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Life Sciences Development Breaks Ground in Downtown Seattle
222 Fifth, a new 197,000-square-foot, 9-story life sciences development at the base of the Space Needle, has broken ground in Downtown Seattle. The project, a joint venture between LPC West and Intercontinental Real Estate Corporation, is scheduled to be completed in early 2024.
The new building is the first in a new wave of developments in the region’s new life sciences hub, the South Lake Union Innovation District. “Seattle is on the cutting edge of international research and discovery. We’re thrilled to join its vibrant research community through this unique 222 Fifth project, which will anchor an exciting new life sciences cluster for the region,” said Intercontinental’s Nicole Griffin.
222 Fifth is built for research with outside air exchange, dedicated emergency power, side-loaded floors ideal for lab layouts and a loading dock designed for lab use. The building will also have on-site security and a 10,000-square-foot outdoor view deck. CBRE will serve as the leasing advisor.
- ◦Development
