Commercial Real Estate Site Profile: Chase CenterJune 10, 2019Commercial Real Estate, Site ProfileBy: Jason HolteShare: TwitterFacebookLinkedInEmailThe NBA’s Golden State Warriors have played their last game in Oakland. Let’s take a look at the property that will house their new arena, Chase Center, using LandVision™.Starting next season, the Golden State Warriors will have a new home. Designed by MANICA Architecture and developed by Clark Construction, Chase Center will be a state-of-the-art arena capable of hosting over 18,000 fans in its basketball configuration. In addition, Cushman & Wakefield is currently leasing space in an adjacent 11-acre retail and entertainment district.Chase Center Construction, August 2018The team’s move from Oakland to the San Francisco waterfront, less than a mile from Oracle Park, represents a significant shift in the Bay Area sports landscape. For commercial real estate professionals in San Francisco, the entertainment district is also an attractive opportunity for retail and dining clients who may want to capitalize on the crowds that will begin gathering at Chase Center this fall. However, presenting this opportunity to clients requires a thorough understanding of the surrounding area and its unique characteristics.We’re in the location intelligence business, so naturally we’re curious about this new site and the surrounding market. Using our map-based real estate application, LandVision, here’s what we were able to uncover about Chase Center:Chase Center Site ProfileAbout the Property:A quick address search in LandVision allows us to locate Chase Center and begin reviewing detailed property and tax information in minutes. For detailed analysis, and to present our findings, we can also generate an in-depth site profile report with a single click. Here are a few of the things that we learned about Chase Center:Property Owner: GSW Arena LLCProperty Size: 10.92 acresLot Square Footage: 475,880 sq. ft.Land Use Category: RecreationalLand Use Description: Recreational/EntertainmentCounty Use Code Description: Entertainment ComplexTotal Assessed Value: $659,966,629Property Tax: $9,247,632Tax Year: 2018Located in an Opportunity Zone? NoAbout The Surrounding Area:LandVision also gives us the ability to access detailed demographic information for the area surrounding Chase Center. Here are some of the key characteristics of the area within a one-mile radius of the new arena:Current Population: 22,173Estimated Growth: 5.12%Median Age: 36Median Household Income: $150,548Total Consumer Expenditures: $959 millionTotal Employees: 56,369Total Establishments: 2,240Learn More:LandVision enables commercial real estate professionals to research properties quickly and efficiently, giving them the power to discover off-market opportunities and win more deals. Schedule a free demo to see our commercial real estate solutions in action!