501 Colorado Ave
Santa Monica, CA 90401
505 Colorado Avenue · Property For Lease
·
86,884 SF
About the Property
-Courtyard Marriott and the Hampton Inn and Suites ground floor retail opportunity -Designed by the renowned Santa Monica architectural firm, Gwynne Pugh Urban Studio, the project includes two separate hotels with 279 hotel rooms and ±5,000 SF of retail space -OTO Development, an accomplished and award winning developer and operator, is developing the two hotels -Prime Retail/Fitness spaces for lease -Base Rent: Available Upon Request -Parking: Retail parking on-site; 10 public parking structures (±5,439 parking spaces) within 2-4 blocks; ±1,861 parking stalls at Santa Monica Place; ±281 spaces at the Santa Monica Pier; ±975 spaces at the Civic Center; ±525 spaces at the Santa Monica Public Library -Located in the heart of Downtown Santa Monica -The project fronts the new Expo Line and is located just steps from Santa Monica' s Third Street Promenade, The Santa Monica Pier, and the Central Business District -Just off of the 10 freeway and steps from the Pacific Ocean, the hotels are within convenient walking distance to the finest shopping, dining, hotels, entertainment, outdoor recreation, and attractions that Santa Monica and Southern California have to offer -Santa Monica State Beach, the world famous Santa Monica Pier and Pacific Park, Third Street Promenade (with over 500 shops and restaurants), the newly renovated Santa Monica Place (±447,788 SF of retail/restaurant space; anchored by Nordstrom' s and Bloomingdale' s), Tongva Park, Ken Green Square, The Village at Santa Monica, Fred Segal, and Main Street (which features a unique and eclectic collection of restaurants, bars, boutiques, and cafes) the historic Sana Monica Civic Auditorium, the Downtown Civic Core and Business District, Shutters, Casa Del Mar, and Lowes Beach Hotel are all within easy reach
Property Facts
| Property Type | Hospitality | Building Size | 86,884 SF |
| Property Subtype | Hotel | Year Built | 2017 |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Size | 86,884 SF |
| Year Built | 2017 |
Features and Amenities
- Balcony
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Digital key
Sustainability
Sustainability
LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighborhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
