DOCSLIB.ORG

Apt Vs Condo

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

Brian R. O’Connor, MAI, CRE Principal, O’Connor Consulting Group, LLC 1 Housing Cycle: New Owner Demand vs. Renter Demand (Units) 2014 Renter Demand at (King and Snohomish Counties 1980-2015, Forecast 2016-2018) 15,000 11,446 Units New Owner Housing Demand Renter Demand Peaked in 2004 Peaked at 13,000 Units in 1989. at 9,300 Units Sold 2010 Renter Demand at 9,849 Units 1980s Renter Housing Boom Dot-com Spike 10,000 Owner Housing Boom/ Bubble 5,000 Forecast 0 -5,000 2008 Recession 9/11 Dip -10,000 Source: NWMLS, OCG Net Apartment Demand New Construction SF & Condo Sales Poly. (Net Apartment Demand) 2 } Pine and 2nd ◦ Developed by Equity Residential. ◦ Located at 204 Pine St in the Downtown market area. ◦ 300,000 SF tower containing 40 stories that will have 398 units. ◦ Street level retail and four levels of above grade and four levels of below grade parking (250 parking stalls). ◦ Completion date of approximately June 2017. } Kinects Tower ◦ Developed by Security Properties. ◦ Located at 1823 Minor Ave in the Belltown market area. ◦ It is a 40 story tower containing 356 units. ◦ Street level retail including a restaurant with an outside dining area. ◦ One of the project amenities is a rooftop indoor pool. ◦ Completion date of approximately April 2017. 3 } Tower 12 ◦ Developed by Continental Properties. ◦ Located at 2001 2nd Ave in the Belltown market area. ◦ It is a 34 story tower containing 314 units. ◦ Full amenity package including rooftop deck, theater room, fitness center, sauna and hot tub, and a library. ◦ 69% of the units have a water view. ◦ Completion date of approximately March 2017. Pre-leasing has begun as of February 2017. } Stratus Tower ◦ Developed by GID Development Group. ◦ Located at 901 Lenora St in the Belltown market area. ◦ It is a 41 story tower containing 396 units. ◦ Located across the street from AmaZon’s new South Campus. ◦ Completion date of approximately July 2017. 4 } Tilt 49 ◦ Developed by Touchstone. ◦ Located at 1812 Boren Ave in the Belltown market area. ◦ It is a 37 story tower containing 393 units. ◦ Also has 11 stories of office space. ◦ Completion date of approximately June 2017. } West Edge Tower ◦ Developed by Urban Visions (Greg Smith). ◦ Located at 1430 2nd Ave in the Downtown market area. ◦ It is a 39 story tower containing 340 units. ◦ The project will have a “sky bar” restaurant on the 8th floor. ◦ Completion date of approximately August 2017. 5 } Clise ◦ Developed by Clise Properties. ◦ Located at 2202 8th Ave in the Belltown market area. ◦ It is a 40 story tower containing 447 units. ◦ The project will have underground parking for 389 parking stalls and 231 bicycles. ◦ Completion date of approximately August 2017. } 970 Denny ◦ Developed by Holland Partner Group. ◦ Located at 970 Denny Way in the Lake Union market area. ◦ It is a 40 story tower containing 468 units. ◦ The project will have underground parking for 374 parking stalls. ◦ There will be 15,098 SF of retail. ◦ Completion date of approximately November 2018. 6 } Potala Tower ◦ Developed by Binjiang Tower Corp and Molasky Group. ◦ Located at 2116 4th Ave in the Belltown market area. ◦ It is a 40 story tower containing 339 apartment units and 142 hotel rooms. ◦ The project will have underground parking for 329 parking stalls. ◦ The original plans included a rooftop deck with an outdoor movie theater. ◦ Completion date of approximately November 2017. } Urban Green Villa ◦ Developed by Chainqui Development. ◦ Located at 2401 3rd Ave in the Belltown market area. ◦ It is a 12 story building containing 132 apartment units ◦ The project will have underground parking for 73 parking stalls. ◦ The building will have 4,824 S.F. of retail space. ◦ Completion date of approximately March 2019. 7 } Cyrene ◦ Developed by Mack Urban. ◦ Located at 1301 Western Ave in the Downtown market area. ◦ It is a 16 story building containing 169 apartment units ◦ The project will have parking for 130 vehicles. ◦ The building will have 3,600 S.F. of retail space. ◦ Completion date of approximately March 2017. } Greystar site II ◦ Developed by Greystar. ◦ Located at 413/425 Fairview Ave N in the Lake Union market area. ◦ It is a 24 story building containing 239 apartment units. There is also a midrise component housing an additional 181 units. ◦ The project is approximately one block from AmaZon’s main campus. ◦ The building will have 10,000 S.F. of retail space. ◦ Completion date of approximately November 2018. 8 } Columbia Pacific Tower ◦ Developed by Columbia Pacific Advisors. ◦ Located at 1001 Broadway in the First Hill market area. ◦ It is a 16 story building containing 265 apartment units. ◦ The project will have a 40,000 S.F. Whole Foods Market. ◦ The building will have 355 underground parking spaces. ◦ Completion date of approximately September 2017. 9 10 Proposed Seattle Core High Rises Property Name # of Units Type Stories Completion Martin Selig tower/Intracorp 45 C 11-story 2020 McFarlane Harrison project 292 A 25-story 2020 Modern Green/Daniels 244 A 26-story 2019 Create World/Woodpartners, 2nd and Stewart 266 A/C 40-story 2020 Denny Center Site Tower, BOSA 442 A 41-story 2020 8th Ave Mixed-use 98 A/C/H 14-story 2019 Cambria Hotel&Suites 50 H/A 15-story 2019 Mack Urban SLU 430 A 43-story 2021 Icon Tower, Laconia 400 A 43-story 2020 Vulcan Eighth 294 A 24-story 2020 80 SLU, Vulcan 80 A/O 14-story 2020 Vulcan (Westlake) 258 A 16-story 2020 Antioch site, HB management 1096 A two 40-story 2021 Vulcan (Valley Site) 218 A/O 16-story 2020 Crescent Height Towers 943 A two 39-story 2021 Tarragon SLU 158 A 15-story 2020 Selig Tower 2 330 O/A 36-story 2021 Clise Tower II, III 638 A two 40-story 2021 Rainier Square 214 H/O/A 12&59-story 2020 Jewel, 5th and Virginia, Douglaston 431 H/A 47-story 2020 11 Proposed Seattle Core High Rises Property Name # of Units Type Stories Completion 2nd and Wall, old McGuire site 283 A 24-story 2020 1800 Terry, Seawest 425 A/C 38-story 2021 Selig Tower 3, Old Federal Reserve Bldg 192 O/A 48-story 2020 Vulcan Discovery Center site 470 A/C/O 41-story 2021 H5 Capital, Old Seattle Times site 421 A 41-story 2021 Altitude/5th and Stewart, Stanford 236 H/C/A 49-story 2021 Nexus 382 Condo 40-story 2020 160 SLU 160 A 24-story 2020 Former Winter Garden Theatre 60 A 15-story 2020 129 Belltown 126 A/H 17-story 2020 Bentall Kennedy/Westbank, 3rd and Virginia 433 A 42-story 2021 Denny Site, Westbank 1050 A two 38-story 2020 Onni Block 1 843 A/C two 24-story 2020 Onni Block 2 1179 A/C two 40-story 2020 4th and Bell 354 A/C 24-story 2021 Da Li Condo Tower 168 C 15-story 2021 Vulcan (Terry Site) 368 A 16-story 2021 4th and Columbia - Crescent heights 893 H/O/A/C 100+ story 2022 N/S Over Track Dev, Civic Square 138 O/A/C 42-story 2022 2nd and Marion (Urban Visions) 160 O/A 60-story 2022 12 Proposed Seattle Core High Rises Property Name # of Units Type Stories Completion Convention Center Expansion 438 A/O 29-story 2023 Former Shilla Restaurant Site 330 A 36-story 2021 5th & Lenora, Vulcan 470 A 40-story 2021 348 SLU, Greystar 348 A 28-story 2021 8th and Pine, Fana 539 A/H 50-story 2021 Holland First Hill Tower 207 A 17-story 2019 Town Hall site, Lennar (North) 565 A two 32-story 2021 Frye Pkg lot, Westbank 440 A two 33-story 2021 Columbia Pacific Senior 237 SH 24story 2020 Alecta-Lowe/Daniels RE/Columbia site 287 A/C 30-story 2021 SFPC site, Benthall-Kennedy/Lennar (South) 300 A four 15-story 2022 Thousand 8 Expansion, 2 towers 256 A 17&15-story 2021 Totals Units Proposed 19,685 13 14 Apartment Market Balance History & Forecast - Seattle Core 5,000 10.00% 9.00% 4,500 8.00% 7.3% 4,000 6.8% 6.6% 7.00% 5.8% 6.00% 3,500 6.0% 4.9% 5.8% 5.00% 3,000 3.9% 4.3% 4.00% 3.9% 3.0% 2.8% 2.8% 2,500 3.5% 3.00% 3.6% 3.3% 2.2% 2.1% 2.1%2.9% 2.0% 1.9% 2.7% Title 2.00% 2,000 2.5% 1.00% 1,500 0.00% -1.00% 1,000 -2.00% 500 -3.00% 0 -4.00% Direct Demand New Supply Winter Vacancy Rates Summer Vacancy Rate 15 Monthly Expenses for a Condominium Buyer compared with that of an Apartment Renter 625 Square Foot Unit Apartment Renter Condo Buyer with a 30 yr. Mortgage @ 4.25% Interest Monthly Expenses Renter Monthly Expenses 20% Down 10% Down 5% Down Purchase Price $625,000 $625,000 $625,000 Total Down Payment ($125,000) ($62,500) ($31,250) Loan Amount $500,000 $562,500 $593,750 Rent/Month $2,500 Mortgage Payment $2,460 $2,767 $2,921 Utility Charges $60 HOA ($0.82/SF) $779 $779 $779 Parking $150 Taxes $792 $792 $792 Renters Insurance $20 Insurance* $67 $536 $562 Tax Savings ($525) ($591) ($623) Total Monthly Expense $2,730 Total Monthly Expense $3,572 $4,283 $4,430 Total Per SF $4.37 Total Per SF $5.72 $6.85 $7.09 Difference in Cost to Buy $842 $1,553 $1,700 Difference in Cost to Buy (per SF) $1.35 $2.48 $2.72 *Insurance for the Condo buyer includes homeowners insurance and PMI when applicable 16 Monthly Expenses for a CondoMiniuM Buyer coMpared with that of an ApartMent Renter 950 Square Foot Unit ApartMent Renter Condo Buyer with a 30 yr.
Recommended publications
  • Shigeru Ban, on Structural Design

    Shigeru Ban, on Structural Design

    Land Use Review Application File Number: FOR INTAKE, STAFF USE ONLY Qtr Sec Map(s) _____________ Zoning ______________ Date Rec _________________by ___________________ Plan District _____________________________________ Type I Type Ix Type II Type IIx Type III Type IV Historic and/or Design District ______________________ LU Reviews _____________________________________ Neighborhood ___________________________________ [Y] [N] Unincorporated MC District Coalition _________________________________ [Y] [N] Flood Hazard Area (LD & PD only) [Y] [N] Potential Landslide Hazard Area (LD & PD only) Business Assoc __________________________________ [Y] [N] 100-year Flood Plain [Y] [N] DOGAMI Related File # ___________________________________ Email this application and supporting documents APPLICANT: Complete all sections below that apply to the proposal. Please print legibly. to: [email protected] Development Site Address or Location ______________________________________________________________________________ Cross Street ________________________________________________Sq. ft./Acreage _______________________ Site tax account number(s) R R R R R R Adjacent property (in same ownership) tax account number(s) R R R Describe project (attach additional page if necessary) Describe proposed stormwater disposal methods Identify requested land use reviews • Design & Historic Reviews - For new development, provide project valuation. $______________________ For renovation, provide exterior alteration value. $______________________ AND
  • Estimating Basin Effects Using M9 and Recent Research for Tall Building Design in Seattle

    Estimating Basin Effects Using M9 and Recent Research for Tall Building Design in Seattle

    Estimating Basin Effects Using M9 and Recent Research for Tall Building Design in Seattle COSMOS Technical Session Susan Chang, Ph.D., P.E. I November 16, 2018 1 Seattle Basin Data courtesy of Richard Blakely 2 Tall Buildings in Seattle (100+ m, 328+ ft) Columbia Center Rainier Square Tower 1984, 933 ft 2020, 850 ft Russell Investments Center F5 Tower 2006, 598 ft 2017, 660 ft 1201 3rd Avenue 1988, 772 ft Smith Tower 1914, 462 ft Background Source: www.skyscrapercenter.com/city/seattle 31 buildings 31 buildings Figure from Doug Lindquist, Hart Crowser 3 March 4, 2013 Workshop Chang, S.W., Frankel., A.D., and Weaver, C.S., 2014, RePort on WorkshoP to IncorPorate Basin ResPonse in the Design of Tall Buildings in the Puget Sound Region, Washington: U.S. Geological Survey OPen-File RePort 20- 14-1196, 28 P., httPs://Pubs.usgs.gov/of/2014/1196/ • Basin amPlification factors from crustal ground motion models (amplification factors a function of Z2.5 and Z1.0) • ApPlied to MCER from PSHA for all EQ source tyPes Photo by Doug Lindquist, Hart Crowser 4 Recent Research Effect of DeeP Basins on Structural CollaPse During Large Subduction Earthquakes By Marafi, Eberhard, Berman, Wirth, and Frankel, Earthquake SPectra, August 2017 • Basin amPlification factors for sites with Z2.5 > 3 km Marafi et al. (2017) 5 Recent Research Observed amPlification of sPectral resPonse values for stiff sites in Seattle Basin referenced to Seward Park station – thin soil over firm rock 2003 under OlymPics, M4.8 outside of basin 2001 near SatsoP, M5.0 6 Recent Research Broadband Synthetic Seismograms for Magnitude 9 Earthquakes on the Cascadia Megathrust Based on 3D Simulations and Stochastic Synthetics (Part 1): Methodology and Overall Results By Frankel, Wirth, Marafi, Vidale, and StePhenson, submitted to BSSA January 2018, comPleted USGS internal review 7 USGS/SDCI March 22, 2018 Workshop Attendees Peer reviewers Geotechnical Consultants • C.B.
  • 2018 Groundhog

    2018 Groundhog

    2018 Groundhog 2018 Groundhog In This Issue: • 2017-2018 Officers……………………………………………………………………………. 3 • President’s Message………………………………………………………………………….. 4 • An Update from Membership Chair…………………………………………………… 6 • 2017-2018 Events Schedule………………………………………………………………. 7 • UW Geo-Institute Graduate Student Society (GIGSS)………………………… 8 • Obituaries…………………………………………………………………………………………. 9 • Spring Seminar and Short Course Update………………………………………… 11 • Local Firm Summaries……………………………………………………………………… 12 www.seattlegeotech.org 2 2018 Groundhog 2017-2018 Officers From Left to Right: Ty Jahn, Dila Saidin, Drew Mason, Ben Blanchete Previous Page: Mark Rohrbach Not Pictured: Brendan Cioto, Dustin Taylor PRESIDENT PRESIDENT-ELECT Ben Blanchette, P.E. Fadzilah (Dila) Saidin, PhD, P.E. Hart Crowser ILF Consultants SECRETARY TREASURER Ty Jahn, P.E. Drew Mason, P.E. Condon-Johnson & Associates Guy F. Atkinson Construction MEMBERSHIP CHAIR EDUCATION CHAIR Mark Rohrbach, P.E., G.E., P. Eng. Fadzilah (Dila) Saidin, PhD, P.E. Hayward Baker ILF Consultants PUBLIC RELATIONS CHAIR WEBMASTER Brendan Cioto Dustin Taylor Shannon & Wilson UW Graduate Student www.seattlegeotech.org 3 2018 Groundhog President’s Message Happy Groundhog’s Day and welcome to the 2018 edition of The Groundhog! The ASCE Seattle Section Geotechnical Group and Seattle Geo‐Institute Chapter (SSGG/SGIC) produces this publication annually to share group announcements, provide our member firms with a forum to share their achievements over the previous year, and discuss our group’s activities and goals. As President of the SSGG/SGIC, I get to be the face of the group – welcoming you to meetings, sending out all of the group announcements, and leading group planning meetings. However, the real work of this group is done by our officers and volunteers, and I would be remiss not to recognize them here.
  • The Regrade, Seattle, WA ABOUT MIDTOWN21

    The Regrade, Seattle, WA ABOUT MIDTOWN21

    The Regrade, Seattle, WA ABOUT MIDTOWN21 Midtown 21 is a stunning new mixed-use retail and office building designed with beautiful retail space and set in a neighborhood designed for livability. The neighborhood is rapidly evolving and becoming Seattle’s densest and most livable area. With an emphasis on walkability and the ‘live, work, and play’ mindset, the Denny Triangle is a prime target for retailers and restaurants seeking an 18-hour per day customer base. Denny Triangle seamlessly integrates Seattle’s most vibrant neighborhoods as it is at the nexus of the Central Business District, Capitol Hill, South Lake Union and the retail core. Adjacent buildings provide foot traffic from Amazon, HBO, Seattle Children’s, and more. Future adjacent development will include the $1.6B expansion of the Washington State Convention Center, Seattle Children’s Building Cure, as well as Washington’s largest hotel with over 1,200 rooms at 8th and Howell. 5,720 SF of retail divisible 365,000+ SF Class A office Seattle City Light Electrical Substation Nexus 403 units (2019) 1200 Stewart Metropolitan Park 149,309 SF retail Pho Bac MINOR AVE 336,000 SF oce 876 units Market (2019) House Corned Beef Olive Mirabella Retirement Kinects Tower Tower Apartment 366 units (2018) Apt Tilt 49 1901 Minor 307,000 SF oce(2017) + 393 units 737 units (proposed) Convention Convention Center BOREN AVE Hilton Center Expansion Garden Inn Expansion Surface Parking Jars 564,000 sf oce Juice 222 rooms Hill7 (2020) 1800 Terry 270 units (2018) Midtown 21 Building Cure 365,000 SF
  • 2.86-Acres | 124395 Sf

    2.86-Acres | 124395 Sf

    2.86-acres | 124,395 sf REQUEST FOR PROPOSALS: unique development opportunity premier seattle land site located in south lake union INVESTMENT CONTACTS: Lori Hill Rob Hielscher Bob Hunt Managing Director Managing Director Managing Director Capital Markets International Capital Public Institutions +1 206 971 7006 +1 415 395 4948 +1 206 607 1754 [email protected] [email protected] [email protected] 601 Union Street, Suite 2800, Seattle, WA 98101 +1 206 607 1700 jll.com/seattle TABLE OF CONTENTS Section I The Offering 4 Introduction Investment Highlights Site Summary Objectives and Requirements Transaction Guidelines Section II Project Overview & Development Potential 17 South Lake Union Map and Legend Project Overview Zoning Zoning Map seattle Development Considerations Development Potential Section III RFP Process and Requirements 34 Solicitation Schedule Instructions and Contacts RFP Requirements Evaluation Process Post Selection Process Disclosures Section IV Market Characteristics 50 Market Overview Market Comparables Neighborhood Summary Regional Economy Section V Appendices 74 NORTH See page 75-76 for List of Appendix Documents Copyright ©2018 Jones Lang LaSalle. All rights reserved. Although information has been obtained from sources deemed reliable, Owner, Jones Lang LaSalle, and/or their representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the property without express or implied warranties of any kind. The property may be withdrawn without notice. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement. Section I THE OFFERING 4 | Mercer Mega Block | Request for Proposals 520 REPLACE MERCER STREET LAKE UNION DEXTER AVE N ROY STREET ROY 99 NORTH Last large undeveloped site in South Lake Union | Mercer Mega Block | Request for Proposals 5 THE OFFERING INTRODUCTION MERCER MEGA BLOCK JLL is pleased to present the Mercer Mega Block, a 2.86-acre site acquisition opportunity.
  • Aecom Fomss Nasa Contract Teammates and Award

    Aecom Fomss Nasa Contract Teammates and Award

    Aecom Fomss Nasa Contract Teammates And Award ContinuedSelf-imposed and and concurring deal Judy Ethelred outpaced never her mulchporisms contrariously deeds or theatricalizing when Geof afforests resinously. his Hiralalpharmacology. te-hees inductively. Center for the Study of Education Policy at Illinois State University. If you to continuing availability and friendships begin teaching economics and safety award and innovation initiatives, while operating costs with multiple concerts. House Jag Spirit Club members are taking orders for that special Valentine gift bag. Please bring all your textbooks in order to be cleared of book fines and overdue textbooks for this year. KP Engineering received two safety awards from the Safety Council of East Texas, and the International Space Station Visiting Vehicle programs and play a leading role in human space flight for NASA and the commercial space flight community. Atomenergoprom, or curtail further performance under one or more of our major contracts, but not exercised. Eskom is seeking to dispose of. Royce has been awarded a contract by EDF Energy to carry out. City and its residents. Do you enjoy cooking, Here Yee, and past performance volumes. Design, though, managing software libraries and creating tracking builds. In this study, and subsequently drive the cost of the program upward. Evaluation and improvement of clinical, Property, small satellites doing research in the geopotential field of the Earth. On the other hand, we classify the revenue based on the nature of the ultimate client receiving the services. This planning environment is driven by changing national policies and budgets, ND. Calling all females and males interested in the Cabrillo Aquatics teams.
  • Engineering Inc. Provides Expert Analysis on All Issues Affecting the Overall Business of Engineering

    Engineering Inc. Provides Expert Analysis on All Issues Affecting the Overall Business of Engineering

    FALL 2020 INC.INC. www.acec.orgwww.acec.org ENGINEERINGENGINEERINGAWARD-WINNING BUSINESS MAGAZINE ● PUBLISHEDPUBLISHED BYBY AMERICANAMERICAN COUNCILCOUNCIL OF ENGINEERING COMPANIES WATERSHED Barge Design Solutions’ reclamation project wins big at the 2020 Engineering Excellence Awards MOMENT Spotlight on PLI Survey: Profi le Black-Owned Member Firms on ACEC Firms Survive and Thrive Colorado THE BRIGHTEST IDEAS ARE IN ASPHALT Visionary engineers and researchers are constantly innovating asphalt pavements to meet the needs of the future. They’ve created game-changing products like warm-mix asphalt and Thinlays for pavement preservation — and they’re not done yet. The industry is already working on asphalt roads built to accommodate the safe use of driverless vehicles. This commitment to innovation is paving the way for even longer-lasting, higher-performing pavements. WHEN IT COMES TO INNOVATION ASPHALT PERFORMS LEARN MORE AT WWW.DRIVEASPHALT.ORG CONTENTSFall 2020 COVER STORY 2020 ENGINEERING EXCELLENCE AWARDS The first-ever virtual Gala showcased 203 projects 18 from leading firms around the country. The Copperhill Watershed Restoration in Ducktown, Tennessee, by Barge Design Solutions in Nashville, won the 2020 Grand Conceptor Award. The ACEC Research Institute provides the industry with cutting edge trend data, research and analysis to help firm owners make decisions and arm the Council with information to advance engineering’s essential value to a broad audience. The ACEC Research Institute wishes to extend its sincere appreciation to its generous contributors As of October 15, 2020 Founder’s$1 MILLION+ PREMIER Circle P ($50,000+)ARTNERS On Behalf of Richard and Mary Jo Stanley John & Karen Carrato Joni & Gary W.
  • Seattle New Construction & Proposed Multifamily Projects

    Seattle New Construction & Proposed Multifamily Projects

    Seattle New Construction & Proposed Multifamily Projects 4Q19 ID PROPERTY UNITS 1 Ethos 494 9 Notch 158 Total Lease Up 652 22 Auburn Town Center 226 30 64th Avenue South & West Meeker Street 327 33 Traditions at Federal Way 200 35 Barton Terrace 66 49 Tukwila Village Phase II 210 53 Avalon Newcastle Commons Phase II 293 72 Vintage at Seatac 170 Total Under Construction 1,492 161 Quendall Terminals 692 162 River Run 130 173 Marques 183 174 Madison Plaza 157 189 2885 78th Avenue SE 155 Total Planned 1,317 354 Marketplace Phase II, The 354 355 Marketplace, The 331 356 Inneswood 93 357 Sammamish Town Center 414 362 7617 35th Avenue SW 50 379 Cloverdale 58 383 Thistle Court 55 384 1010 SW 122nd Street 112 385 Seatac Center Redevelopment 610 386 City Hall Redevelopment 550 387 VIA 405 270 388 Waynes Place 78 389 Kent Midway 265 390 Alexan Gateway 285 391 Auburn Gateway 500 392 Copper Gate 500 393 Legacy Plaza Senior Living 166 410 Atlas, The 98 411 Trailhead 360 415 Sunset Terrace Redevelopment Phase II 226 Total Prospective 5,375 2 mi Source: Yardi Matrix LEGEND Lease-Up Under Construction Planned Prospective a Berkshire Hathaway and Jefferies Financial Group company Seattle New Construction & Proposed Multifamily Projects 4Q19 ID PROPERTY UNITS 3 Modera Redmond 300 4 Parkside 664 8 Talisman 286 11 Blackbird 159 Total Lease Up 1,409 25 Parque Kirkland 70 27 434 Kirkland Way 173 37 Esterra Park Block 10 263 46 Alexan Central Park 193 60 Eight Eighty-Eight 158 65 Brio 258 263 16001 Redmond Way 107 68 BLU Bellevue 135 264 Avalon Redmond Campus
  • Architecture Firm with a Balance of Strong Design Aesthetics and Pragmatism

    Architecture Firm with a Balance of Strong Design Aesthetics and Pragmatism

    Profile & Experience 2020 1 Hello, WE ARE WEBER THOMPSON. 2 Our philosophy at Weber Thompson is quite simple: we seek to understand our client’s vision, to excel at teamwork, and believe that our success is predicated on helping our clients find success with projects that create value for them, their audience and the earth. Vision At the core of our design practice is our commitment to understand each client’s vision and unique criteria for success. This requires exceptional listening skills and a roll-up- your-sleeves attitude. At the launch of every project we employ these tools to pinpoint the central objectives of the project, then create a creative brief that guides the project from design development through construction and on to operations and maintenance if needed. Teamwork Our design process is based on a respect for our clients and each other as valued design team members. Designing and building a project is a group effort that requires clear communication and carefully orchestrated teamwork. Weber Thompson serves as the prime design consultant coordinating between owner, stakeholders, consultants, and contractors to create projects that exceed everyone’s expectations. Value We believe good design has value that is demonstrable: Homes that provide respite, environments that help sell ideas and products, spaces that inspire, structures that complement their surroundings and respond to context, sustainable buildings that bring lasting reward to their owners while sitting lightly on the earth. At Weber Thompson, our success comes from helping our clients find success and value in their projects. 1 2 Firm Leadership Over twenty-eight years ago, two architects struck out on their own.
  • CBD Development Pipeline

    CBD Development Pipeline

    32 33 31 39 40 2 36 MIDTOWN CENTER 37 46 45 39 5 38 72 47 38 37 57 65 68 30 34 69 56 15 17 54 35 36 64 16 34 18 63 66 60 3 21 28 17 52 33 58 29 67 1 32 61 24 23 62 31 27 13 1 12 Pike St 5 36 8 23 Pontius 43 Boren Ave9 41 39 14 2 35 37 30 3 Fairview 1 8 33 Olive Way 40 34 Boren Ave 29 12 21 42 4 Pine St 11 Terry St 22 27 University St 31 Madison Westlake Spring St 22 Seneca St 1st Ave Union St 10 38 32 13 Marion 17 28 9 26 John St 6 4 Virginia St 5 7 12 8 7th Ave 10 14 13 3 Dexter ave n 26 20 25 Stewart1st1st St AveAve 19 4 16 44 24 6th Ave 5th Ave 20 Bell St Lenora St 19 Blanchard St 4th Ave Alaskan Way Viaduct 2 3rd Ave Wall St18 11 Denny Way 2nd Ave 14 7 Battery St 6 Cedar St Vine St Alaskan Way 16 1st Ave 10 Clay St 25 Broad St Elliott Ave 7 Property Types Amazon Project Status Offi ce Amazon - Owned 1 Completed Projects Residential Amazon - Leased 1 Under Construction Mixed-UseELLIOTT BAY Amazon - In-Development 1 Planned Projects Biotech/Medical Amazon - Option to Buy Retail (or right of fi rst offer) Hotel Source: Downtown Seattle Association, Daily Journal Convention Center of Commerce, and Seattle in Progress, 2015 Development Pipeline - Central Seattle Completed Projects 10 The Martin 20 Footprint Cal Park 30 Sunset Electric 5 2nd & Pine 2105 5th Ave 1806-1812 12th Ave 1111 E Pine St 204 Pine St 1 1519 Minor Invesco Footprint Investments LLC The Wolff Company II, LLC Equity Residential 1519 Minor Ave Residential Residential Residential Residential Gerding Edlen Dvlpt Residential 11 The Pro Shop 21 Sola 24 31 Collins on Pine 6 3rd
  • Active Contracts to Be Posted On

    Active Contracts to Be Posted On

    Active Assigned Contracts Grouped by PBCA Sorted by Contract Number PBCA ID:AK800 Name: Alaska Housing Finance Corporation Contract Assigned Property Property Property Property Property Number Date Name Address City State ZIP AK020002001 11/1/2000 CHENANA APARTMENTS 5190 Amherst Drive (office) FAIRBANKS AK 99709 AK020003001 11/1/2000 Glen, The 1200 Columbine Ct Anchorage AK 99508 AK020004001 7/1/2001 EXECUTIVE ESTATES 1620 Washington Dr Fairbanks AK 99709 AK020005001 7/1/2001 PARKWEST APARTMENTS 2006 Sandvik Road FAIRBANKS AK 99709 AK020006001 7/1/2001 AYALPIK APARTMENTS 105 Atsaq BETHEL AK 99559 AK020007002 12/1/2004 COHO PARK 3601 AMALGA ST JUNEAU AK 99801 AK02M000010 11/1/2000 BAYSIDE APARTMENTS 1011 Fourth Street SEWARD AK 99664 AK02M000011 11/1/2000 LITTLE DIPPER APTS 1910 Turner St Fairbanks AK 99701 AK02M000012 11/1/2000 Chester Park Estates 1019 E 20TH AVE ANCHORAGE AK 99501 AK02M000016 11/1/2000 GRUENING PARK 1800 Northwood Dr # A Juneau AK 99801 AK02M000022 11/1/2000 BAYSIDE APARTMENTS 1011 Fourth Street SEWARD AK 99664 AK02M000023 11/1/2000 Chester Creek Estates 5814 E NORTHERN LIGHTS ANCHORAGE AK 99504 AK02R000003 11/1/2000 WOODRIDGE APARTMENTS 903 Cook Street KENAI AK 99611 AK02R000004 11/1/2000 PETERSBURG ELDERLY 16 North 12th ST PETERSBURG AK 99833 AK02T851001 11/1/2000 DAYBREAK APARTMENTS (CMI) 2080 HEMMER RD PALMER AK 99645 AK06E000005 11/1/2000 McKay Villa Apartments 3741 Richmond Avenue ANCHORAGE AK 99508 AK06L000001 11/1/2000 GRUENING PARK 1800 Northwood Dr # A Juneau AK 99801 AK06L000003 11/1/2000 NORTH WIND APARTMENTS
  • Seattle Children's Research Institute Building

    Seattle Children's Research Institute Building

    Seattle Children’s Research Institute Building 910 Stewart Street Seattle, WA 98101 Aloha St Valley St Roy St Phase 2 Mercer St Phase 1 Republican St Broad St Harrison St Clay St Thomas St Cedar St John St Vine St DENNY PARK Denny Way Seattle Children’sWall St Research Institute Building Battery St Westlake Ave 8th Ave 7th Ave 6th Ave 5th Ave Denny Way Bell St 4th Ave 3rd Ave 2nd Ave 1st Ave 20 8th & Blanchard St 19 Lenora Westlake Ave Lenora St 14 Midtown 21 SITE Virginia St Hyatt Regency8th & Howell Stewart St Olive Way Way Stewart St 400 units 2ND & PINE 400 Units Pine St CENTURY SQUARE 4th Ave Pike St 1st Ave 2nd Ave 2ND 3rd Ave 5th Ave & PIKE 6th Ave 7th Ave Katie Parsons339 units Maria Royer This electronic mail transmission may contain legally privileged, confidential information belonging to the sender. The 206-456-9471 office 206-264-0630 office information is intended only for the use of the individual or entity named above. If you are not the intended recipient, you are 425-736-5262 cell 206-619-0131 cell hereby notified that any disclosure, copying, distribution or taking any action based on the contents of this electronic mail is [email protected] [email protected] GREEN strictly prohibited. If you have received this electronic mail in error, please contact sender and delete all copies. BUILDING CITY CENTRE Union St RAINIER TWO UNION SQUARE SQUARE EXPANSION BENAROYA HALL RUSSELL MUSEUM SEATTLE ART SEATTLE INVESTMENT ONE UNION SQUARE University St Seneca St Nexus 403 units (2019) 1200 Stewart 149,309 SF retail