THE epic. authentic. pittsburgh - DINING SHOPPING FITNESS ENTERTAINMENT OFFICE TECHNOLOGY - 1600 SMALLMAN
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THE epic. au t he n t ic . pit t s b u r g h . DINING SHOPPING FITNESS ENTERTAINMENT OFFICE TECHNOLOGY
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!
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)
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
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 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.
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
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
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
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
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