LOOK FORWARD. LOOK EAST.

Transcription

1 LOOK FOWD. LOOK ST. Lars Kerstein WSHIGTO, D.C.

2 LOOK YOU BST. LOOK ST. cornerstone of ortheast Washington, D.C. s ongoing evolution, ast iver Park is the area s go-to destination for grocery-anchored shopping. The center has a strategic position in rapidly emerging Ward 7, just 15 minutes from the heart of the District, and sees exceptional pedestrian and vehicular traffic (close to,000 cars each day) from the intersection at Benning oad and Minnesota venue. ast iver Park is at the forefront of progressive development in a key D.C. region, and a valuable retail staple to its surrounding neighborhood.

3 FOT DUPOT IC IK 12 0, 1,00 0 D 123, 0 31 D D , 400 D FOT CHPLI PK PTMTS (549 UITS) CPITOL ST, SH IFF D, H T O LW I K M LBO O PIK ast iver Park is a thriving grocery-anchored destination with roots in a rapidly emerging ortheast Washington, D.C. neighborhood, which sees ±,000 vehicles daily. DC OFFIC 218, D KO T P D, S OD H GO S 3 D IDPDC, S 88,30 OP 0 D C O I ST 4 00 IGHBOHOOD SPOTLIGHT CPIT ITOL OL ST ST, B IG D, BU G D, FK STDIUM C ST MT OLIT CMTY BL D S, S BCH 295 I TIOL BOTUM 37,70 0 D W YOK, 1 28,100 D 76,000 D SO UT H 1 FOT DUPOT TIOLS TIIG CT I, S MI S OT,S S YL PK 7 PTMTS (198 UITS) PDIS T PKSID PTMTS (653 UITS) 395

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5 IW FOM MISOT U LOOKIG SOUTHST 5

6 POGM : TIL: SIDTIL: B: TIL: OFFIC: 70,400 SF 280 UITS 33,000 SF 33,000 SF TOTL: TIL: SIDTIL: OFFIC: 119,0 SF 280 UITS 33,000 SF PKIG POIDD: TIL PKIG sf: 622 ps 319 ps SIDTIL PKIG 238ps nchor Junior nchor Small Shop ertical Circulation Office esidential C: TIL: 16,100 SF OFFIC PKIG sf: 66 ps Benning d Benning d 5-story apartments 190 Units P3 22 ps 7.5k sf Grocer k sf Grocer & shared loading 4-story apartments 90 Units Minnesota ve UPP LL Grocer Mechanicals P3 208 ps C Dix St esidential Parking 2nd Level Office 33,000 SF B Office 16.5k sf Minnesota ve 2k sf 5.3k sf 5.6k sf P1 P 165 ps 67 ps C Dix St 16.1k sf P2 P 40 ps Junior nchor 13k sf B Junior nchor 20k sf P2 - Structured parking Drive-thru Shared loading 40th St ST I PK SIT PL 6

7 CPITOL ST, COL HILLS S/C 31, 000 D TH SHOPS T DKOT COSSIG D D ,100 D 0 1, , 0 D 17, 400 M LBO BCO S/C SH IFF D, TH O LW I K P BCH S/C S YL STO SQU BCH, S GOODHOP MKTPLC SKYLD T/C TH POIT T BOTUM LD PKWY 76,000 D SO UT H 1 P D KO T, MI S OT,S I, S O C HOD ISLD OW SUIT OD H GO JKIS OW 395,90 0 D SUI 24 IDPDC, S C ST POPOSD CPITOL ST, 88,30 OP 0 D, S D G D, B I W YOK, 37,70 0 D H ST, BL D S BU G D, HOD ISLD PLC MT OLIT CMTY FK STDIUM I 1 TIOL BOTUM HCHT S WHOUS 4 I HCHIG CT POPOSD ST GLLUDT UISITY ST I PK TD 7

8 LOOK YOU BST. LOOK ST. LOCTIO DTILS POPTY TD DMOGPHICS TSIT STTS OTBL TFFIC GTOS Located in evolving part of ±120,000 square feet of esidential population xcellent access to two FK Stadium Home of Ward 7 in Washington, D.C. retail 229,274 adjacent metro stops within D.C. United soccer Positioned at intersection of ±33,000 square feet of verage household income - a 5-10 minute walk [future development site] Benning d and office $74,829 Two D.C. Streetcar stops Fort DuPont ationals Minnesota ve ±280 apartments mployee population planned adjacent to Baseball Training Center djacent to nacostia Two current anchors 94,628 property Fort DuPont Ice ink Freeway (I-295) off ramp ational, regional and local 8% total projected Traffic counts: Park 7, Fort Chaplin Park Strong access to area tenant mix population growth in next 5 o Benning d and Parkside employment years 31,000 PD developments (±1,400 Proximity to ortheast D.C. s >$810 million in grocery and o Minnesota ve residential units) mixed-use corridors such as restaurant spending power 17,400 PD H Street o nacostia FWY 121,0 PD 8

9 LOOK HD. LOOK ST. LS KSTI Cedar ealty Trust ice President, Development Leasing 415 gg Harbor oad, Suite 21 Sewell, J lkerstein@cdrrt.com HUD KUPPM Cedar ealty Trust ice President, Development 44 South Bayles venue Port Washington, Y 110 ekupperman@cdrrt.com