the opportunity the plan the park restaurant …

18

Upload: others

Post on 22-Oct-2021

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: THE OPPORTUNITY THE PLAN THE PARK RESTAURANT …
Page 2: THE OPPORTUNITY THE PLAN THE PARK RESTAURANT …

THE OPPORTUNITY

THE PLAN

THE PARK

RESTAURANT WITH A VIEW

GRAND AVENUE

12TH & MARGO

DOWNTOWN

DTLA RESIDENTS TODAY

THE SOUTH PARK NEIGHBOR-

HOOD

AVEN BY THE NUMBERS

0 6

0 8

1 0

1 2

1 4

1 6

2 2

2 4

2 6

0 2

C O N T E N T S

1 1 2 0 G R A N D A V E / L O S A N G E L E S / C A / 9 0 0 1 5

Page 3: THE OPPORTUNITY THE PLAN THE PARK RESTAURANT …

the

op

port

unit

y

SOARING PROSPECTS

T H E O P P O R T U N I T YA V E N

With South Park quickly becoming the residential hub of Downtown, it’s only fitting to have a retail cluster that offers the neighborhood’s residents a diverse and dynamic retail experience necessary to meet their demanding lifestyle needs.

We are seeking tenants to activate Grand Avenue and Margo Street along 12th Street and to create a dynamic restaurant concept facing AVEN’s brand new public park, the first of its kind in South Park. With potential uses such as all-day food and beverage, fitness, convenience stores and pharmacies, AVEN and all South Park residents can conveniently experience everything from a great coffee spot to an urban market with grab-and-go availability.

32

Page 4: THE OPPORTUNITY THE PLAN THE PARK RESTAURANT …

Developed by Mack Real Estate Development and AECOM Capital, AVEN is the latest downtown LA high-rise development in South Park. The electrifying buzz of the city runs through AVEN at the center of a flourishing community; alive with cutting-edge eateries, world-class musicians, pioneering fashion, and talented artists.

With a clear view of the beaming Hollywood sign, at AVEN you know you live above it all.

Designed with the same Thoughtful Living™ approach that the Mack Real Estate delivers to each development and project, AVEN’s retail spaces were crafted with consideration for our future tenants’ needs, already including grease interceptors, power supply, and parking.

ELEVATED LIVING

Page 5: THE OPPORTUNITY THE PLAN THE PARK RESTAURANT …

GRAND AVENUE

RESTAURANTRETAIL 01

RETAIL 02 PATIO

MARGO ST

12TH

STR

EET

RETAIL 01

RETAIL PARKING 13 SPACES

PROMINENT SIGNAGE ALONG 12TH ST.

+/- 20 FT FLOOR-CEILING HEIGHTS

200A POWER SERVICE AVAILABLE

WATER SERVICE AVAILABLE

PROMINENT SIGNAGE ALONG GRAND AVE.

+/- 20 FT FLOOR-CEILING HEIGHTS

GREASE INTERCEPTOR AVAILABLE

200A - 400A POWER SERVICE AVAILABLE

GAS & WATER SERVICE AVAILABLE

THE PLAN

3112ft27456ft2

1214ft21814ft2

RETAIL 02

PATI

O

PROMINENT SIGNAGE OPPORTUNITIES FROM THE PARK & GRAND AVENUE

FLOOR TO CEILING STOREFRONT GLASS

FRONT & REAR PICK-UP / DROP-OFF AREAS

+/- 20 FT FLOOR-CEILING HEIGHT

GREASE INTERCEPTOR AVAILABLE

600A POWER SERVICE AVAILABLE

GAS & WATER SERVICE AVAILABLE

OUTDOOR DINING PATIO WITH PARK VIEWS

ADDITIONAL BASEMENT RETAIL SPACE AVAILABLE

A RETAIL DRIVEWAY ENTRANCEB RETAIL TRASH DISPOSALC PICKUP/DROPOFFD PICKUP/DROPOFF

REST

AURA

NT

AVEN

PAS

EO &

PA

RK

All retail spaces are build-out ready retail with special attention to mechanical venting, power needs, grease interceptor access, signage opportunities, and more.

Optimized for user experience, AVEN delivers its retail partners a picturesque setting for their customers to enjoy themselves. With lush landscaping and canopy overhangs along Grand Ave and 12th St., connectivity to our public park, expansive storefronts with high ceilings, and additional sidewalk seating, the retail spaces are designed to attract and engage repeat neighborhood customers.

T H E O P P O R T U N I T YA V E N

76

Page 6: THE OPPORTUNITY THE PLAN THE PARK RESTAURANT …

With the introduction of AVEN’s brand new public park, we have created a lifestyle center in the middle of the neighborhood experiencing the largest residential boom in all of Los Angeles. Complete with a dynamic indoor/outdoor restaurant space facing into the park and with over 9,000 SF of additional adjacent retail, AVEN is singlehandedly transforming the streetscape of South Park.

The park-side restaurant space is the perfect location for a restauranteur looking for a unique and picturesque setting in Downtown LA. It is easy to imagine how this space can be activated with an indoor bar and communal dining tables, while customers enjoy outdoor patio seating along the curated public park. With music playing, trees swaying, glasses cheering, and friends laughing, patrons can sample your delicious cuisine under the twinkling lights illuminating your private patio and the first park in South Park. This one-of-a-kind restaurant space in Downtown Los Angeles will be supported by 1,000+ new residents at AVEN, along with 65,000 local DTLA residents, providing unlimited opportunities for customer engagement and integration.

THE FIRST PARK IN SOUTH PARK

PARK-SIDE RESTAURANT OPPORTUNITY

A LIFESTYLE CENTER FOR THE NEIGHBORHOOD

T H E O P P O R T U N I T YA V E N

98

Page 7: THE OPPORTUNITY THE PLAN THE PARK RESTAURANT …

RESTAURANT WITH A VIEW

PROMINENT SIGNAGE OPPORTUNITIESFROMAVEN PARK & GRAND AVENUE

FLOORTOCEILING STOREFRONTGLASS

FRONT&REARPICK-UP/ DROP-OFFAREAS

+/-20FTFLOOR- CEILING HEIGHT

OUTDOOR DINING PATIO WITH PARK VIEWS

GREASE INTERCEPTOR AVAILABLE

600APOWERSERVICEAVAILABLE

GAS & WATER SERVICE AVAILABLE

ADDITIONAL BASEMENT RETAIL SPACE AVAILABLE

T H E R E S T A U R A N TA V E N

1 11 0

Page 8: THE OPPORTUNITY THE PLAN THE PARK RESTAURANT …

With the addition of 20,000+ new residents and 6,000+ hotel rooms by 2022, South Park is about to get a major influx of residents and tourists. This retail location on Grand Avenue is in the center of South Park, located just two blocks away from LA LIVE & the LA Convention Center.

Numerous retail configurations are possible with signage and expansive canopies along Grand Avenue and 12th Street, with lush landscaping and trees along the sidewalk.

This is the perfect location for a speciality fitness operator, beauty bar, urban market, or specialty artistic dessert tenant.

A LUSH LOCATION

GRAND

AVENUE

PROMINENT SIGNAGE OPPORTUNITIESFROMTHE PARK & GRAND AVENUE

FLOORTOCEILING STOREFRONTGLASS

FRONT&REARPICK-UP/ DROP-OFFAREAS

+/-20FTFLOOR-CEILINGHEIGHT

OUTDOOR DINING PATIO WITH PARK VIEWS

GREASE INTERCEPTOR AVAILABLE

600APOWERSERVICEAVAILABLE

GAS & WATER SERVICE AVAILABLE

T H E R E T A I LA V E N

1 31 2

Page 9: THE OPPORTUNITY THE PLAN THE PARK RESTAURANT …

MARGO

12TH ST

PROMINENT SIGNAGE ALONG12THST.

+/-20FTFLOORTOCEILING HEIGHT

200APOWERSERVICEAVAILABLE

GAS & WATER SERVICE AVAILABLE

Located at Margo and 12th Streets, this retail space is perfect for a fitness, urban market, or food and beverage tenant.

This retail space is just a 5 minute walk to the South Park Center building (home of Fox Sports, USC, United Way, Steelcase, and others) and will be prominently located next to the ground-floor plaza of a proposed 243 room hotel at 12th and Olive Street.

PERFECT PROMINENCE

T H E R E T A I LA V E N

1 51 4

Page 10: THE OPPORTUNITY THE PLAN THE PARK RESTAURANT …

DOWN

TOW

N

By 2022, the residential population in South Park is expected to triple from 9,800 to 29,000, making now the perfect time to make your business a favorite in the neighborhood.

By 2022, approximately 22,000 residents, or nearly a third of DTLA’s projected population will be within walking distance from AVEN.

By 2022, there will be approximately 11,800 hotel rooms in DTLA, 70% of which will also be within walking distance of AVEN. Boutique hotels opening in South Park include: The Hoxton, The Proper, and Morrison Hotel.

1120 GRAND AVE / LOS ANGELES / CA / 90015

THE HEARTBEAT OF THE CITY

T H E L O C A T I O NA V E N

1 71 6

Page 11: THE OPPORTUNITY THE PLAN THE PARK RESTAURANT …

1,000 +NEW RESIDENTSAT AVEN

20,000 +NEW RESIDENTSIN SOUTH PARK BY 2022

GRAND AVENUE17,090 ADT

12TH STREET2,713 ADT

Page 12: THE OPPORTUNITY THE PLAN THE PARK RESTAURANT …

DOWNTOWN LA FINALLY OFFERS THE TRUE URBAN LIFESTYLE CONSUMERS HAVE ALWAYS CRAVED.

CONVENIENTACCESSTOTRANSIT- 4 METRO RAIL LINES, HUNDREDS OFBUSROUTES,&METROBIKES.

NEW RESTAURANTS, BARS, RETAIL, ANDFITNESSCONCEPTS

ACTIVEEVENTSCALENDAR- CONCERTS,DINEL.A.,SMORGASBURG, & MORE

NEW RESIDENTIAL OPTIONS

ADDED GREEN SPACE & PARKLETS

STREET CLEAN UP

REVITALIZING DOWNTOWN AS A JOBS HUB

T H E L O C A T I O NA V E N

Page 13: THE OPPORTUNITY THE PLAN THE PARK RESTAURANT …

65,000RE

SID

EN

TS

IN

DO

WN

TO

WN

31 90 77 83 43 99MEDIAN AGE

%HAVE NO KIDS

%ARERENTERS

%BS DEGREEOR HIGHER

%AREPET OWNERS

KMEDIANINCOME

$

DTLA RESIDENTS TODAY

T H E L O C A T I O NA V E N

2 32 2

Page 14: THE OPPORTUNITY THE PLAN THE PARK RESTAURANT …

2 7 2 8

8TH STREET

9TH STREET

9TH STREET

11TH STREET

11TH STREET

12TH STREET

OLYMPIC BLVD.

OLYMPIC

OLYMPIC BLVD.

BLVD.

PICO BLVD.

PICO BLVD.

8TH STREET

GEORGIA

FRAN

CISC

O

STR

EET

FIGU

EROA

S

TREE

T

STRE

ET

HOPE

S

TREE

T

GRAN

D AV

ENUE

OLIV

E

HILL

ST

REET

HILL STREET

SPRI

NG

STRE

ETM

AIN

STR

EET

MAI

N S

TREE

T

MAIN STREET

LOS ANGELES STREET

8TH PLACE

HARB

OR

FREE

WAY

FRANCISCO ST.

110

Met

ropo

litan

VarietyArts

CarWash

TowneInn

SalvationArmy

CPP

Mart

CALIFORNIA MARKET CENTER

South

1055

801800800

Int.Tower888

WatermarkeTowerAPEX

Parking

Embassy

801Tower

Parkside Apartments

FEDERALRESERVEBANK

865

Old

S. C

al. G

asCo

. Bu

ildin

g

ApparelMart

Building

BROADWAY

StaplesCenter

LA CONVENTIONCENTER

25

86

91

98

8

106

162

166

14

25

4142

167

110

76

75

80

143

150

133

151

133

135

146

147147

148

157

97

37

146132 118

48

92

96

168

3

10

143

138

53

59

160

40

51

26

44

124

45

15

60

8866 67

65

61

94

144

85

161

163

20

31

17

16

5441

145

136

155

82

93

6

108127

122

164

131

99

105

109

101

104

6230

32

119

121

117

115

116

58102

169

23

34

29

11

128 18

57

170

1

171

137

140

140

152126

12371

47

49

149

134

130

159

63

4212

129

33

114

72 84

156

141

46

78

1950

120

90

81

24

38

77

87

89

154

12

12

36

100

COFFEE SHOPS

1. Andante Coffee

2. Biergarten

3. Coffee Bean & Tea Leaf

4. Cognoscenti Coffee

5. Il Caffe

6. Impresso Cafe

7. Juice Crafters

8. Kelly’sCoffee&Fudge Factory

9. Los Angeles Brewing Company

10. Moon Juice

11. Philz Coffee

12. Starbucks

13. The Classic Coffee

14. Verve Coffee

RESTAURANTS

15. 1810

16. Arashi Sushi

17. Barcito

18. Big Wang’s

19. Bottega Louie

20. Broken Spanish

21. Bronzed Aussie

22. Casa La Dona

23. Casa Nostra

24. City Tavern

25. Clifton’s Cafeteria

26. Colori Kitchen

27. D’elish Sandwich Shop

28. D-Town Burger Bar

29. Faith+Flower30. Fleming’s31. Hygge Bakery

32. Katsuya

33. LA Chapter

34. Local Table

35. LudoBites10.036. Market Cafe

37. Mitaki

38. Morton’s

39. New Moon Restaurant

40. Om Nom Organics

41. Palm Restaurant

42. Panini Cafe

43. Peking Tavern

44. Pellicola Pizzeria

45. Preux & Proper

46. Shake Shack

47. Shekarchi Restaurant

48. Slanted Door

49. StockingFrame50. Sugarfish51. Sweetgreen

52. Syrup Desserts

53. Terroni

54. The Briks

55. The Hummus Republic

56. The Panini Shop

57. The Pantry

58. Tom’s Urban

59. Two Boots Pizza

60. Umami Burger

61. Wood Spoon

62. WP2463. Yojie Japanese

RETAIL

64. 10Eleven65. A.P.C.66. Acne Studios

67. Aesop

68. AltHouse

69. American Love Affair

70. Angelo: Home Store

71. Austere

72. BNKR

73. BOLD Room

74. California Market Center

75. Daniel Patrick

76. ESP

77. Figat7th78. Freehand79. Hatch

80. Jessica Lousie

81. Macy’s

82. MTM Watches

83. Nicholas Bowes Clothing

84. OAK NYC

85. Ross Dress for Less

86. Skingraft

87. Sports Chalet

88. Tanner Goods

89. Target

90. The Bloc

91. The Gap

92. The Well (salon)

93. Twelve Street

94. UrbanOutfitters95. Vertigo Boutique

ENTERTAINMENT

96. Belasco Theater

97. Chateau Shatto

98. Globe Theatre

99. Grammy Museum

100.HNYPT

101. LA Convention Center

102.LA Live

103.Los Angeles Theatre

104.Lucky Strike

105.Microsoft Theatre

106.Orpheum Theatre

107.Penthouse Tower Suites AT&T Center

108.PYO Gallery

109.Staples Center

110. The Mayan

111. Tower Theatre

112. United Artists Theatre at Ace Hotel

113. Watermarke Tower

HOTELS

114. Ace Hotel

115. Courtyard by Marriott

116. HotelFigueroa117. JW Marriot

118. Proper Hotel

119. Residence Inn

120.Sheraton

121. The Ritz-Carlton

GYMS

122. Club Pilates

123. CrossFit213124.Pilates Plus

125. Pure Barre

126. SoulCycle

127. SpeedPlay

128.YAS

RESIDENTIAL

129. 1000S.Grand130. 1001S.Olive131. 1020Figueroa132. 11th & Hill

133. 11th & Main

134. 1150Grand135. 1148S.Broadway136. 1200Figueroa137. 8th & Grand

138.8th & Spring

139. 801S.Olive140.820S.Olive141. 920S.Hill142.Alexan South Broadway

143.Broadway Palace

144.Broadway Trade Center

145. FlowerStreetLofts146.ForestCity147. FutureDevelopment148.G12149.Hanover Olympic

150.Hoxton Hotel

151. JadeCreativeOffice152. Level

153.Mack Urban

154.Metropolis

155. Oceanwide Plaza

156.Olympic & Broadway

157. Onyx

158.Proper Hotel

159. Ten50

EDUCATION

160.USC

161. FIDM

BARS

162.Broadway Bar

163.BottleRock

164.Cana Rum Bar

165. Crane’s Downtown Bar

166.Golden Gopher

167.Mikkeller Bar

168.Pattern Bar

169.Riordan’s Tavern

GROCERY STORE

170.Ralph’s

171. WholeFoods

A V E N

2 4

Page 15: THE OPPORTUNITY THE PLAN THE PARK RESTAURANT …

13, 0

00

5 10, 0

00, 0

0050

0,00

020

, 000

RE

TA

IL S

PA

CE

S

NE

W R

ES

IDE

NT

S A

T A

VE

N

NE

W S

OU

TH

PA

RK

RE

SID

EN

TS

BY

20

22

AN

NU

AL

VIS

ITO

RS

TO

DO

WN

TO

WN

PL

US

CO

MM

UT

ING

WE

EK

DA

Y E

MP

LO

YE

ES

FT

2 O

F R

ET

AIL

SP

AC

E

1,00

0+

AVEN BY THE NUMBERS

THE SOUTH PARKNEIGHBORHOOD

Page 16: THE OPPORTUNITY THE PLAN THE PARK RESTAURANT …

1120 GRAND AVE / LOS ANGELES / CA / 90015

Page 17: THE OPPORTUNITY THE PLAN THE PARK RESTAURANT …

Senior Vice PresidentLic. 01029938

Direct Line: +1 213 613 3334Mobile: +1 626 676 7003 Email: [email protected]

DERRICK MOOREAssociateLic. 01925589

Direct Line: +1 213 613 3178Mobile: +1 714 598 8815 Email: [email protected]

AMIT PAREKH

CBRE | Retail Services 400 S. Hope St. Suite 2500Los Angeles, CA 90071 US

© 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

Page 18: THE OPPORTUNITY THE PLAN THE PARK RESTAURANT …