NDC’S PUBLIC-PRIVATE PARTNERSHIP PROJECT PORTFOLIO

NDC has forged a unique form of public-private partnerships to produce more than $2.0 billion of projects for local governments and non-profit and public institutions. View the highlights of our project portfolio here. Download the program brochure.

Center for Urban Waters
Tacoma, Washington

• 41,000 sq. ft. of office space; 10,000 square feet of lab space
• Designed to LEED Platinum specifications
• Financing: 63-20 bonds
• Bond issue: $37,840,000

 

BioProducts, Sciences and Engineering Laboratory
Washington State University, Richland

• 57,000 sq. ft. bioscience research laboratory
• Contains both classrooms and teaching laboratories
• Houses faculty, their research labs and space for graduate student research
• Financing:  501(c)(3) bonds
• Bond issue: $13,055,000

 

FYI Properties
King County, Washington

• 199,000 sq. ft. office complex, a 110,000 sq. ft. data center
• 300 space underground parking garage with 35 above ground stalls
• Financing: 63-20 bonds
• Bond issue: $305,000,000

 

Public Parking Facility
Volusia County, Florida

•  1,500-space public parking facility
• Preserved County’s debt capacity for other municipal projects
• Anchored major community development effort
• Financing:  501(c)(3) bonds

 

Rainier Place
Edmonds Community College

• Four story, 181 bed student housing project
• First on-site student housing project for Edmonds Community College
• Leased to capacity
• Financing: 501(c)(3) bonds
• Bond issue: $16,155,000

 

NJB Properties
King County, Washington

• 440,000 sq. ft. medical office building
• LEED Silver (pending)
• Erased a $30,000,000 project overrun on previous GC-CM process
• Financing: 63-20 bonds
• Bond issue: $189,720,000

Chinook Building
King County, Washington

• 295,000 sq. ft. King County municipal office building with detached 817-space parking garage
• Significantly reduced the development timeline and development budget
• Financing:  63-20 bonds
• Bond issue: $101,035,000
• LEED Gold – shell and core (pending)
• LEED Platinum – interior (pending)

 

Public Library and Board of Education
Yonkers, New York

• 200,000 sq. ft. municipal library and board of education offices
• Winner of Phoenix Brownfield Redevelopment of the Year
• International  Economic Development of the Year Winner
• Solution to a 20-year struggle to build the Yonkers Public Library
• Financing:  501(c)(3) bonds

4545 Building
University of Washington, Seattle

• 71,351 sq. ft. University of Washington data center
• Acquisition
• Financing allowed the University to meet a rigid acquisition timeline
• Financing:  63-20 bonds
• Bond issue: $17,525,000

Nordheim Court
University of Washington, Seattle

• 460-bed, 146-unit University of Washington student housing project
• 18-month development timeline resulted in 20 percent cost savings
• Financing:  63-20 bonds
• Bond issue: $34,085,000

 

Washington Biomedical Research Project Phase II
University of Washington, Seattle

• 300,000 sq. ft. biomedical research laboratory for the University of Washington School of Medicine
• 15 percent estimated cost savings
• Financing:  501(c)(3) bonds
• Bond issue: $159,465,000

Brotman Building (Washington Biomedical Research Project Phase I)
University of Washington, Seattle

• 105,000 sq. ft. biomedical research laboratory for the University of Washington School of Medicine
• Rehabilitation
• Cost savings of 10 to 20 percent
• Financing:  501(c)(3) bonds
• Bond issue: $38,225,000

Redmond City Hall
Redmond, WA

• 107,000 sq. ft. city hall with 453-space detached parking structure
• Cost savings from development approach helped justify the decision to build
• LEED Silver (pending)
• Financing:  63-20 bonds
• Bond issue: $39,230,000

Edna Lucille Goodrich Building
State of Washington

• 200,000 sq. ft. State of Washington office building with surface parking for 670 cars
• Significantly shortened the development process resulting in cost reduction
• Financing:  63-20 bonds
• LEED Gold
• Bond issue: $56,805,000

Wesley Apartments
Seattle Pacific University

• 156-bed, 40-unit Seattle Pacific University student housing project
• Privately-built and financed University housing on University-leased land
• 18 months from concept to occupancy
• Financing:  501(c)(3) bonds
• Bond issue: $10,745,000

Patricia Bracelin Steele Building
King County, WA

• 156,800 sq. ft. medical office building with 198 underground parking stalls
• Tenant — King County  Harborview Medical Center
• Significantly reduced the development timeline
• Financing:  63-20 bonds
• Bond issue: $62,540,000

 

Issaquah Highlands
King County, WA

• Construction of a regional water line
• Reduced the development costs and shortened the development timeline
• Financing:  63-20 bonds
• Bond issue: 63,500,000

Pacific Place Parking Garage
Seattle, WA

• 1,200-space parking garage
• Anchored a $400 million downtown Seattle development project
• Financing:  501(c)(3) bonds
• Bond issue: $47,000,000

Commodore Duchess Apartments
University of Washington, Seattle

• Rehabilitation of a 139-unit student housing project for the University of Washington
• 50 percent cost savings over University estimates
• Financing:  63-20 bonds
• Bond issue: $7,385,000

King Street Center
King County, WA

• 327,000 sq. ft. municipal office building for King County
• LEED Gold
• 2005 International Office Building of the Year for outstanding government building by the Building Owners and Managers Association
• Saved two years in County development process
• Financing:  63-20 bonds
• Bond issue: $78,275,000

4225 Roosevelt
University of Washington Seattle

• 127,717 sq. ft. medical office building
• Acquisition and modest rehabilitation
• Allowed the University of Washington to acquire leased space and stabilize its occupancy costs
• Financing:  63-20 bonds
• Bond issue: $29,858,000

Lake Tapps Parkway
Pierce County, WA

• Allowed Pierce County the opportunity to complete a major roadway, parks and storm water sewer without issuing municipal debt
• Financing:  63-20 bonds
• Bond issue:  $17,000,000

Radford Court
University of Washington Seattle

• 399-unit University of Washington married student housing project
• Allowed for the development of student housing without University debt
• 2002 AIA Housing PIA award
• Saved two years in development process
• Financing:  63-20 bonds
• Bond issue: $53,125,000