DOWNTOWN EAST RESTAURANT AND RETAIL SPACE. Matt Friday. Senior Vice President

Transcription

1 DOWNTOWN EAST RESTAURANT AND RETAIL SPACE AVAILABLE for lease Matt Friday Senior Vice President David Daly Vice President Eric Sheaffer Associate CBRE 81 south ninth street #400 Minneapolis, mn

2 about DOWNTOWN EAST DOWNTOWN EAST retail A CHANGING LANDSCAPE WITHIN THE DOWNTOWN CORE The Downtown East development presents an exceptional opportunity for restaurants and retailers to be a part of this exciting and exceptional mixed-use project. This project will act as a catalyst for continued redevelopment in the Downtown East neighborhood. A mix of street level and skyway retail space offers excellent visibility, notability and access. Restaurant and retail will serve not only the downtown core, but 5,000 to 6,000 Wells Fargo employees, as well as traffic generated by the new stadium to be completed in why a retailer would locate here Opportunity to serve a customer-base from both street level and skyway level Notability of occupying space in a high-profile, highly sought after development Connected via skyway to downtown core, new Vikings Stadium and serving 5,000 to 6,000 employees within the complex Visibility and access to a world-class urban park/plaza that serves as the front yard to the new stadium 24/7 year-round community with residential, office, recreation and easy access to light rail and bus transit Close proximity to Hiawatha and Central Corridor rail lines leverages the public investment in mass transit The stats Approximately 26,400 SF of retail space, street level and skyway 1.2 Million SF of office space, two 17-story office buildings Office capacity for 5,000-6,000 employees Approximately 200 residential units phase 1 Approximately 220 residential units phase 2 1,625 stall parking structure 4.2 Acre green space 2

3 downtown east - area TO/FrOM i94 northstar commuter rail TO st. cloud route no TransiT center BUs routes destination Brooklyn center south Minneapolis south Minneapolis edina south Minneapolis apple Valley Burnsville savage Burnsville lakeville eagan eagan rosemount route no destination lakeville rosemount rosemount shakopee shakopee Bloomington Minnetonka edina Bloomington excelsior chaska new hope crystal transit southwest lrt extension (Green line) Green line / BlUe line lrt TO eden Prairie downtown east lrt station Green line lrt TO st. PaUl highway access lrt lines ExiSTiNg SKyWAy NETWORK PROPOSED SKyWAy BlUe line lrt TO/FrOM hwy 55 lrt stations commuter rail line BUs TransiT center TO BE DEVELOPED AND CONSTRuCTED By RyAN TO BlOOMinGTOn S WASHiNgTON AVE S 3RD AVENuE TuNNEL S 4TH AVENuE S 5TH AVENuE RESiDENTiAL PORTLAND AVENuE S 7TH STREET RES. RES. OFFiCE OFFiCE RES. RES. urban PARK / PLAZA S 5TH STREET PARK AVENuE S 4TH STREET S 3RD STREET CHiCAgO AVENuE msfa RAmP 1,625 Stalls Site Plan/skyway S 8TH STREET 3

4 street level - restaurant AVAILABLE RETAIL SPACE Two retail availabilities within the Block 68 and Block 69 buildings well suited for a restaurant user. Street frontage facing 4th Street and the park Outdoor seating and patio area Both suites are adjacent to a plaza or gathering area Adjacent to 1.2 million square feet of office and 300 residents BLOCK 68 AVAILABLE SUITE: +/- 6,000 SF +/- 1,600 SF of sidewalk seating Ideal for a high-end restaurant use BLOCK 69 AVAILABLE SUITE: +/- 4,000 SF +/- 1,100 SF of sidewalk seating Ideal for a restaurant use accommodating both lunch and dinner crouds

5 street level - restaurant 5

6 Park Retail AVAILABLE RETAIL SPACE One retail availability within the Park Block building well suited for a pet concept user, lifestyle oriented retailer or a food & drink user Excellent visibility facing the 4.2 acre park Street frontage facing 4th Street Outdoor seating and patio area Suite is adjacent to a the park which will be used yearround for numerous activities, events and gathering space PARK BLOCK AVAILABLE SUITE: +/- 2,000 SF +/- 800 SF of sidewalk seating

7 park retail 7

8 skyway retail AVAILABLE RETAIL SPACE Approximately 14,400 square feet of retail Serving 5,000 to 6,000 Wells Fargo employees Major skyway thoroughfare from downtown CBD to new downtown stadium BLOCK 68 AVAILABLE SUITES: 1,000-3,000 square feet Ideal for sandwich, coffee, QSR, discount hair, other services BLOCK 69 AVAILABLE SUITES: 1,000-3,000 square feet Ideal for sandwich, coffee, QSR, discount hair, other services

9 skyway retail 9

10 leasing team Downtown east Matt Friday Senior Vice President David Daly Vice President Eric Sheaffer Associate

11 CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world s largest commercial real estate services and investment firm (in terms of 2012 revenue). The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at for more information, please contact: Matt Friday matt.friday@cbre.com David Daly david.daly@cbre.com Eric Sheaffer eric.sheaffer@cbre.com CBRE 81 South Ninth Street Suite 400 Minneapolis, MN CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.