City of Pasadena Brokers Breakfast March 2017 Presentation Outline - PowerPoint PPT Presentation

City of Pasadena Broker’s Breakfast March 2017

Presentation Outline • Pasadena Office • Retail, Dining, Consumer Information • Institutional Projects • Hotels / Visitors • Residential Projects 2

OFFICE Ayzenberg (on Walnut) Charles Co. KPCC - Studios 3 3

Lincoln Properties (Parsons Block) 4

Alexandria HQ 5

SHOPPING AND DINING 6

SHOPPING AND DINING Furniture and Appliance (% change yr/yr) 7

SHOPPING AND DINING Apparel Stores (% change yr/yr) 8

SHOPPING AND DINING Restaurant Sales (% change yr/yr) 9

Effective per capita Buying Power • Pasadena is # 37 out of 126 LA and OC cities • Pasadena is #3 out of 21 mid-sized cities Rank Mid-sized jurisdictions Population EBP 1 of 21 HUNTINGTON BEACH 195,212 $37,833 2 of 21 IRVINE 258,386 $37,541 3 of 21 PASADENA 141,023 $36,212 4 of 21 TORRANCE 147,175 $33,684 5 of 21 ORANGE CO. (unincorp) 125,420 $32,264 6 of 21 BURBANK 105,110 $31,044 7 of 21 COSTA MESA 114,603 $29,246 8 of 21 ORANGE 141,420 $28,574 9 of 21 FULLERTON 142,457 $26,433 10 of 21 GLENDALE 201,668 $25,901

PASADENA CONSUMER –

8.6% Residents – 3% Workforce 7.8% Residents – 3.6% Workforce

6.6% Residents – 14.5% Workforce 7% Residents – 13.8% Workforce

ACADEMIC & INSTITUTIONAL HMRI Lab Kaiser Permanente School of Medicine Shriners Medical Center Los Robles/Green Art Center College of Design 15

Kaiser Permanente School of Medicine 16

Art Center – South Raymond Campus Master Plan 17

Art Center – South Raymond Campus Master Plan 18

HOTELS Kimpton Colorado /Hill Hyatt Place Dusit D2 Lake/Union +Westin, Hilton, Sheraton Renovations !

Pasadena HOUSING PROJECTS 20

New Apartments 118 unit . 212 units 131 units 21 21

25 W. Walnut Street – Under Construction Mixed Use Project Construct a 5-story - 201 apartments; and 10,000 s.f. of ground floor retail 22 22

Lincoln “ Parsons Block” (100 W. Walnut St.) Mixed Use Project: Construct a 5-story - 450 apartments and ground floor retail 23

SpaceBank Site – Foothill Boulevard 500 units . 24

Former Macy’s site Condominiums SW corner of Los Robles and Colorado 25 25

Union Street and Madison (Pres. Church Parking) New Housing – 186 New Units 26 26

711 E. Walnut 747 E. Green St. Downtown Housing 450 S. Arroyo Parkway 27

Downtown Housing 700 E. Walnut Street 130 N. Fair Oaks Ave. 770 E. Walnut Street 277 N. Molino Ave.

Office/Housing 245 S. Los Robles. Foothill – Panda Inn 29

Development Activity near Light Rail Stations Larger Projects Completed 1994-2015 Larger Projects 2016 Construction/Planned v

Daytime Cell Phone (heat map of open mobile device apps) Pasadena 31

Where those phones sleep at night (with apps on) 32

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