for lease northwest The Brewery Blocks / Blocks 1, 3, 4, 5 2 spaces available: +/- 2,914 square feet @ 13th & burnside +/- 949 square feet @ 12th between couch & davis dan bozich andrew usher craig sweitzer 503.228.3080 www.urbanworksrealestate.com Updated 9.17.08
the area pearl district overview Over the past decade the Pearl District has transformed from heavy industrial manufacturing and rail yards to a thriving retail and residential Mecca. The overall district is bordered by NW 16th/I-405 to the west, NW Broadway to the east, Burnside to the south, and the Willamette River to the North. The residential growth has been the catalyst for the ever-emerging area with approximately 6,000 existing and planned residential units in the pipeline. The residents of the area on average are between the ages of 25-40 with the vast majority being single or couples without children. This growth has created the demand for retail, which has flourished in order to support this population. parks Woven between residential and retail are several existing and planned parks: Jamison Square Park, at NW 10th & Johnson attracts residents, visitors and throngs of families with children during warm weather to play in the fountain. Tanner Springs Park, located at NW 11th & Marshall features wetlands, a pond with a pontoon and cobblestone pathways. The next planned park is an activity park between NW 10th & 11th and Overton & Quimby Streets. This three acre park, which will be called The Fields, is currently in the planning stages. Construction is proposed to start mid-2008. The North Park Blocks spans six blocks between NW 8th & Park and provides another greenspace for residents and visitors to enjoy. pearl district retail mix Grocery (Whole Foods, and a 40,000 square foot Safeway store currently under construction at NW 14th & Lovejoy) Drugstore (Rite Aid at NW 10th & Hoyt) Big Box Retailers (REI, Office Max, 24 Hour Fitness, and a LA Fitness currently under construction at NW 14th & Northrup) Boutique retailers (clothing, shoes, and art galleries) Food (over 35 restaurants, bars, and numerous coffee establishments call the Pearl District home
the brewery blocks the brewery blocks The Brewery Blocks remain the heart and soul of the Pearl District, which has evolved from industrial warehouses, manufacturing and a dilapidated brewery into a five-block 1.7 million square foot mixed-use redevelopment that consists of urban retail, class A office, and residential housing. The Brewery Blocks retail tenant mix is amongst the best Portland offers in terms of national and local retailers and restaurants, with a co-tenancy including the likes of Whole Foods, The North Face, lucy, adidas, Puma, PF Chang s, Anthropologie, Finn and the ten 01 restaurant. With the streetcar accessibility and 1,350 subgrade parking spaces the Brewery Blocks is not only busy fulfilling the neighborhoods needs, but is a true regional draw. available space Approximately 2,914 square feet is available at the corner of NW 13th & Burnside. Additionally, 949 square feet is available on NW 12th between Couch & Davis. sustainability The Brewery Blocks has not only been in the spotlight for its aesthetics and national tenants, but it is an example of an urban sustainable neighborhood development. The 5-block project is now controlled under two separate ownerships. One group controls blocks 1,3,4, and 5 and another controls block 2. Each of these blocks fall under the USGBC (U.S. Green Building Council) LEED (Leadership in Energy and Environmental Design) certification; Block 1- LEED Silver, Block 2- LEED Gold, Block 3- (Armory) LEED Platinum, Block 3- (the Henry) LEED Gold, Block 4- LEED Gold, and Block 5- LEED Gold. Due to the nature of a redevelopment, maintaining historical integrity, re-using existing structures, and by adding new structures, the buildings varied in terms of their certification. Block 1 houses a high efficiency cooling plant and chilled air system which is able to feed the additional blocks with cool water and air. Day lighting, high efficiency glazing, and window shading is used throughout the development to reduce cooling loads and minimize electrical needs pulled from lighting. This project used local and recycled materials where feasible with new construction, and recycled and salvaged 94% of its components during the demolition phases. These features along with eco-roofs, the use of certified wood products and many other features are examples of how this project has been a signature example of sustainability not only in Portland, but in the Country, and achieved the certification and recognition that it has.
the brewery blocks C & W Property Management +/- 2,914 SF +/- 949 SF Ice Breakers ten 01
the brewery blocks block 1 Available! NW 13th & Burnside NW 12th & Couch +/- 2,914 SF Available
the brewery blocks block 4 Available! NW 11th & Couch NW 12th Ave. Finn +/- 949 SF Available
the brewery blocks blocks 3 & 5 ten 01 Block 3 - adidas Property Management Block 6 - West Elm
downtown/pearl district overview NW 23rd Area Pearl District Brewery Blocks Downtown
area map McMenamin's Hotel Redevelopment The Casey Cafe Umbria "12W" 22 story Re-Development Ice Breakers Stumptown Coffee Living Room Theaters Proposed Re-Development Office/Retail Sushi Land Park Blocks
PEARL DISTRICT HOUSING GROWTH 1994 to present project name housing # of type units Yards at Union Station Rentals 535 Chown Pella Lofts 68 McKenzie Lofts Lofts 68 Irving Street Townhomes Townhouses 14 Pearl Lofts Condos 27 Hoyt Commons Condos 48 City Lofts Lofts 15 Flander Lofts Lofts 25 Irving Street Lofts Lofts 86 Pearl Court Rentals 199 Pearl Townhouses Townhouses 10 Modern Confectioner Lofts Condos 6 Riverstone Condos 121 North Park Lofts Lofts 70 * Riverscape Townhomes Condos 195 Kearney Plaza Rentals 139 Johnson Townhomes Townhouses 13 Gregory Lofts Lofts 130 Pearl II Townhomes Townhouses 10 Lovejoy Station Rentals 181 Streetcar Lofts Lofts 134 Marshall Wells Lofts Lofts 164 Burlington Tower Rentals 155 Bridgeport Condominiums Condos 123 Park Place Condominiums Condos 124 Honeyman Hardware Lofts Lofts 106 project name housing # of type units Lexis on the Park Condos 139 The Pinnacle Condos 176 The Metropolitan Condos 136 The Sitka Rentals 210 Elizabeth Lofts Lofts 182 The Edge Lofts 123 The Avenue Lofts 195 Station Place Rentals 176 The Louisa Apartments 242 The Henry Condos 123 10th @ Hoyt Rentals 178 Tanner Place Condos 120 Park Northwest Condos 18 * Waterfront Pearl Condos 192 McCormick Pier Condos 300 Crane Building Rentals 32 The Casey Condos 56 The Lovejoy (Block 2) Rentals 210 * The Encore Condos 177 The Wyatt Apartments 135 * 937 Condos Condos 114 Total 6,000 * Under Construction ** Planned
area demographics 2007 Demographics population daytime population average hh income median disposable white collar professionals single 1 mile 3 miles 5 miles 29,507 133,213 348,304 105,580 274,215 364,024 $42,942 $64,483 $66,056 $26,414 $41,622 $45,077 73.3% 73.2% 70.0% 55.7% 44.6% 37.7% ten 01 Restaurant located on NW 10th lucy located on NW Couch American Apparel located on W Burnside Jamison Square Park
1230 sw 1st avenue, suite 201, portland, or 97204 t) 503.228.3080 f) 503.228.3079 w) urbanworksrealestate.com The information contained herein is believed to be accurate but is not warranted as to its accuracy and may change or be updated without notice. Seller or landlord makes no representation as to the environmental condition of the property and recommends purchaser s or tenant s independent investigation.