RESTAURANT / RETAIL OPPORTUNITIES - Park Central · THE NEW PARK CENTRAL. THE NEW PARK CENTRAL. The...

ONE OF PHOENIX’S MOST ICONIC PROPERTIES IS ABOUT TO BE REBORN.

RESTAURANT / RETAIL OPPORTUNITIESRESTAURANT / RETAIL OPPORTUNITIES

PHOENIXCOLLEGE

!

!

!Ã

!

!

!Ã

ALTA MIDTOWN225 UNITS

BUILT IN 2017

APEX OFF 7TH STREET

104 UNITSBUILT IN 1980

BELCOURT198 UNITS

BUILT IN 1957

BROADSTONEARTS DISTRICT


CAMELBACK COVE


CAMBRIDGE COURT


CAMELBACKPROPERTIES


CITI ONCAMELBACK


CLARENDONPARK


CLUB 7219 UNITS

BUILT IN 1949

COLTER PARK384 UNITS

BUILT IN 1972

EL CORTEZ156 UNITS

BUILT IN 1985

ELEVATIONON CENTRAL


FELLOWSHIPTOWERS180 UNITS

BUILT IN 1973

FOREST PARK308 UNITS

BUILT IN 1976

THE HAWTHORNE182 UNITS

BUILT IN 1996

THE HERITAGE204 UNITS

BUILT IN 1995

ICON ONCENTRAL120 UNITS

BUILT IN 1974

THE LEX ONCENTRAL131 UNITS

BUILT IN 2001

MELROSE184 UNITS

BUILT IN 1979

MIDTOWN FLATS


MOZAIC ATSTEELE PARK


THE MUSE367 UNITS

BUILT IN 2017

THE PAVILIONSON CENTRAL


THE PHOENIX100 UNITS

BUILT IN 1961

THE STATIONON CENTRAL


333 EAST MULBERRY DRIVE

104 UNITSDELIVERY N/A

BROADSTONECENTRAL192 UNITS

DELIVERY N/A

BROADSTONEMIDTOWN

200 UNITSDELIVERY 2018

CRESCENT MIDTOWN


OMNINET WEST286 UNITS

DELIVERY N/A

ALTA CAMELBACK


ALTA CENTRAL223 UNITS

DELIVERY 2018

THE CURVE ATMELROSE204 UNITS

DELIVERY 2018

PARC MIDTOWN306 UNITS

DELIVERY 2018

MIDTOWN SUBMARKET

19 ACCOMODATIONS

203FOOD SERVICES &DRINKING PLACES

34,316 TOTAL POPULATION

76,301DAYTIME POPULATION

$238,106MEDIAN HOME VALUE

$62,675AVERAGE HOUSEHOLD INCOME

1.88%2017 - 2022 GROWTH RATE

Midtown Submarket Overview*

*OFFICE SUBMARKET BOUNDARIES USED FOR ALL DEMOGRAPHICS/UNIT TOTALS** ONLY MULTI-FAMILY DEVELOPMENTS OVER 100 UNITS DISPLAYED WITHIN MIDTOWN SUBMARKET,

BUT ALL PROJECTS (REGARDLESS THE UNIT SIZE) CONSIDERED IN DEVELOPMENT TOTALSDATA IS FROM SOURCES DEEMED RELIABLE BUT MAY BE SUBJECT TO ERRORS, OMISSIONS, OR MODIFICATIONS.

THE INFORMATION HEREIN IS PROVIDED WITHOUT REPRESENTATION OF WARRANTY

3,732TOTAL BUSINESSES

Multi-Family Developments**

8,911UNITS EXISTING

1,018UNITS UNDER CONSTRUCTION

1,167UNITS PLANNED

10,884,482SF OF OFFICE INVENTORY

LIGHT RAIL

DOWNTOWN PHOENIX

CAMELBACKCORRIDOR

MCDOWELL ROAD

7TH A

VEN

UE

CAMELBACK ROAD

INDIAN SCHOOL ROAD

7TH STREET

XAVIER COLLEGE PREPARATORY

BROPHY COLLEGE PREPARATORY

STEELE INDIAN SCHOOL PARK

OSBORN ROAD

PHOENIX COUNTRY CLUB

THOMAS ROAD

CENTRA

L AV

ENU

E

CENTRAL HIGH SCHOOL

HEARDMUSEUM

ENCANTO 9-HOLEGOLF COURSE

PHOENIX ART MUSEUM

BURTON BARR CENTRAL LIBRARY

MARQUEE RESTAURANT & RETAIL SUITES

HIGH PERFORMANCE ROAD PAINT GRAPHICS

ENTRY ENHANCEMENTS

THE MARKET

THE YARD

TIERED SEATING

TENANT PATIO

COMMUNITY SPACE

COMMUNITY SPACE

TENANT

+/-8,500 SF

PATIO

SHADE STRUCTURE, TYP.

COMMUNITY SPACE

W . EARLL DR I V E

3RD

AV

ENU

E

N.

CEN

TRA

L A

VEN

UE

PLANTED LANDSCAPE AREA

REST

AU

RAN

T PA

TIO

RESTAURANT PATIO

BIKE LANE

INTERACTIVE WATER FEATURE

REGIONALHEADQUARTERS

31

+/-30,000 SF

+/-15,000 SF +/-25,000 SF

+/-35,000 SF

+/-16-18,000 SF+/- 4,000 SFHUB

+/- 40,000 SFSECOND FLOOR

FUTURERETAIL

RETAIL

FUTURERETAIL

4

2

+/-

1,6

18 S

F

B east façade

G entry corner

G south façade

SPEC RESTAURANT SPACE PLAN; +/- 4,532 SF

SHOW KITCHEN

PRIVATE DINING WITH WINE DISPLAY

LIQUOR DISPLAY SURROUND ABOVE BAR

• Premier mixed-use development

• Central Ave. frontage available

• Flexible suite sizes from 1,200 SF - 35,000 SF

• Major renovations under way

• Join ±337,000 SF of integrated mixed-use

• Direct Light Rail access

• Ample surface and

structure parking

• Innovative design with flexible facade

LARGE BOOTH SEATING

GREENERY DIVIDER

COMBINATION OF LARGE BOOTH SEATING AND FIREPITS

HIGH PERFORMANCE ROAD PAINT GRAPHICS

ENTRY ENHANCEMENTS

THE MARKET

THE YARD

TIERED SEATING

TENANT PATIO

COMMUNITY SPACE

COMMUNITY SPACE

TENANT

+/-8,500 SF

PATIO

SHADE STRUCTURE, TYP.

COMMUNITY SPACE

W . EARLL DR I V E

3RD

AV

ENU

E

N.

CEN

TRA

L A

VEN

UE

PLANTED LANDSCAPE AREA

REST

AU

RAN

T PA

TIO

RESTAURANT PATIO

BIKE LANE

INTERACTIVE WATER FEATURE

REGIONALHEADQUARTERS

31

+/-30,000 SF

+/-15,000 SF +/-25,000 SF

+/-35,000 SF

+/-16-18,000 SF+/- 4,000 SFHUB

+/- 40,000 SFSECOND FLOOR

FUTURERETAIL

RETAIL

FUTURERETAIL

4

2

+/-

1,6

18 S

F

EAST FAÇADE

INDOOR/OUTDOOR BAR WITH GARAGE ABOVE

BAR HEIGHT TABLES SUPPORTED FROM WALL

G east façade

THE NEW PARK CENTRALTHE NEW PARK CENTRALThe new Park Central will combine its rich mid-century-modern history with a new focus on technology, innovation and design, including all the most sought-after features in today’s office and retail market. Park Central’s original design as an outdoor regional mall provides a unique opportunity to utilize features that are attractive to today’s “new economy”

Park Central has exceptional “bones.” Its mid-century-modern initial design thoughtfully incorporated a number of elements that make it an ideal target for revitalization. The new Park Central will return the existing buildings to their mid-century-modern roots while incorporating some exceptional new design features designed to make the project feel innovative, high-tech and creative. The 337,000 square feet to be revitalized is separated into several distinct districts, each with its own identity.

The LINK: A prominent visual statement of Park Central’s new identity, designed to strengthen the Park Central inviting presence and brand along Central Avenue with a pedestrian connection to Central Avenue with a prominent shade structure, to activate the space for a variety of uses.

The GOLDWATER BUILDING: As the locals know it, the former Goldwater’s space — a large, flexible office space with a strong visual presence.

The PORCH: Exceptional spaces for food and drink to support tenants and the community at large.

The HUB: An inventive creative space to support Phoenix’s best and brightest entrepreneurs and workers.

The LOFTS: Authentic work spaces that celebrate the history of the property while incorporating modern amenities.

The YARD: Temperate outdoor space that creates new opportunities for work and play.

The new Park Central is embracing its very successful base of existing restaurants and adding more to enhance its position as the beating heart of central Phoenix, with a vibrant mix of office and retail tenants, exceptional foot traffic, an affluent nearby population and an unmatched location in the heart of the central business district. It’s the perfect spot for restaurant and retail tenants looking to attract customers morning, noon and night.

HUB

GOLDWATER

BUILDING

B entry corner

G entry corner

G south façade

BRENT MALLONEECushman & Wakefield +1 602 224 [email protected]

LIGHT RAIL

CENTRAL AVENUE

LIGHT RAIL

DEMOGRAPHICS

TRAFFIC COUNTS

CONTACTS

LIGHT RAIL STATS

MARGARET LLOYDPlaza Companies+1 602 828 7214 [email protected]

1 MILES 3 MILES 5 MILES

Population 14,966 168,278 424,876Average Household Income $64,869 $54,530 $57,489Total Households 7,871 67,046 152,390

Light Rail (# of Boarding’s and Departures in 2016)Osborn Rd/Central Ave Light Rail Station: 7,540Thomas Rd/Central Ave Light Rail Station: 11,655

North of Thomas on Central Ave: 22,486South of Thomas on Central Ave: 20,795East of Central Ave on Thomas: 30,769West of Central Ave on Thomas: 32,169

RESTAURANT / RETAIL OPPORTUNITIES - Park Central · THE NEW PARK CENTRAL. THE NEW PARK CENTRAL. The...

Documents

Transcript of RESTAURANT / RETAIL OPPORTUNITIES - Park Central · THE NEW PARK CENTRAL. THE NEW PARK CENTRAL. The...