Vulcan Real Estate

2022 Annual Highlights

Project Completions

520 Westlake

347,000 SF of office space in South Lake Union pre-leased to Google with 25,000 SF of retail

View Property

Groundbreakings

345 units in Yesler, including affordable housing

261 units in Yesler, including affordable housing

Leases

7,000 SF new retail opened & 20,000 SF retail leases signed

Sandbox VR (6,000 SF)

Restaurant (3,800 SF)

Simply Soulful
Opened Aug 2022

23rd Ave Brewery
Opened Jun 2022

Lakeside SLU
Opened Jun 2022

Restaurant (9,900 SF)

Awards

FIABCI World Prix D’Excellence Silver Award, Residential Low-Rise Category: Sitka

PNW Admin Awards Spirit Award: Madeline Herzog

ASLA Washington Residential Design Honor Award: Sitka

ASLA Washington General Design (Private Ownership) Merit Award: Arbor Blocks

ASLA Washington Residential Design Merit Award: Jackson Apartments

Community Impact

Installated Dreamer by Patti Warashina at 520 Westlake as part of our extensive Public Artwork program

55% of apprenticeship labor at our commercial projects consisted of women & minorities in 2022

Over 15% of subcontract labor in 2022 was awarded to women- and minority-owned business enterprises (WMBE) at our residential projects

Sustainability

Eight multifamily development projects newly certified or recertified as Salmon-Safe

Vulcan Real Estate reaccredited as a Salmon-Safe developer

Dispositions

$841M in Dispositions