INTRODUCING - Apartments for Rent - High-end …€¦ · · 2017-01-24Grosvenor Americas in...
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INTRODUCING
Transcript of INTRODUCING - Apartments for Rent - High-end …€¦ · · 2017-01-24Grosvenor Americas in...
INTRODUCING
INTRODUCTION
CENTRALSILVER SPRING, MARYLAND
Grosvenor Americas in conjuction with H&R Retail are proud to present Central.
PROJECT HIGHLIGHTS
� Central is a 231,000 SF mixed-use development site that will offer 234 residential rental units above 15,080 SF of retail space.
� Adjacent to busiest bus depot in the DC area, over 60,000 riders per day
� FOOT TRAFFIC more than 8.3 million pedestrians a year at Central and an additional 1 million pedestrians for special events
TIMING
� Q3 2015 Project Groundbreaking
� Q2 2017 Project Grand Opening
MONTGOMERY COUNTY HIGHLIGHTS
� Silver Spring is the “downtown” of Montgomery County and is home to many corporate headquarters including Discovery Communications, American Nurses Association, National Oceanic and Atmospheric Administration, United Therapeutics and Radio One
DOWNTOWN SILVER SPRING HIGHLIGHTS
� OFFICE nearly 8 million square feet of office space in Central Business District
� RESIDENTIAL 11,114 units existing and 7,837 planned residential units
� TRANSPORTATION Red line, the oldest and busiest line in WMATA’s system connects Silver Spring to Washington, DC - 13,195 Riders (Weekday) - 13,621 Riders (Weekend) Purple line – planned light rail that will run from Bethesda, MD to New Carrollton – scheduled to open in 2021
� ACCOMODATIONS 8 Hotels with 1,156 rooms
THE MARKET
1 MILE 3 MILE 5 MILE
36,869people
238,090people
604,150people
1 MILE 3 MILE 5 MILE
27,130employees
78,799employees
298,562employees
1 MILE 3 MILE 5 MILE
$96,200average household income
$104,322average household income
$111,459average household income
DENSEPOPULATION
EXTREMELYHIGH INCOME
$
DAYTIME POPULATION
WASHINGTON, DCMARYLAND
WASHINGTON, DCMARYLAND
5MILE
3MILE
1MILE
SILVERSPRINGSILVERSPRING
13,195 Metro Riders (Weekday)13,621 Metro Riders (Weekend)13,195 Metro Riders (Weekday)13,621 Metro Riders (Weekend)
60,000 Metrobus Riders (per day)60,000 Metrobus Riders (per day)
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FUTURE PURPLE LINEDELIVERY 2021
FUTURE PURPLE LINEDELIVERY 2021
SILVER SPRINGLIBRARY STATION
SILVER SPRINGLIBRARY STATION
LOCATION
MARC Train
METRO Yellow Line
Future MD DOT Light RailPurple Line
METRO Green Line
METRO Red Line
FUTURE PURPLE LINE
MARC Train Future MD DOT Light RailPurple Line
METRO Red Line
# EXISTING RESIDENTIAL
1 1200 East-WestResidential: 247 apt. units
2 8021 Georgia AvenueResidential: 210 condo units
3 8045 Newell StreetResidential: 120 condo units
4 Alexander HouseResidential: 312 apt. units
5 ArgentResidential: 96 apt. units
6 AuroraResidential: 145 condo units
7 BarringtonResidential: 415 apt. units
8 BenningtonResidential: 223 apt. units
9 Blair EastResidential: 403 apt. units
10 Blair HouseResidential: 317 apt. units
11 Blair PlazaResidential: 332 apt. units
12 Blair TowersResidential: 268 apt. units
13 Blair TownsResidential: 78 apt. units
14 Cameron HillResidential: 57 condo units
15 Charter HouseResidential: 212 apt. units
16 Citron ApartmentsResidential: 241 apt. units
17 Cole Spring PlazaResidential: 281 apt. units
18 Colesville TowersResidential: 274 apt. units
19 Eastern VillageResidential: 56 condo units
20 Eleven55 RipleyResidential: 379 apt. units
21 Elizabeth HouseResidential: 160 apt. units
22 Fenwick StationResidential: 310 apt. units
23 Georgia WestResidential: 107 apt. units
24 Gramax TowersResidential: 182 apt. units
25 Lenox ParkResidential: 406 apt. units
26 Loft 24Residential: 24 condo units
27 MICAResidential: 151 condo units
28 Montgomery ArmsResidential: 129 apt. units
29 OrionResidential: 46 condo units
30 Portico at Silver Spring MetroResidential: 151 apt. units
# NEW DEVELOPMENT
45 1320 Fenwick LaneResidential: 102 condo units
46 Boulevard on NewellResidential: 187 unitsRetail: 3,100 SF
47 8621 Georgia AvenueResidential: 292 unitsRetail: 1,619 SF
46 8787 Georgia AvenueResidential: 360 unitsRetail: 26,000 SF
48 Bonifant PlazaResidential: 72 units
49 Chelsea CourtResidential: 64 units
50 EagleBank DevelopmentResidential: 90 unitsRetail: 4,000 SF
51 Elizabeth SquareResidential: 908 unitsRetail: 9,386 SF
52 ELLSWORTH PLACEOffice: 210,000 SF
53 Falkland Chase NorthResidential: 1,250 unitsRetail: 120,000 SF
54 Fillmore Music HallHotel: 189 roomsOffice: 219,700 SFRetail: 140,500 SF
# ARTS & ENTERTAINMENT
G AFI Silver Theatre & Cultural Center
H Class Act Arts
I Create Arts Center
J Maryland Youth Ballet
K Montgomery College Cultural Arts Center
L Pyramid Atlantic Art Center
M Round House Theatre Education Center
N Silver Spring Civic Center
O The Fillmore
P The Majestic Theatre Regal Cinemas
Q Urban Nation Academy for the Performing Arts
# MAJOR EMPLOYERS
A American Nurses Association200 employees
B Discovery Communications1,511 employees
C Montgomery County Regional Service Center
D National Oceanic & Atmospheric Administration4,600 employees
E Social & Scientific Systems500 employees
F United Therapeutics
# EXISTING RESIDENTIAL
31 Rock Creek SpringsResidential: 215 apt. units
32 Silver Spring TowersResidential: 190 apt. units
33 SilvertonResidential: 210 condo units
34 SolaireResidential: 295 apt. units
35 Suburban TowerResidential: 172 apt. units
36 Summitt HillsResidential: 1,121 apt. units
37 The CameronResidential: 325 apt. units
38 The CrescentResidential: 143 condo units
39 The GalaxyResidential: 195 apt. units
40 The Point at Silver Spring Residential: 891 apt. units
41 The PremierResidential: 160 apt. units
42 The Residences at Thayer AvenueResidential: 52 apt. units
43 The VeridianResidential: 468 apt. units
44 Twin TowersResidential: 345 apt. units
TOTALResidential: 11,114 units
Office Retail
NEW DEVELOPMENT
Mixed-use Residential
# NEW DEVELOPMENT
55 CentralResidential: 234 unitsRetail: 15,080 SF
56 FontanaRetail: 9,226 SF
57 Metro PlazaResidential: 552 unitsRetail: 14,206 SF
58 Ripley IIResidential: 440 units
59 Ripley EastResidential: 360 unitsRetail: 17,000 SF
60 Silver Spring ParkHotel: 110 roomsOffice: 28,170 SFResidential: 58 unitsRetail: 9,234 SF
61 Silver Spring Transit Center DevelopmentHotel: 196 roomsOffice: 460,000 SFResidential: 469 unitsRetail: 25,000 SF
62 Studio PlazaResidential: 410 unitsRetail: 10,000 SF
63 The AdeleResidential: 124 unitsRetail: 6,000 SF
64 The BonifantSenior Residential: 140 units
65 The Blairs RedevelopmentHotel: 125 roomsOffice: 200,000 SFResidential: 1,700 apt. units/townhomesRetail: 125,000 SF
66 United Therapeutics Campus - Phase 3Office: 111,724 SFRetail: 10,000 SF
TOTALHotel: 620 roomsOffice: 815,594 SFResidential: 7,837 unitsRetail: 549,271 SF
31' - 7 3/8"
39'-11"
85' - 6 1/8"
53' - 10"
RETAIL SHAFT ABOVE
44' - 7 1/2"
39' - 7 5/8"
56'-0"
55'-9"
BONIFANT STREET
FENTON STREET
WAYNE AVENUE
6' - 1 1/2"
51' - 2"
55'-9"
14' - 7"36'-61/2"
55' - 2"
35' - 9"
50'-21/2"
15' - 7"
35' - 6 1
/2"
28' - 0 1/2"
RETAIL #7
3830 SF.
15'-6" C.H.
RETAIL #6
1180 SF.
11'-6" CH
RETAIL #5
2170 SF.
14'-1' - 20'-3" CH.
RETAIL #4
2365 SF.
12'-5" T0 17'-9" CH
RETAIL #2+3
3400 SF.
15'-9" CH
RETAIL #1
2375 SF.
15'-9" CH
FUTURE PURPLE LINEDELIVERY 2021
FUTURE PURPLE LINEDELIVERY 2021
SILVER SPRINGLIBRARY STATION
SILVER SPRINGLIBRARY STATION
WAYNE AVE
WAYNE AVE
ELLS
WO
RTH
DR
PERSH
ING D
R
CEDAR ST
DART
HMO
UTH
AVE
BONIFANT ST
BONIFANT ST
EASLEY ST EASLEY ST
HO
UST
ON
ST
GRO
VE S
TG
ROVE
ST
HO
UST
ON
ST
BONIFANT ST
WAYNE AVE
WAYNE AVE
BONIFANT ST
CEDAR ST
VETERANS PL
SPRING ST
SPRINGVALE RD
WAYNE AVE
2ND AVE
DIX
ON
AVE
RAM
SEY
AVE
FEN
TON
ST
FENTON ST
FENTON ST
GEORGIA AVE
CAM
ERO
N ST
CAMERON ST
364
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1
4
2
5
6
3
SITE PLAN
� RETAIL
� ANCHORS
� RESTAURANTS
� ENTERTAINMENT
� PARKING STRUCTURE
� OFFICE/INSTITUTIONS
� HOSPITALITY
� RESIDENTIAL
PEDESTRIANVOLUMES PER YEAR1. 1,347,0002. 922,5003. 1,070,0004. 1,933,0005. 655,0006. 1,338,000
LEGEND:
31'- 7
3/8"
39' - 11"
85'- 6
1/8"
53' - 10"
RETAIL SHAFT ABOVE
44'- 7
1/2"
39'- 7
5/8"
56' - 0"
55' - 9"
BONIFANT STREET
FENT
ON ST
REET
WAYNE AVENUE
6'-11/2"
51' - 2"
55' - 9"
14'- 7"
36' -6 1/2"
55' - 2" 35' - 9"
50'-21/ 2"
15' - 7"35' - 6 1/2"
28' - 0 1/2"
RETAIL #73830 SF.
15'-6" C.H.
RETAIL #61180 SF.11'-6" CH
RETAIL #52170 SF.14'-1' - 20'-3" CH.
RETAIL
#42365 SF.
12'-5" T0 17'-9" CH
RETAIL #2+33400 SF.15'-9" CH
RETAIL #12375 SF.15'-9" CH
Space #Street Level Retail
Gross Floor Area (SF) Ceiling Height Frontage
(SF) Vent
RETAIL 1 2,375
RETAIL 2+3 3,400
RETAIL 4 2,365 12’-5” to 17’-9” 44’-7 1/2” No
RETAIL 5 2,170 14’-1” | 20’-3” 34’-7 5/8” No
RETAIL 6 1,180 11’-6” 31’-7 3/8” No
RETAIL 7 3,830 15’-6” 85’-6 1/8” Yes
TOTAL 15,320
Can beCombined
RETAIL FLOOR PLAN
NORTH FACING
RENDERING
Bradley A. [email protected]
Geoffrey L. [email protected]
7201 Wisconsin Avenue | Suite 600Bethesda, MD 20814
Telephone 301.656.3030
www.hrretail.com
R E TA I L L E A S I N G
Information herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. Independent confirmation of
its accuracy and completeness is your responsibility, H&R Retail, Inc.
