CONFIDENTIAL OFFERING DE TURK WINERY VILLAGE | HIGH DENSITY MULTI-FAMILY DEVELOPMENT OPPORTUNITY Santa Rosa, CA | Sonoma County
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CONFIDENTIAL OFFERING DE TURK WINERY VILLAGE | HIGH DENSITY MULTI-FAMILY DEVELOPMENT OPPORTUNITY Santa Rosa, CA | Sonoma County Bldg A Proposed Site Plan – Approved Design Review Approval for 185 Multi-Family Housing Units, Plus Approximately 18,602 Sq. Ft. of Existing Commercial Buildings Within the Downtown Santa Rosa Station Area Specific Plan - Transit-Oriented Development (TOD) Rhonda Deringer, Partner James P. Sartain, SREA Brian Keegan, SREA Keegan & Coppin Company, Inc. [email protected] [email protected] [email protected] 1355 N. Dutton Ave, Santa Rosa, CA 95401 Lic #: 01206401 Lic #: 01227927 Lic #: 01809537 707.528.1400 x 267 | www.KeeganCoppin.com The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein. Keegan & Coppin Company, Inc. 2019 CONFIDENTIAL OFFERING DE TURK WINERY VILLAGE | HIGH DENSITY MULTI-FAMILY DEVELOPMENT OPPORTUNITY Santa Rosa, CA | Sonoma County TABLE OF CONTENTS SECTION 1 Summary SECTION 2 Unit Composition SECTION 3 Overview SECTION 4 Architectural Plans & Renderings SECTION 5 History & Preservation of Structures SECTION 6 Location Description SECTION 7 Photos & Aerials SECTION 8 Location Description SECTION 9 Market Overview SECTION 10 SMART - Transit Station SECTION 11 Location Maps / Downtown Maps SECTION 12 Disclaimer View Northwest The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein. Keegan & Coppin Company, Inc. 2019 CONFIDENTIAL OFFERING DE TURK WINERY VILLAGE | HIGH DENSITY MULTI-FAMILY DEVELOPMENT OPPORTUNITY Santa Rosa, CA | Sonoma County SUMMARY LOCATED AT • 8 West 9th Street & 806 Donahue Street, Santa Rosa, CA - Sonoma County California 2 Parcels - APN's: 010-091-001 and 010-091-007 LAND AREA • 3.58± Acres Total After Vacation Action - 3.15± Acres - Plus, Approximately .43 Acres to be Acquired from the City of Santa Rosa (Vacating of Right-of-Way) PROPOSED DEVELOPMENT – APPROVED Design Review Approval, Vacation of Right-of-Way Approval & Approval for Landmark Alteration. 185 Multi-Family Units - Plus 18,602± Sq. Ft. of Existing Commercial Building for Neighborhood & Project Serving Commercial Uses. 164± Parking Stalls Provided (on- & off-site). 4 Building Development Opportunity (185 Residential Units [15 Affordable Units] 269,100± SF Residential/ Commercial Space/Parking Areas): • Building A – Proposed New Building Housing 84 Units – Totaling 73,550± SF • Building B – Existing Building (Brick) Housing 32 Units – Totaling 33,800± SF • Building C – Existing Building (Brick) No Housing Units – Totaling 51,500± SF with Commercial Spaces Plus 63 Parking Spaces • Building D - Proposed New Building Housing 69 Units – Totaling 110,250± SF Additional Bonus Density Potential to increase the number of multi-family units to 285 units by replacing 18,602± sf of the commercial building. EXISTING BUILDINGS • 106,000± Sq. Ft. of Commercial & Industrial Buildings (Leased - Multi-Tenant) • Of which, 87,000± Sq. Ft. to be Redeveloped to Multi-Family Residential and Parking Areas • 18,602± Sq. Ft. of existing commercial building to remain for Neighborhood Commercial Services • Brick/Masonry Construction - Built in 1876 - Mostly Structurally Upgraded • Concrete Block Construction - Built in 1950's (Proposed to be demolished) • 14± Units/Tenants from 5,000± sf - 10,000± sf each - Contiguous - Commercial & Warehouse Uses • Multiple Roll-Up Doors & Dock High Loading; Fire Sprinkler Systems in Buildings; 18'-24' Ceiling Heights Avg.; Fenced Yard Area & Parking; Electrical Power - 800 amps (W. 9th) & 1200 amps (Donahue); Office Space (10,000± sf) throughout & some Residential conditioned • General Plan Designation: Transit Village Medium Residential • Zoning: TV-R-H-SA – Transit Village – Residential; Station Area Combining District (25-40 ac.) PRICE UPON REQUEST / OR JV OPPORTUNITY The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein. Keegan & Coppin Company, Inc. 2019 CONFIDENTIAL OFFERING DE TURK WINERY VILLAGE | HIGH DENSITY MULTI-FAMILY DEVELOPMENT OPPORTUNITY Santa Rosa, CA | Sonoma County UNIT COMPOSITION (AS APPROVED UNDER RE-DESIGN) 185 Multi-Family Units - Plus 18,602± SF of Existing Commercial Building for Neighborhood & Project Serving Commercial Uses. Unit Composition (1 and 2 Bedroom Units) (Includes 15 Affordable Units - Very Low Income) Building A: 84 Units Building B: 32 Units Building C: Commercial & Parking (No Residential Units) Building D: 69 Units BUILDING “A” (73,550± SF) – 84 UNITS – NEW BUILDING This area is currently being used for parking. This area will be replaced by an 84 unit apartment building, four stories high. Parking for Building “A” will be provided as shown on the site plan. 79-1 bedroom/5-2 bedroom units. BUILDING “B” (33,800± SF) – 32 UNITS Two Commercial/Industrial units totaling approximately 10,000 sq. ft. with parking spaces exist. This Building will remain and be converted to 32 residential apartment units, four stories high with 8 ground floor units and 8 second/third/fourth floor apartment units per floor. Parking will be provided as shown on the attached site map. 32-1 bedroom units. Bldg A Bldg B Bldg A The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein. Keegan & Coppin Company, Inc. 2019 CONFIDENTIAL OFFERING DE TURK WINERY VILLAGE | HIGH DENSITY MULTI-FAMILY DEVELOPMENT OPPORTUNITY Santa Rosa, CA | Sonoma County UNIT COMPOSITION (CONT.) BUILDING “C” (51,100± SF) (NO HOUSING UNITS) This Building is currently being used as Industrial and Commercial units, including neighborhood fitness facilities and café. Commercial units will remain in this building, plus parking, as shown on attached site plan. A park and entrance to the building and retail commercial uses will also be located in this area. The commercial spaces will be neighborhood serving commercial of approximately 18,602 square feet. Also, with 63 parking spaces inside this building. BUILDING “D” (110,250± SF) – 69 UNITS – NEW BUILDING Currently being used as Industrial units. This use will be replaced by approximately 69 residential apartment units, (one and two bedroom units), as shown on attached drawings. Located in a four story building. See attached elevations-12 units on each floor on Donahue Street and the remaining units on the podium to the rear of the property, 25-1 bedroom units and 44-2 bedroom units. Also, there are 59 parking spaces inside this building. AFFORDABILITY Bldg C 15 units are Very Low Income. Bldg D Bldg D The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein. Keegan & Coppin Company, Inc. 2019 CONFIDENTIAL OFFERING DE TURK WINERY VILLAGE | HIGH DENSITY MULTI-FAMILY DEVELOPMENT OPPORTUNITY Santa Rosa, CA | Sonoma County Bldg D Bldg D Bldg D The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein. Keegan & Coppin Company, Inc. 2019 CONFIDENTIAL OFFERING DE TURK WINERY VILLAGE | HIGH DENSITY MULTI-FAMILY DEVELOPMENT OPPORTUNITY Santa Rosa, CA | Sonoma County OVERVIEW PROJECT DESCRIPTION (PROPOSED & APPROVED) Design review approval & approval for landmark alteration permit and vacation of right-of-way approval for 185 multi-family units (approval of a 35% density bonus), plus approximately 18,602 sq. ft. of existing commercial building within the downtown Santa Rosa Station Area Specific Plan - Transit-Oriented Development (TOD). Located in downtown Santa Rosa in the West End & North Railroad Square Preservation Districts. Unit Composition (1 and 2 Bedroom Units) (Includes 15 Affordable Units - Very Low Income): Building A: 84 Units - 73,550± sf Bldg A Building B: 32 Units - 33,800± sf Building C: No Residential Units -51,500± sf Building D: 69 Units - 110,250± sf • A Total of 269,100± square feet of High Density Multi-Family Units, Commercial Building (Existing) of 18,602± sf, and parking areas • 164± Parking Spaces Provided, which Includes 42 Curb Side Parking Spaces on Street • Located in Downtown Santa Rosa in the West End & North Railroad Square Preservation A transit-oriented development (TOD) site - A mixed-use residential and commercial area designed to maximize access to public transport, and often incorporates features to encourage transit ridership. Additional Bonus Density Potential to increase the number of multi-family units to 285 units by replacing approximately 16,000±sf of the commercial building. Bldg A Bldg D The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information