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Document.Pdf EXCLUSIVE RETAIL LEASING AGENT: JOSEPH KHOURI FIRST VICE PRESIDENT 216 658 6120 [email protected] THE OPPORTUNITY Located at the intersection of East 9th Street and Euclid Avenue, rising to 21 stories and accommodating acres of floorspace The Centennial is a landmark of downtown Cleveland. In 2022, The Centennial will open its doors and create a new standard for downtown office, retail, and housing. At The Centennial, mid-century meets modern in this rare opportunity to both celebrate and write Cleveland’s history. Operating as the Union Trust Building upon its completion, the bank first opened its massive headquarters at east 9th Street and Euclid Avenue in 1924. It was built by Graham, Anderson, Probst & White, the firm that also designed the Terminal Tower and a similar bank building in the Chicago loop. The grand bank lobby, the largest banking room in the world at the time of its completion, features Corinthian columns, 3-story tall barrel-vaulted ceilings, and murals by Jules Guerin, who also painted two large murals inside The Lincoln Memorial in Washington, D.C. Click to view Virtual Tour THE CENTENNIAL | PROJECT OVERVIEW Office Space: Approximately 400,000 SF of diverse Class A space offerings. Retail Space: Approximately 40,000 SF of single and multi-level retail options. Upscale Apartments: 550 Apartments High-End Luxury Housing: 61 Luxury Housing Units Amenities: High-end Restaurants, Event Space, Conference and Private Dining Rooms, Fitness Center, Rooftop Terrace, High- speed Fiber and exceptional signage and identify opportunities at Cleveland’s Premier Intersection. Parking: Abundant parking through an underground walk-way. In addition, the property will offer Valet service. CONTEMPORARY & TIMELESS SPACE The Centennial will provide Tenants a rare office and retail opportunity, capturing the ornate detail of the historic bank building complemented by modern building systems, office layouts and amenities. The highly anticipated plans for The Centennial will be announced soon, and will feature design from internationally renowned designer, McCartan, The Centennial will undoubtedly be one of the most dynamic and significant redevelopment projects in downtown Cleveland, with office space, street front and bank hall retail space, luxury apartments, event space and more. Partnering with leading experts in their respective industries, the Millennia Companies have shaped a winning team to bring the concept, design and dream to reality. Redevelopment Timeline (Pre-leasing has commenced) Summer 2018: Millennia Companies purchased the 1.36MM square foot property, which represents the biggest block of available office space in Downtown Cleveland Winter 2018: Preliminary Construction, Commence Marketing & Pre-Leasing Efforts Winter 2019: Commence interior construction for Tenant fit-outs Summer 2022: Target Tenant occupancy across Retail & Office platforms Summer 2023: Projected Project Completion Chester Avenue RETAIL 1,196 SF Main Office Common Grand Hall & Lobby Event Entrance Kitchen RETAIL 2,930 SF 1,034 SF Elevators Freight Bank Hall Bar Floors 1 - 11 Elevator Potential 2,370 SF Restaurant/ Food Hall Elevators 6,872 SF Floors 12 - 17 East 9th Street Elevators Floors 18 - 21 RETAIL 3,740 SF RETAIL RETAIL 945 SF 1,153 SF Corridor Euclid Avenue Grand Hall Low-clearance Alley Storage/ Loading Dock Loading Area Chester Avenue Retail 5,247 SF RETAIL 898 SF RETAIL Service 700 SF Area RETAIL 807 SF RETAIL 11,912 SF Freight Elevator Bank Vault Event/ Private Dining 11,006 SF East 9th Street Service Euclid AvenueArea Retail Service 5,247 SF Area Service Area Chester Avenue Upper Grand Hall Second Floor Space 13,362 SF Upper Grand Elevators Freight Hall Floors 1 - 11 Elevator East 9th Street Service Euclid Avenue Apartments Office Event Space Luxury Housing Office Apartments Upscale Apartments Office Retail/ Lobby SECOND FLOOR FIRST FLOOR RETAIL Euclid Avenue East 9th Sreet RETAIL OPPORTUNITY Euclid Avenue & East 9th Street The Epicenter of Cleveland This is Main & Main. FIRST FLOOR RETAIL 945 - 12,200 SF SECOND FLOOR RETAIL Up to 13,362 SF GROUND LEVEL RETAIL 700 - 12,000 SF Downtown Cleveland Hot Topics + Fortune 500 Companies: KeyCorp, Sherwin-Williams Co., & Parker Hannifin Corp. + PNC announced they will move 500 jobs to Cleveland + Class A Buildings: Key Tower, 200 Public Square, Fifth Third Center + IBM is moving over 200 employees into Downtown’s NineTwelve District + The $566 million Innerbelt Project, the largest single construction project in the history of the Ohio Department of Transportation was completed in 2018. + The completion of Playhouse Square’s spectacular restoration of the historic Ohio Theatre Lobby. + Campus District’s completion of renovations to E. 22nd Street, one of the key connections identified in the Downtown Cleveland Alliance report. + Downtown Cleveland is packed with events including sports, arts and culture throughout the coming years, the 2019 Major League All-Star Game, Tall Ships Festival, SPARX City Hop, Flats Festival of the Arts, and FRONT International public art exhibition. Cleveland was also awarded the 2022 NBA All-Star Game, upon the completion of the $185M dollar Quicken Loans Arena renovations. Area Retailers / Restaurants Area Residential / Hotels Area Amenities + Playhouse Square + 5th Street Arcade + East 4th Street + Cleveland Convention Center + Progressive Field Medical Mart + The Q + First Energy Stadium + Public Square + Rock-n-Roll Hall of Fame + The Arcade + Great Lakes Science Center + Northcoast Harbor EXCLUSIVE RETAIL LEASING AGENT: JOSEPH KHOURI FIRST VICE PRESIDENT 216 658 6120 [email protected] Downtown Cleveland Overview 130,000 CBD OFFICE EMPLOYEES OVER 95% 88.6% 78.4% 41,000 RESIDENTIAL TRADE RESIDENTIAL RETAIL OCCUPANCY HOTEL OCCUPANCY AREA POPULATION OCCUPANCY Willard Park Cleveland City Hall E. 13th St E. 12th St Saint Clair Ave E. 9thRockwell St Ave The Mall E. 6th St Lakeside Ave Superior Ave Perk Huntington Plaza Convention Federal Walnut Ave Center Reserve Cleveland Bank State Cleveland Playhouse University Public Chester Ave Library Ave US Vincent Square W Saint Clair Ave Courthouse E. 14th St Euclid Ave Public Square Wolstein E 4th St Center E. 9th St Prospect Ave Bolivar Rd Ontario St Superior Ave Erie Street Cemetery Huron Ave Huron Ave Quicken Loans Areana Progressive Field Carnegie Ave Innerbelt Fwy Willard Park Cleveland City Hall E. 13th St CLEVELAND BY E. 12th St Saint Clair Ave THE NUMBERS E. 9thRockwell St Ave The Mall E. 6th St Lakeside Ave Superior Ave Perk Huntington Plaza Convention Federal Walnut Ave Center Reserve Cleveland Bank State Cleveland Playhouse University Public Chester Ave 16 HOTELS Library Ave US Vincent Square 4,600+ ROOMS W Saint Clair Ave Courthouse 36 MEDIAN AGE E. 14th St Euclid Ave 200 RESTAURANTS & CAFES Public 16.2M SF OFFICE SPACE Square Wolstein23,000 RESIDENTS BY END OF 2020 E 4th St Center E. 9th St 18M ANNUAL VISITORS $8.1B TOURISM ECONOMIC IMPACT Prospect Ave Bolivar Rd Ontario St 3 PRO SPORTS ARENA Superior Ave Erie Street Cemetery 200 EVENTS QUICKEN LOANS ARENA 80+ HOME GAMES PROGRESSIVE FIELD Huron Ave 13M ANNUAL VISITORS TO JACK CASINO Huron Ave Quicken ANNUAL VISITORS TO 500,000 ROCK N’ ROLL HALL OF FAME Loans Areana 1M+ VISITORS TO PLAYHOUSE SQUARE EVENTS NEXT 7 YEARS CLEVELAND Progressive 400 CONVENTION CENTER Carnegie Ave Field $6.5B IN INVESTMENT (2008 - 2018) Innerbelt Fwy Major Sports Number Hotel Lake Erie Teams of Rooms Lake Erie Flats East Bank Voinovich Bicentennial Park Aloft 150 Proposed Lakefront Development Comfort Inn 145 DoubleTree 379 RESTAURANT & DOWNTOWN Drury Plaza 189 HOSPITALITY OVERVIEW Hampton Inn 194 CLEVELAND North Coast Harbor Hilton 600 Hilton Garden Inn 240 Holiday Inn Express & Suites 141 Hyatt Regency 293 Port of Cleveland Kimpton Schofield 122 130,000 office workers in CBD Marriott at Key Tower 175 Opening Soon: Metropolitan at the 9 156 Radisson at Gateway 142 Fortune 500 Companies: KeyCorp, Sherwin-Williams Renaissance 491 FIRST ENERGY To I-90 STADIUM Burke LakefrontResidence Airport Inn 175 Co., & Parker Hannifin Corp. Warehouse District Ritz-Carlton 205 Proposed The Westin 484 Pedestrian 2 Bridge University Hotel 161 Class A Buildings: Key Tower, 200 Public Square, Wyndham at Playhouse Square 205 Total Hotel Rooms Fifth Third Center 4,647 Downtown Cleveland Cuyahoga River EY Tower Downtown residential population is projected to reach Flats East nearly 18,000 by the end of 2017 and 23,000 by the County Bank Courthouse Cleveland end of 2020 City Hall STARBUCKS Lakeside Ave Lakeside Ave Apartment occupancy is approximately 95% W 10 Cleveland Euclid Avenue | East 4th Public Auditorium th St 2 Warehouse District Cleveland 16 hotels and over 4,000 rooms Convention STARBUCKS Global Center St Hamilton Ave Center for th St Galleria at Ontario St St Health th Erieview th Flats West E 9 Innovation Over 200 restaurants and cafes, 3 pro sports arenas W 9 St W 6 Bank th and entertainment attractions Center St Greater W St Clair Ave St Clair Ave Cleveland Aquarium E 12 St ST rd th PUBLIC Cleveland St th Jacobs SQUARE Ginza Quicken Loans Arena: 200 events E 6 Pavilion W 3 NORTH One Center Sushi House Key Tower COMING SOON: E 18 Cleveland Progressive Field: 80+ Home Games Public Public Square Library W Superior Ave Campus Superior Ave Superior Ave 13M annual visitors to Jack Casino 200 Public Fifth Third District W Superior Ave St th 6 Square Center St th The Federal E 12 500,000 annual visitors to Rock n' Roll Hall of Fame Arcade E 13 OHIO CITY Courthouse Tower Theatre District City The Porcelli’s Bistro Beacon Center St W Huron Rd Euclid Ave st Payne Ave Chester Ave E 21 1M+ visitors to Playhouse Square th 24 E East 4 St STARBUCKS Colonial th Marketplace St THE 322 Carter Rd CENTENNIAL Residential trade area population is over 41,000 CLEVELAND Cuyahoga River Chester Ave Cuyahoga River Helen Cleveland Convention Center: St Theatre th nuCLEus 150 seats Ohio Columbus Rd Public Square Westfield Theatre State 400 events projected for next 7 years.
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