T H A Y E R & SPRING

Transcription

1 THAYER SPRING&

2 I- t NW Georgia Ave OVER 10,000 SF OF NEW RETAIL SPACE COMING SOON TO SILVER SPRING. OPPORTUNITY OVERVIEW New Construction Approx. 2,400 SF patio space 41,901 VPD on Georgia Ave 399 Luxury Apartments in Phase I 280+ Apartments in Phase II 152 Public Parking Spaces Delivering Q Bradley Ln afton St 495 ones Bridge Rd CHEVY CHASE Brookville Rd Broad Branch Jones Mill Rd East-We st Beach Western Ave Utah Ave Dr NW H wy Oregon Ave NW Grubb Rd COLONIAL VILLAGE Eastern Ave NW Kalmia Rd NW Alaska Ave NW Aspen St NW Dale Dr Blair Rd Thayer Ave SILVER SPRING 29 P i ney Branch Rd NW Blair Rd NW TAKOMA Peabody St NW Piney Branch Rd Flower Ave Ethan Allen Ave TAKOMA PARK Eastern Ave N C arroll Ave Riggs Rd rgent Rd Metzerott Ager Rd Rd ADELPHI VIEW FROM GEORGIA AVE

3 The Citron 241 residential units FE CO LE SV ILL ER D 8201 Georgia Ave 292 residential units 1,619sf retail NT ON Silver Spring Civic Center ST Fillmore Music Hall 0V 345 residential units 29,34 Twin Towers PD 189 hotel rooms 219,700sf office 140,500sf retail 8600 Georgia Ave 173 hotel rooms 4,206sf retail G IA RG EO E AV Central Discovery Communications 234 residential units 15,080sf retail Round House Theatre Education Center 1,511 employees Silver Spring Library American Nurses Association 200 employees The Crescent 143 residential units The Bonifant at Silver Spring 140 Units 24 residential units 33,261 VPD Loft 24 Silver Spring Towers 190 residential units 360 residential units 13,919sf retail Eleven55 Ripley 37,451 VPD Ripley East 379 residential units THAYER AVE Create Arts Center The Adele 440 residential units 18,083sf retail GEORGIA AVE Ripley II 52 residential units FENTON ST The Soliare 295 residential units Residences at Thayer Ave 96 residential units 18,200sf office 15,020sf retail Pyramid Atlantic Art Center 819 Silver Spring Ave 7,000sf office 5,110sf retail SILVER SPRING AVE Silver Spring Park 58 residential units 59,870sf hotel 9,234sf retail 22,538sf office IN THE HEART OF THE MIX

4 DEMOGRAPHIC SNAPSHOT WITHIN 1 MILE WALK SCORE 97 METRO RIDERSHIP SILVER SPRING AWPB 12,850 *Purple line coming soon Diversity is the hallmark of Midtown Mix, a group of mostly middle income urban segments. It s the most ethnically diverse social group, and consists of a mix of singles and couples, homeowners and renters, college alumni and high school graduates. In Midtown Mix, the households are dominated by consumers who pursue active lives frequently bars, health clubs, and restaurants at high rates listen to progressive music, drive small imports, and acquire the latest consumer electronics. MIDTOWN MIX 65.2% RESIDENTIAL POPULATION 36,032 RESIDENTIAL POPULATION GROWTH % % % The Urban Uptown segment is home to the nation s wealthiest urban consumers. Members of this social group tend to be midscale to upscale, college educated and ethnically diverse, with aboveaverage concentrations of Asian and Hispanic Americans. Although this group is diverse in terms of housing styles and family sizes, residents share an upscale urban perspective that s reflected in their marketplace choices. Urban Uptown consumers tend to frequent the arts, shop at exclusive retailers, drive luxury imports, travel abroad, and spend heavily on computer and wireless technology. URBAN UPTOWN 30.6% AVERAGE MEDIAN HOUSEHOLD INCOME $105,013 MEDIAN AGE MEDIAN HOME VALUE $573,441 DAYTIME POPULATION 29,313 The most affluent suburban social group, Elite Suburbs is a world of six-figure incomes, post-graduate degrees, single-family homes, and managerial and professional occupations. The segments here are predominantly white with significant concentrations of welloff Asian-Americans. Befitting their lofty salaries, S1 members are big consumers of large homes, expensive clothes, luxury cars, and foreign travel. Despite representing a small portion of the U.S. population, they hold a large share of the nation s personal net worth. ELITE SUBURBS 3.3%

5 50 STUDIO PLAZA 919 SILVER SPRING AVE 65 Fully Vented for Restaurant Use RETAIL B 3,800 S F 152 space County parking garage on site PHASE ONE & TWO THAYER AVE A BC PATIO 2,400 SF T H AY E R AV E SILVER SPRING AVE A B C G E O R G I A AV E PHASE 1 WALKING PATH S I LV E R S P R I N G AV E PHASE 2 F E N TO N S T FUTURE TOW-WAY STREET WALKING PATH SERVICE CORRIDOR FENTON ST 2,400 SF RETAIL C 3,900 SF Phase II: 280+ Apartment Units GEORGIA AVE Patio Space Ceiling Heights: 22 Phase I: 399 Apartment Units 80 2,400 SF 3,800 SF Retail C 3,900 SF Retail A Retail B 80 RETAIL A 2,400 SF S P E C S D E TA I L S RESIDENTIAL ACCESS

6 lee engle reilly hudson