BioMed Realty RFP Response

M E RCE R M E GA B LOC K
R FP R E S P O N S E
OCTOBER 5, 2018
October 05, 2018
LEAD RESPONDENT & PRINCIPAL CONTACT

Mike Ruhl
BioMed Realty
Vice President, Washington,
201 Elliott Avenue West, Suite 150
Seattle, WA 98119
---
[email protected]
858-774-4845
Re: Mercer Mega Block Response to RFP
Dear Selection Committee,
BioMed Realty is pleased to present our vision and qualifications for Dexter Innovation
Quarter, a response to the Mercer Mega Block request for proposal. Dexter Innovation
Quarter will be an exemplary, well-integrated, community-focused development further
enhancing the unique character of the South Lake Union neighborhood. The project will
embrace a human-scale approach by celebrating community, collaboration, innovation
and discovery through iconic architecture and design.
The following proposal reflects our ongoing partnership with SkB Architects, Turner
Construction, PES Environmental, OAC Services and a diverse group of local consultants
and subcontractors who are industry-leading experts in design, construction, building
sustainability, environmental engineering and project management. Leveraging this
Dexter Yard (700 Dexter Avenue North) project team directly benefits the neighborhood
by preserving our transformative and thoughtful design approach and further solidifying
the mutually beneficial environmental cleanup strategy we have developed and are
implementing in partnership with the Department of Ecology.
The project team is backed by Blackstone Real Estate Partners, which is part of the largest
real estate private equity firm in the world with $119 billion of assets under management.
We thank the City of Seattle for their transformative, community-building vision for these
parcels, as well as Jones Lang LaSalle for their management of this proposal process.
BioMed Realty is honored to submit our proposal to you, and thank you for considering our
project, which holds the noble pursuits of innovation, creativity and the best interests of
the larger community at heart.
Sincerely,
Jon Bergschneider Mike Ruhl

Executive Vice President, Vice President, Washington
Chief Development Officer
201 Elliott Avenue West, Suite 150, Seattle, WA 98119 • biomedrealty.com

TA B LE O F CO NTE NTS
S E C TI O N 1
E X ECUTI V E SU M M A RY
S E C TI O N 2
F I N A N C I A L Q UA LI F I C ATI O N S
S E C TI O N 3
PA ST PROJ EC T Q UA LI F I C ATI O N S
S E C TI O N 4
PROJ EC T CO N C E P T & PU B LI C B E N E F IT
S E C TI O N 5
PROJ EC T D E S I G N
S E C TI O N 6
FINANCIAL OFFER
S E C TI O N 7
PROJ EC T F I N A N C I N G PL A N &
SU PP O RTI N G PRO - FO R M A S
S E C TI O N 8
A PPE N D I C E S
F O R M C .1
FORM C.2
FORM C.3
PA R TN E R S H I P
DE X TER INNOVATION QUARTER 3

EXECUTIVE FINANCIAL PAST PROJECT PROJECT CONCEPT & PROJECT FINANCING PLAN &
PROJECT DESIGN FINANCIAL OFFER APPENDICES
SUMMARY QUALIFICATIONS QUALIFICATIONS PUBLIC BENEFIT SUPPORTING PRO-FORMAS
4DE X TER INNOVATION QUARTER

ENGAGED URBAN DESTINATION
CREATING A DIVERSE,
THAT INSPIRES
SECTION 01
EXECUTIVE SUMMARY
Dexter Innovation Quarter represents the vast possibilities of a diverse

environment created to inspire community, collaboration, innovation,
and discovery. It reimagines the South Lake Union neighborhood
through thoughtful advancements to its skyline, pedestrian
experience, inclusivity, sustainability, and neighborhood DNA.
PROJECT CONCEPT
Dexter Innovation Quarter endeavors to be a district based on social,

as well as technological, innovation by creating an ecosystem that
OUR GOAL
foster opportunities to enrich communities in ways that benefit the IS TO CREATE
general public and private tenants with accessible spaces which
extend an invitation to the entire community. All of us flourish with built-
LARGE SCALE
environments that support multi-generational, diverse cultures and varied DEVELOPMENT
economic stations with a splash of do-it-yourself programming for both
tenants and the community at large. Dexter Innovation Quarter is a place
MEANT TO BE
for people of all ages and innovators of all types to contribute to South EXPERIENCED
Lake Union’s limitless future.
AT HUMAN
Beginning with our Dexter Yard project, which is directly adjacent to
the Mercer Mega Block at 700 Dexter, BioMed Realty is reshaping the
SCALE
neighborhood experience in South Lake Union. Our team is incorporating
an activation strategy within the fabric of our development which is
centered on neighboring connections, health, wellness, and activity. This
essence of Dexter Yard serves as the foundation for our greater vision at
Dexter Innovation Quarter and furthers our goal of creating large scale
development that is meant to be experienced at human scale, impacting
not only tenants but all those who call Seattle home.
Dexter Innovation Quarter is currently envisioned as one of the following

conceptual development program options:
• Option A—shall include a minimum of 718k FAR square feet of

commercial development and delivery of 175 affordable housing
units at the 60% AMI level plus the necessary affordable units
required to satisfy the current MHA program (in lieu of HALA fees).
This option may also include additional market rate residential
development up to the maximum FAR presented in the Mercer
Mega Block RFP.

EXECUTIVE SUMMARY (CONT.)
• Option B—shall include a minimum of 911k FAR square feet of

commercial development and may also include additional market
$10+ BILLION
REAL ESTATE FRANCHISE
rate residential development up to the maximum FAR presented in
13+ MILLION
the Mercer Mega Block RFP.
PUBLIC BENEFIT RENTABLE SQUARE FEET

IN THE UNITED STATES
BioMed Realty has been providing creative and innovative real estate
AND UNITED KINGDOM
solutions to the life science, bio-tech and high-tech communities since
500K RSF
2004. Community is at the core of our development platform and
Dexter Innovation Quarter will aim to maximize community benefits by
exploring solutions to the education, affordable housing, sustainability UNDER MANAGEMENT
and transportation needs which are among the most pressing socio- IN SEATTLE
economic issues in Seattle.
Seattle Public Schools, Seattle Colleges and Bellevue College have 520K RSF
expressed interest in partnering with BioMed Realty on programs for UNDER DEVELOPMENT
STEM/STEAM education, contract training for local workforce and local IN SEATTLE
internship/externship programs. Integrity Housing is providing their
multi-state expertise, as an affordable housing developer, to enhance
the affordable housing aspects of our offering. In other Seattle portfolio
developments, BioMed Realty continues to work closely with the South
Lake Union Community Council and the Seattle Parks Foundation to
maximize the positive impacts of our developments on the environment.
QUALIFICATIONS
BioMed Realty owns, develops, and manages the highest quality

institutional real estate designed to meet the needs and growing
demand of the life science and high tech industries. The company owns
or has interests in properties comprising over 13 million rentable square
feet across the United States and United Kingdom, including one million
rentable square feet in Seattle. BioMed Realty is a portfolio company of
Blackstone with a current franchise value in excess of $10 billion.
In January of 2016, BioMed Realty was acquired by Blackstone Real

Estate Partners VIII, L.P. (“BREP VIII”) in an all cash transaction valued at
more than $8 billion. BREP VIII currently has ample access to additional
financing sources.
OFFER AND TRANSACTION SUMMARY
Please see the Financial Offer section of this Mercer Mega Block RFP
Response for our official Letter of Intent.

EXECUTIVE
SUMMARY
QUALIFICATIONS
FINANCIAL
QUALIFICATIONS
PAST PROJECT
PROJECT CONCEPT &
PUBLIC BENEFIT
PROJECT DESIGN
FINANCIAL OFFER
SECTION 02
PROJECT FINANCING PLAN &

F I N A N C I A L Q UA LI F I C ATI O N S SUPPORTING PRO-FORMAS
CONTINUING A VISION OF A
BETTER SOUTH LAKE UNION
Requested information for RFP Requirements, Financial Qualifications have been
submitted under separate cover per the instruction in the RFP.
APPENDICES

8DE X TER INNOVATION QUARTER

COLLABORATION, INNOVATION
FOCUSING ON COMMUNITY,
PA ST PROJ EC T Q UA LI F I C ATI O N S
AND DISCOVERY
SECTION 03
PAST PROJECT QUALIFICATIONS
D E X TE R YA R D
700 Dexter Avenue N, Seattle, Washington
WE KNOW THE NEIGHBORHOOD

BECAUSE WE’RE BUILDING HERE
Dexter Yard is a new 520,000-square-foot building that abuts the
Mercer Mega Block site to the north of Roy Street. Scheduled to Developer
open in early 2021, the 15-story building will comprise a pair of BioMed Realty
towers—each 175-feet-high—and provide 498,000 square feet Gross SF
of lab and office space and approximately 22,000 square feet 520,000 SF
of ground floor space devoted to retail and community space. A Acreage
pedestrian through-block passage will offer access to retail, office 1.5
elevator lobbies and an open gathering space. Construction Type
Laboratory / Office
The nature of the development
LEED Certification
The project will feature a unique, shared community amenity— LEED Gold
a semi-enclosed 5,500 square foot open area called the Field Stories
House, which will be reservable by building tenants and community 15
groups for a wide range of activities both during the work day and
Construction Start
after hours. The vision is to add energy and create a sense of place Q1 2019
beyond the typical nine-to-five environment. Approximately three
Construction Completion
levels of below-grade parking will be provided.
Q1 2021
Completed on Time?
Under development
and on schedule
Pedestrian Connector

“The building is designed to help establish a distinct identity for Key Project Drivers
the area and to enhance the developing pedestrian experience,”
notes Kyle Gaffney, Founding Principal at SkB Architects and co- S E N S E O F CO M M U N IT Y
lead designer for the project.
TAC TI LIT Y & TE X TU R E
O F M ATE R I A L S
According to BioMed Realty’s Vice President Mike Ruhl, UN- OFFICE THE OFFICE
“South Lake Union is a booming hub for the tech and biotech
industries. Dexter Yard represents a unique opportunity for CO N V E R G E N C E
C R E AT E A N E I G H B O R H O O D
innovative companies wanting to plug into Seattle’s most ANCHOR
sought-after neighborhood.”
E LE VATE TH E
Community benefits and open space N A R R OW S PAC E
Dexter Yard is designed to enhance the developing pedestrian
A DA P TA B LE S PAC E
experience with an inviting, porous 18-hour ground plane. Two
towers break down the overall scale to better fit the surrounding INVITE RESIDENTIAL
N E I G H B O R S TO T H E PA R T Y
context while maximizing view opportunities and sun exposure for
tenants and neighbors alike. Landscaping elements encourage B OT H E N E R G E T I C & S E R E N E
HUMAN EXPERIENCE
exploration and lingering, all with varying degrees of privacy. Poetic
“pinch points” allow people of all ages to seek out wonderful nooks, F LE X I B I LIT Y I N
crannies and comfortable places to sit like those found in many old A LL F O R M S
world European cities.
P O S I T I V E I M PAC T S
A N D E N G AG E M E N T
The crown jewel will be the Field House—a semi-open, multi-use
space that can be used by tenants, neighboring schools and
community groups alike for sports leagues, concerts, farmers
markets and any variety of events.
Taking advantage of the sloping
elevation on the site, a retail/hospitality
space will overlook the Field House
allowing visitors to survey the action
below while relaxing with a drink,
having a casual meeting or catching
up with friends. “I’m particularly excited
about the potential of the Field House
to become a destination for the entire
community,” notes Gaffney. “We paid
attention to the desire for activity and
wellness, which is such an integral part
of the Northwest lifestyle. The Field
House will be able to play host to an
amazing variety of activities that could
Initial sketch showing pedestrian flow through the site

extend beyond just tenant uses and include anything from concerts to art exhibitions to
indoor soccer games. Our goal is to create a strong identity for the project, such that it
engages and encourages people to hang out 18 hours a day.”
Relevance to Mercer Mega Block
Dexter Yard recognizes and supports the need for a pedestrian focused green street
on 8th Ave N and in many ways serves as a strong northern gateway to draw foot traffic
into and out of the Mercer Mega Block site. The city has classified Dexter Ave N as a
Class II Pedestrian Street at the project site. By contrast, 8th Ave N is a Neighborhood
Green Street, while Valley St and Roy St are undesignated. This gives the site a distinct,
dual character between the busy, multi-modal arterial thoroughfare of Dexter Ave N and
the pedestrian-priority street at 8th Ave N, very similar to how the Mercer Mega Block
is bounded by the busy Mercer St thoroughfare on the south and the less busy Roy St
on the north. Dexter Yard takes advantage of these characteristics by providing ease
of navigation and extensive porosity along the street and through-block frontages to
create vibrant, pedestrian-focused community spaces activated with retail, restaurants,
and active public gathering spaces.
For Form C.3, see Appendix.
Ground Plane Rendering

at 8th Ave N

Exterior Rendering as seen from the Mercer

Mega Block. Dexter Yard and the Field House
will be foundational for the Dexter Innovation
Quarter, driving movement and engagement
across Roy St. to the community space in the
Mega Block.
The Field House (seen in the background), along with locally-

owned restaurant/brew pub will be a catalyst for an active public
space throughout the building and the neighborhood.

K E N DA LL SQ UA R E
500 Kendall Street, 450 Kendall Street,
675 West Kendall Street, 650 East Kendall Street,
350 East Kendall Street Garage,
Kendall Crossing Apartments,
Cambridge, Massachusetts
CONNECTING REAL ESTATE Developer
WITH COMMUNITIES AMID BioMed Realty
EXTRAORDINARY GROWTH Gross SF

1,000,000 SF
The Kendall Square project is a 10-acre, award-winning, multi- Acreage
functional planned development. It successfully weaves 2.5 10.0

acres of activated and landscaped open space throughout a Construction Type
community of world-class office and lab buildings, apartment Laboratory / Office

towers, restaurants, and retail shopping. BioMed Realty LEED Certification
continues to reshape the larger Kendall Square neighborhood Platinum—500 Kendall St.
by embracing an activation strategy which features seasonal, Gold Core & Shell—
family-friendly lifestyle activities ranging from fine dining, 650 E. Kendall St.
outdoor concerts series, canoe and kayak recreation, an Stories
outdoor farmers market, and a community ice skating rink. 14—500 Kendall St.
6—450 Kendall St.
8—675 W. Kendall St.
7—650 E. Kendall St.
500 Kendall
7—Kendall Crossing Apts.
(37 Apartments)
Construction Start
Various
Various
Completed on Time?
Yes
Website
www.kendallsquare.org

450 Kendall—With a focus on the future, the

neighborhood features everything from fine
dining to family-friendly recreational options
such as, concert series, canoe & kayak and
Most notably, the Kendall Square redevelopment was the community ice skating.
Grand Prize winner out of ten regional Phoenix Award winners

at the EPA-sponsored Brownfields 2006 Conference. The
prestigious award honors individuals and groups working to
transform blighted and environmentally contaminated areas
into productive new uses. The Phoenix Awards are considered
the pinnacle of achievement of excellence in brownfield
redevelopment, and often are called the Brownfields’
equivalent of Hollywood’s Oscars.
BioMed Realty aims to bring Kendall Square’s unparalleled

innovation energy and entrepreneurial spirit to South Lake
Union by shaping a very similar live-work-play ecosystem.
At Dexter Innovation Quarter, easy access to both public and

private transportation options, including bus, trolley, shuttle, and
bicycle-share, offer possible solutions to address site-specific
Parking Transportation Demand Management requirements.
650 East Kendall with Plaza

Developer
BioMed Realty
Gross SF
560,000 SF
Acreage
6.54
Construction Type
Laboratory / Office
LEED Certification
Gold—Shell & Core
Stories
12 (not including
Basement or Penthouse)
Construction Start
Q2 2017
Q3 2019 (est.)
Completed on Time?
GATE WAY O F PAC I F I C , PH A S E 1 Scheduled for on-time
Gateway Boulevard, South San Francisco, California completion
CREATING AN ENVIRONMENT
Website
www.gatewayofpacific.com
THAT INSPIRES INNOVATION

Gateway of Pacific is a new landmark located on the most
prominent corner of South San Francisco. This 1.5 million
square foot campus will feature a flexible and stimulating work
environment in a highly sustainable setting. The campus will be
constructed to the highest institutional standards, with state-of-the-
art building systems, a first-class amenity center, bay and mountain
views and premier office and laboratory space.
Designed as “science around a park, not a parking lot,” Gateway

of Pacific will provide a dedicated outdoor environment to the
community with the Gateway Central Park, inspired by Central Park

Gateway of Pacific’s unique amenity-

rich environment gives our tenants an
unmatched competitive edge when
it comes to recruiting and retaining
world-class talent in an environment
in New York City, in the heart of the campus. This environment will that inspires innovation.
also include diverse sports and recreation venues, picnic areas,

Zen garden and outdoor dining plaza.
BioMed Realty is proposing to create a similar development for

Dexter Innovation Quarter that will be inspired by nature and
designed to the highest institutional standard that will include
amenity centers benefiting tenants and community at large.

A SC E NT
425 Fairview Avenue North
Seattle, Washington
SOLVING THE COMPLEXITY OF General Contractor
BUILDING IN SOUTH LAKE UNION Turner Construction

Gross SF
Turner provided preconstruction and construction services for 482,000 SF

a new mixed-use residential complex for Greystar, one of the Acreage
nation’s largest apartment developers. The project consists of 1.26

4 levels of below-grade parking, a large podium at street level Construction Type
which includes retail space and 270,000 SF of residential units New
built as two separate towers that are 25 and 7 stories tall. LEED Certification
Gold (Registered)
Turner truly understands the complexities that are involved in
Stories
constructing in a busy urban environment. The neighborhood
4 levels below grade parking;
was actively engaged throughout the process via newsletters, a
2 separate buildings:
Turner-hosted BBQ during construction and a project Facebook (1) 24 stories
page maintained and updated so the public had access to (2) 7 story wood frame
project related information.
Construction Start
Q3 2016
Q3 2018
Completed on Time?
Yes
Website
www.liveascentslu.com

In addition to this our construction partner Turner also ran the TSCM (Turner School
of Construction Management) program which is a free 8-week program that offers
construction management training to small minority-owned, women-owned and
emerging small businesses (SBA).
The 425 Fairview (Ascent) project not only showcases Turner’s ability to handle
projects in tight urban settings and their expertise with constructing buildings like
the one proposed, it also is a testament to how the Turner team can create a greater
benefit to the community during construction in terms of educational opportunities.
In addition to providing a program specifically for a diverse group in the construction
industry, it also draws local construction talent to be willing and interested in being
part of this project. The project team will also actively engage community outreach for
Dexter Innovation Quarter.

General Contractor
Turner Construction
Gross SF
161,647 SF
Acreage
1.26
Construction Type
New
LEED Certification
No, Three Globe™
certification—equivalent to
LEED™ Gold certification
Stories
13
Construction Start
Q1 2014
Q2 2015
Completed on Time?
Yes
WA LTO N LO F TS Website
75 Vine Street www.lifeatwalton.com
Seattle, Washington
BUILDING ONE OF SEATTLE’S

FIRST GREEN STREETS
Turner Construction provided preconstruction and construction
services for the 13-story high-rise apartment building located
in Seattle’s Belltown neighborhood. The 161,647 square foot
building is located on the corner of Western Avenue and Vine
Street, one of the city’s original green streets. Walton Lofts was
built in cooperation with the Growing Vine Street community
initiative, whose main goal is to help clean water runoff through
biofiltration. As a result, the project received Three Globe™
certification from Green Building Initiative’s Green Globes
program—equivalent to LEED™ Gold certification.

Walton Lofts includes studio, open one-bedroom and two-bedroom homes and
resident amenities, consisting of a rooftop lounge, grand library, rooftop pet walk, a
variety of residential storage options, an amenity kitchen, fully stocked fitness facility,
resident bike work room and storage, electric vehicle charging stations and a resident
guest suite.
The Dexter Innovation Quarter also aims at contributing to the city’s vision for the South
Lake Union and 8th Ave by adopting strategies that reduce negative environmental
effects. The development will be establishing top-Quartile performance for water,
energy and carbon compared to similar developments around the world.

21
DE X TER INNOVATION QUARTER
STRATEGY WITHIN THE FABRIC OF
INCORPORATING AN ACTIVATION
PROJ EC T CO N C E P T & PU B LI C B E N E F IT
OUR DEVELOPMENT
SECTION 04
PROJECT CONCEPT &
PUBLIC BENEFIT
CONCEPT STATEMENT
We’ve designed Dexter Innovation Quarter around the proven
principles of experience-based design to create a more
meaningful, engaging and sustainable destination within the fabric
of the South Lake Union neighborhood and the City of Seattle.
These principles include human-scaled experiences, spaces with

changeable/morphable uses and blurred public/private areas
that are highly porous and invite exploration. These attributes are
rounded out with connected, active street experiences weaving
neighboring sites together to enhance the feeling of a vibrant,
walkable neighborhood for individuals from diverse socio-economic
backgrounds. Ongoing conversations with community groups ensure
the fit within the community and that a diverse array of voices have a
say and a stake in this new Seattle destination.
As the following pages will demonstrate, our concept fulfills the

design intent of the South Lake Union Urban Design Guidelines,
the 8th Ave Green Street Concept Plan, and the City of Seattle
Comprehensive Plan, all at a LEED Gold sustainable design
standard. However, we’d like to think it goes further than these
framework plans. We’re proposing a destination that incorporates
and complements existing sites already under development in the
pursuit of a best-in-class, active, community-centric site that provides
a mix of uses, feels unique to South Lake Union and is a beautiful
experience to be a part of.

PROJECT CONCEPT &
PUBLIC BENEFIT
NEIGHBORHOOD AND COMMUNITY

An active community amenity bridging home, work and play
With the inclusion of Dexter Yard, the essence of Roy St and 8th OUR DESIGN FULFILLS
Ave N changes radically to one of pedestrian energy punctuated THE INTENT OF:
by lush landscaping, lake views and year round activities at
street level. The potential to add to this synergy with the inclusion THE SOUTH LAKE
of the Seattle City Light property to the north (800 Aloha) only UNION NEIGHBORHOOD
amplifies and complements it further. This is only one part of our DESIGN GUIDELINES
design and lifestyle vision for the Dexter Innovation Quarter.
THE 8TH AVE GREEN
Imagine a mixer and a magnet where people can swim, shop, STREET CONCEPT PLAN
listen to music, let their kids play, get work done, learn new
skills, grab a bite or relax at home. A place for learning, making, CITY OF SEATTLE
doing or even just watching. An oasis in the city where even COMPREHENSIVE PLAN
the sounds of cars are muffled by the sounds of running water,
music and animated conversation. A place that adapts to the
weather and the time of day and invites people in at all hours
and in doing so creates its own unique sense of place heavy on
human touch and human interaction.
PROSPECT ST
WARD ST
HIG
HL
PL
AN
RD
WA
DD
R
ALOHA ST
800 ALOHA LAKE

UNION
WE
ST
LA
KE
VALLEY ST
AV
EN
AURORA AVE N
8TH AVE N
6TH AVE N
DEXTER
YARD VALLEY ST
FAIRVIEW AVE N
TERRY AVE N
ROY ST
DEXTER AVE N
DEXTER
9TH AVE N
MERCER MERCER
WEST EAST
MERCER ST
N
AVE
REPUBLICAN ST
6TH
HARRISON ST
THOMAS ST
PROJECT CONCEPT &
PUBLIC BENEFIT
GENERAL SITE
Neighborhood Influence Diagram Plan PARKING FOR MERCER
EAST & WEST:
In many ways, the Mercer Blocks are at the nexus of many
different neighborhood uses and attributes. To the north is 4 LEVELS
largely residential, to the south mostly office and research, 780 STALLS
Seattle Center to the southwest and Lake Union and its
shore side restaurants to the northeast. We see this location 8 LOADING BERTHS
as not only a tremendous opportunity to create a thriving, PARKING FOR POSSIBLE
community-driven destination, but also as an imperative for OFFICE BUILDING ON
South Lake Union and Seattle as a whole. DEXTER WEST:
3 LEVELS
132 STALLS

PROJECT CONCEPT &
PUBLIC BENEFIT
OBJECTIVES & REQUIREMENTS

Building and Public Space
The Mercer Mega Block Request for Proposal calls for “inclusion of strong, street-level activation and
the provision of actively managed open space that incorporates place-making best practices and
becomes a place of local and regional pride.” Dexter Innovation Quarter responds to this objective
by considering the following:
Active edge uses—Roy St and the 8th Ave Collaboration opportunities—Garage-like

through-block become publicly activated through maker spaces are designed with education and
a diverse and porous ground plane. Dexter Yard collaboration in mind for start-ups, artists and
and its open Field House directly adjacent to the imagineers alike. We are currently exploring
north amplifies this activation. continuing education and workforce training
partnership opportunities.
Strong gateways and entrances—Dexter Yard to
the north acts as a portal and extends the green Comfortable places to sit—A variety of public
street experience. Rounded and shaped buildings seating elements are offered throughout the
pulled away from the street provide visual clues to site. Cafe seating extends outside and along
pedestrian gateways and protected plazas. pathways.
Focal points and vistas—Building height and Designed to attract a cross section of users—
massing provide view corridors for more than The design envisions offerings for people of
just tenants. Maker / educational spaces, multi- all ages and socio-economic strata and its use
use community spaces, and curated retail utilize is responsive to the needs of its community,
garage doors and pivoting window walls to regardless of the season or time of day.
entice sneaking a peak inside.
Creative use of art—Interactive water features, art
Choices within the space—Community you can sit on, artwork as pedestrian crossing.
p-patches, balcony-to-bistro restaurants, activity
Provide seasonal strategies for active uses—
pavilion, concerts, shopping, farmers markets,
Presented in the following pages.
movie nights, art fairs, rallies, exhibitions.

PROJECT CONCEPT &
PUBLIC BENEFIT
OBJECTIVES & REQUIREMENTS

Why not some requirements?
K-5 School—Limited time to work out details Skate Park—We explored this idea but found
with Seattle Public Schools, student safety and there wasn’t adequate space and the trade-off
financial viability are just two primary reasons we for usable green and pedestrian space was too
have not located a school on-site. Also, significant much. Our research and experience has shown
traffic challenges arise with students commuting that these are more successful in a larger park
in conjunction with the work commuters already setting, such as the existing Seattle skate parks
using Dexter Ave N and Mercer Street. Schools found at Greenlake or Judkins Park.
also create a significant amount of dark, closed off
space after 5pm. Diverse users and space uses “Design out the crime”—One might argue that
stretching beyond Mon-Fri 9-5 were seen by our with all the public use features, seating and the
team as most beneficial for the broader community. porous nature of our design is also an attractant
We are still discussing other ways to partner and to low-level street crime. We agree this is a
provide spaces for after-school programs and/or possibility but the alternative, to us, is far less
continuing education adult programs. attractive. Designing ‘defensible spaces’ with high
levels of surveillance and public exclusion can end
Playground—Similar to a skate park, we found up aggravating the problem rather than alleviating
there wasn’t adequate space and the trade-off it. “Strategies or policing approaches intended
for usable green and pedestrian space was to ‘design out crime’ can end up ‘designing out’
too much. people. Approaches that strip public spaces of
all features vulnerable to vandalism or misuse
actively discourage local distinctiveness and
public amenity.”1
How will site and building utility infrastructure be addressed?

From DCI Engineers Basis of Design:
Stormwater—It is estimated that the development Water—There is an existing 12” C.I. water main
of this property will require approximately 7,000 in 8th Avenue which will be removed as part of
cubic feet of storm water detention. The project the project. Seattle Public Utility has indicated a
does have a storm connection to Lake Union along replacement 12” D.I. main will be required along
the 9th Avenue frontage. the Roy Street. Dexter Avenue North contains a
20” water main, Mercer Street and 9th Avenue
Natural gas—There is an existing 6” gas main in North contain 12” water mains.
8th Avenue and an 8” gas main in Aloha Street.
There is no gas in the alley, which is the preferred Sanitary sewer—There is an 84” Metro sewer
location for gas meter sets. The project may need line in Dexter Avenue North, an 8” sewer line in
to install a gas service at the north end of the alley. Mercer Street, and a 12” sewer line in 9th Avenue
North. New connection to the sewer along the
Power—There is a 26 KV underground power. street frontages are anticipated, and no sewer
Network infrastructure exists along Mercer Street main extensions are warranted.
and 9th Avenue North.
1 The Social Value of Public Spaces, Joseph Rowntree Foundation, Ken Worpole & Katharine Knox (2007)

PROJECT CONCEPT &
PUBLIC BENEFIT
CONCEPT DIAGRAMS
1 2 3
Heavy pedestrian, bike, and car flow at Dexter and Mercer. Extend Green Street from Dexter Yard to Mercer. Broaden the Green Street experience.
4 5 6
Introduce an Activity Hub for synergy with Dexter Yard. Create eddy to buffer Mercer traffic. Lower scale buildings at Roy Street.
7 8 9
Rain Fly canopy at 8th Ave for protected year round activation. Primary activity flow. Final massing.

PROJECT CONCEPT &
DESIGN
DESIGNPROPOSAL
DESIGN
DESIGN PROPOSAL
PROPOSAL
PROPOSAL
PUBLIC BENEFIT
INSPIRATION
INSPIRATION
INSPIRATION IMAGERY
IMAGERY
IMAGERY
Center
Centerfor
forInnovation
Innovation Human
HumanActivity
Human Activity&&&Human
HumanScale
Scale
Center for Innovation
Center for Innovation HumanActivity
Activity &Human
HumanScale
Scale
Sustainable
SustainableDesign,
Sustainable Design,Construction,
Design, Construction,Activities
Construction, Activities
Activities Community
Community
Community
Sustainable Design, Construction, Activities Community

29
BRINGING A HUMAN-SCALE
APPROACH TO ICONIC
ARCHITECTURE
PROJ EC T D E S I G N
SECTION 05
PROJECT DESIGN
SITE PLAN
A key differentiator is our ability to
connect and extend the pedestrian
experience on 8th Ave north to the
neighboring site at Dexter Yard, which
is being designed and developed
by the same team using the same
community-oriented approach. This
affords us the unique opportunity
to have a connecting portal where
the residential and office-focused
areas of the neighborhood converge
and draw people in both directions
along the green, pedestrian-focused
pathway with heavy emphasis on
European green street attributes.
We also envision the possibility of

complementing Dexter Innovation
Quarter with the addition of the
Seattle City Light property at
800 Aloha and the half-block site
at 601 Dexter.
All parking will be below-grade, with one underground parking garage serving the Mercer East and Mercer West buildings, and a N
separate underground parking garage at the Dexter West building. The Mercer East and West garage is four levels of parking with
approximately 780 stalls and 8 loading berths. The Dexter garage is three levels of parking with 132 stalls (no loading required
here). The parking garage for the Dexter West building would be three levels of parking to support a possible office building.
1” = 100’

PROJECT DESIGN
GROUND PLANE
PLAN
Thriving neighborhoods foster a
wide variety of uses. Refreshingly
chaotic but intuitively organized.
A little something for everyone.
LEGEND
NOTE: Dexter Yard uses provided
for reference, not in scope
LOBBY
OFFICE
CORE
RETAIL PAVILION
RETAIL
DRIVEWAY
N
1” = 80’

PROJECT DESIGN
SUSTAINABLY DESIGNED FROM

TOP TO BOTTOM
Dexter Innovation Quarter is envisioned on a sustainable platform
powered by the climate, Seattleites and the urban vitality of South Lake
Union. Transportation nodes are designed through the eyes of the
commuter: where to arrive, bicycle storage, availability of electric vehicle
charging stations and autonomous ride-share pick up locations. Green
terraces serve office users during the day and apartment dwellers at
night and intermittent ‘sky-parks’ could create vertical neighborhoods.
P-patches, fire pits and pet pads create onsite opportunities for
community and resource concentration.
LEED Gold is only a starting point. Sustainability makes the biggest

difference if we provide big performance gains that can endure. We
propose to roll-up the property data for energy, water and carbon for wind turbines
the entire ecosystem: commercial, residential and retail, in support of

BioMed Realty’s sustainability program and the City’s Climate Action
Plan. Results from the LEED Gold project will be charted for
year over year improvements that can be shared with
the greater Seattle community.
solar panels
tenant p-patches
sun shade louvers
“balcony to bistro”
pervious concrete rainwater-fed urban

streams

PROJECT DESIGN
VIEW FROM MERCER ST TO 8TH AVE PLAZA
Dexter Innovation Quarter will be a place where a variety of office,

residential, educational and retail spaces converge. A site made
active by multiple uses will keep the energy alive well beyond the
typical work day, everyday—not just Monday to Friday.
Connecting buildings and the entire quarter, the protected plazas

between Mercer East and Mercer West never go off-season for
the community. A village of courtyards and canopies, laneways,
greenery and comfortable seating will encourage the community
to work, live, learn, play, linger and explore.
Embracing South Lake Union’s local character and culture, Dexter

Innovation Quarter will be a singular destination comprised of a
wide variety of experiences. Part architecture, part urbanism, part
landscape—Dexter Innovation Quarter will be an architectural
destination uniting a community for the enjoyment of the best that
South Lake Union has to offer.

PROJECT DESIGN
VIEW FROM 8TH AVE TO FIELD HOUSE, ACTIVITY PAVILION, AND 8TH AVE PLAZA
The design will take advantage of excellent views, both from Materials are carefully chosen to be combined with those used
the site and through the site and improve sightlines and in the streetscape signaling the intent for this to be a truly public
wayfinding for the public. The use of high-quality durable amenity and gathering space—inclusive and accessible for all.
materials will signal user priority, extend the feel of the park-like
space into the public realm, and bring a context-sensitive
neighborhood feel.
DEXTER YARD
ACTIVITY
PAVILION

PROJECT DESIGN
SEASONAL USE CONCEPT:

FALL HARVEST MARKET
As anyone who has spent any time in Seattle knows, we have
four seasons here—sometimes all in the same day! Just because
it’s raining doesn’t mean we don’t want to be outside. Sometimes
we even need a little respite from the sun. Whatever our season,
Dexter Innovation Quarter adapts to the weather by offering shelter
from the elements while celebrating those warm and sunny days
with breezeways, water pads and large, pivoting window doors.
Our vision is for a morphable and transformable place highly
influenced by its inhabitants and their needs. A place that captures
changing seasons, celebrations and family gatherings as well as
company and community events.
The farmers markets can take advantage of the ample covered

spaces in the through-block as the weather turns more cool and
rainy. Some of the produce could even come from the onsite
P-patches managed by tenants and neighbors. The Activity Pavilion
may find itself hosting live music events. With ample glass windows
facing the street, even those without a ticket can feel the energy.
Street festival on closed off Roy Street
Outdoor farmers market between Mercer East and West
N
1” = 40’

PROJECT DESIGN

WINTER FEST
The main plaza is protected by a large, organic canopy that
keeps those underneath dry while still letting light permeate
through. Canopy mounted heaters cut any breezy chills and
encourage people to linger in the warmth. Flexible spaces
designed for community events might hold a benefit concert
featuring local artists.
A venue to showcase emerging musical talent
Outside, in the mix, but protected from the elements
N
1” = 40’

PROJECT DESIGN

SUMMER ART FAIR
Ground floor start-up spaces have their garage doors open
to Roy Street. The sounds from the pool can be heard across
the street at the Dexter Yard Field House above the squeals of
happy kids playing in the water park feature. Weekend markets
are in full swing. Some days, Roy St and 8th Ave may be closed
to vehicles, allowing street fairs to spread from the Mercer
buildings to Dexter Yard.
Interactive water features come to life in the summer
Sounds from the Activity Pavilion

can be heard on Roy St
New SLU “Picnic in the Park” summer series

N
1” = 40’

PROJECT DESIGN
EVENING USE CONCEPT:

CURATED ACTIVITIES
As the days get darker earlier, varied lighting elements—
from underfoot to overhead—illuminate to help commuters
of all modes find their way as well as to reinforce the feeling
of a safe and inviting atmosphere. SLU movie nights and
evening celebrations fill up the event calendar.
Dexter Innovation Quarter outdoor movie night
Silent discos can be seen, but not heard, after hours in the multi-use Activity Pavilion
N
1” = 40’

PROJECT DESIGN
VIEW AT 8TH AVE PEDESTRIAN PLAZA

PROJECT DESIGN
VIEW FROM 8TH AVE PEDESTRIAN PLAZA

TO DEXTER YARD

PROJECT DESIGN
THE 5TH
ELEVATION:
ROOF PLAN
Dexter Innovation Quarter will
feature a variety of green spaces
that are knitted vertically through
each building. Community
p-patches, where residents and
community members can nurture
their own gardens, would be
available to all tenants in order to
inspire a healthy lifestyle.
Restaurant tenants (and patrons) on-

site would also benefit. Not farm to
table, rooftop to tabletop. Balcony
to bistro.
N
1” = 100’

PROJECT DESIGN
AERIAL VIEW FROM SOUTHWEST
Along Mercer Street the sidewalk continues to be generous

and a new grade-separated cycle track protects bikers from
the Mercer corridor arterial. Simple traffic-calming measures
make it a comfortable place for bikers and pedestrians equally.
The sidewalk is protected from the street with expanded

landscaping strips and a row of large street trees; another
generous planting area buffers pedestrians and bikers. This
layering of plantings and separated uses sets the stage for
vibrant storefront retail. The 8th Ave plaza creates visual and
physical connections between Mercer and Roy Street.
The project will improve, protect and preserve the

environment through the use of high-functioning landscapes,
natural drainage features and by adding a significant quantity
of trees in the public realm.

PROJECT DESIGN
SOUTH ELEVATION AT MERCER ST

The covered plaza that occupies the through-block of 8th Ave combines a central plaza that can be programmed for festivals,
is centered in Dexter Innovation Quarter. Its large meandering community gatherings, art exhibitions and farmers markets. The
canopies acknowledge our city’s seasonality and serves as a plaza can accommodate emergency and maintenance vehicles
gracious invitation to those on foot. Akin to the markets in London but also creates better public connections to the network of transit,
that cover and protect pedestrians from the elements, the covered pedestrian and multi-modal corridors, existing and planned for the
plaza extends and fosters year-round use. Further, the canopies neighborhood.
guide people towards nooks, crannies and clever spaces between
Affordable and/or market rate housing could be provided on the
buildings—spaces that can be an event in and of themselves.
Dexter site*, office on Mercer West with retail at the ground floor,
This landscape and urban design seamlessly integrates into the and a mix of all three at Mercer East—retail, office, and residential.
changing urban fabric of South Lake Union and emphasizes high
*Dependent on proposal acceptance
quality public open space. The street vacation currently planned
will reconnect 8th Ave and Mercer Street with a park-like space
within an increasingly dense neighborhood. This connection
AURORA
9TH AVE
8TH AVE
DEXTER
DEXTER MERCER WEST MERCER EAST
1 64

PROJECT DESIGN
AERIAL VIEW FROM NORTHWEST
The four small garages that step along Roy each incorporate a roof
deck with a seating area and are surrounded by individual green
roofs. These are park-like spaces that will include community gardens
producing fresh veggies for the restaurants at ground level.
Closer to 9th Avenue, an eastern plaza is focused on an arched

water feature. Ample seating creates a comfortable, urban street
environment, encourages conversations and gathering for groups of
varied sizes and accommodates individuals lingering, people watching
and socializing with neighbors.

PROJECT DESIGN
NORTH ELEVATION AT ROY STREET

Roy Street is activated, comfortably lit, attractive after dark, open public, tourists and the building tenants. The garages that
to wheels, but owned by feet. What makes it feel like a pedestrian step along Roy each incorporate a roof deck with a seating
street? A variety of plants, wide footpaths—almost boardwalk like— area and are surrounded by individual green roofs.
with views of Lake Union.
The garages, visible at Mercer West street-level, are physical
The organization of elements and pavement treatments blur the examples of an incubator attitude where innovation is
line between private and public spaces. Sprinkled along this born. Developed with a mindset to help the entrepreneur,
façade and streetscape are a variety of informal seating elements the innovator, the experimentalist, the imagineer, the artist,
and gathering areas that are intended for the use of the general the small business “get off the ground” while being a part
of and contributing to the ground plane activity and action.
From academic life sciences start-up to creative automotive
shop to partnerships with local schools, the garages are
intimate and affordable. “Start up” here and easily expand.
AURORA
9TH AVE
8TH AVE
DEXTER
MERCER EAST MERCER WEST DEXTER
1 64
DE X TER INNOVATION
DE X TER INNOVATION 45
QUARTER QUARTER 45
PROJECT DESIGN
MERCER EAST
WEST ELEVATION AT 8TH AVE
The community Activity Pavilion is located just inside Mercer
East on the ground floor and will be open for year round use.
The Pavilion can house a variety of uses; some that have been
considered include a community pool, flexible event space,
daycare, or an auditorium.
Visible to the northwest across the street from the Activity Pavilion
will be the Dexter Yard Field House, a 5,500 SF multi-use space
for sports, concerts, or community events.
MERCER
ROY
ACTIVITY PAVILION
800 ALOHA MERCER EAST

(FUTURE DEVELOPMENT OPPORTUNITY)
1 64

PROJECT DESIGN
GROUND VIEW FROM SOUTHEAST

PROJECT DESIGN
MERCER EAST
EAST ELEVATION AT 9TH AVE
Mercer East is designed as a mix of street-level retail,
office and residential. At 9th Ave the public character of the
streetscape continues. The building lobby faces the corner and
a generous sidewalk accommodates unhindered pedestrian
use and connectivity.
The street furniture (lighting, seating, bike racks, etc.), pavement

treatments, planting and street tree palette begin to reflect and
build upon those used on adjacent public streets. We envision a
comfortable, inviting, public space predominantly for those on
foot or bicycles.
MERCER
ROY
MERCER EAST DEXTER YARD

(BEYOND)
1 64

PROJECT DESIGN
GROUND VIEW FROM SOUTHWEST
DEXTER MERCER EAST MERCER WEST
Dexter Ave has long been a primary transit corridor and the
‘bicycling highway’ connecting north-south to downtown Seattle.
Pedestrian and bike safety continues to be of primary importance
on this street and should be supported.
A double row of large trees reinforces the public experience

for pedestrians and café seating spills out from the retail/maker/
educational garage classroom units at ground level.

PROJECT DESIGN
MERCER WEST
WEST ELEVATION AT DEXTER AVE
Mercer West is designed as a mix of street-level retail
and office. The exterior massing was carefully sculpted to
provide an elegant and functional response to the site’s
unique placement within the South Lake Union neighborhood
context. Deep overhangs for cover—at sidewalk and plaza—
protect pedestrians from the elements. The smooth edged
podium with a mix of tactile materials and dynamic window
patterning provides visual interest and helps create a sense of
identity within Dexter Innovation Quarter..
MERCER
ROY
DEXTER YARD MERCER WEST

1 64

PROJECT DESIGN
MERCER WEST
EAST ELEVATION AT 8TH AVE
Views to the water will be an important amenity in the tower
levels. While ground plane will have limited lake views, we
envision bringing the water to the pedestrian experience via
a small urban stream that naturally filters rainwater captured
on site.
A separate, small water feature designed for interactive play

on Roy Street has the opportunity to be an extension of the
energy populating the lake front and a great place for kids to
cool off in the summer.
MERCER
ROY
MERCER WEST DEXTER YARD

1 64

PROJECT DESIGN
VIEW FROM DEXTER DOWN ROY
The vertical experience at the ground plane is more detailed,

visually and physically tactile at the lower levels and fades upward
at about the 40’ mark. This intentionally puts more emphasis and
resources toward a human-scale experience.
Creating an engaging ground plane and facade makes the street

interesting and appealing to people who live, visit and work here.

PROJECT DESIGN
VIEW FROM DEXTER YARD TO DEXTER
The start-up / maker spaces feature prominently here on the

ground plane. Garage doors with clear glass panels serve as both
windows and doors.
Even when closed, passersby can peer in. These are classroom
sized—not affordable housing, but affordable office. Start-up
sized. Innovator sized.
Play your cards right and you might stay in the same building, just
move on upstairs to a bigger space. In the meantime, throw your
door up to the street and make, teach, sell, or just create.

PROJECT DESIGN
DEXTER
EAST ELEVATION (AT DEXTER AVE)
At the ground plane of the Dexter building, three more small
garages face Dexter Ave N. These could be additional maker
spaces, similar to those at Mercer West, or could function as
the public-facing studios of Live-Work units. The residential
tower rises above with two rooftop garden levels providing
community gathering space and room for resident P-patches.
MERCER
ROY
DEXTER
1 64

PROJECT DESIGN
EAST-WEST SECTION
An interactive water feature and fountain creates a visual and neighborhood beyond. This generous central area creates
extension of 8th Ave. This feature can be used for play in opportunities for third party programming that will serve
summer, or just for some aural relief from the busy surrounding the community’s growing need for a mix of public and civic
streets in other seasons. gathering spaces that offer maximum flexibility. The design adds
vibrancy to the ongoing development in this neighborhood,
Additionally the connections to the city grid are reinforced contributing additional opportunities for interaction and
by the sculpture garden that runs parallel and adjacent to the engagement with the community while strengthening
water feature. This series of sculptures is framed on the ground connections that prioritize comfort and safety for pedestrians,
plane by landscaped plinths. The sculptures playfully meander transit users and bicyclists.
towards Mercer Street and will be sited to protect clear sight
lines that support wayfinding through the plaza to the streets
AURORA
9TH AVE
8TH AVE
DEXTER
DEXTER
MERCER EAST MERCER WEST

1 64

56
EXPLORING THE VISION
BEHIND THE NUMBERS
F I N A N C I A L O FFE R
SECTION 06
SECTION 06
FINANCIAL OFFER
LETTER OF INTENT
JLL
601 Union Street, Suite 2800
Seattle, WA 98101
Attn: Lori Hill
Re: Mega Mercer Block – Response to RFP (Section 6)
Dear Lori:
This letter (this “Letter of Intent”) is written in response to the Request for Proposals issued by JLL
on behalf of the City of Seattle (“Seller”) to express the intent of BioMed Realty, L.P. (“BMR”) and
affiliates of funds managed by Blackstone Real Estate Advisors (“Blackstone”), or their respective
affiliates and assignees, (collectively, the “Purchaser”), to negotiate an agreement for the purchase
and sale of the Property (as defined below) upon the basic terms and conditions described herein
and such other terms and conditions upon which the Parties (both Purchaser and Seller are herein
referred to as the “Parties”) may agree.
1. Property:
The “Property” is comprised of three fee simple land parcels located at 800 Mercer
Street and 615 Dexter Ave N in Seattle, WA, consisting of approximately 2.86 acres, and
includes all fixtures and improvements thereon, and common areas, rights and benefits
appurtenant thereto.
2. Purchase Agreement:
Within 5 days of full execution of this Letter of Intent, Purchaser shall endeavor to provide
Seller with a draft purchase agreement (the “Purchase Agreement”).
3. Program:
As requested in the RFP, Purchaser is proposing two separate development program

options (and associated Purchase Prices) for Seller’s consideration:
(a) Option A Program – Mixed-Use Development with Affordable Housing
Option A shall include a minimum of 718k FAR SF of commercial development and

delivery of 175 affordable housing units at the 60% AMI level plus the necessary
affordable units required to satisfy the current MHA program (in lieu of HALA fees).
Purchaser may also pursue additional market rate residential development up to the
maximum FAR presented in Seller’s RFP.
(b) Option B Program – Mixed-Use Development with HALA Fee Payment
Option B shall include a minimum of 911k FAR SF of commercial development. Purchaser

may also pursue additional market rate residential development up to the maximum FAR
presented in Seller’s RFP.

FINANCIAL OFFER
4. Purchase Price:
The purchase price (the “Purchase Price”) for the Property shall be $55,000,000
for the Option A Program or $65,000,000 for the Option B Program. The
Purchase Price (less the Deposit) shall be payable at the Closing (as defined
below).
Note that the proposed Purchase Price above assumes the cost of incorporating
the desired Public Benefit elements identified in Purchaser’s RFP response,
including public open space, ground plane activation, and site connectivity which
reduces the buildable area of the Property by approximately 90k FAR SF. In
addition, the Purchase Price also reflects the cost of environmental remediation
which will be Purchaser’s responsibility post-Closing.
Concurrent with Seller’s execution of this Letter of Intent, Seller shall notify
Purchaser in writing of the Program Option (and corresponding Purchase Price)
which Seller has selected.
5. Financing Contingency
None.
6. Inspection Period:
Purchaser shall have 45 days after the date of full execution and delivery of the
Purchase Agreement (the “Inspection Period”) to complete such due diligence
of the Property as is customary for a transaction of this type. In order to perform
diligence in an expedited manner, Purchaser will need the cooperation of Seller
and Seller’s representatives. Seller shall provide Purchaser with information
Purchaser reasonably requests in order to perform diligence. Seller may not,
after the full execution and delivery of this Letter of Intent, enter into any new
agreements that would in any way encumber the Property or any portion thereof.
7. Deposit:
Within two business days after the full execution and delivery of the Purchase
Agreement (the “Effective Date”), Purchaser shall deposit $2,750,000 if the
Option A Program is selected by Seller or $3,250,000 if the Option B Program
is selected by Seller (the “Deposit”) to be held in escrow by a national title
insurance company selected by Purchaser (“Escrow Agent”). Following the
expiration of the Inspection Period, the Deposit shall be non-refundable, except
as otherwise provided in the Purchase Agreement. Purchaser, subject to
reasonable approval of the Seller, may elect to post a guaranty for the Deposit
from a mutually acceptable entity in lieu of cash.

FINANCIAL OFFER
8. Conditions to Closing:
The Purchase Agreement shall include customary closing conditions, including

(without limitation) the following:
• The Property shall be delivered to Purchaser at Closing (as defined below)

free and clear of all liens, mortgages, ground leases, purchase options,
ROFRs/ROFOs for purchase or lease, and other encumbrances, other than
permitted exceptions;
• The Property shall receive all unappealable entitlements and associated

development approvals (including a Master Use Permit) to develop, at a
minimum, the amount of FAR outlined in Section 3 of this Letter of Intent
based on the Program option selected by Seller, without any impositions
(financial or otherwise) imposed beyond those currently required under
applicable zoning regulations (such as MHA); and
• Seller’s representations and warranties in the Purchase Agreement

shall be true and correct as of Closing, and Seller, on or prior to Closing,
shall have complied with all obligations required on Seller’s part by the
Purchase Agreement.
9. Closing:
The consummation of the purchase and sale of the Property (“Closing”) shall
occur 30 days after the satisfaction of all closing conditions, subject to a mutually
agreed upon outside date. Both parties may extend closing one time each by
five business days. Upon Closing, the Deposit (and any accrued interest) shall be
credited against the Purchase Price, with the remainder payable by Purchaser
through Escrow Agent. Upon such payment, the deed conveying title to the
Property shall be released for recording, and Seller shall deliver to Purchaser
such other documents as Seller must deliver to Purchaser pursuant to the
Purchase Agreement.
10. Closing Costs:
The costs associated with Closing shall be borne as follows:
a. Seller shall pay for (i) one-half of Escrow Agent’s fee, (ii) all documentary
transfer taxes and related costs, (iii) all of its recording fees and (iv) all of its
attorneys’ fees and transaction costs; and
b. Purchaser shall pay for (i) one-half of Escrow Agent’s fee, (ii) the cost of title
insurance, (iii) the cost of an ALTA survey, (iv) all of its recording fees and (v)
all of its attorneys’ fees and transaction costs.

FINANCIAL OFFER
11. Prorations:
All rents, real property taxes, assessments and Property operating expenses (to
the extent assumed by Purchaser) shall be prorated as of the date of Closing.
12. Real Estate Commission:
Seller shall pay a real estate commission to JLL (“Broker”) at Closing in

accordance with a separate broker’s commission agreement between Broker
and Seller. Other than Broker, there are no brokerage fees owed to any third
party in connection with the transactions described in this Letter of Intent.
Seller and Purchaser indemnify each other with respect to any claims for any
other fees or commissions made by any person with whom the indemnifying
party deals or has dealt in connection with the transactions contemplated by
this Letter of Intent.
13. Confidentiality:
Neither Seller nor Purchaser shall disclose the terms or substance of this Letter of
Intent or the fact that negotiations are taking place between Seller and Purchaser
with respect to the Property without the other party’s prior written consent,
except (a) to their own employees, partners, attorneys, lenders, accountants,
advisers, consultants, investors, prospective investors and debt or equity
sources, title and escrow agents and brokers (in the case of attorneys, lenders,
accountants, advisers, consultants, title and escrow agents and brokers, with
respect to this transaction only) or (b) as required by law. The provisions of this
Section shall survive the expiration or earlier termination of this Letter of Intent for
a period of six months.
14. Exclusivity:
In consideration of Purchaser’s execution and delivery of this Letter of Intent

and the time, effort and monies that the parties will expend in preparing and
negotiating the Purchase Agreement, Seller shall, during the period commencing
with the execution and delivery by Seller of this Letter of Intent (the “Delivery
Date”) and expiring 45 days later (the “Exclusivity Period”), (a) remove the
Property from the market, (b) not actively (directly or indirectly) solicit or negotiate
with any other prospective purchaser of the Property or solicit or entertain any
sale, joint venture, recapitalization or other similar transaction relating to the
Property or Seller’s interest therein with any party other than Purchaser, and
(c) not provide any information with respect to the Property to, or otherwise
cooperate with, any other potential purchaser relating to the Property. Unless
this Letter of Intent is terminated by either of the parties as provided below, then,

FINANCIAL OFFER
during the Exclusivity Period, Seller and Purchaser shall negotiate in good faith
with the objective of executing a mutually acceptable Purchase Agreement.
If Seller and Purchaser are unable to agree Purchase Agreement during the
Exclusivity Period (or such longer period upon which the parties may agree), then
either party may cancel this Letter of Intent by delivering written notice thereof
to the other, whereupon this Letter of Intent shall terminate and, except as
otherwise specifically provided for herein, be of no further force or effect.
15. Miscellaneous:
This Letter of Intent may be executed in counterparts, each of which shall be

deemed an original, but both of which, when taken together, shall constitute
one and the same instrument. A facsimile or electronic signature on this Letter
of Intent shall be equivalent to and have the same force and effect as an
original signature.
Seller and Purchaser acknowledge that this Letter of Intent is not a purchase agreement
and that it is intended solely as the basis for preparation of the Purchase Agreement
by Seller. The Purchase Agreement shall be subject to Seller’s and Purchaser’s
approval, and only a fully executed and delivered Purchase Agreement shall constitute
an agreement by Purchaser to purchase the Property. Absent a fully executed and
delivered Purchase Agreement, Purchaser may decline to pursue the Purchase
Agreement for any or no reason in its sole and absolute discretion. The final Purchase
Agreement shall incorporate the provisions contained in this Letter of Intent and any
new or different provisions upon which Seller and Purchaser may agree. This Letter of
Intent shall be non-binding upon Seller and Purchaser, except with respect to Sections
12, 13, 14 and 15, and shall not be the basis for any claim of promissory estoppel,
detrimental reliance or otherwise.
If the above terms and conditions are acceptable to you, please indicate by signing in the
space provided below. This Letter of Intent shall expire without notice if not countersigned
and returned to Purchaser by 5:00 p.m. PDT on Friday, October 19, 2018.
Regards,
Jon Bergschneider
Chief Development Officer, BioMed Realty, L.P.


FINANCIAL OFFER
Acknowledged and Agreed:
CITY OF SEATTLE BIOMED REALTY, L.P.
By: By:
Name: Name:
Its: Its:
Date: Date:

63
EXPLORING THE NUMBERS
BEHIND THE VISION
PROJ EC T F I N A N C I N G PL A N &
SU PP O RTI N G PRO - FO R M A S
SECTION 07
SUPPORTING PRO-FORMAS
F I N A N C I N G PL A N
To accomplish the many goals that are outlined in the Mercer

Mega Block request for proposal, and to evolve the vision of
Dexter Innovation Quarter, BioMed Realty is excited to engage Blackstone is one of the world’s largest real
the full potential of Blackstone’s global platform, our regional estate investors with a dominant platform
in both equity and debt. We seek to create
experience in Seattle, as well as our unparalleled expertise in positive economic impact and long-term
this micro-neighborhood derived from owning, entitling and value for our investors, the companies we
invest in, and the communities in which we
mitigating environmental contamination at the 700 Dexter work. We do this using extraordinary people
and flexible capital to help companies solve
property. The collective potential of the Blackstone and problems. The firm was founded in 1985
BioMed Realty team is particularly unique in that it extends a by Stephen A. Schwarzman, our Chairman
and Chief Executive Office, and Peter G.
base of knowledge, experience, and relationships that spans Peterson, who retired as Senior Chairman
approximately $245 billion of assets around the globe, while in 2008. Thirty years later, we are a firm
of more than 2,300 employees in more
also providing unmatched local market strength that is the than 25 offices worldwide. Our portfolio
companies, including BioMed Realty,
product of a robust and collaborative alliance of the same employ more than 460,000 people across
trusted team members who comprise the Dexter Yard project the globe.
team at 700 Dexter.
Capital Sources/Sponsorship
$119B
INVESTOR CAPITAL
In January of 2016, BioMed Realty was acquired by affiliates of
Blackstone’s proprietary data enables it
Blackstone Real Estate Partners VIII L.P. in a transaction valued at to target specific themes with conviction
and deploy significant amounts of
more than $8 billion. Therefore, all funds required for the financing discretionary capital.
of this project will be sourced from Blackstone Real Estate
Partners VIII, which is referred to as “BREP VIII,” a real estate fund
with ample access to additional financing sources. The most
recent quarterly audited financials for Blackstone and BREP VIII $245B
VALUE OF GROSS ASSETS
are publicly accessible via their 10-Q, dated June 30, 2018 (10-Q).
The breadth of Blackstone Real Estate’s
Global portfolio provides valuable real-
time proprietary market data. We believe
“By investing in real estate assets around the this information enables Blackstone to
identify mispriced and/or out-of-favor asset
globe, we’re helping to build a secure financial classes more rapidly than its competitors.
future for millions of employees, retirees,

schools, non-profit organizations and others.
We’re enhancing the value of properties that 470+
anchor communities and create good jobs.” REAL ESTATE PROFESSIONALS
The team consists of over 470 real estate
professionals in 12 offices around the
Jonathan D. Gray globe. We believe this breadth enables
President & Chief Operating Officer, Blackstone Blackstone to identify and evaluate
opportunities worldwide.
NOTE: Blackstone and BioMed Realty look forward to sharing

additional financial details with the selection committee in a more
confidential forum later in the process.

O F F I C E M A R K E T SU RV E Y
Office Lake Union
Office Lake Union
Market Rent Per Square Foot
207K
12 Deliveries 206,734
MonthSF in SQFT: 207KSF
12 MONTH DELIVERED SQFT,
Market Rent Per Square Foot 12 MonthinNet
12 Month Deliveries
DELIVERIES Absorption
SQFT: PAST 4in
207K SQFT: 851K
QTRS
851K
12
12 Month Net MonthSF 1,714,535
RentinGrowth:
Absorption SQFT: 5.0%
851K SF
12 MONTH NET DELIVERED SQFT,
ABSORPTION
Vacancy Rate: 3.1% NEXT 4 QTRS
12 Month Rent Growth: 5.0%
5.0%
Delivered
Vacancy Rate:
$980.50
3.1% SQFT Past SALES
4 Qtrs: 206,734 sqft
12 MONTH RENT IN PAST 12 MO AVG
GROWTH
Delivered SQFTDelivered
Past 4 SQFT
Qtrs: Next 4 Qtrs:
206,734 sqft1,714,535
3.1%
sqft
Delivered SQFT Next 4RATE
VACANCY Qtrs: 1,714,535
sqft Sales in Past 12 Months Average
RBA Price/SF:
Vacancy Rate Gross Asking Rent Availability Rate Net Absorption $980.50SF Under Construction
SF Deliveries
13,329,879 3.10% $43.78 9.30% Sales in Past 12 Months Average
137,837 0 1,907,238
RBA Vacancy Rate Gross Asking Rent AvailabiltyPrice/SF:
Rate Net $980.50
Absorption SF Deliveries SF Under Construction
13,329,879 3.10% $43.78 9.30% 137,837 0 1,907,238
RBA Vacancy Rate Gross Asking Rent Availabilty Rate Net Absorption SF Deliveries SF Under Construction
13,329,879 3.10% $43.78 9.30% Vacancy Rate
137,837 0 1,907,238
Vacancy Rate
Sales Attributes Low Average Median High

Sales Attributes
Sale Price $ Low
1,260,073 $ Average58,847,846Median
$ 7,500,000High
$ 338,425,250
Sales Attributes
SalePrice
Price Per SF Low $ Average
$1,260,073 283 $ Median
$58,847,846 $7,500,000
823 $ High
$338,425,250
536 $ 992
Sale Price Price per SF $283 $823 $536 $ $992
Cap Rate $ 1,260,073 $ 58,847,846
4% $ 7,500,000
4% 338,425,250
4% 5%
Cap Rate
Price Per SF 4% 823 4% 4% 5% 992
Time Since Sale $in Months 283 $ 1.3 $ 4.8 536 $ 4.3 8.7
1.3 4.8 4.3 8.7
Cap Rate Time Since Sale in Months 4% 4% 4% 5%
Data from
Time Since Sale in Months 1.3 4.8 4.3 8.7
Data from

Residential Multi-Family Lake Union

R E S I D E NTI A L M A R K E T SU RV E Y
Marekt Rent Per Unit By Bedroom
1,581
Lake Union submarkets vacancy rate is
averaging 14% from Q42018 through
Residential Multi-Family Lake Union UNITS DELIVERED,
PAST 4 QTRS
2022, with more than 35% of existing
ent Per Unit By Bedroom 1,294

inventory delivering over the next
couple of years.
Lake Union submarkets vacancy rate is UNITS DELIVERED,
PAST 4 QTRS
averaging 14% from Q42018 through Units Delivered Past 4 Qtrs: 1,581 units
2022, with more than 35% of existing 236
Units Delivered Next 4 Qtrs: 1,294 units
inventory delivering over the next ALL-TIME AVERAGE UNITS
couple of years. All-Time Average: 236 units
VACANCY RATE BY BEDROOM
Units Delivered Past 4 Qtrs: 1,581 units
Vacancy
Lake Rates
Union By Bedroom:
submarkets Units
vacancy rate Delivered Next
is averaging 4 Qtrs:
14% from Q41,294
2018units
STUDIO 9.5%
Market Rent Per Unit By Bedroom
through 2022, with more than 35% of existing inventory delivering over the
 Studio – 9.5% All-Time Average: 236 units
1 BR 12%
next couple of years.
 1 Bedroom – 12% 2 BR 18%
 2 Bedroom – 18%Rent Per Unit By Bedroom
Market 3 BR 47%
 3 Bedroom – 47%
MARKET RENT PER UNIT

BY BEDROOM
Market Rent Per Unit By Bedroom
STUDIO $3.86/SQFT
 Studio - $3.86/sqft
1 BR $3.50/SQFT
 1 Bedroom - $3.50/sqft
 2 Bedroom - $3.80/sqft 2 BR $3.80/SQFT
Multi-Family construction is expected to peak in Q4 of 2018
oom  3 Bedroom - $4.30/sqft 3 BR
and slow significantly in 2020. $4.30/SQFT
High-rise replacement costs in
urban Seattle are almost $700,000 per unit. Many of the
t
12-Month Volume (million $) $1,441.10
planned developments that are slated to deliver by 2021 will
t
Average Price Per Unit $332,290
be significantly delayed or may not break ground. Only a
Average Price Multi-Family
Per SF construction is expected$509 to peak in Q4 of 2018
t portion of the planned units haveVolume
12-Mo been issued a MUP. The 5yr
Number of and
Multi-Family Salesslow
(pastsignificantly
construction 12ismonths)in 2020.
expected High-rise
to peak in Q447 replacement costs in
of 2018 and slow (million
average absorption is steadily $)
increasing
$1,441.10
causing vacancy to
significantly inRent
3yr Averageurban 2020. High-rise
Seattle
Growth replacement
are almost $700,000costs
per inunit.
5.80% urban
ManySeattle
of theare almost Avg Price per Unit $332,290
$1,441.10 compress.
$700,000 per unit. Many
planned of the planned
developments that developments
are slated to that by
deliver are2021
slated to
will Avg Price per SF $509
Vacancy Rate
$332,290
4.00%
deliver by 2021 will be significantly delayed or may not break ground. Only # of Sales
Units UnderbeConstruction
$509 of portion
significantly delayed or may not break 14.874
ground. Only
At the a
beginning of the current
(past
cycle, the price per sqft of47apts
12 months)
a portion the planned units have been issued a MUP.
of the planned units have been issuedwas The 5yr
a MUP. average
much The 5yr than that of condominiums
higher because of robust
nths) Units Planned
absorption
47 isaverage
steadilyabsorption
increasingiscausing vacancy
20,727
to compress. 3yr Avg Rent Growth 5.80%
steadily increasing causing aptvacancy to Currently, the lack of for-sale product and the
rent growth.
Master
5.80%
Use Permits (MUP) 9,372 Vacancy Rate 4.00%
compress.
At the beginning of the current cycle, the price per sq. ft.recent slowing
of apts. was of rent growth has resulted in a drastic increase
Units Under
4.00% in the price per sqft for condo sales. 14,874
much higherAtthan that of condominiums because of price
robust aptsqft
rent growth. Construction
14.874 the beginning of the current cycle, the per of apts
Currently, Data
the lackfrom
of for-sale product and the recent slowing of rent growth Units Planned 20,727
20,727
was much higher than that of condominiums because of robust Master Use Permits 9,372
has resulted in a drastic increase in the price per sq. ft. for condo sales.
apt rent growth. Currently, the lack of for-sale product and the
9,372
recent slowing of rent growth has resulted in a drastic increase
in the price per sqft for condo sales. DE X TER INNOVATION QUARTER 66
70
PROVIDING ADDITIONAL
REFERENCE MATERIALS
REQUIREMENTS &
A PPE N D I C E S
SECTION 08
APPENDICES
Form C.1
Transmittal Letter
RFP Response Date: October 5, 2018
RESPONDENT: Mike Ruhl, Vice President, Seattle Market Lead

BioMed Realty, L.P.
201 Elliott Avenue West, Suite 150
Seattle, WA 98119
858-774-4845
[email protected]
www.biomedrealty.com
Ladies and Gentlemen:

In response to the Mercer Mega Block Request for Proposals (the “RFP”) issued by JLL on behalf of the
City of Seattle (the “City”) for the disposition of the Mercer Mega Block (“the Project”), the undersigned
(“Developer”) submits this response (the “Response”). Initially capitalized terms not otherwise defined herein
shall have the meanings set forth in the RFP.
Enclosed, and by this reference incorporated herein and made a part of this Response, is the tabbed
response to the RFP.
Developer acknowledges access to all materials posted with respect to the Project as of the Submittal Due
Date for the RFP including all addenda and questions and answers matrices issued in connection with this RFP.
Developer represents and warrants that it has read and understands the RFP and agrees to abide by the
contents and terms of the RFP.
Developer understands that JLL is not bound to shortlist any Developer and may reject each Response that
JLL may receive.
Developer further understands that all costs and expenses incurred by it in preparing this Response and
participating in the process will be borne solely by Developer.
Developer agrees that JLL or the City will not be responsible for any errors, omissions, inaccuracies or
incomplete statements in the RFP.
This Response shall be governed by and construed in all respects according to the laws of the State of
Washington.
Authorized representative of Developer: Mike Ruhl
By executing this form each Team Member confirms that the representative named above is authorized to
act as agent on behalf of the Developer and the principal contact for the Developer in dealings with the City.
Developer’s business address: 201 Elliott Avenue West, Suite 150, Seattle, WA 98119
State or Country of Incorporation/Formation/Organization: Maryland
By:
Print Name: Mike Ruhl
Title: Vice President, Seattle Market Lead
DE X TER INNOVATION QUARTER i

APPENDICES
Form C.2—A
Information Regarding Respondent, Major Team Members and Financially
Responsible Parties and Certifications
Name of Respondent: BIOMED REALTY, L.P.
Name of Firm: BIOMED REALTY, L.P.
Role of Firm on Respondent Team:

Respondent Equity Member Major Non-Equity Member Financially Responsible Party
Year Established: 2004 Individual Contact: MIKE RUHL
Individual’s Title: VICE PRESIDENT, SEATTLE MARKET LEAD
Firm’s CEO/Chairman: TIM SCHOEN
Federal Tax ID No. (if applicable): 20-1320636 Telephone No.: 858-485-9840
North American Industry Classification Code: 531120 Fax No.: 858-485-9843
Name of Official Representative (if applicable):
Business Organization (check one):
Corporation (If yes, then indicate the State/Country/Province and Year of Incorporation and
complete Sections A-C and the Certification section of Form C.2 for the entity.)
Partnership (If yes, complete Sections A-C and the Certification section of Form C.2 for each member.)
Joint Venture (If yes, complete Sections A-C and the Certification section of Form C.2 for each member.)
Limited Liability Company (If yes, complete Sections A-C and the Certification section of Form C.2
for each member.)
Other (If yes, describe and complete Sections A-C and the Certification section of Form C.2)
A. Business Name: BIOMED REALTY, L.P.
B. Business Address: 201 ELLIOTT AVENUE WEST, SUITE 150, SEATTLE, WA 98119
Headquarters: 17190 BERNARDO CENTER DRIVE, SAN DIEGO, CA 92128
Office Performing Work: 201 ELLIOTT AVENUE WEST, SUITE 150, SEATTLE, WA 98119
Contact Telephone Number: 858-207-5315
C. If the entity is a Joint Venture, Partnership or Limited Liability Company, indicate the name and role
of each member firm in the space below. Complete a separate Form C.2 for each member firm
and attach it to the RFP. Also indicate the name and role of each other financially liable party and
attach a separate form.
BRE EDISON L.P. – GENERAL PARTNER
D. Provide Washington general contractor license number (if available): ________________
DE X TER INNOVATION QUARTER ii

APPENDICES
Form C.2—A (cont.)
CERTIFICATION
1. Has the firm or any affiliate, or any current officer, director or employee of either the firm or any affiliate,
been indicted or convicted of bid (i.e., fraud, bribery, collusion, conspiracy, antitrust, etc.) or other
contract related crimes or violations or any other felony or serious misdemeanor within the past ten
years (measured from the date of issuance of the RFP)?
Yes No
If yes, please explain:
Date
Jurisdiction
Type
Explanations

2. Has the firm or any affiliate ever sought protection under any provision of any bankruptcy act within
the past ten years (measured from the date of issuance of the RFP)?
Yes No
Date
Jurisdiction
Type
Explanations
3. Has the firm or any affiliate ever been disqualified, removed, debarred or suspended from performing
work for the federal government, any state or local government, or any foreign governmental entity
within the past ten years (measured from the date of issuance of the RFP)?
Yes No
Date
Jurisdiction
Type
Explanations
4. Has the firm or any affiliate ever been found liable in a civil suit or found guilty in a criminal action for
making any false claim or other material misrepresentation to a public entity within the past ten years
(measured from the date of issuance of the RFP)?
Yes No
DE X TER INNOVATION QUARTER iii

APPENDICES
If yes, as to each such inquiry, state the name of the public agency, the date of the inquiry, the grounds
on which the public agency based the inquiry, and the result of the inquiry.
Date
Jurisdiction
Grounds
Result
5. Has any construction project performed or managed by the firm or, to the knowledge of the
undersigned, any affiliate involved repeated or multiple failures to comply with safety rules, regulations,
or requirements within the past ten years (measured from the date of issuance of the RFP)?
Yes No
If yes, please identify the team members and the projects, provide an explanation of the
circumstances, and provide owner contact information including telephone numbers and e-mail
addresses.
Date
Project
Explanation
Contact Name
Contact Phone
Contact E-mail
6. Has the firm or any affiliate been found, adjudicated or determined by any federal or state court or
agency (including, but not limited to, the Equal Employment Opportunity Commission, the Office of
Federal Contract Compliance Programs and any applicable Washington governmental agency) to
have violated any laws or Executive Orders relating to employment discrimination or affirmative action
within the past ten years (measured from the date of issuance of RFP), including but not limited to Title
VII of the Civil Rights Act of 1964, as amended (42 U.S.C. Sections 2000 et seq.); the Equal Pay Act (29
U.S.C. Section 206(d)); and any applicable or similar Washington law?
Yes No
Date
Jurisdiction
Type
Explanations
7. Has the firm or any affiliate been found, adjudicated, or determined by any state court, state
administrative agency, including, but not limited to, the Washington Department of Industrial Relations
(or its equivalent), federal court or federal agency, to have violated or failed to comply with any law
or regulation of the United States or any state within the past ten years (measured from the date of
issuance of the RFP) governing prevailing wages (including but not limited to payment for health and
DE X TER INNOVATION QUARTER iv

APPENDICES
welfare, pension, vacation, travel time, subsistence, apprenticeship or other training, or other fringe
benefits) or overtime compensation?
Yes No
Date
Jurisdiction
Type
Explanations
8. With respect to each of Questions 1-7 above, if not previously answered or included in a prior response
on this form, is any proceeding, claim, matter, suit, indictment, etc. currently pending against the
firm that could result in the firm being found liable, guilty or in violation of the matters referenced in
Questions 1-7 above and/or subject to debarment, suspension, removal or disqualification by the
federal government, any state or local government, or any foreign governmental entity?
Yes No
If yes, please explain and provide the information requested as to such similar items set forth in
Questions 1-7 above.
Date
Jurisdiction
Type
Explanations
9. Has the developer, or joint venture partner, including their parent corporation(s) or subsidiary(s)
or affiliated corporation(s) as well as any of the development team’s officers, principal members,
shareholders or investors been involved in litigation relating to a development project, either voluntary
or involuntary, within the last ten (10) years?
Yes No
If Yes, provide the following information. If more room is necessary use a separate sheet and indicate
as such in the description.
Date April 17, 2012

Jurisdiction U.S. District Court, Western District of Washington
Type Plaintiff in negligent construction suit
Explanations Contractor had negligently installed flooring in building redevelopment
Current Status Dismissed without prejudice
10. Total amount of development work completed by the developer during the last ten (5) years.
Complete Appendix C – Form C.4 and list the total number of projects and the Total project cost
below:
DE X TER INNOVATION QUARTER v

APPENDICES
Total Number of Projects Completed

Total Project Cost
11. Total amount of development work currently under development. Complete Appendix C – Form C.5
and list the total number of projects and the total project cost below:
Total Number of Projects

Total Project Cost
12. Total amount of development work currently in the pipeline. Complete Appendix C – Form C.6 and list
the total number of projects and the total project cost below:

Total Project Cost
13. Does the developer, or joint venture partner, including their parent corporation(s) or subsidiary(s)
shareholders or investors have a known relationship, as it relates to this proposal, with any member of
the City, either elected officials or staff?
Yes No
as such in the explanation.
Explanation:
I certify that the foregoing is true and correct, and that I am the firm’s Official Representative:
By:
Print Name: Mike Ruhl
Title: Vice President, Seattle Market Lead
Date: October 5, 2018
DE X TER INNOVATION QUARTER vi

APPENDICES
9. (Continued)
Date July 23, 2010

Jurisdiction Alameda County, California
Type Defendant in mechanic’s lien suits
Explanations Our tenant had gone out of business and not paid its contractors
Current Status Settled and liens released
Date February 9, 2009

Jurisdiction San Diego, California
Explanations Our tenant had gone bankrupt and not paid its contractors
DE X TER INNOVATION QUARTER vii

APPENDICES
Form C.2—B
Name of Firm: BRE EDISON PARENT L.P.

Year Established: Individual Contact:
Individual’s Title:
Firm’s CEO/Chairman:
Federal Tax ID No. (if applicable): Telephone No.:
North American Industry Classification Code: Fax No.:
for each member.)
A. Business Name: BRE EDISON PARENT L.P.
B. Business Address: 17190 BERNARDO CENTER DRIVE, SAN DIEGO, CA 92128

Headquarters: 345 PARK AVENUE, NEW YORK, NY 10154
Office Performing Work: 17190 BERNARDO CENTER DRIVE, SAN DIEGO, CA 92128
DE X TER INNOVATION QUARTER viii

APPENDICES
Form C.2—B (cont.)
CERTIFICATION
Yes No
Date
Jurisdiction
Type
Explanations

Yes No
Date
Jurisdiction
Type
Explanations
Yes No
Date
Jurisdiction
Type
Explanations
Yes No
DE X TER INNOVATION QUARTER ix

APPENDICES
Date
Jurisdiction
Grounds
Result
Yes No
addresses.
Date
Project
Explanation
Contact Name
Contact Phone
Contact E-mail
Yes No
Date
Jurisdiction
Type
Explanations
DE X TER INNOVATION QUARTER x

APPENDICES
Yes No
Date
Jurisdiction
Type
Explanations
Yes No
Date
Jurisdiction
Type
Explanations
Yes No
Date April 17, 2012

DE X TER INNOVATION QUARTER xi

APPENDICES
below:

Total Project Cost

Total Project Cost

Total Project Cost
Yes No
Explanation:
By:
Print Name:
Title:
Date:
DE X TER INNOVATION QUARTER xii

APPENDICES
9. (Continued)
Date July 23, 2010


DE X TER INNOVATION QUARTER xiii

APPENDICES
Form C.2—C
Name of Firm: BRE EDISON HOLDINGS L.P.

for each member.)
A. Business Name: BRE EDISON HOLDINGS L.P.

BRE EDISON HOLDINGS LLC – GENERAL PARTNER
BRE EDISON PARENT L.P. – LIMITED PARTNER
DE X TER INNOVATION QUARTER xiv

APPENDICES
Form C.2—C (cont.)
CERTIFICATION
Yes No
Date
Jurisdiction
Type
Explanations

Yes No
Date
Jurisdiction
Type
Explanations
Yes No
Date
Jurisdiction
Type
Explanations
Yes No
DE X TER INNOVATION QUARTER xv

APPENDICES
Date
Jurisdiction
Grounds
Result
Yes No
addresses.
Date
Project
Explanation
Contact Name
Contact Phone
Contact E-mail
Yes No
Date
Jurisdiction
Type
Explanations
DE X TER INNOVATION QUARTER xvi

APPENDICES
Yes No
Date
Jurisdiction
Type
Explanations
Yes No
Date
Jurisdiction
Type
Explanations
Yes No
Date April 17, 2012

DE X TER INNOVATION QUARTER xvii

APPENDICES
below:

Total Project Cost

Total Project Cost

Total Project Cost
Yes No
Explanation:
By:
Print Name:
Title:
Date:
DE X TER INNOVATION QUARTER xviii

APPENDICES
9. (Continued)
Date July 23, 2010


DE X TER INNOVATION QUARTER xix

APPENDICES
Form C.2—D
Name of Firm: BRE EDISON HOLDINGS LLC

for each member.)
A. Business Name: BRE EDISON HOLDINGS LLC

BRE EDISON PARENT L.P. – SOLE MEMBER
DE X TER INNOVATION QUARTER xx

APPENDICES
Form C.2—D (cont.)
CERTIFICATION
Yes No
Date
Jurisdiction
Type
Explanations

Yes No
Date
Jurisdiction
Type
Explanations
Yes No
Date
Jurisdiction
Type
Explanations
Yes No
DE X TER INNOVATION QUARTER xxi

APPENDICES
Date
Jurisdiction
Grounds
Result
Yes No
addresses.
Date
Project
Explanation
Contact Name
Contact Phone
Contact E-mail
Yes No
Date
Jurisdiction
Type
Explanations
DE X TER INNOVATION QUARTER xxii

APPENDICES
Yes No
Date
Jurisdiction
Type
Explanations
Yes No
Date
Jurisdiction
Type
Explanations
Yes No
Date April 17, 2012

below:
DE X TER INNOVATION QUARTER xxiii

APPENDICES

Total Project Cost

Total Project Cost

Total Project Cost
Yes No
Explanation:
By:
Print Name:
Title:
Date:
DE X TER INNOVATION QUARTER xxiv

APPENDICES
9. (Continued)
Date July 23, 2010


DE X TER INNOVATION QUARTER xxv

APPENDICES
Form C.2—E
Name of Firm: BRE EDISON L.P.

for each member.)
A. Business Name: BRE EDISON L.P.

BRE EDISON LLC – GENERAL PARTNER
BRE EDISON HOLDINGS L.P. – LIMITED PARTNER
DE X TER INNOVATION QUARTER xxvi

APPENDICES
Form C.2—E (cont.)
CERTIFICATION
Yes No
Date
Jurisdiction
Type
Explanations

Yes No
Date
Jurisdiction
Type
Explanations
Yes No
Date
Jurisdiction
Type
Explanations
Yes No
DE X TER INNOVATION QUARTER xxvii

APPENDICES
Date
Jurisdiction
Grounds
Result
Yes No
addresses.
Date
Project
Explanation
Contact Name
Contact Phone
Contact E-mail
Yes No
Date
Jurisdiction
Type
Explanations
DE X TER INNOVATION QUARTER xxviii

APPENDICES
Yes No
Date
Jurisdiction
Type
Explanations
Yes No
Date
Jurisdiction
Type
Explanations
Yes No
Date April 17, 2012

DE X TER INNOVATION QUARTER xxix

APPENDICES
below:

Total Project Cost

Total Project Cost

Total Project Cost
Yes No
Explanation:
By:
Print Name:
Title:
Date:
DE X TER INNOVATION QUARTER xxx

APPENDICES
9. (Continued)
Date July 23, 2010


DE X TER INNOVATION QUARTER xxxi

APPENDICES
Form C.2—F
Name of Firm: BRE EDISON LLC

for each member.)
A. Business Name: BRE EDISON L.P.

BRE EDISON HOLDINGS L.P. – SOLE MEMBER
DE X TER INNOVATION QUARTER xxxii

APPENDICES
Form C.2—F (cont.)
CERTIFICATION
Yes No
Date
Jurisdiction
Type
Explanations

Yes No
Date
Jurisdiction
Type
Explanations
Yes No
Date
Jurisdiction
Type
Explanations
Yes No
DE X TER INNOVATION QUARTER xxxiii

APPENDICES
Date
Jurisdiction
Grounds
Result
Yes No
addresses.
Date
Project
Explanation
Contact Name
Contact Phone
Contact E-mail
Yes No
Date
Jurisdiction
Type
Explanations
DE X TER INNOVATION QUARTER xxxiv

APPENDICES
Yes No
Date
Jurisdiction
Type
Explanations
Yes No
Date
Jurisdiction
Type
Explanations
Yes No
Date April 17, 2012

DE X TER INNOVATION QUARTER xxxv

APPENDICES
below:

Total Project Cost

Total Project Cost

Total Project Cost
Yes No
Explanation:
By:
Print Name:
Title:
Date:
DE X TER INNOVATION QUARTER xxxvi

APPENDICES
9. (Continued)
Date July 23, 2010


DE X TER INNOVATION QUARTER xxxvii

APPENDICES
Form C.3
Project Qualifications
Project 1 of 5
Project Name Dexter Yard
Project Address 700 Dexter Avenue N
City and State Seattle, Washington
Project Data
Size of Project Gross Square Footage 520,000 Acreage
Construction Type Laboratory/Office
Level of LEED Certification Gold
Number of Stories 15
Construction Start Date Q1 2019
Construction Completion Date Q1 2021
Was the project completed on time?
Under construction
If not, why?
Address the following questions in relation to the above referenced project:

1. Provide a brief narrative that describes the nature of the development.
Dexter Yard is situated at the intersection of South Lake Union’s Tech Row and Seattle’s most desirable residential neighbor-
hoods. The design intends to not only create a place for tenants to work, but one that invites the community in to share and
grow. The community-centric design centers around an activated ground plane featuring a unique pedestrian through block
linking the South Lake Union and Dexter neighborhoods and featuring a one-of-a-kind amenity—the Field House—a 5,500
SF multi-use space offering the ability to play, entertain, and learn.
2. Describe any community benefits and open space that characterize this project.
Dexter Yard is a two tower project occupying a full block in Seattle’s South Lake Union. The project breaks the mold
of other SLU projects by creating human-scale spaces that invite people to enter, stay and build connections. Ground-
breaking on this 520,000 square foot project is set for Q1 2019 with a project delivery in Q1 2021. Possible tenants
include members of the creative economy, technology, biotechnology, and services.
3. Describe how the referenced project is most relevant to elements of the scope as required by the
City and described in the RFP.
Dexter Yard is the perfect example of BioMed Realty’s vision for the neighborhood: spaces that are shared and used by
tenants and non-tenants both; buildings constructed to the highest aesthetic and environmental standards; buildings
that encourage interaction. The Mercer Mega Block will be the next chapter in BMR’s goal to build a legacy in Seattle of
extraordinary projects.
Provide up to two (2) pages of illustrations (photographs, drawings, and computer generated art) no
larger than 8x10” which may be used to illustrate each project. These can be before-and after shots,
interiors, elevations, sections, or other visual descriptions of project quality.
DE X TER INNOVATION QUARTERxxxviii

APPENDICES
Form C.3 (cont.)
Project 2 of 5
Project Name Kendall Square
500 Kendall Street, 450 Kendall Street, 675 West Kendall Street, 650 East
Project Address
Kendall Street, 350 East Kendall Street Garage, Kendall Crossing Apartments
City and State Cambridge, Massachusetts
Project Data
Size of Project Gross Square Footage 1.0 million Acreage 10.0
Platinum (500 Kendall Street), Gold Core & Shell (650 East Ken-
Level of LEED Certification
dall Street)
500 Kendall Street – 14; 450 Kendall Street – 6; 675 West Ken-
Number of Stories dall Street – 8; 650 East Kendall Street – 13; Kendall Crossing
Apartments - 7 (37 Apartments)
Construction Start Date Various
Construction Completion Date Various
Yes
If not, why?

Kendall Square is home to many of the global leaders in life science and technology. Beginning with the revitalization of
Kendall Square in the 1990s, the area has been transformed into a world-renowned biomedical and tech technology re-
search hub, anchored by premier academic institutions, research institutions, venture capital firms and worldwide corpora-
tions. BioMed Realty developed, owns and operates six of the most prominent buildings in Kendall Square, thereby creating
a mixed-use campus environment in the heart of arguably the most robust innovation district in the world.
The Kendall Square project is a 10-acre, award-winning, multi-functional planned development. It successfully weaves 2.5
acres of activated and landscaped open space throughout a community of world-class office and lab buildings, apartment
towers, restaurants, and retail shopping. BioMed Realty continues to reshape the larger Kendall Square neighborhood by
embracing an activation strategy which features seasonal, family-friendly lifestyle activities ranging from fine dining, outdoor
concerts series, canoe and kayak recreation, an outdoor farmers market, and a community ice skating rink.
BioMed Realty aims to bring Kendall Square’s unparalleled innovation energy and entrepreneurial spirit to South Lake
Union by shaping a very similar live-work-play ecosystem. At Dexter Innovation Quarter, easy access to both public
and private transportation options, including bus, trolley, shuttle, and bicycle-share, offer possible solutions to address
site-specific Parking Transportation Demand Management requirements.
DE X TER INNOVATION QUARTER xxxix

APPENDICES
Form C.3 (cont.)
Project 3 of 5
Project Name Gateway of Pacific Phase 1
Project Address Gateway Boulevard
City and State South San Francisco, California
Project Data
Size of Project Gross Square Footage 560,000 Acreage 6.54
Level of LEED Certification LEED Gold (shell & core)
Number of Stories 12 + Basement + Penthouse
Construction Completion Date Q3 2019 (est.)
Scheduled for on-time completion
If not, why?

Gateway of Pacific is being developed over several phases into a fully-integrated 1.5 million square foot research campus
located at the most prominent corner of South San Francisco. The project is designed to the highest institutional standards,
with state-of-the-art building systems, a first-class amenity center, bay and mountain views and premier office and laborato-
ry space. Subterranean parking makes way for a park-like setting at the center of the campus, promoting a flexible indoor/
outdoor work environment in a highly sustainable setting. Phase 1 of the project, currently under construction, will deliver a
12 story, 510,000 square foot laboratory and office building plus the signature 50,000 square foot amenity center featuring
collaboration spaces, marketplace and health club.
Made possible by subterranean parking and inspired by Central Park in New York City, Gateway of Pacific boasts its
Gateway Central Park, a fully-landscaped park running the full length of the 22.6 acre campus. This dedicated outdoor
environment provides campus tenants and the community with diverse sports and recreation venues, picnic areas,
collaboration nooks, Zen garden and outdoor dining plaza and is the inspiration for Gateway of Pacific mantra “science
in a park, not a parking lot”.
Gateway of Pacific is located at the entrance of South San Francisco, a vibrant, high density community with tremendous
access to public infrastructure and transportation options. Its 1.5 million square feet of laboratory, office and amenity
space are designed and constructed to industry-leading environmental standards to fit seamlessly into the South San
Francisco ecosystem and ethos. Subterranean parking allows a pedestrian-friendly and vehicle-free Central Park through-
out the campus.
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APPENDICES
Form C.3 (cont.)
Project 4 of 5
Project Name (Ascent) 425 Fairview
Project Address 425 Fairview Avenue North
City and State Seattle, WA
Project Data
Size of Project Gross Square Footage 482,000 Acreage 1.26
Construction Type New
Level of LEED Certification Gold (Registered)
4 Levels below grade parking, 2 separate buildings (1) 24 stories
Number of Stories
(2) 7 story wood frame
Yes
If not, why?

Turner provided preconstruction and construction services for a new mixed-use residential complex for Greystar, one of the
nation’s largest apartment developers. The project consists of 4 levels of below-grade parking at 200,000 SF, a large podi-
um at street level with 12,000 SF of retail space, and 270,000 SF of luxury residential units. The apartments will be built as
two separate towers; one as a 25-story, 240-foot tower and the other as a 7-story, 85-foot tower. The building also provides
the residents with many amenities such as fitness center, rooftop lounge, spa, dog run & pet walk and outdoor fitness and
gathering area.
Working in an urban environment the project team had a Facebook page for the community to get project related
information. Turner also published periodic newsletter and distributed to the neighborhood. During the duration of the
project Turner provided The Turner School of Construction Management (TSCM)which is a free eight-week program
that offers construction management training to small minority-owned, women-owned and emerging small businesses
(SBE). Participants are able to develop their professional skills in business plan writing, marketing, accounting and
financial management, bid estimating, purchasing, safety, risk management and much more. Turner project team also
did Community outreach at Pete Gross House – Seattle Cancer Care Alliance volunteering time and material – painting
& pressure washing the exterior of the building.
This project is similar in scale to Dexter Innovation yard. Constructed in an urban environment - this project is a prime
example of Turner’s expertise and ability to work in a congested highly trafficked environment. 425 Fairview dealt with
many above and beyond logistics that went past the pedestrian and vehicle normalcies associated with downtown. The
Dexter Innovation Quarter project also aims at providing educational opportunities and training for the local construction
community with a diverse background. Engaging the neighborhood and keeping them informed of the project progress
will also be a strategy that will be implemented.
DE X TER INNOVATION QUARTER xli

APPENDICES
Form C.3 (cont.)
Project 5 of 5
Project Name Walton Lofts
Project Address 75 Vine Street
City and State Seattle, WA
Project Data
Size of Project Gross Square Footage 161,647 Acreage
Construction Type New
Level of LEED Certification No / 3 Globes – Green Globes
Number of Stories 13
Yes
If not, why?

Walton Lofts is a 13-story high-rise apartment building located in Seattle’s Belltown neighborhood. The building includes
one and a half levels of below-grade parking with 70 stalls, including tandem options, 136 luxury loft-style residential homes
and one guest suite. The 161,647 SF building includes studio, open one-bedroom and two-bedroom homes. Located on
the corner of Western Avenue and Vine Street, Walton Lofts is situated on a unique site in downtown Seattle. Vine Street is
not only the city’s original Green Street and the centerpiece of the Growing Vine Street community initiative, it is adjacent to
the historic Belltown Cottage Park. The building’s location offers stunning, unobstructed water views from street level and a
unique park-like setting near the city’s renowned waterfront.
Amenities enjoyed by residents- a rooftop lounge, grand library, rooftop pet walk, a variety of residential storage op-
tions, an amenity kitchen, fully stocked fitness facility, resident bike work room and storage, electric vehicle charging
stations and a resident guest suite.
During the duration of the project Turner provided The Turner School of Construction Management (TSCM)- The TSCM
program is a free eight-week program that offers construction management training to small minority-owned, wom-
en-owned and emerging small businesses (SBE). Participants are able to develop their professional skills in business
plan writing, marketing, accounting and financial management, bid estimating, purchasing, safety, risk management
and much more. Although our program has been offered to all SBE firms meeting SBA size standards for small business-
es, this past year we designed our program for S/DBE firms that met the size standards as outlined in RCW 39.26.010.
In doing so, we were able to offer a program specifically for a more diverse group of small business owners and their
key personnel.
DE X TER INNOVATION QUARTER xlii

APPENDICES
Form C.3 (cont.)
Project 5 of 5
The project received Three Globe™ certification from Green Building Initiative’s Green Globes program -- equivalent to
LEED™ Gold certification. Walton Lofts’ participation in the Growing Vine Street Initiative is very similar to Dexter Inno-
vation Quarter as it relates to sustainability, community involvement and design to accommodate a city’s vision. In the
early 1990’s, a community group worked with the city to develop an initiative along Vine Street. Developments would be
encouraged to install community art features telling the story of the pathway of water from the City to the Sound. The goal
was to treat the eight-block length of Vine Street as a watershed, turning it into a street park in the heart of Belltown. Thus
Vine Street became Seattle’s first “green street”.
Walton Lofts is proud to contribute to this initiative. Designed within the landscaping is a system of runnels and weirs to
capture rainwater from the roof, filter it through a green roof at the fifth floor level, and convey it downward, via runnels set
into the exterior brick, to Vine Street. Water from the runnels is representatively captured; poured from sculpted hands into
the connected weir system where it is filtered through landscaping before ultimately ending in the Puget Sound. By partic-
ipating in this program Walton Lofts completed a missing link between the Belltown P-Patch and participating neighbors,
finally creating one continuous feature as the Growing Vine Street group intended it to be.
DE X TER INNOVATION QUARTER xliii

APPENDICES
Partnership
Affordable Housing PARTNERS & DIALOGUES
Integrity Housing, a dba of Affordable Housing Alliance II, Inc., was

launched in 2010 with a mission to create mixed-income affordable housing
through new development and the acquisition of existing multifamily
properties. It is the belief of Integrity Housing that communities of mixed
income create a better environment for growth and positive life changes
in the moderate to low income residents it serves, as well as provide a
good model for being a welcome addition to the neighboring communities.
Since 1999 the team at Integrity Housing has built diverse and extensive
experience in all areas of multifamily and affordable housing. BioMed
Realty’s partnership with Integrity Housing will enhance the affordable
housing aspect of our offering.
Education
Seattle Public Schools and Washington State Board of Community and

Technical Colleges aim to provide every student with excellent education
and an opportunity to attend college, contributing to the economy with
locally-trained graduates. Effective partnerships are critical to creating
an active, locally-trained workforce to meet the demands of the growing
Seattle/South Lake Union workforce. BioMed Realty met with Seattle
Colleges, Bellevue College and Seattle Public Schools leadership, starting
a dialogue for potential partnerships on this project. Several opportunities—
including contract training for local workforce, tech and life science specific
training, partnership programs with local internship opportunities—were
all discussed. BioMed Realty plans on continuing the dialogue with these
partners exploring opportunities that best serve the community. BioMed
also continues to work closely with Department of Ecology, Seattle Parks
and South Lake Union Community Council.
Social Responsibility in Contracting
BioMed Realty is committed to socially responsible procurement and

promoting social equity through our contracts. The project team is
committed to providing maximum practical inclusion opportunities for
participation in the construction of Dexter Innovation Quarter. We will ensure
best labor practices and the utilization of women and minority-owned
business enterprises (WMBE) and develop a strategy that builds off of the

APPENDICES
Partnership (Cont.)
City of Seattle’s inclusion tools.
Turner construction is committed to prioritizing and supporting contractor

diversity as a core value. We recognize that our focus on providing
opportunities for firms within the WMBE community goes beyond good
business—it is essential to the health of our local economy and the
equitable development of all businesses in the construction industry.
Nationally and locally, Turner identifies and directs as many contract
dollars as possible to certified firms. Since 1979, Turner has provided and
built successful long-term relationships with MBE/WBE/SBE and local
firm vendors and subcontractors generating more than 67,000 contracts
with a value exceeding $24.1 billion across the U.S., and has facilitated the
award of $69.8 million to state-certified MBE/WBE/SBE and local firms
on Washington-based projects since 2012 by emphasizing teamwork,
mentoring and business growth.
Turner also conducts the annual Turner School of Construction

Management (TSCM) training program to provide MBE/WBE/SBE and local
firms with the tools and knowledge necessary to competitively bid on
work. In addition to technical training, the program helps attendees build
networks, connect with invaluable business resources, win contracts with
Turner and other industry leaders and form long-term business relationships.

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M E RCE R M E GA B LOC K

LEAD RESPONDENT & PRINCIPAL CONTACT

Re: Mercer Mega Block Response to RFP

Dear Selection Committee,

Jon Bergschneider Mike Ruhl

201 Elliott Avenue West, Suite 150, Seattle, WA 98119 • biomedrealty.com

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4DE X TER INNOVATION QUARTER

Dexter Innovation Quarter represents the vast possibilities of a diverse

Dexter Innovation Quarter endeavors to be a district based on social,

Dexter Innovation Quarter is currently envisioned as one of the following

• Option A—shall include a minimum of 718k FAR square feet of

DE X TER INNOVATION QUARTER 5

• Option B—shall include a minimum of 911k FAR square feet of

PUBLIC BENEFIT RENTABLE SQUARE FEET

BioMed Realty owns, develops, and manages the highest quality

In January of 2016, BioMed Realty was acquired by Blackstone Real

OFFER AND TRANSACTION SUMMARY

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PROJECT FINANCING PLAN &

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8DE X TER INNOVATION QUARTER

WE KNOW THE NEIGHBORHOOD

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Relevance to Mercer Mega Block

For Form C.3, see Appendix.

Ground Plane Rendering

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Exterior Rendering as seen from the Mercer

The Field House (seen in the background), along with locally-

DE X TER INNOVATION QUARTER 12

CONNECTING REAL ESTATE Developer

WITH COMMUNITIES AMID BioMed Realty

EXTRAORDINARY GROWTH Gross SF

functional planned development. It successfully weaves 2.5 10.0

community of world-class office and lab buildings, apartment Laboratory / Office

DE X TER INNOVATION QUARTER 13

450 Kendall—With a focus on the future, the

Grand Prize winner out of ten regional Phoenix Award winners

BioMed Realty aims to bring Kendall Square’s unparalleled

At Dexter Innovation Quarter, easy access to both public and

For Form C.3, see Appendix.

650 East Kendall with Plaza

DE X TER INNOVATION QUARTER 14

THAT INSPIRES INNOVATION

Designed as “science around a park, not a parking lot,” Gateway

DE X TER INNOVATION QUARTER 15

Gateway of Pacific’s unique amenity-

also include diverse sports and recreation venues, picnic areas,

BioMed Realty is proposing to create a similar development for

For Form C.3, see Appendix.

DE X TER INNOVATION QUARTER 16

SOLVING THE COMPLEXITY OF General Contractor

BUILDING IN SOUTH LAKE UNION Turner Construction

Turner provided preconstruction and construction services for 482,000 SF

nation’s largest apartment developers. The project consists of 1.26

DE X TER INNOVATION QUARTER 17

For Form C.3, see Appendix.

DE X TER INNOVATION QUARTER 18