The tech/biomedicine office building Dexter Yard will open in late 2020 in the South Lake Union neighborhood, according to BioMed Realty Vice President and Seattle Market Lead Mike Ruhl. The 15-story, 515K SF building at 700 Dexter Ave. N is designed as a tech office and life science laboratory and office space. It will include 25K SF of ground-floor retail space.
“South Lake Union is a booming hub for the tech and biotech industries,” Ruhl said.
The building, designed by SkB Architects, will have 360-degree views of Lake Union, downtown Seattle and Elliott Bay. The building design makes it easier for pedestrians to walk between the residential and business districts where pedestrian commutes are tricky. It will have a full-size athletic field called The Pitch, on the corner of Eighth Avenue N and Roy Street, for use by both tenants and neighbors.
“We envision Dexter Yard as a gathering place for the neighborhood that provides energy and excitement from morning to dusk,” Ruhl said.
CORRECTION, MAY 15, 8:20 P.M. PT: A previous version of this story had incorrect information about Dexter Yard's ground-floor space. The building will have 25K SF of ground-floor retail. The story has been updated.
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