RETAIL RESTAURANT GALLERY ARTS DISTRICT DOWNTOWN LA PRESENTED BY: JAY LUCHS VICE CHAIRMAN BRIAN ABDI DIRECTOR
3 RD STREET VIEW TRACTION AVENUE VIEW EAT. DRINK. ART. DETAILS 950 E 3 RD STREET, DTLA Retail/Restaurant/Gallery spaces For Lease on prime 3rd Street and Traction Avenue Up to 23,480 Square Feet of Retail/Restaurant/Gallery space available 13-20 ft ceiling heights 180 Parking Spaces on-site dedicated to the commercial spaces 472 Apartment Units with state of the art amenities. Aliso Art Gallery Row with common area seating Pedestrian thoroughfare connecting 3rd Street and Traction Avenue TRACTION AVENUE VIEW Community Life Style and Amenities Footsteps from the Southern California Institute of Architecture (SCI-Arc)
THE ARTS DISTRICT The Arts District in Downtown Los Angeles is one of the hottest neighborhoods. Located just east of Little Tokyo and west of the L.A. River, the Arts District is at the height of Downtown L.A. s renaissance. What started as an urban artist s colony in the 1970 s has recently become a hotbed for creators from all arenas, making it one of the city s most exciting neighborhoods to visit. Traction Avenue and East 3rd Street have become the epicenter of dining and shopping for the north end of the district. Prominent galleries such as Hauser and Wirth, and eateries like Wurstkuche, Umami Burger, Pie Hole and the Arts District Brewery have not only become local favorites but popular attractions for visitors and tourists. Today, along with the great eateries and galleries, renown retailers are positioning themselves to open flagship stores on East 3rd Street such as Le Labo, 3.1Phillip Lim and Shinola.
ARTS DISTRICT DEMOGRAPHICS AVERAGE INCOME $126,000 VISITORS 10 MILLION+ ANNUALLY $90,580 Median Income OFFICE SPACE APPROX. 31 MILLION SF in DTLA with 500,000 Daytime Employees MEDIAN INCOME $98,700 MEDIAN AGE 34 YRS. ARTS DISTRICT RESIDENTIAL UNITS 3,630 Current Inventory + Future Inventory SINCE 2006 THE DTLA MARKET HAS BENEFITED FROM 20% GROWTH Among Major Branded Hotels w/ the Addition of Over 1,000 Rooms
ARTS DISTRICT DEVELOPMENTS AND SITES 1. 5. 9. 12. 2. 1. 2. THE GAREY BUILDING Built in 2016 320 Units/5 Stories ONE SANTA FE (Residential) Built in 2014 438 Units 7. 8. 9. 668 ALAMEDA (Residential) Residential projects will replace an old cold storage building with 475 live-work apartments and 45,500 square feet of commercial space. *PROPOSED 670 MESQUIT (Residential / Retail) two boutique hotels with about 225 rooms, 800,000 square feet of creative office space, about 250 residential units, shops, and open space along the LA River. *PROPOSED 929 EAST SECOND STREET (Residential / Offices / Clubs) 64,000 Square Feet *PROPOSED 10. 13. 11. 3. THE FORD FACTORY BUILDING 257,000 SF office building leased by Warner Music for the next 13 years. Will open fall of 2018. 10. ARTS DISTRICT CENTER (Mixed Use) 129 live-work condominiums, a 113-room boutique "art" hotel *PROPOSED 7. 4. 8. 3. 6. 4. 5. 6. 6AM PROJECT 58-story towers 636,000 SF of mixed-use, complex that is proposed to feature live/work residences, creative offices, hotel and retail uses, and public gathering spaces. *PROPOSED FOURTH & TRACTION (Offices/Retail/Restaurants) 32,000 SF of creative office space & 10,000 SF of Retail spaces. SOHO HOUSE (Hotel / Bar) A Members-Only club that will include 1,500 SF performance space, a 14,000 SF public market, a rooftop pool/observation deck and 36 guest rooms. 11. 12. 13. LUCKY BRAND HEADQUARTERS (Offices) 940 E 2ND ST LOFTS (Residential) 40+ Units BARKER BLOCK 530 S. HEWITT ST. (Residential) 320 Units
NEIGHBORING TENANTS
ALAMEDA ST. E. 2ND ST. ROSE ST. S. HEWITT ST. S. GAREY ST. 46 VIGNES ST. E. 2ND ST. E. 1ST ST. AREA OVERVIEW 01 EAT DRINK AMERICANO 23-A ZINC CAFE S. CENTRAL AVE. E. 4TH PL. ALAMEDA ST. ALAMEDA ST. TRACTION AVE. 06 S. HEWITT ST. E. 4TH ST. SEATON ST. 17 02 16 05 04 03 09 07 08 10 12 COLYTON ST. 11 E. 5TH ST. PALMETTO ST. FACTORY PL. E. 6TH ST. WHOLESALE ST. INDUSTRIAL ST. 7TH ST. TRACTION AVE. 14 13 E. 3RD ST. E. 4TH ST. E. 4TH ST. 28 18 25 21 19 22 20 S. HEWITT ST. 29 MILL ST. 01 MOLINO ST. WILSON ST. E. 4th PL. 30 MATEO ST. 7TH ST. 7TH ST. E. 7TH PL. VIOLET PL. BAY ST. S. SANTA FE AVE. E. 4TH PL. 23 MATEO ST. 32 31 15 PALMETTO ST. WILLOW ST. 24 33 37 38 IMPERIAL ST. 34 35 36 27 S. SANTA FE AVE. 26 JESSE ST. 47 45 LOS ANGELES RIVER E. 4TH ST. S. SANTA FE AVE. 39 44 41 E. 7TH PL. 42 43 40 VIOLET PL. BAY ST. S. MISSION RD. 02 HAUSER, WIRTH & SHIMMEL GALLERY 03-A BLACKTOP COFFEE 03-B ALCHEMY WORKS 04 POCKETO 05 WURSTKÜCHE 06 ANGEL CITY BREWERY 07 EIGHTY TWO 08-A UMAMI BURGER 08-B 3.1 PHILLIP LIM 09 LE LABO 10 THE PIE HOLE 11 ART SHARE LA 12 GROUNDWORK COFFEE CO. 13 ARTS DISTRICT BREWING 14 FRITZI 15-A GROW THE PRODUCE SHOP 15-B EDIBOL 15-C CAFÉ GRATITUDE 15-D BULLETPROOF COFFEE HENNESSEY + INGALLS 16 SALT & STRAW 17 SHINOLA 18 THE CHAIRMAN 19 URTH CAFE 20 RESIDENT 21 TROJAN CROSSFIT 22 LOS ANGELES CLEANTECH INCUBATOR 23-B BAR MATEO 24 BLUE BOTTLE COFFEE 25 FACTORY KITCHEN 26 VILLAINS TAVERN 27 WILLOW STUDIOS 28 A+D MUSEUM 29 OFFICINE BRERA 30-A DAILY DOSE CAFE 30-B POUR HAUS WINE BAR 31 CHURCH & STATE 32 LITTLE BEAR 33 THE SPRINGS LA 34 URBAN RADISH 35 TONY S SALOON 36 PIZZANISTA! 37 EVERSON ROYCE BAR 38 SILVERLAKE WINE ARTS DISTRICT 39 BREAD LOUNGE 40 PETTY CASH TAQUERIA 41 BESTIA 42 STUMPTOWN COFFEE ROASTERS 43 HD BUTTERCUP 44 SOHO HOUSE 45 AMERICAN TEA ROOM 46 THE GAREY BUILDING 47 WARNER MUSIC GROUP
OVERALL SITE PLAN SOUTHERN CALIFORNIA INSTITUTE OF ARCHITECTURE
3RD STREET RETAIL / RESTAURANTS PLANS GALLERY ROW TRASH RETAIL #2 4,366sf RESIDENTIAL LEASING OFFICE RETAIL #1C 3,550sf RETAIL #1B 2,645sf TRASH RETAIL #1A 2,645sf 3rd St. Parking Entrance
GALLERY ROW RETAIL PLANS ARROW LEADS TO RETAIL/RESTAURANTS FROM PARKING LOT GALLERY #2B 2,300sf GALLERY #2A 2,130sf GALLERY #1 1,062sf GALLERY ROW WALKWAY
TRACTION AVE. RETAIL / RESTAURANT PLANS RETAIL #4 1,842sf PATIO SEATING PATIO SEATING RETAIL #3 2,941sf
LEASING INQUIRIES, PLEASE CONTACT: JAY LUCHS VICE CHAIRMAN CA RE LIC: 01260345 NEWMARK KNIGHT FRANK T: 310.407.6585 JAY.LUCHS@NGKF.COM WWW.JAYLUCHS.COM BRIAN ABDI DIRECTOR CA RE LIC: 01879399 BRIDGE REAL ESTATE T: 310.275.9222 BA@BRIDGEREALESTATE.COM