The Dunes Business Park Land Sales & Build-To-Suit Opportunities

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The Dunes Business Park Land Sales & Build-to-Suit Opportunities

PEBBLE BEACH CARMEL PACIFIC GROVE MONTEREY

SAND CITY

SEASIDE

Light Fighter Drive

Highway 1 THE DUNES BUSINESS PARK

THE DUNES ON MONTEREY BAY Second Avenue

Imjin Parkway

MARINA

CONTENTS Project Location 2 Project Description 3 Overall Project Site Plan 4 Available Lots 5 BUSINESS PARK Area Information 6 Michael Schoeder | LIC. 00989268 Josh Jones | LIC. 01352818 Project Location 831 | 375 8000

Gilroy Santa Cruz

Watsonville

Monterey 3rd Ave Bay

ia rn o lif Imjin Ca The Dunes Business Park 10th

9th 9th

8th

6th 5th Marina 4th The Dunes on 3rd 3rd Monterey Bay Salinas Cal State CSUMB 1st University

2nd Ave 2nd Monterey Bay 1st Ave Seaside

Monterey

Pebble Beach Monterey Airport

Carmel

• Located on the Site of Historic • Adjacent to California State Fort Ord in the City of Marina University Monterey Bay

• Convenient Access From • Near Marina Municipal and Highway 1 via Imjin Parkway Monterey Peninsula Airports

BUSINESS PARK

925 | 245 3650 Michael Schoeder | LIC. 00989268 Josh Jones | LIC. 01352818 Project Description 831 | 375 8000

OFFICE/R&D/FLEX OPPORTUNITIES Located in the City of Marina, just off Highway 1 at Imjin Parkway, The Dunes Business Park offers an Office/R&D/Lite Industrial owner or tenant the opportunity to purchase, or build-to-suit for purchase or lease, the only location in Monterey County with ocean beach access, views of the bay and walking distance to a wealth of retail amenities. This Office Research zoned land will allow for a wide variety of uses, including office, R&D and other clean, lite industrial uses. The Available Lots section shows various size parcels, however, the flexibility exists to adjust lot lines and combine lots up to 17 acres. While water is an issue throughout most of the Monterey Peninsula for commercial or residential development, The Dunes Business Park has all water rights secured for 100% build-out. The opportunity of a life time is available now. PROPERTY HIGHLIGHTS • Lots range in size from 0.9 to 3.1 acres; can be combined up to 17 acres • Pricing: Land — $10.00 to $15.00 PSF Build-to-Suit — Based on specific needs • Zoning: Office Research — allows for a wide variety of office, R&D and lite industrial uses. • Allowable SF: Lots can accommodate 10,000 to 250,000 square feet • Delivery Condition: Rough graded pad with utilities to street; off-site and common area infrastructure completed to allow proper ingress and egress to the park • Unparalleled ocean views with beach access through walking path under Highway 1 • Walking distance to retail amenities, including The Dunes regional power center and future 10th Street Retail District and restaurants; • Tenant signage available, with visibility from Highway 1 • Tentative Map approved

BUSINESS PARK

925 | 245 3650 Michael Schoeder | LIC. 00989268 Josh Jones | LIC. 01352818 Overall Project Site Plan 831 | 375 8000

HOTEL

MEDICAL

REGIONAL IMJIN PARKWAY CENTER MEDICAL RETAIL

HOTEL FUTURE 10TH STREET

SCHOOL THE DUNES BUSINESS PARK (OFFICE/R&D)

CITY PARK

CITY PARK 2ND AVENUE 1ST AVENUE

CSUMB 4TH STREET

FUTURE OFFICE/R&D PARK

1ST STREET

FUTURE DEVELOPMENT At completion, The Dunes on Monterey Bay master-planned community will cover more than 400 acres and include 1,200 residences, a 17-acre and 40-acre business parks, hotels, medical facilities, schools and two distinct retail districts. The first phase, a regional power center occupied by Target, Kohl’s, Bed Bath & Beyond, Old Navy, Michael’s, REI and Best Buy, opened in 2007. The future 10th Street retail district will undoubtedly become the heart of the community with its town square, rich landscaping, and bicycle and pedestrian paths that connect to the beach, parks and surrounding homes to complement the business park.

BUSINESS PARK

925 | 245 3650 Michael Schoeder | LIC. 00989268 Josh Jones | LIC. 01352818 Available Lots 831 | 375 8000

OLD NAVY

BEST BUY 2ND AVENUE 2ND

Future 10TH STREET Cinema

HIGHWAY 1

F B

C H 9TH STREET G

D OFFICE/R&D/FLEX SPACE FOR SALE OR B TS RESTAURANT OPPORTUNITIES EXISTING RETAIL CENTER FUTURE RETAIL DISTRICT

A Office/R&D/Flex - Approximately 3.1 Acres E Office/R&D/Flex - Approximately 2.0 Acres

B Office/R&D/Flex - Approximately 0.9 Acres F Office/R&D/Flex - Approximately 2.5 Acres

C Office/R&D/Flex - Approximately 2.7 Acres G Office/R&D/Flex - Approximately 2.0 Acres

D Office/R&D/Flex - Approximately 1.6 Acres H Office/R&D/Flex - Approximately 1.5 Acres

BUSINESS PARK

925 | 245 3650 Michael Schoeder | LIC. 00989268 Josh Jones | LIC. 01352818 Area Information 831 | 375 8000

TOURISM The Monterey Bay Region remains one of the premiere tourist destinations in the United States. More than eight million tourists visit the region each year with 65% - 70% staying in the area for a minimum of three nights. Many visitors enjoy the area activities including over 24 area golf courses.

ATTRACTIONS • Pebble Beach Concours d’Elegance • Monterey Bay Aquarium • Monterey Bay National Marine Sanctuary • Cannery Row • Laguna Seca Raceway • Wineries with over 25 Tasting Rooms • Monterey Wine, Jazz & Blues Festival • Seventeen Mile Drive and Pebble Beach • AT&T Pro Am Golf Tournament • Carmel by the Sea

CSUMB Established in 1994 on part of the former Fort Ord Base, California State University Monterey Bay is ideally situated between Monterey Bay and Salinas Valley. The 1,365-acre campus brings together students and faculty in the heart of a premiere California location. The University will offer 30 undergraduate and graduate programs including Marine Biology, Foreign Language, and Computer Sciences. Current enrollment is over 3,500 students with expected to exceed 10,000. Employs more than 300 faculty members and 400 support staff members.

BUSINESS PARK

925 | 245 3650 Michael Schoeder | LIC. 00989268 Josh Jones | LIC. 01352818 Residential Developments 831 | 375 8000

Marina Station—Located two miles north of The Dunes, this 320 acre project located within the City of Marina is fully entitled for 1,360 residential units, 650,000 SF of industrial space, 145,000 SF of o ce space and a 60,000 SF neighborhood retail MCFADDEN RD. center. The developer is DEL MONTE BLVD. processing his infrastructure 1 plans with the City of Marina. COOPER RD.

Cypress Knolls—The City of Marina has approved this 190-acre development for 712 residential units and 60 bed assisted living facility. Cypress MARINA Knolls is directly adjacent to The Dunes MUNICIPAL northern border and is owned by the AIRPORT W. BLANCO RD. City of Marina who has issued an RFP for a private entity to develop this East Garrison Village—This entitled property. 244-acre community is located in RESERVATION RD. unincorporated Monterey County about 4.5 miles east from the Dunes development. The County has approved this development for 1,470 homes. Mass grading is The Dunes on Monterey Bay— complete and a majority of the The residential component of this backbone infrastructure has been 400-acre mixed use community will installed. This land was purchased include 1,250 residential units that IMJIN RD. recently by a local Monterey include apartments, live/work units, based residential developer. townhouses and single family detached Marina Heights—This 248 acre homes along with the 700,000 SF of project located one mile from retail and 750,000 SF of o ce/R&D the Dunes and is fully entitled for approved for this development. 1,050 single family homes and INTER-GARRISON RD. 192 aordable units. The backbone infrastructure is installed and the rst 300 lots are nished and ready to build on. The developer is waiting for the residential market to improve before vertical construction will start.

WATKINS GATE RD.

NORMANDY RD.

EUCALYPTUS RD.

COE AVE.

Seaside Resort Development— The Developer has completed the $14M upgrade of the Bayonet and Black Horse golf courses at this destination resort. The next phase of development located about The Dunes on Monterey Bay two miles south of The Dunes will include a four-star hotel with approximately 330 rooms, 170 condominiums and 125 custom Status of Surrounding Residential Developments residential lots fronting the two golf courses. FREMONT BLVD. The rst 29 residential lots at “The Enclave at Residential Summary—There are over 6,000 residential units fully entitled GENERAL JIM MOORECypress BLVD. Grove” are available for sale. within 5 miles of The Dunes on Monterey Bay retail development.

BUSINESS PARK

925 | 245 3650