Its developers are calling it the “the greenest commercial building in the world.” You used to call it CC’s. Monday afternoon, the ambitious
Cascadia Center Bullitt Center will officially break ground on the $30 million project to create a “zero energy” office building on the edge of Capitol Hill.
When: Monday, August 29 – 3:30pm
1501 Madison Street (at 15th Ave) on Seattle’s Capital Hill
- Denis Hayes, The Bullitt Foundation
- Seattle Mayor Mike McGinn
- Seattle Councilmember Richard Conlin
- King County Executive Dow Constantine
A groundbreaking celebration for the Bullitt Center, which is designed to be the greenest commercial building in the world. With solar panels generating as much energy as it needs in a year (in Seattle!), capturing rainwater for all water needs and treating all wastewater on site, the Bullitt Center goes far beyond a typical green building.
A solar panel like the ones that will be used on the building will be on display during the event.
The announcement, you may have noted, also marks a shift in the naming for the project from Cascadia Center to the Bullitt Center. “Formerly known as the ‘Cascadia Center for Sustainable Design and Construction,’ the building will be formally named the Bullitt Center at the groundbreaking event, to honor the Bullitt Family’s legacy of investment in environmental causes in Seattle and the Pacific Northwest,” the bulletin on the groundbreaking ceremony explains.
CHS has followed the development of the project over recent years including a battle with the owners of the adjacent apartment building in which the Hearing Examiner ultimately ruled in favor of developer Point32 and allowed the project to maintain its plan to build to greater height than typically permitted by the area’s zoning.
The 75-foot building’s ambitious “zero waste” strategy has also undergone some modifications as construction approached. In June, CHS reported that developers had decided to scrap a massive solar array planned for the south-facing wall of the center.
The Seattle Times reports on who we’ll find working at the Center when it is completed in 2012:
The building, scheduled for completion late next year, will be one more asset in the foundation’s diverse portfolio of investments. Hayes says forecasts indicate it will generate a positive return although it probably won’t be the portfolio’s best performer right away.
Income will come from rents. Tenants who have tentatively committed to lease space in the building say they’re willing to pay a premium to locate there.
Four of the six floors already are spoken for, says developer Chris Rogers, who is overseeing the project for Bullitt. Rents will be comparable to many prime “Class A” buildings downtown, he says. The foundation is moving its headquarters to the building, leasing half a floor.
Work has already been underway at the site since earlier this summer. Mayor Mike McGinn and County Executive Dow Constantine are expected to attend Monday’s groundbreaking ceremony.