KING 5’s old headquarters on Dexter Avenue in South Lake Union is slated for demolition this summer to make way for two 12-story office towers on the full city block, Los Angeles-based Kilroy Realty Corp. said Friday.
In its first construction project in Seattle, Kilroy said it plans to start in the fall on its 333 Dexter project, which occupies the entire block between Harrison and Thomas streets. The television station expects to be fully moved before the end of February to its new headquarters at Home Plate Center in the Sodo neighborhood.
The new development will offer 582,000 square feet of office space, 15,000 square feet of retail and about 700 underground-parking spaces, according to plans filed with the city. A Kilroy spokeswoman said the complex could accommodate as many as 5,000 high-tech and retail workers.
Kilroy Realty, a publicly traded real-estate investment trust with 13 million square feet of commercial properties on the West Coast, has seven other properties locally, including Fremont Lake Union Center in Seattle, Key Center in Bellevue and Plaza at Yarrow Bay in Kirkland.