Embed Size (px)
Citation preview
1
2 3
Charleston’s Premier Office Opportunity in the booming upper Peninsula
ADDRESS
1080 + 1090 Morrison DriveCharleston, SC 29403
AVAILABLE SPACE
7,000 SF of retail space and 108,000 SF of office space
PARKING AND ACCESS
Over 350 spaces with attached garage
THE MORRIS CHARLESTON’S PREEMINENT OFFICE ADDRESS.
AMENITIESPrivate terraces + balconies Outdoor plazasCollaboration areas in common spaceBike room
High ceilings heights (16’ floor-to-floor)Floor-to-ceiling glassState of the art air conditioning and ventilationCast-in-place concrete construction
BUILDING FEATURES
4 5
PROJECT
PREMIER OFFICE SPACEWITH A TARGETED COMPLETION DATE OF 2021
Th
e D
raw
Walking distance to the city’s most popular restaurants and only two blocks from the planned Charleston Low Line
Modern design featuring shared amenity space, large windows for abundant lighting and spacious courtyard with grand oak and outdoor seating
Direct, easy access to attached 350-space parking garage
The Overview
The Morris is an urban development that sits squarely in the walkable amenity base of the NoMo area of Charleston’s Upper Peninsula.
This new development will feature 115,000 square feet of rentable area including 7,000 square feet of retail space.
The development’s design allows for an abundance of natural light throughout the buildings and highlights expansive outdoor areas with the exclusive feature of private and shared outdoor terraces throughout the property. The two buildings, 1080 and 1090 Morrison Drive, are connected by a spacious plaza that has extensive outdoor seating and surrounds a grand oak tree.
The modern architecture and thoughtful layout combine easy access and parking to create an ideal environment to accomplish a job of any size. Each floor of 1080, Morrison provides direct access to the 350-space attached parking garage.
6 7
CH
AR
LE
ST
ON
AC
CO
LA
DE
S
Travel + Leisure
#1 City in the U.S. for the 7th
Consecutive Year
Southern Living
“South’s Best City”, “Friendliest City”, “Prettiest City”
Conde Nast Traveler
2019 #1 Small U.S. City
MagnifyMoney
4th on “America’s Biggest Boomtowns” list
The City
Charleston, the South Carolina port city founded in 1670, is defined by its cobblestone streets, horse-drawn carriages and pastel antebellum houses, particularly in the elegant French Quarter and Battery districts. The Battery promenade and Waterfront Park both overlook Charleston Harbor, with views of Fort Sumter and the barrier islands.
Charleston’s downtown continues to attract tourists and its popularity helps the city maintain accolades. It was ranked #1 among Conde Nast Traveler’s “Best Small Cities in the U.S.” for the seventh consecutive year, and has also been named number one on Travel + Leisure’s list of “Best Cities in the U.S. and Canada” for the third consecutive year.
The visitor industry is an important and vital aspect of the region’s economy. More than 7.3 million visitors come each year to the Charleston region to enjoy the area’s history, arts and culture, beaches, golfing, shopping and dining.
Region expanding by 38 people
per day
New jobs of6,000 - 8,000
per year
Region’s population is growing 3x fasterthan U.S. Average
Inc. Magazine
50 Best U.S. Cities for Starting a Business in 2020
Forbes
Where the Jobs will be in 2020
WalletHub
2020’s Best Cities for Jobs
Inc. Magazine
The 50 Best U.S. Cities for Starting a Business in 2020
Tourism economic impact over $8 billion
per year
8 9
Arth
ur R
avenel B
ridg
e
Charleston Low Lin
e
HAMPTON PARK
Did you know? Rodney Scott of Rodney Scott’s Whole Hog BBQ was the recipient of James Beard’s “Best Chef-Southeast” in 2018
TH
E U
PP
ER
PE
NIN
SU
LA
AT
YO
UR
FIN
GE
RT
IPS
Th
e A
rea
THE MORRIS ENJOYS CONVENIENT ACCESS TO AMENITIES + MAJOR ROADWAYS
10 11
THE UPPER PENINSULA IS HOME TO NUMEROUS LOCAL CHARLESTON FAVORITES
Th
e L
ife
sty
leGOAT.SHEEP.COWTACO BOYHOME TEAMBUTCHER & BEEWORKSHOPTHE TATTOED MOOSEEDMUNDS OAST+ MANY MORE LOCAL FAVORITES
12 13
The Consumer
Median Age
43.3Median Household Income
$109,400Labor Force Participation
68%
The oldest of the major demographics of the area, these professionals lead exclusive and sophisticated lifestyles. They’re financially stable, well-educated, and environmentally active, and growing steadily.
URBAN CHIC
Within a short five-mile radius of The Morris lives a steadily growing population comprised mainly by late thirties through mid-forties aged professionals with spending power.
The majority of these consumers are married; they are all trend-driven, especially by the latest tech and eco-friendly practices. Many are taking advantage of Charleston’s robust food and beverage scene.
ESTABLISHED AND MODERN
CURRENT RETAIL SALES*
Food & Beverage
$240,519,516
Entertainment & Recreation
$206,990,334
Apparel & Services
$139,958,146
Median Age
42Median Household Income
$73,000Labor Force Participation
67%
Lovers of the arts, travel, and learning, this urban demographic, comprised mostly of married couples with no children, take advantage of readily available time and income to focus on their interests.
IN STYLE
Median Age
37.4Median Household Income
$59,200Labor Force Participation
50%
Young, mobile, and likely to rent, this group is well educated and employed. Highly connected, they dedicate time not spent using the Internet to foodie culture, wellness, travel, and entertainment.
EMERALD CITY
*Based on ESRI 2019 Forecast within 5-mile radius
14 15
The ConvenienceREACH ANYWHERE ON THE PENINSULA — AND BEYOND — IN LESS THAN 15 MINUTES
17
17
WEST ASHLEY
NORTH CHARLESTON
DANIEL ISLAND
DOWNTOWNCHARLESTON
MOUNTPLEASANT
SUMMERVILLE
DRIVE TIMES
I-26
1 min
Downtown Charleston
6 min
Mt. Pleasant
6 min
N. Charleston
9 min
Charleston Airport
13 min
West Ashley
9 min
A COMMUTER’S IDEAL SITUATION
16 17
The RegionSTRONG DEMOGRAPHICS TO SUPPORT A GROWING AREA
Divide out between page just on demos and then just convenience. businesses in the area, job growth. major employers in the area, daytime population
DOWNTOWN DEMOGRAPHICS
POPULATION2019 ESRI ESTIMATE
2019: 139,9992010: 121,1352000: 118,775
HOUSEHOLDS2024 ESRI FORECAST, 2019 ESRI ESTIMATE
2024: 64,2792019: 58,7352010: 50,833
HOUSEHOLD IN-COME2024 ESRI FORECAST, 2019 ESRI ESTIMATEAVERAGE
2024: 107,6932019: 95,218
MEDIAN
2024: 63,9512019: 56,087
MEDIAN AGE
2019: 36
CHARLESTON HAS BEEN ON THE RISE FOR YEARS DUE TO THE NATIONAL EXPOSURE, EMPLOYERS RELOCATING AND FAVORABLE CONDITIONS
CHARLESTON MSA DEMOGRAPHICS
23.5 %INCREASE IN EMPLOYMENT OVER LAST DECADE
+26,000JOBS
$1.1 BILLIONINVESTMENT FROM VOLVO CAR
355,692EMPLOYEESIN THE AREA
$316 MILLIONECONOMIC IMPACT
18 19
The Growth
HALF MILE NORH
DEVELOPMENTS ALONG THE EASTSIDE AND BEYOND
1THE MERCHANT
2FOUNDRY POINT
3LAUREL ISLAND
5995 MORRISON
6ATLANTIC 55
7MORRISON YARD
8
CIGAR FACTORY TECH CENTER THOMPSON HOTEL PACIFIC BOX & CRATE
9 10 11 12
1310 MEETING ST
123
4
5
67
8
10
11
12
17
17
HAMPTON PARK
WAGENERTERRACE
NOMO
CANNONBOROUGHELLIOTBOROUGH
ANSON-BOROUGH
9
Size
20,000 SFStatus
CompletedStyleMixed-use development
Size
231 unitsStatus
Under constructionStyleApartment community
Size
266 unitsStatus
Under constructionStyleApartment community
4
Size
175 acresStatus
ProposedStyleMixed-use community
Size
323 unitsStatus
Under constructionStyleApartmentcommunity
Size
8 acresStatus
ProposedStyleMixed-use community
Size
260 unitsStatus
ProposedStyleApartmentcommunity
Size
148,000 SFStatus
ProposedStyleMixed-use community
Size
183,020 SFStatus
CompletedStyleMixed-use development
Size
92,600 SFStatus
Under constructionStyleOffice development
Size
191 roomsStatus
ProposedStyleHotel
Size
40,000 SFStatus
CompletedStyleMixed-use development
20 21
The SiteNOMO’S NEWEST PREMIER OFFICE DEVELOPMENT
PREMIER DEVELOPMENT FEATURNG 115,000 SQUARE FEET OF RENTABLE AREA INCLUDING 7,000 SQUARE FEET OF RETAIL SPACE ALL CONNECTED THOUGH OUTDOOR TERRACES
22 23
The PlansOVERVIEW OF AVAILABLE SPACE AT 1080 MORRISON DRIVE
BUILDING 1080 FLOOR 1
BUILDING 1080 FLOOR 2
BUILDING 1080 FLOOR 3Occupant Area (30,866.25) Vertical Penetrations (1,014.34) Building Service (2,399.97)Floor Service (3,020.96) Terrace (486.17) Parking Area (21,840.10)
1080 Morrison Drive provides flexible floor plans ranging in size of 3,000 to 38,000 square feet on a single floor and provides a user up to 50,000 square feet in a contained vertical stack
Occupant Area
Parking Area
Building Service
Unenclosed Non-RSF
Floor Service
Balconies and Terraces
24 25
The PlansOVERVIEW OF AVAILABLE SPACE AT 1090 MORRISON DRIVE
BUILDING 1090 FLOOR 1
Occupant Area
Multi-Floor Service
BUILDING 1090 FLOOR 2
Occupant Area
Balcony Terrace
Suite: 1090 Unit 13,665 SF Available
Suite: 1090 Unit 23,275 SF Available with over 800 SF balcony space
26 27
The Morris Contact
REID DAVIS, CCIM, [email protected]
PETE HARPER, [email protected]
CAMERON [email protected]
LEASING INQUIRIES
NOMO’S NEWEST PREMIER OFFICE DEVELOPMENT
OFFICE & RETAIL LEASING:LEE & ASSOCIATES
GENERAL INQUIRIES:COWAN NAKIOS GROUP
PREMIER OFFICE SPACEWITH A TARGETED COMPLETION DATE OF 2021
THOMAS [email protected]
ROSS COWAN [email protected]
28
THEMORRISCHARLESTON.COM843.747.1200
1080 + 1090 Morrison Drive, Charleston, SC 29403
