The content for this article was originally published in the Puget Sound Business Journal on July 18, 2024.
The first office tenant for the new Northlake Commons project in Seattle is the nonprofit artificial intelligence research institute that Paul G. Allen co-founded.
Northlake Commons developer Hess Callahan Grey Group announced the 50,000-square-foot deal with the Allen Institute for AI, or Ai2, on Thursday.
Ai2 will fill just over a third of the project’s office/lab space. Other terms of the deal were not provided, and it was unclear when Ai2 will move into the space. Ai2 and their broker, James Yalowitz of Kidder Mathews, declined to comment. The institute, which has around 200 employees, operates at at 2157 N. Northlake Way, about a half mile southwest of Northlake Commons.
“When we began to envision the development that is now Northlake Commons, we dreamt of a vibrant workplace that would be as leading-edge as the tenants we wanted to attract. We could not have hoped for a more fitting tenant than Ai2,” Joanna Callahan, partner at HCG Group, said in a news release.
Northlake Commons is Seattle’s first large-scale mass-timber office project. The two-building campus is directly accessible off the Burke-Gilman Trail and includes bioswale designed to filter up to 2.6 million gallons of stormwater runoff each year.