This is an incredibly special time for the I.D.E.A. District, as IDEA1 nears completion. Our announcement today comes from our collaboration with CBRE. If you have any questions, feel free to reach out to Erin Caffrey at 858 646 4702 or Erin.Caffrey@cbre.com.
CBRE ANNOUNCES YOUNG HICKORY WILL OPEN ITS SECOND LOCATION IN EAST VILLAGE’S IDEA1 MIXED-USE PROJECT
San Diego, CA – August XX, 2017 – CBRE announces Young Hickory, a café that offers local coffee, craft beer cans, casual breakfast and lunch options, will open its second location in IDEA1, which is situated in the I.D.E.A District of San Diego’s East Village.
CBRE’s retail experts Reg Kobzi and Michael Peterson represented the tenant and the landlord, IDEA1 Property LLC on the ten year lease. IDEA1 is a mixed-use project developed by Lowe Enterprises, LaSalle Investment Management, and I.D.E.A. Partners.
“We were excited about the opportunity to open up a second location in such a unique mixed-use building in an emerging submarket,” said Clay Summers, owner of Young Hickory. “The original concept of Young Hickory was based on my own experience—as a graphic designer I spent a lot of time in cafés which gave me an understanding of the customer’s needs of a successful coffee shop.”
Young Hickory will occupy 1,577 square feet and will be located on the corner of 13th Street and F Street. The café will be similar to their North Park location offering the same menu items. Laurie C. Fisher, a local architect who collaborated on the first space will be working on the East Village location. The space will feature roll-up doors and will have dedicated space in the HUB—the common area courtyard that connects the commercial and residential ecosystems.
“We have curated a highly desirable tenant mix that creates a distinctive, and delicious, experience for both the tenants and the community,” said David Malmuth, with I.D.E.A. Partners. “Young Hickory is a youthful and hip café that caters to the entrepreneurs and creatives who love being downtown. They are a perfect fit for our space.”
“Young Hickory was not necessarily looking to open a second location, however when we presented them with this opportunity they were very excited,” said Michael Peterson. “The East Village, more specially the IDEA1 project really reflects the café’s unique offerings and ultimately both sides agreed that it was a great fit.”
Young Hickory will be located on the ground floor and will be open from 6 A.M to 10 P.M., and will offer their full menu throughout the day. Young Hickory offers more than 30 craft beers sold only in cans, acai bowls, Panini sandwiches and Bird Rock Coffee Roasters coffee. Recently they collaborated with Mason Ale Works in creating a coffee stout beer which will be released in October and available at both locations.
The target grand opening is January of 2018.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
If you are looking to live in the most innovative live + work + create community in San Diego, welcome to IDEA1. Sign up for our Residential Interest List and get first dibs as 1&2 bedroom apartments, live/work lofts, and penthouses become available. IDEA1 opens December 1st, 2017 so don’t miss out!