811 NW 19 th Ave., Ste. 102 Portland, OR 97209
About the Goat Blocks at LOCA Project Description The Goat Blocks at LOCA comprise more than 3 city blocks with 7 distinctly different buildings featuring a 26,000 sq.ft. Market of Choice grocery, 40,000 sq.ft. Orchard Supply Hardware (with garden center), retail shops, restaurants, micro-retail space, 247 apartments and excellent onsite parking. The project is located at the center of Portland s hip central eastside neighborhood. As one of the city s most vibrant nodes, with numerous restaurants, breweries, distilleries, bars and quirky/local boutique stores, the Goat Blocks offer a rare and yet uniquely Portland urban shopping experience. Straddling the eastside s authentic and successful commercial/office areas as well as the historic and comfortable residential neighborhoods to the east, the project serves a burgeoning daytime population, established residential base and literally thousands of new apartments. Retail/Restaurant Space Opportunities Traditional retail shop space starting at 1,000 sq.ft. Restaurant spaces starting at 1,800 sq.ft. with large outdoor decks and seating areas Six micro-retail spaces ranging from 347-1,083 sq.ft. Perfect for specialty food, unique retail and maker users Timing Available for occupancy beginning in December of 2016 with a project opening of Q1 2017 Looking east up SE Belmont Upper level restaurant with outdoor patio dining Parking On-site surface and structured retail parking ratio of approximately 2.5 stalls per 1,000 sq.ft. of leasable area. Apartment parking is allocated separately from the retail parking. Excellent on-street parking is available throughout the project area. Parking for more than 500 bicycles is strategically located amongst the 7 buildings and common areas. Trade Area In addition to classic Portland residential neighborhoods and 247 new apartments as part of the LOCA project, there are more than 7,400 new apartments either under construction or in the development pipeline coming to the Trade Area. To view the status of various mixed-use projects within the Portland area, visit nextportland.com. The Goat Blocks enjoy significant daytime employment with more than 17,000 working within the Central Eastside Industrial District (CEID). The 681-acre district encompassing property south of I-84 to Powell and the river to SE 12th contains over 1,200 businesses. The area is quickly becoming the preferred location for Portland s burgeoning creative class with numerous office buildings being constructed or renovated for software, financial, product design and start-up tech companies. This captive employment base provides tremendous opportunity for tenants of the Goat Blocks to meet their dining, grocery and daily shopping needs. Looking east at Yamhill Plaza Left: Outdoor patio opportunity Right: Orchard Supply Hardware
LOCA Trade Area & Apartment Development N NE Broadway St. 34 Broadway Bridge 31 32 33 30 Steel Bridge NE Sandy Blvd. 15 16 Burnside Bridge 56,625 ADT 27 48 26 25 29 28 14 E. Burnside St. 13 12 3 51 52 53 SE 39th St. 11 7 35 36 37 38 Morrison Bridge 53,835 ADT Hawthorne Bridge 29,412 ADT +6,022 bicycles per day 10 6 54 SE Belmont St. 4 24 1 5 2 SE MLK SE Grand SE 10th SE 12th 9 8 SE Hawthorne St. 49 17 45 23 SE Harrison St. 47 39 Marquam Bridge 136,900 ADT 21 22 SE Division St. 18 19 20 40 Ross Island Bridge 54,700 ADT SE Powell St. 50 41 42 45 43 SW Boundary St. 44 7,400+ new apartments under way in the Trade Area Proposed Under Construction ( ) Number of apartments Trade Area Current Portland development projects can be viewed at: www.nextportland.com 1. SE 10th & Belmont (247) - LOCA 2. 3150 SE Belmont (20) 3. 2702 SE Ankeny (50) 4. 2731 SE Belmont (48) 5. 2100 SE Belmont (56) 6. 1934 SE Morrison (51) 7. 1324 SE Oak (46) 8. SE 18th & Madison (12) 9. 1445 SE Hawthorne (30) - Lagano 10. 704 SE Morrison (214) - Modera 11. SE 12th & Stark (106) - St. Francis Park 12. 1459 SE Ankeny (40) 13. 50 SE 13th Ave. (69) 14. 1930 NE Everett (47) - 20E 15. 2238 NE Glisan (37) 16. 440 NE 28th Ave. (50) 17. 423 SE Hawthorne (24) 18. 3021 SE Division (27) 19. 2701 SE Clinton (12) 20. 2818 SE 15th Ave. (9) 21. 2311 SE 11th Ave. (6) 22. 1112 SE Lincoln (6) 23. 1125 SE Harrison (4) 24. 514 SE Belmont (193) 25. SE 3rd & Ankeny (300+) - Element 78 26. 419 E Burnside (157) 27. NE Davis & MLK (75) - The 75 28. 60 SE 10th Ave. (62) - Lower Burnside Lofts 29. SE 11th & Ankeny (84) 30. NE 8th & Pacific (1030) - Oregon Square 31. 1510 NE Multnomah (980) 32. 1300 NE 16th Ave. (10) 33. 2034 NE Multnomah (182) 34. 3204 NE Weidler (165) - Grant Park Village Phase II 35. 1221 SW 11th Ave. (196) - SKY3 36. SW 12th & Clay (83) 37. 1133 SW Market (100) 38. SW 11th & Market (67) - Market St. Apts 39. SW River Pkwy & Moody (365) - Riverplace Parcel 3 40. 3201 SW Moody Ave. (160) 41. SW River Pkwy & Gaines (280) - Block 37 42. SW River Pkwy & Lane (200) - Block 41 43. 4940 SW Landing Drive (76) - Macadam Apts NEW APARTMENT CONSTRUCTION 44. SW Boundary St. (124 ) - The Boathouse 45. SW 4th & Harrison (425) 46. 4949 Landing Drive (166) - Oxbow 49 47. 2211 SW 4th Ave. (110) 48. NE 3rd & Burnside (276) - Yard 49. 514 SE Belmont (30) - Hawthorne 31 50. SW Bond & Lane (199) - The Ella 51. 2403 SE Ankeny (23) - Blackwood Lofts 52. SE 24th & Ankeny (8) - Ankeny Lofts 53. SE 26th & Ankeny (6) - Ankeny Row 54. 915 SE Belmont (105) TOTAL - 7,448 apartments The information contained herein has been obtained from sources we deem reliable. We do not guarantee its accuracy. Renderings, site and tenant plans are subject to change without notice. All information should be verified prior to entering into a lease.
Urban Southeast Portland SE 10TH /11TH & BELMONT LLOYD DISTRICT DOWNTOWN PORTLAND (CBD) PEARL DISTRICT BURNS IDE BR IDGE 56,625 ADT LL WI AM ET ER 53,83 5A DT TH SE 12 TH SE 11 SE 10 TH MO RR ISO NB RID GE - RIV TE 84 GOAT BLOCKS AT LOCA SE B ELM SE T AY L OR ONT STR STRE ET EET mert @ mbmproperties.com
Site Plan SE 12th AVE SE 12TH PARKING ENTRANCE NE RETAIL RESIDENTIAL PARKING East Buildings fronting SE 11th RETAIL PARKING EAST BUILDING RETAIL EAST RETAIL SE 11th AVE SE BELMONT ST SE TAYLOR ST Market of Choice entrance at SE 11th & Belmont WEST BUILDING RETAIL two levels SE 10th AVE SE YAMHILL ST
SE 11 Tenant Leasing Plan th SE 10TH /11TH & BELMONT SE 12th AVE PARKING ENTRANCE PHARMACA NE Retail C 452 Sq. Ft. SE 11th & Belmont RETAIL PARKING EAST SITE - E 2,000 SF LEASE PENDING EAST SITE - D (See 10th St. Plan) EAST SITE - F 1,914 SF EAST - RETAIL LEVEL 1 EAST - PARKING P1 SE 11th AVE MICRO RETAIL MR 2C - 347 SF* MR 2D - 532 SF* MR 2E MR 2D RR GROCERY ENTRANCE MR 2H YAMHILL PLAZA MR 2F SE BELMONT ST GROCERY ENTRANCE MR 2G Yamhill Plaza looking west Micro-Retail Spaces Apt Lobby NORTH - RETAIL LEVEL 1 MR 2E - 691 SF (OPEN TO BELOW) MR 2F - 480 SF MR 2C MR 2G - 602 SF MARKET WALK MR 2H - 1,083 SF PATIO DINING WEST 2A 1,822 SF RESTAURANT WEST - RETAIL LEVEL 2 WEST 2B 1,930 SF (divisible) PATIO mert @ mbmproperties.com *Roll-up door SE 10th AVE SOUTH - OPEN TO LEVEL 1 BELOW
SE 10 th Tenant Leasing Plan SE 12th AVE RETAIL PARKING EAST SITE - D 2,980 SF (divisible) RESTAURANT OPPORTUNITY Free-Standing Restaurant Opportunity (2,980 sq. ft.) PARKING ENTRANCE EAST - PARKING P2 SE 11th AVE NORTH - PARKING P1 SE BELMONT ST MORE PARKING SE TAYLOR ST LOADING RETAIL PARKING Orchard Supply Garden Center SE 10th & Taylor WEST - RETAIL LEVEL 1 WEST 1A 1,792 SF LEASE PENDING WEST 1B 2,065 SF (divisible) PARKING ENTRANCE LOADING SE 10th AVE MAIN ENTRY SOUTH - RETAIL LEVEL 1 GARDEN CENTER
Lower Level Parking Plan SUPER BLOCK - PARKNG P2
Demographics The Goat Blocks SE 10th & SE Belmont, Portland, OR Trade Area 0.5 Mile 1 Mile 2 Miles POPULATION HOUSEHOLDS RACE AND ETHNICITY INCOME EDUCATION (AGE 25+) 2015 Estimated Population 49,592 4,755 19,280 103,297 2020 Projected Population 52,021 5,040 20,307 108,687 2010 Census Population 46,327 4,551 18,491 97,098 2000 Census Population 40,566 4,199 17,151 83,875 Projected Annual Growth 2015 to 2020 1.0% 1.2% 1.1% 1.0% Historical Annual Growth 2000 to 2015 1.5% 0.9% 0.8% 1.5% 2015 Median Age 35.7 33.1 34.4 36.2 2015 Estimated Households 26,743 2,654 10,265 55,483 2020 Projected Households 27,761 2,749 10,659 57,809 2010 Census Households 24,646 2,533 9,791 51,570 2000 Census Households 22,317 2,327 8,869 44,388 Projected Annual Growth 2015 to 2020 0.8% 0.7% 0.8% 0.8% Historical Annual Growth 2000 to 2015 1.3% 0.9% 1.0% 1.7% 2015 Estimated White 83.9% 86.4% 86.2% 83.8% 2015 Estimated Black or African American 3.4% 2.8% 3.4% 3.9% 2015 Estimated Asian or Pacific Islander 6.2% 3.5% 3.8% 5.8% 2015 Estimated American Indian or Native Alaskan 0.8% 1.1% 0.9% 0.7% 2015 Estimated Other Races 5.8% 6.2% 5.6% 5.8% 2015 Estimated Hispanic 5.5% 5.8% 5.8% 5.4% 2015 Estimated Average Household Income $64,321 $52,949 $60,223 $72,225 2015 Estimated Median Household Income $45,310 $36,487 $42,549 $50,126 2015 Estimated Per Capita Income $35,655 $30,262 $33,101 $39,483 2015 Estimated Elementary (Grade Level 0 to 8) 2.4% 2.9% 2.2% 2.1% 2015 Estimated Some High School (Grade Level 9 to 11) 4.4% 5.5% 4.9% 4.2% 2015 Estimated High School Graduate 8.7% 11.2% 9.2% 7.9% 2015 Estimated Some College 15.5% 15.4% 16.4% 15.0% 2015 Estimated Associates Degree Only 5.2% 4.9% 5.7% 4.9% 2015 Estimated Bachelors Degree Only 27.1% 30.2% 29.4% 26.2% 2015 Estimated Graduate Degree 36.7% 29.9% 32.1% 39.6% This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. BUSINESS 2015 Estimated Total Businesses 9,805 1,036 4,023 14,999 2015 Estimated Total Employees 124,547 9,484 46,451 197,471 2015 Estimated Employee Population per Business 12.7 9.2 11.5 13.2 2015 Estimated Residential Population per Business 5.1 4.6 4.8 6.9 2015, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 1 Demographic Source: Applied Geographic Solutions 04/2015, TIGER Geography