901 H Street, NE | Washington, D.C. · 2018-11-21 · ANTHOLOGY RESIDENTIAL 307 Units 10,000 SF...

16
901 H Street, NE | Washington, D.C.

Transcript of 901 H Street, NE | Washington, D.C. · 2018-11-21 · ANTHOLOGY RESIDENTIAL 307 Units 10,000 SF...

Page 1: 901 H Street, NE | Washington, D.C. · 2018-11-21 · ANTHOLOGY RESIDENTIAL 307 Units 10,000 SF Retail 1115 H STREET RESIDENTIAL 16 Units ARIA RESIDENTIAL 60 Units ... growth that

901 H Street, NE | Washington, D.C.

Page 2: 901 H Street, NE | Washington, D.C. · 2018-11-21 · ANTHOLOGY RESIDENTIAL 307 Units 10,000 SF Retail 1115 H STREET RESIDENTIAL 16 Units ARIA RESIDENTIAL 60 Units ... growth that
Page 3: 901 H Street, NE | Washington, D.C. · 2018-11-21 · ANTHOLOGY RESIDENTIAL 307 Units 10,000 SF Retail 1115 H STREET RESIDENTIAL 16 Units ARIA RESIDENTIAL 60 Units ... growth that

AVECAVECThe eight story building echoes the vibe of the neighborhood in design, amenities

and convenience. Avec offers 44,000 SF of street front retail opportunity complemented

by 420 stylish residential units above.

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44,000 435420420 Residential Units

44,000 SF Street Front Retail

435 Structured Parking Spaces

(125 Dedicated to Retail)

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STOREY PARKMIXED-USE 460 Units65,000 SF Retail282,000 SF Office

ANTHOLOGYRESIDENTIAL307 Units10,000 SF Retail

1115 H STREETRESIDENTIAL16 Units

ARIARESIDENTIAL60 Units

501 H STREETRESIDENTIAL28 Units5,148 SF Retail

THE APOLLORESIDENTIAL432 Units70,000 SF Retail

7/H STREETRESIDENTIAL23 Condos14,368 SF Retail

100 K STREETRESIDENTIAL222 Units2,000 SF Retail

H STREET NE

G STREET NE

F STREET NE

I STREET NE

K STREET NE

L STREET NE

FLORIDA AVE

8TH

ST N

E

9TH

ST N

E

10TH

ST

NE

11TH

ST

NE

12TH

ST

NE

7TH

ST N

E

6TH

ST N

E

4TH

ST N

E

360° H STREETRESIDENTIAL215 Units72,000 SF Retail

BURNHAM PLACE AT UNION STATIONMIXED-USE1,200 Units100,000 SF Retail1,500,000 SF Office

MARYLAND AVE

RESIDENTIAL420 Units44,000 SF Retail

WEST VIRGINIA AVE

UNION STATION35,691 Weekday Riders 3.8 Million Amtrak users annually13,099 Weekend Riders 2.2 Million Bus Rider Connections Annually

STATION HOUSE RESIDENTIAL378 Units20,000 SF Retail

301 H STREETRESIDENTIAL25 Units 5,000 SF Retail

435UNION PLACERESIDENTIAL525 Units10,000 SF Retail

STATION PLACEOFFICE1.5 Million SF Office

215 I STREETRESIDENTIAL476 Units

3RD

ST N

E

2ND

ST N

E

5TH

ST N

E

CAPITOL HILL TOWERSRESIDENTIAL204 Units

32,000 SFCo-worker Space

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BUILT-IN RESIDENTIAL CORE ON H STREET

Recent development projects have transitioned the H Street

Corridor into a desirable residential district populated with highly

educated, young professionals primarily within the age range of

the millennials. Avec is centrally located on this mile-and-a-half

corridor where about 60% of housing units are renter-occupied,

compared with about 36% metro wide. The influx of new residents

has kept vacancy rates low, in the 3% range, and propelled rent

growth that ranks in the tops 10% of DC submarkets*. With a 34%

forecasted inventory growth adding density to the 6,500 existing

households, retailers will benefit from this built-in residential core

that desires walkable goods and services.

*Source: CoStar

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501 H Street

46.4%OCCUPANCY

28 Units

301 H Street

100%OCCUPANCY

25 Units

1115 H Street

100%OCCUPANCY

16 Units

Anthology

94.1%OCCUPANCY

307 Units

Aria

95%OCCUPANCY

60 Units

Burnham Place at

Union Station

1,200UNITS

100 K Street

222UNITS

Storey Park

460UNITS

The Apollo

96%OCCUPANCY

432 Units

D.C. Streetcar StopsNewly Delivered

Under Construction

420UNITS

7 | H

23UNITS

Union Place

525UNITS

318 H Street

96%OCCUPANCY

60 Units

Loree Grand at Union Place

93.4%OCCUPANCY

182 Units

Senate Square

95%OCCUPANCY

432 Units

Station House

96%OCCUPANCY

378 Units

1341 H Street

9UNITS

1375 H Street

27UNITS

Ashton Park

9UNITS

Coda on H

112UNITS

The Maryland

99%OCCUPANCY

84 Units

The RL Christian Apartments

9UNITS

The Collins

8UNITS

Constellation on H

28UNITS

The Lucille

9UNITS

360° H Street

96%OCCUPANCY

215 Units

H STREET H STREET

2ND S

TREE

T

4TH S

TREE

T

5TH S

TREE

T

6TH S

TREE

T

7TH S

TREE

T

8TH S

TREE

T

9TH S

TREE

T

10TH

STR

EET

11TH

STR

EET

12TH

STR

EET

13TH

STR

EET

2ND S

TREE

T

3RD S

TREE

T

4TH S

TREE

T

5TH S

TREE

T

6TH S

TREE

T

7TH ST

REET

8TH S

TREE

T

9TH S

TREE

T

10TH

STR

EET

11TH

STR

EET

F STREET

G STREET

E STREET

K STREET

I STREET I STREET

L STREET

MARYLAND AVE NE

FLORIDA AVE NE

3RD S

TREE

T

M STREET

5TH S

TREE

T

4TH S

TREE

T

6TH S

TREE

T

FLORIDA AVE NE

GALLAUDETUNIVERSITY

WEST VIRGINIA AVE NE

TRIN

IDAD

AVE

D STREET

BOOMING RESIDENTIAL GROWTH

The newly delivered unit average occupancy of 92.7% complements the density of the existing 6,500

households in the H street corridor.

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2,500Daily Passengers - D.C. Streetcar

Connection on 8th and H Street

125Retail

Parking Spaces

93Walk Score

20,500Vehicles Per Day

ACCESSIBILITY

SITE MAP

7' - 6

"

E1E2

E4E5

E6

49' - 8"28' - 11"22' - 3"19' - 2"83' - 5"27' - 0"33' - 11"

48" RETAIL DOCK

30' T

RUCK

10'x20'RETAIL ONLY OUT

RETAIL ONLY IN55' TRUCK

ONE WAY

ONE WAYEXIT

RETAIL SERVICE CORRIDOR

RETAIL SERVICE CORRIDOR

RETAILBOXES

EGRESS

RETAIL SERVICE CORRIDOR

EGRESSONLY

RETAILBOXES

RETAILGARAGEENTRANCE

114'

- 1 3/

4"

58' -

6 3/4"

106'

- 0"

80' -

0 3/4"

FCR96 SF

55' TRUCK

5' - 0"

42" D

OCK

EASTRETAILTRASH

WESTRETAILTRASH

50' -

0 3/8"

* RETAIL CLEAR UNOBSTRUCTED HEIGHT DIMENSIONS (CLR)

21' -

9 1/2"

45' -

8"

54' - 3 3/8"5' - 0"

4,532 SF13

3,302 SF6,621 SF4,000 SF872,968 SF1,960 SF1,315 SF4,194 SF

111'

- 0 3/

8"

16'-8" CLR*16'-7" CLR*16'-0" CLR*15'-6" CLR*15'-0" CLR*15'-0" CLR*14'-3 5/8" CLR*13'-9 5/8" CLR*13'-10 3/4" CLR*13'-6" CLR*

42' - 5 1/4"24' - 2 1/4"36' - 7"22' - 0"27' - 10"28' - 7"36' - 7"

2,404 SF5

13'-8" CLR*13'-11 3/8" CLR*

14

16'-7" CLR*3,095 SF16'-2" CLR*

1 2 3 42,545 SF

61,375 SF 1,895 SF

9 121,164 SF 1,279 SF

15 16

82' -

7 3/8"

103'

- 1 1/

8"

E3

RETAILGARAGE LOBBY

28' - 6"

TORTI GALLAS URBAN, INC.

T orti© 20002 202.232.3132Gallas Urban, Inc. H Street NE, nd Floor, Washington, DC13262014 2 8/30/18

H STREET

L1 - RETAIL

AVEC RETAIL FLOOR PLAN

11

4

7' - 1

1"

2E 1E

5E 4E

E6

5' - 0

"

49' - 8"28' - 11"22' - 3"19' - 2"28' - 0"55' - 5"27' - 0"33' - 11"

23' -

9 3/8"

EAST RETAIL LOADING

EGRESS CORR

RES. DOCK48" RETAIL DOCK

30' T

RUCK

10'x20'RETAIL ONLY OUT

RETAIL ONLY IN55' TRUCK

RES ONLY IN

RES ONLY OUT

ONE WAY

ONE WAYEXIT

RES ONLY

SERV.

SERV.

RETAILBOXES

RES.TRASH

EGRESSSERV.

EGRESSONLY

RETAILBOXES

RETAILGARAGEENTRANCE

114'

- 1

3/4"

106'

- 0"

42' - 1.5"28' - 0"

27' - 7"27' - 10"28' - 7"36' - 7"

88' -

5 1

/4"

91' -

10"

FCR96 SF

55' TRUCK

5' - 0"

42" D

OCK

EASTRETAILTRASH

WESTRETAILTRASH

50' -

0 3

/8"

POTENTIAL SERVICECORRIDOR- 176 SF

* RETAIL CLEAR DIMENSIONS (CLR) ASSUME 2'-0" FOR RESIDENTIAL PIPING ABOVE CLEAR HEIGHT

RESIDENTIAL LOADING

RESIDENTIALLOBBY

17'-3" CLR*

WES

T LO

ADIN

G DO

CK

21' -

9 1/2"

RAMP ANDRAISED SLABBY FUTURETENANT

51' -

10

3/8"

54' - 3 3/8"

5% 10% 18%

MECH. EQUIP PLATABOVE (MIN 10' CLRBELOW)

5' - 0"

1147 SF3302 SF6341 SF3137 SF1895 SF1572 SF2822 SF2455 SF1316 SF4217 SF

111'

- 0

3/8"

18'-3" CLR*18'-3" CLR*18' CLR*18' CLR*17'-3" CLR*

16'-9" CLR*16'-6" CLR*

16'-3" CLR*15'-9" CLR*15'-3" CLR*14'-9" CLR*32' - 11"23' - 1"27' - 7"

2404 SF 2079 SF16'-3" CLR*15'-9" CLR* 2486 SF

17'-3" CLR*1295 SF18'-3" CLR*

3095 SF18'-3" CLR*

ADDITIONAL RETAIL ENTRANCES

POTENTIAL SERVICECORRIDOR- 345 SF

THIS AREA OF SLABAT EL 37.75' (6"ABOVE REST OF I1)

EL 37.75' EL 37.25'EL 36.79'

EL 37.25' EL 37.00'

ALTERNTE ENTRY POINT FOR

REMAINDER OF THE SLAB 6" TOALIGN WITH 37.75' ELEVATION

NOTE WOULD NEED TOCREATE A MINOR RAMP ATDOOR TO MEDIATE THE2.5" DIFFERENCE OR RAISEENTIRE SLAB

EL 35.75'

EL 35.75'

EL 35.75'

EL 35.75'

EL 34.75'

EL 34.75'NEW DOORS WORK WITHEXISTING SLAB ELEVATION

NEW DOOR WORK WITHEXISTING SLAB ELEVATION

T orti 20002 202.232.3132Gallas Urban, Inc. H Street NE, nd Floor, Washington, DC13262014 2

PREMISES

1 2 3 4 5 67 8 9 10 11 12 13 14 15 16

RETAIL EXHAUST SHAFTS

RETAIL PARKING ACCESS

RESTAURANTLEASEPENDING

SERVICELEASEPENDING

KEY

AVAILABLE SPACE

OUTDOORPATIO

OUTDOOR PATIO SPACE OUTDOOR PATIO SPACE OUTDOOR PATIO SPACE

7

URB

AN

NA

IL

LOU

NG

E

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AN OPEN AIR OASIS ON HOutdoor Patio Space

Surge social proof and grab the attention of passers

Outdoor dining space can increase revenue by up to 65%*

Bring a unique dining experience

to the neighborhood

*2013 Vucurevich Simons Advisory Group

Increased footprint and

visibility

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7' - 6"

E1 E2

E4 E5

E6

49' - 8" 28' - 11" 22' - 3" 19' - 2" 28' - 0" 55' - 5" 27' - 0" 33' - 11"

23' - 9 3/8"

EAST RETAIL LOADING

EGRESS CORR

RES. DOCK48" RETAIL DOCK

30' TRUCK

10'x20'RETAIL ONLY OUT

RETAIL ONLY IN 55' TRUCK

RESIDENTIAL ONLY IN

RESIDENTIAL ONLY OUT

ONE WAY

ONE WAYEXIT

RES ONLY

RETAIL SERVICE CORRIDOR

RETAIL SERVICE CORRIDOR

RETAILBOXES

RES.TRASH

EGRESSRETAIL SERVICE CORRIDOR

EGRESSONLY

RETAILBOXES

RETAILGARAGEENTRANCE

114' - 1 3/4"

58' - 6 3/4"

106' - 0"

80' - 0 3/4"

91' - 10"

FCR96 SF

55' TRUCK

5' - 0"

42" DOCK

EASTRETAILTRASH

WESTRETAILTRASH

50' - 0 3/8"

* RETAIL CLEAR DIMENSIONS (CLR) ASSUME APPROX 2'-0" FOR RESIDENTIAL PIPING ABOVE CLEAR HEIGHT

RESIDENTIAL LOADING

RESIDENTIALLOBBY

17'-3" CLR*

WEST LOADING DOCK

21' - 9 1/2"

45' - 8"

54' - 3 3/8"5' - 0"

4,532 SF13

3,302 SF 6,341 SF 3,168 SF 8 72,822 SF 2,457 SF 1,316 SF 4,217 SF

111' - 0 3/8"

17'-7" CLR* 17'-7" CLR* 17'-4" CLR* 17'-2" CLR* 16'-7" CLR*16'-1" CLR* 15'-10" CLR* 15'-6" CLR* 15'-1" CLR* 14'-7" CLR* 14'-2" CLR*

42' - 1 1/2" 28' - 0" 32' - 11" 23' - 1" 27' - 7" 27' - 10" 28' - 7" 36' - 7"

2,404 SF5

15'-6" CLR* 15'-1" CLR*

2,134 SF 16'-7" CLR*

14

17'-7" CLR*3,095 SF17'-7" CLR*

12342,077 SF

61,572 SF

70' - 0 3/4"

1,895 SF9101112

1,147 SF1,295 SF1516

82' - 7 3/8"

86' - 7 1/4"

86' - 7 7/8"

86' - 7 7/8"

110' - 10 3/4"

103' - 1 1/8"

74' - 3"

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AVEC RETAIL FLOOR PLANEL 21.50'

EL 21.50'ELEC RM

20' - 6" 20' - 0"

20' -

0"20

' - 0"

20' -

0"20

' - 0"

22' - 0"

GENERATORUTILITY CORRIDOR

RETAILSTORAGE

RETAILSTORAGE

GAS METERRM

WATERPUMP RM

RETAIL ONLY OUT

RETAIL ONLY IN

6 SPACES8 SPACES

11 SPACES

50 RETAIL BIKEPARKING SPACES

GARAGEEXHAUST4 SPACES 4 SPACES

25 SPACES

3 SPA

CES

ONE

WAY

VAN

6 SPA

CES

GAR.INTAKE

GARAGEINTAKE

4 SPA

CES

ENTRANCEGATES

EXIT GATES

12 COMPACT SPACES 7 SPACES

11 COMPACT SPACES

12 COMPACT SPACES 1 SPACE

FANSFANS

1 SPA

CE

10 COMPACT SPACES

ELEC

ELEC

RETAIL STREET ACCESS

EAST GREASEINTERCEPTOR

WEST GREASEINTERCEPTOR

FANS

PA OFFICE

16' - 0"

EPSS RM

RETAILTELECOM

ELEV CLO

SHOWERS FORBICYCLISTS

0' 25' 50' 100'

TORTI GALLAS URBAN, INC.

T orti© 20002 202.232.3132Gallas Urban, Inc. H Street NE, nd Floor, Washington, DC13262014 2 12/22/17

H STREET

Parking Level - G1 R2

ONSITE PARKING – IN THE CITY

Floor Accessible* Standard Compact Total

G1 Level 5 75 45 125 *Accessible spaces calculated per IBC 2012- Retail - 5 spaces (101-150 spaces provided) = van + 4 Accessible

125 GROUND LEVEL DEDICATED RETAIL PARKING SPACESCONVENIENT FOR CUSTOMERS TO VISIT AND STAY

H S T R E E T N . E .

RETAILPARKINGENTRANCE

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TOTAL POPULATION57,500

EMPLOYEES53,408

AVERAGE INCOME

$114,049

APPAREL$299,880

ENTERTAINMENT$576,848

EATING OUT$613,275

CONSUMER EXPENDITURES ($ = 1,000’s)

DEMOGRAPHICS (2016, 1-mile)

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AVEC CONSUMER SOCIOECONOMIC TRAITS*

*ESRI 2017

WHO WE ARELaptops and Lattes residents are predominantly single, well-educated professionals in business, finance, legal, computer, and entertainment occupations. They are affluent and partial to city living—and its amenities. Neighborhoods are densely populated, primarily located in the cities of large metropolitan areas. Many residents walk, bike, or use public transportation to get to work while many work from home.

Residents are more interested in the stock market than the housing market. Laptops and Lattes residents are cosmopolitan and connected—technologically savvy consumers. They are active and health conscious, and care about the environment.

WHO WE AREArmed with the motto “you’re

only young once,” Trendsetters residents live life to its full potential. These educated young

singles aren’t ready to settle down; they do not own homes or vehicles and choose to spend their

disposable income on upscale city living and entertainment. Dressed head to toe in the most

current fashions, their weeknights and weekends are filled discovering local art and culture, dining

out, or exploring new hobbies. Their vacations are often spontaneous, packed with new experiences

and chronicled on their Facebook pages.

LAPT

OPS

AN

D L

ATTE

S

TREN

DSE

TTER

S

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TREN

DSE

TTER

S

IN D.C. YOU FEEL THE POWER … ON H STREET YOU FEEL THE VIBE Millennials and artists flock to this vibrant social scene with

many restaurants, retailers and performance venues including

Whole Foods, We Work Labs, Atlas Performing Arts Center,

Rock & Roll Hotel and Maketto and The Argonaut. Avec

answers the demand for authentic experiences in residential

living, shopping and entertainment.

JOIN

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More than an address, H STREET is a

moment, a mood, a memory, a mystery. It’s all of

that—in truth, H STREET cannot be described

or defined; it must be EXPERIENCED. There’s

cuisine to be tasted. Fashions to be acquired.

Performances to applaud. Streetcars to ride.

Above all, there are CONNECTIONS

to be made.

CONNECTIONS

EXPERIENCEDH STREET

H STREET

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H STREET

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Will Collins | 571.382.1225 | [email protected]

Alex Shiel | 571.382.1224 | [email protected]

Zach Elcano | 571.382.1228 | [email protected]

rappaportco.com