Pacific-Place_Digital-Leasing-Brochure-1

GDP per capita#4 IN THE US Wealthiest city #9 IN THE US WHY SEATTLE?. Visitors to Seattle each year 38 MILLION Projected population growth by 2023 2x NATIONAL AVERAGE for total passenger

W H E R E S E AT T L E

C O M E S T O L I F E

GDP per capita

#4

IN THE US

Wealthiest city

#9

IN THE US

WHY SEATTLE?

Visitors to Seattle each year

38

MILLION

Projected population growth by 2023

2x

NATIONAL AVERAGE

for total passenger traffic

at Seatac Airport

#8

IN THE US

Wealthy millennial households

#4

IN THE US

From international tourism each year

16%

VISITOR SPENDING

Largest population with 3,798,902 residents

#15

IN THE US

Number of cranes Top expansion market for Bay Area tech companies Population growth of 20-somethings

Multifamily construction spending per capita Percentage of the population with a college degree

#1 I N T H E U S

UNIVERSITY VILLAGE

PACIFIC PLACE

BELLEVUE SQUARE

AIRPORT

1 Bill & Melinda Gates

Foundation

2 Apple

3 Facebook (Arbor Block s)

4 Google Corporate

5 Amazon Campus

6 Amazon World HQ &

Spheres

7 Light Rail Westlake

Station

8 Pike Place Market

9 Seattle Art Museum

10 Benaroya Hall

11 The 5th Avenue Theatre

12 Washing ton State

Convention Center

13 Paramount Theatre

Entertainment Residential

Of f ice Retail Hotel

A CITY

ON THE

RISE

IT’S ALL HAPPENING

DOWNTOWN

PACIFIC PLACE

UNIVERSITY VILLAGE BELLEVUE SQUARE PIONEER PLACE

CHERRY CREEK

CITY CREEK

GALLERIA EDINA DENVER PAVILIONS

50k

POPU L ATION

In 2018, Seattle ranked #1 in the US for

multifamily construction spending per capita

1 Mile

3 Miles Metro Area

Denver Pavilions

$50k

0

$100k

$150k

$200k

Pacific Place University

Village

Bellevue Square

Pioneer Place Cherry Creek City Creek Galleria

Edina

$99,905 $101,885

AVE R AG E HOUSE HOLD INCOME

In 2018, Seattle ranked #1 in the US for expansion markets for Bay Area tech companies

1 Mile

3 Miles Metro Area

1 MILE

42.7%

47.5%

33.5%

40.5%

31.8%

36.0%

30.1%

46.8%

3 MILES

40.4%

40.8%

30.5%

37.3%

42.4%

36.6%

26.8%

41.9%

MSA

30.5%

30.5%

30.5%

28.7%

30.1%

31.0%

27.7%

30.1%

MILLE NNIAL S (20 TO 39)

1 MILE

$103,315 $95,131 $165,759 $78,466 $194,014 $67,128 $101,885

$76,171

3 MILES

$128,823 $143,477 $184,707 $108,013 $96,092 $82,425 $130,596

$91,683

MSA

$118,413 $118,413 $118,413 $100,785 $108,723 $99,905 $106,780

$108,723

AVG HOUSE HOLD INCOME CENTER

Pacific Place (Seattle, WA)

University Village (Seattle, WA)

Bellevue Square (Bellevue, WA)

Pioneer Place (Portland, OR)

Cherry Creek (Denver, CO)

City Creek (Salt Lake City, UT)

Galleria Edina (Edina, MN)

Denver Pavilions (Denver, CO)

EMPLOYEES

1 MILE

189,299 17,518 51,580 109,397 23,935 65,667 27,496 127,754

3 MILES

325,147 105,954 100,316 280,759 225,344 145,647 113,547 253,841

MSA

1.7MM 1.7MM 1.7MM 1.1MM 1.4MM 615,615 2.1MM 1.4 MM

POPU L ATION

1 MILE

84,194 40,015 25,431 38,461 18,446 25,299 18,423 43,457

3 MILES

242,973 208,202 84,372 189,653 225,016 136,589 111,516 238,914

MSA

4.0MM 4.0MM 4.0MM 2.5MM 2.9MM 1.2MM 3.7MM 2.9 MM

San Francisco

Seattle

Nashville Austin Portland Boston Denver Los Angeles Atlanta Phoenix Houston

93%

90%

89%

89%

88%

86%

85%

85%

81%

80%

76%

OFFICE OCCU PANCY

Compared to peer U.S cities

PE RCE NT OF ALL CE NTR AL BUSINESS DISTRIC T OFFICE CONSTRUC TION

in the U.S by city in 2017

SEATTLE WORKPLACES

300,000 jobs are located

Downtown—approximately 30 jobs per day were added from

2010 through 2018

7 1MM square feet of office

space Downtown represents 79% of the total office

inventory in Seattle

69,000+ TECH WORKE RS

4 companies within 1 mile: Amazon, Facebook, Google, Apple

NE ARLY 13MM square

feet of office was added

to Downtown Seattle since

2010 to support the 39%

increase in jobs

MA JOR E MPLOYE RS

20.4%

SEATTLE

19.9%

CHICAGO

48.3%

ALL OTHER CITIES

11.4%

WASHINGTON, DC

Washington State Convention Center Expansion Project

©LMN2017

2011

0 100k 200k 300k 400k

400k

CONVE NTION CE NTE R AT TE NDANCE

A $ 1 6 B I L LI O N A D D ITI O N TO T H E

WA S H I N GTO N S TAT E CO N V E N TI O N

C E N T E R W I L L O P E N I N Q1 2 02 2 ,

D O U B LI N G IT S S I Z E A N D P OT E N TI A L

$0 $1k $2k $3k $4k $5k

San Francisco Los Angeles Boston Seattle Denver Portland Atlanta Austin Nashville Houston Phoenix

$4,550

$3,595

$2,700

$2,600

$2,095

$1,995

$1,725

$1,695

$1,675

$1,550

$1,397

82 ,000 residents (more

than one in ten Seattleites)

call Downtown home

38% INCRE ASE

in Downtown Seattle

population since 2010

R ANKE D # 1 in the U.S in

2018 for greatest population

growth for 20-somethings by

CBRE and for the highest net

millennial migration by JLL

3 ,780 new residential units

were completed in 2018

33 ,000 more housing units

are planned for Downtown

MORE THAN 54 ,000

HOUSE HOLDS in

Downtown Seattle, and eight

out of ten are renters

R ANKE D # 1 in the

U.S in 2018 for multifamily

construction spending

per capita

RESIDENTIAL

2012 1,875 10k 18k

2013 2014 2015 2016 2017 2018 2019 2020 2021

2,446 3,292

3,600

2,199

5,677

3,780 3,535

5,617

17,454

Seattle 40%

60%

80%

100%

Boston Portland

92.2%

91.6%

89.8%

SF Denver Nashville LA

87.8%

85.9% 84.8%

83.7%

Atlanta Austin Phoenix Houston

73.5% 73.2%

58.6% 58.4%

DOWNTOWN HOTE L OCCU PANCY

Upon recent completion of the Hyatt Regency, the largest hotel in the Pacific Northwest, Downtown Seattle now has 16,000 hotel rooms and 2,00 Airbnb listings

CRUISE SHIP PASSE NG E R BOARDINGS

Cruise ship passengers disembark from Pier 66 and Pier 91, 1 mile away

THE 2019 E ME R ALD CIT Y EXPE RIE NCE

Since 2010, Downtown Seattle has seen a 63% increase in sales

for entertainment, food, recreation, sports, and arts.

8 6 MILLION

museum and performance attendees

3 5 MILLION

sports fans

15 MILLION

visitors to Pike Place Market

3 6 MILLION

hotel room nights booked

$1 6 BILLION

in entertainment industry retail sales

1 1 MILLION

cruise passengers board or disembark

at Piers 66 & 91

2014 0

200k 400k 600k 800k 1MM 1.2MM

2015 2016 2017 2018

823,780

898,032

983,539

1,071,594 1,100,600

DOWNTOWN SEATTLE

RETAIL

WESTLAKE AVE

7TH AVE

PINE ST UNION ST

STEWART ST VIRGINIA ST

5TH AVE

4TH AVE

3RD AVE

6TH AVE

8TH AVE

9TH AVE

Paramount Theatre

I-5

I-5

Convention Center Expansion

Convention Center Expansion

Light Rail Construction Site

Ruth’s Chris Steakhouse

Washington State Convention &

Trade Center

Grand Hyatt Hotel

Tower @ 801 Hyatt Regency

United States District Courthouse

1700 7th Office Towers

blue acre

Plaza 600 Bldg.

Westin Hotel Westin

Bldg.

6th &

Lenora Bldg.

Bank of America

Credit Union

Lloyd Bldg.

The Tower Bldg.

Do The Extraordinary

The Warwick

Hotel

Hotel Andra

Olive 8 Hyatt Hotel and Condos

Paramount Hotel

1600 7th Office Tower

Mr West

Zane+Wylie’s

Club Monaco

Seattle Sheraton Hotel

Roche Bobois

Bed Bath

& Beyond

Centennial Bldg.

Mayflower Park Hotel Westlake Center

Hotel

Works Timbuk2

Motif Hotel

U.S Bank Centre

Seattle Hilton

Redevelopment Office Tower, Hotel and Retail Rainer Square

IBM Plaza

Park Place Building

Two Union Square

One Union Square

Washington Athletic Club

Securities Bldg.

Fairmont Hotel

Capital Grill

UW Store

Seattle Symphony Triple Door

im

s Sq

5th Ave Theater

Brooks Brothers

Doc Marten’s

Mountain Hardwear

Ross Dress For Less

Mario’s North Face

Despite being less than 6% of Seattle’s land mass, Downtown Seattle is home to 1/3 OF

B RICK-AND - MORTAR

nearly 1/2 of leisure spending (including dining )

retail sales Downtown in 2018

MORE THAN A MILLION

square feet of retail leases were signed in the past five years

FIVE LEVELS

OF FASHION,

FLAVOR &

FASCINATION

M O D E R N D E S I G N

M A R R I E S W IT H

N AT U R A L E L E M E N T S

TO C R E AT E A

CO N T E M P O R A RY

U R BA N R E TA I L

A N D D I N I N G

E N V I R O N M E N T

1 , 200 PARKING SPACES

DE DICATE D SOCIAL ME DIA &

MARKETING TE AM 24HR SECU RIT Y VALET

COVE RE D RIDESHARE DROP OFF

CONCIE RG E

& f ive levels of shopping span

an entire Downtown city block

DR AMATIC NEW

Seattle’s tech neighborhoods

LIG HT- FILLE D ATRIU M

and transformed interiors energ ize gathering spaces

& connect the outdoors to The Great Indoors

OLIV E W

AY | S TREE T L

EVEL

PIN E S

T | S

TR EE

T L EV EL

UR SE

PAC I F I C P L AC E ’ S

EIGHT FIGURE RENOVATION

af ter before

- 13

- 14

- 15

P A C I F I C P L A C E S E A T T L E C O M

F O L L O W U S O N I N S T A G R A M :

@ P A C I F I C _ P L A C E

F O R L E A S I N G I N F O R M A T I O N

R O S S P E Y T O N

R O S S P E Y T O N @ M A D I S O N M A R Q U E T T E C O M

R I C H J O H N S O N

R I C H @ O D Y S S E Y R E T A I L A D V I S O R S C O M

D A N I E L L E W I S

D A N I E L @ O D Y S S E Y R E T A I L A D V I S O R S C O M

L I Z M C L A Y

L I Z @ O D Y S S E Y R E T A I L A D V I S O R S C O M