New Hotel Development New Hotel Development 100 SABIN STREET, PROVIDENCE, RHODE ISLAND 100 SABIN STREET, PROVIDENCE, RHODE ISLAND
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FOR LEASE FOR LEASE New Hotel Development New Hotel Development 100 SABIN STREET, PROVIDENCE, RHODE ISLAND 100 SABIN STREET, PROVIDENCE, RHODE ISLAND HOTEL GROUND FLOOR AVAILABLE 6,300 SF (SUBDIVIDABLE) 2017 DEMOGRAPHICS 0.5 miles 1 mile 2 miles Estimated Population 7,338 31,918 133,675 6,300 SF SUBDIVIDABLE AVAILABLE Estimated Households 3,492 11,637 46,981 FEATURES Estimated Average Household Income $60,555 $60,009 $60,147 + The fully-permitted Residence Inn will be a nine story hotel with 176 units Employees 35,861 82,205 122,941 + Opportunity includes a separate entrance, separate valet area, and quick access to/from Interstate 95 + Located in the heart of downtown Providence across from the Rhode Island Convention Center (254 CONTACT US events per year) and the Dunkin’ Donuts Center Paul Grossman Charlie Jennings + Extremely high office density, including the new GE Digital division with hundreds of new jobs, and First Vice President Associate daytime and residential population in the immediate area +1 617 912 6863 +1 617 912 6865 [email protected] [email protected] + In proximity to public transportation, parking, restaurants, shopping and numerous colleges and universities including Brown University, RI School of Design, Johnson & Wales University, and Roger © 2017 CB Richard Ellis - N.E. Partners, LP. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any Williams University (new location at 1 Empire Plaza) projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. + Expected delivery anticipated for late 2018 CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. www.cbre-ne.com www.cbre-ne.com CB Richard Ellis – N.E. Partners, LP, a CBRE Joint Venture CB Richard Ellis – N.E. Partners, LP, a CBRE Joint Venture FOR LEASE New Hotel Development 100 SABIN STREET, PROVIDENCE, RHODE ISLAND 100 SABIN STREET (RENDERING) WESTMINTER SQUARE BUILDING 350,000 RSF OFFICE 95 100 WESTMINTER STREET 111 WESTMINSTER STREET PROVIDENCE PROVIDENCE BILTMORE HOTEL 350,000 RSF OFFICE 350,000 RSF OFFICE CITY HALL 289 ROOMS 40 WESTMINSTER STREET ONE FINANCIAL PLAZA JOHNSON AND WALES 225 TEXTRON HQ 322,284 RSF OFFICE UNIVERSITY 230,000 SF 17,230 STUDENTS/1,676 STAFF 128 100 SABIN STREET 4 6,300 SF SUBDIVIDABLE THE RESIDENCES OMNI HOTEL BROWN UNIVERSITY RHODE ISLAND 100 CONDOS 564 ROOMS 8,619 STUDENTS/ 736 STAFF SCHOOL OF DESIGN Proposed Hotel Perspective Looking East on Sabin RHODE ISLAND 111 Fountain Street, Providence, R.I. DDRC Presentation 2.8.2016 CONVENTION CENTER 254 EVENTS 12,400 CAPACITY U.S. DISTRICT COURT OF RHODE ISLAND KENNEDY PLAZA RHODE ISLAND ONE CITIZENS PLAZA RIPTA/ 69,000 PER DAY SCHOOL OF DESIGN CITIZENS BANK HQ 2,282 STUDENTS/ 750 STAFF 224,100 RSF OFFICE WATERPLACE 210 ROOMS 193 LUXURY CONDOS AVALON AT CENTER PLACE 225 UNITS PROVIDENCE PLACE MALL 95 500 EXCHANGE STREET BLUE CROSS BLUE SHIELD HQ WATERPLACE PARK/ GTECH CENTER WATER FIRE 210,000 RSF OFFICE 325,000 SF 225 128 4 PROVIDENCE STATION RHODE ISLAND 660,267 AMTRACK STATE HOUSE PASSENGERS PER YEAR.