Elected representatives acknowledge that sprawl is eating up what many of their constituents cherish about where they live. They understand the potentially negative effects increased traffic and surrounding development may have on property values. They recognize fears over the loss of open space, quiet neighborhoods, and other quality-of-life factors.

Although community leaders often share similar concerns, they generally also know this: the surprising answer to “haven’t we got enough?” – at least from the perspective of developers and retailers – probably is “not yet.”

The cover for marketing materials distributed by O'Neill about the Gateway At Sanatoga project.

Statistics now being distributed by the O’Neill Properties Group, as it continues to seek tenants for its Gateway At Sanatoga shopping and residential complex, hint at why. We’re a target that’s just too appealing.

Developer O’Neill is marketing its project, on the southeast side of the Sanatoga interchange of U.S. Route 422 in Limerick PA, with a variety of promotional materials aimed at sellers of goods and services that it hopes will want to be part of Gateway. Here’s what it tells them about us:

  • There’s plenty of consumers here. The “high-growth corridor in the suburban Philadelphia market” that envelopes 422 is packed with potential buyers of all stripes, O’Neill writes. The trading area from which it says Gateway tenants can expect to attract customers currently is home to 720,000 people, and more are on the way. Another 10,000 residential units are either under development or have been proposed within a 10-mile radius of the project. That includes 300 units O’Neill itself wants to build in Gateway, tentatively labeled as the “Lofts At Sanatoga apartment community.”
  • We’ve got money to spend. Across Gateway’s primary trading area, consisting of about a dozen zip codes, O’Neill shows the annual income inside a majority of households there ranges from $65,000 to $100,000 or more. The number of $100,000-and-higher households rises substantially when including another 30 or so zip codes in Gateway’s total trading area, O’Neill maps demonstrate. The only places that don’t fit the most desirable demographic profile are Pottstown, Sanatoga, and Stowe – the 19464 zip code – where O’Neill shows the average household income amounts to between only $50,000 and $65,000.
  • Success breeds success. The area boasts other nearby projects already completed. In the total trading area O’Neill maps pinpoint 19 neighborhood shopping centers, nine community shopping centers, one lifestyle shopping center, and one outlet center. Its implied message: we’re not the only one who thinks this is a good place for business.
  • Build it, and they will come. About 5.4 million people live within a 60-minute drive from Gateway, an O’Neill headline proclaims. Perhaps more important to retailers is an appended note; it describes their average household income as $95,000.
  • The bandwagon is rolling. Retailers hate to eat competitors’ dust, so O’Neill makes a point of telling them their competition may already be nearby. Gateway is being built next to the Philadelphia Premium Outlets, which the developer says contains more than 150 stores and is fully leased. O’Neill describes the adjacent center, owned by the Simon Property Group, as that firm’s “most successful new outlet in the U.S.”

O’Neill thinks its statistics – its compiled, selective facts about us – make a compelling case for Gateway’s success. It’s hoping retail tenants will think so too.

Related (to the Gateway At Sanatoga project):

Sign up to get The Sanatoga Post delivered free daily by e-mail. Share this article.
See our galleries for photos that appear in The Post. Got news for us? E-mail The Post.
Find The Posts on Twitter, Facebook, Linked-In, Technorati, Flickr, YouTube, and RSS

Share

2 Responses to “What Gateway At Sanatoga Marketing Says About Us”

  1. EJ Cox says:

    A word of caution here: Not long ago, a shopping center sat unused and unoccupied on High Street. In Sanatoga, an empty Rite Aid and an empty video store. A struggling Kmart may yet get the axe. At North Charlotte St the empty Rickels sat a long while. All these shops and marts met their demise in our “wonderful expanding economy.”

    We have to police these places. Crime follows money, and 422 provides a highway right to our doorsteps for venturesome criminality from the city.

    Shops next to the Turkey Hill mart, competing with other High Street business down towards the village. Another grocery store and Thriftway will struggle.

    Growth and tax base is good, but we need to recognize the quality of life around here shifting from semi-rural to suburban sprawl land.

  2. Catching says:

    EJ, I think sleep deprivation is marring your judgment.

    The phila premium outlet is one of the top malls in the country per square foot.

    The next phase of the project includes Bloomingdales, Lord and Taylor and Saks…

    Their marketing folk are a little wiser than pacos pizza or a drug store chain that chooses to place a store within 3 miles of 7 other drug stores and a store that was very difficult for seniors to access.

    So, the O Neill plan is on track and jobs will follow and crime will be a non factor.

Trackbacks/Pingbacks


From Our Sponsors

From Our Sponsors

RSS Business News

  • Pepsi drops sponsorship of horse show after video of animal abuse May 18, 2012
    NASHVILLE, Tennessee (Reuters) - Soft drink maker Pepsi said on Thursday that it was dropping sponsorship of a prestigious national horse show, one day after ABC News broadcast footage of a horse in training for a show being beaten by a trainer. […]
  • Facebook wraps up IPO, set for big Friday pop May 18, 2012
    SAN FRANCISCO/NEW YORK (Reuters) - Facebook Inc is set to raise up to $18.4 billion in its IPO and become the first U.S. company to be worth more than $100 billion at its debut, as investors bet on a big pop in the stock when it begins trading on the Nasdaq on Friday. […]
  • China second quarter GDP growth seen at 7.5 percent: government think-tank May 18, 2012
    BEIJING (Reuters) - China's annual economic growth could slow to 7.5 percent in the second quarter, largely due to curbs on the property sector and headwinds from external demand, the State Information Center, a government think-tank, said in a report published on Friday. […]
  • GM ad move followed failed Facebook pitch: sources May 18, 2012
    DETROIT/NEW YORK (Reuters) - Facebook may only have itself to blame for why General Motors rained on its IPO parade this week. […]
  • Buffett tried to buy ResCap before bankruptcy: report May 18, 2012
    (Reuters) - Billionaire investor Warren Buffett sought to buy Residential Capital (ResCap) from Ally Financial before the U.S. auto and mortgage lender put its home-lending unit into bankruptcy, Bloomberg said, citing three persons familiar with the matter. […]
  • JPMorgan unit has $100 billion in securitized assets, structured debt: FT May 18, 2012
    (Reuters) - The unit at the center of JPMorgan Chase & Co's recently revealed $2 billion trading loss has built up more than $100 billion in positions in asset-backed securities and structured products, the Financial Times said on Thursday. […]
  • Nervous investors send S&P lower for fifth day May 17, 2012
    NEW YORK (Reuters) - Stocks hit a four-month low on Thursday as rising Spanish bond yields increased investor anxiety over that country's banks and another round of weak data undermined hopes for U.S. economic recovery. […]
  • MF Global clients bash fat fees, seek quick wind-down May 17, 2012
    (Reuters) - The legal team winding down MF Global's bankruptcy estate, led by former FBI director Louis Freeh, has racked up nearly $25 million in estimated fees since its November 25 appointment. […]
  • Gupta trial could feature big corporate stars May 17, 2012
    NEW YORK (Reuters) - Lloyd Blankfein, Warren Buffett and other well-known chieftains of corporate America might be called to testify at the insider trading trial starting on Monday of former Goldman Sachs Group Inc and Procter & Gamble Co director Rajat Gupta. […]
  • JPMorgan's Dimon says will testify before Congress May 17, 2012
    WASHINGTON (Reuters) - JPMorgan Chase & Co Chief Executive Jamie Dimon has agreed to testify before Congress over the bank's recent trading losses, which have ignited a political debate over whether large U.S. banks need to be reined in by regulators or new laws. […]