PRIME DEVELOPMENT OPPORTUNITY
PRIME DEVELOPMENT OPPORTUNITY Chase Bank to retain a prominent position in the new development and continue to operate in Downtown Redwood City. San Mateo County Law Library
B R O A D WAY
Marshall St.
fie ld . Rd
t.
S ow
Broadway
B R O A D W AY
isc o
St.
Fra nc
ton
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To S
Ha
Transportation Hub
R E DWO O D CI T Y, C A 94 0 6 3
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2300
2300 DOUG MARKS
[email protected] +1 650 486 2222 CA License No. 01094755
JOHN MCLELLAN
[email protected] +1 650 486 2223 CA License No. 01869489
STEPHEN ALGERMISSEN
[email protected] +1 213 532 3241 CA License No. 00816707
2300 B R O A D W AY Trophy Development Site in Downtown Redwood City Colliers International is pleased to offer one of the last key development sites in the core of Downtown Redwood City. 2300 Broadway is the central spine of the Downtown Core, and the street most identified with Downtown Redwood City. Broadway is home to Downtown’s primary activity-generating destinations such as Courthouse Square, the Fox Theatre, On Broadway Theater and Shops, the History Museum, and offers an expanding array of shops, eateries, services, and amenities opening out on to its sidewalks. 2300 Broadway benefits from its central location in the City’s Entertainment District. This area is intended to be the focus of entertainment and major retail activity and the most intense street life, and uses in this zone are intended to support that goal. The Downtown Precise Plan regulates height to ensure that adequate density and intensity can be achieved in order to support the urban vitality desired for Downtown. These Height Zones were created to provide a dramatic and attractive punctuation to the Redwood City skyline.
Condominium Interest/Deed Restriction JP Morgan Chase (JPM) currently operates a successful retail branch at 2300 Broadway. Continuing to have a branch in Downtown Redwood City is critical to the completion of a successful sale. JPM will require the buyer to take an active role in securing a prominent temporary or permanent location for JPM during the development process. If the location is temporary, upon completion of a new development JPM shall have the option to move back to the subject property with a condominium interest on the ground floor. The ideal branch size would be 4,000–6,000 square feet and require up to 25 dedicated parking spaces conveniently located next to JPM’s condominium interest. In the event JPM does not move back into 2300 Broadway, there will be a deed restriction on the entire new development providing that there are no occupants that compete with JPM.
For further information regarding this property, please contact:
DOUG MARKS
[email protected] +1 650 486 2222 CA License No. 01094755
ADDRESS APN #
2300 Broadway, Redwood City, CA 94063 052-364-130
LOT SIZE
±39,509 Square Feet
ZONING
Downtown Precise Plan
JOHN MCLELLAN
[email protected] +1 650 486 2223 CA License No. 01869489
STEPHEN ALGERMISSEN
[email protected] +1 213 532 3241 CA License No. 00816707
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees or representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquires as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s).
B R O A D WAY
Marshall St.
fie ld . Rd
t.
S ow
Broadway
B R O A D W AY
isc o
St.
Fra nc
ton
an
mil
To S
Ha
Transportation Hub
R E DWO O D CI T Y, C A 94 0 6 3
le dd Mi
sl Win
2300
2300 DOUG MARKS
[email protected] +1 650 486 2222 CA License No. 01094755
JOHN MCLELLAN
[email protected] +1 650 486 2223 CA License No. 01869489
STEPHEN ALGERMISSEN
[email protected] +1 213 532 3241 CA License No. 00816707
2300 B R O A D W AY Trophy Development Site in Downtown Redwood City Colliers International is pleased to offer one of the last key development sites in the core of Downtown Redwood City. 2300 Broadway is the central spine of the Downtown Core, and the street most identified with Downtown Redwood City. Broadway is home to Downtown’s primary activity-generating destinations such as Courthouse Square, the Fox Theatre, On Broadway Theater and Shops, the History Museum, and offers an expanding array of shops, eateries, services, and amenities opening out on to its sidewalks. 2300 Broadway benefits from its central location in the City’s Entertainment District. This area is intended to be the focus of entertainment and major retail activity and the most intense street life, and uses in this zone are intended to support that goal. The Downtown Precise Plan regulates height to ensure that adequate density and intensity can be achieved in order to support the urban vitality desired for Downtown. These Height Zones were created to provide a dramatic and attractive punctuation to the Redwood City skyline.
Condominium Interest/Deed Restriction JP Morgan Chase (JPM) currently operates a successful retail branch at 2300 Broadway. Continuing to have a branch in Downtown Redwood City is critical to the completion of a successful sale. JPM will require the buyer to take an active role in securing a prominent temporary or permanent location for JPM during the development process. If the location is temporary, upon completion of a new development JPM shall have the option to move back to the subject property with a condominium interest on the ground floor. The ideal branch size would be 4,000–6,000 square feet and require up to 25 dedicated parking spaces conveniently located next to JPM’s condominium interest. In the event JPM does not move back into 2300 Broadway, there will be a deed restriction on the entire new development providing that there are no occupants that compete with JPM.
For further information regarding this property, please contact:
DOUG MARKS
[email protected] +1 650 486 2222 CA License No. 01094755
ADDRESS APN #
2300 Broadway, Redwood City, CA 94063 052-364-130
LOT SIZE
±39,509 Square Feet
ZONING
Downtown Precise Plan
JOHN MCLELLAN
[email protected] +1 650 486 2223 CA License No. 01869489
STEPHEN ALGERMISSEN
[email protected] +1 213 532 3241 CA License No. 00816707
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees or representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquires as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s).
