swc of mason street & cherry street, fort … · swc of mason street & cherry street, fort...

Representatives:

Jake Hallauer, [email protected]

Chrisland Real Estate CompaniesPhone: 970-663-3150 www.ChrislandRealEstateCompanies.com

Ryan [email protected]

PRIME MULTI-FAMILY OR MIXED USE DOWNTOWN FORT COLLINS SITE SWC OF MASON STREET & CHERRY STREET, FORT COLLINS, COLORADO

Lee Martinez Park

Old TownSquare

Colorado State University Campus

COLLEGE AVENUE

GROUND LEASE, BUILD-TO-SUIT, OR JOINT VENTURE DEVELOPMENT OPPORTUNITY

MAX TransitCenter

JEFFERSON STREET

Fort CollinsMuseum of Discovery

LINDEN STREET

CHERRY STREET

NPoudre River Trail System

ElizabethHotel Larimer County

Government Offices

SITE

The Lincoln Center

Northside Aztlan Recreation Community Center

Otterbox Headquarters

Representatives:




EXECUTIVE SUMMARY

THE SITEChrisland, Inc. (“Chrisland”) is pleased to present this development opportunity as a ground lease, build-to-suit, or joint venture to develop an approximately 38,000 square foot lot located at the southwest corner of Mason Street and Cherry Street in the heart of Old Town Fort Collins (“Site”). The Site is within the “D” Downtown Zoning District and Civic Center Sub-District. The zoning and market conditions make this an excellent site for mixed-use and/or high density residential development.

AREA INFORMATION• LOCATION: The Site is visible and well located at the intersection of two major

downtown streets (Cherry and Mason). • POPULATION: Fort Collins is the largest city in Northern Colorado with a population

of approximately 161,000. • COLORADO STATE UNIVERSITY (“CSU”): Enrollment exceeds 33,000 students

with approximately 6,700 faculty and staff members and is one of the largest employers in Fort Collins.

• MAJOR EMPLOYERS: CSU, Woodward, New Belgium Brewery, Odell Brewing Co., Otter Box, City of Fort Collins, Larimer County, and more.

• AMENITIES: Extensive and diverse entertainment, dining, cultural and recreational amenities such as Lee Martinez Park, Poudre River Trail, Museum of Discovery, Lincoln Performing Arts Center, Mulberry Pool, Aztlan Recreation Center, Old Town Square, New West Fest and other popular events.

• DEMAND: Due to the Sites attractiveness and scarcity of property, Old Town Fort Collins has experienced above average appreciation in relation to other areas of Fort Collins and Northern Colorado over the last decade.

PROPERTY HIGHLIGHTS

• Less than 1 block from the MAX Transit Center

• Walking distance to popular Old Town Square

• Adjacent to Lee Martinez Park and Fort Collins Museum of Discovery

• Surrounded by an abundance of retailers, restaurants and entertainment

• Located within 1 mile of Colorado State University’s campus

SITE SIZE 0.873± Acres38,044± sq. ft.

ZONINGDowntown District,

Civic Center Sub District

BUILDING HEIGHT 85’ Max(5 - 6 STORIES)

MILL LEVY 96.291

LOT 2, PENNY FLATS SUBDIVISION, FORT COLLINS, COLORADO

Representatives:




CHERRY STREETNORTHSIDE

AZTLANCENTER

BUCKINGHAMPARK

LINCOLNCENTER

OAK STREET PLAZA

TRANSIT ROUTE

MULBERRY STREET

W MOUNTAIN AVENUECITY PARK NINEGOLF COURSE

LEE MARTINEZ PARK89+/- ACRES

OLD TOWNSQUARE

MOBYARENA

CSU FOOTBALLSTADIUM

N COLLEGE AVENUE

ELIZABETHHOTEL

WOODWARD

FORT COLLINSCITY PARK

FORT COLLINS MUSEUM

OF DISCOVERY

DO

WN

TOW

N

DOW

NTOW

N

N

SITE

POUDRE RIVER TRAILSYSTEM

POUDRE RIVER TRAILSYSTEM

King Soopers Marketplace1.5± Miles

Representatives:




CHERRY STREET

SITE

LEE MARTINEZ PARK89+/- ACRES

RECCENTER

BUCKINGHAMPARK

CIVIC CENTERPARK

LINCOLNCENTER

MULBERRYPOOL

OLD TOWNSQUARE

OAK STREET PLAZA

TRAN

SIT

ROUT

E WOODWARD

POUDRE RIVER TRAIL SYSTEM

ELIZABETHHOTEL

N COLLEGE AVENUE

MULBERRY STREET1,180-seat performance hall & a 220-

seat theatre

Dining, Nightlife, Shopping, Entertainment & more164 Guest rooms, retail, 3,400 square feet of meeting & conference space, 323 space parking garage, Onsite restaurant, rooftop bar, lobby bar

FORT COLLINS MUSEUM

OF DISCOVERY

W MOUNTAIN AVENUE

N

Exhibits, Theater, Programs and more4th Largest mirco-brewery in the nation

POUDRE RIVER TRAIL SYSTEM

Representatives:




CONCEPT PLAN AND ELEVATIONS

The information contained herein, while from sources believed reliable, is not guaranteed and is subject to change without notice. Chrisland Real Estate Companies makes no warranties or representations as to the accuracy of this information. This brochure is the exclusive property of Chrisland Commercial Real Estate, Inc. Any duplication without Chrisland Real Estate Companies express written consent is prohibited.

Conceputal Plans and Floor Plans: Click Here

https://www.chrislandrealestatecompanies.com/wp-content/uploads/2017/08/cherry-mason-site-yield-study-v2-2017.5.31-both-5-and-4-stories.pdf

Representatives:




1-MILE 3-MILES 5-MILES

2017 Est. Population 10,614 77,867 148,641

2022 Projected Population 11,514 83,604 160,401

Bachelor’s Degree or Higher 52.8% 49.2% 50.6%

Median Age 30.0 27.9 30.8

Daytime Employment 19,359 64,297 93,205

Source: Site To Do Business, August, 2017

DEMOGRAPHICS

FORT COLLINS COLORADO U.S.

JUNE 2017

UNEMPLOYMENT RATES

Source: www.deptofnumbers.com/unemployment/colorado

DEMOGRAPHICS AND ACCOLADESFort Collins, with a population of approximately 161,000 is known nationally for its high quality life and is a hub for innovation, research, and entrepreneurship.

FORT COLLINS ACCOLADESFort Collins is consistently recognized on “top” and “best” of lists.

• 2nd Best Cities for Small Business Owners: ValuePenguin - Feb 2017• No. 4 Community in Overall Well-Being, 2014-2015: Gallup Healthways - Feb 2016• No. 14 Best-Performing City: Miliken Institute - Dec 2015• Top 3 Digital City: Govtech.com - Nov 2015• Top 10 Best Metros for Female Entrepreneurs: Forbes - Oct 2015• Ranked No. 4 Next Top 10 Cities for Tech Jobs: Fast Company - Jul 2015• Ranked No. 9 of 2015’s “Top 10 Healthiest Cities”: Livability.com - Apr 2015• No. 3 “50 Best College Towns to Live in Forever” list: College Ranker - Mar 2015• No. 1 In The Country By Let’s Move! For Healthy Efforts: National League of Cities - Sep 2014• 10 Great College Towns to Retire To: Kiplinger - Sep 2014• America’s Most Satisfied City: Time - May 2014

DOWNTOWN FORT COLLINS HOUSING STATS

2.2% Apartment Vacancy (as of March, 2017 Source: Coloradoan. Click here for article)

Average Residential Sale Price - $519,950 Average Multi-family Sale Price - $454,860

(Prices reflect past 6 months as of August, 2017 |Source: The Group, Inc.)

http://www.coloradoan.com/story/money/business/2017/04/28/fort-collins-rental-market-remains-tight-rents-march-up/307188001/

Representatives:




THE MAX BUS RAPID TRANSIT MAX Bus Rapid Transit (BRT) serves major activity and employment centers throughout our community including Midtown, CSU and Downtown. MAX links with other Transfort bus routes, Park-n-Rides, the City’s bicycle/pedestrian trail system, and other local and regional transit routes to provide seamless service for passengers.

For more information on the MAX Bus Rapid Transit Service: MAX Transfort

SITE

SITE

CHERRY STREET

DOWNTOWN TRANSIT CENTER

MA

SON

STR

EET

CO

LLEG

E A

VEN

UE

MAPLE STREET

http://www.ridetransfort.com/max

http://www.ridetransfort.com/max

Representatives:




COLORADO STATE UNIVERSITYColorado State University (“CSU”) is a public institution with enrollment over 33,000 students and approximately 6,700 employees. CSU is a significant employer and contributes greatly to the vibrancy of the local economy by providing jobs, and an educated, well compensated, workforce. The most popular majors include: Business, Management, Marketing, and Related Support Services, Biological and Biomedical Sciences, Social Sciences, Family and Consumer Sciences/Human Sciences and Engineering.

Top 5 percent of business colleges, Association to Advance Collegiate Schools of Business, for our academic programs.

RANKED WITHIN TOP 10% IN NATIONAL UNIVERSITIES

COLLEGE AVENUE

CSU’S FOOTBALL STADIUM

MOBY ARENA

COLORADO STATE UNIVERSITY CAMPUS

MOBY ARENA CSU FOOTBALL STADIUM

SITE

OLD TOWN

https://biz.colostate.edu/about/rankings





Representatives:




Source: 2017 Book of Lists; Bizwest and Northern Colorado Economic Alliance

AREA EMPLOYMENTThe economy in Fort Collins is enriched with a diverse mix of many manufacturing, R&D and service-related fields. Many high-tech companies have relocated to Fort Collins due to the resources of Colorado State University and its prestigious research facilities.

• Advanced Energy Industries Inc.

• AMD

• Anheuser Busch

• Banner Health

• Broadcom Ltd.

• CA Technologies

• City of Fort Collins

• Colorado State University

• Columbine Health Systems

• Hewlett-Packard Headquarters

• Larimer County

• New Belgium Brewing Co.

• Odell Brewing Co.

• OtterBox Headquarters

• In-Situ

• Intel (1,

• Poudre School District

NOTABLE FORT COLLINS EMPLOYERS

• Poudre Valley Hospital

• Qualfon

• The Neenan Company

• Toll Brothers

• Tolmar

• University of ColoradoHealth

• Water Pik Headquarters

• Wolf Robotics

• Woodward Headquarters

5)

Representatives:




LOCATION ATTRACTIONS DESIRABILITY

Downtown is mixed with authentic retailers, restaurants and employment which makes this the place to be:• Walk-ability to over 84 restaurants and countless retailers.• Colorado State University - 33,000+ students• Solid employment base includes Colorado State University, both the City of Fort

Collins and Larimer County government centers, the County Courthouse, and aconcentration of professional offices.

Breweries: New Belgium Co., Odell Brewing Co., Red Truck Beer Company to name a few.• Old Town Square: dining, shopping and nightlife.• Arts & Culture: The Lincoln Center, Fort Collins Museum of Art, Fort Collins Museum

of Discovery and many more.• Events: New West Fest, Tour de Fat, Taste of Fort Collins, Brewfest, Old Town Car

Show, Fort Collins Jazz Experience, Oktoberfest, Girls Night Out, First Night FortCollins, Greek Festival, Holiday Parades, various 5k runs, and concerts.

Downtown is a vibrant commercial district and the City’s art, cultural and entertainment center including:• Events and festivals in Downtown are a staple.• Museums, breweries, markets and Old Town Square.• Rich with energy and entrepreneurial spirit.• Booming location within Fort Collins.

DOWNTOWN FORT COLLINS also known as “Old Town”, is a vibrant business andthriving economic hub located along the College Avenue corridor. Lined with local boutiques, cafes, antique shops, retail stores, and more than 84 restaurants to choose from.

swc of mason street & cherry street, fort … · swc of mason street & cherry street, fort...

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