ONE OF PHOENIX’S MOST ICONIC PROPERTIES IS ABOUT TO BE REBORN.
RESTAURANT / RETAIL OPPORTUNITIESRESTAURANT / RETAIL OPPORTUNITIES
PHOENIXCOLLEGE
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ALTA MIDTOWN225 UNITS
BUILT IN 2017
APEX OFF 7TH STREET
104 UNITSBUILT IN 1980
BELCOURT198 UNITS
BUILT IN 1957
BROADSTONEARTS DISTRICT
280 UNITSBUILT IN 2017
CAMELBACK COVE
270 UNITSBUILT IN 1980
CAMBRIDGE COURT
286 UNITSBUILT IN 1970
CAMELBACKPROPERTIES
147 UNITSBUILT IN 1959
CITI ONCAMELBACK
193 UNITSBUILT IN 2001
CLARENDONPARK
138 UNITSBUILT IN 2002
CLUB 7219 UNITS
BUILT IN 1949
COLTER PARK384 UNITS
BUILT IN 1972
EL CORTEZ156 UNITS
BUILT IN 1985
ELEVATIONON CENTRAL
266 UNITSBUILT IN 2016
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
124 UNITSBUILT IN 1980
MOZAIC ATSTEELE PARK
399 UNITSBUILT IN 1999
THE MUSE367 UNITS
BUILT IN 2017
THE PAVILIONSON CENTRAL
254 UNITSBUILT IN 2000
THE PHOENIX100 UNITS
BUILT IN 1961
THE STATIONON CENTRAL
414 UNITSBUILT IN 1999
333 EAST MULBERRY DRIVE
104 UNITSDELIVERY N/A
BROADSTONECENTRAL192 UNITS
DELIVERY N/A
BROADSTONEMIDTOWN
200 UNITSDELIVERY 2018
CRESCENT MIDTOWN
335 UNITSDELIVERY 2018
OMNINET WEST286 UNITS
DELIVERY N/A
ALTA CAMELBACK
230 UNITSDELIVERY 2018
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
PHOENIXCOLLEGE
!
!
!Ã
!
!
!Ã
ALTA MIDTOWN225 UNITS
BUILT IN 2017
APEX OFF 7TH STREET
104 UNITSBUILT IN 1980
BELCOURT198 UNITS
BUILT IN 1957
BROADSTONEARTS DISTRICT
280 UNITSBUILT IN 2017
CAMELBACK COVE
270 UNITSBUILT IN 1980
CAMBRIDGE COURT
286 UNITSBUILT IN 1970
CAMELBACKPROPERTIES
147 UNITSBUILT IN 1959
CITI ONCAMELBACK
193 UNITSBUILT IN 2001
CLARENDONPARK
138 UNITSBUILT IN 2002
CLUB 7219 UNITS
BUILT IN 1949
COLTER PARK384 UNITS
BUILT IN 1972
EL CORTEZ156 UNITS
BUILT IN 1985
ELEVATIONON CENTRAL
266 UNITSBUILT IN 2016
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
124 UNITSBUILT IN 1980
MOZAIC ATSTEELE PARK
399 UNITSBUILT IN 1999
THE MUSE367 UNITS
BUILT IN 2017
THE PAVILIONSON CENTRAL
254 UNITSBUILT IN 2000
THE PHOENIX100 UNITS
BUILT IN 1961
THE STATIONON CENTRAL
414 UNITSBUILT IN 1999
333 EAST MULBERRY DRIVE
104 UNITSDELIVERY N/A
BROADSTONECENTRAL192 UNITS
DELIVERY N/A
BROADSTONEMIDTOWN
200 UNITSDELIVERY 2018
CRESCENT MIDTOWN
335 UNITSDELIVERY 2018
OMNINET WEST286 UNITS
DELIVERY N/A
ALTA CAMELBACK
230 UNITSDELIVERY 2018
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
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