Offices leases by Tableau Software and broadband company Wave will jump-start a large new real estate development in Kirkland, Wash., according to reports by the Puget Sound Business Journal and Seattle Times, citing unnamed sources with knowledge of the deal.
It’s part of a larger boom in new development across the Seattle region, sparked in large part by the tech industry. Some businesses, such as data visualization company Tableau, have been opening offices on both sides of Lake Washington to better accommodate employees as traffic in the region has increased.
Each company has reportedly leased about 90,000 square feet in the planned Kirkland Urban project, slated to go up on Central Way near Peter Kirk Park, replacing the existing Kirkland Parkplace development. The 1.2-million-square-foot mixed-use development is scheduled to be built in phases starting this year. A Wave representative declined to comment on the plans, and Tableau did not respond to a request for comment.
Tableau is based in Seattle’s Fremont neighborhood, where it plans to open a new headquarters building in the second half of the year. The company already has a presence in Kirkland. CEO Christian Chabot told GeekWire in December that Tableau would hire another 1,000 employees companywide this year.
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