CBD Development Pipeline
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Fourth & Madison Retail
FOURTH & MADISON RETAIL 925 FOURTH AVENUE SEATTLE CBD FOURTH & MADISON RETAIL 925 FOURTH AVENUE SEATTLE CBD RETAIL OPPORTUNITY IN PROPERTY DETAILS DOWNTOWN SEATTLE Fourth & Madison is a 40-story, 845,000 SF Class LOCATION 925 4th Avenue, Seattle, WA 98101 A office tower located on the southwest corner of Fourth and Madison with a built-in customer AREA RETAIL - 2,053 sq. ft. base of over 3,000 employees officing above. RENT $35.00 per sq. ft. + NNN This retail opportunity is in the heart of the Seattle CBD with co-tenants K&L Gates, Disney, NNNS $10.95 per sq. ft. GE, Deloitte, and UBS. TENANT Negotiable • 2,053 SF currently vented for Type II hood IMPROVEMENT ALLOWANCE with potential to convert to Type I. • Superior visibility with frontage on Madison TIMING Available Now and 4th Avenue. Approximately 21,500 cars drive by this intersection daily. • Ideal tenants include coffee, specialty food use or service-oriented retail. RETAIL FLOOR PLAN MADISON STREET 4TH ANENUE OUTDOOR SEATING RETAIL 2,053 RSF N 2015 EST. DEMOGRAPHICS 1/4 Mile 1/2 Mile 1 Mile POPULATION 3,611 14,931 47,387 DAYTIME POPULATION 49,022 127,175 209,966 AVE. HH INCOME $81,871 $59,366 $57,994 2014 TRAFFIC COUNTS MADISON STREET 10,000 VPD THIRD AVENUE 10,300 VPD FOURTH & MADISON 1201 Third 857 Empl. 5,604 1200 3rd Financial Employees Center 1,810 Empl. 925 FOURTH AV Seneca St 78 Rooms Starbucks 2nd & Spring Bldg. Seattle Hotel ENUE 777 Employees 426 Rooms Employees W Hotel 1111 Third 1122 3rd 1,064 Empl. -
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. -
Major Offices, Including T- Mobile’S Headquarters Within the Newport Corporate Center, Due to Its Easy Access Along the I-90 Corridor
Commercial Revalue 2018 Assessment roll OFFICE AREA 280 King County, Department of Assessments Seattle, Washington John Wilson, Assessor Department of Assessments King County Administration Bldg. John Wilson 500 Fourth Avenue, ADM-AS-0708 Seattle, WA 98104-2384 Assessor (206)263-2300 FAX(206)296-0595 Email: [email protected] http://www.kingcounty.gov/assessor/ Dear Property Owners, Our field appraisers work hard throughout the year to visit properties in neighborhoods across King County. As a result, new commercial and residential valuation notices are mailed as values are completed. We value your property at its “true and fair value” reflecting its highest and best use as prescribed by state law (RCW 84.40.030; WAC 458-07-030). We continue to work hard to implement your feedback and ensure we provide accurate and timely information to you. We have made significant improvements to our website and online tools to make interacting with us easier. The following report summarizes the results of the assessments for your area along with a map. Additionally, I have provided a brief tutorial of our property assessment process. It is meant to provide you with background information about the process we use and our basis for the assessments in your area. Fairness, accuracy and transparency set the foundation for effective and accountable government. I am pleased to continue to incorporate your input as we make ongoing improvements to serve you. Our goal is to ensure every single taxpayer is treated fairly and equitably. Our office is here to serve you. Please don’t hesitate to contact us if you ever have any questions, comments or concerns about the property assessment process and how it relates to your property. -
Major Office (Specialty Area 280)
Major Offices Specialty Area 280 Commercial Revalue for 2020 Assessment Roll Department of Assessments Setting values, serving the community, and pursuing excellence 500 Fourth Avenue, ADM-AS 0708 Seattle, WA 98104-2384 OFFICE (206) 296-7300 FAX (206) 296-0595 Email: [email protected] http://www.kingcounty.gov/assessor/ Department of Assessments 1 Department of Assessments 500 Fourth Avenue, ADM-AS-0708 John Wilson Seattle, WA 98104-2384 OFFICE: (206) 296-7300 FAX (206) 296-0595 Assessor Email: [email protected] http://www.kingcounty.gov/assessor/ Dear Property Owners, Our field appraisers work hard throughout the year to visit properties in neighborhoods across King County. As a result, new commercial and residential valuation notices are mailed as values are completed. We value your property at its “true and fair value” reflecting its highest and best use as prescribed by state law (RCW 84.40.030; WAC 458-07-030). We continue to work to implement your feedback and ensure we provide you accurate and timely information. We have made significant improvements to our website and online tools to make interacting with us easier. The following report summarizes the results of the assessments for your area along with a map. Additionally, I have provided a brief tutorial of our property assessment process. It is meant to provide you with background information about our process and the basis for the assessments in your area. Fairness, accuracy and transparency set the foundation for effective and accountable government. I am pleased to continue to incorporate your input as we make ongoing improvements to serve you. -
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. -
Downtown Seattle
Commercial Revalue 2015 Assessment Roll AREA 30 King County, Department of Assessments Seattle, Wa. Lloyd Hara, Assessor Department of Assessments Accounting Division Lloyd Hara 500 Fourth Avenue, ADM-AS-0740 Seattle, WA 98104-2384 Assessor (206) 205-0444 FAX (206) 296-0106 Email: [email protected] http://www.kingcounty.gov/assessor/ Dear Property Owners: Property assessments for the 2015 assessment year are being completed by my staff throughout the year and change of value notices are being mailed as neighborhoods are completed. We value property at fee simple, reflecting property at its highest and best use and following the requirement of RCW 84.40.030 to appraise property at true and fair value. We have worked hard to implement your suggestions to place more information in an e-Environment to meet your needs for timely and accurate information. The following report summarizes the results of the 2015 assessment for this area. (See map within report). It is meant to provide you with helpful background information about the process used and basis for property assessments in your area. Fair and uniform assessments set the foundation for effective government and I am pleased that we are able to make continuous and ongoing improvements to serve you. Please feel welcome to call my staff if you have questions about the property assessment process and how it relates to your property. Sincerely, Lloyd Hara Assessor Area 30 Map The information included on this map has been compiled by King County staff from a variety of sources and is subject to change without notice. -
Facilities Maintenance Employers - USA
www.Jobcorpsbook.org - Facilities Maintenance Employers - USA Company Business Street City State Zip Phone Fax Web Page Neighborworks Anchorage 480 West Tudor Road Anchorage AK 99503 (907) 677-8490 http://www.nwanchorage.org Southside Seniors 9480 Morningside Loop Anchorage AK 99515 (907) 522-6393 Birchwood Homes 1066 Turnagin Loop Fairbanks AK 99701 (907) 356-1616 http://www.birchwoodhomesak.com River Point Village 2595 Chief William Drive Fairbanks AK 99709 (907) 374-1642 Alaska Housing Finance Corporation 3410 Foster Avenue Juneau AK 99801 (907) 586-3750 (907) 463-4967 http://www.ahfc.state.ak.us Bayview Terrace 309 Erskine Kodiak AK 99615 (907) 486-4733 Weeks Apartments 217 W 2nd Avenue Nome AK 99762 (907) 443-3194 Marine View Apartments 1306 N Nordic Petersburg AK 99833 (907) 772-2330 TrimPro llc 2149 CHURCH RIDGE DR. Wasilla AK 99654 (907) 299-0850 (907) 373-7811 Adams Crossing 73 Angela Circle Albertville AL 35951 (256) 894-7500 Greystone 1655 Creekwood Trail Auburn AL 36830 (334) 705-0173 (334) 740-0647 http://www.thegreystonemansion.com Lemans Square Apartments 560 Perry Auburn AL 36830 (334) 821-9192 http://www.lemanssquare.com Flint Hill Pointe Apartments 600 Flint Hill Lane Bessemer AL 35022 (205) 425-1919 Ahepa 3 Senior Apartments Service 3320 Old Columbiana Road Birmingham AL 35226 (205) 978-8809 Branchwater Apartments 901 Old Forest Rd. Birmingham AL 35243 (888) 259-6074 Eagle Ridge Apartments One Eagle Ridge Drive Birmingham AL 35242 (888) 305-9599 Emerald Pointe Apartments 2149 Emerald Pointe Drive Birmingham AL 35216 -
20000 SF+ Non-Residential Multifamily Buildings
Seattle Energy Benchmarking Ordinance | 20,000 SF+ Non‐Residential Multifamily Buildings ‐ Required to Report Dec 2015 Data IMPORTANT: This list may not indicate all buildings on a parcel and/or all buildings subject to the ordinance. Building types subject to the ordinance as defined in the Director's Rule need to report, regardless of whether or not they are listed below. The Building Name, Building Address and Gross Floor Area were derived from King County Assessor records and may differ from the actual building. Please confirm the building information prior to benchmarking and email corrections to: [email protected]. SEATTLE GROSS FLOOR BUILDING NAME BUILDING ADDRESS BUILDING ID AREA (SF) 1MAYFLOWER PARK HOTEL 405 OLIVE WAY, SEATTLE, WA 98101 88,434 2 PARAMOUNT HOTEL 724 PINE ST, SEATTLE, WA 98101 103,566 3WESTIN HOTEL 1900 5TH AVE, SEATTLE, WA 98101 961,990 5HOTEL MAX 620 STEWART ST, SEATTLE, WA 98101 61,320 8WARWICK SEATTLE HOTEL 401 LENORA ST, SEATTLE, WA 98121 119,890 9WEST PRECINCT (SEATTLE POLICE) 810 VIRGINIA ST, SEATTLE, WA 98101 97,288 10 CAMLIN WORLDMARK HOTEL 1619 9TH AVE, SEATTLE, WA 98101 83,008 11 PARAMOUNT THEATER 901 PINE ST, SEATTLE, WA 98101 102,761 12 COURTYARD BY MARRIOTT ‐ ALASKA 612 2ND AVE, SEATTLE, WA 98104 163,984 13 LYON BUILDING 607 3RD AVE, SEATTLE, WA 98104 63,712 15 HOTEL MONACO 1101 4TH AVE, SEATTLE, WA 98101 153,163 16 W SEATTLE HOTEL 1112 4TH AVE, SEATTLE, WA 98101 333,176 17 EXECUTIVE PACIFIC PLAZA 400 SPRING ST, SEATTLE, WA 98104 65,009 18 CROWNE PLAZA 1113 6TH AVE, SEATTLE, WA 98101 -
Retail for Lease
Retail for Lease Laura Miller 206.351.3573 | mobile INSIGNIA | 2301 6th Avenue | Seattle, WA [email protected] OVERVIEW A signature development by renowned developer, Nat Bosa, Insignia represents modern architecture, sophisticated style and unprecedented amenities, all coming together in the city’s most central location. Insignia is Seattle’s premier condo project and encompasses an entire city block and includes 26,000 square feet of street level retail space as well as two 41-story residential towers with 707 luxury condo units. Located on the site bounded by 5th Avenue, Battery Street, 6th Avenue and Bell Street in Seattle’s Belltown neighborhood. Insignia is located 1 1/2 blocks north of the Amazon “Spheres” campus, which includes over 4 city blocks comprising 3.3 million square feet of office space. Insignia is located in the heart of Seattle where Downtown, Belltown and South Lake Union intersect - merging a sense of chic cosmopolitan city with the fabric and personality of character-filled neighborhoods. It’s incredibly unique, walkable, connected and adventurous. This is all complemented by the onsite retail that anchors the ground floor of Insignia, adding downstairs convenience and furthering the neighborhood’s vibrant streetscape appeal. Belltown is one of Down- town’s fastest growing neighborhoods with beautiful new developments pushing it forward. This vibrant area seamlessly integrates professional and residential communities with restaurants, bars, unique shops and public parks, all connected via the Seattle Streetcar line. Insignia is located just two blocks north of “The Spheres” Amazon campus, comprising 3.3 million square feet of office space, and one block from City University, with ease of access to Highway 99, public transportation and the downtown core. -
Seattle Office Market Data for the First Quarter of 2016
Seattle Office 600 University Street, Suite 2220 Seattle, Washington 98101 Commercial Real Estate Services broderickgroup.com SEATTLE OFFICE MARKET OVERVIEW First Quarter 2016 DOWNTOWN SEATTLE OFFICE MARKET STATISTICS Entire Seattle Market # of buildings w/ 50,000 SF or more of contiguous Total SF: 53,760,829 Qtr Change YTD Change available space within Vacant SF: 3,545,443 each category Vacant %: 6.59% ( -0.52%) ( -0.52%) Asking Rates: $35.36/SF, G ( +$0.00) ( +$0.00) Entire Seattle Market Absorption Qtr: 533,619 SF Absorption YTD: 533,619 SF Class A Buildings 15 Total SF: 34,876,090 Vacant SF: 2,299,700 Qtr Change YTD Change Class A Buildings Vacant %: 6.59% ( -1.03%) ( -1.03%) Asking Rates: $40.28/SF, G ( +$0.41) ( +$0.41) Absorption Qtr: 509,901 SF 10/ Absorption YTD: 509,901 SF 15 Class A CBD Class A CBD Total SF: 18,844,936 Vacant SF: 1,211,539 Qtr Change YTD Change Vacant %: 6.43% ( -1.90%) ( -1.90%) 5/ Asking Rates: $40.66/SF, G ( +$0.59) ( +$0.59) 15 Absorption Qtr: 354,152 SF Absorption YTD: 354,152 SF Class A+* Class A+ * Total SF: 6,102,368 Vacant SF: 408,583 Qtr Change YTD Change 1 / Vacant %: 6.70% ( -1.14%) ( -1.14%) 15 Asking Rates: $44.00/SF, G ( -$0.29) ( -$0.29) Absorption Qtr: 94,307 SF Absorption YTD: 94,307 SF Two Union Square, US Bank Centre, Fourth & Madison, 1201 Third Avenue, * broderickgroup.com | pg. 2 Russell Investments Center, 1918 Eighth, West 8th SEATTLE OFFICE MARKET OVERVIEW First Quarter 2016 SIGNIFICANT LEASES Significant Leases LEASING ACTIVITY Quarter Tenant Building Submarket Size (SF) Significant leases in the Seattle area for the First Quarter were Q1 2016 Google 625 Boren Lake Union 607,000 dominated by technology market movers leasing space in both existing and future space. -
Central Building Downtown Seattle Central Building Downtown Seattle
CENTRAL BUILDING DOWNTOWN SEATTLE CENTRAL BUILDING DOWNTOWN SEATTLE Coworking / Gathering Space Restaurant / Entertainment Space RETAIL The Central Building oers a rare opportunity to lease 8,000 contiguous square feet of street-level retail space downtown. At the corner of 3rd and Columbia, the space has been renovated to expose its cathedral ceilings with expansive volume and stunning original and modern interior. The mezzanine adds dramatic dimension creating an inviting social experience set under new skylights that illuminate the space. This newly imagined space with its flexible open layout is perfect for culinary , entertainment social gatherings . CENTRAL BUILDING DOWNTOWN SEATTLE 115K NEIGHBORHOOD EMPLOYEES WITHIN 6 BLOCK RADIUS PROFILE Downtown Seattle is the central driving force for the vitality of the city, state and region. It is among the top international centers for commerce, development and culture. With a growing global health and philanthropic community, Downtown Seattle boasts 30 parks, a focus on environmental sustainability, state-of-the-art venues for conventions, professional sports, art and cultural events, along with a variety of retail and dining options. Downtown Seattle draws a diverse cross section of workers and visitors from around the globe to experience this one-of-a-kind urban setting. Central Building is positioned in the heart of the financial district of the urban core with over 28 million square feet of office space and 115,000 employees within a 6-block radius. There is an additional 2.9 million square feet of office planned $2.8B or under construction in the immediate area with the addition of Rainier Tower and 2&U. -
Landlords, Tenants Join Forces to Fight Mandatory Inspections by John R
DECEMBER 2018 4 Ways to Make Rentals Landlord Hank Addresses Prepare Your Property More Senior-Friendly Holes in Story and in Walls and Residents for Winter Page 7 Page 10 Page 17 www.rentalhousingjournal.com • Rental Housing Journal, LLC Mailed Monthly To Puget Sound Apartment Owners, Property Managers & Maintenance Personnel Published in association with Washington Association, IREM & Washington Multifamily Housing Association Landlords, Tenants Join Forces to Fight Mandatory Inspections BY JOHN R. TRIPLETT dirty work when a tenant says no to an inspection,” Peccola said in the release. Landlords and tenants in Seattle have filed a class action lawsuit challenging the “The city has never attempted to get a city’s use of warrantless mandatory rental warrant—that would mean forcibly entering inspections, according to a release from the over the objections of people the law was Institute for Justice. meant to help—so instead it fines landlords upwards of $500 per day until they can The lawsuit, which was filed in King coerce their tenants to allow the inspection. County Superior Court, argues that the The city is essentially fining landlords for city’s program is a clear violation of the refusing to violate their tenants’ privacy.” Washington state constitution’s mandate 6 Appealing that “no person shall be disturbed in to open up their homes to government This lawsuit does not seek to stop the his private affairs, or his home invaded, inspectors when nothing is wrong inside,” city from inspecting rental units where the without authority of law.” Yet, in Seattle, Maurer said. “The lawsuit seeks to do tenants agree to the inspection or keep the Features for that is exactly what happens when the city one simple, but important, thing—allow city from addressing problem properties.