RESTAURANTS AT SKYSONG

Transcription

1 RESTAURANTS AT SKYSONG 1 Southeast Eleva on Current For More Informa on: David We a dw@we aventures.com Paul Salinas ps@we aventures.com 03/27/2017

2 Current Photos 2

3 Features of the Building and Site 12,000 square feet of purpose built restaurant space housed in a one of a kind development in metro Phoenix. Modern and meless design; concrete, steel and glass. 45 foot can levered covered pa o and open space designed with the sun in mind; allowing the sun in during the winter months and keeping the sun out during the summer months resul ng in almost year round use. 3,750 square feet of restaurant pa o space and 3,750 square feet of public open space. 14 foot high storefronts with 10 foot high sliding glass doors. 3,000 square foot food producing garden that will be professionally installed and curated ( Dedicated parking lot (58 spaces) for customers plus addi onal temporary (four+ years) parking lot (89 spaces) adjacent to site for customers and employees. Parking garage spaces available a er 5 p.m. and weekends at no charge. Generous signage opportuni es on all FOUR sides of the building See following pages for more informa on; total sign area of 410 SF+ for all tenants. Es mated NN expenses: $5.50/SF (no real estate taxes). HVAC: 1 ton per 125 SF. Electrical: Amps per tenant. Grease interceptor: 1,000 gallons per tenant. Exposed aggregate drive aisles and paver parking stalls, no asphalt. 3

4 Floor Plan with Suite and Pa o Sizes Suite 4 Tenant Bi ers handcra ed cocktails/beers with small plate menu serving lunch and dinner. Suite 3 Tenant New York Bagels N Bialys bakery and delicatessen serving breakfast and lunch. Available Available 4

5 Overall Site Plan Sco sdale Road SkySong Boulevard 150 Feet Long 80 Feet Deep North Parking Lot 89 Parking Spaces Primary Parking Lot 58 Parking Spaces 5

6 Trash Enclosure Detail 2,000 SF 6

7 Signage Loca ons All Four Sides of Building/Canopy 7

8 Submarket Overview SkySong Campus (42 Acres) SkySong, the ASU Sco sdale Innova on Center is one of the premier economic engines in the Valley of the Sun. The goal of SkySong is to a ract cu ng edge and innova on companies and their base of knowledge workers from around the world, integra ng the resources of ASU with the opportuni es of the private sector. SkySong Restaurant Building will be the signature food and beverage amenity to the campus. Planned for 1,200,000 SF of office space and one hotel. Currently 450,000 SF of office space (+90% occupancy); 4th office building recently completed (leased at 40% ) and 5th office building in planning stage. New hotel announced, Element by Wes n (Marrio ), will have 150 rooms with opening expected in Spring Approximately 1,500 employees currently on campus with full build out expected to reach 5,000 6,000 employees. Tenants include (par al list) : Arizona State University; Webfilings (Workiva); Ticketmaster, Yoodle, Theranos, Groupon. South Sco sdale Neighborhood (Osborn Road to McKellips Road; 64th Street to Pima Road) A year long comprehensive iden ty building exercise funded by Industrial Development Authority and private sponsorships; Re Imagining Southern Sco sdale was created to affect posi ve momentum for the revitaliza on of Southern Sco sdale. They surveyed over 1,900 residents so far and some of the findings are below. Approximately 25,000 households exist in South Sco sdale with a popula on of 40,000 residents. 68.4% of residents are educated (bachelor's degree or higher). $65,000 is the median household income. 48.2% of residents are between 25 and 44 years old. 42.1% of residents have lived in South Sco sdale for less than 5 years; only 26.2% have lived more than 20 years. 8

9 Submarket Overview Cont d 68.5% homeownership rate. Top reason residents live in South Sco sdale is LOCATION. 57% of residents wish South Sco sdale was be er and 33% of residents love it. 56.2% of residents want to see more restaurants, # 2 choice (behind farmer s market). Catering and Visitor Data at ASU Offices Only (Through first 6 months of 2016). There are addi onal Catering Opportuni es with Other Office Tenants. Approximately 30 conferences with catered breakfast average 25 people. Approximately 40 conferences with catered lunches average 30 people. Approximately 10 conferences with catered dinners average 20 people. Average monthly a endance to events for FY ,805. Average monthly a endance to events for FY ,605. Currently, the SkySong campus is at 49.6% built out so the numbers will increase over me as more office buildings are constructed. SkySong will make all of the restaurants Preferred Vendors. 9

10 SkySong Campus Master Plan 1.2 Million Square Feet McDowell Road Future Office City of Sco sdale Land Future Office Future DENNYS Parking Garage Future Parking Garage Future Office Future Office Office Building1 Sco sdale Road Office Building 4 Office Building 3 Office Building 2 Hotel 2018 Parking Garage & Surface SkySong Apartments N 10

11 Points of Interest/Demand Drivers South Sco sdale The Quad New Office Development 160,000 SF of Office HonorHealth Sco sdale Medical Center 337 Beds 3.2K Employees 71,744 Vehicles Per Day Third Highest Traffic Volume in Sco sdale SkySong 595K SF of Office 1.5K Employees Desert Botanical Gardens 641K Guests Per Year Phoenix Zoo 1.4M Guests Per Year Papago Plaza Major redevelopment that will add more housing and reduce the retail square feet General Dynamics 4.1K Employees 11

12 New Housing Ac vity in South Sco sdale 2,299 Units ALTA Osborn: MF 277 Units, Planned Gallery: TH 18 Units, Planned L Esperance: MF 77 Units, Planned Inspire: Condo 97 Units, Under Construc on Diamante: Condo 144 Units, Under Construc on Mul Family 170 Units, Planned The Tomscot: MF 278 Units, Under Construc on Sco sdale Entrada: Mixed Use 23 acre site, Planned Las Aguas: MF 154 Units, Complete SkySong Apartments: MF 325 Units, Complete Macalister Sco sdale: MF 31 Units, Under Construc on Aire: TH 81 Units, UC Skye: SF 55 Units, UC San Travesia: MF 572 Units, 90% Complete Eclipse: TH 20 Units, Under Construc on Legend SF: Single Family TH: Townhome Condo: Condominium MF: Mul Family Status of Projects: Units Complete: 1,051 Units Units Under Construc on: 706 Units Units Planned: 542 Units 12

13 Drive Times From Other Neighborhoods/Freeways to SkySong Old Town Sco sdale 7 Minutes Arcadia Neighborhood 11 Minutes Loop Minutes Papago Business Park 8 Minutes Sky Harbor Airport 15 Minutes Loop Minutes Downtown Tempe 10 Minutes 13

14 Map of Full Service Restaurants OLIVE GARDEN OREGANOS DENNYS PIG & PICKLE CARLSBAD TAVERN THE BLIND PIG LOS SOMBREROS TOTTIE s ASIAN FUSION ATLAS BISTRO* MCFATE BREWING SALT CELLAR * Dinner Only 14

15 List of Other Restaurants in South Sco sdale Quick Service Restaurants Carl s Jr (2) Dairy Queen Dunkin Donuts Filiberto s Jack in the Box Jamba Juice Jersey Mike s Losbeto s Mexican McDonald s (2) Panda Express Pizza Hut Starbucks Subway (3) Taco Bell (2) Tacos Jalisco Wendy s What a burger Fast Casual Restaurants Boston Market Chipotle DeFalco s Dickey s BBQ Einstein Bagels George s Famous Gyros Jim s Coney Island Café Li le Chicago Pizza Lo Lo s Chicken and Waffles Long Wong s Mucha Luncha Taco Shop Noodles Ranch Smashburger Streets of New York Casual Dining Restaurants Bei Sushi Bri sh Open Pub Caribbean Palm Green New American La s Thai Cuisine Mijana Mediterranean Mika s Greek Papago Brewing Red Kimchi Korean Saigon Bowl US Egg Villa Peru 15