OLYMPIC BLOCK BUILDING 105 YESLER WAY SEATTLE, WA
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1 OLYMPIC BLOCK BUILDING 105 YESLER WAY SEATTLE, WA office office
2 Olympic Block Building Pioneer Square Alley PIONEER PASSAGE ALLEY TRANSFORMATION Pioneer Passage Alley Adjacent to the space, Pioneer Passage Alley will be resurfaced and transformed to include an art and light installation similar to Nord Alley in Pioneer Square. This revitalization of common areas in Pioneer Square is driven by the International Sustainability Institute and Alliance for Pioneer Square to create active and vibrant streets that feed the art culture in the neighborhood and draw people to local businesses. Retailers can take advantage of the inviting and aesthetically pleasing outdoor area abu ing the space at the Olympic Block Building. Already, Mexican restaurant and cantina Casco Antiguo has built an alley facing deck activating Passage Alley with sociable sounds of dining, steps from our space. To date, more than 6,000 people have a ended alley events and the initiative has united the community, expanding Pioneer Square s pedestrian-friendly streetscape to its alleys. Pioneer Passage will be complete by end of year, Sea le City Light utility work will be complete this summer. tenants or buyers should consult their professional advisors and conduct their
3 Olympic Block Building Pioneer Square Iconic Corner Building The historic Olympic Block Building is situated on the iconic Pioneer Square corner of First Avenue South and Yesler Way across the street from Pioneer Square Park. In the heart of Sea le s historic and dynamic neighborhood, Pioneer Square is a true renaissance being revitalized by the influx of tech firms, the city s biggest name chefs and the anticipated $1 billion makeover of the waterfront. The demolition of the Alaskan Way Viaduct, restoration of Elliot Bay seawall and redevelopment of the Pike Place Market waterfront entrance is enhancing the area and fueling development projects such as Hudson Pacific Properties 160,000 square-foot office project starting construction this spring blocks from the site, which is already 55% leased to Saltchuk, the second largest private company in Washington. Other developments include Weyerhaeuser s headquarters two blocks away, the Grand Central Building renovation one and a half blocks away and the continued Stadium Place master plan development. The office investment sales activity year-to-date has increased 34% over 2014 within a half mile radius of the Olympic Block Building and only about 4% of the Class A office space in Pioneer Square is vacant, making it one of the strongest markets in the city. As such, Pioneer Square continues to grow and gain Sea le s reputation as a serious food, drink and retail destination, with award-winning restaurateurs se ing more tables. Project Details Location: Retail SF: Rate: NNN's: Delivery: 105 Yesler Way 1,866-3,000 SF $35.00 PSF NNN $8.31 PSF Immediately
4 Pioneer Square is one of the most well-connected neighborhoods close to public transit, including many bus lines and the King Street train station and area freeways. The construction of the new Weyerhaeuser HQ at Occidental Park will be complete this year. Weyerhaeuser and Saltchuk are just some of the companies joining Intel, Uber, PayScale, Socrata, Deloi e Digital and more. The Olympic Block Building offers excellent visibility and activity with a day-time population of 90,354 within half a mile of the site and over 20,000 vehicles and 3,000 pedestrians traveling past every day. Smith Tower Intel Socrata Centurylink Field Safeco Field & WaMu Theater 0.2 mile away Pixar Stadium Place Master Plan SITE Weyerhaeuser HQ Uber Comscore Occidental Square Saltchuk HQ 0.5 mile 1 mile 3mile Population 11,016 36, ,943 Households 5,902 21, ,065 Avg. Household Income $ 68,972 $ 70,893 $ 91,844 Total Employees 90, , ,332
5 Ferry Terminal 23,000 riders+11,780 foot passengers/day Water taxi 1,170 foot passengers/day Puget Sound Western Ave Alaskan Way S Columbia St 99 Post Ave 4min walk 1st Ave S SITE st Ave S 4 Cherry St Highest Daily Pedestrian Volume in the City 2nd Ave Pioneer Square Park Yesler Way S Washington St S Main St S Jackson St S King St rd Ave Transit Tunnel & Link Light Rail James St 2nd Ave Ext 34 3rd Ave S 13 Seattle Street Car 3,000/day expected Jefferson St 4th Ave S Terrace St Transit Tunnel & Link Light Rail 25,900/day 5th Ave S Delicatus Starbucks Cow Chip Cookies Damn the Weather Merchant s Cafe BRGR Casco Antiguo Nirmal s Tat s Delicatessen II Corvo Collins Pub Sprout Caffe Vita+Pizzeria Napoletana Pizzeria Gabbiano Elm Coffee Roasters Drygoods Design Bar Sajor Caffe Umbria The London Plane 88 Keys Radici Elements Massage Salumi II Terrazzo Carmine Beba s Delicatessen Schoenfeld Interiors Food Bars Coffee Retail S Dearborn St ,000 people transit through Pioneer Square everyday Amtrack & Sound Commuter Rail 4,214/day Cafe Paloma J&M Cafe Central Saloon Altstadt Bierhalle & Brathaus Berliner Pub E Smith Mercantile Rain Shadow Meats Zeitgeist Coffee Taylor Shellfish The Lodge Sports Grille Cherry Street Coffee Surface Theory 20 Comedy Underground 44 Elysian Fields 21 Fireworks 45 Quality Athletics Railroad Way S Centurylink Field Safeco Field 1000 Ft Grand Central Bakery McCoy s Firehouse Bar & Grill Good Bar Cone & Steiner General Velouria Girin Steakhouse & Ssam Bar
6 Olympic Block Building Site Plan 1,866 SF
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