Restaurant & Retail Spaces for Lease NEW DEVELOPMENT IN DTLA NOW LEASING
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1 THE SOUTH PARK COLLECTION NEW DEVELOPMENT IN DTLA NOW LEASING CalBRE # CalBRE # Kennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE # ) 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.
2 THE SOUTH PARK COLLECTION NEW DEVELOPMENT IN DOWNTOWN L.A. JOIN NEIGHBORING TENANTS PROPERTY DESCRIPTION Location: Available Spaces: Rent: PROPERTY HIGHLIGHTS W. Olympic Blvd., Downtown Los Angeles, CA NEC Olympic Blvd. at Olive St. ±4,500 SF (divisible) $ $4.50/SF/Month, NNN (±$.00/SF/Month) Commercial spaces beneath 6 luxury apartments In the heart of the South Park neighborhood 5-6 ceiling height throughout the ground floor 8 commercial on-grade customer parking spaces Designed for creative restaurant occupancy Master CUP in process for alcohol service Three () retail shafts for restaurant ventilation THE SOUTH PARK COLLECTION Olympic Blvd. Hope St. Flower St. Hanover Grand W. Olympic Blvd. th St. Grand Ave. 9th St. W. Olympic Blvd. Hill St. 8th St. Olive St. South Park by Windsor 0 W. Olympic Blvd. Broadway St lshapiro@kennedywilson.com CalBRE # jweiss@kennedywilson.com CalBRE # Kennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE # ) 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.
3 9T HS THE SOUTH PARK COLLECTION Three luxury mixed-use projects within two blocks along Olympic Blvd. consisting of a total of 8,900 SF of ground floor creative restaurant and retail spaces beneath 80 luxury apartments. T. ST. UT SO OL YM PI ±,400 SF CB LV D HI LL 0 H P W AR.O Kb lym y pic Win Blv ds d. or ±4,500 SF ST. IVE OL ±,000 SF 4 HAN 4-4 O 50 VE W. R G Oly RA mp N ic D Blv d. GR AN DA VE lshapiro@kennedywilson.com CalBRE # jweiss@kennedywilson.com CalBRE #090886
4 ±4,500 SF CalBRE # CalBRE #090886
5 PROSPECTIVE DEMISING PLAN OLIVE ST. OLYMPIC ST CalBRE # CalBRE #090886
6 LA CONVENTION CENTER LA CONVENTION CENTER FIGUEROA ST. PICO BLVD. FLOWER ST. LA LIVE STAPLES CENTER 5 HOPE ST. HOPE ST. GRAND AVE. OLYMPIC BLVD. FLOWER ST. FLOWER ST OLIVE ST. HILL ST TH ST. 4 9 BROADWAY 8TH ST. MAIN ST. OLIVE ST KEY: MULTIFAMILY FOOD USE HOTEL OFFICE/OTHER * See numbered list on following page THE SOUTH PARK COLLECTION Three luxury mixed-use projects within two blocks along Olympic Blvd. consisting of a total of 8,900 SF of ground floor creative restaurant and retail spaces beneath 80 luxury apartments lshapiro@kennedywilson.com CalBRE # jweiss@kennedywilson.com CalBRE #090886
7 MULTIFAMILY MULTIFAMILY CONTINUED MULTIFAMILY CONTINUED FOOD USE HOTEL. SOUTH PARK BY WINDSOR 84 luxury units G.B. 0 E.C. Q luxury units G.B. Q-04 E.C. Q-06. HANOVER GRAND 7 luxury units G.B. Q-04 E.C. Q Luxury Lofts 50 units Developed by Barry Shy G.B. Q The Blackstone* 90 apartment lofts 6. Luxury Apartments 700 units, 70K SF retail Developed by GH Palmer G.B. Q-04 E.C Luxury Lofts 50 units Developed by Barry Shy E.C. N/A - no timeline revealed 8. Former Glass Tower Developed by Trumark Urban 5 condominiums G.B. Q-05 E.C Planned High-Rise Site Developed by Mac Urban 700 units G.B. Q-05 E.C. 07 Existing Apts & Condos Under Construction Apts & Condos 0. The Packard Lofts* 0 luxury lofts. Renaissance Tower Apartments* 00 units. Mixed-Use Apartment Tower 0 luxury units Developed by Onni E.C. Q Hope 56 apartments G.B. Q-04 E.C. 4Q Olympic* Luxury apartment tower 6 units 5. Planned Mix-Use Apartment Tower United Methodist Church Unentitled 6. Market Lofts* 60 condominium lofts 7. 8th & Hope* 90 luxury units Developed by Wood Partners 8. Grand Lofts* 50 condominium lofts 9. Elleven* 60 luxury high-rise condos 0. Luma* 40 luxury high-rise condos Pipeline (entitled and unentitled) Apts & Condos,5 units 4,09 units,885 units 08 EXPECTED TOTAL: 0,09 units. Evo* 04 luxury high-rise condos. Fig Central G.B. N/A - undisclosed. Met Lofts 40 units 4. Luxury Apartments 00 units Developed by Lennar G.B. 4Q-04 E.C. Q Fig 648 condominiums In entitlements 6. Hope 08 apartments Developed by Amacon G.B. unkown E.C. unkown Flower 70 units Omni Group In entitlements 8. G 640 apartments Developed by Wolff Company G.B. Q-04 E.C. Q Forest City South Park 77 units Developed by Forest City G.B. Q-04 E.C Eastern Columbia Lofts 40 condominiums Developer KOR. WaterMarke Tower units Developed by WaterMarke Group. New Development 76 units Carmel Partners Development G.B. 0 E.C. Q-06. Unnamed Restaurant/Lounge E.C. Q-04. Planned Restaurant Space 8,000 SF restaurant. The Stocking Frame Bar/restaurant 4. Rivera Restaurant Latin restaurant 5. The Palm Surf & turf restaurant 6. Arashi Suchi Japanese restaurant 7. Planned Restaurant Unnamed 8. Il Mare Italiano Italian restaurant 9. Hygge Bakery Bakery 0. Starbucks. Choco Chicken Planned Restaurant. Market Café Restaurant/café. Bottlerock Wine Shop/restaurant OFFICE/OTHER. The Desmond Luxury creative office Developed by Lincoln Partners E.C.Q-04. Fashion Institute of Design and Merchandising College ±,000 students. Standard Oil Building Creative office 4. Planned FIDM Campus & Apartments 5. Petroleum Tower Creative office. The Ace Hotel Planned 80-room boutique hotel. Planned Korzen 4-Star Hotel Boutique hotel Conversion begins mid-04. Planned 5-Star Boutique Hotel Developed by Chetrit Group Pperated by King & Grove 00 rooms E.C. Q Planned 4-Star Boutique Hotel Construction begins mid-04. The Well Clothing Boutique Trendy apparel and salon. Ralph s Fresh Fare Supermarket. Crossfit Fitness 4. Salon Eleven Salon 5. Urban Fit Fitness 6. Whole Foods Supermarket lshapiro@kennedywilson.com CalBRE # jweiss@kennedywilson.com CalBRE #090886
8 The New Downtown Los Angeles As Angelenos celebrate the 6th year of the Downtown LA Renaissance, the statistics reflect a booming, 4/7, vibrant Downtown LA. The growth and redevelopment since 999, when Staples Center opened and the Adaptive Reuse Ordinance passed, has been constant and has spurred a transformation. NEARLY TRIPLED Population Growth 8, , Residential Units,66 999, Price of a One Bedroom Condo (PSF) $ $ CONTINUED GROWTH DOUBLED OPEN FOR BUSINESS Hotel Rooms 7,96 Current Inventory,64 Under Construction Residential Units,776 Current Inventory 7,408 Under Construction Property Value $4.8 billion 999 $. billion New restaurants, bars, retail, nightlife, and amenities $9. billion Invested ,469 Pipeline 4,058 Pipeline A VIBRANT COMMUNITY $98,700 avg. median household income of residents 75% of residents are between the ages of % of residents have a college degree or higher 500,000 employees 0 million annual visitors 4.9 million passengers travel through the 7th St./ Figueroa Metro station annually $,6,500,000 Arts & Entertainment $,604,700,000 Civic & Institutional $5,79,500,000 Mixed-Use $7,65,400,000 Residential $898,800,000 Commercial $,500,000,000 Figueroa Corridor/Expo Park TOTAL Investment in Downtown L.A $9,6,900,000 Source: Downtown Center Business Improvement District, 04 Annual Report lshapiro@kennedywilson.com CalBRE # jweiss@kennedywilson.com CalBRE # Kennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE # ) 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.
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THE HANOVER SOUTH PARK COLLECTION HANOVER SOUTH PARK 0 W. Olympic Blvd. Los Angeles, CA 9005 NEW DEVELOPMENT IN DOWNTOWN L.A. THE HANOVER SOUTH PARK COLLECTION HANOVER SOUTH PARK 0 W. Olympic Blvd. Los
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