anderson building fall 2018 · vitality. from downtown red bank and the grove at shrewsbury in...

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ANDERSON BUILDING andersonbldg.com FALL 2018 RED BANK, NJ

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Page 1: ANDERSON BUILDING FALL 2018 · vitality. From Downtown Red Bank and The Grove at Shrewsbury in Central New Jersey, to the Ironworks District in Oakland, California and Crossroads

ANDERSON BUILDING

andersonbldg.com

FALL 2018R E D B A N K , N J

Page 2: ANDERSON BUILDING FALL 2018 · vitality. From Downtown Red Bank and The Grove at Shrewsbury in Central New Jersey, to the Ironworks District in Oakland, California and Crossroads

3 OVERVIEW

Project Details—Anderson Building

Redevelopment Summary

4 NEIGHBORHOODRed Bank, NJ Overview

Immediate Trade Area

6 PROJECTConcept Renderings

Elevations

Site Plan

First Floor Plan

Our Vision Board

11 METROVATION—WHO WE ARE 12 CORE INVESTMENTS

Downtown Red Bank, NJ

West Side Arts District

Properties East

Properties West

CONTENTS

Page 3: ANDERSON BUILDING FALL 2018 · vitality. From Downtown Red Bank and The Grove at Shrewsbury in Central New Jersey, to the Ironworks District in Oakland, California and Crossroads

3ANDERSON BUILDING : : RED BANK, NJ

overview::PROJECT DETAILS

THE ANDERSON BUILDING IS AN EXISTING 27,000 SF WAREHOUSE THAT METROVATION IS CONVERTING INTO AN ECLECTIC 42,700 SF, MIXED-USE BUILDING.

BUILDING SIZE 42,705 SF

OFFICE · 31,190 SF

RETAIL · 11,515 SF (10,375 FULLY LEASED TO SICKLES MARKET)

PARKING 156 on-site parking stalls

AMENITIES Roll-up garage doors and 15’ ceilings in retail

Roof deck for employees and tenant entertaining

Exposed wood beams and concrete floors

Abundant natural light

Direct access to private balcony

New Jersey Transit station immediately adjacent to site

DELIVERY DATE FALL, 2018

Page 4: ANDERSON BUILDING FALL 2018 · vitality. From Downtown Red Bank and The Grove at Shrewsbury in Central New Jersey, to the Ironworks District in Oakland, California and Crossroads

4 ANDERSONBLDG.COM

neighborhood ::RED BANK, NJ OVERVIEW

ANDERSON BUILDING

TWO RIVER THEATRE

GALLERIA

BRIDGE AVE

MONMOUTH ST

520 NEWMAN SPRINGS RD

ROUTE 35 / BROAD ST

SHREWSBURY AVE

ROUTE 35 / BROAD ST

WEST SIDE LOFTS / TRIUMPH BREWERY

RED BANK TRAIN STATIONJBJ SOUL KITCHEN

PARKWAY EXIT 109

DOWNTOWNRED BANK

ANDERSON BUILDING

Page 5: ANDERSON BUILDING FALL 2018 · vitality. From Downtown Red Bank and The Grove at Shrewsbury in Central New Jersey, to the Ironworks District in Oakland, California and Crossroads

5ANDERSON BUILDING : : RED BANK, NJ

project :: BUILDING PRECEDENT IMAGES

SOUTH AND WEST ELEVATIONS DOWN MONMOUTH ST

NORTH AND WEST ELEVATIONS

SOUTH ELEVATION FACING WEST (CORNER OF MONMOUTH ST & BRIDGE AVE)

NORTH ELEVATION FROM BRIDGE AVE

Page 6: ANDERSON BUILDING FALL 2018 · vitality. From Downtown Red Bank and The Grove at Shrewsbury in Central New Jersey, to the Ironworks District in Oakland, California and Crossroads

6 ANDERSONBLDG.COM

project ::ELEVATIONS

WEST ELEVATION

SOUTH ELEVATION (MONMOUTH STREET)

EAST ELEVATION

NORTH ELEVATION

OFFICE

RETAIL

Page 7: ANDERSON BUILDING FALL 2018 · vitality. From Downtown Red Bank and The Grove at Shrewsbury in Central New Jersey, to the Ironworks District in Oakland, California and Crossroads

7ANDERSON BUILDING : : RED BANK, NJ

project :: SITE PLAN

WEST ELEVATION

Page 8: ANDERSON BUILDING FALL 2018 · vitality. From Downtown Red Bank and The Grove at Shrewsbury in Central New Jersey, to the Ironworks District in Oakland, California and Crossroads

8 ANDERSONBLDG.COM

project ::FIRST & SECOND LEVEL PLANS

1ST FLOOR

SICKLES MARKET (LEASED)

LEASEDLEASED

2ND FLOOR

LEASED

TENANT 2 (LEASED)

1

2

Page 9: ANDERSON BUILDING FALL 2018 · vitality. From Downtown Red Bank and The Grove at Shrewsbury in Central New Jersey, to the Ironworks District in Oakland, California and Crossroads

9ANDERSON BUILDING : : RED BANK, NJ

project ::THIRD & FOURTH LEVEL PLANS

IN LEASE NEGOTIATIONS

3RD FLOOR

TENANT 3 (IN LEASE NEGOTIATONS)

4TH FLOOR

3

4

Page 10: ANDERSON BUILDING FALL 2018 · vitality. From Downtown Red Bank and The Grove at Shrewsbury in Central New Jersey, to the Ironworks District in Oakland, California and Crossroads

10 ANDERSONBLDG.COM

project ::OUR VISION BOARD

*Floor Plan Concept

Anderson Food Concept

05.29.14

Concepts

project

issuedate

phase

surround architecture, inc. - portland, or - 503.224.6484(C) 2013 Surround Architecture, inc

Page 11: ANDERSON BUILDING FALL 2018 · vitality. From Downtown Red Bank and The Grove at Shrewsbury in Central New Jersey, to the Ironworks District in Oakland, California and Crossroads

11ANDERSON BUILDING : : RED BANK, NJ

project ::OUR VISION BOARD

*Floor Plan Concept

Anderson Food Concept

05.29.14

Concepts

project

issuedate

phase

surround architecture, inc. - portland, or - 503.224.6484(C) 2013 Surround Architecture, inc

*Floor Plan Concept

Anderson Food Concept

05.29.14

Concepts

project

issuedate

phase

surround architecture, inc. - portland, or - 503.224.6484(C) 2013 Surround Architecture, inc

*Floor Plan Concept

Anderson Food Concept

05.29.14

Concepts

project

issuedate

phase

surround architecture, inc. - portland, or - 503.224.6484(C) 2013 Surround Architecture, inc

*Floor Plan Concept

Anderson Food Concept

05.29.14

Concepts

project

issuedate

phase

surround architecture, inc. - portland, or - 503.224.6484(C) 2013 Surround Architecture, inc

*Floor Plan Concept

Anderson Food Concept

05.29.14

Concepts

project

issuedate

phase

surround architecture, inc. - portland, or - 503.224.6484(C) 2013 Surround Architecture, inc

*Floor Plan Concept

Anderson Food Concept

05.29.14

Concepts

project

issuedate

phase

surround architecture, inc. - portland, or - 503.224.6484(C) 2013 Surround Architecture, inc

Page 12: ANDERSON BUILDING FALL 2018 · vitality. From Downtown Red Bank and The Grove at Shrewsbury in Central New Jersey, to the Ironworks District in Oakland, California and Crossroads

12 ANDERSONBLDG.COM

metrovation :: WHO WE ARE

Our company, founded over 25 years ago, is the

successor to Terranomics Development, upon

whose 30 years of success we build. We take a fresh

approach to every project to complement and add

value to the specific environment.

The company and its principals have developed or

redeveloped over 3,500,000 square feet of buildings

and currently hold approximately 2,250,000 square

feet of retail, office, hotel and residential properties.

Metrovation has transformed previously underutilized

areas into thriving communities infused with economic

vitality. From Downtown Red Bank and The Grove at

Shrewsbury in Central New Jersey, to the Ironworks

District in Oakland, California and Crossroads in

Bellevue, Washington, our properties have revitalized

their neighborhoods, communities and regions.

METROVATION IS A PRIVATELY OWNED SPECIALTY REAL ESTATE DEVELOPMENT COMPANY. WE CONCEPTUALIZE, CREATE, MARKET AND MANAGE UNIQUE PROPERTIES THAT BRING NEW LIFE AND NEW POSSIBILITIES TO PLACES.

Metrovation combines a market-driven

approach with intense hands-on management

and leasing. We build success by developing

the right mix of tenants to achieve long-term

stability, value and adaptability to market

conditions. We do this in every project we

undertake, whether it’s a retail, office or

mixed-use development.

Our driving force is to make places vital.

Slightly unorthodox, always original,

Metrovation has created compelling,

energetic properties that stimulate growth

while remaining true to the character of the

communities in which they are located.

Page 13: ANDERSON BUILDING FALL 2018 · vitality. From Downtown Red Bank and The Grove at Shrewsbury in Central New Jersey, to the Ironworks District in Oakland, California and Crossroads

13ANDERSON BUILDING : : RED BANK, NJ

core investments ::WEST SIDE ARTS DISTRICT

A showpiece in the District is the Two River Theater’s

spectacular home and performance space. The Red Bank

train station is also at the center of the District. It is a

landmark building, now thoroughly modernized, which is one

of the busiest commuter stations between New Jersey and

New York City. Close by, the New Jersey Transit Bus Depot

and the Yellow Car Taxi Company make this District

a transportation hub.

The Anderson Building is an 1920’s warehouse building that

will be transformed into a 40,000sf office and retail building.

Located directly across the street from the Red Bank train

station, this project will exemplify Metrovation’s commitment

to redeveloping mixed-use properties in urban settings.

RED BANK’S ARTS & ANTIQUE DISTRICT IS RICH IN CULTURE AND HISTORY. IT INCLUDES THE HISTORIC COUNT BASIE THEATER, THE MOLLY PITCHER INN, AND THE GALLERIA— A COLLECTION OF ANTIQUE STORES, UPSCALE SHOPS, RESTAURANTS AND OFFICES IN A TURN-OF-THE-CENTURY BRICK FACTORY BUILDING.

Other Metrovation projects in the neighborhood include

25 Bridge Avenue and West Side Lofts, a state-of-the-art

mixed-use development completed in 2015.

The West Side Lofts project features 91 residential units,

live work spaces and shops designed specifically as a

cluster of specialty retail and restaurants to complement

the character of the Arts & Antiques District of Red Bank.

The project is anchored by retailer, West Elm

and Triumph Brewery.

These projects represent the ideals of smart-growth

by tying into and enhancing an existing neighborhood

arts district and supporting the revitalization of mass

transportation, centered around Red Bank’s train station.

.

Commercial & OfficeAdaptive Re-Use

13

11

GARDE

N S

TATE

GARDE

N S

TATE B

RO

AD

ST

BR

OA

D S

T

BRANCH AVE

BRANCH AVE

RIVER RD

RIVER RD

FRONT ST

FRONT ST

BR

OA

D S

TB

RO

AD

ST

MA

PLE

ST

MA

PLE

ST

BR

IDG

E AV

EB

RID

GE

AVE

Shrewsbury

EXIT109

EXIT109

WEST SIDE LOFTSWEST SIDE LOFTS

25 BRIDGE AVE25 BRIDGE AVE

RED BANKTRAIN STNRED BANKTRAIN STN

ANDERSONBLDG

ANDERSONBLDG

Red Bank

Navesink River35

Page 14: ANDERSON BUILDING FALL 2018 · vitality. From Downtown Red Bank and The Grove at Shrewsbury in Central New Jersey, to the Ironworks District in Oakland, California and Crossroads

14 ANDERSONBLDG.COM

core investments ::PROPERTIES EAST

The Grove at Shrewsbury is Metrovation’s premier property

in Central New Jersey. It is the dominant center in the region,

serving the high income households in the Monmouth County

region and beyond. The 150,000 square foot lifestyle center

is a magnet for upscale shoppers who enjoy its garden-filled

streetscape environment.

The Grove’s development and success led to Metrovation’s

involvement in nearby Red Bank. Here we have been a major

factor in revitalization of the downtown with the development

of several key properties on Broad Street and beyond.

Metrovation developed another successful lifestyle center

south of Red Bank in Sea Girt, New Jersey on Highway 35.

Brook 35 Plaza has helped define a newly emerging region.

THE GROVE AT SHREWSBURY IS THE NATION’S FIRST CENTER CALLED A “LIFESTYLE CENTER.” THE MIX OF THE BEST LOCAL SPECIALTY RETAILERS AND OUTSTANDING REGIONAL AND NATIONAL STORES DRAWS AFFLUENT SHOPPERS FROM MONMOUTH COUNTY AND BEYOND. FROM THE FIRST YEAR OF OPERATION, THE AVERAGE SALES FOR FASHION RETAILERS HAVE INCREASED EACH YEAR.

Page 15: ANDERSON BUILDING FALL 2018 · vitality. From Downtown Red Bank and The Grove at Shrewsbury in Central New Jersey, to the Ironworks District in Oakland, California and Crossroads

15ANDERSON BUILDING : : RED BANK, NJ

core investments ::PROPERTIES WEST

Unique and successful Metrovation retail developments

include: Crossroads in Bellevue, Washington; Santa Rosa

Southside in Northern California; and Five Points Plaza in

Huntington Beach, California.

Hotel Healdsburg is the highly acclaimed jewel of Healdsburg,

California that epitomizes the inviting sophistication of the

North Sonoma Wine Country and is a key component of

the downtown.

Metrovation’s properties make up most of the Oakland

Ironworks District in Oakland, California. Located near Jack

London Square, The Ironworks District is a collection of

repurposed industrial buildings set in a vibrant environment

and filled with interesting tenants. The award-winning 200

Second Street, in the nearby Jack London District, was also

developed by Metrovation.

Two of our San Francisco office buildings are within the

South of Market (SoMa) area in superior locations which offer

multiple opportunities. At 650 Fifth Street in San Francisco, the

area is building all around us. Our property is across from the

Caltrain station which connects the City to Silicon Valley. It is a

few blocks’ walk from the San Francisco Giants’ ballpark and

the surrounding loft and retail district. Our current plans for

this property include Hotel SoMa, now in the planning stage.

THE VARIETY OF METROVATION’S WEST COAST PROPERTIES ILLUSTRATES THE BREADTH OF OUR DEVELOPMENT EXPERTISE.

Metrovation’s 230 California Street is an historic building

located at the foot of California Street in San Francisco’s

most prestigious business district. We are completing

redevelopment, which includes an exciting new restaurant,

sidewalk and lobby renovation, and redesigned offices.

We are continually improving our properties in keeping with

our belief that a property is never “finished” but always in the

process of “becoming.”

Page 16: ANDERSON BUILDING FALL 2018 · vitality. From Downtown Red Bank and The Grove at Shrewsbury in Central New Jersey, to the Ironworks District in Oakland, California and Crossroads

SAN FRANCISCO, CA | RED BANK, NJ | METROVATION.COM

ANDERSON BUILDING

andersonbldg.com

R E D B A N K , N J