santa barbara - california€¦ · for chinese visitors, said kassie fraser, director of asia...

11
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. GPS Commercial Real Estate Services Inc. BROKER: PAMELA SCOTT | LICENSE #00705034 | [email protected] | 805.560.0040 | CELL - 805.617.3844 | 1129 State Street, Suite 3, Santa Barbara, CA 93101 New Retail Development Santa Barbara - California Pamela A. Scott Garden Street Marketplace A Retail Marketplace Opening In 2018

Upload: others

Post on 16-Jul-2020

0 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Santa Barbara - California€¦ · for Chinese visitors, said Kassie Fraser, director of Asia Pacific marketing of Visit California with Chinese under 35 rapidly becoming the dominant

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. GPS Commercial Real Estate Services Inc.

BROKER: PAMELA SCOTT | LICENSE #00705034 | [email protected] | 805.560.0040 | CELL - 805.617.3844 | 1129 State Street, Suite 3, Santa Barbara, CA 93101

N e w R e t a i l D e v e l o p m e n tSa n t a B a r b a r a - C a l i f o r n i a

Pamela A. Scott

G a r d e n S t r e e t M a r k e t p l a c e

A R e t a i l M a r k e t p l a c e O p e n i n g I n 2 0 1 8

Page 2: Santa Barbara - California€¦ · for Chinese visitors, said Kassie Fraser, director of Asia Pacific marketing of Visit California with Chinese under 35 rapidly becoming the dominant

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. GPS Commercial Real Estate Services Inc. BROKER: PAMELA SCOTT | LICENSE #00705034 | [email protected] | 805.560.0040 | CELL - 805.617.3844

Perfectly located within a

few blocks from the

popular Stearns Wharf,

Santa Barbara Harbor,

miles of beach, the ever

popular and expanding

funk zone, the wine trail,

State Street shops,

theaters and restaurants.

Garden Street Marketplace – Locat ion & Facts

The area is convenient to the beach front, the affluent population of Montecito, Summerland and Carpinteria to the south and east.

It also convenient for traffic from Highway 101 (the main freeway ramp to the beach and downtown). The site has freeway access

and visibility, pedestrian & vehicular traffic, affluent demographics, and will be in the El Pueblo Viejo/Monterey-style architecture.

Seeking a grocery anchor up to approx. 25,650 Sq. Ft.

Garden Street Marketplace Facts: This property boasts 33,300 square feet with 25,650 reserved for a grocer, and 7,650 square

feet for restaurant, retail and office space. Visibility from Highway 101 is excellent, and there is easy ingress and egress from

Highway 101 at the Garden St. interchange, the waterfront and downtown Santa Barbara. Beautiful Monterey style architecture

highlights the stunning design of this contemporary center. This truly is a retail statement in the city of Santa Barbara.

L o c a t i o n ! L o c a t i o n ! L o c a t i o n !

Page 3: Santa Barbara - California€¦ · for Chinese visitors, said Kassie Fraser, director of Asia Pacific marketing of Visit California with Chinese under 35 rapidly becoming the dominant

R e t a i l 3 3 , 3 0 0 s f P a r k i n g 1 4 2 S p a c e s

Garden Street Marketplace – Si t e P l a n

3

Page 4: Santa Barbara - California€¦ · for Chinese visitors, said Kassie Fraser, director of Asia Pacific marketing of Visit California with Chinese under 35 rapidly becoming the dominant

A r e a D e m o g r a p h i c s Santa Barbara's climate is often described

as Mediterranean, and the city has been promoted as the

"American Riviera". As of 2014, the city had an estimated

population of 91,196, up from 88,410 in 2010, making it

the second most populous city in the county after Santa

Maria while the contiguous urban area, which includes

the cities of Goleta and Carpinteria, along with the

unincorporated regions of Isla Vista, Montecito, Mission

Canyon, Hope Ranch, Summerland, and others, has an

approximate population of 220,000. The population of the

entire county in 2010 was 423,895. In addition to being a

popular tourist and resort destination, tourism brings

more than one and a half billion dollars per year into the

city economy. The city economy includes a large service

sector, education, technology, health care, finance,

agriculture, manufacturing, and local government. In

2004, the service sector accounted for fully 35% of local

employment. Education in particular is well represented,

with four institutions of higher learning on the south coast

(the University of California, Santa Barbara, Santa

Barbara City College, Westmont College, and Antioch

University). The Santa Barbara Airport serves the city, as

does Amtrak. U.S. Highway 101 connects the Santa

Barbara area with Los Angeles to the southeast and San

Francisco to the northwest.

Garden Street Marketplace Retail

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. GPS Commercial Real Estate Services Inc.

BROKER: PAMELA SCOTT | LICENSE #00705034 | [email protected] | 805.560.0040 | CELL - 805.617.3844

Page 5: Santa Barbara - California€¦ · for Chinese visitors, said Kassie Fraser, director of Asia Pacific marketing of Visit California with Chinese under 35 rapidly becoming the dominant

Tourism in Santa Barbara, CA

Cruise Ships In 2016, 29 cruise ships brought 80,831 passengers to S.B., contributing $3.9 million to the local economy, up 61% from 2013. Almost half of all passengers said they are likely to return within one to two years, including nearly 8% who are likely to return within 1 to 2 months

Leisure TravelersDr. Peter Yesawich, principal of industry insights at MMGY Global, Inc., 40% of U.S. leisure travelers surveyed said they were interested in visiting S.B., and of those, 43%

were millennials aged 18-34, versus 29% Gen Xers and 24% Boomers. Of generational groups, millennials outrank all other age groups in their interest in exploration, experiencing new cuisines, self-discovery, experiencing different cultures, pursuing wellness programs, and more, all of which he cited as potential draws to Santa Barbara.

Chinese Visitors The same is true for Chinese visitors, said Kassie Fraser, director of Asia Pacific marketing of Visit California with Chinese under 35 rapidly becoming the dominant force in China’s consumer market. More and more Chinese travelers are considered free, independent travelers (FITs), as opposed to tour group vacationers, with 41% of FITs aged 25-34. California is China’s top U.S. destination, with 1 million visitors spending $2.6 billion annually.

New Hotels In 2017, the annual hotel room supply is expected to grow by 4.5%, with the reopening of the Santa Barbara Inn and the 123-room La Entrada in July 2017.

Annual spending by travelers to the South Coast are supporting more than 12,000 jobs and generating more than $80 million in yearly tax revenues.

5

Page 6: Santa Barbara - California€¦ · for Chinese visitors, said Kassie Fraser, director of Asia Pacific marketing of Visit California with Chinese under 35 rapidly becoming the dominant

Garden Street Marketplace Retail 2018Location truly is everything!

Garden Street Market Place

H – Hotels

FH- Future Hotels

PM – Paseo Nuevo Mall

H

FH HH

PM

H

H

Garden Street Marketplace

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. GPS Commercial Real Estate Services Inc.

BROKER: PAMELA SCOTT | LICENSE #00705034 | [email protected] | 805.560.0040 | CELL - 805.617.3844

HHH

H

FH

H H

Pacific Ocean

Stearns Wharf

Downtown

SB City College

SB County Courthouse

Zoo

Funk Zone

6

HHH

Page 7: Santa Barbara - California€¦ · for Chinese visitors, said Kassie Fraser, director of Asia Pacific marketing of Visit California with Chinese under 35 rapidly becoming the dominant

Garden Street Marketplace Retail 2018

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal

without notice. GPS Commercial Real Estate Services Inc.

BROKER: PAMELA SCOTT | LICENSE #00705034 | [email protected] | 805.560.0040 | CELL - 805.617.38447

Garden Street Marketplace Aerial Site Location

101

Page 8: Santa Barbara - California€¦ · for Chinese visitors, said Kassie Fraser, director of Asia Pacific marketing of Visit California with Chinese under 35 rapidly becoming the dominant

Garden Street Marketplace & Santa Barbara Wine Trail

Garden Street Marketplace 2018

Simple math will quickly tell you that

with more than 20 tasting rooms from

which to choose, one day of wine

tasting in Santa Barbara is simply not

enough. The nearby famed Urban Wine

Trail stretches across two distinct

downtown neighborhoods, each

offering its own unique wine and dining,

so relax (this is a vacation after all), grab

some comfortable shoes and let your

palate lead the way for a few days of

delicious experiences. Garden Street

Marketplace is a great starting point!

8

Page 9: Santa Barbara - California€¦ · for Chinese visitors, said Kassie Fraser, director of Asia Pacific marketing of Visit California with Chinese under 35 rapidly becoming the dominant

Santa Barbara’s adjacent Funk Zone has become a favorite in recent years. Over the past few

decades, this district, which spans the area between the ocean and Highway 101 and is adjacent to the Amtrak station, has enjoyed an upswell of boutique tasting rooms, cafes, galleries, and shops that cater to Santa Barbara’s contemporary side.

Converted warehouses and buildings decorated with graffiti murals and contemporary art pieces set the tone for this hopping section of town. Surfboard shapers, winemakers and up-and-coming chefs all practice their crafts here. Visit art galleries; shop vintage and modern home goods at The Blue Door; taste at the fun, hip Municipal Winemakers (whose wine club is affectionately known as Club Awesome), and enjoy a five-star dinner at The Lark.

Walk the largest part of the Urban Wine Trail — a self-guided trail of 20+ tasting rooms representing Santa Barbara County wines — and easily discover why Santa Barbara’s wine country is easily world class. Tantalize your taste buds with an Eat This, Shoot That! food and photo tour through the neighborhood for bites of artisanal eats at Lucky Penny, glasses of craft brews from Figueroa Mountain Brewing Co., tastes of Riverbench wines, and sips from Cutler’s Artisan Spirits, the city’s first distillery since Prohibition.

Whether you’re new to Santa Barbara or returning for the hundredth time, this ever-evolving artistic neighborhood is one spot to visit again and again.

9

Page 10: Santa Barbara - California€¦ · for Chinese visitors, said Kassie Fraser, director of Asia Pacific marketing of Visit California with Chinese under 35 rapidly becoming the dominant

Garden Street Marketplace - Nearby

✓ Stearns Wharf

✓ The Funk Zone

✓ State Street Shopping

✓ SB Harbor

✓ Santa Barbara Zoo

✓ Santa Barbara Court House

✓ The Mission

✓ Carrillo Pavilion

✓ Chase Palm Park

10

Page 11: Santa Barbara - California€¦ · for Chinese visitors, said Kassie Fraser, director of Asia Pacific marketing of Visit California with Chinese under 35 rapidly becoming the dominant

Contact Pamela Scott

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions

prior to sale, lease or financing or withdrawal without notice. GPS Commercial Real Estate Services Inc.

BROKER: PAMELA SCOTT | LICENSE #00705034 | [email protected] | 805.560.0040 | CELL - 805.617.3844

W e p u t t h e c l i e n t f i r s t

With over thirty years of experience, Pamela has developed regional strength based on established relationships with property owners and brokers. Tenants benefit from her reach, experience and understanding of the market through all stages of the process, including defining requirements, site selection and analysis, and negotiation. She has helped a wide range of tenants find the right space for their business with her extensive market knowledge.

11