Restaurant & Retail Spaces for Lease NEW DEVELOPMENT IN DOWNTOWN L.A.
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1 THE HANOVER SOUTH PARK COLLECTION HANOVER SOUTH PARK 0 W. Olympic Blvd. Los Angeles, CA 9005 NEW DEVELOPMENT IN DOWNTOWN L.A.
2 THE HANOVER SOUTH PARK COLLECTION HANOVER SOUTH PARK 0 W. Olympic Blvd. Los Angeles, CA 9005 NEW DEVELOPMENT IN DOWNTOWN L.A. JOIN NEIGHBORING TENANTS PROPERTY DESCRIPTION Location: 0 W. Olympic Blvd., Downtown Los Angeles, CA NWC Olympic Blvd. at Hill St. Available Spaces: ±,400 SF (divisible) Rent: $ $4.50/SF/Month, NNN (±$.00/SF/Month) PROPERTY HIGHLIGHTS Commercial spaces beneath 84 luxury apartments In the heart of the Southpark neighborhood 6.5 ceiling height throughout the ground floor 50 commercial on-grade customer parking spaces Designed for creative restaurant occupancy Master CUP in process for alcohol service retail shafts for restaurant ventilation Ample outdoor patio seating Completion scheduled for the nd Quarter, 05 Grand Ave. THE HANOVER SOUTH PARK COLLECTION Hanover Grand W. Olympic Blvd. Downtown Los Angeles Olympic Blvd. Hanover Olympic W. Olympic Blvd. Olive St. HANOVER SOUTH PARK 0 W. Olympic Blvd. Hill St. 9th St. Kennedy Wilson 970 Wilshire Blvd., Suite 700, Beverly Hills, CA No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.
3 HANOVER SOUTH PARK 0 W. Olympic Blvd. Los Angeles, CA 9005 THE HANOVER SOUTH PARK COLLECTION 9TH ST. 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. OLYMPIC BLVD. HANOVER SOUTH PARK 0 W. Olympic Blvd. Los Angeles, CA 9005 GRAND AVE. HANOVER GRAND ±,000 SF W. Olympic Blvd. OLIVE ST. ±4,500 SF HANOVER OLYMPIC OLYMPIC BLVD. W. Olympic Blvd. ±,400 SF HILL ST. OLIVE ST.
4 HANOVER SOUTH PARK 0 W. Olympic Blvd. Los Angeles, CA 9005 ±,400 SF
5 HANOVER SOUTH PARK 0 W. Olympic Blvd. Los Angeles, CA 9005 L.A. s TIMES SQUARE HANOVER SOUTH PARK L.A. s SOHO TIMES SQUARE Millennial Hipsters: SOHO Eclectic, avante garde, rugged tenants catering to the millennial hipster with money. Very destination oriented. SOHO Existing or Soon-to-Open - Acne Studios - Oak - APC - Tanner Goods - AESOP - Big Gay Ice Cream - KinBolk Studios - OmNom Organic - Ace Hotel Destination Visitors: TIMES SQUARE Anticipated tenants likely to be interested in West South Park. In addition to existing large credit tenant restaurant group. Bloomingdale s Barney s Gelson s P.F. Chang s Forever Pottery Barn The Cheesecake Factory Uniqlo Bed, Bath, & Beyond Crunch Fitness Destination Visitor: TIMES SQUARE Concerts Conventions Sports Corporate Professionals South Park is THE LINK Crucial opportunity to link together two disparate neighborhoods. Important to draw the kind of users that will motivate conventioners to travel East and hipsters/ young professionals to travel West. Millennial Hipsters: SOHO Young Professionals FIDM Students Artists & Designers Craetive Office Employees Anticipated Tenants - Gant - Yves Saint Laurent - Varvatos - Eataly - Woho House - SkinGraft - Hudson - Maxfield - Warby Parker Catalytic Developments - Brad Korzen boutique hotel - Iterald Examiner Building - th/main creative office The Hanover South Park Collection is The Link between South Broadway and L.A. LIVE, two very different neighborhoods with diverse daily and nightly populations. South Broadway, from 7th Street to th Street, is transforming into DTLA s version of Soho. Hip boutique JUSTIN hotels, WEISS historic residential buildings, Executive creative Vice office President tenants, and avant garde retailers Senior are Associate flocking to this neighborhood. Kennedy In comparison, Wilson Brokerage the Times Group Square West Kennedy neighborhood Wilson surrounding Brokerage L.A. Group LIVE, Staples Center, and the L.A. Convention Center draws millions of destination visitors and shoppers per year. In addition, there are thousands of luxury, newconstruction residential units here. As a link between these two neighborhoods, retailers at the Hanover South Park Collection will have the unique opportunity to draw customers from both and elevate into one of the most eclectic destinations in Downtown.
6 HANOVER SOUTH PARK 0 W. Olympic Blvd. Los Angeles, CA 9005 KEY: LA CONVENTION CENTER LA CONVENTION CENTER FIGUEROA ST. PICO BLVD. FLOWER ST. LA LIVE STAPLES CENTER 5 HOPE ST. HOPE ST GRAND AVE. 5 OLYMPIC BLVD. FLOWER ST. FLOWER ST OLIVE ST. 7 6 HILL ST. 9TH ST. 4 9 BROADWAY 8TH ST. MAIN ST. OLIVE ST MULTIFAMILY FOOD USE HOTEL OFFICE/OTHER * See numbered list on following page THE HANOVER 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.
7 HANOVER SOUTH PARK 0 W. Olympic Blvd. Los Angeles, CA 9005 MULTIFAMILY MULTIFAMILY CONTINUED MULTIFAMILY CONTINUED FOOD USE HOTEL. HANOVER SOUTH PARK 84 luxury units G.B. 0 E.C. Q-05. HANOVER OLYMPIC 6 luxury units G.B. Q-04 E.C. Q 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
8 HANOVER SOUTH PARK 0 W. Olympic Blvd. Los Angeles, CA 9005 The New Downtown Los Angeles As Angelenos celebrate the 5th 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, ,0 0 Residential Units,66 999,8 0 Price of a One Bedroom Condo (PSF) $ $ CONTINUED GROWTH DOUBLED OPEN FOR BUSINESS Hotel Rooms 5,54 Current Inventory,9 Under Construction Residential Units,000+ Current Inventory 5,000+ Under Construction Property Value $4.8 billion 999 $0.6 billion New restaurants, bars, retail, nightlife, and amenities $7. billion Invested 999-0,688 Pipeline,000+ 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 $5,9,48,647 Mixed-Use $6,05,4,789 Residential $798,800,000 Commercial $,500,000,000 Figueroa Corridor/Expo Park TOTAL Investment in Downtown L.A $7,,897,46 Source: Downtown Center Business Improvement District, 0 Annual Report Kennedy Wilson 970 Wilshire Blvd., Suite 700, Beverly Hills, CA No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.
9 THE HANOVER SOUTH PARK COLLECTION HANOVER OLYMPIC W. Olympic Blvd. Los Angeles, CA 9005 NEW DEVELOPMENT IN DOWNTOWN L.A.
10 THE HANOVER SOUTH PARK COLLECTION HANOVER OLYMPIC W. Olympic Blvd. Los Angeles, CA 9005 NEW DEVELOPMENT IN DOWNTOWN L.A. JOIN NEIGHBORING TENANTS THE HANOVER SOUTH PARK COLLECTION PROPERTY DESCRIPTION Location: W. Olympic Blvd., Downtown Los Angeles, CA NEC Olympic Blvd. at Olive St. Available Spaces: ±4,500 SF (divisible) Rent: $ $4.50/SF/Month, NNN (±$.00/SF/Month) PROPERTY HIGHLIGHTS Hanover Grand W. Olympic Blvd. HANOVER OLYMPIC W. Olympic Blvd. 9th St. Hanover South Park 0 W. Olympic Blvd. Commercial spaces beneath 6 luxury apartments In the heart of the Southpark 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 Completion scheduled for the nd Quarter, 06 Grand Ave. Olive St. Olympic Blvd. Hill St. Kennedy Wilson 970 Wilshire Blvd., Suite 700, Beverly Hills, CA No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.
11 HANOVER OLYMPIC W. Olympic Blvd. Los Angeles, CA 9005 THE HANOVER SOUTH PARK COLLECTION 9TH ST. 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. OLYMPIC BLVD. HANOVER OLYMPIC W. Olympic Blvd. Los Angeles, CA 9005 GRAND AVE. HANOVER GRAND ±,000 SF W. Olympic Blvd. OLIVE ST. ±4,500 SF OLYMPIC BLVD. ±,400 SF 0 W. Olympic Blvd. HANOVER SOUTH PARK HILL ST. OLIVE ST.
12 HANOVER OLYMPIC W. Olympic Blvd. Los Angeles, CA 9005 ±4,500 SF
13 HANOVER OLYMPIC W. Olympic Blvd. Los Angeles, CA 9005 L.A. s TIMES SQUARE HANOVER OLYMPIC L.A. s SOHO TIMES SQUARE Millennial Hipsters: SOHO Eclectic, avante garde, rugged tenants catering to the millennial hipster with money. Very destination oriented. SOHO Existing or Soon-to-Open - Acne Studios - Oak - APC - Tanner Goods - AESOP - Big Gay Ice Cream - KinBolk Studios - OmNom Organic - Ace Hotel Destination Visitors: TIMES SQUARE Anticipated tenants likely to be interested in West South Park. In addition to existing large credit tenant restaurant group. Bloomingdale s Barney s Gelson s P.F. Chang s Forever Pottery Barn The Cheesecake Factory Uniqlo Bed, Bath, & Beyond Crunch Fitness Destination Visitor: TIMES SQUARE Concerts Conventions Sports Corporate Professionals South Park is THE LINK Crucial opportunity to link together two disparate neighborhoods. Important to draw the kind of users that will motivate conventioners to travel East and hipsters/ young professionals to travel West. Millennial Hipsters: SOHO Young Professionals FIDM Students Artists & Designers Craetive Office Employees Anticipated Tenants - Gant - Yves Saint Laurent - Varvatos - Eataly - Woho House - SkinGraft - Hudson - Maxfield - Warby Parker Catalytic Developments - Brad Korzen boutique hotel - Iterald Examiner Building - th/main creative office The Hanover South Park Collection is The Link between South Broadway and L.A. LIVE, two very different neighborhoods with diverse daily and nightly populations. South Broadway, from 7th Street to th Street, is transforming into DTLA s version of Soho. Hip boutique JUSTIN hotels, WEISS historic residential buildings, Executive creative Vice office President tenants, and avant garde retailers Senior are Associate flocking to this neighborhood. Kennedy In comparison, Wilson Brokerage the Times Group Square West Kennedy neighborhood Wilson surrounding Brokerage L.A. Group LIVE, Staples Center, and the L.A. Convention Center draws millions of destination visitors and shoppers per year. In addition, there are thousands of luxury, newconstruction residential units here. As a link between these two neighborhoods, retailers at the Hanover South Park Collection will have the unique opportunity to draw customers from both and elevate into one of the most eclectic destinations in Downtown.
14 HANOVER OLYMPIC W. Olympic Blvd. Los Angeles, CA 9005 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 HANOVER 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.
15 HANOVER OLYMPIC W. Olympic Blvd. Los Angeles, CA 9005 MULTIFAMILY MULTIFAMILY CONTINUED MULTIFAMILY CONTINUED FOOD USE HOTEL. HANOVER SOUTH PARK 84 luxury units G.B. 0 E.C. Q-05. HANOVER OLYMPIC 6 luxury units G.B. Q-04 E.C. Q 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
16 HANOVER OLYMPIC Part of the Hanover Collection of Properties 0 W. Olympic Blvd. Los Angeles, CA 9005 The New Downtown Los Angeles As Angelenos celebrate the 5th 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, ,0 0 Residential Units,66 999,8 0 Price of a One Bedroom Condo (PSF) $ $ CONTINUED GROWTH DOUBLED OPEN FOR BUSINESS Hotel Rooms 5,54 Current Inventory,9 Under Construction Residential Units,000+ Current Inventory 5,000+ Under Construction Property Value $4.8 billion 999 $0.6 billion New restaurants, bars, retail, nightlife, and amenities $7. billion Invested 999-0,688 Pipeline,000+ 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 $5,9,48,647 Mixed-Use $6,05,4,789 Residential $798,800,000 Commercial $,500,000,000 Figueroa Corridor/Expo Park TOTAL Investment in Downtown L.A $7,,897,46 Source (Pages 6-7): Downtown Center Business Improvement District, 0 Annual Report Kennedy Wilson 970 Wilshire Blvd., Suite 700, Beverly Hills, CA No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.
17 THE HANOVER SOUTH PARK COLLECTION HANOVER GRAND W. Olympic Blvd. Los Angeles, CA 9005 NEW DEVELOPMENT IN DOWNTOWN L.A.
18 THE HANOVER SOUTH PARK COLLECTION HANOVER GRAND W. Olympic Blvd. Los Angeles, CA 9005 NEW DEVELOPMENT IN DOWNTOWN L.A. JOIN NEIGHBORING TENANTS PROPERTY DESCRIPTION THE HANOVER SOUTH PARK COLLECTION Location: W. Olympic Blvd., Los Angeles, CA 9005 SEC Olympic Blvd. at Grand Ave. Available Spaces: ±,000 SF (divisible) Rent: $ $4.50/SF/Month, NNN (±$.00/SF/Month) PROPERTY HIGHLIGHTS HANOVER GRAND W. Olympic Blvd. Hanover Olympic W. Olympic Blvd. Hanover South Park 0 W. Olympic Blvd. 9th St. Commercial spaces beneath 7 luxury apartments In the heart of the Southpark neighborhood 4 ceiling height throughout the ground floor 50 commercial on-grade customer parking spaces Designed for creative restaurant occupancy Master CUP in process for alcohol service Grand Ave. Olympic Blvd. Olive St. Hill St. Three () retail shafts for restaurant ventilation Completion scheduled for the st Quarter, 06 Kennedy Wilson 970 Wilshire Blvd., Suite 700, Beverly Hills, CA No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.
19 HANOVER GRAND W. Olympic Blvd. Los Angeles, CA 9005 THE HANOVER SOUTH PARK COLLECTION 9TH ST. 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. OLYMPIC BLVD. HANOVER GRAND W. Olympic Blvd. Los Angeles, CA 9005 GRAND AVE. ±,000 SF OLIVE ST. ±4,500 SF HANOVER OLYMPIC OLYMPIC BLVD. W. Olympic Blvd. ±,400 SF 0 W. Olympic Blvd. HANOVER SOUTH PARK HILL ST. OLIVE ST.
20 HANOVER GRAND W. Olympic Blvd. Los Angeles, CA 9005 ±,000 SF
21 HANOVER GRAND W. Olympic Blvd. Los Angeles, CA 9005 L.A. s TIMES SQUARE HANOVER GRAND L.A. s SOHO TIMES SQUARE Millennial Hipsters: SOHO Eclectic, avante garde, rugged tenants catering to the millennial hipster with money. Very destination oriented. SOHO Existing or Soon-to-Open - Acne Studios - Oak - APC - Tanner Goods - AESOP - Big Gay Ice Cream - KinBolk Studios - OmNom Organic - Ace Hotel Destination Visitors: TIMES SQUARE Anticipated tenants likely to be interested in West South Park. In addition to existing large credit tenant restaurant group. Bloomingdale s Barney s Gelson s P.F. Chang s Forever Pottery Barn The Cheesecake Factory Uniqlo Bed, Bath, & Beyond Crunch Fitness Destination Visitor: TIMES SQUARE Concerts Conventions Sports Corporate Professionals South Park is THE LINK Crucial opportunity to link together two disparate neighborhoods. Important to draw the kind of users that will motivate conventioners to travel East and hipsters/ young professionals to travel West. Millennial Hipsters: SOHO Young Professionals FIDM Students Artists & Designers Craetive Office Employees Anticipated Tenants - Gant - Yves Saint Laurent - Varvatos - Eataly - Woho House - SkinGraft - Hudson - Maxfield - Warby Parker Catalytic Developments - Brad Korzen boutique hotel - Iterald Examiner Building - th/main creative office The Hanover South Park Collection is The Link between South Broadway and L.A. LIVE, two very different neighborhoods with diverse daily and nightly populations. South Broadway, from 7th Street to th Street, is transforming into DTLA s version of Soho. Hip boutique JUSTIN hotels, WEISS historic residential buildings, Executive creative Vice office President tenants, and avant garde retailers Senior are Associate flocking to this neighborhood. Kennedy In comparison, Wilson Brokerage the Times Group Square West Kennedy neighborhood Wilson surrounding Brokerage L.A. Group LIVE, Staples Center, and the L.A. Convention Center draws millions of destination visitors and shoppers per year. In addition, there are thousands of luxury, newconstruction residential units here. As a link between these two neighborhoods, retailers at the Hanover South Park Collection will have the unique opportunity to draw customers from both and elevate into one of the most eclectic destinations in Downtown.
22 HANOVER GRAND W. Olympic Blvd. Los Angeles, CA 9005 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 HANOVER 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.
23 HANOVER GRAND W. Olympic Blvd. Los Angeles, CA 9005 MULTIFAMILY MULTIFAMILY CONTINUED MULTIFAMILY CONTINUED FOOD USE HOTEL. HANOVER SOUTH PARK 84 luxury units G.B. 0 E.C. Q-05. HANOVER OLYMPIC 6 luxury units G.B. Q-04 E.C. Q 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
24 HANOVER GRAND W. Olympic Blvd. Los Angeles, CA 9005 The New Downtown Los Angeles As Angelenos celebrate the 5th 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, ,0 0 Residential Units,66 999,8 0 Price of a One Bedroom Condo (PSF) $ $ CONTINUED GROWTH DOUBLED OPEN FOR BUSINESS Hotel Rooms 5,54 Current Inventory,9 Under Construction Residential Units,000+ Current Inventory 5,000+ Under Construction Property Value $4.8 billion 999 $0.6 billion New restaurants, bars, retail, nightlife, and amenities $7. billion Invested 999-0,688 Pipeline,000+ 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 $5,9,48,647 Mixed-Use $6,05,4,789 Residential $798,800,000 Commercial $,500,000,000 Figueroa Corridor/Expo Park TOTAL Investment in Downtown L.A $7,,897,46 Source: Downtown Center Business Improvement District, 0 Annual Report Kennedy Wilson 970 Wilshire Blvd., Suite 700, Beverly Hills, CA No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.
Restaurant & Retail Spaces for Lease NEW DEVELOPMENT IN DTLA NOW LEASING
THE SOUTH PARK COLLECTION NEW DEVELOPMENT IN DTLA NOW LEASING 0-887-66 lshapiro@kennedywilson.com CalBRE #0096769-58-86 jweiss@kennedywilson.com CalBRE #090886 Kennedy Wilson Properties, Ltd. (Responsible
More informationRestaurant & Retail Spaces for Lease NEW DEVELOPMENT IN DOWNTOWN L.A.
NEW DEVELOPMENT IN DOWNTOWN LA NEW DEVELOPMENT IN DOWNTOWN LA JOIN NEIGHBORING TENANTS PROPERTY DESCRIPTION Location: 0 W Olympic Blvd, Downtown Los Angeles, CA NWC Olympic Blvd at Hill St Available Spaces:
More informationSOUTH PARK DOWNTOWN LOS ANGELES
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