Q4 2023 Project Overview
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801 3rd Avenue, Seattle, WA 98104 thenetseattle.com Q4 2023 PROJECT OVERVIEW PROJECT SIZE FLOORS AVERAGE FLOOR PLATE 785,00 RSF 36 ±24,000 SF CLEAR HEIGHT RETAIL PARKING 12’10” 12,000 SF 390 Stalls LEED OUTDOOR SPACE WALK SCORE LEED Gold ±16,000 spread 99 over three levels DEVELOPER ARCHITECT LEASING 2 | thenetseattle.com Rainier Tower Site 2+U Map Marion Street Columbia Street 3rd Avenue 2nd Avenue 4 | thenetseattle.com 4 | thenetseattle.com THE NET BENEFIT Enhanced employee experience = Increased employee retention and recruitment. The Net was designed with a simple concept in mind: your business is your people. From its location in the heart of the Seattle Central Business District, with world class access and amenities, to ground breaking smart technology that responds to how you work, The Net puts the tenant-guest experience first, helping businesses attract and retain top talent in Seattle’s competitive market. 6 | thenetseattle.com SMART TECHNOLOGY For smart tech business. From the moment you enter The Net you are greeted with all the amenities you would expect in a top-tier development. The Net offers next-generation smart technology, including features that will be seen for the first time in Seattle and are currently only available in cutting-edge developments like NYC’s Hudson Yard. Through mobile apps, tenants and guests will be welcomed and seemlessly guided through virtual security screenings to their workspaces or conferences. Presentations will be launched prior to arrival, the room’s temperature adjusted to personal tastes. Most importantly, these technologies analyze millions of collected data points and will actually learn, over time, to operate even more efficiently. The Net is a vertical campus where the tenant experience has been considered from top to bottom. From the tower’s three-tiered rooftop park set 36 stories above the city to its ground floor marketplace, The Net puts experience first. Huge open floor plates let in natural light and incredible views. 8 | thenetseattle.com ICONIC ARCHITECTURE The Net will become a signature part of the Seattle skyline—visually bridging the city behind and the waterfront below. The Net and its unique exoskeleton is a nod to Seattle’s seafaring past and its technology driven future. Through its sculptural skin, light and shadow will interact with the architecture, constantly altering the look of the building. An iconic building perfect for iconic brands. 10 | thenetseattle.com THE STEPPED SKY LOUNGE Connecting water and sky in a way never before seen in Seattle. For the first time, the Seattle skyline will include a three-tiered rooftop deck soaring 36 stories above the streets with an outdoor garden and breathtaking views. At The Net, tenants and their guests can enjoy more than just views—they can actually go for a rooftop stroll. 12 | thenetseattle.com AT THE CENTER OF THE NEW SEATTLE The Maritime Building With incredible retail and walk scores. Seattle is undergoing a complete urban renewal with the demolition of the HWY 99 viaduct. For the first time in over 70 years, the city will be connected to the waterfront. The Net is perfectly positioned to take advantage of this connection to the new Seattle waterfront. Marion Street will become one of two main corridors to access pedestrian overpasses to the promenade and the ferry docks. + A widened Marion Street pedestrian bridge between Alaskan Way and Western Avenue will better connect The Mark 2 + U Federal Reserve Renovation the large volume of travelers who commute via ferry from Colman Dock to downtown. + A landscaped promenade will extend north-south along the waterfront from Pine Street to Pioneer Square, providing space for recreation, as well as landscaping that manages stormwater and showcases native plants. + Waterfront Park will be redesigned to improve access, safety, and flexibility, while offering expansive views of Elliott Bay and the Olympic Mountains. 14 | thenetseattle.com Pike Place Market Overlook Pedestrian Promenade A multi-modal transit system begins just outside the door, including Seattle’s Sound CONNECTED TO Transit system, streetcar stop, bus and bike routes. A Link Light Rail station and ferry terminals are only steps away. Whatever mode of transportation you choose to reach TRANSPORTATION The Net, its incredible light-filled public spaces will welcome and awe you. Marion Street Columbia Street 3rd Ave Bike Ferry Streetcar Future Streetcar Major Bus Lines LINK Light Rail Marion Street Pedestrian Bridge Sounder/Amtrak Car (Inbound) Car (Outbound) Renovated Ferry Terminal 16 | thenetseattle.com CONNECTED TO THE NEW WATERFRONT Pike Place Market Bluff Walk Westlake Pike Place Market Overlook Center 6 min walk Waterfront Park 15 min walk 5 min walk Pioneer Square Pike Place Marion Street Occidental Market Pedestrian Bridge Square Pedestrian Pike Place Promenade Market Expansion Waterfront Park Alaskan Way Update Renovated Pedestrian Promenade Ferry Terminal Aquarium Expansion Pier 62 Floating Dock 18 | thenetseattle.com ELLIOTT BAY Aquarium Expansion Typical THE NET High Rise Floor Plan High Rise Floor Plan Gross 24,600 sf Gross 24,600 sf Usable 20,700 sf Usable 20,700 sf SIDE-CORE Circulation Circulation main circulation main circulation MEANS MORE perimeter circulation Flexible open floorplates make usable - Efficient and direct - Allows for multiple options including square feet even more usable. perimeter circulation Why don’t more developments feature side core design? Bottom line: cost. At The Net, we have invested in side-core design because it is what today’s employee wants. More Floorplate Floorplate daylight. Better sight lines. Open, efficient, flexible floor plans. planning depth planning depth - Optimizing flexiblility - Allows for wide range of functional use and adaptability + Increase your occupancy count by 5% + Increase flexibility with expansive full floor depth + Increase penetration of natural light + Promote more workplace collaboration and productivity Connection Connection connectivity connectivity - Optimum visibility across floorplate - Fuels cultural dynamic E N S W 20 | thenetseattle.com OFFICE HUB FLOW TEST FLOOR PLATE FINANCE Increase private office and conference space. Financial and Professional Services firms can increase private office spaces that boast views of Puget Sound, the stadiums, and financial districts. Smart-tech boardrooms, video conferencing booths, and other state-of-the-art amenities help support and foster better client relationships. 22 | thenetseattle.com OFFICE FLOW HUB TEST FLOOR PLATE TECHNOLOGY Increase employee capacity, interactions, and productivity. Floor plates can be easily configured to maximize and accommodate cutting-edge tech firms. The Net offers integrated ‘smart’ technology infrastructure that supports a wide range of functions and enhanced user experiences. More space is dedicated to collaboration and other community office environments, which increases employee capacity and productivity. Game, wellness and other shared spaces offer places to relax and recharge. 24 | thenetseattle.com OFFICE FLOW HUB TEST FLOOR PLATE MEDIA/ ADVERTISING Wow clients and inspire employees. The Net’s unique side-core design allows for truly open floor plans that inspire collaboration and creativity. Increasing shared space offers spectacular views of Puget Sound to all employees and still allows for modern, must-have amenities for media and advertising firms. A multi-media theatre, music immersion lounge, and coffee bar—to name a few— heighten the employee and client experience. 26 | thenetseattle.com ABOUT URBAN VISIONS Urban Vision’s Seattle roots began over 150 years ago in Pioneer Square. A local firm that develops, owns, acquires, manages and leases high quality residential and commercial office buildings in Seattle, Urban Visions has a strong track record across all product types and founder Greg Smith has been a leader in the redesign and revitalization of downtown Seattle for over 35 years. 200 Occidental Since its founding, Urban Visions has utilized their deep local knowledge in the entitlement, development and redevelopment of over 4.5 million square feet of residential and office projects, including West Edge, a 340-unit luxury high-rise developed in 2018, and 200 Occidental, Weyerhaeuser’s corporate headquarters in Pioneer Square. With a focus on human health and transformational place- making, Urban Visions is committed to creating a vital, vibrant, and compelling future for Seattle. – 2018 NAIOP Washington Chapter Developer of the Year (Winner) – 2018 NAIOP Washington Chapter High Rise Residential Development of the Year (Finalist) – West Edge – 2018 Gray Awards Wild Card (Finalist) – West Edge Atrium – 2017 AIA Seattle Merit Award (Winner) – 200 Occidental – 2017 ENR Northwest Best Office/Retail/Mixed-Use Development (Winner) – 200 Occidental – 2016 NAIOP Washington Chapter Office Development of theYear – 200 Occidental – 2001 NAIOP Washington Chapter Developer of the Year (Winner) 28 | thenetseattle.com BUILDING SPECS SHELL & CORE SPECS LOCATION & ACCESS CONSTRUCTION TYPE VEHICLE ACCESS Perimeter brace frame structural steel with concrete on Direct access to both I-5 and I-90 on-ramps within metal deck. two blocks. CLEAR HEIGHTS BUS 12’10” clear height and 13’6” floor to the underside of the With 55 regional bus routes in the immediate vicinity, structural slab on standard floors. The Net is at the nexus of the nation’s largest transit bus FLOOR LOADS agency, serving approximately 400,000 daily commuters. The load capacity of