Special Project of the Washington State Convention Center

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CO-DEVELOPMENT

Residential and Office Building Co-development Opportunities

The program for the Washington State Convention Center (WSCC) Addition has created two co-development opportunities that will be available for sale later in 2017 or early 2018.  The projects, a residential tower and an office building, are planned to be designed to about 75 to 80 percent construction documents, permitted and ready for final refinements by the purchaser.

The co-developments are created by the program for the Addition, which includes a 150,000-square-foot exhibition hall and loading dock below grade.  The footprint for this below-grade component includes the two blocks across Olive Way to the north of the WSCC Addition. Since only the below grade portions of these blocks are needed for the Addition, the above-grade portions are available for future development.

A key goal of the Addition project for WSCC is to build a great neighborhood and create pedestrian links between South Lake Union, Denny Triangle, Capitol Hill and the retail core. To do so, it is important for the Addition and the blocks north of Olive Way to have complementary facades, street fronts and pedestrian uses to create a welcoming environment for walking, living, working and visiting. Accordingly, WSCC has designed these co-development blocks with LMN Architects and is taking them through the entitlements and permitting processes, to vest under the energy code that existed in 2016.

Since it is not in WSCC’s mission to pursue projects like these, WSCC will sell the rights to develop the projects to firms wishing to own them.  The expectation is that the purchaser will gain either fee ownership of a condominium interest or fee interest in a vertical subdivision.

WSCC plans to ask for proposals to complete the projects three to six months following construction start on the Addition (anticipated third quarter 2017).  While the convention center will take about three years to be build, the co-developments will take about half that time.  The successful proposer(s) will be able to start construction about 18 months after the start of the Addition and finish coterminous with the Addition, unless there is a specific reason to do otherwise.  

Contractor Lease Crutcher Lewis has provided input on constructability and cost, and is available to build the projects but that is not a requirement.  WSCC’s developer, Pine Street Group L.L.C. (PSG), is willing to oversee completion of development if desired, but the purchaser may use its own team. Other members of the project team include MKA for structural and civil engineering and Rushing for mechanical/electrical/plumbing.

Additional information will be provided on this site starting at the end of the first quarter of 2017.  

RESIDENTIAL

The approximately 400-unit residential project is bounded by Olive Way, 9th Avenue, Howell Street and Terry Avenue.

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OFFICE

The approximately 500,000-square-foot office building is bounded by Olive Way, Terry Avenue, Howell Street and Boren Avenue.

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