LOOK FORWARD. LOOK EAST. - Cedar Realty Trustcedarrealtytrust.com/wp-content/uploads/2017/05/East-River-Park... · look forward. look east. washington, d.c. . look your best. look

Lars Kerstein

[email protected]

LOOK FORWARD.LOOK EAST.

WASHINGTON, D.C.

www.cedarrealtytrust.com

LOOK YOUR BEST.LOOK EAST.

A cornerstone of Northeast Washington, D.C.’s ongoing evolution, East River Park

is the area’s go-to destination for grocery-anchored shopping. The center has a

strategic position in rapidly emerging Ward 7, just 15 minutes from the heart of

the District, and sees exceptional pedestrian and vehicular traffic (close to 50,000

cars each day) from the intersection at Benning Road and Minnesota Avenue. East

River Park is at the forefront of progressive development in a key D.C. region, and

a valuable retail staple to its surrounding neighborhood.

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NATIONALARBORETUM RFK STADIUM

FORT DUPONTICE RINK

FORT DUPONTNATIONALS TRAINING

CENTER

PARK 7 APARTMENTS(198 UNITS)

PARADISE AT PARKSIDEAPARTMENTS (653 UNITS)

FORT CHAPLIN PARKAPARTMENTS (549 UNITS)

Hex #1b365d

RGB 27, 54, 93

CMYK 95, 74, 7, 44

PMS 534 C

Hex #a1d884

RGB 161, 216, 132

CMYK 40, 0, 50, 0

PMS 359 C

Hex #888b8d

RGB 136, 139, 141

CMYK 23, 16, 13, 46

PMS Cool Gray 8 C

Hex #fce300

RGB 252, 227, 0

CMYK 0, 0, 95, 0

PMS 102 C

Hex #642f6c

RGB 100, 47, 108

CMYK 67, 95, 4, 16

PMS 520 C

Hex #eca154

RGB 236, 161, 84

CMYK 0, 42, 74, 0

PMS 157 C

SECONDARY

DC OFFICE

AP

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3NEIGHBORHOOD SPOTLIGHT

East River Park is a thriving grocery-anchored destination with roots in a rapidly emerging Northeast Washington, D.C. neighborhood, which sees ±50,000 vehicles daily.

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5VIEW FROM MINNESOTA AVENUE LOOKING SOUTHEAST

6EAST RIVER PARK SITE PLAN

P1 P165 ps 67 ps

Junior Anchor20k sf

Junior Anchor13k sf

Grocer50k sf7.5k sf

2k sf

16.1k sf

5.3k sf

5.6k sf

Dix St NE 40th St NEC

A

Benning Rd NE

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P40 ps

A: RETAIL: 70,400 SFRESIDENTIAL: 280 UNITS

B: RETAIL: 33,000 SFOFFICE: 33,000 SF

C: RETAIL: 16,100 SF

P2 - Structured parking

Junior Anchor

Small Shop

Anchor

Drive-thru

Shared loading

PROGRAM

TOTAL: RETAIL: 119,500 SF

RESIDENTIAL: 280 UNITS

OFFICE: 33,000 SF

PARKING PROVIDED: 622 ps

RETAIL PARKING RATIO @2.63ps/1000 sf: 319 ps

RESIDENTIAL PARKING RATIO @.85ps/du: 238ps

OFFICE PARKING RATIO @2ps/1,000 sf: 66 ps

B

Vertical Circulation

Residential

Office

Grocer & shared loading

P2

Dix St NE

Benning Rd NE

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AP3208 ps

P322 ps

4-story apartments90 Units

5-story apartments190 Units

Residential Parking

BOffice

16.5k sf

2nd Level Office 33,000 SF

C

GrocerMechanicals

UPPER LEVEL

GOTHAM BLACK THE QUICK BROWN FOX JUMPS OVER THE LAZY DOG.The quick brown fox jumps over the lazy dog.1234567890

Hex #1b365d

RGB 27, 54, 93

CMYK 95, 74, 7, 44

PMS 534 C

Hex #a1d884

RGB 161, 216, 132

CMYK 40, 0, 50, 0

PMS 359 C

Hex #888b8d

RGB 136, 139, 141

CMYK 23, 16, 13, 46

PMS Cool Gray 8 C

Hex #fce300

RGB 252, 227, 0

CMYK 0, 0, 95, 0

PMS 102 C

Hex #642f6c

RGB 100, 47, 108

CMYK 67, 95, 4, 16

PMS 520 C

Hex #eca154

RGB 236, 161, 84

CMYK 0, 42, 74, 0

PMS 157 C

PRIMARY

SECONDARY

BENCO S/C

PROPOSED

THE POINT ATARBORETUM

PROPOSED

CORAL HILLS S/C

GOODHOPE MARKETPLACE

SKYLAND T/C

SENATOR SQUARE

PENN BRANCH S/C

JENKINS ROW

THE SHOPS ATDAKOTA CROSSING

RHODE ISLAND ROW

RHODE ISLAND PLACE

HECHINGER CENTER

HECHT’S WAREHOUSE RFK STADIUM

RFK STADIUM

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V7EAST RIVER PARK TRADE AREA

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• ±120,000 square feet of retail

• ±33,000 square feet of office

• ±280 apartments• Two current anchors• National, regional and local

tenant mix

• Residential population – 229,274

• Average household income - $74,829

• Employee population – 94,628

• 8% total projected population growth in next 5 years

• >$810 million in grocery and restaurant spending power

• Excellent access to two adjacent metro stops within a 5-10 minute walk

• Two D.C. Streetcar stops planned adjacent to property

• Traffic counts:o Benning Rd –

31,000 VPDo Minnesota Ave –

17,400 VPDo Anacostia FWY –

121,500 VPD

• RFK Stadium – Home of D.C. United soccer [future development site]

• Fort DuPont Nationals Baseball Training Center

• Fort DuPont Ice Rink• Park 7, Fort Chaplin Park

and Parkside developments (±1,400 residential units)

PROPERTY TRANSIT STATSTRADE AREA DEMOGRAPHICS

NOTABLE TRAFFIC GENERATORS

LOOK YOUR BEST.LOOK EAST.

• Located in evolving part of Ward 7 in Washington, D.C.

• Positioned at intersection of Benning Rd and Minnesota Ave

• Adjacent to Anacostia Freeway (I-295) off ramp

• Strong access to area employment

• Proximity to Northeast D.C.’s mixed-use corridors such as H Street

LOCATION DETAILS

9

LOOK AHEAD.LOOK EAST.

LARS KERSTEIN

Cedar Realty Trust

Vice President, Development Leasing

415 Egg Harbor Road, Suite 21A

Sewell, NJ 08080

[email protected]

856.218.8677

EHUD KUPPERMAN

Cedar Realty Trust

Vice President, Development

44 South Bayles Avenue

Port Washington, NY 11050

[email protected]

516.944.4556