800 Fifth. Picture courtesy of EQ Workplace
EQ Workplace has finalized the redevelopment of 800 Fifth, a 934,806-square-foot, Class A workplace constructing positioned in Seattle’s Central Enterprise District. Seattle-based architectural agency Olson Kundig was behind the constructing redesign.
The 42-story constructing was initially accomplished in 1981 and underwent beauty renovations in 2001 and 2016, as proven by CommercialEdge. EQ Workplace’s renewal comes with new facilities designed to satisfy the wants of as we speak’s workforce, merging each indoor and out of doors wellness- and collaboration-centric areas for tenants.
The identical knowledge supplier reveals that the proprietor picked up the asset again in 2019 for $540.4 million. The workplace constructing’s tenant roster consists of Sonos, Greystar, Financial institution of America, Starbucks and Merriman Wealth Administration, amongst others.
A reimagined 16,200-square-foot entry and foyer, a brand new health middle and a 15,800-square-foot public backyard and plaza, comprising an outside fire and occasion house, are among the many renovations on the LEED Platinum licensed property.
800 Fifth. Picture courtesy of EQ Workplace
Inside renovations have been aimed toward creating a cushty work setting and integrated the addition of suspended lantern lighting, custom-made bookcases, built-in paintings and an enhanced terrace.
Seattle’s strong improvement pipeline
Situated in downtown Seattle, the workplace tower is near the waterfront, Pike Place Market and the central retail core. Quite a lot of eating and leisure providing are additionally close by.
Based on a current CommercialEdge report, 132 million sq. toes of workplace house was being constructed nationwide as of November 2022. The identical supply stateed that as of the identical month, 5.6 million sq. toes of workplace house was below development within the Seattle space.
Final 12 months, developer evolution Tasks introduced the event of the primary section of 35 Stone, a preleased workplace venture in Seattle. The event is scheduled for completion by the third quarter of 2024.
