SHOP & PLAY ON THE. California Coast
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1 SHOP & PLAY ON THE California Coast
2 THE DUNES Located in the City of Marina on the site of historic Fort Ord and just steps from the Pacific Ocean, The Dunes on Monterey Bay is comprised of two distinct districts. The first is a 375,000 square foot existing regional retail center anchored by Target, Kohl s, REI, and Best Buy, with Old Navy, Michael s, Bed Bath & Beyond, Famous Footwear, and Party City rounding out the center. The second district, 10th Street, is anchored by a 5-screen Century Theatres complex and includes specialty retail space and restaurant pads for lease. ABOUT THE CENTER
3 RELAX CENTURY THEATRES AND THE FUTURE RESTAURANTS AND SHOPS ON 10TH STREET PLAY Shop TARGET KOHL S REI BEST BUY OLD NAVY MICHAELS BED BATH & BEYOND PARTY CITY FAMOUS FOOTWEAR
4 MONTER HIGHWAY 1 BED BATH & BEYOND MICHAEL S PARTY CITY TARGET FAMOUS FOOTWEAR REI KOHL S EXISTING DISTRICT I BEST BUY OLD NAVY GENERAL STILWELLDRIVE THE DUNES (NOT A PART) BLD A BLD B BLD C BLD D 2ND AVENUE 9TH STREET BRICK BLD EXISTING LANDMARK BRICK BUILDING BLD A BLD B BLD G BLD H DISTRICT II: RETAIL (LEASED) DISTRICT II: RETAIL (AVAILABLE) FUTURE OFFICE 5-SCREEN CENTURY THEATRES BLD E VILLAGE SQUARE BLD D BLD C DISTRICT II 10TH STREET FUTURE 10TH STREET RETAIL BLD J BLD I SITE PLAN
5 Michael s and Party City Target Bed Bath & Beyond SOME OF OUR TENANTS
6 Century Theatres REI Best Buy, Old Navy SOME OF OUR TENANTS
7 CARMEL MONTEREY SAND CITY PEBBLE BEACH PACIFIC GROVE SEASIDE LIGHT FIGHTER DRIVE CAL STATE UNIVERSITY MONTEREY BAY EXISTING APARTMENTS (108 UNITS) +140,000 SF VETERANS AFFAIRS MEDICAL FACILITY (OPENS FALL 2016) CENTURY THEATRES (NOW OPEN) 1,250 HOMES (332 UNDER CONSTRUCTION) FUTURE DISTRICT II THE DUNES (NOT A PART) HIGHWAY 1 SPRINGHILL SUITES HOTEL (108 ROOMS) EXISTING DISTRICT 1 EXISTING COMMUNITY HOSPITAL OF THE MONTEREY PENINSULA STARBUCKS CHIPOTLE VERIZON BLAZE MENCHIES SMASHBURGER SLEEPTRAIN IMJIN PARKWAY MARINA LOCATION
8 1 PEBBLE BEACH CONCOURS D ELEGANCE 2 MONTEREY BAY AQUARIUM 3 MONTEREY BAY NATIONAL MARINE SANCTUARY 4 CANNERY ROW 2 5 LAGUNA SECA RACEWAY MONTEREY BAY WINERIES 17 MILE DRIVE PEBBLE BEACH CARMEL BY THE SEA 8 TRADE AREA POPULATION AVG HH INCOME TRAFFIC ,792 $93,194 94K ADT Source: Alteryx Inc. 2016B The Monterey Bay Region remains one of the premiere tourist destinations in the United States. More than eight million tourists visit the region each year with 65% - 70% staying in the area for a minimum of three nights. Many visitors enjoy the area activities including over 24 area golf courses. 3 AREA INFORMATION & DEMOGRAPHICS
9 1 1 2 MARINA STATION Located two miles north of The Dunes, this 320-acre project located within the City of Marina is entitled for 1,360 residential units. CYPRESS KNOLLS The City of Marina has approved this 190-acre development for 712 residential units and 60 bed assisted living facility. 2 3 THE DUNES ON MONTEREY BAY The residential component of this 400-acre mixed use community will include 1,250 units including apartments, live/work units, townhouses and single family detached homes MARINE HEIGHTS This 248-acre project located one mile from The Dunes and is fully entitled for 1,050 single family homes and 192 affordable units. The backbone infrastructure is installed for the first 300 lots SEASIDE RESORT DEVELOPMENT The Developer has completed the $14M upgrade of the Bayonet and Black Horse golf courses at this destination resort. The next phase of development located about two miles south of The Dunes will include a four-star hotel with approximately 275 rooms, 175 condominiums and 125 custom residential lots fronting the two golf courses. EAST GARRISON VILLAGE This 244-acre community is located in unincorporated Monterey County about 4.5 miles east from the Dunes development. The County has approved this development for 1,470 homes. Three collections of new homes are now selling. 5 HOUSING SUMMARY
10 New Residential Communities New Residential Communities Monterey Urgent Care CSU Monterey Bay Peninsula Wellness Center THE COMMUNITY
11 CSU MONTEREY BAY & FORT ORD The Fort Ord United States Army post was established in Named in honor of Major General Edward Ord, a Union Army leader during the American Civil War, the post was designated Fort Ord in During the 1950s and 1960s Fort Ord housed nearly 50,000 troops. In 1994, Fort Ord was officially closed. Most of the land was returned to the state of California and became the home of California State University Monterey Bay. The city of Marina was also given a part of the land to develop, including the land where The Dunes on Monterey Bay now sits. Cal State University, Monterey Bay is ideally situated between Monterey Bay and Salinas Valley. The 1,365-acre campus brings together students and faculty in the heart of a premiere California location. The University will offer 30 undergraduate and graduate programs including Marine Biology, Foreign Language, and Computer Sciences. Current enrollment is over 4,000 students with expected enrollment to be 10,000. CSUMB employs more than 350 faculty members and 400 support staff members. 55% of students live on campus. HISTORY
12
13 SHEA PROPERTIES (LIC ) (949) COMMERCIAL RETAIL ASSOCIATES Sam Bogdanovich (LIC ) (831)
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