THE epic. authentic. pittsburgh - DINING SHOPPING FITNESS ENTERTAINMENT OFFICE TECHNOLOGY - 1600 SMALLMAN

Page created by Allen Armstrong
 
CONTINUE READING
THE epic. authentic. pittsburgh - DINING SHOPPING FITNESS ENTERTAINMENT OFFICE TECHNOLOGY - 1600 SMALLMAN
THE

             epic. au t he n t ic . pit t s b u r g h .

DINING   SHOPPING   FITNESS   ENTERTAINMENT     OFFICE    TECHNOLOGY
THE epic. authentic. pittsburgh - DINING SHOPPING FITNESS ENTERTAINMENT OFFICE TECHNOLOGY - 1600 SMALLMAN
Revitalization and restoration of two historic buildings

Claim your space in Pittsburgh’s   ~300,000 SF of new retail, restaurants and office with parking

    authentic Strip District.      Massive Smallman Street makeover features new sidewalks,
                                         lighting, crosswalks, public plaza and bike lanes

                                     Steps from the Allegheny River and Downtown Pittsburgh

                                                 Construction begins March 2019

                                              IMAGINE THE POSSIBILITIES!
THE epic. authentic. pittsburgh - DINING SHOPPING FITNESS ENTERTAINMENT OFFICE TECHNOLOGY - 1600 SMALLMAN
CITY OF CHAMPIONS
                           Pittsburgh is...

 #3 Metro Area for                #1 City for                 #2 City for Software
STEM Professionals               Finding a Job                    Developers
   (Wallethub, 2019)             (Glassdoor, 2018)              (LiveCareer.com, 2018)

                                                                  #3 on National
  #4 Best Places            #1 City that Appeals
                                                                   Geographic’s
     to Travel                 to Millennials
                                                                  “The Cool List”
 (Harper’s Bazaar, 2017)     (ApartmentList.com 2018)
                                                              (natgeotraveller.co.uk, 2019)

      One of the                One of the                           A Top City
Top 25 College Towns         Most Livable Cities                   for Employee
    in the Nation              in the World                         Satisfaction
   (Wallethub, 2019)       (Global Liveability Index, 2018)            (inc.com)
THE epic. authentic. pittsburgh - DINING SHOPPING FITNESS ENTERTAINMENT OFFICE TECHNOLOGY - 1600 SMALLMAN
DEVELOPMENT OVERVIEW

Historic redevelopment of former 1,533’-long
  Produce Terminal Building, built in 1926.

  ~160,000 SF of retail shops, restaurants,
     a food-centric market and office

        277 surface parking spaces

    Targeting LEED Silver core and shell

        Improved pedestrian access

Contiguous public passageways at 17th and
        18th to the riverfront trail
THE epic. authentic. pittsburgh - DINING SHOPPING FITNESS ENTERTAINMENT OFFICE TECHNOLOGY - 1600 SMALLMAN
DEVELOPMENT OVERVIEW

Historic redevelopment of 1921 structure

  35,000 SF ground-level retail space;
       85,000 SF office space

   Attached 229-stall parking facility

  Targeting LEED Silver core and shell

New dock-level sidewalk, stair and ramps
THE epic. authentic. pittsburgh - DINING SHOPPING FITNESS ENTERTAINMENT OFFICE TECHNOLOGY - 1600 SMALLMAN
THE SIILICON STRIP
“ Technology and tech startups are raging on in the Burgh and there
looks to be no end in sight with companies like Apple, Google, Disney
       and Uber staking their claim in the City of Champions.”

                                   NOTABLE TECHNOLOGY NEIGHBORS
                                     Distance from McCaffery’s Strip District developments

   52,000 SF          102,963 SF                     83,000 SF                           80,000 SF         32,000 SF
 REGIONAL OFFICE        OFFICE                 TECHNOLOGY CENTER                              OFFICE        OFFICE
      0.5 mi            150 feet                     1.2 mi                                    0.3 mi        0.4 mi

   45,000 SF           51,667 SF                      23,850 SF                              15,000 SF   60 EMPLOYEES
  HEADQUARTERS     TECHNOLOGY CENTER                    OFFICE                                OFFICE        OFFICE
      0.3 mi             0.5 mi                          0.2 mi                                0.5 mi        0.5 mi

                                                                                                             Source: PittsburghRealEstateTeam.com, October 2015.
THE epic. authentic. pittsburgh - DINING SHOPPING FITNESS ENTERTAINMENT OFFICE TECHNOLOGY - 1600 SMALLMAN
COLLEGE TOWN, U.S.A.
Pittsburgh is one of the truly great college towns in America.
   In fact, more than 30% of the population is made up of
               college and university students!

  100,000 students are enrolled within 10 miles of the Strip District

  28,649 students                    12,569 students                     10,364 students                     1,897 students
   2.3 miles away                     4.7 miles away                      1.5 miles away                      2.6 miles away

                    3,827 students                     18,913 students                     2,300 students
                    2.9 miles away                      2.8 miles away                      4.6 miles away

                                                                                                                               Source: CBS2 Pittsburgh, January 22, 2019
THE epic. authentic. pittsburgh - DINING SHOPPING FITNESS ENTERTAINMENT OFFICE TECHNOLOGY - 1600 SMALLMAN
SUBMARKET DEVELOPMENTS

Riverfront Landing                         Edge 1909                                                                         Rugby Site                                                                       Riverfront West                                                                  Burns White                                                       The Yards                                                                 UBER

443 Apartments - due 2021                  364 Apartments - delivered 2018                                                   225,000 Mixed Use - due 2022                                                     107,000 SF Office - delivered 2018                                               110,000 SF Office - delivered 2017                              300 Apartments - delivered 2016                                             53,000 SF Office - delivered 2015

District 15 Beta                           District 15                                                                       Strip District Brownstones                                                       Cork Factory Lofts                                                               Lot 24                                                            The Stacks                                                                     Crucible Building

                                                                                                                                                                                                                                                                                                                                                                                                    31st
                                                                                                                                                                                                                                                                                                                                                                                                         St
                                                                                                                                                                                                                                                                                                                                                                                                         Brid
                                                                                                                                                                                                                                                                                                                                                                                                             ge
225,000 SF Office - due 2020               105,000 SF Office - delivered 2018                                                67 Townhomes - due 2020                                                          297 Apartments - delivered 2006                                                  96 Apartments - delivered 2012                                  560,000 SF Office - due 2020                                                110,000 SF Office - delivered 2017
                                                                                                                                                                                                 Allegheny River
                                                                                                          16th St Bridge

                                                                                                                                                                                                                                                                                                                                                                                                                                                 Uber

                                                                                                                                                                                                                                                                                                                                                                                                                                                        33rd St
                                                                                                                                                                                                                                                                                                                                                                                                                                      32nd St
                                                                                                                                                                                                                                                                                                                                                                                                                  31st St
                                                                                                                                                                                                                                                                                                                                                                                                                            31st

                                                                                                                                                                                                                                                                                                                                                               29th St
                                                                                                                                                                                                                                                                                                                                                                                                                            Street

                                                                                                                                                                                                                                                                                                                      27th St
   484K

                                                                                                                                                                                                                                                                                               26th St
                                                                                                                                                                                                                                                                                                                                The Stacks

                                                                                                                                                                                                                                                                     25th St
                                                                                                                                                                                                                                                                                Riv.   Burns

                                                                                                                                                                                                                                                     24th St
   Annual                                                                                                                                                                                                                                  Cork                                                                                                                                                                             Studios

                                                                                                                                                                                                                                 23rd St
                                                                                                                                                                                                    21st St
                                                                                                                                                                                                              Consumer’s                                                                                 The Yards
   Visitors
                                                                                                                                                                                                              Produce
                                                                                                                                                                                                                     3                     Factory                              West   White
                                                                                                                              Riverfront              Riverfront             Edge 1909                                                     Lofts
                                 One Waterfront
                                                             14th St

                                                                                                                              Landing                 Landing                                                                                                                                                                   Railroad St
                                 Place

                                                                                                                                                                                                                                                                                                                                                                                    30th St
                                                                                                                                                                                                                   Railroad St                                                                                                                                                                Crucible

                                                                                                                                                                                                                                                                                                                                                28th St
                                                                                                                                                                               Waterfront Pl                                                                   Lot                                          The Hub                                                                           Building
                                                                                                                                           Strip Distict Brownstones                                          Rugby Site                                       24              2501                                             Spruce Way                                                                                                  The Hub
                                                                                                                                                                                                                                                                                       2555
                                                                                     15th St

                                                                       District 15             District
                                                                       Beta                    15                                                                                                                                                                                                                                Smallman St

                                                                                                                                                      Smallman St                                                                                                                                                                Mulberry Way
                                                   13th St
                                 12th St

                                                                                                                                            17th St

                                                                                                                                                                   18th St

                                                                                                                                                                             19th St

                                                                                                                                                                                       20th St
                            St

                                                                                               Wholey’s
                                                                                                                                                        Mulberry
                       11th

                                                                                               Building                                                                                                                                                                                                                          Penn Ave
                                                                                                                   16th St

                                                                                                                              1627
                                                                                                                                                       Penn Ave                                                                                                                                                                  Spring Way
                                                  237K
                                                  Annual
                                                  Visitors                                                                   Spring Way                                                                                                                                                                                           Liberty Ave

                                                                                                                             Liberty Ave
                                                                                                                                                                                                                                                           Busway Feeder (busses only)                                                                                   S    f sW
                                                                                                                                                                                                                                                                                                                                                                         Sassafra Way                                                      590 Parking Spots - delivered 2017

                                                                                                                                                                                                                                                                                                             er King Jr East            Busway (busses only)
AC Hotel                                   One Waterfront Place
                                                             Bigelow Blvd                                                    Homewood Suites                                                                  Wholey’s Building                                                                1627
                                                                                                                                                                                                                                                                                                  Marton   the
                                                                                                                                                                                                                                                                                                      in Luth      Strip                                         2501 Smallman                                                              2555 Smallman

                                                                                                                                                                                                                                                                                                              Cliffside
                                                                                                                                                                                                                                                                                                              Cl
                                                                                                                                                                                                                                                                                                              Cliiff
                                                                                                                                                                                                                                                                                                                 iffffs
                                                                                                                                                                                                                                                                                                                      sid
                                                                                                                                                                                                                                                                                                                      side Park
                                                                                                                                                                                                                                                                                                                        de Parrk
                                                                                                                                                                                                                                                                                                                           Pa  k

131 Keys - delivered 2018                  200,000 SF Office                                                                 150 Keys - delivered 2016                                                        189 Apartments - proposed                                                        72 Apartments - delivered 2018                                  52,000 SF Office - 2016                                                     77,500 SF Office - delivered 2016
THE epic. authentic. pittsburgh - DINING SHOPPING FITNESS ENTERTAINMENT OFFICE TECHNOLOGY - 1600 SMALLMAN
Where
Old School
Is New
School
From industrial epicenter to historic
market district, The Strip District has
seen it all. That’s why so many say
the plucky, half-mile long stretch of
land between the Allegheny River, the
Hill District and 11th and 33rd Streets
“encompasses everything Pittsburgh
stands and is known for.”*

Today, old and new blend together to
create a truly authentic and one-of-a-
kind Pittsburgh experience. The still-
standing industrial warehouses now
function as food markets and coffee
shops, offices and innovation hubs,
art centers and ethnic restaurants,
antique dealers and fashion
boutiques. From morning commuters
to nightlife revelers, the Strip District
offers something for everyone.

                                  Source: www.nextpittsburgh.com
THE epic. authentic. pittsburgh - DINING SHOPPING FITNESS ENTERTAINMENT OFFICE TECHNOLOGY - 1600 SMALLMAN
● Real Luck Cafe

                                                                                                                                                                                 ●
EXCEPTIONAL ACCESSIBILITY

BY CAR
4 minutes     Downtown Pittsburgh
4 minutes     Lawrenceville
5 minutes     PNC Park
5 minutes     Heinz Field
8 minutes     University of Pittsburgh
8 minutes     Duquesne University
11 minutes    Carnegie Mellon University

PARKING
323 spaces       To adjoin development
427 spaces       Cork Factory Garage
575 spaces       The Hub at 3 Crossings
+ 5 public surface parking lots within ½ mile

BY BIKE
Three Rivers Heritage Trail Access
100 bike stalls at The Hub at 3 Crossings                                             54

Healthy Ride Pittsburgh Station on-site                                               BUS
                                                                                          88
10 blocks of protected bike lanes along Penn Ave.                                    54
                                                                                               54

                                                                         54
                                                                               54

                                                                                     BUS       BUS
                                                                         BUS   BUS              91
                                                                                86    87
                                                                          54
BY BUS
The 54, 86, 87, 88, and 91 travel through the Strip
District with stops on Liberty and/or Penn Avenue.

BY FOOT
The Strip District Terminal and 1600 Smallman are at the
center of the Strip District’s colorful entertainment district,
just steps from its eclectic food purveyors, hip galleries,
hot eateries, and trendy breweries and distilleries.
$
   120,852
AVERAGE HOUSEHOLD INCOME IN STRIP DISTRICT

  $
      85,482
AVERAGE DISPOSABLE INCOME IN STRIP DISTRICT

                                                      85.8%
                                              RESIDENTS WITH BACHELOR’S DEGREES IN STRIP DISTRICT

                                                 $
                                                     366,892
                                                     AVERAGE HOME VALUE IN STRIP DISTRICT

                                                                                                    Data Note: Income is expressed in current dollars.
                                                                      Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2018.
SITE PLAN
                    STRIP DISTRICT TERMINAL

PHASE 1   PHASE 2                   PHASE 3   PHASE 4
PHASE 1
THE STRIP DISTRICT TERMINAL
PHASE 2
THE STRIP DISTRICT TERMINAL
PHASE 3
THE STRIP DISTRICT TERMINAL
PHASE 4
THE STRIP DISTRICT TERMINAL
BUILDING SECTION
THE STRIP DISTRICT TERMINAL
SITE PLAN
                                                                                                   1600 SMALLMAN

                                                                                                         60$//0$1675((7

                                                                                                         (/(9$7(''2&.

                                                                                                                                                            
7+ 675

                                   RENTABLE SPACE =6)
                                   86$%/(63$&(       10,749 SF                                                                                                        RENTABLE SPACE6)
                                                                                                                                                                      86$%/(63$&(     = 13,830 SF
                                   5(17$%/(63$&(    6)
                                   USABLE SPACE = 10,028   SF                                                                                                         5(17$%/(63$&(    6)
                                                                                                                                                                       USABLE SPACE = 12,903  SF

                                                                                                                                                                                                                              7+ 675
                                                                                                                                                                                                         
                                    7281'(56,'(2)&(,/,1*                      RENTABLE SPACE = 9,193 SF                                                       7281'(56,'(2)&(,/,1*
        ((

                                    7281'(56,'(2)%($0                         USABLE SPACE = 8,577 SF                                                         7281'(56,'(2)%($0
                                                                     

                                                                                                                                                 
    7

                         

                                                                                                                                                                                                                                      ((
                                                                                                                                                                                                                    

                                                                                                                                                                                                                                  7
                                                                                                                                                                                     
                                            

               5$0372
               3$5.,1*
             *$5$*($%29(
                                                                                                                                                                                           5$0372*$5$*(%(/2:

                                                                               327(17,$/$5($6)25/2$',1*                 08/%(55
BRING YOUR BUSINESS TO PITTSBURGH’S
  MOST authentic NEIGHBORHOOD

                    THE

               ROSS MODJESKA
                 312-784-2758
          rmodjeska@mccafferyinc.com
You can also read