Seattle, WA. – December 15, 2021 – Nitze-Stagen a Seattle real estate and development firm, announced today the commencement of an adaptive reuse construction project of a historic building where it will add four new stories of Class A office space on top of an existing mid-century industrial building.
Located at 760 Aloha Avenue in South Lake Union, the 1931 paint manufacturing building is one of the last warehouses in South Lake Union with authentic, mid-century architecture.
Much of the character of the existing structure will be highlighted in juxtaposition with a new, modern structure above. The project will bring a total of 44,500 sq. ft. of retail and office space, with an expansive rooftop deck featuring views of South Lake Union and Downtown Seattle. The building will include 24 covered and secure parking spaces.
The first two floors will feature a warehouse design reminiscent of the property’s original use while the top floors will be highly customizable, open floor plates with floor to ceiling curtain wall windows. 760 Aloha will also feature wellness amenities including ample bike storage, shower facilities, and a central staircase to encourage movement and exercise.
Nitze-Stagen has a long history of undertaking challenging adaptive reuse projects, such as Starbucks Center, Union Station, Merrill Place, Ainsworth & Dunn Warehouse, and the Black Manufacturing building.
“The design of this building is focused on paying homage to the neighborhood’s history while contributing to our city’s vibrant future,” said Daniel Gallagher, Vice-President of Acquisitions and Development for Nitze-Stagen. “This particular warehouse is part of South Lake Union’s heritage, and its preservation will help to maintain the community character with a blend of old and new.”
“Adaptive reuse of existing buildings is a fundamental sustainability strategy,” added Matt Aalfs, Principal of BuildingWork. “We are saving an existing two-story concrete warehouse and building four new office floors on top of it – with this project we are able to accommodate the work of today while retaining the physical traces of our city’s past.”
“Nitze-Stagen has been active in SoDo and Pioneer Square for many years, so it’s exciting to have a project in South Lake Union – a bookend to our city’s commercial and downtown districts,” concluded Gallagher.
760 Aloha broke ground today and is estimated to be completed by early 2023. Nitze-Stagen is seeking LEED Silver Certification. The design team includes: BuildingWork, R|Miller, Swenson Say Faget, Coffman Engineers, DB Engineering, GeoEngineers, Landau Associates, Core Design, McKinney Engineers, Ashbaugh Beal, Karen Kiest Landscape Architects, and Nemark is the marketing broker.