January 21, 2014 > The Globe is coming to Fremont
The Globe is coming to Fremont
Submitted By Josephy Nguyen
After completion, the Globe will be one of the largest new real estate developments in Fremont. The project is on Stevenson Boulevard, right next to Interstate 880. Total land area is 31 acres, with over 450,000 square feet of commercial retail space available for restaurants, grocery stores, spas, fitness centers, theaters, banquet halls, and other retail businesses.
The concept of the Globe first started in 2005. After a series of owners, and a failing economy, American Pacific International Capital (APIC) purchased the Globe project in late 2012.
APIC is a large real estate private equity firm headquartered in Portland, Oregon. APIC has been very active, and currently owns a diverse portfolio of landmark properties throughout the United States. Recent purchases by APIC include the KOIN Center in Portland, the Tri-County Mall in Cincinnati, Thomas Mellon Business Park in San Francisco, and five hotels in San Francisco: Hotel Metropolis, Hotel Vertigo, the Good Hotel, then Carriage Inn, and Best Western Plus Americana. With solid financial backing, and a rebounding economy, APIC believes the Globe is in a perfect position to succeed now.
The Globe concept is simple. There are many successful shopping centers throughout the San Francisco Bay Area that focus on one culture or ethnicity. The Globe combines multiple ethnicities into one shopping center, creating the first internationally-themed lifestyle and entertainment center.
The Globe will have seven different shopping districts, representing different parts of the world: Europe, Japan, Korea, China, South East Asia, India, and Pacific Island Nations. World class architects have carefully designed each district to be unique, and representative of a specific part of the world. Businesses at the Globe will celebrate culture through a diverse sampling of cuisine, fashion, art, and entertainment.
At the center of the Globe is ÒThe Heart,Ó which offers one-of-a-kind water features, interactive hardscape, and outdoor staging areas to host music festivals, art shows, fashion shows, and cultural celebrations throughout the year.
The Globe will also feature a 12-story luxury hotel with 248 rooms. The full service hotel will include conference rooms, banquet rooms, multiple restaurants, and other luxury amenities. A free BART shuttle will transfer patrons to and from the Globe and the Fremont BART station. Once complete, the hotel will be the tallest building in Fremont, and serve as a landmark along I-880.
Other features at the Globe include ÒRestaurant Row.Ó This unique area will have boutique restaurants lined on both sides of the street, all providing al fresco dining. Restaurant Row will host a Night Food Market, a FarmersÕ Market, and cooking competitions, creating an active environment at all times during the day. On site will be a 40,000 SF International Grocery Store, an art-house movie theater, and one of the largest banquet hall facilities in the Bay Area (maximum 1,000 person occupancy).
The Globe is currently under development. Phase 1 is complete, and now available for sale or lease. For more information, please visit www.theglobemall.com, or contact 510.279.4066.