Armada/Logerquist Co. president and director Eric Wagner tells GlobeSt the allocation between office space and data storage will be determined by interest. Additionally, he says the ground-floor retail will include a restaurant, and that the penthouses are expected to fetch over $3 million apiece.

Special infrastructure will be built into the tower to accommodate the needs of data center operations, including backup power generators, HVAC, fiber optics and an enormous power supply. Electricity in Puget Sound is currently in high demand and high priced due to a near-critical shortage. The will draw 12,000 amps, and has been cleared to go for its power needs, according to the company.

The goal is to start construction within 90 days, but financing is yet to be finalized and the project has yet to receive final approvals. It is expected shortly. Hewitt Architects of Seattle designed the building. McCarthy is the general contractor. A subsidiary of Armada/Logerquist purchased the property over three years ago.