** Developer breaks ground on new Bothell industrial park | HeraldNet.com

Panattoni Development has started construction on the North Creek Commerce Center, a significant 243,000-square-foot industrial park located in Bothell, Washington. Situated on a 29-acre site at 18712 Bothell Everett Highway, this project aims to address the increasing demand for industrial, warehouse, and office spaces in the area. The center will consist of three buildings, measuring 124,500 square feet, 96,000 square feet, and 29,000 square feet, respectively. Completion is anticipated by July 2024, with leasing efforts led by Kidder Mathews. The development is designed to fulfill the Eastside market's urgent need for flex/manufacturing space, which has been notably scarce.

Kidder Mathews Executive Vice President Zach Vall-Spinosa expressed enthusiasm for the project, highlighting its state-of-the-art facilities and a high parking ratio, nearly three times that of typical developments. While there was speculation about Amazon potentially leasing space, the buildings are currently available for lease. The project will involve the demolition of existing structures, including an RV and boat storage park, several homes, and a used car dealership.