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November 18, 2021

NAIOP's Night of the Stars: here are all the 2021 winners

By BRIAN MILLER
Real Estate Editor

Photos courtesy of NAIOP [enlarge]
Rainier Square

Spire

Federal Reserve Building

The Fairmont Olympic

The Verge

ERW Lighting showroom

NAIOP's annual Night of the Stars gala was celebrated on Nov. 5 in Bellevue. Let's recap the 2021 winners, starting with the projects, then followed by the people, deals and various entities.

Affordable Housing: Coronado Springs renovation. Deacon Construction worked with SMR Architects and Bridge Housing on the 19-building, 150-unit project in White Center.

Community Impact Development: The Fantasy Shop, also in White Center, is now home to the Lumberyard Bar. Slattery Properties worked with Strata Architects and Mallett Design Build on that.

High-Rise Residential: Spire was developed by Laconia Development. The 41-story, 343-unit condominium is now open to early buyers. PCL Construction and VIA Architecture were on the team.

Historic Renovation: Fairmont Olympic Hotel. That 1924 hotel was refreshed by Tamarack Capital Partners, MG2 and Abbott Construction.

Hospitality Development: The Lodge at St. Edward State Park. The landmarked former seminary in Kenmore, leased to Daniels Real Estate, became an 84-room boutique hotel. The team there included Lydig Construction and architect Ron Wright & Associates.

Industrial Redevelopment/ Renovation: NW Logistics BFI9 H3 Facility. In DuPont, that 628,000-square-foot project came from Panattoni Development, with architect Mackenzie and Layton Construction.

Industrial Speculative Development: Taragon's SeaPORT, in Sumner, is now seeing the rise of Building 2, which will add 268,000 square feet to the overall 130-acre project. Nelson designed the building, which Sierra Construction is erecting and CBRE is leasing. About 2.4 million square feet is planned across seven buildings. (Tarragon was also named Developer of the Year.)

Mixed-Use Development: the 58-story Rainier Square was developed by Wright Runstad with NBBJ as the architect and Lease Crutcher Lewis as the general contractor.

Multifamily (under 100 Units): Ivy at Interbay has 93 units. The eight-story project was developed by Pastakia + Associates and Teutsch Partners, with Urbal Architecture and Graham Construction.

Suburban Multifamily (over 100 Units): The Verge. In Auburn, that 226-unit midrise project comes from Pillar Properties and Teutsch Partners, with Urbal Architecture and Compass General Construction.

Urban Multifamily (over 100 Units): Alexan Central Park is an eight-story, 193-unit project in Redmond. Trammell Crow Residential worked with Jackson Main Architecture and Graham Construction on that.

Office Development: Lakeview Office Building, in Kirkland, was designed by LMN Architects and built by Sierra Construction. The mostly mass timber building has 46,000 square feet. CBRE recently leased it to Robinhood. Owner of record Mt Baker Holdings LLC is associated with Bill Gates.

Office Interior: GitHub. Located within Kilroy Realty's Skyline Tower, that three-floor, 61,000-square-foot expanse was created by Interior Architects, built by BNBuilders and brokered by Newmark.

Office Redevelopment/ Renovation: Martin Selig Real Estate's Federal Reserve Building is a preservation/addition job at the landmarked former bank in downtown Seattle. Perkins Will was the architect and Lease Crutcher Lewis the general contractor. JLL brokers the 13-story, 204,000-square-foot project.

Retail Development: ERW Lighting showroom. In the Duwamish area west of Georgetown, Weber Thompson designed the space, with BMDC Services as the general contractor.

Sustainable Development of the Year: The South Landing Eco District in Spokane has several components, including the mostly mass timber Catalyst building, designed by Michael Green Architects and built by Katerra. Emerald Initiative was the developer.

People's Choice Award: Koda. The condominiums were developed by Da Li Development in the International District, with many units now sold and occupied. PCL Construction Services built the 17-story, 201-unit project, with KMD Architects as the designer.

Judges' Award (social equity): Kirkland Place Shelter. This two-story former church, still owned by the church, was renovated by Deacon Construction and Environmental Works as a shelter for women and families. It's a venture of Catholic Community Services of King County, The Sophia Way and The New Bethlehem Project.

Individuals honored included Kevin Daniels, who recently retired from Daniels Real Estate (which continues without him); and the late broker Tom Abbott, who succumbed last year to prostate cancer. Top brokers were Arie Salomon of NAI Puget Sound Properties for industrial; Tom Pehl of CBRE for investments; and Michael Dash of CBRE for offices.

Finally, Vulcan Real Estate and broker JLL were honored for deal of the year, that being Amazon's commitment to some 2 million square now under construction in Bellevue: 555 Tower (by NBBJ and Turner Construction); and West Main (by Graphite Design Group, Compton Design Office and GLY).


 


Brian Miller can be reached by email at brian.miller@djc.com or by phone at (206) 219-6517.




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