Last night the City Council began planning for its first City Hall on the property, to open within two years. Under one scenario, a pair of 15,000-square-foot buildings would be constructed for $7 million.

Sammamish could then pay off much of the cost of development by leasing out half the office space. It would also provide room for expansion when the time came. More public hearings are planned.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Development
Office
Seattle