The $85 million LEED Silver, Class A office project Tilt49, developed by Seattle-based Touchstone, built by Minneapolis, MN-based Mortenson Construction and designed by ZGF Architects, is now home to Amazon. A PR representative with Amazon confirmed the lease via email but was unable to provide any additional comment. Mortenson also declined to comment on the deal.
Greg Inglin and Laura Ford of Colliers International were the brokers on the deal representing Touchstone. While unable to provide many details regarding the lease or disclose who the tenant is, Inglin did confirm the building is fully leased. “It’s kind of in that new pivot point between the [Seattle] CBD between South Lake Union and Capitol Hill, which is really popular with tenants these days, so you’ve seen that corridor fill up nicely,” said Inglin.
Construction on Tilt49, located at 1812 Boren Ave., began in June 2015 and is set for completion in May of this year. The 290,674 square foot building consists of 11 floors of office space with 31,000 square foot floorplates. There’s also a 3,000 square foot lobby on the first floor and a 7,000 square foot deck on the ninth floor. Inglin said due to the deck on the 9th floor, the top three floors are a little bit smaller to accommodate for the deck.
A unique component of the development is the incorporation of “pop-up” spaces. There are three pop-up spaces of about 200 square feet, which will be used for impromptu meeting space, art exhibits and rotating retail.
Tenants at Tilt49 will have access to showers and locker rooms, a 2,5000 square foot conference room that can accommodate more than 175 people and can be broken up into two smaller rooms, electric car charging stations, a first floor lounge and ample bike parking.
Another Mortenson development is shaping up next door to Tilt49. Partnered with AMLI Residential, the two joined forces to develop a 41-story high-rise apartment structure with 393 units. The building is set to open in November of this year. ZGF Architects is also serving as the architect for this project as well.
Last year, Amazon added 1.7 million square feet of new office space downtown, bringing the company’s footprint to more than 7.3 million square feet, according to Downtown Seattle Association Development Guide 2016. Additionally, another 3.1 million square feet of space is under development with 2.3 million square feet under construction, with hopes these additions will be completed by the end of 2019, according to the report. Overall, almost 12 million square feet of new office space is expected by the end of 2019. “This is about the same amount of space added over the previous 12 years, tripling the overall pace of office development downtown,” according to the report.
