THE OPPORTUNITY
THE PLAN
THE PARK
RESTAURANT WITH A VIEW
GRAND AVENUE
12TH & MARGO
DOWNTOWN
DTLA RESIDENTS TODAY
THE SOUTH PARK NEIGHBORHOOD
AVEN BY THE NUMBERS
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SOARING PROSPECTS
T H E O P P O R T U N I T YA V E N
With South Park quickly becoming the residential hub of Downtown, it’s only fitting to have a retail cluster that offers the neighborhood’s residents a diverse and dynamic retail experience necessary to meet their demanding lifestyle needs.
We are seeking tenants to activate Grand Avenue and Margo Street along 12th Street and to create a dynamic restaurant concept facing AVEN’s brand new public park, the first of its kind in South Park. With potential uses such as all-day food and beverage, fitness, convenience stores and pharmacies, AVEN and all South Park residents can conveniently experience everything from a great coffee spot to an urban market with grab-and-go availability.
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Developed by Mack Real Estate Development and AECOM Capital, AVEN is the latest downtown LA high-rise development in South Park. The electrifying buzz of the city runs through AVEN at the center of a flourishing community; alive with cutting-edge eateries, world-class musicians, pioneering fashion, and talented artists.
With a clear view of the beaming Hollywood sign, at AVEN you know you live above it all.
Designed with the same Thoughtful Living™ approach that the Mack Real Estate delivers to each development and project, AVEN’s retail spaces were crafted with consideration for our future tenants’ needs, already including grease interceptors, power supply, and parking.
ELEVATED LIVING
GRAND AVENUE
RESTAURANT
PATIO
MARGO ST
12TH
STR
EET
RETAIL PARKING 13 SPACES
PROMINENT SIGNAGE ALONG 12TH ST.
+/- 20 FT FLOOR-CEILING HEIGHTS
200A POWER SERVICE AVAILABLE WATER
SERVICE AVAILABLE
THE PLAN
3112ft2
1214ft2
RETAIL 02
1814ft2
RETAIL 02
PATI
O
PROMINENT SIGNAGE OPPORTUNITIES FROM THE PARK & GRAND AVENUE
FLOOR TO CEILING STOREFRONT GLASS
FRONT & REAR PICK-UP / DROP-OFF AREAS
+/- 20 FT FLOOR-CEILING HEIGHT
GREASE INTERCEPTOR AVAILABLE
600A POWER SERVICE AVAILABLE
GAS & WATER SERVICE AVAILABLE
OUTDOOR DINING PATIO WITH PARK VIEWS
ADDITIONAL BASEMENT RETAIL SPACE AVAILABLE
A RETAIL DRIVEWAY ENTRANCEB RETAIL TRASH DISPOSALC PICK UP / DROP OFFD PICK UP / DROP OFF
REST
AURA
NT
RETAIL 1A
SOUTH PARK PHARMACY & MARKETPLACE
RETAIL 1B
ORANGE THEORY FITNESS
AVEN
PAS
EO &
PA
RK
All retail spaces are build-out ready retail with special attention to mechanical venting, power needs, grease interceptor access, signage opportunities, and more.
Optimized for user experience, AVEN delivers its retail partners a picturesque setting for their customers to enjoy themselves. With lush landscaping and canopy overhangs along Grand Ave and 12th St., connectivity to our public park, expansive storefronts with high ceilings, and additional sidewalk seating, the retail spaces are designed to attract and engage repeat neighborhood customers.
T H E O P P O R T U N I T YA V E N
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With the introduction of AVEN’s brand new public park, we have created a lifestyle center in the middle of the neighborhood experiencing the largest residential boom in all of Los Angeles. Complete with a dynamic indoor/outdoor restaurant space facing into the park and with over 9,000 SF of additional adjacent retail, AVEN is singlehandedly transforming the streetscape of South Park.
The park-side restaurant space is the perfect location for a restauranteur looking for a unique and picturesque setting in Downtown LA. It is easy to imagine how this space can be activated with an indoor bar and communal dining tables, while customers enjoy outdoor patio seating along the curated public park. With music playing, trees swaying, glasses cheering, and friends laughing, patrons can sample your delicious cuisine under the twinkling lights illuminating your private patio and the first park in South Park. This one-of-a-kind restaurant space in Downtown Los Angeles will be supported by 1,000+ new residents at AVEN, along with 65,000 local DTLA residents, providing unlimited opportunities for customer engagement and integration.
THE FIRST PARK IN SOUTH PARK
PARK-SIDE RESTAURANT OPPORTUNITY
A LIFESTYLE CENTER FOR THE NEIGHBORHOOD
T H E O P P O R T U N I T YA V E N
98
RESTAURANT WITH A VIEW
PROMINENT SIGNAGE OPPORTUNITIES FROM AVEN PARK & GRAND AVENUE
FLOOR TO CEILING STOREFRONT GLASS
FRONT & REAR PICK-UP/ DROP-OFF AREAS
± 20 FT FLOOR- CEILING HEIGHT
OUTDOOR DINING PATIO WITH PARK VIEWS
GREASE INTERCEPTOR AVAILABLE
600A POWER SERVICE AVAILABLE
GAS & WATER SERVICE AVAILABLE
ADDITIONAL BASEMENT RETAIL SPACE AVAILABLE
T H E R E S T A U R A N TA V E N
1 11 0
With the addition of 20,000+ new residents and 6,000+ hotel rooms by 2022, South Park is about to get a major influx of residents and tourists. This retail location on Grand Avenue is in the center of South Park, located just two blocks away from LA LIVE & the LA Convention Center.
Numerous retail configurations are possible with signage and expansive canopies along Grand Avenue and 12th Street, with lush landscaping and trees along the sidewalk.
This is the perfect location for a specialty fitness operator, beauty bar, urban market, or specialty artistic dessert tenant.
A LUSH LOCATION
GRAND
AVENUE
PROMINENT SIGNAGE OPPORTUNITIES FROM THE PARK & GRAND AVENUE
FLOOR TO CEILING STOREFRONT GLASS
FRONT & REAR PICK-UP/ DROP-OFF AREAS
±20 FT FLOOR-CEILING HEIGHT
OUTDOOR DINING PATIO WITH PARK VIEWS
GREASE INTERCEPTOR AVAILABLE
600A POWER SERVICE AVAILABLE
GAS & WATER SERVICE AVAILABLE
T H E R E T A I LA V E N
1 31 2
MARGO
12TH ST
PROMINENT SIGNAGE ALONG 12TH ST.
±20 FT FLOOR TO CEILING HEIGHT
200A POWER SERVICE AVAILABLE
GAS & WATER SERVICE AVAILABLE
Located at Margo and 12th Streets, this retail space is perfect for a fitness, urban market, or food and beverage tenant.
This retail space is just a 5 minute walk to the South Park Center building (home of Fox Sports, USC, United Way, Steelcase, and others) and will be prominently located next to the ground-floor plaza of a proposed 243 room hotel at 12th and Olive Street.
PERFECT PROMINENCE
T H E R E T A I LA V E N
1 51 4
DOWN
TOW
N
By 2022, the residential population in South Park is expected to triple from 9,800 to 29,000, making now the perfect time to make your business a favorite in the neighborhood.
By 2022, approximately 22,000 residents, or nearly a third of DTLA’s projected population will be within walking distance from AVEN.
By 2022, there will be approximately 11,800 hotel rooms in DTLA, 70% of which will also be within walking distance of AVEN. Boutique hotels opening in South Park include: The Hoxton, The Proper, and Morrison Hotel.
1120 GRAND AVE / LOS ANGELES / CA / 90015
THE HEARTBEAT OF THE CITY
T H E L O C A T I O NA V E N
1 71 6
1,000 +NEW RESIDENTSAT AVEN
20,000 +NEW RESIDENTSIN SOUTH PARK BY 2022
GRAND AVENUE17,090 ADT
12TH STREET2,713 ADT
DOWNTOWN LA FINALLY OFFERS THE TRUE URBAN LIFESTYLE CONSUMERS HAVE ALWAYS CRAVED.
CONVENIENT ACCESS TO TRANSIT - 4 METRO RAIL LINES, HUNDREDS OF BUS ROUTES, & METRO BIKES.
NEW RESTAURANTS, BARS, RETAIL, AND FITNESS CONCEPTS
ACTIVE EVENTS CALENDAR - CONCERTS, DINE L.A., SMORGASBURG, & MORE
NEW RESIDENTIAL OPTIONS
ADDED GREEN SPACE & PARKLETS
STREET CLEAN UP
REVITALIZING DOWNTOWN AS A JOBS HUB
T H E L O C A T I O NA V E N
65,000RE
SID
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IN
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$
DTLA RESIDENTS TODAY
T H E L O C A T I O NA V E N
2 32 2
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COFFEE SHOPS
1. Andante Coffee
2. Biergarten
3. Coffee Bean & Tea Leaf
4. Cognoscenti Coffee
5. Il Caffe
6. Impresso Cafe
7. Juice Crafters
8. Kelly’s Coffee & Fudge Factory
9. Los Angeles Brewing Company
10. Moon Juice
11. Philz Coffee
12. Starbucks
13. The Classic Coffee
14. Verve Coffee
RESTAURANTS
15. 1810
16. Arashi Sushi
17. Barcito
18. Big Wang’s
19. Bottega Louie
20. Broken Spanish
21. Bronzed Aussie
22. Casa La Dona
23. Casa Nostra
24. City Tavern
25. Clifton’s Cafeteria
26. Colori Kitchen
27. D’elish Sandwich Shop
28. D-Town Burger Bar
29. Faith + Flower
30. Fleming’s
31. Hygge Bakery
32. Katsuya
33. LA Chapter
34. Local Table
35. LudoBites 10.0
36. Market Cafe
37. Mitaki
38. Morton’s
39. New Moon Restaurant
40. Om Nom Organics
41. Palm Restaurant
42. Panini Cafe
43. Peking Tavern
44. Pellicola Pizzeria
45. Preux & Proper
46. Shake Shack
47. Shekarchi Restaurant
48. Slanted Door
49. Stocking Frame
50. Sugarfish
51. Sweetgreen
52. Syrup Desserts
53. Terroni
54. The Briks
55. The Hummus Republic
56. The Panini Shop
57. The Pantry
58. Tom’s Urban
59. Two Boots Pizza
60. Umami Burger
61. Wood Spoon
62. WP24
63. Yojie Japanese
RETAIL
64. 10 Eleven
65. A.P.C.
66. Acne Studios
67. Aesop
68. AltHouse
69. American Love Affair
70. Angelo: Home Store
71. Austere
72. BNKR
73. BOLD Room
74. California Market Center
75. Daniel Patrick
76. ESP
77. Fig at 7th
78. Freehand
79. Hatch
80. Jessica Lousie
81. Macy’s
82. MTM Watches
83. Nicholas Bowes Clothing
84. OAK NYC
85. Ross Dress for Less
86. Skingraft
87. Sports Chalet
88. Tanner Goods
89. Target
90. The Bloc
91. The Gap
92. The Well (salon)
93. Twelve Street
94. Urban Outfitters
95. Vertigo Boutique
ENTERTAINMENT
96. Belasco Theater
97. Chateau Shatto
98. Globe Theatre
99. Grammy Museum
100. HNYPT
101. LA Convention Center
102. LA Live
103. Los Angeles Theatre
104. Lucky Strike
105. Microsoft Theatre
106. Orpheum Theatre
107. Penthouse Tower Suites AT&T Center
108. PYO Gallery
109. Staples Center
110. The Mayan
111. Tower Theatre
112. United Artists Theatre at Ace Hotel
113. Watermarke Tower
HOTELS
114. Ace Hotel
115. Courtyard by Marriott
116. Hotel Figueroa
117. JW Marriot
118. Proper Hotel
119. Residence Inn
120. Sheraton
121. The Ritz-Carlton
GYMS
122. Club Pilates
123. Cross Fit 213
124. Pilates Plus
125. Pure Barre
126. SoulCycle
127. SpeedPlay
128. YAS
RESIDENTIAL
129. 1000 S. Grand
130. 1001 S. Olive
131. 1020 Figueroa
132. 11th & Hill
133. 11th & Main
134. 1150 Grand
135. 1148 S. Broadway
136. 1200 Figueroa
137. 8th & Grand
138. 8th & Spring
139. 801 S. Olive
140. 820 S. Olive
141. 920 S. Hill
142. Alexan South Broadway
143. Broadway Palace
144. Broadway Trade Center
145. Flower Street Lofts
146. Forest City
147. Future Development
148. G12
149. Hanover Olympic
150. Hoxton Hotel
151. Jade Creative Office
152. Level
153. Mack Urban
154. Metropolis
155. Oceanwide Plaza
156. Olympic & Broadway
157. Onyx
158. Proper Hotel
159. Ten50
EDUCATION
160. USC
161. FIDM
BARS
162. Broadway Bar
163. BottleRock
164. Cana Rum Bar
165. Crane’s Downtown Bar
166. Golden Gopher
167. Mikkeller Bar
168. Pattern Bar
169. Riordan’s Tavern
GROCERY STORE
170. Ralph’s
171. Whole Foods
A V E N
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AVEN BY THE NUMBERS
THE SOUTH PARKNEIGHBORHOOD
1120 GRAND AVE / LOS ANGELES / CA / 90015
Senior Vice PresidentLic. 01029938
Direct Line: +1 213 613 3334Mobile: +1 626 676 7003 Email: [email protected]
DERRICK MOOREClient ServicesLic. 01925589
Direct Line: +1 213 613 3178 Mobile: +1 714 598 8815 Email: [email protected]
AMIT PAREKH
CBRE | Retail Services 400 S. Hope St. Suite 2500Los Angeles, CA 90071 US
© 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.
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