Retail Leasing Information 11Th & Figueroa | Los Angeles, Ca 90015

Total Page:16

File Type:pdf, Size:1020Kb

Retail Leasing Information 11Th & Figueroa | Los Angeles, Ca 90015 RETAIL LEASING INFORMATION 11TH & FIGUEROA | LOS ANGELES, CA 90015 Ed Sachse | 310-887-6250 Lee Shapiro | 310-887-6226 Justin Weiss | 213-538-8631 Diane Brandes | 818-383-3179 www.collectionatoceanwide.com PROOJJECT VIEW Reetaaili Entrancce on Figueroa did reectctlyly accross fromo Stapless Cennter Oceanwide Plaza | AN ICONIC PROJECT WITH LOCAL IDENTITY & GLOBAL APPEAL Located on 4.6 acres across from Staples Center, in the heart of the entertainment district in Downtown L.A., Oceanwide Plaza is a transformative mixed-use project – an exciting gathering place for visitors, residents and daytime workers. Ɠ ɧ TOTAL PROJECT SIZE RETAIL SPACE LUXURY CONDOS 5-STAR HOTEL EXPECTED DELIVERY 1,488,101 SF 153,000 SF 504 Units 183 Rooms Q4 2018 DTLA Demographic Snapshot Downtown Los Angeles 500,000 daytime employees 60,000 residents; projected to grow ±30% by 2018 7th Street / Metro Center $98,700 avg. median household income of residents Ritz-Carlton 66% of residents are ages 23-44 LA Live 79% of residents have a college degree or higher Microsoft Theater Staples Center 19 million annual visitors to DTLA 0 0 DAY Staples Center: 4 million visitors 0 , ER P and 250 events per year 5 RS 6 CAC 2 LA Convention Center: 2 million visitors and 350 events per year LA Convention Center Pico Station LA Convention Center 14.9 million passengers travel through the 7th St./Figueroa Metro station annually SECOND FLOOR RETAIL Flower St. Suite Size (SF) T 2,493 AE U 2,165 V 979 FITNESS W 2,035 T X 3,284 Y 2,452 U Z 7,758 AB 15,014 AC 15,023 Z 12th St. AA 5,667 V W X Y AE 8,125 11th St. QSR QSR Hotototelel / QSR Total Second Floor: ResResesideididedentintntit alal 64,995 SF OPEN TO OPEN TO OPEN TO BELOW BELOW BELOW ESCALATOR ESCALATOR AB AC AA RESTAURANT RETAIL / RESTAURANT ELEVATOR Figueroa St. Suite Size (SF) Suite Size (SF) A 1,371 M 4,741 GROUND FLOOR RETAIL B 11,908 N 6,810 C 2,618 O 4,667 D 2,960 P 6,342 RESIDENTIAL ɠ COMMERCIAL E 2,600 Q 6,342 Flower St. PARKING LOADING PARKING F 1,237 R 4,667 G 1,191 AD 2,633 H 1,268 AF 1,106 A I 1,267 AG 1,106 RESIDENTIAL RESIDENTIAL RESIDENTIAL TOWER BAR TOWER TOWER J 1,979 AH 2,633 LOBBY LOBBY LOBBY SPECIALTY K 2,606 S 5,581 L 2,776 ZZ 7,788* N Total Ground Floor M C & Basement: RESTAURANT 88,197 SF 11th St. HOTEL HOTEL LOBBY K L VALET D EFGHIJ M/K&L MARKET 12th St. AD AH ESCALATOR AF AG ESCALATOR B CAFÉ/ENTERTAINMENT S O P ELEVATOR Q R Figueroa St. ZZ Site Plan Key: Retail Restaurant/Food Use * Basement Level 7,788 SF Kennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE #00746768) makes no warranty or representation as to the accuracy of the information contained herein. Terms of sale or lease and availability of the property are subject to change or withdrawal without notice. FULL CITY BLOCK ON FIGUEROA, DIRECTLY ACROSS FROM STAPLES CENTER RETAIL GALLERIA AND COMMUNITY EVENT SPACE 35,000 SF LED DISPLAY RIBBON Kennedy Wilson | 151 S. El Camino Drive, Beverly Hills, CA 90212 | 310-887-6400 | www.kennedywilson.com.
Recommended publications
  • 2.0 Project Description
    2.0 PROJECT DESCRIPTION A. INTRODUCTION Jia Yuan USA Co, Inc., the Applicant, proposes to develop a mixed‐use residential, hotel and commercial project (the Project), located on an approximately 2.7 acre (116,660 square feet) ‘L’‐shaped site (Project Site) bounded by S. Figueroa Street to the west, S. Flower Street to the east, W. Olympic Boulevard to the north, and 11th Street to the south. The Project Site is located in the southwest portion of the Downtown community of the City of Los Angeles (City) which falls within the South Park district of the Central City Community Plan Area. The Project Site is in a highly urbanized and active area adjacent to LA LIVE, Staples Center Arena, Microsoft Theater, and in close proximity to the Los Angeles Convention Center. The Project Site is currently developed with the nine‐story Luxe City Center Hotel (Luxe Hotel) and surrounding surface parking lots, which would be removed to support the Project. The mixed‐use Project would include up to approximately 1,129,284 square feet (sf) of floor area (approximately 9.7:1 FAR) in three towers atop an eight level podium (Podium) with four levels above grade and up to four levels below grade. The Project would include a total of up to 300 hotel rooms, 650 residential condominium units, and up to approximately 80,000 sf of retail, restaurant, and other commercial uses.1 The residential tower (Residential Tower 1) located at the corner of S. Flower Street and 11th Street would be 32 stories and would include up to 290 residential units.
    [Show full text]
  • THE REVIVAL of DTLA Development Projects That Changed the Downtown Los Angeles Landscape, 2012-2017
    THE REVIVAL OF DTLA Development projects that changed the Downtown Los Angeles landscape, 2012-2017. This publication was prepared by: Central City Association Jessica Lall, President & CEO, [email protected] Marie Rumsey, Vice President of Public Policy, [email protected] Tina Oh, Director of Communications, [email protected] Joanne Danganan, Associate Director of Public Policy and Membership, [email protected] About CCA 626 Wilshire Blvd., Suite 850 | Los Angeles, CA 90017 Established in 1924, Central City Association of Los Angeles (CCA) is the premier advocacy organization in the region and leading visionary on the future of Downtown Los Angeles. Through advocacy, influence and engagement, CCA enhances Downtown LA’s vibrancy and increases investment in the region. CCA represents the interests of 400 businesses, trade associations and nonprofit organizations that together employ more than 350,000 people in Los Angeles County. www.ccala.org Graphic Design by: Kevin Begovich and Graphic Productions Reproduction of this document is prohibited without the permission of CCA. FOREWORD Once deserted at 5 p.m. every weekday and most weekends, Downtown Los Angeles (DTLA) is now the place to be for culinary and cultural adventures, with streets alive and active late into the night. Moreover, DTLA has been revived as an international destination, thanks in no small part to CCA’s members, who had the faith and the vision to advance a vibrant city center. The first of its kind by CCA, this publication offers a glimpse of what some of our members’ projects have contributed to the city at large and how they have transformed DTLA, its neighborhoods, and its identity for the better.
    [Show full text]
  • Brandon Michaels
    1036 BRANDON S. GRAND AVENUE MICHAELS LOS ANGELES, CA 90015 GROUP 1 INVESTMENT ADVISORS BRANDON MICHAELS SAM LIBEROW Senior Managing Director Investments Vice President Investments Senior Director, National Retail Group Director, National Multi Housing Group Tel: (818) 212-2794 Tel: (818) 212-2795 Fax: (818) 212-2710 Fax: (818) 212-2710 [email protected] [email protected] License: CA #01434685 License: CA #01933858 BEN BROWNSTEIN Investment Associate National Retail Group Tel: (818) 212-2812 Fax: (818) 212-2710 [email protected] License: CA #01933858 www.BrandonMichaelsGroup.com OFFICES NATIONWIDE AND THROUGHOUT CANADA WWW.MARCUSMILLICHAP.COM 2 3 COMPLETED Luxury Hotel and Home to LA APEX II Residences UNDER CONSTRUCTION Lakers, LA Clipprs, $1 Billion luxury Holland Partner LA Sparks, LA condo & hotel, Group - 341 $500 million, twin Kings and the developed by apartments, retail 35-story towers with world’s Most 648 apartments and Fleming’s prime Chinese based 48,000 SF of retail, successful arena Steakhouse Greenland USA 2-acre rooftop park Katsuya and pool deck Tom’s Urban Cleo 205 apartments, The Los Angeles Smashburger 888 SOUTH 19,500 SF of retail Convention Center Ford’s Filling Station HOPE from CIM Group hosts annual events Lucky Strike CIM Group - 34 such as the Los Set to be complete Yard House Hoke Poke Angeles Auto Show, story tower, 526 in 2019, it includes Philz Coffee the Anime Expo, and residential units a Park Hyatt Hotel, Jersey Mike’s Subs many others. 7-story retail podium, 504 condos developed by Being 825 SOUTH based Oceanwide ATELIER HILL 1212 Group 33 story tower with FLOWER 50-story building 363 apartments, with 516 rental 10,000 SF of retail Omni Group is apartments building a pair of MACK URBAN 1036 aboev 5,000 SF high-rises with 730 TOWER of retail W.
    [Show full text]
  • Q2 Market Report
    SECOND QUARTER, 2OI8 DOWNTOWN LA MARKET REPORT Photo by Hunter Kerhart Q2 2018 MARKET REPORT ABOUT THE DCBID Founded in 1998, the Downtown Center Business Improvement District (DCBID) is a coalition of nearly 1,700 property owners in the central business district, united in their commitment to enhance the quality of life in the area. The organization has been a catalyst in the transformation of the Downtown Center District, turning it into a vibrant 24/7 destination. The mission of the Economic Development team is to improve and revitalize the District, and bring investment and new businesses to the area. We provide services to current and prospective residents, workers and businesses, including: • Development Consulting • Research and Information Requests • Events and Marketing • Monthly Housing and Office Tours • Customized Tours and Reports Whether you need information on new development, introductions to local decision-makers and influencers, or you just want to learn more about Downtown’s dynamic growth, we are the portal for information about the District and DTLA. To learn more about Downtown’s Renaissance and how to join us, visit www.DowntownLA.com. DEFINITION OF DOWNTOWN LA The DCBID defines Downtown Los Angeles as the area bounded by the 110, 101 and 10 freeways and the LA River, plus Chinatown, City West, and Exposition Park. The projects contained in this report are within a portion of Downtown Los Angeles, shown on the map to the left. 2 Downtown Center Business Improvement District Q2 2018 MARKET REPORT TABLE OF CONTENTS EXECUTIVE SUMMARY ........................................ 4 MARKET OVERVIEW Residential ........................................................ 6 Office ................................................................. 7 6 Significant Real Estate Sales ............................
    [Show full text]
  • Final Environmental Impact Report
    FINAL ENVIRONMENTAL IMPACT REPORT Fig+Pico Conference Center Hotels Project Environmental Case No.: ENV-2016-2594-EIR State Clearinghouse No.: 2016121063 Project Location: 1240-1260 S. Figueroa Street & 601 W. Pico Boulevard, Los Angeles, California 90015 Additional Locations for the Proposed Sign District: 1300 S. Figueroa Street, 535 W. Pico Boulevard, 520- 638 W. Pico Boulevard, 1220-1308 S. Flower Street, & 1309-1315 S. Flower Street Community Plan Area: Central City Council District: 14 – Huizar Project Description: The Fig+Pico Conference Center Hotels project would develop approximately 506,682 square feet of floor area in two hotel towers, providing up to 1,162 guestrooms and 13,145 square feet of retail/restaurant space on an approximately 1.22-acre development site located at 1240-1260 S. Figueroa Street and 601 W. Pico Boulevard in the Central City community of the City of Los Angeles. The Project Site currently contains a 27,800-square-foot two-story commercial building and surface parking lots, which are to be demolished. Three hotels, which are identified as Hotel A, Hotel B, and Hotel C, are to operate within the two proposed towers. Proposed Hotel A and Hotel B would be developed in a single 42-story, 529-foot tower on the northeast corner of S. Figueroa Street and W. Pico Boulevard. The Hotel A/B Tower would include 11,000 square feet of ground- floor retail/restaurant uses, up to 820 hotel guestrooms, hotel lobbies, guest amenities such as rooftop pool decks and a viewing deck, conference and meeting room spaces, signage, and parking for all three hotels (353 spaces).
    [Show full text]
  • CPC-2015-1160-DA CEQA No.: ENV-2015-1159-EIR Date: September 14, 2017 SCH No
    DEPARTMENT OF CITY PLANNING RECOMMENDATION REPORT City Planning Commission Case No.: CPC-2015-1160-DA CEQA No.: ENV-2015-1159-EIR Date: September 14, 2017 SCH No. 2016021013 Time: After 8:30 AM* Incidental Cases: CPC-2015-1158-SN-TDR- Place: Los Angeles City Hall MCUP-CUX-SPR and Council Chamber VTT-73422-CN 200 North Spring Street, Room 340 Related Cases: N/A Los Angeles, CA 90012 Council No.: 14 – Jose Huizar Plan Area: Central City Public Hearing Specific Plan: N/A Completed: May 24, 2017 Certified NC: Downtown Los Angeles Appeal Status: Not Further Appealable Applicant: Jia Yuan USA Co., Inc. Representative: Jeffer Mangels Butler & Mitchell, LLP; and, Liner, LLP. PROJECT 1020 S. Figueroa Street (716-730 W. Olympic Boulevard); 1016-1060 S. Figueroa Street; LOCATION: 607-613 W. 11th Street; and, 1041-1061 S. Flower Street PROPOSED Development Agreement for the provision of community benefits with a combined value of PROJECT: $1,131,692 in exchange for a proposed term of 10 years. REQUESTED 1. Pursuant to CEQA Guidelines, Sections 15162 and 15164, in consideration of the whole ACTION: of the administrative record, that the project was assessed in the previously certified 1020 S. Figueroa Street Project EIR No. ENV-2015-1159-EIR, SCH No. 2016021013 certified on August 18, 2017; and no subsequent EIR or addendum is required for approval of the project; and 2. Pursuant to California Code Sections 65865-65869.5 a Development Agreement between the Developer and the City of Los Angeles, for a term of 10 years. RECOMMENDED ACTIONS: 1. Find, based on the independent judgment of the decision-maker, after consideration of the whole of the administrative record, the project was assessed in the 1020 S.
    [Show full text]
  • Retail • Restaurants • Entertainment in Downtown Los Angeles
    VISUALHOUSE RETAIL • RESTAURANTS • ENTERTAINMENT IN DOWNTOWN LOS ANGELES www.CollectionAtOceanwide.com 1 ON001-01-C05-R03-South Towers.jpg VISUALHOUSE Discover a new downtown destination An Iconic Project with Local Identity & Global Appeal Located on 4.6 acres across from Staples Center, in the heart of the entertainment district in Downtown L.A., Oceanwide Plaza is a transformative mixed-use project – an exciting gathering place for visitors, residents and daytime workers. ON001-01-C06-R01-Retail-01.jpg TOTAL PROJECT SIZE RETAIL SPACE LUXURY CONDOS PARK HYATT EXPECTED DELIVERY 1,488,101 SF 153,000 SF 504 Units 184 Rooms 2019 2 3 Kennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE #00659610) makes no warranty or representation as to the accuracy of the information contained herein. Terms of sale or lease and availability of the property are subject to change or withdrawal without notice. Prospective tenants are hereby advised that all uses are subject to City approval. VISUALHOUSE The crown jewel of 164 BRANDED DTLA’s CONDOS sports & 170 CONDOS 170 entertainment CONDOS district PARK HYATT The Collection at Oceanwide Plaza is located in the South Park 184 ROOMS District of DTLA — the city’s sports and entertainment district, and the center of residential growth for the area. L.A. LIVE Staples Center and the adjacent LA Convention Center host 600 events and welcome 6 million visitors annually. By 2019, the residential population in South Park is expected to triple from 6,414 to 22,452. Source: South Park BID / South Park Stakeholders Group FIGUEROA ST. T S H T 4 2 5 1 Kennedy Wilson Properties, Ltd.
    [Show full text]