DEVELOPMENTS

News about construction projects underway

Posted January 2006

The Landing

In what is to become the area's 10th largest shopping center, Harvest Partners has committed to building as much as 800,000 square feet of retail space in Renton under the name of The Landing.

The project, weighing in at $390 million, is expected to include a movie megaplex and a grocery store as well as shopping and food outlets. Generating traffic and spurring economic development, the urban community will have more than 900 residences in the form of apartments or condominiums.

Conceptual plans call for a 123,000-square-foot anchor adjacent to the 26-acre area owned by Fry's Electronics. A bookstore and a hotel are planned, though no names have been announced. Area streets, paved surfaces and parking structures will allow 3,100 vehicles to be on the property at any given time. Office space totaling 57,000 square feet is also expected.

Callison, the same firm that modeled the successful lifestyle additions at Alderwood Mall and nearby Kent Station, designed The Landing's building with a modern mix of metal and glass.

Renton's aspirations to become a major hub between Bellevue and Tacoma took a giant leap forward when Dallas-based Harvest committed to buying and building on the 46-acre project just south of Lake Washington.

Renton is second only to Seattle in terms of household growth in King County, adding more than 2,200 homes since 2000.

The Landing, which has been in the works since 2002 when Boeing announced it was selling the parcel adjacent to its Renton plant, will likely draw residents to its multi-family housing from those working at nearby Paccar or Boeing.

Additionally, the Federal Reserve branch will relocate from Seattle to Renton by 2007. Boeing's backlog of more than 1,000 737s has helped the worker count grow and will likely sustain employment levels at the plant as the plane remains popular on the world stage.

Construction on the first phase of The Landing is set to start by March 2006 and reach completion by Fall 2007.

Northcut Landing

Northcut Landing, a $30 million development near University Village, is expected to open by the end of the year.

The 90,000-square-foot project will be spread across two three-story buildings. Two-thirds of the space is committed to class-A office space, while the remaining 30,000 square feet is retail.

Above- and below-ground parking for more than 200 vehicles will be onsite. Office tenants include Countrywide Home Loans and Northwest Hospital and Medical Center. Retail will include a variety of restaurants and stores.