Construction began this week on 929 Office Tower, a 19-story Class A office building being developed by Trammell Crow Company with its joint venture partner Principal Real Estate Investors in Bellevue, Washington. The 462,000 square foot tower at 929 108th Avenue North, expected to deliver in December 2015, is the first to be built under the new energy code in Bellevue, incorporating a broad range of sustainable design features and will achieve LEED Gold certification. According to a Puget Sound Business Journal article, the new building systems will lower operating expenses versus less responsive, older inventory and will create a more comfortable and productive workspace.
"Companies considering our building will find meaningful improvements in their work environment," said Craig Dobbs, Principal of Trammell Crow Company's Seattle Business Unit. "929 Office Tower is full of modern amenities including a welcoming and functional lobby with causal work areas to full featured meeting rooms, elite club level work out facilities and building control systems that enhance the work place experience."
"We are excited to be partnering with Trammell Crow Company on 929 Office Tower to expand our investment base in the Bellevue CBD where we have enjoyed recent and long term success," said Jay Fisher, Assistant Managing Director of Principal Real Estate Investors and head of asset management and investments for the Pacific Northwest region. "This development is attractive because it will be the first new Class A building delivered into an expanding Eastside market and offers an abundance of tenant focused amenities including many first to market engineering advances."
Tom Bohman, Senior Vice President, Pete Hollomon, Senior Vice President, and Lennon Atteberry, Associate with CBRE's Bellevue office have been appointed to lease and market the project. LMN Architects will serve as lead architect and Lease Crutcher Lewis as general contractor.
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