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March 30, 2016
Unico Properties is turning some of the plaza between the two Market Place buildings into retail or restaurant space. The buildings are at 2001 and 2003 Western Ave., next to Victor Steinbrueck Park and Pike Place Market.
The project is creating 24,000 square feet of retail from a mix of existing space in both buildings and 4,500 square feet of new space on the western edge of the plaza that overlooks the Alaskan Way Viaduct. BNBuilders has started construction and will have the space ready in January 2017.
The design team led by Heliotrope Architects includes KPFF Consulting Engineers (structural), The Berger Partnership (landscape), WSP Parsons Brinckerhoff (MEP consultant) and RDH Building Sciences (building envelope consultant).
Real Retail is in charge of leasing.
There is about 131,000 square feet of space in the two buildings, mostly offices but also ground floor retail and Cutters Crabhouse restaurant. The north building is seven stories and the south is four stories. They sit above a 412-stall parking garage.
No tenants have been lined up for the new space, according to a Unico representative. Less than 4 percent of the existing space is vacant.