WALK STREE T LIVING 232 16TH STREE T MANHAT TAN BE ACH, C A
VOLUME 4, NUMBER 1 / APRIL 2019
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HOW LOW CAN THEY GO?
Founder, Ed Kaminsky interviews Mortgage rates fall again, Tampa Bay Representative, Maria enticing borrowers. The 30-year Hoffman. fixed mortgage is now just above 4%
FIRST LOOK: HOWARD TERMINAL
SPRING TRAINING
FEATURED PROPERTIES
In case you’ve been unable (unwilling?) to peruse the presentation given to the BCDC on Howard Terminal last week, go get it. Now.
Baseball Spring Training Brings Big Bucks To Florida
Browse the top luxury listings from coast to coast.
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LINDENWOOD | ATHERTON,C A
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SE AN SPANEK
6 BED / 8.5 BATH / 11,000 S Q F T / 1 ACRE LOT
(408) 891-8606/ SE AN@SPANEKRE .C OM
OFFERED AT $11,400,000 Custom Lindenwood Property in Superior Steel Construction
This beautiful Atherton estate property is a superior steel construction home designed and built by the finest engineers, including BCA Structural Engineers and Lea & Braze Engineering Inc, to ensure the highest quality in construction in the home from top to bottom. Ensconced behind the historical pillars and gates in prestigious Lindenwood, this premier coveted estate in superb architecture combines exceptional craftsmanship and elegance with extreme efficiency. OVERVIEW Approx 11,000 + square feet, including basement, buyer to verify 1 flat acre in Atherton Strategically designed 19,000+ watt solar array system adds the utmost efficiency in whole house heating and cooling to dramatically minimize your carbon footprint and utility bill. Professional sports court and fitness center, ideal for sports enthusiasts. Grand motor court for extra car parking spaces.
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709 E SPL ANADE | REDONDO BE ACH, C A
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ED KAMINSKY
5 BED / 6 BATH / 9, 200 S Q F T / 7,454 S Q F T LOT
(310) 42 7-2414 / EK@IT Z S OLD.C OM
OFFERED AT $11,900,000
Contemporary, sleek and unquestionably modern, this one-of-a-kind landmark residence presents a spectacular oceanfront location on the southern sands of Redondo Beach. Three terraces and abundant picture windows welcome panoramic Pacific Ocean views that stretch from the Palos Verdes Peninsula to Malibu’s Point Dume and encompass crashing waves, passing sail boats, a jetty, pier and shimmering lights after romantic sunsets. Centered around a soaring atrium with oversized skylight, the open and bright estate is generously proportioned at approximately 9,200 square feet and showcases 5 bedrooms, 6 baths, maid quarters with a separate entrance, grand rooms with slide-away doors to terraces and loggias, an 8-car garage, expansive media/ game room and an elevator that serves all levels.
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320 CENTR AL PARK WE ST 8A | NE W YORK , NY 4 BED / 3.5 BATH / OFFERED AT $4,950,000 They don’t make them like this anymore: timeless, gracious, elegant, classy, and of course, those direct, OMG views of Central Park, the Reservoir and the City skyline beyond. WOW! This stunning home is a blank canvas awaiting your creative touches and artistic finishes, and has the perfect bone structure for your architect’s nip here and tuck there to restore a grande dame of yesteryear to her original brilliance. The oversized rooms and those dreamy views, permitting you to gaze out your windows and track the seasonal changes of Central Park’s color palate, will never get old. The delicious warmth of the direct morning sunshine -- aahhhhh! And there is nothing like a friendly greeting from the doorman, going up to 8 and exiting onto your own, private elevator landing. You have arrived! The room dimensions, the light and views, the corner windows in the bedrooms and windowed bathrooms, the private elevator landing - these will never change. But you have a unique opportunity to transform the diamond-in-the-rough kitchen and bathrooms into your personal crown jewel. See our virtual reality video showing how the current kitchen, maid’s room and bath, and dining room might be reconfigured to become the hub of your 21st Century home. Imagine the black tie soirees, the blow-out Super Bowl parties, the book club meetings, the poker and mahjong games and the casual get togethers. Imagine the pride and satisfaction of putting your personal stamp on your new residence to make it into the home of your dreams. Imagine the memories you will create here. And the building? The Ardsley is a historic Emery Roth Art-Deco treasure offering white-glove, full service prewar elegance. The lobby is newly renovated, and there is a fitness center, children’s playroom, two bike rooms, multiple storage rooms, a lending library – everything you could want and need, and more! Pets are welcome, washer/dryers are permitted.
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MICHAEL SHAP OT
(6 46) 833-432 1 / MICHAEL . SHAP OT@C OMPA S S .C OM
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WELC OME TO S ANDP OINT, IDAHO In Idaho’s Panhandle, perched above Lake Pend Oreille, The Idaho Club offers all of the best of the Pacific Northwest lifestyle. With stunning mountain views, crystal clear lakes and endless wildlife, there is no end to the outdoor adventures available to those living here. From winter skiing on Schweitzer Mountain’s 3,000 acres, to playing one of Jack Nicklaus’ most artfully designed golf courses, or to boating on Lake Pend Oreille— it is impossible to beat such experiences. It is set among this landscape, both dramatic and peaceful, that life at The Idaho Club captivates the senses during all four seasons and from dawn to dusk.
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SE AN SPANEK
(408) 891-8606/ SE AN@SPANEKRE .C OM
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232 16TH STREE T | MANHAT TAN BE ACH, C A 5 BED / 5 BATH / 4,978 S Q F T / 2 ,694 S Q F T LOT ON A WALK STREE T OFFERED AT $6, 7 95,014 Just a few blocks from downtown Manhattan Beach, the pier, & the ocean. Every incredible restaurant, shop, and beachfront living at its finest, what more could one ask for? The spectacular beach property is a large 5,000 sqft of open living space. Boasting tons of style, incredible design and impeccable attention to detail throughout. Conceptualized by Matt Morris and drawn by Doug Leach. Wide plank natural finish oak hardwood floors pull you into this home. Then the details and craftsmanship starts to impress: Thermador appliances, brand new A/C, heated patio with sound, and an elevator to name a few. The top floor has an expansive open concept floor plan that brings a beach vibe into your living room by seamlessly connecting indoor and outdoor spaces. This floor is perfect for entertaining with its built-in barbecue, ocean views, and tons of space. The middle floor is highlighted by a spacious master bedroom retreat with a spa like feel inherited from a tastefully designed en-suite bathroom. Find 3 more amply sized bedrooms, 2 baths, and a laundry room on this floor. The ground floor has a 4-car garage great for an auto enthusiast or anyone requiring tons of storage. To top it off this floor features a fully equipped guest suite with: bedroom, bathroom, office, media room, kitchenette and private patio with access to the walkstreet. This home has it all, plenty of space, built for entertaining, in beautiful Manhattan Beach, and quick access to the westside for commuters.
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ED KAMINSKY
(310) 42 7-2414 / EK@IT Z S OLD.C OM
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3585 OAKWOOD DRIVE | PARK CIT Y, UT
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KENT S CHLOP Y
5 BED / 7 BATH / 6,520 S Q F T / 12 ,632 S Q F T LOT
(435) 655-5656 / KENT@TE AMS CHLOP Y.C OM
OFFERED AT $2 ,995,000
Imagine your dream home with potential income and no work needed to move-in tomorrow. This immaculate home in the Oaks at Deer Valley sets the stage for the higher standard of Park City living. Completed with upgrades to meet the tastes of a mountain-contemporary lover, the fixtures and customized spaces are sure to impress. The soaring ceilings which open the common space and allow views of Deer Valley Resort ski runs are complimented internally with dramatic lighting and rustic wooded beams. An impressive master suite with amenities such as: fireplace, balcony, separate shower, jetted tub, and walk-in closet. No guest intrusions with each bedroom having their own Water Closet. The large chef’s kitchen has an island, upgraded appliances, and ample preparation space. The amenities of the subdivision include: a clubhouse, pool, and tennis courts with HOA dues. Experience European architecture in the backyard of bright, sunny Deer Valley.
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605 ST. CROIX STREE T | L A S VE G A S, NV 6 BED / 9 BATH / 14,485 S Q F T / 28, 314 S Q F T LOT OFFERED AT $6, 750,000 One of Las Vegas’ prized architectural treasures, the Pincelada estate possesses an artful balance of elegance and modern amenities. Juxtaposed by the grandeur of the home and its curvilinear architecture, guests are greeted by an understated, yet ornate water garden. Spacious living spaces include 10-seat theater, cigar bar, 1,000+ bottle wine room, fitness center, infinity pool, wall-size custom fish tank and more!
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KAMR AN Z AND
( 702 ) 354-2023 / KAMR AN@LUXURYE STATE S .C OM
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SE AT TLE HA S ANOTHER LE GION OF BOOM, IT ’ S HOUSING MARKE T S
WATCH NOW >
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JEN DANIEL S
(253) 686-1036 / JENDANIEL SRE@GMAIL .C OM
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1161 DUNC AN DRIVE | MANHAT TAN BE ACH, C A
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ED KAMINSKY
2 1,00 S Q F T LOT RE ADY TO BUILD THE HOME OF YOUR DRE AMS!
(310) 42 7-2414 / EK@IT Z S OLD.C OM
OFFERED AT $5,195,000 Dreams can come true. Have you ever dreamed of owning a ½ acre beach community parcel of land with views, perfect weather, excellent schools, freeways & airport nearby and one of the most successful business centers in the world (Los Angeles)? There is only one place anywhere in LA County to get that and it is nestled in an extremely private and undiscovered neighborhood in Manhattan Beach. This special neighborhood is the only area where the residents have vigilantly protected lot splits by developers, preserving the privacy and expansiveness of this rare and peaceful residential escape. This lot could be the last lot of this size to come for sale that offers such spectacular city and snow-capped mountain views including downtown LA and beyond. This 125 ft wide, corner lot is prime for anything you can dream up. Whether you want a 12,000 sq ft home, a 12 car garage or an entertainers retreat, the possibilities are endless. Preliminary plans for a spectacular home are available for review or call your favorite architect and start imagining your dream home. You will soon be able to enjoy the space and peace you always wanted as well as rub shoulders with your amazing neighbors from long term Manhattan Beach families to television/film industry professionals and other business moguls.
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62 6 ST CROIX STREE T | L A S VE G A S, NV 4 BED / 7 BATH / 8,998 S Q F T / 2 2 ,651 S Q F T LOT
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KAMR AN Z AND
( 702 ) 354-2023 / KAMR AN@LUXURYE STATE S .C OM
OFFERED AT $2 ,899,000
Extraordinary MacDonald Highlands estate on the golf course over 1/2 acre lot with breathtaking strip, mountain and golf course views. 8,998 SqFt of living space with 4 bed, 7 bath, den, casita, 4 car garage & gated driveway. Resort style private backyard with sparkling pool and spa is perfect for entertaining. Additional features include: Elevator, wine room, wet bar, 2 laundry rooms and chef’s kitchen equipped with custom cabinets and Viking appliances.
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415 E A ST 54TH STREE T AP T 2 2H | NE W YORK , NY 6 BED / 4.5 BATH / 5, 8 78 S Q F T / 25’ X 125’ LOT DIMENSIONS OFFERED AT $1, 780,000
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MICHAEL SHAP OT
(6 46) 833-432 1 / MICHAEL . SHAP OT@C OMPA S S .C OM
JUST LISTED - HARDHAT SPECIAL. This apartment is currently a construction site. It has been stripped to the building studs, and plans are in place to create an extraordinary 2 bedroom 1.5 bath showstopper with a totally open floor plan and jaw dropping OMG views from wall-to-wall, floor-to-ceiling windows. The master will be to die for, there will be a washer dryer in the apartment and, if you hurry, you can halt the work in progress and select your own finishes. The St. James’s Tower is a full service, white glove condominium in the sleepy, hidden gem of Sutton Place. Exclusively by private appointment only.
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A SPEN’ S ELE VATED E XPERIENCE A TIMBERS RESIDENCE CLUB Aspen was, is and always will be one of the world’s most coveted destinations. It’s Aspen Mountain, Snowmass, Aspen Highlands and Buttermilk. It’s classical, bluegrass, jazz and country. It’s jewels and jeans, sushi and popcorn. It’s the Wheeler Opera House, the Aspen Institute, the Food & Wine Festival and the internationallyrenowned Aspen Music Festival. It’s original, energetic, creative and charitable. Above all, Aspen is an endless adventure with something for everyone in every season. And at Dancing Bear, your home is at the heart of it all.
SE AN SPANEK
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7801 N C ALLE C ABALL ARO S | PHOENIX , A Z
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TED PE TER SEN
5 BED / 7 BATH / 10,025 S Q F T / 49, 388 S Q F T LOT
(480) 510-5889 / TED@SP ORT STAR A Z .C OM
OFFERED AT $6,995,000 Your first response from the moment you arrive at this masterful showpiece is guaranteed to be ‘’WOW!’’ and once you’ve truly taken in the beauty of each and every living space, it may actually leave you momentarily speechless. Some use the phrase resort-like and yet some are actually lucky enough to live in a resort custom built for the family. This spectacular residence is the latter. To describe the specifics can’t do it justice, but to understand the architectural excellence, unparalleled quality, exquisite detailing, incomparable style and sheer beauty is how you will begin to dream of the privilege of living here. The phenomenal home theatre, professional grade gym, authentic wine cellar, and sprawling grounds are nothing shy of perfection and just a taste of the highly customized features; room after room is truly stunning with every imaginable upgraded amenity specific to that space. The ambiance is accented by multiple fire features thoughtfully placed offering the perfect backdrop to the pristine setting both inside and out. This home is reserved for the very fortunate who understand how quality living is meant to be experienced!
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409 3RD STREE T | MANHAT TAN BE ACH, C A
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ED KAMINSKY
5 BED / 5.5 BATH / 4,150 S Q F T / UNDER C ONSTRUC TION
(310) 42 7-2414 / EK@IT Z S OLD.C OM
OFFERED AT $5, 7 95,000
Introducing the latest custom home by Atelier Berne in the sought after Sand Section of Manhattan Beach. 5 bedrooms and 5.5 bathrooms are to be spread over 4,150 sq ft and 3 stories; complete with state of the art features and a design that seamlessly blends the line between indoor and outdoor spaces. Entertain and enjoy the Manhattan Beach lifestyle on the top level complete with living room, gourmet kitchen with top-of-the-line Wolf and SubZero appliances, dining room and a tea room that flows out to an expansive terrace with views of the neighborhood. Exceptional finishes carry throughout this coastal contemporary masterpiece. On the second level you’ll find a luxurious master suite with walk-in closet, master bathroom with soaking tub, and a private deck for enjoying warm south bay evenings. This floor also enjoys a conveniently placed laundry room and three additional bedrooms, each with a private bathroom. The entry level boasts a surfer’s bathroom easily accessible from the side of the house after your morning session, a mud room, spacious 3-car garage, wine cellar and a family room that transitions to a quaint front yard. Just a quick walk or bike ride will deliver you to pristine beaches or award-winning restaurants in downtown MB. Don’t miss the chance to get into this property early and watch your beach city dreams come to life.
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110 WATER S EDGE CLO SE | THE SE A R ANCH, C A 3 BED / 3 BATH / 2 , 248 S Q F T OFFERED AT $2 ,2 95,000 Highly innovative, sustainable and modern residence in Sea Ranch. State-of-the-art custom home with stunning ocean views, premium craftsmanship and smart-home technology installations. This magnificent home offers an expansive kitchen with custom marble counters and premium sub-zero appliances. Find fir and hemlock cathedral ceilings and imported tile flooring throughout the home. The private courtyard leads to a cedar hot tub and custom gas fire bowl. This home is where luxury meets Sea Ranch.
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* These photos have been computer genreated by an outside source. These images may not accurately depict the true state of the home and furnishing therein are NOT included in the sale. Neither Seller or Listing Broker has or will investigate or verify the accuracy of these images.
3203 VISTA DRIVE | MANHAT TAN BE ACH, C A
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ED KAMINSKY
UNDER C ONSTRUC TION / 5 BED / 4 BATH / 3,178 S Q F T / 1, 751 S Q F T LOT
(310) 42 7-2414 / EK@IT Z S OLD.C OM
OFFERED AT $5,499,000 • • • • • • • • • • •
Spectacular Ocean View Located in the sought-after Sand Section Contemporary Design by Envirotechno Architects - Luis DeMorais Open Floor Plan on Upper Level Seamless Outdoor Spaces Great Room Basement Captivating Floating Staircase suspended over entrance Modern Kitchen with Acrylic Finishes & Handle-free Cabinetry Design Thermador Appliances Dishwasher with Custom Fitted Cabinet Front Panel Stunning Master Suite with Grand Master Bath and Private Balcony
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• • • • • • • • • •
Powder Room Laundry Room Firepit Elevator with Access to All 4 Levels Game Room, Wine Bar & Wine Cellar 3-Car Garage Landscaped Short Walk to Local Restaurants Just Blocks from the Beach Near the Award-Winning Schools
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L AID-BACK LUXURY A TRUE SENSE OF C OMMUNIT Y THAT YOU C AN FEEL Whether it’s playing an incredible round of golf, skiing the powdered slopes of nearby Northstar, or spending time on Lake Tahoe, Schaffer’s Mill is the perfect starting point for a lifetime of memories. Set between historic Truckee and stunning Lake Tahoe on one of the most desirable cul-de-sacs in the nation (Lahontan and Martis Camp are our neighbors), Schaffer’s Mill is an incredible four-season family community. It’s a place where friends gather, celebrate and enjoy each other’s company. Where kids play, neighbors become lifetime friends and where the word “community” means more than roads, homes and buildings.
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SE AN SPANEK
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111 E CHE STNUT #45A | CHIC AGO, IL 2 BED / 2 BATH / 1,600 S Q F T OFFERED AT $899,000 Striking lake and skyline views throughout this recently gut-rehabbed corner 2 bed + office, 2 bath home. Walk in through the large foyer, into the open floor plan complete with combined living, dining and kitchen spaces, where designer finishes compliment the corner exposure views from floor-to-ceiling windows. With room for 12+ people in the dining room and ample space for oversized furniture and mingling in the living room, this home is perfect for large or small-scale entertaining. The contemporary kitchen features sleek ceiling height cabinetry, stainless steel appliances and eat-in peninsula. In the pristine master suite, find corner exposures, plenty of closet space, large office space with Oak St Beach views and marble ensuite bath with dual vanities and large shower. Nearly as large as the master, the views are also spectacular from the 2nd bedroom. Off the foyer is a coveted walkin-closet that could also serve as additional office space. This full-amenity building includes 24-hour door staff, expansive sundeck & pool, rooftop entertaining room and gym. Step outside to the heart of Gold Coast--Michigan Ave, Oak St Beach, Northwestern Hospital & more.
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JULIE BUSBY
(312 )-890-4818 JULIE@BUSBYRE ALT YGROUP.C OM
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8 7 95 TIDE S TRL , MANZ ANITA | P ORTL AND, OR
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TERRY SPR AGUE
3 BED / 3 BATH / 3, 304 7 S Q F T / 15,000-19,999 S Q F T LOT
(503) 459-398 7 / TERRY@LUXE CIR .C OM
OFFERED AT $1,349,000
Gorgeous unobstructed ocean views from this modern 3,037 sq.ft. Neakahnie Meadows home north of Manzanita on a secluded bluff with 3 bedrooms incl private master suite encompassing 2nd floor. Concrete floors, soaring ceilings, dark wood & stone accents on open main floor with gourmet kitchen featuring stainless steel backsplash & open shelving. 2 light-filled, main floor bdrms each w/patio access.
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7 2 12 RIDGE WAY | PARK CIT Y, UT
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KENT S CHLOP Y
6 BED / 5 BATH / 5, 8 7 2 S Q F T / 2 7, 8 78 S Q F T LOT
(435) 655-5656 / KENT@TE AMS CHLOP Y.C OM
OFFERED AT $1,500,000 INFO@SP ORT STARRELOC ATION.C OM
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10636 BROADL AND PA S S | TAMPA, FL 5 BED / 5 FULL BATH / 2 HALF BATH / 6,606 S Q F T / 83,635 S Q F T LOT OFFERED AT $1,397,500 Opulent Mediterranean estate situated on almost 2 acres in the private, gated community of Stonelake Ranch. Built by Bartlett Custom Homes, this mansion encompasses over 6,600 SF and features 5 bedrooms, 5 full baths, a bonus/game room, and 3-car garage. The residence is appointed with the finest stone, wood, and other design materials. Formal areas include a spacious foyer, living room with gas fireplace, and raised formal dining room bounded by stone columns. The eatin kitchen overlooks the pool and is open to the family room. It offers a choice of seating...in the dinette area or at the bar, and features granite countertops, custom wood cabinets, and many brand new appliances, including an Avanti 31-bottle wine chiller, Thermador built-in refrigerator, and KitchenAid trash compactor. The master suite encompasses an entire wing of the home and features cavernous his/ her walk-in closets, a garden tub centerpiece, dual vanities and a walk-in shower. Rounding out the 1st floor is the guest suite off of the family room. On the 2nd floor, you will find a secondary kitchen, bonus/game room, three additional bedrooms, and a spacious, west-facing screened verandah. The covered lanai and heated, beach-entry pool provide the perfect entertainment venue. Stonelake Ranch features 24-hour roaming security, equestrian trails, a recreation building, fitness center and private access to Lake Thonotosassa, an 819 acre spring-fed lake.
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MARIA HOFFMAN
(813) 90 7-2555 / INFO@TAMPAHOME GROUP.C OM
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HOW LOW C AN THE Y GO: MOR TG AGE R ATE S FALL AG AIN, ENTICING BORROWER S THE 30-YE AR FIXED MORTG AGE IS NOW JUST ABOVE 4% MARCH 28, 2019 12 :30PM As quick as they shot up, mortgage rates have fallen back down. The average rate on a 30-year fixed mortgage fell to a hair above 4 percent this week, according to Freddie Mac data first reported by the Wall Street Journal. The number is the lowest since January 2018, just before the average began to steadily rise to a November peak to just below 5 percent. High mortgage rates in the fall pushed mortgage applications to a four-year low, slowed U.S. home buying, and put home builders at their least confident in two years. But rates have dropped sharply over the last several months as the Federal Reserve halted hikes on 10-year Treasury bonds that drove last year’s mortgage rate growth. That’s been good news for those home builders. Shares for the S&P Homebuilders exchange-traded fund, which includes building products and homefurnishing companies, has shot up 17 percent in the first quarter. The halt in hikes also boosted real estate investment trust performance. The 30-year-rate mortgage rate dropped about a quarter point in the last week alone and some lenders are advertising sub-4 percent mortgages, including Toronto-Dominion Bank and HSBC, according to the Journal. Those rates are enticing would-be borrowers who may have sat out the rate increases. “People love it when they have a rate like that,” Sanborn Mortgage Corp. president Michael Menatian told the Journal. “Psychologically, it has a huge impact.” Commercial real estate investors could also benefit if the Fed keeps interest rate hikes to a minimum this year. [WSJ] — Dennis Lynch
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80 JOHN STREE T 4I | NE W YORK , NY 2 BED / 2 BATH
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MICHAEL SHAP OT
(6 46) 833-432 1 / MICHAEL . SHAP OT@C OMPA S S .C OM
OFFERED AT $1,2 75,000 This showplace, located in the heart of FiDi’s burgeoning residential district, awaits! Move right in to this exquisite loft, with one “”official”” bedroom plus a separate, windowed and spacious home office and two luxurious bathrooms. With meticulous attention to detail, no expense was spared in the complete renovation and redesign of this home. It features especially high 10’ 8”” beamed ceilings and fantastic wall space ideally suited for displaying large pieces of art. There is an open kitchen with the most dramatic high end finishes and appliances. The high gloss lacquer and glass Italian cabinets are from Cesar, the countertops are Caesarstone and they will make your kitchenware look prettier and your food even more delicious. There is new 3/4 inch, wide plank, hardwood oak flooring throughout – a wonderful upgrade. There is fabulous custom Tech lighting and built-ins provide ingenious storage spots. The closets offer more than ample storage for all of your beloved “”stuff””. The front of the home has soothing northerly light, and reflective light off the buildings across the street. The bedroom zone, in the back, is pin-drop quiet. Come one, come all, come quick! This home is beautiful, has wonderful energy, feels just right and offers top value in New York’s newest 24/7 neighborhood. For more info join the FiDi Fan Page on Facebook! Monthly taxes quoted reflect the net amount based on the NYC Condo Tax Abatement for resident owners. INFO@SP ORT STARRELOC ATION.C OM
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HOWARD TERMINAL SITE PL AN: FIR ST LOOK In case you’ve been unable (unwilling?) to peruse the presentation given to the BCDC on Howard Terminal last week, go get it. Now. While you’re waiting for that to download, I’ll go through some of the important slides. First, let’s look at how the ballpark is situated on the 55-acre site.
Site: Ballpark only
Site Plan: Full buildout
That’s a lot of space to the west, right? While there won’t be splash hits, it looks pretty snug in the Southwest corner there. From the looks of things, BIG may have placed it as far southeast as possible while maintaining the orientation and the preferred street grid.
All the blank space is filled in, with streets and potential heights for ancillary buildings. Most are up to 200 feet tall, some are 300 feet tall, and one is listed at 400 feet tall. What would that look like if you were standing on the shoreline? The next slide should give you a sense of it.
Street grid, you ask? There’s one of those, too.
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Cutaway for building and stadium scale This will be the one of many red flags for a lot of people. Nothing in the Jack London Square approaches that scale. Even the ballpark, which by itself would be the tallest building in the neighborhood, is absolutely dwarfed by the condos and suites to the west. Like what happened with Brooklyn Basin, location is everything. And this location is on the shore.
History of Howard Terminal shoreline In the image above you can see how much the shoreline has changed, from the 1877-surveyed shoreline in green to the extended beach and wharf area, completed over 20 years ago. The sticky part is that the orange areas were built for port commercial purposes, not for housing, parkland, or office buildings.
Overlay of site history and ballpark site I overlaid the ballpark site to get a sense of where it would fit in a historical context. The problem here is that the ballpark will be on bay fill. Will the BCDC and the State approve a completely different purpose for the land? We have two historical cases of this. At China Basin it worked out for the Giants. At Piers 30-32 the Warriors faced resistance and moved their concept a mile south.
One other thing to consider is the lack of public space. The second image in the post, titled Open Space & Public Access, shows which areas would be available. The concept for this goes back all the way to the original Fremont concept in 2006. I’m guessing there are 12-15 acres available, plus the roof deck, which I calculate to be 1.5-2 acres on its own. For reference, Brooklyn Basin is 64 acres, of which 30 acres is set aside as open space. I don’t see how the amount of open space identified for Howard Terminal will pass muster, unless everyone decides that the overriding necessity is the new housing over everything else, enough to indirectly subsidize the ballpark.
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5525 ARY SHIRE DRIVE | C OLUMBUS, OH
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NEIL MATHIA S
3 BED / 4 BATH / 4,091 S Q F T / 0.45 ACRE LOT
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OFFERED AT $760,000
Just in time for the Tournament! Enjoy views of the 7th hole from this spectacular home renovated by Ty Quinn & LCH Interiors. Natural light floods the opened floor plan, from skylights to walls of windows. Crisp grays & bright whites follow you through the centrally located great room & kitchen with stainless steel, granite, & subway tile. The first floor owner’s suite has its own private patio access for warm spring evenings & just wait until you see the bathroom! Upstairs you’ll find two spacious & bright bedrooms sharing a full bath. Descend to the lower level for pre-tournament festivities around the fireplace & pool table! But don’t spend all your time inside. The paver patio with firepit & seating just steps from the fairway is calling your name. INFO@SP ORT STARRELOC ATION.C OM
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THE CROWN JE WEL OF HOKUAL A
Timbers Kauai – Ocean Club & Residences is the first private residential offering within the renowned Hokuala resort community. Here, the ocean couldn’t be any closer. The hospitality couldn’t be more welcoming. And home couldn’t be more effortlessly accommodating. The celebrated Jack Nicklaus Ocean Course. Miles of trails for hiking and biking. Premier dining and boutique shopping. Ready access to the smooth surf break and tranquil waters of Kalapaki Beach. It’s all here. And it’s all kind of … perfect.
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SE AN SPANEK
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C OLUMBUS, OHIO SHOULD BE ON YOUR RE AL E STATE INVE STMENT R ADAR
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NEIL MATHIA S
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Ed Kaminsky: [00:00:05] Well good day everybody. This is Ed Kaminsky with Sportstar Relocation. Checking in, on location here in Hermosa Beach California. We’re really excited to have our guest on the phone from my favorite state in the union Ohio Neal. Matthias welcome to the call. I’m going to just go ahead and let you give an opportunity to introduce yourself and the company you are with. Neil Mathias: [00:00:34] Thanks. Glad to be here Neil Mathias with Coldwell Banker King Thompson realtors here in Columbus Ohio. Offices in Dublin Ohio which is kind of the northwest part of Columbus for those of you that know the city has been selling houses for going on 17 18 years part of the family business business that’s been doing it for over 30 years here in Columbus. Ed Kaminsky: [00:01:07] Wow. That’s a long time you know, (me) having been from Ohio and no longer there and I’m in the sunny parts of Southern California. I have to ask what’s going on there in the winter? Is it nice cold rainy snowy? Neil Mathias: [00:01:24] Depends on the day the hour. As you know the old saying is if you don’t like the weather wait a few minutes it’s going to change. We woke up yesterday morning with about five inches of snow that we weren’t expecting. And today we’ve got sunny skies and I think we’re going to hit close to 50 and a lot of the snow is already gone. So you know I actually had an inspection on our property yesterday that we had some roof concerns and it was one of those that we had to get a roofer out and we’re trying to deal with the snow stuff and luckily I think all the snow that we got yesterday is going to be melted and my roofer can get out there today and take a look at it. So it is one of those interesting challenges that you never know what you’re going to get. But luckily we’ve got some great transportation stuff where a lot this week I was able to actually get down to Florida and just had direct flights into Tampa with a two hour flight and I was down in Tampa playing golf for an eleven o’clock tee time.
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So no complaints. Ed Kaminsky: [00:02:28] Yeah that’s an easy commute isn’t it. Yeah. That is the direction to go when you want to get to some warm weather. Florida usually this time of year anywhere anytime you can get to Florida that is always a nice nice way to go. So let me ask a question you know I’m sure people have heard of Ohio but if you’ve never traveled to Columbus because there’s no reason to get there for it for your business or family or anything else what would a new playerBeing drafted or traded to Columbus. What can they expect about the community once you toss a little bit about that.Yeah I think that’s one of the the the stories that we hear the most is that we’re kind of one of those cities that kind of flies under the radar if you haven’t been here. Neil Mathias: [00:03:21] You don’t necessarily know a whole lot about it but then once you kind of start to get into it and hear what’s going on it’s kind of surprising whether you’re talking about you know economy business growth stuff there’s a ton happening and when you talk about athletes and I think it’s somewhat surprising. We’ve had a number of athletes that continue to live here while they’re playing in other cities or come back and are retiring here even after their playing careers are over multi-sport wise. Obviously NHL is the only major sport we’ve got in Columbus and no disservice to the MLS We do have a great MLS team and if you follow the MLS we just went through a really big save the crew campaign where they tried to move our soccer team and we were successful in keeping the Columbus Crew here even though the owner wanted to move it to Texas. But when you talk about the major sports NHL is our our major franchise here. We don’t have football, basketball, or baseball but you know an example is Michael Connelly who plays for Memphis has just finished building a house here in Columbus. Even though he’s playing in Memphis. James Warren just moved back to Columbus after retiring from the NFL. Jason Day is one of the top golfers in the world. He keeps his family and lives here year round. So we’ve got a lot of players who have said even though it doesn’t come up as one of those top three that you think about. It’s one of those things that there’s a ton going on from restaurants arts business. It’s just a great place to raise a family and be a part of a lot of it started. I think back in 2009 our business leaders really got together we have a group called the Columbus Partnership and it’s made up of 65 of our central Ohio CEOs and they launched what they called the Columbus 2020 initiative. And they said that even though we’re coming out of or kind of a Great Recession they said we want to create 150000 new jobs within that region. Ed Kaminsky: [00:05:58] Wow that’s a lot. Neil Mathias: [00:06:00] I wanted to do that by Yeah by 2020. And so all the companies guys the guys that we’re going to do this. And within seven years they actually reached their goal and created one hundred and sixty four thousand new jobs. And that was a seventeen point eight percent growth rate when the national growth rate was 12 and a half percent from your job. These guys should run for president. Exactly. And so I mean there’s a lot of things I think that contributed to that. I think there’s a wide diversified economy here. We’ve got you know Ohio State University is a big part of it. You know we’re the capital of the state so we’ve got you know our our government hub and center here that leads to that less. Wexler who’s the CEO of Elle brands and is on the Forbes top 150 richest people is here and the big instrumental leader in our community. So a lot of those leaders kind of all play that we’ve seen some interesting things where I don’t know if you’ve heard of a company called cover my meds but it was kind of a local startup that recently sold for one point one billion dollars and they’ve kept their headquarters here.
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BA SEBALL SPRING TR AINING BRINGS BIG BUCK S TO FLORIDA BY DAN S CHLO S SBERG | MAR 5, 2018 Baseball spring training is a big deal that involves big bucks. In Florida, home to half of the 30 major-league teams, the six-week training period from mid-February through the month of March generated $687.1 million last year. That mark, compiled by Downs & St. Germain Research of Tallahassee, figures to be even better this season now that the top four teams in the National League’s Eastern Division have made significant changes that have electrified each fan base. The Florida Sports Foundation, which sponsored the 2018 Florida Spring Training Economic Impact Study, reported that 1,497,306 fans spent $584 million while watching 237 exhibition games last spring. In addition, spring training itself created 7,152 jobs – from hotels and restaurants to ballpark ushers, vendors, and parking attendants. According to U.S. Sen. Rick Scott, who was Governor of Florida last spring, “Each year, fans from around the world come to Florida to enjoy spring training. With incredible experiences like spring training happening in Florida, our tourism industry continues to break records. Those who have never been to spring training in the Sunshine State should make that unique experience a priority for next year.” Although ballclubs that train in Arizona are closer geographically, Florida is in the process of reducing travel time from team to team. After 20 years at Disney World, the Atlanta Braves will play their last game at Champion Stadium on March 23, then complete their 2019 Florida schedule with a single game at their new ballpark in Northport, on the Gulf of Mexico not far from Charlotte and Sarasota. The main reason for the move, according to the team, was proximity to potential exhibition game rivals. The Braves considered a return to the Palm Beaches, where they played before jumping to Disney, but could not reach agreement with local officials. In their place, the Washington Nationals and Houston Astros agreed to share Fit Ballpark of the Palm Beaches, now in its third season. “We have a lot of their fans in-house,” said Gina Worobel, director of sales and marketing for Hawthorn Suites by Wyndham West Palm Beach. “A lot of
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people come down to enjoy the great weather and see their teams. The ballpark had an impact on the whole area, with lots of guests from Washington who want to escape the cold weather there. “We have fans of the Astros and Nationals in our hotel and restaurants – we see a lot of red and orange hats and T-shirts.” The 10-year-old property, which has 112 full suites, is 15 minutes from Ballpark of the Palm Beaches and 20 minutes from the older Roger Dean Stadium, the only other Florida spring training park occupied by two teams (the St. Louis Cardinals and Miami Marlins). It is also less than a half-hour from Lion Country Safari, the Atlantic Ocean, City Place, the Kravitz Center for the Performing Arts, ritzy Palm Beach, and something called the Polo Grounds – which has nothing to do with baseball. In fact, it’s polo season now too. Worobel said guests can take advantage of package deals created by the hotel and ballpark and offered on the social media pages of the Hawthorn Suites and its sister property, the Best Western Palm Beach Lakes. Both are owned by DR Palm Beach. In addition to Harper, whom they chased all winter, the Phils picked up another former MVP in Andrew McCutchen, plus shortstop Jean Segura, catcher J.T. Realmuto, and closer David Robertson. Replicas of Harper’s jersey are the hottest sellers in Clearwater, the Gulf Coast community where the Phillies train. Another NL East powerhouse, the New York Mets, are just north of the Palm Beaches in Port St. Lucie. Like the Nationals and Phillies, they spent the offseason restocking, adding infielders Robinson Cano and Jed Lowrie, catcher Wilson Ramos, and closer Edwin Diaz, among others. The Braves, surprise winners of the division title in 2018, also brought in reinforcements, namely catcher Brian McCann and third baseman Josh Donaldson, another one-time MVP, while retaining rightfielder Nick Markakis. Without better pitching, however, Atlanta will have trouble defending its title, which it won by eight games over Washington last year. Even beyond spring training, baseball brings business to South Florida. “Peak season is pretty busy,” Worobel said, “but traveling teams come in to play at the stadiums in the summer. We get a different type of clientele, including families with younger kids. We get people on vacation and people coming down to see the ballgames.” When the subtropical weather becomes oppressively hot, hotel guests often seek shelter in the air-conditioned Palm Beach outlets, an upscale collection that includes Brooks Brothers, Polo Ralph Lauren, New York & Company, Nordstrom Rack, and Sacks Fifth Avenue. That modern mall replaced the old Palm Beach Mall, which was demolished after it became outdated. For nearby hotels, that was a good thing. “We get a lot of repeat guests,” Worobel said. “A lot of them tend to come back throughout the year.” Rates are typically lower in summer, especially for midweek stays. She said some guests book spring training reservations a year ahead, while others wait until teams publish their schedules in the fall. “They want to see what teams will be playing here,” she noted. SOURCE WEBSITE:
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VOLUME 3, NUMBER 9 / DE CEMBER 2018