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South Sound Restaurants Get Creative During COVID

The past year’s COVID shutdown and restrictions were especially hard on the restaurant and entertainment industries. Despite the tough times, there have been some positives that have come from the pandemic. There have been many new restaurants, bars and businesses that have opened up over the past year in Washington’s South Sound. To celebrate the innovation that has resulted from challenging circumstances, we are going to share a few uplifting success stories. Many of these places have creatively adapted their business models to government orders or designed a space that allows for optimal ventilation and spread-out seating to keep the public safe and remain compliant with COVID opening regulations.

Below are just a couple of the South Sound eateries that have opened up over the past year, highlighted and shared by our NAIOP South Sound Committee Members.

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UBC Claims Victory in 18th Annual NAIOPWA Real Estate Challenge

The University of British Columbia bested both Portland State University and the University of Washington to emerge as the victor of the 18th Annual NAIOP Washington State Real Estate Challenge!

Teams evaluated the highest and best use for the Alexandria Real Estate-owned site at 1600 Eastlake, which sits at the center of Alexandria’s Eastlake biotech campus. As the site sponsor for the Challenge, Alexandria tasked students with creating a feasible development proposal that would enhance the surrounding biotech campus, enliven the neighborhood, and adhere to Alexandria’s commitment to sustainability.

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NAIOPWA Endorses the Housing Supply and Affordability Act

We need housing near jobs, transit, and opportunity. The Housing Supply and Affordability Act (HSAA) creates a new Local Housing Policy Grant (LHPG) program administered by the U.S. Department of Housing and Urban Development (HUD). The proposed program would provide grants to states, localities, tribes, and regional municipal and county coalitions to support local efforts to expand housing supply.

The HSAA complements legislation such as the bipartisan Yes in My Backyard (YIMBY) Act, which encourages local governments to eliminate exclusionary zoning and discriminatory land-use policies by providing the resources and capacity to enable entities to enact said policies.

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Energy Districts: Key to a Zero Carbon Future

With state and local energy codes marching unflinchingly towards a zero-carbon future, projects seeking to show deep sustainability commitments by going beyond energy code requirements are faced with fewer compelling design options. This may be especially true for large scale projects or multi-building developments, many of which have unique constraints on space and more limited system options. Efficiency focused electric district energy systems, or low-carbon energy districts, have been seeing more widespread adoption in the Pacific Northwest and can help fill this unique niche.

What are low-carbon energy districts?

 Image courtesy of McKinstry

Low-carbon energy districts are communities of buildings connected via common energy infrastructure and systems, designed and operated together with a common goal of reducing carbon emissions and utility energy usage. They include many or all of the following attributes:

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NAIOPWA Member Profile | Bryce Taylor, GLY

Bryce Taylor has been a fixture of the NAIOP community for over 30 years. He got involved in the early ‘90s to jumpstart his career, at the behest of Ted Sive with Lease Crutcher Lewis. Bryce says he “joined NAIOP and immediately got involved with the Community Enhancement Committee – and never regretted it.” Throughout decades of uncertainty and change, Bryce has remained connected to his colleagues through our association. “I have developed hundreds of great relationships through NAIOP.”

We interviewed Bryce about his involvement with NAIOP, the arc of his career, and the impact he’s had on the industry and community.

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WA Real Estate Development Added $8.9B to State Economy in 2020

Washington is the #9 state in the U.S. for contributions to state GDP created by office real estate development. Overall, construction and development of office, industrial, warehouse and retail created and supported 54,983 related jobs and contributing $8.9 billion to the state’s economy in 2020 (the most recent data available).

The data is from “Economic Impacts of Commercial Real Estate, 2021 U.S. Edition,” published annually by the NAIOP Research Foundation. 

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NAIOP Member Call to Action Regarding Rent Control

NAIOPWA is a member of the Partnership for Affordable Housing. We are committed to policies that increase housing creation, access, and affordability. Legislators are considering a rent control bill that would have grave consequences for housing creation and long-term access to affordable housing. SB 5139 would impose the strictest rent control in the nation.

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NAIOPWA Member Profile: Ann Bishop, Wallace Properties


Ann Bishop has been with Wallace Properties for nearly 25 years and a NAIOP member for just as long. Her impressive tenure in commercial real estate makes her an expert voice on industry topics and trends, and her passion for NAIOP is clear from her continued involvement at all levels of our organization. Bishop serves on our chapter’s Board of Directors as Secretary, works with the Government Affairs committee on numerous legislative and policy efforts, and regularly volunteers with the Developing Leaders’ Mentorship Program each year.

When she joined over 20 years ago, she felt that NAIOP was an inclusive space for her, but with few contacts in the organization it was important to lean in early to carve out a place for herself. “If I [had] sat back and waited to be invited… I wouldn’t [have been] there. So you just pick up and go… You join in.”

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NAIOPWA Real Estate Challenge Announces Alexandria as 2021 Site Sponsor

NAIOPWA’s Real Estate Challenge Committee is proud to announce the 2021 Site Sponsor, Alexandria Real Estate Equities, Inc! The Real Estate Challenge is a development case competition in which students at three regional universities take on the role of developer. Each year, students focus on a different site and craft creative, innovative development proposals. Teams present their proposals to a panel of notable developers and investors, who adjudicate the winner of the Challenge and recipient of the coveted Bob Filley Cup.

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NAIOP Washington Introduces Sustainability Award at Night of the Stars 2020

What does it mean to go first? In celebration of NAIOPWA’s Night of the Stars inaugural “Sustainable Development of the Year” category, here is a closer look at the two nominees, each of whom elected to be on the front edge of sustainable real estate development. Read below to learn more about these two industry-leading endeavors.

What is the first thing many developers or investors think when they hear the words “sustainable” or “green” as their architects describe their building design? For decades the common perception has been that it is difficult (if not impossible) to make a deeply green building pencil financially. However, by definition “sustainability” is the nexus of environmental, social and economic progress. We interviewed key participants representing both Watershed and Inspire at the Russell W. Young Building to learn how they overcame perception to create these very special properties.

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Facing An Unprecedented Food Crisis, Farmer Frog Supports Local Communities and Agriculture Producers

NAIOP Washington State is proud to continue our partnership with Farmer Frog, one of this year’s Community Enhancement food drive beneficiaries.

Facing a new crisis, agricultural producers are receiving order and contract cancellations, as well as significantly lower demand for their crops. This has significantly halted the food supply chain. Farmer Frog purchases food from farmers at cost, collects donated items, gleans foods to share and distribute – even USDA provided boxes – all in large volumes, six days a week to over 410 community organizations.

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Mary's Place Keeps Children Fed, Families from Being Unhoused During COVID Crisis

Mary's Place believes that no one's child should sleep outside. They provide safe, inclusive shelter and services that support women, children and families on their journey out of homelessness. They keep families together and inside and, together with our community, provide housing and employment resources, safety, stability, and hope. Mary's Place is the leading provider of shelter and services for families in King County; they operate six emergency family shelters with over 500 beds for moms, dads, and kids; and a drop-in women's day center in downtown Seattle that welcomes in more than 100 women each day.

COVID has changed us all, and Mary's Place has had to adjust their programs and services to ensure that all of their guests and staff stay healthy. Supplies have dwindled, and their volunteer and in-kind donation programs are being re-imagined to become virtual. They are so grateful to their community who have come alongside them during this pandemic to provide protective equipment like masks and facial coverings, cleaning and medical supplies, food, and love!

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Central District Food Bank feeding 1000 people every week during COVID-19

2020 Community Enhancement Food Drive Supporting Byrd Barr, Farmer Frog and Mary's Place

Byrd Barr Place was born in the 1960’s from the recognition that the poor Black neighborhoods of Seattle were chronically under-served by existing services. Our founders within Seattle’s Black community, then based in the Central District, were guided by a vision of equal access to resources and a determination to take bold and transformative action. Our agency, then named the Central Area Motivation Program, was part of the first generation of community-inspired organizations funded by the Economic Opportunity Act. For more than 55 years, Byrd Barr Place has been a community leader and advocate in the fight against the effects of racism and segregation on the region’s African Americans. We continue to be instrumental in combating racial inequity and poverty throughout Seattle by providing an integrated array of basic needs and nutritional services, education resources and financial assistance.

 

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2020 NAIOPWA Summer Social Rock 'n' Roll Golf Tournament Highlights

Our much anticipated 2020 Summer Social gave the NAIOP community the much-needed chance to connect in person. With a wide range of COVID-specific guidelines, a socially-distanced version of the tournament allowed golfers to enjoy split tee times and a more relaxed pace of play in the breezy August heat. 

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NAIOPWA Member Profile: John Pietromonaco, Pietromonaco Jackson Properties

John Pietromonaco of Pietromonaco Jackson Properties has been a NAIOP Washington member for a very long time – 32 years, to be exact – and has enjoyed a distinguished career as a developer in the Puget Sound area. After serving as president in 1999 and spending 20+ years involved heavily in NAIOPWA’s annual Community Enhancement (CE) projects, Pietromonaco is a wellspring of NAIOP memories and institutional knowledge.  

A lot has changed since he joined in 1988, between technological advancement and market fluctuations. John says that “real estate is more complicated [now] than it was in the 70s-80s,” but that ultimately, the industry is very reliant on community and connection. “The only way to get the info you need is through contacts… I even talk to people who are competitors (friendly competitors). It makes the job easier than being a lone wolf and doing it from scratch.” 

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Inslee Delays State Building Code Effective Date to Nov 1 Due to COVID-19, NAIOP Advocacy Efforts

graphic with NAIOPWA logo and COVID 19 response in text on blue textured background

UPDATE [06/29/20]: After an emergency meeting of the State Building Code Council, the state code implementation effective date has now been pushed back to February 1, 2021.

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Exploring Real Estate and Race Through Education

“This isn’t just about programming for us. This is about a group of people called to action on something we are very passionate about, and we felt we had no choice but to do something.” – Serena Sayani, Diversity and Inclusion Co-Chair

In the moments, days and weeks since the death of George Floyd, many of our members have felt a similar call to action. Leading this charge for our organization is the Diversity and Inclusion committee. They have put together two events: A Candid Discussion about Racial Barriers in Commercial Real Estate, on June 30, and, in partnership with the Programs Committee, our July breakfast on Race and Real Estate, on July 15. Both panels are intended to shed light on the intersections between race and real estate through discussion of the history of real estate laws across the country, and to spark thoughtful dialogue with industry leaders on how to make positive changes to alleviate racial inequities in our communities and the built environment.

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NAIOPWA Advocacy Update: Expedited Voluntary Cleanup Program

Update & Summary for August 3, 2020: 
The WA Dept. of Ecology's new Expedited VCP, launched on July 1, 2020, is a self-sustaining process with dedicated staff to respond quickly to the needs of developers working under compressed schedules. The time to get through the expedited VCP could be as short as 4 months compared to 18 months (or more) under the regular VCP. The new program also allows moving sites in the regular VCP to the Expedited VCP as long as certain requirements are met.

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NAIOPWA Member Profile: McKenzie Darr, Development Manager, The Wolff Company

McKenzie Darr (The Wolff Company) is one of the current co-chairs of NAIOPWA's Real Estate Challenge Committee. In her capacity as a co-chair, she helped spearhead the 2020 Challenge, even as COVID-19 altered in-person presentation and competition judging. She has been recognized by her peers for her excellent leadership and dedication to the committee's educational efforts. We asked McKenzie about her work with Wolff, the REC Committee, and her love of live music.  

How would you describe your company’s primary work and scope?
The Wolff Company is a fully integrated real estate investment firm focused on multifamily investment and development. Since 2000, Wolff has invested in, acquired, or developed more than 150 multifamily assets and more than 35,000 multifamily units.
The Northwest Division based in Seattle is responsible for the investment and development of multifamily and senior housing communities in Washington, Oregon, Idaho, and Montana.

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NAIOPWA Celebrates Mother's Day with Interviews from Professional and Working Moms

In honor of Mother’s Day, we want to show our appreciation for the many working moms within our NAIOP chapter and for all the professional women that make our organization great. With 40% female representation on our board and steadily increasing female membership over the last decade, empowering the voices of women in commercial real estate committee rooms, leadership positions, and on event stages remains a top priority of NAIOPWA.

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