SEATTLE — Just up from Lake Union in Seattle’s Northlake neighborhood, passersby can stop and watch something surreal in these remote-work times — an office building under construction.
Northlake Commons, a mixed-use, mass-timber building with 175,000 square feet of office space, was launched before COVID-19 left Seattle with half-filled offices and a double-digit office vacancy rate.
But the developer, Hess Callahan Gray Group, adjusted to that new environment. The building, originally intended for generic office tenants, was redesigned so it can also house tenants from the life sciences sector, which has been less affected by remote work. “You can’t do lab work from home, for the most part,” says HCG’s Joanna Callahan.
The project also has another, natural selling point: It’s not downtown.
Despite serial predictions of an imminent Office Return, most remote workers still haven’t come back. Offices in downtown Seattle remain at around 40% of their pre-COVID worker occupancy, according to data posted by the Downtown Seattle Association. (In downtown Bellevue, offices are up to 65% full, based on estimates using cellphone data by the Bellevue Downtown Association.)