Anderson Building

SEPTEMBER 2016
Anderson Building
Red Bank, NJ
Metrovation
Contents
3
Overview
Project Details—Anderson Building Redevelopment Summary
4
Neighborhood
Red Bank, NJ Overview
Immediate Trade Area
6
Project
Concept Renderings
Elevations
Site Plan
First Floor Plan
Our Vision Board
11
12
Metrovation—Who We Are
Core Investments
Downtown Red Bank, NJ
West Side Arts District
Properties East
Properties West
Anderson Building ·
2
Metrovation
OV E RV I E W
Project Details
The Anderson Building is an existing 27,000sf warehouse
that Metrovation is converting into an eclectic 45,000sf,
mixed-use building.
Building Size
45,200sf
9,800sf
Retail
Parking
156 on-site parking stalls
Amenities
Roll-up garage doors and 15’ ceilings in retail
Roof deck for employees and tenant entertaining
Exposed wood beams and concrete floors
Abundant natural light
Direct access to private balcony
New Jersey Transit station immediately adjacent to site
Delivery Date
SEPTEMBER, 2016
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3
Metrovation
NEIGHBORHOOD
Red Bank, NJ Over view
RT
35
BRIDGE AVE
THE GALLERIA
ONT
R
W. F
ST
WEST SIDE
LOFTS
TWO RIVER
THEATER CO.
Downtown
Red Bank
UTH ST
MONMO
Y AVE
SHREWSBUR
BROAD ST
RED BANK
TRAIN STATION
RT 35
ANDERSON
BUILDING
BROAD ST
RT
35
RT 35
Anderson Building ·
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AN
SI
T
IL
LINCROFT
NJ
TR
RA
Ga
ON
W FR
MIDDLETOWN
35
ay
Parkw
tate
nS
e
rd
FAIR HAVEN
LITTLE SILVER
E
AV
EATONTOWN
DOWNTOWN
RED BANK
CH
SHREWSBURY
52 0
SITE
The
Galleria
B
N
RA
TINTON FALLS
T ST
35
NAVESINK
RI
VE
R
RD
RI
DG
E
RD
MS
ON
RD
OCEANPORT
RU
RUMSON
NJ
TR
AN
SI
T
RA
IL
LONG BRANCH
Metrovation
NEIGHBORHOOD
Immediate Trade Area
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Metrovation
P R OJ E C T
Concept Renderings
SOUTH ELEVATION FACING EAST (MONMOUTH ST)
SOUTH ELEVATION FACING WEST
(CORNER OF MONMOUTH ST & BRIDGE AVE)
NORTH ELEVATION
(BRIDGE AVE)
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Metrovation
P R OJ E C T
Elevations
WEST ELEVATION
OFFICE
RETAIL
SOUTH ELEVATION (MONMOUTH STREET)
EAST ELEVATION
NORTH ELEVATION
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Metrovation
P R OJ E C T
Site Plan
ADAPTIVE REUSE
SHIPPING CONTAINERS
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Metrovation
P R OJ E C T
First Level Plan
2
A3.0
We are looking for the best local tenants to purvey
their goods in a “Chelsea Market” type setting
18'-0"
18'-0"
1
1
1
1
1
18'-0"
18'-0"
A
COVERED
PARKING
20'-0"
COVERED PARKING
A
20'-0"
COVERED WALKWAY
2,200 SF
DEMISABLE
TOILET
RM #2
A
TOILET
RM #1
20'-0"
1
A3.1
MECH
ROOM
A
SIDEWALK
UP
BUILDING
LOBBY
SIDEWALK
17'-0"
A
20'-0"
A
8'-0"
A
1
A3.0
7,840 SF
DEMISABLE
EXIT & BUILDING
SERVICES
COMMON
HALLWAY
Floor to Ceiling Height: 10’10”
2
A3.1
EXISTING WALLS TO REMAIN
NEW WALLS
PLAN KEY
ANDERSON BUILDING RENOVATION
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Metrovation
P R OJ E C T
Our Vision Board
project
Anderson Food Concept
issue
date
05.29.14
phase
Concepts
surround architecture, inc. - portland, or - 503.224.6484
(C) 2013 Surround Architecture, inc
*Floor Plan Concept
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Metrovation
M E T R OVAT I O N
Who We Are
Metrovation is a privately owned specialty real estate
development company. We conceptualize, create,
market and manage unique properties that bring
new life and new possibilities to places.
Our company, founded over 25 years ago, is the
successor to Terranomics Development, upon whose
30 years of success we build. We take a fresh approach
to every project to complement and add value to the
specific environment.
The company and its principals have developed or
redeveloped over 3,500,000 square feet of buildings
and currently hold approximately 2,250,000 square
feet of retail, office, hotel and residential properties.
Metrovation has transformed previously underutilized
areas into thriving communities infused with economic
vitality. From Downtown Red Bank and The Grove at
Shrewsbury in Central New Jersey, to the Ironworks
District in Oakland, California and Crossroads in
Bellevue, Washington, our properties have revitalized
their neighborhoods, communities and regions.
Metrovation combines a market-driven
approach with intense hands-on management
and leasing. We build success by developing
the right mix of tenants to achieve long-term
stability, value and adaptability to market
conditions. We do this in every project we
undertake, whether it’s a retail, office or
mixed-use development.
Our driving force is to make places vital.
Slightly unorthodox, always original,
Metrovation has created compelling,
energetic properties that stimulate growth
while remaining true to the character of the
communities in which they are located.
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Metrovation
CO R E I N V E ST M E N TS
Downtown Red Bank
Red Bank is a prime example of Metrovation’s commitment
to enhancing downtown environments. During the
development of The Grove at Shrewsbury, we got to know
Red Bank—just one mile away. At that time, Red Bank was
struggling with many vacancies, but we saw great potential
Metrovation continues to be a prime
factor in the transformation. Our East
Coast partner and company President,
Chris Cole, has served as president of
RiverCenter, the business improvement
district formed by Red Bank merchants.
Red Bank and Metrovation’s lifestyle
center, the Grove at Shrewsbury, have
developed a close relationship
which includes cross marketing.
for transformation. We began acquiring properties on
Red Bank’s main thoroughfare, Broad Street. Since our
first acquisition, we have purchased and renovated four
Navesink River
cornerstone properties. Three Metrovation properties have
35
RI
won Downtown New Jersey Excellence Awards.
25 BRIDGE AVE
E ST
Current Projects
BR
AN
BR OA D ST
MAPL
AR
DEN
S TAT E
EXIT
109
RD
55 BROAD ST
Red Bank
AV E
G
BR ID GE
13
R
21 EAST FRONT
T
TS
7 BROAD ST
ON
R
F
20 BROAD ST
40-42 BROAD ST
WEST SIDE
LOFTS
ANDERSON
BLDG
VE
CH
AV
E
Past Projects
Red Bank is riding the crest of a stunning rebirth, drawing
attention from national publications for its friendly, fun and
eclectic community. Smithsonian magazine describes Red
Bank as a New Jersey river town that has “transformed itself
into one of the hippest enclaves on the East Coast.”
Metrovation’s current Red Bank projects include 21 East
Front Street, a seven-story office building built in the early
BROAD
1960s. While completely renovating this office tower, we
restored the 1893 building located on the street in front
and incorporated it into the project, along with a new three-
Shrewsbury
story building which complements the scale of downtown
Red Bank’s streetscape.
ST
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Metrovation
CO R E I N V E ST M E N TS
West Side Ar ts District
Red Bank’s Arts & Antique District is
rich in culture and history. It includes
the historic Count Basie Theater, the
Molly Pitcher Inn, and the Galleria—
a collection of antique stores, upscale
shops, restaurants and offices in a turnof-the-century brick factory building.
Other Metrovation projects in the neighborhood include
25 Bridge Avenue and West Side Lofts, a state-of-the-art
mixed-use development slated for completion in 2014.
The West Side Lofts project will include 92 residential
units and over 40,000 square feet of shops designed
specifically as a cluster of specialty retail and restaurants
to complement the character of the Arts & Antiques
District of Red Bank
These projects represent the ideals of smart-growth
The most recent addition to the District is the Two River
by fostering an existing neighborhood arts district and
Theater’s spectacular new home and performance space. The
supporting the revitalization of mass transportation,
Red Bank Train Station is at the center of the District. It is
centered on Red Banks’s train station.
Navesink River
a landmark building, now thoroughly modernized, which is
35
one of the busiest commuter stations between New Jersey
RI
and New York City. Close by, the New Jersey Transit Bus
WEST SIDE
LOFTS
Depot and the Yellow Car Taxi Company make this District
a transportation hub.
FR
ON
T
TS
VE
R
RD
Red Bank
25 BRIDGE AVE
The Anderson Building is an 1920’s warehouse building that
BR OA D ST
E ST
AV E
G
station, this project will exemplify Metrovation’s commitment
13
BR
MAPL
Located directly across the street from the Red Bank train
11
RED BANK
TRAIN STN
BR ID G E
will be transformed into a 40,000sf office and retail building.
ANDERSON
BLDG
AN
CH
AV
E
to redeveloping mixed-use properties in urban settings.
AR
DEN
S TAT E
EXIT
109
Commercial & Office
Adaptive Re-Use
Anderson Building ·
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B
Metrovation
CO R E I N V E ST M E N TS
Proper ties East
The Grove at Shrewsbury is the nation’s
first center called a “lifestyle center.” The
mix of the best local specialty retailers and
outstanding regional and national stores
draws affluent shoppers from Monmouth
County and beyond. From the first year
of operation, the average sales for fashion
retailers have increased each year.
The Grove at Shrewsbury is Metrovation’s premier property
in Central New Jersey. It is the dominant center in the region,
serving the high income households in the Monmouth
County region and beyond. The 150,000 square foot lifestyle
center is a magnet for upscale shoppers who enjoy its gardenfilled streetscape environment.
The Grove’s development and success led to Metrovation’s
involvement in nearby Red Bank. Here we have been a major
factor in revitalization of the downtown with the development
of several key properties on Broad Street and beyond.
Metrovation developed another successful lifestyle center
south of Red Bank in Sea Girt, New Jersey on Highway 35.
Brook 35 Plaza has helped define a newly emerging region.
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Metrovation
CO R E I N V E ST M E N TS
Proper ties West
The variety of Metrovation’s West Coast
properties illustrates the breadth of our
development expertise.
Unique and successful Metrovation retail developments
Metrovation’s 230 California Street is an historic building
include: Crossroads in Bellevue, Washington; Santa Rosa
located at the foot of California Street in San Francisco’s
Southside in Northern California; and Five Points Plaza in
most prestigious business district. We are completing
Huntington Beach, California.
redevelopment, which includes an exciting new restaurant,
Hotel Healdsburg is the highly acclaimed jewel of Healdsburg,
sidewalk and lobby renovation, and redesigned offices.
California that epitomizes the inviting sophistication of the
We are continually improving our properties in keeping with
North Sonoma Wine Country and is a key component of
our belief that a property is never “finished” but always in the
the downtown.
process of “becoming.”
Metrovation’s properties make up most of the Oakland
Ironworks District in Oakland, California. Located near Jack
London Square, The Ironworks District is a collection of
repurposed industrial buildings set in a vibrant environment
and filled with interesting tenants. The award-winning 200
Second Street, in the nearby Jack London District, was also
developed by Metrovation.
Two of our San Francisco office buildings are within the
South of Market (SoMa) area in superior locations which offer
multiple opportunities. At 650 Fifth Street in San Francisco, the
area is building all around us. Our property is across from the
Caltrain station which connects the City to Silicon Valley. It is
a few blocks’ walk from the San Francisco Giants’ ballpark and
the surrounding loft and retail district. Our current plans for
this property include Hotel SoMa, now in the planning stage.
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SAN FRANC I S CO, C A
|
RE D B ANK, NJ
ME T ROVAT I ON.COM