City of Pasadena

Broker’s Breakfast

March 2017

Presentation Outline

• Pasadena Office

• Retail, Dining, Consumer Information

• Institutional Projects

• Hotels / Visitors

• Residential Projects

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OFFICE

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KPCC - Studios

Charles Co.

Ayzenberg (on Walnut)

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Lincoln Properties (Parsons Block)

Alexandria HQ

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SHOPPING AND DINING

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SHOPPING AND DINING

Furniture and Appliance (% change yr/yr)

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SHOPPING AND DINING

Apparel Stores (% change yr/yr)

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Restaurant Sales (% change yr/yr)

SHOPPING AND DINING

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

Effective per capita Buying Power

• Pasadena is # 37 out of 126 LA and OC cities

• Pasadena is #3 out of 21 mid-sized cities

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

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HMRI Lab

Kaiser Permanente School of Medicine

Shriners Medical Center

Art Center College

of Design

Los Robles/Green

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Kaiser Permanente

School of Medicine

Art Center – South Raymond Campus Master Plan

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Art Center – South Raymond Campus Master Plan

HOTELS

Dusit D2

Kimpton

Hyatt Place

Colorado /Hill

Lake/Union +Westin, Hilton, Sheraton Renovations !

HOUSING PROJECTS

Pasadena

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21 21

New Apartments

118 unit.

212 units

131 units

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25 W. Walnut Street – Under Construction

Mixed Use Project

Construct a 5-story - 201 apartments; and

10,000 s.f. of ground floor retail

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Lincoln “ Parsons Block” (100 W. Walnut St.)

Mixed Use Project: Construct a 5-story - 450 apartments and

ground floor retail

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SpaceBank Site – Foothill Boulevard 500 units.

25 25

Condominiums SW

corner of Los Robles

and Colorado

Former Macy’s site

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New Housing – 186 New Units

Union Street and Madison (Pres. Church Parking)

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711 E. Walnut

450 S. Arroyo Parkway

747 E. Green St.

Downtown Housing

277 N. Molino Ave.

Downtown Housing

770 E. Walnut Street

700 E. Walnut Street 130 N. Fair Oaks Ave.

Office/Housing

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245 S. Los Robles. Foothill – Panda Inn

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Development Activity near Light Rail Stations

Larger Projects Completed 1994-2015 Larger Projects 2016 Construction/Planned

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

Pasadena

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Where those phones sleep at night (with apps on)

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