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900 N BROADWAY, CHINATOWN, LOS ANGELES, CA...site is located directly North of the Metro Gold Line...

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JLL 1 900 N BROADWAY, CHINATOWN, LOS ANGELES, CA
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Page 1: 900 N BROADWAY, CHINATOWN, LOS ANGELES, CA...site is located directly North of the Metro Gold Line Chinatown station. The $100m development will include over 237 apartments highlighted

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900 N BROADWAY, CHINATOWN, LOS ANGELES, CA

Page 2: 900 N BROADWAY, CHINATOWN, LOS ANGELES, CA...site is located directly North of the Metro Gold Line Chinatown station. The $100m development will include over 237 apartments highlighted

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Page 3: 900 N BROADWAY, CHINATOWN, LOS ANGELES, CA...site is located directly North of the Metro Gold Line Chinatown station. The $100m development will include over 237 apartments highlighted

Situated at the intersection of Broadway and College Street, the nearly two-acre development site is located directly North of the Metro Gold Line Chinatown station.

The $100m development will include over 237 apartments highlighted by a 17,000 SF pedestrian plaza which connects to the adjacent train station. The plaza will also feed directly into a pedestrian paseo between the two buildings, flanked by over 19,000 SF of ground floor commercial space. There are 175 subterranean commercial parking spaces available which are managed by DOT.

During the 1980’s a large number of retail was added along Broadway and transformed the area. Chinatown now represents one of the largest geographies in Downtown primed for revitalization and is a key intersection for the path of development in the region.

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BLOSSOMPLAZA

Page 4: 900 N BROADWAY, CHINATOWN, LOS ANGELES, CA...site is located directly North of the Metro Gold Line Chinatown station. The $100m development will include over 237 apartments highlighted

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A

B CD E

FGHI

1,792

2,0942,145

2,090

6423,090

3,717

1,842

1,980

A

B CD E

FGHI

SpacePlan

CUB Licensing8 Restaurants/Bars• 2 Lounges - 1 with live entertainment (Type 48)

• 3 Restaurants (Type 47)

• 1 Wine Bar (Type 42)

• 1 Alcohol Retail (Type 21)

• 1 Catering Service (Type 83)

*Spaces B, C, E, F and I have approx. 375 SF of exterior leasable area for seating in the plaza/paseo area

N. Broadw

ayCollege Street

Page 5: 900 N BROADWAY, CHINATOWN, LOS ANGELES, CA...site is located directly North of the Metro Gold Line Chinatown station. The $100m development will include over 237 apartments highlighted

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Existing Inventory: 24,680,901 s.f.

6.0%Vacancy Rate

Source: CoStar

DevelopmentPipeline 22,000+

Residential Units

5,000+Hotel Rooms

2 Million+

2.8 Million+Square Feet of Retail

Source: DCBID

Square Feetof Office Space

DTLA By The Numbers

5.84Square Miles

50,000+Residents

500,000+Workers

16,615 Market Rate Apartments

5,636Condominiums Before 1999:

2,426 Market Rate Apartments

829 Condominiums

DTLA RETAIL

ResidentialInventory

Page 6: 900 N BROADWAY, CHINATOWN, LOS ANGELES, CA...site is located directly North of the Metro Gold Line Chinatown station. The $100m development will include over 237 apartments highlighted

Chinatown Station

Restaurant/Market

Point of Interest

Residential

Developments

ChegoProposed 22-Story Development

College Station Development

Proposed Chinatown Lofts Development

Nick’s Cafe

Grand Star Jazz

General Lee’s Bar

Hop Louie’s

Daikokuya

Ocean Seafood RestaurantWon Kok Restaurant

Homeboy Bakery

Scoops

Eastside Market

Traxx Restaurant

Plum Tree Inn Restaurant

New Dragon Seafood Restaurant

Yang Chow Restaurant

Chinese Friends Restaurant

Gigo’s Cafe & Deli

Little Jewel of New OrleansPhilippe The Original

Pok Pok

Pho 87

Orsini Apartments

Jia ApartmentsThe Castelar Apartments

Skyline Terrace Apartments

Pacific Alliance Medical Center

Dodger Stadium

Charlie James Gallery

Cornfield Park

BP

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Page 7: 900 N BROADWAY, CHINATOWN, LOS ANGELES, CA...site is located directly North of the Metro Gold Line Chinatown station. The $100m development will include over 237 apartments highlighted

Planned as a tribute to the Chinese-American experience, “New Chinatown” was completed in 1938. Helped by its location at the north end of Downtown and near a hub of the city’s mass transit network, the neighborhood has managed, in spite of demographic change, to remain a destination for authentic regional Chinese cuisine and culture ever since.

In addition to its restaurants and shops, the district hosts a farmers market abundant with locally grown Asian produce, and a slate of popular community and cultural events throughout the year.

As the neighborhood’s Chinese population has declined in recent decades, shopping streets like Chung King Road have reinvented themselves to stay relevant. This atmospheric, 500-foot pedestrian alley has evolved into a sort of gallery row with lively events featuring performances, art, and music. More recent arrivals include College Station which will bring over 700 apartments to the neighborhood. Along with the growth and change, there remains a commitment to the district’s unique cultural flavor with new projects featuring colorful murals, mosaics, lanterns, and umbrellas.

Chinatown

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Page 8: 900 N BROADWAY, CHINATOWN, LOS ANGELES, CA...site is located directly North of the Metro Gold Line Chinatown station. The $100m development will include over 237 apartments highlighted

LORENA TOMB Vice PresidentLicense No. 01894475+1 213 239 6071 [email protected]

Although information has been obtained from sources deemed reliable, Owner, Jones Lang LaSalle, and/or their representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the Property without express or implied warranties of any kind. The Property may be withdrawn without notice. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement.

©2016. JLL. All rights reserved.

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CHINATOWN | LOS ANGELES


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