Burnside Bridgehead Range | 1,837 Sf - 14,434 Sf Spaces Can Be Demised
Total Page:16
File Type:pdf, Size:1020Kb
BURNSIDE BRIDGEHEAD RANGE | 1,837 SF - 14,434 SF SPACES CAN BE DEMISED RETAIL RESTAURANT FLEX SERVICE 5 MLK NEW CENTRAL EASTSIDE DEVELOPMENT @ SE MLK JR BLVD & E BURNSIDE ST DAN BOZICH | KIA HARTLEY | 503.228.3080 | URBANWORKSREALESTATE.COM 5 MLK | 1 5 MLK Retail Space fronting MLK Jr Blvd Address 5 SE MLK Jr Blvd Area Range Central Eastside / 1,837 SF - Burnside Bridgehead 14,434 SF Uses Retail / Restaurant / Flex / Service Retail New Central Eastside Development 5MLK is located at the signalized corner of E Burnside St and NE MLK Jr Blvd. This building is poised to anchor the Burnside Bridgehead, one of Portland’s most walkable and desirable neighborhoods. The 17 story tower features 220 apartment units, 120,000 SF of office and 14,434 SF of ground floor retail. Retail spaces front NE MLK Jr. Blvd, as well as a signature glass corner opportunity at the newly signalized intersection of SE Ankeny St & SE 3rd Ave. Corner Opportunity @ SE 3rd Ave & Ankeny St 5 MLK | 2 SITE PLAN E Burnside St Lower Level Plan: Parking & Retail SE MLK Jr Blvd SE MLK Ave rd SE 3 RETAIL 1 4,474 SF Outdoor Seating or Display Area SE Ankeny St E Burnside St Level 1 Plan: Lobby & Retail Retail Layout Options: SE MLK Jr Blvd SE MLK Vertical transportation RETAIL 3 required to combine Ave 1,837 SF rd Retail 1 with Retail 2 & SE 3 Retail 3 RETAIL 2 8,123 SF Outdoor Seating or Display Area SE Ankeny St 5 MLK | 3 RETAIL 1: FLOOR PLAN & SPECS About The Space • Signature opportunity for restaurant or traditional retail • Towering 26’4” ceiling height • Floor to ceiling glass (over 20’) • Circular storefront with an expansive outdoor Ave area for outdoor seating or display rd • Direct access to 38 nonreserved parking spots SE 3 RETAIL 1 4,474 SF Outdoor Seating or Display Area SE Ankeny St RETAIL 1 | Floor to Ceiling Glass fronts SE 3rd & Ankeny St RETAIL 1 | View from Retail 2 Grade Change 5 MLK | 4 RETAIL 2: FLOOR PLAN & SPECS About The Space • Space can be leased in it’s entirety as 9, 960 SF or divisible to 1,837 SF RETAIL 3 • Floor to ceiling glass along SE MLK Jr Blvd and 1,837 SF SE Ankeny (ceiling heights ranging from 13’4’ - Jr Blvd SE MLK 16’) Ave • Exposure to over 40,000 cars per day along SE rd MLK Jr Blvd SE 3 • Access to 38 non-reserved parking stalls RETAIL 2 8,123 SF SE Ankeny St RETAIL 2 | Frontage Along SE MLK Jr Blvd & SE Ankeny St RETAIL 2 | Entrances off of SE MLK Jr Blvd 5 MLK | 5 BURNSIDE BRIDGEHEAD DEVELOPMENT The Burnside Bridghead, located on the north end of Portland’s Central Eastside District, is in the midst of an exciting renais- sance as a thriving place to live, work and play. Formerly gritty and industrial, the area is now touted to have some of the city’s most exciting architecture. New office and residential development spurs growth of daytime populations in the area as the Central Eastside remains the largest employment district in the central city outside of the downtown core. 1 2 7 8 1 6 EASTSIDE EXCHANGE THE YARD 9 123 NE 3RD 22 NE 2ND Status: Open Status: Open Developer: Beam Developer: Key Development 2 3 4 5 Details: 100,000 SF Mixed-Use & Guardian Real Estate Office Redevelopment Details: New Mixed-Use Retail/ Office/Apartments 3 4 10 SITE THE FAIR HAIRED SIDEYARD DUMBBELL 365 NE COUCH 11 NE MLK 11 Status: Delivered Status: Open Developer: Key Development Developer: Guerrilla Development Details: New 23,569 SF Mixed- Details: 50,000 SF Mixed-Use 12 Use Office Building. Office Development 5 6 7 8 AURA BURNSIDE THE VIVIAN SKYLAR GRAND PROPOSED HOTEL 77 NE GRAND 110 NE MLK NE GRAND @ DAVIS 131 NE MLK Status: Open Status: Open Status: 2022 Status: Proposed Developer: Trinsic Developer: Green Light Developer: Fairfield Res. Developer: TBD Details: New 100,000 SF Details: Redevelopment of Details: New Mixed-Use Details: Proposed 168 room, Mixed-Use Apartment Historic Apartment Building 170 Unit Apartment 8 story hotel Building into Hostel Building 9 10 11 12 SLATE TOWNE STORAGE SE 2ND & ASH COFFEE WAREHOUSE 124 NE 3RD 17 SE 3RD SE 2ND & ASH 224 SE 2ND Status: Open Status: Open Status: Proposed Status: Open Developer: Beam & UD+P Developer: Sentinel Details: New 92,000 SF Developer: Beam & UD+P Details: New 100,000 SF Mixed- Details: 100,000 SF Redevelopment Mixed-Use Industrial Office Details: Creative Office Use Office Building Leased to Autodesk Redevelopment Leased to Revant Optics 5 MLK | 6 CENTRAL EASTSIDE AMENITY MAP 1/4 mile to Oregon Convention Center Steel Bridge + 600 room new Hyatt Regency Hotel Buckman Field Park Burnside Bridge Morrison Bridge 5 MLK | 7 NEIGHBORHOOD DEMOGRAPHICS 1/4 Mile 1/2 Mile 1 Mile 2020 Population 1,170 3,462 24,522 Total Employees 3,296 15,410 102,679 Total Businesses 309 1,417 8,787 Median Household Income $51,248 $46,655 $50,564 Median Age 30.3 32.8 35.5 Some College 83.1% 77.6% 81.4% Nong’s Khao Man Gai Sizzle Pie Rontoms EVO Cup & Bar Coffee Knot Springs 5 MLK | 8 LU# 14-169513 DZMLU# 14-169513 DZM LU# 14-169513 DZM Site Circulation Site- Public Circulation and Recreational - Public and Recreational Section Section1: 1: Site Circulation - Public and Recreational Section 1: LU# 14-169513 DZM Site Circulation - Public and Recreational At the geographicAt centerthe geographic in Portland’s center in Portland’s city grid, the Burnsidecity grid, Bridge the Burnsideis a keySection Bridge is a key 1: At the geographicconnector centerbetweenconnector in Portland’sthe east between and the east and city grid,west the sidesBurnside of the Bridge westCentral sidesis aCity. keyof the Central City. connector between the east and west sidesThe of theBurnside Central Bridgehead TheCity. Burnside development Bridgehead development should facilitate shouldstrongAt theconnectionsfacilitate geographic strong to centerconnections in Portland’s to The Burnsidesurrounding Bridgehead pedestrian, surroundingdevelopmentcity bicycle, grid, pedestrian, transitthe Burnside and bicycle, Bridge transit is and a key 1 should facilitatevehicular stronglinkages connections onvehicular allconnector sides. linkages1 to between on all sides. the east and surrounding pedestrian, bicycle,west transit sides and of the Central City. vehicular linkages on all sides.1 The Burnside Bridgehead development should facilitate strong connections to surrounding pedestrian, bicycle, transit and vehicular linkages on all sides.1 LU# 14-169513 DZM Site Circulation - Public and Recreational Section 1: TRANSIT At the geographic center in Portland’s city grid, the Burnside Bridge is a key connector between the east and west sides of the Central City. BUS PEDESTRIAN The Burnside Bridgehead development 1 should facilitateSource: strong1Portland connections DevelopmentSource: toPortland Development Commission Framework Plan, STREETCAR BICYCLE surrounding pedestrian,Commission bicycle, transit Framework and Plan, 1 dated June 11, 2010 dated June 11, 2010 Source: Portland Development1 vehicular linkagesCommission on all sides.Framework Plan, dated June 11, 2010 Source: 1Portland Development Commission Framework Plan, dated June 11, 2010 U Portland Streetcar SE MLK JR BLVD & E BURNSIDE ST Portland Streetcar began service July 20, 2001 with a 2.4-mile alignment (4.8-miles round trip) from Portland State University to NW 23rd Avenue. Now, after 19 years, 5 extensions, and over 55 million riders, Portland Streetcar operates three lines around 16-miles of track in Portland’s Central City. The Nexus of the City At theSource: geographic1Portland Development center of the Commission Framework Plan, city grid, thedated Burnside June 11, 2010 Bridge is a key connector between the east and west sides of the central city. A community at the major center of urban life and commerce. 5 MLK is poised to capitalize on its location at the nexus of major vehicular, streetcar, bus, bicycle and pedestrian transit nodes. Streetcar Stats $148 million dollar project 61 stops 3.5 million riders per year 5 MLK | 9 PARKING VANS FOREVER 21 LIDS FRED MEYER COURTYARD EXPRESS MARSHALLS MARRIOTT LLOYD CENTER BLVD KITCHEN HOLLADAY VETERANS MEMORIAL OLD NAVY EDWARD PARK PLAZA COLISEUM JONES GREEN ZEBRA MACY’S PASSAGE MAC SIMPLY MODA CENTER BOOKSHOP QUALITY INN STANFORDS LEGACY ORANGE THEORY SUBWAY CU WEST POINT RED ROBIN ROSE QUARTER KAISER PERMANENTE CAFE 700 DOUBLETREE REGAL LLOYD BURGERVILLE DENNY’S HASSALO ON EIGHTH BY HILTON HOLLADAY PARK CORTADO GATHER STARBUCKS CITIZEN BAKER FOOD & DRINK GARDEN BAR CONVENTION J CAFE HOLLYWOOD VINTAGE CENTER HOTEL CAFE YUMM CENTAUR GUITAR HOTEL EASTLUND LITTLE BIG BURGER KATE O’BRIEN’S 7 VIRTUES COFFEE CITY COFFEE CITY MOTEL 6 MOTEL FIRST TECH CU FIRST LLOYD FARMERS MARKET THE ZIPPER BASILISK SLICE MULTNOMAH COUNTRY LIBRARY & ENVIRONMENTAL HEALTH CULMINATION ANATOMY TATTOO BREWING MARINA’S KAFE & DELI OREGON CONVENTION CENTER CONCORDE CAREER RAD RUCKUS COLLEGE - PDX H&R BLOCK JAGUAR STUDIO 3 JASMIN PEARL PIONEER GAS FURNACE LAND ROVER TEA COMPANY FIR KITCHEN DIRECT CHURCH PACIFIC CONTINENTAL FALLOUT COMICS WHOLE BOWL OREGON PARK TAO EVENT TABLE 6 CENTER DREAM CAKES & DELI MARKET T & K PROJECT OBJECT DOVE VIVI DOVE PIZZA DAVA BEAD AND TRADE BENSON POLYTECHNIC MATTRESS LOT HIGH SCHOOL PASTAWORKS PAMBICHE THE PIXIE PROJECT ARROSTO DOOMTOWN JUICED CONSOLIDATED OREGON CHILDREN’S NOVA COFFEE STARBUCKS CREDIT UNION RETAIL MAP HENRY HIGGINS TAILS & TROTTERS SPIRIT OF 77 BOILED BAGELS RERACK EVERYDAY MUSIC NOURISHMENT THE SUDRA BURGER STOOPID UNO MAS 24TH & MEATBALLS THE PIE SPOT NOMAD TOURNANT DUTCH BROS THEATRE BREWING MIGRATION PDX CITY SOCCER BOULDERING CIRCUIT PLAID PANTRY ALBERTINA’S HEIRLOOMS SILVER LINING JEWELRY EDIBLE ARRANGEMENTS