The FAA's new regional office has been cleared for take off.
On Tuesday there will be a groundbreaking ceremony for the Federal Aviation Administration's five-story, 300,000-square-foot regional office at the Des Moines Creek Business Park.
It will take about 18 months to build the office at the corner of South 216th Street and 24th Avenue South, according to Bart Brynestad, partner at Panattoni Development Co., which is developing the 87-acre business park.
The FAA building is the second phase of the park, and the lease is for 20 years.
The U.S. General Services Administration last year chose the site to consolidate the agency's regional operations. FAA now occupies more than 350,000 square feet in Renton and SeaTac.
All 1,425 of FAA's regional employees will work out of the office, and there is room for up to 1,600 people.
The new office will have equipment and infrastructure upgrades as well as additional security that FAA didn't have at its Renton and SeaTac facilities.
When Des Moines Creek Business Park is completed it will have about 1.3 million square feet of office and industrial space.
CollinsWoerman is designing the business park, Abbott Construction is building the FAA building, and Sierra Construction Co. is the general contractor for the rest of the project. Christopher J. Corr, Thad Mallory and Travis Stanaway of Kidder Mathews are brokers for Des Moines Creek Business Park.
The shells for the park's first phase - three buildings totaling 535,000 square feet - are done. Brynestad said some tenants are moving in now and others are finishing their spaces.
The park's first phase is about 85 percent leased. Brynestad said he is working on another lease that would bring it to 95 percent.
The biggest tenant is ski and snowboard manufacturer K2 Sports, which has leased 175,000 square feet. Other tenants are Organically Grown Co., a distributor of organic produce; Pods, a storage and moving company; Greencore Group, a manufacturer of convenience food based in Ireland; and Meiko, a third party logistics company based in Japan.
The third phase of the park is under construction now: a 350,000-square-foot building and a 150,000-square-foot building. Brynestad said they will be done in December, and no leases have been signed.
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