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LPC and Partners Break Ground on U District Office Tower
Lincoln Property Company (LPC), Intercontinental Real Estate Corporation, University of Washington (UW) and Sound Transit broke ground Wednesday on the new University District Station Building. The 266,000-square-foot office building in the center of Seattle’s University District will feature ground-floor retail, Class-A office space and a rooftop terrace.
LPC was selected by UW to develop the project over Sound Transit’s subterranean U District light rail station, which opened in Fall of 2021. Due to its strategic location, the high-density office and retail project will encourage use of public transit, the developer said.
“LPC has a track record of delivering state-of-the-art office space, but this location is special and provides access to transit that is unmatched,” said VP Alex Aigner with LPC.
UW will occupy five floors of the building with administrative space. Newmark’s Cavan O’Keefe, Tim O’Keefe and Jesse Ottele will be leasing the remaining 133,000 square feet of office and retail.
- ◦Development
