third street santa monica place santa …...monica for 35 years macerich flagship 1980 1990’s...

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Page 1: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking
Page 2: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

SANTA MONICA PLACETHIRD STREETPROMENADE

SANTA MONICA PIER

Page 3: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

THIRD STREETThe Early Days

Page 4: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

THIRDSTREET

1960’s

Page 5: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

THIRD STREET MALL

Page 6: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

THIRD STREET PROMENADE

Page 7: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

ORIGINAL SANTAMONICA PLACE

Enclosed environment

Inward facing

Not pedestrian oriented

ACQUIRED1999

Macerich headquartered in SantaMonica for 35 years

Macerich flagship

1980

1990’s

Page 8: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

2004 MIXED USE PLAN

Demo mall, anchors & parking. Build 2 levels of underground parking.Build 560,00 sf retail, 100,000 sf office and 450 residential units.

Residential buildings at 300’.

RETAIL, OFFICE & RESIDENTIAL

Page 9: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

SIX KEY REQUESTS

● Reasonable scale

● Better connection with Third StreetPromenade

● Open-air, views and street-retail

● Environmentally sound project

● Retail the primary use

● Traffic/parking consideration

COMMUNITY OUTREACHWorkshops, phone surveys, postcard surveys & website

Page 10: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

SANTA MONICA PLACETransformation of a tired mall…

BEFORE

Page 11: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

Third Street Promenade

!

ThePier &Ocean

!

City

!

Civic Center

Page 12: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

DESIGN STRATEGIESLos Angeles experienceDemographic targetsExtension of Third Street PromenadeUrban connectivity

● Heart of the city● Open-air center● Upper level dining deck – culinary

experience

Page 13: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

SANTA MONICA PLACE SITE PLAN

BEFORE AFTER

Page 14: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

SANTA MONICA PLACETransformation of a tired mall…

AFTER

Page 15: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

BROADWAYToday

Page 16: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

2nd StreetToday

Page 17: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

4th StreetToday

Page 18: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

COLORADOToday

Page 19: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

COLORADOToday

AFTERGRAND OPENING DAY EVENT

Page 20: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

COLORADOToday

GRAND OPENING NIGHT EVENT

Page 21: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

DINING DECKToday

AFTER

Page 22: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

SANTA MONICA PLACE & SUSTAINABILITY

● Los Angeles Business Council, Design Concept, 2008● Westside Urban Forum, Westside Award, 2010● Southern California Development Forum, Commercial

Building Design Award, 2010● ASLA – Southern California Chapter, Design Award, 2010● Los Angeles Business Council, LA Architectural Retail

Award, 2011

LEED GOLD CERTIFICATION

● Otis College of Art & Design, Creative Vision Award, 2011

● Retail Traffic SADI, New Open-Air Center, 2011

● NAREIT Leader in Light, Honorable Mention, 2011

● ICSC, Sustainable Design Gold Award, 2012

● MAPIC High Street Award, Best-of-the-Best 2012

● ICSC, VIVA Global Design & Development Best-of-the-Best, 2013

● PCBC Gold Nugget Award, Best Retail Project, GrandAward, 2011

● Los Angeles Business Journal, Best Retail Project, 2011● ICSC, Design Gold Award, 2012● Sustainable Quality Award, Stewardship/Natural

Environment, 2013

Page 23: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

MERCHANDISINGCurrently Open

1980’s

1990’s

Page 24: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

MECHANDISINGOpening Soon

Page 25: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

SANTA MONICA PLACETHIRD STREETPROMENADE

SANTA MONICA PIER

TONGVAPARK

VENICE BEACH

VILLAGE ATSANTAMONICA

EXPOLIGHT RAIL

Page 26: THIRD STREET SANTA MONICA PLACE SANTA …...Monica for 35 years Macerich flagship 1980 1990’s 2004 MIXED USE PLAN Demo mall, anchors & parking. Build 2 levels of underground parking

M A C E R I C H ( N Y S E : M A C ) A N S & P 5 0 0 C O M P A N Y

O N E O F T H E N A T I O N ’ S L E A D I N G O W N E R S , O P E R A T O R S &D E V E L O P E R S O F M A J O R R E T A I L P R O P E R T I E S I N

A T T R A C T I V E U . S . M A R K E T S , I N C L U D I N G : G R E A T E R N E W Y O R K ,W A S H I N G T O N D . C . , C H I C A G O , A R I Z O N A & C A L I F O R N I A