2ND GENRATION RETAIL/OFFICE/RESTAURANT SPACE FOR LEASE 501 W. Olympic Boulevard, Los Angeles, 90015 Outdoor Patio Seating Fronting Grand Hope Park Adjacent to FIDM AVAILABLE
2nd Generation Retail/Office/Restaurant Spaces For Lease PROPERTY DESCRIPTION Available: LOCATION Restaurant: ±925 SF Office/Retail: ±5,683 SF NEIGHBORING TENANTS DTLA $3.50 - $4.25 PSF/Mo., NNN nd Rent: Av e (Spaces can be combined) SG er oa St SITE igu 2nd generation, non-hooded restaurant space Built out office space Located on the ground floor of the 204-unit, 10-story Renaissance Tower Apartment community Contiguous to the Fashion Institute of Design and Merchandising (FIDM) with ±5,500 students and ±250 faculty Outdoor patio seating 3 blocks from Staples Center, L.A. Live, Microsoft Theater and the Grammy Museum W SF ra HIGHLIGHTS W Pic ob O lym pi cb l vd l vd *Prospective tenants are hereby advised that all uses are subject to City approval
2nd Generation Retail/Office/Restaurant Spaces For Lease Renaissance Tower - Grand Hope Park GRAND HOPE PARK OUTDOOR PATIO SEATING 204 LUXURY APARTMENTS FIDM CAMPUS AT GRAND HOPE PARK
2nd Generation Retail/Office/Restaurant Spaces For Lease Space Plan Office/Retail AVAILABLE ±5,683 SF Restaurant AVAILABLE ±925 SF
2nd Generation Retail/Office/Restaurant Spaces For Lease Neighboring Amenities SITE
2nd Generation Retail/Office/Restaurant Spaces For Lease South Park Developments 9 25 29 16 22 South Park BID South Park II BID Streetcar Route My Figueroa Route 17 30 23 33 24 20 18 19 1 2 3 28 31 27 Existing Housing Existing Hotel Off Map 7 6 8 26 32 5 MAP KEY 21 13 15 14 10 11 12 34 44 45 Planned Under Construction 46 47 35 36 52 53 48 49 54 55 4 37 38 41 43 51 39 40 42 50 39 UPCOMING MIXED USE SOUTH PARK PROJECTS 1) OCEANWIDE PLAZA : Oceanwide (~504 units, 189 keys) 2) Circa : Jamison (~564 units) 3) 1400 FIGUEROA APARTMENTS : DHG (~106 units) 4) 1501 S HILL : JADE Enterprises 5) ONYX EAST : JADE Enterprises (~162 units) 6) ONYX APARTMENTS WEST : JADE Enterprises 7) 1212 FLOWER ST. APARTMENTS : Onni (~730 units) 8) HOPE ST. APtS. : Full Power Properties : (~208 units) 9) Proposed Mixed Use: Shenglong (~650 keys) 10) TEN50 CONDOS : Trumark Urban (~151 units) 11) GRAND HIGHRISE : Mack Urban (~512 units) 12) 12th & GRAND : Wolff/Astani (~640 units) 13) 1201 Grand : Shenglong 14) E ON GRAND : 4D Development (~115 units) 15) 1233 Grand: Shenglong (~150 units) 16) J.W. MARRIOTT EXPANSION : AEG (~755 keys) 17) Olympic Tower: Neman (~374 units, 373 keys) 18) APEX II : Holland Partner Group (~341 keys) 19) LUXE DEVELOPMENT : Hazens (~350 units, 300 keys) 20) LIGHTSTONE HOTEL : (~1,100 keys) 21) 1130 HOPE ST. BOUTIQUE HOTEL (~44 keys) 22) LA CONVENTION CENTER EXPANSION : City 23) LOS ANGELES STREETCAR : City/LASI 24) MY FIGUEROA STREETSCAPE PROJECT : City 25) Cambria Hotel; Pacific Property Partners (225 Keys) 26) Mixed Use : (147 units) 27) Future Development: L & R 28) Future Development: Honda Site PROJECTS OUTSIDE OF SOUTH PARK 29) METROPOLIS : Greenland (~1540 units) 30) WILSHIRE GRAND : Korean Air (~900 keys) 31) THE BLOC : Ratkovich Company 32) 888 SOUTH HOPE : CIM Group (~526 units) 33) 744 Figueroa: Mitsui Fudosan (~436 units) 34) 801 OLIVE : Carmel Partners (~363 units) 35) FREEHAND HOTEL : Sydell Group (~200 keys) 36) 820 S OLIVE MIXED USE : Onni (~589 units) 37) ALEXAN S. BROADWAY : Trammel Crow (~305 units) 38) HILL ST. LOFTS : Barry Shy (~239 units) 39) BROADWAY PALACE : Palmer (~679 units) 40) SOLA VILLAGE : The Reef (~1,449 units) 41) 940 HILL: 940 Hill LLC (~232 units) 42) Hoxton Hotel: Hoxton 43) Onni Development: Onni Group UPCOMING MIXED USE SOUTH PARK II PROJECTS 44) 1001 OLIVE APARTMENTS : Lennar (~201 units) 45) FUTURE DEVELOPMENT : Cresecent Heights 46) OLIVE AVE. PROJECT : Mack Urban (~243 units) 47) MACK URBAN MIXED USE: Mack Urban 48) MIXED USE : Forest City (~391 units) 49) HERALD EXAMINER : Hearst 50) 12th & BROADWAY : Forest City 51) PROPER HOTEL : Kor Group/Alma (~151 keys) 52) PICO & OLIVE APARTMENTS : Wolff/Astani (~640 units) 53) PICO PROJECT : Mack Urban (~362 units) 54) 1340 S. OLIVE : Jade Enterprises (~154 units) 55) 14TH AND HILL: Dave Gordan (240 units)
2nd Generation Retail/Office/Restaurant Spaces For Lease Demographics POPULATION GROWTH RESIDENTIAL UNITS AVERAGE CONDO PRICE PER SQ. FT. 1999 18,700 2015 60,618 2015 2015 1999 1999 35,449 $605 11,626 $169 PROPERTY VALUE $13.6 BILLION 2015 A VIBRANT COMMUNITY $98,000 AVERAGE MEDIAN HOUSEHOLD INCOME OF RESIDENTS 66% OF RESIDENTS ARE BETWEEN AGES OF 23-44 79% OF RESIDENTS HAVE EARNED COLLEGE DEGREE OR HIGHER 500,000+ WEEKLY POPULATION $4.8 BILLION 1998 OPEN FOR BUSINESS 800+ NEW RESTAURANTS, BARS, RETAIL, NIGHTLIFE, AND AMENITIES 2008-2015 19 MILLION ANNUAL VISITORS CONTINUED GROWTH HOTEL ROOMS RESIDENTIAL UNITS 8,163 CURRENT INVENTORY 35,449 CURRENT INVENTORY 2,515 UNDER CONSTRUCTION 10,170 UNDER CONSTRUCTION 2,876 PIPELINE 15,334 PIPELINE Source: Downtown Center Business Improvement District, 2014 Annual Report