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Old May 2nd, 2014, 10:02 PM   #61
shotsy
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Quote:
Originally Posted by DawgFan View Post
Wasn't 2nd and Pike supposed to start this year too? Maybe UV should focus on getting that project off the ground first before they start working on other proposals.
This project has been in the works for years.
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Old May 2nd, 2014, 10:34 PM   #62
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While I completely understand ragging on UV for talking large and accomplishing little, it looks like this one actually has a bit of momentum and can potentially get done. They are legitimately going out to the market for an equity partner (not sure what that blurb from Smith about not seeking a partner is all about). Not to say that's necessarily the mark of a project ready to break ground, but its significantly farther than they've gotten on any of their other projects. Furthermore, if they can keep their land basis down (cheaper neighborhood) and hard/soft costs down (mid rise, simple design), the thing might pencil.
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Last edited by horatio_the_hermit; May 2nd, 2014 at 10:44 PM.
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Old May 5th, 2014, 07:18 PM   #63
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This project has been in the works for years.
Yes I know, what I meant was that instead of trying to get multiple projects off the ground at the same time they should focus on just one. Both this project and 2nd & Pike have been on the drawing boards for over a decade and still not a single shovel has been placed into the ground.
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Old August 27th, 2014, 03:47 AM   #64
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Might as well do the Weyerhauser bump.
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Old August 27th, 2014, 03:57 AM   #65
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Ha. From the first post in this thread:

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DJC-

"Developer Greg Smith said the city should consider putting a garage under Occidental Park to replace some of Pioneer Square's dwindling parking supply."

http://www.djc.com/news/re/12034496.html
Oh Smith. I'm glad he's come around. The actual project will have 68 parking spaces for 800 employees. This is a major sustainability win - a company that at one time would clear cut now produces FSC wood. They've moved from their LEED certified but sprawl inducing suburban campus to the best transit node in the state, and all but removed cars as a commute option.
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Old August 27th, 2014, 04:21 AM   #66
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Exciting news! I just wish they were anchoring something bigger than a 7 story building...
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Old August 27th, 2014, 12:52 PM   #67
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Did urban visions announce a sale of the site? We have to be careful here or this may very well open up a black hole....
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Old August 27th, 2014, 05:23 PM   #68
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Did urban visions announce a sale of the site? We have to be careful here or this may very well open up a black hole....
I know, right? Now that they have a tenant signed they have no more excuses for not moving forward with their visions.

Is this project still going to include a maintenance facility for the waterfront street car?
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Old August 27th, 2014, 05:41 PM   #69
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Is this project still going to include a maintenance facility for the waterfront street car?
As far as I know, the maintenance facility was dropped from the project.
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Old August 27th, 2014, 11:57 PM   #70
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Quote:
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Is this project still going to include a maintenance facility for the waterfront street car?
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Originally Posted by Vashon118 View Post
As far as I know, the maintenance facility was dropped from the project.
I looked back at earlier pages of this thread. Car barn--LOL. As far as I know, there are no plans to bring back the waterfront streetcar. As for the First Hill line, the maintenance area is off the main line via a stub track, I think along 8th Avenue S, to its location between S. Dearborn and S. Charles Streets. It's a secure area--I couldn't get close to take pictures. As to 200 Occidental South, it's a great project if only to rid our cityscape of that hideous parking lot right next to Occidental Square.
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Old August 29th, 2014, 05:08 PM   #71
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From Wednesday's DJC.

http://www.djc.com/news/re/12069235.html

August 27, 2014

Weyerhaeuser moving HQ to Pioneer Square
By JOURNAL STAFF

Weyerhaeuser Co. is moving its headquarters from Federal Way to Pioneer Square.

Weyerhaeuser said yesterday it will move into 200 Occidental, a seven-story being planned by Urban Visions for a site near Occidental Park. The building will have 165,000 square feet of office space.

Documents on file with the city say there will be parking for 68 vehicles in an undground garage.

The timber company will move in mid to late 2016, after 200 Occidental is complete.

A spokesman for Weyerhaeuser said the company will fill all the space in 200 Occidental and have 800 employees working there.

Mithun is designing 200 Occidental.

Greg Smith, founder and CEO of Urban Visions, did not return a phone call requesting comment.

Doyle R. Simons, president and CEO of Weyerhaeuser, said in a press release that the 430-acre campus in Federal Way is more space than Weyerhaeuser needs. Moving its headquarters to Seattle will help the company compete for talent now and in the future, Simons said.

Weyerhaeuser plans to sell the land and buildings it owns in Federal Way.

Heartland LLC represented Weyerhaeuser on the relocation, and will also work on selling the company's Federal Way space.

The campus contains approximately 750,000 square feet of office, research, and industrial space on more than 400 acres.

The Weyerhaeuser move is major win for Pioneer Square. The neighborhood has reinvented itself in recent years with trendy new restaurants and tech companies taking office space. The office vacancy rate is 11.09 percent, according to officespace.com.

Weyerhaeuser says it is one of the world's largest private owners of timberland and employs 13,000 people worldwide. It opened more than 110 years ago with an office in Tacoma.

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Old August 29th, 2014, 05:21 PM   #72
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I know they've been downsizing significantly over the years, but to go from 475,000 sq. ft. to 165,000 sq. ft. is quite the downsizing of space. I wonder how vacant their current offices are.
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Old August 29th, 2014, 07:12 PM   #73
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Quote:
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I know they've been downsizing significantly over the years, but to go from 475,000 sq. ft. to 165,000 sq. ft. is quite the downsizing of space. I wonder how vacant their current offices are.
That is not very much space for 800 employees. They're going to be packed in like sardines via some open office concept, presumably.
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Old August 29th, 2014, 09:18 PM   #74
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Love that we're getting more presence downtown, but their HQ now is such an icon.
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