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June 17, 2016

Sodo warehouse may have 4 stories

Seattle Daily Journal of Commerce

SEATTLE -San Francisco-based industrial developer Prologis has filed plans with the city to build a four-story warehouse, manufacturing and research building at 646 S. Holgate St. in Sodo.

The 196,500-square-foot project would have parking 112 vehicles.

Prologis is responding to a need for warehouse space in Seattle, but differentiating itself by building vertically.

The company applied for a permit in 2014 to build a pair of two-story warehouses at 6050 E. Marginal Way S. in Georgetown. Prologis has since revised its application to add a story to each of the structures, increasing the size of the project by nearly 50 percent, from 540,500 square feet to 801,900 square feet.

Matt Wood, a partner a Kidder Mathews told the DJC last year that multistory warehouses could become more common here.

"It's a very expensive option, so you only do it when you're land constrained," he said.

© 2016 Seattle Daily Journal of Commerce. All rights reserved.

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