KIRKLAND URBAN Kirkland Business Roundtable Meeting July 10 th , - - PowerPoint PPT Presentation

KIRKLAND URBAN

Kirkland Business Roundtable Meeting July 10th, 2019

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KIRKLAND URBAN – HISTORY

Kirkland Park Place Center - 1970s vs. 2017

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DRIVE ✓ Parking ratio of 3 parking stalls per 1,000 square feet ✓ Complimentary parking for theater and shopping patrons ✓ 3 minute drive to I-405 and 7 minutes to SR-520 ✓ Pioneered paid office parking at $150/stall/month WALK ✓ Walking distance to all of Downtown Kirkland’s amenities and Lake Washington – over 100 shops / restaurants BUS ✓ Steps away from Kirkland Transit Center and Kirkland Way Park and Ride with major bus routes ✓ Bus Rapid Transit coming to 405 in early 2020s ✓ 1500 feet from the Cross Kirkland Corridor

Kirkland is a vibrant water front destination with an unparalleled blend of outdoor recreation, art, dining and boutique shopping. Located on the shores of Lake Washington just east of Seattle, no other city in the Puget Sound region has as many waterfront parks and beaches as Kirkland.

KIRKLAND URBAN – FUTURE OF SUBARBS

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KIRKLAND URBAN – DEVELOPMENT TIMELINE

TIMING ACTIONS November 14th 2018 Urban North turned over by Contractor / QFC starts tenant improvements May 28, 2019 Uptown @ Kirkland Urban begins pre-leasing June 10, 2019 Tableau occupies three floors in Urban North June 7, 2019 Urban Central, Parking Garage and Pavilion buildings turned over by Contractor July 31, 2019 New QFC Grand Opening August, 2019 Four additional retailers scheduled to open including Shake Shack August 16, 2019 Uptown @ Kirkland Urban residents begin to move in September, 2019 Existing Parkplace building and QFC to be demolished Q4 2019 Construction begins on Urban South End of 2019 Approval by City of requested changes to Master Plan and Design Guidelines Approximately Mid-2020 Construction begins on Urban East

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KIRKLAND URBAN – TENANT UPDATE

l{irkland Urban will get world's first Topgolf Lounge

Shake Shack Is Bringing Its Burgers and Insane Lines to Kirkland

Tutta Bella to partner with

QFC and open in

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location at Kirkland Urban

KIRKLAND URBAN – TENANT ROSTER

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Opening Dat e Oct- 19 Nov-19' Nov-19, Nov-19, Dec-19 Dec-19

After Salesforce new $15.7B acquisition of Tableau Software Inc., Tableau prepares to set up its new shop in Kirkland Urban

KIRKLAND URBAN – KIRKLAND NEWS

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Tableau plans to expand into a new 100,000-square-foot office in the Kirkland Urban develop1

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110,000-square-foot building in Fremont near its former headquarters.

PUGET SOUND

BUSINESS JOURNAL

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KIRKLAND URBAN – URBAN SOUTH

Urban South – currently under design review

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KIRKLAND URBAN – URBAN SOUTH

L1: Retail and Movie Theater L2-7: Office 3 levels of parking for approximately 900 additional vehicles

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KIRKLAND URBAN – URBAN SOUTH

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KIRKLAND URBAN – URBAN SOUTH

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KIRKLAND URBAN – URBAN SOUTH

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KIRKLAND URBAN – URBAN SOUTH

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KIRKLAND URBAN – URBAN SOUTH

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KIRKLAND URBAN – CONSTRUCTION PHOTOS

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KIRKLAND URBAN – CONSTRUCTION PHOTOS

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KIRKLAND URBAN – CONSTRUCTION PHOTOS

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KIRKLAND URBAN – CONSTRUCTION PHOTOS

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KIRKLAND URBAN – CONSTRUCTION PHOTOS

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KIRKLAND URBAN – MARKETPLACE PLAN

PARK LEVEL

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KIRKLAND URBAN – MARKETPLACE PLAN

PLAZA LEVEL

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KIRKLAND URBAN – AMENITIES PACKAGE

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KIRKLAND URBAN – AMENITIES PACKAGE

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KIRKLAND URBAN – RESIDENTIAL RENDERING

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KIRKLAND URBAN – RESIDENTIAL RENDERING

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KIRKLAND URBAN – RESIDENTIAL RENDERING

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Thank you!

WILLIAM LEEDOM

MANAGING DIRECTOR - INVESTMENTS