THE
MAPLE SQUARE
PROPERTIES
A STRATEGIC VISION FOR
NEIGHBORHOOD-SCALE VALUE CREATION
A generational opportunity to shape a Main Street retail assemblage in the path of multifamily development.
The Maple Square project is an off-market opportunity resulting from multi-year outreach to ownership — a reflection of our long-term, trust-based strategy to acquire key parcels others can’t access.
Living in the neighborhood and engaging in civic efforts gives the project team block-level insight, from nearby multifamily development activity to the city’s plans to reinvest in the adjacent pedestrian plaza, bringing market context that outsiders often miss.
AT THE HEART OF
THE PROJECT:
A differentiated food & beverage experience centered on communal outdoor space & classic urban design.
MAPLE
SQUARE
Anchoring the project is Maple Square, where surface parking will be converted into a community square, and a deep commercial building subdivided widthwise to activate its frontage along the existing pedestrian plaza.
This intervention allows us to deliver smaller, more leasable units with higher rents per square foot while energizing one of the most visible public spaces in the district and driving rents & valuation for adjacent buildings.
The most popular neighborhoods in LA – Larchmont, Sunset Junction in Silver Lake, Abbot-Kinney in Venice, HLP along York & Fig – have one thing in common: They're centered around walkable retail corridors which would be illegal to build under our current zoning & building codes.
— Moses Kagan
President, Adaptive Realty
$200MM+ AUM
“
”
A walkable & character-rich corridor in the heart of Downtown Escondido, Grand Avenue blends historic charm, a new $15M streetscape, and residential growth at urban densities of 45-100 dwelling units per acre just steps away.
DESIGN VISION
Brick & Mortar
Americana
Caruso-Inspired
Retail Curation
East Coast
Civic Design
Indoor/Outdoor
Dining Emphasis
VALUE DRIVERS
LEVERS OF VALUE CREATION
NEIGHBORHOOD CONTROL
CAP RATE COMPRESSION
NOI GROWTH
PUBLIC-PRIVATE ALIGNMENT
CONVERTING IDENTITY INTO HARD VALUE
OUR APPROACH
NURTURING RELATIONSHIPS TO ASSEMBLE KEY DOWNTOWN PARCELS
DRIVING PERCEIVED SAFETY, VIBRANCY, & RETAIL DEMAND THROUGH DESIGN
THOUGHTFUL ASSET REPOSITIONING FOR CURATING KEY TENANTS
STRONG RELATIONSHIPS WITH CITY LEADERSHIP TO DRIVE POLICY
MAKING A DISTRICT DESIRABLE THROUGH PROGRAMMING AND CURATION
THE PARTNERSHIP
WE'RE LOOKING FOR A LIMITED NUMBER OF CAPITAL PARTNERS WHO SHARE OUR BELIEF THAT OWNERSHIP + VISION + PATIENCE YIELDS EXTRAORDINARY RESULTS.
IDEAL PARTNERS:
TARGET LONG-TERM APPRECIATION & RENT GROWTH OVER NEAR-TERM YIELD
VALUE PLACEMAKING, DESIGN, & NEIGHBORHOOD REVITALIZATION
WANT TO CO-OWN AND CO-SHAPE A DISTRICT — NOT JUST PLACE CAPITAL
Project Team
The transformation of the Maple Square Properties is a collaborative effort between the Urbn Properties team (Mitch Smith and Chris Cordova) and conceptual design studio Westpine (Mark Skovorodko).
Urbn brings hands-on experience in luxury residential renovation to the project while Westpine’s design studio specializes in shaping properties with an experience-driven and brand-focused vision.
