project description - Silicon Valley Online

CITY PROJECT RUNWAY
with
Jim McMasters, Senior Vice President Retail, Colliers International
Moderator
NEW PARK RENAISSANCE ‐ NEWARK
NewPark Renaissance, Newark
• NewPark Mall
– 1,160,000 Square Feet
– 125 retail storefronts, 20 restaurants
– 4 anchor Stores & AMC IMAX Theater under
construction
• Delivery to Market: Now!!
• Location: I-880 at Mowry
Project Details
• Mall Repositioning- Entertainment and Dinning Focus to
Strengthen Draw and Increase Dwell
• Major New Tenants Under Development: AMC, John’s
Incredible Pizza, Toby Keith's Bar and Grill.
• Repositioning 300K SQFT of Inline Space.
• Modernization Throughout
• Other Opportunities:
– NewPark Plaza- Potential Big Box Location
– Former Cinedome- Potential Hotel Location
– Potential Mall Expansion/Pads
– More
NewPark Renaissance
Key Contacts
Rouse Properties:
Kevin Connell, 214-556-5141 [email protected]
City of Newark:
Terrence Grindall 510-578-4208 [email protected]
THE SHOPPES AT LIVERMORE The Shoppes at Livermore
Livermore, CA
• Project Description
– 11.59 acres
– 31 storefronts/ 124,500 square feet
– 2 restaurant pads
– 702 parking spaces
• Regional Center located at the southeast quadrant of
Jack London Blvd and El Charro Rd
• Opening Fall 2015
Project Context
Project site is located just south of the Livermore Premium Outlets. That center had more than 6 million visitors last year. This center would provide additional retail space and much needed restaurant facilities.
Key Contacts
• Developer
Red Mill Capital
Eric Helstrom, H+3, Owners Representative
[email protected] / 973-267-6220
• Economic Development
Catherine Ralston
[email protected] /925-960-4477
• Project Planner
Ben Murray, Senior Planner
[email protected] / 925-960-4472
KAISER NORTH PARCEL ‐ SAN LEANDRO
Kaiser North Parcel, San Leandro
•
Project Description
– 25 acres
– Certified EIR includes 3 scenarios
• 432,000 sf of retail
• 387,000 sf of retail with 210-room hotel or 250 residential units
• City open to alternative proposals - Supplemental EIR will be
required
•
Location
– Great freeway access/visibility
– Adjacent to Kaiser Medical Center
– Centrally located in an industrial zone undergoing a major
revitalization
– Free BART shuttle
•
Expected Delivery to Market: 2016
Key Drivers for San Leandro’s
Industrial Area
– Kaiser Medical Center
• 2,500 employees, thousands of visitors
– San Leandro LINKS
• Free shuttle to BART
– Lit San Leandro
• High Speed Fiber Optic Network
– Drake’s Brewing and 21st Amendment Brewery
– Next Generation Workplace District Initiatives
• Infrastructure Improvements, Business Incentives
Key Contacts
• Kaiser Permanente
•
Matthew Harrison, Real Estate Manager
•
(510) 625-6441
[email protected]
• City of San Leandro
•
Jeff Kay, Business Development Manager
•
(510) 577-3319
•
[email protected]
EVERGREEN CIRCLE – SAN JOSE
EVERGREEN CIRCLE, CITY OF SAN JOSE
• PROJECT DESCRIPTION: An approximate 80.98 acre site to include approximately 351,000 SF of retail, 5,000 SF of office, 217 residential units and up to Four adjacent baseball fields
• CENTER TYPE: Community Retail Center
• LOCATION: 2218 Quimby Road at Capital Expressway, San Jose
• EXPECTED DELIVERY TO MARKET: Summer 2017
PROJECT VISUALS
Location Map
PROJECT VISUALS
Aerial
PROJECT VISUALS
Conceptual Site Plan
KEY CONTACTS
• OWNER / DEVELOPER: ‐ The Arcadia Companies / Brad Dorgan / 408.961.8110
‐ Hunter Properties / Curtis Leigh / 408.350.5354
• ECONOMIC DEVELOPMENT:
‐ City of San Jose / Nanci Klein / 408.535.8184
• ARCHITECT & PLANNING: ‐ SGPA Architecture & Planning / Glenn Wood, AIA, LEED / 415.983.0131
CAMBRIAN PARK PLAZA – SAN JOSE
CAMBRIAN PARK PLAZA, CITY OF SAN JOSE
• PROJECT DESCRIPTION: An approximate 17 acre site currently operating as Cambrian Park Plaza shopping center. The property is for sale, with multiple offers under consideration.
• CENTER TYPE: In alignment with the City’s Urban Village Plan, the desired project should focus on a mix of retail and office, with ancillary residential. • LOCATION: Camden Avenue at Union Avenue, San Jose
• EXPECTED DELIVERY TO MARKET: To be determined
PROJECT VISUALS
Location Map
PROJECT VISUALS
Aerial
PROJECT VISUALS
Conceptual Site Plan
Project Data

Site size: 17.24 acres 
Office: 258,000 sq.ft.

Retail: 154,000 sq.ft.

Residential: 440 units

Public Open Space: 1.79 ac
KEY CONTACTS
• OWNER / DEVELOPER: ‐ To be determined after conclusion of sale.
• ECONOMIC DEVELOPMENT:
‐ City of San Jose / Andy Constable / 408.793.5508
• Other Contacts: ‐ Property Manager/Steven Coates /408.371.8770
‐ Listing Agent /Jim Roessler /415.837.3722
CENTURY THEATRES – SAN JOSE
CENTURY THEATRES SITE, CITY OF SAN JOSE
• PROJECT DESCRIPTION: An approximate 11.6 acre site formerly operating as the Century 21, 22, & 23 theatres. The property was recently ground leased by Federal Realty Trust for a 50 year term.
• CENTER TYPE: Complimentary to Santana Row and the City’s Urban Village Plan.
• LOCATION: Winchester Blvd., at Olsen Drive San Jose
• EXPECTED DELIVERY TO MARKET: To be determined
PROJECT VISUALS
Location Map
PROJECT VISUALS
Aerial
KEY CONTACTS
• OWNER / DEVELOPER: ‐ Federal Realty Investment Trust/ Jeff Berkes/408.551.4600
• ECONOMIC DEVELOPMENT:
‐ City of San Jose / Nanci Klein / 408.535.8184
DOWNTOWN FREMONT
USES
39
DEVELOPMENT
PROGRAM
Commercial/Retail
Gross SF/ Units/
Acres
500 K
City Offices
250 K
Office
2M
Residential
2.5 M/ 2,500 units
Performing Arts
28K
Open Space/Plaza
2.3 acres
TOTAL
5.2M SF
40
Downtown Fremont
Entitlements / Incentives
•
Reduced Development
Fees
•
Streamlined Entitlement
Process
•
Environmental Review
Work Completed
•
Reduced Parking
Requirements
Kelly Kline Economic Development Director
[email protected]
Christina Briggs
Economic Development Manager
[email protected]
Jessica von Borck
Deputy City Manager
[email protected]
www.thinksiliconvalley.com
THE GLOBE - FREMONT
The Globe-Fremont
•
•
•
Internationally Themed
Lifestyle Center
– 31 Acres
– 450,000 S.F. gross
leasable area
– Hotel: 12 stories, 248 room
keys
Entitlements Complete
Phased development
– Phase 1 complete
– Final phase complete in
2017
Located on I-880 and Stevenson Blvd
Additional Project Details
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•
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•
•
•
•
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7 Culturally Diverse Districts
Boutique Hotel
Restaurant Row
International Supermarket
Banquet and Convention
Hall
Public Spaces for Art,
Music, and Food Festivals
Water Features
Pedestrian Friendly
Easily Accessible Freeways
and Public Transportation
Key Contacts
• American Pacific Int’l Capital Development
Wai Zin, (510) 279-4066, [email protected]
Joseph Nguyen, (408) 515-3705, [email protected]
• Fremont Office of Economic Development
Kelly Kline, (510) 284-4024, [email protected]
Christina Briggs, (510) 284-4022, [email protected]
Jennifer Chen, (510) 284-4023, [email protected]
Kim Marshall, (510) 284-4026, [email protected]
DOWNTOWN MORGAN HILL
Downtown Morgan Hill
PROJECT DESCRIPTION: 4 Sites / 3.39 ac
 3 Monterey Rd Sites
• 1 story retail anchor or 2+ stories mixed use w retail
• 1.35 ac catalyst site, .54 ac, .43 ac
 1 Depot St Site
• Retail on one street office/residential above, 2+ stories
• 1.07 ac
RFQ for Developers, 7/2014
Four Opportunity Sites
Morgan Hill Demographics
• 42,000 Population
• 124k Average HH Income
• 65% College Educated
• Median Age 36
• Median Housing Value $580k
• 1.3 M visitors to Sport Facilities
• 800 Hotel Rooms, 21 Wineries Nearby
Downtown Opportunity Sites
Morgan Hill
– Currently Surrounded by:
• 123k SF Occupied Retail Space with Over 30
Restaurants
• 300 New multi family Housing Units currently planned
• 1,502 Parking Spaces available
– City has money to invest:
• $25 M for Future Investment in downtown
• Eligible for Residential Incentives: avg $31K/du
For more information contact:
Edith Ramirez
[email protected]
408-310-4633
Anne Stedler
[email protected]
408-310-4633
www.oppsites.com/cities/morganhill
JACK LONDON SQUARE ‐ OAKLAND
Jack London Square – Oakland
• Project Description
– Jack London Square is a regional hub of
commerce, entertainment and residential living.
It is one of the most well known locations in the
East Bay Area
• Mixed use featuring retail, office, entertainment
and residential
• Located at the foot of Broadway along the
Waterfront.
Project Visuals
Additional Project Details
• Jack London Square prominently features a Joi de
Vivre hotel, over a Million Square feet of Space, the
soon to open Plank!, and an eclectic array of the
area’s finest restaurants
• Jack London Square is located on the Waterfront of
the Estuary and takes up 6 City Blocks
• Jack London Square is a wonderful spot for families
to meander along the waterfront, couples out for a
date night, and home to some of the brightest
entrepreneurs in the East Bay Area.
Key Contacts
• Developer Jack London Square Ventures
Will Miller – 415.391.9800 – [email protected]
• Leasing –
Retail Leasing – Stephen Rusher & Erika Elliott
Cornish & Carey Commercial/Newmark Knight Frank
925.974.0115 – [email protected] and [email protected]
Office Leasing– Ryan Hattersley and Daniel Bisabri
Cushman & Wakefield
510.891.5802 – [email protected] and
[email protected]
SAICH STATION ‐ CUPERTINO
Saich Station, Cupertino CA
20803 Stevens Creek Boulevard & Saich Way
•
Project Description
1.29 Acres
7 retail storefronts
2 restaurants
90 Parking spaces
•
Promotional Center
•
Expected Delivery to Market:
November 2014
Saich Station, Cupertino CA
20803 Stevens Creek Boulevard & Saich Way
AVAILABLE
PENDING
Saich Station, Cupertino CA
20803 Stevens Creek Boulevard & Saich Way
•
Other uses sought:
Eyewear
Dentist
Softgoods
Hair salon
Bank
Shoes
•
Area Context:
Between Whole Foods &
Target
•
Targeted Audiences:
Target & Whole Foods
shoppers
Saich Station, Cupertino CA
20803 Stevens Creek Boulevard & Saich Way
Economic Development
Angela Tsui
Economic Development Manager
City of Cupertino
(408) 777-7607
[email protected]
CUPERTINO MAIN STREET
Economic Development:
Angela Tsui
Economic Development Manager
City of Cupertino
(408) 777‐7607
[email protected]
DOWNTOWN BERKELEY
Downtown Berkeley
Did You Know?
 Very well‐educated/well‐off trade area
– Stronger demos than DT Palo Alto, DT Walnut Creek
 17th‐densest city in the U.S.
– Denser than Washington, D.C., Seattle and Oakland
 1.35 million theater and cinema patrons
– Two venues with more annual visitors than Oakland’s Fox
 2nd‐busiest BART station outside San Francisco
– Higher ridership than 16th St / Mission
 Heavy foot traffic day and night
Downtown Berkeley
Supportive Public Sector
 New, very active PBID
– Clean‐and‐safe, marketing, recruitment
 Pro‐growth Downtown Plan and Mayor
– Allows for high‐rise projects (up to 18 stories)
 Major public investments
– New home of Berkeley Art Museum (200K annual visitors)
– Redesigned / redeveloped BART Plaza
Downtown Berkeley
Private Sector Activity
 New destination restaurants and bars
– New concepts from Bourbon & Branch, The Trappist
 1,500 new housing units in the pipeline
– Geared primarily towards young professionals, empty nesters
 90,000 sq ft of new retail space in next 2‐3 years
– Opportunity for soft goods/fashion co‐tenancy
 New, 18‐story 293‐room hotel
Acheson Commons
 Developer: Equity Residential
– Already owns six residential complexes in Downtown
 Type: Downtown/mixed‐use
– 35,000 square feet of retail space, 205 housing units
 Location: “Main and Main”
– Intersection of Shattuck Ave and University Ave
 Breaking ground in late 2014
– Contact Wana Sims ([email protected])
Berkeley Plaza
 Developer: Hill Street Realty
– Contact: Joe Penner, [email protected]
 Type: Downtown/mixed‐use
–
–
–
–
12,000 square feet of new retail space
Renovated six‐screen Landmark Shattuck Cinemas
302 “condo‐caliber” housing units Surrounded by upscale 200‐room Hotel Shattuck
 23,000 sq ft of existing retail space along Shattuck Ave – Leases set to expire starting in 2015
 Location: Shattuck Ave, one block from BART
Contact Info
Michael Caplan
Economic Development Manager
City of Berkeley
2180 Milvia Street., 5th Floor
Berkeley, CA 94703
510‐981‐2490
[email protected]
John Caner, CEO
Downtown Berkeley Association
2230 Shattuck Ave., Suite C
Berkeley, CA 94704
510.549.2230 x12
[email protected]
www.downtownberkeley.com
DUBLIN CROSSING ‐ DUBLIN
• City of Dublin
Linda Smith, Economic Development Director
(925) 452-2151
[email protected]