In the News
November 06, 2015
Initial buildings tilted at Des Moines business park
Seattle Daily Journal of Commerce
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Sierra Construction recently tilted concrete walls for the third building of Des Moines Creek Business Park's first phase.
Panattoni Development and MetLife are the owners of the 87-acre park along 24th Avenue South, between South 208th and 216th streets.
The initial phase includes buildings of 157,200, 145,200 and 233,600 square feet. Those buildings have 30-foot ceilings, and 119 dock-high and 16 ground-level loading bays. Project officials expect to receive LEED silver certification for all three.
Broker Christopher Corr of Kidder Mathews says the first phase is about 48 percent leased by two distribution companies, a produce distributor and a food manufacturer. He said the first tenant will move into its space in January.
Corr didn't disclose lease rates.
CollinsWoerman designed the shells of the first phase buildings and SynThesis Architects is the interior designer.
A second phase will build a 300,000-square-foot regional office for the Federal Aviation Administration at the corner of South 216th Street and 24th Avenue South. That project team is led by CollinsWoerman and Abbott Construction.
Corr said the FAA is working on drawings for its project. Earlier this year, a Panattoni official said construction of the building could start in early 2016 and take 18 months.
The park's third and final phase could start in the second quarter of 2016 with 150,000- and 350,000-square-foot buildings. Corr said they would be ready in late 2016 or early 2017.
Kidder Mathews' leasing team includes Thad Mallory and Travis Stanaway.
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