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Home , Cal Anderson Park, Capitol Hill station, DocuSign Tower, First Hill Streetcar, Lake Union, Lincoln Park (Seattle)

OFFERING MEMORANDUM

Capitol Hill Development Opportunity N

Broadway E E Mercer E CBD LINE Capitol Hill CAPITOL HILL LINK STATION First Hill

14th Avenue E 1. Offering Summary • Executive Highlights • Investment Overview

2. Location Overview

3. Property Maps & Aerials

4. Community Description

5. Unit Mix & Floor Plans

All renderings property of b9 Architects

01

Offering Summary Executive Highlights Investment Overview

Offering Summary

EXECUTIVE HIGHLIGHTS

20-unit development site in North Capitol Hill

Spacious one-bedroom homes

Building amenities include a central courtyard, backyard green space, and

rooftop deck

Designed to achieve 4-Star Built Green certification

Located in Capitol Hill’s identified Urban Center Village, adjacent to prestigious Harvard Belmont historic mansion district

High barrier-to-entry location: challenging neighborhood review board

Within blocks of Capitol Hill’s Station

Walking distance to Seattle CBD, Fortune 500 companies, restaurants, boutiques, grocery stores, coffee shops, bars, and music venues

Five blocks from popular Avenue shops, dining, and entertainment

Three blocks south of 48-acre and Asian Art Museum

89 $131,932 3.8% WALK EST AVG HOUSEHOLD SUBMARKET SCORE INCOME BY 2022 VACANCY RATE

614 13th Ave E Development Site 7 DEVELOPMENT HIGHLIGHTS

6,000 square foot site zoned LR3

40 foot height limit in Capitol Hill Urban Center Village

Building permits expected by Q2 2018

Master Use Permit in-place

100% of construction drawings complete

Thoughtfully designed exterior compliments neighborhood by blending old with new: brick façade and steel panels

Amenities include rooftop deck, central courtyard maximizing natural light, and bike parking

Contemporary entry off 13th Avenue East

Front porch with planters and bench seating

Centrally located elevator and stairwell

One-bedroom homes

Efficient floorplans averaging ±614 square feet

Built Green 4-Star Certification: allows for water, energy, and materials efficiency; 33% more energy efficient

Private balconies or Juliets for each home

20 bicycle parking stalls

8 614 13th Ave E Development Site INVESTMENT OVERVIEW

This 20-unit development opportunity is located in Seattle’s most coveted neighborhood, Capitol Hill. Situated between the trendy Pike / Pine Corridor and the prestigious Harvard Belmont Landmark District, Capitol Hill is one of the oldest and most desired neighborhoods in State.

Known for its lively nightlife, trendy eateries, and boutique shops, Capitol Hill is a hub for everything that is exciting about Seattle. Residents are within walking distance to the Central Business District, South Lake Union, First Hill, and future Yesler Terrace employment hubs. Additionally, mass transit options within half a mile of the development site are Property Overview unparalleled. The Seattle Streetcar, Link Light Rail, Metro buses, and bike sharing programs offer convenient access to adjacent neighborhoods, regional, and interstate destinations. 614 13th Avenue E Address Seattle, WA 98102 Parcel Number 685170-0040 Transit-Oriented Development LR3 614 13th Avenue East is located less than one mile from the new Capitol Hill Light Rail station and Number of Units 20 future Broadway and Pike Streetcar stop, lending itself to an ideal Transit-Oriented Development

(T.O.D.) opportunity. T.O.D. sites appeal to Seattle and Capitol Hill demographics. Residential NRSF ±12,536 Site Area 6,000 SF (0.14 acres) The newest Light Rail stations opened in 2016 at the and Capitol Hill. Bike Parking 20 stalls These new stations have shifted the way thousands of people in the Seattle area commute. estimates ridership has jumped roughly 50% in the past four years, to about Permit Status Building Permits In-Process 65,000 weekday commuters, with UW and Capitol Hill stations accounting for roughly one-fourth of daily average totals. By 2022, Sound Transit estimates that an average of 129,100 people will use Link Light Rail each weekday; nearly doubling the current daily average.

Benefits of Transit-Oriented Development

Reduce dependence 57% on driving 46% Allow residents to live, work, and play in the same area Reduce the area’s carbon footprint or 44% negative impact on the environment 43% Provide access to better life services

43% Stimulate the local economy Provide better access between urban 42% and suburban areas 39% Provide access to better entertainment or recreational services 37% Provide access to better jobs

Revitalize urban areas 30% ©2016 HNTB Companies TRANSIT-ORIENTED DEVELOPMENT Building Features

(T.O.D.) The site plans for 614 13th Avenue East are comprised of 20 homes with a mix of studio and one-bedroom homes with floorplans averaging ±614 square feet. The building is made up of six T.O.D. projects appeal to single and two-person households: floors with one sublevel and five above ground floors. The building is served by a central Capitol Hill demographic elevator and stairwell.

T.O.D. projects experience higher rent growth, outpacing the Common area amenities include a central outdoor courtyard which allows for the maximum national average 2.3 to 1 amount of natural light to access the homes, a rooftop deck, and a backyard green space. 20 bike stalls are available for residents’ use on the bottom floor. 60% of all new construction projects nationally are T.O.D.

Residents save an estimated $4,000 to $5,000 per year Built Green Certification in expenses living in T.O.D. buildings Current building plans have been drawn to achieve a 4-Star Built Green certification for the Vehicle miles traveled are down 25% nationally since 2001 building. Built Green is the second-largest residential building program in the country, created with 16 to 34-year-olds relying more on mass transit as a partnership of the Master Builders Association of King and Snohomish Counties to set standards of excellence that can make a significant impact on housing, health, and the Link Light Rail ridership is up 15% from the previous year environment. The program certifies green homes and communities with a tiered rating system and holistic checklist. Link Light Rail connects Washington State’s three most densely populated neighborhoods: Downtown, Capitol Hill, U-District Built Green homes provides their residents with comfortable, durable, and environmentally- friendly homes that are cost-effective to own and operate. Built Green construction is crafted to Light Rail connects to and Sounder trains, with direct exceed building codes and provide owners and renters with years of healthy, quality living, while access to SeaTac Airport, Portland, and Vancouver B.C. promoting sustainable communities and protecting the environment.

Seattle Streetcar serving South Lake Union and First Hill, Seattle residents are known to be environmentally conscious; in fact, an environmental report with future connectivity through and along released by the City of Seattle in April 2017 shows that city residents have worked to decrease Broadway in Capitol Hill

Downtown Seattle bikeshare programs have over 1,000 bicycles

All modes of public transit have increased ridership of 7% from the previous year

Sources: CoStar, TOD Index, Central Transit Council, Zillow.com, NCSL, GeekWire

10 614 13th Ave E Development Site their energy usage in homes by 8% since 2008. The report also found that 23% less waste has been sent to landfills since 2008, and 60% of that waste is recycled or composted. These initiatives matter to Seattle with residents seeking out environmentally conscience rentals. A

Built Green 4-Star energy rating appeals to the Seattle resident demographic as another way to Street Mercer E reduce their ecological footprint and lower energy bills without sacrificing modern amenities and location.

Investment Strategy & Target Demographic 13th Avenue E Capitol Hill has been experiencing an influx of successful development of private and public projects including trendy new restaurants, boutiques, breweries, nightlife and coffee shops, and transit amenities which continue to enhance the area and improve property values.

The development’s location presents the opportunity in one of Seattle’s elite neighborhoods. The neighborhood in which 614 13th Avenue East is located continues to be a high barrier-to- entry location which appeals to an affluent and stable resident demographic. With Seattle home sales at record highs, Capitol Hill home values average $630,400 according to Zillow.com and are estimated to increase another 6.2% within the next year. The adjacent Harvard Belmont Landmark District is home to some of the most expensive houses in the Pacific Northwest, with price tags up to $10 million.

The location of this 20-unit site is well positioned to appeal to young professionals seeking modern and efficient well-designed spaces within walking distance to shopping, dining, and entertainment. The area appeals to residents who work for companies such as Amazon, The Gates Foundation, Microsoft, and Nordstrom with industries ranging from biotechnology, finance, and medical. The neighborhood’s close proximity to the downtown core, Light Rail Station, and future Seattle Streetcar stop will continue to draw residents to the neighborhood for years to come. 15th Avenue E

Proposed Unit Mix

UNIT LOCATION # OF UNITS Lower Level 2 First Level 4 Second Level 4 Third Level 4 Fourth Level 4 Fifth Level 2 TOTAL 20

614 13th Ave E Development Site 11 50-Yard Line Location

Capitol Hill is one of Seattle’s top neighborhoods

Centrally located between Pike / Pine Corridor and prestigious Harvard Belmont Landmark District

Capitol Hill has the lowest historical vacancy in Washington State

WalkScore of 89: Walker’s Paradise

Transit Score of 76: Excellent Transit

12 minute walk to Capitol Hill Light Rail Station; five block walk to Seattle Streetcar stop

Light Rail links to University of Washington, five minute ride from Capitol Hill

Five blocks from main thoroughfare Broadway Avenue: dedicated bicycle lanes

Over 100 restaurants within one mile of the development site

Three blocks from 48-acre Volunteer Park and Conservatory

Half a mile from Cal Anderson Park: voted top 12 urban park by Forbes.com

Central Seattle Community College and within one mile

Medical epicenter: Swedish Medical, Virginia Mason, Harborview Medical, Polyclinic, and Kaiser Permanente located within two miles

Within two miles of Seattle CBD, Amazon’s World Headquarters, and South Lake Union life science hub

Other major employers nearby: Dropbox, Facebook, Fred Hutch Cancer Research, Gates Foundation, Google, Nordstrom, Redfin, Tableau, UW Medical Research, Zillow

12 614 13th Ave E Development Site N LOWELL ELEMENTARY FUTURE SEATTLE FUTURE SEATTLE STREETCAR LINE SEATTLE CBD SEATTLE CAPITOL HILL LIGHT RAIL STATION CAL ANDERSON PARK

12th Avenue E

13th Avenue E N FIRST HILL PIONEER SQUARE BELLEVUE CAL ANDERSON PARK SEATTLE CBD SEATTLE SOUTH LAKE UNION 670,000 SF by 2019 LAKE UNION SILICON CANAL by 2019 14 614 13th Ave E Development Site 4,500 employees MAJOR SEATTLE EMPLOYERS

Walking distance to Seattle CBD: nearly 300,000 jobs

Downtown Seattle adding an average of 25 new jobs per day

4.1 million square feet of office space under construction in Seattle CBD; 47% pre-leased

Amazon’s World Headquarters in Seattle currently expanding to over 13 million SF by 2019: capacity for 72,000 employees BALLARD Amazon’s growth has turned Seattle into the biggest company town in America

Over 100 tech companies with engineering offices in Seattle

Google expanding to 607,000 SF South Lake Union campus by 2019 QUEEN ANNE Facebook added 2,000 employees in 2016 at their new SLU location; Seattle footprint of nearly 1 million SF

Bill & Melinda Gates Foundation: most significant global health organization CAPITOL HILL in the world; current endowment of $40.3 billion

South Lake Union has become a life science employment hub and is one of the fastest growing centers in the nation

SEATTLE CBD Fred Hutchinson Cancer Research Center receives more funding from the National Institute of Health than any other independent U.S. Research Center

Expedia relocating to 40-acre campus in Seattle by 2019 with 4,500 employees

Bullitt Center in Capitol Hill is the greenest commercial building in the world; 50,000 SF of office space one mile from the development site Other industry leaders currently expanding in Seattle include Apple, Facebook, F5, and Google

614 13th Ave E Development Site 15 STRONG REGIONAL FUNDAMENTALS

Greater Seattle Area

4.6% population growth forecasted from 2017 - 2020 for Puget Sound Seattle MSA ranked #1 best metro area for STEM professionals in 2017 by WalletHub.com Puget Sound added 61,300 new jobs in 2016, another 49,800 projected for 2017 Seattle MSA ranked #2 for highest percentage of workforce in STEM and #1 in 138,600 new jobs projected from 2017 – 2021 in STEM wage growth

Puget Sound employment grew 3.1% in 2016 compared to national average of Personal incomes for Puget Sound grew 9% over the past two years combined 1.8% Puget Sound Regional Council projects 4.9% personal income growth in 2017 Seattle ranked #4 in the nation for businesses and careers in 2016 by Forbes

Seattle MSA ranked #3 on Glassdoor’s Best Cities for Tech Jobs based on employment and salary growth

16 614 13th Ave E Development Site INCOMING ENGINEERING OFFICES

Seattle Rankings

Fastest growing big-city #1 US Census Bureau

Most software job openings #1 Glassdoor, 2017

City in the US to find a job #1 Wallet Hub, 2015

Top city for tech jobs #2 Geekwire

Highest concentration of #2 advanced industry jobs CNN Money

Best city for recent college grads #2 Nerdwallet.com, 2016

Best US city for tech startups #5 Entrepeneur.com WASHINGTON STATE VENTURE CAPITAL (VC) Best city to live in #5 Insignia 2016 2015 2014

DOLLARS INVESTED $1.50 Billion $1.21 Billion $1.23 Billion Best city for business and careers #6 Insignia NUMBER OF VC DEALS 282 116 113

Most educated city #6 Insignia Venture Capital US Rankings Washington State #5 (Based on Dollars Invested) Seattle #7 city (Based on Dollars Invested)

614 13th Ave E Development Site 17

02

Location Overview Location Overview

downtown professionals, it is common to see artists, foodies, and other creative types meandering down the street to art galleries, independent boutiques, and coffee shops.

Capitol Hill neighborhood highlights include the Broadway Farmers Market, a seasonal fiesta of food, flowers and music; Cal Anderson Park, voted one of the top 12 parks in the nation by Forbes in 2009; and the Pike / Pine Corridor’s vintage clothing stores, furniture shops, and .

Broadway Avenue East is home to a couple of the city’s favorite pieces of public art: bronze dance steps set into the sidewalk and a statue of one of the city’s most famous past residents, Jimi Hendrix. At the north end of Broadway sits Volunteer Park, a large, 48-acre forested urban oasis, replete with a glass conservatory built in 1912, the , and a water tower with 360 degree views of downtown Seattle and neighborhoods near and far. Located north of Volunteer Park SEATTLE NEIGHBORHOODS is the historic Lake View Cemetery which holds the graves of Seattle pioneers and martial arts film stars Bruce and Brandon Lee.

Capitol Hill The Capitol Hill neighborhood truly comes alive at night, with one of the city’s most popular after dark club scenes in the Pike / Pine corridor. Popular venue’s include; The Subject Site is located at the north end of Seattle’s most popular and desirable Neighbors, Rock Box, R Place, Tango, Grim’s, Barca, Cha Cha Lounge, residential neighborhoods, Capitol Hill, between the Pike / Pine Corridor and the , Rhein Haus, and many more. historic Harvard Belmond Landmark District. A neighborhood unlike any other, part hip and urban, part wooded and stately, Capitol Hill often feels like a small town in itself, one that a vast variety of businesses call home. “The Hill”, as it is known by Harvard Belmont Landmark District locals, earned its name when it was the planned site for Washington’s state capitol. Capitol Hill is home to some It was the epicenter for the grunge rock revolution in the 1990’s and remains one of of Seattle’s oldest and most HARVARD BELMONT the trendiest scenes in Seattle as well as the most densely populated neighborhood noteworthy mansions, a LANDMARK DISTRICT

in Washington. Historically it has the lowest apartment vacancy rates in the State. significant number of which 10th Ave E are located on the west slope VOLUNTEER The main thoroughfares include Pine, Pike, and Broadway. These streets are dotted of the hill in the residential PARK Eastlake Ave E with coffeehouses, taverns, and bars. Residences cover the gamut from modest Harvard Belmont Landmark motel-like studio apartment buildings to some of the city’s grandest and most District. As Seattle’s only E Prospect St distinguished mansions, with the two extremes sometimes shoulder-to-shoulder. historic Landmark District, 614 13TH AVE E many prominent architects Belmont Ave E

12th Ave E Neighborhood Amenities from the early 20th century E Aloha St The Pike / Pine corridor just south of the Subject Site is lined with fine dining are represented. An array of architectural styles are restaurants, quiet wine bars, sophisticated gastropubs, and authentic taverns. The E Roy St preserved in the homes neighborhood boasts the most active sidewalk scene in Seattle. Along with E Mercer St throughout this area,

20 614 13th Ave E Development Site including Victorian, Colonial, neoclassical, and neo-Georgian, mirroring the eclectic In addition, companies such as Alibaba, Apple, HBO, Dropbox, Payscale, and and vibrant character found throughout the rest of Capitol Hill. Situated directly Weyerhaeuser have opened up offices in and around the Seattle CBD. Expedia is south of the Harvard Belmont Landmark District, the Subject Site stands in company currently underway with improvements on their future Seattle waterfront with some of the most venerable properties in Seattle. headquarters which is slated to open in 2019. Expedia’s new campus will bring an estimated 4,500 jobs to the city once open. Other high tech companies such as Performing Arts Adobe, Google, and Tableau are located just three miles north of the CBD in Seattle’s Fremont neighborhood. A large portion of Seattle’s performing arts and live music scenes thrive on Capitol Hill. Music venues like The Chapel, Chop Suey, and Neumos were made popular during the grunge era. Locals frequent two popular landmark movie theaters, the Egyptian and the Harvard Exit, which feature beautiful architecture and design. These South Lake Union theaters participate annually in the Seattle International Film Festival and the Directly north of Downtown is Seattle’s newest neighborhood, South Lake Union. Northwest Film Forum. This neighborhood has continued to attract new jobs, residents, retailers, and visitors over the last several years. This includes life sciences research space, Pike / Pine Corridor apartments, condominiums, retail establishments, and office developments. The Pike / Pine triangle, just a short walk from the Subject Site, is bordered by South Lake Union is home to nearly 50,000 employees, and continues to grow. The Madison, Pine, and Broadway streets. This eclectic corridor is known to be one of most significant employers are Amazon, which is currently expanding to over 13 Seattle’s most exciting urban neighborhood communities. Newer multifamily living million square feet, the several life sciences organizations such as Fred Hutchinson, spaces, historic buildings, arts facilities, boutique shops, and restaurants give the a top ten cancer research center in the nation, Seattle Biomedical Research, NBBJ, Pike / Pine triangle a distinct and robust character that embraces and caters to all PATH, and Skanska. Other notable employers are REI’s flagship store, Kaiser walks of life. The roughly fifteen-block radius of this neighborhood offers the Permanente (formerly Group Health), and Whole Foods. ambiance of a small community with the sophistication and convenience of big city living. There are nearly 50 restaurants and bars, more than 30 shops, 15 coffee houses, and a dozen galleries and theaters that call this neighborhood home.

There are also events that are held annually in the Pike / Pine neighborhood including the 12th Avenue Neighborhood Festival in late summer and the Capitol Hill Block Party, a 3-day festival spanning six city blocks with performances on three stages by over 100 local and national bands.

Seattle CBD

Just over one mile from the Subject Site, Seattle’s Central Business District (CBD) is the Pacific Northwest’s largest employment center which accounts for nearly 300,000 jobs. Major employers comprising the CBD job market include Amazon, , Blue Nile, CenturyLink, Chase, Cobalt, Dendreon, DocuSign, EA Sports, Facebook, Getty Images, Kaiser Permanente, HTC, Hulu, King County, Microsoft, Nordstrom, Onvia, , Russell Investments, Safeco Insurance, , Swedish Medical Center, Tully’s Coffee, Twitter, University of Washington, Virginia Mason, Vulcan, Washington State, Wells Fargo, and Zillow.

614 13th Ave E Development Site 21 First Hill EMPLOYMENT

Located just south of Capitol Hill, First Hill emerged as a Amazon true urban village as the city’s Founded by Jeff Bezos in 1994, Amazon is the global leader in e-commerce and downtown business core has cloud computing with their world headquarters in Seattle. Amazon’s cloud computing extended across Interstate 5 services are among the largest in the world, serving everyone from small companies into the neighborhood’s western to large corporations and government agencies. In 2015, Amazon surpassed Walmart border. First Hill is characterized as the most valuable retailer in the U.S. by market capitalization. Amazon is the as a close-in urban area with largest internet company in the world and the fourth most valuable public company small, but densely developed in the world. Additionally, Amazon is the eighth largest employer in the United States. commercial areas surrounded by residential uses. Amazon’s Headquarters Expansion Seattle’s first wealthy residents settled here to escape the more industrial nature of In December 2012, Amazon purchased three city blocks from the Clise Family in the Pioneer Square. Today it is developed with a number of apartment and condo Denny Triangle along , between Sixth Avenue and Blanchard, for towers, historic homes, and one of the largest medical complexes in the nation. In $207.5 million. The site is now home to their 3.3 million square foot expansion fact, so many medical uses dominate the neighborhood that it has been nicknamed including three office towers as tall as 37 floors, a 40,000 square foot auditorium, an “Pill Hill” by some. Harborview Medical Center, Swedish Hospital, and Virginia Awareness Garden, and a neighborhood walking/jogging trail. The first two phases; Mason Medical Center are all centered in First Hill which generate 77,220 local jobs. 1.1 million square feet each, have already opened. The final 1.1 million square foot Seattle University and St. James Cathedral are other predominate institutional uses phase is expected for occupancy in 2018. in the neighborhood.

22 614 13th Ave E Development Site Amazon’s Projected Office Space in Seattle Amazon Growth Timeline

Current Seattle employees: 30,000

Current global employees: 341,100

March 2011: Occupied new 1.7 million SF South Lake Union headquarters

October 2012: Purchased SLU headquarters for $1.16 billion

December 2012: Purchased three city blocks for $207.5 million for 3.3 million SF expansion

June 2014: Purchased an additional Seattle city block for $52.2 million

March 2015: Leased 817,000 SF in the Troy Block Buildings

December 2015: First phase of expansion (1.1 million SF) opens in Tower I

November 2016: Second phase of expansion (1.1 million SF) opens 7.1M 6.2M 13.4M in Tower II

January 2017: Amazon announces plans to hire 100,000 employees TOTAL SF LEASED TOTAL SF OWNED SF GRAND TOTAL in the next 12 months

January 2017: Exercised option to purchase 228,000 SF from Clise Family

April 2017: Reportedly preleases 765,000 SF in

2018: Estimated completion of Amazon Tower III and biosphere

2019: Seattle office footprint of 13.4 million SF

2019: Will have capacity for 72,000 employees in Seattle

614 13th Ave E Developement Site 2323 Amazon recently exercised an option to purchase another half block from the Clise Swedish employs over 9,450 workers, including 6,023 physicians and allied health Family for $19.2 million at 2205 Seventh Avenue, just across the street from their 3.3 professionals. Today, the Swedish Cancer Institute treats more people for more million square foot expansion. Amazon’s headquarters in Seattle’s South Lake Union types of cancer than any other provider in the Pacific Northwest. The Swedish First neighborhood has grown to include over 13 million square feet of leased and owned Hill Campus is ten minutes south of the Subject Site. real estate with full occupancy expected by 2019. Life Sciences & The Gates Foundation Amazon’s Growth Life science organizations in Seattle include Amazon’s rapid expansion and hiring spree has aided the region’s resurgence. In the Benaroya Research Institute at Virginia the past year, Amazon added over 110,000 payroll jobs worldwide. This staggering Mason, Fred Hutchinson Cancer Research growth has led Amazon to have a total worldwide employment force of over 341,100, Center, the Institute for Systems Biology, Seattle which is now bigger than local software giant Microsoft. Bio Medical Research Institute, Pacific Northwest NationalLaboratory, and the UW With over 13 million square feet between occupied and permitted space in Seattle, School of Medicine. there are no signs of Amazon slowing their hiring spree. Amazon currently has With a current endowment of $40.3 billion, the Bill and Melinda Gates Foundation is approximately 30,000 employees in Seattle. It is estimated that Amazon will have the most significant global health organization in the world. Located in South Lake room for 72,000 employees in Seattle by 2019. These new hires are typically younger Union, The Foundation’s 900,000 square foot campus currently houses 1,453 millennials that have recently graduated from college. employees. The first phase of construction was completed in 2011 and is comprised of two six-story boomerang shaped buildings at a cost of $500 million. The third Virginia Mason building to The Foundation, which is an additional 400,000 square feet, has the capacity for an additional 500 employees and is planned to be built in the future. Located less than two miles southwest of the Subject Site, The Foundation buildings make up the largest certified LEED Platinum campus in Virginia Mason Medical Center is a private, nonprofit the world. organization. Virginia Mason offers integrated health services with more than 470 physicians who provide primary and specialized care. With an annual revenue of $979 million, Virginia Mason employs over 5,500 staff members. Approximately 182 of the physicians have faculty appointments at the University of Washington. In 2016, Virginia Mason was named one of America’s 100 Best Hospitals by Healthgrades.

Swedish Medical Center

Swedish Medical Center is an established regional healthcare provider, operating in the Seattle area for over 100 years. They are also the largest nonprofit health provider in the Greater Seattle area, with five hospitals throughout the area, specialty care, and emergency rooms in Redmond and Mill Creek, and over 100 primary care and specialty clinics that are compromised of the Swedish Medical Group and relationships with suburban hospitals and physician groups.

24 614 13th Ave E Development Site to three Nobel Prize laureates, Fred Hutch is an independent, nonprofit research institution dedicated to the development and advancement of biomedical technology to eliminate cancer and other potentially fatal diseases.

The Hutchinson Center receives more funding from the National Institutes of Health than any other independent U.S. research center. Recognized internationally for pioneering work in bone marrow transplantation, the Hutchinson Center’s four scientific divisions collaborate to form a unique environment for conducting basic and applied science.

The Hutchinson Center pioneered the development of bone marrow transplantation as a treatment option, offering a cure to more than 50,000 people a year diagnosed with leukemia, lymphoma, and other potentially fatal blood disorders. This increased cure rates from some types of leukemia from nearly zero to more than 80 percent. Bullitt Center

Located only one mile south of the Subject Site is the Bullitt Center. Built in 2012, the Bullitt Center is the greenest commercial building in the world. This new “Living Building” is a six-story 50,000 square foot office building that is located at the intersection of East and 15th Avenue. The building has met the ambitious goals of the Living Building Challenge by becoming the world’s most sustainable building.

The Bullitt Foundation was established in 1952 by Dorothy S. Bullitt, a prominent Seattle businesswoman and philanthropist who founded King Broadcasting Company in Seattle. The Foundation is devoted exclusively to protecting and restoring the environment of the Pacific Northwest by making grants to nonprofit organizations.

The goal of the Bullitt Center is to change the way buildings are designed, built, and operated to improve long-term environmental performance and promote broader implementation of energy efficiency, renewable energy, and other green building technologies in the Northwest.

The Bullitt Center is home to approximately 300 employees. In addition to the Bullitt UW Medicine Research Center Foundation, other tenants include the University of Washington, Hammer & Hand, Sonos, and others. UW Medicine’s newly expanded biotechnology and medical research hub in the South Lake Union (SLU) area of Seattle has grown to include five new lab buildings Fred Hutchinson Cancer Research Center that house over 1,250 scientists and staff, including five Nobel Price laureates.

Located one mile west of the Subject Site, the Fred The South Lake Union complex is cutting-edge in researching the areas of biologic Hutchinson Cancer Research Center is one of the imaging, biomarkers, cancer vaccines, diabetes, heart regeneration, inflammation, world’s leading cancer research institutes. Home microbiology, mitochondria and metabolism, and proteomics. These areas of endeavor are supported by biomedical research centers that cross organizational

614 13th Ave E Development Site 25 and disciplinary lines. UW Medicine Research Center was recently ranked #2 in the Northwest by The Wall Street Times in 2016 and is consistently in The Princeton the world for Research Impact in Clinical Medicine based on Shanghai Academic Review’s Best Colleges guide. Rankings of all university in the world. In 2016, the UW Medicine Research Center received over $700 million to further research. By 2028, Seattle University plans to expand its current boundaries by roughly 2.4 acres, adding two million square feet of new development. The expansion plans will double the current university’s campus size, accommodating a projected growth of EDUCATION 2,500 students. Included in the project are a new science center and sports complex, in addition to new classrooms, parking spaces, retail, and student housing.

Seattle Central Community College University of Washington Seattle Central Community College is located less than a mile from the Subject Site at the intersection of Broadway and East Pine. Established in 1966, Seattle Central was the first community college in Seattle.

Seattle Central currently has over 15,500 students enrolled and offers 26 areas of study.

Seattle Central opened its $26 million Science and Mathematics building in 2006 and in 2008 opened its new Creative Arts Academy. The $8.1 million facility is one of the most comprehensive visual communications training facilities in the nation. Seattle University

Located approximately one mile south of the Subject Site, Seattle University is a Jesuit Catholic University situated on 50 acres in Seattle’s Capitol Hill neighborhood. Founded in 1891, Less than 10 minutes north of the Subject Site, the more than 7,450 University of Washington is among the top higher students are enrolled learning institutions in the nation. This prominent in undergraduate and university is ranked 11th globally by U.S. News & graduate programs World Report and 4th in the nation among U.S. Public within nine schools and colleges. Seattle University provides an average class size Institutions on the Higher Times Education world university rankings for 2017. of 19 and a faculty to student ratio of 1 to 13. Founded in 1861, the UW consists of three campuses offering almost 580 degree U.S. News and World Report’s “Best Colleges 2017” ranks Seattle University options with over 46,000 students and 800 faculty and staff. It is the #2 public among the top ten universities in the West that offer a full range of masters and university in the nation for receiving federal support in research and training totaling undergraduate programs. Seattle University was ranked the Top Private University in $1.37 billion in 2016.

26 614 13th Ave E Development Site For the 22nd time in 23 years, the medical school was ranked #1 among all schools Pacific Place is an upscale urban shopping center located directly across the street in the country for primary care by U.S. News and World Report. The UW is also from Nordstrom’s flagship store. In fact, this 340,000 square foot shopping mall is known for its College of Engineering and the Michael G. Foster School of Business. connected to Nordstrom via a sky bridge over Sixth Avenue. Pacific Place’s tenants The graduate program in computer science is widely regarded as among the top include the AMC Theaters, Barneys New York, J. Crew, Kate Spade, Michael Kors, ten programs in the nation. In fall 2016, 39 percent of UW students were pursuing and Tiffany & Co. at least one science, technology, engineering and mathematics (STEM) major and in 2015-16, the UW awarded 6,007 STEM degrees. Nearly three-fourths of On Fourth Avenue, in between Macy’s and Nordstrom, is . This University’s graduates remain in the state. four-story mall sits below a 25-story office tower. Westlake Center features many accessory and apparel stores. Major tenants include P.F. Chang’s, Nordstrom Rack, and Zara. SHOPPING U Village

Just east of the University of Washington and 15 minutes from the Subject Site is U Village, an open air lifestyle shopping center which offers a unique formula of locally-owned boutiques and signature national retailers with over 515,000 square feet of shopping on 24 acres of land.

U Village is a regional destination for home furnishings, popular fashions, and unique gift items with a distinct collection of restaurants and eateries. Tenants include The Apple Store, Crate & Barrel, Gap, The Microsoft Store, The North Face, Pottery Barn, Restoration Hardware, and Williams-Sonoma.

Many developers nationwide have tried to replicate the look and feel of U Village. This popular lifestyle center is among the top five percent in the nation in sales per square foot.

Downtown Seattle

Seattle’s downtown shopping district is less than two miles from the Subject Site. This district’s compact square of several blocks includes brand name stores like Urban Outfitters, Banana Republic, Gap, Nike, Macy’s, and Nordstrom’s flagship store. Fashion boutiques like Anthropologie and Isadora’s Antique Clothing offer Seattle shoppers more eclectic options. Further south on Fifth Avenue, high-end retailers such as Gucci can be found.

614 13th Ave E Development Site 27 RECREATION Volunteer Park & Conservatory

Situated on 48.3 acres, and only three blocks north of the Subject Site, Volunteer Park Cal Anderson Park is one of Seattle’s oldest parks and offers several amenities including the Volunteer Conservatory and Seattle Asian Art Museum. The park also features a reservoir Half a mile from the Subject Site is Cal Anderson Park which contains over seven and a water tower with an observation deck offering expansive views. The acres of open green space and hosts numerous annual events and daily activities. bandstand at the park hosts outdoor summer concerts and events, allowing In 2009, Cal Anderson was named by Forbes.com as one of the nation’s twelve best residents a multitude of activities and entertainment. city parks. The park is also a historic monument, originally named in 1901 upon its completion and completion of the adjacent Lincoln Reservoir, which The Volunteer Park Conservatory has five houses, which all contain different and now lies underneath the park. distinct environments, from tropical to temperate. Admission into the conservatory is free, making it a popular attractions for locals and tourists alike. The Cal Anderson Park Alliance, a collaboration between Seattle Parks & Recreation and local citizens, hosts several events at Cal Anderson throughout the year. Among these are an annual Independence Day picnic with live music, raffles Pike Place Market and contests, “Hilloween”, a one-day Halloween carnival, an Easter weekend egg Located 15 minutes from the Subject Site, Pike Place Market is one of Seattle’s hunt, summer outdoor movie weekends, and a street food festival. Daily activities most popular tourist destinations with over 10 million visitors annually. The Market that can be found throughout the park include ultimate Frisbee, urban golf, yoga, co- overlooks Elliott Bay and is situated between Pike and Virginia Streets along 1st ed softball, bocce ball, pétanque, Frisbee golf, and Tai chi. Several local groups Avenue. The Market opened on August 17, 1907, making it one of the oldest also utilize the park as a practice or event space, including Seattle Hoopers Hula continually operating public farmers’ markets in the United States. It is a place Hooping, Capoeira Brazilian martial arts / dancing, Q-Squared, and Glitterati Club. of business for many small farmers, crafts people, merchants, restaurateurs and The new Capitol Hill Link Light Rail station opened in 2016, one block northwest of famous street performers. the park.

CAL ANDERSON PARK 11th Avenue

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CAPITOL HILL LIGHT RAIL STATION

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28 614 13th Ave E Development Site | CapHillDevelopment.com | Kidder Mathews Broadway Pike Place Market is comprised of eight different buildings, some of which are built In 2017, it was announced that the would be undergoing its biggest on the edge of a steep hill. The Market layout consists of several lower levels renovation ever. Over the next couple years, the private owners of the Space located below the main street. Each level features a variety of distinct shops such Needle will spend $100 million in upgrades to include a glass floor in the restaurant, as antique dealers, comic book and collectible shops, small family-owned more elevators, and other exciting upgrades. restaurants, and one of the oldest head shops in Seattle. The upper street level contains fishmongers, fresh produce stands, and craft stalls operating in the The Space Needle is located within , which is a 74-acre campus that covered arcades. In July 2017, the market opened their $74 million expansion, the is the City’s arts and entertainment center year round. Seattle Center hosts more MarketFront, with 47 vendor stalls, a 300-stall parking garage, and 30,000 square than 5,000 events each year that bring in over 12 million visitors and generate $1.15 feet of open space. billion in revenue for King County. Attractions at Seattle Center include the Pacific Science Museum, the Children’s Museum, the Science Fiction Museum, Key Arena, The Market is also known for its numerous eating and drinking options. Popular food which was home to the Seattle Supersonics for 30 years, Memorial Stadium, which establishments include the historic Lowell’s Restaurant, which has been serving the hosts popular musical festivals such as Bumbershoot, the Seattle Center Skate public for almost 100 years, French bistro Maximilien, which was highly praised by Park, McHaw Hall’s opera house, the Seattle Repertory Theatre to view plays, and Julia Child, Copacabana, Seattle’s only Bolivian restaurant, and the Pink Door, a MoPop (formerly the Experience Music Project), Paul Allen’s well-known Italian restaurant that became popular strictly by word of mouth and which is known for its bold architectural design. without the aid of using signage or advertising. Guests enter the restaurant into a nearly unmarked pink door on upper Post Alley. Seattle Center also features the terminus, which transports passengers to downtown Seattle’s shopping district at Westlake Center. Some of the popular The Space Needle & Seattle Center festivals and events hosted at Seattle Center include the music festival Bumbershoot, the Northwest Folklife Festival, holiday Winterfest activities, and the Bite of Seattle. The most recognizable landmark in Seattle and the Pacific Northwest, the Space Needle, is located just two miles west of the Subject Site. Built for the 1962 World’s Fair, the Space Needle is 605 feet at its highest point with an observation viewing deck at 520 feet.

614 13th Ave E Development Site 29 30 614 13th Ave E Development Site | CapHillDevelopment.com | Kidder Mathews TRANSPORTATION Seattle is in the midst of an urban revitalization that has seen many exciting transportation projects underway that include the Alaskan Way Viaduct Project, the Mercer Corridor Project, the Dexter Ave project, the Link Light Rail expansion, and the Seattle Streetcar expansion. These improvements to Seattle’s infrastructure will better connect the City’s neighborhoods, provide easy access to major employment hubs, ease traffic, promote mass-transit, and create pedestrian-friendly arterials with wider sidewalks and bike lanes.

Light Rail

Link Light Rail began service on July 18, 2009, attracting more than 92,000 riders on opening weekend. It currently provides service on a 20-mile segment from SeaTac International Airport to Downtown Seattle, with future expansion going as far south as Tacoma, north to Lynnwood and east to Redmond, totaling over 55 miles.

The Sound Transit 2 Plan, which voters passed in November 2008, approved the Capitol Hill Light Rail Station expansion of the Light Rail. Completed in 2016, the expansion connects Downtown The is located beneath Nagle Place, between John Street and Seattle to Capitol Hill, and over to the University of Washington, known as the Denny Way, across from Cal Anderson Park and just east of Broadway. University Link. This 3.15 mile segment has two underground stations, one on Three entrances grant access to the underground Capitol Hill station: the north Broadway Avenue in Capitol Hill, less than one mile from the Subject Site, and the entrance located on the southeast corner of Broadway and East John Street, other in front of University of Washington’s . The University Link the south entrance and the southwest corner of Denny Way and Nagle Place, connects the three largest urban centers in the state of Washington: downtown and the west entrance, accessible through the Broadway pedestrian concourse. Seattle, Capitol Hill, and the University District.

Seattle StreetCar

Seattle opened its first modern streetcar line in December 2007 in the fast-growing area of South Lake Union. Eleven stops along the 2.6 mile line lead to great culinary experiences, unforgettable entertainment options and retail as well as Lake Union’s new 12-acre waterfront park. The Streetcar line conveniently connects to Seattle’s other public transit systems including Metro buses, Sound Transit buses, trains, Link Light Rail, and the Monorail.

In December 2008, the approved a resolution supporting the Streetcar network expansion throughout the City. Construction wrapped up last year on the First Hill line. This 2.5 mile route connects the diverse and vibrant neighborhoods of Capitol Hill, First Hill, Central Area, Yesler Terrace, the Chinatown International District, and Pioneer Square, as well as serves employment centers,

614 13th Ave E Development Site 31 FA medical centers (Harborview, Swedish, and MUSEUM OF FAIRVIEW & CAMPUS DRIVE E AVE 10TH HISTORY AND INDUSTRY Virginia Mason), institutions of higher learning (Seattle Lake Union Lake Union BELMONT AVE E Park ALOHA ST Park CENTER E ALOHA ST University and Seattle Central Community College), FOR WOODEN VALLEY ST BOATS and major sporting event locations (Century Link VALLEY ST BROADWAY & ROY E ROY ST ROY ST BROAD ST and Safeco Fields). The stop at Broadway East and

MERCER ST TERRY & MERCER E MERCER ST East is one mile south of the Subject Site. WESTLAKE & MERCER

ST SOUTH LAKE AD REPUBLICAN ST E REPUBLICAN ST Seattle Streetcar Expansion UNION

WESTLAKE AVE N AVE WESTLAKE BROADWAY

BROADWAY & HARRISON E HARRISON ST

BELLEVUE AVE E AVE BELLEVUE 9TH AVE N AVE 9TH

Future Streetcar Expansion plans include a Center N AVE 8TH STREETCAR DEXTER AVE N DEXTERAVE AURORA AVE N AVE AURORA STREETCAR WESTLAKE & THOMAS TERRY & THOMAS E THOMAS ST City Connector, connecting two existing routes with SOUTH THOMAS ST tracks along 1st Avenue, and a Broadway Streetcar on LAKE UNION 5 E JOHN ST

Capitol Hill. The Center City Connector line is scheduled CAPITOL HILL

MINOR AVE N AVE MINOR

TERRY AVE N AVE TERRY BOREN AVE N AVE BOREN Denny Park N AVE FAIRVIEW to begin construction in 2018 with service beginning E DENNY WAY

DENNY WAY E OLIVE WAY

WESTLAKE & 9TH-DENNY YALE AVE in 2020. In June 2017, the City of Seattle accepted a BROADWAY & DENNY CAPITOL HILL E HOWELL ST 8TH AVE DENNY Cal $50 million federal grant for the project. Design work is SEATTLE CENTRAL Anderson

COLLEGE Park

13TH AVE E AVE 13TH

19TH AVE E AVE 19TH

17TH AVE E AVE 17TH 16TH AVE E AVE 16TH 12TH AVE E AVE 12TH E AVE 14TH 15TH AVE E AVE 15TH 11TH AVE E AVE 11TH 7TH AVE TRIANGLE E AVE 18TH 90% complete on the Broadway Streetcar expansion, STEWART ST E OLIVE ST

9TH AVE

6TH AVE PL NAGLE

HOWELL ST

which would extend the a half-mile E SUMMITAVE

HARVARD AVE E AVE HARVARD

BELMONT AVE E AVE BELMONT BOYLSTON AVE E AVE BOYLSTON WESTLAKE & 7TH E PINE ST further north on Capitol Hill into the commercial core

BELLEVUE AVE E BELLEVUE AVE BELLTOWN E MELROSE AVE BROADWAY & PIKE-PINE of Broadway with two stops near Harrison Street and LENORA ST E PIKE ST E MADISON ST Roy Street, only six blocks from the Subject Site. The OLIVE WAY VIRGINIA ST WESTLAKE HUB

extension of the line will also include extending the MCGRAW SQUARE E UNION ST BROADWAY E BROADWAY MOORE WESTLAKE protected bike lanes to Roy Street. PINE ST THEATER CENTER E SPRING ST 2ND & STEWART

Westlake PIKE ST Park

Freeway VIRGINIA E MARION ST Park MASON MEDICAL UNION ST CENTER COMMERCIAL BROADWAY & MARION PIKE PLACE SEATTLE MINOR AVE E COLUMBIA ST MARKET CORE UNIVERSITY SWEDISH AN UNIVERSITY ST BOREN AVE MEDICAL WAY 1ST & PIKE CENTER

TERRY AVE BENAROYA 5TH AVE SENECA ST E CHERRY ST HALL 9TH AVE PIER 59: 4TH AVE SEATTLE SEATTLE 8TH AVE E JAMES WAY AQUARIUM ART MUSEUM 3RD AVE CENTRAL

Waterfront 2ND AVE SEATTLE DISTRICT PUBLIC Park 1ST AVE WESTERN AVE LIBRARY FIRST HILL E JEFFERSON ST

ELLIOTT AVE SPRING ST

BROADWAY & TERRACE MADISON ST E TERRACE ST 1ST & MADISON MARION ST SEATTLE E ALDER ST MUNICIPAL COURT HARBORVIEW FIRST HILL COLUMBIA ST MEDICAL E AVE 14TH CENTER CITY SEATTLE CENTER CITY HALL E SPRUCE ST ALDER ST CONNECTOR CHERRY ST STREETCAR KING COUNTY E FIR ST COURTHOUSE PIER 52 JAMES ST LEGENDCOLMAN DOCK: SMITH YESLER & BROADWAY WASHINGTON STATE PIONEER SQUARE TOWER City Hall TERRACE ST JEFFERSON ST FERRIES Park E Streetcar PIER 50: BOREN AVE S WATER TAXIS PIONEER SQUARE Kobe Proposed Streetcar S WASHINGTON ST 2ND AVE EXTENSION S Terrace YESLER S WASHINGTON ST Park

Elliott Bay Occidental 14TH & WASHINGTON

4TH AVE S AVE 4TH 5TH AVE S AVE 5TH 6TH AVE S AVE 6TH Park S AVE 3RD TERRACE CENTRAL DISTRICT Streetcar Stop S MAIN ST

Proposed Streetcar Stop S AVE 2ND S JACKSON ST S JACKSON ST

Sound Transit Link Light Rail Station OCCIDENTAL MALL UNION 5TH & JACKSON 7TH & JACKSON 12TH & JACKSON KING STATION JAPANTOWN CHINATOWN LITTLE SAIGON STREET S KING ST Landmark S KING ST STATION/ AMTRACK CHINATOWN-

INTERNATIONAL DISTRICT AVE S AVE AVE S AVE S WELLER ST R

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32 614 13th Ave E Development Site Q v e e e e N W W E stock St ueen AnneAve N ve Taylor Ave N Dr Bigelow A LAKE 2nd Ave N Broadway E Prospect St Fairview Ave N Dexter Ave N E Prospect St UNION Eastlake Ave E 2nd Ave W Ward St 6th Ave N

4th Ave N Belmont Ave E innear Pl 8th Ave N 5th Ave N Aloha St E Aloha St ympic Pl Valley St Valley St y St I-5 on-ramp Roy St E Roy St 9th Ave N W Mercer St Mercer St Mercer St E Mercer St Eastlake Ave E 1st Ave W 1st Ave N

19th Ave E

15th Ave E Bellevue Ave E Summit Ave E Belmont Ave E Harvard Ave E W Republican St Westlake Ave N Republican St E Republican St

W Harrison St Broad St Harrison St E Harrison St

E Thomas St Pontiu Ave N

W Thomas St Fairview Ave N Yale Ave N

Thomas St Terry Ave N Minor Ave N Boren Ave N E Thomas St Seattle 5th Ave N Center tle E John St

Edwards Park W John St John St 12th Ave E Denny the Park Connector Denny Way Denny Way E Denny Way Cal Anderson 7th Ave Westlake Ave Boren Ave Park Cedar St LEGEND Vine St SculptureOlympic Park Broad St CAPITOL HILL LINK Blanchard St LIGHT RAIL STATION AND TRACK Wall St 9th Ave Routes 1, 2, 13

Western Ave Bellevue Ave

Clay St Virginia St E Pine St Routes 3, 4 6th Ave Lenora St Routes 7, 11, 14, 36, 43, 49 Olive Way E Pike St

5th Ave Stewart St Broadway Elliott Ave Route 8 4th Ave Bell St ConventionCenter E Union St Routes 10, 12 Alaskan Way 3rd Ave 8th Ave E Madison St Boren Ave Routes 15, 18, 21, 22, 56 2nd Ave 7th Ave Route 16 1st Ave 6th Ave Routes 23, 26, 28, 124

Westlake 5th Ave 15th Ave E Station Pike Place Route 70 Market Pine St Pike St Swedish E Madison StMedical Route 358 Seneca St Center Union St Sound Transit Link Light Rail Terry Ave Spring St University St 9th Ave E Cherry St 8th Ave Route 98 South Lake Union Streetcar Madison St

7th Ave

Western Ave 99 Route 99 & Stops (Free, every 20-30 mins)

17 Metro Service (30 mins or greater)

12th Ave Metro Customer Service Marion St E Cherry St

14th Ave

99 Ride Free Area (6am - 7pm) Columbia St

Cherry St Boren Ave Downtown Seattle Transit & Entrances 1st Ave ELLIOTT James St E Spruce St Fire Station Accessible Route BAY Jefferson St Stair Access

Yesler Way E Yesler Way Parks

Fire Station Future Sound Transit Link Light Rail 1st Ave S Washington St

99 S Main ST Future Seattle Street Car Route Fire Station S Jackson St S Jackson StStt

99 99 18th Ave S

614 13th Ave E Development12th Av Site | CapHillDevelopment.com | Kidder Mathews 33 S King St 99

S S S W ll St

03

Property Maps & Aerials Property Maps & Aerials

AMENITIES MAP

LAKE UNION VOLUNTEER

PARK Lake Washington Blvd E 10th Ave E Ave 10th

Fairview Ave E

40 E Aloha St 12 14 20 E Roy St 54 46 9 55 41 39 15th Ave E 4953 56 23rd Ave 12th Ave E 38 17 37 50 7 4345 23

13 47 19th Ave E 13 1 12 44 21 36 15 3 20 52 3 35 25 48 51 11 3 7 24 16 E Thomas St 19 42 E Madison St 22 12 E John St 15 11

18 Way Jr King Luther Martin

Denny Way E Denny Way 12 21 13 4 CAL 32 33 ANDERSON 6 2 PARK 27 2 6 1 34th Ave 31 30 4 16 29 5 5 9 8 10 14 28 3 34 26 7 5 2 4 7 4 1 6 2 6 9 8 2 8 15 10 6 9 1 4 10 1 13 14 11 E Union St 2 11 Boren Ave 3

16

Broadway 5 10 5 8

E Cherry St

36 614 13th Ave E Development Site p

EAT + DRINK EAT + DRINK SHOPPING COFFEE 1. Octo Sushi 30. Mia’s Off Broadway Cafe 1. Pacific Supply 12. The Essential Bakery Cafe 2. Momiji 31. Hot Mama’s Pizza 2. The Elliott Bay Book Co. 13. Cafe Flora 3. Eltana 32. Pie Bar 3. Mishu 14. Arosa Cafe 4. Grim’s Provisions & Spirits 33. The Saint 4. Everyday Music 15. Bakery Nouveau 5. The Tin Table 34. Anchovies & Olives 5. Fleet Feet Sports 16. Cafe Argento 6. Elysian Brewery 6. Blick Art Materials 35. Smith 7. 7. Walgreens 36. Coastal Kitchen HEALTH & WELLNESS 8. Quinn’s Pub 8. Retail Therapy 37. Liberty 1. Foundation CrossFit 9. Spinasse 9. Le Frock Vintage 38. Hello Robin 2. Barta Fitness 10. Restaurant Zoe 10. Pacific Place 39. Talluhlah’s 3. Pacific Northwest Fitness 11. Barrio 11. Westlake Center 40. Vios Cafe & Marketplace 4. 24 Hour Fitness 12. Annapurna Cafe 12. REI 41. Poppy 5. 13. Scratch Deli 13. Urban Outfitters 42. Two Doors Down 6. ZUM Fitness 14. Via Tribunali 14. Retrofit Home 43. The Harvest Vine 7. The Grinning Yogi 15. Plum Bistro 15. Crossroads 44. Voila! Bistrot 8. Seattle Yoga Arts 16. Manhattan Prep 16. Rite Aid 45. Luc 9. SweatBox Yoga 17. Cafe Vivace 10. 8 Limbs Yoga Center 46. Canterbury Ale House 18. Dick’s Drive-In 11. Emerald City CrossFit 47. Jamjuree COFFEE 19. Mirch Masala 12. Denali Fitness 48. The Wandering Goose 1. Porchlight Coffee 20. Pinto Bistro Thai & Bar 2. Caffe Vita 13. Mind & Body Pilates 49. The Patio Thai Cuisine 21. Tutta Bella Neopolitan Pizzeria 3. Stumptown Coffee Roasters 50. Olympia Pizza & Spaghetti House 22. Lunchbox Laboratory 4. Tougo Coffee Co. GROCERY 51. Sugar Plum 23. Cafe Flora 5. Kaladi Brothers Coffee 1. QFC 52. Palermo Pizza & Pasta 24. Cafe 6. Starbucks 2. Trader Joe’s 53. Nuflours Bakery 25. Serious Pie 7. Victrola Coffee Roasters 3. Safeway 54. Delux Bar & Grill 26. Mamnoon 8. Sugar Bakery & Cafe 4. Central Co-Op 55. Altura 27. Sushi Maki 9. Top Pot Doughnuts 5. City Target 56. Rom Mai Thai 6. City Market 28. Rancho Bravo 10. Belle Epicurean 29. Terra Plata 11. Analog Coffee

614 13th Ave E Development Site 37 SEATTLE AREA EMPLOYERS

WALLINGFORD FREMONT UNIVERSITY DISTRICT

MAGNOLIA

LAKE UNION MADISON PARK

QUEEN ANNE

PUGET SOUND MADRONA

38 614 13th Ave E Development Site SEATTLE CBD AERIAL

4,500 employees by 2019 ELLIOTT BAY

670,000 SF by 2019

LAKE UNION

Global Headquarters Expanding to over 13M SF

FUTURE SEATTLE SEATTLE STREETCAR STREETCAR

CAL ANDERSON PARK CAPITOL HILL LIGHT RAIL STATION

614 13th Ave E Development Site 39 SOUTH LAKE UNION AERIAL

4,500 employees GASWORKS PARK by 2019

World HQ, over 13M SF SOUTH LAKE UNION PARK LAKE UNION

SILICON CANAL

670,000 SF by 2019

HARVARD BELMONT LANDMARK DISTRICT

12th Avenue E

E Mercer Street

13th Avenue E

14th Avenue E N

40 614 13th Ave E Development Site EAST-FACING AERIAL

BELLEVUE

KIRLAND World HQ, over REDMOND 10M SF

MADISON PARK MADRONA

15th Avenue E

14th Avenue E

E Mercer Street

N

614 13th Ave E Development Site 41

04

Community Description Property Summary

Community Description

Property Summary Construction Specifications

Site Address 614 13th Avenue E, Seattle, WA 98102 No. of Buildings One (1)

Assessor's Parcel No. Site 685170-0040 No. of Floors Six (6)

Area 6,000 SF (0.14 acres) Structure Wood frame

Zoning LR3 Foundation Slab on grade

Number of Units 20 Roof Flat, torch down

Residential NRSF ±12,536 Heat Electric

614 13th Ave E Development Site 45 52 614 13th Ave E Development Site | CapHillDevelopment.com | Kidder Mathews 05

Unit Mix 614 13th Ave E Development Site | CapHillDevelopment.com | Kidder Mathews 57 Offering Summary UNIT MIX & FLOOR PLANS

614 13th Ave E Development Site 49 FIFTH FLOOR

FOURTH FLOOR THIRD FLOOR

SECOND FLOOR FIRST FLOOR

LOWER LEVEL 62 614 13th Ave E Development Site | CapHillDevelopment.com | Kidder Mathews 74 614 13th Ave E Development Site | CapHillDevelopment.com | Kidder Mathews Robert Hardy 206.390.8993 [email protected] 614 13th Ave E, Seattle WA 98102 America's Choice Real Estate 152 3rd Ave E Ste 105 . Edmonds . 98020