Kilroy Realty CEO John Kilroy and other company executives were on hand Tuesday for a formal groundbreaking ceremony for 333 Dexter, which will have two 12-story office buildings.
The full-block site, at 333 Dexter Ave. N., was formerly occupied by KING 5, which has relocated to SoDo. The site is also bounded by Aurora Avenue North, and Harrison and Thomas streets.
Site work is underway for the complex, which is expected to open in the summer of 2019.
Kilroy Realty is a publicly traded REIT based in Los Angeles that was founded in 1947. It has a market capitalization of about $7.7 billion. John Kilroy is the son of founder Jim Kilroy, who died last year.
Kilroy called 333 Dexter “our first development here in the Northwest.” Citing future office, residential and retail investment in this area, he said, “We're going to do a lot more stuff up here.”
The complex will have a total of 630,000 square feet of office space. Most floor plates will measure about 27,000 square feet. At the podium level, on floors two through four, floor plates will be about 62,000 square feet.
No announcements have been made about tenants.
The complex will also have 13,000 square feet of retail, 830 parking spaces on five levels below grade, and parking for 455 bikes. Marketing materials say it will have “the largest bike lounge in the city,” with showers and maintenance facilities, along with bike parking, on two levels.
333 Dexter will also have about 24,000 square feet of private decks.
Open public space at the ground level totals about 19,000 square feet. A midblock connector path will allow pedestrians to cross between the towers.
Miller Hull was the architect for 333 Dexter, and Kilroy said, “I'm very excited at the design.”
Also on the team are Swinerton Builders, general contractor; Coughlin Porter Lundeen, civil engineer; Magnusson Klemencic Associates, structural engineer; Glumac, mechanical and electrical engineer; and Hewitt, landscape architect.
DPA Fine Art Consulting of Malibu, California will help Kilroy commission a local artist to do a mural for the complex.
JLL's Lisa Stewart, Cleita Harvey and Joe Gowan are representing the office space. Kidder Mathews' Damian Sevilla and Jason Miller are representing the retail space.