under construction – summer 2015 delivery ground...

John Cumbelich & Associates 1330 N. Broadway, Suite 200A Walnut Creek, CA 94596 www.cumbelich.com

John [email protected]

925.935.5400 x101CA DRE Lic #01006249

Joe [email protected]

925.935.5400 x124CA DRE Lic #01854159

FOR MORE INFORMATION

Ground Floor Café & Rooftop Restaurant Opportunities

on Walnut Creek´s Best Retail Corner

Join Neiman Marcus, Tiffany & Co. and Apple at the premier intersection of

Main St. and Mt. Diablo Blvd.

Under Construction – Summer 2015 Delivery

Teleferic

Vineyard Vines

ABOUT1500 Walnut Creek is designed to accom-

modate 4 tenants: corner retailer, ground

floor café / bar / restaurant, and two upper-

floor restaurants.

Both upper-floor restaurants will feature out-

door dining with stunning views of downtown

Walnut Creek and Mt. Diablo.

1500 Walnut Creek neighbors Neiman

Marcus, Tiffany & Co., Apple, Pottery Barn,

and an array of other world class retailers

located in and around Broadway Plaza.

PROJECT DESCRIPTION

John Cumbelich & Associates proudly presents 1500 Walnut Creek, a three level first-class retail devel-opment located in the heart of Downtown Walnut Creek.

Situated on the northwest corner of the premier retail intersection in the East Bay, Main Street and Mt. Diablo Boulevard, 1500 Walnut Creek neighbors Neiman Mar-cus, Tiffany & Co., Apple, Pottery Barn, and an array of other world class retailers located in and around Broad-way Plaza.

1500 Walnut Creek presents a unique opportunity for both a ground-floor cafe and rooftop restaurant to estab-lish a highly visible location with outstanding co-tenants, in one of the bay area’s best retail markets. Main St. & Mt. Diablo Blvd. (aka “The Corners”) is ground zero in Downtown Walnut Creek, linking Broadway Plaza and the surrounding power and lifestyle retail to the historic downtown’s retailers, restaurants and businesses. Three of the intersection’s four arteries are fed directly from freeway traffic leading straight to the site.

1500 MT. DIABLO BLVD. AT MAIN ST. WALNUT CREEK, CA 94596

GROUND FLOOR:

CORNER RETAIL: 3,353 SF

CAFÉ / BAR / RESTAURANT: 1,148 SF

SECOND FLOOR RESTAURANT: 4,955 SF

ROOFTOP RESTAURANT: 4,367 SF

1500 Walnut Creek will feature one of the most dramatic and attractive dining venues in Northern California.

1500 Walnut Creek will be one of the most dramatic and dynamic dining venues in the Bay Area, consisting of three distinctly different spaces on three levels:

1st Floor - 1,148 SF cafe / bar / restaurant with operable windows providing ground floor presence and signage on Mt. Diablo Blvd adjacent to Vineyard Vines.

2nd Floor - 4,955 SF Has been leased to a Barcelona-based Spanish tapas style restaurant.

Rooftop - 4,367 SF bar / restaurant. This space will offer panoramic views of downtown Walnut Creek and Mt. Diablo and will be the first of it’s kind in the Bay Area.

Ground floor entrance for 2nd floor and rooftop restaurant will be through dramatic living wall tower / lobby.

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CAFÉ1148 SF

RESTAURANT LOBBY/STAIR/ELEVATOR

426 SF

RETAIL3353 SF

TRASH ROOM431 SF

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The ground floor will feature a café space

directly across the street from Tiffany & Co.

and Va de Vi on Mt. Diablo Blvd. The subject

space offers a café / bar / restaurant user

the most uniquely located ground

floor opportunity downtown and will have

operable doors / windows across the front

of the space for an inviting street presence.

It benefits from heavy pedestrian traffic in

the center of downtown, in addition to

excellent vehicular visibility on Mt. Diablo

Blvd.

CAFÉ / BAR / RESTAURANT: 1,148 SF

SECOND FLOOR RESTAURANT

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OUTDOOR/COVERED952 SF

ENCLOSEDRESTAURANT

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LOBBY253 SF

RESTROOMS269 SF

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SECOND FLOOR PLAN

ENCLOSED SPACE 3504 SFOUTDOOR/COVERED SPACE 952 SF

4456 SFCOMMON AREALOBBY 253 SFRESTROOMS 269 SF

522 SF

TOTAL 4978 SFSecond floor restaurant will feature an out-

door dining patio covered with a living roof,

operable windows and stunning views of

Downtown Walnut Creek and Mt. Diablo.

The ground floor lobby / entrance and el-

evator/stair will be located within a the first

living green wall of its kind in the East Bay.

This living wall will be an iconic and eye-

catching feature.

SECOND FLOOR RESTAURANT: 4,456 SF

OUTDOOR / COVERED: 952 SF

ENCLOSED: 3,504 SF

ROOFTOP RESTAURANT

ROOFTOP RESTAURANT: 4,183 SF

MAIN OUTDOOR COVERED: 3,135 SF

OPEN AIR ROOFTOP: 738 SF

CATWALK: 310 SF

The 1500 Walut Creek rooftop restaurant

has been designed to take advantage of

Walnut Creek’s mild weather and boasts

panoramic views of downtown Walnut

Creek and Mt. Diablo and will be the first

of its kind in the Bay Area. Access to the

rooftop restaurant will be through dra-

matic living wall tower / lobby.

DN

DN

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RESTROOMS145 SF

STAIR #2

GREEN ROOF BELOWCATWALK

310 SF

KITCHEN/BACK OF HOUSE

586 SF

MAIN OUTDOORCOVERED ROOFTOP

1732 SF

OPEN AIR ROOFTOP325 SF

OPEN AIR ROOFTOP413 SF

COVERED TOWER400 SF

LOBBY/HOST STAND232 SF

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ROOF DECK FLOOR PLAN

KITCHEN/BACK OF HOUSE 586 SFMAIN OUTDOOR COVERED ROOFTOP 1732 SFCOVERED TOWER 400 SFOPEN-AIR CATWALK 310 SFOPEN-AIR ROOFTOP 738 SFTOTAL ROOFTOP RESTAURANT AREA 3766 SF

COMMON AREARESTROOMS 145 SFLOBBY/HOST STAND 232 SFTOTAL COMMON AREA 377 SF

TOTAL ROOF DECK 4143 SF

Both upper level restaurants will feature

an outdoor, rooftop dining component

with stunning views of downtown and

Mt. Diablo. These will include covered

areas that will provide for year-round use

since side enclosures can be added for

all-weather protection.

ROOFTOP RESTAURANT

AERIAL

SITE

PERSPECTIVE AERIAL

N M

AIN

STREET

MT DIABLO BLVD

S M

AIN

ST

RE

ET

SITE

LOC

US

T S

T

RE

STOR

ATIO

N

HAR

DW

ARE

OLYMPIC BLVD

TALBOTS

Tomatina

La Fogata

Brandy♥

Melville

BROADWAY PLAZANeiman Marcus

NordstromMacy’s

Davidson & LichtSpitz Jewelers

STREET VIEW FROM SITE

View from subject property of adjacent retail and Neiman Marcus

SITE RENDERING LOOKING NORTH

Composite view of site looking North

SITE RENDERING LOOKING WEST

Composite view of site looking West

TRADE AREA

The downtown Walnut Creek retail market

is the premiere shopping destination in

the East Bay. It captures the combined

influences of a populous and affluent

region, premier retailer and restaurant

destinations, strong retail growth, and a

unique and inviting streetscape that enjoys

a mild year-round climate.

DEMOGRAPHICS: 1-mile 3-mile 5-mileTotal Population 16,753 96,359 200,199Daytime Population 30,789 73,438 105,072Median HH Income $77,114 $93,241 $97,382No. of Households 8,158 43,846 82,163

Applied Geographic Solutions 11/20/13

TRAFFIC COUNTS:Main St @ Mt. Diablo Blvd — 27,900 ADT Mt. Diablo Blvd @ Main St— 46,500 ADT

Source: City of Walnut Creek 2010

NEW MULTI-FAMILY DEVELOPMENT PROJECTS

B

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WC_Multi_family_dev.ai

The Paragon Apartments (BRIO)141 N Civic Dr, 300 apartments

N Main Apartments1960 N Main St, 126 apartments

The Village1500 Newell Ave, 49 condominiums

Almond Station1960 & 1972 Almond Ave, 9 detached condominiums

A

B

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There are an unprecedented number of planned multi-family development projects in and around downtown Walnut Creek totaling almost 2,000 units.

These projects will have a signifi-cant impact on the area due to the number of residents they will house, many of them young professionals who will be regular shoppers and diners in downtown Walnut Creek.

UNDER CONSTRUCTION - 484 UNITS

APPROVED - 932 UNITS

UNDER REVIEW - 490 UNITS

Centre Place South1271 S California Blvd, 24 condominiums

The Landing207 – 235 Ygnacio Valley Rd, 141 apartments

Saranap VillageBoulevard Way, 325 condominiums, Apartments

Walnut Creek BART Transit Village200 Ygnacio Valley Rd, 596 apartments

The Arroyo Apartments1250 Arroyo Way, 100 apartments

Bonanza Heritage Condominiums1874 & 1882 Bonanza St, 15 condominiums

Villagewalk Condos1725 – 1727 Lacassie Ave, 13 condominiums

Cole Terrace1756 Cole Ave, 12 condominiums

Parkview Condos1665 Carmel Dr, 8 condominiums

E’lan (Riviera Homes)1605 Riviera Ave, 48 condominiums

1500 N California1500 N California Blvd, 140 apartments

Planned Multi-Family Developments in Downtown Walnut Creek

John Cumbelich & Associates 1330 N. Broadway, Suite 200A Walnut Creek, CA 94596 www.cumbelich.com

John [email protected]

925.935.5400 x101CA DRE Lic #01006249

Joe [email protected]

925.935.5400 x124CA DRE Lic #01854159

FOR MORE INFORMATION

Rooftop dining with stunning views!

Demographic Source: Applied Geographic Solutions 11/2013, TIGER Geography page 1 of 3©2014, Sites USA, Chandler, Arizona, 480-491-1112

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FULL PROFILE2000-2010 Census, 2013 Estimates with 2018 Projections

Calculated using Proportional Block Groups

Lat/Lon: 37.8974/-122.0602RF1

1500 Mt Diablo Blvd1 mi radius 3 mi radius 5 mi radius

Walnut Creek, CA 94596

PO

PU

LA

TIO

N

2013 Estimated Population 16,753 96,359 200,199

2018 Projected Population 17,241 99,140 205,970

2010 Census Population 16,332 93,900 195,156

2000 Census Population 15,888 92,567 192,844

Projected Annual Growth 2013 to 2018 0.6% 0.6% 0.6%

Historical Annual Growth 2000 to 2013 0.4% 0.3% 0.3%

HO

US

EH

OL

DS

2013 Estimated Households 8,158 43,846 82,163

2018 Projected Households 8,462 45,477 85,215

2010 Census Households 7,986 42,921 80,430

2000 Census Households 7,778 42,155 79,505

Projected Annual Growth 2013 to 2018 0.7% 0.7% 0.7%

Historical Annual Growth 2000 to 2013 0.4% 0.3% 0.3%

AG

E

2013 Est. Population Under 10 Years 9.1% 9.4% 10.6%

2013 Est. Population 10 to 19 Years 9.4% 10.0% 11.7%





2013 Est. Population 75 Years or Over 7.7% 12.8% 10.0%

2013 Est. Median Age 38.3 45.4 43.2

MA

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2013 Est. Male Population 49.1% 47.2% 48.2%

2013 Est. Female Population 50.9% 52.8% 51.8%

2013 Est. Never Married 39.4% 28.2% 28.7%

2013 Est. Now Married 36.9% 48.0% 50.1%

2013 Est. Separated or Divorced 19.0% 15.3% 14.2%

2013 Est. Widowed 4.8% 8.6% 7.1%

INC

OM

E

2013 Est. HH Income $200,000 or More 10.1% 15.9% 17.1%

2013 Est. HH Income $150,000 to $199,999 10.3% 11.5% 11.5%

2013 Est. HH Income $100,000 to $149,999 14.9% 16.7% 16.3%

2013 Est. HH Income $75,000 to $99,999 14.3% 11.0% 10.5%

2013 Est. HH Income $50,000 to $74,999 15.7% 15.8% 15.1%

2013 Est. HH Income $35,000 to $49,999 13.8% 10.8% 10.5%

2013 Est. HH Income $25,000 to $34,999 8.9% 6.6% 6.8%

2013 Est. HH Income $15,000 to $24,999 5.0% 6.0% 6.1%

2013 Est. HH Income Under $15,000 7.1% 5.7% 6.0%

2013 Est. Average Household Income $92,411 $115,919 $120,163

2013 Est. Median Household Income $77,114 $93,241 $97,382

2013 Est. Per Capita Income $45,099 $52,858 $49,427

2013 Est. Total Businesses 3,475 7,747 12,302

2013 Est. Total Employees 30,789 73,438 105,072


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Lat/Lon: 37.8974/-122.0602RF1



RA

CE

2013 Est. White 76.8% 79.7% 75.9%

2013 Est. Black 2.4% 1.6% 2.0%

2013 Est. Asian or Pacific Islander 11.3% 11.6% 11.5%

2013 Est. American Indian or Alaska Native 0.2% 0.3% 0.4%

2013 Est. Other Races 9.3% 6.8% 10.3%

HIS

PA

NIC

2013 Est. Hispanic Population 2,169 8,648 30,758

2013 Est. Hispanic Population 12.9% 9.0% 15.4%

2018 Proj. Hispanic Population 13.5% 9.4% 16.1%

2010 Hispanic Population 12.6% 8.7% 15.0%

ED

UC

AT

ION

(Ad

ults

25

or

Old

er)

2013 Est. Adult Population (25 Years or Over) 12,327 71,767 142,893

2013 Est. Elementary (Grade Level 0 to 8) 3.0% 1.7% 3.4%

2013 Est. Some High School (Grade Level 9 to 11) 2.0% 2.0% 3.0%

2013 Est. High School Graduate 12.6% 11.2% 13.1%

2013 Est. Some College 17.9% 19.1% 19.3%

2013 Est. Associate Degree Only 5.3% 6.5% 6.7%

2013 Est. Bachelor Degree Only 36.3% 35.5% 32.7%

2013 Est. Graduate Degree 22.9% 23.9% 21.7%

HO

US

ING

2013 Est. Total Housing Units 8,726 45,989 85,621

2013 Est. Owner-Occupied 37.9% 62.1% 64.5%

2013 Est. Renter-Occupied 55.6% 33.2% 31.4%

2013 Est. Vacant Housing 6.5% 4.7% 4.0%

HO

ME

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UIL

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EA

R 2010 Homes Built 2005 or later 4.1% 3.2% 2.9%

2010 Homes Built 2000 to 2004 3.9% 3.9% 3.9%

2010 Homes Built 1990 to 1999 6.0% 7.5% 7.3%

2010 Homes Built 1980 to 1989 13.5% 14.3% 15.3%

2010 Homes Built 1970 to 1979 24.4% 23.5% 23.2%

2010 Homes Built 1960 to 1969 17.7% 20.0% 20.3%

2010 Homes Built 1950 to 1959 17.5% 16.8% 16.9%

2010 Homes Built Before 1949 12.9% 10.7% 10.1%

HO

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2010 Home Value $1,000,000 or More 10.1% 12.0% 13.5%

2010 Home Value $500,000 to $999,999 33.7% 34.0% 33.9%

2010 Home Value $400,000 to $499,999 10.8% 9.6% 9.8%

2010 Home Value $300,000 to $399,999 15.5% 13.3% 12.5%

2010 Home Value $200,000 to $299,999 15.2% 13.9% 13.1%

2010 Home Value $150,000 to $199,999 5.9% 6.7% 6.2%

2010 Home Value $100,000 to $149,999 3.6% 5.0% 4.8%

2010 Home Value $50,000 to $99,999 2.6% 3.1% 3.2%

2010 Home Value $25,000 to $49,999 1.1% 1.1% 1.5%

2010 Home Value Under $25,000 1.4% 1.3% 1.4%

2010 Median Home Value $479,585 $504,851 $519,167

2010 Median Rent $1,247 $1,366 $1,342


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2013 Est. Labor Population Age 16 Years or Over 14,092 79,820 161,675

2013 Est. Civilian Employed 66.5% 60.3% 60.4%

2013 Est. Civilian Unemployed 3.5% 3.6% 4.1%

2013 Est. in Armed Forces - - -

2013 Est. not in Labor Force 30.0% 36.1% 35.6%

2013 Labor Force Males 48.7% 46.5% 47.7%

2013 Labor Force Females 51.3% 53.5% 52.3%

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2010 Occupation: Population Age 16 Years or Over 9,061 45,024 92,546

2010 Mgmt, Business, & Financial Operations 20.7% 24.1% 22.6%

2010 Professional, Related 29.0% 30.7% 27.3%

2010 Service 18.8% 13.2% 15.2%

2010 Sales, Office 22.0% 23.2% 23.8%

2010 Farming, Fishing, Forestry 0.3% 0.3% 0.3%

2010 Construction, Extraction, Maintenance 4.8% 4.1% 5.2%

2010 Production, Transport, Material Moving 4.5% 4.3% 5.5%

2010 White Collar Workers 71.6% 78.1% 73.8%

2010 Blue Collar Workers 28.4% 21.9% 26.2%

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2010 Drive to Work Alone 63.5% 67.5% 67.8%

2010 Drive to Work in Carpool 6.7% 7.4% 8.8%

2010 Travel to Work by Public Transportation 12.6% 12.6% 11.4%

2010 Drive to Work on Motorcycle 0.7% 0.3% 0.3%

2010 Walk or Bicycle to Work 9.2% 3.9% 3.8%

2010 Other Means 0.4% 0.6% 0.8%

2010 Work at Home 6.8% 7.6% 7.2%

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E 2010 Travel to Work in 14 Minutes or Less 29.3% 28.1% 26.2%

2010 Travel to Work in 15 to 29 Minutes 30.3% 30.6% 31.2%

2010 Travel to Work in 30 to 59 Minutes 29.9% 29.1% 30.5%

2010 Travel to Work in 60 Minutes or More 10.5% 12.2% 12.2%

2010 Average Travel Time to Work 22.4 23.4 24.0

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2013 Est. Total Household Expenditure $542 M $3.42 B $6.56 B

2013 Est. Apparel $26.3 M $166 M $320 M

2013 Est. Contributions, Gifts $39.6 M $265 M $513 M

2013 Est. Education, Reading $17.0 M $111 M $216 M

2013 Est. Entertainment $30.5 M $194 M $373 M

2013 Est. Food, Beverages, Tobacco $83.2 M $514 M $984 M

2013 Est. Furnishings, Equipment $24.7 M $157 M $302 M

2013 Est. Health Care, Insurance $37.5 M $233 M $445 M

2013 Est. Household Operations, Shelter, Utilities $163 M $1.03 B $1.97 B

2013 Est. Miscellaneous Expenses $8.80 M $54.3 M $103 M

2013 Est. Personal Care $7.79 M $48.5 M $93.0 M

2013 Est. Transportation $104 M $646 M $1.24 B

under construction – summer 2015 delivery ground...

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