Hudson Pacific Properties, Inc. announced acquisition of Washington 1000, a fully entitled, office development site in Seattle, for $85.6 million before closing adjustments. Hudson Pacific will commence construction of the office tower immediately with total project costs, including the purchase price, of $340 to $360 million and anticipated delivery in early 2024. Washington 1000 is centrally located at 1000 Olive Way within the Amazon-anchored Denny Triangle submarket directly adjacent to the $1.9 billionWashington State Convention Center Addition project, which is adding numerous retail amenities and streetscape improvements to the neighborhood. Hudson Pacific's new 546,000-square-foot, Class A tower brings its strategically assembled, premier office portfolio in Denny Triangle to nearly 2 million square feet. Washington 1000 will be LEED Gold and Fitwel certified with 100% carbon neutral operations, enhanced HVAC filtration units and antimicrobial finishes at key touchpoints. Spacious 36,500-square-foot column-free floor plates optimize flexibility, while high ceilings maximize glass allowing for abundant natural light. The project has over 22,000 square feet of amenity-rich outdoor space, including an indoor-outdoor rooftop lounge and two 5,000-square-foot terraces off the second-floor main lobby, as well as a best-in-class end-of-trip facility. Project architects are LMN and Callison RKTL.