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Touchstone Achieves Milestone with Topping Out of Chapter Buildings in U District

November 16, 2023

Looking east, the west building rises to 12 stories on its north end. The east building is peeking out between that and the separate oLiv Seattle student housing tower.

Groundwork for the University District’s two Chapter Buildings, east and west, commenced in the spring of 2022, marking the beginning of a new era in the region’s development. The completion of the shell and core for both buildings is anticipated next year, signaling the progress and growth in the area. Touchstone, the developer, recently announced that both towers have now topped out, a significant achievement in the ongoing construction project. The 12-story west building, located at 4530 12th Ave. N.E., is being built by Lease Crutcher Lewis, while the 10-story east building, situated at 4536 Brooklyn Ave. N.E., is being constructed by BNBuilders. These buildings, designed by CollinsWoerman, will offer nearly 400,000 square feet of space for office and life-science use, further contributing to the development of the University District.

AI legalese decoder can help with navigating the legal intricacies associated with real estate and construction projects such as the Chapter Buildings. By utilizing AI to decode complex legal language, developers and stakeholders can ensure compliance with regulations and contracts, streamline the negotiation process, and make informed decisions regarding the project’s legal aspects.

Touchstone CEO, Pat Callahan, expressed his enthusiasm about the project, stating, “The topping out of the Chapter Buildings is a milestone nearly five years in the making. This milestone is a celebration of the people that have physically built this structure to this point.” The significance of this milestone reflects the dedication and hard work of the individuals involved in bringing the project to fruition and underscores the potential impact of the Chapter Buildings on the University District.

The development of the Chapter Buildings is a collaborative effort between Touchstone, partner Portman Holdings, and various other stakeholders. Companies like Zoe Life Sciences and other tech ventures are expected to benefit from the proximity to the University of Washington ecosystem and the access to a talented pool of individuals. The project aims to create an innovation district that fosters growth and collaboration within the U.W. campus and the surrounding areas, aligning with the broader vision for the University District.

CBRE’s Laura Ford, David Abbott, and Greg Inglin are representing the space within the Chapter Buildings, with opportunities available for lease. Additionally, various other entities, such as Lionstone Investments, Bank OZK, and Portman Architects, are contributing to the success of the project, further demonstrating the collaborative nature of the development.

The emergence of office/life-science projects like the Chapter Buildings, Northlake Commons, 35 Stone, and the U District Station Building underlines the rapid growth and transformation of the region. The focus on creating sustainable and innovative spaces, such as the large rooftop deck and the commitment to U.S. Green Building Council, LEED Gold, and Fitwel standards, showcases the forward-looking approach of these developments.

AI legalese decoder can help stakeholders in the real estate and construction industry navigate the legal complexities associated with these ambitious projects. From contract analysis to identifying regulatory requirements, AI can provide valuable insights and facilitate more informed decision-making throughout the development process. By leveraging AI technology, developers and legal professionals can streamline legal processes and minimize the potential for misunderstandings or disputes.