Seattle: Skanska, a leading global development and construction firm, has promoted Charlie Foushée to vice president – development of Skanska USA Commercial Development in Seattle.
With this promotion, Foushée will work with leadership to create market strategies for Skanska’s development operations in Seattle, supporting land acquisitions, development, design, construction management, leasing and divesting. Foushée brings more than 12 years of real estate development experience to his new role. Since joining Skanska in 2016, Foushée has led several acquisitions and dispositions, and is currently working on a major acquisition for Skanska in the region.
“Charlie’s skill set, track record for identifying acquisition opportunities, extensive project development experience, and his drive and passion have been invaluable to our team’s success,” said Murphy McCullough, Executive Vice President of Skanska USA Commercial Development in Seattle. “This, along with his local roots and deep understanding of the region, make him the perfect fit for this role.”
Prior to joining Skanska, Foushée served as development manager at Talon Private Capital, overseeingthe entitlement, design and construction teams for more than 75 development reposition projects in Seattle. He also served as a development manager at Tarragon. His project development experience spans multiple sectors, from multi-family to mixed-use and industrial.
A Washington native, Foushéeholds a degree in international business from Seattle University. He has served as both a board member and president of the development committee for Rebuilding Together Seattle.
Along with the project in Bellevue, Skanska’s current real estate developments in Seattle include 2+U, a 701,000 square-foot retail, office and arts-and-culture project. At 400 Fairview, Skanska delivered headquarters offices for Tommy Bahama, Impinj and Car Toys/Wireless Advocates, and assembled a Market Hall with mix of local retailers as well as a rooftop restaurant with unparalleled views. Skanska also developed Alley 111, a 260-unit multi-family project with 6,000 square feet of retail in the community of Bellevue. In 2014, Skanska sold Stone34, the global headquarters for Brooks Sports, which was the first project to meet the City of Seattle’s requirements for the city’s Deep Green Pilot Program, making it one of the greenest buildings in the region.
In July 2018 Skanska purchased a land parcel located at NE 8th and 108th in Bellevue’s downtown core, ideally located near major Bellevue employers, including Microsoft’s Bellevue Campus, Amazon, Salesforce, Paccar, Symetra, Expedia and Concur. In October 2017, Skanska also purchased the 2200 Block, a 19,440 square-foot parcel comprised of three properties on 4th Avenue in the Belltown neighborhood of Seattle, which is currently being designed and entitled for a 300-unit multifamily tower.
With more than 70 years of history in the Puget Sound region, Skanska combines generations of local knowledge with the vast tools of a global development and construction firm to build what matters for local communities. Skanska’s portfolio ranges from investing its own capital and developing award-winning sustainable real estate, like Brooks Sports’ headquarters at Stone34, to building local landmarks, such as Benaroya Hall and the Museum of Glass, major infrastructure projects like the replacement of the southern mile of the Alaskan Way Viaduct and small tenant improvements. Recognized as one of the region’s top corporate philanthropists, Skanska is also committed to creating new opportunities for local small, traditionally disadvantaged businesses.
Skanska is one of the world’s leading construction and development companies. In the U.S., Skanska’s core operations include building construction, civil infrastructure and developing self-financed commercial properties, which together generated $8 billion in revenue in 2018. As a developer in the U.S., Skanska has invested a total of $2.3 billion in commercial and multi-family projects. With U.S. headquarters in New York City, Skanska has offices in 28 metro areas with 9,000 employees nationwide. Skanska is an industry-leading innovator in both safety and project execution, and offers competitive solutions for both traditional and complex assignments to help build a more sustainable future for our customers and communities. Global revenue of parent company Skanska AB, headquartered in Stockholm and listed on the Stockholm Stock Exchange, totaled approximately $20 billion in 2018.