berkeley way west berkeley way &...
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BERKELEY WAY WEST BERKELEY WAY & SHATTUCK AVENUE
AJ SCHRADER 415.829.4802 [email protected] CALBRE 01733584MATT HOLMES 415.292.2680 [email protected] CALBRE 01117082 retailwest
• Unmatched location connecting downtown and iconic Gourmet Ghetto, just one block from Cal’s campus
• Restaurant and retail space available with dynamic storefront design and statement ceilings heights
• Located below 300,000 SF of class A office and UC Berkeley classrooms & faculty offices
• Developed by UC Berkeley
BERKELEY’S NEWEST DOWNTOWN RETAIL OPPORTUNITY
Restaurant: • Dramatic 22’ ceiling heights• Ample outdoor patio space wrapping corner• Restaurant utility infrastructure including type I vent shaft, ample power/gas, grease interceptor, HVACRetail:• Corner identity across from Sweetgreen and Triple Rock. • Limited column spacing and 18’ ceilings• Ideal for fitness, retail, personal service• Divisible to approx 2,000 SF.
DELIVERY SPRIN
G / SUMMER 2018
PROJECT RENDERING
BERKELEY RESTAURANT HISTORY• Gourmet Ghetto: Starting in 1966 with Alfred Peet’s
local coffee shop on Vine & Walnut Berkeley, and specifically the “Gourmet Ghetto” is thought to be the birthplace of California cuisine, pioneering the specialty craft coffee house, and the farm-to-table local food movement.
• Alice Waters’ Chez Panisse opened in 1971 focusing on top quality ingredients, sourced from partnerships with local farmers, ranchers and dairies. The restaurant has fostered the education and growth of countless talented chefs and entrepreneurs who have branched out to open notable Bay Area eateries including Charlie Hallowell (Pizzaiolo), Gayle Pirie (Foreign Cinema), Paul Bertolli (Oliveto), Steve Sullivan (Acme Bread Co), Joanne Weir (Copita) Alison Barakat (Bakesale Betty’s), just to name a few.
• The Gourmet Ghetto grew to include popular staple eateries including The Cheese Board, Saul’s Deli, as well as more recent additions Philz Coffee, The Local Butcher, etc.
• Berkeley’s restaurant scene in the downtown core has seen tremendous recent growth with nationally recognized brands Eureka!, Sweetgreen, Tender Greens, Ippudo, Blue Bottle, etc. joining artisan and locally crafted concepts including Comal, Gather, FIVE restaurant and bar, Berkeley Social Club, Jupiter, Agrodolce, Babette, The Butcher’s Son, etc.
“Visit Berkeley. Come for the culture, stay for the food”
SURROUNDING RESTAURANTSNOW OPENOPENING SOON
Downtown Berkeley’s retail core thrives with an eclectic mix of families and local residents, CAL students and faculty, a dense downtown office base, and the busiest public transit stop (BART) outside of downtown San Francisco.
EXPLOSIVE RESIDENTIAL GROWTH
THE RESIDENCES AT BERKELEY - 335 RESIDENTIAL UNITS- 12,000 SF RETAIL- TIMING TBD
ACHESON COMMONS- 205 RESIDENTIAL UNITS- 35,000 SF RETAIL- OPENING 2019
BERKELEY CENTRAL- 143 RESIDENTIAL UNITS- OPENED 2013
STONEFIRE- 102 RESIDENTIAL UNITS- 8,700 SF RETAIL- OPENING 2017
1931 ADDISON- 69 RESIDENTIAL UNITS- 7,100 SF RETAIL- OPENED 2016
THE DURANT- 79 RESIDENTIAL UNITS- OPENED 2016
ST MARKS- 44 RESIDENTIAL UNITS- STUDENT DORM- OPENED 2014
2107 DWIGHT- 99 RESIDENTIAL UNITS- 5,607 SF RETAIL- OPENED 2017
GARDEN VILLAGE- 77 RESIDENTIAL UNITS- OPENED 2016
2129 SHATTUCK - 334 HOTEL ROOMS- 12,000 SF RETAIL- OPENING 2020
L’ARGENT- 78 CONDOMINIUM UNITS- 9,941 SF RETAIL- TIMING TBD
OVERTURE- 44 RESIDENTIAL UNITS- 4,500 SF RETAIL- OPENED 2016
SHATTUCKTERRACE GREEN- 274 UNITS- 12,000 SF RETAIL- OPENING 2020
Already a vibrant urban core with high levels of foot traffic, Downtown Berkeley is experiencing a boom in public and private real estate development.Buoyed by a new Downtown Plan allowing for buildings as tall as eighteen stories as well as a supportive political regime, developers are proceeding with projects that will contain 1,100 residential units and 71,000 square feet of retail space. Downtown Berkeley has nearly doubled in population since 2000 and now counts some 3,000 residents in the 30 block district. The number of residents will double again to 5,000 with the 1,100 new housing units slated for completion by 2018. The recent development boom is long overdue, and will satisfy the demand for new residential opportunities. It will also thrive with the overflow of San Francisco, due to its lack of affordable housing options.
SURROUNDING PARKING
Downtown Berkeley has 5,630 parking spaces, 2,554 of them in off-street lots and garages.
Garage/Lot Number of Spaces
Allston Way Garage 610
Bank of America Lot 37
Berkeley Way Lot 113
Center Street Garage* 720
Kittredge Garage(Library Gardens) 247
Milvia StreetSurface Lot 23
Oxford Garage 99
Promenade Garage 150
UC Garages & Lots** 1,077
On-street Parking 2,554
TOTAL 5,630*
*Under construction and expansion. Completion - August 2017
**Combined total for all UC-owned parking facilities in Downtown Berkeley, with primarily evening and weekend public access.
ARTS DISTRICT
Once filled with auto-body shops, the Downtown Berkeley Arts District is today a National model of arts-led downtown revitalization.
Anchored by a renowned theatre, a fabled live-music venue as well as an art-house multiplex, the Arts District brings over two million people per year to Downtown Berkeley, to dine at its restaurants, drink in its wine bars and browse its shops.
Venue Patrons / year
BerkeleyRepertory Theatre 250,000
Freight & Salvage 90,000
Aurora Theatre 30,000 Jazz School 7,000
Movie Theaters 683,000
Central Library 685,000
Berkeley Art Museum / 200,000Pacific Film Archive
UC Theater 120,000
TOTAL 2.07 million
DEMOGRAPHICS
AJ SCHRADER 415.829.4802 [email protected] CALBRE 01733584MATT HOLMES 415.292.2680 [email protected] CALBRE 01117082 retailwest