www.atmateo.com
AT MATEO - INTRODUCTION Available to Introduction retail, restaurants, creative, fashion, arts & service businesses. From the vineyards and citrus groves of the 19th century, emerges, the Arts Districts preeminent destination for shopping dining and gathering. Located in the eastern section of the downtown core, along the western banks of the Los Angeles River and easily accessed by three major arterial freeways, the Los Angeles Arts District has evolved into one of the country s most talked about, imaginative and authentic, upscale urban neighborhoods. Fewer than forty square blocks of historical brick, concrete and wood beamed industrial warehouses and manufacturing plants, accented by the colorful character of dynamic murals and compelling architecture encompass this unique neighborhood. PROJECT FACTS +/- 130,000 s.f. is at the epicenter of the Arts District, providing locals and visitors alike with artisan eateries, fashion-forward retailers and local services to complement the avant garde and sophisticated culture of the neighborhood. +/- 400 car parking structure on site Opening Fall of 2016
ARTS DISTRICT - THE HISTORY The History of the Arts District In its first incarnation, the fertile area now known as the Arts District was developed into acres of vineyards and citrus orchards by Los Angeles pioneers of the 19th century. By the early 1920 s, the growing demand for warehouses and shipping depots to manage the agricultural industry determined the architectural landscape for the area in the next century. The manufacturing boom, coupled with the inception of transcontinental rail transportation, spurred economic growth and the development of Los Angeles as a major West Coast logistics hub. During this time the master plan for the Arts District we know today was developed.
ARTS DISTRICT - THE HISTORY Many buildings from this era still stand, contributing to the unique fabric of the neighborhood today. By the early 1970 s the forgotten warehouses became an economic refuge for an emerging group of artists and pioneering spirits, resulting in an important new term: Artist in Residence, whereby the City officially granted the right to utilize former industrial buildings as residences. During this period, one of the legendary music venues, Al s Bar, which sat on the ground floor of the American Hotel, was home to the punk rock scene from the late 1970 s to early 1990 s. Performers such as The Red Hot Chili Peppers, Nirvana, and Beck performed at the legendary bar in the early stages of their careers. With its rich history and distinct architecture, the Arts District continues to evolve as one of the most desirable urban destinations in the country, boasting a well-sculpted culinary culture and cutting edge retail. Its high demand residential housing market is increasingly fueled by an influx of art and architecture businesses, and green technology industries. Today, the Arts District is a culturally significant community, as well as a vibrant, creative business district, and enjoys an ever-emerging international reputation for playing it cool. From consumable to textile art and everything in between, the reputation of The Arts District will be respected and revered. From vineyards to warehouses to a culturally significant community.
ARTS DISTRICT - THE COMMUNITY The Community
America s next great City is inside L.A. GQ MAGAZINE - 2014
Amid the glittering towers and crumbly Art Deco facades, a new generation of adventurous chefs, bartenders, loft dwellers, artists, and developers are creating a neighborhood as electrifying and gritty as New York in the 70s. GQ MAGAZINE - 2014
AT MATEO - DOWNTOWN AND ARTS DISTRICT AERIAL VIEW
AT MATEO - THE DESIGN The Design s design is inspired by the history of the Arts District s constant change over nearly two centuries: evolving from vineyards to factories, to artist enclave, neighborhood, dining destination and urban oasis, as well as its reputation for being L.A. s creative escape. As envisioned, will offer more than 130,000 square feet of commercial space, constructed with sourced used brick and steel, to give the buildings a quality and aesthetic, both reverential to the relics of its industrial past and a nod to its repurposed future. AT MATEO PARKING s 400+/- car parking structure will provide a much needed amenity for the Arts District. Three levels of parking are designed with an artistic edge to be open and inviting and serve as a premier amenity for the project and the community. In addition to abundant natural night, thoughtful details throughout will promote a sense of security, and optimal vertical transportation with direct access and points of entry to shops, restaurants and paseos at street level.
MATEO STREET VIEW
PALMETTO STREET VIEW
PASEO 1 AT MATEO STREET
PASEO 2 AT CORNER OF MATEO AND PALMETTO
CORNER OF MATEO AND PALMETTO VIEW
AT MATEO - DEMOGRAPHICS Arts District Demographics PARAMETERS Roughly bordered by Alameda Street and the Los Angeles River between 7th Street and the 101 freeway. MEDIAN AGE EDUCATION LEVELS Age 34 DTLA - 80% (Downtown LA Demographic Study 2013) Completed 4yrs of College or higher AVERAGE INCOME $126,000 VISITORS 10 Million plus annually - $90,580 Median Income (Downtown LA Demographic Study 2103) OFFICE SPACE Approx. 31 million square feet in downtown LA with 500,000 daytime employees (2 0 1 2 Ho r i z o n C o n s u m e r S e r v i c e s P u b l i s h e d Report - A r t s D i s t r i c t) MEDIAN INCOME DRIVE TIMES (2014) - POPULATION 5 Minutes: 68,822 15 Minutes: 2,220,935 30 Minutes: 8,450,896 $98,700 (Downtown LA Demographic Study 2013) INCOME COMPARISON 26% 20% ARTS DISTRICT RESIDENTIAL UNITS 1,913 + 1,717 = 3,630 Current Inventory + Future Inventory = Total Inventory F U L L T I M E S T U DE N T S +/- 66,000 (Within 4 Miles) Over $20 billion has been invested in Downtown LA over the past decade including: Arts & Entertainment $1,316,900,000 Civic & Institutional $2,462,700,000 Commercial $759,000,000 Mixed-Use $7,694,133,647 Residential $4,609,600,000 Transit $3,207,000,000 Total $20,095,633,647 Source: Downtown Center BID of residents earn $150,000 in 2014 of residents earn $150,000 in 2011 SINCE 2006, THE MARKET HAS BENEFITED FROM: (Downtown LA Demographic Study 2013) 37% Increase in Downtown residency 20% Growth Among Major Branded hotels with the Addition of Over 1,000 Rooms
Contact 310.282.5300 For more information, please contact: Sally Vogel sally.v@b-srealty.com Carie Boyce cboyce@b-srealty.com Max Radji mradji@b-srealty.com Another High Street Development by: Exclusive Agent BLATTEIS & SCHNUR, INC. 1940 Century Park East, Suite 200, Los Angeles, CA 90067 Although the contents of this leasing package are considered to be true and correct, Blatteis & Schnur, Inc and their agents or affiliates do not make any warranties or representations to the accuracy of the Exhibits. This leasing package is provided for discussion purposes only. All buildings, tenants and uses as may be shown will change during the design process