Hunt and Wildish Partner On OSU Parking Garage

Hunt Construction Group's Western regional office and joint venture partner Wildish Building Co. of Eugene, Ore., have been awarded the new $12 million Oregon State University parking garage project in Corvallis, Ore.

When completed in August 2005, the project will consist of 300,000 sq. ft. on five levels and have the capacity to house 1,000 vehicles.

Hunt-Wildish is currently serving as the construction manager/general contractor on the expansion of OSU's Reser Stadium. The scope of work includes an expansion on the east side of the stadium as well as a new covered second level of suites and seats. When complete, the stadium will be 300,000 sq. ft. and feature 43,000 seats.

Vulcan Assumes Lead Role On South Lake Union Project

Seattle - Harbor Properties Inc. of Seattle is transferring its interest in 223 Yale, a mixed-use development project in South Lake Union's Cascade neighborhood, to Seattle's Vulcan Inc. To date, the project has been under development by joint-venture partners Vulcan, Harbor and PEMCO Insurance. PEMCO will remain a partner and Vulcan will assume responsibility for day-to-day development.

223 Yale is a 362,000-sq.-ft. mixed-use development that will include 180 residential units, retail and office space. Architecture firm NBBJ (Seattle) is leasing 70,000 sq. ft. at 223 Yale for its new headquarters. Construction is scheduled to begin this summer and be completed in early 2006.

The decision is the result of a strategic corporate realignment plan that has refocused Harbor Properties' future business activities on developing several new projects in Seattle's downtown core, in addition to managing its existing residential and commercial real estate assets.

Vulcan has beefed up its in-house development services team and has hired 25 real estate professionals since first forming its partnership with Harbor Properties.

"With this addition of talent, we have the capabilities to assume the lead developer role for this project," said Ada M. Healey, vice president of real estate for Vulcan.

Harbor Properties will remain in partnership with Vulcan on other joint South Lake Union development projects, including Alcyone, a 200,000-sq.-ft. residential project located on Thomas Street and Minor Avenue North, as well as Cascade Park.