Projects

SAMPLE COMPLETED PROJECTS



City of Seattle:
Fort Lawton Base Realignment and Closure
Magnolia Neighborhood, Seattle, WA


GARDNER ECONOMICS undertook an analysis of supply and demand for single and multi-family units in the Magnolia neighborhood of Seattle. Our recommendations for product and density aided the City and the Seattle Housing Authority in passing a plan for a residential community including both for-sale and low income housing units.

Schnitzer West:
The Bravern, Bellevue, WA


GARDNER ECONOMICS prepared a feasibility analysis for this major mixed use project located in Bellevue, Washington. At completion, the project yielded 4 towers with 450 residential units, 300,000 square feet of retail uses and 740,000 square feet of office space.

Intracorp:
Talus Master Planned Development, Issaquah, WA


GARDNER ECONOMICS prepared an economic and market analysis for the Talus Master Planned Community in Issaquah, Washington. In addition to these tasks, residual land value analyses were prepared that assisted the client in obtaining debt and equity financing for the development that is now complete.


Tarragon Development:
Kent Station, Kent, WA


GARDNER ECONOMICS prepared a feasibility analysis for the development of a vacant lot located adjacent to the Kent Station T.O.D.  Analysis included the study of economic drivers, market demand levels, unit mix, achievable rent levels by unit type, and project absorption to stabilized occupancy.

Triad Development:
Civic Center, Seattle, WA


GARDNER ECONOMICS prepared a feasibility study for a 520 foot tower that will comprise 600,000 square feet of office space, 138 residential units and 30,000 square feet of retail uses. As part of an agreement between the developer and the City, the Client proposed constructing a public plaza and associated retail space to help activate the Civic Square. The development will ultimately provide a vital new focus for Seattle’s civic life, reinvigorating the south downtown area for the city’s benefit.

Opus Northwest:
1521 Second Avenue, Seattle, WA


GARDNER ECONOMICS prepared a market study for a 149-unit condominium project located in the heart of downtown Seattle. At that time, the project was the largest single tower condominium development in the City. The study’s goals were to define the projects unit mix, pricing, and absorption schedule.

Canada Pension Plan Investment Board:
6th & Lenora Apartments, Seattle, WA


GARDNER ECONOMICS prepared a feasibility study for twin 25-story apartment towers over a podium. Comprising 654-units, at completion this project will be the largest single apartment development ever constructed in Seattle.

City of Tukwila:
Urban Renewal Project


GARDNER ECONOMICS conducted a market and financial analysis of a proposed redevelopment plan for downtown Tukwila. The City’s core had been in decline despite sustained growth in the overall Seattle metropolitan area. The redevelopment project entailed condemnation of several City blocks, and a mixed-use development program. Analysis included characterizing historical and existing supply of various land uses with particular attention to those uses that had declined in Tukwila. Additionally, the Firm projected demand for various uses given likely future employment and population changes over a five-year horizon. The Firm also analyzed the financial feasibility of various uses as part of the greater mixed-use orientation of the project to determine likely highest and best uses.