THE - 1600 SMALLMAN - A new perspective...Source: CBS2 Pittsburgh, January 22, 2019 COLLEGE TOWN,...
Transcript of THE - 1600 SMALLMAN - A new perspective...Source: CBS2 Pittsburgh, January 22, 2019 COLLEGE TOWN,...
DINING SHOPPING FITNESS ENTERTAINMENT OFFICE TECHNOLOGY
epic. authentic. pittsburgh.
THE
Revitalization and restoration of two historic buildings
~300,000 SF of new retail, restaurants and offi ce with parking
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!
Claim your space in Pittsburgh’sauthentic Strip District.
CITY OF CHAMPIONSPittsburgh is...
#2 City for Software
Developers
(LiveCareer.com, 2018)
#3 on National
Geographic’s
“The Cool List”
(natgeotraveller.co.uk, 2019)
A Top City
for Employee
Satisfaction
(inc.com)
#3 Metro Area for
STEM Professionals
(Wallethub, 2019)
#4 Best Places
to Travel
(Harper’s Bazaar, 2017)
One of the
Top 25 College Towns
in the Nation
(Wallethub, 2019)
#1 City for
Finding a Job
(Glassdoor, 2018)
#1 City that Appeals
to Millennials
(ApartmentList.com 2018)
One of the
Most Livable Cities
in the World
(Global Liveability Index, 2018)
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 offi ce
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 offi ce 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 NEIGHBORSDistance from McCaff ery’s Strip District developments
23,850 SF OFFICE
0.2 mi
15,000 SF OFFICE
0.5 mi
60 EMPLOYEES OFFICE
0.5 mi
51,667 SF TECHNOLOGY CENTER
0.5 mi
45,000 SF HEADQUARTERS
0.3 mi
52,000 SF REGIONAL OFFICE
0.5 mi
102,963 SF OFFICE150 feet
83,000 SF TECHNOLOGY CENTER
1.2 mi
80,000 SF OFFICE
0.3 mi
32,000 SF OFFICE
0.4 mi
Source: PittsburghRealEstateTeam.com, October 2015.
Source: CBS2 Pittsburgh, January 22, 2019
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
2.3 miles away
3,827 students2.9 miles away
12,569 students4.7 miles away
18,913 students2.8 miles away
2,300 students4.6 miles away
10,364 students1.5 miles away
1,897 students2.6 miles away
SUBMARKET DEVELOPMENTS
16th
St B
ridg
e
31st S
t Brid
ge
32nd
St
31st S
t
30
th S
t
29
th S
t
28
th S
t
27th
St
26
th S
t
25th
St
24
th S
t
23rd
St
21st S
t
15th
St
16th
St
17th
St
18th
St
19th
St
20
th S
t
Waterfront Pl
Smallman St
Mulberry
Spring Way
Penn Ave
Liberty Ave
Smallman St
Railroad St
Martin Luther King Jr East Busway (busses only)
Busway Feeder (busses only)
Bigelow Blvd
Railroad St
Allegheny River
Cliffside ParkC ffCl idif des e P rkPaarkC iffC sili dfs dee rPa k
Mulberry Way
Spruce Way
Spring Way
Sassafras Way
Penn Ave
Liberty Ave
13th
St
12th
St11
th S
t
14th
St
33rd
St
3
Lot
24
Riv.
West
25012555
Burns
White
560,000 SF Office - due 2020
The Stacks
67 Townhomes - due 2020
Strip District Brownstones
96 Apartments - delivered 2012
Lot 24
297 Apartments - delivered 2006
Cork Factory Lofts
300 Apartments - delivered 2016
The Yards
225,000 Mixed Use - due 2022
Rugby Site
364 Apartments - delivered 2018
Edge 1909
443 Apartments - due 2021
Riverfront Landing
225,000 SF Office - due 2020
District 15 Beta
107,000 SF Office - delivered 2018
Riverfront West
189 Apartments - proposed
Wholey’s Building
200,000 SF Office
One Waterfront Place
131 Keys - delivered 2018
AC Hotel
72 Apartments - delivered 2018
1627 on the Strip
52,000 SF Office - 2016
2501 Smallman
77,500 SF Office - delivered 2016
2555 Smallman
590 Parking Spots - delivered 2017
The Hub
110,000 SF Office - delivered 2017
Crucible Building
110,000 SF Office - delivered 2017
Burns White
105,000 SF Office - delivered 2018
District 15
150 Keys - delivered 2016
Homewood Suites
484KAnnual Visitors
237KAnnual Visitors
S f W
53,000 SF Office - delivered 2015
UBER
Riverfront
LandingRiverfront
Landing
District
15
1627
Wholey’s
Building
One Waterfront
Place
District 15
Beta
Edge 1909
Strip Distict Brownstones Rugby Site
Consumer’s
Produce
Cork
Factory
Lofts
The Yards
The Hub
The Stacks
Crucible
Building
31st
Street
Studios
Uber
Where Old School Is New SchoolFrom 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
off ers something for everyone.
Source: www.nextpittsburgh.com
PENN AVEPENN AVE
SMALLMAN ST
SMALLMAN ST
LIBERTY AVELIBERTY AVE
SPRING WAY
MULBERRY WAY
RAILROAD STWATERFRONT PL
21S
T S
T
22
ND S
T
20
TH S
T
17T
H S
T
18T
H S
T
19T
H S
T
16T
HT S
T16
TH
T S
T B
RID
GE
23
RD S
T
24
TH S
T
● <Lidia's Pittsburgh
● <Eleven● Mahla & Co
Antiques
● Leaf & Bean
● La PrimaEspresso
● Pittsburgh Popcorn Co
● P
rest
ogeo
rge
Cof
fee
& T
ea
● P
eppi
's
● W
hole
y's
● A
ndy'
s Su
shi B
ar
● M
aiku
Sus
hi
● L
otus
Foo
dC
ompa
ny
● G
auch
o Pa
rilla
Ar
gent
ina
● I
n Th
e Ki
tche
n
● G
ene
Sane
's
Inte
rior
Des
ign
● P
enze
y's
Spic
es●
Sam
bok
Kore
an
Gro
cery
● J
imm
y &
Nin
o Su
nser
i Co
● A
llegh
eny
Cof
fee
● M
y Sw
eet
Lily ● Chicken
Latino
● Pamela's Diner
● Smallman Gallery
● Peace, Love & Little Donuts
● D
eLuc
a's
● L
ucy'
s
● L
efty
's
● R
eal L
uck
Caf
e
ST. STANISLAUS CHURCH
ORCH
ARD
HILL
CHU
RCH
AMPL
IFY
CHUR
CH
CORK FACTORY LOFTS(297 apartments)
DELIVERED
EDGE 1909(364 Apartments)
DELIVERED
DISTRICT 15(105,000 SF Office)
RIVERFRONT LANDING PHASE II(443 Apartments)
DELIVERS 2021
STRIP DISTRICT BROWNSTONES(67 Townhomes)
● S
trip
Dis
tric
t M
eats
● P
NC
● R
eyna
Foo
ds
● C
afé
Ray
mon
d
● P
A Li
bati
ons
● Y
inze
r's
● A
rt o
f St
eel
● P
enn
Anim
al
Hos
pita
l
● R
oxan
ne's
● S
am's
in t
he S
trip
● T
he B
eerh
ive
RUGBY REALTY400,000 SF Offi ce
BREAKING GROUND 2019
● P
enn
Aven
uePo
tter
y
● B
lack
and
Gol
dFo
reve
r
● B
radl
ey's
Boo
ks
● S
alon
Sol
a
● M
arke
t O
utle
t
● M
ulla
ney'
s H
arp
& F
iddl
e
Scho
rin
Co ●
Gra
ndpa
Joe
's ●
H
ouse
of
Can
dy
Edlis
Bea
uty/
●B
arbe
r Su
pply
Smal
lman
Gal
ley ●
R W
ine
Cel
lar ●
Primanti Bros. ●
Loom
●
Pho
Van ●
Hot
Hau
te H
ot ●
Penn
sylv
ania
Mac
aron
i Co.
●
Penn
Ave
●
Fish
Bar
Mar
co ●
● W
igle
Whi
skey
Hom
e D
ecor
●
Liqu
idat
ors
Rol
and'
s Se
afoo
d ●
G
rill
S&D
Del
i ●
Gen
eral
Mer
ch ●
O
utle
t
Y&Q
Hom
e Pl
us ●
Litt
le B
angk
ok ●
Parm
a Sa
usag
e ●
The Olive Tap ●
Jthn. Moran ●
Mar
ket
Out
let ●
McD
onal
d's ●
Cav
o ●
Mer
aki S
tudi
o ●
Cak
e ●
Bel
la N
otte
●
East End Brewery ●
Kaya
●
Atel
ier
de F
er ●
Stam
oolis
Bro
s ●
Enri
co B
isco
tti ●
WFH
Ori
enta
l Mkt
●
Wes
Ban
co ●
Kelly
O's
Din
er ●
Luke Wholey's ● Alaskan Grill
● M
on
Aim
eeC
hoco
lat
Cio
ppin
o ●
Ost
eria
235
0 ●
● Shopping ● Booze/Entertainment ● Dining ● Purveyor / Grocery ● Coffee Shop ● Bank ALLEGHENY RIVER
● CFP Winemakers
● Pittsburgh Cruise Lines
● Consumer Fresh Produce
NOTABLE NEIGHBORS
54
BUS54
54
BUS86
54
BUS88
54
BUS87
54
BUS91
BY BIKE
Three Rivers Heritage Trail Access
100 bike stalls at The Hub at 3 Crossings
Healthy Ride Pittsburgh Station on-site
10 blocks of protected bike lanes along Penn Ave.
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
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.
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 BUS
The 54, 86, 87, 88, and 91 travel through the Strip
District with stops on Liberty and/or Penn Avenue.
EXCEPTIONAL ACCESSIBILITY
Data Note: Income is expressed in current dollars. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2018.
$85,482AVERAGE DISPOSABLE INCOME IN STRIP DISTRICT
85.8%RESIDENTS WITH BACHELOR’S DEGREES IN STRIP DISTRICT
$120,852AVERAGE HOUSEHOLD INCOME IN STRIP DISTRICT
$366,892AVERAGE HOME VALUE IN STRIP DISTRICT
SITE PLANSTRIP DISTRICT TERMINAL
PHASE 1 PHASE 2 PHASE 3 PHASE 4
PHASE 1THE STRIP DISTRICT TERMINAL
PHASE 2THE STRIP DISTRICT TERMINAL
PHASE 3THE STRIP DISTRICT TERMINAL
PHASE 4THE STRIP DISTRICT TERMINAL
BUILDING SECTIONTHE STRIP DISTRICT TERMINAL
SITE PLAN1600 SMALLMAN
RENTABLE SPACE = 13,830 SF
USABLE SPACE = 12,903 SF
RENTABLE SPACE = 9,193 SF
USABLE SPACE = 8,577 SF
RENTABLE SPACE = 10,749 SF
USABLE SPACE = 10,028 SF
RENTABLE SPACE = 10,749 SF
USABLE SPACE = 10,028 SF
RENTABLE SPACE = 9,193 SF
USABLE SPACE = 8,577 SF
RENTABLE SPACE = 13,830 SF
USABLE SPACE = 12,903 SF
THE
BRING YOUR BUSINESS TO PITTSBURGH’S MOST authentic NEIGHBORHOOD
ROSS MODJESKA312-784-2758
rmodjeska@mccaff eryinc.com