Microsoft still must seek permits for construction of individual buildings, and road improvements must accompany the development. If built according to the current plans, the campus cut into the forested hilltop north of Interstate 90 would hold 15 buildings -- and as many as 3,000 of the Redmond-based behemoth's employees.
Stacy Drake, a company spokesperson, told GlobeSt.com earlier this month the plans are not, however, cut into stone. "We don't have plans yet for how many sf we will end up building. A lot will be determined by [Microsoft's] growth. We want the predictability of knowing this space will be available when the need arises, but, it is a project that will be built in phases."
Drake says offices Microsoft now occupies provide sufficient space to meet the company's current needs. As 2001 drew to a close, its aggregated sites measured out at 7.9 million sf -- with approximately 3.1 million sf being company owned and the remainder under leases.
As to when the massive project could get underway, Drake says, "We don't have a date. We're still working through the permit process." With the need for the campus still lingering at a point somewhere in the future, there has also been no need to settle upon a general contractor.
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
Already have an account? Sign In Now
*May exclude premium content© 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.