HISTORIC COCONUT GROVE WINTER 2018 CONTENTS
PROJECT ...... 3
NEIGHBORHOOD ...... 4. .
NEIGHBORHOOD ...... 5. .
DEMOGRAPHICS ...... 6. .
DEMOGRAPHICS ...... 7. .
SITE PLAN ...... 8
FEATURES ...... 9
PARKING GARAGE RETAIL ...... 10 . .
HANGAR RETAIL ...... 11. .
RESTAURANT & EVENT SPACES ...... 12. .
MARINA ...... 13. .
PARKING ...... 14
DEVELOPER ...... 15 . .
LEASING INFORMATION ...... 16 . PROJECT
Regatta Harbour, nestled along Coconut Grove’s historic Dinner Key, is a waterfront destination where friends and family meet, shop and dine while taking in the Grove’s renowned shoreline and public spaces.
As Coconut Grove’s growth continues, Regatta Harbour is uniquely positioned to become a go-to destination for locals and visitors alike. With direct access and views of Biscayne Bay, guests can visit by land or by sea via transient floating docks allowing day boaters to stop for lunch or meet friends for a sunset drink. Given our proximity to Regatta Park, the Bay Walk, Marina access, and surrounded by a community that thrives on outdoor activity, Regatta Harbour will be a community hub morning, noon and night with tenants that range from coffee bars and Rich with culture and history, Dinner Key was home to the yoga studios, to clothing boutiques and restaurants. first continental Naval air station from 1918 until the 1930s Not only are we connecting the waterfront, we balance marine when Pan Am took over the operations and began flying and land-based uses, creating active and passive spaces for seaplanes throughout the Caribbean and South America. the boating and non-boating communities. New docks and finger piers will also be constructed to encourage more boaters to visit. Our proximity to Regatta Park also creates a critical The last flight from Dinner Key was on August 9, 1945, but community link allowing visitors to seamlessly explore and the history lives on through the original structures which are enjoy Regatta Harbour, the bay and green spaces. still in the area, including the Art Deco terminal building, now Miami City Hall, and two of the original airplane hangars, which will be revitalized as part of our dedication to preserve this legacy. 3 NEIGHBORHOOD
9
7 11 8 12 10 6 14
13 4 2
1 15 3
5
1. Regatta Harbour 6. Peacock Park 11. Mary Street by Touzet, Offices*
2. Park Grove Luxury Residences* 7. Sonesta Hotel & Residences 12. Ritz Carlton Hotel & Residences
3. Miami City Hall 8. Engle Building Hotel* 13. Grove at Grand Bay Luxury Residences
4. Regatta Park 9. Cocowalk, Retail & Office 14. Grand Bay Offices
5. Dinner Key Marina 10. Mayfair Hotel, Offices & Retail 15. Fresh Market
*Under Construction 4 NEIGHBORHOOD
School Type Enrollment
Ransom Everglades (6th–8th Grades) Private 472
Ransom Everglades (9th–12th Grades) Private 612
Carrollton School of the Sacred Heart Ransom Everglades School Immaculata-La Salle High School Private 831 Type: Private Enrollment: 800 Type: Private Enrollment: 472 + 612
Saint Hugh Catholic School Private 336
Saint Stephen’s Episcopal Day School Private 307
Carrollton School of the Sacred Heart Private 800
Coconut Grove Montessori School Private 53 Saint Hugh Catholic School Saint Stephen’s Episcopal Day School Type: Private Enrollment: 336 Type: Private Enrollment: 307 Vanguard School of Coconut Grove Private 43
Coconut Grove Elementary School Public 461
Frances S. Tucker Elementary School Public 412
George W. Carver Elementary School Public 443
Immaculata-La Salle High School Coconut Grove Elementary School George Washington Carver Middle School Public 1,005 Type: Private Enrollment: 831 Type: Public Enrollment: 461
5 DEMOGRAPHICS
Population Households Estimated Population Density (2013): 2,299 psm Trade Area Size: 39.3 sq mi Projected Census Estimated Estimated Projected Census Census 25,401 Census 52,963 58,297 61,423 22,274 24,299 49,284 20.237
2000 2010 2016 2021 2000 2010 2016 2021
Average Household Income Median Household Income Projected Projected Estimated $147,272 Census Estimated $90,681 $121,511 Census Census Census $82,739 $95,929 $61,162 $90,824 $ $58,117 $ $ $ $ $ $ $
$ $ $ $ $ $ $ $ 2000 2010 2016 2021 2000 2010 2016 2021
6 DEMOGRAPHICS
Age Distribution (2016) Daytime Demographics (2016) Total Population: 58,297
Company Headquarter Employee Population per Business 3,508 Businesses: 40 (0.9%) 3,974 4,090 4,315 8.9 to 1 4,108 4,564 4,530 4,005 3,703 3,217 2,744 Residential Population per Business 2,546 3,032 2,530 Total Businesses: 4,341 2,376 13.4 to 1 1,811 1,840 1,404 Company Headquarter Employees: 1,770 (4.6%) Adj. Daytime Demographics Age 16 Years or Over 56,917 0-4 5-9 10-14 15-19 20-24 25-29 30-34 35-39 40-44 45-49 50-54 55-59 60-64 65-69 70-74 75-79 80-84 85+
11,037 36,797 10,463 18.9% 63.1% 18.0% Total Employees: 38,579
Monthly Household Consumer Expenditure (2016)
Total Household Expenditure: $6,669 Apparel $237 Contributions $350 Education $291 Entertainment $379 Food and Beverages $946 Furnishings and Equipment $237 Gifts $187 Retail Health Care $506 Expenditure Household Operation $211 $3,039 Miscellaneous Expenses $95 (45.4%) $3,660 Personal Care $86 Personal Insurance $56 (54.6%) Reading $15 Shelter $1,393 Non-Retail Expenditure Tobacco $35 Transportation $1,202 Utilities $474
SEE DISCLAIMER PAGE
7 SITE PLAN
2 4 1
6
7
3
5
8
1. Parking Garage / Retail 3. Retail / Hangar 5. Hangar 42 7. Afishonado
2. Boat Storage / Retail 4. Marina Dry Racks 6. Cut & Dry / Harbour Terrace 8. Floating Docks
8 FEATURES
Regatta Harbour offers a convenient location, easy visitor access, and an array of leasing options for business of diverse sizes and interests.
1. Over 80,000 sq ft of retail, services & restaurant space 2. 3 signature restaurants 3. Over 600 parking spaces in area 4. 700 ft of floating docks 5. Linked to Coconut Grove Bay Walk 6. Adjacent to Regatta Park 7. World renowned destination for boating & regattas 8. Renovated historic hangars 9. Elevated indoor / outdoor event space 10. Marina services (406 dry storage slips, upgraded & relocated fuel station) 11. Ongoing events & community programming
9 PARKING GARAGE RETAIL
Approximately 35,000 square feet of retail space available, Regatta Harbour can accommodate business of all sizes and offerings.
Our spaces will provide flexibility as all retail spaces are newly built, and ready to be customized to meet tenants’ needs. Construction will begin in January 2018, completion Spring 2019. 10 EXISTING HANGAR
38.39'
56.42' TOP OF GABLE
EXISTING HANGAR 1ST. LAYER CHART HOUSE DRIVE
2ND. LAYER .
3RD LAYER
31 PS.
12 2 9 SOUTH BAYSHORE DRIVE HANGAR RETAIL
5 5 3 38.39'
NORTH LOT 32 PS.
2 10 9 13 PARKING SPACES 7 8 5
1ST. LAYER
2ND. LAYER
3RD. LAYER 32.87'
TR @ 3.4%
9
LEASE LINE EXISTING HANGAR Boat Storage
43.21' TOP OF GABLE
THE HARBOR 73 PS. 5 PROPOSED 2 STORY 6 32.84' MIXED USE BUILDING CONCRETE UNIT PAVERS
3RD. LAYER
2ND. LAYER
1ST. LAYER 12 PARKING SPACES
1 6 6
SOUTH LOT 14 PS. 32.83'
6 PROPERTY BOSQUE LINE 43.22' TOP OF GABLE 13 EXISTING HANGAR
7
(23 ON-STREET PARKING SPACES) 32.73' REGATTA PARK PAN AMERICAN
B PM
B PM
BPM
BPM
B PM
B PM Approximately 20,000 sf each, the historic air plane hangars will be preserved and renovated, creating a unique setting for a food hall, specialty market, fitness or entertainment concept.
Construction will begin in Fall 2018, anticipated completion Fall 2019
11 RESTAURANT & EVENT SPACES
Morning, afternoon, and night, Regatta Harbour is a destination for friends and family to meet for a coffee, grab a sandwich for lunch, or enjoy the evening light during dinner - all with a view of Biscayne Bay.
With three flagship restaurant spaces and flexible retail locations for boutique food & beverage vendors, Regatta Harbour will enhance the culinary scene in Coconut Grove and Miami at large. Diners will enjoy sweeping views of the Dinner Key Marina and Biscayne Bay, a rare treat in a city surrounded by miles of shoreline, yet few waterfront dining options. Unifying and connecting the second floor of Cut & Dry, a modern chef-driven meatery, with that of Afishonado, a chef- driven seafood concept, a common rooftop event space, the Harbour Terrace will offer 4,000 square feet of air-conditioned Situated atop our waterfront restaurants, Harbour offers interior space (positioned above the fine dining restaurant) and 7,500 square feet of open platform spanning across the top exquisite indoor and outdoor event space for up to 400 people, of Afishonado. The interior space will accommodate seating accommodating corporate and private events, weddings and for up to 200 people attending wedding receptions, cocktail other celebrations. parties, corporate or civic events, and the like. The open-air area will have umbrella/table seating for another 200 persons, with breathtaking views of Biscayne Bay, historic Miami City Hall, Dinner Key Marina and other neighborhood highlights. Additionally, Hangar 42 will provide a casual dining experience designed to capture the nautical and aeronautical spirit of old Coconut Grove. 12 MARINA
With world-renowned sailing, annual regattas In addition to renovating the vintage airplane hangars, Regatta Harbour is completely reconfiguring dry storage, boat launch and and Miami’s continued love for the water, Regatta staging areas making it safer and pedestrian-friendly. The new boat Harbour is a haven for boaters, offering transient fueling facility will be relocated to the extreme southernmost corner docks as well as dry boat storage. of the property, farthest away from restaurant patrons.
13 PARKING
The convenience of both an on-site parking garage and at-grade parking directly adjacent to retail areas. 1
A partnership with the City of Miami, Regatta Harbour’s parking garage is all about convenience. Integrated into the overall site plan, and paying homage to our historic aviation past, the parking garage is easily accessed from Bayshore Drive with up to 253 parking spaces. The garage will have 24-hour security 2 and controlled entry and exit points to ensure our visitor’s safety. In addition, there are over 300 parking spaces adjacent to the retail. The property is also served by the Coconut Grove trolley system, directly connecting Regatta Harbour to Metrorail, the Brickell Financial District and downtown Miami. 3 4
1. 63 Spaces
2. 253 Spaces
3. 87 Spaces
4. 31 Spaces
5. 100 Spaces
5
14 DEVELOPER
The Treo Group, LLC (“Treo”) is a privately owned real estate investors with an emphasis on transparency, accountability, and investment and development company headquartered in value creation. Today, Treo is driven by a desire to create unique, Miami, Florida. Treo is led by an experienced team of real estate innovative, and sustainable urban development projects. Its current professionals with a proven track record of identifying and development pipeline is in excess of $200 million and includes next capitalizing on prime development opportunities. Together, the generation residential student housing, unique transit oriented principals have successfully participated in over $500 million of mixed-use development and an historic waterfront redevelopment real estate development and investments across all major asset types. project that combines retail, entertainment, and marina uses within With substantial co-investments in every project, Treo makes sure a unique urban setting. its interests are fully aligned with those of its capital partners and
15 LEASING INFORMATION
For retail, restaurant or other information, please contact us. Historic Coconut Grove
Koniver Stern Group Retail Real Estate & Brokerage
1665 Washington Avenue Penthouse Miami beach, fl 33139
305.532.6100 koniversterngroup.com Shop dine Sara Wolfe 305.799.9883 play [email protected] by the Lyle Stern 305.785.3863 bay [email protected] 16
regattaharbour.com