Contents - Binswanger

Property Overview
Contents
SECTION 1. MILLENNIUM SITE OVERVIEW
Millennium
SECTION 2.
FLOOR PLANS
Conshohocken, PA
SECTION 3. MILLENNIUM APARTMENTS &
CONDOMINIUMS
SECTION 4. LOCATION & TRANSPORTATION
SECTION 5. AMENITIES
SECTION 6. DEVELOPMENT TEAM
Exclusive Leasing Agent:
Millennium
Site
Overview
Introduction
The Center for Excellence
Millennium is among the first
“total” live, work and play
environments designed for
today’s sophisticated and
aggressive companies.
Millennium is strategically
located in the region’s most
affluent and densely populated
labor markets in the Philadelphia
Metropolitan area.
PROPERTY DESCRIPTION:
Millennium is a 26+ contiguous acre waterfront development site located at the
intersection of Washington Street and Ash Street in the Southeastern portion of
Conshohocken Borough, Montgomery County, Pennsylvania. The site is one
block east of the Fayette Street Bridge, the main corridor across the Schuylkill
River. Millennium’s borders are Ash Street to the west, Washington Street to the
north and Cherry Street to the east with the Schuylkill River to the south.
Millennium is within one mile from the intersection of U.S. Route 476 and U.S.
Route 76 and approximately 6 miles from U.S. Route 202 and the Pennsylvania
Turnpike in King of Prussia, Pennsylvania.
Millennium offers excellent visibility, building signage, immediate access to
public transportation by rail or bus and a covered parking garage. The unique
attributes of Millennium is the one-half mile of frontage along the Schuylkill
River and, the only live, work and play environment in the marketplace with
Class ‘A’ office space, 576 luxury apartments, restaurants, banking, retail shops,
a full fitness center, a childcare facility and easy accessibility to commuter lines
providing service to Center City Philadelphia and the Northeast corridor.
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Site
Millennium
a
Overview
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Millennium An Urban Campus
Amenities
•Restaurants, with outdoor riverfront dining
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Valley Forge Bike Trail
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Parking Garage
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Millennium I
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Millennium IV
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Millennium II
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Outdoor Dining
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Millennium III
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Millennium V
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Septa R6 Line
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Millennium VI
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Parking Garage
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Riverwalk
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Millennium Luxury
Apartments
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Courtyard
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Boathouse Site
•Exclusive day care to Millennium tenants
•Full Service Fitness Center
•Bike path and jogging trail
•Outdoor courtyard with formal gardens
•Dry cleaner
•Concierge Service
•University sculling & boat houses
•Garden-style luxury condominiums
•Fine dining restaurants surround the area
•Numerous private schools, universities &
hotels within walking distance
Millennium
Site
Overview
SITE:
Millennium offers a combination of over 800,000 square feet of the finest Class ‘A’ office and
retail space in the suburban market, over 375 deluxe, high-profile apartment residences complete
with covered parking, pool, fitness center, and expansive outdoor, lushly landscaped, formal
gardens for the pursuit of virtually every type of recreational activity.
Millennium II & III are two (2) 69,000 square foot Foundries inspired by the iron foundries
that were once housed on this very site. The kiln dried red brick exterior is accented with precast concrete blocks, ten foot continuous glass panels and exposed steel channels, combining the
look of the past and a feel of the present.
Millennium IV & V are two, eleven (11) story 270,000 RSF state of the art high-rise buildings.
Both will be connected at the lobby ground floor level with a 300-foot grand courtyard complete
with a 50 foot majestic fountain and outdoor seating to accommodate the numerous restaurants
servicing the plaza.
Millennium gives you everything - work space that supports and promotes productivity and
innovation; and amenities that attract the most talented and and most discriminating employees.
Millennium is a total live, work, and play environment that can sharpen your company’s
competitive edge within an environment never before seen in the Philadelphia suburban market.
Site
Millennium
Overview
SQUARE FOOT AVAILABLE
Building
Floors
Gross SF
Millennium I
3
3,200 available
Millennium II
2
Fully Leased
Millennium III
2
43,311 available
Millennium IV
11
270,000 available
Millennium V
11
270,000 available
The Courtyard at Millennium
*Fountain area will also serve as an outdoor
venue for tenants and local organizations.
Millennium
Millennium
I
West Front Entranceway
along Ash Street
BUILDING FEATURES FOR MILLENNIUM I:
• Corporate Signature building with classic architectural detailing in pre-cast concrete with
granite accents
• Top floor balcony
• 9’ ceilings throughout
• Nearly column free open floor plates
• Ample parking 3 ½ per 1000
• Elegantly appointed lobby with granite accents
• Pre-wired with fiber optic cables providing Internet access to all tenants
• Oversized HVAC system with capacity to deliver 100% fresh air
• European bathrooms with marble counter tops and floors
Millennium
Entranceway Promenade
Millennium II & III
Millennium
II & III
Millennium
Millennium
IV & V
Millennium IV & V are two eleven (11) story 270,000 RSF state of the art high-rise buildings. Both will be
connected at the lobby ground floor level with a 300-foot grand courtyard complete with a 50 foot majestic
fountain and outdoor seating to accommodate the numerous restaurants servicing the plaza..
Dining at Millennium…
Millennium
The building’s
envelope is composed
of steel and brick for
that industrial feel, which
in turn reflects a piece
of historical Conshohocken.
Site
Overview
Architecture
The modern buildings echo the past with articulated brick, glass,
and industrial detailing, then move quickly to the future. A classic,
columned façade overlooks the graceful flow of the Schuylkill
River; highlighted with multiple open terraces with expansive river
views.
Configuration
Each project is unique and offers Tenants the choice of a standard 10’
ceiling height configuration or an exposed 20’open ceiling. O’Neill
Properties hallmarks include attention to historical and modern detail;
large,high-ceiling spaces which invites innovative interior design; and
robust technological infrastructure. These alternatives are offered by a
developer who has spared no expense to deliver the finest quality and
choice available to tenants today.
Millennium
Site
Overview
WORKFORCE DEMOGRAPHICS:
The number of household in this area increased by 1.7% between 1990 and the
current year, from 74,640 to 75,908, compared to 11.0% for increase by 0.8%,
from 75,908 to 76,521, compared to 5.1% for United States as a whole.
Average income levels in this area grew by 51.7% between 1990 and current year;
from $62,900 to $95,450. The current-year per capita income for this area is
$38,401 compared to $21,350 for United States as a whole.
73.5% of the workers in this area had White Collar occupations, 15.3% had Blue
Collar occupations, and 11.2% had other types of occupations as of 1990.
16.5% of the population in this area were in the “Executive & Managerial”
occupational category.
15.5% of the population in this area had earned a Graduate Degree and 21.1%
had earned a Bachelors Degree Only as of 1990.
Most of the dwellings in this area 66.5% were Owner Occupied as of 1990.
The highest percentage of the dwellings in this area 42.4% were Single Unit
Detached in 1990. Most of the dwellings in this area 29.6% were built
1939 or earlier.
Workforce Demographics
p
GARAGE
MILLENNIUM FOUR
SECOND FLOOR
MILLENNIUM FOUR
THIRD FLOOR
MILLENNIUM FOUR
FLOORS 4 - 9
MILLENNIUM FOUR
TENTH FLOOR
MILLENNIUM FOUR
ELEVENTH FLOOR
MILLENNIUM FOUR
MILLENNIUM FOUR
ROOF PLAN
Millennium
Apartments
Condominiums
In a joint venture with Bozzuto Development Company, O’Neill Properties will develop the
Millennium Apartments, a nine acre residential parcel situated along the Schuylkill River. This
European-style high profile complex will be a mixture of rental housing complete with 375
apartment units at an average net rental space of 900 square feet and 125 condominium units at
an average size of 1,250 square feet.
The intended mix will be 67% one-bedroom units and 33% two-bedroom units. The apartment
buildings will be Type 5 construction, which consists of wood frame, four story units on top of
a concrete parking deck. On property parking is 1.5 spaces per unit. On-site amenities will
include a fitness center, business center, billiard room, media room, an outdoor pool and
barbecue facilities highlighted by a waterfront promenade.
Riverfront Elevation
Bozzuto Development Company
Bozzuto Development Company has been one of the top producers of multifamily rental housing in the country since
its formation in 1988. In addition to developing award winning quality apartments in joint ventures with leading
financial institutions and partners, the company also provides comprehensive third party development services for a
variety of clients. The principals and senior staff of BDC have collectively been responsible for the development of
more than 25,000 multifamily units. The company has earned its reputation as a leader in apartment community
development by providing creative, innovative products that are carefully integrated with the surrounding
environment, and which have, as their hallmark, concern for the comfort and needs of their residents. Committed to
"smart-growth", Bozzuto Development Company's efforts have been recognized in the numerous awards received for
quality, innovative architectural design and environmental sensitivity.
Bozzuto Development Company is particularly recognized as a national leader in the creation of extraordinary
multifamily housing in Traditional Neighborhood Designed (TND) communities. TND is a design form that connects
residential and commercial uses in a community with the focus on the pedestrian. Bozzuto, for example, has built
almost all the multifamily housing in the award winning Kentlands New Town in Gaithersburg, Maryland. Bozzuto is
also well regarded for its success in developing award-winning planned communities.
Millennium
Apartments
Condominiums
Millennium
Apartments
Condominiums
Millennium
Washington Street Elevation
Concept Plan
Apartments
Condominiums
Millennium
Apartments
Condominiums
Cherry Street Elevation
Garage Level
Building Plan
Millennium
Location
LOCATION:
•The Schuylkill Expressway (I-76) runs East-West to
Philadelphia.
•The “Blue Route” (I-476) runs North- South providing
access to New York City or Wilmington, Delaware.
•The Pennsylvania Turnpike (I-276) runs East-West for
travel to Harrisburg or Pittsburgh.
•SEPTA R6 rail line commutes to Philadelphia daily.
Millennium
Location
O’Neill projects offer easy access to
important transportation hubs and
arteries, and centers of culture and
commerce. It is hard to imagine a
place that fulfills this requirement
more perfectly than Millennium,
situated as it is at a veritable MidAtlantic transportation hub.
Millennium Transportation
Mass Transit
Connections
Septa
Millennium
Amenities
Amenities
There are over 100 eating
establishments available within a
five-mile radius with
construction underway directly
across the street for the
development of a 116-room
Residence Inn hotel and within
one mile, the Marriott West hotel
offers 286 guest rooms and over
9,000 square feet of meeting and
banquet space.
On site and nearby time-saving services and conveniences:
•3 Regional Malls within 7 miles
•4 Hotels within 5 miles
•Valley Forge National Park within minutes
•Childcare facility on site
•Full service fitness facility
•20 Public and private golf courses
•Banking with ATM on site
•Numerous retail shops on site
•Rowing and sculling dock on site
•Upscale riverfront restaurant
•Concierge Service
Features are 137 suites
consisting of studios, one
bedrooms and two
bedrooms with fully
equipped kitchens.
Facilities include an
indoor pool and
whirlpool, exercise
facilities, Sport Court and
coin-operated guest
laundry. The Marriott
Residence Inn is within
walking distance of
Millennium.
Local Restaurants
•Fayette Street Grill
•Coyote Crossing
•Regatta Bar and Grill
•Totara’s Italian Restaurant
•Sullivan’s
•The American Pub
•Flannigans Boathouse
•Cunningham’s Court
•Westside Grill
•Bella Luna
•Stella Blue
•Siggie’s
Millennium
Amenities
Amenities Continued:
The largest mall on the east coast—The Plaza and The Court at King of
Prussia is within minutes of Millennium and features more than 36
eateries and 365 specialty shops including Bloomingdale’s, Neiman
Marcus, Nordstrom, Macy’s, Lord & Taylor, JC Penny, Sears and
Strawbridge’s.
Historic Philadelphia
Conshohocken is only a 20-minute ride from some of our nation’s richest
history such as the Liberty Bell, Independence Hall and the cobblestone
alleys where Benjamin Franklin, Betsy Ross and our Founding Fathers
once worked and lived.
Modern Philadelphia
A thriving cosmopolitan city with more top French chefs and excellent
restaurants than any East Coast city. Farmers markets, art galleries,
museums and cultural attractions that rival the finest in the world.
Chester County
Longwood Gardens, the former DuPont estate is one of the richest
botanical gardens in the country. Just minutes from the world-renown
Winterthur Museum, which displays antique treasures from around the
world.
Millennium
Development
Team
Development Team
Architects:
Meyer Associates, Inc.
Thomas E. Hall & Associates
Construction Mgmt:
Intech
Land Planner:
Trio Associates
Civil Engineer:
Momenee & Associates
MEP & Structural:
Bala Consulting Engineers
GSA
Landscape Architect:
Orsatti & Associates
Traffic Engineers:
McMahon & Associates
Property Management:
O’Neill Property
Management
Development Broker:
Binswanger
Scott Gabrielsen
Paul French
Chris Flynn
The Project Team
Millennium
J. Brian O’Neill has been
developing properties for
more than 20 years. In
1999 alone, O’Neill
Properties was responsible
for creating 1.7 million
square feet of office space
in the Philadelphia area as
the predominant regional
developer.
Development
Team
ABOUT THE DEVELOPER:
O’Neill Properties Group, L.P. is a privately-owned suburban
Philadelphia, Pennsylvania-based real estate development company
specializing in the construction and leasing of high-quality, costeffective, state-of-the-art commercial office space in the Northeast
corridor from Washington, DC to Boston, Massachusetts. O’Neill
has developed / redeveloped almost 10 million square feet of office
space and is currently developing and leasing over one million
square feet in the Greater Philadelphia market.
Led by J. Brian O’Neill, O’Neill Properties constructs new, technologydriven environments, utilizing first-class materials, quality
construction, and a partnership network dedicated to creating userfriendly, aesthetically pleasing environments-at a lower cost than
the competition.
O’Neill is a value accelerator, typically taking properties with the
lowest tax value, the fewest number of jobs, and the lowest paying
jobs and creating new environments that represent the highest and
best use of Class “A” space.
Unlike some developers, O’Neill works in partnership with the local
community to ensure that the development meets the economic,
social, and environmental needs to everyone. The commitment to a
project’s success and to each tenant’s satisfaction is total and longterm.
Though each project is unique, O’Neill Properties hallmarks
include attention to historical and modern detail; large, high
ceilinged spaces whose atypicality invites innovative interior
design; and a robust technological infrastructure. The best
space; O’Neill environments are home to Fortune 500 companies
and the most exciting and successful “new economy” enterprises.